But would that be fair in the case of, for instance, an increase in property of 10% per year in the third year? Can you actually argue the case and come up with a fair market value or an appraisal for the new value? For instance, if you paid $300,000 for the property you donated in year 3, but the property's now worth $400,000 and you get an actual qualified appraiser to come in to give you an appraisal saying that.
On February 28th, 2013. See this statement in context.