1. WELCOME!!! 2014 Advanced Personal Property Seminar Sheraton Greensboro Hotel at the Four Seasons Mall September 22 to September 24

2. The Appraisal Of Interesting Business Personal Property By Dave Duty Property Valuation Specialist II Monday September 22, 2014 2014 Advanced Personal Property Seminar Sheraton Hotel at Four Seasons Mall

3. What does this asset do?

4. Does this help?

5. Pyxis Medstation 4000 Medication Management System Provides restricted medication dispensing & automates the distribution, tracking, management & security of medications Taxpayer wanted application of the U-5 schedule County placed this asset on the C-10 schedule 3 to 5 year lease, refurbished, leased again Data processing is not its primary function

6. This is the result of a manufacturing process; what is it?

7. What does this process create? Go to YouTube.com and select: Electronic Cigarette Production Process – Cherry Nie

8. E-Cigarette Manufacturing Process More hands-on labor involved Not much heavy machinery & equipment Is the A-15 TOBACCO AND TOBACCO PRODUCTS MANUFACTURING category appropriate? Should E-Cigarettes be banned from public buildings and restaurants?

9. What kind of asset does this trailer haul?

10. Transport Carriers for Modular Homes 95% of the off-frame carriers return to the manufacturer for future use The dealer does not sell carriers in the regular course of business The carriers are not held for sale Merchant inventories are held for immediate resale for a profit The taxpayer is consuming the carrier, not selling it

11. What does this equipment deliver to the asset?

12. Re-Charging Station for Hybrid Electric Vehicles Used to re-charge the batteries in a hybrid electrical vehicle This asset falls into the ELECTRICAL EQUIPMENT category expressed as “machinery used in the generation and utilization of electric energy”………….. Place on a I-10 schedule

13. What does this square box do for its owner?

14. Currency Processing Solutions Glorified bank safe Verifies the currency, checks for counterfeits, & automatically tracks the cash for easy balancing Schedule captures lots of different types of banking assets, except smart safes! It is very much like a Safe Deposit Box so use the H-20 schedule

15. What product does this vending machine dispense?

16. Breathalyzer Found in bars and restaurants Usually leased to the owner of the establishment Schedule to mirror length of lease? Use the category VENDING EQUIPMENT to schedule this asset Use the O-6 for miscellaneous vending products Prints out a chemical analysis report

17. What function does this piece of equipment provide?

18. Does this help?

19. How about this?

20. Windshear Rolling-Road Wind Tunnel Simulates the road beneath a racecar providing precise aerodynamic data feedback Only 3 facilities in the world “Road” is a continuous stainless steel belt – one millimeter thick Wind turbine generates 180 mph air currents Transportation equipment on a B-12 or testing equipment on an R-8?

21. Watch this video! www.windshearinc.com

22. Dave’s Hair vs. Gregg’s Hair

23. Other types of new property coming into N.C.? Fracking Equipment Natural Gas Pipeline Drones Wind Power Equipment