{"id":73900,"date":"2025-09-19T11:11:00","date_gmt":"2025-09-19T05:41:00","guid":{"rendered":"https:\/\/www.5paisa.com\/finschool\/?p=73900"},"modified":"2025-09-24T21:46:01","modified_gmt":"2025-09-24T16:16:01","slug":"fair-market-value","status":"publish","type":"post","link":"https:\/\/www.5paisa.com\/finschool\/fair-market-value\/","title":{"rendered":"What Is Fair Market Value (FMV) : Meaning, Calculations and Practical Uses"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"73900\" class=\"elementor elementor-73900\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-180a7ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"180a7ab\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cac4104\" data-id=\"cac4104\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a64e838 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a64e838\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-832ec94\" data-id=\"832ec94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cc7d404 elementor-widget elementor-widget-text-editor\" data-id=\"cc7d404\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Fair Market Value is one term that consistently surfaces in\u00a0 financial planning, taxation, investment analysis, and asset management. Whether you&#8217;re evaluating the worth of a property, gifting shares, or preparing for an audit, understanding FMV is essential. But what is Fair Market Value, and why does it matter?<\/li><li>Fair Market Value meaning refers to the price at which an asset would sell in a competitive and open market. This assumes that both buyer and seller are acting in their best interests, are well-informed, and are not under any pressure to transact. Fair Market Value is not the highest possible price, nor is it the lowest bargain\u00a0\u00a0\u00a0 it\u2019s the most reasonable estimate of value based on current market conditions.<\/li><li>This concept is foundational in taxation, estate planning, insurance, and investment decisions. For example, when calculating capital gains tax, the difference between the sale price and the FMV of an asset determines your tax liability. Similarly, when gifting shares, the FMV of those shares is used to assess whether the gift exceeds tax-free thresholds.<\/li><li>In essence, it provides a standardized, objective benchmark for valuing assets. It ensures fairness, transparency, and consistency in financial transactions, making it indispensable for individuals, businesses, and regulatory authorities alike.<\/li><\/ul><h2><strong>FMV Meaning \/ What is Fair Market Value?<\/strong><\/h2><p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-74163 size-full\" src=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1.png\" alt=\"Fair Market Value\" width=\"1080\" height=\"1080\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1.png 1080w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-300x300.png 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-1024x1024.png 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-150x150.png 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-768x768.png 768w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-50x50.png 50w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-100x100.png 100w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2025\/08\/Fair-Market-Value-1-96x96.png 96w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p><ul><li>Let\u2019s delve deeper into its meaning. FMV\u00a0 represents the price an asset would fetch in the open market under normal conditions. It\u2019s not influenced by emotional attachment, urgency, or negotiation tactics. Instead, it reflects what a rational buyer would pay and a rational seller would accept.<\/li><li>To understand what is FMV, consider this scenario: You own a second-hand laptop that you want to sell. You research similar models online, check their condition, and find that most are listed for \u20b930,000. You\u2019re not desperate to sell, and buyers aren\u2019t rushing to buy. That \u20b930,000 becomes the Fair Market Value, it\u2019s the price that reflects the laptop\u2019s worth in the current market.<\/li><li>In financial contexts, FMV is used to value assets like stocks, bonds, real estate, and even intangible assets like intellectual property. For example, if you gift 100 shares of a company to a friend, the FMV of those shares on the date of transfer determines whether the gift is taxable. If the shares are listed and trade at \u20b9500 each, the FMV is \u20b950,000.<\/li><li>FMV also plays a critical role in legal and regulatory compliance. Tax authorities use FMV to assess whether transactions are conducted at arm\u2019s length. If you sell a property to a relative at a price significantly below FMV, it may trigger scrutiny or additional tax liabilities.<\/li><\/ul><h2><strong>How to Calculate FMV<\/strong><\/h2><p>Calculating FMV requires a structured approach, especially for assets that are not frequently traded. The method used depends on the nature of the asset, availability of market data, and regulatory guidelines. Here are the most common approaches:<\/p><h3><strong>Market Approach<\/strong><\/h3><p>This is the most straightforward method and involves comparing the asset to similar ones that have recently sold. It\u2019s widely used for real estate, vehicles, and publicly traded securities. For example You own a 2BHK flat. To determine its FMV, you look at recent sales of similar flats in the same locality, adjusting for size, amenities, and condition. If similar flats sold for \u20b980 lakhs, that becomes the FMV of your property.<\/p><p><strong>Example :<\/strong> Aakash owns a 2BHK apartment in\u00a0 Pune. He wants to sell it and needs to determine its FMV<\/p><p><strong>Steps:<\/strong><\/p><ul><li>He checks recent sales of similar 2BHK flats in the same building and nearby complexes.<\/li><li>Comparable flats (same size, floor, amenities) sold for \u20b985\u2013\u20b988 lakhs in the past two months.<\/li><li>His\u00a0 flat is slightly better maintained and has a modular kitchen.<\/li><\/ul><p><strong>FMV Estimate:<\/strong> Aakash sets the FMV at \u20b988 lakhs, aligning with market trends and property condition.<\/p><p><strong>Income Approach<\/strong><\/p><p>This method is used for income-generating assets like rental properties or businesses. It involves estimating the present value of future income streams. For example You own a commercial shop that earns \u20b91,00,000 per month in rent. If similar properties yield a 6% annual return, the FMV can be calculated using discounted cash flow techniques. This approach is common in business valuation and investment analysis.<\/p><p><strong>Example<\/strong>: Ravi owns a retail space in Indiranagar, Bengaluru, rented out for \u20b91,20,000\/month.<\/p><p><strong>Steps:<\/strong><\/p><ul><li>Annual rental income = \u20b91,20,000 \u00d7 12 = \u20b914,40,000<\/li><li>Market capitalization rate for similar properties = 7%<\/li><li>FMV = \u20b914,40,000 \u00f7 0.07 = \u20b92.06 crore<\/li><\/ul><p><strong>FMV Estimate:<\/strong> Using the income approach, Ravi\u2019s property is valued at approximately \u20b92.06 crore.<\/p><p><strong>Cost Approach<\/strong><\/p><p>This method estimates FMV based on the cost to replace or reproduce the asset, minus depreciation. It\u2019s used for specialized assets like machinery, equipment, or custom-built structures. For example You own a printing press machine. The cost to buy a new one is \u20b910 lakhs, but your machine is five years old and has depreciated by 40%. The FMV would be \u20b96 lakhs.<\/p><p><strong>Example\u00a0<\/strong><\/p><p>Suresh recently constructed a 3BHK bungalow in Nagpur and wants to determine its FMV for insurance and tax purposes. Since there are few comparable sales nearby, he uses the cost approach, which estimates FMV based on the cost to rebuild or replace the asset.<\/p><h3>Steps to Calculate FMV Using Cost Approach:<\/h3><h4>1. <strong>Estimate Construction Cost<\/strong><\/h4><ul><li>Building area: 2,000 sq ft<\/li><li>Construction cost per sq ft: \u20b92,500<\/li><li>Total construction cost = \u20b92,000 \u00d7 \u20b92,500 = \u20b950,00,000<\/li><\/ul><h4>2. <strong>Add Land Value<\/strong><\/h4><ul><li><p>Land purchased for \u20b930,00,000<\/p><\/li><\/ul><h4>3. <strong>Subtract Depreciation<\/strong><\/h4><ul><li>Building is 5 years old<\/li><li>Estimated depreciation: \u20b95,00,000<\/li><\/ul><h3>FMV Calculation:<\/h3><p><strong>FMV = (Construction Cost + Land Value) \u2013 Depreciation<\/strong> <strong>FMV <\/strong><\/p><p><strong>= <\/strong>\u20b950,00,000 + \u20b930,00,000 \u2013 \u20b95,00,000 = \u20b975,00,000<\/p><p>So, the FMV of Suresh\u2019s bungalow is \u20b975 lakh.<\/p><h2><strong>Professional Valuation<\/strong><\/h2><p>For complex or illiquid assets, professional valuers may be engaged to determine FMV. They use a combination of market data, financial analysis, and industry benchmarks.\u00a0 Since these shares aren\u2019t traded publicly, a valuation expert may use earnings multiples, book value, or discounted cash flows to estimate FMV.<\/p><p><strong>Applications &amp; Use Cases<\/strong><\/p><p>FMV is not just a theoretical concept\u00a0\u00a0\u00a0 it has practical applications across various domains. Understanding its use cases helps individuals and businesses make informed decisions.<\/p><p><strong>Taxation<\/strong><\/p><p>FMV is central to calculating capital gains, gift taxes, and estate duties. When you sell an asset, the difference between the sale price and its FMV determines your taxable gain. For example You sell a plot of land for \u20b950 lakhs. Its FMV is \u20b940 lakhs. The \u20b910 lakhs difference is considered capital gain and is subject to tax.<\/p><p><strong>Gifting and Inheritance<\/strong><\/p><p>When assets are gifted or inherited, FMV determines their value for tax reporting. If the FMV exceeds certain thresholds, the recipient may be liable for tax. For example You gift shares worth \u20b91.5 lakhs (FMV) to your sibling. Depending on tax laws, this may be exempt or taxable. Accurate FMV ensures compliance.<\/p><p><strong>Insurance Claims<\/strong><\/p><p>In case of damage or theft, FMV helps insurers determine the payout. It ensures that compensation reflects the asset\u2019s true market value. For example your insured car is stolen. The insurer uses FMV to calculate the claim amount, based on similar models and market conditions.<\/p><p><strong>Business Valuation<\/strong><\/p><p>Startups and established companies use it to assess their worth during funding rounds, mergers, or acquisitions. Investors rely on FMV to ensure fair pricing. For example a startup seeks funding and offers equity. Investors evaluate the FMV of the company based on revenue, growth potential, and market trends.<\/p><p><strong>Legal Disputes<\/strong><\/p><p>FMV is used in divorce settlements, partnership dissolutions, and shareholder disputes to ensure equitable asset division. In a divorce case, the FMV of jointly owned property is assessed to determine fair division between spouses.<\/p><h2><strong>FMV vs. Related Terms<\/strong><\/h2><p>FMV is often confused with other valuation terms. Understanding the differences helps clarify its unique role.<\/p><table><thead><tr><td><p><strong>Term<\/strong><\/p><\/td><td><p><strong>Definition<\/strong><\/p><\/td><td><p><strong>Key Difference from FMV<\/strong><\/p><\/td><\/tr><\/thead><tbody><tr><td><p><a href=\"https:\/\/www.5paisa.com\/finschool\/what-is-book-value-face-value-and-market-value\/\">Book Value<\/a><\/p><\/td><td><p>Value of an asset as per accounting records<\/p><\/td><td><p>May not reflect current market conditions<\/p><\/td><\/tr><tr><td><p>Market Value<\/p><\/td><td><p>Actual price at which an asset is sold<\/p><\/td><td><p>Can be influenced by urgency or negotiation<\/p><\/td><\/tr><tr><td><p>Appraised Value<\/p><\/td><td><p>Value estimated by a professional appraiser<\/p><\/td><td><p>May or may not align with FMV<\/p><\/td><\/tr><tr><td><p>Replacement Cost<\/p><\/td><td><p>Cost to replace an asset with a similar one<\/p><\/td><td><p>Doesn\u2019t account for depreciation or market demand<\/p><\/td><\/tr><tr><td><p>Net Asset Value (NAV)<\/p><\/td><td><p>Value of assets minus liabilities, often used for mutual funds<\/p><\/td><td><p>More accounting-based than market-driven<\/p><\/td><\/tr><\/tbody><\/table><p>FMV stands apart because it reflects a balanced, market-driven valuation under fair conditions. It\u2019s not influenced by accounting conventions or subjective estimates.<\/p><h2><strong>Examples\u00a0<\/strong><\/h2><ul><li><strong>Used Car Sale<\/strong>: You want to sell your 5-year-old sedan. After researching similar models, you find that most sell for \u20b94 lakhs. That\u2019s the FMV. If you sell it for \u20b93.5 lakhs, you\u2019ve sold below FMV\u00a0\u00a0\u00a0 perhaps due to urgency or negotiation.<\/li><li><strong>Gifting Shares<\/strong>: You gift 200 shares of a listed company to your child. On the date of transfer, the FMV is \u20b9600 per share. The total FMV is \u20b91.2 lakhs. This value is used for tax reporting and compliance.<\/li><li><strong>Real Estate Transaction<\/strong>: You inherit a flat in Pune. The FMV is determined by comparing recent sales in the area, adjusted for size and condition. This Fair Market Value is used to calculate potential capital gains if you sell it later.<\/li><li><strong>Startup Valuation<\/strong>: A tech startup seeks funding. Investors evaluate its Fair Market Value based on projected earnings, market potential, and comparable company valuations. This FMV determines the equity offered in exchange for investment.<\/li><\/ul><h2><strong>Conclusion<\/strong><\/h2><ul><li>FMV is more than just a valuation metric\u2014it is a cornerstone of financial transparency, regulatory compliance, and informed decision-making. Whether you&#8217;re an investor evaluating portfolio assets, a taxpayer preparing for capital gains reporting, or a business owner navigating mergers and acquisitions, FMV provides a standardized lens through which asset worth can be objectively assessed.<\/li><li>The importance of FMV lies in its ability to bridge theory and practice. It ensures that financial transactions are not only legally sound but also economically rational. For example, when gifting shares, Fair Market Value helps determine whether the transfer triggers tax implications. In real estate, Fair Market Value protects both buyers and sellers from undervaluation or overpricing. In business valuation, FMV becomes a critical input for negotiations, investor confidence, and strategic planning.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1f0046c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1f0046c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-80975ea\" data-id=\"80975ea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6acc2e7 elementor-widget elementor-widget-heading\" data-id=\"6acc2e7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ba4e6ea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ba4e6ea\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f2a1706\" data-id=\"f2a1706\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c6491b6 elementor-widget elementor-widget-accordion\" data-id=\"c6491b6\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2071\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2071\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Why is FMV used for in taxation? <\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2071\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2071\"><p>FMV is used to determine capital gains, gift tax liabilities, and estate duties. It ensures that tax is levied on the true market value of assets<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2072\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2072\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\"> FMV is used to determine capital gains, gift tax liabilities, and estate duties. It ensures that tax is levied on the true market value of assets<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2072\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2072\"><p>FMV is used to determine capital gains, gift tax liabilities, and estate duties. It ensures that tax is levied on the true market value of assets<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2073\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2073\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is fair market value of shares in private companies? <\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2073\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2073\"><p>For unlisted shares, FMV is determined using valuation methods like discounted cash flow, book value, or independent appraisals.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2074\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2074\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Can FMV change over time? <\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2074\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2074\"><p>Yes, FMV is dynamic and reflects current market conditions. An asset\u2019s FMV today may differ significantly from its FMV a year ago.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fair Market Value is one term that consistently surfaces in\u00a0 financial planning, taxation, investment analysis, and asset management. Whether you&#8217;re evaluating the worth of a property, gifting shares, or preparing for an audit, understanding FMV is essential. But what is Fair Market Value, and why does it matter? Fair Market Value meaning refers to the &#8230; <a title=\"What Is Fair Market Value (FMV) : Meaning, Calculations and Practical Uses\" class=\"read-more\" href=\"https:\/\/www.5paisa.com\/finschool\/fair-market-value\/\" aria-label=\"Read more about What Is Fair Market Value (FMV) : Meaning, Calculations and Practical Uses\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":73904,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,78],"tags":[],"class_list":["post-73900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","category-learn-every-aspect-of-markets"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/posts\/73900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/comments?post=73900"}],"version-history":[{"count":86,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/posts\/73900\/revisions"}],"predecessor-version":[{"id":75089,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/posts\/73900\/revisions\/75089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/media\/73904"}],"wp:attachment":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/media?parent=73900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/categories?post=73900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/tags?post=73900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}