Thoughts from the host and guests.
Valuing an Operating Business that Owns Real Estate
This issue has caused many a headache for lawyers, especially when the valuation is in a controversial setting. I recently addressed this issue with a lawyer heading into mediation. The issue was the value of an operating business that happened to also own the real estate out of which it operated. I sought to support…
The Valuation of Promissory Notes
26 CRF § 20.2031-4 states the following: “The fair market value of notes, secured or unsecured, is presumed to be the amount of unpaid principal, plus interest accrued to the date of death, unless the executor establishes that the value is lower or that the notes are worthless.” In other words, the burden is on you to…