Valuing Fractional Interests in a Vacation Home: A Conversation With Eric Nath

Business Valuation UpdateVol. 16 No. 9
September 2010


On May 10, 2010, Judge Halpern of the U.S. Tax Court decided on Ludwick v. Commissioner (T.C. Memo 2010-104), a case that involved a 50% undivided interest in a vacation home on Hawaii’s Big Island. The application of valuation discounts to undivided half ...