RERI Holdings I, LLC v. Commissioner (RERI I)

BVLaw
Full Text of Court Cases
July 3, 2017

Access the Full Article

This article and its downloads are available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (15,835 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6519 Lessors of Real Property, NEC
531190 Lessors of Other Real Estate Property
federal taxation
charitable contribution, discount rate, expert testimony, cash flow, discounted cash flow (DCF), fair market value (FMV), real estate, projections, real property, lease, gift, section 7520
RERI Holdings I, LLC v. Commissioner (RERI I)
2017 U.S. Tax Ct. LEXIS 33
US
Federal Court
Federal
United States Tax Court
James Myers (petitioner); Dr. Michael Cragg, Mel Abraham (respondent/IRS)
Halpern

Summary

Tax Court rules for IRS in disallowing deduction for charitable contribution involving remainder interest in leased property; requisite appraisal summary omits vital information, and court’s valuation formula shows donor made gross valuation misstatement.
RERI Holdings I, LLC v. Commissioner
PDF, Size: 236 KB

See Also

Tax Court Introduces Formula to Value Donated Remainder Interest

Court Case Digests
July 3, 2017

Tax Court rules for IRS in disallowing deduction for charitable contribution involving remainder interest in leased property; requisite appraisal summary omits vital information, and court’s valuation formula shows donor made gross valuation misstatement.