Young v. Commissioner

Business Valuation UpdateVol. 4 No. 7
Legal and Court Case Update
July 1998
6531 Real Estate Agents and Managers
531311 Residential Property Managers
estate and gift taxation
discount for lack of marketability (DLOM), fractional interest

Estate of Young v. Commissioner
110 T.C. 297, 1998 U.S. Tax Ct. LEXIS 24
May 11, 1998
Federal Court
United States Tax Court


Respondent determined an estate tax deficiency of $154,545.

See Also

Estate of Young v. Commissioner

Issues were whether properties were joint or community property, whether a marketability or fractional interest discount was applicable.