In pass-through entities, the valuation community has perhaps its oldest, least resolved, and, some would say, most poorly defined set of challenges. Despite academic studies, exhaustive professional thought, and judicial opinion, there is still a lack of consensus in this critical area of business appraisal. Yet, in the face of these challenges, new work continues to push for a solution to the conundrum of pass-through entities. In The Pass-Through Premium: A New Perspective on an Old Issue, appraiser Eric Barr presents new thinking on pass-through entity valuation and how the appraisal community can best overcome the long-standing barriers to consensus.