Do you value family limited partnerships (FLPs)? Do you know the proper application of pricing and rate of return data to derive a value using both the market approach and income approach? Do you know the best sources of empirical market data to use when valuing an FLP or other noncontrolling interest in a real estate-related entity, consistent with Rev. Ruling 59-60? Join this discussion on the practical application of the concepts discussed in Comprehensive Guide for the Valuation of Family Limited Partnerships. Spencer Jefferies, founder of Partnership Profiles Inc., will discuss transaction data on nonlisted REITs, LLCs and LPs that can be used to value a minority, nonmarketable interest in a real estate entity. Jim Park, a partner in the business valuation firm Munroe, Park & Johnson and co-author of Comprehensive Guide for the Valuation of Family Limited Partnerships, will utilize case studies to show how to apply these data when employing both the market and income approach to determine a value. Learn the pitfalls, court cases, and best practices for your next family limited partnership valuation.