Friday, August 27, 2010

Whitehouse Valuation Case Remanded

The Fifth Circuit Court of Appeals just remanded Whitehouse to the Tax Court. The case involves the valuation of a facade easement and one of the interesting issues in the case is the determination of highest and best use. See Whitehouse Hotel Limited Partnership v. Commissioner, Case No. 09-60085 (5th Cir., 8/10/10).

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