Market analysis is essential to real estate appraisal, and only an experienced, trained valuation professional can provide the type of in-depth study required to identify the supply and demand for a class of property in a specific market and assess the
marketability of a unique property in that market.
In some cases, discounts for minority interests and lack of
marketability can be 25% or more (for a recent example of a large family farming operation successfully claiming a 25% discount for lack of
marketability and a significant discount for lack of control, see Litchfield v Commissioner, TC Memo 2009-21).
Although the FitCh Circuit and the Tax Court (in a case in which it was overruled) have held otherwise, the clear consensus among the courts that have decided remaining lottery prize payment cases is that (1) the lack of
marketability of these payments has an effect on the value of the payments, (2) the Sec.
Controversial business valuation issues such as the discount for lack of
marketability applied to controlling interests and trapped-in capital gains in both C and S corporations are also discussed.
We argue that the wealth increase results from the increased
marketability of firm shares.
Lifestyle needs influence your
marketability more than you might think.
Your
marketability and earning potential will increase exponentially--at another company, if not with your current employer.
Because building a FC tunneling solution is predicated on having a FC network, including switches, FCP over IP and Native IP are potential orders of magnitude in
marketability of storage networking.
In the continuing quest for
marketability and profitability, operators face the challenges of keeping up with the hospitality model, where style evolves constantly and facelifts (involving primarily soft goods and color) come as frequently as every three years.
That is why cost-efficiency and
marketability are increasingly important factors influencing the purchase of nursing home bathing equipment.
The lack of this power and its effect on
marketability is the justification for the minority discount.
ANSI standards are voluntarily adhered to, but are thought to affect product
marketability, says Lynch.
