Rather, the respective tendering shareholders that otherwise would have received fractional interests
will be paid in cash the dollar amount (rounded to the nearest whole cent), after deducting any required withholding taxes, on a pro rata basis, without interest, of such fractional interest
determined by the closing price of a share of NetScout common stock on NASDAQ on the last business day prior to the closing of the merger.
The Santa Barbara County Assessment Appeals Board (Appeals Board) determined the appraisal method used by the Assessor and recommended by the SBE was inconsistent with the statute, and prescribed the following formula for appraising the portion of the park subject to reassessment: fractional interest
bought multiplied by fair market value of the entire park equals the fair market value of the fractional interest
Company specializes in business valuations, intangible asset valuations, litigation support, fexpert testimony & fractional interest
discount analysis in real estate, business, limited liability companies and partnerships.
Application of a fractional interest
discount to value undivided fractional interests
in real property has long been a contested issue.
Trade Up 1031 has helped clients flex their investing muscle by combining the benefits of a like-kind exchange with oter real estate investing options, including Tenant in Common investment, which allow an investor to purchase an undivided fractional interest
in a single property.
Tenants-in-Common exchanges, characterized by a fractional interest
or co-ownership in real estate, have increased by 330 percent since the 2002 IRS ruling allowing the exchanges to be used in 1031 tax deferred exchanges.
No fractional shares will be issued in connection with the reverse stock split; for any fractional ownership, the company will issue one whole share for any fractional interest
18, 2013 /PRNewswire/ -- Business Valuation Resources, LLC(BVR) is pleased to announce The Advanced Workshop on Fractional Interest
Valuations, an exclusive, interactive web workshop on December 12, 2013, with expert appraiser Dennis Webb.
It created the opportunity for undivided fractional interest
in real estate and more importantly qualified TICs as like-kind properties eligible for use in 1031 tax-deferred exchanges.
2002-22 on whether an undivided fractional interest
in real property is an interest in a separate tax entity ineligible for tax-free exchange under Sec.
For joint interests created post-1976, the 1976 Tax Act generally replaced this consideration-furnished test with a fractional interest
rule for property held by spouses with survivorship rights.
Therefore, they should be deducted to calculate the net sale proceeds to the buyer of the fractional interest