Skip navigation
Valuation of Real Estate Interests In Tiered Entities

Valuation of Real Estate Interests In Tiered Entities

Fundamental principles still apply regardless of structure.

The application of tiered discounts in the valuation of minority interests in closely held asset holding companies is often disputed by the Internal Revenue Service. When performing valuations for estate and gift tax purposes, business appraisers often encounter partnership structures that involve ownership of a noncontrolling ownership interest in other entities.1 For example, consider the valuation of a 25% percent minority interest in a partnership with a structure as shown in

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.