The subject of a recent appraisal required me to form an opinion of the market value of the going concern of a business enterprise. As it turns out, the value of the business was significantly higher than the value of the underlying real estate asset. Most of the difference was attributable to intangible assets of the business enterprise (supplier … [Read more...]
Tax Consulting Appraisals
I once saved a man over a million dollars in - Cold. Hard. Cash. That's real money. So...how'd I do it? Here's the deal. The client inherited from his son's estate a number of inland hotels on the Mississippi Gulf Coast. The Internal Revenue Service asserted that the value of his motels was based on the market price of corporately owned … [Read more...]
The