Divide and Conquer: The Valuation of Undivided Real Estate Interests for Tax Planning
Withum
JANUARY 8, 2025
This shared ownership offers unique tax advantages, particularly when it comes to transferring ownership. Tax Treatment: Typical Ownership vs. Undivided Interests When a single property is transferred to a single recipient on a fee simple basis, the entire value of the property is considered taxable. million to $2.4 Estate of Pearl I.
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