TROUT RANCH, LLC v. COMMISSIONER (Trout Ranch II)

United States Court of Appeals, Tenth Circuit, No. 11-9006, August 16, 2012: Upholds Tax Court’s value of conservation easement & use of evidence.

In the Tax Court case (Trout Ranch I, T.C. Memo. 2010-283; No. 14374-08, December 27, 2010. http://preservationlawdigest.com/2010/12/30/trout-ranch-llc-v-commissioner/), the taxpayer argued that only the comparable sales appraisal method could be used because data on sales [...]

Rothman v. Commissioner (reconsideration; Rothman II)

US Tax Court, T.C. Memo. 2012-218, July 31, 2012: On reconsideration, appraisal still not “qualified” due to deficient information, despite 2nd Circuit Court of Appeals Scheidelman II decision.

This Tax Court Memo decision is a reconsideration of Rothman v. Commissioner, T.C. Memo. 2012-163 (Rothman I), following the U.S. Court of Appeals Second Circuit’s decision in Scheidelman v. [...]