Whitehouse Hotel v Commissioner of Internal Revenue (Whitehouse II)

United States Court of Appeals, Fifth Circuit, No. 09-60085, August 10, 2010: Decides several issue about the deductibility and appraisal of a façade easement’s affect on the value of a building owned in common with the building being protected, vacating the Tax Court’s 2008 decision and remanding for further proceedings.

Taxpayer Whitehouse (“W”) owned the contiguous Maison [...]