Humpage v. Commissioner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that the sale price for a 98.99% interest in a partnership whose only meaningful asset was property on which an easement was granted shortly thereafter was representative of the “before” value of the property
• finding that the sale price for a 98.99% interest in a partnership, whose only meaningful asset was property on which an easement was granted shortly thereafter, was representative of the “before” value of the prop- erty
• considering the sale price of LLC membership interests relevant in the valuation of real estate held as the LLC’s primary asset
• describing an arm’s-length sale of property just 17 days before a conservation easement was placed on the property as an “overwhelmingly significant fact” in determining its before use value

Source: CourtListener parenthetical corpus (CC0).