Table 2
Property Total value
of Subject
Petitioner: Quito Lafayette Parker Richard Properties
1. Estate tax return $2,750,000 $3,720,000 $1,115,000 $300,000 $7,885,000
2. Amended tax return 1,315,000 2,170,000 500,000 225,000 4,210,000
3. Petition 1,315,000 2,170,000 500,000 225,000 4,210,000
4. Expert--Atkinson 1,750,000 2,850,000 600,000 200,000 5,400,000
5. Experts--Kidder, Kirby– 2,800,000 940,000 -
to to
3,100,000 955,500 N/A
6. Briefs 1,750,000 2,850,000 1600,000 200,000 15,400,000
or or
940,000 5,740,000
Respondent:
7. Notice of deficiency 3,250,000 4,948,000 1,484,000 400,000 10,082,000
8. Expert--Hulberg 2,300,000 3,417,000 1,240,000 320,000 7,277,000
9. Expert--Hulberg (revised) 2,300,0003,960,000 1,460,000 320,000 8,040,000
10. Briefs 2,300,000 3,960,000 1,460,000 320,000 8,040,000
Court:
11. Ultimate findings of fact 2,200,0003,700,000 1,200,000 250,000 7,350,000
1 At three points in petitioner’s opening brief, petitioner contends that the Parker
Property was worth $940,000. At one of these points, petitioner shows the total for the
Subject Properties as $5,725,000. The latter amount is evidently an arithmetic error, the
sum of the individual amounts contended for at that point in petitioner’s brief being
$5,740,000. However, at one point in petitioner’s opening brief and at two points in
petitioner’s answering brief, petitioner contends that the Parker Property was worth
$600,000. The latter valuation for the Parker Property would bring petitioner’s total for
the Subject Properties down to $5,400,000.
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