Does Your Partnership Entity Pass the Validity Test for Estate Tax Purposes?

By: Robert J. Strachota Selecting an ownership structure that fits your business needs and goals requires thoughtful consideration and professional know-how. There are advantages and disadvantages to each type of entity, and one size does not fit all. Before you settle on a partnership structure, discuss the estate tax ramifications with your planner. Keep in […]

How do Adverse Market Conditions Affect Lease Renewals? – By Laura Lamont

In general, one may associate adverse market conditions with high vacancy rates, declining rental rates, and tenant-friendly incentives. Landlords are offering prospective tenants free rent, increased tenant improvements, and at times, moving allowances. Despite an abundance of tenant perks, why do some leases, especially renewal leases, remain at previous market levels or actually increase? In […]

Residential Home Market Update

By: Kate A. Ostlund The single family home market has shown signs of improvement in the past several months and may be on its way to recovery from the economic slump. Historically, the luxury home market moves at a slower pace than the general single family market. It has seen prices decrease and sales slow […]

Relying on Non-Expert Witnesses Can Be Costly

By: Joshua Johnson Anderson v. Anderson – Minnesota Court of Appeals, A08-1365, October 10, 2009 Hennepin County District Court, File Number 27-FA-292333, November 20, 2007 In Anderson v. Anderson, (a marriage dissolution), the key issues were the extent of the Respondent’s, (Kurt Anderson) ownership interests in two privately-held companies and the value of his interests […]

Bob Strachota to Chair IBA’s Board of Governors

Bob Strachota has been elected Chair of the Institute of Business Appraisers (IBA) Board of Governors. As Chair of the Board of Governors, Bob Strachota will be responsible for participating in strategic planning, overseeing Board of Governor meetings and activities, and other Boards and Committees. IBA is very pleased that Bob has offered his strong […]

Valuing the Private Company in a Recession – By William C. Herber

Comparable data for private companies has changed dramatically over the last eight to ten years. In light of current economic conditions, the valuation professional must be aware of these changes and carefully consider the reliability of sales multiples and transaction data. Following is a short history of what has transpired from the private company perspective […]