22 a,b

As regards to real estate what does successful application of the "special use valuation" election mean? (Assuming all other requirements are met) a. that the property will be valued at highest and best use b. that the property can continue to be valued at its current use c. that the property will be valued at fair market value d. that the value will be whatever the appraiser sets the value e. that the property will be allowed to reduce the value due to a "blockage" discount What is called where the IRC demands that shareholders have substantially the same investment after the reorganization as they had before the reorganization. Usually this means that the shareholders receive an equity interest. (three words) Answer: As regards to real estate what does successful application of the "special use valuation" election mean? (Assuming all other requirements are met) a. that the property will be valued at highest and best use b. that the property can continue to be valued at its current use c. that the property will be valued at fair market value d. that the value will be whatever the appraiser sets the value e. that the property will be allowed to reduce the value due to a "blockage" discount What is called where the IRC demands that shareholders have substantially the same investment after the reorganization as they had before the reorganization. Usually this means that the shareholders receive an equity interest. (three words)