Woodland Prop. Holdings v. Comm'r

1 Citing case

  1. Long Leaf Prop. Holdings v. Comm'r of Internal Revenue

    No. 11982-16 (U.S.T.C. Aug. 31, 2022)

    Accord Oakbrook, 119 T.C.M. (CCH) 1352; Woodland Prop. Holdings, LLC v. Commissioner, T.C. Memo. 2020-55, 119 T.C.M. (CCH) 1361. The deed limits the donee's share of future proceeds to a fixed date-of-gift value, rather than entitling it to a full proportionate share of the sale proceeds actually generated.