Mr. Dunlap has performed nearly 1,000 date of death or gifting appraisals for over 250 attorneys and CPA’s with the vast majority occurring in the past 9 years. As a CPA and Real Estate Appraiser, he is one of a small group of individuals in California who can provide IRS acceptable appraisals of both real estate and businesses. Mr. Dunlap stays abreast of Tax Court decisions and is familiar with the requirements of Ludwick V. Commissioner which is being used more and more by the IRS to limit discounts. The IRS no longer accepts limited partnership discounts applied to tenants in common interests. Mr. Dunlap is aware of how partnership operating agreements can affect allowable discounts. Whether it is a TIC, a Family Limited Partnership, a Limited Liability Company or other entity, get it done right the first time by an experienced pro.
Trebia Valuation Group, LLC