vargasteve
Junior Member
- Joined
- Jan 21, 2002
- Professional Status
- Certified Residential Appraiser
- State
- California
I know this is both a residential & commercial issue - in my case I'm a residential appraiser. BUT, those here will be more aware of this. I did post something similar in another thread but no helpful responses.
Appraisal Institute does have a course in which part of it covers discounting a partial ownership interest. However, they are not offering the class at this time. It's a dormant course.
I'm looking for a book or resource to help me determine in some cases with multiple heirs on residential real estate if / when discounting is worthy, and a resource to guide me in the process.
For example 10 residential properties worth X, with 4 heirs & equal shares. What is an individual share worth? I have a case like this with a $6.5 million porfolio value.
Any suggestions or resources?
Appraisal Institute does have a course in which part of it covers discounting a partial ownership interest. However, they are not offering the class at this time. It's a dormant course.
I'm looking for a book or resource to help me determine in some cases with multiple heirs on residential real estate if / when discounting is worthy, and a resource to guide me in the process.
For example 10 residential properties worth X, with 4 heirs & equal shares. What is an individual share worth? I have a case like this with a $6.5 million porfolio value.
Any suggestions or resources?