DMB Realco LLC et al v. United States of America

  1. August 23, 2017

    US, Developer Settle $26M Tax Row Over Ariz. Land Easement

    The federal government and a residential and commercial builder have come to settlement terms in a lawsuit in Arizona federal court over the company's bid for a $26.4 million tax deduction for its preservation of about 182 acres in a Phoenix-area development, a Wednesday court filing shows.

  2. March 27, 2017

    Developer Defends 'Hyper-Technical Flaws' In $26M Easement

    A developer trying to assert a $26.4 million tax deduction against IRS opposition urged an Arizona federal judge Friday to recognize a retroactive tweak to its environmental conservation easement already approved by a state court, arguing property rights are governed by state law, not federal.

  3. February 27, 2017

    Retroactive Fix Can't Save $26.4M Easement Deduction: IRS

    The IRS asked an Arizona federal judge Friday to dismiss a developer's suit seeking a $26.4 million deduction for an environmental conservation easement, saying the agency isn't obligated to grant a retroactive deduction to an originally flawed transfer.

  4. May 25, 2016

    IRS Wrong To Deny $26.4M Tax Deduction, Builder Says

    A Scottsdale-based residential and commercial builder asked an Arizona federal court to restore a $26.4 million tax deduction thrown out by the Internal Revenue Service, saying that the figure is warranted by the company’s preservation of about 182 acres within a nearly 9,000-acre Phoenix-area development.