In reaching its conclusion to deny the deduction, the Tax Court held that the transfer of the home was not the transfer of an undivided interest in the property.

FORBES: Patel v. Commissioner: Gift of a Partial Interest

Once the fire department destroyed the home, Gale posited, the Patels retained no substantial interest in the home, and thus would have transferred an undivided interest in the property.

FORBES: Patel v. Commissioner: Gift of a Partial Interest

The ETF represents a fractional, undivided beneficial ownership interest in the SPDR Gold Trust.

FORBES: 5 Gold ETFs For A Greek Tragedy