I understand that the current real estate is under-assessed and that the taxes will increase if we declare a higher property value, but this might be necessary.Can anyone give input on how to accurately determine the business value versus the property value.

Jacob is looking for a way to solve this where he doesn't take a major financial hit, but also where this doesn't end in (let's just be honest) tons of court fees and fighting.Michael wants scorched earth and a 40% pay out which is a no go for Jacob.   

He appealed and the higher Courts ruled against him.

I was notified by the courts that one owner was deceased.

Does the landlord have to be present in court to testify?

In the State of Connecticut, the court does not guarantee title until you close on the property.

What my accountant did is, she declared most of these as Capital Expenditures, then she turned around and depreciated them in one year per the 2017 tax cuts and jobs act.  

If the bank sells the property to a third party after the court house sale for a lesser price.

Your lease is likely have your name on it anyways.If they are going to sue you and you go to court, I can just imagine seeing the "victim tenant" telling the judge how you misrepresented yourself to them.You will be surprised when tenants find out you are the owner.

Take it up with the Department of Justice and the Federal District Court of Western Missouri.