Further improved system and methods for computing to support decomposing property into separately valued components

• US 20020046144A1
• Filed: 02/16/2001
• Published: 04/18/2002
• Est. Priority Date: 10/28/1992
• Status: Active Grant

• Current Assignee: Graff/Ross Holdings LLP
• Original Assignee: Graff/Ross Holdings LLP
• Inventors: Graff, Richard A.
• Granted Patent: US 7,107,239 B2
• Time in Patent Office: Days
• US Class Current: 705/36
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: G06Q 40/10 Tax strategies
• CPC Class Codes: G06Q 40/123 Tax preparation or submission
• CPC Class Codes: Y02P 90/90 Financial instruments for climate change mitigation, e.g. environmental taxes, subsidies or financing

Abstract

A computer system, and methods for making and using it, for manipulating digital electrical signals to produce an illustration of a decomposition of property into separately valued components. The computer system includes a digital electrical computer controlled by a processor. There is a first logic means controlling the processor in manipulating digital electrical signals representing input data to the computer, the input data characterizing at least two components decomposed from the property, the manipulating including transforming the digital electrical signals into modified digital electrical signals representing respective values for each of the components, the values being computed to reflect taxation for the components. Input means is coupled to the computer and operable for converting the input data into the digital electrical signals and communicating the digital electrical signals to the computer. Output means is coupled to receive the modified digital electrical signals from the computer and to converting the modified digital electrical signals representing the respective values into an illustration of the computed respective prices. The property can be real estate or tax-exempt securities.

Claims

1. A method for making financial analysis output having a computed market-based valuation for property, the financial analysis output being made by steps including:

controlling a digital electrical computer processor to manipulate electrical signals in generating a market-based valuation for the property, wherein the property is from a group consisting of a tax-exempt security and a portfolio of tax-exempt securities, the market-based valuation reflecting at least one from a group consisting of expected return under a performance scenario, a price, and a quantitative description of risk, as part of a financial analysis output;

electronically communicating at least some of the financial analysis output as input to a second digital electrical computer having a second programmed processor, the second digital electrical computer storing the at least some of the financial analysis output in memory accessible to the second programmed processor;

generating a second market-based valuation reflecting computation of a current market-based yield/discount rate for the property with the second digital electrical computer; and

generating a second financial analysis output, including the second market-based valuation, at an output means electrically connected to said second digital electrical computer.

15. The method of claim 1, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

29. The method of claim 1, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

43. The method of claim 1, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

2. A method for making financial analysis output including a computed market-based valuation for property, the method including the steps of:

controlling a digital electrical computer processor to manipulate electrical signals in generating a market-based valuation for the property, not including any securities, the market-based valuation reflecting at least one from a group consisting of expected return under a performance scenario, a price, and a quantitative description of risk, as part of a financial analysis output;

electronically communicating at least some of the financial analysis output as input to a second digital electrical computer having a programmed processor, the second digital electrical computer storing the at least some of the financial analysis output in memory accessible to the programmed processor corresponding to the second digital electrical computer;

generating a second market-based valuation for the property with the second digital electrical computer; and

generating a second financial analysis output, including the second market-based valuation, at an output device electrically connected to said second digital electrical computer.

16. The method of claim 2, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

30. The method of claim 2, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

44. The method of claim 2, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

3. A method for making financial analysis output having a computed market-based valuation for property, the financial analysis output being made by steps including:

controlling a digital electrical computer processor to manipulate electrical signals in generating a market-based valuation for the property, wherein the property is from a group consisting of a fixed-income asset and a portfolio of fixed-income assets, the market-based valuation reflecting at least one from a group consisting of expected return under a performance scenario, a price, and a quantitative description of risk, as part of a financial analysis output;

electronically communicating at least some of the financial analysis output as input to a second digital electrical computer having a second programmed processor, the second digital electrical computer storing the at least some of the financial analysis output in memory accessible to the second programmed processor;

generating a second market-based valuation reflecting computation of a current market-based yield/discount rate for the property with the second digital electrical computer; and

generating a second financial analysis output, including the second market-based valuation, at an output means electrically connected to said second digital electrical computer.

4. The method of claim 3, wherein the step of controlling is carried out with corporate debt as at least one of said fixed-income assets.

5. The method of claim 3, wherein the step of controlling is carried out with a security for debt as at least one of said fixed-income assets.

6. The method of claim 5, wherein the step of controlling is carried out with corporate debt as the debt.

7. The method of claim 3, wherein the step of controlling is carried out with a Treasury security as at least one of said fixed-income assets.

8. The method of claim 3, wherein the step of controlling is carried out with a tax-exempt security as at least one of said fixed-income assets.

17. The method of claim 3, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

18. The method of claim 4, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

19. The method of claim 5, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

20. The method of claim 6, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

21. The method of claim 7, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

22. The method of claim 8, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

31. The method of claim 3, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

32. The method of claim 4, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

33. The method of claim 5, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

34. The method of claim 6, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

35. The method of claim 7, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

36. The method of claim 8, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

45. The method of claim 3, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

46. The method of claim 4, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

47. The method of claim 5, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

48. The method of claim 6, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

49. The method of claim 7, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

50. The method of claim 8, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

9. A method for making financial analysis output having a computed market-based valuation for property, the financial analysis output being made by steps including:

controlling a digital electrical computer processor to manipulate electrical signals in generating a market-based valuation for the property wherein the property is a fixed-income asset, the market-based valuation reflecting at least one from a group consisting of expected return under a performance scenario, a price, and a quantitative description of risk, as part of a financial analysis output;

electronically communicating at least some of the financial analysis output as input to a second digital electrical computer having a second programmed processor, the second digital electrical computer storing the at least some of the financial analysis output in memory accessible to the second programmed processor;

generating a second market-based valuation reflecting computation of a current market-based yield/discount rate for the property with the second digital electrical computer; and

generating a second financial analysis output, including the second market-based valuation, at an output means electrically connected to said second digital electrical computer.

10. The method of claim 9, wherein the step of controlling is carried out with a corporate debt as the fixed-income asset.

11. The method of claim 9, wherein the step of controlling is carried out with a security for debt as the fixed-income asset.

12. The method of claim 11, wherein the step of controlling is carried out with corporate debt as the debt.

13. The method of claim 9, wherein the step of controlling is carried out with a Treasury security as the fixed-income asset.

14. The method of claim 9, wherein the step of controlling is carried out with a tax-exempt security as the fixed-income asset.

23. The method of claim 9, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

24. The method of claim 10, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

25. The method of claim 11, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

26. The method of claim 12, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

27. The method of claim 13, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

28. The method of claim 14, wherein the step of controlling is carried out with the expected return under a performance scenario as part of the first financial analysis output.

37. The method of claim 9, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

38. The method of claim 10, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

39. The method of claim 11, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

40. The method of claim 12, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

41. The method of claim 13, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

42. The method of claim 14, wherein the step of controlling is carried out with the price as part of the first financial analysis output.

51. The method of claim 9, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

52. The method of claim 10, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

53. The method of claim 11, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

54. The method of claim 12, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

55. The method of claim 13, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

56. The method of claim 14, wherein the step of controlling is carried out with the quantitative description of risk as part of the first financial analysis output.

59. The method of claim 58, wherein the step of converting is carried out with a corporate debt as the fixed-income asset.

60. The method of claim 58, wherein the step of converting is carried out with a security for debt as the fixed-income asset.

61. The method of claim 60, wherein the step of converting is carried out with corporate debt as the debt.

62. The method of claim 58, wherein the step of converting is carried out with a Treasury security as the fixed-income asset.

63. The method of claim 58, wherein the step of converting is carried out with a tax-exempt security as the fixed-income asset.

57. A method for making financial analysis output having a system-determined purchase price for property in consummating a sale, the financial analysis output being made by steps including:

converting input data representing the property, not including any securities, into input digital electrical signals representing the input data;

providing a digital electrical computer system controlled by a processor electrically connected to receive said input digital electrical signals and electrically connected to an output means;

controlling a digital electrical computer processor to manipulate electrical signals to compute a system-determined purchase price for the property in consummating a sale; and

generating the financial analysis output at said output means.

58. A method for making financial analysis output having a system-determined purchase price for property in consummating a sale, the financial analysis output being made by steps including:

converting input data representing the property, wherein the property includes a fixed-income asset, into input digital electrical signals representing the input data;

providing a digital electrical computer system controlled by a processor electrically connected to receive said input digital electrical signals and electrically connected to an output means;

controlling a digital electrical computer processor to manipulate electrical signals to compute a system-determined purchase price for the property in consummating a sale; and

generating the financial analysis output at said output means.