For several years, the rules governing the cash rental of land to a family-owned entity for purposes of 15-year installment payment of federal estate tax,¹ the family-owned business deduction² and special use valuation³ have been developed and refined with distinctive differences among the three provisions for which guidance is often sought. A private letter ruling, released in May of 2005, has addressed the availability of the three provisions in the context of a unique fact situation⁴ and, in the process, has introduced some confusion into the fairly clear guidance in existence.