In another Arizona case, a couple established three businesses during the marriage, including a car rental business through the Turo platform. At divorce, the husband contested the valuation of one business at $305,800 and personal debts of $95,000, but the Arizona Court of Appeals upheld the trial court’s decision. The husband refused to provide payroll records and tax returns to the court-appointed expert tasked with valuing the first business, yet the expert still estimated its value at $305,800, a figure accepted by the court. The husband invoked the lack of tangible assets and claimed expert bias, but the court rejected these arguments, noting that a zero valuation would ignore commercial goodwill. Although the Turo business was jointly owned, the husband retained the profits and associated tax benefits, while the auto debt (negative equity) was split. For the second business, established through a mortgage, the husband relinquished it in favor of his wife. Additionally, the court refused to divide three personal loans ($80,000, $10,000, and $5,000) supported by unsupported documents, deeming them unproven. The decision, issued on October 30, 2026, is a memorandum opinion and is not precedential for other cases. [1]
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