Memorandum Opinion
STERNHAGEN, Judge:
The taxpayer assails a deficiency of $49,054.84 in income tax for 1941 determined by the Commissioner as a result of increasing the gain derived by the taxpayer in the sale of real property in December, 1941. The fair market value of the property on June 9, 1916, is the only question in the case. I. R. C., Sec. 113(a)(5).
John R. McLean died testate June 9, 1916, a resident of the District of Columbia. To the...
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