HUNTER v. COMMISSIONER

Docket Nos. 27231, 27232.

10 T.C.M. 298 (1951)

Alexander H. Hunter v. Commissioner. Marjorie G. Hunter v. Commissioner.

United States Tax Court.

Entered March 26, 1951.


Attorney(s) appearing for the Case

Alexander H. Hunter, Esq., for the petitioners. Edwin P. Friedberg, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined deficiencies in income tax for 1945 and 1946 in the amounts of $2,044.85 and $2,136.70 in the case of Alexander and $735.14 and $758.23 in the case of Marjorie. The issues are whether the petitioners sustained a loss in 1945 from the sale of property which they had formerly occupied as a residence but which they converted into rental property in 1940; whether they sustained a loss in 1946 as a result...

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