BROWN v. COMMISSIONER

Docket Nos. 33867, 33868, 33869, 34079.

20 T.C. 73 (1953)

SAM S. BROWN, PETITIONER, ET AL. v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 14, 1953.


Attorney(s) appearing for the Case

David B. Buerger, Esq., and Alexander Black, Jr., Esq., for the petitioners.

John J. Hopkins, Esq., for the respondent.


The Commissioner determined deficiencies in income tax for 1946 as follows:

      Name                                   Amount

Sam S. Brown ---------------------------   $1,605.50
William S. and Elizabeth M. Brown ------      248.00
Nelle Wood Hay -------------------------      474.00
J. Homer and Jean B. McCready ----------    9,954.32

The only question for decision is whether an admitted loss from the sale of real estate located...

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