Memorandum Findings of Fact and Opinion
HARRON, Judge:
The Commissioner determined a deficiency in income tax for 1947 in the amount of $1,812.37. The only issue for decision is whether the loss sustained upon the sale of residential property, together with furnishings, is a personal loss and nondeductible, or a loss incurred in a trade or business, or in a transaction entered into for profit and deductible under section 23(e), I. R. C. If it is determined...
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