DRENNEN, Judge:
Respondent determined a deficiency in petitioners' income tax for the calendar year 1953 in the amount of $4,922.90. The issues are whether petitioners are entitled to a deduction for a loss sustained by virtue of the voluntary demolition of a building owned by them in the year 1953, and if such loss is deductible, the amount thereof.
FINDINGS OF FACT.
Some of the facts have been stipulated and are incorporated herein by this...
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