Memorandum Findings of Fact and Opinion
TIETJENS, Judge:
The Commissioner determined deficiencies in income taxes in the amounts of $33,899.56 and $1,573.02 for the years 1954 and 1955, respectively. The issues are: (1) whether the gain realized on the sale of a building in 1954 should be treated as capital gain or ordinary income; (2) whether petitioner is entitled to a deduction for loan premium amortization for 1954 and 1955, and whether petitioner is...
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