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MARGOLIS v. C. I. R.

Nos. 18499, 18500.

337 F.2d 1001 (1964)

B. B. MARGOLIS and Iris M. Margolis, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Ninth Circuit.

Rehearing Denied November 30, 1964.

Attorney(s) appearing for the Case

Harrison Harkins, Parker, Milliken, Kohlmeier, Clark & O'Hara, Los Angeles, Cal., for petitioners.

Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, David O. Walter, Carolyn R. Just, Dept. of Justice, Washington, D. C., for respondent.

Before BARNES, MERRILL and DUNIWAY, Circuit Judges.

Rehearing Denied November 30, 1964. See 339 F.2d 537.

MERRILL, Circuit Judge.

These proceedings present for review the decision of the Tax Court, determining income tax deficiencies for the taxable years 1955-1958.

During those years, taxpayer,1 a resident of San Diego, California, was actively engaged in the business of buying and selling real property. His petition presents in a variety...

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