BYRAM v. COMMISSIONER

Docket No. 5663-73.

34 T.C.M. 626 (1975)

T.C. Memo. 1975-135

John D. Byram and Sally A. Byram v. Commissioner.

United States Tax Court.

Filed May 7, 1975.


Attorney(s) appearing for the Case

Harold A. Chamberlain, 1930 Two Shell Plaza, Houston, Tex., for the petitioners. Robert H. Jones, for the respondent.


Memorandum Findings of Fact and Opinion

WILES, Judge:

Respondent determined a deficiency in petitioners' income tax for the taxable year 1969 in the amount of $37,190.69. Several issues have been settled by the parties. The remaining issue is apportionment of the cost of an entire tract of real property among its several parts for purposes of determining gain realized on the sale of a portion of such property...

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