RONEY, Circuit Judge:
This appeal involves an issue of tax law which has, apparently, reached the courts on only one previous occasion. We are called upon to decide whether 26 U.S.C.A. § 167(h) permits an estate in administration to take a depreciation deduction on real property when the estate distributed the income generated by that property to income beneficiaries of the trust that will eventually hold the property. The Government allocated a pro rata share...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
