Appeal of Gerson A. BUSH (77-1631), Plaintiff.
Mathis R. BUSH and Beatrice S. Bush (77-1632), Plaintiffs-Appellants,
v.
COMMISSIONER OF INTERNAL REVENUE, Defendant-Appellee.
United States Court of Appeals, Sixth Circuit.https://leagle.com/images/logo.png
December 5, 1979.
December 5, 1979.
Attorney(s) appearing for the Case
Perry Shields, Shields, Rainwater & Dutton, Knoxville, Tenn., for plaintiffs-appellants in both cases.
M. Carr Ferguson, Asst. Atty. Gen., Gilbert E. Andrews, Tax Division, U. S. Dept. of Justice, Washington, D. C., Stuart E. Seigel, Chief Counsel, Internal Revenue Service, Washington, D. C., Joan I. Oppenheimer, Washington, D. C., for defendant-appellee in both cases.
Robert A. Bernstein, Washington, D. C., for defendant-appellee in 77-1631.
Before CELEBREZZE, BROWN and JONES, Circuit Judges.
United States Court of Appeals, Sixth Circuit.
ORDER
In this appeal, taxpayers seek reversal of a decision by the Tax Court (T.C. Memo. 1977-75) to the effect that a sale of parcels of real property in Knoxville by them resulted in ordinary income rather than capital gain. More specifically, the Tax Court ruled that, while taxpayers had at one time held this property as rental property, prior to their sale of the property they held the property for sale and that, as a result...
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.
Listed below are the cases that are cited in this Featured Case. Click the citation to see the full
text of the cited case. Citations are also linked in the body of the Featured Case.
Cited Cases
No Cases Found
Listed below are those cases in which this Featured Case is cited. Click on the case name to see the
full text of the citing case.
