Memorandum Findings of Fact and Opinion
NIMS, Judge:
Respondent determined a deficiency in petitioner's Federal income tax for the year 1973 in the amount of $73,039. The issue for decision is whether a $150,841 loss which petitioner sustained in a real estate transaction was an ordinary or capital loss.
Findings of Fact
Some of the facts have been stipulated. The stipulation and the attached exhibits are incorporated herein by reference...
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.
