Memorandum Opinion
DAWSON, Chief Judge:
Respondent determined a deficiency of $54,982.74 in petitioners' Federal income tax for the taxable year 1976. After concessions by the parties, the issues for decision are (1) whether petitioners properly shortened the useful lives of certain properties because of alleged obsolescence, thereby increasing their depreciation deduction; and, if so, (2) whether this deduction must be offset by the salvage value, if any...
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