CHABOT, Judge:
Respondent determined a deficiency in Federal individual income tax against petitioners for 1977 in the amount of $177,238. After concessions by petitioners, the issues for decision are as follows:
(1) Whether petitioners properly reported the gain realized from the sale of 3 four-plex apartment buildings as long-term capital gain; and
(2) Whether a 25-percent distributive share of the income of a partnership is taxable to petitioner...
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