Memorandum Findings of Fact and Opinion
KÖRNER, Judge:
Respondent determined deficiencies in petitioners' Federal income tax for their taxable years 1973 and 1974 in the amounts of $316,677 and $21,999, respectively. After concessions, the issues are: (1) Whether the consideration petitioners received for contiguous properties referred to herein as the Serdar Property and Wadsworth Farm included a prepayment penalty, so as to preclude installment sales...
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.
