ESTATE OF ISAACSON v. C.I.R.

No. 104, Docket 88-4062.

860 F.2d 55 (1988)

ESTATE OF Melvin W. ISAACSON, Deceased, Miriam A. Isaacson, Executrix, and Miriam A. Isaacson, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Second Circuit.

Decided October 24, 1988.


Attorney(s) appearing for the Case

Paul Windels, Jr., New York City (John Y. Taggart, Windels, Marx, Davies & Ives, New York City, on the brief), for petitioners-appellants.

Jonathan S. Cohen, Tax Div., Dept. of Justice, Washington, D.C. (William S. Rose, Jr., Asst. Atty. Gen., Gary R. Allen, Michael J. Roach, Tax Div., Dept. of Justice, Washington, D.C., on the brief), for respondent-appellee.

Before KAUFMAN, NEWMAN and KEARSE, Circuit Judges.


PER CURIAM:

This appeal from a decision of the United States Tax Court (Mary Ann Cohen, Judge) challenges the disallowance of distributive shares of losses claimed by taxpayers who purchased limited partnership interests in a real estate tax shelter venture. The appeal is brought by Miriam A. Isaacson, acting both for herself and as administratrix of her husband's estate. The Commissioner of Internal Revenue determined a deficiency for the taxable year ending December...

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