1. Home
  2. Browse Decisions
  3. Memo.
  4. T.C. Memo.
  5. T.C. Memo. 2014-83
 

OHANA v. COMMISSIONER OF INTERNAL REVENUE

Docket Nos. 16014-11, 25896-11.

T.C. Memo. 2014-83

ISSACHAR OHANA AND RACHEL OHANA, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Tax Court.

Filed May 8, 2014.

Attorney(s) appearing for the Case

Martin Aaron Shainbaum and Bryant W.H. Smith , for petitioners.

Jon D. Feldhammer , Thomas R. Thomas , Patricia A. Donahue , and Trent D. Usitalo , for respondent.

MEMORANDUM FINDINGS OF FACT AND OPINION

HOLMES, Judge.

Issachar and Rachel Ohana moved from Israel to Northern California in 2003. Soon after, they bought two houses and from 2007 through 2009 poured money into them. They claim deductions for the cost of these improvements, and argue that they were in the trade or business of real-estate development, without ever having bought or sold any real estate during the years before us. They did own the two properties...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases