Legal Opinion
Benjamin Raphan and Myrna Raphan v. The United States
Court of Appeals for the Federal Circuit
Decided April 4, 1985No. Appeal 84-783PublishedCited by 34 opinions
1Opinion of the Court
KASHIWA, Circuit Judge.
Appeal from a judgment of the United States Claims Court, 3 Cl.Ct. 457 (1984), holding that: (1) James Buchanan Corporation (JBC) was the agent of Buchanan Apartment Associates (Associates) and Benjamin and Myrna Raphan (Raphan) as partners of Associates are entitled to the tax benefit of losses for 1970 and 1971, and (2) no general partner of Associates had personal liability under a construction loan and therefore each of the partners, including the Raphans as limited partners, is entitled to include the debt on that loan in the tax basis of their partnership…
2Cases cited17 opinions
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- United States v. PaynerSupreme Court of the United States · 1980
- United States v. Sells Engineering, Inc.Supreme Court of the United States · 1983
- David W. Heisig v. The United StatesCourt of Appeals for the Federal Circuit · 1983
- National Carbide Corp. v. CommissionerSupreme Court of the United States · 1949
12 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- Abramson v. CommissionerUnited States Tax Court · 1986
- Levy v. CommissionerUnited States Tax Court · 1988
- Melvin v. CommissionerUnited States Tax Court · 1987
- Smith v. CommissionerUnited States Tax Court · 1985
- Follender v. CommissionerUnited States Tax Court · 1987
29 more not listed; retrieve them via the Exa API.