Davison v. United States

GREEN, Judge.

Since the commencement of this action, the plaintiff has died and his executors have been substituted as the parties plaintiff but the word'“plaintiff” as used in the findings and in this opinion means the original plaintiff in the case.

The issue in this ease is whether in computing the income taxes of the plaintiff for 1919 an allowance should be made for depreciation on improved real estate sold by him.

The property was a lot in the city of New York with an apartment building thereon. Plaintiff purchased it in December, 1896, for $311,724. The parties agree that its fair value…