Squier v. Commissioner

*1224OPINION.

Milliken:

Petitioner made extensive alterations, renovations and repairs in 1921 to the building which he purchased, the total of the expenditures for the purposes aforesaid being $71,693.27. A part of the sum so expended is claimed by petitioner as a deduction for ordinary and necessary business expenses in the year. Numerous bills for work done and paid for were received in evidence and an attempt made to allocate the money expended on a percentage of the building used for business purposes and that used as a residence. It is not possible to lay down a hard and fast rule for the…