Legal Opinion
Mr. Martin Borchert and Mrs. Rosemary Borchert, Dr. James F. Kyser and Mrs. Patricia A. Kyser and Mr. Fred Selz and Mrs. Miriam Selz v. United States
Court of Appeals for the Eighth Circuit
Decided March 19, 1985No. 84-1241PublishedCited by 5 opinions
1Opinion of the Court
HEANEY, Circuit Judge.
Martin Borchert, James F. Kyser, Fred Selz, and their spouses appeal from an order of the district court 1 granting summary judgment in favor of the United States. For reversal, the appellants contend that the district court erred in disallowing deductions for certain alleged interest payments. For the reasons discussed below, we affirm.
In 1970, the appellants organized a partnership to construct and operate the Watergate Apartments in Little Rock, Arkansas. To finance construction, the partnership obtained a loan from Modern American Mortgage Corporation (Modern…
2Cases cited3 opinions
- Lloyd W. Golder, Jr. And Esther Golder v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1979
- Wilkerson v. CommissionerCourt of Appeals for the Ninth Circuit · 1981
- Louise BOUTA, Appellant, v. the AMERICAN FEDERATION OF STATE, COUNTY & MUNICIPAL EMPLOYEES, AppelleesCourt of Appeals for the Eighth Circuit · 1984
3Cited by5 opinions
- Harvey Jacobson and Marcia Jacobson v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1990
- Burrill v. CommissionerUnited States Tax Court · 1989
- Scallen v. CommissionerUnited States Tax Court · 1987
- Munroe v. CommissionerUnited States Tax Court · 1991
- Burrill v. CommissionerUnited States Tax Court · 1989