Wheeler v. Commissioner
United States Tax Court
Petitioners were ordered by the Department of Building and Safety in August of 1973 to vacate rental apartments by Cot. 1, 1973, and make designated repairs within 3 months or demolish the buildings. Petitioners obtained an extension of time and finally demolished the buildings in December of 1974. Held, petitioners are not entitled to either an abandonment or retirement loss deduction for 1973.
1Opinion of the Court
ELVIN K. and JACQUELINE H. WHEELER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Wheeler v. Commissioner
Docket No. 7424-76.
United States Tax Court
T.C. Memo 1979-333; 1979 Tax Ct. Memo LEXIS 191; 38 T.C.M. (CCH) 1287; T.C.M. (RIA) 79333;
August 23, 1979, Filed
Petitioners were ordered by the Department of Building and Safety in August of 1973 to vacate rental apartments by Cot. 1, 1973, and make designated repairs within 3 months or demolish the buildings. Petitioners obtained an extension of time and finally demolished the buildings in December of 1974. Held, petitioners are not…
2Cases cited7 opinions
- Coors Porcelain Co. v. CommissionerUnited States Tax Court · 1969
- Coors Porcelain Company v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1970
- J. G. Boswell Co. v. CommissionerUnited States Tax Court · 1960
- J. G. Boswell Company and J. G. Boswell Company (Successor by Merger to Tulare Lake Land Company) v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1962
- Dezendorf v. CommissionerCourt of Appeals for the Fifth Circuit · 1963
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