Legal Opinion
Braunstein v. Commissioner
Court of Appeals for the Second Circuit
Decided July 6, 1962No. Nos. 256-258, Docket 27146-27148PublishedCited by 17 opinions
1Opinion of the Court
LUMBARD, Chief Judge.
The taxpayers,1 who had previously been active in constructing homes and apartment buildings, formed two corporations in 1948 for the purpose of building apartment houses in a development, called Oakland Gardens in Bayside, Queens County, New York, to be financed under § 608 of the National Housing Act.2 The Federal Housing Administration (FHA) guaranteed mortgage loans, to the two corporations which then built, the proposed projects. Each corporation had an excess of mortgage loan funds, remaining after the costs of construction had been paid. In 1950, the year following…
2Cases cited16 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Hanover Bank v. CommissionerSupreme Court of the United States · 1962
- Arthur Glickman Herman Glickman and Ruth Glickman and Aaron Glickmand and Freda Glickman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1958
- R. A. Bryan and Ruby M. Bryan, C. B. McNairy and Rowena A. McNairy W. H. Weaver and Edith H. Weaver v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1960
11 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Owens v. CommissionerUnited States Tax Court · 1975
- Boeing Airplane Co. v. PerryCourt of Appeals for the Tenth Circuit · 1963
- Sproul Realty Co. v. CommissionerUnited States Tax Court · 1962
- Tobias v. CommissionerUnited States Tax Court · 1963
- Commissioner of Internal Revenue v. Ralph J. Solow and Celia O. SolowCourt of Appeals for the Second Circuit · 1964
12 more not listed; retrieve them via the Exa API.