Delbert L. and Margaret J. Baker v. Commissioner

122 T.C. No. 8

UNITED STATES TAX COURT DELBERT L. AND MARGARET J. BAKER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 448-02. Filed February 19, 2004. Ps and AFVW executed a residence agreement entitling Ps to lifetime residence at VW. VW provides four different levels of accommodations. During the years in issue, Ps resided in an independent living accommodation which provides the lowest level of care and resembles a regular residence that can be found in any nonretirement living community. Ps paid monthly service fees of $2,170 and $2,254 for 1997 and 1998,…