Alexander v. Commissioner
United States Tax Court
Amounts received by petitioners under a lease-option agreement held not to constitute rentals, but were receipts under a contract for sale of property.
1Opinion of the Court
Franklin Leon Alexander et al. 1 v. Commissioner.
Alexander v. Commissioner
Docket Nos. 57321, 57322, 61025, 61026.
United States Tax Court
T.C. Memo 1958-43; 1958 Tax Ct. Memo LEXIS 186; 17 T.C.M. (CCH) 221; T.C.M. (RIA) 58043;
March 19, 1958
Amounts received by petitioners under a lease-option agreement held not to constitute rentals, but were receipts under a contract for sale of property.
Sylvan Tobolowsky, Esq., Southwestern Life Building, Dallas, Tex., for the petitioners. Roy E. Graham, Esq., for the respondent.
ATKINS
Memorandum Findings of Fact and Opinion
ATKINS, Judge: These proceedings…
2Cases cited5 opinions
- Haggard v. CommissionerUnited States Tax Court · 1955
- Mills v. CommissionerUnited States Tax Court · 1948
- Bowen v. CommissionerUnited States Tax Court · 1949
- Beus v. CommissionerUnited States Tax Court · 1957
- Taft v. CommissionerUnited States Board of Tax Appeals · 1933