Legal Opinion
Lester R. Ackerman and Wife, Edna Del Ackerman v. United States
Court of Appeals for the Fifth Circuit
Decided August 26, 1964No. 20511_1PublishedCited by 22 opinions
1Opinion of the Court
GEWIN, Circuit Judge.
This is an appeal from a judgment of the District Court for the Northern District of Texas that taxpayer 1 take nothing in his suit for refund. The years 1956-1959 inclusive are involved. Ack-erman v. United States (D.C.N.D.Tex. 1963) 215 F.Supp. 867. The essential question is whether the taxpayer was holding certain real property, the proceeds from the sale of which are here involved, “primarily for sale to customers in the ordinary course of his trade or business” pursuant to § 1221 of the Internal Revenue Code of 1954 2 This oft-litigated question is complicated by the…
2Cases cited12 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- Walter H. Kaltreider and Irene C. Kaltreider v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1958
- Raymond Bauschard v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1960
- Fritz Thompson and Dora M. Thompson v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1963
- Friend v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1952
7 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Biedenharn Realty Co. v. United StatesCourt of Appeals for the Fifth Circuit · 1976
- Estate of Freeland v. CommissionerCourt of Appeals for the Ninth Circuit · 1968
- National-Standard Company v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1984
- United States v. HessCourt of Appeals for the Tenth Circuit · 1965
- Nahey v. CommissionerUnited States Tax Court · 1998
17 more not listed; retrieve them via the Exa API.