Rovakat, LLC v. Comm'r

ROVAKAT, LLC, A PARTNERSHIP, SHANT S. HOVNANIAN, TAX MATTERS PARTNER, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Rovakat, LLC v. Comm'r

Docket No. 3251-09

United States Tax Court

T.C. Memo 2011-225; 2011 Tax Ct. Memo LEXIS 221; 102 T.C.M. (CCH) 264;

September 20, 2011, Filed

Decision will be entered under Rule 155.

William R. Rankin, for petitioner.

Laurie A. Nasky and Justin D. Scheid, for respondent.

LARO, Judge.

LARO

MEMORANDUM FINDINGS OF FACT AND OPINION

LARO, Judge: This case is a partnership-level proceeding subject to the unified audit and litigation procedures of the Tax Equity…