Roberts v. Commissioner
United States Tax Court
Taxpayer (TP) was a fifty percent partner in a partnership (PS) which owned a medical office building. PS leased space in the building to various tenants including a hospital, doctors and dentists. When a new tenant leased space in the building from PS, PS would often incur an obligation to make improvements on the leasehold for the incoming tenant's benefit at its own expense.
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Taxpayer (TP) was a fifty percent partner in a partnership (PS) which owned a medical office building. PS leased space in the building to various tenants including a hospital, doctors and dentists. When a new tenant leased space in the building from PS, PS would often incur an obligation to make improvements on the leasehold for the incoming tenant's benefit at its own expense. In 1976 PS sold the building to a purchaser (P). At closing, P assumed the existing leases between PS and tenants of the medical office building. However, PS agreed that it would complete for P's benefit its existing…
1Opinion of the Court
WILLIAM E. ROBERTS AND AILEEN V. ROBERTS, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Roberts v. Commissioner
Docket No. 3258-79.
United States Tax Court
T.C. Memo 1983-143; 1983 Tax Ct. Memo LEXIS 638; 45 T.C.M. (CCH) 1012; T.C.M. (RIA) 83143;
March 21, 1983.
Taxpayer (TP) was a fifty percent partner in a partnership (PS) which owned a medical office building. PS leased space in the building to various tenants including a hospital, doctors and dentists. When a new tenant leased space in the building from PS, PS would often incur an obligation to make improvements on the leasehold…
2Cases cited8 opinions
- State Highway Commission v. Superbilt Manufacturing Co.Oregon Supreme Court · 1955
- Marnon v. Vaughan Motor Co., Inc.Oregon Supreme Court · 1947
- Abbott v. BOB'S U-DRIVEOregon Supreme Court · 1960
- Monaghan v. CommissionerUnited States Tax Court · 1963
- Hudspeth v. Eastern Oregon Land Co.Oregon Supreme Court · 1967
3 more not listed; retrieve them via the Exa API.