Brown v. Commissioner
United States Tax Court
Deduction -- Loss -- Owner -- Estate or Beneficiaries -- Conversion of Real Property. -- Held, no conversion of real property was effected by will and residuary legatees may deduct loss on real property which they, joined by executor, sold.
1Opinion of the Court
Sam S. Brown, Petitioner, et al. 1 v. Commissioner of Internal Revenue, Respondent
Brown v. Commissioner
Docket Nos. 33867, 33868, 33869, 34079
United States Tax Court
20 T.C. 73; 1953 U.S. Tax Ct. LEXIS 195;
April 14, 1953, Promulgated
Decisions will be entered under Rule 50.
Deduction -- Loss -- Owner -- Estate or Beneficiaries -- Conversion of Real Property. -- Held, no conversion of real property was effected by will and residuary legatees may deduct loss on real property which they, joined by executor, sold.
David B. Buerger, Esq., and Alexander Black, Jr., Esq., for the petitioners.
John J.…
2Cases cited1 opinion
- Brown v. CommissionerUnited States Tax Court · 1953