Campbell v. United States
District Court, N.D. Texas
1Opinion of the Court
OPINION
WILLIAM M. TAYLOR, Jr., District Judge.
I. INTRODUCTION
Plaintiff, William E. Campbell, is in the real estate business. He is the sole owner of a corporation that brokers real estate. He also brokers real estate individually. Plaintiff is also the sole owner of various parcels of real estate. Lastly, he is a partner in several real estate joint ventures.
In taxable years 1976 and 1977, Mr. Campbell had losses in his individual real estate dealings that amounted to $58,445.14 and $96,845.69, respectively.
In those years, he had losses of $278,-641.83 and $252,588.15 as his distributive…
2Cases cited4 opinions
- Vallone v. ValloneTexas Supreme Court · 1982
- Joseph A. & Dorothy D. Moller v. The United StatesCourt of Appeals for the Federal Circuit · 1983
- Stewart v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1938
- A. L. Wasson and Wife, Mattie Pallmeyer Wasson v. United StatesCourt of Appeals for the Fifth Circuit · 1958
3Cited by1 opinion
- William E. Campbell and Gwendolyn J. Campbell, Cross v. United States of America, Cross-AppellantCourt of Appeals for the Fifth Circuit · 1987