Houlette v. Commissioner
United States Tax Court
Petitioner, Richard T. Houlette, a career Coast Guard officer, purchased a home in Portland, Oreg., in 1954. In 1955, upon receiving notice that he would be ordered to a new station in Alaska, he made unsuccessful efforts to sell the house. Shortly before his departure he rented the house for 2 years in order that he might avoid incurring a loss on the sale. At his new duty station, petitioner extended the 2-year lease on the house for another year.
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Petitioner, Richard T. Houlette, a career Coast Guard officer, purchased a home in Portland, Oreg., in 1954. In 1955, upon receiving notice that he would be ordered to a new station in Alaska, he made unsuccessful efforts to sell the house. Shortly before his departure he rented the house for 2 years in order that he might avoid incurring a loss on the sale. At his new duty station, petitioner extended the 2-year lease on the house for another year. The Portland property was being managed for petitioner in his absence by a real estate firm in that city. Petitioner continued to rent the…
1Opinion of the Court
Richard T. Houlette and Virginia E. Houlette, Petitioners v. Commissioner of Internal Revenue, Respondent
Houlette v. Commissioner
Docket No. 4795-63
United States Tax Court
48 T.C. 350; 1967 U.S. Tax Ct. LEXIS 88;
June 20, 1967, Filed
Decision will be entered under Rule 50.
Petitioner, Richard T. Houlette, a career Coast Guard officer, purchased a home in Portland, Oreg., in 1954. In 1955, upon receiving notice that he would be ordered to a new station in Alaska, he made unsuccessful efforts to sell the house. Shortly before his departure he rented the house for 2 years in order that he might avoid…
2Cases cited6 opinions
- Stolk v. CommissionerUnited States Tax Court · 1963
- Bayley v. CommissionerUnited States Tax Court · 1960
- Shaeffer v. GilbertCourt of Appeals of Maryland · 1890
- Trisko v. CommissionerUnited States Tax Court · 1957
- Houlette v. CommissionerUnited States Tax Court · 1967
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