Wiener v. Weiss

MOORMAN, Circuit Judge.

Plaintiff in error was engaged in the business of holding property under long-term leases and subletting it for shorter terms for occupancy by or under subtenants. In his income tax returns for 1918, 1919, and 1920, he claimed allowances for exhaustion, wear, and tear of thirteen buildings held by him under 99 year leases, renewable forever. His claims were disallowed, and, after paying the taxes assessed, he brought these suits to recover the amounts which he was required to pay on account of the disallowances. The two causes were tried together in the court below upon…