John Charles Treadaway, Sr. - Page 4




                                        - 4 -                                         
          not able to participate actively in the horse-training activities           
          during the years at issue.                                                  
               Penelope Treadaway, who has been riding horses since she was           
          four years old, was involved in the horse-training activities at            
          least throughout the years at issue.  During 1995, Penelope                 
          Treadaway gave horseback riding lessons to approximately four or            
          five people.  After Ms. Treadaway died in June 1995, Penelope               
          Treadaway continued to operate the horse-training activities and            
          also started a full-time job in construction.                               
               On May 5, 1994, Ms. Treadaway sold to Grapevine 7, Inc.,               
          certain real property that she owned which was located in Brenda,           
          Arizona (Brenda real property).  Ms. Treadaway received $3,000 at           
          the closing of that sale.                                                   
               Petitioner owned about 10 acres of real property in Tonapah,           
          Arizona (Tonapah property), on which a house was situated.                  
          Petitioner did not rent that house or property, nor was that                
          property used for any of the horse-training activities.                     
               During the years at issue, petitioner and Ms. Treadaway                
          received the following Social Security benefits:                            

                                        1994                  1995                    
          Petitioner                   $8,641                $8,880                   
          Ms. Treadaway                4,320                 2,220                    
               Sometime after Ms. Treadaway died, petitioner remarried and            
          moved from petitioner’s residence to a house located at 3138                






Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  Next

Last modified: May 25, 2011