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Canta other 2,488.30
unknown commissions 14,621.84
Petitioner husband had real estate commissions of $91,752,
refunds of $404, and other income of $7,180 in 1988. Petitioners
reported income of $15,480 from petitioner husband's real estate
activities for 1988.
d. 1989
Petitioner husband deposited his real estate commissions in
the bank accounts of Canta, Premiere, and Homeowners. He
routinely transferred funds between the Canta and Premiere
corporate accounts and the Canta and Homeowners noncorporate
accounts in 1989. Petitioner husband routinely used funds from
the Canta and Premiere corporate accounts to pay petitioners'
personal living expenses.
Petitioner husband deposited $23,425 of Soldi's commission
checks from various title companies in accounts which he
controlled. Soldi had not recorded those payments on its books.
Petitioner husband deposited the following amounts in 1989:
Account Type of Income Amount
Canta commissions $30,285.624
Canta other 150.00
Premiere commissions 25,989.495
4 This includes $12,508 of Soldi's funds petitioner husband
deposited in Canta's Manufacturers account.
5 This includes $3,929.49 of Soldi's funds petitioner
husband deposited in the Premiere account.
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