- 9 - and Ms. Dawson that consisted of remodeling its living room and the bedrooms of their two daughters. The remodeling included installation of hardwood floors and new draperies in all three rooms, removal of part of a wall, and the addition of a skylight to one bedroom and of a bay window to the other. On November 3, 1988, Don Lightfoot Home Builder, Inc., was paid $3,227 for the improvements by a check drawn on the joint checking account with Texaco P.A.W. Petitioner also signed a check payable to Beaumont Cobbs Carpet, Inc., in the amount of $1,065 to pay expenses for remodeling one of his daughter’s bedrooms. Petitioner was aware of the remodeling done at his home. During 1988, Ms. Dawson purchased beds for their daughters at a cost of $5,000, a red cherry dining room set at a cost of between $5,000 and $6,000, a 25-inch color television and set of oak entertainment cabinets, a crystal chandelier, a living room set, a number of sewing machines, two portable televisions with built-in video cassette recorders, and a camcorder. Petitioner was aware of the items Ms. Dawson purchased for their home during 1988. Also during 1988, a new Mercury Sable automobile was purchased that was financed with a loan to petitioner. Petitioner also purchased a 1987 Nissan pickup truck for $6,500 and paid for it with two checks he wrote on the joint checkingPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011