Poison Creek Ranches #1, Ltd., Poison Creek Ranches #2, Ltd., Poison Creek Ranches #3, Ltd., Poison Creek Ranches #4, Ltd., Walter J. Hoyt, III, Tax Matters Partner, et al. - Page 29

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          taxable years at issue.  Respondent's objection is sustained.               
               The only evidence in the record that any cattle were                   
          repossessed is petitioner's own general testimony that cattle               
          were repossessed.  Even if we believed that the cattle were                 
          repossessed by Ranches, the repossession occurred after the                 
          taxable years in issue and is not relevant to these cases.                  
               To reflect the foregoing,                                              

                                    An appropriate order and decision                 
          will be entered in each case.                                               

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