Marcus Wayne and Judity Caroline Ramsey - Page 11

                                        -11-                                          
               Petitioners determined that 9.53 percent of the Mission Viejo          
          and Poway residences was used for business purposes in 1989.                
               During the year in issue, petitioners owned at least 4 cars:           
          A 1987 Suzuki Samurai, a 1987 Cadillac Fleetwood, a 1987 Ford               
          Aerostar, and a 1984 Dodge Colt.  Petitioner claims he used the             
          Cadillac 82 percent of the time for business and that the other             
          automobiles were used for personal use.  Petitioners also owned a           
          1987 Nomad Travel Trailer (a recreational vehicle).  The travel             
          trailer was stored at the Laguna Hills Golf Range and was not used          
          for business purposes.                                                      
               Pursuant to petitioner’s employment agreement with Westech,            
          Westech was required to provide petitioner with either a $250,000           
          life insurance policy or to reimburse him for the cost of keeping           
          an existing policy in force.  Westech was also required to                  
          reimburse petitioner for his employee business expenses,4 including         
          office supplies, telephone, dues, travel and entertainment, and             
          automobile expenses of $1,000 per month.  Arrowhead also reimbursed         
          petitioner for his employee business expenses.                              








               4    Westech reimbursed petitioner for at least $4,266.41 of           
          the business expenses he incurred in 1989.                                  






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Last modified: May 25, 2011