- 8 - services; or the checks were payable in amounts petitioner normally charged for office visits--so he included these payments in the schedules. Respondent determined that petitioner underreported his gross receipts by the following amounts deposited, in the form of checks from patients and cash, into his three bank accounts: Petitioner's Year APSB Acct. #1 APSB Acct. #2 SPB Acct. Total 1988 $34,082 $415 $15,795 $50,292 1989 37,037 --- 21,934 58,971 1990 53,577 --- 13,911 67,488 Dr. Beauchamp's Real Estate Activity Ms. Choe was the owner of the following real property (Ms. Choe's properties): 15149 Mission Hills Road, Mission Hills, Cal. 14850 Ryan Street, Sylmar, Cal. 14708 and 14714 Chatsworth Street, Mission Hills, Cal. 14640 Brand Boulevard, Mission Hills, Cal. 11031 and 11038 Burnet Avenue, Mission Hills, Cal. 11065 Arleta Avenue, Mission Hills, Cal. Petitioner paid the mortgages on Ms. Choe's properties. Prior to 1988, petitioner entered into an oral agreement with Ms. Choe pertaining to real estate related activities. Under the agreement, petitioner supervised the improvement of Ms. Choe's properties (including the demolition of existing structures and the construction of two family residences).5 In 5 Petitioner was not a licensed contractor in the State of California, but he had a lifelong interest in "tinkering" with (continued...)Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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