- 29 -
adjustment required. The final adjustment to Schedule E
will be submitted under Rule 155."
The aggregate partnership losses disallowed in 1988,
according to the notices of deficiency, $29,448, is
$8,596.26 more than the above amount disallowed according
to respondent's post-trial brief. Respondent's post-trial
brief states this discrepancy is:
due to a computational error. Respondent con-
cedes the difference between the Notice amount
and this amount, subject only to a further
correction due to the section 469 computational
adjustment. (See the previous note.)
The Schedules K-1, Partner's Share of Income, Credits,
Deductions, etc., issued to petitioner by the subject
partnerships for 1987 state the following:
1987 Tax Year
Beginning DistributiveOther Contributed WithdrawalsEnding
Capital Share OrdinaryIncome Capitaland Capital
Partnership AccountIncome (Loss)(Loss) for Year DistributionsAccount
Speed Line($32,602.00) ($4,806.00)($1,553.00) ---- ($38,961.00)
Investment1
Oakbrook III, (369,191.00) (77,242.00) -- -- -- (446,433.00)
Ltd.2
Dondi Presi- (38,049.00) (16,785.00) -- -- -- (54,834.00)
dents' Part-
nership II
1626 NY
Associates,
Ltd. Partner-
ship2 (81,453.56) (58,064.00)-- $26,259.00 --(112,988.56)
Bear Creek(14,320.00) (12,070.00)(4,450.00) 2,044.00 ($28,796.00)--
West Rental
Properties
Haywood Lane(10,649.00) (20,205.00)(24.00) -- (30,878.00) --
Joint Venture2
Murfreesboro
Road Joint(9,800.00) (18,029.00)(25.00) -- (27,854.00) --
Venture1 2
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