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husband signed a quitclaim deed transferring Kiye Oglesby's and
Ki Chong Kim's interests in the Glenstone property to himself.
In October 1983, petitioner-husband paid the $70,000 that
was due on the Valley Road property with seven cashier's checks,
six of which were in amounts less than $10,000.
5. Petitioners' Other Use of Cash To Buy Property
In 1981, petitioners bought Suil Peacock a house in Colorado
for $67,320 in cash.
In January 1983, petitioners paid $45,002 in cash to buy a
motor home. Petitioners made payments on the Glenstone and
Valley Road properties with 20 cashier's checks totaling
$204,000. Of those checks, one was for $33,000, one was for
$18,000, and 18 were for $9,000 or less. Petitioner-husband
bought all of the cashier's checks at different banks on the same
day or the same bank on different days.
In the mid-1980's, petitioners bought property in Bremerton,
Washington, by assuming a mortgage and paying $15,000 in cash on
a second mortgage on the property.
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