John Wadsworth - Page 11

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               execute in favor of seller a first trust deed and note                 
               as his interest appears in the total amount of $48,000,                
               payable $608.04 or more per month including 9% interest                
               until paid.                                                            
               By letter dated October 31, 1986, Stello Real Estate                   
          informed petitioner and Charlotte that a buyer for the property             
          had been found and that the buyer's offer should be accepted.               
          Petitioner and Charlotte authorized Stello Real Estate to sell              
          their interest in the property by a note dated November 3, 1986.            
          In that note, petitioner instructed Stello Real Estate to change            
          its records to show that he and Charlotte would henceforth do               
          business as C and C Liberty Enterprises (C and C).  Petitioner              
          informed Stello Real Estate that C and C's Federal I.D. number              
          was 52-1370927.  The property was sold, and this is one of the              
          transactions from which Services collected interest income which            
          it distributed to petitioner.                                               
               Ms. Stello testified that when Services first establishes an           
          account for a client, Services sends a thank you note to the                
          client and encloses an amortization schedule and a request for              
          the client's Social Security number.  Ms. Stello did not receive            
          a Social Security number from petitioner.                                   
               In 1990, Ms. Stello sent a letter to petitioner informing              
          him that she had sent him four requests for his Social Security             
          number and had received no response to each of her letters.  In             
          response to her 1990 letter, Ms. Stello received a telephone call           
          from petitioner during which he informed Ms. Stello that he would           





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