Dakotah Hills Offices Limited Partnership, An Arizona Limited Partnership, William M. and Dianne B. Stephens, Tax Matters Partner, et al. - Page 2

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                    Docket Nos. 18955-93, 18956-93,    Filed April 6, 1998.           
                              18962-93, 18963-93,                                     
                              18965-93, 18990-93,                                     
                              18992-93, 18993-93,                                     
                              19067-93.                                               


          William M. and Dianne B. Stephens, pro sese.2                               
          James E. Archie, for respondent.                                            

                                 MEMORANDUM OPINION                                   
               HAMBLEN, Judge:  Respondent issued a notice of final                   
          partnership administrative adjustments (FPAA) to each partnership           
          involved in these cases.  The proposed adjustments determined by            
          respondent in each case for the 1989 taxable year are as follows:           
                    Partnership                        Adjustment                     
               Dakotah Hills Offices Ltd. Partnership  $385,519                       
               Pavilion II Ltd. Partnership            432,084                        
               Copper Crest I Ltd. Partnership         181,371                        
               Dakotah Hills Retail Ltd. Partnership   972,812                        
               Club Carmel Ltd. Partnership            234,902                        
               Pio Decimo II Ltd. Partnership     2,685,926                           
               Ina Thornydale Ltd. Partnership         480,813                        
               Ironwood Manufacturing Ltd. Partnership 918,765                        
               Vail Commerce Center Ltd. Partnership   417,156                        

          After concessions, the principal issue for decision is whether              
          petitioners recognized income pursuant to a section 752(b) deemed           
          distribution.3                                                              


               2On Jan. 30, 1996, this Court granted George Tomas Rhodus'             
          petition to withdraw as counsel for petitioners.                            
               3All section references are to the Internal Revenue Code in            
          effect for the year at issue, and all Rule references are to the            
          Tax Court Rules of Practice and Procedure, unless otherwise                 
                                                             (continued...)           




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