Michael H. Johnson and Patricia E. Johnson - Page 21

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          gain on the disposition of 23d Street property, petitioners are             
          not liable for the 1992 deficiency.  As there is no deficiency,             
          we have no jurisdiction over this addition.  See sec. 6665(b);              
          Meyer v. Commissioner, 97 T.C. 555, 562 (1991).                             
               In reaching all of our holdings herein, we have considered             
          all arguments made by the parties, and to the extent not                    
          mentioned above, we find them to be irrelevant or without merit.            
               To reflect the foregoing,                                              
                                                  Decision will be entered            
                                             for petitioners.                         

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