- 9 - On the 1980 return, he deducted payments to someone other than Ann Van Tine for repairs, painting, and gardening at the 2255 Sepulveda Boulevard property, discussed below at paragraph G-2. G. The Joint Tenancy Properties 1. The 7 Diamonte Lane Property In 1963, decedent and Betty Van Tine bought land at 7 Diamonte Lane in Rancho Palos Verdes, California, which they kept in their names. In October 1963, decedent and his wife used this property as collateral for a $47,500 loan. They used the loan to build homes at 7 Diamonte Lane and on the adjacent lot. The Van Tine home at 7 Diamonte Lane had about 2,500-square feet, three bathrooms, and a three-car garage. The home had a panoramic view of the Pacific Ocean. Ann Van Tine lived at 7 Diamonte Lane until she moved to Big Bear, California, around 1979 or 1980. Decedent lived at 7 Diamonte Lane until he moved to Palm Desert, California, around 1989. Ann Van Tine continued to have important mail sent to 7 Diamonte Lane because the U.S. Postal Service did not deliver mail to her Big Bear cabin. On December 27, 1988, decedent signed a deed which gave Ann Van Tine a joint tenancy in the property at 7 Diamonte Lane. The deed creating Ann Van Tine's interest in the 7 Diamonte Lane property was recorded on February 22, 1989. 2(...continued) from contracting for 1981 to 1988.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011