Michael A. Conviser and Barbara L. Conviser - Page 5

          to reflect discharge of indebtedness income to the S corporation.           
          The parties agree that Nelson controls here.  Accordingly,                  
          petitioners may not increase their basis in Mikama by their share           
          of the Dove Canyon discharge of indebtedness income.                        
               To reflect the foregoing,                                              

                                                  Decision will be entered            
                                             under Rule 155.                          

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