Gabriel M. Daya, et al. - Page 4




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          C. Daya (Laila), and petitioners' younger brother, Mayar Daya               
          (Mayar).  Before moving to the United States, Mahmoud, together             
          with his identical twin brother, Fuad Daya (Fuad), purchased a              
          single family residence located at 913 Laguna Circle, Foster City,          
          California (Foster City residence).                                         
               Fuad, who immigrated to the United States in 1953, had                 
          arranged for the purchase of the Foster City residence so that his          
          brother’s family would have a place to live when they arrived in            
          the United States.  In addition to money contributed by both                
          Mahmoud and Fuad, the acquisition of the Foster City residence was          
          financed with a loan secured by a mortgage in Mahmoud and Fuad’s            
          names from the Bank of America.  Title to the Foster City                   
          residence was conveyed by a grant deed executed on April 18, 1983,          
          and recorded on April 25, 1983, to:                                         
               Mahmoud G. Daya, a married man, as his sole and                        
               separate property                                                      
               Fuad G. Daya, a married man, as his sole and separate                  
               property                                                               
               The Mahmoud Daya family, including both petitioners, resided           
          at the Foster City residence from the time of their arrival in the          
          United States in 1983 through December 31, 1996.  By November 21,           
          1989, Gabriel, Morhaf, Mahmoud, and Laila had all become citizens           
          of the United States.                                                       
               Petitioners did not hold legal title to the Foster City                
          residence at anytime during 1995.  On or about March 20, 1996, a            
          “gift deed” was executed evidencing the transfer of legal title to          






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