Zinovy Brodsky - Page 87




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          Brodsky, Joseph Dubrovsky (Mr. Dubrovsky),7 and certain other               
          individuals invested in certain real properties, including a                
          property located at Camino Del Mar, San Francisco, California               
          (Camino property), and a property located at 287 Sanchez Street,            
          San Francisco, California.  On the dates shown below, petitioner            
          and Ms. Brodsky paid the following amounts by check to acquire              
          their interest in the Camino property:                                      
                          Date of Check        Amount of Check                        
                            5/12/87               $30,000                             
                            6/2/87                20,000                              
                            7/10/87               7,000                               
               On December 7, 1987, Mr. Dubrovsky and his wife, Bella                 
          Dubrovsky (Ms. Dubrovsky), transferred to petitioner and Ms.                
          Brodsky a 10-percent interest in the Camino property.  Around               
          March 3, 1989, the Camino property was sold or exchanged.                   
               Around June 6, 1988, petitioner deposited a $63,000 check              
          dated June 3, 1988, from Mr. Dubrovsky.                                     
               Sometime in February 1989, Mr. Dubrovsky and Ms. Dubrovsky             
          acquired the Sanchez Street property.  During at least the period           
          beginning sometime in 1991 and ending on the date of the sale of            
          the Sanchez Street property in 1993, petitioner and Ms. Brodsky             
          owned an interest in that property.  No credible evidence in the            
          record discloses the extent of that interest or how or when they            
          acquired that interest.  As owners of an interest in the Sanchez            

               7Mr. Dubrovsky’s first name also appears in the record as              
          “Josif” and “Josef”.                                                        





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