Norman E. Duquette, Inc. - Page 13




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          to Texas and petitioner’s address be the address of the Dallas              
          apartment, effective January 1, 1992.  The board also resolved:             
               The rental expense for the Corporation offices in                      
               Dallas, Texas shall not exceed $1,500.00 per month.                    
               The actual rental shall be the association maintenance                 
               fees charged by the Claridge Association to the                        
               residents of 3510 Turtle Creek Blvd.  All additional                   
               charges including the acquisition of the unit, property                
               taxes, insurance, and telephone expense shall be borne                 
               personally by Norman E. Duquette and shall not be                      
               charged to the Corporation.                                            
          Norman prepared a document headed “COMPUTATION OF FAIR RENTAL[,]            
          OFFICE AT 3510 TURTLE CREEK BLVD.[,] DALLAS, TEXAS” (the                    
          computation document).  Among the entries on the computation                
          document is the following:                                                  
               1.  Square Footage Proration                                           
                    a.  Business Use              625 square feet                     
                    b.  Total Square Footage      2,500 square feet                   
                    c.  Percentage Business       25 percent                          
          The computation document also has entries entitled “Annual                  
          Expenses”, “Prorated Expenses”, “Unique Business Expenses”, and             
          “Total Business Expenses”.  The amount shown as “Total Business             
          Expenses” is $12,919.29.  The computation document states:  “The            
          corporation will pay the association fees of $11,477.16 as fair             
          rental for the office in home.  This is less than the $12,919.29            
          calculated * * * [as “Total Business Expenses”].”                           
               The parties have stipulated that the $7,540 deducted by                
          petitioner as rent for space in the Dallas apartment (the Dallas            
          apartment amount) represents condominium fees with respect to the           







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Last modified: May 25, 2011