Osama A. Mowafi - Page 1
















                                 T.C. Memo. 2001-111                                  


                               UNITED STATES TAX COURT                                


                         OSAMA A. MOWAFI, Petitioner v.                               
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


          Docket No. 1663-00.                      Filed May 10, 2001.                


               Mark E. Kellogg, for petitioner.                                       
               Taylor Cortright, for respondent.                                      


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               LARO, Judge:  Petitioner petitioned the Court to redetermine           
          deficiencies of $36,441 and $35,962 in his 1994 and 1995 Federal            
          income tax.  We must decide whether petitioner is a real estate             
          professional under section 469(c)(7).  We hold he is not.  Unless           
          otherwise indicated, section references are to the Internal                 







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