- 13 - Table 2 Customer Form 1099 Amounts Invoice Amounts Lemaire $4,929 $5,576 Southern Foods 14,396 14,396 R. L. Falcon 8,983 10,403 Junior League 684 684 A-Z Home 1,185 1,185 Vino Vino 1,790 1,790 Metro Bank 1,281 1,281 Sizeler 1,171 1,218 Bayona 1,941 3,438 Maurice’s 26,361 26,439 Totals: 62,721 66,410 E. Personal Finances 1. The Houses Michael did not own any realty before he married Sandra. On October 3, 1991, he bought a house for $65,000 on Newman Avenue (hereinafter sometimes referred to as the Newman property) in Metairie, Jefferson Parish. Michael’s uncle gave $7,000 to him for a downpayment; Michael financed the remainder through Sanderson at 12 percent interest. The monthly payment was $702.10. The act of sale for the Newman property states, in pertinent part, as follows: MICHAEL J. DOWNING, a person of the full age of majority and resident of the Parish of Jefferson,[6] State of Louisiana, 6 The parties do not deal with the question of when petitioners moved their legal residence from St. Tammany Parish to Jefferson Parish, except that they stipulate that “During * * * 1994 and 1995, petitioners were married and residing (continued...)Page: Previous 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Next
Last modified: May 25, 2011