Michael H. Visin and Natalie Marselly - Page 4

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               Petitioner’s Form 8829 for 1997 included the following                 
          entries:                                                                    
                    Area used regularly                                               
                    and exclusively for business   1700                               
                    Total area of home               11000                            
                    Business use percentage             70                            
                                                                                     
                    1Presumably, square feet                                          

          Petitioners used the foregoing percentage in claiming the                   
          Schedule C rent deduction of $10,305.27.                                    
               Petitioners’ Schedule C for 1998 included the following                
          entries:                                                                    
                    Gross income           $6,242.70                                  
                    Less: expenses                                                    
                    (excluding rent)    -4,243.63                                     
                         1,999.07                                                     
                    Less: rent            -10,642.58                                  
                    Net loss              ( 8,643.51)                                 

               Petitioner’s Form 8829 for 1998 included the following                 
          entries:                                                                    
                    Area of home used regularly                                       
                    and exclusively for business   1850                               
                    Total area of home               11150                            
                    Business use percentage             74                            
                                                                                     
                    1Presumably, square feet                                          

          Petitioners used the foregoing percentage in claiming the                   
          Schedule C rent deduction of $10,642.58.3                                   

               3  The record does not disclose the reason for the                     
                                                             (continued...)           





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