- 3 - (5) whether in 1990 petitioner realized capital gain of $20,244 from the repossession of an apartment complex called Lone Tree Manor. We hold that he did; (6) whether petitioner had unreported income in 1990 of $6,000 from the payment of a settlement judgment by Taxman, $310 from the payment to petitioner’s attorney by Taxman, $2,147 from a repayment of a loan by Taxman, and $3,000 in cash taken from Taxman. We hold that he did; (7) whether petitioner had unreported income in 1991 of $509 (the value of a stereo transferred from Taxman to petitioner’s girlfriend), $2,052 from a check issued to petitioner by Taxman, $2,086 from Taxman’s payment for petitioner’s furniture, and $3,000 in cash taken from Taxman. We hold that petitioner had unreported income of $2,052 from a check issued to petitioner by Taxman, $2,086 from Taxman’s payment for petitioner’s furniture, and $3,000 in cash taken from Taxman; (8) whether petitioner had unreported income in 1992 of $1,904 from Taxman’s payment for petitioner’s furniture, $15,000 from Taxman’s payment of petitioner’s income taxes, $3,000 in cash taken from Taxman, and $10,931 from a certificate of deposit (CD) in the name of Western Realty Partners, L.P. (WRP). We hold that petitioner had unreported income of $3,000 in cash taken from Taxman and $10,931 from a CD in the name of WRP;Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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