James O. Jondahl - Page 3

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               (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;                       







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