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total amounts of $83,216 and $89,197 for 1999 and 2000,
respectively, with respect to the tax adjustments relating to the
three trusts, the gain on the sale of petitioners’ residence, and
the donation of the van.
FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
At the time the petition was filed, petitioners resided in
Gilroy, California.
Petitioners’ Residence
In 1972, petitioners purchased for $45,000 a residence
located in San Jose, California. In 2000, petitioners sold the
residence for $790,000.
Set forth in the schedule below is a list of various
categories of improvements that petitioners claim they made on
their residence prior to its sale in 2000, the total improvement
costs petitioners claim they incurred in each category, and the
improvement costs relating to each category that respondent has
allowed.
Costs
Petitioners Respondent
Category of Improvement Claim Has Allowed
Residence $ 28,000 $28,000
Swimming pool 38,515 6,245
Second story addition 60,000 16,665
Interior remodeling 114,500 1,022
Exterior 43,191 3,527
Alarm 1,864 825
Total $286,070 $56,284
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