T.C. Memo. 2006-193 UNITED STATES TAX COURT KAI H. and SUSANNA LEE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent ULYSSES K. and JANE LEE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. 16601-04, 16602-04. Filed September 11, 2006. Roger Adams, for petitioners. John D. Faucher, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION HOLMES, Judge: In 1999 and 2000, Ulysses Lee was a full- time employee of the IRS; his brother, Kai, worked as a doctor and professor and ran several other businesses. One of these businesses was Lee Brothers Investments, a real estate investmentPage: 1 2 3 4 5 6 7 8 9 10 11 Next
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