- 6 -
Form 1040, U.S. Individual Income Tax Return, for 1998 (1998
return).
The Rivercliff property is in the protected Columbia River
Gorge National Scenic Area. Any development plan for the
Rivercliff property is subject to land use review by the Columbia
Gorge Commission, which comprises representatives from cities and
counties on both sides of the Columbia River. The Talmages could
not place improvements on the Rivercliff property until they
satisfied the land use rules, received the approval of Multnomah
County, and obtained building permits from the city of Gresham,
Oregon. A “watchdog” group called Friends of the Columbia Gorge
also participated in the review process.
At the date of purchase, the Rivercliff property was zoned
for a single-family dwelling. The improvements on the property
included a small modular home, the original farm dwelling (being
used as a storage building), a barn with outbuildings, a kennel
building with multiple dog runs, a gazebo, and a garden shed.
In 1998, the Talmages engaged the services of Philip McCurdy
(Mr. McCurdy), a Portland architect, and began working on plans
to raze the existing modular home and build their dream home,
renovate the original farm dwelling, build a traditional Japanese
tea house, install a three-horse stable, install farm pasture
3(...continued)
Although NCPL is registered in the British Virgin Islands, its
offices are in Hong Kong.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: March 27, 2008