Davis v. Commissioner
2 B.T.A. 359, 1925 BTA LEXIS 2445
Procedural entryThis page is a short order in Davis v. Commissioner. Read the opinion of the Court — 6 B.T.A. 1267 →
Opinion
[360]*360OPINION.
We think that the contention of the taxpayer is correct in that there would be no realized gain in the repossession of the property by the taxpayer until such time as the property might be disposed of. Appeal of Manomet Cranberry Co., 1 B. T. A. 706.
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Davis v. Commissioner, 2 B.T.A. 359, 1925 BTA LEXIS 2445 (bta 1925).
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Related
Appeal of Davis
2 B.T.A. 359 (Board of Tax Appeals, 1925)