Glenview Constr. Co. v. Commissioner

77 T.C. 422, 1981 U.S. Tax Ct. LEXIS 74
CourtUnited States Tax Court
DecidedAugust 19, 1981
DocketDocket Nos. 9584-79, 9585-79
StatusPublished
Cited by2 cases

This text of 77 T.C. 422 (Glenview Constr. Co. v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Glenview Constr. Co. v. Commissioner, 77 T.C. 422, 1981 U.S. Tax Ct. LEXIS 74 (tax 1981).

Opinion

Wiles, Judge:

In these consolidated cases, respondent determined the following deficiencies in petitioners’ Federal income taxes:

Petitioner Docket No. Taxable year Deficiency
Glenview Construction Co.9584-79 4/1/74 - 3/31/75 $13,149
4/1/75 - 3/31/76 19,253
Harry C. and Margaret
F. Elliott.9585-79 11/1/74-10/31/75 5,725

The sole issue for decision is whether certain mobile home park rental property constitutes "residential rental property” within the meaning of section lG?^)^).1

FINDINGS OF FACT

All of the facts have been stipulated and are found accordingly.

Petitioners Harry C. and Margaret F. Elliott, husband and wife, resided in Sacramento, Calif., when they filed their petition in this case. They filed a joint Federal income tax return for the taxable year ended October 31, 1975. Petitioner Glenview Construction Co. (hereinafter Glenview) is a California corporation. Its principal office was in Sacramento, Calif., when it filed its petition in this case. Glenview filed Federal corporate income tax returns for the taxable years ended March 31, 1975, and March 31,1976. Petitioners Harry C. and Margaret F. Elliott were the majority shareholders of Glen-view.

During their taxable year ended October 31, 1975, Mr. and Mrs. Elliott owned and operated a mobile home park known as the Creekside Mobile Home Park (hereinafter Creekside) in San Luis Obispo, Calif. They had acquired Creekside as newly constructed property in September 1971. Creekside contains 215 mobile home sites, each consisting of a concrete slab with electric, water, and sewer hookups. It also contains a recreation building, swimming pool, and therapy pool which were available for use by the tenants. The mobile home sites were rented to tenants who owned their own mobile homes for a monthly rental of from $75 to $90. Mr. and Mrs. Elliott did not rent any mobile homes to the tenants at Creekside.

During its taxable years ended March 31, 1975, and March 31, 1976, Glenview owned and operated a mobile home park known as the Sunrise Terrace Mobile Home Estate (hereinafter Sunrise) in Arroyo Grande, Calif. Sunrise was newly constructed property when Glenview acquired it in May 1974; Sunrise contains 300 mobile home sites, each consisting of a concrete slab with electric, water, and sewer hookups. It also contains a recreation building, swimming pool, therapy pool, and tennis courts which were available for use by the tenants. The mobile home sites were rented to tenants who owned their own mobile homes for a monthly rental ranging between $50 and $110. Glenview did not rent any mobile homes to the tenants at Sunrise.

On their return for the taxable year ended October 31,1975, Mr. and Mrs. Elliott claimed a depreciation deduction of $40,214 on the Creekside concrete slabs, using the 200-percent declining balance method over a 25-year useful life.2 On its returns for the taxable years ended March 31, 1975, and March 31, 1976, Glenview claimed depreciation deductions of $109,577 and $110,772, respectively, on the Sunrise concrete slabs, using the 200-percent declining balance method over a 25-year useful life. In the statutory notices of deficiencies, respondent determined that petitioners were not entitled to use the 200-percent declining balance method of depreciation on the concrete slabs because such property did not constitute residential rental property within the meaning of section 167(j}(2). Therefore, respondent redetermined the allowable depreciation on the concrete slabs under the 150-percent declining balance method.

OPINION

We must decide whether the concrete slabs that petitioners rented to the tenants of their respective mobile home parks constitute residential rental property within the meaning of section 167(j)(2).

Section 167(a) allows as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear of property used in the trade or business or held for the production of income. Section 167(b) sets forth the permissible methods of depreciation and specifically authorizes the declining balance method, using a rate not exceeding twice the straight line rate (200-percent declining balance method). With respect to section 1250 property,3 however, section 167(j)(l)4 provides that the methods permitted by subsection (b) shall not apply and limits the use of the declining balance method to a rate not exceeding 150 percent of the straight line rate. Section 167(j)(2),5 on the other hand, provides an exception to section 167(j)(l) for a "building or structure” which is "residential rental property,” thereby allowing the use of the 200-percent declining balance method with respect to such property.

Petitioners contend that the concrete slabs which they rented to the tenants of their mobile home parks constitute residential rental property under section 167(j)(2), thereby entitling them to depreciate such property under the 200-percent declining balance method. Respondent, on the other hand, maintains that the concrete slabs are not residential rental property within the meaning of section 167(j)(2), and therefore, pursuant to section 167(j)(l), petitioners must use the 150-percent declining balance method of depreciation. We agree with and hold for respondent.

Section 167(j)(2)(B), provides that "a building or structure shall be considered to be residential rental property for any taxable year only if 80 percent or more of the gross rental income from such building or structure for such year is rental income from dwelling units (within the meaning of subsection (k)(3)(C)).” Under section 167(k)(3)(C), the term "dwelling unit” is defined as "a house or an apartment used to provide living accommodations in a building or structure.” See also sec. 1.167(j) — 3(b)(l)(i), Income Tax Regs. Thus, under the clear language of the statute, petitioners’ concrete slabs do not qualify as residential rental property because no part of the rental income derived from their mobile home parks was attributable to dwelling units.6 Petitioners’ mobile home park tenants owned their own mobile homes and, in fact, provided their own living accommodations. The tenants did not rent any dwelling units from petitioners, but simply a place to put their mobile homes.

Nevertheless, petitioners argue that the concrete slabs should be considered residential rental property for purposes of section 167(j)(2) because the concrete slabs and the utility hookups which were provided therewith represented an integral element in the tenants’ use of their mobile homes as dwelling units. Furthermore, petitioners insist that the legislative history underlying the enactment of section 167(j) requires this property to be treated as residential rental property. Petitioners maintain that Congress allowed residential rental property to be depreciated under the 200-percent declining balance method in order to stimulate the construction of low- to moderate-income housing. Consequently, since mobile homes represent a form of low- to moderate-income housing,7

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Related

Glenview Const. Co. v. C. I. R
692 F.2d 763 (Ninth Circuit, 1982)
Glenview Constr. Co. v. Commissioner
77 T.C. 422 (U.S. Tax Court, 1981)

Cite This Page — Counsel Stack

Bluebook (online)
77 T.C. 422, 1981 U.S. Tax Ct. LEXIS 74, Counsel Stack Legal Research, https://law.counselstack.com/opinion/glenview-constr-co-v-commissioner-tax-1981.