OPINION.
MURDOCK, Judge:
The Commissioner determined deficiencies in the petitioner's income tax of $1,298.69, $27,758.11, and $706.37 for the calendar years 1937, 1938, and 1939. The respondent has conceded that the petitioner is entitled to a deduction of $16,000 for 1937. The petitioner presses no assignment of error except one that the Commissioner erred, in determining her profit from the sale in 1938...
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