Memorandum Opinion
OPPER, Judge:
By this proceeding petitioner seeks a redetermination of a deficiency in income tax of $20,170.62 for the year 1941.
The primary issue remaining for our disposition is whether a deductible loss occurred in 1941 with respect to certain unimproved real property owned by petitioner. Other items were conceded by the petitioner prior to final submission of the case.
A stipulation of facts filed by the parties was...
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