OPINION.
LEMIRE, Judge:
The respondent has determined a deficiency of $3,262.70 in petitioner's income tax for 1944. One of the two issues presented by the pleadings has been settled by stipulation. The remaining issue involves a loss deduction claimed on the sale of a parcel of improved real estate.
The essential facts have been stipulated and are found as set out in the written stipulation.
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