Memorandum Findings of Fact and Opinion
DAWSON, Judge:
Respondent determined a deficiency in income tax for the calendar year 1959 in the amount of $409.82, all of which is in dispute. The only issue to be decided is the amount of the loss the petitioner was entitled to deduct under section 165(c)(1), Internal Revenue Code of 1954, on the sale of certain rental property. The amount of the loss depends entirely on a determination of the fair market value...
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