Memorandum Findings of Fact and Opinion
WITHEY, Judge:
The Commissioner determined a deficiency of $18,698.97 in the income tax of the petitioners for 1954. The only issue presented is the correctness of the respondent's determination of the fair market value of certain real property on the date of the petitioners' acquisition thereof in 1954.
Findings of Fact
Some of the facts have been stipulated and are found accordingly.
The...
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