Memorandum Findings of Fact and Opinion
TANNENWALD, Judge:
Respondent determined a deficiency of $2,053.80 in petitioners' income taxes for their taxable year 1966. Because of certain concessions by the parties, the only remaining issues are the deductibility of (1) a loss sustained by petitioners on the sale of their former residence and (2) a casualty loss.
Findings of Fact
Some of the facts have been stipulated and are found accordingly...
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