DAWSON, Judge:
Respondent determined a deficiency in petitioner's Federal income tax in the amount of $2,523.94 for the taxable year ended October 31, 1968. The only issue to be decided is whether the petitioner, a cash basis taxpayer, realized income in 1968 upon the sale of appreciated property in return for a deferred-payment obligation under a real estate contract.
FINDINGS OF FACT
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