Crew III, J.
Between 1987 and 1991, decedent and petitioner, his wife, acquired title to a parcel of land known as the Gold Dome property located in the Town of East Greenbush, Rensselaer County, which they held as tenants by the entirety. Beginning in 1992, decedent and petitioner subdivided and sold the Gold Dome parcel in three principal transactions. The first and second transactions involved the sale of a 21-lot and 51-lot subdivision, respectively, to Robert...
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