SNEED, Circuit Judge: This case involves another effort on the part of the Commissioner to curb the use of real estate tax shelters. 1 In this instance he seeks to disallow deductions for the taxpayers’ distributive share of losses reported by a limited partnership with respect to its acquisition of a motel and related…
Read the full opinion (source) ↗
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Citation figures are counts of later citing opinions in our corpus and may be incomplete; always read and Shepardize the full opinion before relying on it.