Helvering v. Hammel

Supreme Court of the United States · Decided 1941-01-06

Cited by 299 later decision(s) in our corpus · see the citation network in Lexace

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*505 Mr. Justice Stone delivered the opinion of the Court. We are asked to say whether a loss sustained by an individual taxpayer upon the foreclosure sale of his interest in real estate, acquired for profit, is a loss which, under §' 23 (e) (2) of the 1934 Revenue Act, <span class="c…

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