United States Board of Tax Appeals October 27, 1926, Docket No. 4680 (Hellmers v. Commissioner)

Trammell:

This is a proceeding for the redetermination of a deficiency in income tax for the calendar year 1922 in the amount *199of $41.49. The deficiency arises through the action of the Commissioner in disallowing as an expense or loss $1,087.15, the amount paid in excess of the contract price of building a home.

FINDINGS OF FACT.