United States Tax Court April 27, 1971, Docket No. 3486-69 (Estate of Nicol v. Commissioner)

lead-opinion

Featherston, Judge:

Respondent determined a deficiency in petitioner’s Federal estate tax in the amount of $9,807.74. The only issue presented for decision is whether the value of a parcel of farm property is includable in decedent’s taxable estate under section 2036 1 where, under a lease agreement, she continued to receive rent after conveying the f aim to her daughter.