United States Tax Court February 2, 1995, Docket No. 4271-93 (Von-Lusk v. Commissioner)

lead-opinion

OPINION

Raum, Judge:

This case involves the Commissioner’s determination that certain expenses deducted in Von-Lusk’s returns for 1988, 1989, and 1990, were not deductible but instead were to be capitalized under section 263A.1

Von-Lusk (also referred to as the partnership) is a California limited partnership. Petitioner, the Lusk Co.