Case Name: Appeals of CLARENCE E. POPE and MRS. CLARENCE E. POPE
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-02-04
Citations: 3 B.T.A. 595
Docket Number: Docket Nos. 2151, 2500
Parties: Appeals of CLARENCE E. POPE and MRS. CLARENCE E. POPE.
Judges: Before SteRnhagen, Lansdon, and Aeundell.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 3
Pages: 595–596

Head Matter:
Appeals of CLARENCE E. POPE and MRS. CLARENCE E. POPE.
Docket Nos. 2151, 2500.
Submitted October 7, 1925.
Decided February 4, 1926.
H. F. Driemeyer, Esq., for the taxpayers.
Robert A. Littleton, Esq., for the Commissioner.
Before SteRnhagen, Lansdon, and Aeundell.

Opinion:
OPINION.
Ajrundell:
The taxpayer, Clarence E. Pope, claimed in his re* turns for the years in question that a valuation of $5,000 should be placed on the brick building located on the property, for the purpose of depreciation, and this valuation was conceded to be correct and was used by the Commissioner in making his determination. The evidence clearly establishes the fair market' value of the buildings, both brick and frame, to be $30,000 at the time of the purchase of the property in 1914. No evidence was introduced as to the value of the property at the date of acquisition by Mrs. Pope of a three-fourths interest therein. It therefore becomes necessary to approve the Commissioner's determination in the appeal of Mrs. Clarence E. Pope.