Bernd v. Commissioner ( 1926 )

FINDINGS OE' PACT.

On March 1,1913, the petitioner was the owner of a 240-acre farm, which he sold in 1920. On March 1, 1913, the fair market value of this farm was $37,500.

Judgment for the fetitioner. Order of re-determination will he entered on 15 days' notice, under Bule 50.