Milledge L. Middleton & Est. of Leone S. Middleton, Deceased, Milledge L. Middleton v. Comm'r of Internal Revenue, 693 F.2d 124 (11th Cir. 1982). · Go Syfert
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Milledge L. Middleton & Est. of Leone S. Middleton, Deceased, Milledge L. Middleton v. Comm'r of Internal Revenue, 693 F.2d 124 (11th Cir. 1982). Cases Citing This Book View Copy Cite
44 citation events (4 in the last 25 years) across 5 distinct courts.
Strongest positive: Watts v. Comm'r (tax, 2017-06-14)
Treatment trajectory · 1982 → 2026 · click a year to view as-of
1982 2004 2026
Top citers, strongest first. 9 distinct citers. How cited ↗
discussed Cited "see" Watts v. Comm'r
Tax Ct. · 2017 · signal: see · confidence high
Sec. 1.165-2 , *143 Income Tax Regs.; see Citron v. Commissioner , 97 T.C. 200 , 209-215 (1991) (citing Middleton v. Commissioner , 77 T.C. 310 , 319-324 (1981) , aff'd , 693 F.2d 124 (11th Cir. 1982)) .
cited Cited "see" Tucker v. Comm'r
Tax Ct. · 2015 · signal: see · confidence high
See id. subdiv. (i) .
cited Cited "see" L & C Springs Associates v. Commissioner
7th Cir. · 1999 · signal: see · confidence high
See Middleton v. Commissioner, 77 T.C. 310, 320-21 , 1981 WL 11281 (1981), aff'd. per curiam, 693 F.2d 124 (11th Cir.1982).
cited Cited "see" L&c Springs Associates, Century Capital Corporation, and Tax Matters Partner v. Commissioner of Internal Revenue
7th Cir. · 1999 · signal: see · confidence high
See Middleton v. Commissioner, 77 T.C. 310, 320-21 (1981), aff'd per curiam, 693 F.2d 124 (11th Cir. 1982). 4 The specific gain triggered in this case is the cancellation of nonrecourse debt.
discussed Cited "see" Citron v. Commissioner (2×)
Tax Ct. · 1991 · signal: see · confidence high
See, for example, Middleton v. Commissioner, 77 T.C. 310, 319-324 (1981), affd. per curiam 693 F.2d 124 (11th Cir. 1982); Freeland v. Commissioner, 74 T.C. 970, 982-983 (1980).
cited Cited "see" Williams v. Commissioner
Tax Ct. · 1990 · signal: see · confidence high
See Middleton v. Commissioner , 77 T.C. 310 (1981) , affd. per curiam 693 F.2d 124 (11th Cir. 1982) ; Freeland v. Commissioner , 74 T.C. 970 ↩ (1980) .
discussed Cited "see" Daily v. Commissioner (2×)
Tax Ct. · 1983 · signal: see · confidence high
See Middleton v. Commissioner, 77 T.C. 310, 320 (1981), affd. 693 F.2d 124 (11th Cir. 1982), where this Court found a deemed sale or exchange upon the abandonment of property subject to nonrecourse debt.
discussed Cited "see" Vickers v. Commissioner (2×)
unknown court · 1983 · signal: see · confidence high
See Middleton v. Commissioner, 77 T.C. 310 (1981), affd. per curiam 693 F.2d 124 (11th Cir. 1982); Arkin v. Commissioner, 76 T.C. 1048 (1981); Freeland v. Commissioner, 74 T.C. 970 (1980) (abandonment or voluntary reconveyance of mortgaged property to creditor as "sale or exchange”); Guest v. Commissioner, 77 T.C. 9 (1981) (gift to charity (bargain sale) as "sale or exchange”); and Hoover Co. v. Commissioner, 72 T.C. 206 (1979) (offsetting of forward foreign currency sales contracts against purchase contracts for such currency as "sale or exchange”).
discussed Cited "see, e.g." Commissioner
unknown court · Joh · signal: see also · confidence low
See also Middleton v. Commissioner, 77 T.C. 310 , 322 (1981) (there is no requirement that a taxpayer relinquish title in order to establish a loss if such loss is reasonably certain in fact and ascertainable in amount), affd. per curiam 693 F.2d 124 (11th Cir. 1982) .
Retrieving the full opinion text from the archive…
Milledge L. Middleton and Estate of Leone S. Middleton, Deceased, Milledge L. Middleton
v.
Commissioner of Internal Revenue
19-13220.
Court of Appeals for the Eleventh Circuit.
Dec 6, 1982.
693 F.2d 124
Published

693 F.2d 124

82-2 USTC P 9713

Milledge L. MIDDLETON and Estate of Leone S. Middleton, Deceased,
Milledge L. Middleton, Executor, Petitioners,
v.
COMMISSIONER OF INTERNAL REVENUE, Respondent.

No. 82-8118.

United States Court of Appeals,
Eleventh Circuit.

Dec. 6, 1982.

Robert M. Fink, Atlanta, Ga., for petitioners.

Kenneth W. Gideon, Chief Counsel, I.R.S., Glenn L. Archer, Jr., Asst. Atty. Gen., Michael L. Paup, Chief, App. Sec., Gary R. Allen, R. Russell Mather, Tax Division, Dept. of Justice, Washington, D.C., for respondent.

Appeal from the Tax Court of the United States.

Before HILL and VANCE, Circuit Judges, and TUTTLE, Senior Circuit Judge.

PER CURIAM:

1

This appeal presents the issue, as stated by the appellant, whether the losses resulting from the abandonment of real properties, each subject to nonrecourse debt in excess of the fair market value of the property, are capital losses subject to the limitations of Secs. 1211 and 1212 of the Internal Revenue Code of 1954 or are ordinary losses under Sec. 165 of the Internal Revenue Code of 1954.

2

The Tax Court held that when the owners of these properties volunteered to deed such parcels back to the mortgagees during the tax years, such actions by the taxpayers resulted in an abandonment of the parcels and that such abandonment resulted in capital losses rather than ordinary losses as claimed by the taxpayers. 77 T.C. 310 (1981).

3

We affirm the decision of the Tax Court and base our determination on the opinion of the Tax Court.

4

AFFIRMED.