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Heiner v. Tindle, 276 U.S. 582 (1928)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Heiner v. Tindle, 276 U.S. 582 (1928)
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Heiner v. Tindle No. 341 Argued March 7, 1928 Decided April 9, 1928 276 U.S. 582
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE THIRD CIRCUIT
Syllabus
1. Under the Revenue Act of 1918, § 215(a)5, the devotion of a house theretofore purchased and used as the taxpayer’s residence, exclusively to the production of taxable income in the form of rentals, is a "transaction entered into for profit" as of the date when the change was made, and when such change occurred before March 1, 1913, and the new use continued until the property was sold at a loss after the date of the Act, the amount of loss deductible in computing net income is the difference between the sale price and the value of the property on the date of the change, or, if that value be larger than the March 1, 1913, value, then the difference between the sale price and the value on March 1, 1913. P. 585.
2. Article 141 of Treasury Regulations 45 refers to property used by the taxpayer as a residence up to the time of sale. P. 586.
18 F.2d 452 reversed.
Certiorari, 275 U.S. 514, to a judgment of the circuit court of appeals which reversed a judgment for the Collector in an action to recover money paid as income taxes.
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Chicago: U.S. Supreme Court, "Syllabus," Heiner v. Tindle, 276 U.S. 582 (1928) in 276 U.S. 582 276 U.S. 583. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=Y6AP3SR5YK6C9Q8.
MLA: U.S. Supreme Court. "Syllabus." Heiner v. Tindle, 276 U.S. 582 (1928), in 276 U.S. 582, page 276 U.S. 583. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=Y6AP3SR5YK6C9Q8.
Harvard: U.S. Supreme Court, 'Syllabus' in Heiner v. Tindle, 276 U.S. 582 (1928). cited in 1928, 276 U.S. 582, pp.276 U.S. 583. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=Y6AP3SR5YK6C9Q8.
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