Herron v. Bramel

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that, because a taxpayer's intent is subject to change, the determining factor relating to a taxpayer's intent is the purpose for which the property is held at the time of sale
• after subdivision the purpose for holding an odd-shaped lot changed from one of sale to customers, to one of investment

Source: CourtListener parenthetical corpus (CC0).