Helvering v. Bruun
Case Date: 07/22/2024
|
Helvering v. Bruun, 309 U.S. 461 (1940),[1] was an income tax case before the Supreme Court of the United States. It is notable (and thus appears frequently in law school casebooks) for the following holding:
A landlord does realize a taxable gain when he repossesses property improved by a tenant.
|