Harvey L. Casebeer Patricia Casebeer Lewis W. Moore Shirley L. Moore Carlyle Sturm Charlotte Sturm v. Commissioner of Internal Revenue, Vincent T. Larsen Louise Larsen v. Commissioner of Internal Revenue

909 F.2d 1360 66 A.F.T.R.2d 90 -5361, 90-2 USTC P 50,435 Harvey L. CASEBEER; Patricia Casebeer; Lewis W. Moore; Shirley L. Moore; Carlyle Sturm; Charlotte Sturm, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee. Vincent T. LARSEN; Louise Larsen, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee. Nos. 88-7535, 88-7537 to 88-7539. United States Court of Appeals, Ninth Circuit. Argued and Submitted June 7, 1990. Decided Aug. 6, 1990. Thomas F. Topel, and Lance R. Hoskins, Dorsey & Whitney, Billings, Mont., for petitioners-appellants. Gary R. Allen, David English Carmack, and David M. Moore, Tax Div., Dept. of Justice, Washington, D.C., for respondent-appellee. Appeal from the United States Tax Court. Before WRIGHT and WALLACE, Circuit Judges, and PRICE, * Senior District Judge. EUGENE A. WRIGHT, Circuit Judge: 1 In cases involving complex computer sale/leaseback transactions, we consider whether the tax court erred in finding that the transactions were shams for federal income tax purposes and in applying the at risk provisions of the Internal Revenue Code, 26 U.S.C. Sec. 465 . BACKGROUND 2 These appeals arise from…