Michael buys a piece of property from JFK Partnership for $60,000 that has a $70,000 basis. Michael

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Michael buys a piece of property from JFK Partnership for $60,000 that has a

$70,000 basis. Michael owns 80% of JFK partnership.

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Concepts In Federal Taxation 2011

ISBN: 9780538467926

18th Edition

Authors: Kevin E. Murphy, Mark Higgins

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