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4) Adina's adjusted basis of her interest in a partnership was $30,000. She received a proportionate non-liquidating distribution of $25,000 cash plus a parcel of
4) Adina's adjusted basis of her interest in a partnership was $30,000. She received a proportionate non-liquidating distribution of $25,000 cash plus a parcel of land with an fmv and partnership basis of $9,000. Adina's basis for the land is: a) $,9000 b) $6,000 c) $4,000 d) $5,000
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