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9. In a liquidating distribution Ann receives cash of $3,000, and land in which the partnership's basis was $10,000. Her basis in her interest was
9. In a liquidating distribution Ann receives cash of $3,000, and land in which the partnership's basis was $10,000. Her basis in her interest was $25,000. a. What's her gain or loss on the distribution? b. What's her basis in the land
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Accounting 101 For Business Coaches How To Find Your High End Coaching Fees Before You Start Working With Your New High End Coaching Client
Authors: Karl Bryan, Peter Lawson
1st Edition
1777684706, 978-1777684709
