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A partner has contributed property and its associated liability to a partnership in exchange for a partnership interest. What is the amount that the partnership
A partner has contributed property and its associated liability to a partnership in exchange for a partnership interest. What is the amount that the partnership will record as tax basis of the contributed property?
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South-Western Federal Taxation 2020 Comprehensive
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
43rd Edition
357109147, 978-0357109144
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