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Code Sec 704(c) regulations prevent partnerships and LLCs from shifting [blank 1] gains to partners other than the [blank 2] partner. The regulations identify three

Code Sec 704(c) regulations prevent partnerships and LLCs from shifting [blank 1] gains to partners other than the [blank 2] partner. The regulations identify three reasonable methods for allocating related items: 1. [blank 3] 2. [blank 4] 3. [blank 5] Code Sec 704(c) regulations prevent partnerships and LLCs from shifting [blank 1] gains to partners other than the [blank 2] partner. The regulations identify three reasonable methods for allocating related items: 1. [blank 3] 2. [blank 4] 3. [blank 5]

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