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Discussion Question 18-13 (LO. 4) A corporation acquires property as a contribution to capital from a shareholder and from a nonshareholder. Are the rules pertaining

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Discussion Question 18-13 (LO. 4) A corporation acquires property as a contribution to capital from a shareholder and from a nonshareholder. Are the rules pertaining to the property's basis the same? because the basis of property transferred from a .However, it is subject to a is the basis in the hands of the adjustment when loss property is contributed. The basis of property transferred to a corporation by a transfers money to a corporation, the basis of property acquired by the corporation is by the amount of the contribution

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