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Don contributes cash of $10,000 and property with an adjusted basis of $5,000 to a partnership in exchange for a 50% interest. Additionally, Don's share
Don contributes cash of $10,000 and property with an adjusted basis of $5,000 to a partnership in exchange for a 50% interest. Additionally, Don's share of the partnership debt is $2,000. What is Don's basis in the partnership
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