Generally, the basis a partner takes in property received in a liquidating distribution is based on: Multiple

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Generally, the basis a partner takes in property received in a liquidating distribution is based on: Multiple choice question. the fair market value of property received an allocation of the partner's outside basis in said partnership the fair market value of cash and hot assets and the inside basis of all other property

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Generally, the basis a partner takes in property received in a liquidating distribution is based on: Multiple

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