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GHI Partnership is owned 60% by Greg, and 20% each by Howard and Isaac. Greg will have the same tax result if he sells his
GHI Partnership is owned 60% by Greg, and 20% each by Howard and Isaac. Greg will have the same tax result if he sells his interest to Howard and Isaac for $50,000 each, or if GHI redeems his interest by distributing $100,000 of cash to Greg. Trur or False?
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