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Heather sells land (adjusted basis, $80,000; fair market value, $104,000) to a partnership in which she controls an 80% capital interest. The partnership pays her

Heather sells land (adjusted basis, $80,000; fair market value, $104,000) to a partnership in which she controls an 80% capital interest. The partnership pays her only $56,000 for the land. If an amou...

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