I am having trouble with entities taxed as a partnerships as a concept. I have an exam coming up and this is one of the problems my teacher provided on the review guide. Is there anyway you can help me to understand it or go through some of the steps in order to solve it? Anything would be helpful. Thank you

Adventure Partnership is owned by three (3) partners.Kristen holds a 60% interest; each of the others own 20%.Kristen sells investment property to the partnership for its FMV of $175,000.Her tax basis was $225,000.

1. How much loss, if any, may Kristen recognize?
2. If the partnership later sells the property for $250,000, how much gain must it recognize?
3. If Kristen's basis in the investment property was $100,000 instead of $225,000, how much, if any, gain would Kristen recognize on the sale, and how would it be characterized?