Identify the tax issue or issues suggested by the following situations, and state each issue in the form of a question. Nine years ago, Fred paid $$20,000$ cash for a $2$ percent limited interest in a very profitable partnership. Every year Fred has properly included his distributive share of partnership income in taxable income. This year, Fred sold his interest to an unrelated party for $$80,000$ and computed a $$60,000$ gain recognized on sale.