Inventory Land Building $ 45,000 $ 30,000 $105,000 $225,000 $180,000 $375,000 $225,000 $375,000 he land and building are 1231 assets. Determine the 743(b) special basis or each of the LLC's assets with respect to Donna. Erin purchased Fritz's one third interest in The Big Short Limited Partnership for $100,000. The partnership, which is a dealer in securities, holds most of its securities as inventory, but some are held as capital assets. Its security holdings at the time Erin purchased her interest were as follows: Asset Inventory Capital Assets Adjusted Basis $165,000 $135,000 F.M.V. $240,000 $ 60,000 Would Erin have benefited from a 754 election made in connection with her purchase of the partnership interest? Hoctor are partners in the GH partnership that owns a