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Kalus who is single transfers property with 90,000 basis and 108,000 fmv to Quality corporation in exchange for all 200 shares of Quality corporation stock.

Kalus who is single transfers property with 90,000 basis and 108,000 fmv to Quality corporation in exchange for all 200 shares of Quality corporation stock. The shares qualify as SEC 1244 stock. Thr...

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