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Kenisha and Shawna form the equal KS LLC , with a cash contribution of $ 9 1 2 , 0 0 0 from Kenisha and

Kenisha and Shawna form the equal KS LLC, with a cash contribution of $912,000 from Kenisha and a property contribution (adjusted basis of $957,600, fair market value of $912,000) from Shawna.
If an amount is zero, enter "0".
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a. Shawna has realized _________ of $_________, of which $___________ is recognized.
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b. Kenisha's tax basis in her LLC interest is $____________
c. Shawna's tax basis in her LLC interest is $___________
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d. The tax basis that the partnership takes in the property transferred by Shawna is $______________
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e. Are there more effective ways to structure the formation?

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