Question
Landon's basis in her LBD LLC interest is $70,000 at the beginning of the tax year. His allocable share of LLC items are as follows:
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South-Western Federal Taxation 2020 Comprehensive
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
43rd Edition
357109147, 978-0357109144
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