Lia has a $40,000 basis in her partnership interest just before receiving a parcel of land as a nonliquidating (current) distribution. The partnership purchased the land, and Lia has no precontribution gain. Under what conditions will Lia's basis in the land be $40,000? Under what conditions will Lia's basis in the land be a carryover basis from the partnership's basis in the land?

Please answer in 75 words or more.