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On June 1 7 , 2 0 1 9 Donny receives a current distribution of land with a FMV of $ 1 6 0 ,
On June Donny receives a current distribution of land with a FMV of $ from DP Partners, a general partnership. The land was contributed in by Pauly when his basis in the land was $ and the FMV was $ Donny's outside basis is $ on the date of distribution and Pauly's outside basis is $ on the date of distribution What are Donny's and Pauly's outside bases after the distribution? ADonny $ ; Pauly, $
BDonny $ ; Pauly, $
CDonny $; Pauly $
DDonny $ ; Pauly $
EDonny $; Pauly $
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