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Partnership Taxation Formation and Basis ( for reference, see practice question 4 2 5 on page 6 9 and related answer and explanation on page
Partnership Taxation Formation and Basis for reference, see practice question on page and related answer and explanation on page : Baker contributed land with a basis of $ and a fair market value of $ to the Electric Partnership. He also contributed services with a value of $ In return, he received a partnership interest in Electric with a value of $
What is Baker's basis in his partnership interest?
a $
b $
C $
d $
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