Q- When a service partner provides services in return for a capital interest in a partnership which of the following are true?

a- If the services which are performed by the service partner are day to day management services, the partnership will receive an immediate deduction for the value of the services. b- If the services which are performed by the partner are organizational services, the partnership will capitalizes the cost and amortize them over 180 months. c- The service providing partner will not benefit from the deduction to the partnership arising from his or her services. d- A deemed sale of assets causing gain or loss to all partners except the service providing partner may result. e- All of the above are true.