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Shareholder Shareholder Company Books Company Books Recognized Gain (Loss) Basis in Company Stock Recognized Gain (Loss) Basis in Assets Transfer of appreciated property to corp
Shareholder | Shareholder | Company Books | Company Books | |
Recognized Gain (Loss) | Basis in Company Stock | Recognized Gain (Loss) | Basis in Assets | |
Transfer of appreciated property to corp does not qualify under 351 | Gain realized is recognized | FMV of property transferred | None | FMV of property received |
351 Transfer of appreciated property to corp.; no boot | ||||
351 Transfer of appreciated property to corp; boot | ||||
351 Transfer of appreciated property to corp; mortgage | ||||
351 Transfer of appreciated property to corp; mortgage exceeds basis | ||||
351 Transfer of appreciated property to corp; tax motivated mortgage | ||||
351 Transfer of depreciated property; no boot |
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