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Tand A -old friends-meet up with old college professor- R. They decide to form a software company. T has an OLD building worth 200,000 (4

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Tand A -old friends-meet up with old college professor- R. They decide to form a software company. T has an OLD building worth 200,000 (4 basis. A has a warehouse full of computers, printers, copiers, etc, worth 200,000 (100,000 basis). R has some experience with start up and will contribute his services for a few months, and it is agreed that these services are valued at $50,000. For legal liability protection, they decide to incorporate the business into a company called TAR Corp. T and A will each get 200,000 shares; R will get 100,000 shares. A. What are the tax consequences to each of the parties upon receipt of the stock in exchange for their respective contributions? What will be T's basis in the TAR stock? A's? R's? What basis will TAR have in the building? In the computers, printers, ete

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