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The BR LLC owns an unrealized receivable with a basis of $0 and fair market value of $200,000 plus cash of $200,000. If BR distributes

The BR LLC owns an unrealized receivable with a basis of $0 and fair market value of $200,000 plus cash of $200,000. If BR distributes $20,000 of the receivable to 50% member Brenda and $20,000 of cas...

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