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When Bruno's basis in his LLC interest is $210,200, he recelves cash of 584,030, a propertionate share of Inventory, and land in a distribution that

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When Bruno's basis in his LLC interest is $210,200, he recelves cash of 584,030, a propertionate share of Inventory, and land in a distribution that liquidates both the Llc and hit entire ULC Interest. The inventory has a basis to the LLC of $52,550 and a fair market value of 567,264 . The land's basis is $94,590, and the fair market value is $84,0.30. How much gain or loss does Bruno Bruno recognizes basis in the land When Bruno's basis in his LLC interest is $210,200, he recelves cash of 584,030, a propertiseata Share of Inventory, and land in a distribution that liquidotas both the Mic and lits entire ulc. interest. The inventory has a basis to the LlC of $52,550 and a fair markat value of 867 is 26 . The land's basis is 594,590 , and the fair market value is 584,030 . How mivch gin or liots dcat brunis If an amount is zero, enter " 0n. Bruno recognizes basis in the land is 5

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