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True or false? 1. If there is a transfer of a partnership interest, and immediately after such transfer the adjusted tax basis of all of
True or false? 1. If there is a transfer of a partnership interest, and immediately after such transfer the adjusted tax basis of all of the partnership assets exceeds the fair market value of the partnership assets by more than $250,000 then the partnership must report a taxable loss and pass through the loss on Form K-1
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