uestion Three: Laurel has equipment costing $100,000 and with a FMV of $1,000,000 that is forming a corporation and receiving 6,700 shares. Hardy, who agrees to render $500,000 in services over the next five years, is getting the remaining 3,300 shares. Any problems with this in Section 351 and if so, how do you fix?

Question Four: Bruce Wayne and Dick Grayson each own 50% of Alfred Enterprises, Inc. They need additional capital, so Bruce agrees to transfer $100,000 worth of equipment to the corporation (basis none because of depreciation). Dick agrees to transfer 25% of his 50% to Bruce to make this happen. So, after Bruce transfers the equipment, he will own 75% and Dick will own 25%. Any problems with this in Section 351 and if so, how do you fix?

(USA tax rule)