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When a partnership distributes a capital asset to a partner (partner that has an SBA [i.e. SBA Partner]) in a liquidating distribution, how is the

When a partnership distributes a capital asset to a partner (partner that has an SBA [i.e. SBA Partner]) in a liquidating distribution, how is the SBA treated for the 734(b) adjustment in these situations?

a. The capital asset distributed to the SBA partner is SBA property?

b. The capital asset distributed to the SBA partner is not SBA property?

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