LO.2 How is the partners basis determined for land and inventory received in a proportionate liquidating distribution

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LO.2 How is the partner’s basis determined for land and inventory received in a proportionate liquidating distribution (where the partnership also liquidates)? How is the partner’s basis in the partnership interest affected?

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South Western Federal Taxation 2013 Corporations Partnerships Estates And Trusts

ISBN: 9781133495574

36th Edition

Authors: William H. Hoffman, William A. Raabe, James E. Smith, David M. Maloney

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