When a shareholder sells property to a corporation, that property has a value greater than its cost

Question:

When a shareholder sells property to a that property has a value greater than its cost amount, and the shareholder chooses to use the elective option for tax purposes, what is the maximum amount of non-share consideration that the shareholder can receive from the as payment?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...