Question: 4 9 2 points The term outside basis refers to the partnership's basis in its assets; whereas, the term inside basis refers an individual partner's

49

2

points

The term "outside basis" refers to the partnership's basis in its assets; whereas, the term "inside basis" refers an individual partner's basis in her partnership interest.

True

False

49 2 points The term "outside basis" refers to the partnership's

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