Question: Enter problem statement appropriate but type, and other instructions here On Juay 1, 2017 Pam purchases a one-third interest in the RRR partnership for $600.000.
Enter problem statement appropriate but type, and other instructions here On Juay 1, 2017 Pam purchases a one-third interest in the RRR partnership for $600.000. The parship's only as is a prece of land held for investment. The land has a tax basis of 1.200.000 and FMV of 51.600.000 RRR Settion 754 election in het on June 30, 2020, RRR is the twed for $2,100,000. As a resu, RRR will allocate what amount of capital gain to Pam in 2020 OA $100,000 OB 5233,333 OC. $300,000 OD 50
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