Question: Problem 2 1 - 3 7 ( LO 2 1 - 1 ) ( Static ) Skip to question [ The following information applies to
Problem LO Static
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Travis and Alix Weber are equal partners in the Tralix Partnership, which does not have a election in place. Alix sells onehalf of her interest percent to Michael Tomei for $ cash. Just before the sale, Alix's basis in her entire partnership interest is $ including her $ share of the partnership liabilities. Tralix's assets on the sale date are as follows:
Tax BasisFMVCash$ $ InventoryLand held for investmentTotals$ $
Problem Part b Static
b What is Alix's basis in her remaining partnership interest?
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