Under section $704($c$)$ regulations, the allocation of tax depreciation must take into account the amount of pre$-$contribution gain or loss at the time of the property$$s contribution to the partnership. As such, the allocation of tax depreciation to the non$-$contributing partners:

Group of answer choices

Are based on the percentage interest in the partnership of the non$-$contributing partners

Is allocated to the non$-$contributing partners first, and any residual is allocated to the contributing partner

Must, to the extent possible, equal the book allocation to these partners

All of the above