Question: What are the allocable cash-basis items that must be prorated by cash-basis partnerships when partnership interests vary during the year? If a partner was given

What are the allocable cash-basis items that must be prorated by cash-basis partnerships when partnership interests vary during the year?

If a partner was given (by her mother) her interest in a partnership in which capital is a material income-producing factor, will she be treated as a valid partner for tax purposes?

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