When depreciable property is contributed to a partnership $\_\_\_\_\_\_\_.$

PICK ALL THAT APPLY!

Question $8$ options:

$-$ the partnership takes the book value as basis if it is built$-$in gain property

$-$ the partnership must use the remainder of the contributing partner's recovery period for depreciating the property

$-$ the partnership must use the same accounting method to depreciate the property for both book and tax purposes

$-$ the partnership must eliminate any built$-$in gain over time through differential tax allocations of depreciation deductions