Which of the following would not impact a partner's outside basis? a. distribution of a used...
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Which of the following would not impact a partner's outside basis? a. distribution of a used car with a value of 15,000 and a basis of 3,000 to that partner b. theft of an uninsured asset with a value of $50,000 and basis of -0- c. increase in value of real estate held by partnership d. uninsured casualty to asset contributed to partnership by another partner Which of the following would not impact a partner's outside basis? a. distribution of a used car with a value of 15,000 and a basis of 3,000 to that partner b. theft of an uninsured asset with a value of $50,000 and basis of -0- c. increase in value of real estate held by partnership d. uninsured casualty to asset contributed to partnership by another partner
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Equity Asset Valuation
ISBN: 978-0470571439
2nd Edition
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
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