Chang and some associates want to form a corporation to develop and operate an industrial park. Chang

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Chang and some associates want to form a corporation to develop and operate an industrial park. Chang is to contribute the land, which has significantly appreciated in value. She would like to recognize some of this gain to offset losses from other sources. Considering the rules of § 351, what do you suggest?

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South-Western Federal Taxation 2022 Individual Income Taxes

ISBN: 9780357519073

45th Edition

Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman

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