![subject](/tpl/images/cats/ekonomika.png)
Emma and laine form the equal el partnership. emma contributes cash of $100,000. laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000.
a. how much gain, if any, must emma recognize on the transfer? must laine recognize any gain? if so, how much?
b. what is emma’s tax basis in her partnership interest? her § 704(b) book basis?
c. what is laine’s tax basis in her partnership interest? her § 704(b) book basis?
d. what tax basis does the partnership take in the property transferred by laine?
e. how will the partnership account for the difference between the basis and value of the property transferred by laine?
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 16:20, HarleyHailey
Winston uses the high-low method. it had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. what would winston estimate its total cost to be if sales equaled 8,000 units?
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 00:50, tommyaberman
Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 02:40, TerronRice
Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?
Answers: 3
You know the right answer?
Emma and laine form the equal el partnership. emma contributes cash of $100,000. laine contributes p...
Questions in other subjects:
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 17.07.2021 04:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 17.07.2021 04:00
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 17.07.2021 04:00
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 17.07.2021 04:00
![Konu](/tpl/images/cats/pravo.png)