Sally is a 25% partner in the STUV partnership. She has a tax basis in her partnership interest of $300,000. Sally also owns some land and a small building that she would like to sell to the partnership. The property has a fair market value of $500,000. Sally purchased the building for $400,000, and after taking MACRS deductions, her tax basis in the building is $350,000.

Assume that Sally and her lawyer complete the transaction as a contribution to the partnership and a subsequent distribution to Sally. They ask you to prepare Sally’s tax return reflecting the form of the transaction. Can you do this? What professional ethics authority or authorities could you consult to help you arrive at your conclusion?
How would you address this issue with Sally and her lawyer?

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answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself

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