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Business, 26.09.2021 16:10 hgfddfg

If A & B form the M Corp with a transfer of the following properties A 120,000 cash
B 120,000 FMV PROPERTY
A & B Each receive 50% stock
What’s A & B realized gain, recognized gain, basis in stock and M basis in contributed asset

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If A & B form the M Corp with a transfer of the following properties A 120,000 cash
B 12...
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