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Other Fields Homework Help Accounting Topic started by: Augustus1 on Jan 11, 2017



Title: If a partner contributes property subject to a liability to a partnership, the noncontributing ...
Post by: Augustus1 on Jan 11, 2017
If a partner contributes property subject to a liability to a partnership, the noncontributing partners increase the basis of their partnership interests by their share of the partnership liabilities that were transferred to the partnership.


Title: Re: If a partner contributes property subject to a liability to a partnership, the noncontributing ...
Post by: MsLippy on Jan 11, 2017
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Title: Re: If a partner contributes property subject to a liability to a partnership, the noncontributing ...
Post by: Augustus1 on Mar 19, 2017
I'm forever indebted to you!

THANKS