Election because transfers by gift are not sales or

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754 election, because transfers by gift are not sales or exchanges under Sect. 743(b).
4. What amount is a contribution of property recorded at for tax purposes and what amount is it recorded at for book purposes? (David Lee)
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Practical Guide to Partnerships and LLCs—Instructor’s Guide Problems 2 5. How does a partner determine the holding period of his partnership interest?
6. How does a partnership determine the holding period of assets contributed by the partners? (Sining Ji)
7. If depreciable property is contributed to the partnership, what depreciation method should the partnership use to depreciate it? (Diana Castro)

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