A partner contributes property to a partnership and

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7.A partner contributes property to a partnership, and is later distributed cash or other property. How much time must there be between these two events in order for there to be a presumption that this is not a disguised sale? How much time must separate the events for there to be a presumption that it is a disguised sale?
8.Partner D of the equal DEF partnership contributes property (FMV = $100,000, basis = $60,000) to the partnership. One year later, the partnership distributes $50,000 cashto partner D. How is the original contribution and the later distribution treated if it is not a disguised sale? How are they treated if it is a disguised sale?
Practical Guide to Partnerships and LLCs—Instructor’s Guide Solutions3Reading: Paragraphs 1403.04, 1403.05.1.A partner contributes property to a partnership. The partnership later distributes the property to another partner. The contributing partner will have to recognize gain or loss if the latter distribution is made within how many years of the contribution?
2.How much gain or loss will a contributing partner have to recognize if the property she contributed to a partnership is distributed in four years?
3.The character of the gain recognized by the contributing partner depends on the property’s character to the partnership, its character in the hands of the distributee partner, and the percent of the partnership owned by which partner?

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