Search results with tag "Basis adjustments on partnership"

Sect. 743(b) Basis Adjustments on Partnership Interests

Dec 14, 2011 · Sect. 743(b) Basis Adjustments (Cont.) • Sect. 743(b) basis adjustments are required if there is a transfer of an interest in a partnership that has a “substantial built-in loss.” ― Partnership’s aggregate basis in its assets > FMV of its property by more than $250,000. • Exceptions ― Securitization partnerships

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