subject
Business, 14.11.2019 02:31 tokuichi3135

Gerald received a one-third capital and profit (loss) interest in xyz limited partnership (lp). in exchange for this interest, gerald contributed a building with an fmv of $30,000. his adjusted basis in the building was $15,000. in addition, the building was encumbered with a $9,000 nonrecourse mortgage that xyz lp assumed at the time the property was contributed. what is gerald's outside basis immediately after his contribution?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:40
The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?
Answers: 1
question
Business, 22.06.2019 17:10
To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?
Answers: 1
question
Business, 22.06.2019 19:00
By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?
Answers: 1
question
Business, 22.06.2019 22:50
Wendy made her career planning timeline in 2010. in what year should wendy's timeline start? a. 2013 o b. 2012 oc. 2010 o d. 2011
Answers: 2
You know the right answer?
Gerald received a one-third capital and profit (loss) interest in xyz limited partnership (lp). in e...
Questions
question
Mathematics, 03.06.2021 18:30
question
Mathematics, 03.06.2021 18:30
question
English, 03.06.2021 18:30
question
History, 03.06.2021 18:30
Questions on the website: 13722361