题目
题目

SU25-BL-BUS-A329-2695 Quiz 17

单项选择题

Which of the following statements is CORRECT with respect to property contributed in exchange for a partnership interest?

选项
A.The character of the property is determined by the way the contributing partner used the property.
B.The partnership's inside basis is typically increased by any gain the partner realizes from the property contribution.
C.The holding period for a partner's partnership interest depends upon the type of assets a partner contributes.
D.Services are not allowed to be contributed to a partnership in return for a partnership interest.
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标准答案
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思路分析
The question asks which statement is CORRECT about property contributed in exchange for a partnership interest. Below is a step-by-step evaluation of each option with rationale. Option 1: "The character of the property is determined by the way the contributing partner used the property." In tax, the character or type of property (for example, capital asset, inventory, or unrealized receivables) is determined by the nature of the property itself, not by the contributing partner’s subjective use of it. Therefore thi......Login to view full explanation

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