微信扫一扫
实时资讯全掌握
| In 2013 Peggy Pink contributed property to a new partnership in return for a 50% interest in capital and profits. The property had a fair market value of $10,000, an adjusted basis of $6,000, and was subject to a $9,000 mortgage which was assumed by the partnership. What was Pink’s basis in the partnership as a result of this contribution? A. $ 500 B. $5,500 C. $0 D. $1,500 |