subject
Mathematics, 16.04.2020 23:17 heyitzmeamelie

During the current tax year, Dave and Stu formed the DS LLC with Dave contributing land with a basis of $360,000 and a fair market value of $600,000 at the contribution date. At the end of the year, the LLC distributes $300,000 of cash to Dave. The LLC made no distributions to Stu. Assume there were no other income or loss transactions for the year that would affect Dave's basis in his LLC interest.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 22:00
Rewrite so the subject can be y in the formula d=m-y/y+n
Answers: 1
question
Mathematics, 22.06.2019 02:00
The table below shows the number of free throw shots attempted and the number of shots made for the five starting players on the basketball team during practice. each player's goal is to make 80% of her shots.
Answers: 1
question
Mathematics, 22.06.2019 06:30
How much candy at $1.16 a pound should be mixed with candy worth 86¢ a pound in order to obtain a mixture of 60 pounds of candy worth a dollar a pound?
Answers: 1
question
Mathematics, 22.06.2019 06:30
Mr. murray wants to create 100 ounces of a mixture that is 62% pecans, 30% almonds, and 8% walnuts. how will the amount of mixture a compare to the amounts of mixtures b and c that mr. murray uses? he will use half as much of mixture a as he will use of mixtures b and c combined.he will use one-quarter as much of mixture a as he will use of mixtures b and c combined.he will use one-fifth as much of mixture a as he will use of mixtures b and c combined.he will use twice as much of mixture a as he will use of mixtures b and c combined.
Answers: 3
You know the right answer?
During the current tax year, Dave and Stu formed the DS LLC with Dave contributing land with a basis...
Questions
question
Mathematics, 26.01.2021 05:30
question
Mathematics, 26.01.2021 05:30
question
Mathematics, 26.01.2021 05:30
question
Mathematics, 26.01.2021 05:30
question
Chemistry, 26.01.2021 05:30