Business
Business, 14.12.2019 06:31, AikawaAisyah2438

Harry, hermione, and ron formed an s corporation called bumblebore. harry and hermione both contributed cash of $38,600 to get things started. ron was a bit short on cash but had a parcel of land valued at $93,900 (basis of $77,200) that he decided to contribute. the land was encumbered by a $55,300 mortgage. what tax bases will each of the three have in his or her stock of bumblebore?

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Harry, hermione, and ron formed an s corporation called bumblebore. harry and hermione both contribu...

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