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It can be my knowing which the transferor/shareholder will realize a gain when residence is transferred to a company & the liabilities assumed via the corporation are in surplus of basis from the residence.
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Originally posted by bbrownatl Watch Put up Alright, so it looks like a obtain needs to be acknowledged. Now, one particular even more problem. The Companies transferring all of their property and liabilities were being within more info the cash basis of accounting.
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