qbteachmt
Level 15
10-17-2024
07:02 PM
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"I was not confused"
But we are.
It seems the seller's proceeds got invested in a partnership. Not the original property that was owned. SO, he exchanged a property for a partnership share?
Then the partnership used the funds to acquire property.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers