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The partnership goes to the descendants of said partner. At that time the respective descendant received a step up cost. Note: All partnership activity is alloc...
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Thanks for your reply.I will clarify the problem. There are several partners (family of six), upon the death of a partner, the interest is transferred to the de...
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How do you handle depreciation recapture on a sale of commercial property that is held in a partnership in Proseries? Adjust the individual K-1 gain?