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How will be taxed to kolby

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Reference no: EM132805839

Problem 1: Kolby exchanges his accounting services for a 20% interest in Gazebo LLC. The value of his 20% interest is $50,000. How will this be taxed to Kolby?

Reference no: EM132805839

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How will be taxed to kolby : Kolby exchanges his accounting services for a 20% interest in Gazebo LLC. The value of his 20% interest is $50,000. How will this be taxed to Kolby?
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