Illustrate what is the minimum ownership percentage an owner

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Reference no: EM13130477

What is the minimum ownership percentage an owner must have in the entity to avoid gain recognition when property is contributed?

A. S corporation – No minimum ownership percentage is required.

B. Taxable corporation – 80% before property contribution

C. Partnership – 80% after the property contribution

D. LLC – No minimum ownership percentage is required.

Reference no: EM13130477

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