What are the tax consequences-gain or loss

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Reference no: EM131265595

Mark contributed $6000 cash to form a partnership as equal general partner, In 2016 the partnership sold for $5400 what are the tax consequences? Gain or Loss?

Reference no: EM131265595

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What are the tax consequences-gain or loss : Mark contributed $6000 cash to form a partnership as equal general partner, In 2016 the partnership sold for $5400 what are the tax consequences? Gain or Loss?

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