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What is paul outside basis

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Question - Paul has outside basis of $320,000 in Riddim Partnership before receiving an operating distribution of $27,000 in cash, inventory with an adjusted basis of $28,000 and a fair market value of $91,000, and land with an adjusted basis of $74,000 and a fair market value of $700,000. What is Paul's outside basis after receiving the operating distribution?

Reference no: EM132977911

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