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xxchloekai
13.12.2019 •
Business
Lisa sells business property with an adjusted basis of $130,000 to her son, alfred, for the fair market value of $100,000.
a. what is lisa’s realized and recognized gain or loss?
b. what is alfred’s recognized gain or loss if he subsequently sells the property for $138,000? for $80,000?
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Ответ:
a.The realized loss of Liza’s is $30000 (it is not recognized loss).
b.1 Alfred recognized gain is $8000 and realized gain is $38000.
b.2 Alfred recognizes loss of $20000.
Explanation:
a.Explanation
The sell of business property to his son at $100000 which has the market value $130000. Since Lisa incurring a loss of $30000 is considered as a realized loss. This loss can not be considered as the recognized loss because section 267 explains that sell or exchange of property between related parties is not considered as recognized.
b.1 Explanation
the recognized gain can be determined by subtracting the previously disallowed loss of $30000 from $38000 gain. However, the realized gain ($38000) can be determined by subtracting $100000 from $138000.
b.2 Explanation
The recognized loss of $20000 can be calculated by subtracting the $100000 from $ 80000.
Ответ:
Don't make her feel like you're hiding anything from her. If she seems upset, comfort her tell her everything will be alright. Let her know she can trust you. Make her feel like she's wanted for more than what she looks like. Show her how much you care and that you'd never do anything to intentionally hurt her. Make her feel safe. Once you can do all that she should begin to feel comfortable talking to you.
Explanation:
Hope this helps. Good luck.