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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Thomas Stewart who wrote (1793)2/1/1999 9:38:00 PM
From: Colin Cody  Read Replies (2) of 5810
 
It can be structured so that the contribution of shares of stock to a partnership, is NOT a taxable event. Your tax basis would be the cost of the stock, not the value your account gets from the partnership for the contribution.

Colin
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