asked 160k views
2 votes
Laura is a real estate developer and owns property that is treated as inventory in her business she contributes a parcel of this land to a partnership which will hold it for investment the fair market value of th eproperty is 20000

asked
User Clem
by
8.2k points

1 Answer

5 votes

Answer:

The statement is true

Step-by-step explanation:

answered
User Conorgriffin
by
9.2k points
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