brodyjp5703 brodyjp5703
  • 20-12-2022
  • Business
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in complete liquidation, pw distributes the cash to pamela and the unrealized receivables to wade (equal partners). pamela and wade each have an outside basis in pw equal to $5,000. pw has no liabilities at the time of the liquidation. what is the amount and character of wade's recognized gain or loss?

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