What is mrs trongs basis in stock, Taxation

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What is mrs trongs basis in stock

Problem

Mrs Trong transferred property that had an adjusted basis of 150000 and FMV of 400000 to corp JTC for 80% of their class stock and real property. The transfer stock had a FMV of 250000 and real property FMV of 90000. What is Mrs Trongs basis in stock?

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Taxation: What is mrs trongs basis in stock

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Taxation: What is mrs trongs basis in stock

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