What is taxpayers outside basis in his partnership interest, Taxation

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What is taxpayers outside basis in his partnership interest

Problem

Taxpayer purchases a partnership interest for $10,000 in an arm's length transfer. Costs of the acquisition are $5,000. The selling partner has basis in her partnership interest of $3,000. The partnership has basis in it's assets of $5,000. The fair market value of the purchased interest is $11,000. Based on this data, what is Taxpayer's outside basis in his partnership interest immediately after the purchase?

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