If a transaction qualifies under § 351, any recognized gain is equal to the value of the boot received.
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Q13: Because services are not considered property under
Q14: Ruth transfers property worth $200,000 (basis of
Q15: A person who performs services for a
Q16: In a § 351 transaction, if a
Q17: Sofia forms Lark Corporation with a transfer
Q19: Similar to the like-kind exchange provision, §
Q20: Similar to like-kind exchanges, the receipt of
Q21: Basis of appreciated property transferred minus boot
Q22: When depreciable property is transferred to a
Q23: If both §§ 357(b) and (c) apply
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