Disposition of partnership interest. X is a C corporation that elects to become an S corporation on January 1, 1996. On that date, X owns a 50 percent interest in partner- ship P with a RBIG limitation of $200,000 and a RBIL limitation of $0. P owns (among other assets) Blackacre with a basis of
Appears in 6 contracts
Samples: Publishing Agreement, Supplemental Contract, Supplemental Contract