BEP – Operating Rules
                                                                                                (cont’d) 1
               •          If depreciable or amortizable property is
                     acquired with a BEP and transferred to an
                                                                                      any
                     aggregate group member,
                     depreciation or amortization deduction that
                     would be a BETB to the transferor will
                     remain a BETB to the transferee (the
                     “Transfer Rule”)
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