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Q & A for IRC Sec. 743 (2/4)












                                                                                      Q&A about


                                                                                      substantial built-in


                                                                                      loss changes


                                                                                       IRS SECTION 743


                                        IRC SEC. 743                                   These FAQs provide more
                                                                                       information about the substantial
                                                                                       built-in loss rules which prevent a
                                                                                       double benefit of built-in losses
                                        IRC SEC. 708                                   that may result from the transfer

                                                                                       of a partnership interest.


                                             FAQ’S















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