Respuesta :
Answer:
answer is given below
Explanation:
- As a general rule, both Sections 721 and 351 do not realize any gain or loss after a property loss or loss is recognized. How 351 applies as soon as it is exchanged, but 721 does not require regulation.
- Second 721 applies not only to the spread of p but also to the initial transfer of all contributions from any partner.
- Under Sec 721, the subscriber must obtain interest for the Pip, and under Section 351 the calf and the transferee must acquire stock in the corporation.
- Under both, if there are money or other considerations in the transfer of property, the transaction is considered a sale or exchange rather than a tax-free transfer.
