id	sid	tid	token	lemma	pos
ftr-297	1	1	florida	florida	PROPN
ftr-297	1	2	tax	tax	PROPN
ftr-297	1	3	review	review	NOUN
ftr-297	1	4	volume	volume	NOUN
ftr-297	1	5	15	15	NUM
ftr-297	1	6	2014	2014	NUM
ftr-297	1	7	number	number	NOUN
ftr-297	1	8	3	3	NUM
ftr-297	1	9	optional	optional	ADJ
ftr-297	1	10	basis	basis	NOUN
ftr-297	1	11	adjustments	adjustment	NOUN
ftr-297	1	12	under	under	ADP
ftr-297	1	13	subchapter	subchapter	NOUN
ftr-297	1	14	k	k	NOUN
ftr-297	1	15	:	:	PUNCT
ftr-297	1	16	trap	trap	NOUN
ftr-297	1	17	for	for	ADP
ftr-297	1	18	the	the	DET
ftr-297	1	19	unwary	unwary	ADJ
ftr-297	1	20	,	,	PUNCT
ftr-297	1	21	tax	tax	NOUN
ftr-297	1	22	planning	planning	NOUN
ftr-297	1	23	tool	tool	NOUN
ftr-297	1	24	,	,	PUNCT
ftr-297	1	25	or	or	CCONJ
ftr-297	1	26	both	both	PRON
ftr-297	1	27	?	?	PUNCT
ftr-297	2	1	should	should	AUX
ftr-297	2	2	they	they	PRON
ftr-297	2	3	be	be	AUX
ftr-297	2	4	mandatory	mandatory	ADJ
ftr-297	2	5	?	?	PUNCT
ftr-297	3	1	by	by	ADP
ftr-297	3	2	philip	philip	PROPN
ftr-297	3	3	f.	f.	PROPN
ftr-297	3	4	postlewaite	postlewaite	PROPN
ftr-297	3	5	*	*	PROPN
ftr-297	3	6	i.	i.	NOUN
ftr-297	3	7	introduction	introduction	NOUN
ftr-297	3	8	...........................................	...........................................	PUNCT
ftr-297	3	9	106	106	NUM
ftr-297	3	10	ii	ii	NOUN
ftr-297	3	11	.	.	PUNCT
ftr-297	4	1	optional	optional	ADJ
ftr-297	4	2	adjustment	adjustment	NOUN
ftr-297	4	3	to	to	ADP
ftr-297	4	4	basis	basis	NOUN
ftr-297	4	5	of	of	ADP
ftr-297	4	6	partnership	partnership	NOUN
ftr-297	4	7	property	property	NOUN
ftr-297	4	8	on	on	ADP
ftr-297	4	9	transfer	transfer	NOUN
ftr-297	4	10	of	of	ADP
ftr-297	4	11	a	a	DET
ftr-297	4	12	partnership	partnership	NOUN
ftr-297	4	13	interest	interest	NOUN
ftr-297	4	14	section	section	NOUN
ftr-297	4	15	743(b	743(b	PROPN
ftr-297	4	16	)	)	PUNCT
ftr-297	4	17	....	....	PUNCT
ftr-297	5	1	108	108	NUM
ftr-297	5	2	a.	a.	NOUN
ftr-297	5	3	outlining	outline	VERB
ftr-297	5	4	the	the	DET
ftr-297	5	5	problem	problem	NOUN
ftr-297	5	6	section	section	NOUN
ftr-297	5	7	743	743	NUM
ftr-297	5	8	......	......	PUNCT
ftr-297	5	9	...........	...........	PUNCT
ftr-297	5	10	108	108	NUM
ftr-297	5	11	b.	b.	PROPN
ftr-297	5	12	legislative	legislative	ADJ
ftr-297	5	13	history	history	NOUN
ftr-297	5	14	of	of	ADP
ftr-297	5	15	the	the	DET
ftr-297	5	16	bases	basis	NOUN
ftr-297	5	17	adjustments	adjustment	NOUN
ftr-297	5	18	......	......	PUNCT
ftr-297	5	19	.....	.....	PUNCT
ftr-297	5	20	113	113	NUM
ftr-297	5	21	c.	c.	NOUN
ftr-297	5	22	election	election	NOUN
ftr-297	5	23	under	under	ADP
ftr-297	5	24	section	section	NOUN
ftr-297	5	25	754	754	NUM
ftr-297	5	26	.........	.........	PUNCT
ftr-297	5	27	.................	.................	SYM
ftr-297	5	28	115	115	NUM
ftr-297	5	29	d.	d.	PROPN
ftr-297	5	30	operation	operation	PROPN
ftr-297	5	31	ofadjustment	ofadjustment	NOUN
ftr-297	5	32	to	to	PART
ftr-297	5	33	basis	basis	NOUN
ftr-297	5	34	ofpartnership	ofpartnership	NOUN
ftr-297	5	35	properties	property	NOUN
ftr-297	5	36	in	in	ADP
ftr-297	5	37	general	general	ADJ
ftr-297	5	38	..........................	..........................	PROPN
ftr-297	5	39	116	116	NUM
ftr-297	5	40	e.	e.	PROPN
ftr-297	5	41	effect	effect	NOUN
ftr-297	5	42	of	of	ADP
ftr-297	5	43	partnership	partnership	NOUN
ftr-297	5	44	liabilities	liability	NOUN
ftr-297	5	45	....................	....................	PUNCT
ftr-297	5	46	117	117	NUM
ftr-297	5	47	f.	f.	PROPN
ftr-297	5	48	section	section	PROPN
ftr-297	5	49	704(c	704(c	PROPN
ftr-297	5	50	)	)	PUNCT
ftr-297	5	51	allocation	allocation	NOUN
ftr-297	5	52	for	for	ADP
ftr-297	5	53	contributed	contribute	VERB
ftr-297	5	54	property	property	NOUN
ftr-297	5	55	..............	..............	PROPN
ftr-297	5	56	118	118	NUM
ftr-297	5	57	g.	g.	PROPN
ftr-297	5	58	operation	operation	PROPN
ftr-297	5	59	ofadjustment	ofadjustment	NOUN
ftr-297	5	60	to	to	PART
ftr-297	5	61	basis	basis	NOUN
ftr-297	5	62	ofpartnership	ofpartnership	NOUN
ftr-297	5	63	properties	property	NOUN
ftr-297	5	64	....	....	PUNCT
ftr-297	5	65	120	120	NUM
ftr-297	5	66	1	1	NUM
ftr-297	5	67	.	.	PUNCT
ftr-297	5	68	calculation	calculation	NOUN
ftr-297	5	69	in	in	ADP
ftr-297	5	70	determining	determine	VERB
ftr-297	5	71	items	item	NOUN
ftr-297	5	72	ofincome	ofincome	ADJ
ftr-297	5	73	,	,	PUNCT
ftr-297	5	74	gain	gain	NOUN
ftr-297	5	75	,	,	PUNCT
ftr-297	5	76	or	or	CCONJ
ftr-297	5	77	loss	loss	NOUN
ftr-297	5	78	..............................	..............................	PUNCT
ftr-297	6	1	120	120	NUM
ftr-297	6	2	2	2	NUM
ftr-297	6	3	.	.	PUNCT
ftr-297	6	4	depreciation	depreciation	NOUN
ftr-297	6	5	...................................	...................................	PUNCT
ftr-297	7	1	121	121	NUM
ftr-297	7	2	3	3	NUM
ftr-297	7	3	.	.	PUNCT
ftr-297	7	4	amortization	amortization	NOUN
ftr-297	7	5	...............................	...............................	PUNCT
ftr-297	8	1	122	122	NUM
ftr-297	8	2	h.	h.	PROPN
ftr-297	8	3	other	other	ADJ
ftr-297	8	4	transfers	transfer	NOUN
ftr-297	8	5	of	of	ADP
ftr-297	8	6	a	a	DET
ftr-297	8	7	partnership	partnership	NOUN
ftr-297	8	8	interest	interest	NOUN
ftr-297	8	9	.......	.......	PUNCT
ftr-297	8	10	.........	.........	PUNCT
ftr-297	8	11	122	122	NUM
ftr-297	8	12	i.	i.	NOUN
ftr-297	8	13	on	on	ADP
ftr-297	8	14	death	death	NOUN
ftr-297	8	15	of	of	ADP
ftr-297	8	16	partner	partner	NOUN
ftr-297	8	17	.	.	PUNCT
ftr-297	8	18	......................	......................	PUNCT
ftr-297	9	1	......	......	PUNCT
ftr-297	10	1	124	124	NUM
ftr-297	10	2	j.	j.	PROPN
ftr-297	10	3	mandatory	mandatory	ADJ
ftr-297	10	4	adjustment	adjustment	NOUN
ftr-297	10	5	to	to	PART
ftr-297	10	6	basis	basis	VERB
ftr-297	10	7	under	under	ADP
ftr-297	10	8	section	section	NOUN
ftr-297	10	9	743(b	743(b	PROPN
ftr-297	10	10	)	)	PUNCT
ftr-297	10	11	..........	..........	PUNCT
ftr-297	11	1	125	125	NUM
ftr-297	11	2	iii	iii	NOUN
ftr-297	11	3	.	.	PUNCT
ftr-297	12	1	allocating	allocate	VERB
ftr-297	12	2	optional	optional	ADJ
ftr-297	12	3	basis	basis	NOUN
ftr-297	12	4	adjustment	adjustment	NOUN
ftr-297	12	5	under	under	ADP
ftr-297	12	6	section	section	NOUN
ftr-297	12	7	743(b	743(b	PROPN
ftr-297	12	8	)	)	PUNCT
ftr-297	12	9	to	to	ADP
ftr-297	12	10	specific	specific	ADJ
ftr-297	12	11	partnership	partnership	NOUN
ftr-297	12	12	properties	property	NOUN
ftr-297	12	13	......	......	PUNCT
ftr-297	13	1	........	........	PUNCT
ftr-297	14	1	126	126	NUM
ftr-297	14	2	a.	a.	NOUN
ftr-297	14	3	allocating	allocate	VERB
ftr-297	14	4	the	the	DET
ftr-297	14	5	optional	optional	ADJ
ftr-297	14	6	adjustment	adjustment	NOUN
ftr-297	14	7	amount	amount	NOUN
ftr-297	14	8	section	section	NOUN
ftr-297	14	9	755	755	NUM
ftr-297	14	10	......	......	SYM
ftr-297	14	11	126	126	NUM
ftr-297	14	12	b.	b.	NOUN
ftr-297	15	1	the	the	DET
ftr-297	15	2	regulations	regulation	NOUN
ftr-297	15	3	.	.	PUNCT
ftr-297	16	1	.........................	.........................	PUNCT
ftr-297	16	2	......	......	PUNCT
ftr-297	17	1	127	127	NUM
ftr-297	17	2	*	*	PUNCT
ftr-297	17	3	professor	professor	NOUN
ftr-297	17	4	of	of	ADP
ftr-297	17	5	law	law	NOUN
ftr-297	17	6	and	and	CCONJ
ftr-297	17	7	director	director	NOUN
ftr-297	17	8	of	of	ADP
ftr-297	17	9	the	the	DET
ftr-297	17	10	tax	tax	NOUN
ftr-297	17	11	program	program	NOUN
ftr-297	17	12	at	at	ADP
ftr-297	17	13	northwestern	northwestern	ADJ
ftr-297	17	14	university	university	NOUN
ftr-297	17	15	.	.	PUNCT
ftr-297	18	1	a	a	DET
ftr-297	18	2	special	special	ADJ
ftr-297	18	3	thank	thank	NOUN
ftr-297	18	4	you	you	PRON
ftr-297	18	5	is	be	AUX
ftr-297	18	6	due	due	ADJ
ftr-297	18	7	the	the	DET
ftr-297	18	8	chattanooga	chattanooga	NOUN
ftr-297	18	9	tax	tax	NOUN
ftr-297	18	10	practitioners	practitioner	NOUN
ftr-297	18	11	group	group	NOUN
ftr-297	18	12	that	that	SCONJ
ftr-297	18	13	in	in	ADP
ftr-297	18	14	october	october	PROPN
ftr-297	18	15	2012	2012	NUM
ftr-297	18	16	requested	request	VERB
ftr-297	18	17	a	a	DET
ftr-297	18	18	presentation	presentation	NOUN
ftr-297	18	19	on	on	ADP
ftr-297	18	20	the	the	DET
ftr-297	18	21	§	§	PROPN
ftr-297	18	22	§	§	PROPN
ftr-297	18	23	743(b	743(b	PROPN
ftr-297	18	24	)	)	PUNCT
ftr-297	18	25	and	and	CCONJ
ftr-297	18	26	734(b	734(b	NOUN
ftr-297	18	27	)	)	PUNCT
ftr-297	18	28	basis	basis	NOUN
ftr-297	18	29	adjustments	adjustment	NOUN
ftr-297	18	30	.	.	PUNCT
ftr-297	19	1	that	that	DET
ftr-297	19	2	opportunity	opportunity	NOUN
ftr-297	19	3	and	and	CCONJ
ftr-297	19	4	a	a	DET
ftr-297	19	5	number	number	NOUN
ftr-297	19	6	of	of	ADP
ftr-297	19	7	drafts	draft	NOUN
ftr-297	19	8	led	lead	VERB
ftr-297	19	9	to	to	ADP
ftr-297	19	10	this	this	DET
ftr-297	19	11	article	article	NOUN
ftr-297	19	12	.	.	PUNCT
ftr-297	20	1	i	i	PRON
ftr-297	20	2	also	also	ADV
ftr-297	20	3	thank	thank	VERB
ftr-297	20	4	gabriela	gabriela	PROPN
ftr-297	20	5	olteanu	olteanu	NOUN
ftr-297	20	6	for	for	ADP
ftr-297	20	7	her	her	PRON
ftr-297	20	8	research	research	NOUN
ftr-297	20	9	assistance	assistance	NOUN
ftr-297	20	10	and	and	CCONJ
ftr-297	20	11	david	david	PROPN
ftr-297	20	12	cameron	cameron	PROPN
ftr-297	20	13	,	,	PUNCT
ftr-297	20	14	jeff	jeff	PROPN
ftr-297	20	15	kwall	kwall	PROPN
ftr-297	20	16	,	,	PUNCT
ftr-297	20	17	and	and	CCONJ
ftr-297	20	18	bob	bob	PROPN
ftr-297	20	19	wootton	wootton	PROPN
ftr-297	20	20	for	for	ADP
ftr-297	20	21	their	their	PRON
ftr-297	20	22	insightful	insightful	ADJ
ftr-297	20	23	comments	comment	NOUN
ftr-297	20	24	.	.	PUNCT
ftr-297	21	1	any	any	DET
ftr-297	21	2	errors	error	NOUN
ftr-297	21	3	,	,	PUNCT
ftr-297	21	4	of	of	ADP
ftr-297	21	5	course	course	NOUN
ftr-297	21	6	,	,	PUNCT
ftr-297	21	7	are	be	AUX
ftr-297	21	8	exclusively	exclusively	ADV
ftr-297	21	9	those	those	PRON
ftr-297	21	10	of	of	ADP
ftr-297	21	11	the	the	DET
ftr-297	21	12	author	author	NOUN
ftr-297	21	13	.	.	PUNCT
ftr-297	22	1	finally	finally	ADV
ftr-297	22	2	,	,	PUNCT
ftr-297	22	3	the	the	DET
ftr-297	22	4	support	support	NOUN
ftr-297	22	5	from	from	ADP
ftr-297	22	6	the	the	DET
ftr-297	22	7	northwestern	northwestern	ADJ
ftr-297	22	8	university	university	NOUN
ftr-297	22	9	school	school	NOUN
ftr-297	22	10	of	of	ADP
ftr-297	22	11	law	law	NOUN
ftr-297	22	12	faculty	faculty	NOUN
ftr-297	22	13	research	research	NOUN
ftr-297	22	14	program	program	NOUN
ftr-297	22	15	is	be	AUX
ftr-297	22	16	thankfully	thankfully	ADV
ftr-297	22	17	acknowledged	acknowledge	VERB
ftr-297	22	18	.	.	PUNCT
ftr-297	23	1	105	105	NUM
ftr-297	23	2	florida	florida	PROPN
ftr-297	23	3	tax	tax	NOUN
ftr-297	23	4	review	review	NOUN
ftr-297	23	5	1	1	NUM
ftr-297	23	6	.	.	X
ftr-297	23	7	allocation	allocation	NOUN
ftr-297	23	8	between	between	ADP
ftr-297	23	9	two	two	NUM
ftr-297	23	10	classes	class	NOUN
ftr-297	23	11	ofproperty	ofproperty	NOUN
ftr-297	23	12	..................	..................	PROPN
ftr-297	23	13	128	128	NUM
ftr-297	23	14	2	2	NUM
ftr-297	23	15	.	.	PUNCT
ftr-297	23	16	allocation	allocation	NOUN
ftr-297	23	17	to	to	ADP
ftr-297	23	18	property	property	NOUN
ftr-297	23	19	within	within	ADP
ftr-297	23	20	a	a	DET
ftr-297	23	21	class	class	NOUN
ftr-297	23	22	....	....	PUNCT
ftr-297	23	23	.........	.........	PUNCT
ftr-297	24	1	129	129	NUM
ftr-297	24	2	iv	iv	NUM
ftr-297	24	3	.	.	PUNCT
ftr-297	24	4	optional	optional	ADJ
ftr-297	24	5	adjustment	adjustment	NOUN
ftr-297	24	6	to	to	ADP
ftr-297	24	7	basis	basis	NOUN
ftr-297	24	8	of	of	ADP
ftr-297	24	9	undistributed	undistributed	ADJ
ftr-297	24	10	partnership	partnership	NOUN
ftr-297	24	11	property	property	NOUN
ftr-297	24	12	section	section	NOUN
ftr-297	24	13	734(b	734(b	PROPN
ftr-297	24	14	)	)	PUNCT
ftr-297	24	15	.	.	PUNCT
ftr-297	25	1	.............	.............	PUNCT
ftr-297	25	2	130	130	NUM
ftr-297	25	3	a.	a.	NOUN
ftr-297	25	4	reason	reason	NOUN
ftr-297	25	5	for	for	ADP
ftr-297	25	6	optional	optional	ADJ
ftr-297	25	7	adjustment	adjustment	NOUN
ftr-297	25	8	to	to	PART
ftr-297	25	9	basis	basis	VERB
ftr-297	25	10	ofpartnership	ofpartnership	NOUN
ftr-297	25	11	property	property	NOUN
ftr-297	25	12	following	follow	VERB
ftr-297	25	13	certain	certain	ADJ
ftr-297	25	14	distributions	distribution	NOUN
ftr-297	25	15	.....	.....	PUNCT
ftr-297	25	16	........	........	PUNCT
ftr-297	26	1	130	130	NUM
ftr-297	26	2	b.	b.	NOUN
ftr-297	26	3	analysis	analysis	NOUN
ftr-297	26	4	of	of	ADP
ftr-297	26	5	section	section	NOUN
ftr-297	26	6	734(b	734(b	PROPN
ftr-297	26	7	)	)	PUNCT
ftr-297	26	8	...................	...................	PUNCT
ftr-297	27	1	.....	.....	PUNCT
ftr-297	28	1	1	1	NUM
ftr-297	28	2	32	32	NUM
ftr-297	28	3	1	1	NUM
ftr-297	28	4	.	.	PUNCT
ftr-297	28	5	recognition	recognition	NOUN
ftr-297	28	6	of	of	ADP
ftr-297	28	7	gain	gain	NOUN
ftr-297	28	8	or	or	CCONJ
ftr-297	28	9	loss	loss	NOUN
ftr-297	28	10	.........................	.........................	PUNCT
ftr-297	28	11	133	133	NUM
ftr-297	28	12	2	2	NUM
ftr-297	28	13	.	.	PUNCT
ftr-297	28	14	basis	basis	NOUN
ftr-297	28	15	ofdistributed	ofdistribute	VERB
ftr-297	28	16	property	property	NOUN
ftr-297	28	17	...........	...........	PUNCT
ftr-297	28	18	.........	.........	PUNCT
ftr-297	29	1	133	133	NUM
ftr-297	29	2	3	3	X
ftr-297	29	3	.	.	PUNCT
ftr-297	29	4	illustration	illustration	NOUN
ftr-297	29	5	.......................	.......................	PUNCT
ftr-297	29	6	.........	.........	PUNCT
ftr-297	30	1	.........	.........	PUNCT
ftr-297	31	1	134	134	NUM
ftr-297	31	2	4	4	NUM
ftr-297	31	3	.	.	PUNCT
ftr-297	31	4	depreciation	depreciation	NOUN
ftr-297	31	5	and	and	CCONJ
ftr-297	31	6	amortization	amortization	NOUN
ftr-297	31	7	..................	..................	PUNCT
ftr-297	32	1	135	135	NUM
ftr-297	32	2	c.	c.	NOUN
ftr-297	32	3	some	some	DET
ftr-297	32	4	difficulties	difficulty	NOUN
ftr-297	32	5	in	in	ADP
ftr-297	32	6	the	the	DET
ftr-297	32	7	operation	operation	NOUN
ftr-297	32	8	of	of	ADP
ftr-297	32	9	section	section	NOUN
ftr-297	32	10	734(b	734(b	PROPN
ftr-297	32	11	)	)	PUNCT
ftr-297	32	12	............	............	PUNCT
ftr-297	33	1	135	135	NUM
ftr-297	33	2	d.	d.	PROPN
ftr-297	33	3	mandatory	mandatory	ADJ
ftr-297	33	4	application	application	NOUN
ftr-297	33	5	of	of	ADP
ftr-297	33	6	section	section	NOUN
ftr-297	33	7	734(b	734(b	PROPN
ftr-297	33	8	)	)	PUNCT
ftr-297	33	9	....	....	PUNCT
ftr-297	34	1	..............	..............	PUNCT
ftr-297	35	1	138	138	NUM
ftr-297	35	2	v.	v.	ADP
ftr-297	35	3	allocation	allocation	NOUN
ftr-297	35	4	of	of	ADP
ftr-297	35	5	section	section	NOUN
ftr-297	35	6	734(b	734(b	PROPN
ftr-297	35	7	)	)	PUNCT
ftr-297	35	8	basis	basis	NOUN
ftr-297	35	9	adjustment	adjustment	NOUN
ftr-297	35	10	among	among	ADP
ftr-297	35	11	undistributed	undistributed	ADJ
ftr-297	35	12	partnership	partnership	NOUN
ftr-297	35	13	properties	property	NOUN
ftr-297	35	14	.......	.......	PUNCT
ftr-297	35	15	.........	.........	PUNCT
ftr-297	36	1	140	140	NUM
ftr-297	36	2	vi	vi	NOUN
ftr-297	36	3	.	.	PROPN
ftr-297	36	4	section	section	NOUN
ftr-297	36	5	732(d	732(d	PROPN
ftr-297	36	6	)	)	PUNCT
ftr-297	36	7	safety	safety	NOUN
ftr-297	36	8	valve	valve	NOUN
ftr-297	36	9	for	for	ADP
ftr-297	36	10	transferee	transferee	PROPN
ftr-297	36	11	partner	partner	NOUN
ftr-297	36	12	if	if	SCONJ
ftr-297	36	13	no	no	DET
ftr-297	36	14	section	section	NOUN
ftr-297	36	15	754	754	NUM
ftr-297	36	16	election	election	NOUN
ftr-297	36	17	to	to	PART
ftr-297	36	18	adjust	adjust	VERB
ftr-297	36	19	basis	basis	NOUN
ftr-297	36	20	......	......	PUNCT
ftr-297	36	21	143	143	NUM
ftr-297	36	22	a.	a.	NOUN
ftr-297	36	23	the	the	DET
ftr-297	36	24	conditions	condition	NOUN
ftr-297	36	25	and	and	CCONJ
ftr-297	36	26	method	method	NOUN
ftr-297	36	27	of	of	ADP
ftr-297	36	28	section	section	NOUN
ftr-297	36	29	732(d	732(d	PROPN
ftr-297	36	30	)	)	PUNCT
ftr-297	36	31	.......................	.......................	PUNCT
ftr-297	37	1	143	143	NUM
ftr-297	37	2	b.	b.	PROPN
ftr-297	37	3	basis	basis	NOUN
ftr-297	37	4	of	of	ADP
ftr-297	37	5	the	the	DET
ftr-297	37	6	distributed	distribute	VERB
ftr-297	37	7	property	property	NOUN
ftr-297	37	8	...........	...........	PUNCT
ftr-297	37	9	..............	..............	PUNCT
ftr-297	37	10	145	145	NUM
ftr-297	37	11	c.	c.	NOUN
ftr-297	37	12	distribution	distribution	NOUN
ftr-297	37	13	of	of	ADP
ftr-297	37	14	unadjusted	unadjusted	ADJ
ftr-297	37	15	property	property	NOUN
ftr-297	37	16	....................	....................	PUNCT
ftr-297	37	17	146	146	NUM
ftr-297	37	18	d.	d.	NOUN
ftr-297	37	19	application	application	NOUN
ftr-297	37	20	ofsection	ofsection	NOUN
ftr-297	37	21	732(d	732(d	PROPN
ftr-297	37	22	)	)	PUNCT
ftr-297	37	23	by	by	ADP
ftr-297	37	24	requirement	requirement	NOUN
ftr-297	37	25	of	of	ADP
ftr-297	37	26	commissioner	commissioner	NOUN
ftr-297	37	27	.	.	PUNCT
ftr-297	38	1	................................	................................	PUNCT
ftr-297	39	1	146	146	NUM
ftr-297	39	2	vii	vii	PROPN
ftr-297	39	3	.	.	PUNCT
ftr-297	39	4	traps	trap	NOUN
ftr-297	39	5	for	for	ADP
ftr-297	39	6	the	the	DET
ftr-297	39	7	unwary	unwary	ADJ
ftr-297	39	8	and	and	CCONJ
ftr-297	39	9	tax	tax	NOUN
ftr-297	39	10	planning	planning	NOUN
ftr-297	39	11	opportunities	opportunity	NOUN
ftr-297	39	12	...........................................	...........................................	PUNCT
ftr-297	39	13	147	147	NUM
ftr-297	39	14	viii	viii	NOUN
ftr-297	39	15	.	.	PUNCT
ftr-297	40	1	analysis	analysis	NOUN
ftr-297	40	2	of	of	ADP
ftr-297	40	3	arguments	argument	NOUN
ftr-297	40	4	supporting	support	VERB
ftr-297	40	5	the	the	DET
ftr-297	40	6	elective	elective	ADJ
ftr-297	40	7	aspect	aspect	NOUN
ftr-297	40	8	of	of	ADP
ftr-297	40	9	the	the	DET
ftr-297	40	10	basis	basis	NOUN
ftr-297	40	11	adjustments	adjustment	NOUN
ftr-297	40	12	of	of	ADP
ftr-297	40	13	sections	section	NOUN
ftr-297	40	14	734(b	734(b	NUM
ftr-297	40	15	)	)	PUNCT
ftr-297	40	16	and	and	CCONJ
ftr-297	40	17	743(b	743(b	NUM
ftr-297	40	18	)	)	PUNCT
ftr-297	40	19	..................................	..................................	PUNCT
ftr-297	41	1	.............	.............	PUNCT
ftr-297	42	1	149	149	NUM
ftr-297	42	2	ix	ix	NOUN
ftr-297	42	3	.	.	PUNCT
ftr-297	42	4	reasons	reason	NOUN
ftr-297	42	5	for	for	ADP
ftr-297	42	6	making	make	VERB
ftr-297	42	7	the	the	DET
ftr-297	42	8	sections	section	NOUN
ftr-297	42	9	734(b	734(b	NUM
ftr-297	42	10	)	)	PUNCT
ftr-297	42	11	and	and	CCONJ
ftr-297	42	12	743(b	743(b	NUM
ftr-297	42	13	)	)	PUNCT
ftr-297	42	14	basis	basis	NOUN
ftr-297	42	15	adjustments	adjustment	NOUN
ftr-297	42	16	mandatory	mandatory	ADJ
ftr-297	42	17	.	.	PUNCT
ftr-297	42	18	...............	...............	PUNCT
ftr-297	43	1	...............	...............	PUNCT
ftr-297	43	2	151	151	NUM
ftr-297	43	3	x.	x.	NOUN
ftr-297	43	4	conclusion	conclusion	NOUN
ftr-297	43	5	......................................	......................................	PUNCT
ftr-297	43	6	.......	.......	PUNCT
ftr-297	43	7	154	154	NUM
ftr-297	43	8	i.	i.	NOUN
ftr-297	43	9	introduction	introduction	NOUN
ftr-297	43	10	the	the	DET
ftr-297	43	11	optional	optional	ADJ
ftr-297	43	12	basis	basis	NOUN
ftr-297	43	13	adjustments	adjustment	NOUN
ftr-297	43	14	of	of	ADP
ftr-297	43	15	subchapter	subchapter	NOUN
ftr-297	43	16	k	k	PROPN
ftr-297	43	17	have	have	AUX
ftr-297	43	18	occupied	occupy	VERB
ftr-297	43	19	a	a	DET
ftr-297	43	20	prominent	prominent	ADJ
ftr-297	43	21	position	position	NOUN
ftr-297	43	22	in	in	ADP
ftr-297	43	23	tax	tax	NOUN
ftr-297	43	24	planning	planning	NOUN
ftr-297	43	25	and	and	CCONJ
ftr-297	43	26	partnership	partnership	NOUN
ftr-297	43	27	operations	operation	NOUN
ftr-297	43	28	for	for	ADP
ftr-297	43	29	the	the	DET
ftr-297	43	30	past	past	ADJ
ftr-297	43	31	60	60	NUM
ftr-297	43	32	years	year	NOUN
ftr-297	43	33	.	.	PUNCT
ftr-297	44	1	in	in	ADP
ftr-297	44	2	the	the	DET
ftr-297	44	3	dispositional	dispositional	ADJ
ftr-297	44	4	context	context	NOUN
ftr-297	44	5	,	,	PUNCT
ftr-297	44	6	the	the	DET
ftr-297	44	7	general	general	ADJ
ftr-297	44	8	approach	approach	NOUN
ftr-297	44	9	of	of	ADP
ftr-297	44	10	the	the	DET
ftr-297	44	11	code	code	NOUN
ftr-297	44	12	to	to	ADP
ftr-297	44	13	the	the	DET
ftr-297	44	14	taxation	taxation	NOUN
ftr-297	44	15	of	of	ADP
ftr-297	44	16	partnerships	partnership	NOUN
ftr-297	44	17	and	and	CCONJ
ftr-297	44	18	their	their	PRON
ftr-297	44	19	partners	partner	NOUN
ftr-297	44	20	treats	treat	VERB
ftr-297	44	21	the	the	DET
ftr-297	44	22	partnership	partnership	NOUN
ftr-297	44	23	as	as	ADP
ftr-297	44	24	an	an	DET
ftr-297	44	25	entity	entity	NOUN
ftr-297	44	26	,	,	PUNCT
ftr-297	44	27	separate	separate	ADJ
ftr-297	44	28	and	and	CCONJ
ftr-297	44	29	distinct	distinct	ADJ
ftr-297	44	30	from	from	ADP
ftr-297	44	31	its	its	PRON
ftr-297	44	32	partners	partner	NOUN
ftr-297	44	33	.	.	PUNCT
ftr-297	45	1	thus	thus	ADV
ftr-297	45	2	,	,	PUNCT
ftr-297	45	3	if	if	SCONJ
ftr-297	45	4	a	a	DET
ftr-297	45	5	partner	partner	NOUN
ftr-297	45	6	disposes	dispose	VERB
ftr-297	45	7	of	of	ADP
ftr-297	45	8	his	his	PRON
ftr-297	45	9	partnership	partnership	NOUN
ftr-297	45	10	interest	interest	NOUN
ftr-297	45	11	by	by	ADP
ftr-297	45	12	sale	sale	NOUN
ftr-297	45	13	to	to	ADP
ftr-297	45	14	a	a	DET
ftr-297	45	15	third	third	ADJ
ftr-297	45	16	party	party	NOUN
ftr-297	45	17	,	,	PUNCT
ftr-297	45	18	no	no	DET
ftr-297	45	19	adjustment	adjustment	NOUN
ftr-297	45	20	or	or	CCONJ
ftr-297	45	21	modification	modification	NOUN
ftr-297	45	22	of	of	ADP
ftr-297	45	23	the	the	DET
ftr-297	45	24	bases	basis	NOUN
ftr-297	45	25	of	of	ADP
ftr-297	45	26	the	the	DET
ftr-297	45	27	assets	asset	NOUN
ftr-297	45	28	of	of	ADP
ftr-297	45	29	the	the	DET
ftr-297	45	30	partnership	partnership	NOUN
ftr-297	45	31	occurs	occur	VERB
ftr-297	45	32	.	.	PUNCT
ftr-297	46	1	such	such	ADJ
ftr-297	46	2	is	be	AUX
ftr-297	46	3	the	the	DET
ftr-297	46	4	case	case	NOUN
ftr-297	46	5	even	even	ADV
ftr-297	46	6	though	though	SCONJ
ftr-297	46	7	ownership	ownership	NOUN
ftr-297	46	8	of	of	ADP
ftr-297	46	9	the	the	DET
ftr-297	46	10	partnership	partnership	NOUN
ftr-297	46	11	has	have	AUX
ftr-297	46	12	been	be	AUX
ftr-297	46	13	altered	alter	VERB
ftr-297	46	14	and	and	CCONJ
ftr-297	46	15	the	the	DET
ftr-297	46	16	purchase	purchase	NOUN
ftr-297	46	17	price	price	NOUN
ftr-297	46	18	for	for	ADP
ftr-297	46	19	the	the	DET
ftr-297	46	20	interest	interest	NOUN
ftr-297	46	21	reflects	reflect	VERB
ftr-297	46	22	the	the	DET
ftr-297	46	23	fair	fair	ADJ
ftr-297	46	24	market	market	NOUN
ftr-297	46	25	value	value	NOUN
ftr-297	46	26	of	of	ADP
ftr-297	46	27	the	the	DET
ftr-297	46	28	partner	partner	NOUN
ftr-297	46	29	's	's	PART
ftr-297	46	30	underlying	underlie	VERB
ftr-297	46	31	share	share	NOUN
ftr-297	46	32	of	of	ADP
ftr-297	46	33	the	the	DET
ftr-297	46	34	partnership	partnership	NOUN
ftr-297	46	35	assets	asset	NOUN
ftr-297	46	36	.	.	PUNCT
ftr-297	47	1	similarly	similarly	ADV
ftr-297	47	2	,	,	PUNCT
ftr-297	47	3	if	if	SCONJ
ftr-297	47	4	a	a	DET
ftr-297	47	5	partner	partner	NOUN
ftr-297	47	6	's	's	PART
ftr-297	47	7	interest	interest	NOUN
ftr-297	47	8	is	be	AUX
ftr-297	47	9	liquidated	liquidate	VERB
ftr-297	47	10	by	by	ADP
ftr-297	47	11	the	the	DET
ftr-297	47	12	106	106	NUM
ftr-297	47	13	[	[	NOUN
ftr-297	47	14	vol	vol	NOUN
ftr-297	47	15	.	.	PUNCT
ftr-297	48	1	15:3	15:3	NUM
ftr-297	48	2	optional	optional	ADJ
ftr-297	48	3	basis	basis	NOUN
ftr-297	48	4	adjustments	adjustment	NOUN
ftr-297	48	5	under	under	ADP
ftr-297	48	6	subchapter	subchapter	NOUN
ftr-297	48	7	k	k	PROPN
ftr-297	48	8	partnership	partnership	NOUN
ftr-297	48	9	,	,	PUNCT
ftr-297	48	10	although	although	SCONJ
ftr-297	48	11	the	the	DET
ftr-297	48	12	value	value	NOUN
ftr-297	48	13	of	of	ADP
ftr-297	48	14	the	the	DET
ftr-297	48	15	distributed	distribute	VERB
ftr-297	48	16	assets	asset	NOUN
ftr-297	48	17	equals	equal	VERB
ftr-297	48	18	that	that	PRON
ftr-297	48	19	of	of	ADP
ftr-297	48	20	the	the	DET
ftr-297	48	21	relinquished	relinquished	ADJ
ftr-297	48	22	partnership	partnership	NOUN
ftr-297	48	23	interest	interest	NOUN
ftr-297	48	24	,	,	PUNCT
ftr-297	48	25	the	the	DET
ftr-297	48	26	bases	basis	NOUN
ftr-297	48	27	of	of	ADP
ftr-297	48	28	the	the	DET
ftr-297	48	29	partnership	partnership	NOUN
ftr-297	48	30	's	's	PART
ftr-297	48	31	remaining	remain	VERB
ftr-297	48	32	assets	asset	NOUN
ftr-297	48	33	are	be	AUX
ftr-297	48	34	unaffected	unaffected	ADJ
ftr-297	48	35	.	.	PUNCT
ftr-297	49	1	thus	thus	ADV
ftr-297	49	2	,	,	PUNCT
ftr-297	49	3	in	in	ADP
ftr-297	49	4	the	the	DET
ftr-297	49	5	case	case	NOUN
ftr-297	49	6	of	of	ADP
ftr-297	49	7	a	a	DET
ftr-297	49	8	disposition	disposition	NOUN
ftr-297	49	9	by	by	ADP
ftr-297	49	10	sale	sale	NOUN
ftr-297	49	11	or	or	CCONJ
ftr-297	49	12	liquidation	liquidation	NOUN
ftr-297	49	13	for	for	ADP
ftr-297	49	14	cash	cash	NOUN
ftr-297	49	15	of	of	ADP
ftr-297	49	16	an	an	DET
ftr-297	49	17	appreciated	appreciated	ADJ
ftr-297	49	18	partnership	partnership	NOUN
ftr-297	49	19	interest	interest	NOUN
ftr-297	49	20	,	,	PUNCT
ftr-297	49	21	although	although	SCONJ
ftr-297	49	22	the	the	DET
ftr-297	49	23	seller	seller	NOUN
ftr-297	49	24	/	/	SYM
ftr-297	49	25	distributee	distributee	NOUN
ftr-297	49	26	is	be	AUX
ftr-297	49	27	taxed	tax	VERB
ftr-297	49	28	on	on	ADP
ftr-297	49	29	the	the	DET
ftr-297	49	30	gain	gain	NOUN
ftr-297	49	31	,	,	PUNCT
ftr-297	49	32	without	without	ADP
ftr-297	49	33	a	a	DET
ftr-297	49	34	basis	basis	NOUN
ftr-297	49	35	adjustment	adjustment	NOUN
ftr-297	49	36	,	,	PUNCT
ftr-297	49	37	the	the	DET
ftr-297	49	38	purchaser	purchaser	NOUN
ftr-297	49	39	or	or	CCONJ
ftr-297	49	40	the	the	DET
ftr-297	49	41	remaining	remain	VERB
ftr-297	49	42	partners	partner	NOUN
ftr-297	49	43	will	will	AUX
ftr-297	49	44	be	be	AUX
ftr-297	49	45	taxed	tax	VERB
ftr-297	49	46	on	on	ADP
ftr-297	49	47	the	the	DET
ftr-297	49	48	same	same	ADJ
ftr-297	49	49	gain	gain	NOUN
ftr-297	49	50	when	when	SCONJ
ftr-297	49	51	realized	realize	VERB
ftr-297	49	52	by	by	ADP
ftr-297	49	53	the	the	DET
ftr-297	49	54	partnership	partnership	NOUN
ftr-297	49	55	.	.	PUNCT
ftr-297	50	1	in	in	ADP
ftr-297	50	2	a	a	DET
ftr-297	50	3	similar	similar	ADJ
ftr-297	50	4	fashion	fashion	NOUN
ftr-297	50	5	,	,	PUNCT
ftr-297	50	6	for	for	ADP
ftr-297	50	7	a	a	DET
ftr-297	50	8	depreciated	depreciate	VERB
ftr-297	50	9	partnership	partnership	NOUN
ftr-297	50	10	interest	interest	NOUN
ftr-297	50	11	,	,	PUNCT
ftr-297	50	12	a	a	DET
ftr-297	50	13	"	"	PUNCT
ftr-297	50	14	duplication	duplication	NOUN
ftr-297	50	15	of	of	ADP
ftr-297	50	16	loss	loss	NOUN
ftr-297	50	17	"	"	PUNCT
ftr-297	50	18	will	will	AUX
ftr-297	50	19	arise	arise	VERB
ftr-297	50	20	,	,	PUNCT
ftr-297	50	21	i.e.	i.e.	X
ftr-297	50	22	,	,	PUNCT
ftr-297	50	23	at	at	ADP
ftr-297	50	24	both	both	CCONJ
ftr-297	50	25	the	the	DET
ftr-297	50	26	partner	partner	NOUN
ftr-297	50	27	and	and	CCONJ
ftr-297	50	28	the	the	DET
ftr-297	50	29	partnership	partnership	NOUN
ftr-297	50	30	level	level	NOUN
ftr-297	50	31	.	.	PUNCT
ftr-297	51	1	by	by	ADP
ftr-297	51	2	affording	afford	VERB
ftr-297	51	3	the	the	DET
ftr-297	51	4	purchaser	purchaser	NOUN
ftr-297	51	5	and/or	and/or	CCONJ
ftr-297	51	6	the	the	DET
ftr-297	51	7	remaining	remain	VERB
ftr-297	51	8	partners	partner	NOUN
ftr-297	51	9	an	an	DET
ftr-297	51	10	elective	elective	ADJ
ftr-297	51	11	basis	basis	NOUN
ftr-297	51	12	adjustment	adjustment	NOUN
ftr-297	51	13	in	in	ADP
ftr-297	51	14	such	such	ADJ
ftr-297	51	15	settings	setting	NOUN
ftr-297	51	16	,	,	PUNCT
ftr-297	51	17	congress	congress	PROPN
ftr-297	51	18	has	have	AUX
ftr-297	51	19	permitted	permit	VERB
ftr-297	51	20	the	the	DET
ftr-297	51	21	impacted	impact	VERB
ftr-297	51	22	parties	party	NOUN
ftr-297	51	23	to	to	PART
ftr-297	51	24	switch	switch	VERB
ftr-297	51	25	to	to	ADP
ftr-297	51	26	an	an	DET
ftr-297	51	27	aggregate	aggregate	ADJ
ftr-297	51	28	treatment	treatment	NOUN
ftr-297	51	29	of	of	ADP
ftr-297	51	30	the	the	DET
ftr-297	51	31	enterprise	enterprise	NOUN
ftr-297	51	32	and	and	CCONJ
ftr-297	51	33	generate	generate	VERB
ftr-297	51	34	basis	basis	NOUN
ftr-297	51	35	adjustments	adjustment	NOUN
ftr-297	51	36	for	for	ADP
ftr-297	51	37	the	the	DET
ftr-297	51	38	assets	asset	NOUN
ftr-297	51	39	of	of	ADP
ftr-297	51	40	the	the	DET
ftr-297	51	41	partnership	partnership	NOUN
ftr-297	51	42	.	.	PUNCT
ftr-297	52	1	through	through	ADP
ftr-297	52	2	the	the	DET
ftr-297	52	3	adjustment	adjustment	NOUN
ftr-297	52	4	,	,	PUNCT
ftr-297	52	5	the	the	DET
ftr-297	52	6	aggregate	aggregate	ADJ
ftr-297	52	7	inside	inside	ADJ
ftr-297	52	8	basis	basis	NOUN
ftr-297	52	9	of	of	ADP
ftr-297	52	10	the	the	DET
ftr-297	52	11	partnership	partnership	NOUN
ftr-297	52	12	's	's	PART
ftr-297	52	13	assets	asset	NOUN
ftr-297	52	14	generally	generally	ADV
ftr-297	52	15	will	will	AUX
ftr-297	52	16	equal	equal	VERB
ftr-297	52	17	the	the	DET
ftr-297	52	18	aggregate	aggregate	ADJ
ftr-297	52	19	outside	outside	ADJ
ftr-297	52	20	basis	basis	NOUN
ftr-297	52	21	for	for	ADP
ftr-297	52	22	the	the	DET
ftr-297	52	23	partnership	partnership	NOUN
ftr-297	52	24	interests	interest	NOUN
ftr-297	52	25	.	.	PUNCT
ftr-297	53	1	as	as	ADP
ftr-297	53	2	a	a	DET
ftr-297	53	3	consequence	consequence	NOUN
ftr-297	53	4	,	,	PUNCT
ftr-297	53	5	the	the	DET
ftr-297	53	6	duplication	duplication	NOUN
ftr-297	53	7	of	of	ADP
ftr-297	53	8	gains	gain	NOUN
ftr-297	53	9	and	and	CCONJ
ftr-297	53	10	losses	loss	NOUN
ftr-297	53	11	from	from	ADP
ftr-297	53	12	a	a	DET
ftr-297	53	13	tax	tax	NOUN
ftr-297	53	14	policy	policy	NOUN
ftr-297	53	15	standpoint	standpoint	NOUN
ftr-297	53	16	is	be	AUX
ftr-297	53	17	minimized	minimize	VERB
ftr-297	53	18	,	,	PUNCT
ftr-297	53	19	if	if	SCONJ
ftr-297	53	20	not	not	PART
ftr-297	53	21	eliminated	eliminate	VERB
ftr-297	53	22	.	.	PUNCT
ftr-297	54	1	as	as	ADP
ftr-297	54	2	with	with	ADP
ftr-297	54	3	all	all	DET
ftr-297	54	4	elective	elective	ADJ
ftr-297	54	5	provisions	provision	NOUN
ftr-297	54	6	,	,	PUNCT
ftr-297	54	7	the	the	DET
ftr-297	54	8	basis	basis	NOUN
ftr-297	54	9	adjustment	adjustment	NOUN
ftr-297	54	10	option	option	NOUN
ftr-297	54	11	,	,	PUNCT
ftr-297	54	12	to	to	ADP
ftr-297	54	13	some	some	DET
ftr-297	54	14	extent	extent	NOUN
ftr-297	54	15	,	,	PUNCT
ftr-297	54	16	permits	permit	VERB
ftr-297	54	17	taxpayers	taxpayer	NOUN
ftr-297	54	18	with	with	ADP
ftr-297	54	19	full	full	ADJ
ftr-297	54	20	information	information	NOUN
ftr-297	54	21	to	to	PART
ftr-297	54	22	effectuate	effectuate	VERB
ftr-297	54	23	win	win	NOUN
ftr-297	54	24	-	-	PUNCT
ftr-297	54	25	win	win	NOUN
ftr-297	54	26	situations	situation	NOUN
ftr-297	54	27	.	.	PUNCT
ftr-297	55	1	if	if	SCONJ
ftr-297	55	2	the	the	DET
ftr-297	55	3	adjustment	adjustment	NOUN
ftr-297	55	4	produces	produce	VERB
ftr-297	55	5	beneficial	beneficial	ADJ
ftr-297	55	6	results	result	NOUN
ftr-297	55	7	,	,	PUNCT
ftr-297	55	8	i.e.	i.e.	X
ftr-297	55	9	,	,	PUNCT
ftr-297	55	10	elimination	elimination	NOUN
ftr-297	55	11	of	of	ADP
ftr-297	55	12	additional	additional	ADJ
ftr-297	55	13	income	income	NOUN
ftr-297	55	14	recognition	recognition	NOUN
ftr-297	55	15	and	and	CCONJ
ftr-297	55	16	possible	possible	ADJ
ftr-297	55	17	increased	increase	VERB
ftr-297	55	18	depreciation	depreciation	NOUN
ftr-297	55	19	and	and	CCONJ
ftr-297	55	20	amortization	amortization	NOUN
ftr-297	55	21	deductions	deduction	NOUN
ftr-297	55	22	,	,	PUNCT
ftr-297	55	23	the	the	DET
ftr-297	55	24	election	election	NOUN
ftr-297	55	25	will	will	AUX
ftr-297	55	26	be	be	AUX
ftr-297	55	27	made	make	VERB
ftr-297	55	28	and	and	CCONJ
ftr-297	55	29	"	"	PUNCT
ftr-297	55	30	double	double	ADJ
ftr-297	55	31	taxation	taxation	NOUN
ftr-297	55	32	"	"	PUNCT
ftr-297	55	33	avoided	avoid	VERB
ftr-297	55	34	.	.	PUNCT
ftr-297	56	1	should	should	AUX
ftr-297	56	2	an	an	DET
ftr-297	56	3	election	election	NOUN
ftr-297	56	4	prove	prove	VERB
ftr-297	56	5	disadvantageous	disadvantageous	ADJ
ftr-297	56	6	,	,	PUNCT
ftr-297	56	7	i.e.	i.e.	X
ftr-297	56	8	,	,	PUNCT
ftr-297	56	9	the	the	DET
ftr-297	56	10	elimination	elimination	NOUN
ftr-297	56	11	of	of	ADP
ftr-297	56	12	additional	additional	ADJ
ftr-297	56	13	loss	loss	NOUN
ftr-297	56	14	availability	availability	NOUN
ftr-297	56	15	and	and	CCONJ
ftr-297	56	16	possible	possible	ADJ
ftr-297	56	17	decreased	decrease	VERB
ftr-297	56	18	depreciation	depreciation	NOUN
ftr-297	56	19	and	and	CCONJ
ftr-297	56	20	amortization	amortization	NOUN
ftr-297	56	21	deductions	deduction	NOUN
ftr-297	56	22	,	,	PUNCT
ftr-297	56	23	the	the	DET
ftr-297	56	24	parties	party	NOUN
ftr-297	56	25	will	will	AUX
ftr-297	56	26	refrain	refrain	VERB
ftr-297	56	27	from	from	ADP
ftr-297	56	28	doing	do	VERB
ftr-297	56	29	so	so	ADV
ftr-297	56	30	and	and	CCONJ
ftr-297	56	31	loss	loss	NOUN
ftr-297	56	32	duplication	duplication	NOUN
ftr-297	56	33	will	will	AUX
ftr-297	56	34	ensue	ensue	VERB
ftr-297	56	35	.	.	PUNCT
ftr-297	57	1	after	after	ADP
ftr-297	57	2	60	60	NUM
ftr-297	57	3	years	year	NOUN
ftr-297	57	4	,	,	PUNCT
ftr-297	57	5	the	the	DET
ftr-297	57	6	rationale	rationale	NOUN
ftr-297	57	7	for	for	ADP
ftr-297	57	8	the	the	DET
ftr-297	57	9	continuation	continuation	NOUN
ftr-297	57	10	of	of	ADP
ftr-297	57	11	the	the	DET
ftr-297	57	12	election	election	NOUN
ftr-297	57	13	should	should	AUX
ftr-297	57	14	be	be	AUX
ftr-297	57	15	scrutinized	scrutinize	VERB
ftr-297	57	16	and	and	CCONJ
ftr-297	57	17	assessed	assess	VERB
ftr-297	57	18	from	from	ADP
ftr-297	57	19	a	a	DET
ftr-297	57	20	tax	tax	NOUN
ftr-297	57	21	policy	policy	NOUN
ftr-297	57	22	standpoint	standpoint	NOUN
ftr-297	57	23	.	.	PUNCT
ftr-297	58	1	whatever	whatever	PRON
ftr-297	58	2	the	the	DET
ftr-297	58	3	wisdom	wisdom	NOUN
ftr-297	58	4	behind	behind	ADP
ftr-297	58	5	such	such	ADJ
ftr-297	58	6	elective	elective	ADJ
ftr-297	58	7	provisions	provision	NOUN
ftr-297	58	8	when	when	SCONJ
ftr-297	58	9	enacted	enact	VERB
ftr-297	58	10	in	in	ADP
ftr-297	58	11	1954	1954	NUM
ftr-297	58	12	,	,	PUNCT
ftr-297	58	13	their	their	PRON
ftr-297	58	14	existence	existence	NOUN
ftr-297	58	15	should	should	AUX
ftr-297	58	16	be	be	AUX
ftr-297	58	17	revisited	revisit	VERB
ftr-297	58	18	in	in	ADP
ftr-297	58	19	the	the	DET
ftr-297	58	20	modern	modern	ADJ
ftr-297	58	21	context	context	NOUN
ftr-297	58	22	and	and	CCONJ
ftr-297	58	23	a	a	DET
ftr-297	58	24	determination	determination	NOUN
ftr-297	58	25	made	make	VERB
ftr-297	58	26	as	as	ADP
ftr-297	58	27	to	to	ADP
ftr-297	58	28	whether	whether	SCONJ
ftr-297	58	29	that	that	DET
ftr-297	58	30	rationale	rationale	NOUN
ftr-297	58	31	continues	continue	VERB
ftr-297	58	32	today	today	NOUN
ftr-297	58	33	.	.	PUNCT
ftr-297	59	1	in	in	ADP
ftr-297	59	2	light	light	NOUN
ftr-297	59	3	of	of	ADP
ftr-297	59	4	the	the	DET
ftr-297	59	5	recent	recent	ADJ
ftr-297	59	6	regulatory	regulatory	ADJ
ftr-297	59	7	and	and	CCONJ
ftr-297	59	8	legislative	legislative	ADJ
ftr-297	59	9	tinkering	tinker	VERB
ftr-297	59	10	with	with	ADP
ftr-297	59	11	the	the	DET
ftr-297	59	12	election	election	NOUN
ftr-297	59	13	,	,	PUNCT
ftr-297	59	14	the	the	DET
ftr-297	59	15	question	question	NOUN
ftr-297	59	16	presented	present	VERB
ftr-297	59	17	is	be	AUX
ftr-297	59	18	whether	whether	SCONJ
ftr-297	59	19	the	the	DET
ftr-297	59	20	basis	basis	NOUN
ftr-297	59	21	adjustment	adjustment	NOUN
ftr-297	59	22	provisions	provision	NOUN
ftr-297	59	23	should	should	AUX
ftr-297	59	24	be	be	AUX
ftr-297	59	25	mandatory	mandatory	ADJ
ftr-297	59	26	in	in	ADP
ftr-297	59	27	all	all	DET
ftr-297	59	28	cases	case	NOUN
ftr-297	59	29	involving	involve	VERB
ftr-297	59	30	the	the	DET
ftr-297	59	31	disposition	disposition	NOUN
ftr-297	59	32	of	of	ADP
ftr-297	59	33	a	a	DET
ftr-297	59	34	partnership	partnership	NOUN
ftr-297	59	35	interest	interest	NOUN
ftr-297	59	36	by	by	ADP
ftr-297	59	37	sale	sale	NOUN
ftr-297	59	38	or	or	CCONJ
ftr-297	59	39	exchange	exchange	NOUN
ftr-297	59	40	as	as	ADV
ftr-297	59	41	well	well	ADV
ftr-297	59	42	as	as	ADP
ftr-297	59	43	by	by	ADP
ftr-297	59	44	partial	partial	ADJ
ftr-297	59	45	or	or	CCONJ
ftr-297	59	46	complete	complete	ADJ
ftr-297	59	47	liquidation	liquidation	NOUN
ftr-297	59	48	.	.	PUNCT
ftr-297	60	1	this	this	DET
ftr-297	60	2	article	article	NOUN
ftr-297	60	3	is	be	AUX
ftr-297	60	4	divided	divide	VERB
ftr-297	60	5	into	into	ADP
ftr-297	60	6	ten	ten	NUM
ftr-297	60	7	parts	part	NOUN
ftr-297	60	8	.	.	PUNCT
ftr-297	61	1	in	in	ADP
ftr-297	61	2	part	part	PROPN
ftr-297	61	3	ii	ii	PROPN
ftr-297	61	4	,	,	PUNCT
ftr-297	61	5	the	the	DET
ftr-297	61	6	purpose	purpose	NOUN
ftr-297	61	7	and	and	CCONJ
ftr-297	61	8	application	application	NOUN
ftr-297	61	9	of	of	ADP
ftr-297	61	10	the	the	DET
ftr-297	61	11	section	section	NOUN
ftr-297	61	12	743(b	743(b	PROPN
ftr-297	61	13	)	)	PUNCT
ftr-297	61	14	basis	basis	NOUN
ftr-297	61	15	adjustment	adjustment	NOUN
ftr-297	61	16	is	be	AUX
ftr-297	61	17	examined	examine	VERB
ftr-297	61	18	.	.	PUNCT
ftr-297	62	1	the	the	DET
ftr-297	62	2	adjustment	adjustment	NOUN
ftr-297	62	3	,	,	PUNCT
ftr-297	62	4	if	if	SCONJ
ftr-297	62	5	elected	elect	VERB
ftr-297	62	6	,	,	PUNCT
ftr-297	62	7	generally	generally	ADV
ftr-297	62	8	applies	apply	VERB
ftr-297	62	9	to	to	ADP
ftr-297	62	10	the	the	DET
ftr-297	62	11	transfer	transfer	NOUN
ftr-297	62	12	of	of	ADP
ftr-297	62	13	a	a	DET
ftr-297	62	14	partnership	partnership	NOUN
ftr-297	62	15	interest	interest	NOUN
ftr-297	62	16	by	by	ADP
ftr-297	62	17	sale	sale	NOUN
ftr-297	62	18	or	or	CCONJ
ftr-297	62	19	exchange	exchange	NOUN
ftr-297	62	20	or	or	CCONJ
ftr-297	62	21	by	by	ADP
ftr-297	62	22	death	death	NOUN
ftr-297	62	23	.	.	PUNCT
ftr-297	63	1	part	part	NOUN
ftr-297	63	2	iii	iii	PROPN
ftr-297	63	3	discusses	discuss	VERB
ftr-297	63	4	the	the	DET
ftr-297	63	5	rules	rule	NOUN
ftr-297	63	6	governing	govern	VERB
ftr-297	63	7	the	the	DET
ftr-297	63	8	allocation	allocation	NOUN
ftr-297	63	9	of	of	ADP
ftr-297	63	10	the	the	DET
ftr-297	63	11	overall	overall	ADJ
ftr-297	63	12	section	section	NOUN
ftr-297	63	13	743(b	743(b	PROPN
ftr-297	63	14	)	)	PUNCT
ftr-297	63	15	adjustment	adjustment	NOUN
ftr-297	63	16	to	to	ADP
ftr-297	63	17	the	the	DET
ftr-297	63	18	transferee	transferee	NOUN
ftr-297	63	19	's	's	PART
ftr-297	63	20	share	share	NOUN
ftr-297	63	21	of	of	ADP
ftr-297	63	22	the	the	DET
ftr-297	63	23	assets	asset	NOUN
ftr-297	63	24	of	of	ADP
ftr-297	63	25	the	the	DET
ftr-297	63	26	partnership	partnership	NOUN
ftr-297	63	27	.	.	PUNCT
ftr-297	64	1	in	in	ADP
ftr-297	64	2	part	part	NOUN
ftr-297	64	3	iv	iv	ADP
ftr-297	64	4	,	,	PUNCT
ftr-297	64	5	the	the	DET
ftr-297	64	6	purpose	purpose	NOUN
ftr-297	64	7	and	and	CCONJ
ftr-297	64	8	application	application	NOUN
ftr-297	64	9	of	of	ADP
ftr-297	64	10	the	the	DET
ftr-297	64	11	section	section	NOUN
ftr-297	64	12	734(b	734(b	NOUN
ftr-297	64	13	)	)	PUNCT
ftr-297	64	14	basis	basis	NOUN
ftr-297	64	15	adjustment	adjustment	NOUN
ftr-297	64	16	is	be	AUX
ftr-297	64	17	considered	consider	VERB
ftr-297	64	18	.	.	PUNCT
ftr-297	65	1	such	such	ADJ
ftr-297	65	2	adjustments	adjustment	NOUN
ftr-297	65	3	generally	generally	ADV
ftr-297	65	4	arise	arise	VERB
ftr-297	65	5	on	on	ADP
ftr-297	65	6	the	the	DET
ftr-297	65	7	distribution	distribution	NOUN
ftr-297	65	8	of	of	ADP
ftr-297	65	9	partnership	partnership	NOUN
ftr-297	65	10	assets	asset	NOUN
ftr-297	65	11	to	to	ADP
ftr-297	65	12	a	a	DET
ftr-297	65	13	partner	partner	NOUN
ftr-297	65	14	in	in	ADP
ftr-297	65	15	the	the	DET
ftr-297	65	16	process	process	NOUN
ftr-297	65	17	of	of	ADP
ftr-297	65	18	reducing	reduce	VERB
ftr-297	65	19	his	his	PRON
ftr-297	65	20	or	or	CCONJ
ftr-297	65	21	2014	2014	NUM
ftr-297	65	22	]	]	PUNCT
ftr-297	65	23	107	107	NUM
ftr-297	65	24	florida	florida	PROPN
ftr-297	65	25	tax	tax	NOUN
ftr-297	65	26	review	review	NOUN
ftr-297	65	27	her	her	PRON
ftr-297	65	28	interest	interest	NOUN
ftr-297	65	29	in	in	ADP
ftr-297	65	30	the	the	DET
ftr-297	65	31	enterprise	enterprise	NOUN
ftr-297	65	32	.	.	PUNCT
ftr-297	66	1	part	part	NOUN
ftr-297	66	2	v	v	NUM
ftr-297	66	3	explores	explore	VERB
ftr-297	66	4	the	the	DET
ftr-297	66	5	rules	rule	NOUN
ftr-297	66	6	governing	govern	VERB
ftr-297	66	7	the	the	DET
ftr-297	66	8	allocation	allocation	NOUN
ftr-297	66	9	of	of	ADP
ftr-297	66	10	such	such	DET
ftr-297	66	11	an	an	DET
ftr-297	66	12	adjustment	adjustment	NOUN
ftr-297	66	13	to	to	ADP
ftr-297	66	14	the	the	DET
ftr-297	66	15	retained	retain	VERB
ftr-297	66	16	assets	asset	NOUN
ftr-297	66	17	of	of	ADP
ftr-297	66	18	the	the	DET
ftr-297	66	19	partnership	partnership	NOUN
ftr-297	66	20	.	.	PUNCT
ftr-297	67	1	part	part	PROPN
ftr-297	67	2	vi	vi	PROPN
ftr-297	67	3	examines	examine	VERB
ftr-297	67	4	the	the	DET
ftr-297	67	5	elective	elective	ADJ
ftr-297	67	6	basis	basis	NOUN
ftr-297	67	7	adjustment	adjustment	NOUN
ftr-297	67	8	of	of	ADP
ftr-297	67	9	section	section	NOUN
ftr-297	67	10	732(d	732(d	PROPN
ftr-297	67	11	)	)	PUNCT
ftr-297	67	12	.	.	PUNCT
ftr-297	68	1	that	that	DET
ftr-297	68	2	provision	provision	NOUN
ftr-297	68	3	attempts	attempt	VERB
ftr-297	68	4	,	,	PUNCT
ftr-297	68	5	under	under	ADP
ftr-297	68	6	specified	specified	ADJ
ftr-297	68	7	circumstances	circumstance	NOUN
ftr-297	68	8	,	,	PUNCT
ftr-297	68	9	to	to	PART
ftr-297	68	10	afford	afford	VERB
ftr-297	68	11	a	a	DET
ftr-297	68	12	distributee	distributee	NOUN
ftr-297	68	13	partner	partner	NOUN
ftr-297	68	14	the	the	DET
ftr-297	68	15	same	same	ADJ
ftr-297	68	16	results	result	NOUN
ftr-297	68	17	which	which	PRON
ftr-297	68	18	the	the	DET
ftr-297	68	19	section	section	NOUN
ftr-297	68	20	743(b	743(b	NOUN
ftr-297	68	21	)	)	PUNCT
ftr-297	68	22	basis	basis	NOUN
ftr-297	68	23	adjustment	adjustment	NOUN
ftr-297	68	24	would	would	AUX
ftr-297	68	25	have	have	AUX
ftr-297	68	26	provided	provide	VERB
ftr-297	68	27	had	have	VERB
ftr-297	68	28	the	the	DET
ftr-297	68	29	partnership	partnership	NOUN
ftr-297	68	30	elected	elect	VERB
ftr-297	68	31	under	under	ADP
ftr-297	68	32	section	section	NOUN
ftr-297	68	33	754	754	NUM
ftr-297	68	34	.	.	PUNCT
ftr-297	69	1	part	part	NOUN
ftr-297	69	2	vii	vii	PROPN
ftr-297	69	3	assesses	assess	VERB
ftr-297	69	4	the	the	DET
ftr-297	69	5	tax	tax	NOUN
ftr-297	69	6	planning	planning	NOUN
ftr-297	69	7	possibilities	possibility	NOUN
ftr-297	69	8	as	as	ADV
ftr-297	69	9	well	well	ADV
ftr-297	69	10	as	as	ADP
ftr-297	69	11	the	the	DET
ftr-297	69	12	traps	trap	NOUN
ftr-297	69	13	for	for	ADP
ftr-297	69	14	the	the	DET
ftr-297	69	15	unwary	unwary	ADJ
ftr-297	69	16	in	in	ADP
ftr-297	69	17	making	make	VERB
ftr-297	69	18	or	or	CCONJ
ftr-297	69	19	failing	fail	VERB
ftr-297	69	20	to	to	PART
ftr-297	69	21	make	make	VERB
ftr-297	69	22	the	the	DET
ftr-297	69	23	election	election	NOUN
ftr-297	69	24	for	for	ADP
ftr-297	69	25	basis	basis	NOUN
ftr-297	69	26	adjustments	adjustment	NOUN
ftr-297	69	27	.	.	PUNCT
ftr-297	70	1	in	in	ADP
ftr-297	70	2	certain	certain	ADJ
ftr-297	70	3	settings	setting	NOUN
ftr-297	70	4	,	,	PUNCT
ftr-297	70	5	"	"	PUNCT
ftr-297	70	6	double	double	ADJ
ftr-297	70	7	taxation	taxation	NOUN
ftr-297	70	8	"	"	PUNCT
ftr-297	70	9	may	may	AUX
ftr-297	70	10	ensue	ensue	VERB
ftr-297	70	11	if	if	SCONJ
ftr-297	70	12	the	the	DET
ftr-297	70	13	partnership	partnership	NOUN
ftr-297	70	14	does	do	AUX
ftr-297	70	15	not	not	PART
ftr-297	70	16	elect	elect	VERB
ftr-297	70	17	.	.	PUNCT
ftr-297	71	1	in	in	ADP
ftr-297	71	2	others	other	NOUN
ftr-297	71	3	,	,	PUNCT
ftr-297	71	4	duplicate	duplicate	ADJ
ftr-297	71	5	losses	loss	NOUN
ftr-297	71	6	may	may	AUX
ftr-297	71	7	arise	arise	VERB
ftr-297	71	8	.	.	PUNCT
ftr-297	72	1	parts	part	NOUN
ftr-297	72	2	viii	viii	ADJ
ftr-297	72	3	and	and	CCONJ
ftr-297	72	4	ix	ix	ADV
ftr-297	72	5	consider	consider	VERB
ftr-297	72	6	the	the	DET
ftr-297	72	7	case	case	NOUN
ftr-297	72	8	for	for	ADP
ftr-297	72	9	and	and	CCONJ
ftr-297	72	10	the	the	DET
ftr-297	72	11	case	case	NOUN
ftr-297	72	12	against	against	ADP
ftr-297	72	13	continuing	continue	VERB
ftr-297	72	14	the	the	DET
ftr-297	72	15	elective	elective	ADJ
ftr-297	72	16	aspects	aspect	NOUN
ftr-297	72	17	of	of	ADP
ftr-297	72	18	these	these	DET
ftr-297	72	19	basis	basis	NOUN
ftr-297	72	20	adjustments	adjustment	NOUN
ftr-297	72	21	.	.	PUNCT
ftr-297	73	1	the	the	DET
ftr-297	73	2	article	article	NOUN
ftr-297	73	3	concludes	conclude	VERB
ftr-297	73	4	that	that	SCONJ
ftr-297	73	5	the	the	DET
ftr-297	73	6	elective	elective	ADJ
ftr-297	73	7	aspect	aspect	NOUN
ftr-297	73	8	of	of	ADP
ftr-297	73	9	basis	basis	NOUN
ftr-297	73	10	adjustments	adjustment	NOUN
ftr-297	73	11	conflicts	conflict	NOUN
ftr-297	73	12	with	with	ADP
ftr-297	73	13	sound	sound	ADJ
ftr-297	73	14	tax	tax	NOUN
ftr-297	73	15	policy	policy	NOUN
ftr-297	73	16	principles	principle	NOUN
ftr-297	73	17	and	and	CCONJ
ftr-297	73	18	calls	call	NOUN
ftr-297	73	19	for	for	ADP
ftr-297	73	20	legislative	legislative	ADJ
ftr-297	73	21	amendments	amendment	NOUN
ftr-297	73	22	eliminating	eliminate	VERB
ftr-297	73	23	the	the	DET
ftr-297	73	24	election	election	NOUN
ftr-297	73	25	and	and	CCONJ
ftr-297	73	26	mandating	mandate	VERB
ftr-297	73	27	such	such	ADJ
ftr-297	73	28	adjustments	adjustment	NOUN
ftr-297	73	29	in	in	ADP
ftr-297	73	30	all	all	DET
ftr-297	73	31	cases	case	NOUN
ftr-297	73	32	.	.	PUNCT
ftr-297	74	1	ii	ii	X
ftr-297	74	2	.	.	PUNCT
ftr-297	74	3	optional	optional	ADJ
ftr-297	74	4	adjustment	adjustment	NOUN
ftr-297	74	5	to	to	ADP
ftr-297	74	6	basis	basis	NOUN
ftr-297	74	7	of	of	ADP
ftr-297	74	8	partnership	partnership	NOUN
ftr-297	74	9	property	property	NOUN
ftr-297	74	10	on	on	ADP
ftr-297	74	11	transfer	transfer	NOUN
ftr-297	74	12	of	of	ADP
ftr-297	74	13	a	a	DET
ftr-297	74	14	partnership	partnership	NOUN
ftr-297	74	15	interest	interest	NOUN
ftr-297	74	16	section	section	NOUN
ftr-297	74	17	743(b	743(b	PROPN
ftr-297	74	18	)	)	PUNCT
ftr-297	74	19	a.	a.	NOUN
ftr-297	74	20	outlining	outline	VERB
ftr-297	74	21	the	the	DET
ftr-297	74	22	problem	problem	NOUN
ftr-297	74	23	section	section	NOUN
ftr-297	74	24	743	743	NUM
ftr-297	74	25	the	the	DET
ftr-297	74	26	equivalence	equivalence	NOUN
ftr-297	74	27	of	of	ADP
ftr-297	74	28	inside	inside	ADJ
ftr-297	74	29	basis	basis	NOUN
ftr-297	74	30	(	(	PUNCT
ftr-297	74	31	the	the	DET
ftr-297	74	32	overall	overall	ADJ
ftr-297	74	33	basis	basis	NOUN
ftr-297	74	34	of	of	ADP
ftr-297	74	35	the	the	DET
ftr-297	74	36	partnership	partnership	NOUN
ftr-297	74	37	's	's	PART
ftr-297	74	38	assets	asset	NOUN
ftr-297	74	39	)	)	PUNCT
ftr-297	74	40	and	and	CCONJ
ftr-297	74	41	outside	outside	ADJ
ftr-297	74	42	basis	basis	NOUN
ftr-297	74	43	(	(	PUNCT
ftr-297	74	44	the	the	DET
ftr-297	74	45	overall	overall	ADJ
ftr-297	74	46	basis	basis	NOUN
ftr-297	74	47	for	for	ADP
ftr-297	74	48	the	the	DET
ftr-297	74	49	partners	partner	NOUN
ftr-297	74	50	'	'	PART
ftr-297	74	51	partnership	partnership	NOUN
ftr-297	74	52	interests	interest	NOUN
ftr-297	74	53	)	)	PUNCT
ftr-297	74	54	in	in	ADP
ftr-297	74	55	subchapter	subchapter	NOUN
ftr-297	74	56	k	k	PROPN
ftr-297	74	57	is	be	AUX
ftr-297	74	58	fundamental	fundamental	ADJ
ftr-297	74	59	to	to	ADP
ftr-297	74	60	its	its	PRON
ftr-297	74	61	structure	structure	NOUN
ftr-297	74	62	.	.	PUNCT
ftr-297	75	1	it	it	PRON
ftr-297	75	2	ensures	ensure	VERB
ftr-297	75	3	that	that	SCONJ
ftr-297	75	4	income	income	NOUN
ftr-297	75	5	earned	earn	VERB
ftr-297	75	6	through	through	ADP
ftr-297	75	7	a	a	DET
ftr-297	75	8	partnership	partnership	NOUN
ftr-297	75	9	is	be	AUX
ftr-297	75	10	taxed	tax	VERB
ftr-297	75	11	once	once	ADV
ftr-297	75	12	,	,	PUNCT
ftr-297	75	13	and	and	CCONJ
ftr-297	75	14	only	only	ADV
ftr-297	75	15	once	once	ADV
ftr-297	75	16	.	.	PUNCT
ftr-297	76	1	for	for	ADP
ftr-297	76	2	1	1	NUM
ftr-297	76	3	.	.	PUNCT
ftr-297	77	1	the	the	DET
ftr-297	77	2	scope	scope	NOUN
ftr-297	77	3	of	of	ADP
ftr-297	77	4	the	the	DET
ftr-297	77	5	proposal	proposal	NOUN
ftr-297	77	6	is	be	AUX
ftr-297	77	7	focused	focus	VERB
ftr-297	77	8	exclusively	exclusively	ADV
ftr-297	77	9	on	on	ADP
ftr-297	77	10	a	a	DET
ftr-297	77	11	statutory	statutory	ADJ
ftr-297	77	12	amendment	amendment	NOUN
ftr-297	77	13	to	to	PART
ftr-297	77	14	mandate	mandate	VERB
ftr-297	77	15	the	the	DET
ftr-297	77	16	sections	section	NOUN
ftr-297	77	17	734(b	734(b	NUM
ftr-297	77	18	)	)	PUNCT
ftr-297	77	19	and	and	CCONJ
ftr-297	77	20	743(b	743(b	NUM
ftr-297	77	21	)	)	PUNCT
ftr-297	77	22	basis	basis	NOUN
ftr-297	77	23	adjustments	adjustment	NOUN
ftr-297	77	24	in	in	ADP
ftr-297	77	25	all	all	DET
ftr-297	77	26	cases	case	NOUN
ftr-297	77	27	(	(	PUNCT
ftr-297	77	28	accompanied	accompany	VERB
ftr-297	77	29	by	by	ADP
ftr-297	77	30	the	the	DET
ftr-297	77	31	repeal	repeal	NOUN
ftr-297	77	32	of	of	ADP
ftr-297	77	33	section	section	NOUN
ftr-297	77	34	732(d	732(d	PROPN
ftr-297	77	35	)	)	PUNCT
ftr-297	77	36	)	)	PUNCT
ftr-297	77	37	.	.	PUNCT
ftr-297	78	1	a	a	DET
ftr-297	78	2	similar	similar	ADJ
ftr-297	78	3	proposal	proposal	NOUN
ftr-297	78	4	was	be	AUX
ftr-297	78	5	advanced	advanced	ADJ
ftr-297	78	6	almost	almost	ADV
ftr-297	78	7	30	30	NUM
ftr-297	78	8	years	year	NOUN
ftr-297	78	9	ago	ago	ADV
ftr-297	78	10	as	as	ADP
ftr-297	78	11	part	part	NOUN
ftr-297	78	12	of	of	ADP
ftr-297	78	13	a	a	DET
ftr-297	78	14	comprehensive	comprehensive	ADJ
ftr-297	78	15	response	response	NOUN
ftr-297	78	16	to	to	ADP
ftr-297	78	17	the	the	DET
ftr-297	78	18	ali	ali	PROPN
ftr-297	78	19	subchapter	subchapter	PROPN
ftr-297	78	20	k	k	PROPN
ftr-297	78	21	study	study	PROPN
ftr-297	78	22	.	.	PUNCT
ftr-297	79	1	see	see	VERB
ftr-297	79	2	philip	philip	PROPN
ftr-297	79	3	f.	f.	PROPN
ftr-297	79	4	postlewaite	postlewaite	PROPN
ftr-297	79	5	,	,	PUNCT
ftr-297	79	6	thomas	thomas	PROPN
ftr-297	79	7	e.	e.	PROPN
ftr-297	79	8	dutton	dutton	PROPN
ftr-297	79	9	,	,	PUNCT
ftr-297	79	10	&	&	CCONJ
ftr-297	79	11	kurt	kurt	PROPN
ftr-297	79	12	r.	r.	PROPN
ftr-297	79	13	magette	magette	PROPN
ftr-297	79	14	,	,	PUNCT
ftr-297	79	15	a	a	DET
ftr-297	79	16	critique	critique	NOUN
ftr-297	79	17	of	of	ADP
ftr-297	79	18	the	the	DET
ftr-297	79	19	ali	ali	PROPN
ftr-297	79	20	's	's	PART
ftr-297	79	21	federal	federal	ADJ
ftr-297	79	22	income	income	NOUN
ftr-297	79	23	tax	tax	NOUN
ftr-297	79	24	project	project	NOUN
ftr-297	79	25	subchapter	subchapter	NOUN
ftr-297	79	26	k	k	NOUN
ftr-297	79	27	:	:	PUNCT
ftr-297	79	28	proposals	proposal	NOUN
ftr-297	79	29	on	on	ADP
ftr-297	79	30	the	the	DET
ftr-297	79	31	taxation	taxation	NOUN
ftr-297	79	32	of	of	ADP
ftr-297	79	33	partners	partner	NOUN
ftr-297	79	34	,	,	PUNCT
ftr-297	80	1	75	75	NUM
ftr-297	80	2	geo	geo	PROPN
ftr-297	80	3	.	.	PUNCT
ftr-297	80	4	l.j	l.j	PROPN
ftr-297	80	5	.	.	PROPN
ftr-297	80	6	423	423	NUM
ftr-297	80	7	(	(	PUNCT
ftr-297	80	8	1986	1986	NUM
ftr-297	80	9	)	)	PUNCT
ftr-297	80	10	.	.	PUNCT
ftr-297	81	1	given	give	VERB
ftr-297	81	2	the	the	DET
ftr-297	81	3	snail	snail	NOUN
ftr-297	81	4	's	's	PART
ftr-297	81	5	pace	pace	NOUN
ftr-297	81	6	of	of	ADP
ftr-297	81	7	tax	tax	NOUN
ftr-297	81	8	reform	reform	NOUN
ftr-297	81	9	,	,	PUNCT
ftr-297	81	10	that	that	PRON
ftr-297	81	11	call	call	VERB
ftr-297	81	12	for	for	ADP
ftr-297	81	13	the	the	DET
ftr-297	81	14	mandatory	mandatory	ADJ
ftr-297	81	15	application	application	NOUN
ftr-297	81	16	of	of	ADP
ftr-297	81	17	sections	section	NOUN
ftr-297	81	18	734(b	734(b	PROPN
ftr-297	81	19	)	)	PUNCT
ftr-297	81	20	and	and	CCONJ
ftr-297	81	21	743(b	743(b	NOUN
ftr-297	81	22	)	)	PUNCT
ftr-297	81	23	is	be	AUX
ftr-297	81	24	renewed	renew	VERB
ftr-297	81	25	.	.	PUNCT
ftr-297	82	1	there	there	PRON
ftr-297	82	2	has	have	AUX
ftr-297	82	3	been	be	AUX
ftr-297	82	4	commentary	commentary	NOUN
ftr-297	82	5	about	about	ADP
ftr-297	82	6	section	section	NOUN
ftr-297	82	7	734(b	734(b	PROPN
ftr-297	82	8	)	)	PUNCT
ftr-297	82	9	adjustments	adjustment	NOUN
ftr-297	82	10	and	and	CCONJ
ftr-297	82	11	their	their	PRON
ftr-297	82	12	imperfections	imperfection	NOUN
ftr-297	82	13	.	.	PUNCT
ftr-297	83	1	see	see	VERB
ftr-297	83	2	howard	howard	PROPN
ftr-297	83	3	e.	e.	PROPN
ftr-297	83	4	abrams	abrams	PROPN
ftr-297	83	5	,	,	PUNCT
ftr-297	83	6	the	the	DET
ftr-297	83	7	section	section	NOUN
ftr-297	83	8	734(b	734(b	NOUN
ftr-297	83	9	)	)	PUNCT
ftr-297	83	10	basis	basis	NOUN
ftr-297	83	11	adjustment	adjustment	NOUN
ftr-297	83	12	needs	need	VERB
ftr-297	83	13	repair	repair	NOUN
ftr-297	83	14	,	,	PUNCT
ftr-297	83	15	57	57	NUM
ftr-297	83	16	tax	tax	NOUN
ftr-297	83	17	law	law	NOUN
ftr-297	83	18	.	.	PUNCT
ftr-297	84	1	343	343	NUM
ftr-297	84	2	(	(	PUNCT
ftr-297	84	3	2004	2004	NUM
ftr-297	84	4	)	)	PUNCT
ftr-297	84	5	;	;	PUNCT
ftr-297	85	1	karen	karen	PROPN
ftr-297	85	2	c.	c.	PROPN
ftr-297	85	3	burke	burke	PROPN
ftr-297	85	4	,	,	PUNCT
ftr-297	85	5	repairing	repair	VERB
ftr-297	85	6	inside	inside	ADJ
ftr-297	85	7	basis	basis	NOUN
ftr-297	85	8	adjustments	adjustment	NOUN
ftr-297	85	9	,	,	PUNCT
ftr-297	85	10	58	58	NUM
ftr-297	85	11	tax	tax	NOUN
ftr-297	85	12	law	law	NOUN
ftr-297	85	13	.	.	PUNCT
ftr-297	86	1	639	639	NUM
ftr-297	86	2	(	(	PUNCT
ftr-297	86	3	2005	2005	NUM
ftr-297	86	4	)	)	PUNCT
ftr-297	86	5	.	.	PUNCT
ftr-297	87	1	however	however	ADV
ftr-297	87	2	,	,	PUNCT
ftr-297	87	3	many	many	ADJ
ftr-297	87	4	of	of	ADP
ftr-297	87	5	those	those	DET
ftr-297	87	6	problems	problem	NOUN
ftr-297	87	7	stem	stem	VERB
ftr-297	87	8	from	from	ADP
ftr-297	87	9	another	another	DET
ftr-297	87	10	defect	defect	NOUN
ftr-297	87	11	in	in	ADP
ftr-297	87	12	the	the	DET
ftr-297	87	13	current	current	ADJ
ftr-297	87	14	regime	regime	NOUN
ftr-297	87	15	of	of	ADP
ftr-297	87	16	partnership	partnership	NOUN
ftr-297	87	17	taxation	taxation	NOUN
ftr-297	87	18	,	,	PUNCT
ftr-297	87	19	i.e.	i.e.	X
ftr-297	87	20	,	,	PUNCT
ftr-297	87	21	the	the	DET
ftr-297	87	22	allowance	allowance	NOUN
ftr-297	87	23	of	of	ADP
ftr-297	87	24	non	non	NOUN
ftr-297	87	25	-	-	NOUN
ftr-297	87	26	recognition	recognition	NOUN
ftr-297	87	27	for	for	ADP
ftr-297	87	28	property	property	NOUN
ftr-297	87	29	distributions	distribution	NOUN
ftr-297	87	30	by	by	ADP
ftr-297	87	31	a	a	DET
ftr-297	87	32	partnership	partnership	NOUN
ftr-297	87	33	(	(	PUNCT
ftr-297	87	34	another	another	DET
ftr-297	87	35	topic	topic	NOUN
ftr-297	87	36	which	which	PRON
ftr-297	87	37	was	be	AUX
ftr-297	87	38	addressed	address	VERB
ftr-297	87	39	previously	previously	ADV
ftr-297	87	40	and	and	CCONJ
ftr-297	87	41	which	which	PRON
ftr-297	87	42	would	would	AUX
ftr-297	87	43	not	not	PART
ftr-297	87	44	arise	arise	VERB
ftr-297	87	45	if	if	SCONJ
ftr-297	87	46	that	that	DET
ftr-297	87	47	proposal	proposal	NOUN
ftr-297	87	48	were	be	AUX
ftr-297	87	49	adopted	adopt	VERB
ftr-297	87	50	and	and	CCONJ
ftr-297	87	51	the	the	DET
ftr-297	87	52	non	non	ADJ
ftr-297	87	53	-	-	ADJ
ftr-297	87	54	recognition	recognition	ADJ
ftr-297	87	55	rules	rule	NOUN
ftr-297	87	56	for	for	ADP
ftr-297	87	57	property	property	NOUN
ftr-297	87	58	distributions	distribution	NOUN
ftr-297	87	59	modified	modify	VERB
ftr-297	87	60	)	)	PUNCT
ftr-297	87	61	.	.	PUNCT
ftr-297	88	1	see	see	VERB
ftr-297	88	2	postlewaite	postlewaite	NOUN
ftr-297	88	3	et	et	PROPN
ftr-297	88	4	al	al	PROPN
ftr-297	88	5	.	.	PROPN
ftr-297	88	6	,	,	PUNCT
ftr-297	88	7	supra	supra	PROPN
ftr-297	88	8	at	at	ADP
ftr-297	88	9	470	470	NUM
ftr-297	88	10	.	.	PUNCT
ftr-297	89	1	the	the	DET
ftr-297	89	2	non	non	ADJ
ftr-297	89	3	-	-	ADJ
ftr-297	89	4	recognition	recognition	ADJ
ftr-297	89	5	issue	issue	NOUN
ftr-297	89	6	on	on	ADP
ftr-297	89	7	property	property	NOUN
ftr-297	89	8	distributions	distribution	NOUN
ftr-297	89	9	and	and	CCONJ
ftr-297	89	10	the	the	DET
ftr-297	89	11	imperfections	imperfection	NOUN
ftr-297	89	12	of	of	ADP
ftr-297	89	13	the	the	DET
ftr-297	89	14	allocation	allocation	NOUN
ftr-297	89	15	rules	rule	NOUN
ftr-297	89	16	for	for	ADP
ftr-297	89	17	section	section	NOUN
ftr-297	89	18	734(b	734(b	PROPN
ftr-297	89	19	)	)	PUNCT
ftr-297	89	20	basis	basis	NOUN
ftr-297	89	21	adjustments	adjustment	NOUN
ftr-297	89	22	is	be	AUX
ftr-297	89	23	left	leave	VERB
ftr-297	89	24	for	for	ADP
ftr-297	89	25	another	another	DET
ftr-297	89	26	day	day	NOUN
ftr-297	89	27	.	.	PUNCT
ftr-297	90	1	108	108	NUM
ftr-297	91	1	[	[	X
ftr-297	91	2	vol	vol	NOUN
ftr-297	91	3	.	.	PUNCT
ftr-297	92	1	15:3	15:3	NUM
ftr-297	92	2	optional	optional	ADJ
ftr-297	92	3	basis	basis	NOUN
ftr-297	92	4	adjustments	adjustment	NOUN
ftr-297	92	5	under	under	ADP
ftr-297	92	6	subchapter	subchapter	NOUN
ftr-297	92	7	k	k	PROPN
ftr-297	92	8	example	example	NOUN
ftr-297	92	9	,	,	PUNCT
ftr-297	92	10	assume	assume	VERB
ftr-297	92	11	that	that	SCONJ
ftr-297	92	12	a	a	DET
ftr-297	92	13	,	,	PUNCT
ftr-297	92	14	b	b	NOUN
ftr-297	92	15	,	,	PUNCT
ftr-297	92	16	and	and	CCONJ
ftr-297	92	17	c	c	NOUN
ftr-297	92	18	are	be	AUX
ftr-297	92	19	equal	equal	ADJ
ftr-297	92	20	partners	partner	NOUN
ftr-297	92	21	and	and	CCONJ
ftr-297	92	22	in	in	ADP
ftr-297	92	23	year	year	NOUN
ftr-297	92	24	i	i	PRON
ftr-297	92	25	each	each	PRON
ftr-297	92	26	contributes	contribute	VERB
ftr-297	92	27	$	$	SYM
ftr-297	92	28	6,000	6,000	NUM
ftr-297	92	29	to	to	PART
ftr-297	92	30	partnership	partnership	NOUN
ftr-297	92	31	abc	abc	PROPN
ftr-297	92	32	,	,	PUNCT
ftr-297	92	33	which	which	PRON
ftr-297	92	34	purchases	purchase	VERB
ftr-297	92	35	inventory	inventory	NOUN
ftr-297	92	36	and	and	CCONJ
ftr-297	92	37	capital	capital	NOUN
ftr-297	92	38	asset	asset	NOUN
ftr-297	92	39	for	for	ADP
ftr-297	92	40	$	$	SYM
ftr-297	92	41	9,000	9,000	NUM
ftr-297	92	42	and	and	CCONJ
ftr-297	92	43	$	$	SYM
ftr-297	92	44	6,000	6,000	NUM
ftr-297	92	45	respectively	respectively	ADV
ftr-297	92	46	.	.	PUNCT
ftr-297	93	1	the	the	DET
ftr-297	93	2	tax	tax	NOUN
ftr-297	93	3	balance	balance	NOUN
ftr-297	93	4	sheet	sheet	NOUN
ftr-297	93	5	documents	document	NOUN
ftr-297	93	6	the	the	DET
ftr-297	93	7	equivalence	equivalence	NOUN
ftr-297	93	8	of	of	ADP
ftr-297	93	9	inside	inside	ADP
ftr-297	93	10	and	and	CCONJ
ftr-297	93	11	outside	outside	ADJ
ftr-297	93	12	basis	basis	NOUN
ftr-297	93	13	:	:	PUNCT
ftr-297	93	14	assets	asset	NOUN
ftr-297	93	15	:	:	PUNCT
ftr-297	93	16	basis	basis	NOUN
ftr-297	93	17	capital	capital	NOUN
ftr-297	93	18	:	:	PUNCT
ftr-297	93	19	basis	basis	NOUN
ftr-297	93	20	cash	cash	NOUN
ftr-297	93	21	$	$	SYM
ftr-297	93	22	3,000	3,000	NUM
ftr-297	93	23	a	a	DET
ftr-297	93	24	$	$	SYM
ftr-297	93	25	6,000	6,000	NUM
ftr-297	93	26	inventory	inventory	NOUN
ftr-297	93	27	9,000	9,000	NUM
ftr-297	93	28	b	b	SYM
ftr-297	93	29	6,000	6,000	NUM
ftr-297	93	30	capital	capital	NOUN
ftr-297	93	31	asset	asset	NOUN
ftr-297	93	32	6,000	6,000	NUM
ftr-297	93	33	c	c	NOUN
ftr-297	93	34	6,000	6,000	NUM
ftr-297	93	35	total	total	NOUN
ftr-297	93	36	$	$	SYM
ftr-297	93	37	18,000	18,000	NUM
ftr-297	93	38	total	total	NOUN
ftr-297	93	39	$	$	SYM
ftr-297	93	40	18,000	18,000	NUM
ftr-297	93	41	this	this	DET
ftr-297	93	42	equivalence	equivalence	NOUN
ftr-297	93	43	continues	continue	VERB
ftr-297	93	44	even	even	ADV
ftr-297	93	45	with	with	ADP
ftr-297	93	46	an	an	DET
ftr-297	93	47	appreciation	appreciation	NOUN
ftr-297	93	48	or	or	CCONJ
ftr-297	93	49	depreciation	depreciation	NOUN
ftr-297	93	50	in	in	ADP
ftr-297	93	51	value	value	NOUN
ftr-297	93	52	of	of	ADP
ftr-297	93	53	the	the	DET
ftr-297	93	54	assets	asset	NOUN
ftr-297	93	55	over	over	ADP
ftr-297	93	56	time	time	NOUN
ftr-297	93	57	.	.	PUNCT
ftr-297	94	1	for	for	ADP
ftr-297	94	2	example	example	NOUN
ftr-297	94	3	,	,	PUNCT
ftr-297	94	4	assume	assume	VERB
ftr-297	94	5	in	in	ADP
ftr-297	94	6	year	year	NOUN
ftr-297	94	7	2	2	NUM
ftr-297	94	8	that	that	SCONJ
ftr-297	94	9	the	the	DET
ftr-297	94	10	assets	asset	NOUN
ftr-297	94	11	increase	increase	VERB
ftr-297	94	12	in	in	ADP
ftr-297	94	13	value	value	NOUN
ftr-297	94	14	to	to	ADP
ftr-297	94	15	$	$	SYM
ftr-297	94	16	18,000	18,000	NUM
ftr-297	94	17	for	for	ADP
ftr-297	94	18	inventory	inventory	NOUN
ftr-297	94	19	and	and	CCONJ
ftr-297	94	20	$	$	SYM
ftr-297	94	21	12,000	12,000	NUM
ftr-297	94	22	for	for	ADP
ftr-297	94	23	capital	capital	NOUN
ftr-297	94	24	asset	asset	NOUN
ftr-297	94	25	.	.	PUNCT
ftr-297	95	1	the	the	DET
ftr-297	95	2	tax	tax	NOUN
ftr-297	95	3	balance	balance	NOUN
ftr-297	95	4	sheet	sheet	NOUN
ftr-297	95	5	appears	appear	VERB
ftr-297	95	6	as	as	SCONJ
ftr-297	95	7	follows	follow	VERB
ftr-297	95	8	:	:	PUNCT
ftr-297	95	9	assets	asset	NOUN
ftr-297	95	10	:	:	PUNCT
ftr-297	95	11	adjusted	adjust	VERB
ftr-297	95	12	fair	fair	ADJ
ftr-297	95	13	market	market	NOUN
ftr-297	95	14	capital	capital	NOUN
ftr-297	95	15	:	:	PUNCT
ftr-297	95	16	adjusted	adjust	VERB
ftr-297	95	17	fair	fair	ADJ
ftr-297	95	18	market	market	NOUN
ftr-297	95	19	basis	basis	NOUN
ftr-297	95	20	value	value	NOUN
ftr-297	95	21	basis	basis	NOUN
ftr-297	95	22	value	value	NOUN
ftr-297	95	23	cash	cash	VERB
ftr-297	95	24	$	$	SYM
ftr-297	95	25	3,000	3,000	NUM
ftr-297	95	26	$	$	SYM
ftr-297	95	27	3,000	3,000	NUM
ftr-297	95	28	a	a	DET
ftr-297	95	29	$	$	SYM
ftr-297	95	30	6,000	6,000	NUM
ftr-297	95	31	$	$	SYM
ftr-297	95	32	11,000	11,000	NUM
ftr-297	95	33	inventory	inventory	NOUN
ftr-297	95	34	9,000	9,000	NUM
ftr-297	95	35	18,000	18,000	NUM
ftr-297	95	36	b	b	NOUN
ftr-297	95	37	6,000	6,000	NUM
ftr-297	95	38	11,000	11,000	NUM
ftr-297	95	39	capital	capital	NOUN
ftr-297	95	40	asset	asset	NOUN
ftr-297	95	41	_	_	NOUN
ftr-297	95	42	,	,	PUNCT
ftr-297	95	43	000	000	NUM
ftr-297	96	1	_	_	NOUN
ftr-297	96	2	1200	1200	NUM
ftr-297	97	1	c	c	NOUN
ftr-297	97	2	6000	6000	NUM
ftr-297	98	1	_	_	NOUN
ftr-297	98	2	11,000	11,000	NUM
ftr-297	98	3	total	total	NOUN
ftr-297	98	4	$	$	SYM
ftr-297	98	5	18,000	18,000	NUM
ftr-297	98	6	$	$	SYM
ftr-297	98	7	33,000	33,000	NUM
ftr-297	98	8	total	total	ADJ
ftr-297	98	9	$	$	SYM
ftr-297	98	10	18,000	18,000	NUM
ftr-297	98	11	$	$	SYM
ftr-297	98	12	33,000	33,000	NUM
ftr-297	98	13	additionally	additionally	ADV
ftr-297	98	14	,	,	PUNCT
ftr-297	98	15	the	the	DET
ftr-297	98	16	equivalence	equivalence	NOUN
ftr-297	98	17	continues	continue	VERB
ftr-297	98	18	even	even	ADV
ftr-297	98	19	though	though	SCONJ
ftr-297	98	20	the	the	DET
ftr-297	98	21	partnership	partnership	NOUN
ftr-297	98	22	's	's	PART
ftr-297	98	23	activity	activity	NOUN
ftr-297	98	24	generates	generate	VERB
ftr-297	98	25	income	income	NOUN
ftr-297	98	26	or	or	CCONJ
ftr-297	98	27	loss	loss	NOUN
ftr-297	98	28	.	.	PUNCT
ftr-297	99	1	assume	assume	VERB
ftr-297	99	2	in	in	ADP
ftr-297	99	3	year	year	NOUN
ftr-297	99	4	3	3	NUM
ftr-297	99	5	that	that	PRON
ftr-297	99	6	the	the	DET
ftr-297	99	7	assets	asset	NOUN
ftr-297	99	8	are	be	AUX
ftr-297	99	9	sold	sell	VERB
ftr-297	99	10	,	,	PUNCT
ftr-297	99	11	yielding	yield	VERB
ftr-297	99	12	income	income	NOUN
ftr-297	99	13	to	to	ADP
ftr-297	99	14	the	the	DET
ftr-297	99	15	partnership	partnership	NOUN
ftr-297	99	16	of	of	ADP
ftr-297	99	17	$	$	SYM
ftr-297	99	18	9,000	9,000	NUM
ftr-297	99	19	attributable	attributable	ADJ
ftr-297	99	20	to	to	ADP
ftr-297	99	21	inventory	inventory	NOUN
ftr-297	99	22	and	and	CCONJ
ftr-297	99	23	$	$	SYM
ftr-297	99	24	6,000	6,000	NUM
ftr-297	99	25	attributable	attributable	ADJ
ftr-297	99	26	to	to	ADP
ftr-297	99	27	capital	capital	NOUN
ftr-297	99	28	asset	asset	NOUN
ftr-297	99	29	,	,	PUNCT
ftr-297	99	30	which	which	PRON
ftr-297	99	31	is	be	AUX
ftr-297	99	32	allocated	allocate	VERB
ftr-297	99	33	to	to	ADP
ftr-297	99	34	the	the	DET
ftr-297	99	35	partners	partner	NOUN
ftr-297	99	36	equally	equally	ADV
ftr-297	99	37	,	,	PUNCT
ftr-297	99	38	i.e.	i.e.	X
ftr-297	99	39	,	,	PUNCT
ftr-297	99	40	$	$	SYM
ftr-297	99	41	5,000	5,000	NUM
ftr-297	99	42	per	per	ADP
ftr-297	99	43	partner	partner	NOUN
ftr-297	99	44	.	.	PUNCT
ftr-297	100	1	under	under	ADP
ftr-297	100	2	subchapter	subchapter	NOUN
ftr-297	100	3	k	k	NOUN
ftr-297	100	4	,	,	PUNCT
ftr-297	100	5	each	each	DET
ftr-297	100	6	partner	partner	NOUN
ftr-297	100	7	is	be	AUX
ftr-297	100	8	taxed	tax	VERB
ftr-297	100	9	on	on	ADP
ftr-297	100	10	his	his	PRON
ftr-297	100	11	share	share	NOUN
ftr-297	100	12	of	of	ADP
ftr-297	100	13	the	the	DET
ftr-297	100	14	income	income	NOUN
ftr-297	100	15	,	,	PUNCT
ftr-297	100	16	and	and	CCONJ
ftr-297	100	17	the	the	DET
ftr-297	100	18	basis	basis	NOUN
ftr-297	100	19	for	for	ADP
ftr-297	100	20	each	each	DET
ftr-297	100	21	partner	partner	NOUN
ftr-297	100	22	in	in	ADP
ftr-297	100	23	his	his	PRON
ftr-297	100	24	partnership	partnership	NOUN
ftr-297	100	25	interest	interest	NOUN
ftr-297	100	26	increases	increase	NOUN
ftr-297	100	27	accordingly	accordingly	ADV
ftr-297	100	28	.	.	PUNCT
ftr-297	101	1	at	at	ADP
ftr-297	101	2	the	the	DET
ftr-297	101	3	end	end	NOUN
ftr-297	101	4	of	of	ADP
ftr-297	101	5	year	year	NOUN
ftr-297	101	6	3	3	NUM
ftr-297	101	7	,	,	PUNCT
ftr-297	101	8	the	the	DET
ftr-297	101	9	tax	tax	NOUN
ftr-297	101	10	balance	balance	NOUN
ftr-297	101	11	sheet	sheet	NOUN
ftr-297	101	12	reveals	reveal	VERB
ftr-297	101	13	the	the	DET
ftr-297	101	14	equivalence	equivalence	NOUN
ftr-297	101	15	of	of	ADP
ftr-297	101	16	inside	inside	ADP
ftr-297	101	17	and	and	CCONJ
ftr-297	101	18	outside	outside	ADJ
ftr-297	101	19	basis	basis	NOUN
ftr-297	101	20	:	:	PUNCT
ftr-297	101	21	assets	asset	NOUN
ftr-297	101	22	:	:	PUNCT
ftr-297	101	23	adjusted	adjust	VERB
ftr-297	101	24	fair	fair	ADJ
ftr-297	101	25	capital	capital	NOUN
ftr-297	101	26	:	:	PUNCT
ftr-297	101	27	adjusted	adjust	VERB
ftr-297	101	28	fair	fair	ADJ
ftr-297	101	29	basis	basis	NOUN
ftr-297	101	30	market	market	NOUN
ftr-297	101	31	basis	basis	NOUN
ftr-297	101	32	market	market	NOUN
ftr-297	101	33	value	value	NOUN
ftr-297	101	34	value	value	NOUN
ftr-297	101	35	cash	cash	NOUN
ftr-297	101	36	$	$	SYM
ftr-297	101	37	3300	3300	NUM
ftr-297	101	38	$	$	SYM
ftr-297	101	39	330_00	330_00	NUM
ftr-297	101	40	a	a	DET
ftr-297	101	41	$	$	SYM
ftr-297	101	42	11,000	11,000	NUM
ftr-297	101	43	$	$	SYM
ftr-297	101	44	11,000	11,000	NUM
ftr-297	101	45	total	total	NOUN
ftr-297	101	46	$	$	SYM
ftr-297	101	47	33,000	33,000	NUM
ftr-297	101	48	$	$	SYM
ftr-297	101	49	33,000	33,000	NUM
ftr-297	101	50	b	b	NUM
ftr-297	101	51	11,000	11,000	NUM
ftr-297	101	52	11,000	11,000	NUM
ftr-297	101	53	c	c	NOUN
ftr-297	101	54	1100	1100	NUM
ftr-297	101	55	11000	11000	NUM
ftr-297	101	56	total	total	NOUN
ftr-297	101	57	$	$	SYM
ftr-297	101	58	33,000	33,000	NUM
ftr-297	101	59	$	$	SYM
ftr-297	101	60	33,000	33,000	NUM
ftr-297	101	61	in	in	ADP
ftr-297	101	62	contrast	contrast	NOUN
ftr-297	101	63	to	to	ADP
ftr-297	101	64	much	much	ADJ
ftr-297	101	65	of	of	ADP
ftr-297	101	66	subchapter	subchapter	NOUN
ftr-297	101	67	k	k	NOUN
ftr-297	101	68	,	,	PUNCT
ftr-297	101	69	which	which	PRON
ftr-297	101	70	maintains	maintain	VERB
ftr-297	101	71	basis	basis	NOUN
ftr-297	101	72	equivalence	equivalence	NOUN
ftr-297	101	73	,	,	PUNCT
ftr-297	101	74	the	the	DET
ftr-297	101	75	general	general	ADJ
ftr-297	101	76	rule	rule	NOUN
ftr-297	101	77	for	for	ADP
ftr-297	101	78	sales	sale	NOUN
ftr-297	101	79	or	or	CCONJ
ftr-297	101	80	exchanges	exchange	NOUN
ftr-297	101	81	of	of	ADP
ftr-297	101	82	partnership	partnership	NOUN
ftr-297	101	83	interests	interest	NOUN
ftr-297	101	84	results	result	VERB
ftr-297	101	85	in	in	ADP
ftr-297	101	86	an	an	DET
ftr-297	101	87	imbalance	imbalance	NOUN
ftr-297	101	88	.	.	PUNCT
ftr-297	102	1	under	under	ADP
ftr-297	102	2	section	section	NOUN
ftr-297	102	3	743(a	743(a	NUM
ftr-297	102	4	)	)	PUNCT
ftr-297	102	5	,	,	PUNCT
ftr-297	102	6	the	the	DET
ftr-297	102	7	basis	basis	NOUN
ftr-297	102	8	for	for	ADP
ftr-297	102	9	the	the	DET
ftr-297	102	10	partnership	partnership	NOUN
ftr-297	102	11	's	's	PART
ftr-297	102	12	assets	asset	NOUN
ftr-297	102	13	is	be	AUX
ftr-297	102	14	unaffected	unaffected	ADJ
ftr-297	102	15	by	by	ADP
ftr-297	102	16	the	the	DET
ftr-297	102	17	sale	sale	NOUN
ftr-297	102	18	or	or	CCONJ
ftr-297	102	19	exchange	exchange	NOUN
ftr-297	102	20	of	of	ADP
ftr-297	102	21	a	a	DET
ftr-297	102	22	partnership	partnership	NOUN
ftr-297	102	23	interest	interest	NOUN
ftr-297	102	24	.	.	PUNCT
ftr-297	103	1	thus	thus	ADV
ftr-297	103	2	,	,	PUNCT
ftr-297	103	3	if	if	SCONJ
ftr-297	103	4	at	at	ADP
ftr-297	103	5	the	the	DET
ftr-297	103	6	end	end	NOUN
ftr-297	103	7	of	of	ADP
ftr-297	103	8	year	year	NOUN
ftr-297	103	9	2	2	NUM
ftr-297	103	10	c	c	NOUN
ftr-297	103	11	sells	sell	VERB
ftr-297	103	12	her	her	PRON
ftr-297	103	13	interest	interest	NOUN
ftr-297	103	14	to	to	ADP
ftr-297	103	15	d	d	PROPN
ftr-297	103	16	for	for	ADP
ftr-297	103	17	$	$	SYM
ftr-297	103	18	11,000	11,000	NUM
ftr-297	103	19	,	,	PUNCT
ftr-297	103	20	a	a	DET
ftr-297	103	21	gain	gain	NOUN
ftr-297	103	22	of	of	ADP
ftr-297	103	23	$	$	SYM
ftr-297	103	24	5,000	5,000	NUM
ftr-297	103	25	2014	2014	NUM
ftr-297	103	26	]	]	PUNCT
ftr-297	103	27	109	109	NUM
ftr-297	103	28	florida	florida	PROPN
ftr-297	103	29	tax	tax	NOUN
ftr-297	103	30	review	review	NOUN
ftr-297	103	31	will	will	AUX
ftr-297	103	32	be	be	AUX
ftr-297	103	33	recognized	recognize	VERB
ftr-297	103	34	by	by	ADP
ftr-297	103	35	c	c	PROPN
ftr-297	103	36	,	,	PUNCT
ftr-297	103	37	i.e.	i.e.	X
ftr-297	103	38	,	,	PUNCT
ftr-297	103	39	the	the	DET
ftr-297	103	40	increased	increase	VERB
ftr-297	103	41	value	value	NOUN
ftr-297	103	42	of	of	ADP
ftr-297	103	43	her	her	PRON
ftr-297	103	44	partnership	partnership	NOUN
ftr-297	103	45	interest	interest	NOUN
ftr-297	103	46	attributable	attributable	ADJ
ftr-297	103	47	to	to	ADP
ftr-297	103	48	her	her	PRON
ftr-297	103	49	share	share	NOUN
ftr-297	103	50	of	of	ADP
ftr-297	103	51	the	the	DET
ftr-297	103	52	assets	asset	NOUN
ftr-297	103	53	'	'	PART
ftr-297	103	54	appreciation	appreciation	NOUN
ftr-297	103	55	.	.	PUNCT
ftr-297	104	1	however	however	ADV
ftr-297	104	2	,	,	PUNCT
ftr-297	104	3	due	due	ADP
ftr-297	104	4	to	to	ADP
ftr-297	104	5	the	the	DET
ftr-297	104	6	failure	failure	NOUN
ftr-297	104	7	of	of	ADP
ftr-297	104	8	section	section	NOUN
ftr-297	104	9	743(a	743(a	NUM
ftr-297	104	10	)	)	PUNCT
ftr-297	104	11	to	to	PART
ftr-297	104	12	adjust	adjust	VERB
ftr-297	104	13	the	the	DET
ftr-297	104	14	basis	basis	NOUN
ftr-297	104	15	of	of	ADP
ftr-297	104	16	the	the	DET
ftr-297	104	17	partnership	partnership	NOUN
ftr-297	104	18	's	's	PART
ftr-297	104	19	assets	asset	NOUN
ftr-297	104	20	(	(	PUNCT
ftr-297	104	21	as	as	SCONJ
ftr-297	104	22	shown	show	VERB
ftr-297	104	23	in	in	ADP
ftr-297	104	24	the	the	DET
ftr-297	104	25	balance	balance	NOUN
ftr-297	104	26	sheet	sheet	NOUN
ftr-297	104	27	for	for	ADP
ftr-297	104	28	the	the	DET
ftr-297	104	29	close	close	NOUN
ftr-297	104	30	of	of	ADP
ftr-297	104	31	year	year	NOUN
ftr-297	104	32	2	2	NUM
ftr-297	104	33	above	above	ADP
ftr-297	104	34	)	)	PUNCT
ftr-297	104	35	,	,	PUNCT
ftr-297	104	36	inside	inside	ADP
ftr-297	104	37	and	and	CCONJ
ftr-297	104	38	outside	outside	ADJ
ftr-297	104	39	basis	basis	NOUN
ftr-297	104	40	will	will	AUX
ftr-297	104	41	differ	differ	VERB
ftr-297	104	42	.	.	PUNCT
ftr-297	105	1	assets	asset	NOUN
ftr-297	105	2	:	:	PUNCT
ftr-297	105	3	adjusted	adjust	VERB
ftr-297	105	4	fair	fair	ADJ
ftr-297	105	5	capital	capital	NOUN
ftr-297	105	6	:	:	PUNCT
ftr-297	105	7	adjusted	adjust	VERB
ftr-297	105	8	fair	fair	ADJ
ftr-297	105	9	basis	basis	NOUN
ftr-297	105	10	market	market	NOUN
ftr-297	105	11	basis	basis	NOUN
ftr-297	105	12	market	market	NOUN
ftr-297	105	13	value	value	NOUN
ftr-297	105	14	value	value	NOUN
ftr-297	105	15	cash	cash	NOUN
ftr-297	105	16	$	$	SYM
ftr-297	105	17	3,000	3,000	NUM
ftr-297	105	18	$	$	SYM
ftr-297	105	19	3,000	3,000	NUM
ftr-297	105	20	a	a	DET
ftr-297	105	21	$	$	SYM
ftr-297	105	22	6,000	6,000	NUM
ftr-297	105	23	$	$	SYM
ftr-297	105	24	11,000	11,000	NUM
ftr-297	105	25	inventory	inventory	NOUN
ftr-297	105	26	9,000	9,000	NUM
ftr-297	105	27	18,000	18,000	NUM
ftr-297	105	28	b	b	NOUN
ftr-297	105	29	6,000	6,000	NUM
ftr-297	105	30	11,000	11,000	NUM
ftr-297	105	31	capital	capital	NOUN
ftr-297	105	32	asset	asset	NOUN
ftr-297	105	33	6	6	NUM
ftr-297	105	34	1	1	NUM
ftr-297	105	35	d	d	NOUN
ftr-297	105	36	_	_	NOUN
ftr-297	105	37	ll_00	ll_00	PROPN
ftr-297	105	38	11000	11000	NUM
ftr-297	105	39	total	total	NOUN
ftr-297	105	40	$	$	SYM
ftr-297	105	41	18,000	18,000	NUM
ftr-297	105	42	$	$	SYM
ftr-297	105	43	33,000	33,000	NUM
ftr-297	105	44	total	total	ADJ
ftr-297	105	45	$	$	SYM
ftr-297	105	46	23,000	23,000	NUM
ftr-297	105	47	$	$	SYM
ftr-297	105	48	33,000	33,000	NUM
ftr-297	105	49	as	as	ADP
ftr-297	105	50	a	a	DET
ftr-297	105	51	result	result	NOUN
ftr-297	105	52	of	of	ADP
ftr-297	105	53	the	the	DET
ftr-297	105	54	failure	failure	NOUN
ftr-297	105	55	to	to	PART
ftr-297	105	56	adjust	adjust	VERB
ftr-297	105	57	,	,	PUNCT
ftr-297	105	58	not	not	PART
ftr-297	105	59	only	only	ADV
ftr-297	105	60	does	do	AUX
ftr-297	105	61	c	c	PROPN
ftr-297	105	62	recognize	recognize	VERB
ftr-297	105	63	$	$	SYM
ftr-297	105	64	5,000	5,000	NUM
ftr-297	105	65	of	of	ADP
ftr-297	105	66	income	income	NOUN
ftr-297	105	67	on	on	ADP
ftr-297	105	68	the	the	DET
ftr-297	105	69	sale	sale	NOUN
ftr-297	105	70	of	of	ADP
ftr-297	105	71	her	her	PRON
ftr-297	105	72	partnership	partnership	NOUN
ftr-297	105	73	interest	interest	NOUN
ftr-297	105	74	,	,	PUNCT
ftr-297	105	75	but	but	CCONJ
ftr-297	105	76	d	d	NOUN
ftr-297	105	77	will	will	AUX
ftr-297	105	78	have	have	VERB
ftr-297	105	79	similar	similar	ADJ
ftr-297	105	80	treatment	treatment	NOUN
ftr-297	105	81	upon	upon	SCONJ
ftr-297	105	82	the	the	DET
ftr-297	105	83	sale	sale	NOUN
ftr-297	105	84	of	of	ADP
ftr-297	105	85	the	the	DET
ftr-297	105	86	assets	asset	NOUN
ftr-297	105	87	due	due	ADP
ftr-297	105	88	to	to	ADP
ftr-297	105	89	his	his	PRON
ftr-297	105	90	reporting	reporting	NOUN
ftr-297	105	91	of	of	ADP
ftr-297	105	92	his	his	PRON
ftr-297	105	93	share	share	NOUN
ftr-297	105	94	of	of	ADP
ftr-297	105	95	the	the	DET
ftr-297	105	96	partnership	partnership	NOUN
ftr-297	105	97	's	's	PART
ftr-297	105	98	income	income	NOUN
ftr-297	105	99	as	as	SCONJ
ftr-297	105	100	earned	earn	VERB
ftr-297	105	101	,	,	PUNCT
ftr-297	105	102	resulting	result	VERB
ftr-297	105	103	in	in	ADP
ftr-297	105	104	what	what	PRON
ftr-297	105	105	appears	appear	VERB
ftr-297	105	106	to	to	PART
ftr-297	105	107	be	be	AUX
ftr-297	105	108	"	"	PUNCT
ftr-297	105	109	double	double	ADJ
ftr-297	105	110	taxation	taxation	NOUN
ftr-297	105	111	.	.	PUNCT
ftr-297	105	112	"	"	PUNCT
ftr-297	106	1	when	when	SCONJ
ftr-297	106	2	sold	sell	VERB
ftr-297	106	3	in	in	ADP
ftr-297	106	4	year	year	NOUN
ftr-297	106	5	3	3	NUM
ftr-297	106	6	,	,	PUNCT
ftr-297	106	7	the	the	DET
ftr-297	106	8	assets	asset	NOUN
ftr-297	106	9	generate	generate	VERB
ftr-297	106	10	$	$	SYM
ftr-297	106	11	15,000	15,000	NUM
ftr-297	106	12	of	of	ADP
ftr-297	106	13	gain	gain	NOUN
ftr-297	106	14	,	,	PUNCT
ftr-297	106	15	allocable	allocable	ADJ
ftr-297	106	16	equally	equally	ADV
ftr-297	106	17	,	,	PUNCT
ftr-297	106	18	i.e.	i.e.	X
ftr-297	106	19	,	,	PUNCT
ftr-297	106	20	$	$	SYM
ftr-297	106	21	5,000	5,000	NUM
ftr-297	106	22	,	,	PUNCT
ftr-297	106	23	to	to	ADP
ftr-297	106	24	each	each	DET
ftr-297	106	25	partner	partner	NOUN
ftr-297	106	26	,	,	PUNCT
ftr-297	106	27	a	a	DET
ftr-297	106	28	,	,	PUNCT
ftr-297	106	29	b	b	NOUN
ftr-297	106	30	,	,	PUNCT
ftr-297	106	31	and	and	CCONJ
ftr-297	106	32	d.	d.	PROPN
ftr-297	106	33	thereafter	thereafter	ADV
ftr-297	106	34	,	,	PUNCT
ftr-297	106	35	the	the	DET
ftr-297	106	36	partnership	partnership	NOUN
ftr-297	106	37	's	's	PART
ftr-297	106	38	tax	tax	NOUN
ftr-297	106	39	balance	balance	NOUN
ftr-297	106	40	sheet	sheet	NOUN
ftr-297	106	41	will	will	AUX
ftr-297	106	42	reflect	reflect	VERB
ftr-297	106	43	a	a	DET
ftr-297	106	44	disparity	disparity	NOUN
ftr-297	106	45	between	between	ADP
ftr-297	106	46	inside	inside	ADP
ftr-297	106	47	and	and	CCONJ
ftr-297	106	48	outside	outside	ADJ
ftr-297	106	49	basis	basis	NOUN
ftr-297	106	50	.	.	PUNCT
ftr-297	107	1	assets	asset	NOUN
ftr-297	107	2	:	:	PUNCT
ftr-297	107	3	adjusted	adjust	VERB
ftr-297	107	4	fair	fair	ADJ
ftr-297	107	5	capital	capital	NOUN
ftr-297	107	6	:	:	PUNCT
ftr-297	107	7	adjusted	adjust	VERB
ftr-297	107	8	fair	fair	ADJ
ftr-297	107	9	basis	basis	NOUN
ftr-297	107	10	market	market	NOUN
ftr-297	107	11	basis	basis	NOUN
ftr-297	107	12	market	market	NOUN
ftr-297	107	13	value	value	NOUN
ftr-297	107	14	value	value	NOUN
ftr-297	107	15	cash	cash	NOUN
ftr-297	107	16	$	$	SYM
ftr-297	107	17	330	330	NUM
ftr-297	107	18	$	$	NUM
ftr-297	107	19	;	;	PUNCT
ftr-297	107	20	3000	3000	NUM
ftr-297	107	21	a	a	DET
ftr-297	107	22	$	$	SYM
ftr-297	107	23	11,000	11,000	NUM
ftr-297	107	24	$	$	SYM
ftr-297	107	25	11,000	11,000	NUM
ftr-297	107	26	total	total	NOUN
ftr-297	107	27	$	$	SYM
ftr-297	107	28	33,000	33,000	NUM
ftr-297	107	29	$	$	SYM
ftr-297	107	30	33,000	33,000	NUM
ftr-297	107	31	b	b	NUM
ftr-297	107	32	11,000	11,000	NUM
ftr-297	107	33	11,000	11,000	NUM
ftr-297	107	34	d	d	SYM
ftr-297	107	35	16_00	16_00	NUM
ftr-297	107	36	1100	1100	NUM
ftr-297	107	37	total	total	ADJ
ftr-297	107	38	$	$	SYM
ftr-297	107	39	38,000	38,000	NUM
ftr-297	107	40	$	$	SYM
ftr-297	107	41	33,000	33,000	NUM
ftr-297	107	42	thus	thus	ADV
ftr-297	107	43	,	,	PUNCT
ftr-297	107	44	the	the	DET
ftr-297	107	45	imbalance	imbalance	NOUN
ftr-297	107	46	remains	remain	VERB
ftr-297	107	47	even	even	ADV
ftr-297	107	48	after	after	ADP
ftr-297	107	49	the	the	DET
ftr-297	107	50	sale	sale	NOUN
ftr-297	107	51	of	of	ADP
ftr-297	107	52	the	the	DET
ftr-297	107	53	assets	asset	NOUN
ftr-297	107	54	,	,	PUNCT
ftr-297	107	55	and	and	CCONJ
ftr-297	107	56	d	d	NOUN
ftr-297	107	57	will	will	AUX
ftr-297	107	58	be	be	AUX
ftr-297	107	59	made	make	VERB
ftr-297	107	60	"	"	PUNCT
ftr-297	107	61	whole	whole	ADJ
ftr-297	107	62	"	"	PUNCT
ftr-297	107	63	at	at	ADV
ftr-297	107	64	best	good	ADJ
ftr-297	107	65	upon	upon	SCONJ
ftr-297	107	66	the	the	DET
ftr-297	107	67	sale	sale	NOUN
ftr-297	107	68	or	or	CCONJ
ftr-297	107	69	liquidation	liquidation	NOUN
ftr-297	107	70	of	of	ADP
ftr-297	107	71	her	her	PRON
ftr-297	107	72	interest	interest	NOUN
ftr-297	107	73	,	,	PUNCT
ftr-297	107	74	which	which	PRON
ftr-297	107	75	would	would	AUX
ftr-297	107	76	generate	generate	VERB
ftr-297	107	77	an	an	DET
ftr-297	107	78	offsetting	offset	VERB
ftr-297	107	79	$	$	SYM
ftr-297	107	80	5,000	5,000	NUM
ftr-297	107	81	loss	loss	NOUN
ftr-297	107	82	.	.	PUNCT
ftr-297	108	1	fortunately	fortunately	ADV
ftr-297	108	2	,	,	PUNCT
ftr-297	108	3	the	the	DET
ftr-297	108	4	code	code	NOUN
ftr-297	108	5	provides	provide	VERB
ftr-297	108	6	for	for	ADP
ftr-297	108	7	adjustments	adjustment	NOUN
ftr-297	108	8	to	to	ADP
ftr-297	108	9	the	the	DET
ftr-297	108	10	basis	basis	NOUN
ftr-297	108	11	of	of	ADP
ftr-297	108	12	partnership	partnership	NOUN
ftr-297	108	13	property	property	NOUN
ftr-297	108	14	as	as	ADP
ftr-297	108	15	the	the	DET
ftr-297	108	16	result	result	NOUN
ftr-297	108	17	of	of	ADP
ftr-297	108	18	a	a	DET
ftr-297	108	19	sale	sale	NOUN
ftr-297	108	20	or	or	CCONJ
ftr-297	108	21	exchange	exchange	NOUN
ftr-297	108	22	of	of	ADP
ftr-297	108	23	such	such	DET
ftr-297	108	24	an	an	DET
ftr-297	108	25	interest	interest	NOUN
ftr-297	108	26	or	or	CCONJ
ftr-297	108	27	the	the	DET
ftr-297	108	28	transfer	transfer	NOUN
ftr-297	108	29	of	of	ADP
ftr-297	108	30	a	a	DET
ftr-297	108	31	partnership	partnership	NOUN
ftr-297	108	32	interest	interest	NOUN
ftr-297	108	33	on	on	ADP
ftr-297	108	34	the	the	DET
ftr-297	108	35	death	death	NOUN
ftr-297	108	36	of	of	ADP
ftr-297	108	37	a	a	DET
ftr-297	108	38	partner	partner	NOUN
ftr-297	108	39	if	if	SCONJ
ftr-297	108	40	an	an	DET
ftr-297	108	41	election	election	NOUN
ftr-297	108	42	is	be	AUX
ftr-297	108	43	in	in	ADP
ftr-297	108	44	effect.2	effect.2	NOUN
ftr-297	108	45	without	without	ADP
ftr-297	108	46	such	such	DET
ftr-297	108	47	an	an	DET
ftr-297	108	48	election	election	NOUN
ftr-297	108	49	,	,	PUNCT
ftr-297	108	50	the	the	DET
ftr-297	108	51	purchaser	purchaser	NOUN
ftr-297	108	52	typically	typically	ADV
ftr-297	108	53	has	have	VERB
ftr-297	108	54	a	a	DET
ftr-297	108	55	basis	basis	NOUN
ftr-297	108	56	for	for	ADP
ftr-297	108	57	that	that	DET
ftr-297	108	58	interest	interest	NOUN
ftr-297	108	59	which	which	PRON
ftr-297	108	60	differs	differ	VERB
ftr-297	108	61	from	from	ADP
ftr-297	108	62	the	the	DET
ftr-297	108	63	purchasing	purchasing	NOUN
ftr-297	108	64	partner	partner	NOUN
ftr-297	108	65	's	's	PART
ftr-297	108	66	share	share	NOUN
ftr-297	108	67	of	of	ADP
ftr-297	108	68	the	the	DET
ftr-297	108	69	bases	basis	NOUN
ftr-297	108	70	of	of	ADP
ftr-297	108	71	the	the	DET
ftr-297	108	72	partnership	partnership	NOUN
ftr-297	108	73	's	's	PART
ftr-297	108	74	assets	asset	NOUN
ftr-297	108	75	.	.	PUNCT
ftr-297	109	1	as	as	SCONJ
ftr-297	109	2	illustrated	illustrate	VERB
ftr-297	109	3	above	above	ADV
ftr-297	109	4	,	,	PUNCT
ftr-297	109	5	such	such	ADJ
ftr-297	109	6	-	-	PUNCT
ftr-297	109	7	disparities	disparity	NOUN
ftr-297	109	8	can	can	AUX
ftr-297	109	9	lead	lead	VERB
ftr-297	109	10	to	to	ADP
ftr-297	109	11	income	income	NOUN
ftr-297	109	12	tax	tax	NOUN
ftr-297	109	13	consequences	consequence	NOUN
ftr-297	109	14	for	for	ADP
ftr-297	109	15	the	the	DET
ftr-297	109	16	acquiring	acquire	VERB
ftr-297	109	17	partner	partner	NOUN
ftr-297	109	18	with	with	ADP
ftr-297	109	19	respect	respect	NOUN
ftr-297	109	20	to	to	ADP
ftr-297	109	21	the	the	DET
ftr-297	109	22	pre2	pre2	PROPN
ftr-297	109	23	.	.	PUNCT
ftr-297	110	1	i.r.c	i.r.c	PROPN
ftr-297	110	2	.	.	PUNCT
ftr-297	111	1	§	§	PROPN
ftr-297	111	2	§	§	PROPN
ftr-297	111	3	754	754	NUM
ftr-297	111	4	and	and	CCONJ
ftr-297	111	5	743(b	743(b	NUM
ftr-297	111	6	)	)	PUNCT
ftr-297	111	7	;	;	PUNCT
ftr-297	111	8	reg	reg	NOUN
ftr-297	111	9	.	.	PUNCT
ftr-297	112	1	§	§	PROPN
ftr-297	112	2	1.743	1.743	NUM
ftr-297	112	3	-	-	SYM
ftr-297	112	4	1(a	1(a	NUM
ftr-297	112	5	)	)	PUNCT
ftr-297	112	6	.	.	PUNCT
ftr-297	113	1	see	see	VERB
ftr-297	113	2	generally	generally	ADV
ftr-297	113	3	1	1	NUM
ftr-297	113	4	arthur	arthur	PROPN
ftr-297	113	5	b.	b.	PROPN
ftr-297	113	6	willis	willis	PROPN
ftr-297	113	7	&	&	CCONJ
ftr-297	113	8	philip	philip	PROPN
ftr-297	113	9	f.	f.	PROPN
ftr-297	113	10	postlewaite	postlewaite	PROPN
ftr-297	113	11	,	,	PUNCT
ftr-297	113	12	partnership	partnership	NOUN
ftr-297	113	13	taxation	taxation	NOUN
ftr-297	113	14	,	,	PUNCT
ftr-297	113	15	1	1	NUM
ftr-297	113	16	12	12	NUM
ftr-297	113	17	(	(	PUNCT
ftr-297	113	18	7th	7th	ADJ
ftr-297	113	19	ed	ed	NOUN
ftr-297	113	20	.	.	PROPN
ftr-297	113	21	2011	2011	NUM
ftr-297	113	22	)	)	PUNCT
ftr-297	114	1	[	[	X
ftr-297	114	2	hereinafter	hereinafter	NOUN
ftr-297	114	3	willis	willis	PROPN
ftr-297	114	4	&	&	CCONJ
ftr-297	114	5	postlewaite	postlewaite	PROPN
ftr-297	114	6	,	,	PUNCT
ftr-297	114	7	partnership	partnership	NOUN
ftr-297	114	8	taxation	taxation	NOUN
ftr-297	114	9	]	]	PUNCT
ftr-297	114	10	.	.	PUNCT
ftr-297	115	1	110	110	NUM
ftr-297	116	1	[	[	X
ftr-297	116	2	vol	vol	NOUN
ftr-297	116	3	.	.	PUNCT
ftr-297	117	1	15:3	15:3	NUM
ftr-297	117	2	optional	optional	ADJ
ftr-297	117	3	basis	basis	NOUN
ftr-297	117	4	adjustments	adjustment	NOUN
ftr-297	117	5	under	under	ADP
ftr-297	117	6	subchapter	subchapter	NOUN
ftr-297	117	7	k	k	PROPN
ftr-297	117	8	acquisition	acquisition	NOUN
ftr-297	117	9	appreciation	appreciation	NOUN
ftr-297	117	10	or	or	CCONJ
ftr-297	117	11	depreciation	depreciation	NOUN
ftr-297	117	12	of	of	ADP
ftr-297	117	13	the	the	DET
ftr-297	117	14	partnership	partnership	NOUN
ftr-297	117	15	's	's	PART
ftr-297	117	16	assets	asset	NOUN
ftr-297	117	17	.	.	PUNCT
ftr-297	118	1	with	with	ADP
ftr-297	118	2	an	an	DET
ftr-297	118	3	election	election	NOUN
ftr-297	118	4	in	in	ADP
ftr-297	118	5	effect	effect	NOUN
ftr-297	118	6	,	,	PUNCT
ftr-297	118	7	the	the	DET
ftr-297	118	8	basis	basis	NOUN
ftr-297	118	9	adjustment	adjustment	NOUN
ftr-297	118	10	is	be	AUX
ftr-297	118	11	intended	intend	VERB
ftr-297	118	12	to	to	PART
ftr-297	118	13	eliminate	eliminate	VERB
ftr-297	118	14	most	most	ADJ
ftr-297	118	15	,	,	PUNCT
ftr-297	118	16	if	if	SCONJ
ftr-297	118	17	not	not	PART
ftr-297	118	18	all	all	PRON
ftr-297	118	19	,	,	PUNCT
ftr-297	118	20	of	of	ADP
ftr-297	118	21	these	these	DET
ftr-297	118	22	consequences	consequence	NOUN
ftr-297	118	23	.	.	PUNCT
ftr-297	119	1	consider	consider	VERB
ftr-297	119	2	again	again	ADV
ftr-297	119	3	the	the	DET
ftr-297	119	4	sale	sale	NOUN
ftr-297	119	5	to	to	ADP
ftr-297	119	6	d	d	PROPN
ftr-297	119	7	of	of	ADP
ftr-297	119	8	c	c	PROPN
ftr-297	119	9	's	's	PART
ftr-297	119	10	interest	interest	NOUN
ftr-297	119	11	in	in	ADP
ftr-297	119	12	partnership	partnership	NOUN
ftr-297	119	13	abc	abc	PROPN
ftr-297	119	14	for	for	ADP
ftr-297	119	15	$	$	SYM
ftr-297	119	16	11,000	11,000	NUM
ftr-297	119	17	.	.	PUNCT
ftr-297	120	1	on	on	ADP
ftr-297	120	2	the	the	DET
ftr-297	120	3	date	date	NOUN
ftr-297	120	4	of	of	ADP
ftr-297	120	5	the	the	DET
ftr-297	120	6	sale	sale	NOUN
ftr-297	120	7	,	,	PUNCT
ftr-297	120	8	the	the	DET
ftr-297	120	9	balance	balance	NOUN
ftr-297	120	10	sheet	sheet	NOUN
ftr-297	120	11	of	of	ADP
ftr-297	120	12	the	the	DET
ftr-297	120	13	partnership	partnership	NOUN
ftr-297	120	14	is	be	AUX
ftr-297	120	15	as	as	SCONJ
ftr-297	120	16	follows	follow	VERB
ftr-297	120	17	:	:	PUNCT
ftr-297	121	1	assets	asset	NOUN
ftr-297	121	2	:	:	PUNCT
ftr-297	121	3	adjusted	adjust	VERB
ftr-297	121	4	fair	fair	ADJ
ftr-297	121	5	capital	capital	NOUN
ftr-297	121	6	:	:	PUNCT
ftr-297	121	7	adjusted	adjust	VERB
ftr-297	121	8	fair	fair	ADJ
ftr-297	121	9	basis	basis	NOUN
ftr-297	121	10	market	market	NOUN
ftr-297	121	11	basis	basis	NOUN
ftr-297	121	12	market	market	NOUN
ftr-297	121	13	value	value	NOUN
ftr-297	121	14	value	value	NOUN
ftr-297	121	15	cash	cash	NOUN
ftr-297	121	16	$	$	SYM
ftr-297	121	17	3,000	3,000	NUM
ftr-297	121	18	$	$	SYM
ftr-297	121	19	3,000	3,000	NUM
ftr-297	121	20	a	a	DET
ftr-297	121	21	$	$	SYM
ftr-297	121	22	6,000	6,000	NUM
ftr-297	121	23	$	$	SYM
ftr-297	121	24	11,000	11,000	NUM
ftr-297	121	25	inventory	inventory	NOUN
ftr-297	121	26	9,000	9,000	NUM
ftr-297	121	27	18,000	18,000	NUM
ftr-297	121	28	b	b	NOUN
ftr-297	121	29	6,000	6,000	NUM
ftr-297	121	30	11,000	11,000	NUM
ftr-297	121	31	capital	capital	NOUN
ftr-297	121	32	asset	asset	NOUN
ftr-297	121	33	6,000	6,000	NUM
ftr-297	121	34	10	10	NUM
ftr-297	121	35	c	c	NOUN
ftr-297	121	36	_	_	NOUN
ftr-297	121	37	6	6	NUM
ftr-297	121	38	,	,	PUNCT
ftr-297	121	39	)	)	PUNCT
ftr-297	121	40	(	(	PUNCT
ftr-297	121	41	11,00	11,00	NUM
ftr-297	121	42	total	total	VERB
ftr-297	121	43	$	$	SYM
ftr-297	121	44	18,000	18,000	NUM
ftr-297	121	45	$	$	SYM
ftr-297	121	46	33,000	33,000	NUM
ftr-297	121	47	total	total	ADJ
ftr-297	121	48	$	$	SYM
ftr-297	121	49	18,000	18,000	NUM
ftr-297	121	50	$	$	SYM
ftr-297	121	51	33,000	33,000	NUM
ftr-297	121	52	c	c	NOUN
ftr-297	121	53	's	's	PART
ftr-297	121	54	one	one	NUM
ftr-297	121	55	-	-	PUNCT
ftr-297	121	56	third	third	NOUN
ftr-297	121	57	interest	interest	NOUN
ftr-297	121	58	in	in	ADP
ftr-297	121	59	the	the	DET
ftr-297	121	60	partnership	partnership	NOUN
ftr-297	121	61	's	's	PART
ftr-297	121	62	assets	asset	NOUN
ftr-297	121	63	at	at	ADP
ftr-297	121	64	the	the	DET
ftr-297	121	65	date	date	NOUN
ftr-297	121	66	of	of	ADP
ftr-297	121	67	sale	sale	NOUN
ftr-297	121	68	is	be	AUX
ftr-297	121	69	:	:	PUNCT
ftr-297	121	70	assets	asset	NOUN
ftr-297	121	71	:	:	PUNCT
ftr-297	121	72	adjusted	adjust	VERB
ftr-297	121	73	fair	fair	ADJ
ftr-297	121	74	market	market	NOUN
ftr-297	121	75	basis	basis	NOUN
ftr-297	121	76	value	value	NOUN
ftr-297	121	77	cash	cash	VERB
ftr-297	121	78	$	$	SYM
ftr-297	121	79	1,000	1,000	NUM
ftr-297	121	80	$	$	SYM
ftr-297	121	81	1,000	1,000	NUM
ftr-297	121	82	inventory	inventory	NOUN
ftr-297	121	83	3,000	3,000	NUM
ftr-297	121	84	6,000	6,000	NUM
ftr-297	121	85	capital	capital	NOUN
ftr-297	121	86	asset	asset	NOUN
ftr-297	121	87	2	2	NUM
ftr-297	121	88	4,000	4,000	NUM
ftr-297	121	89	total	total	ADJ
ftr-297	121	90	$	$	SYM
ftr-297	121	91	6,000	6,000	NUM
ftr-297	121	92	$	$	SYM
ftr-297	121	93	11,000	11,000	NUM
ftr-297	121	94	if	if	SCONJ
ftr-297	121	95	the	the	DET
ftr-297	121	96	basis	basis	NOUN
ftr-297	121	97	of	of	ADP
ftr-297	121	98	the	the	DET
ftr-297	121	99	partnership	partnership	NOUN
ftr-297	121	100	property	property	NOUN
ftr-297	121	101	is	be	AUX
ftr-297	121	102	not	not	PART
ftr-297	121	103	adjusted	adjust	VERB
ftr-297	121	104	to	to	PART
ftr-297	121	105	reflect	reflect	VERB
ftr-297	121	106	the	the	DET
ftr-297	121	107	sale	sale	NOUN
ftr-297	121	108	to	to	ADP
ftr-297	121	109	d	d	PROPN
ftr-297	121	110	,	,	PUNCT
ftr-297	121	111	partnership	partnership	NOUN
ftr-297	121	112	bcd	bcd	PROPN
ftr-297	121	113	will	will	AUX
ftr-297	121	114	have	have	VERB
ftr-297	121	115	$	$	SYM
ftr-297	121	116	9,000	9,000	NUM
ftr-297	121	117	of	of	ADP
ftr-297	121	118	income	income	NOUN
ftr-297	121	119	if	if	SCONJ
ftr-297	121	120	it	it	PRON
ftr-297	121	121	sells	sell	VERB
ftr-297	121	122	inventory	inventory	NOUN
ftr-297	121	123	and	and	CCONJ
ftr-297	121	124	a	a	DET
ftr-297	121	125	$	$	SYM
ftr-297	121	126	6,000	6,000	NUM
ftr-297	121	127	gain	gain	NOUN
ftr-297	121	128	if	if	SCONJ
ftr-297	121	129	it	it	PRON
ftr-297	121	130	sells	sell	VERB
ftr-297	121	131	capital	capital	NOUN
ftr-297	121	132	asset	asset	NOUN
ftr-297	121	133	.	.	PUNCT
ftr-297	122	1	d	d	X
ftr-297	122	2	's	's	PART
ftr-297	122	3	distributive	distributive	ADJ
ftr-297	122	4	share	share	NOUN
ftr-297	122	5	of	of	ADP
ftr-297	122	6	the	the	DET
ftr-297	122	7	income	income	NOUN
ftr-297	122	8	from	from	ADP
ftr-297	122	9	the	the	DET
ftr-297	122	10	sale	sale	NOUN
ftr-297	122	11	of	of	ADP
ftr-297	122	12	the	the	DET
ftr-297	122	13	inventory	inventory	NOUN
ftr-297	122	14	will	will	AUX
ftr-297	122	15	be	be	AUX
ftr-297	122	16	$	$	SYM
ftr-297	122	17	3,000	3,000	NUM
ftr-297	122	18	,	,	PUNCT
ftr-297	122	19	and	and	CCONJ
ftr-297	122	20	her	her	PRON
ftr-297	122	21	distributive	distributive	ADJ
ftr-297	122	22	share	share	NOUN
ftr-297	122	23	of	of	ADP
ftr-297	122	24	the	the	DET
ftr-297	122	25	gain	gain	NOUN
ftr-297	122	26	from	from	ADP
ftr-297	122	27	capital	capital	NOUN
ftr-297	122	28	asset	asset	NOUN
ftr-297	122	29	will	will	AUX
ftr-297	122	30	be	be	AUX
ftr-297	122	31	$	$	SYM
ftr-297	122	32	2,000	2,000	NUM
ftr-297	122	33	.	.	PUNCT
ftr-297	123	1	this	this	DET
ftr-297	123	2	treatment	treatment	NOUN
ftr-297	123	3	will	will	AUX
ftr-297	123	4	be	be	AUX
ftr-297	123	5	unfair	unfair	ADJ
ftr-297	123	6	to	to	ADP
ftr-297	123	7	d	d	PROPN
ftr-297	123	8	,	,	PUNCT
ftr-297	123	9	because	because	SCONJ
ftr-297	123	10	she	she	PRON
ftr-297	123	11	purchased	purchase	VERB
ftr-297	123	12	a	a	DET
ftr-297	123	13	partnership	partnership	NOUN
ftr-297	123	14	interest	interest	NOUN
ftr-297	123	15	based	base	VERB
ftr-297	123	16	on	on	ADP
ftr-297	123	17	one	one	NUM
ftr-297	123	18	-	-	PUNCT
ftr-297	123	19	third	third	NOUN
ftr-297	123	20	of	of	ADP
ftr-297	123	21	the	the	DET
ftr-297	123	22	market	market	NOUN
ftr-297	123	23	values	value	NOUN
ftr-297	123	24	of	of	ADP
ftr-297	123	25	inventory	inventory	NOUN
ftr-297	123	26	and	and	CCONJ
ftr-297	123	27	capital	capital	NOUN
ftr-297	123	28	asset	asset	NOUN
ftr-297	123	29	.	.	PUNCT
ftr-297	124	1	she	she	PRON
ftr-297	124	2	should	should	AUX
ftr-297	124	3	not	not	PART
ftr-297	124	4	recognize	recognize	VERB
ftr-297	124	5	taxable	taxable	ADJ
ftr-297	124	6	gain	gain	NOUN
ftr-297	124	7	on	on	ADP
ftr-297	124	8	the	the	DET
ftr-297	124	9	partnership	partnership	NOUN
ftr-297	124	10	's	's	PART
ftr-297	124	11	sale	sale	NOUN
ftr-297	124	12	of	of	ADP
ftr-297	124	13	those	those	DET
ftr-297	124	14	items	item	NOUN
ftr-297	124	15	at	at	ADP
ftr-297	124	16	the	the	DET
ftr-297	124	17	values	value	NOUN
ftr-297	124	18	upon	upon	SCONJ
ftr-297	124	19	which	which	PRON
ftr-297	124	20	she	she	PRON
ftr-297	124	21	determined	determine	VERB
ftr-297	124	22	the	the	DET
ftr-297	124	23	purchase	purchase	NOUN
ftr-297	124	24	price	price	NOUN
ftr-297	124	25	for	for	ADP
ftr-297	124	26	her	her	PRON
ftr-297	124	27	interest	interest	NOUN
ftr-297	124	28	.	.	PUNCT
ftr-297	125	1	furthermore	furthermore	ADV
ftr-297	125	2	,	,	PUNCT
ftr-297	125	3	c	c	PROPN
ftr-297	125	4	already	already	ADV
ftr-297	125	5	paid	pay	VERB
ftr-297	125	6	tax	tax	NOUN
ftr-297	125	7	on	on	ADP
ftr-297	125	8	the	the	DET
ftr-297	125	9	gain	gain	NOUN
ftr-297	125	10	attributable	attributable	ADJ
ftr-297	125	11	to	to	ADP
ftr-297	125	12	those	those	DET
ftr-297	125	13	assets	asset	NOUN
ftr-297	125	14	when	when	SCONJ
ftr-297	125	15	she	she	PRON
ftr-297	125	16	sold	sell	VERB
ftr-297	125	17	her	her	PRON
ftr-297	125	18	interest	interest	NOUN
ftr-297	125	19	to	to	ADP
ftr-297	125	20	d	d	PROPN
ftr-297	125	21	,	,	PUNCT
ftr-297	125	22	i.e.	i.e.	X
ftr-297	125	23	,	,	PUNCT
ftr-297	125	24	amount	amount	NOUN
ftr-297	125	25	realized	realize	VERB
ftr-297	125	26	(	(	PUNCT
ftr-297	125	27	$	$	SYM
ftr-297	125	28	11,000	11,000	NUM
ftr-297	125	29	)	)	PUNCT
ftr-297	125	30	decreased	decrease	VERB
ftr-297	125	31	by	by	ADP
ftr-297	125	32	adjusted	adjusted	ADJ
ftr-297	125	33	basis	basis	NOUN
ftr-297	125	34	(	(	PUNCT
ftr-297	125	35	$	$	SYM
ftr-297	125	36	6,000	6,000	NUM
ftr-297	125	37	)	)	PUNCT
ftr-297	125	38	for	for	ADP
ftr-297	125	39	a	a	DET
ftr-297	125	40	resulting	result	VERB
ftr-297	125	41	gain	gain	NOUN
ftr-297	125	42	of	of	ADP
ftr-297	125	43	$	$	SYM
ftr-297	125	44	5,000	5,000	NUM
ftr-297	125	45	.	.	PUNCT
ftr-297	126	1	to	to	PART
ftr-297	126	2	tax	tax	VERB
ftr-297	126	3	the	the	DET
ftr-297	126	4	gain	gain	NOUN
ftr-297	126	5	again	again	ADV
ftr-297	126	6	suggests	suggest	VERB
ftr-297	126	7	that	that	SCONJ
ftr-297	126	8	the	the	DET
ftr-297	126	9	fisc	fisc	NOUN
ftr-297	126	10	has	have	AUX
ftr-297	126	11	extracted	extract	VERB
ftr-297	126	12	two	two	NUM
ftr-297	126	13	pounds	pound	NOUN
ftr-297	126	14	of	of	ADP
ftr-297	126	15	flesh	flesh	NOUN
ftr-297	126	16	rather	rather	ADV
ftr-297	126	17	than	than	ADP
ftr-297	126	18	one.4	one.4	ADJ
ftr-297	126	19	3	3	NUM
ftr-297	126	20	.	.	PUNCT
ftr-297	126	21	i.r.c	i.r.c	NOUN
ftr-297	126	22	.	.	PUNCT
ftr-297	127	1	§	§	PROPN
ftr-297	127	2	743(b	743(b	PROPN
ftr-297	127	3	)	)	PUNCT
ftr-297	127	4	.	.	PUNCT
ftr-297	128	1	4	4	X
ftr-297	128	2	.	.	X
ftr-297	128	3	importantly	importantly	ADV
ftr-297	128	4	,	,	PUNCT
ftr-297	128	5	the	the	DET
ftr-297	128	6	absence	absence	NOUN
ftr-297	128	7	of	of	ADP
ftr-297	128	8	the	the	DET
ftr-297	128	9	section	section	NOUN
ftr-297	128	10	743(b	743(b	PROPN
ftr-297	128	11	)	)	PUNCT
ftr-297	128	12	adjustment	adjustment	NOUN
ftr-297	128	13	will	will	AUX
ftr-297	128	14	not	not	PART
ftr-297	128	15	lead	lead	VERB
ftr-297	128	16	to	to	ADP
ftr-297	128	17	actual	actual	ADJ
ftr-297	128	18	"	"	PUNCT
ftr-297	128	19	double	double	ADJ
ftr-297	128	20	taxation	taxation	NOUN
ftr-297	128	21	.	.	PUNCT
ftr-297	128	22	"	"	PUNCT
ftr-297	129	1	in	in	ADP
ftr-297	129	2	the	the	DET
ftr-297	129	3	example	example	NOUN
ftr-297	129	4	,	,	PUNCT
ftr-297	129	5	assuming	assume	VERB
ftr-297	129	6	no	no	DET
ftr-297	129	7	subsequent	subsequent	ADJ
ftr-297	129	8	appreciation	appreciation	NOUN
ftr-297	129	9	or	or	CCONJ
ftr-297	129	10	depreciation	depreciation	NOUN
ftr-297	129	11	in	in	ADP
ftr-297	129	12	value	value	NOUN
ftr-297	129	13	,	,	PUNCT
ftr-297	129	14	d	d	PROPN
ftr-297	129	15	ultimately	ultimately	ADV
ftr-297	129	16	would	would	AUX
ftr-297	129	17	offset	offset	VERB
ftr-297	129	18	her	her	PRON
ftr-297	129	19	distributive	distributive	ADJ
ftr-297	129	20	share	share	NOUN
ftr-297	129	21	of	of	ADP
ftr-297	129	22	the	the	DET
ftr-297	129	23	partnership	partnership	NOUN
ftr-297	129	24	's	's	PART
ftr-297	129	25	income	income	NOUN
ftr-297	129	26	attributable	attributable	ADJ
ftr-297	129	27	to	to	ADP
ftr-297	129	28	pre	pre	ADJ
ftr-297	129	29	-	-	ADJ
ftr-297	129	30	acquisition	acquisition	ADJ
ftr-297	129	31	appreciation	appreciation	NOUN
ftr-297	129	32	with	with	ADP
ftr-297	129	33	the	the	DET
ftr-297	129	34	tax	tax	NOUN
ftr-297	129	35	loss	loss	NOUN
ftr-297	129	36	she	she	PRON
ftr-297	129	37	would	would	AUX
ftr-297	129	38	have	have	VERB
ftr-297	129	39	on	on	ADP
ftr-297	129	40	the	the	DET
ftr-297	129	41	subsequent	subsequent	ADJ
ftr-297	129	42	sale	sale	NOUN
ftr-297	129	43	or	or	CCONJ
ftr-297	129	44	liquidation	liquidation	NOUN
ftr-297	129	45	of	of	ADP
ftr-297	129	46	the	the	DET
ftr-297	129	47	partnership	partnership	NOUN
ftr-297	129	48	interest	interest	NOUN
ftr-297	129	49	.	.	PUNCT
ftr-297	130	1	under	under	ADP
ftr-297	130	2	section	section	NOUN
ftr-297	130	3	705(a)(1)(a	705(a)(1)(a	NUM
ftr-297	130	4	)	)	PUNCT
ftr-297	130	5	,	,	PUNCT
ftr-297	130	6	the	the	DET
ftr-297	130	7	basis	basis	NOUN
ftr-297	130	8	for	for	ADP
ftr-297	130	9	d	d	PROPN
ftr-297	130	10	's	's	PART
ftr-297	130	11	interest	interest	NOUN
ftr-297	130	12	increases	increase	VERB
ftr-297	130	13	to	to	ADP
ftr-297	130	14	$	$	SYM
ftr-297	130	15	16,000	16,000	NUM
ftr-297	130	16	(	(	PUNCT
ftr-297	130	17	$	$	SYM
ftr-297	130	18	11,000	11,000	NUM
ftr-297	130	19	purchase	purchase	NOUN
ftr-297	130	20	price	price	NOUN
ftr-297	130	21	plus	plus	CCONJ
ftr-297	130	22	$	$	SYM
ftr-297	130	23	5,000	5,000	NUM
ftr-297	130	24	of	of	ADP
ftr-297	130	25	income	income	NOUN
ftr-297	130	26	)	)	PUNCT
ftr-297	130	27	as	as	SCONJ
ftr-297	130	28	partnership	partnership	NOUN
ftr-297	130	29	bcd	bcd	PROPN
ftr-297	130	30	recognizes	recognize	VERB
ftr-297	130	31	income	income	NOUN
ftr-297	130	32	on	on	ADP
ftr-297	130	33	the	the	DET
ftr-297	130	34	111	111	NUM
ftr-297	130	35	florida	florida	PROPN
ftr-297	130	36	tax	tax	NOUN
ftr-297	130	37	review	review	NOUN
ftr-297	130	38	similarly	similarly	ADV
ftr-297	130	39	,	,	PUNCT
ftr-297	130	40	an	an	DET
ftr-297	130	41	adjustment	adjustment	NOUN
ftr-297	130	42	to	to	ADP
ftr-297	130	43	basis	basis	NOUN
ftr-297	130	44	would	would	AUX
ftr-297	130	45	be	be	AUX
ftr-297	130	46	required	require	VERB
ftr-297	130	47	to	to	PART
ftr-297	130	48	avoid	avoid	VERB
ftr-297	130	49	unfairness	unfairness	NOUN
ftr-297	130	50	if	if	SCONJ
ftr-297	130	51	c	c	PROPN
ftr-297	130	52	died	die	VERB
ftr-297	130	53	and	and	CCONJ
ftr-297	130	54	her	her	PRON
ftr-297	130	55	partnership	partnership	NOUN
ftr-297	130	56	interest	interest	NOUN
ftr-297	130	57	passed	pass	VERB
ftr-297	130	58	to	to	ADP
ftr-297	130	59	d.	d.	PROPN
ftr-297	130	60	the	the	DET
ftr-297	130	61	basis	basis	NOUN
ftr-297	130	62	of	of	ADP
ftr-297	130	63	the	the	DET
ftr-297	130	64	partnership	partnership	NOUN
ftr-297	130	65	interest	interest	NOUN
ftr-297	130	66	in	in	ADP
ftr-297	130	67	d	d	PROPN
ftr-297	130	68	's	's	PART
ftr-297	130	69	hands	hand	NOUN
ftr-297	130	70	would	would	AUX
ftr-297	130	71	be	be	AUX
ftr-297	130	72	its	its	PRON
ftr-297	130	73	fair	fair	ADJ
ftr-297	130	74	market	market	NOUN
ftr-297	130	75	value	value	NOUN
ftr-297	130	76	at	at	ADP
ftr-297	130	77	the	the	DET
ftr-297	130	78	date	date	NOUN
ftr-297	130	79	of	of	ADP
ftr-297	130	80	c	c	PROPN
ftr-297	130	81	's	's	PART
ftr-297	130	82	death	death	NOUN
ftr-297	130	83	(	(	PUNCT
ftr-297	130	84	or	or	CCONJ
ftr-297	130	85	at	at	ADP
ftr-297	130	86	the	the	DET
ftr-297	130	87	optional	optional	ADJ
ftr-297	130	88	valuation	valuation	NOUN
ftr-297	130	89	date	date	NOUN
ftr-297	130	90	)	)	PUNCT
ftr-297	130	91	,	,	PUNCT
ftr-297	130	92	i.e.	i.e.	X
ftr-297	130	93	,	,	PUNCT
ftr-297	130	94	$	$	SYM
ftr-297	130	95	11,000	11,000	NUM
ftr-297	130	96	.	.	PUNCT
ftr-297	131	1	if	if	SCONJ
ftr-297	131	2	d	d	PROPN
ftr-297	131	3	's	's	PART
ftr-297	131	4	basis	basis	NOUN
ftr-297	131	5	of	of	ADP
ftr-297	131	6	$	$	SYM
ftr-297	131	7	11,000	11,000	NUM
ftr-297	131	8	for	for	ADP
ftr-297	131	9	the	the	DET
ftr-297	131	10	interest	interest	NOUN
ftr-297	131	11	acquired	acquire	VERB
ftr-297	131	12	from	from	ADP
ftr-297	131	13	the	the	DET
ftr-297	131	14	decedent	decedent	NOUN
ftr-297	131	15	were	be	AUX
ftr-297	131	16	not	not	PART
ftr-297	131	17	reflected	reflect	VERB
ftr-297	131	18	in	in	ADP
ftr-297	131	19	the	the	DET
ftr-297	131	20	basis	basis	NOUN
ftr-297	131	21	of	of	ADP
ftr-297	131	22	the	the	DET
ftr-297	131	23	partnership	partnership	NOUN
ftr-297	131	24	's	's	PART
ftr-297	131	25	assets	asset	NOUN
ftr-297	131	26	,	,	PUNCT
ftr-297	131	27	an	an	DET
ftr-297	131	28	unfair	unfair	ADJ
ftr-297	131	29	result	result	NOUN
ftr-297	131	30	similar	similar	ADJ
ftr-297	131	31	to	to	ADP
ftr-297	131	32	that	that	PRON
ftr-297	131	33	in	in	ADP
ftr-297	131	34	the	the	DET
ftr-297	131	35	purchase	purchase	NOUN
ftr-297	131	36	context	context	NOUN
ftr-297	131	37	would	would	AUX
ftr-297	131	38	ensue	ensue	VERB
ftr-297	131	39	,	,	PUNCT
ftr-297	131	40	again	again	ADV
ftr-297	131	41	invoking	invoke	VERB
ftr-297	131	42	the	the	DET
ftr-297	131	43	specter	specter	NOUN
ftr-297	131	44	of	of	ADP
ftr-297	131	45	double	double	ADJ
ftr-297	131	46	taxation	taxation	NOUN
ftr-297	131	47	.	.	PUNCT
ftr-297	132	1	the	the	DET
ftr-297	132	2	basis	basis	NOUN
ftr-297	132	3	adjustment	adjustment	NOUN
ftr-297	132	4	seeks	seek	VERB
ftr-297	132	5	to	to	PART
ftr-297	132	6	avoid	avoid	VERB
ftr-297	132	7	unfairness	unfairness	NOUN
ftr-297	132	8	to	to	ADP
ftr-297	132	9	d	d	NOUN
ftr-297	132	10	in	in	ADP
ftr-297	132	11	either	either	DET
ftr-297	132	12	situation	situation	NOUN
ftr-297	132	13	by	by	ADP
ftr-297	132	14	permitting	permit	VERB
ftr-297	132	15	an	an	DET
ftr-297	132	16	adjustment	adjustment	NOUN
ftr-297	132	17	to	to	ADP
ftr-297	132	18	the	the	DET
ftr-297	132	19	basis	basis	NOUN
ftr-297	132	20	of	of	ADP
ftr-297	132	21	the	the	DET
ftr-297	132	22	partnership	partnership	NOUN
ftr-297	132	23	property	property	NOUN
ftr-297	132	24	to	to	PART
ftr-297	132	25	reflect	reflect	VERB
ftr-297	132	26	the	the	DET
ftr-297	132	27	purchase	purchase	NOUN
ftr-297	132	28	price	price	NOUN
ftr-297	132	29	of	of	ADP
ftr-297	132	30	the	the	DET
ftr-297	132	31	interest	interest	NOUN
ftr-297	132	32	if	if	SCONJ
ftr-297	132	33	acquired	acquire	VERB
ftr-297	132	34	by	by	ADP
ftr-297	132	35	sale	sale	NOUN
ftr-297	132	36	or	or	CCONJ
ftr-297	132	37	exchange	exchange	NOUN
ftr-297	132	38	or	or	CCONJ
ftr-297	132	39	the	the	DET
ftr-297	132	40	estate	estate	NOUN
ftr-297	132	41	tax	tax	NOUN
ftr-297	132	42	basis	basis	NOUN
ftr-297	132	43	if	if	SCONJ
ftr-297	132	44	acquired	acquire	VERB
ftr-297	132	45	by	by	ADP
ftr-297	132	46	inheritance	inheritance	NOUN
ftr-297	132	47	.	.	PUNCT
ftr-297	132	48	'	'	PUNCT
ftr-297	133	1	while	while	SCONJ
ftr-297	133	2	unfairness	unfairness	ADJ
ftr-297	133	3	to	to	ADP
ftr-297	133	4	the	the	DET
ftr-297	133	5	transferee	transferee	PROPN
ftr-297	133	6	partner	partner	NOUN
ftr-297	133	7	results	result	NOUN
ftr-297	133	8	in	in	ADP
ftr-297	133	9	the	the	DET
ftr-297	133	10	case	case	NOUN
ftr-297	133	11	of	of	ADP
ftr-297	133	12	a	a	DET
ftr-297	133	13	transfer	transfer	NOUN
ftr-297	133	14	of	of	ADP
ftr-297	133	15	an	an	DET
ftr-297	133	16	appreciated	appreciated	ADJ
ftr-297	133	17	partnership	partnership	NOUN
ftr-297	133	18	interest	interest	NOUN
ftr-297	133	19	,	,	PUNCT
ftr-297	133	20	a	a	DET
ftr-297	133	21	tax	tax	NOUN
ftr-297	133	22	planning	planning	NOUN
ftr-297	133	23	opportunity	opportunity	NOUN
ftr-297	133	24	arises	arise	VERB
ftr-297	133	25	in	in	ADP
ftr-297	133	26	the	the	DET
ftr-297	133	27	case	case	NOUN
ftr-297	133	28	of	of	ADP
ftr-297	133	29	a	a	DET
ftr-297	133	30	transfer	transfer	NOUN
ftr-297	133	31	of	of	ADP
ftr-297	133	32	a	a	DET
ftr-297	133	33	depreciated	depreciate	VERB
ftr-297	133	34	partnership	partnership	NOUN
ftr-297	133	35	interest	interest	NOUN
ftr-297	133	36	.	.	PUNCT
ftr-297	134	1	the	the	DET
ftr-297	134	2	transferor	transferor	NOUN
ftr-297	134	3	partner	partner	NOUN
ftr-297	134	4	recognizes	recognize	VERB
ftr-297	134	5	a	a	DET
ftr-297	134	6	loss	loss	NOUN
ftr-297	134	7	on	on	ADP
ftr-297	134	8	the	the	DET
ftr-297	134	9	transfer	transfer	NOUN
ftr-297	134	10	and	and	CCONJ
ftr-297	134	11	the	the	DET
ftr-297	134	12	transferee	transferee	NOUN
ftr-297	134	13	will	will	AUX
ftr-297	134	14	duplicate	duplicate	VERB
ftr-297	134	15	that	that	DET
ftr-297	134	16	loss	loss	NOUN
ftr-297	134	17	when	when	SCONJ
ftr-297	134	18	the	the	DET
ftr-297	134	19	assets	asset	NOUN
ftr-297	134	20	are	be	AUX
ftr-297	134	21	sold	sell	VERB
ftr-297	134	22	by	by	ADP
ftr-297	134	23	the	the	DET
ftr-297	134	24	partnership	partnership	NOUN
ftr-297	134	25	.	.	PUNCT
ftr-297	135	1	given	give	VERB
ftr-297	135	2	the	the	DET
ftr-297	135	3	unsound	unsound	ADJ
ftr-297	135	4	tax	tax	NOUN
ftr-297	135	5	consequences	consequence	NOUN
ftr-297	135	6	of	of	ADP
ftr-297	135	7	a	a	DET
ftr-297	135	8	failure	failure	NOUN
ftr-297	135	9	to	to	PART
ftr-297	135	10	elect	elect	VERB
ftr-297	135	11	the	the	DET
ftr-297	135	12	optional	optional	ADJ
ftr-297	135	13	basis	basis	NOUN
ftr-297	135	14	adjustments	adjustment	NOUN
ftr-297	135	15	,	,	PUNCT
ftr-297	135	16	i.e.	i.e.	X
ftr-297	135	17	,	,	PUNCT
ftr-297	135	18	double	double	ADJ
ftr-297	135	19	taxation	taxation	NOUN
ftr-297	135	20	,	,	PUNCT
ftr-297	135	21	loss	loss	NOUN
ftr-297	135	22	duplication	duplication	NOUN
ftr-297	135	23	,	,	PUNCT
ftr-297	135	24	and	and	CCONJ
ftr-297	135	25	a	a	DET
ftr-297	135	26	disparity	disparity	NOUN
ftr-297	135	27	between	between	ADP
ftr-297	135	28	inside	inside	ADP
ftr-297	135	29	and	and	CCONJ
ftr-297	135	30	outside	outside	ADJ
ftr-297	135	31	basis	basis	NOUN
ftr-297	135	32	,	,	PUNCT
ftr-297	135	33	the	the	DET
ftr-297	135	34	question	question	NOUN
ftr-297	135	35	arises	arise	VERB
ftr-297	135	36	as	as	ADP
ftr-297	135	37	to	to	ADP
ftr-297	135	38	why	why	SCONJ
ftr-297	135	39	they	they	PRON
ftr-297	135	40	are	be	AUX
ftr-297	135	41	elective	elective	ADJ
ftr-297	135	42	.	.	PUNCT
ftr-297	136	1	as	as	ADP
ftr-297	136	2	illustrated	illustrate	VERB
ftr-297	136	3	,	,	PUNCT
ftr-297	136	4	tax	tax	NOUN
ftr-297	136	5	policy	policy	NOUN
ftr-297	136	6	concerns	concern	NOUN
ftr-297	136	7	warrant	warrant	VERB
ftr-297	136	8	such	such	ADJ
ftr-297	136	9	ameliorative	ameliorative	ADJ
ftr-297	136	10	treatment	treatment	NOUN
ftr-297	136	11	.	.	PUNCT
ftr-297	137	1	as	as	SCONJ
ftr-297	137	2	discussed	discuss	VERB
ftr-297	137	3	in	in	ADP
ftr-297	137	4	the	the	DET
ftr-297	137	5	next	next	ADJ
ftr-297	137	6	section	section	NOUN
ftr-297	137	7	,	,	PUNCT
ftr-297	137	8	congress	congress	PROPN
ftr-297	137	9	recognized	recognize	VERB
ftr-297	137	10	the	the	DET
ftr-297	137	11	soundness	soundness	NOUN
ftr-297	137	12	of	of	ADP
ftr-297	137	13	such	such	DET
ftr-297	137	14	an	an	DET
ftr-297	137	15	approach	approach	NOUN
ftr-297	137	16	.	.	PUNCT
ftr-297	138	1	nevertheless	nevertheless	ADV
ftr-297	138	2	,	,	PUNCT
ftr-297	138	3	it	it	PRON
ftr-297	138	4	refrained	refrain	VERB
ftr-297	138	5	from	from	ADP
ftr-297	138	6	mandating	mandate	VERB
ftr-297	138	7	basis	basis	NOUN
ftr-297	138	8	adjustments	adjustment	NOUN
ftr-297	138	9	even	even	ADV
ftr-297	138	10	though	though	SCONJ
ftr-297	138	11	its	its	PRON
ftr-297	138	12	failure	failure	NOUN
ftr-297	138	13	to	to	PART
ftr-297	138	14	do	do	AUX
ftr-297	138	15	so	so	ADV
ftr-297	138	16	permits	permit	VERB
ftr-297	138	17	a	a	DET
ftr-297	138	18	disparity	disparity	NOUN
ftr-297	138	19	between	between	ADP
ftr-297	138	20	inside	inside	ADP
ftr-297	138	21	and	and	CCONJ
ftr-297	138	22	outside	outside	ADJ
ftr-297	138	23	basis	basis	NOUN
ftr-297	138	24	and	and	CCONJ
ftr-297	138	25	imposes	impose	VERB
ftr-297	138	26	collateral	collateral	ADJ
ftr-297	138	27	damage	damage	NOUN
ftr-297	138	28	on	on	ADP
ftr-297	138	29	the	the	DET
ftr-297	138	30	sound	sound	ADJ
ftr-297	138	31	tax	tax	NOUN
ftr-297	138	32	policy	policy	NOUN
ftr-297	138	33	operation	operation	NOUN
ftr-297	138	34	of	of	ADP
ftr-297	138	35	subchapter	subchapter	NOUN
ftr-297	138	36	k.	k.	NOUN
ftr-297	138	37	disposition	disposition	NOUN
ftr-297	138	38	of	of	ADP
ftr-297	138	39	the	the	DET
ftr-297	138	40	assets	asset	NOUN
ftr-297	138	41	.	.	PUNCT
ftr-297	139	1	on	on	ADP
ftr-297	139	2	the	the	DET
ftr-297	139	3	sale	sale	NOUN
ftr-297	139	4	or	or	CCONJ
ftr-297	139	5	liquidation	liquidation	NOUN
ftr-297	139	6	of	of	ADP
ftr-297	139	7	her	her	PRON
ftr-297	139	8	interest	interest	NOUN
ftr-297	139	9	for	for	ADP
ftr-297	139	10	cash	cash	NOUN
ftr-297	139	11	,	,	PUNCT
ftr-297	139	12	d	d	PROPN
ftr-297	139	13	would	would	AUX
ftr-297	139	14	recognize	recognize	VERB
ftr-297	139	15	a	a	DET
ftr-297	139	16	$	$	SYM
ftr-297	139	17	5,000	5,000	NUM
ftr-297	139	18	capital	capital	NOUN
ftr-297	139	19	loss	loss	NOUN
ftr-297	139	20	,	,	PUNCT
ftr-297	139	21	her	her	PRON
ftr-297	139	22	$	$	SYM
ftr-297	139	23	16,000	16,000	NUM
ftr-297	139	24	basis	basis	NOUN
ftr-297	139	25	less	less	ADV
ftr-297	139	26	the	the	DET
ftr-297	139	27	sales	sale	NOUN
ftr-297	139	28	proceeds	proceed	NOUN
ftr-297	139	29	of	of	ADP
ftr-297	139	30	$	$	SYM
ftr-297	139	31	11,000	11,000	NUM
ftr-297	139	32	.	.	PUNCT
ftr-297	140	1	while	while	SCONJ
ftr-297	140	2	the	the	DET
ftr-297	140	3	dollar	dollar	NOUN
ftr-297	140	4	amount	amount	NOUN
ftr-297	140	5	of	of	ADP
ftr-297	140	6	income	income	NOUN
ftr-297	140	7	and	and	CCONJ
ftr-297	140	8	loss	loss	NOUN
ftr-297	140	9	will	will	AUX
ftr-297	140	10	offset	offset	VERB
ftr-297	140	11	,	,	PUNCT
ftr-297	140	12	time	time	NOUN
ftr-297	140	13	value	value	NOUN
ftr-297	140	14	considerations	consideration	NOUN
ftr-297	140	15	and	and	CCONJ
ftr-297	140	16	characterization	characterization	NOUN
ftr-297	140	17	issues	issue	NOUN
ftr-297	140	18	(	(	PUNCT
ftr-297	140	19	possible	possible	ADJ
ftr-297	140	20	ordinary	ordinary	ADJ
ftr-297	140	21	income	income	NOUN
ftr-297	140	22	on	on	ADP
ftr-297	140	23	some	some	PRON
ftr-297	140	24	of	of	ADP
ftr-297	140	25	the	the	DET
ftr-297	140	26	partnership	partnership	NOUN
ftr-297	140	27	's	's	PART
ftr-297	140	28	dispositions	disposition	NOUN
ftr-297	140	29	of	of	ADP
ftr-297	140	30	assets	asset	NOUN
ftr-297	140	31	and	and	CCONJ
ftr-297	140	32	capital	capital	NOUN
ftr-297	140	33	loss	loss	NOUN
ftr-297	140	34	on	on	ADP
ftr-297	140	35	sale	sale	NOUN
ftr-297	140	36	)	)	PUNCT
ftr-297	140	37	may	may	AUX
ftr-297	140	38	prove	prove	VERB
ftr-297	140	39	disadvantageous	disadvantageous	ADJ
ftr-297	140	40	.	.	PUNCT
ftr-297	141	1	5	5	X
ftr-297	141	2	.	.	X
ftr-297	141	3	the	the	DET
ftr-297	141	4	adjustment	adjustment	NOUN
ftr-297	141	5	to	to	ADP
ftr-297	141	6	the	the	DET
ftr-297	141	7	basis	basis	NOUN
ftr-297	141	8	of	of	ADP
ftr-297	141	9	partnership	partnership	NOUN
ftr-297	141	10	property	property	NOUN
ftr-297	141	11	affects	affect	VERB
ftr-297	141	12	only	only	ADV
ftr-297	141	13	the	the	DET
ftr-297	141	14	acquiring	acquire	VERB
ftr-297	141	15	partner	partner	NOUN
ftr-297	141	16	and	and	CCONJ
ftr-297	141	17	is	be	AUX
ftr-297	141	18	available	available	ADJ
ftr-297	141	19	only	only	ADV
ftr-297	141	20	if	if	SCONJ
ftr-297	141	21	the	the	DET
ftr-297	141	22	partnership	partnership	NOUN
ftr-297	141	23	has	have	AUX
ftr-297	141	24	made	make	VERB
ftr-297	141	25	an	an	DET
ftr-297	141	26	election	election	NOUN
ftr-297	141	27	.	.	PUNCT
ftr-297	142	1	reg	reg	NOUN
ftr-297	142	2	.	.	PUNCT
ftr-297	143	1	§	§	PROPN
ftr-297	143	2	1.743	1.743	NUM
ftr-297	143	3	-	-	SYM
ftr-297	143	4	1(j)(1	1(j)(1	NUM
ftr-297	143	5	)	)	PUNCT
ftr-297	143	6	.	.	PUNCT
ftr-297	144	1	in	in	ADP
ftr-297	144	2	certain	certain	ADJ
ftr-297	144	3	settings	setting	NOUN
ftr-297	144	4	,	,	PUNCT
ftr-297	144	5	the	the	DET
ftr-297	144	6	adjustment	adjustment	NOUN
ftr-297	144	7	is	be	AUX
ftr-297	144	8	mandatory	mandatory	ADJ
ftr-297	144	9	.	.	PUNCT
ftr-297	145	1	see	see	VERB
ftr-297	145	2	discussion	discussion	NOUN
ftr-297	145	3	infra	infra	NOUN
ftr-297	145	4	at	at	ADP
ftr-297	145	5	part	part	PROPN
ftr-297	145	6	ii	ii	PROPN
ftr-297	145	7	,	,	PUNCT
ftr-297	145	8	j.	j.	PROPN
ftr-297	145	9	the	the	DET
ftr-297	145	10	other	other	ADJ
ftr-297	145	11	partners	partner	NOUN
ftr-297	145	12	are	be	AUX
ftr-297	145	13	unaffected	unaffected	ADJ
ftr-297	145	14	by	by	ADP
ftr-297	145	15	the	the	DET
ftr-297	145	16	adjustment	adjustment	NOUN
ftr-297	145	17	;	;	PUNCT
ftr-297	145	18	however	however	ADV
ftr-297	145	19	,	,	PUNCT
ftr-297	145	20	subsequent	subsequent	ADJ
ftr-297	145	21	distributions	distribution	NOUN
ftr-297	145	22	may	may	AUX
ftr-297	145	23	precipitate	precipitate	VERB
ftr-297	145	24	consequences	consequence	NOUN
ftr-297	145	25	under	under	ADP
ftr-297	145	26	section	section	NOUN
ftr-297	145	27	734(b	734(b	PROPN
ftr-297	145	28	)	)	PUNCT
ftr-297	145	29	and	and	CCONJ
ftr-297	145	30	subsequent	subsequent	ADJ
ftr-297	145	31	transfers	transfer	NOUN
ftr-297	145	32	will	will	AUX
ftr-297	145	33	be	be	AUX
ftr-297	145	34	subject	subject	ADJ
ftr-297	145	35	to	to	ADP
ftr-297	145	36	section	section	NOUN
ftr-297	145	37	743(b	743(b	PROPN
ftr-297	145	38	)	)	PUNCT
ftr-297	145	39	.	.	PUNCT
ftr-297	146	1	see	see	VERB
ftr-297	146	2	discussion	discussion	NOUN
ftr-297	146	3	infra	infra	NOUN
ftr-297	146	4	at	at	ADP
ftr-297	146	5	part	part	NOUN
ftr-297	146	6	iv	iv	NUM
ftr-297	146	7	.	.	PUNCT
ftr-297	147	1	the	the	DET
ftr-297	147	2	other	other	ADJ
ftr-297	147	3	partners	partner	NOUN
ftr-297	147	4	'	'	PART
ftr-297	147	5	subsequent	subsequent	ADJ
ftr-297	147	6	transferees	transferee	NOUN
ftr-297	147	7	or	or	CCONJ
ftr-297	147	8	successors	successor	NOUN
ftr-297	147	9	may	may	AUX
ftr-297	147	10	be	be	AUX
ftr-297	147	11	affected	affect	VERB
ftr-297	147	12	,	,	PUNCT
ftr-297	147	13	because	because	SCONJ
ftr-297	147	14	the	the	DET
ftr-297	147	15	election	election	NOUN
ftr-297	147	16	is	be	AUX
ftr-297	147	17	ongoing	ongoing	ADJ
ftr-297	147	18	and	and	CCONJ
ftr-297	147	19	may	may	AUX
ftr-297	147	20	be	be	AUX
ftr-297	147	21	revoked	revoke	VERB
ftr-297	147	22	only	only	ADV
ftr-297	147	23	with	with	ADP
ftr-297	147	24	the	the	DET
ftr-297	147	25	consent	consent	NOUN
ftr-297	147	26	of	of	ADP
ftr-297	147	27	the	the	DET
ftr-297	147	28	commissioner	commissioner	NOUN
ftr-297	147	29	.	.	PUNCT
ftr-297	148	1	112	112	NUM
ftr-297	149	1	[	[	X
ftr-297	149	2	vol	vol	NOUN
ftr-297	149	3	.	.	PUNCT
ftr-297	150	1	15:3	15:3	NUM
ftr-297	150	2	optional	optional	ADJ
ftr-297	150	3	basis	basis	NOUN
ftr-297	150	4	adjustments	adjustment	NOUN
ftr-297	150	5	under	under	ADP
ftr-297	150	6	subchapter	subchapter	PROPN
ftr-297	150	7	k	k	PROPN
ftr-297	150	8	b.	b.	PROPN
ftr-297	150	9	legislative	legislative	PROPN
ftr-297	150	10	history	history	NOUN
ftr-297	150	11	of	of	ADP
ftr-297	150	12	the	the	DET
ftr-297	150	13	bases	basis	NOUN
ftr-297	150	14	adjustments	adjustment	NOUN
ftr-297	150	15	section	section	NOUN
ftr-297	150	16	754	754	NUM
ftr-297	150	17	,	,	PUNCT
ftr-297	150	18	which	which	PRON
ftr-297	150	19	authorizes	authorize	VERB
ftr-297	150	20	basis	basis	NOUN
ftr-297	150	21	adjustments	adjustment	NOUN
ftr-297	150	22	under	under	ADP
ftr-297	150	23	section	section	NOUN
ftr-297	150	24	743	743	NUM
ftr-297	150	25	and	and	CCONJ
ftr-297	150	26	section	section	NOUN
ftr-297	150	27	734	734	NUM
ftr-297	150	28	,	,	PUNCT
ftr-297	150	29	was	be	AUX
ftr-297	150	30	enacted	enact	VERB
ftr-297	150	31	as	as	ADP
ftr-297	150	32	part	part	NOUN
ftr-297	150	33	of	of	ADP
ftr-297	150	34	the	the	DET
ftr-297	150	35	1954	1954	NUM
ftr-297	150	36	codification	codification	NOUN
ftr-297	150	37	of	of	ADP
ftr-297	150	38	subchapter	subchapter	NOUN
ftr-297	150	39	6	6	NUM
ftr-297	150	40	k	k	NOUN
ftr-297	150	41	,	,	PUNCT
ftr-297	150	42	the	the	DET
ftr-297	150	43	first	first	ADJ
ftr-297	150	44	comprehensive	comprehensive	ADJ
ftr-297	150	45	statutory	statutory	ADJ
ftr-297	150	46	treatment	treatment	NOUN
ftr-297	150	47	of	of	ADP
ftr-297	150	48	partnerships	partnership	NOUN
ftr-297	150	49	and	and	CCONJ
ftr-297	150	50	partners	partner	NOUN
ftr-297	150	51	.	.	PUNCT
ftr-297	151	1	prior	prior	ADV
ftr-297	151	2	to	to	ADP
ftr-297	151	3	1954	1954	NUM
ftr-297	151	4	,	,	PUNCT
ftr-297	151	5	the	the	DET
ftr-297	151	6	tax	tax	NOUN
ftr-297	151	7	treatment	treatment	NOUN
ftr-297	151	8	of	of	ADP
ftr-297	151	9	such	such	ADJ
ftr-297	151	10	enterprises	enterprise	NOUN
ftr-297	151	11	and	and	CCONJ
ftr-297	151	12	their	their	PRON
ftr-297	151	13	members	member	NOUN
ftr-297	151	14	was	be	AUX
ftr-297	151	15	regarded	regard	VERB
ftr-297	151	16	as	as	ADP
ftr-297	151	17	"	"	PUNCT
ftr-297	151	18	perhaps	perhaps	ADV
ftr-297	151	19	the	the	DET
ftr-297	151	20	most	most	ADV
ftr-297	151	21	complicated	complicated	ADJ
ftr-297	151	22	and	and	CCONJ
ftr-297	151	23	confused	confused	ADJ
ftr-297	151	24	area	area	NOUN
ftr-297	151	25	of	of	ADP
ftr-297	151	26	the	the	DET
ftr-297	151	27	tax	tax	NOUN
ftr-297	151	28	law	law	NOUN
ftr-297	151	29	.	.	PUNCT
ftr-297	152	1	"7	"7	INTJ
ftr-297	152	2	the	the	DET
ftr-297	152	3	necessity	necessity	NOUN
ftr-297	152	4	for	for	ADP
ftr-297	152	5	fundamental	fundamental	ADJ
ftr-297	152	6	reform	reform	NOUN
ftr-297	152	7	proved	prove	VERB
ftr-297	152	8	evident	evident	ADJ
ftr-297	152	9	as	as	SCONJ
ftr-297	152	10	partnership	partnership	NOUN
ftr-297	152	11	transactions	transaction	NOUN
ftr-297	152	12	became	become	VERB
ftr-297	152	13	increasingly	increasingly	ADV
ftr-297	152	14	important	important	ADJ
ftr-297	152	15	from	from	ADP
ftr-297	152	16	a	a	DET
ftr-297	152	17	revenue	revenue	NOUN
ftr-297	152	18	perspective	perspective	NOUN
ftr-297	152	19	while	while	SCONJ
ftr-297	152	20	the	the	DET
ftr-297	152	21	judicial	judicial	ADJ
ftr-297	152	22	and	and	CCONJ
ftr-297	152	23	statutory	statutory	ADJ
ftr-297	152	24	authority	authority	NOUN
ftr-297	152	25	addressing	address	VERB
ftr-297	152	26	them	they	PRON
ftr-297	152	27	remained	remain	VERB
ftr-297	152	28	chaotic	chaotic	ADJ
ftr-297	152	29	and	and	CCONJ
ftr-297	152	30	inconsistent	inconsistent	ADJ
ftr-297	152	31	.	.	PUNCT
ftr-297	152	32	!	!	PUNCT
ftr-297	153	1	the	the	DET
ftr-297	153	2	principal	principal	ADJ
ftr-297	153	3	objectives	objective	NOUN
ftr-297	153	4	of	of	ADP
ftr-297	153	5	the	the	DET
ftr-297	153	6	codification	codification	NOUN
ftr-297	153	7	were	be	AUX
ftr-297	153	8	comprehensive	comprehensive	ADJ
ftr-297	153	9	simplification	simplification	NOUN
ftr-297	153	10	and	and	CCONJ
ftr-297	153	11	reformulation9	reformulation9	NOUN
ftr-297	153	12	to	to	PART
ftr-297	153	13	achieve	achieve	VERB
ftr-297	153	14	consistent	consistent	ADJ
ftr-297	153	15	and	and	CCONJ
ftr-297	153	16	predictable	predictable	ADJ
ftr-297	153	17	tax	tax	NOUN
ftr-297	153	18	results	result	NOUN
ftr-297	153	19	.	.	PUNCT
ftr-297	154	1	section	section	NOUN
ftr-297	154	2	754	754	NUM
ftr-297	154	3	owes	owe	VERB
ftr-297	154	4	its	its	PRON
ftr-297	154	5	origin	origin	NOUN
ftr-297	154	6	to	to	ADP
ftr-297	154	7	the	the	DET
ftr-297	154	8	proposal	proposal	NOUN
ftr-297	154	9	drafted	draft	VERB
ftr-297	154	10	by	by	ADP
ftr-297	154	11	the	the	DET
ftr-297	154	12	american	american	PROPN
ftr-297	154	13	bar	bar	PROPN
ftr-297	154	14	association	association	PROPN
ftr-297	154	15	(	(	PUNCT
ftr-297	154	16	aba	aba	PROPN
ftr-297	154	17	)	)	PUNCT
ftr-297	154	18	and	and	CCONJ
ftr-297	154	19	american	american	PROPN
ftr-297	154	20	law	law	PROPN
ftr-297	154	21	institute	institute	PROPN
ftr-297	154	22	(	(	PUNCT
ftr-297	154	23	ali	ali	PROPN
ftr-297	154	24	)	)	PUNCT
ftr-297	154	25	,	,	PUNCT
ftr-297	154	26	which	which	PRON
ftr-297	154	27	was	be	AUX
ftr-297	154	28	the	the	DET
ftr-297	154	29	result	result	NOUN
ftr-297	154	30	of	of	ADP
ftr-297	154	31	a	a	DET
ftr-297	154	32	collaborative	collaborative	ADJ
ftr-297	154	33	study	study	NOUN
ftr-297	154	34	spanning	span	VERB
ftr-297	154	35	several	several	ADJ
ftr-297	154	36	years	year	NOUN
ftr-297	154	37	.	.	PUNCT
ftr-297	154	38	'	'	PUNCT
ftr-297	154	39	0	0	NUM
ftr-297	155	1	among	among	ADP
ftr-297	155	2	the	the	DET
ftr-297	155	3	major	major	ADJ
ftr-297	155	4	problem	problem	NOUN
ftr-297	155	5	areas	area	NOUN
ftr-297	155	6	identified	identify	VERB
ftr-297	155	7	by	by	ADP
ftr-297	155	8	the	the	DET
ftr-297	155	9	proposal	proposal	NOUN
ftr-297	155	10	were	be	AUX
ftr-297	155	11	current	current	ADJ
ftr-297	155	12	distributions	distribution	NOUN
ftr-297	155	13	,	,	PUNCT
ftr-297	155	14	liquidations	liquidation	NOUN
ftr-297	155	15	,	,	PUNCT
ftr-297	155	16	and	and	CCONJ
ftr-297	155	17	transfers	transfer	NOUN
ftr-297	155	18	of	of	ADP
ftr-297	155	19	partnership	partnership	NOUN
ftr-297	155	20	interests	interest	NOUN
ftr-297	155	21	by	by	ADP
ftr-297	155	22	sale	sale	NOUN
ftr-297	155	23	or	or	CCONJ
ftr-297	155	24	by	by	ADP
ftr-297	155	25	death	death	NOUN
ftr-297	155	26	of	of	ADP
ftr-297	155	27	a	a	DET
ftr-297	155	28	partner	partner	NOUN
ftr-297	155	29	.	.	PUNCT
ftr-297	155	30	"	"	PUNCT
ftr-297	156	1	such	such	ADJ
ftr-297	156	2	events	event	NOUN
ftr-297	156	3	could	could	AUX
ftr-297	156	4	lead	lead	VERB
ftr-297	156	5	to	to	ADP
ftr-297	156	6	discrepancies	discrepancy	NOUN
ftr-297	156	7	between	between	ADP
ftr-297	156	8	the	the	DET
ftr-297	156	9	basis	basis	NOUN
ftr-297	156	10	of	of	ADP
ftr-297	156	11	partnership	partnership	NOUN
ftr-297	156	12	property	property	NOUN
ftr-297	156	13	and	and	CCONJ
ftr-297	156	14	the	the	DET
ftr-297	156	15	basis	basis	NOUN
ftr-297	156	16	of	of	ADP
ftr-297	156	17	partners	partner	NOUN
ftr-297	156	18	in	in	ADP
ftr-297	156	19	their	their	PRON
ftr-297	156	20	partnership	partnership	NOUN
ftr-297	156	21	interests	interest	NOUN
ftr-297	156	22	.	.	PUNCT
ftr-297	157	1	the	the	DET
ftr-297	157	2	1939	1939	NUM
ftr-297	157	3	code	code	NOUN
ftr-297	157	4	did	do	AUX
ftr-297	157	5	not	not	PART
ftr-297	157	6	provide	provide	VERB
ftr-297	157	7	for	for	ADP
ftr-297	157	8	basis	basis	NOUN
ftr-297	157	9	adjustments	adjustment	NOUN
ftr-297	157	10	upon	upon	SCONJ
ftr-297	157	11	the	the	DET
ftr-297	157	12	transfer	transfer	NOUN
ftr-297	157	13	of	of	ADP
ftr-297	157	14	a	a	DET
ftr-297	157	15	partnership	partnership	NOUN
ftr-297	157	16	interest	interest	NOUN
ftr-297	157	17	or	or	CCONJ
ftr-297	157	18	distributions	distribution	NOUN
ftr-297	157	19	of	of	ADP
ftr-297	157	20	partnership	partnership	NOUN
ftr-297	157	21	assets	asset	NOUN
ftr-297	157	22	.	.	PUNCT
ftr-297	158	1	12	12	NUM
ftr-297	158	2	6	6	NUM
ftr-297	158	3	.	.	PUNCT
ftr-297	159	1	s.	s.	PROPN
ftr-297	159	2	rep	rep	PROPN
ftr-297	159	3	.	.	PROPN
ftr-297	160	1	no	no	PROPN
ftr-297	160	2	.	.	NOUN
ftr-297	161	1	83	83	NUM
ftr-297	161	2	-	-	SYM
ftr-297	161	3	1622	1622	NUM
ftr-297	161	4	,	,	PUNCT
ftr-297	161	5	at	at	ADP
ftr-297	161	6	89	89	NUM
ftr-297	161	7	(	(	PUNCT
ftr-297	161	8	1954	1954	NUM
ftr-297	161	9	)	)	PUNCT
ftr-297	161	10	.	.	PUNCT
ftr-297	162	1	7	7	X
ftr-297	162	2	.	.	X
ftr-297	162	3	comm	comm	NOUN
ftr-297	162	4	.	.	PUNCT
ftr-297	163	1	on	on	ADP
ftr-297	163	2	taxation	taxation	NOUN
ftr-297	163	3	of	of	ADP
ftr-297	163	4	partnerships	partnership	NOUN
ftr-297	163	5	,	,	PUNCT
ftr-297	163	6	aba	aba	PROPN
ftr-297	163	7	tax	tax	PROPN
ftr-297	163	8	sec	sec	PROPN
ftr-297	163	9	.	.	PROPN
ftr-297	163	10	,	,	PUNCT
ftr-297	163	11	program	program	NOUN
ftr-297	163	12	and	and	CCONJ
ftr-297	163	13	comm	comm	NOUN
ftr-297	163	14	.	.	PUNCT
ftr-297	164	1	rep	rep	PROPN
ftr-297	164	2	.	.	PROPN
ftr-297	164	3	55	55	NUM
ftr-297	164	4	(	(	PUNCT
ftr-297	164	5	1952	1952	NUM
ftr-297	164	6	)	)	PUNCT
ftr-297	165	1	[	[	X
ftr-297	165	2	hereinafter	hereinafter	NOUN
ftr-297	165	3	1952	1952	NUM
ftr-297	165	4	aba	aba	PROPN
ftr-297	165	5	report	report	NOUN
ftr-297	165	6	]	]	PUNCT
ftr-297	165	7	.	.	PUNCT
ftr-297	166	1	8	8	X
ftr-297	166	2	.	.	X
ftr-297	166	3	h.r	h.r	PROPN
ftr-297	166	4	.	.	PROPN
ftr-297	166	5	rep	rep	PROPN
ftr-297	166	6	.	.	PROPN
ftr-297	166	7	no	no	PROPN
ftr-297	166	8	.	.	NOUN
ftr-297	166	9	83	83	NUM
ftr-297	166	10	-	-	SYM
ftr-297	166	11	1337	1337	NUM
ftr-297	166	12	,	,	PUNCT
ftr-297	166	13	at	at	ADP
ftr-297	166	14	65	65	NUM
ftr-297	166	15	(	(	PUNCT
ftr-297	166	16	1954	1954	NUM
ftr-297	166	17	)	)	PUNCT
ftr-297	166	18	(	(	PUNCT
ftr-297	166	19	"	"	PUNCT
ftr-297	166	20	the	the	DET
ftr-297	166	21	present	present	ADJ
ftr-297	166	22	statutory	statutory	ADJ
ftr-297	166	23	provisions	provision	NOUN
ftr-297	166	24	are	be	AUX
ftr-297	166	25	wholly	wholly	ADV
ftr-297	166	26	inadequate	inadequate	ADJ
ftr-297	166	27	.	.	PUNCT
ftr-297	167	1	the	the	DET
ftr-297	167	2	published	publish	VERB
ftr-297	167	3	regulations	regulation	NOUN
ftr-297	167	4	,	,	PUNCT
ftr-297	167	5	rulings	ruling	NOUN
ftr-297	167	6	,	,	PUNCT
ftr-297	167	7	and	and	CCONJ
ftr-297	167	8	court	court	NOUN
ftr-297	167	9	decisions	decision	NOUN
ftr-297	167	10	are	be	AUX
ftr-297	167	11	incomplete	incomplete	ADJ
ftr-297	167	12	and	and	CCONJ
ftr-297	167	13	frequently	frequently	ADV
ftr-297	167	14	contradictory	contradictory	ADJ
ftr-297	167	15	.	.	PUNCT
ftr-297	167	16	"	"	PUNCT
ftr-297	167	17	)	)	PUNCT
ftr-297	167	18	.	.	PUNCT
ftr-297	168	1	for	for	ADP
ftr-297	168	2	a	a	DET
ftr-297	168	3	survey	survey	NOUN
ftr-297	168	4	of	of	ADP
ftr-297	168	5	the	the	DET
ftr-297	168	6	partnership	partnership	NOUN
ftr-297	168	7	tax	tax	NOUN
ftr-297	168	8	rules	rule	NOUN
ftr-297	168	9	of	of	ADP
ftr-297	168	10	the	the	DET
ftr-297	168	11	1939	1939	NUM
ftr-297	168	12	code	code	NOUN
ftr-297	168	13	,	,	PUNCT
ftr-297	168	14	see	see	VERB
ftr-297	168	15	jacob	jacob	PROPN
ftr-297	168	16	rabkin	rabkin	PROPN
ftr-297	168	17	&	&	CCONJ
ftr-297	168	18	mark	mark	PROPN
ftr-297	168	19	h.	h.	PROPN
ftr-297	168	20	johnson	johnson	PROPN
ftr-297	168	21	,	,	PUNCT
ftr-297	168	22	the	the	DET
ftr-297	168	23	partnership	partnership	NOUN
ftr-297	168	24	under	under	ADP
ftr-297	168	25	the	the	DET
ftr-297	168	26	federal	federal	ADJ
ftr-297	168	27	tax	tax	NOUN
ftr-297	168	28	laws	law	NOUN
ftr-297	168	29	,	,	PUNCT
ftr-297	168	30	55	55	NUM
ftr-297	168	31	harv	harv	NOUN
ftr-297	168	32	.	.	PUNCT
ftr-297	169	1	l.	l.	PROPN
ftr-297	169	2	rev	rev	PROPN
ftr-297	169	3	.	.	PROPN
ftr-297	169	4	909	909	NUM
ftr-297	169	5	(	(	PUNCT
ftr-297	169	6	1942	1942	NUM
ftr-297	169	7	)	)	PUNCT
ftr-297	169	8	.	.	PUNCT
ftr-297	170	1	9	9	NUM
ftr-297	170	2	.	.	X
ftr-297	170	3	forty	forty	NUM
ftr-297	170	4	topics	topic	NOUN
ftr-297	170	5	pertaining	pertain	VERB
ftr-297	170	6	to	to	ADP
ftr-297	170	7	the	the	DET
ftr-297	170	8	general	general	ADJ
ftr-297	170	9	revision	revision	NOUN
ftr-297	170	10	of	of	ADP
ftr-297	170	11	the	the	DET
ftr-297	170	12	internal	internal	ADJ
ftr-297	170	13	revenue	revenue	NOUN
ftr-297	170	14	code	code	NOUN
ftr-297	170	15	topic	topic	NOUN
ftr-297	170	16	29	29	NUM
ftr-297	170	17	partnerships	partnership	NOUN
ftr-297	170	18	:	:	PUNCT
ftr-297	170	19	hearing	hear	VERB
ftr-297	170	20	before	before	ADP
ftr-297	170	21	the	the	DET
ftr-297	170	22	h.	h.	PROPN
ftr-297	170	23	comm	comm	NOUN
ftr-297	170	24	.	.	PUNCT
ftr-297	171	1	on	on	ADP
ftr-297	171	2	ways	way	NOUN
ftr-297	171	3	&	&	CCONJ
ftr-297	171	4	means	mean	NOUN
ftr-297	171	5	,	,	PUNCT
ftr-297	171	6	83d	83d	X
ftr-297	171	7	cong	cong	NOUN
ftr-297	171	8	.	.	PUNCT
ftr-297	172	1	1369	1369	NUM
ftr-297	172	2	(	(	PUNCT
ftr-297	172	3	1953	1953	NUM
ftr-297	172	4	)	)	PUNCT
ftr-297	172	5	(	(	PUNCT
ftr-297	172	6	statement	statement	NOUN
ftr-297	172	7	of	of	ADP
ftr-297	172	8	mark	mark	PROPN
ftr-297	172	9	h.	h.	PROPN
ftr-297	172	10	johnson	johnson	PROPN
ftr-297	172	11	,	,	PUNCT
ftr-297	172	12	american	american	PROPN
ftr-297	172	13	bar	bar	PROPN
ftr-297	172	14	association	association	PROPN
ftr-297	172	15	)	)	PUNCT
ftr-297	173	1	[	[	X
ftr-297	173	2	hereinafter	hereinafter	NOUN
ftr-297	173	3	hearing	hearing	NOUN
ftr-297	173	4	,	,	PUNCT
ftr-297	173	5	83d	83d	X
ftr-297	173	6	cong	cong	NOUN
ftr-297	173	7	.	.	PUNCT
ftr-297	173	8	]	]	PUNCT
ftr-297	174	1	(	(	PUNCT
ftr-297	174	2	"	"	PUNCT
ftr-297	174	3	[	[	X
ftr-297	174	4	i]t	i]t	NOUN
ftr-297	174	5	is	be	AUX
ftr-297	174	6	more	more	ADV
ftr-297	174	7	important	important	ADJ
ftr-297	174	8	to	to	PART
ftr-297	174	9	have	have	VERB
ftr-297	174	10	some	some	DET
ftr-297	174	11	set	set	NOUN
ftr-297	174	12	of	of	ADP
ftr-297	174	13	clearlydefined	clearlydefine	VERB
ftr-297	174	14	rules	rule	NOUN
ftr-297	174	15	than	than	SCONJ
ftr-297	174	16	to	to	PART
ftr-297	174	17	have	have	VERB
ftr-297	174	18	any	any	DET
ftr-297	174	19	one	one	NUM
ftr-297	174	20	particular	particular	ADJ
ftr-297	174	21	set	set	NOUN
ftr-297	174	22	of	of	ADP
ftr-297	174	23	rules	rule	NOUN
ftr-297	174	24	,	,	PUNCT
ftr-297	174	25	because	because	SCONJ
ftr-297	174	26	this	this	PRON
ftr-297	174	27	is	be	AUX
ftr-297	174	28	one	one	NUM
ftr-297	174	29	area	area	NOUN
ftr-297	174	30	where	where	SCONJ
ftr-297	174	31	clarity	clarity	NOUN
ftr-297	174	32	and	and	CCONJ
ftr-297	174	33	certainty	certainty	NOUN
ftr-297	174	34	are	be	AUX
ftr-297	174	35	more	more	ADV
ftr-297	174	36	important	important	ADJ
ftr-297	174	37	than	than	ADP
ftr-297	174	38	the	the	DET
ftr-297	174	39	end	end	NOUN
ftr-297	174	40	result	result	NOUN
ftr-297	174	41	.	.	PUNCT
ftr-297	175	1	"	"	PUNCT
ftr-297	175	2	)	)	PUNCT
ftr-297	175	3	.	.	PUNCT
ftr-297	176	1	see	see	VERB
ftr-297	176	2	also	also	ADV
ftr-297	176	3	s.	s.	PROPN
ftr-297	176	4	rep	rep	PROPN
ftr-297	176	5	.	.	PROPN
ftr-297	177	1	no	no	PROPN
ftr-297	177	2	.	.	NOUN
ftr-297	177	3	83	83	NUM
ftr-297	177	4	-	-	SYM
ftr-297	177	5	1622	1622	NUM
ftr-297	177	6	,	,	PUNCT
ftr-297	177	7	supra	supra	NOUN
ftr-297	177	8	note	note	NOUN
ftr-297	177	9	6	6	NUM
ftr-297	177	10	.	.	NOUN
ftr-297	177	11	10	10	NUM
ftr-297	177	12	.	.	PUNCT
ftr-297	178	1	the	the	DET
ftr-297	178	2	aba	aba	PROPN
ftr-297	178	3	's	's	PART
ftr-297	178	4	1949	1949	NUM
ftr-297	178	5	recommendations	recommendation	NOUN
ftr-297	178	6	initiated	initiate	VERB
ftr-297	178	7	the	the	DET
ftr-297	178	8	ali	ali	PROPN
ftr-297	178	9	's	's	PART
ftr-297	178	10	subsequent	subsequent	ADJ
ftr-297	178	11	study	study	NOUN
ftr-297	178	12	on	on	ADP
ftr-297	178	13	partnership	partnership	NOUN
ftr-297	178	14	taxation	taxation	NOUN
ftr-297	178	15	,	,	PUNCT
ftr-297	178	16	which	which	PRON
ftr-297	178	17	was	be	AUX
ftr-297	178	18	an	an	DET
ftr-297	178	19	integral	integral	ADJ
ftr-297	178	20	part	part	NOUN
ftr-297	178	21	of	of	ADP
ftr-297	178	22	the	the	DET
ftr-297	178	23	massive	massive	ADJ
ftr-297	178	24	ali	ali	PROPN
ftr-297	178	25	project	project	NOUN
ftr-297	178	26	advocating	advocate	VERB
ftr-297	178	27	the	the	DET
ftr-297	178	28	complete	complete	ADJ
ftr-297	178	29	revision	revision	NOUN
ftr-297	178	30	of	of	ADP
ftr-297	178	31	the	the	DET
ftr-297	178	32	federal	federal	ADJ
ftr-297	178	33	tax	tax	NOUN
ftr-297	178	34	code	code	NOUN
ftr-297	178	35	.	.	PUNCT
ftr-297	179	1	in	in	ADP
ftr-297	179	2	1952	1952	NUM
ftr-297	179	3	,	,	PUNCT
ftr-297	179	4	the	the	DET
ftr-297	179	5	aba	aba	PROPN
ftr-297	179	6	tax	tax	NOUN
ftr-297	179	7	section	section	NOUN
ftr-297	179	8	adopted	adopt	VERB
ftr-297	179	9	the	the	DET
ftr-297	179	10	ali	ali	PROPN
ftr-297	179	11	's	's	PART
ftr-297	179	12	recommendations	recommendation	NOUN
ftr-297	179	13	which	which	PRON
ftr-297	179	14	were	be	AUX
ftr-297	179	15	approved	approve	VERB
ftr-297	179	16	"	"	PUNCT
ftr-297	179	17	in	in	ADP
ftr-297	179	18	principle	principle	NOUN
ftr-297	179	19	"	"	PUNCT
ftr-297	179	20	at	at	ADP
ftr-297	179	21	the	the	DET
ftr-297	179	22	ali	ali	PROPN
ftr-297	179	23	's	's	PART
ftr-297	179	24	1952	1952	NUM
ftr-297	179	25	annual	annual	ADJ
ftr-297	179	26	meeting	meeting	NOUN
ftr-297	179	27	.	.	PUNCT
ftr-297	180	1	see	see	VERB
ftr-297	180	2	1952	1952	NUM
ftr-297	180	3	aba	aba	PROPN
ftr-297	180	4	report	report	NOUN
ftr-297	180	5	,	,	PUNCT
ftr-297	180	6	supra	supra	PROPN
ftr-297	180	7	note	note	NOUN
ftr-297	180	8	7	7	NUM
ftr-297	180	9	,	,	PUNCT
ftr-297	180	10	at	at	ADP
ftr-297	180	11	55	55	NUM
ftr-297	180	12	-	-	SYM
ftr-297	180	13	56	56	NUM
ftr-297	180	14	.	.	NOUN
ftr-297	180	15	11	11	NUM
ftr-297	180	16	.	.	PUNCT
ftr-297	181	1	see	see	VERB
ftr-297	181	2	1952	1952	NUM
ftr-297	181	3	aba	aba	PROPN
ftr-297	181	4	report	report	NOUN
ftr-297	181	5	,	,	PUNCT
ftr-297	181	6	supra	supra	PROPN
ftr-297	181	7	note	note	NOUN
ftr-297	181	8	7	7	NUM
ftr-297	181	9	,	,	PUNCT
ftr-297	181	10	at	at	ADP
ftr-297	181	11	56	56	NUM
ftr-297	181	12	.	.	NOUN
ftr-297	181	13	12	12	NUM
ftr-297	181	14	.	.	PUNCT
ftr-297	182	1	see	see	VERB
ftr-297	182	2	h.r	h.r	PROPN
ftr-297	182	3	.	.	PROPN
ftr-297	182	4	rep	rep	PROPN
ftr-297	182	5	.	.	PROPN
ftr-297	183	1	no	no	PROPN
ftr-297	183	2	.	.	NOUN
ftr-297	184	1	83	83	NUM
ftr-297	184	2	-	-	SYM
ftr-297	184	3	1337	1337	NUM
ftr-297	185	1	,	,	PUNCT
ftr-297	185	2	supra	supra	PROPN
ftr-297	185	3	note	note	PROPN
ftr-297	185	4	8	8	NUM
ftr-297	185	5	,	,	PUNCT
ftr-297	185	6	at	at	ADP
ftr-297	185	7	70	70	NUM
ftr-297	185	8	.	.	PUNCT
ftr-297	185	9	2014	2014	NUM
ftr-297	185	10	]	]	SYM
ftr-297	185	11	113	113	NUM
ftr-297	185	12	florida	florida	PROPN
ftr-297	185	13	tax	tax	NOUN
ftr-297	185	14	review	review	NOUN
ftr-297	185	15	the	the	DET
ftr-297	185	16	aba	aba	PROPN
ftr-297	185	17	/	/	SYM
ftr-297	185	18	ali	ali	PROPN
ftr-297	185	19	proposal	proposal	NOUN
ftr-297	185	20	generally	generally	ADV
ftr-297	185	21	adopted	adopt	VERB
ftr-297	185	22	an	an	DET
ftr-297	185	23	aggregate	aggregate	ADJ
ftr-297	185	24	approach	approach	NOUN
ftr-297	185	25	by	by	ADP
ftr-297	185	26	recognizing	recognize	VERB
ftr-297	185	27	the	the	DET
ftr-297	185	28	desirability	desirability	NOUN
ftr-297	185	29	of	of	ADP
ftr-297	185	30	basis	basis	NOUN
ftr-297	185	31	adjustments	adjustment	NOUN
ftr-297	185	32	in	in	ADP
ftr-297	185	33	the	the	DET
ftr-297	185	34	context	context	NOUN
ftr-297	185	35	of	of	ADP
ftr-297	185	36	distributions	distribution	NOUN
ftr-297	185	37	of	of	ADP
ftr-297	185	38	partnership	partnership	NOUN
ftr-297	185	39	assets	asset	NOUN
ftr-297	185	40	and	and	CCONJ
ftr-297	185	41	transfers	transfer	NOUN
ftr-297	185	42	of	of	ADP
ftr-297	185	43	partnership	partnership	NOUN
ftr-297	185	44	interests	interest	NOUN
ftr-297	185	45	and	and	CCONJ
ftr-297	185	46	recommended	recommend	VERB
ftr-297	185	47	basis	basis	NOUN
ftr-297	185	48	adjustments	adjustment	NOUN
ftr-297	185	49	as	as	ADP
ftr-297	185	50	a	a	DET
ftr-297	185	51	general	general	ADJ
ftr-297	185	52	rule	rule	NOUN
ftr-297	185	53	.	.	PUNCT
ftr-297	185	54	'	'	PUNCT
ftr-297	186	1	3	3	NUM
ftr-297	186	2	such	such	ADJ
ftr-297	186	3	adjustments	adjustment	NOUN
ftr-297	186	4	would	would	AUX
ftr-297	186	5	minimize	minimize	VERB
ftr-297	186	6	the	the	DET
ftr-297	186	7	amount	amount	NOUN
ftr-297	186	8	and	and	CCONJ
ftr-297	186	9	timing	timing	NOUN
ftr-297	186	10	of	of	ADP
ftr-297	186	11	distortions	distortion	NOUN
ftr-297	186	12	of	of	ADP
ftr-297	186	13	income	income	NOUN
ftr-297	186	14	and	and	CCONJ
ftr-297	186	15	loss	loss	NOUN
ftr-297	186	16	.	.	PUNCT
ftr-297	187	1	however	however	ADV
ftr-297	187	2	,	,	PUNCT
ftr-297	187	3	in	in	ADP
ftr-297	187	4	the	the	DET
ftr-297	187	5	interest	interest	NOUN
ftr-297	187	6	of	of	ADP
ftr-297	187	7	simplicity	simplicity	NOUN
ftr-297	187	8	and	and	CCONJ
ftr-297	187	9	flexibility	flexibility	NOUN
ftr-297	187	10	and	and	CCONJ
ftr-297	187	11	the	the	DET
ftr-297	187	12	acknowledgement	acknowledgement	NOUN
ftr-297	187	13	that	that	PRON
ftr-297	187	14	basis	basis	NOUN
ftr-297	187	15	adjustments	adjustment	NOUN
ftr-297	187	16	could	could	AUX
ftr-297	187	17	lead	lead	VERB
ftr-297	187	18	to	to	ADP
ftr-297	187	19	burdensome	burdensome	ADJ
ftr-297	187	20	administrative	administrative	ADJ
ftr-297	187	21	costs	cost	NOUN
ftr-297	187	22	,	,	PUNCT
ftr-297	187	23	especially	especially	ADV
ftr-297	187	24	for	for	ADP
ftr-297	187	25	large	large	ADJ
ftr-297	187	26	partnerships	partnership	NOUN
ftr-297	187	27	,	,	PUNCT
ftr-297	187	28	the	the	DET
ftr-297	187	29	proposal	proposal	NOUN
ftr-297	187	30	allowed	allow	VERB
ftr-297	187	31	partnerships	partnership	NOUN
ftr-297	187	32	the	the	DET
ftr-297	187	33	option	option	NOUN
ftr-297	187	34	of	of	ADP
ftr-297	187	35	electing	elect	VERB
ftr-297	187	36	out	out	ADP
ftr-297	187	37	.	.	PUNCT
ftr-297	188	1	14	14	NUM
ftr-297	188	2	accordingly	accordingly	ADV
ftr-297	188	3	,	,	PUNCT
ftr-297	188	4	upon	upon	SCONJ
ftr-297	188	5	a	a	DET
ftr-297	188	6	distribution	distribution	NOUN
ftr-297	188	7	of	of	ADP
ftr-297	188	8	partnership	partnership	NOUN
ftr-297	188	9	assets	asset	NOUN
ftr-297	188	10	or	or	CCONJ
ftr-297	188	11	a	a	DET
ftr-297	188	12	transfer	transfer	NOUN
ftr-297	188	13	of	of	ADP
ftr-297	188	14	a	a	DET
ftr-297	188	15	partnership	partnership	NOUN
ftr-297	188	16	interest	interest	NOUN
ftr-297	188	17	,	,	PUNCT
ftr-297	188	18	a	a	DET
ftr-297	188	19	partnership	partnership	NOUN
ftr-297	188	20	could	could	AUX
ftr-297	188	21	elect	elect	VERB
ftr-297	188	22	to	to	PART
ftr-297	188	23	refrain	refrain	VERB
ftr-297	188	24	from	from	ADP
ftr-297	188	25	making	make	VERB
ftr-297	188	26	basis	basis	NOUN
ftr-297	188	27	adjustments	adjustment	NOUN
ftr-297	188	28	.	.	PUNCT
ftr-297	189	1	under	under	ADP
ftr-297	189	2	the	the	DET
ftr-297	189	3	house	house	NOUN
ftr-297	189	4	bill	bill	NOUN
ftr-297	189	5	,	,	PUNCT
ftr-297	189	6	this	this	DET
ftr-297	189	7	approach	approach	NOUN
ftr-297	189	8	to	to	ADP
ftr-297	189	9	basis	basis	NOUN
ftr-297	189	10	adjustments	adjustment	NOUN
ftr-297	189	11	was	be	AUX
ftr-297	189	12	reversed	reverse	VERB
ftr-297	189	13	.	.	PUNCT
ftr-297	190	1	basis	basis	NOUN
ftr-297	190	2	for	for	ADP
ftr-297	190	3	the	the	DET
ftr-297	190	4	partnership	partnership	NOUN
ftr-297	190	5	assets	asset	NOUN
ftr-297	190	6	remained	remain	VERB
ftr-297	190	7	unchanged	unchanged	ADJ
ftr-297	190	8	;	;	PUNCT
ftr-297	190	9	however	however	ADV
ftr-297	190	10	,	,	PUNCT
ftr-297	190	11	if	if	SCONJ
ftr-297	190	12	the	the	DET
ftr-297	190	13	partnership	partnership	NOUN
ftr-297	190	14	desired	desire	VERB
ftr-297	190	15	,	,	PUNCT
ftr-297	190	16	it	it	PRON
ftr-297	190	17	could	could	AUX
ftr-297	190	18	elect	elect	VERB
ftr-297	190	19	to	to	ADP
ftr-297	190	20	the	the	DET
ftr-297	190	21	contrary	contrary	NOUN
ftr-297	190	22	.	.	PUNCT
ftr-297	190	23	'	'	PUNCT
ftr-297	191	1	5	5	NUM
ftr-297	191	2	the	the	DET
ftr-297	191	3	election	election	NOUN
ftr-297	191	4	for	for	ADP
ftr-297	191	5	basis	basis	NOUN
ftr-297	191	6	adjustments	adjustment	NOUN
ftr-297	191	7	addressed	address	VERB
ftr-297	191	8	transfers	transfer	NOUN
ftr-297	191	9	of	of	ADP
ftr-297	191	10	partnership	partnership	NOUN
ftr-297	191	11	interests	interest	NOUN
ftr-297	191	12	only	only	ADV
ftr-297	191	13	,	,	PUNCT
ftr-297	191	14	not	not	PART
ftr-297	191	15	distributions	distribution	NOUN
ftr-297	191	16	of	of	ADP
ftr-297	191	17	partnership	partnership	NOUN
ftr-297	191	18	assets	asset	NOUN
ftr-297	191	19	.	.	PUNCT
ftr-297	192	1	16	16	NUM
ftr-297	193	1	the	the	DET
ftr-297	193	2	house	house	PROPN
ftr-297	193	3	bill	bill	NOUN
ftr-297	193	4	was	be	AUX
ftr-297	193	5	highly	highly	ADV
ftr-297	193	6	criticized	criticize	VERB
ftr-297	193	7	by	by	ADP
ftr-297	193	8	the	the	DET
ftr-297	193	9	tax	tax	NOUN
ftr-297	193	10	bar	bar	NOUN
ftr-297	193	11	.	.	PUNCT
ftr-297	194	1	the	the	DET
ftr-297	194	2	senate	senate	PROPN
ftr-297	194	3	finance	finance	PROPN
ftr-297	194	4	committee	committee	NOUN
ftr-297	194	5	redrafted	redrafte	VERB
ftr-297	194	6	the	the	DET
ftr-297	194	7	partnership	partnership	NOUN
ftr-297	194	8	provisions	provision	NOUN
ftr-297	194	9	almost	almost	ADV
ftr-297	194	10	in	in	ADP
ftr-297	194	11	their	their	PRON
ftr-297	194	12	entirety	entirety	NOUN
ftr-297	194	13	,	,	PUNCT
ftr-297	194	14	17	17	NUM
ftr-297	194	15	adopting	adopt	VERB
ftr-297	194	16	the	the	DET
ftr-297	194	17	concept	concept	NOUN
ftr-297	194	18	of	of	ADP
ftr-297	194	19	elective	elective	ADJ
ftr-297	194	20	basis	basis	NOUN
ftr-297	194	21	adjustments	adjustment	NOUN
ftr-297	194	22	both	both	CCONJ
ftr-297	194	23	in	in	ADP
ftr-297	194	24	the	the	DET
ftr-297	194	25	case	case	NOUN
ftr-297	194	26	of	of	ADP
ftr-297	194	27	distributions	distribution	NOUN
ftr-297	194	28	of	of	ADP
ftr-297	194	29	partnership	partnership	NOUN
ftr-297	194	30	property	property	NOUN
ftr-297	194	31	as	as	ADV
ftr-297	194	32	well	well	ADV
ftr-297	194	33	as	as	ADP
ftr-297	194	34	in	in	ADP
ftr-297	194	35	the	the	DET
ftr-297	194	36	case	case	NOUN
ftr-297	194	37	of	of	ADP
ftr-297	194	38	transfers	transfer	NOUN
ftr-297	194	39	of	of	ADP
ftr-297	194	40	partnership	partnership	NOUN
ftr-297	194	41	interests.18	interests.18	PROPN
ftr-297	194	42	in	in	ADP
ftr-297	194	43	the	the	DET
ftr-297	194	44	end	end	NOUN
ftr-297	194	45	,	,	PUNCT
ftr-297	194	46	congress	congress	PROPN
ftr-297	194	47	adopted	adopt	VERB
ftr-297	194	48	basis	basis	NOUN
ftr-297	194	49	adjustments	adjustment	NOUN
ftr-297	194	50	,	,	PUNCT
ftr-297	194	51	but	but	CCONJ
ftr-297	194	52	13	13	NUM
ftr-297	194	53	.	.	PUNCT
ftr-297	195	1	see	see	VERB
ftr-297	195	2	1952	1952	NUM
ftr-297	195	3	aba	aba	PROPN
ftr-297	195	4	report	report	NOUN
ftr-297	195	5	,	,	PUNCT
ftr-297	195	6	supra	supra	PROPN
ftr-297	195	7	note	note	NOUN
ftr-297	195	8	7	7	NUM
ftr-297	195	9	,	,	PUNCT
ftr-297	195	10	at	at	ADP
ftr-297	195	11	56	56	NUM
ftr-297	195	12	.	.	PUNCT
ftr-297	195	13	14	14	NUM
ftr-297	195	14	.	.	PUNCT
ftr-297	196	1	see	see	VERB
ftr-297	196	2	hearing	hearing	NOUN
ftr-297	196	3	,	,	PUNCT
ftr-297	196	4	83d	83d	X
ftr-297	196	5	cong	cong	PROPN
ftr-297	196	6	.	.	PROPN
ftr-297	196	7	,	,	PUNCT
ftr-297	196	8	supra	supra	PROPN
ftr-297	196	9	note	note	NOUN
ftr-297	196	10	9	9	NUM
ftr-297	196	11	,	,	PUNCT
ftr-297	196	12	at	at	ADP
ftr-297	196	13	1370	1370	NUM
ftr-297	196	14	(	(	PUNCT
ftr-297	196	15	statement	statement	NOUN
ftr-297	196	16	of	of	ADP
ftr-297	196	17	mark	mark	PROPN
ftr-297	196	18	h.	h.	PROPN
ftr-297	196	19	johnson	johnson	PROPN
ftr-297	196	20	on	on	ADP
ftr-297	196	21	behalf	behalf	NOUN
ftr-297	196	22	of	of	ADP
ftr-297	196	23	the	the	DET
ftr-297	196	24	aba	aba	PROPN
ftr-297	196	25	:	:	PUNCT
ftr-297	196	26	"	"	PUNCT
ftr-297	196	27	[	[	X
ftr-297	196	28	w]e	w]e	NOUN
ftr-297	196	29	provide	provide	VERB
ftr-297	196	30	a	a	DET
ftr-297	196	31	series	series	NOUN
ftr-297	196	32	of	of	ADP
ftr-297	196	33	elections	election	NOUN
ftr-297	196	34	based	base	VERB
ftr-297	196	35	upon	upon	SCONJ
ftr-297	196	36	an	an	DET
ftr-297	196	37	'	'	PUNCT
ftr-297	196	38	entity	entity	NOUN
ftr-297	196	39	'	'	PUNCT
ftr-297	196	40	approach	approach	NOUN
ftr-297	196	41	,	,	PUNCT
ftr-297	196	42	which	which	PRON
ftr-297	196	43	we	we	PRON
ftr-297	196	44	assume	assume	VERB
ftr-297	196	45	would	would	AUX
ftr-297	196	46	be	be	AUX
ftr-297	196	47	exercised	exercise	VERB
ftr-297	196	48	generally	generally	ADV
ftr-297	196	49	by	by	ADP
ftr-297	196	50	the	the	DET
ftr-297	196	51	larger	large	ADJ
ftr-297	196	52	and	and	CCONJ
ftr-297	196	53	more	more	ADV
ftr-297	196	54	complex	complex	ADJ
ftr-297	196	55	partnerships	partnership	NOUN
ftr-297	196	56	.	.	PUNCT
ftr-297	196	57	"	"	PUNCT
ftr-297	196	58	)	)	PUNCT
ftr-297	196	59	.	.	PUNCT
ftr-297	197	1	15	15	X
ftr-297	197	2	.	.	X
ftr-297	198	1	see	see	VERB
ftr-297	198	2	h.	h.	PROPN
ftr-297	198	3	r.	r.	PROPN
ftr-297	198	4	rep	rep	PROPN
ftr-297	198	5	.	.	PROPN
ftr-297	199	1	no	no	PROPN
ftr-297	199	2	.	.	NOUN
ftr-297	200	1	83	83	NUM
ftr-297	200	2	-	-	SYM
ftr-297	200	3	1337	1337	NUM
ftr-297	201	1	,	,	PUNCT
ftr-297	201	2	supra	supra	PROPN
ftr-297	201	3	note	note	PROPN
ftr-297	201	4	8	8	NUM
ftr-297	201	5	,	,	PUNCT
ftr-297	201	6	at	at	ADP
ftr-297	201	7	70	70	NUM
ftr-297	201	8	.	.	PUNCT
ftr-297	202	1	the	the	DET
ftr-297	202	2	committee	committee	NOUN
ftr-297	202	3	on	on	ADP
ftr-297	202	4	ways	way	NOUN
ftr-297	202	5	and	and	CCONJ
ftr-297	202	6	means	mean	VERB
ftr-297	202	7	stated	state	VERB
ftr-297	202	8	in	in	ADP
ftr-297	202	9	its	its	PRON
ftr-297	202	10	report	report	NOUN
ftr-297	202	11	that	that	SCONJ
ftr-297	202	12	"	"	PUNCT
ftr-297	202	13	[	[	X
ftr-297	202	14	i]t	i]t	PROPN
ftr-297	202	15	is	be	AUX
ftr-297	202	16	anticipated	anticipate	VERB
ftr-297	202	17	that	that	SCONJ
ftr-297	202	18	many	many	ADJ
ftr-297	202	19	partnerships	partnership	NOUN
ftr-297	202	20	will	will	AUX
ftr-297	202	21	prefer	prefer	VERB
ftr-297	202	22	not	not	PART
ftr-297	202	23	to	to	PART
ftr-297	202	24	make	make	VERB
ftr-297	202	25	an	an	DET
ftr-297	202	26	election	election	NOUN
ftr-297	202	27	which	which	PRON
ftr-297	202	28	entails	entail	VERB
ftr-297	202	29	the	the	DET
ftr-297	202	30	adjustment	adjustment	NOUN
ftr-297	202	31	to	to	ADP
ftr-297	202	32	the	the	DET
ftr-297	202	33	basis	basis	NOUN
ftr-297	202	34	of	of	ADP
ftr-297	202	35	partnership	partnership	NOUN
ftr-297	202	36	assets	asset	NOUN
ftr-297	202	37	each	each	DET
ftr-297	202	38	time	time	NOUN
ftr-297	202	39	a	a	DET
ftr-297	202	40	transfer	transfer	NOUN
ftr-297	202	41	of	of	ADP
ftr-297	202	42	an	an	DET
ftr-297	202	43	interest	interest	NOUN
ftr-297	202	44	in	in	ADP
ftr-297	202	45	a	a	DET
ftr-297	202	46	partnership	partnership	NOUN
ftr-297	202	47	takes	take	VERB
ftr-297	202	48	place	place	NOUN
ftr-297	202	49	.	.	PUNCT
ftr-297	203	1	the	the	DET
ftr-297	203	2	possible	possible	ADJ
ftr-297	203	3	tax	tax	NOUN
ftr-297	203	4	advantages	advantage	NOUN
ftr-297	203	5	of	of	ADP
ftr-297	203	6	such	such	DET
ftr-297	203	7	an	an	DET
ftr-297	203	8	adjustment	adjustment	NOUN
ftr-297	203	9	may	may	AUX
ftr-297	203	10	be	be	AUX
ftr-297	203	11	outweighed	outweigh	VERB
ftr-297	203	12	by	by	ADP
ftr-297	203	13	the	the	DET
ftr-297	203	14	bookkeeping	bookkeeping	NOUN
ftr-297	203	15	expenses	expense	NOUN
ftr-297	203	16	and	and	CCONJ
ftr-297	203	17	inconvenience	inconvenience	NOUN
ftr-297	203	18	.	.	PUNCT
ftr-297	203	19	"	"	PUNCT
ftr-297	204	1	i	i	PRON
ftr-297	204	2	d.	d.	PROPN
ftr-297	204	3	16	16	NUM
ftr-297	204	4	.	.	PUNCT
ftr-297	205	1	see	see	VERB
ftr-297	205	2	h.	h.	PROPN
ftr-297	205	3	rep	rep	PROPN
ftr-297	205	4	.	.	PROPN
ftr-297	206	1	no	no	PROPN
ftr-297	206	2	.	.	NOUN
ftr-297	206	3	83	83	NUM
ftr-297	206	4	-	-	PUNCT
ftr-297	206	5	1337	1337	NUM
ftr-297	206	6	supra	supra	PROPN
ftr-297	206	7	note	note	NOUN
ftr-297	206	8	8	8	NUM
ftr-297	206	9	,	,	PUNCT
ftr-297	206	10	at	at	ADP
ftr-297	206	11	68	68	NUM
ftr-297	206	12	-	-	SYM
ftr-297	206	13	69	69	NUM
ftr-297	206	14	.	.	PUNCT
ftr-297	207	1	17	17	NUM
ftr-297	207	2	.	.	PUNCT
ftr-297	208	1	see	see	VERB
ftr-297	208	2	paul	paul	PROPN
ftr-297	208	3	jackson	jackson	PROPN
ftr-297	208	4	et	et	PROPN
ftr-297	208	5	al	al	PROPN
ftr-297	208	6	.	.	PROPN
ftr-297	208	7	,	,	PUNCT
ftr-297	208	8	the	the	DET
ftr-297	208	9	internal	internal	ADJ
ftr-297	208	10	revenue	revenue	NOUN
ftr-297	208	11	code	code	NOUN
ftr-297	208	12	of	of	ADP
ftr-297	208	13	1954	1954	NUM
ftr-297	208	14	:	:	PUNCT
ftr-297	208	15	partnerships	partnership	NOUN
ftr-297	208	16	,	,	PUNCT
ftr-297	208	17	54	54	NUM
ftr-297	208	18	colum	colum	NOUN
ftr-297	208	19	.	.	PUNCT
ftr-297	209	1	l.	l.	PROPN
ftr-297	209	2	rev	rev	PROPN
ftr-297	209	3	.	.	PROPN
ftr-297	209	4	1183	1183	NUM
ftr-297	209	5	(	(	PUNCT
ftr-297	209	6	1954	1954	NUM
ftr-297	209	7	)	)	PUNCT
ftr-297	209	8	.	.	PUNCT
ftr-297	210	1	18	18	NUM
ftr-297	210	2	.	.	PUNCT
ftr-297	211	1	see	see	VERB
ftr-297	211	2	s.	s.	PROPN
ftr-297	211	3	rep	rep	PROPN
ftr-297	211	4	.	.	PROPN
ftr-297	212	1	no	no	PROPN
ftr-297	212	2	.	.	NOUN
ftr-297	212	3	83	83	NUM
ftr-297	212	4	-	-	SYM
ftr-297	212	5	1622	1622	NUM
ftr-297	212	6	,	,	PUNCT
ftr-297	212	7	supra	supra	NOUN
ftr-297	212	8	note	note	NOUN
ftr-297	212	9	6	6	NUM
ftr-297	212	10	,	,	PUNCT
ftr-297	212	11	at	at	ADP
ftr-297	212	12	406	406	NUM
ftr-297	212	13	.	.	PUNCT
ftr-297	213	1	the	the	DET
ftr-297	213	2	committee	committee	NOUN
ftr-297	213	3	stated	state	VERB
ftr-297	213	4	that	that	SCONJ
ftr-297	213	5	,	,	PUNCT
ftr-297	213	6	in	in	ADP
ftr-297	213	7	the	the	DET
ftr-297	213	8	context	context	NOUN
ftr-297	213	9	of	of	ADP
ftr-297	213	10	transfers	transfer	NOUN
ftr-297	213	11	of	of	ADP
ftr-297	213	12	partnership	partnership	NOUN
ftr-297	213	13	interests	interest	NOUN
ftr-297	213	14	,	,	PUNCT
ftr-297	213	15	"	"	PUNCT
ftr-297	213	16	assigning	assign	VERB
ftr-297	213	17	this	this	DET
ftr-297	213	18	special	special	ADJ
ftr-297	213	19	basis	basis	NOUN
ftr-297	213	20	largely	largely	ADV
ftr-297	213	21	to	to	ADP
ftr-297	213	22	the	the	DET
ftr-297	213	23	transferee	transferee	PROPN
ftr-297	213	24	partner	partner	NOUN
ftr-297	213	25	is	be	AUX
ftr-297	213	26	desirable	desirable	ADJ
ftr-297	213	27	because	because	SCONJ
ftr-297	213	28	it	it	PRON
ftr-297	213	29	is	be	AUX
ftr-297	213	30	more	more	ADV
ftr-297	213	31	accurate	accurate	ADJ
ftr-297	213	32	than	than	ADP
ftr-297	213	33	the	the	DET
ftr-297	213	34	house	house	NOUN
ftr-297	213	35	bill	bill	NOUN
ftr-297	213	36	in	in	ADP
ftr-297	213	37	reflecting	reflect	VERB
ftr-297	213	38	the	the	DET
ftr-297	213	39	increase	increase	NOUN
ftr-297	213	40	(	(	PUNCT
ftr-297	213	41	or	or	CCONJ
ftr-297	213	42	decrease	decrease	VERB
ftr-297	213	43	)	)	PUNCT
ftr-297	213	44	in	in	ADP
ftr-297	213	45	basis	basis	NOUN
ftr-297	213	46	to	to	ADP
ftr-297	213	47	the	the	DET
ftr-297	213	48	partner	partner	NOUN
ftr-297	213	49	to	to	PART
ftr-297	213	50	whom	whom	PRON
ftr-297	213	51	it	it	PRON
ftr-297	213	52	is	be	AUX
ftr-297	213	53	attributable	attributable	ADJ
ftr-297	213	54	.	.	PUNCT
ftr-297	214	1	i	i	PRON
ftr-297	214	2	d.	d.	PROPN
ftr-297	214	3	at	at	ADP
ftr-297	214	4	97	97	NUM
ftr-297	214	5	.	.	PUNCT
ftr-297	215	1	in	in	ADP
ftr-297	215	2	addition	addition	NOUN
ftr-297	215	3	,	,	PUNCT
ftr-297	215	4	unlike	unlike	ADP
ftr-297	215	5	the	the	DET
ftr-297	215	6	house	house	PROPN
ftr-297	215	7	bill	bill	NOUN
ftr-297	215	8	which	which	PRON
ftr-297	215	9	made	make	VERB
ftr-297	215	10	the	the	DET
ftr-297	215	11	election	election	NOUN
ftr-297	215	12	irrevocable	irrevocable	ADJ
ftr-297	215	13	until	until	ADP
ftr-297	215	14	the	the	DET
ftr-297	215	15	termination	termination	NOUN
ftr-297	215	16	of	of	ADP
ftr-297	215	17	the	the	DET
ftr-297	215	18	partnership	partnership	NOUN
ftr-297	215	19	,	,	PUNCT
ftr-297	215	20	the	the	DET
ftr-297	215	21	senate	senate	PROPN
ftr-297	215	22	bill	bill	PROPN
ftr-297	215	23	"	"	PUNCT
ftr-297	215	24	permitted	permit	VERB
ftr-297	215	25	the	the	DET
ftr-297	215	26	partnership	partnership	NOUN
ftr-297	215	27	to	to	PART
ftr-297	215	28	revoke	revoke	VERB
ftr-297	215	29	the	the	DET
ftr-297	215	30	election	election	NOUN
ftr-297	215	31	,	,	PUNCT
ftr-297	215	32	subject	subject	ADJ
ftr-297	215	33	to	to	ADP
ftr-297	215	34	the	the	DET
ftr-297	215	35	regulations	regulation	NOUN
ftr-297	215	36	to	to	PART
ftr-297	215	37	be	be	AUX
ftr-297	215	38	prescribed	prescribe	VERB
ftr-297	215	39	by	by	ADP
ftr-297	215	40	the	the	DET
ftr-297	215	41	secretary	secretary	NOUN
ftr-297	215	42	.	.	PUNCT
ftr-297	215	43	"	"	PUNCT
ftr-297	216	1	such	such	DET
ftr-297	216	2	a	a	DET
ftr-297	216	3	case	case	NOUN
ftr-297	216	4	would	would	AUX
ftr-297	216	5	arise	arise	VERB
ftr-297	216	6	where	where	SCONJ
ftr-297	216	7	a	a	DET
ftr-297	216	8	partnership	partnership	NOUN
ftr-297	216	9	could	could	AUX
ftr-297	216	10	demonstrate	demonstrate	VERB
ftr-297	216	11	that	that	SCONJ
ftr-297	216	12	the	the	DET
ftr-297	216	13	benefits	benefit	NOUN
ftr-297	216	14	of	of	ADP
ftr-297	216	15	the	the	DET
ftr-297	216	16	election	election	NOUN
ftr-297	216	17	were	be	AUX
ftr-297	216	18	outweighed	outweigh	VERB
ftr-297	216	19	by	by	ADP
ftr-297	216	20	increased	increase	VERB
ftr-297	216	21	administrative	administrative	ADJ
ftr-297	216	22	burdens	burden	NOUN
ftr-297	216	23	.	.	PUNCT
ftr-297	217	1	114	114	NUM
ftr-297	218	1	[	[	X
ftr-297	218	2	vol	vol	NOUN
ftr-297	218	3	.	.	PUNCT
ftr-297	219	1	15:3	15:3	NUM
ftr-297	219	2	optional	optional	ADJ
ftr-297	219	3	basis	basis	NOUN
ftr-297	219	4	adjustments	adjustment	NOUN
ftr-297	219	5	under	under	ADP
ftr-297	219	6	subchapter	subchapter	NOUN
ftr-297	219	7	k	k	PROPN
ftr-297	219	8	concluded	conclude	VERB
ftr-297	219	9	that	that	SCONJ
ftr-297	219	10	basis	basis	NOUN
ftr-297	219	11	should	should	AUX
ftr-297	219	12	not	not	PART
ftr-297	219	13	be	be	AUX
ftr-297	219	14	adjusted	adjust	VERB
ftr-297	219	15	unless	unless	SCONJ
ftr-297	219	16	the	the	DET
ftr-297	219	17	partnership	partnership	NOUN
ftr-297	219	18	elects	elect	VERB
ftr-297	219	19	affirmatively	affirmatively	ADV
ftr-297	219	20	to	to	PART
ftr-297	219	21	do	do	VERB
ftr-297	219	22	so	so	ADV
ftr-297	219	23	.	.	PUNCT
ftr-297	220	1	19	19	NUM
ftr-297	221	1	the	the	DET
ftr-297	221	2	basis	basis	NOUN
ftr-297	221	3	adjustment	adjustment	NOUN
ftr-297	221	4	provisions	provision	NOUN
ftr-297	221	5	remained	remain	VERB
ftr-297	221	6	virtually	virtually	ADV
ftr-297	221	7	unchanged	unchanged	ADJ
ftr-297	221	8	for	for	ADP
ftr-297	221	9	50	50	NUM
ftr-297	221	10	years	year	NOUN
ftr-297	221	11	.	.	PUNCT
ftr-297	222	1	however	however	ADV
ftr-297	222	2	,	,	PUNCT
ftr-297	222	3	dramatic	dramatic	ADJ
ftr-297	222	4	changes	change	NOUN
ftr-297	222	5	to	to	ADP
ftr-297	222	6	the	the	DET
ftr-297	222	7	section	section	NOUN
ftr-297	222	8	734	734	NUM
ftr-297	222	9	and	and	CCONJ
ftr-297	222	10	section	section	NOUN
ftr-297	222	11	743	743	NUM
ftr-297	222	12	basis	basis	NOUN
ftr-297	222	13	adjustments	adjustment	NOUN
ftr-297	222	14	that	that	PRON
ftr-297	222	15	impacted	impact	VERB
ftr-297	222	16	their	their	PRON
ftr-297	222	17	electivity	electivity	NOUN
ftr-297	222	18	were	be	AUX
ftr-297	222	19	enacted	enact	VERB
ftr-297	222	20	by	by	ADP
ftr-297	222	21	congress	congress	PROPN
ftr-297	222	22	in	in	ADP
ftr-297	222	23	2004	2004	NUM
ftr-297	222	24	.	.	PUNCT
ftr-297	223	1	prior	prior	ADV
ftr-297	223	2	to	to	ADP
ftr-297	223	3	that	that	DET
ftr-297	223	4	time	time	NOUN
ftr-297	223	5	,	,	PUNCT
ftr-297	223	6	a	a	DET
ftr-297	223	7	partnership	partnership	NOUN
ftr-297	223	8	had	have	VERB
ftr-297	223	9	an	an	DET
ftr-297	223	10	unconstrained	unconstrained	ADJ
ftr-297	223	11	right	right	NOUN
ftr-297	223	12	to	to	PART
ftr-297	223	13	elect	elect	VERB
ftr-297	223	14	,	,	PUNCT
ftr-297	223	15	or	or	CCONJ
ftr-297	223	16	not	not	PART
ftr-297	223	17	to	to	PART
ftr-297	223	18	elect	elect	VERB
ftr-297	223	19	,	,	PUNCT
ftr-297	223	20	under	under	ADP
ftr-297	223	21	section	section	NOUN
ftr-297	223	22	754	754	NUM
ftr-297	223	23	.	.	PUNCT
ftr-297	224	1	a	a	DET
ftr-297	224	2	section	section	NOUN
ftr-297	224	3	754	754	NUM
ftr-297	224	4	election	election	NOUN
ftr-297	224	5	was	be	AUX
ftr-297	224	6	not	not	PART
ftr-297	224	7	required	require	VERB
ftr-297	224	8	,	,	PUNCT
ftr-297	224	9	even	even	ADV
ftr-297	224	10	in	in	ADP
ftr-297	224	11	cases	case	NOUN
ftr-297	224	12	where	where	SCONJ
ftr-297	224	13	the	the	DET
ftr-297	224	14	resulting	result	VERB
ftr-297	224	15	adjustment	adjustment	NOUN
ftr-297	224	16	under	under	ADP
ftr-297	224	17	section	section	NOUN
ftr-297	224	18	734(b	734(b	PROPN
ftr-297	224	19	)	)	PUNCT
ftr-297	224	20	and	and	CCONJ
ftr-297	224	21	section	section	NOUN
ftr-297	224	22	743(b	743(b	PROPN
ftr-297	224	23	)	)	PUNCT
ftr-297	224	24	would	would	AUX
ftr-297	224	25	cause	cause	VERB
ftr-297	224	26	a	a	DET
ftr-297	224	27	decrease	decrease	NOUN
ftr-297	224	28	to	to	ADP
ftr-297	224	29	the	the	DET
ftr-297	224	30	basis	basis	NOUN
ftr-297	224	31	of	of	ADP
ftr-297	224	32	the	the	DET
ftr-297	224	33	partnership	partnership	NOUN
ftr-297	224	34	property	property	NOUN
ftr-297	224	35	.	.	PUNCT
ftr-297	225	1	concerned	concerned	ADJ
ftr-297	225	2	about	about	ADP
ftr-297	225	3	the	the	DET
ftr-297	225	4	potential	potential	NOUN
ftr-297	225	5	for	for	ADP
ftr-297	225	6	loss	loss	NOUN
ftr-297	225	7	duplication	duplication	NOUN
ftr-297	225	8	,	,	PUNCT
ftr-297	225	9	congress	congress	PROPN
ftr-297	225	10	significantly	significantly	ADV
ftr-297	225	11	modified	modify	VERB
ftr-297	225	12	section	section	NOUN
ftr-297	225	13	734	734	NUM
ftr-297	225	14	and	and	CCONJ
ftr-297	225	15	section	section	NOUN
ftr-297	225	16	743	743	NUM
ftr-297	225	17	by	by	ADP
ftr-297	225	18	making	make	VERB
ftr-297	225	19	certain	certain	ADJ
ftr-297	225	20	basis	basis	NOUN
ftr-297	225	21	adjustments	adjustment	NOUN
ftr-297	225	22	mandatory.20	mandatory.20	NOUN
ftr-297	225	23	those	those	DET
ftr-297	225	24	changes	change	NOUN
ftr-297	225	25	reduce	reduce	VERB
ftr-297	225	26	the	the	DET
ftr-297	225	27	elective	elective	ADJ
ftr-297	225	28	scope	scope	NOUN
ftr-297	225	29	of	of	ADP
ftr-297	225	30	section	section	NOUN
ftr-297	225	31	754	754	NUM
ftr-297	225	32	and	and	CCONJ
ftr-297	225	33	call	call	VERB
ftr-297	225	34	into	into	ADP
ftr-297	225	35	question	question	NOUN
ftr-297	225	36	the	the	DET
ftr-297	225	37	efficacy	efficacy	NOUN
ftr-297	225	38	of	of	ADP
ftr-297	225	39	continuing	continue	VERB
ftr-297	225	40	its	its	PRON
ftr-297	225	41	electivity	electivity	NOUN
ftr-297	225	42	in	in	ADP
ftr-297	225	43	all	all	DET
ftr-297	225	44	other	other	ADJ
ftr-297	225	45	cases	case	NOUN
ftr-297	225	46	.	.	PUNCT
ftr-297	226	1	as	as	SCONJ
ftr-297	226	2	the	the	DET
ftr-297	226	3	basis	basis	NOUN
ftr-297	226	4	adjustments	adjustment	NOUN
ftr-297	226	5	are	be	AUX
ftr-297	226	6	mandatory	mandatory	ADJ
ftr-297	226	7	in	in	ADP
ftr-297	226	8	some	some	DET
ftr-297	226	9	cases	case	NOUN
ftr-297	226	10	,	,	PUNCT
ftr-297	226	11	regardless	regardless	ADV
ftr-297	226	12	of	of	ADP
ftr-297	226	13	size	size	NOUN
ftr-297	226	14	or	or	CCONJ
ftr-297	226	15	administrative	administrative	ADJ
ftr-297	226	16	burden	burden	NOUN
ftr-297	226	17	,	,	PUNCT
ftr-297	226	18	why	why	SCONJ
ftr-297	226	19	not	not	PART
ftr-297	226	20	make	make	VERB
ftr-297	226	21	them	they	PRON
ftr-297	226	22	mandatory	mandatory	ADJ
ftr-297	226	23	in	in	ADP
ftr-297	226	24	all	all	DET
ftr-297	226	25	cases	case	NOUN
ftr-297	226	26	?	?	PUNCT
ftr-297	227	1	c.	c.	NOUN
ftr-297	227	2	election	election	PROPN
ftr-297	227	3	under	under	ADP
ftr-297	227	4	section	section	NOUN
ftr-297	227	5	754	754	NUM
ftr-297	227	6	the	the	DET
ftr-297	227	7	basis	basis	NOUN
ftr-297	227	8	adjustment	adjustment	NOUN
ftr-297	227	9	is	be	AUX
ftr-297	227	10	specifically	specifically	ADV
ftr-297	227	11	conditioned	condition	VERB
ftr-297	227	12	on	on	ADP
ftr-297	227	13	the	the	DET
ftr-297	227	14	filing	filing	NOUN
ftr-297	227	15	of	of	ADP
ftr-297	227	16	an	an	DET
ftr-297	227	17	election	election	NOUN
ftr-297	227	18	by	by	ADP
ftr-297	227	19	the	the	DET
ftr-297	227	20	partnership	partnership	NOUN
ftr-297	227	21	.	.	PUNCT
ftr-297	228	1	the	the	DET
ftr-297	228	2	election	election	NOUN
ftr-297	228	3	is	be	AUX
ftr-297	228	4	a	a	DET
ftr-297	228	5	prerequisite	prerequisite	NOUN
ftr-297	228	6	to	to	ADP
ftr-297	228	7	a	a	DET
ftr-297	228	8	basis	basis	NOUN
ftr-297	228	9	adjustment	adjustment	NOUN
ftr-297	228	10	.	.	PUNCT
ftr-297	229	1	although	although	SCONJ
ftr-297	229	2	only	only	ADV
ftr-297	229	3	the	the	DET
ftr-297	229	4	acquiring	acquire	VERB
ftr-297	229	5	partner	partner	NOUN
ftr-297	229	6	is	be	AUX
ftr-297	229	7	affected	affect	VERB
ftr-297	229	8	by	by	ADP
ftr-297	229	9	a	a	DET
ftr-297	229	10	section	section	NOUN
ftr-297	229	11	743(b	743(b	NUM
ftr-297	229	12	)	)	PUNCT
ftr-297	229	13	basis	basis	NOUN
ftr-297	229	14	adjustment	adjustment	NOUN
ftr-297	229	15	,	,	PUNCT
ftr-297	229	16	the	the	DET
ftr-297	229	17	election	election	NOUN
ftr-297	229	18	must	must	AUX
ftr-297	229	19	be	be	AUX
ftr-297	229	20	made	make	VERB
ftr-297	229	21	by	by	ADP
ftr-297	229	22	the	the	DET
ftr-297	229	23	partnership	partnership	NOUN
ftr-297	229	24	,	,	PUNCT
ftr-297	229	25	not	not	PART
ftr-297	229	26	by	by	ADP
ftr-297	229	27	the	the	DET
ftr-297	229	28	acquiring	acquire	VERB
ftr-297	229	29	partner	partner	NOUN
ftr-297	229	30	.	.	PUNCT
ftr-297	230	1	the	the	DET
ftr-297	230	2	regulations	regulation	NOUN
ftr-297	230	3	provide	provide	VERB
ftr-297	230	4	that	that	SCONJ
ftr-297	230	5	the	the	DET
ftr-297	230	6	election	election	NOUN
ftr-297	230	7	is	be	AUX
ftr-297	230	8	"	"	PUNCT
ftr-297	230	9	filed	file	VERB
ftr-297	230	10	with	with	ADP
ftr-297	230	11	the	the	DET
ftr-297	230	12	partnership	partnership	NOUN
ftr-297	230	13	return	return	NOUN
ftr-297	230	14	for	for	ADP
ftr-297	230	15	the	the	DET
ftr-297	230	16	taxable	taxable	ADJ
ftr-297	230	17	year	year	NOUN
ftr-297	230	18	during	during	ADP
ftr-297	230	19	which	which	PRON
ftr-297	230	20	the	the	DET
ftr-297	230	21	distribution	distribution	NOUN
ftr-297	230	22	or	or	CCONJ
ftr-297	230	23	transfer	transfer	NOUN
ftr-297	230	24	occurs	occur	VERB
ftr-297	230	25	.	.	PUNCT
ftr-297	231	1	"2	"2	PROPN
ftr-297	231	2	'	'	PUNCT
ftr-297	231	3	once	once	ADV
ftr-297	231	4	made	make	VERB
ftr-297	231	5	,	,	PUNCT
ftr-297	231	6	it	it	PRON
ftr-297	231	7	requires	require	VERB
ftr-297	231	8	the	the	DET
ftr-297	231	9	application	application	NOUN
ftr-297	231	10	of	of	ADP
ftr-297	231	11	the	the	DET
ftr-297	231	12	adjustment	adjustment	NOUN
ftr-297	231	13	to	to	ADP
ftr-297	231	14	all	all	DET
ftr-297	231	15	current	current	ADJ
ftr-297	231	16	and	and	CCONJ
ftr-297	231	17	future	future	ADJ
ftr-297	231	18	transfers	transfer	NOUN
ftr-297	231	19	of	of	ADP
ftr-297	231	20	partnership	partnership	NOUN
ftr-297	231	21	interests	interest	NOUN
ftr-297	231	22	by	by	ADP
ftr-297	231	23	sale	sale	NOUN
ftr-297	231	24	,	,	PUNCT
ftr-297	231	25	exchange	exchange	NOUN
ftr-297	231	26	,	,	PUNCT
ftr-297	231	27	or	or	CCONJ
ftr-297	231	28	death	death	NOUN
ftr-297	231	29	as	as	ADV
ftr-297	231	30	well	well	ADV
ftr-297	231	31	as	as	ADP
ftr-297	231	32	distributions	distribution	NOUN
ftr-297	231	33	of	of	ADP
ftr-297	231	34	assets	asset	NOUN
ftr-297	231	35	in	in	ADP
ftr-297	231	36	certain	certain	ADJ
ftr-297	231	37	settings	setting	NOUN
ftr-297	231	38	.	.	PUNCT
ftr-297	232	1	only	only	ADV
ftr-297	232	2	upon	upon	SCONJ
ftr-297	232	3	a	a	DET
ftr-297	232	4	revocation	revocation	NOUN
ftr-297	232	5	of	of	ADP
ftr-297	232	6	the	the	DET
ftr-297	232	7	election	election	NOUN
ftr-297	232	8	,	,	PUNCT
ftr-297	232	9	which	which	PRON
ftr-297	232	10	is	be	AUX
ftr-297	232	11	conditioned	condition	VERB
ftr-297	232	12	upon	upon	SCONJ
ftr-297	232	13	the	the	DET
ftr-297	232	14	approval	approval	NOUN
ftr-297	232	15	of	of	ADP
ftr-297	232	16	the	the	DET
ftr-297	232	17	service	service	NOUN
ftr-297	232	18	,	,	PUNCT
ftr-297	232	19	can	can	AUX
ftr-297	232	20	these	these	DET
ftr-297	232	21	consequences	consequence	NOUN
ftr-297	232	22	be	be	AUX
ftr-297	232	23	avoided.22	avoided.22	PROPN
ftr-297	232	24	however	however	ADV
ftr-297	232	25	,	,	PUNCT
ftr-297	232	26	the	the	DET
ftr-297	232	27	revocation	revocation	NOUN
ftr-297	232	28	would	would	AUX
ftr-297	232	29	not	not	PART
ftr-297	232	30	be	be	AUX
ftr-297	232	31	permitted	permit	VERB
ftr-297	232	32	when	when	SCONJ
ftr-297	232	33	designed	design	VERB
ftr-297	232	34	to	to	PART
ftr-297	232	35	avoid	avoid	VERB
ftr-297	232	36	stepping	step	VERB
ftr-297	232	37	down	down	ADP
ftr-297	232	38	the	the	DET
ftr-297	232	39	basis	basis	NOUN
ftr-297	232	40	of	of	ADP
ftr-297	232	41	the	the	DET
ftr-297	232	42	partnership	partnership	NOUN
ftr-297	232	43	assets	asset	NOUN
ftr-297	232	44	upon	upon	SCONJ
ftr-297	232	45	a	a	DET
ftr-297	232	46	transfer	transfer	NOUN
ftr-297	232	47	or	or	CCONJ
ftr-297	232	48	a	a	DET
ftr-297	232	49	distribution	distribution	NOUN
ftr-297	232	50	.	.	PUNCT
ftr-297	233	1	19	19	NUM
ftr-297	233	2	.	.	PUNCT
ftr-297	234	1	h.	h.	PROPN
ftr-297	234	2	r.	r.	PROPN
ftr-297	234	3	rep	rep	PROPN
ftr-297	234	4	.	.	PROPN
ftr-297	235	1	no	no	PROPN
ftr-297	235	2	.	.	NOUN
ftr-297	236	1	83	83	NUM
ftr-297	236	2	-	-	SYM
ftr-297	236	3	1337	1337	NUM
ftr-297	237	1	,	,	PUNCT
ftr-297	237	2	supra	supra	PROPN
ftr-297	237	3	note	note	PROPN
ftr-297	237	4	8	8	NUM
ftr-297	237	5	,	,	PUNCT
ftr-297	237	6	at	at	ADP
ftr-297	237	7	70	70	NUM
ftr-297	237	8	.	.	PUNCT
ftr-297	237	9	20	20	NUM
ftr-297	237	10	.	.	PUNCT
ftr-297	238	1	as	as	SCONJ
ftr-297	238	2	amended	amend	VERB
ftr-297	238	3	in	in	ADP
ftr-297	238	4	2004	2004	NUM
ftr-297	238	5	,	,	PUNCT
ftr-297	238	6	section	section	NOUN
ftr-297	238	7	734(b	734(b	PROPN
ftr-297	238	8	)	)	PUNCT
ftr-297	238	9	requires	require	VERB
ftr-297	238	10	a	a	DET
ftr-297	238	11	partnership	partnership	NOUN
ftr-297	238	12	without	without	ADP
ftr-297	238	13	a	a	DET
ftr-297	238	14	section	section	NOUN
ftr-297	238	15	754	754	NUM
ftr-297	238	16	election	election	NOUN
ftr-297	238	17	in	in	ADP
ftr-297	238	18	effect	effect	NOUN
ftr-297	238	19	to	to	PART
ftr-297	238	20	adjust	adjust	VERB
ftr-297	238	21	the	the	DET
ftr-297	238	22	basis	basis	NOUN
ftr-297	238	23	of	of	ADP
ftr-297	238	24	partnership	partnership	NOUN
ftr-297	238	25	property	property	NOUN
ftr-297	238	26	for	for	ADP
ftr-297	238	27	distributions	distribution	NOUN
ftr-297	238	28	to	to	ADP
ftr-297	238	29	partners	partner	NOUN
ftr-297	238	30	with	with	ADP
ftr-297	238	31	respect	respect	NOUN
ftr-297	238	32	to	to	ADP
ftr-297	238	33	which	which	PRON
ftr-297	238	34	there	there	PRON
ftr-297	238	35	is	be	VERB
ftr-297	238	36	a	a	DET
ftr-297	238	37	substantial	substantial	ADJ
ftr-297	238	38	basis	basis	NOUN
ftr-297	238	39	reduction	reduction	NOUN
ftr-297	238	40	.	.	PUNCT
ftr-297	239	1	also	also	ADV
ftr-297	239	2	,	,	PUNCT
ftr-297	239	3	section	section	NOUN
ftr-297	239	4	743(b	743(b	PROPN
ftr-297	239	5	)	)	PUNCT
ftr-297	239	6	requires	require	VERB
ftr-297	239	7	a	a	DET
ftr-297	239	8	partnership	partnership	NOUN
ftr-297	239	9	without	without	ADP
ftr-297	239	10	a	a	DET
ftr-297	239	11	section	section	NOUN
ftr-297	239	12	754	754	NUM
ftr-297	239	13	election	election	NOUN
ftr-297	239	14	to	to	PART
ftr-297	239	15	adjust	adjust	VERB
ftr-297	239	16	basis	basis	NOUN
ftr-297	239	17	to	to	PART
ftr-297	239	18	partnership	partnership	VERB
ftr-297	239	19	property	property	NOUN
ftr-297	239	20	in	in	ADP
ftr-297	239	21	the	the	DET
ftr-297	239	22	event	event	NOUN
ftr-297	239	23	of	of	ADP
ftr-297	239	24	a	a	DET
ftr-297	239	25	transfer	transfer	NOUN
ftr-297	239	26	of	of	ADP
ftr-297	239	27	a	a	DET
ftr-297	239	28	partnership	partnership	NOUN
ftr-297	239	29	interest	interest	NOUN
ftr-297	239	30	with	with	ADP
ftr-297	239	31	respect	respect	NOUN
ftr-297	239	32	to	to	ADP
ftr-297	239	33	which	which	PRON
ftr-297	239	34	there	there	PRON
ftr-297	239	35	is	be	VERB
ftr-297	239	36	a	a	DET
ftr-297	239	37	substantial	substantial	ADJ
ftr-297	239	38	built	build	VERB
ftr-297	239	39	-	-	PUNCT
ftr-297	239	40	in	in	ADP
ftr-297	239	41	-	-	PUNCT
ftr-297	239	42	loss	loss	NOUN
ftr-297	239	43	.	.	PUNCT
ftr-297	240	1	congress	congress	PROPN
ftr-297	240	2	carved	carve	VERB
ftr-297	240	3	out	out	ADP
ftr-297	240	4	an	an	DET
ftr-297	240	5	exception	exception	NOUN
ftr-297	240	6	to	to	ADP
ftr-297	240	7	mandatory	mandatory	ADJ
ftr-297	240	8	basis	basis	NOUN
ftr-297	240	9	adjustments	adjustment	NOUN
ftr-297	240	10	under	under	ADP
ftr-297	240	11	section	section	NOUN
ftr-297	240	12	743(b	743(b	PROPN
ftr-297	240	13	)	)	PUNCT
ftr-297	240	14	for	for	ADP
ftr-297	240	15	electing	elect	VERB
ftr-297	240	16	investment	investment	NOUN
ftr-297	240	17	partnerships	partnership	NOUN
ftr-297	240	18	.	.	PUNCT
ftr-297	241	1	21	21	NUM
ftr-297	241	2	.	.	X
ftr-297	242	1	reg	reg	NOUN
ftr-297	242	2	.	.	PUNCT
ftr-297	243	1	§	§	PROPN
ftr-297	243	2	1.754	1.754	NUM
ftr-297	243	3	-	-	PUNCT
ftr-297	243	4	l(b)(1	l(b)(1	NUM
ftr-297	243	5	)	)	PUNCT
ftr-297	243	6	.	.	PUNCT
ftr-297	244	1	22	22	NUM
ftr-297	244	2	.	.	PUNCT
ftr-297	245	1	the	the	DET
ftr-297	245	2	regulations	regulation	NOUN
ftr-297	245	3	list	list	VERB
ftr-297	245	4	examples	example	NOUN
ftr-297	245	5	of	of	ADP
ftr-297	245	6	situations	situation	NOUN
ftr-297	245	7	where	where	SCONJ
ftr-297	245	8	a	a	DET
ftr-297	245	9	sufficient	sufficient	ADJ
ftr-297	245	10	reason	reason	NOUN
ftr-297	245	11	for	for	ADP
ftr-297	245	12	revocation	revocation	NOUN
ftr-297	245	13	may	may	AUX
ftr-297	245	14	exist	exist	VERB
ftr-297	245	15	:	:	PUNCT
ftr-297	245	16	a	a	DET
ftr-297	245	17	change	change	NOUN
ftr-297	245	18	in	in	ADP
ftr-297	245	19	the	the	DET
ftr-297	245	20	nature	nature	NOUN
ftr-297	245	21	of	of	ADP
ftr-297	245	22	the	the	DET
ftr-297	245	23	partnership	partnership	NOUN
ftr-297	245	24	business	business	NOUN
ftr-297	245	25	;	;	PUNCT
ftr-297	245	26	a	a	DET
ftr-297	245	27	substantial	substantial	ADJ
ftr-297	245	28	2014	2014	NUM
ftr-297	245	29	]	]	SYM
ftr-297	245	30	115	115	NUM
ftr-297	245	31	florida	florida	PROPN
ftr-297	245	32	tax	tax	PROPN
ftr-297	245	33	review	review	NOUN
ftr-297	245	34	d.	d.	PROPN
ftr-297	245	35	operation	operation	PROPN
ftr-297	245	36	of	of	ADP
ftr-297	245	37	adjustment	adjustment	NOUN
ftr-297	245	38	to	to	ADP
ftr-297	245	39	basis	basis	NOUN
ftr-297	245	40	of	of	ADP
ftr-297	245	41	partnership	partnership	NOUN
ftr-297	245	42	properties	property	NOUN
ftr-297	245	43	in	in	ADP
ftr-297	245	44	general	general	ADJ
ftr-297	245	45	returning	return	VERB
ftr-297	245	46	to	to	ADP
ftr-297	245	47	the	the	DET
ftr-297	245	48	balance	balance	NOUN
ftr-297	245	49	sheet	sheet	NOUN
ftr-297	245	50	of	of	ADP
ftr-297	245	51	equal	equal	ADJ
ftr-297	245	52	partnership	partnership	NOUN
ftr-297	245	53	abc	abc	PROPN
ftr-297	245	54	,	,	PUNCT
ftr-297	245	55	assume	assume	VERB
ftr-297	245	56	in	in	ADP
ftr-297	245	57	year	year	NOUN
ftr-297	245	58	3	3	NUM
ftr-297	245	59	that	that	PRON
ftr-297	245	60	c	c	PROPN
ftr-297	245	61	sells	sell	VERB
ftr-297	245	62	his	his	PRON
ftr-297	245	63	partnership	partnership	NOUN
ftr-297	245	64	interest	interest	NOUN
ftr-297	245	65	to	to	ADP
ftr-297	245	66	d	d	PROPN
ftr-297	245	67	for	for	ADP
ftr-297	245	68	$	$	SYM
ftr-297	245	69	11,000	11,000	NUM
ftr-297	245	70	and	and	CCONJ
ftr-297	245	71	recognizes	recognize	VERB
ftr-297	245	72	gain	gain	NOUN
ftr-297	245	73	of	of	ADP
ftr-297	245	74	$	$	SYM
ftr-297	245	75	5,000.23	5,000.23	NUM
ftr-297	245	76	assets	asset	NOUN
ftr-297	245	77	:	:	PUNCT
ftr-297	245	78	adjusted	adjust	VERB
ftr-297	245	79	fair	fair	ADJ
ftr-297	245	80	capital	capital	NOUN
ftr-297	245	81	:	:	PUNCT
ftr-297	245	82	adjusted	adjust	VERB
ftr-297	245	83	fair	fair	ADJ
ftr-297	245	84	basis	basis	NOUN
ftr-297	245	85	market	market	NOUN
ftr-297	245	86	basis	basis	NOUN
ftr-297	245	87	market	market	NOUN
ftr-297	245	88	value	value	NOUN
ftr-297	245	89	value	value	NOUN
ftr-297	245	90	cash	cash	NOUN
ftr-297	245	91	$	$	SYM
ftr-297	245	92	3,000	3,000	NUM
ftr-297	245	93	$	$	SYM
ftr-297	245	94	3,000	3,000	NUM
ftr-297	245	95	a	a	DET
ftr-297	245	96	$	$	SYM
ftr-297	245	97	6,000	6,000	NUM
ftr-297	245	98	$	$	SYM
ftr-297	245	99	11,000	11,000	NUM
ftr-297	245	100	inventory	inventory	NOUN
ftr-297	245	101	9,000	9,000	NUM
ftr-297	245	102	18,000	18,000	NUM
ftr-297	245	103	b	b	NOUN
ftr-297	245	104	6,000	6,000	NUM
ftr-297	245	105	11,000	11,000	NUM
ftr-297	245	106	capital	capital	NOUN
ftr-297	245	107	asset	asset	NOUN
ftr-297	245	108	_	_	PUNCT
ftr-297	245	109	6,00	6,00	NOUN
ftr-297	245	110	1	1	NUM
ftr-297	245	111	c	c	X
ftr-297	245	112	_	_	PUNCT
ftr-297	245	113	6,00	6,00	NOUN
ftr-297	246	1	110	110	NUM
ftr-297	246	2	total	total	ADJ
ftr-297	246	3	$	$	SYM
ftr-297	246	4	18,000	18,000	NUM
ftr-297	246	5	$	$	SYM
ftr-297	246	6	33,000	33,000	NUM
ftr-297	246	7	total	total	ADJ
ftr-297	246	8	$	$	SYM
ftr-297	246	9	18,000	18,000	NUM
ftr-297	246	10	$	$	SYM
ftr-297	246	11	33,000	33,000	NUM
ftr-297	246	12	the	the	DET
ftr-297	246	13	code	code	NOUN
ftr-297	246	14	permits	permit	VERB
ftr-297	246	15	an	an	DET
ftr-297	246	16	elective	elective	ADJ
ftr-297	246	17	adjustment	adjustment	NOUN
ftr-297	246	18	to	to	ADP
ftr-297	246	19	the	the	DET
ftr-297	246	20	bases	basis	NOUN
ftr-297	246	21	of	of	ADP
ftr-297	246	22	the	the	DET
ftr-297	246	23	partnership	partnership	NOUN
ftr-297	246	24	's	's	PART
ftr-297	246	25	properties	property	NOUN
ftr-297	246	26	.	.	PUNCT
ftr-297	247	1	this	this	DET
ftr-297	247	2	adjustment	adjustment	NOUN
ftr-297	247	3	in	in	ADP
ftr-297	247	4	essence	essence	NOUN
ftr-297	247	5	reflects	reflect	VERB
ftr-297	247	6	the	the	DET
ftr-297	247	7	difference	difference	NOUN
ftr-297	247	8	between	between	ADP
ftr-297	247	9	the	the	DET
ftr-297	247	10	purchasing	purchasing	NOUN
ftr-297	247	11	partner	partner	NOUN
ftr-297	247	12	's	's	PART
ftr-297	247	13	basis	basis	NOUN
ftr-297	247	14	in	in	ADP
ftr-297	247	15	the	the	DET
ftr-297	247	16	transferred	transfer	VERB
ftr-297	247	17	partnership	partnership	NOUN
ftr-297	247	18	interest	interest	NOUN
ftr-297	247	19	and	and	CCONJ
ftr-297	247	20	his	his	PRON
ftr-297	247	21	share	share	NOUN
ftr-297	247	22	of	of	ADP
ftr-297	247	23	the	the	DET
ftr-297	247	24	partnership	partnership	NOUN
ftr-297	247	25	's	's	PART
ftr-297	247	26	adjusted	adjust	VERB
ftr-297	247	27	bases	basis	NOUN
ftr-297	247	28	for	for	ADP
ftr-297	247	29	those	those	DET
ftr-297	247	30	properties	property	NOUN
ftr-297	247	31	.	.	PUNCT
ftr-297	248	1	such	such	DET
ftr-297	248	2	a	a	DET
ftr-297	248	3	comparison	comparison	NOUN
ftr-297	248	4	may	may	AUX
ftr-297	248	5	result	result	VERB
ftr-297	248	6	in	in	ADP
ftr-297	248	7	an	an	DET
ftr-297	248	8	overall	overall	ADJ
ftr-297	248	9	increase	increase	NOUN
ftr-297	248	10	in	in	ADP
ftr-297	248	11	basis	basis	NOUN
ftr-297	248	12	or	or	CCONJ
ftr-297	248	13	an	an	DET
ftr-297	248	14	overall	overall	ADJ
ftr-297	248	15	decrease	decrease	NOUN
ftr-297	248	16	in	in	ADP
ftr-297	248	17	basis.24	basis.24	NOUN
ftr-297	248	18	in	in	ADP
ftr-297	248	19	the	the	DET
ftr-297	248	20	example	example	NOUN
ftr-297	248	21	,	,	PUNCT
ftr-297	248	22	c	c	PROPN
ftr-297	248	23	sells	sell	VERB
ftr-297	248	24	a	a	DET
ftr-297	248	25	one	one	NUM
ftr-297	248	26	-	-	PUNCT
ftr-297	248	27	third	third	NOUN
ftr-297	248	28	interest	interest	NOUN
ftr-297	248	29	in	in	ADP
ftr-297	248	30	the	the	DET
ftr-297	248	31	partnership	partnership	NOUN
ftr-297	248	32	to	to	ADP
ftr-297	248	33	d	d	PROPN
ftr-297	248	34	for	for	ADP
ftr-297	248	35	$	$	SYM
ftr-297	248	36	11,000	11,000	NUM
ftr-297	248	37	.	.	PUNCT
ftr-297	249	1	accordingly	accordingly	ADV
ftr-297	249	2	,	,	PUNCT
ftr-297	249	3	d	d	PRON
ftr-297	249	4	's	's	PART
ftr-297	249	5	basis	basis	NOUN
ftr-297	249	6	in	in	ADP
ftr-297	249	7	the	the	DET
ftr-297	249	8	transferred	transfer	VERB
ftr-297	249	9	partnership	partnership	NOUN
ftr-297	249	10	interest	interest	NOUN
ftr-297	249	11	is	be	AUX
ftr-297	249	12	$	$	SYM
ftr-297	249	13	11,000.25	11,000.25	NUM
ftr-297	249	14	under	under	ADP
ftr-297	249	15	the	the	DET
ftr-297	249	16	regulations	regulation	NOUN
ftr-297	249	17	,	,	PUNCT
ftr-297	249	18	her	her	PRON
ftr-297	249	19	section	section	NOUN
ftr-297	249	20	743(b	743(b	NOUN
ftr-297	249	21	)	)	PUNCT
ftr-297	249	22	basis	basis	NOUN
ftr-297	249	23	adjustment	adjustment	NOUN
ftr-297	249	24	equals	equal	VERB
ftr-297	249	25	the	the	DET
ftr-297	249	26	difference	difference	NOUN
ftr-297	249	27	between	between	ADP
ftr-297	249	28	her	her	PRON
ftr-297	249	29	basis	basis	NOUN
ftr-297	249	30	for	for	ADP
ftr-297	249	31	the	the	DET
ftr-297	249	32	partnership	partnership	NOUN
ftr-297	249	33	interest	interest	NOUN
ftr-297	249	34	and	and	CCONJ
ftr-297	249	35	her	her	PRON
ftr-297	249	36	interest	interest	NOUN
ftr-297	249	37	in	in	ADP
ftr-297	249	38	previously	previously	ADV
ftr-297	249	39	taxed	tax	VERB
ftr-297	249	40	capital	capital	NOUN
ftr-297	249	41	increased	increase	VERB
ftr-297	249	42	by	by	ADP
ftr-297	249	43	her	her	PRON
ftr-297	249	44	share	share	NOUN
ftr-297	249	45	of	of	ADP
ftr-297	249	46	partnership	partnership	NOUN
ftr-297	249	47	liabilities.2	liabilities.2	PROPN
ftr-297	249	48	6	6	NUM
ftr-297	249	49	previously	previously	ADV
ftr-297	249	50	taxed	tax	VERB
ftr-297	249	51	capital	capital	NOUN
ftr-297	249	52	equals	equal	VERB
ftr-297	249	53	her	her	PRON
ftr-297	249	54	share	share	NOUN
ftr-297	249	55	of	of	ADP
ftr-297	249	56	the	the	DET
ftr-297	249	57	liquidation	liquidation	NOUN
ftr-297	249	58	proceeds	proceed	NOUN
ftr-297	249	59	if	if	SCONJ
ftr-297	249	60	all	all	PRON
ftr-297	249	61	of	of	ADP
ftr-297	249	62	the	the	DET
ftr-297	249	63	partnership	partnership	NOUN
ftr-297	249	64	assets	asset	NOUN
ftr-297	249	65	were	be	AUX
ftr-297	249	66	sold	sell	VERB
ftr-297	249	67	at	at	ADP
ftr-297	249	68	fair	fair	ADJ
ftr-297	249	69	market	market	NOUN
ftr-297	249	70	value	value	NOUN
ftr-297	249	71	(	(	PUNCT
ftr-297	249	72	$	$	SYM
ftr-297	249	73	11,000	11,000	NUM
ftr-297	249	74	)	)	PUNCT
ftr-297	249	75	decreased	decrease	VERB
ftr-297	249	76	by	by	ADP
ftr-297	249	77	her	her	PRON
ftr-297	249	78	share	share	NOUN
ftr-297	249	79	of	of	ADP
ftr-297	249	80	gain	gain	NOUN
ftr-297	249	81	arising	arise	VERB
ftr-297	249	82	from	from	ADP
ftr-297	249	83	the	the	DET
ftr-297	249	84	sale	sale	NOUN
ftr-297	249	85	(	(	PUNCT
ftr-297	249	86	$	$	SYM
ftr-297	249	87	5,000	5,000	NUM
ftr-297	249	88	)	)	PUNCT
ftr-297	249	89	and	and	CCONJ
ftr-297	249	90	increased	increase	VERB
ftr-297	249	91	by	by	ADP
ftr-297	249	92	her	her	PRON
ftr-297	249	93	share	share	NOUN
ftr-297	249	94	of	of	ADP
ftr-297	249	95	loss	loss	NOUN
ftr-297	249	96	(	(	PUNCT
ftr-297	249	97	$	$	SYM
ftr-297	249	98	0).27	0).27	NOUN
ftr-297	249	99	there	there	PRON
ftr-297	249	100	are	be	VERB
ftr-297	249	101	no	no	DET
ftr-297	249	102	liabilities	liability	NOUN
ftr-297	249	103	in	in	ADP
ftr-297	249	104	the	the	DET
ftr-297	249	105	example	example	NOUN
ftr-297	249	106	.	.	PUNCT
ftr-297	250	1	thus	thus	ADV
ftr-297	250	2	,	,	PUNCT
ftr-297	250	3	d	d	PROPN
ftr-297	250	4	is	be	AUX
ftr-297	250	5	entitled	entitle	VERB
ftr-297	250	6	to	to	ADP
ftr-297	250	7	a	a	DET
ftr-297	250	8	positive	positive	ADJ
ftr-297	250	9	adjustment	adjustment	NOUN
ftr-297	250	10	of	of	ADP
ftr-297	250	11	$	$	SYM
ftr-297	250	12	5,000	5,000	NUM
ftr-297	250	13	(	(	PUNCT
ftr-297	250	14	$	$	SYM
ftr-297	250	15	11,000	11,000	NUM
ftr-297	250	16	$	$	SYM
ftr-297	250	17	6,000).28	6,000).28	NUM
ftr-297	250	18	increase	increase	NOUN
ftr-297	250	19	in	in	ADP
ftr-297	250	20	the	the	DET
ftr-297	250	21	assets	asset	NOUN
ftr-297	250	22	of	of	ADP
ftr-297	250	23	the	the	DET
ftr-297	250	24	partnership	partnership	NOUN
ftr-297	250	25	;	;	PUNCT
ftr-297	250	26	a	a	DET
ftr-297	250	27	change	change	NOUN
ftr-297	250	28	in	in	ADP
ftr-297	250	29	the	the	DET
ftr-297	250	30	character	character	NOUN
ftr-297	250	31	of	of	ADP
ftr-297	250	32	partnership	partnership	NOUN
ftr-297	250	33	assets	asset	NOUN
ftr-297	250	34	;	;	PUNCT
ftr-297	250	35	and	and	CCONJ
ftr-297	250	36	an	an	DET
ftr-297	250	37	increased	increase	VERB
ftr-297	250	38	frequency	frequency	NOUN
ftr-297	250	39	of	of	ADP
ftr-297	250	40	retirements	retirement	NOUN
ftr-297	250	41	or	or	CCONJ
ftr-297	250	42	shifts	shift	NOUN
ftr-297	250	43	of	of	ADP
ftr-297	250	44	partnership	partnership	NOUN
ftr-297	250	45	interests	interest	NOUN
ftr-297	250	46	so	so	SCONJ
ftr-297	250	47	that	that	SCONJ
ftr-297	250	48	an	an	DET
ftr-297	250	49	increased	increase	VERB
ftr-297	250	50	administrative	administrative	ADJ
ftr-297	250	51	burden	burden	NOUN
ftr-297	250	52	would	would	AUX
ftr-297	250	53	result	result	VERB
ftr-297	250	54	to	to	ADP
ftr-297	250	55	the	the	DET
ftr-297	250	56	partnership	partnership	NOUN
ftr-297	250	57	from	from	ADP
ftr-297	250	58	continuing	continue	VERB
ftr-297	250	59	under	under	ADP
ftr-297	250	60	the	the	DET
ftr-297	250	61	election	election	NOUN
ftr-297	250	62	.	.	PUNCT
ftr-297	251	1	an	an	DET
ftr-297	251	2	application	application	NOUN
ftr-297	251	3	for	for	ADP
ftr-297	251	4	revocation	revocation	NOUN
ftr-297	251	5	will	will	AUX
ftr-297	251	6	not	not	PART
ftr-297	251	7	be	be	AUX
ftr-297	251	8	approved	approve	VERB
ftr-297	251	9	if	if	SCONJ
ftr-297	251	10	the	the	DET
ftr-297	251	11	purpose	purpose	NOUN
ftr-297	251	12	is	be	AUX
ftr-297	251	13	to	to	PART
ftr-297	251	14	avoid	avoid	VERB
ftr-297	251	15	reducing	reduce	VERB
ftr-297	251	16	the	the	DET
ftr-297	251	17	basis	basis	NOUN
ftr-297	251	18	of	of	ADP
ftr-297	251	19	partnership	partnership	NOUN
ftr-297	251	20	assets	asset	NOUN
ftr-297	251	21	.	.	PUNCT
ftr-297	252	1	see	see	VERB
ftr-297	252	2	reg	reg	NOUN
ftr-297	252	3	.	.	PUNCT
ftr-297	253	1	§	§	PROPN
ftr-297	253	2	1.754l(c)(1	1.754l(c)(1	NUM
ftr-297	253	3	)	)	PUNCT
ftr-297	253	4	.	.	PUNCT
ftr-297	254	1	23	23	NUM
ftr-297	254	2	.	.	PUNCT
ftr-297	254	3	i.r.c	i.r.c	NOUN
ftr-297	254	4	.	.	PUNCT
ftr-297	255	1	§	§	PROPN
ftr-297	255	2	§	§	PROPN
ftr-297	255	3	741	741	NUM
ftr-297	255	4	,	,	PUNCT
ftr-297	255	5	75	75	NUM
ftr-297	255	6	1(a	1(a	NUM
ftr-297	255	7	)	)	PUNCT
ftr-297	255	8	.	.	PUNCT
ftr-297	256	1	24	24	NUM
ftr-297	256	2	.	.	PUNCT
ftr-297	257	1	reg	reg	NOUN
ftr-297	257	2	.	.	PUNCT
ftr-297	258	1	§	§	PROPN
ftr-297	258	2	1.743	1.743	NUM
ftr-297	258	3	-	-	SYM
ftr-297	258	4	1(b	1(b	NUM
ftr-297	258	5	)	)	PUNCT
ftr-297	258	6	.	.	PUNCT
ftr-297	259	1	25	25	NUM
ftr-297	259	2	.	.	PUNCT
ftr-297	260	1	reg	reg	NOUN
ftr-297	260	2	.	.	PUNCT
ftr-297	261	1	§	§	PROPN
ftr-297	261	2	1.743	1.743	NUM
ftr-297	261	3	-	-	SYM
ftr-297	261	4	1(c	1(c	NUM
ftr-297	261	5	)	)	PUNCT
ftr-297	261	6	.	.	PUNCT
ftr-297	262	1	26	26	NUM
ftr-297	262	2	.	.	PUNCT
ftr-297	263	1	reg	reg	NOUN
ftr-297	263	2	.	.	PUNCT
ftr-297	264	1	§	§	PROPN
ftr-297	264	2	1.743	1.743	NUM
ftr-297	264	3	-	-	SYM
ftr-297	264	4	1(d)(1	1(d)(1	NUM
ftr-297	264	5	)	)	PUNCT
ftr-297	264	6	.	.	PUNCT
ftr-297	265	1	27	27	NUM
ftr-297	265	2	.	.	X
ftr-297	266	1	reg	reg	NOUN
ftr-297	266	2	.	.	PUNCT
ftr-297	267	1	§	§	PROPN
ftr-297	267	2	1.743	1.743	NUM
ftr-297	267	3	-	-	PUNCT
ftr-297	267	4	l(d)(2	l(d)(2	NOUN
ftr-297	267	5	)	)	PUNCT
ftr-297	267	6	.	.	PUNCT
ftr-297	268	1	28	28	NUM
ftr-297	268	2	.	.	PUNCT
ftr-297	269	1	reg	reg	NOUN
ftr-297	269	2	.	.	PUNCT
ftr-297	270	1	§	§	PROPN
ftr-297	270	2	1.743	1.743	NUM
ftr-297	270	3	-	-	SYM
ftr-297	270	4	1(d)(1)(i)-(iii	1(d)(1)(i)-(iii	NUM
ftr-297	270	5	)	)	PUNCT
ftr-297	270	6	.	.	PUNCT
ftr-297	271	1	see	see	VERB
ftr-297	271	2	also	also	ADV
ftr-297	271	3	reg	reg	VERB
ftr-297	271	4	.	.	PUNCT
ftr-297	272	1	§	§	PROPN
ftr-297	272	2	1.743	1.743	NUM
ftr-297	272	3	-	-	PUNCT
ftr-297	272	4	l(d)(3	l(d)(3	NUM
ftr-297	272	5	)	)	PUNCT
ftr-297	272	6	,	,	PUNCT
ftr-297	272	7	exs	exs	PROPN
ftr-297	272	8	.	.	PUNCT
ftr-297	273	1	(	(	PUNCT
ftr-297	273	2	1	1	NUM
ftr-297	273	3	)	)	PUNCT
ftr-297	273	4	,	,	PUNCT
ftr-297	273	5	(	(	PUNCT
ftr-297	273	6	2	2	NUM
ftr-297	273	7	)	)	PUNCT
ftr-297	273	8	.	.	PUNCT
ftr-297	274	1	116	116	NUM
ftr-297	274	2	[	[	PUNCT
ftr-297	274	3	vol	vol	NOUN
ftr-297	274	4	.	.	PUNCT
ftr-297	275	1	i15	i15	PROPN
ftr-297	275	2	:	:	PUNCT
ftr-297	275	3	3	3	NUM
ftr-297	275	4	optional	optional	ADJ
ftr-297	275	5	basis	basis	NOUN
ftr-297	275	6	adjustments	adjustment	NOUN
ftr-297	275	7	under	under	ADP
ftr-297	275	8	subchapter	subchapter	NOUN
ftr-297	275	9	k	k	PROPN
ftr-297	275	10	the	the	DET
ftr-297	275	11	further	further	ADJ
ftr-297	275	12	allocation	allocation	NOUN
ftr-297	275	13	of	of	ADP
ftr-297	275	14	the	the	DET
ftr-297	275	15	overall	overall	ADJ
ftr-297	275	16	positive	positive	ADJ
ftr-297	275	17	adjustment	adjustment	NOUN
ftr-297	275	18	to	to	ADP
ftr-297	275	19	the	the	DET
ftr-297	275	20	assets	asset	NOUN
ftr-297	275	21	of	of	ADP
ftr-297	275	22	the	the	DET
ftr-297	275	23	partnership	partnership	NOUN
ftr-297	275	24	is	be	AUX
ftr-297	275	25	dependent	dependent	ADJ
ftr-297	275	26	upon	upon	SCONJ
ftr-297	275	27	another	another	DET
ftr-297	275	28	provision	provision	NOUN
ftr-297	275	29	.	.	PUNCT
ftr-297	276	1	2	2	NUM
ftr-297	276	2	9	9	NUM
ftr-297	276	3	however	however	ADV
ftr-297	276	4	,	,	PUNCT
ftr-297	276	5	without	without	ADP
ftr-297	276	6	more	more	ADJ
ftr-297	276	7	,	,	PUNCT
ftr-297	276	8	the	the	DET
ftr-297	276	9	remedial	remedial	ADJ
ftr-297	276	10	effect	effect	NOUN
ftr-297	276	11	of	of	ADP
ftr-297	276	12	the	the	DET
ftr-297	276	13	adjustment	adjustment	NOUN
ftr-297	276	14	is	be	AUX
ftr-297	276	15	obvious	obvious	ADJ
ftr-297	276	16	.	.	PUNCT
ftr-297	277	1	upon	upon	SCONJ
ftr-297	277	2	a	a	DET
ftr-297	277	3	subsequent	subsequent	ADJ
ftr-297	277	4	sale	sale	NOUN
ftr-297	277	5	of	of	ADP
ftr-297	277	6	the	the	DET
ftr-297	277	7	partnership	partnership	NOUN
ftr-297	277	8	's	's	PART
ftr-297	277	9	assets	asset	NOUN
ftr-297	277	10	generating	generate	VERB
ftr-297	277	11	$	$	SYM
ftr-297	277	12	5,000	5,000	NUM
ftr-297	277	13	of	of	ADP
ftr-297	277	14	gain	gain	NOUN
ftr-297	277	15	attributable	attributable	ADJ
ftr-297	277	16	to	to	ADP
ftr-297	277	17	d	d	PROPN
ftr-297	277	18	,	,	PUNCT
ftr-297	277	19	the	the	DET
ftr-297	277	20	$	$	SYM
ftr-297	277	21	5,000	5,000	NUM
ftr-297	277	22	positive	positive	ADJ
ftr-297	277	23	adjustment	adjustment	NOUN
ftr-297	277	24	would	would	AUX
ftr-297	277	25	offset	offset	VERB
ftr-297	277	26	her	her	PRON
ftr-297	277	27	share	share	NOUN
ftr-297	277	28	of	of	ADP
ftr-297	277	29	the	the	DET
ftr-297	277	30	gain.30	gain.30	PROPN
ftr-297	277	31	e.	e.	PROPN
ftr-297	277	32	effect	effect	PROPN
ftr-297	277	33	of	of	ADP
ftr-297	277	34	partnership	partnership	NOUN
ftr-297	277	35	liabilities	liability	NOUN
ftr-297	277	36	a	a	DET
ftr-297	277	37	factor	factor	NOUN
ftr-297	277	38	in	in	ADP
ftr-297	277	39	determining	determine	VERB
ftr-297	277	40	the	the	DET
ftr-297	277	41	total	total	ADJ
ftr-297	277	42	basis	basis	NOUN
ftr-297	277	43	adjustment	adjustment	NOUN
ftr-297	277	44	under	under	ADP
ftr-297	277	45	section	section	NOUN
ftr-297	277	46	743(b	743(b	PROPN
ftr-297	277	47	)	)	PUNCT
ftr-297	277	48	is	be	AUX
ftr-297	277	49	the	the	DET
ftr-297	277	50	role	role	NOUN
ftr-297	277	51	of	of	ADP
ftr-297	277	52	partnership	partnership	NOUN
ftr-297	277	53	liabilities	liability	NOUN
ftr-297	277	54	.	.	PUNCT
ftr-297	278	1	the	the	DET
ftr-297	278	2	regulations	regulation	NOUN
ftr-297	278	3	provide	provide	VERB
ftr-297	278	4	that	that	SCONJ
ftr-297	278	5	the	the	DET
ftr-297	278	6	adjustment	adjustment	NOUN
ftr-297	278	7	is	be	AUX
ftr-297	278	8	determined	determine	VERB
ftr-297	278	9	by	by	ADP
ftr-297	278	10	comparing	compare	VERB
ftr-297	278	11	the	the	DET
ftr-297	278	12	purchaser	purchaser	NOUN
ftr-297	278	13	's	's	PART
ftr-297	278	14	basis	basis	NOUN
ftr-297	278	15	for	for	ADP
ftr-297	278	16	his	his	PRON
ftr-297	278	17	partnership	partnership	NOUN
ftr-297	278	18	interest	interest	NOUN
ftr-297	278	19	with	with	ADP
ftr-297	278	20	his	his	PRON
ftr-297	278	21	share	share	NOUN
ftr-297	278	22	of	of	ADP
ftr-297	278	23	previously	previously	ADV
ftr-297	278	24	taxed	tax	VERB
ftr-297	278	25	capital	capital	NOUN
ftr-297	278	26	increased	increase	VERB
ftr-297	278	27	by	by	ADP
ftr-297	278	28	his	his	PRON
ftr-297	278	29	share	share	NOUN
ftr-297	278	30	of	of	ADP
ftr-297	278	31	the	the	DET
ftr-297	278	32	partnership	partnership	NOUN
ftr-297	278	33	's	's	PART
ftr-297	278	34	liabilities.3	liabilities.3	NOUN
ftr-297	278	35	1	1	NUM
ftr-297	278	36	liabilities	liability	NOUN
ftr-297	278	37	play	play	VERB
ftr-297	278	38	a	a	DET
ftr-297	278	39	double	double	ADJ
ftr-297	278	40	role	role	NOUN
ftr-297	278	41	in	in	ADP
ftr-297	278	42	the	the	DET
ftr-297	278	43	determination	determination	NOUN
ftr-297	278	44	:	:	PUNCT
ftr-297	278	45	(	(	PUNCT
ftr-297	278	46	1	1	X
ftr-297	278	47	)	)	PUNCT
ftr-297	278	48	in	in	ADP
ftr-297	278	49	the	the	DET
ftr-297	278	50	calculation	calculation	NOUN
ftr-297	278	51	of	of	ADP
ftr-297	278	52	the	the	DET
ftr-297	278	53	basis	basis	NOUN
ftr-297	278	54	for	for	ADP
ftr-297	278	55	the	the	DET
ftr-297	278	56	transferee	transferee	PROPN
ftr-297	278	57	partner	partner	NOUN
ftr-297	278	58	's	's	PART
ftr-297	278	59	partnership	partnership	NOUN
ftr-297	278	60	interest	interest	NOUN
ftr-297	278	61	and	and	CCONJ
ftr-297	278	62	(	(	PUNCT
ftr-297	278	63	2	2	NUM
ftr-297	278	64	)	)	PUNCT
ftr-297	278	65	as	as	ADP
ftr-297	278	66	an	an	DET
ftr-297	278	67	addition	addition	NOUN
ftr-297	278	68	to	to	ADP
ftr-297	278	69	the	the	DET
ftr-297	278	70	transferee	transferee	PROPN
ftr-297	278	71	partner	partner	NOUN
ftr-297	278	72	's	's	PART
ftr-297	278	73	share	share	NOUN
ftr-297	278	74	of	of	ADP
ftr-297	278	75	previously	previously	ADV
ftr-297	278	76	taxed	tax	VERB
ftr-297	278	77	capital	capital	NOUN
ftr-297	278	78	in	in	ADP
ftr-297	278	79	arriving	arrive	VERB
ftr-297	278	80	at	at	ADP
ftr-297	278	81	the	the	DET
ftr-297	278	82	transferee	transferee	PROPN
ftr-297	278	83	partner	partner	NOUN
ftr-297	278	84	's	's	PART
ftr-297	278	85	share	share	NOUN
ftr-297	278	86	of	of	ADP
ftr-297	278	87	inside	inside	ADJ
ftr-297	278	88	basis.32	basis.32	PROPN
ftr-297	278	89	the	the	DET
ftr-297	278	90	differential	differential	NOUN
ftr-297	278	91	between	between	ADP
ftr-297	278	92	amount	amount	NOUN
ftr-297	278	93	(	(	PUNCT
ftr-297	278	94	1	1	NUM
ftr-297	278	95	)	)	PUNCT
ftr-297	278	96	and	and	CCONJ
ftr-297	278	97	amount	amount	NOUN
ftr-297	278	98	(	(	PUNCT
ftr-297	278	99	2	2	X
ftr-297	278	100	)	)	PUNCT
ftr-297	278	101	constitutes	constitute	VERB
ftr-297	278	102	the	the	DET
ftr-297	278	103	amount	amount	NOUN
ftr-297	278	104	of	of	ADP
ftr-297	278	105	the	the	DET
ftr-297	278	106	basis	basis	NOUN
ftr-297	278	107	adjustment	adjustment	NOUN
ftr-297	278	108	.	.	PUNCT
ftr-297	279	1	while	while	SCONJ
ftr-297	279	2	the	the	DET
ftr-297	279	3	section	section	NOUN
ftr-297	279	4	752	752	NUM
ftr-297	279	5	regulations	regulation	NOUN
ftr-297	279	6	govern	govern	VERB
ftr-297	279	7	liability	liability	NOUN
ftr-297	279	8	allocations	allocation	NOUN
ftr-297	279	9	,	,	PUNCT
ftr-297	279	10	the	the	DET
ftr-297	279	11	determination	determination	NOUN
ftr-297	279	12	of	of	ADP
ftr-297	279	13	a	a	DET
ftr-297	279	14	transferee	transferee	NOUN
ftr-297	279	15	's	's	PART
ftr-297	279	16	share	share	NOUN
ftr-297	279	17	of	of	ADP
ftr-297	279	18	previously	previously	ADV
ftr-297	279	19	taxed	tax	VERB
ftr-297	279	20	capital	capital	NOUN
ftr-297	279	21	utilizes	utilize	VERB
ftr-297	279	22	a	a	DET
ftr-297	279	23	fictional	fictional	ADJ
ftr-297	279	24	sale	sale	NOUN
ftr-297	279	25	of	of	ADP
ftr-297	279	26	all	all	PRON
ftr-297	279	27	of	of	ADP
ftr-297	279	28	the	the	DET
ftr-297	279	29	partnership	partnership	NOUN
ftr-297	279	30	's	's	PART
ftr-297	279	31	assets	asset	NOUN
ftr-297	279	32	for	for	ADP
ftr-297	279	33	cash	cash	NOUN
ftr-297	279	34	.	.	PUNCT
ftr-297	280	1	3	3	NUM
ftr-297	280	2	the	the	DET
ftr-297	280	3	formula	formula	NOUN
ftr-297	280	4	thereunder	thereunder	NOUN
ftr-297	280	5	backs	back	VERB
ftr-297	280	6	out	out	ADP
ftr-297	280	7	the	the	DET
ftr-297	280	8	gain	gain	NOUN
ftr-297	280	9	or	or	CCONJ
ftr-297	280	10	loss	loss	NOUN
ftr-297	280	11	from	from	ADP
ftr-297	280	12	such	such	DET
ftr-297	280	13	a	a	DET
ftr-297	280	14	sale	sale	NOUN
ftr-297	280	15	and	and	CCONJ
ftr-297	280	16	the	the	DET
ftr-297	280	17	amount	amount	NOUN
ftr-297	280	18	remaining	remain	VERB
ftr-297	280	19	is	be	AUX
ftr-297	280	20	the	the	DET
ftr-297	280	21	partner	partner	NOUN
ftr-297	280	22	's	's	PART
ftr-297	280	23	share	share	NOUN
ftr-297	280	24	of	of	ADP
ftr-297	280	25	previously	previously	ADV
ftr-297	280	26	taxed	tax	VERB
ftr-297	280	27	capital	capital	NOUN
ftr-297	280	28	.	.	PUNCT
ftr-297	281	1	previously	previously	ADV
ftr-297	281	2	taxed	tax	VERB
ftr-297	281	3	capital	capital	NOUN
ftr-297	281	4	is	be	AUX
ftr-297	281	5	increased	increase	VERB
ftr-297	281	6	by	by	ADP
ftr-297	281	7	the	the	DET
ftr-297	281	8	transferee	transferee	NOUN
ftr-297	281	9	's	's	PART
ftr-297	281	10	share	share	NOUN
ftr-297	281	11	of	of	ADP
ftr-297	281	12	the	the	DET
ftr-297	281	13	partnership	partnership	NOUN
ftr-297	281	14	's	's	PART
ftr-297	281	15	liabilities	liability	NOUN
ftr-297	281	16	to	to	PART
ftr-297	281	17	determine	determine	VERB
ftr-297	281	18	the	the	DET
ftr-297	281	19	transferee	transferee	NOUN
ftr-297	281	20	's	's	PART
ftr-297	281	21	share	share	NOUN
ftr-297	281	22	of	of	ADP
ftr-297	281	23	inside	inside	ADJ
ftr-297	281	24	basis.34	basis.34	NOUN
ftr-297	281	25	the	the	DET
ftr-297	281	26	resulting	result	VERB
ftr-297	281	27	amount	amount	NOUN
ftr-297	281	28	is	be	AUX
ftr-297	281	29	compared	compare	VERB
ftr-297	281	30	with	with	ADP
ftr-297	281	31	the	the	DET
ftr-297	281	32	transferee	transferee	NOUN
ftr-297	281	33	's	's	PART
ftr-297	281	34	basis	basis	NOUN
ftr-297	281	35	for	for	ADP
ftr-297	281	36	his	his	PRON
ftr-297	281	37	acquired	acquire	VERB
ftr-297	281	38	partnership	partnership	NOUN
ftr-297	281	39	interest	interest	NOUN
ftr-297	281	40	.	.	PUNCT
ftr-297	282	1	the	the	DET
ftr-297	282	2	difference	difference	NOUN
ftr-297	282	3	is	be	AUX
ftr-297	282	4	the	the	DET
ftr-297	282	5	overall	overall	ADJ
ftr-297	282	6	section	section	NOUN
ftr-297	282	7	743(b	743(b	PROPN
ftr-297	282	8	)	)	PUNCT
ftr-297	282	9	adjustment	adjustment	NOUN
ftr-297	282	10	,	,	PUNCT
ftr-297	282	11	which	which	PRON
ftr-297	282	12	may	may	AUX
ftr-297	282	13	be	be	AUX
ftr-297	282	14	positive	positive	ADJ
ftr-297	282	15	or	or	CCONJ
ftr-297	282	16	negative	negative	ADJ
ftr-297	282	17	.	.	PUNCT
ftr-297	283	1	for	for	ADP
ftr-297	283	2	example	example	NOUN
ftr-297	283	3	,	,	PUNCT
ftr-297	283	4	assume	assume	VERB
ftr-297	283	5	the	the	DET
ftr-297	283	6	following	follow	VERB
ftr-297	283	7	balance	balance	NOUN
ftr-297	283	8	sheet	sheet	NOUN
ftr-297	283	9	for	for	ADP
ftr-297	283	10	partnership	partnership	NOUN
ftr-297	283	11	abc	abc	PROPN
ftr-297	283	12	with	with	ADP
ftr-297	283	13	$	$	SYM
ftr-297	283	14	3,000	3,000	NUM
ftr-297	283	15	of	of	ADP
ftr-297	283	16	recourse	recourse	NOUN
ftr-297	283	17	liabilities	liability	NOUN
ftr-297	283	18	:	:	PUNCT
ftr-297	283	19	35	35	NUM
ftr-297	283	20	29	29	NUM
ftr-297	283	21	.	.	PUNCT
ftr-297	284	1	i.r.c	i.r.c	NOUN
ftr-297	284	2	.	.	PUNCT
ftr-297	285	1	§	§	PROPN
ftr-297	285	2	755	755	NUM
ftr-297	285	3	;	;	PUNCT
ftr-297	285	4	reg	reg	NOUN
ftr-297	285	5	.	.	PUNCT
ftr-297	286	1	§	§	PROPN
ftr-297	286	2	§	§	PROPN
ftr-297	286	3	1.743	1.743	NUM
ftr-297	286	4	-	-	SYM
ftr-297	286	5	1(e	1(e	NUM
ftr-297	286	6	)	)	PUNCT
ftr-297	286	7	,	,	PUNCT
ftr-297	286	8	1.755	1.755	NUM
ftr-297	286	9	-	-	SYM
ftr-297	286	10	1	1	NUM
ftr-297	286	11	.	.	NOUN
ftr-297	286	12	30	30	NUM
ftr-297	286	13	.	.	PUNCT
ftr-297	287	1	gain	gain	NOUN
ftr-297	287	2	or	or	CCONJ
ftr-297	287	3	loss	loss	NOUN
ftr-297	287	4	is	be	AUX
ftr-297	287	5	determined	determine	VERB
ftr-297	287	6	under	under	ADP
ftr-297	287	7	section	section	NOUN
ftr-297	287	8	702	702	NUM
ftr-297	287	9	for	for	ADP
ftr-297	287	10	all	all	DET
ftr-297	287	11	partners	partner	NOUN
ftr-297	287	12	.	.	PUNCT
ftr-297	288	1	thereafter	thereafter	ADV
ftr-297	288	2	,	,	PUNCT
ftr-297	288	3	the	the	DET
ftr-297	288	4	effects	effect	NOUN
ftr-297	288	5	for	for	ADP
ftr-297	288	6	the	the	DET
ftr-297	288	7	transferee	transferee	PROPN
ftr-297	288	8	partner	partner	NOUN
ftr-297	288	9	are	be	AUX
ftr-297	288	10	offset	offset	VERB
ftr-297	288	11	by	by	ADP
ftr-297	288	12	the	the	DET
ftr-297	288	13	section	section	NOUN
ftr-297	288	14	743(b	743(b	PROPN
ftr-297	288	15	)	)	PUNCT
ftr-297	288	16	adjustment	adjustment	NOUN
ftr-297	288	17	.	.	PUNCT
ftr-297	289	1	see	see	VERB
ftr-297	289	2	reg	reg	NOUN
ftr-297	289	3	.	.	PUNCT
ftr-297	290	1	§	§	PROPN
ftr-297	290	2	1.743	1.743	NUM
ftr-297	290	3	-	-	SYM
ftr-297	290	4	1(j	1(j	NUM
ftr-297	290	5	)	)	PUNCT
ftr-297	290	6	.	.	PUNCT
ftr-297	291	1	31	31	NUM
ftr-297	291	2	.	.	PUNCT
ftr-297	292	1	reg	reg	NOUN
ftr-297	292	2	.	.	PUNCT
ftr-297	293	1	§	§	PROPN
ftr-297	293	2	1.743	1.743	NUM
ftr-297	293	3	-	-	SYM
ftr-297	293	4	1(d)(1	1(d)(1	NUM
ftr-297	293	5	)	)	PUNCT
ftr-297	293	6	.	.	PUNCT
ftr-297	294	1	32	32	NUM
ftr-297	294	2	.	.	PUNCT
ftr-297	295	1	see	see	VERB
ftr-297	295	2	reg	reg	NOUN
ftr-297	295	3	.	.	PUNCT
ftr-297	296	1	§	§	PROPN
ftr-297	296	2	1.743	1.743	NUM
ftr-297	296	3	-	-	NUM
ftr-297	296	4	1(d)(3	1(d)(3	NUM
ftr-297	296	5	)	)	PUNCT
ftr-297	296	6	,	,	PUNCT
ftr-297	296	7	ex	ex	X
ftr-297	296	8	.	.	PUNCT
ftr-297	296	9	(	(	PUNCT
ftr-297	296	10	1	1	NUM
ftr-297	296	11	)	)	PUNCT
ftr-297	296	12	.	.	PUNCT
ftr-297	297	1	a	a	DET
ftr-297	297	2	partner	partner	NOUN
ftr-297	297	3	's	's	PART
ftr-297	297	4	share	share	NOUN
ftr-297	297	5	of	of	ADP
ftr-297	297	6	liabilities	liability	NOUN
ftr-297	297	7	is	be	AUX
ftr-297	297	8	determined	determine	VERB
ftr-297	297	9	under	under	ADP
ftr-297	297	10	section	section	NOUN
ftr-297	297	11	752	752	NUM
ftr-297	297	12	and	and	CCONJ
ftr-297	297	13	its	its	PRON
ftr-297	297	14	attendant	attendant	ADJ
ftr-297	297	15	regulations	regulation	NOUN
ftr-297	297	16	.	.	PUNCT
ftr-297	298	1	33	33	NUM
ftr-297	298	2	.	.	PUNCT
ftr-297	299	1	reg	reg	PROPN
ftr-297	299	2	.	.	PUNCT
ftr-297	300	1	§	§	PROPN
ftr-297	300	2	1.743	1.743	NUM
ftr-297	300	3	-	-	PUNCT
ftr-297	300	4	l(d)(2	l(d)(2	NOUN
ftr-297	300	5	)	)	PUNCT
ftr-297	300	6	.	.	PUNCT
ftr-297	301	1	34	34	NUM
ftr-297	301	2	.	.	PUNCT
ftr-297	302	1	as	as	SCONJ
ftr-297	302	2	the	the	DET
ftr-297	302	3	focus	focus	NOUN
ftr-297	302	4	is	be	AUX
ftr-297	302	5	on	on	ADP
ftr-297	302	6	the	the	DET
ftr-297	302	7	transferee	transferee	NOUN
ftr-297	302	8	's	's	PART
ftr-297	302	9	share	share	NOUN
ftr-297	302	10	of	of	ADP
ftr-297	302	11	income	income	NOUN
ftr-297	302	12	or	or	CCONJ
ftr-297	302	13	loss	loss	NOUN
ftr-297	302	14	,	,	PUNCT
ftr-297	302	15	allocable	allocable	ADJ
ftr-297	302	16	amounts	amount	NOUN
ftr-297	302	17	under	under	ADP
ftr-297	302	18	section	section	NOUN
ftr-297	302	19	704(b	704(b	PROPN
ftr-297	302	20	)	)	PUNCT
ftr-297	302	21	special	special	ADJ
ftr-297	302	22	allocations	allocation	NOUN
ftr-297	302	23	and	and	CCONJ
ftr-297	302	24	section	section	NOUN
ftr-297	302	25	704(c	704(c	PROPN
ftr-297	302	26	)	)	PUNCT
ftr-297	302	27	allocations	allocation	NOUN
ftr-297	302	28	of	of	ADP
ftr-297	302	29	pre	pre	ADJ
ftr-297	302	30	-	-	ADJ
ftr-297	302	31	contribution	contribution	ADJ
ftr-297	302	32	gain	gain	NOUN
ftr-297	302	33	or	or	CCONJ
ftr-297	302	34	loss	loss	NOUN
ftr-297	302	35	are	be	AUX
ftr-297	302	36	taken	take	VERB
ftr-297	302	37	into	into	ADP
ftr-297	302	38	account	account	NOUN
ftr-297	302	39	.	.	PUNCT
ftr-297	303	1	35	35	NUM
ftr-297	303	2	.	.	PUNCT
ftr-297	304	1	reg	reg	NOUN
ftr-297	304	2	.	.	PUNCT
ftr-297	305	1	§	§	PROPN
ftr-297	305	2	§	§	PROPN
ftr-297	305	3	1.743	1.743	NUM
ftr-297	305	4	-	-	NUM
ftr-297	305	5	1(d)(3	1(d)(3	NUM
ftr-297	305	6	)	)	PUNCT
ftr-297	305	7	,	,	PUNCT
ftr-297	305	8	ex	ex	X
ftr-297	305	9	.	.	PUNCT
ftr-297	305	10	(	(	PUNCT
ftr-297	305	11	1	1	NUM
ftr-297	305	12	)	)	PUNCT
ftr-297	305	13	,	,	PUNCT
ftr-297	305	14	1.743	1.743	NUM
ftr-297	305	15	-	-	SYM
ftr-297	305	16	1(d)(1)(i)-(iii	1(d)(1)(i)-(iii	NUM
ftr-297	305	17	)	)	PUNCT
ftr-297	305	18	.	.	PUNCT
ftr-297	306	1	2014	2014	NUM
ftr-297	306	2	]	]	PUNCT
ftr-297	306	3	117	117	NUM
ftr-297	306	4	florida	florida	PROPN
ftr-297	306	5	tax	tax	NOUN
ftr-297	306	6	review	review	NOUN
ftr-297	306	7	assets	asset	NOUN
ftr-297	306	8	:	:	PUNCT
ftr-297	306	9	adjusted	adjust	VERB
ftr-297	306	10	fair	fair	ADJ
ftr-297	306	11	capital	capital	NOUN
ftr-297	306	12	:	:	PUNCT
ftr-297	306	13	adjusted	adjust	VERB
ftr-297	306	14	fair	fair	ADJ
ftr-297	306	15	basis	basis	NOUN
ftr-297	306	16	market	market	NOUN
ftr-297	306	17	basis	basis	NOUN
ftr-297	306	18	market	market	NOUN
ftr-297	306	19	value	value	NOUN
ftr-297	306	20	value	value	NOUN
ftr-297	306	21	cash	cash	NOUN
ftr-297	306	22	$	$	SYM
ftr-297	306	23	3,000	3,000	NUM
ftr-297	306	24	$	$	SYM
ftr-297	306	25	3,000	3,000	NUM
ftr-297	306	26	a	a	DET
ftr-297	306	27	$	$	SYM
ftr-297	306	28	6,000	6,000	NUM
ftr-297	306	29	$	$	SYM
ftr-297	306	30	11,000	11,000	NUM
ftr-297	306	31	inventory	inventory	NOUN
ftr-297	306	32	9,000	9,000	NUM
ftr-297	306	33	18,000	18,000	NUM
ftr-297	306	34	b	b	NOUN
ftr-297	306	35	6,000	6,000	NUM
ftr-297	306	36	11,000	11,000	NUM
ftr-297	306	37	other	other	ADJ
ftr-297	306	38	assets	asset	NOUN
ftr-297	306	39	_	_	PUNCT
ftr-297	306	40	6,00	6,00	NUM
ftr-297	307	1	1	1	NUM
ftr-297	307	2	c	c	X
ftr-297	307	3	_	_	PUNCT
ftr-297	307	4	6,00	6,00	NOUN
ftr-297	307	5	1	1	NUM
ftr-297	307	6	total	total	NOUN
ftr-297	307	7	$	$	SYM
ftr-297	307	8	18,000	18,000	NUM
ftr-297	307	9	$	$	SYM
ftr-297	307	10	33,000	33,000	NUM
ftr-297	307	11	total	total	ADJ
ftr-297	307	12	$	$	SYM
ftr-297	307	13	18,000	18,000	NUM
ftr-297	307	14	$	$	SYM
ftr-297	307	15	33,000	33,000	NUM
ftr-297	307	16	assume	assume	VERB
ftr-297	307	17	that	that	SCONJ
ftr-297	307	18	a	a	PRON
ftr-297	307	19	sells	sell	VERB
ftr-297	307	20	her	her	PRON
ftr-297	307	21	interest	interest	NOUN
ftr-297	307	22	to	to	ADP
ftr-297	307	23	d	d	PROPN
ftr-297	307	24	for	for	ADP
ftr-297	307	25	$	$	SYM
ftr-297	307	26	11,000	11,000	NUM
ftr-297	307	27	,	,	PUNCT
ftr-297	307	28	i.e.	i.e.	X
ftr-297	307	29	,	,	PUNCT
ftr-297	307	30	$	$	SYM
ftr-297	307	31	10,000	10,000	NUM
ftr-297	307	32	plus	plus	NOUN
ftr-297	307	33	of	of	ADP
ftr-297	307	34	her	her	PRON
ftr-297	307	35	share	share	NOUN
ftr-297	307	36	of	of	ADP
ftr-297	307	37	partnership	partnership	NOUN
ftr-297	307	38	liabilities	liability	NOUN
ftr-297	307	39	,	,	PUNCT
ftr-297	307	40	$	$	SYM
ftr-297	307	41	1,000.36	1,000.36	NUM
ftr-297	307	42	d	d	NOUN
ftr-297	307	43	's	's	PART
ftr-297	307	44	basis	basis	NOUN
ftr-297	307	45	for	for	ADP
ftr-297	307	46	the	the	DET
ftr-297	307	47	acquired	acquire	VERB
ftr-297	307	48	partnership	partnership	NOUN
ftr-297	307	49	interest	interest	NOUN
ftr-297	307	50	is	be	AUX
ftr-297	307	51	his	his	PRON
ftr-297	307	52	$	$	SYM
ftr-297	307	53	11,000	11,000	NUM
ftr-297	307	54	purchase	purchase	NOUN
ftr-297	307	55	price	price	NOUN
ftr-297	307	56	(	(	PUNCT
ftr-297	307	57	$	$	SYM
ftr-297	307	58	10,000	10,000	NUM
ftr-297	307	59	cash	cash	NOUN
ftr-297	307	60	and	and	CCONJ
ftr-297	307	61	$	$	SYM
ftr-297	307	62	1,000	1,000	NUM
ftr-297	307	63	share	share	NOUN
ftr-297	307	64	of	of	ADP
ftr-297	307	65	liabilities	liability	NOUN
ftr-297	307	66	)	)	PUNCT
ftr-297	307	67	.	.	PUNCT
ftr-297	308	1	d	d	NOUN
ftr-297	308	2	's	's	PART
ftr-297	308	3	share	share	NOUN
ftr-297	308	4	of	of	ADP
ftr-297	308	5	previously	previously	ADV
ftr-297	308	6	taxed	tax	VERB
ftr-297	308	7	capital	capital	NOUN
ftr-297	308	8	is	be	AUX
ftr-297	308	9	cash	cash	NOUN
ftr-297	308	10	on	on	ADP
ftr-297	308	11	liquidation	liquidation	NOUN
ftr-297	308	12	after	after	ADP
ftr-297	308	13	taking	take	VERB
ftr-297	308	14	liabilities	liability	NOUN
ftr-297	308	15	into	into	ADP
ftr-297	308	16	account	account	NOUN
ftr-297	308	17	(	(	PUNCT
ftr-297	308	18	$	$	SYM
ftr-297	308	19	10,000	10,000	NUM
ftr-297	308	20	)	)	PUNCT
ftr-297	308	21	decreased	decrease	VERB
ftr-297	308	22	by	by	ADP
ftr-297	308	23	his	his	PRON
ftr-297	308	24	share	share	NOUN
ftr-297	308	25	of	of	ADP
ftr-297	308	26	gain	gain	NOUN
ftr-297	308	27	(	(	PUNCT
ftr-297	308	28	$	$	SYM
ftr-297	308	29	5,000	5,000	NUM
ftr-297	308	30	)	)	PUNCT
ftr-297	308	31	which	which	PRON
ftr-297	308	32	totals	total	VERB
ftr-297	308	33	$	$	SYM
ftr-297	308	34	5,000	5,000	NUM
ftr-297	308	35	,	,	PUNCT
ftr-297	308	36	further	far	ADV
ftr-297	308	37	increased	increase	VERB
ftr-297	308	38	by	by	ADP
ftr-297	308	39	his	his	PRON
ftr-297	308	40	share	share	NOUN
ftr-297	308	41	of	of	ADP
ftr-297	308	42	the	the	DET
ftr-297	308	43	partnership	partnership	NOUN
ftr-297	308	44	's	's	PART
ftr-297	308	45	liabilities	liability	NOUN
ftr-297	308	46	(	(	PUNCT
ftr-297	308	47	$	$	SYM
ftr-297	308	48	1,000	1,000	NUM
ftr-297	308	49	)	)	PUNCT
ftr-297	308	50	,	,	PUNCT
ftr-297	308	51	i.e	i.e	PRON
ftr-297	308	52	,	,	PUNCT
ftr-297	308	53	$	$	SYM
ftr-297	308	54	6,000	6,000	NUM
ftr-297	308	55	.	.	PUNCT
ftr-297	309	1	the	the	DET
ftr-297	309	2	comparison	comparison	NOUN
ftr-297	309	3	yields	yield	VERB
ftr-297	309	4	a	a	DET
ftr-297	309	5	positive	positive	ADJ
ftr-297	309	6	section	section	NOUN
ftr-297	309	7	743(b	743(b	NOUN
ftr-297	309	8	)	)	PUNCT
ftr-297	309	9	basis	basis	NOUN
ftr-297	309	10	adjustment	adjustment	NOUN
ftr-297	309	11	of	of	ADP
ftr-297	309	12	$	$	SYM
ftr-297	309	13	5,000	5,000	NUM
ftr-297	309	14	.	.	PUNCT
ftr-297	310	1	f.	f.	PROPN
ftr-297	310	2	section	section	PROPN
ftr-297	310	3	704(c	704(c	PROPN
ftr-297	310	4	)	)	PUNCT
ftr-297	310	5	allocation	allocation	NOUN
ftr-297	310	6	for	for	ADP
ftr-297	310	7	contributed	contribute	VERB
ftr-297	310	8	property	property	NOUN
ftr-297	310	9	income	income	NOUN
ftr-297	310	10	,	,	PUNCT
ftr-297	310	11	gain	gain	NOUN
ftr-297	310	12	,	,	PUNCT
ftr-297	310	13	loss	loss	NOUN
ftr-297	310	14	,	,	PUNCT
ftr-297	310	15	and	and	CCONJ
ftr-297	310	16	deduction	deduction	NOUN
ftr-297	310	17	with	with	ADP
ftr-297	310	18	respect	respect	NOUN
ftr-297	310	19	to	to	ADP
ftr-297	310	20	contributed	contribute	VERB
ftr-297	310	21	property	property	NOUN
ftr-297	310	22	must	must	AUX
ftr-297	310	23	be	be	AUX
ftr-297	310	24	allocated	allocate	VERB
ftr-297	310	25	in	in	ADP
ftr-297	310	26	such	such	DET
ftr-297	310	27	a	a	DET
ftr-297	310	28	manner	manner	NOUN
ftr-297	310	29	as	as	ADP
ftr-297	310	30	to	to	PART
ftr-297	310	31	attribute	attribute	VERB
ftr-297	310	32	to	to	ADP
ftr-297	310	33	the	the	DET
ftr-297	310	34	contributing	contribute	VERB
ftr-297	310	35	partner	partner	NOUN
ftr-297	310	36	the	the	DET
ftr-297	310	37	tax	tax	NOUN
ftr-297	310	38	consequences	consequence	NOUN
ftr-297	310	39	of	of	ADP
ftr-297	310	40	any	any	DET
ftr-297	310	41	pre	pre	ADJ
ftr-297	310	42	-	-	NOUN
ftr-297	310	43	contribution	contribution	NOUN
ftr-297	310	44	appreciation	appreciation	NOUN
ftr-297	310	45	or	or	CCONJ
ftr-297	310	46	depreciation	depreciation	NOUN
ftr-297	310	47	in	in	ADP
ftr-297	310	48	the	the	DET
ftr-297	310	49	property.3	property.3	PROPN
ftr-297	310	50	'	'	PUNCT
ftr-297	310	51	the	the	DET
ftr-297	310	52	regulations	regulation	NOUN
ftr-297	310	53	provide	provide	VERB
ftr-297	310	54	that	that	DET
ftr-297	310	55	section	section	NOUN
ftr-297	310	56	704(c	704(c	PROPN
ftr-297	310	57	)	)	PUNCT
ftr-297	310	58	,	,	PUNCT
ftr-297	310	59	including	include	VERB
ftr-297	310	60	remedial	remedial	ADJ
ftr-297	310	61	allocations	allocation	NOUN
ftr-297	310	62	,	,	PUNCT
ftr-297	310	63	is	be	AUX
ftr-297	310	64	to	to	PART
ftr-297	310	65	be	be	AUX
ftr-297	310	66	taken	take	VERB
ftr-297	310	67	into	into	ADP
ftr-297	310	68	account	account	NOUN
ftr-297	310	69	in	in	ADP
ftr-297	310	70	determining	determine	VERB
ftr-297	310	71	a	a	DET
ftr-297	310	72	transferee	transferee	NOUN
ftr-297	310	73	partner	partner	NOUN
ftr-297	310	74	's	's	PART
ftr-297	310	75	share	share	NOUN
ftr-297	310	76	of	of	ADP
ftr-297	310	77	previously	previously	ADV
ftr-297	310	78	taxed	tax	VERB
ftr-297	310	79	capital.38	capital.38	NOUN
ftr-297	310	80	in	in	ADP
ftr-297	310	81	determining	determine	VERB
ftr-297	310	82	the	the	DET
ftr-297	310	83	section	section	NOUN
ftr-297	310	84	743(b	743(b	NOUN
ftr-297	310	85	)	)	PUNCT
ftr-297	310	86	basis	basis	NOUN
ftr-297	310	87	adjustment	adjustment	NOUN
ftr-297	310	88	,	,	PUNCT
ftr-297	310	89	if	if	SCONJ
ftr-297	310	90	an	an	DET
ftr-297	310	91	election	election	NOUN
ftr-297	310	92	is	be	AUX
ftr-297	310	93	in	in	ADP
ftr-297	310	94	effect	effect	NOUN
ftr-297	310	95	,	,	PUNCT
ftr-297	310	96	the	the	DET
ftr-297	310	97	focus	focus	NOUN
ftr-297	310	98	is	be	AUX
ftr-297	310	99	on	on	ADP
ftr-297	310	100	a	a	DET
ftr-297	310	101	determination	determination	NOUN
ftr-297	310	102	of	of	ADP
ftr-297	310	103	the	the	DET
ftr-297	310	104	transferee	transferee	PROPN
ftr-297	310	105	partner	partner	NOUN
ftr-297	310	106	's	's	PART
ftr-297	310	107	interest	interest	NOUN
ftr-297	310	108	in	in	ADP
ftr-297	310	109	previously	previously	ADV
ftr-297	310	110	taxed	tax	VERB
ftr-297	310	111	capital	capital	NOUN
ftr-297	310	112	,	,	PUNCT
ftr-297	310	113	which	which	PRON
ftr-297	310	114	equals	equal	VERB
ftr-297	310	115	the	the	DET
ftr-297	310	116	liquidation	liquidation	NOUN
ftr-297	310	117	value	value	NOUN
ftr-297	310	118	of	of	ADP
ftr-297	310	119	the	the	DET
ftr-297	310	120	interest	interest	NOUN
ftr-297	310	121	increased	increase	VERB
ftr-297	310	122	by	by	ADP
ftr-297	310	123	the	the	DET
ftr-297	310	124	taxable	taxable	ADJ
ftr-297	310	125	loss	loss	NOUN
ftr-297	310	126	and	and	CCONJ
ftr-297	310	127	decreased	decrease	VERB
ftr-297	310	128	by	by	ADP
ftr-297	310	129	the	the	DET
ftr-297	310	130	taxable	taxable	ADJ
ftr-297	310	131	gain	gain	NOUN
ftr-297	310	132	attributable	attributable	ADJ
ftr-297	310	133	to	to	ADP
ftr-297	310	134	that	that	DET
ftr-297	310	135	interest	interest	NOUN
ftr-297	310	136	upon	upon	SCONJ
ftr-297	310	137	a	a	DET
ftr-297	310	138	hypothetical	hypothetical	ADJ
ftr-297	310	139	sale	sale	NOUN
ftr-297	310	140	of	of	ADP
ftr-297	310	141	the	the	DET
ftr-297	310	142	partnership	partnership	NOUN
ftr-297	310	143	's	's	PART
ftr-297	310	144	assets	asset	NOUN
ftr-297	310	145	.	.	PUNCT
ftr-297	311	1	the	the	DET
ftr-297	311	2	gain	gain	NOUN
ftr-297	311	3	attributable	attributable	ADJ
ftr-297	311	4	to	to	ADP
ftr-297	311	5	an	an	DET
ftr-297	311	6	interest	interest	NOUN
ftr-297	311	7	is	be	AUX
ftr-297	311	8	determined	determine	VERB
ftr-297	311	9	by	by	ADP
ftr-297	311	10	taking	take	VERB
ftr-297	311	11	section	section	NOUN
ftr-297	311	12	704(c	704(c	PROPN
ftr-297	311	13	)	)	PUNCT
ftr-297	311	14	into	into	ADP
ftr-297	311	15	account.39	account.39	NOUN
ftr-297	311	16	once	once	ADV
ftr-297	311	17	determined	determine	VERB
ftr-297	311	18	,	,	PUNCT
ftr-297	311	19	assuming	assume	VERB
ftr-297	311	20	the	the	DET
ftr-297	311	21	absence	absence	NOUN
ftr-297	311	22	of	of	ADP
ftr-297	311	23	partnership	partnership	NOUN
ftr-297	311	24	liabilities	liability	NOUN
ftr-297	311	25	,	,	PUNCT
ftr-297	311	26	36	36	NUM
ftr-297	311	27	.	.	PUNCT
ftr-297	312	1	see	see	VERB
ftr-297	312	2	i.r.c	i.r.c	NOUN
ftr-297	312	3	.	.	PUNCT
ftr-297	313	1	§	§	PROPN
ftr-297	313	2	752(d	752(d	PROPN
ftr-297	313	3	)	)	PUNCT
ftr-297	313	4	.	.	PUNCT
ftr-297	314	1	37	37	NUM
ftr-297	314	2	.	.	PUNCT
ftr-297	314	3	i.r.c	i.r.c	NOUN
ftr-297	314	4	.	.	PUNCT
ftr-297	315	1	§	§	PROPN
ftr-297	315	2	704(c	704(c	PROPN
ftr-297	315	3	)	)	PUNCT
ftr-297	315	4	.	.	PUNCT
ftr-297	316	1	38	38	NUM
ftr-297	316	2	.	.	PUNCT
ftr-297	317	1	reg	reg	NOUN
ftr-297	317	2	.	.	PUNCT
ftr-297	318	1	§	§	PROPN
ftr-297	318	2	§	§	PROPN
ftr-297	318	3	1.743	1.743	NUM
ftr-297	318	4	-	-	SYM
ftr-297	318	5	1(d)(1)(ii	1(d)(1)(ii	NUM
ftr-297	318	6	)	)	PUNCT
ftr-297	318	7	,	,	PUNCT
ftr-297	318	8	1.743	1.743	NUM
ftr-297	318	9	-	-	SYM
ftr-297	318	10	l(d)(1)(iii	l(d)(1)(iii	NOUN
ftr-297	318	11	)	)	PUNCT
ftr-297	318	12	.	.	PUNCT
ftr-297	319	1	see	see	VERB
ftr-297	319	2	also	also	ADV
ftr-297	319	3	reg	reg	VERB
ftr-297	319	4	.	.	PUNCT
ftr-297	320	1	§	§	PROPN
ftr-297	320	2	§	§	PROPN
ftr-297	320	3	1.7043(a)(6)(ii	1.7043(a)(6)(ii	NUM
ftr-297	320	4	)	)	PUNCT
ftr-297	320	5	,	,	PUNCT
ftr-297	320	6	1.704	1.704	NUM
ftr-297	320	7	-	-	SYM
ftr-297	320	8	3(a)(7	3(a)(7	NUM
ftr-297	320	9	)	)	PUNCT
ftr-297	320	10	.	.	PUNCT
ftr-297	321	1	39	39	NUM
ftr-297	321	2	.	.	PUNCT
ftr-297	322	1	the	the	DET
ftr-297	322	2	example	example	NOUN
ftr-297	322	3	assumes	assume	VERB
ftr-297	322	4	that	that	SCONJ
ftr-297	322	5	the	the	DET
ftr-297	322	6	traditional	traditional	ADJ
ftr-297	322	7	method	method	NOUN
ftr-297	322	8	for	for	ADP
ftr-297	322	9	taking	take	VERB
ftr-297	322	10	section	section	NOUN
ftr-297	322	11	704(c	704(c	PROPN
ftr-297	322	12	)	)	PUNCT
ftr-297	322	13	into	into	ADP
ftr-297	322	14	account	account	NOUN
ftr-297	322	15	is	be	AUX
ftr-297	322	16	employed	employ	VERB
ftr-297	322	17	.	.	PUNCT
ftr-297	323	1	if	if	SCONJ
ftr-297	323	2	curative	curative	ADJ
ftr-297	323	3	or	or	CCONJ
ftr-297	323	4	remedial	remedial	ADJ
ftr-297	323	5	section	section	NOUN
ftr-297	323	6	704(c	704(c	PROPN
ftr-297	323	7	)	)	PUNCT
ftr-297	323	8	allocations	allocation	NOUN
ftr-297	323	9	are	be	AUX
ftr-297	323	10	in	in	ADP
ftr-297	323	11	effect	effect	NOUN
ftr-297	323	12	,	,	PUNCT
ftr-297	323	13	they	they	PRON
ftr-297	323	14	must	must	AUX
ftr-297	323	15	be	be	AUX
ftr-297	323	16	taken	take	VERB
ftr-297	323	17	into	into	ADP
ftr-297	323	18	account	account	NOUN
ftr-297	323	19	.	.	PUNCT
ftr-297	324	1	loss	loss	NOUN
ftr-297	324	2	attributable	attributable	ADJ
ftr-297	324	3	to	to	ADP
ftr-297	324	4	section	section	NOUN
ftr-297	324	5	704(c	704(c	PROPN
ftr-297	324	6	)	)	PUNCT
ftr-297	324	7	property	property	NOUN
ftr-297	324	8	is	be	AUX
ftr-297	324	9	not	not	PART
ftr-297	324	10	taken	take	VERB
ftr-297	324	11	into	into	ADP
ftr-297	324	12	account	account	NOUN
ftr-297	324	13	because	because	SCONJ
ftr-297	324	14	section	section	NOUN
ftr-297	324	15	704(c)(1)(c	704(c)(1)(c	PROPN
ftr-297	324	16	)	)	PUNCT
ftr-297	324	17	treats	treat	VERB
ftr-297	324	18	the	the	DET
ftr-297	324	19	property	property	NOUN
ftr-297	324	20	with	with	ADP
ftr-297	324	21	regard	regard	NOUN
ftr-297	324	22	to	to	ADP
ftr-297	324	23	any	any	DET
ftr-297	324	24	partner	partner	NOUN
ftr-297	324	25	other	other	ADJ
ftr-297	324	26	than	than	ADP
ftr-297	324	27	the	the	DET
ftr-297	324	28	contributor	contributor	NOUN
ftr-297	324	29	as	as	ADP
ftr-297	324	30	having	have	VERB
ftr-297	324	31	a	a	DET
ftr-297	324	32	basis	basis	NOUN
ftr-297	324	33	equal	equal	ADJ
ftr-297	324	34	to	to	ADP
ftr-297	324	35	fair	fair	ADJ
ftr-297	324	36	market	market	NOUN
ftr-297	324	37	value	value	NOUN
ftr-297	324	38	.	.	PUNCT
ftr-297	325	1	thus	thus	ADV
ftr-297	325	2	,	,	PUNCT
ftr-297	325	3	upon	upon	SCONJ
ftr-297	325	4	the	the	DET
ftr-297	325	5	purchase	purchase	NOUN
ftr-297	325	6	,	,	PUNCT
ftr-297	325	7	with	with	ADP
ftr-297	325	8	regard	regard	NOUN
ftr-297	325	9	to	to	ADP
ftr-297	325	10	the	the	DET
ftr-297	325	11	transferee	transferee	NOUN
ftr-297	325	12	partner	partner	NOUN
ftr-297	325	13	and	and	CCONJ
ftr-297	325	14	the	the	DET
ftr-297	325	15	partnership	partnership	NOUN
ftr-297	325	16	,	,	PUNCT
ftr-297	325	17	there	there	PRON
ftr-297	325	18	is	be	VERB
ftr-297	325	19	no	no	DET
ftr-297	325	20	section	section	NOUN
ftr-297	325	21	704(c	704(c	NOUN
ftr-297	325	22	)	)	PUNCT
ftr-297	325	23	allocation	allocation	NOUN
ftr-297	325	24	because	because	SCONJ
ftr-297	325	25	basis	basis	NOUN
ftr-297	325	26	and	and	CCONJ
ftr-297	325	27	value	value	NOUN
ftr-297	325	28	on	on	ADP
ftr-297	325	29	the	the	DET
ftr-297	325	30	date	date	NOUN
ftr-297	325	31	of	of	ADP
ftr-297	325	32	the	the	DET
ftr-297	325	33	property	property	NOUN
ftr-297	325	34	's	's	PART
ftr-297	325	35	original	original	ADJ
ftr-297	325	36	contribution	contribution	NOUN
ftr-297	325	37	are	be	AUX
ftr-297	325	38	deemed	deem	VERB
ftr-297	325	39	to	to	PART
ftr-297	325	40	be	be	AUX
ftr-297	325	41	the	the	DET
ftr-297	325	42	same	same	ADJ
ftr-297	325	43	.	.	PUNCT
ftr-297	326	1	118	118	NUM
ftr-297	327	1	[	[	X
ftr-297	327	2	vol	vol	NOUN
ftr-297	327	3	.	.	PUNCT
ftr-297	328	1	15:3	15:3	NUM
ftr-297	328	2	optional	optional	ADJ
ftr-297	328	3	basis	basis	NOUN
ftr-297	328	4	adjustments	adjustment	NOUN
ftr-297	328	5	under	under	ADP
ftr-297	328	6	subchapter	subchapter	NOUN
ftr-297	328	7	k	k	NOUN
ftr-297	329	1	the	the	DET
ftr-297	329	2	adjustment	adjustment	NOUN
ftr-297	329	3	can	can	AUX
ftr-297	329	4	be	be	AUX
ftr-297	329	5	computed	compute	VERB
ftr-297	329	6	by	by	ADP
ftr-297	329	7	comparing	compare	VERB
ftr-297	329	8	that	that	DET
ftr-297	329	9	figure	figure	NOUN
ftr-297	329	10	with	with	ADP
ftr-297	329	11	the	the	DET
ftr-297	329	12	adjusted	adjusted	ADJ
ftr-297	329	13	basis	basis	NOUN
ftr-297	329	14	for	for	ADP
ftr-297	329	15	the	the	DET
ftr-297	329	16	acquired	acquire	VERB
ftr-297	329	17	partnership	partnership	NOUN
ftr-297	329	18	interest	interest	NOUN
ftr-297	329	19	.	.	PUNCT
ftr-297	330	1	for	for	ADP
ftr-297	330	2	example	example	NOUN
ftr-297	330	3	,	,	PUNCT
ftr-297	330	4	assume	assume	VERB
ftr-297	330	5	that	that	SCONJ
ftr-297	330	6	partnership	partnership	NOUN
ftr-297	330	7	klm	klm	PROPN
ftr-297	330	8	has	have	VERB
ftr-297	330	9	a	a	DET
ftr-297	330	10	balance	balance	NOUN
ftr-297	330	11	sheet	sheet	NOUN
ftr-297	330	12	as	as	SCONJ
ftr-297	330	13	follows	follow	VERB
ftr-297	330	14	and	and	CCONJ
ftr-297	330	15	that	that	SCONJ
ftr-297	330	16	an	an	DET
ftr-297	330	17	election	election	NOUN
ftr-297	330	18	is	be	AUX
ftr-297	330	19	in	in	ADP
ftr-297	330	20	effect	effect	NOUN
ftr-297	330	21	:	:	PUNCT
ftr-297	330	22	assets	asset	NOUN
ftr-297	330	23	:	:	PUNCT
ftr-297	330	24	adjusted	adjust	VERB
ftr-297	330	25	book	book	NOUN
ftr-297	330	26	fair	fair	ADJ
ftr-297	330	27	capital	capital	NOUN
ftr-297	330	28	:	:	PUNCT
ftr-297	330	29	adjusted	adjust	VERB
ftr-297	330	30	book	book	NOUN
ftr-297	330	31	fair	fair	ADJ
ftr-297	330	32	basis	basis	NOUN
ftr-297	330	33	market	market	NOUN
ftr-297	330	34	basis	basis	NOUN
ftr-297	330	35	market	market	NOUN
ftr-297	330	36	value	value	NOUN
ftr-297	330	37	value	value	NOUN
ftr-297	330	38	cash	cash	NOUN
ftr-297	330	39	$	$	SYM
ftr-297	330	40	5,000	5,000	NUM
ftr-297	330	41	$	$	SYM
ftr-297	330	42	5,000	5,000	NUM
ftr-297	330	43	$	$	SYM
ftr-297	330	44	5,000	5,000	NUM
ftr-297	330	45	k	k	NOUN
ftr-297	330	46	$	$	SYM
ftr-297	330	47	13,000	13,000	NUM
ftr-297	330	48	$	$	SYM
ftr-297	330	49	13,000	13,000	NUM
ftr-297	330	50	$	$	SYM
ftr-297	330	51	16,000	16,000	NUM
ftr-297	330	52	inventory	inventory	NOUN
ftr-297	330	53	21,000	21,000	NUM
ftr-297	330	54	21,000	21,000	NUM
ftr-297	330	55	24,000	24,000	NUM
ftr-297	330	56	l	l	NOUN
ftr-297	330	57	13,000	13,000	NUM
ftr-297	330	58	13,000	13,000	NUM
ftr-297	330	59	16,000	16,000	NUM
ftr-297	330	60	land	land	NOUN
ftr-297	330	61	_	_	NOUN
ftr-297	330	62	0	0	NUM
ftr-297	330	63	.	.	NOUN
ftr-297	330	64	0	0	NUM
ftr-297	331	1	_	_	NOUN
ftr-297	331	2	13000	13000	NUM
ftr-297	331	3	1,000	1,000	NUM
ftr-297	331	4	m	m	NOUN
ftr-297	331	5	7,000	7,000	NUM
ftr-297	331	6	_	_	NOUN
ftr-297	331	7	1300	1300	NUM
ftr-297	332	1	_	_	PUNCT
ftr-297	332	2	16,qq	16,qq	NUM
ftr-297	332	3	total	total	VERB
ftr-297	332	4	$	$	SYM
ftr-297	332	5	33,000	33,000	NUM
ftr-297	332	6	$	$	SYM
ftr-297	332	7	39,000	39,000	NUM
ftr-297	332	8	$	$	SYM
ftr-297	332	9	48,000	48,000	NUM
ftr-297	332	10	total	total	ADJ
ftr-297	332	11	$	$	SYM
ftr-297	332	12	33,000	33,000	NUM
ftr-297	332	13	$	$	SYM
ftr-297	332	14	39,000	39,000	NUM
ftr-297	332	15	$	$	SYM
ftr-297	332	16	48,000	48,000	NUM
ftr-297	332	17	m	m	VERB
ftr-297	332	18	has	have	VERB
ftr-297	332	19	a	a	DET
ftr-297	332	20	lower	low	ADJ
ftr-297	332	21	adjusted	adjusted	ADJ
ftr-297	332	22	basis	basis	NOUN
ftr-297	332	23	for	for	ADP
ftr-297	332	24	her	her	PRON
ftr-297	332	25	partnership	partnership	NOUN
ftr-297	332	26	interest	interest	NOUN
ftr-297	332	27	than	than	ADP
ftr-297	332	28	either	either	CCONJ
ftr-297	332	29	k	k	PROPN
ftr-297	332	30	or	or	CCONJ
ftr-297	332	31	l	l	NOUN
ftr-297	332	32	,	,	PUNCT
ftr-297	332	33	because	because	SCONJ
ftr-297	332	34	m	m	PRON
ftr-297	332	35	contributed	contribute	VERB
ftr-297	332	36	unimproved	unimproved	ADJ
ftr-297	332	37	land	land	NOUN
ftr-297	332	38	to	to	ADP
ftr-297	332	39	the	the	DET
ftr-297	332	40	partnership	partnership	NOUN
ftr-297	332	41	at	at	ADP
ftr-297	332	42	an	an	DET
ftr-297	332	43	agreed	agree	VERB
ftr-297	332	44	valuation	valuation	NOUN
ftr-297	332	45	of	of	ADP
ftr-297	332	46	$	$	SYM
ftr-297	332	47	13,000	13,000	NUM
ftr-297	332	48	,	,	PUNCT
ftr-297	332	49	for	for	ADP
ftr-297	332	50	which	which	PRON
ftr-297	332	51	she	she	PRON
ftr-297	332	52	had	have	VERB
ftr-297	332	53	an	an	DET
ftr-297	332	54	adjusted	adjusted	ADJ
ftr-297	332	55	basis	basis	NOUN
ftr-297	332	56	of	of	ADP
ftr-297	332	57	$	$	SYM
ftr-297	332	58	7,000	7,000	NUM
ftr-297	332	59	.	.	PUNCT
ftr-297	333	1	if	if	SCONJ
ftr-297	333	2	the	the	DET
ftr-297	333	3	land	land	NOUN
ftr-297	333	4	contributed	contribute	VERB
ftr-297	333	5	by	by	ADP
ftr-297	333	6	m	m	PROPN
ftr-297	333	7	is	be	AUX
ftr-297	333	8	sold	sell	VERB
ftr-297	333	9	by	by	ADP
ftr-297	333	10	the	the	DET
ftr-297	333	11	partnership	partnership	NOUN
ftr-297	333	12	for	for	ADP
ftr-297	333	13	$	$	SYM
ftr-297	333	14	13,000	13,000	NUM
ftr-297	333	15	or	or	CCONJ
ftr-297	333	16	more	more	ADJ
ftr-297	333	17	,	,	PUNCT
ftr-297	333	18	the	the	DET
ftr-297	333	19	first	first	ADJ
ftr-297	333	20	$	$	SYM
ftr-297	333	21	6,000	6,000	NUM
ftr-297	333	22	of	of	ADP
ftr-297	333	23	gain	gain	NOUN
ftr-297	333	24	is	be	AUX
ftr-297	333	25	allocated	allocate	VERB
ftr-297	333	26	to	to	PART
ftr-297	333	27	m.	m.	VERB
ftr-297	333	28	the	the	DET
ftr-297	333	29	balance	balance	NOUN
ftr-297	333	30	of	of	ADP
ftr-297	333	31	the	the	DET
ftr-297	333	32	gain	gain	NOUN
ftr-297	333	33	is	be	AUX
ftr-297	333	34	allocated	allocate	VERB
ftr-297	333	35	equally	equally	ADV
ftr-297	333	36	among	among	ADP
ftr-297	333	37	the	the	DET
ftr-297	333	38	three	three	NUM
ftr-297	333	39	partners	partner	NOUN
ftr-297	333	40	.	.	PUNCT
ftr-297	334	1	m	m	PROPN
ftr-297	334	2	has	have	VERB
ftr-297	334	3	a	a	DET
ftr-297	334	4	capital	capital	NOUN
ftr-297	334	5	account	account	NOUN
ftr-297	334	6	balance	balance	NOUN
ftr-297	334	7	of	of	ADP
ftr-297	334	8	$	$	SYM
ftr-297	334	9	13,000	13,000	NUM
ftr-297	334	10	,	,	PUNCT
ftr-297	334	11	as	as	SCONJ
ftr-297	334	12	do	do	VERB
ftr-297	334	13	k	k	PROPN
ftr-297	334	14	and	and	CCONJ
ftr-297	334	15	l.	l.	PROPN
ftr-297	334	16	since	since	SCONJ
ftr-297	334	17	all	all	DET
ftr-297	334	18	three	three	NUM
ftr-297	334	19	partners	partner	NOUN
ftr-297	334	20	have	have	VERB
ftr-297	334	21	the	the	DET
ftr-297	334	22	same	same	ADJ
ftr-297	334	23	economic	economic	ADJ
ftr-297	334	24	interest	interest	NOUN
ftr-297	334	25	in	in	ADP
ftr-297	334	26	the	the	DET
ftr-297	334	27	partnership	partnership	NOUN
ftr-297	334	28	,	,	PUNCT
ftr-297	334	29	a	a	DET
ftr-297	334	30	purchaser	purchaser	NOUN
ftr-297	334	31	would	would	AUX
ftr-297	334	32	pay	pay	VERB
ftr-297	334	33	the	the	DET
ftr-297	334	34	same	same	ADJ
ftr-297	334	35	price	price	NOUN
ftr-297	334	36	for	for	ADP
ftr-297	334	37	the	the	DET
ftr-297	334	38	interest	interest	NOUN
ftr-297	334	39	of	of	ADP
ftr-297	334	40	any	any	PRON
ftr-297	334	41	of	of	ADP
ftr-297	334	42	the	the	DET
ftr-297	334	43	three	three	NUM
ftr-297	334	44	partners	partner	NOUN
ftr-297	334	45	provided	provide	VERB
ftr-297	334	46	that	that	SCONJ
ftr-297	334	47	a	a	DET
ftr-297	334	48	section	section	NOUN
ftr-297	334	49	754	754	NUM
ftr-297	334	50	election	election	NOUN
ftr-297	334	51	were	be	AUX
ftr-297	334	52	in	in	ADP
ftr-297	334	53	effect	effect	NOUN
ftr-297	334	54	.	.	PUNCT
ftr-297	335	1	the	the	DET
ftr-297	335	2	only	only	ADJ
ftr-297	335	3	differences	difference	NOUN
ftr-297	335	4	between	between	ADP
ftr-297	335	5	m	m	NOUN
ftr-297	335	6	on	on	ADP
ftr-297	335	7	the	the	DET
ftr-297	335	8	one	one	NUM
ftr-297	335	9	hand	hand	NOUN
ftr-297	335	10	and	and	CCONJ
ftr-297	335	11	k	k	PROPN
ftr-297	335	12	and	and	CCONJ
ftr-297	335	13	l	l	NOUN
ftr-297	335	14	on	on	ADP
ftr-297	335	15	the	the	DET
ftr-297	335	16	other	other	ADJ
ftr-297	335	17	are	be	AUX
ftr-297	335	18	their	their	PRON
ftr-297	335	19	adjusted	adjust	VERB
ftr-297	335	20	bases	basis	NOUN
ftr-297	335	21	for	for	ADP
ftr-297	335	22	their	their	PRON
ftr-297	335	23	partnership	partnership	NOUN
ftr-297	335	24	interests	interest	NOUN
ftr-297	335	25	and	and	CCONJ
ftr-297	335	26	their	their	PRON
ftr-297	335	27	respective	respective	ADJ
ftr-297	335	28	shares	share	NOUN
ftr-297	335	29	of	of	ADP
ftr-297	335	30	previously	previously	ADV
ftr-297	335	31	taxed	tax	VERB
ftr-297	335	32	capital	capital	NOUN
ftr-297	335	33	.	.	PUNCT
ftr-297	336	1	the	the	DET
ftr-297	336	2	amount	amount	NOUN
ftr-297	336	3	of	of	ADP
ftr-297	336	4	the	the	DET
ftr-297	336	5	adjustment	adjustment	NOUN
ftr-297	336	6	varies	vary	VERB
ftr-297	336	7	,	,	PUNCT
ftr-297	336	8	depending	depend	VERB
ftr-297	336	9	on	on	ADP
ftr-297	336	10	whether	whether	SCONJ
ftr-297	336	11	the	the	DET
ftr-297	336	12	purchaser	purchaser	NOUN
ftr-297	336	13	transacts	transact	VERB
ftr-297	336	14	with	with	ADP
ftr-297	336	15	k	k	PROPN
ftr-297	336	16	or	or	CCONJ
ftr-297	336	17	l	l	NOUN
ftr-297	336	18	(	(	PUNCT
ftr-297	336	19	their	their	PRON
ftr-297	336	20	situations	situation	NOUN
ftr-297	336	21	are	be	AUX
ftr-297	336	22	identical	identical	ADJ
ftr-297	336	23	)	)	PUNCT
ftr-297	336	24	or	or	CCONJ
ftr-297	336	25	with	with	ADP
ftr-297	336	26	m.	m.	NOUN
ftr-297	336	27	where	where	SCONJ
ftr-297	336	28	the	the	DET
ftr-297	336	29	purchase	purchase	NOUN
ftr-297	336	30	is	be	AUX
ftr-297	336	31	from	from	ADP
ftr-297	336	32	a	a	DET
ftr-297	336	33	partner	partner	NOUN
ftr-297	336	34	who	who	PRON
ftr-297	336	35	is	be	AUX
ftr-297	336	36	subject	subject	ADJ
ftr-297	336	37	to	to	ADP
ftr-297	336	38	section	section	NOUN
ftr-297	336	39	704(c	704(c	PROPN
ftr-297	336	40	)	)	PUNCT
ftr-297	336	41	,	,	PUNCT
ftr-297	336	42	the	the	DET
ftr-297	336	43	determination	determination	NOUN
ftr-297	336	44	of	of	ADP
ftr-297	336	45	taxable	taxable	ADJ
ftr-297	336	46	gain	gain	NOUN
ftr-297	336	47	from	from	ADP
ftr-297	336	48	the	the	DET
ftr-297	336	49	hypothetical	hypothetical	ADJ
ftr-297	336	50	sale	sale	NOUN
ftr-297	336	51	transaction	transaction	NOUN
ftr-297	336	52	will	will	AUX
ftr-297	336	53	be	be	AUX
ftr-297	336	54	affected	affect	VERB
ftr-297	336	55	.	.	PUNCT
ftr-297	337	1	the	the	DET
ftr-297	337	2	following	follow	VERB
ftr-297	337	3	chart	chart	NOUN
ftr-297	337	4	illustrates	illustrate	VERB
ftr-297	337	5	the	the	DET
ftr-297	337	6	calculations	calculation	NOUN
ftr-297	337	7	which	which	PRON
ftr-297	337	8	must	must	AUX
ftr-297	337	9	be	be	AUX
ftr-297	337	10	made	make	VERB
ftr-297	337	11	in	in	ADP
ftr-297	337	12	such	such	DET
ftr-297	337	13	a	a	DET
ftr-297	337	14	situation	situation	NOUN
ftr-297	337	15	.	.	PUNCT
ftr-297	338	1	the	the	DET
ftr-297	338	2	selling	selling	NOUN
ftr-297	338	3	partner	partner	NOUN
ftr-297	338	4	is	be	AUX
ftr-297	338	5	:	:	PUNCT
ftr-297	338	6	korl	korl	PROPN
ftr-297	338	7	m	m	PROPN
ftr-297	338	8	purchaser	purchaser	NOUN
ftr-297	338	9	's	's	PART
ftr-297	338	10	adjustment	adjustment	NOUN
ftr-297	338	11	basis	basis	NOUN
ftr-297	338	12	of	of	ADP
ftr-297	338	13	the	the	DET
ftr-297	338	14	partnership	partnership	NOUN
ftr-297	338	15	interest	interest	NOUN
ftr-297	338	16	acquired	acquire	VERB
ftr-297	338	17	:	:	PUNCT
ftr-297	338	18	amount	amount	NOUN
ftr-297	338	19	paid	pay	VERB
ftr-297	338	20	$	$	SYM
ftr-297	338	21	16000	16000	NUM
ftr-297	338	22	$	$	SYM
ftr-297	338	23	i,000	i,000	ADJ
ftr-297	338	24	purchaser	purchaser	NOUN
ftr-297	338	25	's	's	PART
ftr-297	338	26	share	share	NOUN
ftr-297	338	27	of	of	ADP
ftr-297	338	28	previous	previous	ADJ
ftr-297	338	29	taxed	tax	VERB
ftr-297	338	30	capital	capital	NOUN
ftr-297	338	31	:	:	PUNCT
ftr-297	338	32	cash	cash	NOUN
ftr-297	338	33	on	on	ADP
ftr-297	338	34	liquidation	liquidation	NOUN
ftr-297	338	35	$	$	SYM
ftr-297	338	36	16,000	16,000	NUM
ftr-297	338	37	$	$	SYM
ftr-297	338	38	16,000	16,000	NUM
ftr-297	338	39	decreased	decrease	VERB
ftr-297	338	40	by	by	ADP
ftr-297	338	41	taxable	taxable	ADJ
ftr-297	338	42	gain	gain	NOUN
ftr-297	338	43	3	3	NUM
ftr-297	338	44	9,00	9,00	NOUN
ftr-297	338	45	$	$	SYM
ftr-297	338	46	13,90	13,90	NUM
ftr-297	338	47	$	$	SYM
ftr-297	338	48	2700	2700	NUM
ftr-297	338	49	amount	amount	NOUN
ftr-297	338	50	of	of	ADP
ftr-297	338	51	the	the	DET
ftr-297	338	52	§	§	PROPN
ftr-297	338	53	743(b	743(b	PROPN
ftr-297	338	54	)	)	PUNCT
ftr-297	338	55	adjustment	adjustment	NOUN
ftr-297	338	56	$	$	SYM
ftr-297	338	57	3,000	3,000	NUM
ftr-297	338	58	$	$	SYM
ftr-297	338	59	9,000	9,000	NUM
ftr-297	338	60	if	if	SCONJ
ftr-297	338	61	either	either	CCONJ
ftr-297	338	62	k	k	PROPN
ftr-297	338	63	or	or	CCONJ
ftr-297	338	64	l	l	PROPN
ftr-297	338	65	sells	sell	VERB
ftr-297	338	66	his	his	PRON
ftr-297	338	67	partnership	partnership	NOUN
ftr-297	338	68	interest	interest	NOUN
ftr-297	338	69	,	,	PUNCT
ftr-297	338	70	the	the	DET
ftr-297	338	71	section	section	NOUN
ftr-297	338	72	704(c	704(c	NOUN
ftr-297	338	73	)	)	PUNCT
ftr-297	338	74	allocation	allocation	NOUN
ftr-297	338	75	remains	remain	VERB
ftr-297	338	76	a	a	DET
ftr-297	338	77	problem	problem	NOUN
ftr-297	338	78	to	to	PART
ftr-297	338	79	be	be	AUX
ftr-297	338	80	solved	solve	VERB
ftr-297	338	81	in	in	ADP
ftr-297	338	82	the	the	DET
ftr-297	338	83	future	future	NOUN
ftr-297	338	84	when	when	SCONJ
ftr-297	338	85	the	the	DET
ftr-297	338	86	property	property	NOUN
ftr-297	338	87	is	be	AUX
ftr-297	338	88	2014	2014	NUM
ftr-297	338	89	]	]	PUNCT
ftr-297	338	90	119	119	NUM
ftr-297	338	91	florida	florida	PROPN
ftr-297	338	92	tax	tax	PROPN
ftr-297	338	93	review	review	PROPN
ftr-297	338	94	sold.40	sold.40	NOUN
ftr-297	338	95	if	if	SCONJ
ftr-297	338	96	m	m	PROPN
ftr-297	338	97	sells	sell	VERB
ftr-297	338	98	her	her	PRON
ftr-297	338	99	partnership	partnership	NOUN
ftr-297	338	100	interest	interest	NOUN
ftr-297	338	101	,	,	PUNCT
ftr-297	338	102	the	the	DET
ftr-297	338	103	effect	effect	NOUN
ftr-297	338	104	of	of	ADP
ftr-297	338	105	the	the	DET
ftr-297	338	106	section	section	NOUN
ftr-297	338	107	704(c	704(c	NOUN
ftr-297	338	108	)	)	PUNCT
ftr-297	338	109	allocation	allocation	NOUN
ftr-297	338	110	on	on	ADP
ftr-297	338	111	the	the	DET
ftr-297	338	112	purchase	purchase	NOUN
ftr-297	338	113	of	of	ADP
ftr-297	338	114	m	m	PROPN
ftr-297	338	115	's	's	PART
ftr-297	338	116	interest	interest	NOUN
ftr-297	338	117	disappears	disappear	VERB
ftr-297	338	118	through	through	ADP
ftr-297	338	119	the	the	DET
ftr-297	338	120	adjustment	adjustment	NOUN
ftr-297	338	121	.	.	PUNCT
ftr-297	339	1	the	the	DET
ftr-297	339	2	allocation	allocation	NOUN
ftr-297	339	3	is	be	AUX
ftr-297	339	4	subsumed	subsume	VERB
ftr-297	339	5	by	by	ADP
ftr-297	339	6	the	the	DET
ftr-297	339	7	basis	basis	NOUN
ftr-297	340	1	adjustment.4	adjustment.4	PROPN
ftr-297	340	2	1	1	NUM
ftr-297	340	3	on	on	ADP
ftr-297	340	4	selling	sell	VERB
ftr-297	340	5	her	her	PRON
ftr-297	340	6	partnership	partnership	NOUN
ftr-297	340	7	interest	interest	NOUN
ftr-297	340	8	,	,	PUNCT
ftr-297	340	9	m	m	VERB
ftr-297	340	10	recognizes	recognize	VERB
ftr-297	340	11	taxable	taxable	ADJ
ftr-297	340	12	gain	gain	NOUN
ftr-297	340	13	from	from	ADP
ftr-297	340	14	the	the	DET
ftr-297	340	15	pre	pre	NOUN
ftr-297	340	16	-	-	NOUN
ftr-297	340	17	contribution	contribution	ADJ
ftr-297	340	18	appreciation	appreciation	NOUN
ftr-297	340	19	of	of	ADP
ftr-297	340	20	the	the	DET
ftr-297	340	21	contributed	contribute	VERB
ftr-297	340	22	property	property	NOUN
ftr-297	340	23	as	as	ADV
ftr-297	340	24	well	well	ADV
ftr-297	340	25	as	as	ADP
ftr-297	340	26	her	her	PRON
ftr-297	340	27	share	share	NOUN
ftr-297	340	28	of	of	ADP
ftr-297	340	29	any	any	DET
ftr-297	340	30	postcontribution	postcontribution	NOUN
ftr-297	340	31	appreciation	appreciation	NOUN
ftr-297	340	32	in	in	ADP
ftr-297	340	33	value	value	NOUN
ftr-297	340	34	of	of	ADP
ftr-297	340	35	the	the	DET
ftr-297	340	36	partnership	partnership	NOUN
ftr-297	340	37	property	property	NOUN
ftr-297	340	38	.	.	PUNCT
ftr-297	341	1	as	as	ADP
ftr-297	341	2	a	a	DET
ftr-297	341	3	result	result	NOUN
ftr-297	341	4	of	of	ADP
ftr-297	341	5	the	the	DET
ftr-297	341	6	adjustment	adjustment	NOUN
ftr-297	341	7	,	,	PUNCT
ftr-297	341	8	the	the	DET
ftr-297	341	9	purchaser	purchaser	NOUN
ftr-297	341	10	of	of	ADP
ftr-297	341	11	m	m	PROPN
ftr-297	341	12	's	's	PART
ftr-297	341	13	interest	interest	NOUN
ftr-297	341	14	,	,	PUNCT
ftr-297	341	15	while	while	SCONJ
ftr-297	341	16	technically	technically	ADV
ftr-297	341	17	allocated	allocate	VERB
ftr-297	341	18	the	the	DET
ftr-297	341	19	gain	gain	NOUN
ftr-297	341	20	resulting	result	VERB
ftr-297	341	21	from	from	ADP
ftr-297	341	22	the	the	DET
ftr-297	341	23	pre	pre	NOUN
ftr-297	341	24	-	-	NOUN
ftr-297	341	25	contribution	contribution	NOUN
ftr-297	341	26	appreciation	appreciation	NOUN
ftr-297	341	27	attributable	attributable	ADJ
ftr-297	341	28	to	to	ADP
ftr-297	341	29	m	m	PROPN
ftr-297	341	30	,	,	PUNCT
ftr-297	341	31	will	will	AUX
ftr-297	341	32	offset	offset	VERB
ftr-297	341	33	that	that	DET
ftr-297	341	34	amount	amount	NOUN
ftr-297	341	35	with	with	ADP
ftr-297	341	36	the	the	DET
ftr-297	341	37	section	section	NOUN
ftr-297	341	38	743(b	743(b	NOUN
ftr-297	341	39	)	)	PUNCT
ftr-297	341	40	basis	basis	NOUN
ftr-297	341	41	adjustment	adjustment	NOUN
ftr-297	341	42	.	.	PUNCT
ftr-297	342	1	g.	g.	PROPN
ftr-297	342	2	operation	operation	PROPN
ftr-297	342	3	ofadjustment	ofadjustment	NOUN
ftr-297	342	4	to	to	PART
ftr-297	342	5	basis	basis	NOUN
ftr-297	342	6	ofpartnership	ofpartnership	NOUN
ftr-297	342	7	properties	property	NOUN
ftr-297	342	8	1	1	NUM
ftr-297	342	9	.	.	PUNCT
ftr-297	343	1	calculation	calculation	NOUN
ftr-297	343	2	in	in	ADP
ftr-297	343	3	determining	determine	VERB
ftr-297	343	4	items	item	NOUN
ftr-297	343	5	ofincome	ofincome	ADJ
ftr-297	343	6	,	,	PUNCT
ftr-297	343	7	gain	gain	NOUN
ftr-297	343	8	,	,	PUNCT
ftr-297	343	9	or	or	CCONJ
ftr-297	343	10	loss	loss	VERB
ftr-297	343	11	the	the	DET
ftr-297	343	12	regulations	regulation	NOUN
ftr-297	343	13	provide	provide	VERB
ftr-297	343	14	that	that	SCONJ
ftr-297	343	15	the	the	DET
ftr-297	343	16	adjustment	adjustment	NOUN
ftr-297	343	17	is	be	AUX
ftr-297	343	18	personal	personal	ADJ
ftr-297	343	19	to	to	ADP
ftr-297	343	20	the	the	DET
ftr-297	343	21	transferee.4	transferee.4	ADJ
ftr-297	343	22	2	2	NUM
ftr-297	343	23	it	it	PRON
ftr-297	343	24	is	be	AUX
ftr-297	343	25	generally	generally	ADV
ftr-297	343	26	irrelevant	irrelevant	ADJ
ftr-297	343	27	and	and	CCONJ
ftr-297	343	28	disregarded	disregard	VERB
ftr-297	343	29	in	in	ADP
ftr-297	343	30	the	the	DET
ftr-297	343	31	partnership	partnership	NOUN
ftr-297	343	32	's	's	PART
ftr-297	343	33	determination	determination	NOUN
ftr-297	343	34	of	of	ADP
ftr-297	343	35	its	its	PRON
ftr-297	343	36	financial	financial	ADJ
ftr-297	343	37	results.43	results.43	NOUN
ftr-297	343	38	instead	instead	ADV
ftr-297	343	39	,	,	PUNCT
ftr-297	343	40	after	after	ADP
ftr-297	343	41	making	make	VERB
ftr-297	343	42	these	these	DET
ftr-297	343	43	determinations	determination	NOUN
ftr-297	343	44	,	,	PUNCT
ftr-297	343	45	the	the	DET
ftr-297	343	46	adjustment	adjustment	NOUN
ftr-297	343	47	is	be	AUX
ftr-297	343	48	integrated	integrate	VERB
ftr-297	343	49	into	into	ADP
ftr-297	343	50	the	the	DET
ftr-297	343	51	transferee	transferee	NOUN
ftr-297	343	52	's	's	PART
ftr-297	343	53	distributive	distributive	ADJ
ftr-297	343	54	share	share	NOUN
ftr-297	343	55	;	;	PUNCT
ftr-297	343	56	however	however	ADV
ftr-297	343	57	,	,	PUNCT
ftr-297	343	58	it	it	PRON
ftr-297	343	59	has	have	VERB
ftr-297	343	60	no	no	DET
ftr-297	343	61	impact	impact	NOUN
ftr-297	343	62	on	on	ADP
ftr-297	343	63	the	the	DET
ftr-297	343	64	transferee	transferee	NOUN
ftr-297	343	65	's	's	PART
ftr-297	343	66	capital	capital	NOUN
ftr-297	343	67	account.44	account.44	PROPN
ftr-297	343	68	for	for	ADP
ftr-297	343	69	example	example	NOUN
ftr-297	343	70	,	,	PUNCT
ftr-297	343	71	the	the	DET
ftr-297	343	72	sale	sale	NOUN
ftr-297	343	73	of	of	ADP
ftr-297	343	74	an	an	DET
ftr-297	343	75	asset	asset	NOUN
ftr-297	343	76	by	by	ADP
ftr-297	343	77	equal	equal	ADJ
ftr-297	343	78	partnership	partnership	NOUN
ftr-297	343	79	abd	abd	PROPN
ftr-297	343	80	for	for	ADP
ftr-297	343	81	a	a	DET
ftr-297	343	82	gain	gain	NOUN
ftr-297	343	83	of	of	ADP
ftr-297	343	84	$	$	SYM
ftr-297	343	85	9,000	9,000	NUM
ftr-297	343	86	would	would	AUX
ftr-297	343	87	generate	generate	VERB
ftr-297	343	88	$	$	SYM
ftr-297	343	89	3,000	3,000	NUM
ftr-297	343	90	of	of	ADP
ftr-297	343	91	income	income	NOUN
ftr-297	343	92	for	for	ADP
ftr-297	343	93	each	each	DET
ftr-297	343	94	partner	partner	NOUN
ftr-297	343	95	.	.	PUNCT
ftr-297	344	1	however	however	ADV
ftr-297	344	2	,	,	PUNCT
ftr-297	344	3	if	if	SCONJ
ftr-297	344	4	d	d	PROPN
ftr-297	344	5	had	have	VERB
ftr-297	344	6	a	a	DET
ftr-297	344	7	positive	positive	ADJ
ftr-297	344	8	adjustment	adjustment	NOUN
ftr-297	344	9	of	of	ADP
ftr-297	344	10	$	$	SYM
ftr-297	344	11	3,000	3,000	NUM
ftr-297	344	12	attributable	attributable	ADJ
ftr-297	344	13	to	to	ADP
ftr-297	344	14	that	that	DET
ftr-297	344	15	asset	asset	NOUN
ftr-297	344	16	,	,	PUNCT
ftr-297	344	17	he	he	PRON
ftr-297	344	18	would	would	AUX
ftr-297	344	19	not	not	PART
ftr-297	344	20	be	be	AUX
ftr-297	344	21	taxable	taxable	ADJ
ftr-297	344	22	on	on	ADP
ftr-297	344	23	any	any	PRON
ftr-297	344	24	of	of	ADP
ftr-297	344	25	that	that	DET
ftr-297	344	26	gain.45	gain.45	NOUN
ftr-297	344	27	40	40	NUM
ftr-297	344	28	.	.	PUNCT
ftr-297	345	1	reg	reg	NOUN
ftr-297	345	2	.	.	PUNCT
ftr-297	346	1	§	§	PROPN
ftr-297	346	2	1.743	1.743	NUM
ftr-297	346	3	-	-	NUM
ftr-297	346	4	1(d)(3	1(d)(3	NUM
ftr-297	346	5	)	)	PUNCT
ftr-297	346	6	,	,	PUNCT
ftr-297	346	7	ex.(1	ex.(1	NUM
ftr-297	346	8	)	)	PUNCT
ftr-297	346	9	.	.	PUNCT
ftr-297	347	1	41	41	NUM
ftr-297	347	2	.	.	PUNCT
ftr-297	348	1	reg	reg	NOUN
ftr-297	348	2	.	.	PUNCT
ftr-297	349	1	§	§	PROPN
ftr-297	349	2	1.743	1.743	NUM
ftr-297	349	3	-	-	NUM
ftr-297	349	4	1(d)(3	1(d)(3	NUM
ftr-297	349	5	)	)	PUNCT
ftr-297	349	6	,	,	PUNCT
ftr-297	349	7	ex.(2	ex.(2	NOUN
ftr-297	349	8	)	)	PUNCT
ftr-297	349	9	.	.	PUNCT
ftr-297	350	1	42	42	NUM
ftr-297	350	2	.	.	PUNCT
ftr-297	351	1	reg	reg	NOUN
ftr-297	351	2	.	.	PUNCT
ftr-297	352	1	§	§	PROPN
ftr-297	352	2	1.743	1.743	NUM
ftr-297	352	3	-	-	SYM
ftr-297	352	4	1(j)(1	1(j)(1	NUM
ftr-297	352	5	)	)	PUNCT
ftr-297	352	6	.	.	PUNCT
ftr-297	353	1	43	43	NUM
ftr-297	353	2	.	.	PUNCT
ftr-297	354	1	reg	reg	NOUN
ftr-297	354	2	.	.	PUNCT
ftr-297	355	1	§	§	PROPN
ftr-297	355	2	1.743	1.743	NUM
ftr-297	355	3	-	-	SYM
ftr-297	355	4	1(j)(2	1(j)(2	NUM
ftr-297	355	5	)	)	PUNCT
ftr-297	355	6	.	.	PUNCT
ftr-297	356	1	44	44	NUM
ftr-297	356	2	.	.	PUNCT
ftr-297	357	1	i	i	PRON
ftr-297	357	2	d.	d.	PROPN
ftr-297	357	3	45	45	NUM
ftr-297	357	4	.	.	PUNCT
ftr-297	358	1	reg	reg	PROPN
ftr-297	358	2	.	.	PUNCT
ftr-297	359	1	§	§	PROPN
ftr-297	359	2	1	1	NUM
ftr-297	359	3	-	-	SYM
ftr-297	359	4	743	743	NUM
ftr-297	359	5	-	-	NUM
ftr-297	359	6	1(j)(3	1(j)(3	NUM
ftr-297	359	7	)	)	PUNCT
ftr-297	359	8	.	.	PUNCT
ftr-297	360	1	as	as	SCONJ
ftr-297	360	2	discussed	discuss	VERB
ftr-297	360	3	above	above	ADV
ftr-297	360	4	,	,	PUNCT
ftr-297	360	5	of	of	ADP
ftr-297	360	6	particular	particular	ADJ
ftr-297	360	7	concern	concern	NOUN
ftr-297	360	8	is	be	AUX
ftr-297	360	9	the	the	DET
ftr-297	360	10	integration	integration	NOUN
ftr-297	360	11	of	of	ADP
ftr-297	360	12	section	section	NOUN
ftr-297	360	13	704(c	704(c	PROPN
ftr-297	360	14	)	)	PUNCT
ftr-297	360	15	with	with	ADP
ftr-297	360	16	the	the	DET
ftr-297	360	17	adjustment	adjustment	NOUN
ftr-297	360	18	.	.	PUNCT
ftr-297	361	1	importantly	importantly	ADV
ftr-297	361	2	,	,	PUNCT
ftr-297	361	3	the	the	DET
ftr-297	361	4	adjustment	adjustment	NOUN
ftr-297	361	5	takes	take	VERB
ftr-297	361	6	section	section	NOUN
ftr-297	361	7	704(c	704(c	PROPN
ftr-297	361	8	)	)	PUNCT
ftr-297	361	9	into	into	ADP
ftr-297	361	10	account	account	NOUN
ftr-297	361	11	.	.	PUNCT
ftr-297	362	1	for	for	ADP
ftr-297	362	2	operational	operational	ADJ
ftr-297	362	3	purposes	purpose	NOUN
ftr-297	362	4	,	,	PUNCT
ftr-297	362	5	a	a	DET
ftr-297	362	6	basis	basis	NOUN
ftr-297	362	7	adjustment	adjustment	NOUN
ftr-297	362	8	does	do	AUX
ftr-297	362	9	not	not	PART
ftr-297	362	10	merely	merely	ADV
ftr-297	362	11	reduce	reduce	VERB
ftr-297	362	12	or	or	CCONJ
ftr-297	362	13	eliminate	eliminate	VERB
ftr-297	362	14	a	a	DET
ftr-297	362	15	partner	partner	NOUN
ftr-297	362	16	's	's	PART
ftr-297	362	17	share	share	NOUN
ftr-297	362	18	of	of	ADP
ftr-297	362	19	gain	gain	NOUN
ftr-297	362	20	recognized	recognize	VERB
ftr-297	362	21	on	on	ADP
ftr-297	362	22	the	the	DET
ftr-297	362	23	subsequent	subsequent	ADJ
ftr-297	362	24	disposition	disposition	NOUN
ftr-297	362	25	of	of	ADP
ftr-297	362	26	the	the	DET
ftr-297	362	27	property	property	NOUN
ftr-297	362	28	by	by	ADP
ftr-297	362	29	the	the	DET
ftr-297	362	30	partnership	partnership	NOUN
ftr-297	362	31	.	.	PUNCT
ftr-297	363	1	in	in	ADP
ftr-297	363	2	some	some	DET
ftr-297	363	3	cases	case	NOUN
ftr-297	363	4	,	,	PUNCT
ftr-297	363	5	the	the	DET
ftr-297	363	6	adjustment	adjustment	NOUN
ftr-297	363	7	may	may	AUX
ftr-297	363	8	produce	produce	VERB
ftr-297	363	9	the	the	DET
ftr-297	363	10	opposite	opposite	ADJ
ftr-297	363	11	effect	effect	NOUN
ftr-297	363	12	.	.	PUNCT
ftr-297	364	1	in	in	ADP
ftr-297	364	2	other	other	ADJ
ftr-297	364	3	words	word	NOUN
ftr-297	364	4	,	,	PUNCT
ftr-297	364	5	a	a	DET
ftr-297	364	6	positive	positive	ADJ
ftr-297	364	7	adjustment	adjustment	NOUN
ftr-297	364	8	may	may	AUX
ftr-297	364	9	produce	produce	VERB
ftr-297	364	10	a	a	DET
ftr-297	364	11	loss	loss	NOUN
ftr-297	364	12	or	or	CCONJ
ftr-297	364	13	vice	vice	NOUN
ftr-297	364	14	versa	versa	ADV
ftr-297	364	15	.	.	PUNCT
ftr-297	365	1	while	while	SCONJ
ftr-297	365	2	the	the	DET
ftr-297	365	3	likelihood	likelihood	NOUN
ftr-297	365	4	of	of	ADP
ftr-297	365	5	this	this	DET
ftr-297	365	6	effect	effect	NOUN
ftr-297	365	7	may	may	AUX
ftr-297	365	8	be	be	AUX
ftr-297	365	9	greater	great	ADJ
ftr-297	365	10	regarding	regard	VERB
ftr-297	365	11	section	section	NOUN
ftr-297	365	12	704(c	704(c	NOUN
ftr-297	365	13	)	)	PUNCT
ftr-297	365	14	property	property	NOUN
ftr-297	365	15	,	,	PUNCT
ftr-297	365	16	it	it	PRON
ftr-297	365	17	is	be	AUX
ftr-297	365	18	not	not	PART
ftr-297	365	19	limited	limit	VERB
ftr-297	365	20	to	to	ADP
ftr-297	365	21	that	that	DET
ftr-297	365	22	category	category	NOUN
ftr-297	365	23	.	.	PUNCT
ftr-297	366	1	assume	assume	VERB
ftr-297	366	2	that	that	SCONJ
ftr-297	366	3	equal	equal	ADJ
ftr-297	366	4	partnership	partnership	NOUN
ftr-297	366	5	abc	abc	PROPN
ftr-297	366	6	purchased	purchase	VERB
ftr-297	366	7	its	its	PRON
ftr-297	366	8	sole	sole	ADJ
ftr-297	366	9	asset	asset	NOUN
ftr-297	366	10	for	for	ADP
ftr-297	366	11	$	$	SYM
ftr-297	366	12	3,000	3,000	NUM
ftr-297	366	13	which	which	PRON
ftr-297	366	14	appreciated	appreciate	VERB
ftr-297	366	15	in	in	ADP
ftr-297	366	16	value	value	NOUN
ftr-297	366	17	to	to	ADP
ftr-297	366	18	$	$	SYM
ftr-297	366	19	12,000	12,000	NUM
ftr-297	366	20	.	.	PUNCT
ftr-297	367	1	a	a	PRON
ftr-297	367	2	sells	sell	VERB
ftr-297	367	3	her	her	PRON
ftr-297	367	4	partnership	partnership	NOUN
ftr-297	367	5	interest	interest	NOUN
ftr-297	367	6	to	to	ADP
ftr-297	367	7	d	d	PROPN
ftr-297	367	8	for	for	ADP
ftr-297	367	9	$	$	SYM
ftr-297	367	10	4,000	4,000	NUM
ftr-297	367	11	and	and	CCONJ
ftr-297	367	12	the	the	DET
ftr-297	367	13	partnership	partnership	NOUN
ftr-297	367	14	elects	elect	NOUN
ftr-297	367	15	.	.	PUNCT
ftr-297	368	1	d	d	PRON
ftr-297	368	2	has	have	VERB
ftr-297	368	3	a	a	DET
ftr-297	368	4	positive	positive	ADJ
ftr-297	368	5	adjustment	adjustment	NOUN
ftr-297	368	6	of	of	ADP
ftr-297	368	7	$	$	SYM
ftr-297	368	8	3,000	3,000	NUM
ftr-297	368	9	.	.	PUNCT
ftr-297	369	1	the	the	DET
ftr-297	369	2	partnership	partnership	NOUN
ftr-297	369	3	subsequently	subsequently	ADV
ftr-297	369	4	sells	sell	VERB
ftr-297	369	5	the	the	DET
ftr-297	369	6	property	property	NOUN
ftr-297	369	7	in	in	ADP
ftr-297	369	8	an	an	DET
ftr-297	369	9	arm's	arm'	NOUN
ftr-297	369	10	-	-	PUNCT
ftr-297	369	11	length	length	NOUN
ftr-297	369	12	transaction	transaction	NOUN
ftr-297	369	13	for	for	ADP
ftr-297	369	14	$	$	SYM
ftr-297	369	15	6,000	6,000	NUM
ftr-297	369	16	,	,	PUNCT
ftr-297	369	17	allocable	allocable	ADJ
ftr-297	369	18	$	$	SYM
ftr-297	369	19	2,000	2,000	NUM
ftr-297	369	20	to	to	ADP
ftr-297	369	21	each	each	DET
ftr-297	369	22	partner	partner	NOUN
ftr-297	369	23	.	.	PUNCT
ftr-297	370	1	d	d	X
ftr-297	370	2	's	's	PART
ftr-297	370	3	$	$	SYM
ftr-297	370	4	2,000	2,000	NUM
ftr-297	370	5	share	share	NOUN
ftr-297	370	6	of	of	ADP
ftr-297	370	7	gain	gain	NOUN
ftr-297	370	8	is	be	AUX
ftr-297	370	9	reduced	reduce	VERB
ftr-297	370	10	by	by	ADP
ftr-297	370	11	the	the	DET
ftr-297	370	12	$	$	SYM
ftr-297	370	13	3,000	3,000	NUM
ftr-297	370	14	positive	positive	ADJ
ftr-297	370	15	adjustment	adjustment	NOUN
ftr-297	370	16	producing	produce	VERB
ftr-297	370	17	a	a	DET
ftr-297	370	18	$	$	SYM
ftr-297	370	19	1,000	1,000	NUM
ftr-297	370	20	loss	loss	NOUN
ftr-297	370	21	.	.	PUNCT
ftr-297	371	1	120	120	NUM
ftr-297	372	1	[	[	X
ftr-297	372	2	vol	vol	NOUN
ftr-297	372	3	.	.	PUNCT
ftr-297	373	1	15:3	15:3	NUM
ftr-297	373	2	optional	optional	ADJ
ftr-297	373	3	basis	basis	NOUN
ftr-297	373	4	adjustments	adjustment	NOUN
ftr-297	373	5	under	under	ADP
ftr-297	373	6	subchapter	subchapter	NOUN
ftr-297	373	7	k	k	PROPN
ftr-297	373	8	2	2	X
ftr-297	373	9	.	.	PUNCT
ftr-297	373	10	depreciation	depreciation	NOUN
ftr-297	373	11	the	the	DET
ftr-297	373	12	regulations	regulation	NOUN
ftr-297	373	13	address	address	VERB
ftr-297	373	14	the	the	DET
ftr-297	373	15	effect	effect	NOUN
ftr-297	373	16	of	of	ADP
ftr-297	373	17	a	a	DET
ftr-297	373	18	section	section	NOUN
ftr-297	373	19	743(b	743(b	NOUN
ftr-297	373	20	)	)	PUNCT
ftr-297	373	21	basis	basis	NOUN
ftr-297	373	22	adjustment	adjustment	NOUN
ftr-297	373	23	on	on	ADP
ftr-297	373	24	the	the	DET
ftr-297	373	25	determination	determination	NOUN
ftr-297	373	26	of	of	ADP
ftr-297	373	27	depreciation	depreciation	NOUN
ftr-297	373	28	deductions.4	deductions.4	PROPN
ftr-297	373	29	6	6	NUM
ftr-297	373	30	additional	additional	ADJ
ftr-297	373	31	deductions	deduction	NOUN
ftr-297	373	32	may	may	AUX
ftr-297	373	33	arise	arise	VERB
ftr-297	373	34	through	through	ADP
ftr-297	373	35	positive	positive	ADJ
ftr-297	373	36	basis	basis	NOUN
ftr-297	373	37	adjustments	adjustment	NOUN
ftr-297	373	38	to	to	PART
ftr-297	373	39	depreciable	depreciable	VERB
ftr-297	373	40	property	property	NOUN
ftr-297	373	41	,	,	PUNCT
ftr-297	373	42	which	which	PRON
ftr-297	373	43	are	be	AUX
ftr-297	373	44	added	add	VERB
ftr-297	373	45	to	to	ADP
ftr-297	373	46	the	the	DET
ftr-297	373	47	transferee	transferee	NOUN
ftr-297	373	48	's	's	PART
ftr-297	373	49	distributive	distributive	ADJ
ftr-297	373	50	share	share	NOUN
ftr-297	373	51	of	of	ADP
ftr-297	373	52	such	such	ADJ
ftr-297	373	53	item	item	NOUN
ftr-297	373	54	.	.	PUNCT
ftr-297	374	1	4	4	NUM
ftr-297	374	2	7	7	NUM
ftr-297	374	3	regarding	regard	VERB
ftr-297	374	4	the	the	DET
ftr-297	374	5	recovery	recovery	NOUN
ftr-297	374	6	period	period	NOUN
ftr-297	374	7	for	for	ADP
ftr-297	374	8	the	the	DET
ftr-297	374	9	allocation	allocation	NOUN
ftr-297	374	10	,	,	PUNCT
ftr-297	374	11	the	the	DET
ftr-297	374	12	increased	increase	VERB
ftr-297	374	13	basis	basis	NOUN
ftr-297	374	14	is	be	AUX
ftr-297	374	15	treated	treat	VERB
ftr-297	374	16	as	as	ADP
ftr-297	374	17	arising	arise	VERB
ftr-297	374	18	from	from	ADP
ftr-297	374	19	newly	newly	ADV
ftr-297	374	20	purchased	purchase	VERB
ftr-297	374	21	recovery	recovery	NOUN
ftr-297	374	22	property.48	property.48	NOUN
ftr-297	374	23	for	for	ADP
ftr-297	374	24	example	example	NOUN
ftr-297	374	25	,	,	PUNCT
ftr-297	374	26	assume	assume	VERB
ftr-297	374	27	that	that	SCONJ
ftr-297	374	28	a	a	PRON
ftr-297	374	29	sells	sell	VERB
ftr-297	374	30	her	her	PRON
ftr-297	374	31	one	one	NUM
ftr-297	374	32	-	-	PUNCT
ftr-297	374	33	third	third	NOUN
ftr-297	374	34	interest	interest	NOUN
ftr-297	374	35	in	in	ADP
ftr-297	374	36	partnership	partnership	NOUN
ftr-297	374	37	abc	abc	PROPN
ftr-297	374	38	to	to	ADP
ftr-297	374	39	d	d	PROPN
ftr-297	374	40	for	for	ADP
ftr-297	374	41	$	$	SYM
ftr-297	374	42	5,000	5,000	NUM
ftr-297	374	43	.	.	PUNCT
ftr-297	375	1	the	the	DET
ftr-297	375	2	partnership	partnership	NOUN
ftr-297	375	3	has	have	AUX
ftr-297	375	4	depreciable	depreciable	VERB
ftr-297	375	5	property	property	NOUN
ftr-297	375	6	with	with	ADP
ftr-297	375	7	an	an	DET
ftr-297	375	8	adjusted	adjusted	ADJ
ftr-297	375	9	basis	basis	NOUN
ftr-297	375	10	of	of	ADP
ftr-297	375	11	$	$	SYM
ftr-297	375	12	9,000	9,000	NUM
ftr-297	375	13	and	and	CCONJ
ftr-297	375	14	a	a	DET
ftr-297	375	15	fair	fair	ADJ
ftr-297	375	16	market	market	NOUN
ftr-297	375	17	value	value	NOUN
ftr-297	375	18	of	of	ADP
ftr-297	375	19	$	$	SYM
ftr-297	375	20	15,000	15,000	NUM
ftr-297	375	21	.	.	PUNCT
ftr-297	376	1	partner	partner	NOUN
ftr-297	376	2	d	d	PROPN
ftr-297	376	3	has	have	VERB
ftr-297	376	4	an	an	DET
ftr-297	376	5	adjustment	adjustment	NOUN
ftr-297	376	6	to	to	ADP
ftr-297	376	7	the	the	DET
ftr-297	376	8	depreciable	depreciable	ADJ
ftr-297	376	9	property	property	NOUN
ftr-297	376	10	in	in	ADP
ftr-297	376	11	the	the	DET
ftr-297	376	12	amount	amount	NOUN
ftr-297	376	13	of	of	ADP
ftr-297	376	14	$	$	SYM
ftr-297	376	15	2,000	2,000	NUM
ftr-297	376	16	(	(	PUNCT
ftr-297	376	17	$	$	SYM
ftr-297	376	18	5,000	5,000	NUM
ftr-297	376	19	purchase	purchase	NOUN
ftr-297	376	20	price	price	NOUN
ftr-297	376	21	less	less	ADJ
ftr-297	376	22	his	his	PRON
ftr-297	376	23	previously	previously	ADV
ftr-297	376	24	taxed	tax	VERB
ftr-297	376	25	capital	capital	NOUN
ftr-297	376	26	of	of	ADP
ftr-297	376	27	$	$	SYM
ftr-297	376	28	3,000	3,000	NUM
ftr-297	376	29	)	)	PUNCT
ftr-297	376	30	.	.	PUNCT
ftr-297	377	1	if	if	SCONJ
ftr-297	377	2	the	the	DET
ftr-297	377	3	property	property	NOUN
ftr-297	377	4	were	be	AUX
ftr-297	377	5	depreciable	depreciable	ADJ
ftr-297	377	6	under	under	ADP
ftr-297	377	7	a	a	DET
ftr-297	377	8	straight	straight	ADJ
ftr-297	377	9	-	-	PUNCT
ftr-297	377	10	line	line	NOUN
ftr-297	377	11	method	method	NOUN
ftr-297	377	12	with	with	ADP
ftr-297	377	13	a	a	DET
ftr-297	377	14	cost	cost	NOUN
ftr-297	377	15	recovery	recovery	NOUN
ftr-297	377	16	period	period	NOUN
ftr-297	377	17	of	of	ADP
ftr-297	377	18	five	five	NUM
ftr-297	377	19	years	year	NOUN
ftr-297	377	20	and	and	CCONJ
ftr-297	377	21	a	a	PRON
ftr-297	377	22	's	's	PART
ftr-297	377	23	one	one	NUM
ftr-297	377	24	-	-	PUNCT
ftr-297	377	25	third	third	ADJ
ftr-297	377	26	share	share	NOUN
ftr-297	377	27	of	of	ADP
ftr-297	377	28	the	the	DET
ftr-297	377	29	partnership	partnership	NOUN
ftr-297	377	30	's	's	PART
ftr-297	377	31	depreciation	depreciation	NOUN
ftr-297	377	32	were	be	AUX
ftr-297	377	33	$	$	SYM
ftr-297	377	34	1,000	1,000	NUM
ftr-297	377	35	,	,	PUNCT
ftr-297	377	36	the	the	DET
ftr-297	377	37	depreciation	depreciation	NOUN
ftr-297	377	38	for	for	ADP
ftr-297	377	39	the	the	DET
ftr-297	377	40	year	year	NOUN
ftr-297	377	41	on	on	ADP
ftr-297	377	42	the	the	DET
ftr-297	377	43	$	$	SYM
ftr-297	377	44	2,000	2,000	NUM
ftr-297	377	45	adjustment	adjustment	NOUN
ftr-297	377	46	would	would	AUX
ftr-297	377	47	be	be	AUX
ftr-297	377	48	$	$	SYM
ftr-297	377	49	400	400	NUM
ftr-297	377	50	,	,	PUNCT
ftr-297	377	51	and	and	CCONJ
ftr-297	377	52	he	he	PRON
ftr-297	377	53	would	would	AUX
ftr-297	377	54	have	have	VERB
ftr-297	377	55	a	a	DET
ftr-297	377	56	$	$	SYM
ftr-297	377	57	400	400	NUM
ftr-297	377	58	offset	offset	NOUN
ftr-297	377	59	against	against	ADP
ftr-297	377	60	his	his	PRON
ftr-297	377	61	distributive	distributive	ADJ
ftr-297	377	62	share	share	NOUN
ftr-297	377	63	of	of	ADP
ftr-297	377	64	49partnership	49partnership	NOUN
ftr-297	377	65	income	income	NOUN
ftr-297	377	66	for	for	ADP
ftr-297	377	67	the	the	DET
ftr-297	377	68	year	year	NOUN
ftr-297	377	69	.	.	PUNCT
ftr-297	378	1	regarding	regard	VERB
ftr-297	378	2	negative	negative	ADJ
ftr-297	378	3	adjustments	adjustment	NOUN
ftr-297	378	4	which	which	PRON
ftr-297	378	5	result	result	VERB
ftr-297	378	6	in	in	ADP
ftr-297	378	7	a	a	DET
ftr-297	378	8	decrease	decrease	NOUN
ftr-297	378	9	of	of	ADP
ftr-297	378	10	the	the	DET
ftr-297	378	11	determined	determined	ADJ
ftr-297	378	12	depreciation	depreciation	NOUN
ftr-297	378	13	deduction	deduction	NOUN
ftr-297	378	14	,	,	PUNCT
ftr-297	378	15	the	the	DET
ftr-297	378	16	regulations	regulation	NOUN
ftr-297	378	17	provide	provide	VERB
ftr-297	378	18	similarly.o	similarly.o	NOUN
ftr-297	378	19	reduced	reduce	VERB
ftr-297	378	20	deductions	deduction	NOUN
ftr-297	378	21	are	be	AUX
ftr-297	378	22	required	require	VERB
ftr-297	378	23	.	.	PUNCT
ftr-297	379	1	however	however	ADV
ftr-297	379	2	,	,	PUNCT
ftr-297	379	3	if	if	SCONJ
ftr-297	379	4	the	the	DET
ftr-297	379	5	decreased	decrease	VERB
ftr-297	379	6	basis	basis	NOUN
ftr-297	379	7	adjustment	adjustment	NOUN
ftr-297	379	8	exceeds	exceed	VERB
ftr-297	379	9	the	the	DET
ftr-297	379	10	amount	amount	NOUN
ftr-297	379	11	of	of	ADP
ftr-297	379	12	the	the	DET
ftr-297	379	13	transferee	transferee	NOUN
ftr-297	379	14	's	's	PART
ftr-297	379	15	depreciation	depreciation	NOUN
ftr-297	379	16	,	,	PUNCT
ftr-297	379	17	other	other	ADJ
ftr-297	379	18	allocable	allocable	ADJ
ftr-297	379	19	items	item	NOUN
ftr-297	379	20	of	of	ADP
ftr-297	379	21	depreciation	depreciation	NOUN
ftr-297	379	22	of	of	ADP
ftr-297	379	23	the	the	DET
ftr-297	379	24	transferee	transferee	NOUN
ftr-297	379	25	are	be	AUX
ftr-297	379	26	reduced	reduce	VERB
ftr-297	379	27	by	by	ADP
ftr-297	379	28	the	the	DET
ftr-297	379	29	differential	differential	NOUN
ftr-297	379	30	.	.	PUNCT
ftr-297	379	31	'	'	PUNCT
ftr-297	380	1	if	if	SCONJ
ftr-297	380	2	a	a	DET
ftr-297	380	3	portion	portion	NOUN
ftr-297	380	4	of	of	ADP
ftr-297	380	5	the	the	DET
ftr-297	380	6	basis	basis	NOUN
ftr-297	380	7	adjustment	adjustment	NOUN
ftr-297	380	8	remains	remain	VERB
ftr-297	380	9	after	after	ADP
ftr-297	380	10	applying	apply	VERB
ftr-297	380	11	the	the	DET
ftr-297	380	12	specified	specify	VERB
ftr-297	380	13	order	order	NOUN
ftr-297	380	14	of	of	ADP
ftr-297	380	15	offset	offset	NOUN
ftr-297	380	16	,	,	PUNCT
ftr-297	380	17	ordinary	ordinary	ADJ
ftr-297	380	18	income	income	NOUN
ftr-297	380	19	is	be	AUX
ftr-297	380	20	recognized	recognize	VERB
ftr-297	380	21	to	to	ADP
ftr-297	380	22	the	the	DET
ftr-297	380	23	extent	extent	NOUN
ftr-297	380	24	of	of	ADP
ftr-297	380	25	the	the	DET
ftr-297	380	26	excess	excess	NOUN
ftr-297	380	27	.	.	PUNCT
ftr-297	381	1	the	the	DET
ftr-297	381	2	recovery	recovery	NOUN
ftr-297	381	3	period	period	NOUN
ftr-297	381	4	for	for	ADP
ftr-297	381	5	the	the	DET
ftr-297	381	6	negative	negative	ADJ
ftr-297	381	7	adjustment	adjustment	NOUN
ftr-297	381	8	is	be	AUX
ftr-297	381	9	the	the	DET
ftr-297	381	10	remaining	remain	VERB
ftr-297	381	11	cost	cost	NOUN
ftr-297	381	12	recovery	recovery	NOUN
ftr-297	381	13	period	period	NOUN
ftr-297	381	14	of	of	ADP
ftr-297	381	15	the	the	DET
ftr-297	381	16	underlying	underlie	VERB
ftr-297	381	17	property.52	property.52	NOUN
ftr-297	381	18	46	46	NUM
ftr-297	381	19	.	.	PUNCT
ftr-297	382	1	reg	reg	NOUN
ftr-297	382	2	.	.	PUNCT
ftr-297	383	1	§	§	PROPN
ftr-297	383	2	1.743	1.743	NUM
ftr-297	383	3	-	-	SYM
ftr-297	383	4	1(j)(4	1(j)(4	NUM
ftr-297	383	5	)	)	PUNCT
ftr-297	383	6	.	.	PUNCT
ftr-297	384	1	47	47	NUM
ftr-297	384	2	.	.	PUNCT
ftr-297	385	1	reg	reg	NOUN
ftr-297	385	2	.	.	PUNCT
ftr-297	386	1	§	§	PROPN
ftr-297	386	2	1.743	1.743	NUM
ftr-297	386	3	-	-	SYM
ftr-297	386	4	1(j)(4)(i)(a	1(j)(4)(i)(a	NUM
ftr-297	386	5	)	)	PUNCT
ftr-297	386	6	.	.	PUNCT
ftr-297	387	1	48	48	NUM
ftr-297	387	2	.	.	PUNCT
ftr-297	388	1	reg	reg	NOUN
ftr-297	388	2	.	.	PUNCT
ftr-297	389	1	§	§	PROPN
ftr-297	389	2	1.743	1.743	NUM
ftr-297	389	3	-	-	SYM
ftr-297	389	4	1(j)(4)(i)(b)(1	1(j)(4)(i)(b)(1	NUM
ftr-297	389	5	)	)	PUNCT
ftr-297	389	6	.	.	PUNCT
ftr-297	390	1	49	49	NUM
ftr-297	390	2	.	.	PUNCT
ftr-297	391	1	reg	reg	NOUN
ftr-297	391	2	.	.	PUNCT
ftr-297	392	1	§	§	PROPN
ftr-297	392	2	1.743	1.743	NUM
ftr-297	392	3	-	-	SYM
ftr-297	392	4	1(j)(4)(i)(c	1(j)(4)(i)(c	NUM
ftr-297	392	5	)	)	PUNCT
ftr-297	392	6	,	,	PUNCT
ftr-297	392	7	ex	ex	X
ftr-297	392	8	.	.	PUNCT
ftr-297	392	9	(	(	PUNCT
ftr-297	392	10	1	1	NUM
ftr-297	392	11	)	)	PUNCT
ftr-297	392	12	.	.	PUNCT
ftr-297	393	1	if	if	SCONJ
ftr-297	393	2	the	the	DET
ftr-297	393	3	partnership	partnership	NOUN
ftr-297	393	4	is	be	AUX
ftr-297	393	5	utilizing	utilize	VERB
ftr-297	393	6	the	the	DET
ftr-297	393	7	remedial	remedial	ADJ
ftr-297	393	8	allocation	allocation	NOUN
ftr-297	393	9	method	method	NOUN
ftr-297	393	10	for	for	ADP
ftr-297	393	11	previously	previously	ADV
ftr-297	393	12	contributed	contribute	VERB
ftr-297	393	13	property	property	NOUN
ftr-297	393	14	,	,	PUNCT
ftr-297	393	15	the	the	DET
ftr-297	393	16	portion	portion	NOUN
ftr-297	393	17	of	of	ADP
ftr-297	393	18	the	the	DET
ftr-297	393	19	adjustment	adjustment	NOUN
ftr-297	393	20	allocable	allocable	ADJ
ftr-297	393	21	to	to	ADP
ftr-297	393	22	the	the	DET
ftr-297	393	23	section	section	NOUN
ftr-297	393	24	704(c	704(c	NOUN
ftr-297	393	25	)	)	PUNCT
ftr-297	393	26	built	build	VERB
ftr-297	393	27	-	-	PUNCT
ftr-297	393	28	in	in	ADP
ftr-297	393	29	gain	gain	NOUN
ftr-297	393	30	is	be	AUX
ftr-297	393	31	recovered	recover	VERB
ftr-297	393	32	over	over	ADP
ftr-297	393	33	the	the	DET
ftr-297	393	34	partnership	partnership	NOUN
ftr-297	393	35	's	's	PART
ftr-297	393	36	recovery	recovery	NOUN
ftr-297	393	37	period	period	NOUN
ftr-297	393	38	.	.	PUNCT
ftr-297	394	1	any	any	DET
ftr-297	394	2	excess	excess	ADJ
ftr-297	394	3	amount	amount	NOUN
ftr-297	394	4	may	may	AUX
ftr-297	394	5	be	be	AUX
ftr-297	394	6	recovered	recover	VERB
ftr-297	394	7	pursuant	pursuant	ADV
ftr-297	394	8	to	to	ADP
ftr-297	394	9	the	the	DET
ftr-297	394	10	method	method	NOUN
ftr-297	394	11	and	and	CCONJ
ftr-297	394	12	period	period	NOUN
ftr-297	394	13	of	of	ADP
ftr-297	394	14	the	the	DET
ftr-297	394	15	transferee	transferee	NOUN
ftr-297	394	16	's	's	PART
ftr-297	394	17	choice	choice	NOUN
ftr-297	394	18	.	.	PUNCT
ftr-297	395	1	see	see	VERB
ftr-297	395	2	reg	reg	NOUN
ftr-297	395	3	.	.	PUNCT
ftr-297	396	1	§	§	PROPN
ftr-297	396	2	1.743	1.743	NUM
ftr-297	396	3	-	-	SYM
ftr-297	396	4	1(j)(4)(i)(c	1(j)(4)(i)(c	NUM
ftr-297	396	5	)	)	PUNCT
ftr-297	396	6	,	,	PUNCT
ftr-297	396	7	ex	ex	X
ftr-297	396	8	.	.	PUNCT
ftr-297	396	9	(	(	PUNCT
ftr-297	396	10	2	2	NUM
ftr-297	396	11	)	)	PUNCT
ftr-297	396	12	.	.	PUNCT
ftr-297	397	1	50	50	NUM
ftr-297	397	2	.	.	X
ftr-297	398	1	reg	reg	NOUN
ftr-297	398	2	.	.	PUNCT
ftr-297	399	1	§	§	PROPN
ftr-297	399	2	1.743	1.743	NUM
ftr-297	399	3	-	-	SYM
ftr-297	399	4	1(j)(4)(ii	1(j)(4)(ii	NUM
ftr-297	399	5	)	)	PUNCT
ftr-297	399	6	.	.	PUNCT
ftr-297	400	1	51	51	NUM
ftr-297	400	2	.	.	PUNCT
ftr-297	401	1	reg	reg	NOUN
ftr-297	401	2	.	.	PUNCT
ftr-297	402	1	§	§	PROPN
ftr-297	402	2	1.743	1.743	NUM
ftr-297	402	3	-	-	SYM
ftr-297	402	4	1(j)(4)(ii)(a	1(j)(4)(ii)(a	NUM
ftr-297	402	5	)	)	PUNCT
ftr-297	402	6	.	.	PUNCT
ftr-297	403	1	52	52	NUM
ftr-297	403	2	.	.	PUNCT
ftr-297	404	1	reg	reg	NOUN
ftr-297	404	2	.	.	PUNCT
ftr-297	405	1	§	§	PROPN
ftr-297	405	2	1.743	1.743	NUM
ftr-297	405	3	-	-	SYM
ftr-297	405	4	1(j)(4)(ii)(b	1(j)(4)(ii)(b	NUM
ftr-297	405	5	)	)	PUNCT
ftr-297	405	6	.	.	PUNCT
ftr-297	406	1	examples	example	NOUN
ftr-297	406	2	are	be	AUX
ftr-297	406	3	provided	provide	VERB
ftr-297	406	4	in	in	ADP
ftr-297	406	5	the	the	DET
ftr-297	406	6	regulations	regulation	NOUN
ftr-297	406	7	illustrating	illustrate	VERB
ftr-297	406	8	the	the	DET
ftr-297	406	9	application	application	NOUN
ftr-297	406	10	of	of	ADP
ftr-297	406	11	these	these	DET
ftr-297	406	12	principles	principle	NOUN
ftr-297	406	13	.	.	PUNCT
ftr-297	407	1	the	the	DET
ftr-297	407	2	first	first	ADJ
ftr-297	407	3	example	example	NOUN
ftr-297	407	4	is	be	AUX
ftr-297	407	5	a	a	DET
ftr-297	407	6	straightforward	straightforward	ADJ
ftr-297	407	7	reduction	reduction	NOUN
ftr-297	407	8	of	of	ADP
ftr-297	407	9	the	the	DET
ftr-297	407	10	transferee	transferee	NOUN
ftr-297	407	11	's	's	PART
ftr-297	407	12	share	share	NOUN
ftr-297	407	13	of	of	ADP
ftr-297	407	14	depreciation	depreciation	NOUN
ftr-297	407	15	by	by	ADP
ftr-297	407	16	his	his	PRON
ftr-297	407	17	negative	negative	ADJ
ftr-297	407	18	adjustment	adjustment	NOUN
ftr-297	407	19	.	.	PUNCT
ftr-297	408	1	the	the	DET
ftr-297	408	2	second	second	ADJ
ftr-297	408	3	example	example	NOUN
ftr-297	408	4	illustrates	illustrate	VERB
ftr-297	408	5	that	that	SCONJ
ftr-297	408	6	the	the	DET
ftr-297	408	7	recovery	recovery	NOUN
ftr-297	408	8	period	period	NOUN
ftr-297	408	9	for	for	ADP
ftr-297	408	10	the	the	DET
ftr-297	408	11	negative	negative	ADJ
ftr-297	408	12	adjustment	adjustment	NOUN
ftr-297	408	13	is	be	AUX
ftr-297	408	14	identical	identical	ADJ
ftr-297	408	15	to	to	ADP
ftr-297	408	16	the	the	DET
ftr-297	408	17	remaining	remain	VERB
ftr-297	408	18	recovery	recovery	NOUN
ftr-297	408	19	period	period	NOUN
ftr-297	408	20	of	of	ADP
ftr-297	408	21	the	the	DET
ftr-297	408	22	partnership	partnership	NOUN
ftr-297	408	23	for	for	ADP
ftr-297	408	24	the	the	DET
ftr-297	408	25	property	property	NOUN
ftr-297	408	26	.	.	PUNCT
ftr-297	409	1	the	the	DET
ftr-297	409	2	third	third	ADJ
ftr-297	409	3	example	example	NOUN
ftr-297	409	4	generates	generate	VERB
ftr-297	409	5	ordinary	ordinary	ADJ
ftr-297	409	6	income	income	NOUN
ftr-297	409	7	since	since	SCONJ
ftr-297	409	8	the	the	DET
ftr-297	409	9	negative	negative	ADJ
ftr-297	409	10	adjustment	adjustment	NOUN
ftr-297	409	11	exceeds	exceed	VERB
ftr-297	409	12	the	the	DET
ftr-297	409	13	transferee	transferee	NOUN
ftr-297	409	14	's	's	PART
ftr-297	409	15	depreciation	depreciation	NOUN
ftr-297	409	16	from	from	ADP
ftr-297	409	17	the	the	DET
ftr-297	409	18	asset	asset	NOUN
ftr-297	409	19	for	for	ADP
ftr-297	409	20	the	the	DET
ftr-297	409	21	year	year	NOUN
ftr-297	409	22	.	.	PUNCT
ftr-297	410	1	2014	2014	NUM
ftr-297	410	2	]	]	PUNCT
ftr-297	410	3	121	121	NUM
ftr-297	410	4	florida	florida	PROPN
ftr-297	410	5	tax	tax	NOUN
ftr-297	410	6	review	review	NOUN
ftr-297	410	7	3	3	X
ftr-297	410	8	.	.	X
ftr-297	410	9	amortization	amortization	NOUN
ftr-297	410	10	the	the	DET
ftr-297	410	11	use	use	NOUN
ftr-297	410	12	of	of	ADP
ftr-297	410	13	an	an	DET
ftr-297	410	14	election	election	NOUN
ftr-297	410	15	may	may	AUX
ftr-297	410	16	result	result	VERB
ftr-297	410	17	in	in	ADP
ftr-297	410	18	amortization	amortization	NOUN
ftr-297	410	19	benefits	benefit	NOUN
ftr-297	410	20	as	as	ADV
ftr-297	410	21	well	well	ADV
ftr-297	410	22	.	.	PUNCT
ftr-297	411	1	a	a	DET
ftr-297	411	2	taxpayer	taxpayer	NOUN
ftr-297	411	3	acquires	acquire	VERB
ftr-297	411	4	an	an	DET
ftr-297	411	5	interest	interest	NOUN
ftr-297	411	6	in	in	ADP
ftr-297	411	7	an	an	DET
ftr-297	411	8	intangible	intangible	ADJ
ftr-297	411	9	asset	asset	NOUN
ftr-297	411	10	held	hold	VERB
ftr-297	411	11	by	by	ADP
ftr-297	411	12	a	a	DET
ftr-297	411	13	partnership	partnership	NOUN
ftr-297	411	14	"	"	PUNCT
ftr-297	411	15	only	only	ADV
ftr-297	411	16	if	if	SCONJ
ftr-297	411	17	,	,	PUNCT
ftr-297	411	18	and	and	CCONJ
ftr-297	411	19	to	to	ADP
ftr-297	411	20	the	the	DET
ftr-297	411	21	extent	extent	NOUN
ftr-297	411	22	that	that	SCONJ
ftr-297	411	23	,	,	PUNCT
ftr-297	411	24	the	the	DET
ftr-297	411	25	acquiring	acquire	VERB
ftr-297	411	26	taxpayer	taxpayer	NOUN
ftr-297	411	27	obtains	obtain	VERB
ftr-297	411	28	,	,	PUNCT
ftr-297	411	29	as	as	ADP
ftr-297	411	30	a	a	DET
ftr-297	411	31	result	result	NOUN
ftr-297	411	32	of	of	ADP
ftr-297	411	33	the	the	DET
ftr-297	411	34	transaction	transaction	NOUN
ftr-297	411	35	,	,	PUNCT
ftr-297	411	36	an	an	DET
ftr-297	411	37	increased	increased	ADJ
ftr-297	411	38	basis	basis	NOUN
ftr-297	411	39	for	for	ADP
ftr-297	411	40	such	such	ADJ
ftr-297	411	41	intangible	intangible	NOUN
ftr-297	411	42	.	.	PUNCT
ftr-297	411	43	"	"	PUNCT
ftr-297	412	1	thus	thus	ADV
ftr-297	412	2	,	,	PUNCT
ftr-297	412	3	amortization	amortization	NOUN
ftr-297	412	4	is	be	AUX
ftr-297	412	5	available	available	ADJ
ftr-297	412	6	for	for	ADP
ftr-297	412	7	transactions	transaction	NOUN
ftr-297	412	8	producing	produce	VERB
ftr-297	412	9	basis	basis	NOUN
ftr-297	412	10	adjustments	adjustment	NOUN
ftr-297	412	11	to	to	ADP
ftr-297	412	12	certain	certain	ADJ
ftr-297	412	13	intangible	intangible	ADJ
ftr-297	412	14	assets	asset	NOUN
ftr-297	412	15	.	.	PUNCT
ftr-297	413	1	a	a	DET
ftr-297	413	2	qualifying	qualify	VERB
ftr-297	413	3	intangible	intangible	ADJ
ftr-297	413	4	asset	asset	NOUN
ftr-297	413	5	may	may	AUX
ftr-297	413	6	be	be	AUX
ftr-297	413	7	amortized	amortize	VERB
ftr-297	413	8	over	over	ADP
ftr-297	413	9	a	a	DET
ftr-297	413	10	15	15	NUM
ftr-297	413	11	-	-	PUNCT
ftr-297	413	12	year	year	NOUN
ftr-297	413	13	period.54	period.54	NOUN
ftr-297	413	14	the	the	DET
ftr-297	413	15	regulations	regulation	NOUN
ftr-297	413	16	specifically	specifically	ADV
ftr-297	413	17	address	address	VERB
ftr-297	413	18	the	the	DET
ftr-297	413	19	issue	issue	NOUN
ftr-297	413	20	of	of	ADP
ftr-297	413	21	the	the	DET
ftr-297	413	22	amortization	amortization	NOUN
ftr-297	413	23	consequences	consequence	NOUN
ftr-297	413	24	attributable	attributable	ADJ
ftr-297	413	25	to	to	ADP
ftr-297	413	26	partnership	partnership	NOUN
ftr-297	413	27	basis	basis	NOUN
ftr-297	413	28	adjustments	adjustment	NOUN
ftr-297	413	29	.	.	PUNCT
ftr-297	414	1	any	any	DET
ftr-297	414	2	increased	increase	VERB
ftr-297	414	3	portion	portion	NOUN
ftr-297	414	4	of	of	ADP
ftr-297	414	5	the	the	DET
ftr-297	414	6	basis	basis	NOUN
ftr-297	414	7	thereunder	thereunder	NOUN
ftr-297	414	8	"	"	PUNCT
ftr-297	414	9	is	be	AUX
ftr-297	414	10	treated	treat	VERB
ftr-297	414	11	as	as	ADP
ftr-297	414	12	a	a	DET
ftr-297	414	13	separate	separate	ADJ
ftr-297	414	14	section	section	NOUN
ftr-297	414	15	197	197	NUM
ftr-297	414	16	intangible	intangible	ADJ
ftr-297	414	17	and	and	CCONJ
ftr-297	414	18	the	the	DET
ftr-297	414	19	intangible	intangible	NOUN
ftr-297	414	20	is	be	AUX
ftr-297	414	21	treated	treat	VERB
ftr-297	414	22	as	as	ADP
ftr-297	414	23	having	having	AUX
ftr-297	414	24	been	be	AUX
ftr-297	414	25	acquired	acquire	VERB
ftr-297	414	26	at	at	ADP
ftr-297	414	27	the	the	DET
ftr-297	414	28	time	time	NOUN
ftr-297	414	29	of	of	ADP
ftr-297	414	30	the	the	PRON
ftr-297	414	31	"	"	PUNCT
ftr-297	414	32	,	,	PUNCT
ftr-297	414	33	55transaction	55transaction	NOUN
ftr-297	414	34	that	that	PRON
ftr-297	414	35	causes	cause	VERB
ftr-297	414	36	the	the	DET
ftr-297	414	37	basis	basis	NOUN
ftr-297	414	38	increase	increase	NOUN
ftr-297	414	39	...	...	PUNCT
ftr-297	414	40	for	for	ADP
ftr-297	414	41	example	example	NOUN
ftr-297	414	42	,	,	PUNCT
ftr-297	414	43	assume	assume	VERB
ftr-297	414	44	that	that	SCONJ
ftr-297	414	45	partnership	partnership	NOUN
ftr-297	414	46	abc	abc	PROPN
ftr-297	414	47	,	,	PUNCT
ftr-297	414	48	to	to	PART
ftr-297	414	49	which	which	PRON
ftr-297	414	50	each	each	DET
ftr-297	414	51	partner	partner	NOUN
ftr-297	414	52	contributed	contribute	VERB
ftr-297	414	53	$	$	SYM
ftr-297	414	54	9,000	9,000	NUM
ftr-297	414	55	for	for	ADP
ftr-297	414	56	his	his	PRON
ftr-297	414	57	interest	interest	NOUN
ftr-297	414	58	,	,	PUNCT
ftr-297	414	59	purchases	purchase	VERB
ftr-297	414	60	an	an	DET
ftr-297	414	61	intangible	intangible	ADJ
ftr-297	414	62	asset	asset	NOUN
ftr-297	414	63	for	for	ADP
ftr-297	414	64	$	$	SYM
ftr-297	414	65	18,000.56	18,000.56	NUM
ftr-297	414	66	after	after	ADP
ftr-297	414	67	three	three	NUM
ftr-297	414	68	years	year	NOUN
ftr-297	414	69	of	of	ADP
ftr-297	414	70	amortization	amortization	NOUN
ftr-297	414	71	,	,	PUNCT
ftr-297	414	72	the	the	DET
ftr-297	414	73	asset	asset	NOUN
ftr-297	414	74	has	have	VERB
ftr-297	414	75	a	a	DET
ftr-297	414	76	basis	basis	NOUN
ftr-297	414	77	of	of	ADP
ftr-297	414	78	$	$	SYM
ftr-297	414	79	14,400	14,400	NUM
ftr-297	414	80	and	and	CCONJ
ftr-297	414	81	each	each	DET
ftr-297	414	82	partner	partner	NOUN
ftr-297	414	83	has	have	VERB
ftr-297	414	84	a	a	DET
ftr-297	414	85	basis	basis	NOUN
ftr-297	414	86	for	for	ADP
ftr-297	414	87	his	his	PRON
ftr-297	414	88	partnership	partnership	NOUN
ftr-297	414	89	interest	interest	NOUN
ftr-297	414	90	of	of	ADP
ftr-297	414	91	$	$	SYM
ftr-297	414	92	7,800	7,800	NUM
ftr-297	414	93	.	.	PUNCT
ftr-297	415	1	the	the	DET
ftr-297	415	2	asset	asset	NOUN
ftr-297	415	3	has	have	AUX
ftr-297	415	4	increased	increase	VERB
ftr-297	415	5	in	in	ADP
ftr-297	415	6	value	value	NOUN
ftr-297	415	7	to	to	ADP
ftr-297	415	8	$	$	SYM
ftr-297	415	9	54,000	54,000	NUM
ftr-297	415	10	,	,	PUNCT
ftr-297	415	11	the	the	DET
ftr-297	415	12	value	value	NOUN
ftr-297	415	13	of	of	ADP
ftr-297	415	14	the	the	DET
ftr-297	415	15	partnership	partnership	NOUN
ftr-297	415	16	's	's	PART
ftr-297	415	17	total	total	ADJ
ftr-297	415	18	assets	asset	NOUN
ftr-297	415	19	is	be	AUX
ftr-297	415	20	$	$	SYM
ftr-297	415	21	90,000	90,000	NUM
ftr-297	415	22	,	,	PUNCT
ftr-297	415	23	and	and	CCONJ
ftr-297	415	24	c	c	PROPN
ftr-297	415	25	sells	sell	VERB
ftr-297	415	26	his	his	PRON
ftr-297	415	27	partnership	partnership	NOUN
ftr-297	415	28	interest	interest	NOUN
ftr-297	415	29	to	to	ADP
ftr-297	415	30	d	d	PROPN
ftr-297	415	31	for	for	ADP
ftr-297	415	32	$	$	SYM
ftr-297	415	33	30,000	30,000	NUM
ftr-297	415	34	.	.	PUNCT
ftr-297	416	1	without	without	ADP
ftr-297	416	2	an	an	DET
ftr-297	416	3	election	election	NOUN
ftr-297	416	4	,	,	PUNCT
ftr-297	416	5	d	d	PRON
ftr-297	416	6	receives	receive	VERB
ftr-297	416	7	only	only	ADV
ftr-297	416	8	his	his	PRON
ftr-297	416	9	share	share	NOUN
ftr-297	416	10	,	,	PUNCT
ftr-297	416	11	$	$	SYM
ftr-297	416	12	400	400	NUM
ftr-297	416	13	per	per	ADP
ftr-297	416	14	year	year	NOUN
ftr-297	416	15	,	,	PUNCT
ftr-297	416	16	of	of	ADP
ftr-297	416	17	the	the	DET
ftr-297	416	18	amortization	amortization	NOUN
ftr-297	416	19	even	even	ADV
ftr-297	416	20	though	though	SCONJ
ftr-297	416	21	he	he	PRON
ftr-297	416	22	paid	pay	VERB
ftr-297	416	23	full	full	ADJ
ftr-297	416	24	value	value	NOUN
ftr-297	416	25	for	for	ADP
ftr-297	416	26	his	his	PRON
ftr-297	416	27	partnership	partnership	NOUN
ftr-297	416	28	interest	interest	NOUN
ftr-297	416	29	.	.	PUNCT
ftr-297	417	1	however	however	ADV
ftr-297	417	2	,	,	PUNCT
ftr-297	417	3	with	with	ADP
ftr-297	417	4	the	the	DET
ftr-297	417	5	election	election	NOUN
ftr-297	417	6	,	,	PUNCT
ftr-297	417	7	his	his	PRON
ftr-297	417	8	interest	interest	NOUN
ftr-297	417	9	in	in	ADP
ftr-297	417	10	the	the	DET
ftr-297	417	11	asset	asset	NOUN
ftr-297	417	12	is	be	AUX
ftr-297	417	13	bifurcated	bifurcate	VERB
ftr-297	417	14	,	,	PUNCT
ftr-297	417	15	i.e.	i.e.	X
ftr-297	417	16	,	,	PUNCT
ftr-297	417	17	he	he	PRON
ftr-297	417	18	continues	continue	VERB
ftr-297	417	19	to	to	PART
ftr-297	417	20	have	have	VERB
ftr-297	417	21	a	a	DET
ftr-297	417	22	one	one	NUM
ftr-297	417	23	-	-	PUNCT
ftr-297	417	24	third	third	NOUN
ftr-297	417	25	interest	interest	NOUN
ftr-297	417	26	(	(	PUNCT
ftr-297	417	27	$	$	SYM
ftr-297	417	28	4,800	4,800	NUM
ftr-297	417	29	)	)	PUNCT
ftr-297	417	30	in	in	ADP
ftr-297	417	31	the	the	DET
ftr-297	417	32	partnership	partnership	NOUN
ftr-297	417	33	's	's	PART
ftr-297	417	34	common	common	ADJ
ftr-297	417	35	basis	basis	NOUN
ftr-297	417	36	(	(	PUNCT
ftr-297	417	37	$	$	SYM
ftr-297	417	38	14,400	14,400	NUM
ftr-297	417	39	)	)	PUNCT
ftr-297	417	40	that	that	PRON
ftr-297	417	41	generates	generate	VERB
ftr-297	417	42	$	$	SYM
ftr-297	417	43	400	400	NUM
ftr-297	417	44	of	of	ADP
ftr-297	417	45	amortization	amortization	NOUN
ftr-297	417	46	per	per	ADP
ftr-297	417	47	partner	partner	NOUN
ftr-297	417	48	per	per	ADP
ftr-297	417	49	year	year	NOUN
ftr-297	417	50	over	over	ADP
ftr-297	417	51	its	its	PRON
ftr-297	417	52	remaining	remain	VERB
ftr-297	417	53	life	life	NOUN
ftr-297	417	54	of	of	ADP
ftr-297	417	55	12	12	NUM
ftr-297	417	56	years	year	NOUN
ftr-297	417	57	.	.	PUNCT
ftr-297	418	1	in	in	ADP
ftr-297	418	2	addition	addition	NOUN
ftr-297	418	3	,	,	PUNCT
ftr-297	418	4	he	he	PRON
ftr-297	418	5	is	be	AUX
ftr-297	418	6	considered	consider	VERB
ftr-297	418	7	to	to	PART
ftr-297	418	8	have	have	VERB
ftr-297	418	9	a	a	DET
ftr-297	418	10	basis	basis	NOUN
ftr-297	418	11	in	in	ADP
ftr-297	418	12	the	the	DET
ftr-297	418	13	intangible	intangible	ADJ
ftr-297	418	14	asset	asset	NOUN
ftr-297	418	15	equal	equal	ADJ
ftr-297	418	16	to	to	ADP
ftr-297	418	17	the	the	DET
ftr-297	418	18	basis	basis	NOUN
ftr-297	418	19	adjustment	adjustment	NOUN
ftr-297	418	20	of	of	ADP
ftr-297	418	21	$	$	SYM
ftr-297	418	22	23,333	23,333	NUM
ftr-297	418	23	,	,	PUNCT
ftr-297	418	24	which	which	PRON
ftr-297	418	25	is	be	AUX
ftr-297	418	26	amortizable	amortizable	ADJ
ftr-297	418	27	over	over	ADP
ftr-297	418	28	a	a	DET
ftr-297	418	29	new	new	ADJ
ftr-297	418	30	15	15	NUM
ftr-297	418	31	-	-	PUNCT
ftr-297	418	32	year	year	NOUN
ftr-297	418	33	period	period	NOUN
ftr-297	418	34	,	,	PUNCT
ftr-297	418	35	thereby	thereby	ADV
ftr-297	418	36	generating	generate	VERB
ftr-297	418	37	a	a	DET
ftr-297	418	38	deductible	deductible	ADJ
ftr-297	418	39	expense	expense	NOUN
ftr-297	418	40	of	of	ADP
ftr-297	418	41	approximately	approximately	ADV
ftr-297	418	42	$	$	SYM
ftr-297	418	43	1,620	1,620	NUM
ftr-297	418	44	per	per	ADP
ftr-297	418	45	year	year	NOUN
ftr-297	418	46	.	.	PUNCT
ftr-297	419	1	h.	h.	PROPN
ftr-297	419	2	other	other	ADJ
ftr-297	419	3	transfers	transfer	NOUN
ftr-297	419	4	ofa	ofa	PROPN
ftr-297	419	5	partnership	partnership	NOUN
ftr-297	419	6	interest	interest	NOUN
ftr-297	419	7	in	in	ADP
ftr-297	419	8	light	light	NOUN
ftr-297	419	9	of	of	ADP
ftr-297	419	10	the	the	DET
ftr-297	419	11	legislative	legislative	ADJ
ftr-297	419	12	purpose	purpose	NOUN
ftr-297	419	13	of	of	ADP
ftr-297	419	14	keeping	keep	VERB
ftr-297	419	15	inside	inside	ADP
ftr-297	419	16	and	and	CCONJ
ftr-297	419	17	outside	outside	ADJ
ftr-297	419	18	basis	basis	NOUN
ftr-297	419	19	in	in	ADP
ftr-297	419	20	sync	sync	NOUN
ftr-297	419	21	,	,	PUNCT
ftr-297	419	22	not	not	PART
ftr-297	419	23	every	every	DET
ftr-297	419	24	transfer	transfer	NOUN
ftr-297	419	25	of	of	ADP
ftr-297	419	26	a	a	DET
ftr-297	419	27	partnership	partnership	NOUN
ftr-297	419	28	interest	interest	NOUN
ftr-297	419	29	is	be	AUX
ftr-297	419	30	a	a	DET
ftr-297	419	31	sale	sale	NOUN
ftr-297	419	32	or	or	CCONJ
ftr-297	419	33	exchange	exchange	NOUN
ftr-297	419	34	for	for	ADP
ftr-297	419	35	53	53	NUM
ftr-297	419	36	.	.	PUNCT
ftr-297	420	1	staff	staff	NOUN
ftr-297	420	2	of	of	ADP
ftr-297	420	3	the	the	DET
ftr-297	420	4	joint	joint	ADJ
ftr-297	420	5	comm	comm	NOUN
ftr-297	420	6	.	.	PUNCT
ftr-297	421	1	on	on	ADP
ftr-297	421	2	tax'n	tax'n	NOUN
ftr-297	421	3	;	;	PUNCT
ftr-297	421	4	technical	technical	ADJ
ftr-297	421	5	explanation	explanation	NOUN
ftr-297	421	6	of	of	ADP
ftr-297	421	7	the	the	DET
ftr-297	421	8	tax	tax	NOUN
ftr-297	421	9	simplification	simplification	NOUN
ftr-297	421	10	act	act	NOUN
ftr-297	421	11	of	of	ADP
ftr-297	421	12	1993	1993	NUM
ftr-297	421	13	,	,	PUNCT
ftr-297	421	14	103d	103d	NUM
ftr-297	421	15	cong	cong	NOUN
ftr-297	421	16	.	.	PROPN
ftr-297	421	17	,	,	PUNCT
ftr-297	421	18	161	161	NUM
ftr-297	421	19	(	(	PUNCT
ftr-297	421	20	comm	comm	NOUN
ftr-297	421	21	.	.	PUNCT
ftr-297	421	22	print	print	NOUN
ftr-297	421	23	.	.	PUNCT
ftr-297	421	24	1993	1993	NUM
ftr-297	421	25	)	)	PUNCT
ftr-297	421	26	.	.	PUNCT
ftr-297	422	1	54	54	NUM
ftr-297	422	2	.	.	PUNCT
ftr-297	422	3	i.r.c	i.r.c	NOUN
ftr-297	422	4	.	.	PUNCT
ftr-297	423	1	§	§	PROPN
ftr-297	423	2	197	197	NUM
ftr-297	423	3	.	.	PUNCT
ftr-297	424	1	see	see	VERB
ftr-297	424	2	generally	generally	ADV
ftr-297	424	3	philip	philip	PROPN
ftr-297	424	4	f.	f.	PROPN
ftr-297	424	5	postlewaite	postlewaite	PROPN
ftr-297	424	6	,	,	PUNCT
ftr-297	424	7	david	david	PROPN
ftr-297	424	8	l.	l.	PROPN
ftr-297	424	9	cameron	cameron	PROPN
ftr-297	424	10	,	,	PUNCT
ftr-297	424	11	and	and	CCONJ
ftr-297	424	12	tom	tom	PROPN
ftr-297	424	13	kittle	kittle	PROPN
ftr-297	424	14	-	-	PUNCT
ftr-297	424	15	kamp	kamp	NOUN
ftr-297	424	16	,	,	PUNCT
ftr-297	424	17	taxation	taxation	NOUN
ftr-297	424	18	of	of	ADP
ftr-297	424	19	intellectual	intellectual	ADJ
ftr-297	424	20	property	property	NOUN
ftr-297	424	21	and	and	CCONJ
ftr-297	424	22	intangible	intangible	ADJ
ftr-297	424	23	assets	asset	NOUN
ftr-297	424	24	(	(	PUNCT
ftr-297	424	25	warren	warren	PROPN
ftr-297	424	26	,	,	PUNCT
ftr-297	424	27	gorham	gorham	PROPN
ftr-297	424	28	,	,	PUNCT
ftr-297	424	29	&	&	CCONJ
ftr-297	424	30	lamont	lamont	PROPN
ftr-297	424	31	1997	1997	NUM
ftr-297	424	32	)	)	PUNCT
ftr-297	425	1	[	[	X
ftr-297	425	2	hereinafter	hereinafter	NOUN
ftr-297	425	3	postlewaite	postlewaite	NOUN
ftr-297	425	4	et	et	PROPN
ftr-297	425	5	al	al	PROPN
ftr-297	425	6	.	.	PROPN
ftr-297	425	7	,	,	PUNCT
ftr-297	425	8	intellectual	intellectual	ADJ
ftr-297	425	9	property	property	NOUN
ftr-297	425	10	]	]	PUNCT
ftr-297	425	11	.	.	PUNCT
ftr-297	426	1	55	55	NUM
ftr-297	426	2	.	.	PUNCT
ftr-297	427	1	reg	reg	NOUN
ftr-297	427	2	.	.	PUNCT
ftr-297	428	1	§	§	PROPN
ftr-297	428	2	1.197	1.197	NUM
ftr-297	428	3	-	-	NUM
ftr-297	428	4	2(g)(3	2(g)(3	NUM
ftr-297	428	5	)	)	PUNCT
ftr-297	428	6	.	.	PUNCT
ftr-297	429	1	56	56	NUM
ftr-297	429	2	.	.	X
ftr-297	429	3	see	see	VERB
ftr-297	429	4	also	also	ADV
ftr-297	429	5	reg	reg	VERB
ftr-297	429	6	.	.	PUNCT
ftr-297	430	1	§	§	PROPN
ftr-297	430	2	1.197	1.197	NUM
ftr-297	430	3	-	-	SYM
ftr-297	430	4	2(k	2(k	NUM
ftr-297	430	5	)	)	PUNCT
ftr-297	430	6	,	,	PUNCT
ftr-297	430	7	ex	ex	X
ftr-297	430	8	.	.	PUNCT
ftr-297	430	9	(	(	PUNCT
ftr-297	430	10	13	13	NUM
ftr-297	430	11	)	)	PUNCT
ftr-297	430	12	(	(	PUNCT
ftr-297	430	13	16	16	NUM
ftr-297	430	14	)	)	PUNCT
ftr-297	430	15	.	.	PUNCT
ftr-297	431	1	57	57	NUM
ftr-297	431	2	.	.	X
ftr-297	432	1	reg	reg	NOUN
ftr-297	432	2	.	.	PUNCT
ftr-297	433	1	§	§	PROPN
ftr-297	433	2	1.197	1.197	NUM
ftr-297	433	3	-	-	SYM
ftr-297	433	4	2(k	2(k	NUM
ftr-297	433	5	)	)	PUNCT
ftr-297	433	6	,	,	PUNCT
ftr-297	433	7	ex	ex	X
ftr-297	433	8	.	.	PUNCT
ftr-297	433	9	(	(	PUNCT
ftr-297	433	10	14	14	NUM
ftr-297	433	11	)	)	PUNCT
ftr-297	433	12	.	.	PUNCT
ftr-297	434	1	122	122	NUM
ftr-297	435	1	[	[	X
ftr-297	435	2	vol	vol	NOUN
ftr-297	435	3	.	.	PUNCT
ftr-297	436	1	15:3	15:3	NUM
ftr-297	436	2	optional	optional	ADJ
ftr-297	436	3	basis	basis	NOUN
ftr-297	436	4	adjustments	adjustment	NOUN
ftr-297	436	5	under	under	ADP
ftr-297	436	6	subchapter	subchapter	NOUN
ftr-297	436	7	k	k	PROPN
ftr-297	436	8	purposes	purpose	NOUN
ftr-297	436	9	of	of	ADP
ftr-297	436	10	the	the	DET
ftr-297	436	11	basis	basis	NOUN
ftr-297	436	12	adjustment	adjustment	NOUN
ftr-297	436	13	.	.	PUNCT
ftr-297	437	1	thus	thus	ADV
ftr-297	437	2	,	,	PUNCT
ftr-297	437	3	not	not	PART
ftr-297	437	4	all	all	DET
ftr-297	437	5	transfers	transfer	NOUN
ftr-297	437	6	or	or	CCONJ
ftr-297	437	7	dispositions	disposition	NOUN
ftr-297	437	8	give	give	VERB
ftr-297	437	9	rise	rise	NOUN
ftr-297	437	10	to	to	ADP
ftr-297	437	11	a	a	DET
ftr-297	437	12	section	section	NOUN
ftr-297	437	13	743(b	743(b	NOUN
ftr-297	437	14	)	)	PUNCT
ftr-297	437	15	adjustment	adjustment	NOUN
ftr-297	437	16	.	.	PUNCT
ftr-297	438	1	the	the	DET
ftr-297	438	2	controlling	control	VERB
ftr-297	438	3	issue	issue	NOUN
ftr-297	438	4	is	be	AUX
ftr-297	438	5	whether	whether	SCONJ
ftr-297	438	6	a	a	DET
ftr-297	438	7	particular	particular	ADJ
ftr-297	438	8	mode	mode	NOUN
ftr-297	438	9	of	of	ADP
ftr-297	438	10	transferring	transfer	VERB
ftr-297	438	11	the	the	DET
ftr-297	438	12	partnership	partnership	NOUN
ftr-297	438	13	interest	interest	NOUN
ftr-297	438	14	falls	fall	VERB
ftr-297	438	15	within	within	ADP
ftr-297	438	16	the	the	DET
ftr-297	438	17	purview	purview	NOUN
ftr-297	438	18	of	of	ADP
ftr-297	438	19	the	the	DET
ftr-297	438	20	statute	statute	NOUN
ftr-297	438	21	.	.	PUNCT
ftr-297	439	1	for	for	ADP
ftr-297	439	2	example	example	NOUN
ftr-297	439	3	,	,	PUNCT
ftr-297	439	4	if	if	SCONJ
ftr-297	439	5	a	a	DET
ftr-297	439	6	partner	partner	NOUN
ftr-297	439	7	makes	make	VERB
ftr-297	439	8	a	a	DET
ftr-297	439	9	gift	gift	NOUN
ftr-297	439	10	of	of	ADP
ftr-297	439	11	an	an	DET
ftr-297	439	12	interest	interest	NOUN
ftr-297	439	13	in	in	ADP
ftr-297	439	14	a	a	DET
ftr-297	439	15	partnership	partnership	NOUN
ftr-297	439	16	that	that	PRON
ftr-297	439	17	has	have	VERB
ftr-297	439	18	no	no	DET
ftr-297	439	19	liabilities	liability	NOUN
ftr-297	439	20	,	,	PUNCT
ftr-297	439	21	the	the	DET
ftr-297	439	22	gift	gift	NOUN
ftr-297	439	23	is	be	AUX
ftr-297	439	24	not	not	PART
ftr-297	439	25	a	a	DET
ftr-297	439	26	sale	sale	NOUN
ftr-297	439	27	or	or	CCONJ
ftr-297	439	28	exchange	exchange	NOUN
ftr-297	439	29	.	.	PUNCT
ftr-297	440	1	the	the	DET
ftr-297	440	2	subsection	subsection	NOUN
ftr-297	440	3	is	be	AUX
ftr-297	440	4	not	not	PART
ftr-297	440	5	applicable	applicable	ADJ
ftr-297	440	6	to	to	ADP
ftr-297	440	7	that	that	DET
ftr-297	440	8	transfer	transfer	NOUN
ftr-297	440	9	.	.	PUNCT
ftr-297	441	1	on	on	ADP
ftr-297	441	2	the	the	DET
ftr-297	441	3	other	other	ADJ
ftr-297	441	4	hand	hand	NOUN
ftr-297	441	5	,	,	PUNCT
ftr-297	441	6	the	the	DET
ftr-297	441	7	transfer	transfer	NOUN
ftr-297	441	8	of	of	ADP
ftr-297	441	9	a	a	DET
ftr-297	441	10	partnership	partnership	NOUN
ftr-297	441	11	interest	interest	NOUN
ftr-297	441	12	as	as	ADP
ftr-297	441	13	a	a	DET
ftr-297	441	14	gift	gift	NOUN
ftr-297	441	15	constitutes	constitute	VERB
ftr-297	441	16	a	a	DET
ftr-297	441	17	sale	sale	NOUN
ftr-297	441	18	or	or	CCONJ
ftr-297	441	19	exchange	exchange	NOUN
ftr-297	441	20	to	to	ADP
ftr-297	441	21	the	the	DET
ftr-297	441	22	extent	extent	NOUN
ftr-297	441	23	that	that	SCONJ
ftr-297	441	24	the	the	DET
ftr-297	441	25	transferor	transferor	NOUN
ftr-297	441	26	's	's	PART
ftr-297	441	27	share	share	NOUN
ftr-297	441	28	of	of	ADP
ftr-297	441	29	partnership	partnership	NOUN
ftr-297	441	30	liabilities	liability	NOUN
ftr-297	441	31	exceeds	exceed	VERB
ftr-297	441	32	the	the	DET
ftr-297	441	33	adjusted	adjusted	ADJ
ftr-297	441	34	basis	basis	NOUN
ftr-297	441	35	of	of	ADP
ftr-297	441	36	the	the	DET
ftr-297	441	37	partnership	partnership	NOUN
ftr-297	441	38	interest	interest	NOUN
ftr-297	441	39	.	.	PUNCT
ftr-297	442	1	accordingly	accordingly	ADV
ftr-297	442	2	,	,	PUNCT
ftr-297	442	3	section	section	NOUN
ftr-297	442	4	743(b	743(b	PROPN
ftr-297	442	5	)	)	PUNCT
ftr-297	442	6	is	be	AUX
ftr-297	442	7	applicable	applicable	ADJ
ftr-297	442	8	to	to	ADP
ftr-297	442	9	the	the	DET
ftr-297	442	10	extent	extent	NOUN
ftr-297	442	11	of	of	ADP
ftr-297	442	12	any	any	DET
ftr-297	442	13	gain	gain	NOUN
ftr-297	442	14	in	in	ADP
ftr-297	442	15	that	that	DET
ftr-297	442	16	circumstance	circumstance	NOUN
ftr-297	442	17	,	,	PUNCT
ftr-297	442	18	because	because	SCONJ
ftr-297	442	19	a	a	DET
ftr-297	442	20	basis	basis	NOUN
ftr-297	442	21	adjustment	adjustment	NOUN
ftr-297	442	22	in	in	ADP
ftr-297	442	23	such	such	DET
ftr-297	442	24	a	a	DET
ftr-297	442	25	case	case	NOUN
ftr-297	442	26	would	would	AUX
ftr-297	442	27	comport	comport	VERB
ftr-297	442	28	with	with	ADP
ftr-297	442	29	the	the	DET
ftr-297	442	30	policy	policy	NOUN
ftr-297	442	31	rationale	rationale	NOUN
ftr-297	442	32	of	of	ADP
ftr-297	442	33	maintaining	maintain	VERB
ftr-297	442	34	harmony	harmony	NOUN
ftr-297	442	35	between	between	ADP
ftr-297	442	36	inside	inside	ADP
ftr-297	442	37	and	and	CCONJ
ftr-297	442	38	outside	outside	ADP
ftr-297	442	39	bases.ss	bases.ss	NUM
ftr-297	442	40	other	other	ADJ
ftr-297	442	41	types	type	NOUN
ftr-297	442	42	of	of	ADP
ftr-297	442	43	transfers	transfer	NOUN
ftr-297	442	44	of	of	ADP
ftr-297	442	45	a	a	DET
ftr-297	442	46	partnership	partnership	NOUN
ftr-297	442	47	interest	interest	NOUN
ftr-297	442	48	raise	raise	VERB
ftr-297	442	49	similar	similar	ADJ
ftr-297	442	50	issues	issue	NOUN
ftr-297	442	51	.	.	PUNCT
ftr-297	443	1	for	for	ADP
ftr-297	443	2	example	example	NOUN
ftr-297	443	3	,	,	PUNCT
ftr-297	443	4	a	a	DET
ftr-297	443	5	contribution	contribution	NOUN
ftr-297	443	6	of	of	ADP
ftr-297	443	7	a	a	DET
ftr-297	443	8	partnership	partnership	NOUN
ftr-297	443	9	interest	interest	NOUN
ftr-297	443	10	to	to	ADP
ftr-297	443	11	a	a	DET
ftr-297	443	12	corporation	corporation	NOUN
ftr-297	443	13	in	in	ADP
ftr-297	443	14	a	a	DET
ftr-297	443	15	non	non	ADJ
ftr-297	443	16	-	-	ADJ
ftr-297	443	17	recognition	recognition	ADJ
ftr-297	443	18	transaction	transaction	NOUN
ftr-297	443	19	is	be	AUX
ftr-297	443	20	an	an	DET
ftr-297	443	21	exchange	exchange	NOUN
ftr-297	443	22	.	.	PUNCT
ftr-297	444	1	however	however	ADV
ftr-297	444	2	,	,	PUNCT
ftr-297	444	3	except	except	SCONJ
ftr-297	444	4	where	where	SCONJ
ftr-297	444	5	gain	gain	NOUN
ftr-297	444	6	is	be	AUX
ftr-297	444	7	recognized	recognize	VERB
ftr-297	444	8	to	to	ADP
ftr-297	444	9	the	the	DET
ftr-297	444	10	transferor,59	transferor,59	NOUN
ftr-297	444	11	the	the	DET
ftr-297	444	12	transferor	transferor	NOUN
ftr-297	444	13	's	's	PART
ftr-297	444	14	basis	basis	NOUN
ftr-297	444	15	for	for	ADP
ftr-297	444	16	the	the	DET
ftr-297	444	17	partnership	partnership	NOUN
ftr-297	444	18	interest	interest	NOUN
ftr-297	444	19	carries	carry	VERB
ftr-297	444	20	over	over	ADP
ftr-297	444	21	to	to	ADP
ftr-297	444	22	the	the	DET
ftr-297	444	23	transferee	transferee	NOUN
ftr-297	444	24	.	.	PUNCT
ftr-297	445	1	thus	thus	ADV
ftr-297	445	2	,	,	PUNCT
ftr-297	445	3	there	there	PRON
ftr-297	445	4	is	be	VERB
ftr-297	445	5	no	no	DET
ftr-297	445	6	adjustment	adjustment	NOUN
ftr-297	445	7	to	to	ADP
ftr-297	445	8	the	the	DET
ftr-297	445	9	basis	basis	NOUN
ftr-297	445	10	of	of	ADP
ftr-297	445	11	partnership	partnership	NOUN
ftr-297	445	12	property	property	NOUN
ftr-297	445	13	,	,	PUNCT
ftr-297	445	14	even	even	ADV
ftr-297	445	15	if	if	SCONJ
ftr-297	445	16	an	an	DET
ftr-297	445	17	election	election	NOUN
ftr-297	445	18	were	be	AUX
ftr-297	445	19	in	in	ADP
ftr-297	445	20	effect	effect	NOUN
ftr-297	445	21	.	.	PUNCT
ftr-297	446	1	a	a	DET
ftr-297	446	2	similar	similar	ADJ
ftr-297	446	3	issue	issue	NOUN
ftr-297	446	4	arises	arise	VERB
ftr-297	446	5	with	with	ADP
ftr-297	446	6	respect	respect	NOUN
ftr-297	446	7	to	to	ADP
ftr-297	446	8	the	the	DET
ftr-297	446	9	transfer	transfer	NOUN
ftr-297	446	10	of	of	ADP
ftr-297	446	11	a	a	DET
ftr-297	446	12	partnership	partnership	NOUN
ftr-297	446	13	interest	interest	NOUN
ftr-297	446	14	to	to	ADP
ftr-297	446	15	another	another	DET
ftr-297	446	16	partnership	partnership	NOUN
ftr-297	446	17	.	.	PUNCT
ftr-297	447	1	a	a	DET
ftr-297	447	2	companion	companion	NOUN
ftr-297	447	3	issue	issue	NOUN
ftr-297	447	4	is	be	AUX
ftr-297	447	5	whether	whether	SCONJ
ftr-297	447	6	such	such	ADJ
ftr-297	447	7	transfers	transfer	NOUN
ftr-297	447	8	,	,	PUNCT
ftr-297	447	9	although	although	SCONJ
ftr-297	447	10	not	not	PART
ftr-297	447	11	generating	generate	VERB
ftr-297	447	12	basis	basis	NOUN
ftr-297	447	13	adjustments	adjustment	NOUN
ftr-297	447	14	themselves	themselves	PRON
ftr-297	447	15	,	,	PUNCT
ftr-297	447	16	carry	carry	VERB
ftr-297	447	17	over	over	ADP
ftr-297	447	18	pre	pre	ADJ
ftr-297	447	19	-	-	ADJ
ftr-297	447	20	existing	existing	ADJ
ftr-297	447	21	adjustments	adjustment	NOUN
ftr-297	447	22	of	of	ADP
ftr-297	447	23	the	the	DET
ftr-297	447	24	transferor	transferor	NOUN
ftr-297	447	25	.	.	PUNCT
ftr-297	448	1	the	the	DET
ftr-297	448	2	regulations	regulation	NOUN
ftr-297	448	3	address	address	VERB
ftr-297	448	4	the	the	DET
ftr-297	448	5	treatment	treatment	NOUN
ftr-297	448	6	of	of	ADP
ftr-297	448	7	special	special	ADJ
ftr-297	448	8	basis	basis	NOUN
ftr-297	448	9	adjustments	adjustment	NOUN
ftr-297	448	10	in	in	ADP
ftr-297	448	11	such	such	ADJ
ftr-297	448	12	cases.60	cases.60	NOUN
ftr-297	448	13	following	follow	VERB
ftr-297	448	14	a	a	DET
ftr-297	448	15	gift	gift	NOUN
ftr-297	448	16	of	of	ADP
ftr-297	448	17	a	a	DET
ftr-297	448	18	partnership	partnership	NOUN
ftr-297	448	19	interest	interest	NOUN
ftr-297	448	20	in	in	ADP
ftr-297	448	21	which	which	PRON
ftr-297	448	22	the	the	DET
ftr-297	448	23	donor	donor	NOUN
ftr-297	448	24	has	have	VERB
ftr-297	448	25	a	a	DET
ftr-297	448	26	basis	basis	NOUN
ftr-297	448	27	adjustment	adjustment	NOUN
ftr-297	448	28	,	,	PUNCT
ftr-297	448	29	the	the	DET
ftr-297	448	30	donee	donee	NOUN
ftr-297	448	31	is	be	AUX
ftr-297	448	32	entitled	entitle	VERB
ftr-297	448	33	to	to	PART
ftr-297	448	34	continue	continue	VERB
ftr-297	448	35	the	the	DET
ftr-297	448	36	treatment	treatment	NOUN
ftr-297	448	37	available	available	ADJ
ftr-297	448	38	to	to	ADP
ftr-297	448	39	the	the	DET
ftr-297	448	40	donor	donor	NOUN
ftr-297	448	41	regarding	regard	VERB
ftr-297	448	42	his	his	PRON
ftr-297	448	43	basis	basis	NOUN
ftr-297	448	44	adjustment	adjustment	NOUN
ftr-297	448	45	.	.	PUNCT
ftr-297	449	1	6	6	NUM
ftr-297	449	2	1	1	NUM
ftr-297	449	3	thus	thus	ADV
ftr-297	449	4	,	,	PUNCT
ftr-297	449	5	if	if	SCONJ
ftr-297	449	6	a	a	PRON
ftr-297	449	7	is	be	AUX
ftr-297	449	8	entitled	entitle	VERB
ftr-297	449	9	to	to	ADP
ftr-297	449	10	a	a	DET
ftr-297	449	11	$	$	SYM
ftr-297	449	12	4,000	4,000	NUM
ftr-297	449	13	basis	basis	NOUN
ftr-297	449	14	adjustment	adjustment	NOUN
ftr-297	449	15	and	and	CCONJ
ftr-297	449	16	gives	give	VERB
ftr-297	449	17	his	his	PRON
ftr-297	449	18	partnership	partnership	NOUN
ftr-297	449	19	interest	interest	NOUN
ftr-297	449	20	to	to	ADP
ftr-297	449	21	d	d	PROPN
ftr-297	449	22	,	,	PUNCT
ftr-297	449	23	his	his	PRON
ftr-297	449	24	child	child	NOUN
ftr-297	449	25	,	,	PUNCT
ftr-297	449	26	d	d	X
ftr-297	449	27	is	be	AUX
ftr-297	449	28	entitled	entitle	VERB
ftr-297	449	29	to	to	ADP
ftr-297	449	30	similar	similar	ADJ
ftr-297	449	31	treatment.6	treatment.6	PROPN
ftr-297	449	32	2	2	NUM
ftr-297	449	33	58	58	NUM
ftr-297	449	34	.	.	PUNCT
ftr-297	450	1	if	if	SCONJ
ftr-297	450	2	there	there	PRON
ftr-297	450	3	is	be	VERB
ftr-297	450	4	no	no	DET
ftr-297	450	5	gain	gain	NOUN
ftr-297	450	6	to	to	ADP
ftr-297	450	7	the	the	DET
ftr-297	450	8	transferor	transferor	NOUN
ftr-297	450	9	partner	partner	NOUN
ftr-297	450	10	,	,	PUNCT
ftr-297	450	11	the	the	DET
ftr-297	450	12	transferee	transferee	NOUN
ftr-297	450	13	's	's	PART
ftr-297	450	14	adjusted	adjusted	ADJ
ftr-297	450	15	basis	basis	NOUN
ftr-297	450	16	for	for	ADP
ftr-297	450	17	the	the	DET
ftr-297	450	18	partnership	partnership	NOUN
ftr-297	450	19	interest	interest	NOUN
ftr-297	450	20	acquired	acquire	VERB
ftr-297	450	21	generally	generally	ADV
ftr-297	450	22	will	will	AUX
ftr-297	450	23	be	be	AUX
ftr-297	450	24	the	the	DET
ftr-297	450	25	same	same	ADJ
ftr-297	450	26	as	as	ADP
ftr-297	450	27	the	the	DET
ftr-297	450	28	transferor	transferor	NOUN
ftr-297	450	29	's	's	PART
ftr-297	450	30	adjusted	adjusted	ADJ
ftr-297	450	31	basis	basis	NOUN
ftr-297	450	32	under	under	ADP
ftr-297	450	33	section	section	NOUN
ftr-297	450	34	1015	1015	NUM
ftr-297	450	35	.	.	PUNCT
ftr-297	451	1	however	however	ADV
ftr-297	451	2	,	,	PUNCT
ftr-297	451	3	if	if	SCONJ
ftr-297	451	4	the	the	DET
ftr-297	451	5	transferor	transferor	NOUN
ftr-297	451	6	paid	pay	VERB
ftr-297	451	7	a	a	DET
ftr-297	451	8	gift	gift	NOUN
ftr-297	451	9	tax	tax	NOUN
ftr-297	451	10	on	on	ADP
ftr-297	451	11	the	the	DET
ftr-297	451	12	transfer	transfer	NOUN
ftr-297	451	13	,	,	PUNCT
ftr-297	451	14	section	section	NOUN
ftr-297	451	15	1015(d	1015(d	NOUN
ftr-297	451	16	)	)	PUNCT
ftr-297	451	17	provides	provide	VERB
ftr-297	451	18	that	that	SCONJ
ftr-297	451	19	the	the	DET
ftr-297	451	20	donee	donee	NOUN
ftr-297	451	21	's	's	PART
ftr-297	451	22	basis	basis	NOUN
ftr-297	451	23	for	for	ADP
ftr-297	451	24	the	the	DET
ftr-297	451	25	property	property	NOUN
ftr-297	451	26	is	be	AUX
ftr-297	451	27	adjusted	adjust	VERB
ftr-297	451	28	by	by	ADP
ftr-297	451	29	a	a	DET
ftr-297	451	30	portion	portion	NOUN
ftr-297	451	31	of	of	ADP
ftr-297	451	32	the	the	DET
ftr-297	451	33	federal	federal	ADJ
ftr-297	451	34	gift	gift	NOUN
ftr-297	451	35	tax	tax	NOUN
ftr-297	451	36	paid	pay	VERB
ftr-297	451	37	,	,	PUNCT
ftr-297	451	38	which	which	PRON
ftr-297	451	39	increases	increase	VERB
ftr-297	451	40	the	the	DET
ftr-297	451	41	basis	basis	NOUN
ftr-297	451	42	of	of	ADP
ftr-297	451	43	the	the	DET
ftr-297	451	44	partnership	partnership	NOUN
ftr-297	451	45	interest	interest	NOUN
ftr-297	451	46	in	in	ADP
ftr-297	451	47	the	the	DET
ftr-297	451	48	hands	hand	NOUN
ftr-297	451	49	of	of	ADP
ftr-297	451	50	the	the	DET
ftr-297	451	51	donee	donee	NOUN
ftr-297	451	52	.	.	PUNCT
ftr-297	452	1	nevertheless	nevertheless	ADV
ftr-297	452	2	,	,	PUNCT
ftr-297	452	3	as	as	SCONJ
ftr-297	452	4	there	there	PRON
ftr-297	452	5	has	have	AUX
ftr-297	452	6	not	not	PART
ftr-297	452	7	been	be	AUX
ftr-297	452	8	a	a	DET
ftr-297	452	9	sale	sale	NOUN
ftr-297	452	10	or	or	CCONJ
ftr-297	452	11	exchange	exchange	NOUN
ftr-297	452	12	of	of	ADP
ftr-297	452	13	a	a	DET
ftr-297	452	14	partnership	partnership	NOUN
ftr-297	452	15	interest	interest	NOUN
ftr-297	452	16	,	,	PUNCT
ftr-297	452	17	this	this	DET
ftr-297	452	18	increase	increase	NOUN
ftr-297	452	19	can	can	AUX
ftr-297	452	20	not	not	PART
ftr-297	452	21	constitute	constitute	VERB
ftr-297	452	22	an	an	DET
ftr-297	452	23	adjustment	adjustment	NOUN
ftr-297	452	24	under	under	ADP
ftr-297	452	25	section	section	NOUN
ftr-297	452	26	743(b	743(b	PROPN
ftr-297	452	27	)	)	PUNCT
ftr-297	452	28	.	.	PUNCT
ftr-297	453	1	59	59	NUM
ftr-297	453	2	.	.	PUNCT
ftr-297	453	3	i.r.c	i.r.c	NOUN
ftr-297	453	4	.	.	PUNCT
ftr-297	454	1	§	§	PROPN
ftr-297	454	2	§	§	PROPN
ftr-297	454	3	351	351	NUM
ftr-297	454	4	,	,	PUNCT
ftr-297	454	5	357	357	NUM
ftr-297	454	6	.	.	NOUN
ftr-297	454	7	60	60	NUM
ftr-297	454	8	.	.	PUNCT
ftr-297	455	1	see	see	VERB
ftr-297	455	2	reg	reg	NOUN
ftr-297	455	3	.	.	PUNCT
ftr-297	456	1	§	§	PROPN
ftr-297	456	2	1.743	1.743	NUM
ftr-297	456	3	-	-	SYM
ftr-297	456	4	1(h	1(h	NUM
ftr-297	456	5	)	)	PUNCT
ftr-297	456	6	.	.	PUNCT
ftr-297	457	1	61	61	NUM
ftr-297	457	2	.	.	X
ftr-297	458	1	reg	reg	NOUN
ftr-297	458	2	.	.	PUNCT
ftr-297	459	1	§	§	PROPN
ftr-297	459	2	1.743	1.743	NUM
ftr-297	459	3	-	-	SYM
ftr-297	459	4	1(f	1(f	NUM
ftr-297	459	5	)	)	PUNCT
ftr-297	459	6	.	.	PUNCT
ftr-297	460	1	62	62	NUM
ftr-297	460	2	.	.	PUNCT
ftr-297	461	1	reg	reg	NOUN
ftr-297	461	2	.	.	PUNCT
ftr-297	462	1	§	§	PROPN
ftr-297	462	2	1.743	1.743	NUM
ftr-297	462	3	-	-	SYM
ftr-297	462	4	1(f	1(f	NUM
ftr-297	462	5	)	)	PUNCT
ftr-297	462	6	,	,	PUNCT
ftr-297	462	7	ex	ex	X
ftr-297	462	8	.	.	PUNCT
ftr-297	462	9	(	(	PUNCT
ftr-297	462	10	iii	iii	NOUN
ftr-297	462	11	)	)	PUNCT
ftr-297	462	12	.	.	PUNCT
ftr-297	463	1	apparently	apparently	ADV
ftr-297	463	2	this	this	DET
ftr-297	463	3	treatment	treatment	NOUN
ftr-297	463	4	is	be	AUX
ftr-297	463	5	available	available	ADJ
ftr-297	463	6	even	even	ADV
ftr-297	463	7	if	if	SCONJ
ftr-297	463	8	the	the	DET
ftr-297	463	9	donee	donee	NOUN
ftr-297	463	10	takes	take	VERB
ftr-297	463	11	a	a	DET
ftr-297	463	12	dual	dual	ADJ
ftr-297	463	13	basis	basis	NOUN
ftr-297	463	14	for	for	ADP
ftr-297	463	15	the	the	DET
ftr-297	463	16	partnership	partnership	NOUN
ftr-297	463	17	interest	interest	NOUN
ftr-297	463	18	because	because	SCONJ
ftr-297	463	19	its	its	PRON
ftr-297	463	20	fair	fair	ADJ
ftr-297	463	21	market	market	NOUN
ftr-297	463	22	value	value	NOUN
ftr-297	463	23	on	on	ADP
ftr-297	463	24	the	the	DET
ftr-297	463	25	date	date	NOUN
ftr-297	463	26	of	of	ADP
ftr-297	463	27	the	the	DET
ftr-297	463	28	gift	gift	NOUN
ftr-297	463	29	was	be	AUX
ftr-297	463	30	less	less	ADJ
ftr-297	463	31	than	than	ADP
ftr-297	463	32	its	its	PRON
ftr-297	463	33	adjusted	adjusted	ADJ
ftr-297	463	34	basis	basis	NOUN
ftr-297	463	35	.	.	PUNCT
ftr-297	464	1	see	see	VERB
ftr-297	464	2	reg	reg	NOUN
ftr-297	464	3	.	.	PUNCT
ftr-297	465	1	§	§	PROPN
ftr-297	465	2	1.10151(a)(1	1.10151(a)(1	NUM
ftr-297	465	3	)	)	PUNCT
ftr-297	465	4	.	.	PUNCT
ftr-297	466	1	2014	2014	NUM
ftr-297	466	2	]	]	PUNCT
ftr-297	466	3	123	123	NUM
ftr-297	466	4	florida	florida	PROPN
ftr-297	466	5	tax	tax	NOUN
ftr-297	466	6	review	review	NOUN
ftr-297	466	7	while	while	SCONJ
ftr-297	466	8	the	the	DET
ftr-297	466	9	basis	basis	NOUN
ftr-297	466	10	adjustment	adjustment	NOUN
ftr-297	466	11	continues	continue	VERB
ftr-297	466	12	with	with	ADP
ftr-297	466	13	the	the	DET
ftr-297	466	14	transferred	transfer	VERB
ftr-297	466	15	property	property	NOUN
ftr-297	466	16	in	in	ADP
ftr-297	466	17	the	the	DET
ftr-297	466	18	partnership	partnership	NOUN
ftr-297	466	19	context	context	NOUN
ftr-297	466	20	,	,	PUNCT
ftr-297	466	21	the	the	DET
ftr-297	466	22	contributor	contributor	NOUN
ftr-297	466	23	partnership	partnership	NOUN
ftr-297	466	24	,	,	PUNCT
ftr-297	466	25	as	as	SCONJ
ftr-297	466	26	it	it	PRON
ftr-297	466	27	receives	receive	VERB
ftr-297	466	28	the	the	DET
ftr-297	466	29	benefits	benefit	NOUN
ftr-297	466	30	of	of	ADP
ftr-297	466	31	the	the	DET
ftr-297	466	32	adjustment	adjustment	NOUN
ftr-297	466	33	,	,	PUNCT
ftr-297	466	34	must	must	AUX
ftr-297	466	35	segregate	segregate	VERB
ftr-297	466	36	the	the	DET
ftr-297	466	37	items	item	NOUN
ftr-297	466	38	and	and	CCONJ
ftr-297	466	39	ensure	ensure	VERB
ftr-297	466	40	that	that	SCONJ
ftr-297	466	41	they	they	PRON
ftr-297	466	42	are	be	AUX
ftr-297	466	43	allocated	allocate	VERB
ftr-297	466	44	to	to	ADP
ftr-297	466	45	the	the	DET
ftr-297	466	46	partner	partner	NOUN
ftr-297	466	47	to	to	PART
ftr-297	466	48	whom	whom	PRON
ftr-297	466	49	the	the	DET
ftr-297	466	50	adjustment	adjustment	NOUN
ftr-297	466	51	is	be	AUX
ftr-297	466	52	attributable	attributable	ADJ
ftr-297	466	53	.	.	PUNCT
ftr-297	467	1	assume	assume	VERB
ftr-297	467	2	that	that	SCONJ
ftr-297	467	3	a	a	DET
ftr-297	467	4	possesses	possesse	NOUN
ftr-297	467	5	an	an	DET
ftr-297	467	6	adjustment	adjustment	NOUN
ftr-297	467	7	of	of	ADP
ftr-297	467	8	$	$	SYM
ftr-297	467	9	1,000	1,000	NUM
ftr-297	467	10	in	in	ADP
ftr-297	467	11	partnership	partnership	NOUN
ftr-297	467	12	abc	abc	PROPN
ftr-297	467	13	regarding	regard	VERB
ftr-297	467	14	capital	capital	NOUN
ftr-297	467	15	asset	asset	NOUN
ftr-297	467	16	x	x	PUNCT
ftr-297	467	17	which	which	PRON
ftr-297	467	18	has	have	VERB
ftr-297	467	19	a	a	DET
ftr-297	467	20	common	common	ADJ
ftr-297	467	21	partnership	partnership	NOUN
ftr-297	467	22	basis	basis	NOUN
ftr-297	467	23	of	of	ADP
ftr-297	467	24	$	$	SYM
ftr-297	467	25	6,000	6,000	NUM
ftr-297	467	26	.	.	PUNCT
ftr-297	468	1	if	if	SCONJ
ftr-297	468	2	partnership	partnership	NOUN
ftr-297	468	3	abc	abc	PROPN
ftr-297	468	4	transfers	transfer	VERB
ftr-297	468	5	capital	capital	NOUN
ftr-297	468	6	asset	asset	NOUN
ftr-297	468	7	x	x	PUNCT
ftr-297	468	8	to	to	ADP
ftr-297	468	9	partnership	partnership	NOUN
ftr-297	468	10	abcde	abcde	VERB
ftr-297	468	11	for	for	ADP
ftr-297	468	12	a	a	DET
ftr-297	468	13	one	one	NUM
ftr-297	468	14	-	-	PUNCT
ftr-297	468	15	third	third	NOUN
ftr-297	468	16	interest	interest	NOUN
ftr-297	468	17	therein	therein	ADV
ftr-297	468	18	,	,	PUNCT
ftr-297	468	19	capital	capital	NOUN
ftr-297	468	20	asset	asset	NOUN
ftr-297	468	21	x	x	AUX
ftr-297	468	22	will	will	AUX
ftr-297	468	23	have	have	VERB
ftr-297	468	24	a	a	DET
ftr-297	468	25	$	$	SYM
ftr-297	468	26	7,000	7,000	NUM
ftr-297	468	27	basis	basis	NOUN
ftr-297	468	28	and	and	CCONJ
ftr-297	468	29	partnership	partnership	NOUN
ftr-297	468	30	abc	abc	PROPN
ftr-297	468	31	will	will	AUX
ftr-297	468	32	have	have	VERB
ftr-297	468	33	a	a	DET
ftr-297	468	34	$	$	SYM
ftr-297	468	35	7,000	7,000	NUM
ftr-297	468	36	basis	basis	NOUN
ftr-297	468	37	for	for	SCONJ
ftr-297	468	38	its	its	PRON
ftr-297	468	39	interest	interest	NOUN
ftr-297	468	40	in	in	ADP
ftr-297	468	41	the	the	DET
ftr-297	468	42	partnership	partnership	NOUN
ftr-297	468	43	abcde	abcde	VERB
ftr-297	468	44	.	.	PUNCT
ftr-297	469	1	however	however	ADV
ftr-297	469	2	,	,	PUNCT
ftr-297	469	3	any	any	DET
ftr-297	469	4	tax	tax	NOUN
ftr-297	469	5	consequences	consequence	NOUN
ftr-297	469	6	flowing	flow	VERB
ftr-297	469	7	from	from	ADP
ftr-297	469	8	the	the	DET
ftr-297	469	9	$	$	SYM
ftr-297	469	10	1,000	1,000	NUM
ftr-297	469	11	adjustment	adjustment	NOUN
ftr-297	469	12	to	to	ADP
ftr-297	469	13	partnership	partnership	NOUN
ftr-297	469	14	abcde	abcde	NOUN
ftr-297	469	15	must	must	AUX
ftr-297	469	16	be	be	AUX
ftr-297	469	17	allocated	allocate	VERB
ftr-297	469	18	exclusively	exclusively	ADV
ftr-297	469	19	to	to	ADP
ftr-297	469	20	the	the	DET
ftr-297	469	21	partner	partner	NOUN
ftr-297	469	22	,	,	PUNCT
ftr-297	469	23	i.e.	i.e.	X
ftr-297	469	24	,	,	PUNCT
ftr-297	469	25	partnership	partnership	NOUN
ftr-297	469	26	abc	abc	PROPN
ftr-297	469	27	,	,	PUNCT
ftr-297	469	28	responsible	responsible	ADJ
ftr-297	469	29	for	for	ADP
ftr-297	469	30	it	it	PRON
ftr-297	469	31	.	.	PUNCT
ftr-297	470	1	furthermore	furthermore	ADV
ftr-297	470	2	,	,	PUNCT
ftr-297	470	3	consequences	consequence	NOUN
ftr-297	470	4	from	from	ADP
ftr-297	470	5	the	the	DET
ftr-297	470	6	adjustment	adjustment	NOUN
ftr-297	470	7	allocable	allocable	ADJ
ftr-297	470	8	to	to	PART
ftr-297	470	9	partnership	partnership	VERB
ftr-297	470	10	abc	abc	PROPN
ftr-297	470	11	must	must	AUX
ftr-297	470	12	be	be	AUX
ftr-297	470	13	allocated	allocate	VERB
ftr-297	470	14	exclusively	exclusively	ADV
ftr-297	470	15	to	to	ADP
ftr-297	470	16	a.63	a.63	PROPN
ftr-297	470	17	i.	i.	NOUN
ftr-297	470	18	on	on	ADP
ftr-297	470	19	death	death	NOUN
ftr-297	470	20	ofpartner	ofpartner	NOUN
ftr-297	470	21	the	the	DET
ftr-297	470	22	basis	basis	NOUN
ftr-297	470	23	adjustment	adjustment	NOUN
ftr-297	470	24	of	of	ADP
ftr-297	470	25	section	section	NOUN
ftr-297	470	26	743(b	743(b	PROPN
ftr-297	470	27	)	)	PUNCT
ftr-297	470	28	is	be	AUX
ftr-297	470	29	not	not	PART
ftr-297	470	30	restricted	restrict	VERB
ftr-297	470	31	to	to	ADP
ftr-297	470	32	a	a	DET
ftr-297	470	33	sale	sale	NOUN
ftr-297	470	34	or	or	CCONJ
ftr-297	470	35	exchange	exchange	NOUN
ftr-297	470	36	of	of	ADP
ftr-297	470	37	a	a	DET
ftr-297	470	38	partnership	partnership	NOUN
ftr-297	470	39	interest	interest	NOUN
ftr-297	470	40	where	where	SCONJ
ftr-297	470	41	valuable	valuable	ADJ
ftr-297	470	42	consideration	consideration	NOUN
ftr-297	470	43	is	be	AUX
ftr-297	470	44	received	receive	VERB
ftr-297	470	45	for	for	ADP
ftr-297	470	46	the	the	DET
ftr-297	470	47	transferred	transfer	VERB
ftr-297	470	48	interest	interest	NOUN
ftr-297	470	49	.	.	PUNCT
ftr-297	471	1	the	the	DET
ftr-297	471	2	adjustment	adjustment	NOUN
ftr-297	471	3	also	also	ADV
ftr-297	471	4	is	be	AUX
ftr-297	471	5	available	available	ADJ
ftr-297	471	6	in	in	ADP
ftr-297	471	7	the	the	DET
ftr-297	471	8	case	case	NOUN
ftr-297	471	9	of	of	ADP
ftr-297	471	10	a	a	DET
ftr-297	471	11	transfer	transfer	NOUN
ftr-297	471	12	of	of	ADP
ftr-297	471	13	a	a	DET
ftr-297	471	14	partnership	partnership	NOUN
ftr-297	471	15	interest	interest	NOUN
ftr-297	471	16	upon	upon	SCONJ
ftr-297	471	17	the	the	DET
ftr-297	471	18	death	death	NOUN
ftr-297	471	19	of	of	ADP
ftr-297	471	20	a	a	DET
ftr-297	471	21	partner	partner	NOUN
ftr-297	471	22	.	.	PUNCT
ftr-297	472	1	4	4	NUM
ftr-297	472	2	for	for	ADP
ftr-297	472	3	example	example	NOUN
ftr-297	472	4	,	,	PUNCT
ftr-297	472	5	assume	assume	VERB
ftr-297	472	6	that	that	SCONJ
ftr-297	472	7	the	the	DET
ftr-297	472	8	balance	balance	NOUN
ftr-297	472	9	sheet	sheet	NOUN
ftr-297	472	10	of	of	ADP
ftr-297	472	11	equal	equal	ADJ
ftr-297	472	12	partnership	partnership	NOUN
ftr-297	472	13	abc	abc	PROPN
ftr-297	472	14	at	at	ADP
ftr-297	472	15	the	the	DET
ftr-297	472	16	date	date	NOUN
ftr-297	472	17	of	of	ADP
ftr-297	472	18	c	c	PROPN
ftr-297	472	19	's	's	PART
ftr-297	472	20	death	death	NOUN
ftr-297	472	21	is	be	AUX
ftr-297	472	22	as	as	SCONJ
ftr-297	472	23	follows	follow	VERB
ftr-297	472	24	:	:	PUNCT
ftr-297	472	25	assets	asset	NOUN
ftr-297	472	26	:	:	PUNCT
ftr-297	472	27	adjusted	adjust	VERB
ftr-297	472	28	fair	fair	ADJ
ftr-297	472	29	capital	capital	NOUN
ftr-297	472	30	:	:	PUNCT
ftr-297	472	31	adjusted	adjust	VERB
ftr-297	472	32	fair	fair	ADJ
ftr-297	472	33	basis	basis	NOUN
ftr-297	472	34	market	market	NOUN
ftr-297	472	35	basis	basis	NOUN
ftr-297	472	36	market	market	NOUN
ftr-297	472	37	value	value	NOUN
ftr-297	472	38	value	value	NOUN
ftr-297	472	39	cash	cash	NOUN
ftr-297	472	40	$	$	SYM
ftr-297	472	41	5,000	5,000	NUM
ftr-297	472	42	$	$	SYM
ftr-297	472	43	5,000	5,000	NUM
ftr-297	472	44	a	a	DET
ftr-297	472	45	$	$	SYM
ftr-297	472	46	11,000	11,000	NUM
ftr-297	472	47	$	$	SYM
ftr-297	472	48	16,000	16,000	NUM
ftr-297	472	49	inventory	inventory	NOUN
ftr-297	472	50	16,000	16,000	NUM
ftr-297	472	51	19,000	19,000	NUM
ftr-297	472	52	b	b	NUM
ftr-297	472	53	11,000	11,000	NUM
ftr-297	472	54	16,000	16,000	NUM
ftr-297	472	55	capital	capital	NOUN
ftr-297	472	56	asset	asset	NOUN
ftr-297	473	1	10	10	NUM
ftr-297	473	2	24,0(0	24,0(0	PROPN
ftr-297	473	3	c	c	VERB
ftr-297	474	1	_	_	PUNCT
ftr-297	474	2	16,000	16,000	NUM
ftr-297	474	3	total	total	ADJ
ftr-297	474	4	$	$	SYM
ftr-297	474	5	33,000	33,000	NUM
ftr-297	474	6	$	$	SYM
ftr-297	474	7	48,000	48,000	NUM
ftr-297	474	8	total	total	ADJ
ftr-297	474	9	$	$	SYM
ftr-297	474	10	33,000	33,000	NUM
ftr-297	474	11	$	$	SYM
ftr-297	474	12	48,000	48,000	NUM
ftr-297	474	13	c	c	PROPN
ftr-297	474	14	's	's	PART
ftr-297	474	15	partnership	partnership	NOUN
ftr-297	474	16	interest	interest	NOUN
ftr-297	474	17	is	be	AUX
ftr-297	474	18	valued	value	VERB
ftr-297	474	19	at	at	ADP
ftr-297	474	20	$	$	SYM
ftr-297	474	21	16,000	16,000	NUM
ftr-297	474	22	for	for	ADP
ftr-297	474	23	estate	estate	NOUN
ftr-297	474	24	tax	tax	NOUN
ftr-297	474	25	purposes	purpose	NOUN
ftr-297	474	26	.	.	PUNCT
ftr-297	475	1	if	if	SCONJ
ftr-297	475	2	the	the	DET
ftr-297	475	3	partnership	partnership	NOUN
ftr-297	475	4	files	file	VERB
ftr-297	475	5	the	the	DET
ftr-297	475	6	election	election	NOUN
ftr-297	475	7	,	,	PUNCT
ftr-297	475	8	the	the	DET
ftr-297	475	9	adjustment	adjustment	NOUN
ftr-297	475	10	is	be	AUX
ftr-297	475	11	$	$	SYM
ftr-297	475	12	5,000	5,000	NUM
ftr-297	475	13	determined	determine	VERB
ftr-297	475	14	as	as	SCONJ
ftr-297	475	15	follows	follow	VERB
ftr-297	475	16	:	:	PUNCT
ftr-297	475	17	63	63	NUM
ftr-297	475	18	.	.	PUNCT
ftr-297	476	1	reg	reg	NOUN
ftr-297	476	2	.	.	PUNCT
ftr-297	477	1	§	§	PROPN
ftr-297	477	2	1.743	1.743	NUM
ftr-297	477	3	-	-	SYM
ftr-297	477	4	1(h)(1	1(h)(1	NUM
ftr-297	477	5	)	)	PUNCT
ftr-297	477	6	.	.	PUNCT
ftr-297	478	1	64	64	NUM
ftr-297	478	2	.	.	PUNCT
ftr-297	478	3	i.r.c	i.r.c	NOUN
ftr-297	478	4	.	.	PUNCT
ftr-297	479	1	§	§	PROPN
ftr-297	479	2	743(b	743(b	PROPN
ftr-297	479	3	)	)	PUNCT
ftr-297	479	4	.	.	PUNCT
ftr-297	480	1	124	124	NUM
ftr-297	481	1	[	[	X
ftr-297	481	2	vol	vol	NOUN
ftr-297	481	3	.	.	PUNCT
ftr-297	482	1	15:3	15:3	NUM
ftr-297	482	2	optional	optional	ADJ
ftr-297	482	3	basis	basis	NOUN
ftr-297	482	4	adjustments	adjustment	NOUN
ftr-297	482	5	under	under	ADP
ftr-297	482	6	subchapter	subchapter	NOUN
ftr-297	482	7	k	k	PROPN
ftr-297	482	8	adjusted	adjust	VERB
ftr-297	482	9	basis	basis	NOUN
ftr-297	482	10	for	for	ADP
ftr-297	482	11	partnership	partnership	NOUN
ftr-297	482	12	interest	interest	NOUN
ftr-297	482	13	acquired	acquire	VERB
ftr-297	482	14	:	:	PUNCT
ftr-297	482	15	estate	estate	NOUN
ftr-297	482	16	tax	tax	NOUN
ftr-297	482	17	value	value	NOUN
ftr-297	482	18	$	$	SYM
ftr-297	482	19	16,000	16,000	NUM
ftr-297	482	20	proportionate	proportionate	ADJ
ftr-297	482	21	share	share	NOUN
ftr-297	482	22	of	of	ADP
ftr-297	482	23	adjusted	adjusted	ADJ
ftr-297	482	24	basis	basis	NOUN
ftr-297	482	25	of	of	ADP
ftr-297	482	26	partnership	partnership	NOUN
ftr-297	482	27	:	:	PUNCT
ftr-297	482	28	previously	previously	ADV
ftr-297	482	29	taxed	tax	VERB
ftr-297	482	30	capital	capital	NOUN
ftr-297	482	31	cash	cash	NOUN
ftr-297	482	32	on	on	ADP
ftr-297	482	33	liquidation	liquidation	NOUN
ftr-297	482	34	pursuant	pursuant	ADJ
ftr-297	482	35	to	to	ADP
ftr-297	482	36	hypothetical	hypothetical	ADJ
ftr-297	482	37	$	$	SYM
ftr-297	482	38	16,000	16,000	NUM
ftr-297	482	39	decreased	decrease	VERB
ftr-297	482	40	by	by	ADP
ftr-297	482	41	share	share	NOUN
ftr-297	482	42	of	of	ADP
ftr-297	482	43	gain	gain	NOUN
ftr-297	482	44	on	on	ADP
ftr-297	482	45	sale	sale	NOUN
ftr-297	482	46	(	(	PUNCT
ftr-297	482	47	5,000	5,000	NUM
ftr-297	482	48	)	)	PUNCT
ftr-297	482	49	11,000	11,000	NUM
ftr-297	482	50	section	section	NOUN
ftr-297	482	51	743(b	743(b	PROPN
ftr-297	482	52	)	)	PUNCT
ftr-297	482	53	adjustment	adjustment	NOUN
ftr-297	482	54	to	to	ADP
ftr-297	482	55	basis	basis	NOUN
ftr-297	482	56	of	of	ADP
ftr-297	482	57	partnership	partnership	NOUN
ftr-297	482	58	property	property	NOUN
ftr-297	482	59	:	:	PUNCT
ftr-297	482	60	$	$	SYM
ftr-297	482	61	5,000	5,000	NUM
ftr-297	482	62	this	this	DET
ftr-297	482	63	treatment	treatment	NOUN
ftr-297	482	64	is	be	AUX
ftr-297	482	65	consistent	consistent	ADJ
ftr-297	482	66	with	with	ADP
ftr-297	482	67	the	the	DET
ftr-297	482	68	rationale	rationale	NOUN
ftr-297	482	69	for	for	ADP
ftr-297	482	70	the	the	DET
ftr-297	482	71	adjustment	adjustment	NOUN
ftr-297	482	72	,	,	PUNCT
ftr-297	482	73	since	since	SCONJ
ftr-297	482	74	the	the	DET
ftr-297	482	75	property	property	NOUN
ftr-297	482	76	owned	own	VERB
ftr-297	482	77	by	by	ADP
ftr-297	482	78	a	a	DET
ftr-297	482	79	decedent	decedent	NOUN
ftr-297	482	80	receives	receive	VERB
ftr-297	482	81	a	a	DET
ftr-297	482	82	basis	basis	NOUN
ftr-297	482	83	equal	equal	ADJ
ftr-297	482	84	to	to	ADP
ftr-297	482	85	its	its	PRON
ftr-297	482	86	fair	fair	ADJ
ftr-297	482	87	market	market	NOUN
ftr-297	482	88	value	value	NOUN
ftr-297	482	89	at	at	ADP
ftr-297	482	90	the	the	DET
ftr-297	482	91	date	date	NOUN
ftr-297	482	92	of	of	ADP
ftr-297	482	93	death	death	NOUN
ftr-297	482	94	or	or	CCONJ
ftr-297	482	95	at	at	ADP
ftr-297	482	96	the	the	DET
ftr-297	482	97	optional	optional	ADJ
ftr-297	482	98	valuation	valuation	NOUN
ftr-297	482	99	date.65	date.65	PROPN
ftr-297	482	100	thus	thus	ADV
ftr-297	482	101	,	,	PUNCT
ftr-297	482	102	the	the	DET
ftr-297	482	103	same	same	ADJ
ftr-297	482	104	adjustments	adjustment	NOUN
ftr-297	482	105	are	be	AUX
ftr-297	482	106	made	make	VERB
ftr-297	482	107	to	to	ADP
ftr-297	482	108	the	the	DET
ftr-297	482	109	basis	basis	NOUN
ftr-297	482	110	of	of	ADP
ftr-297	482	111	partnership	partnership	NOUN
ftr-297	482	112	property	property	NOUN
ftr-297	482	113	when	when	SCONJ
ftr-297	482	114	a	a	DET
ftr-297	482	115	partner	partner	NOUN
ftr-297	482	116	dies	die	VERB
ftr-297	482	117	as	as	ADP
ftr-297	482	118	when	when	SCONJ
ftr-297	482	119	a	a	DET
ftr-297	482	120	partnership	partnership	NOUN
ftr-297	482	121	interest	interest	NOUN
ftr-297	482	122	is	be	AUX
ftr-297	482	123	sold	sell	VERB
ftr-297	482	124	or	or	CCONJ
ftr-297	482	125	exchanged	exchange	VERB
ftr-297	482	126	.	.	PUNCT
ftr-297	483	1	1	1	NUM
ftr-297	483	2	mandatory	mandatory	ADJ
ftr-297	483	3	adjustment	adjustment	NOUN
ftr-297	483	4	to	to	PART
ftr-297	483	5	basis	basis	VERB
ftr-297	483	6	under	under	ADP
ftr-297	483	7	section	section	NOUN
ftr-297	483	8	743(b	743(b	PROPN
ftr-297	483	9	)	)	PUNCT
ftr-297	483	10	while	while	SCONJ
ftr-297	483	11	the	the	DET
ftr-297	483	12	section	section	NOUN
ftr-297	483	13	743(b	743(b	NOUN
ftr-297	483	14	)	)	PUNCT
ftr-297	483	15	adjustment	adjustment	NOUN
ftr-297	483	16	prevents	prevent	VERB
ftr-297	483	17	unfair	unfair	ADJ
ftr-297	483	18	results	result	NOUN
ftr-297	483	19	to	to	ADP
ftr-297	483	20	the	the	DET
ftr-297	483	21	purchaser	purchaser	NOUN
ftr-297	483	22	of	of	ADP
ftr-297	483	23	a	a	DET
ftr-297	483	24	partnership	partnership	NOUN
ftr-297	483	25	interest	interest	NOUN
ftr-297	483	26	where	where	SCONJ
ftr-297	483	27	the	the	DET
ftr-297	483	28	assets	asset	NOUN
ftr-297	483	29	are	be	AUX
ftr-297	483	30	appreciated	appreciate	VERB
ftr-297	483	31	,	,	PUNCT
ftr-297	483	32	a	a	DET
ftr-297	483	33	failure	failure	NOUN
ftr-297	483	34	to	to	PART
ftr-297	483	35	adjust	adjust	VERB
ftr-297	483	36	arguably	arguably	ADV
ftr-297	483	37	may	may	AUX
ftr-297	483	38	produce	produce	VERB
ftr-297	483	39	a	a	DET
ftr-297	483	40	double	double	ADJ
ftr-297	483	41	benefit	benefit	NOUN
ftr-297	483	42	to	to	ADP
ftr-297	483	43	the	the	DET
ftr-297	483	44	transferor	transferor	NOUN
ftr-297	483	45	and	and	CCONJ
ftr-297	483	46	the	the	DET
ftr-297	483	47	transferee	transferee	NOUN
ftr-297	483	48	if	if	SCONJ
ftr-297	483	49	the	the	DET
ftr-297	483	50	assets	asset	NOUN
ftr-297	483	51	are	be	AUX
ftr-297	483	52	depreciated	depreciate	VERB
ftr-297	483	53	.	.	PUNCT
ftr-297	484	1	in	in	ADP
ftr-297	484	2	2004	2004	NUM
ftr-297	484	3	,	,	PUNCT
ftr-297	484	4	congress	congress	PROPN
ftr-297	484	5	evidenced	evidence	VERB
ftr-297	484	6	its	its	PRON
ftr-297	484	7	concern	concern	NOUN
ftr-297	484	8	with	with	ADP
ftr-297	484	9	loss	loss	NOUN
ftr-297	484	10	duplication	duplication	NOUN
ftr-297	484	11	in	in	ADP
ftr-297	484	12	the	the	DET
ftr-297	484	13	partnership	partnership	NOUN
ftr-297	484	14	context	context	NOUN
ftr-297	484	15	.	.	PUNCT
ftr-297	485	1	previously	previously	ADV
ftr-297	485	2	,	,	PUNCT
ftr-297	485	3	the	the	DET
ftr-297	485	4	partnership	partnership	NOUN
ftr-297	485	5	had	have	VERB
ftr-297	485	6	the	the	DET
ftr-297	485	7	unfettered	unfettered	ADJ
ftr-297	485	8	ability	ability	NOUN
ftr-297	485	9	to	to	PART
ftr-297	485	10	determine	determine	VERB
ftr-297	485	11	whether	whether	SCONJ
ftr-297	485	12	it	it	PRON
ftr-297	485	13	desired	desire	VERB
ftr-297	485	14	a	a	DET
ftr-297	485	15	basis	basis	NOUN
ftr-297	485	16	adjustment	adjustment	NOUN
ftr-297	485	17	for	for	ADP
ftr-297	485	18	a	a	DET
ftr-297	485	19	transferee	transferee	PROPN
ftr-297	485	20	partner	partner	NOUN
ftr-297	485	21	.	.	PUNCT
ftr-297	486	1	thus	thus	ADV
ftr-297	486	2	,	,	PUNCT
ftr-297	486	3	without	without	ADP
ftr-297	486	4	an	an	DET
ftr-297	486	5	election	election	NOUN
ftr-297	486	6	,	,	PUNCT
ftr-297	486	7	it	it	PRON
ftr-297	486	8	was	be	AUX
ftr-297	486	9	possible	possible	ADJ
ftr-297	486	10	for	for	SCONJ
ftr-297	486	11	the	the	DET
ftr-297	486	12	seller	seller	NOUN
ftr-297	486	13	and	and	CCONJ
ftr-297	486	14	the	the	DET
ftr-297	486	15	purchaser	purchaser	NOUN
ftr-297	486	16	to	to	PART
ftr-297	486	17	take	take	VERB
ftr-297	486	18	a	a	DET
ftr-297	486	19	similar	similar	ADJ
ftr-297	486	20	loss	loss	NOUN
ftr-297	486	21	into	into	ADP
ftr-297	486	22	account	account	NOUN
ftr-297	486	23	once	once	SCONJ
ftr-297	486	24	the	the	DET
ftr-297	486	25	partnership	partnership	NOUN
ftr-297	486	26	assets	asset	NOUN
ftr-297	486	27	were	be	AUX
ftr-297	486	28	sold	sell	VERB
ftr-297	486	29	.	.	PUNCT
ftr-297	487	1	while	while	SCONJ
ftr-297	487	2	the	the	DET
ftr-297	487	3	loss	loss	NOUN
ftr-297	487	4	would	would	AUX
ftr-297	487	5	ultimately	ultimately	ADV
ftr-297	487	6	be	be	AUX
ftr-297	487	7	offset	offset	VERB
ftr-297	487	8	by	by	ADP
ftr-297	487	9	a	a	DET
ftr-297	487	10	corresponding	corresponding	ADJ
ftr-297	487	11	amount	amount	NOUN
ftr-297	487	12	of	of	ADP
ftr-297	487	13	gain	gain	NOUN
ftr-297	487	14	on	on	ADP
ftr-297	487	15	the	the	DET
ftr-297	487	16	transferee	transferee	NOUN
ftr-297	487	17	's	's	PART
ftr-297	487	18	liquidation	liquidation	NOUN
ftr-297	487	19	or	or	CCONJ
ftr-297	487	20	sale	sale	NOUN
ftr-297	487	21	of	of	ADP
ftr-297	487	22	the	the	DET
ftr-297	487	23	interest	interest	NOUN
ftr-297	487	24	,	,	PUNCT
ftr-297	487	25	tax	tax	NOUN
ftr-297	487	26	benefits	benefit	NOUN
ftr-297	487	27	,	,	PUNCT
ftr-297	487	28	i.e.	i.e.	X
ftr-297	487	29	,	,	PUNCT
ftr-297	487	30	loss	loss	NOUN
ftr-297	487	31	duplication	duplication	NOUN
ftr-297	487	32	,	,	PUNCT
ftr-297	487	33	arose	arise	VERB
ftr-297	487	34	through	through	ADP
ftr-297	487	35	the	the	DET
ftr-297	487	36	failure	failure	NOUN
ftr-297	487	37	to	to	PART
ftr-297	487	38	elect	elect	VERB
ftr-297	487	39	.	.	PUNCT
ftr-297	488	1	notwithstanding	notwithstanding	ADP
ftr-297	488	2	the	the	DET
ftr-297	488	3	general	general	ADJ
ftr-297	488	4	anti	anti	ADJ
ftr-297	488	5	-	-	ADJ
ftr-297	488	6	abuse	abuse	ADJ
ftr-297	488	7	regulation	regulation	NOUN
ftr-297	488	8	,	,	PUNCT
ftr-297	488	9	which	which	PRON
ftr-297	488	10	asserted	assert	VERB
ftr-297	488	11	its	its	PRON
ftr-297	488	12	applicability	applicability	NOUN
ftr-297	488	13	in	in	ADP
ftr-297	488	14	such	such	ADJ
ftr-297	488	15	settings	setting	NOUN
ftr-297	488	16	,	,	PUNCT
ftr-297	488	17	6	6	NUM
ftr-297	488	18	congress	congress	PROPN
ftr-297	488	19	felt	felt	AUX
ftr-297	488	20	compelled	compel	VERB
ftr-297	488	21	to	to	PART
ftr-297	488	22	legislate	legislate	VERB
ftr-297	488	23	,	,	PUNCT
ftr-297	488	24	possibly	possibly	ADV
ftr-297	488	25	due	due	ADP
ftr-297	488	26	to	to	ADP
ftr-297	488	27	serious	serious	ADJ
ftr-297	488	28	doubt	doubt	NOUN
ftr-297	488	29	that	that	SCONJ
ftr-297	488	30	the	the	DET
ftr-297	488	31	failure	failure	NOUN
ftr-297	488	32	to	to	PART
ftr-297	488	33	elect	elect	VERB
ftr-297	488	34	under	under	ADP
ftr-297	488	35	an	an	DET
ftr-297	488	36	optional	optional	ADJ
ftr-297	488	37	statutory	statutory	ADJ
ftr-297	488	38	provision	provision	NOUN
ftr-297	488	39	could	could	AUX
ftr-297	488	40	constitute	constitute	VERB
ftr-297	488	41	abuse	abuse	NOUN
ftr-297	488	42	.	.	PUNCT
ftr-297	489	1	since	since	SCONJ
ftr-297	489	2	2004	2004	NUM
ftr-297	489	3	,	,	PUNCT
ftr-297	489	4	an	an	DET
ftr-297	489	5	adjustment	adjustment	NOUN
ftr-297	489	6	to	to	ADP
ftr-297	489	7	the	the	DET
ftr-297	489	8	basis	basis	NOUN
ftr-297	489	9	of	of	ADP
ftr-297	489	10	the	the	DET
ftr-297	489	11	partnership	partnership	NOUN
ftr-297	489	12	's	's	PART
ftr-297	489	13	assets	asset	NOUN
ftr-297	489	14	with	with	ADP
ftr-297	489	15	regard	regard	NOUN
ftr-297	489	16	to	to	ADP
ftr-297	489	17	the	the	DET
ftr-297	489	18	transferee	transferee	NOUN
ftr-297	489	19	is	be	AUX
ftr-297	489	20	mandatory	mandatory	ADJ
ftr-297	489	21	,	,	PUNCT
ftr-297	489	22	regardless	regardless	ADV
ftr-297	489	23	of	of	ADP
ftr-297	489	24	election	election	NOUN
ftr-297	489	25	,	,	PUNCT
ftr-297	489	26	if	if	SCONJ
ftr-297	489	27	a	a	DET
ftr-297	489	28	"	"	PUNCT
ftr-297	489	29	substantial	substantial	ADJ
ftr-297	489	30	built	build	VERB
ftr-297	489	31	-	-	PUNCT
ftr-297	489	32	in	in	ADP
ftr-297	489	33	loss	loss	NOUN
ftr-297	489	34	"	"	PUNCT
ftr-297	489	35	exists	exist	VERB
ftr-297	489	36	.	.	PUNCT
ftr-297	490	1	section	section	NOUN
ftr-297	490	2	743(d	743(d	PROPN
ftr-297	490	3	)	)	PUNCT
ftr-297	490	4	defines	define	VERB
ftr-297	490	5	substantial	substantial	ADJ
ftr-297	490	6	built	build	VERB
ftr-297	490	7	-	-	PUNCT
ftr-297	490	8	in	in	ADP
ftr-297	490	9	loss	loss	NOUN
ftr-297	490	10	as	as	ADP
ftr-297	490	11	existing	exist	VERB
ftr-297	490	12	when	when	SCONJ
ftr-297	490	13	the	the	DET
ftr-297	490	14	bases	basis	NOUN
ftr-297	490	15	of	of	ADP
ftr-297	490	16	the	the	DET
ftr-297	490	17	partnership	partnership	NOUN
ftr-297	490	18	assets	asset	NOUN
ftr-297	490	19	exceed	exceed	VERB
ftr-297	490	20	the	the	DET
ftr-297	490	21	fair	fair	ADJ
ftr-297	490	22	market	market	NOUN
ftr-297	490	23	values	value	NOUN
ftr-297	490	24	of	of	ADP
ftr-297	490	25	those	those	DET
ftr-297	490	26	assets	asset	NOUN
ftr-297	490	27	by	by	ADP
ftr-297	490	28	more	more	ADJ
ftr-297	490	29	than	than	ADP
ftr-297	490	30	$	$	SYM
ftr-297	490	31	250,000	250,000	NUM
ftr-297	490	32	in	in	ADP
ftr-297	490	33	the	the	DET
ftr-297	490	34	aggregate	aggregate	NOUN
ftr-297	490	35	.	.	PUNCT
ftr-297	491	1	in	in	ADP
ftr-297	491	2	such	such	ADJ
ftr-297	491	3	cases	case	NOUN
ftr-297	491	4	,	,	PUNCT
ftr-297	491	5	the	the	DET
ftr-297	491	6	adjustment	adjustment	NOUN
ftr-297	491	7	is	be	AUX
ftr-297	491	8	required	require	VERB
ftr-297	491	9	.	.	PUNCT
ftr-297	492	1	regulations	regulation	NOUN
ftr-297	492	2	address	address	VERB
ftr-297	492	3	the	the	DET
ftr-297	492	4	need	need	NOUN
ftr-297	492	5	for	for	ADP
ftr-297	492	6	aggregating	aggregate	VERB
ftr-297	492	7	related	related	ADJ
ftr-297	492	8	partnerships	partnership	NOUN
ftr-297	492	9	and	and	CCONJ
ftr-297	492	10	the	the	DET
ftr-297	492	11	need	need	NOUN
ftr-297	492	12	for	for	ADP
ftr-297	492	13	disregarding	disregard	VERB
ftr-297	492	14	property	property	NOUN
ftr-297	492	15	65	65	NUM
ftr-297	492	16	.	.	PUNCT
ftr-297	493	1	i.r.c	i.r.c	NOUN
ftr-297	493	2	.	.	PUNCT
ftr-297	494	1	§	§	PROPN
ftr-297	494	2	1014(a	1014(a	NUM
ftr-297	494	3	)	)	PUNCT
ftr-297	494	4	.	.	PUNCT
ftr-297	495	1	66	66	NUM
ftr-297	495	2	.	.	PUNCT
ftr-297	496	1	reg	reg	NOUN
ftr-297	496	2	.	.	PUNCT
ftr-297	497	1	§	§	PROPN
ftr-297	497	2	1.701	1.701	NUM
ftr-297	497	3	-	-	NUM
ftr-297	497	4	2(d	2(d	NUM
ftr-297	497	5	)	)	PUNCT
ftr-297	497	6	,	,	PUNCT
ftr-297	497	7	ex	ex	X
ftr-297	497	8	.	.	PUNCT
ftr-297	497	9	(	(	PUNCT
ftr-297	497	10	8)	8)	NUM
ftr-297	497	11	.	.	NOUN
ftr-297	497	12	67	67	NUM
ftr-297	497	13	.	.	PUNCT
ftr-297	497	14	i.r.c	i.r.c	NOUN
ftr-297	497	15	.	.	PUNCT
ftr-297	498	1	§	§	PROPN
ftr-297	498	2	743	743	NUM
ftr-297	498	3	(	(	PUNCT
ftr-297	498	4	b	b	NOUN
ftr-297	498	5	)	)	PUNCT
ftr-297	498	6	,	,	PUNCT
ftr-297	498	7	(	(	PUNCT
ftr-297	498	8	d	d	X
ftr-297	498	9	)	)	PUNCT
ftr-297	498	10	as	as	SCONJ
ftr-297	498	11	amended	amend	VERB
ftr-297	498	12	by	by	ADP
ftr-297	498	13	the	the	DET
ftr-297	498	14	american	american	PROPN
ftr-297	498	15	jobs	jobs	PROPN
ftr-297	498	16	creation	creation	PROPN
ftr-297	498	17	act	act	NOUN
ftr-297	498	18	of	of	ADP
ftr-297	498	19	2004	2004	NUM
ftr-297	498	20	,	,	PUNCT
ftr-297	498	21	pub	pub	NOUN
ftr-297	498	22	.	.	PUNCT
ftr-297	499	1	l.	l.	PROPN
ftr-297	499	2	no	no	INTJ
ftr-297	499	3	.	.	PROPN
ftr-297	500	1	108	108	NUM
ftr-297	500	2	-	-	SYM
ftr-297	500	3	357	357	NUM
ftr-297	500	4	,	,	PUNCT
ftr-297	500	5	§	§	PROPN
ftr-297	500	6	833(b	833(b	PROPN
ftr-297	500	7	)	)	PUNCT
ftr-297	500	8	,	,	PUNCT
ftr-297	500	9	118	118	NUM
ftr-297	500	10	stat	stat	NOUN
ftr-297	500	11	.	.	PUNCT
ftr-297	501	1	1418	1418	NUM
ftr-297	501	2	.	.	PUNCT
ftr-297	502	1	2014	2014	NUM
ftr-297	502	2	]	]	PUNCT
ftr-297	502	3	125	125	NUM
ftr-297	502	4	florida	florida	PROPN
ftr-297	502	5	tax	tax	NOUN
ftr-297	502	6	review	review	NOUN
ftr-297	502	7	acquired	acquire	VERB
ftr-297	502	8	with	with	ADP
ftr-297	502	9	the	the	DET
ftr-297	502	10	purpose	purpose	NOUN
ftr-297	502	11	of	of	ADP
ftr-297	502	12	eliminating	eliminate	VERB
ftr-297	502	13	a	a	DET
ftr-297	502	14	substantial	substantial	ADJ
ftr-297	502	15	built	build	VERB
ftr-297	502	16	-	-	PUNCT
ftr-297	502	17	in	in	ADP
ftr-297	502	18	loss	loss	NOUN
ftr-297	502	19	.	.	PUNCT
ftr-297	503	1	the	the	DET
ftr-297	503	2	adjustment	adjustment	NOUN
ftr-297	503	3	appears	appear	VERB
ftr-297	503	4	to	to	PART
ftr-297	503	5	be	be	AUX
ftr-297	503	6	mandatory	mandatory	ADJ
ftr-297	503	7	regardless	regardless	ADV
ftr-297	503	8	of	of	ADP
ftr-297	503	9	the	the	DET
ftr-297	503	10	absence	absence	NOUN
ftr-297	503	11	of	of	ADP
ftr-297	503	12	any	any	DET
ftr-297	503	13	tax	tax	NOUN
ftr-297	503	14	saving	saving	NOUN
ftr-297	503	15	motivation	motivation	NOUN
ftr-297	503	16	,	,	PUNCT
ftr-297	503	17	e.g.	e.g.	ADV
ftr-297	503	18	,	,	PUNCT
ftr-297	503	19	in	in	ADP
ftr-297	503	20	the	the	DET
ftr-297	503	21	case	case	NOUN
ftr-297	503	22	of	of	ADP
ftr-297	503	23	death	death	NOUN
ftr-297	503	24	.	.	PUNCT
ftr-297	504	1	for	for	ADP
ftr-297	504	2	example	example	NOUN
ftr-297	504	3	,	,	PUNCT
ftr-297	504	4	assume	assume	VERB
ftr-297	504	5	that	that	SCONJ
ftr-297	504	6	m	m	PROPN
ftr-297	504	7	,	,	PUNCT
ftr-297	504	8	n	n	CCONJ
ftr-297	504	9	,	,	PUNCT
ftr-297	504	10	and	and	CCONJ
ftr-297	504	11	p	p	NOUN
ftr-297	504	12	form	form	NOUN
ftr-297	504	13	partnership	partnership	NOUN
ftr-297	504	14	mnp	mnp	PROPN
ftr-297	504	15	with	with	ADP
ftr-297	504	16	equal	equal	ADJ
ftr-297	504	17	contributions	contribution	NOUN
ftr-297	504	18	of	of	ADP
ftr-297	504	19	$	$	SYM
ftr-297	504	20	500,000	500,000	NUM
ftr-297	504	21	.	.	PUNCT
ftr-297	505	1	the	the	DET
ftr-297	505	2	partnership	partnership	NOUN
ftr-297	505	3	purchases	purchase	VERB
ftr-297	505	4	capital	capital	NOUN
ftr-297	505	5	asset	asset	NOUN
ftr-297	505	6	x	x	PUNCT
ftr-297	505	7	for	for	ADP
ftr-297	505	8	$	$	SYM
ftr-297	505	9	700,000	700,000	NUM
ftr-297	505	10	and	and	CCONJ
ftr-297	505	11	capital	capital	NOUN
ftr-297	505	12	asset	asset	NOUN
ftr-297	505	13	y	y	PROPN
ftr-297	505	14	for	for	ADP
ftr-297	505	15	$	$	SYM
ftr-297	505	16	800,000	800,000	NUM
ftr-297	505	17	.	.	PUNCT
ftr-297	506	1	in	in	ADP
ftr-297	506	2	year	year	NOUN
ftr-297	506	3	3	3	NUM
ftr-297	506	4	,	,	PUNCT
ftr-297	506	5	when	when	SCONJ
ftr-297	506	6	the	the	DET
ftr-297	506	7	value	value	NOUN
ftr-297	506	8	of	of	ADP
ftr-297	506	9	capital	capital	NOUN
ftr-297	506	10	asset	asset	NOUN
ftr-297	507	1	x	x	AUX
ftr-297	507	2	remains	remain	VERB
ftr-297	507	3	$	$	SYM
ftr-297	507	4	700,000	700,000	NUM
ftr-297	507	5	but	but	CCONJ
ftr-297	507	6	the	the	DET
ftr-297	507	7	value	value	NOUN
ftr-297	507	8	of	of	ADP
ftr-297	507	9	capital	capital	NOUN
ftr-297	507	10	asset	asset	NOUN
ftr-297	507	11	y	y	PROPN
ftr-297	507	12	declines	decline	VERB
ftr-297	507	13	to	to	ADP
ftr-297	507	14	$	$	SYM
ftr-297	507	15	200,000	200,000	NUM
ftr-297	507	16	,	,	PUNCT
ftr-297	507	17	m	m	NOUN
ftr-297	507	18	transfers	transfer	VERB
ftr-297	507	19	his	his	PRON
ftr-297	507	20	partnership	partnership	NOUN
ftr-297	507	21	interest	interest	NOUN
ftr-297	507	22	to	to	ADP
ftr-297	507	23	q	q	VERB
ftr-297	507	24	for	for	ADP
ftr-297	507	25	$	$	SYM
ftr-297	507	26	300,000	300,000	NUM
ftr-297	507	27	.	.	PUNCT
ftr-297	508	1	on	on	ADP
ftr-297	508	2	the	the	DET
ftr-297	508	3	date	date	NOUN
ftr-297	508	4	of	of	ADP
ftr-297	508	5	the	the	DET
ftr-297	508	6	transfer	transfer	NOUN
ftr-297	508	7	,	,	PUNCT
ftr-297	508	8	the	the	DET
ftr-297	508	9	balance	balance	NOUN
ftr-297	508	10	sheet	sheet	NOUN
ftr-297	508	11	of	of	ADP
ftr-297	508	12	partnership	partnership	NOUN
ftr-297	508	13	mnp	mnp	PROPN
ftr-297	508	14	is	be	AUX
ftr-297	508	15	as	as	SCONJ
ftr-297	508	16	follows	follow	VERB
ftr-297	508	17	:	:	PUNCT
ftr-297	509	1	assets	asset	NOUN
ftr-297	509	2	:	:	PUNCT
ftr-297	509	3	adjusted	adjust	VERB
ftr-297	509	4	fair	fair	ADJ
ftr-297	509	5	capital	capital	NOUN
ftr-297	509	6	:	:	PUNCT
ftr-297	509	7	adjusted	adjust	VERB
ftr-297	509	8	fair	fair	ADJ
ftr-297	509	9	basis	basis	NOUN
ftr-297	509	10	market	market	NOUN
ftr-297	509	11	basis	basis	NOUN
ftr-297	509	12	market	market	NOUN
ftr-297	509	13	value	value	NOUN
ftr-297	509	14	value	value	NOUN
ftr-297	509	15	capital	capital	NOUN
ftr-297	509	16	asset	asset	NOUN
ftr-297	509	17	x	x	PUNCT
ftr-297	509	18	$	$	SYM
ftr-297	509	19	700,000	700,000	NUM
ftr-297	509	20	$	$	SYM
ftr-297	509	21	700,000	700,000	NUM
ftr-297	509	22	m	m	NOUN
ftr-297	509	23	$	$	SYM
ftr-297	509	24	500,000	500,000	NUM
ftr-297	509	25	$	$	SYM
ftr-297	509	26	300,000	300,000	NUM
ftr-297	509	27	capital	capital	NOUN
ftr-297	509	28	asset	asset	NOUN
ftr-297	509	29	y	y	PROPN
ftr-297	509	30	800,000	800,000	NUM
ftr-297	509	31	200,000	200,000	NUM
ftr-297	509	32	n	n	PRON
ftr-297	509	33	500,000	500,000	NUM
ftr-297	509	34	300,000	300,000	NUM
ftr-297	509	35	p	p	NOUN
ftr-297	509	36	500,000	500,000	NUM
ftr-297	509	37	300,000	300,000	NUM
ftr-297	509	38	total	total	ADJ
ftr-297	509	39	$	$	SYM
ftr-297	509	40	1,500,000	1,500,000	NUM
ftr-297	509	41	$	$	SYM
ftr-297	509	42	900,000	900,000	NUM
ftr-297	509	43	total	total	ADJ
ftr-297	509	44	$	$	SYM
ftr-297	509	45	1,500,000	1,500,000	NUM
ftr-297	509	46	$	$	SYM
ftr-297	509	47	900,000	900,000	NUM
ftr-297	509	48	m	m	NOUN
ftr-297	509	49	recognizes	recognize	VERB
ftr-297	509	50	a	a	DET
ftr-297	509	51	loss	loss	NOUN
ftr-297	509	52	on	on	ADP
ftr-297	509	53	the	the	DET
ftr-297	509	54	transfer	transfer	NOUN
ftr-297	509	55	of	of	ADP
ftr-297	509	56	$	$	SYM
ftr-297	509	57	200,000	200,000	NUM
ftr-297	509	58	.	.	PUNCT
ftr-297	510	1	prior	prior	ADV
ftr-297	510	2	to	to	ADP
ftr-297	510	3	2004	2004	NUM
ftr-297	510	4	,	,	PUNCT
ftr-297	510	5	if	if	SCONJ
ftr-297	510	6	the	the	DET
ftr-297	510	7	partnership	partnership	NOUN
ftr-297	510	8	did	do	AUX
ftr-297	510	9	not	not	PART
ftr-297	510	10	make	make	VERB
ftr-297	510	11	the	the	DET
ftr-297	510	12	election	election	NOUN
ftr-297	510	13	,	,	PUNCT
ftr-297	510	14	a	a	DET
ftr-297	510	15	subsequent	subsequent	ADJ
ftr-297	510	16	sale	sale	NOUN
ftr-297	510	17	of	of	ADP
ftr-297	510	18	capital	capital	NOUN
ftr-297	510	19	asset	asset	NOUN
ftr-297	510	20	y	y	PROPN
ftr-297	510	21	for	for	ADP
ftr-297	510	22	$	$	SYM
ftr-297	510	23	200,000	200,000	NUM
ftr-297	510	24	would	would	AUX
ftr-297	510	25	have	have	AUX
ftr-297	510	26	resulted	result	VERB
ftr-297	510	27	in	in	ADP
ftr-297	510	28	a	a	DET
ftr-297	510	29	$	$	SYM
ftr-297	510	30	600,000	600,000	NUM
ftr-297	510	31	loss	loss	NOUN
ftr-297	510	32	,	,	PUNCT
ftr-297	510	33	allocated	allocate	VERB
ftr-297	510	34	equally	equally	ADV
ftr-297	510	35	to	to	ADP
ftr-297	510	36	n	n	CCONJ
ftr-297	510	37	,	,	PUNCT
ftr-297	510	38	p	p	X
ftr-297	510	39	,	,	PUNCT
ftr-297	510	40	and	and	CCONJ
ftr-297	510	41	q.	q.	PROPN
ftr-297	510	42	thus	thus	ADV
ftr-297	510	43	,	,	PUNCT
ftr-297	510	44	the	the	DET
ftr-297	510	45	partnership	partnership	NOUN
ftr-297	510	46	's	's	PART
ftr-297	510	47	failure	failure	NOUN
ftr-297	510	48	to	to	ADP
ftr-297	510	49	elect	elect	PROPN
ftr-297	510	50	would	would	AUX
ftr-297	510	51	have	have	AUX
ftr-297	510	52	resulted	result	VERB
ftr-297	510	53	in	in	ADP
ftr-297	510	54	a	a	DET
ftr-297	510	55	duplication	duplication	NOUN
ftr-297	510	56	of	of	ADP
ftr-297	510	57	the	the	DET
ftr-297	510	58	$	$	SYM
ftr-297	510	59	200,000	200,000	NUM
ftr-297	510	60	loss	loss	NOUN
ftr-297	510	61	m	m	AUX
ftr-297	510	62	recognized	recognize	VERB
ftr-297	510	63	on	on	ADP
ftr-297	510	64	the	the	DET
ftr-297	510	65	transfer	transfer	NOUN
ftr-297	510	66	of	of	ADP
ftr-297	510	67	his	his	PRON
ftr-297	510	68	interest	interest	NOUN
ftr-297	510	69	.	.	PUNCT
ftr-297	511	1	under	under	ADP
ftr-297	511	2	amended	amend	VERB
ftr-297	511	3	section	section	NOUN
ftr-297	511	4	743(b	743(b	PROPN
ftr-297	511	5	)	)	PUNCT
ftr-297	511	6	,	,	PUNCT
ftr-297	511	7	however	however	ADV
ftr-297	511	8	,	,	PUNCT
ftr-297	511	9	because	because	SCONJ
ftr-297	511	10	the	the	DET
ftr-297	511	11	difference	difference	NOUN
ftr-297	511	12	between	between	ADP
ftr-297	511	13	the	the	DET
ftr-297	511	14	fair	fair	ADJ
ftr-297	511	15	market	market	NOUN
ftr-297	511	16	value	value	NOUN
ftr-297	511	17	of	of	ADP
ftr-297	511	18	the	the	DET
ftr-297	511	19	partnership	partnership	NOUN
ftr-297	511	20	's	's	PART
ftr-297	511	21	property	property	NOUN
ftr-297	511	22	(	(	PUNCT
ftr-297	511	23	$	$	SYM
ftr-297	511	24	900,000	900,000	NUM
ftr-297	511	25	)	)	PUNCT
ftr-297	511	26	and	and	CCONJ
ftr-297	511	27	the	the	DET
ftr-297	511	28	partnership	partnership	NOUN
ftr-297	511	29	's	's	PART
ftr-297	511	30	adjusted	adjusted	ADJ
ftr-297	511	31	basis	basis	NOUN
ftr-297	511	32	for	for	ADP
ftr-297	511	33	its	its	PRON
ftr-297	511	34	property	property	NOUN
ftr-297	511	35	(	(	PUNCT
ftr-297	511	36	$	$	SYM
ftr-297	511	37	1,500,000	1,500,000	NUM
ftr-297	511	38	)	)	PUNCT
ftr-297	511	39	is	be	AUX
ftr-297	511	40	more	more	ADJ
ftr-297	511	41	than	than	ADP
ftr-297	511	42	the	the	DET
ftr-297	511	43	statutory	statutory	ADJ
ftr-297	511	44	threshold	threshold	NOUN
ftr-297	511	45	of	of	ADP
ftr-297	511	46	$	$	SYM
ftr-297	511	47	250,000	250,000	NUM
ftr-297	511	48	,	,	PUNCT
ftr-297	511	49	a	a	DET
ftr-297	511	50	substantial	substantial	ADJ
ftr-297	511	51	built	build	VERB
ftr-297	511	52	-	-	PUNCT
ftr-297	511	53	in	in	ADP
ftr-297	511	54	-	-	PUNCT
ftr-297	511	55	loss	loss	NOUN
ftr-297	511	56	in	in	ADP
ftr-297	511	57	the	the	DET
ftr-297	511	58	partnership	partnership	NOUN
ftr-297	511	59	's	's	PART
ftr-297	511	60	property	property	NOUN
ftr-297	511	61	exists	exist	VERB
ftr-297	511	62	.	.	PUNCT
ftr-297	512	1	consequently	consequently	ADV
ftr-297	512	2	,	,	PUNCT
ftr-297	512	3	a	a	DET
ftr-297	512	4	negative	negative	ADJ
ftr-297	512	5	basis	basis	NOUN
ftr-297	512	6	adjustment	adjustment	NOUN
ftr-297	512	7	of	of	ADP
ftr-297	512	8	$	$	SYM
ftr-297	512	9	200,000	200,000	NUM
ftr-297	512	10	with	with	ADP
ftr-297	512	11	respect	respect	NOUN
ftr-297	512	12	to	to	ADP
ftr-297	512	13	q	q	NOUN
ftr-297	512	14	is	be	AUX
ftr-297	512	15	required	require	VERB
ftr-297	512	16	for	for	ADP
ftr-297	512	17	the	the	DET
ftr-297	512	18	adjusted	adjusted	ADJ
ftr-297	512	19	basis	basis	NOUN
ftr-297	512	20	of	of	ADP
ftr-297	512	21	the	the	DET
ftr-297	512	22	partnership	partnership	NOUN
ftr-297	512	23	property	property	NOUN
ftr-297	512	24	.	.	PUNCT
ftr-297	513	1	iii	iii	X
ftr-297	513	2	.	.	PUNCT
ftr-297	514	1	allocating	allocate	VERB
ftr-297	514	2	optional	optional	ADJ
ftr-297	514	3	basis	basis	NOUN
ftr-297	514	4	adjustment	adjustment	NOUN
ftr-297	514	5	under	under	ADP
ftr-297	514	6	section	section	NOUN
ftr-297	514	7	743(b	743(b	PROPN
ftr-297	514	8	)	)	PUNCT
ftr-297	514	9	to	to	ADP
ftr-297	514	10	specific	specific	ADJ
ftr-297	514	11	partnership	partnership	NOUN
ftr-297	514	12	properties	property	NOUN
ftr-297	514	13	a.	a.	NOUN
ftr-297	514	14	allocating	allocate	VERB
ftr-297	514	15	the	the	DET
ftr-297	514	16	optional	optional	ADJ
ftr-297	514	17	adjustment	adjustment	NOUN
ftr-297	514	18	amount	amount	NOUN
ftr-297	514	19	section	section	NOUN
ftr-297	514	20	755	755	NUM
ftr-297	514	21	section	section	NOUN
ftr-297	514	22	743(b	743(b	NUM
ftr-297	514	23	)	)	PUNCT
ftr-297	514	24	addresses	address	NOUN
ftr-297	514	25	only	only	ADV
ftr-297	514	26	the	the	DET
ftr-297	514	27	determination	determination	NOUN
ftr-297	514	28	of	of	ADP
ftr-297	514	29	the	the	DET
ftr-297	514	30	total	total	ADJ
ftr-297	514	31	amount	amount	NOUN
ftr-297	514	32	of	of	ADP
ftr-297	514	33	the	the	DET
ftr-297	514	34	aggregate	aggregate	ADJ
ftr-297	514	35	optional	optional	ADJ
ftr-297	514	36	adjustment	adjustment	NOUN
ftr-297	514	37	to	to	PART
ftr-297	514	38	basis	basis	VERB
ftr-297	514	39	for	for	ADP
ftr-297	514	40	all	all	DET
ftr-297	514	41	partnership	partnership	NOUN
ftr-297	514	42	property	property	NOUN
ftr-297	514	43	.	.	PUNCT
ftr-297	515	1	it	it	PRON
ftr-297	515	2	does	do	AUX
ftr-297	515	3	not	not	PART
ftr-297	515	4	provide	provide	VERB
ftr-297	515	5	for	for	ADP
ftr-297	515	6	its	its	PRON
ftr-297	515	7	allocation	allocation	NOUN
ftr-297	515	8	to	to	ADP
ftr-297	515	9	specific	specific	ADJ
ftr-297	515	10	partnership	partnership	NOUN
ftr-297	515	11	properties	property	NOUN
ftr-297	515	12	.	.	PUNCT
ftr-297	516	1	instead	instead	ADV
ftr-297	516	2	,	,	PUNCT
ftr-297	516	3	the	the	DET
ftr-297	516	4	allocation	allocation	NOUN
ftr-297	516	5	of	of	ADP
ftr-297	516	6	the	the	DET
ftr-297	516	7	adjustment	adjustment	NOUN
ftr-297	516	8	is	be	AUX
ftr-297	516	9	governed	govern	VERB
ftr-297	516	10	by	by	ADP
ftr-297	516	11	section	section	NOUN
ftr-297	516	12	755	755	NUM
ftr-297	516	13	.	.	PROPN
ftr-297	517	1	68	68	NUM
ftr-297	517	2	.	.	PUNCT
ftr-297	518	1	section	section	NOUN
ftr-297	518	2	743(e	743(e	PROPN
ftr-297	518	3	)	)	PUNCT
ftr-297	518	4	provides	provide	VERB
ftr-297	518	5	that	that	SCONJ
ftr-297	518	6	specifically	specifically	ADV
ftr-297	518	7	described	describe	VERB
ftr-297	518	8	enterprises	enterprise	NOUN
ftr-297	518	9	,	,	PUNCT
ftr-297	518	10	i.e.	i.e.	X
ftr-297	518	11	,	,	PUNCT
ftr-297	518	12	investment	investment	NOUN
ftr-297	518	13	partnerships	partnership	NOUN
ftr-297	518	14	and	and	CCONJ
ftr-297	518	15	securities	security	NOUN
ftr-297	518	16	partnerships	partnership	NOUN
ftr-297	518	17	,	,	PUNCT
ftr-297	518	18	are	be	AUX
ftr-297	518	19	exempt	exempt	ADJ
ftr-297	518	20	from	from	ADP
ftr-297	518	21	the	the	DET
ftr-297	518	22	mandatory	mandatory	ADJ
ftr-297	518	23	application	application	NOUN
ftr-297	518	24	of	of	ADP
ftr-297	518	25	section	section	NOUN
ftr-297	518	26	743(b	743(b	PROPN
ftr-297	518	27	)	)	PUNCT
ftr-297	518	28	.	.	PUNCT
ftr-297	519	1	126	126	NUM
ftr-297	520	1	[	[	NOUN
ftr-297	520	2	vol	vol	NOUN
ftr-297	520	3	.	.	PUNCT
ftr-297	521	1	15:3	15:3	NUM
ftr-297	521	2	optional	optional	ADJ
ftr-297	521	3	basis	basis	NOUN
ftr-297	521	4	adjustments	adjustment	NOUN
ftr-297	521	5	under	under	ADP
ftr-297	521	6	subchapter	subchapter	NOUN
ftr-297	521	7	k	k	NOUN
ftr-297	521	8	that	that	DET
ftr-297	521	9	provision	provision	NOUN
ftr-297	521	10	establishes	establish	VERB
ftr-297	521	11	two	two	NUM
ftr-297	521	12	rules	rule	NOUN
ftr-297	521	13	for	for	ADP
ftr-297	521	14	allocating	allocate	VERB
ftr-297	521	15	the	the	DET
ftr-297	521	16	total	total	ADJ
ftr-297	521	17	amount	amount	NOUN
ftr-297	521	18	of	of	ADP
ftr-297	521	19	the	the	DET
ftr-297	521	20	optional	optional	ADJ
ftr-297	521	21	adjustment	adjustment	NOUN
ftr-297	521	22	to	to	PART
ftr-297	521	23	basis	basis	VERB
ftr-297	521	24	.	.	PUNCT
ftr-297	522	1	the	the	DET
ftr-297	522	2	general	general	ADJ
ftr-297	522	3	rule	rule	NOUN
ftr-297	522	4	allocates	allocate	VERB
ftr-297	522	5	the	the	DET
ftr-297	522	6	adjustment	adjustment	NOUN
ftr-297	522	7	"	"	PUNCT
ftr-297	522	8	(	(	PUNCT
ftr-297	522	9	1	1	NUM
ftr-297	522	10	)	)	PUNCT
ftr-297	522	11	in	in	ADP
ftr-297	522	12	a	a	DET
ftr-297	522	13	manner	manner	NOUN
ftr-297	522	14	which	which	PRON
ftr-297	522	15	has	have	VERB
ftr-297	522	16	the	the	DET
ftr-297	522	17	effect	effect	NOUN
ftr-297	522	18	of	of	ADP
ftr-297	522	19	reducing	reduce	VERB
ftr-297	522	20	the	the	DET
ftr-297	522	21	difference	difference	NOUN
ftr-297	522	22	between	between	ADP
ftr-297	522	23	the	the	DET
ftr-297	522	24	fair	fair	ADJ
ftr-297	522	25	market	market	NOUN
ftr-297	522	26	value	value	NOUN
ftr-297	522	27	and	and	CCONJ
ftr-297	522	28	the	the	DET
ftr-297	522	29	adjusted	adjusted	ADJ
ftr-297	522	30	basis	basis	NOUN
ftr-297	522	31	of	of	ADP
ftr-297	522	32	partnership	partnership	NOUN
ftr-297	522	33	properties	property	NOUN
ftr-297	522	34	,	,	PUNCT
ftr-297	522	35	or	or	CCONJ
ftr-297	522	36	(	(	PUNCT
ftr-297	522	37	2	2	X
ftr-297	522	38	)	)	PUNCT
ftr-297	522	39	in	in	ADP
ftr-297	522	40	any	any	DET
ftr-297	522	41	other	other	ADJ
ftr-297	522	42	manner	manner	NOUN
ftr-297	522	43	permitted	permit	VERB
ftr-297	522	44	by	by	ADP
ftr-297	522	45	regulations	regulation	NOUN
ftr-297	522	46	prescribed	prescribe	VERB
ftr-297	522	47	by	by	ADP
ftr-297	522	48	the	the	DET
ftr-297	522	49	secretary	secretary	NOUN
ftr-297	522	50	.	.	PUNCT
ftr-297	523	1	"69	"69	PUNCT
ftr-297	524	1	in	in	ADP
ftr-297	524	2	applying	apply	VERB
ftr-297	524	3	the	the	DET
ftr-297	524	4	general	general	ADJ
ftr-297	524	5	allocation	allocation	NOUN
ftr-297	524	6	rule	rule	NOUN
ftr-297	524	7	,	,	PUNCT
ftr-297	524	8	the	the	DET
ftr-297	524	9	provision	provision	NOUN
ftr-297	524	10	adds	add	VERB
ftr-297	524	11	a	a	DET
ftr-297	524	12	special	special	ADJ
ftr-297	524	13	rule	rule	NOUN
ftr-297	524	14	which	which	PRON
ftr-297	524	15	specifies	specify	VERB
ftr-297	524	16	that	that	SCONJ
ftr-297	524	17	the	the	DET
ftr-297	524	18	increase	increase	NOUN
ftr-297	524	19	or	or	CCONJ
ftr-297	524	20	decrease	decrease	VERB
ftr-297	524	21	to	to	ADP
ftr-297	524	22	the	the	DET
ftr-297	524	23	basis	basis	NOUN
ftr-297	524	24	of	of	ADP
ftr-297	524	25	partnership	partnership	NOUN
ftr-297	524	26	property	property	NOUN
ftr-297	524	27	arising	arise	VERB
ftr-297	524	28	from	from	ADP
ftr-297	524	29	a	a	DET
ftr-297	524	30	transfer	transfer	NOUN
ftr-297	524	31	of	of	ADP
ftr-297	524	32	an	an	DET
ftr-297	524	33	interest	interest	NOUN
ftr-297	524	34	is	be	AUX
ftr-297	524	35	allocable	allocable	ADJ
ftr-297	524	36	to	to	ADP
ftr-297	524	37	"	"	PUNCT
ftr-297	524	38	(	(	PUNCT
ftr-297	524	39	1	1	NUM
ftr-297	524	40	)	)	PUNCT
ftr-297	524	41	capital	capital	NOUN
ftr-297	524	42	assets	asset	NOUN
ftr-297	524	43	and	and	CCONJ
ftr-297	524	44	property	property	NOUN
ftr-297	524	45	described	describe	VERB
ftr-297	524	46	in	in	ADP
ftr-297	524	47	section	section	NOUN
ftr-297	524	48	1231(b	1231(b	NUM
ftr-297	524	49	)	)	PUNCT
ftr-297	524	50	or	or	CCONJ
ftr-297	524	51	(	(	PUNCT
ftr-297	524	52	2	2	X
ftr-297	524	53	)	)	PUNCT
ftr-297	524	54	any	any	DET
ftr-297	524	55	other	other	ADJ
ftr-297	524	56	property	property	NOUN
ftr-297	524	57	of	of	ADP
ftr-297	524	58	the	the	DET
ftr-297	524	59	partnership	partnership	NOUN
ftr-297	524	60	,	,	PUNCT
ftr-297	524	61	"	"	PUNCT
ftr-297	524	62	depending	depend	VERB
ftr-297	524	63	on	on	ADP
ftr-297	524	64	which	which	PRON
ftr-297	524	65	of	of	ADP
ftr-297	524	66	the	the	DET
ftr-297	524	67	two	two	NUM
ftr-297	524	68	specified	specified	ADJ
ftr-297	524	69	classes	class	NOUN
ftr-297	524	70	of	of	ADP
ftr-297	524	71	property	property	NOUN
ftr-297	524	72	generated	generate	VERB
ftr-297	524	73	the	the	DET
ftr-297	524	74	adjustment	adjustment	NOUN
ftr-297	524	75	to	to	PART
ftr-297	524	76	basis	basis	VERB
ftr-297	524	77	under	under	ADP
ftr-297	524	78	the	the	DET
ftr-297	524	79	regulations.o	regulations.o	NOUN
ftr-297	524	80	the	the	DET
ftr-297	524	81	regulations	regulation	NOUN
ftr-297	524	82	expand	expand	VERB
ftr-297	524	83	upon	upon	SCONJ
ftr-297	524	84	this	this	DET
ftr-297	524	85	approach	approach	NOUN
ftr-297	524	86	by	by	ADP
ftr-297	524	87	noting	note	VERB
ftr-297	524	88	that	that	SCONJ
ftr-297	524	89	the	the	DET
ftr-297	524	90	allocation	allocation	NOUN
ftr-297	524	91	is	be	AUX
ftr-297	524	92	made	make	VERB
ftr-297	524	93	first	first	ADV
ftr-297	524	94	between	between	ADP
ftr-297	524	95	the	the	DET
ftr-297	524	96	two	two	NUM
ftr-297	524	97	classes	class	NOUN
ftr-297	524	98	and	and	CCONJ
ftr-297	524	99	thereafter	thereafter	ADV
ftr-297	524	100	among	among	ADP
ftr-297	524	101	the	the	DET
ftr-297	524	102	assets	asset	NOUN
ftr-297	524	103	within	within	ADP
ftr-297	524	104	each	each	DET
ftr-297	524	105	class.7	class.7	NOUN
ftr-297	524	106	'	'	PUNCT
ftr-297	524	107	thus	thus	ADV
ftr-297	524	108	,	,	PUNCT
ftr-297	524	109	in	in	ADP
ftr-297	524	110	allocating	allocate	VERB
ftr-297	524	111	an	an	DET
ftr-297	524	112	adjustment	adjustment	NOUN
ftr-297	524	113	,	,	PUNCT
ftr-297	524	114	the	the	DET
ftr-297	524	115	amount	amount	NOUN
ftr-297	524	116	of	of	ADP
ftr-297	524	117	the	the	DET
ftr-297	524	118	adjustment	adjustment	NOUN
ftr-297	524	119	is	be	AUX
ftr-297	524	120	allocated	allocate	VERB
ftr-297	524	121	first	first	ADV
ftr-297	524	122	between	between	ADP
ftr-297	524	123	the	the	DET
ftr-297	524	124	two	two	NUM
ftr-297	524	125	classes	class	NOUN
ftr-297	524	126	of	of	ADP
ftr-297	524	127	property	property	NOUN
ftr-297	524	128	,	,	PUNCT
ftr-297	524	129	capital	capital	NOUN
ftr-297	524	130	assets	asset	NOUN
ftr-297	524	131	and	and	CCONJ
ftr-297	524	132	other	other	ADJ
ftr-297	524	133	property.n	property.n	PUNCT
ftr-297	524	134	thereafter	thereafter	ADV
ftr-297	524	135	,	,	PUNCT
ftr-297	524	136	the	the	DET
ftr-297	524	137	amount	amount	NOUN
ftr-297	524	138	allocated	allocate	VERB
ftr-297	524	139	to	to	ADP
ftr-297	524	140	each	each	DET
ftr-297	524	141	class	class	NOUN
ftr-297	524	142	is	be	AUX
ftr-297	524	143	allocated	allocate	VERB
ftr-297	524	144	to	to	ADP
ftr-297	524	145	specific	specific	ADJ
ftr-297	524	146	properties	property	NOUN
ftr-297	524	147	within	within	ADP
ftr-297	524	148	that	that	DET
ftr-297	524	149	class.73	class.73	NOUN
ftr-297	524	150	b.	b.	NOUN
ftr-297	525	1	the	the	DET
ftr-297	525	2	regulations	regulation	NOUN
ftr-297	525	3	the	the	DET
ftr-297	525	4	regulations	regulation	NOUN
ftr-297	525	5	employ	employ	VERB
ftr-297	525	6	a	a	DET
ftr-297	525	7	hypothetical	hypothetical	ADJ
ftr-297	525	8	sale	sale	NOUN
ftr-297	525	9	approach	approach	NOUN
ftr-297	525	10	for	for	ADP
ftr-297	525	11	allocating	allocate	VERB
ftr-297	525	12	the	the	DET
ftr-297	525	13	adjustment	adjustment	NOUN
ftr-297	525	14	by	by	ADP
ftr-297	525	15	focusing	focus	VERB
ftr-297	525	16	on	on	ADP
ftr-297	525	17	the	the	DET
ftr-297	525	18	tax	tax	NOUN
ftr-297	525	19	consequences	consequence	NOUN
ftr-297	525	20	to	to	ADP
ftr-297	525	21	the	the	DET
ftr-297	525	22	distributee	distributee	NOUN
ftr-297	525	23	in	in	ADP
ftr-297	525	24	a	a	DET
ftr-297	525	25	fully	fully	ADV
ftr-297	525	26	taxable	taxable	ADJ
ftr-297	525	27	transaction	transaction	NOUN
ftr-297	525	28	at	at	ADP
ftr-297	525	29	fair	fair	ADJ
ftr-297	525	30	market	market	NOUN
ftr-297	525	31	value.74	value.74	VERB
ftr-297	525	32	through	through	ADP
ftr-297	525	33	use	use	NOUN
ftr-297	525	34	of	of	ADP
ftr-297	525	35	this	this	DET
ftr-297	525	36	approach	approach	NOUN
ftr-297	525	37	,	,	PUNCT
ftr-297	525	38	the	the	DET
ftr-297	525	39	income	income	NOUN
ftr-297	525	40	or	or	CCONJ
ftr-297	525	41	loss	loss	NOUN
ftr-297	525	42	that	that	PRON
ftr-297	525	43	would	would	AUX
ftr-297	525	44	be	be	AUX
ftr-297	525	45	incurred	incur	VERB
ftr-297	525	46	by	by	ADP
ftr-297	525	47	the	the	DET
ftr-297	525	48	transferee	transferee	NOUN
ftr-297	525	49	,	,	PUNCT
ftr-297	525	50	including	include	VERB
ftr-297	525	51	allocations	allocation	NOUN
ftr-297	525	52	under	under	ADP
ftr-297	525	53	section	section	NOUN
ftr-297	525	54	704(c	704(c	PROPN
ftr-297	525	55	)	)	PUNCT
ftr-297	525	56	,	,	PUNCT
ftr-297	525	57	is	be	AUX
ftr-297	525	58	offset	offset	VERB
ftr-297	525	59	.	.	PUNCT
ftr-297	526	1	the	the	DET
ftr-297	526	2	focus	focus	NOUN
ftr-297	526	3	applies	apply	VERB
ftr-297	526	4	both	both	PRON
ftr-297	526	5	for	for	ADP
ftr-297	526	6	allocations	allocation	NOUN
ftr-297	526	7	between	between	ADP
ftr-297	526	8	classes	class	NOUN
ftr-297	526	9	as	as	ADV
ftr-297	526	10	well	well	ADV
ftr-297	526	11	as	as	ADP
ftr-297	526	12	those	those	PRON
ftr-297	526	13	within	within	ADP
ftr-297	526	14	a	a	DET
ftr-297	526	15	class	class	NOUN
ftr-297	526	16	.	.	PUNCT
ftr-297	527	1	thus	thus	ADV
ftr-297	527	2	,	,	PUNCT
ftr-297	527	3	whether	whether	SCONJ
ftr-297	527	4	the	the	DET
ftr-297	527	5	overall	overall	ADJ
ftr-297	527	6	adjustment	adjustment	NOUN
ftr-297	527	7	or	or	CCONJ
ftr-297	527	8	class	class	NOUN
ftr-297	527	9	adjustment	adjustment	NOUN
ftr-297	527	10	is	be	AUX
ftr-297	527	11	positive	positive	ADJ
ftr-297	527	12	or	or	CCONJ
ftr-297	527	13	negative	negative	ADJ
ftr-297	527	14	is	be	AUX
ftr-297	527	15	generally	generally	ADV
ftr-297	527	16	irrelevant	irrelevant	ADJ
ftr-297	527	17	since	since	SCONJ
ftr-297	527	18	the	the	DET
ftr-297	527	19	process	process	NOUN
ftr-297	527	20	ties	tie	VERB
ftr-297	527	21	the	the	DET
ftr-297	527	22	adjustment	adjustment	NOUN
ftr-297	527	23	for	for	ADP
ftr-297	527	24	each	each	DET
ftr-297	527	25	individual	individual	ADJ
ftr-297	527	26	asset	asset	NOUN
ftr-297	527	27	to	to	ADP
ftr-297	527	28	the	the	DET
ftr-297	527	29	transferee	transferee	NOUN
ftr-297	527	30	's	's	PART
ftr-297	527	31	share	share	NOUN
ftr-297	527	32	of	of	ADP
ftr-297	527	33	its	its	PRON
ftr-297	527	34	inherent	inherent	ADJ
ftr-297	527	35	gain	gain	NOUN
ftr-297	527	36	or	or	CCONJ
ftr-297	527	37	loss.75	loss.75	ADJ
ftr-297	527	38	the	the	DET
ftr-297	527	39	regulations	regulation	NOUN
ftr-297	527	40	authorize	authorize	VERB
ftr-297	527	41	two	two	NUM
ftr-297	527	42	-	-	PUNCT
ftr-297	527	43	way	way	NOUN
ftr-297	527	44	adjustments	adjustment	NOUN
ftr-297	527	45	,	,	PUNCT
ftr-297	527	46	i.e.	i.e.	X
ftr-297	527	47	,	,	PUNCT
ftr-297	527	48	positive	positive	ADJ
ftr-297	527	49	or	or	CCONJ
ftr-297	527	50	negative	negative	ADJ
ftr-297	527	51	,	,	PUNCT
ftr-297	527	52	both	both	PRON
ftr-297	527	53	between	between	ADP
ftr-297	527	54	the	the	DET
ftr-297	527	55	classes	class	NOUN
ftr-297	527	56	of	of	ADP
ftr-297	527	57	capital	capital	NOUN
ftr-297	527	58	assets	asset	NOUN
ftr-297	527	59	and	and	CCONJ
ftr-297	527	60	other	other	ADJ
ftr-297	527	61	property	property	NOUN
ftr-297	527	62	as	as	ADV
ftr-297	527	63	well	well	ADV
ftr-297	527	64	as	as	ADP
ftr-297	527	65	permitting	permit	VERB
ftr-297	527	66	them	they	PRON
ftr-297	527	67	within	within	ADP
ftr-297	527	68	a	a	DET
ftr-297	527	69	class	class	NOUN
ftr-297	527	70	.	.	PUNCT
ftr-297	528	1	by	by	ADP
ftr-297	528	2	so	so	ADV
ftr-297	528	3	doing	do	VERB
ftr-297	528	4	,	,	PUNCT
ftr-297	528	5	in	in	ADP
ftr-297	528	6	the	the	DET
ftr-297	528	7	case	case	NOUN
ftr-297	528	8	of	of	ADP
ftr-297	528	9	a	a	DET
ftr-297	528	10	partnership	partnership	NOUN
ftr-297	528	11	holding	hold	VERB
ftr-297	528	12	both	both	PRON
ftr-297	528	13	appreciated	appreciated	ADJ
ftr-297	528	14	and	and	CCONJ
ftr-297	528	15	depreciated	depreciate	VERB
ftr-297	528	16	assets	asset	NOUN
ftr-297	528	17	,	,	PUNCT
ftr-297	528	18	the	the	DET
ftr-297	528	19	regulations	regulation	NOUN
ftr-297	528	20	permit	permit	VERB
ftr-297	528	21	69	69	NUM
ftr-297	528	22	.	.	PUNCT
ftr-297	529	1	i.r.c	i.r.c	NOUN
ftr-297	529	2	.	.	PUNCT
ftr-297	530	1	§	§	PROPN
ftr-297	530	2	755(a	755(a	PROPN
ftr-297	530	3	)	)	PUNCT
ftr-297	530	4	;	;	PUNCT
ftr-297	530	5	reg	reg	NOUN
ftr-297	530	6	.	.	PUNCT
ftr-297	531	1	§	§	PROPN
ftr-297	531	2	1.755	1.755	NUM
ftr-297	531	3	-	-	SYM
ftr-297	531	4	1	1	NUM
ftr-297	531	5	.	.	NOUN
ftr-297	531	6	70	70	NUM
ftr-297	531	7	.	.	PUNCT
ftr-297	531	8	i.r.c	i.r.c	NOUN
ftr-297	531	9	.	.	PUNCT
ftr-297	532	1	§	§	PROPN
ftr-297	532	2	755(b	755(b	PROPN
ftr-297	532	3	)	)	PUNCT
ftr-297	532	4	.	.	PUNCT
ftr-297	533	1	for	for	ADP
ftr-297	533	2	ease	ease	NOUN
ftr-297	533	3	of	of	ADP
ftr-297	533	4	reference	reference	NOUN
ftr-297	533	5	,	,	PUNCT
ftr-297	533	6	the	the	DET
ftr-297	533	7	two	two	NUM
ftr-297	533	8	classes	class	NOUN
ftr-297	533	9	are	be	AUX
ftr-297	533	10	referred	refer	VERB
ftr-297	533	11	to	to	PART
ftr-297	533	12	simply	simply	ADV
ftr-297	533	13	as	as	ADP
ftr-297	533	14	"	"	PUNCT
ftr-297	533	15	capital	capital	NOUN
ftr-297	533	16	assets	asset	NOUN
ftr-297	533	17	"	"	PUNCT
ftr-297	533	18	and	and	CCONJ
ftr-297	533	19	"	"	PUNCT
ftr-297	533	20	other	other	ADJ
ftr-297	533	21	property	property	NOUN
ftr-297	533	22	.	.	PUNCT
ftr-297	533	23	"	"	PUNCT
ftr-297	534	1	71	71	NUM
ftr-297	534	2	.	.	PUNCT
ftr-297	535	1	reg	reg	NOUN
ftr-297	535	2	.	.	PUNCT
ftr-297	536	1	§	§	PROPN
ftr-297	536	2	1.755	1.755	NUM
ftr-297	536	3	-	-	SYM
ftr-297	536	4	1(a	1(a	NUM
ftr-297	536	5	)	)	PUNCT
ftr-297	536	6	.	.	PUNCT
ftr-297	537	1	the	the	DET
ftr-297	537	2	§	§	PROPN
ftr-297	537	3	743(b	743(b	PROPN
ftr-297	537	4	)	)	PUNCT
ftr-297	537	5	adjustment	adjustment	NOUN
ftr-297	537	6	is	be	AUX
ftr-297	537	7	addressed	address	VERB
ftr-297	537	8	separately	separately	ADV
ftr-297	537	9	from	from	ADP
ftr-297	537	10	the	the	DET
ftr-297	537	11	§	§	PROPN
ftr-297	537	12	734(b	734(b	PROPN
ftr-297	537	13	)	)	PUNCT
ftr-297	537	14	adjustment	adjustment	NOUN
ftr-297	537	15	.	.	PUNCT
ftr-297	538	1	see	see	VERB
ftr-297	538	2	reg	reg	NOUN
ftr-297	538	3	.	.	PUNCT
ftr-297	539	1	§	§	PROPN
ftr-297	539	2	1.755	1.755	NUM
ftr-297	539	3	-	-	SYM
ftr-297	539	4	1(b	1(b	NUM
ftr-297	539	5	)	)	PUNCT
ftr-297	539	6	;	;	PUNCT
ftr-297	539	7	donnell	donnell	PROPN
ftr-297	539	8	m.	m.	PROPN
ftr-297	539	9	rini	rini	PROPN
ftr-297	539	10	-	-	PUNCT
ftr-297	539	11	swyers	swyer	NOUN
ftr-297	539	12	,	,	PUNCT
ftr-297	539	13	allocating	allocate	VERB
ftr-297	539	14	basis	basis	NOUN
ftr-297	539	15	adjustments	adjustment	NOUN
ftr-297	539	16	after	after	ADP
ftr-297	539	17	the	the	DET
ftr-297	539	18	section	section	NOUN
ftr-297	539	19	755	755	NUM
ftr-297	539	20	final	final	ADJ
ftr-297	539	21	regulations	regulation	NOUN
ftr-297	539	22	,	,	PUNCT
ftr-297	539	23	99	99	NUM
ftr-297	539	24	j.	j.	NOUN
ftr-297	539	25	tax'n	tax'n	ADP
ftr-297	539	26	211	211	NUM
ftr-297	539	27	(	(	PUNCT
ftr-297	539	28	2003	2003	NUM
ftr-297	539	29	)	)	PUNCT
ftr-297	539	30	.	.	PUNCT
ftr-297	540	1	72	72	NUM
ftr-297	540	2	.	.	PUNCT
ftr-297	540	3	i.r.c	i.r.c	NOUN
ftr-297	540	4	.	.	PUNCT
ftr-297	541	1	§	§	PROPN
ftr-297	541	2	755(b	755(b	PROPN
ftr-297	541	3	)	)	PUNCT
ftr-297	541	4	;	;	PUNCT
ftr-297	542	1	reg	reg	NOUN
ftr-297	542	2	.	.	PUNCT
ftr-297	543	1	§	§	PROPN
ftr-297	543	2	1.755	1.755	NUM
ftr-297	543	3	-	-	SYM
ftr-297	543	4	1(b)(2	1(b)(2	NUM
ftr-297	543	5	)	)	PUNCT
ftr-297	543	6	.	.	PUNCT
ftr-297	544	1	73	73	NUM
ftr-297	544	2	.	.	PUNCT
ftr-297	544	3	i.r.c	i.r.c	NOUN
ftr-297	544	4	.	.	PUNCT
ftr-297	545	1	§	§	PROPN
ftr-297	545	2	755(a	755(a	PROPN
ftr-297	545	3	)	)	PUNCT
ftr-297	545	4	;	;	PUNCT
ftr-297	545	5	reg	reg	NOUN
ftr-297	545	6	.	.	PUNCT
ftr-297	546	1	§	§	PROPN
ftr-297	546	2	1.755	1.755	NUM
ftr-297	546	3	-	-	SYM
ftr-297	546	4	1(b)(3	1(b)(3	NUM
ftr-297	546	5	)	)	PUNCT
ftr-297	546	6	.	.	PUNCT
ftr-297	547	1	74	74	NUM
ftr-297	547	2	.	.	PUNCT
ftr-297	548	1	reg	reg	NOUN
ftr-297	548	2	.	.	PUNCT
ftr-297	549	1	§	§	PROPN
ftr-297	549	2	1.755	1.755	NUM
ftr-297	549	3	-	-	SYM
ftr-297	549	4	1(b)(1)(ii	1(b)(1)(ii	NUM
ftr-297	549	5	)	)	PUNCT
ftr-297	549	6	.	.	PUNCT
ftr-297	550	1	75	75	NUM
ftr-297	550	2	.	.	PUNCT
ftr-297	551	1	reg	reg	NOUN
ftr-297	551	2	.	.	PUNCT
ftr-297	552	1	§	§	PROPN
ftr-297	552	2	1.755	1.755	NUM
ftr-297	552	3	-	-	SYM
ftr-297	552	4	1(b)(1	1(b)(1	NUM
ftr-297	552	5	)	)	PUNCT
ftr-297	552	6	.	.	PUNCT
ftr-297	553	1	2014	2014	NUM
ftr-297	553	2	]	]	PUNCT
ftr-297	553	3	127	127	NUM
ftr-297	553	4	florida	florida	PROPN
ftr-297	553	5	tax	tax	NOUN
ftr-297	553	6	review	review	NOUN
ftr-297	553	7	adjustments	adjustment	NOUN
ftr-297	553	8	increasing	increase	VERB
ftr-297	553	9	the	the	DET
ftr-297	553	10	basis	basis	NOUN
ftr-297	553	11	of	of	ADP
ftr-297	553	12	some	some	DET
ftr-297	553	13	assets	asset	NOUN
ftr-297	553	14	while	while	SCONJ
ftr-297	553	15	reducing	reduce	VERB
ftr-297	553	16	the	the	DET
ftr-297	553	17	basis	basis	NOUN
ftr-297	553	18	of	of	ADP
ftr-297	553	19	others	other	NOUN
ftr-297	553	20	.	.	PUNCT
ftr-297	554	1	1	1	X
ftr-297	554	2	.	.	X
ftr-297	554	3	allocation	allocation	NOUN
ftr-297	554	4	between	between	ADP
ftr-297	554	5	two	two	NUM
ftr-297	554	6	classes	class	NOUN
ftr-297	554	7	ofproperty	ofproperty	NOUN
ftr-297	554	8	regarding	regard	VERB
ftr-297	554	9	the	the	DET
ftr-297	554	10	allocation	allocation	NOUN
ftr-297	554	11	of	of	ADP
ftr-297	554	12	the	the	DET
ftr-297	554	13	basis	basis	NOUN
ftr-297	554	14	adjustment	adjustment	NOUN
ftr-297	554	15	between	between	ADP
ftr-297	554	16	classes	class	NOUN
ftr-297	554	17	,	,	PUNCT
ftr-297	554	18	the	the	DET
ftr-297	554	19	regulations	regulation	NOUN
ftr-297	554	20	prioritize	prioritize	VERB
ftr-297	554	21	allocations	allocation	NOUN
ftr-297	554	22	by	by	ADP
ftr-297	554	23	mandating	mandate	VERB
ftr-297	554	24	the	the	DET
ftr-297	554	25	allocation	allocation	NOUN
ftr-297	554	26	to	to	ADP
ftr-297	554	27	other	other	ADJ
ftr-297	554	28	property	property	NOUN
ftr-297	554	29	first.76	first.76	ADP
ftr-297	554	30	thereafter	thereafter	ADV
ftr-297	554	31	,	,	PUNCT
ftr-297	554	32	the	the	DET
ftr-297	554	33	amount	amount	NOUN
ftr-297	554	34	of	of	ADP
ftr-297	554	35	the	the	DET
ftr-297	554	36	adjustment	adjustment	NOUN
ftr-297	554	37	allocable	allocable	ADJ
ftr-297	554	38	to	to	ADP
ftr-297	554	39	capital	capital	NOUN
ftr-297	554	40	assets	asset	NOUN
ftr-297	554	41	is	be	AUX
ftr-297	554	42	determined	determine	VERB
ftr-297	554	43	and	and	CCONJ
ftr-297	554	44	equals	equal	VERB
ftr-297	554	45	the	the	DET
ftr-297	554	46	difference	difference	NOUN
ftr-297	554	47	between	between	ADP
ftr-297	554	48	the	the	DET
ftr-297	554	49	total	total	ADJ
ftr-297	554	50	basis	basis	NOUN
ftr-297	554	51	adjustment	adjustment	NOUN
ftr-297	554	52	and	and	CCONJ
ftr-297	554	53	that	that	SCONJ
ftr-297	554	54	attributable	attributable	ADJ
ftr-297	554	55	to	to	ADP
ftr-297	554	56	other	other	ADJ
ftr-297	554	57	property	property	NOUN
ftr-297	554	58	.	.	PUNCT
ftr-297	555	1	however	however	ADV
ftr-297	555	2	,	,	PUNCT
ftr-297	555	3	a	a	DET
ftr-297	555	4	decrease	decrease	NOUN
ftr-297	555	5	in	in	ADP
ftr-297	555	6	basis	basis	NOUN
ftr-297	555	7	to	to	ADP
ftr-297	555	8	capital	capital	NOUN
ftr-297	555	9	assets	asset	NOUN
ftr-297	555	10	can	can	AUX
ftr-297	555	11	not	not	PART
ftr-297	555	12	exceed	exceed	VERB
ftr-297	555	13	the	the	DET
ftr-297	555	14	partnership	partnership	NOUN
ftr-297	555	15	's	's	PART
ftr-297	555	16	basis	basis	NOUN
ftr-297	555	17	for	for	ADP
ftr-297	555	18	that	that	DET
ftr-297	555	19	property	property	NOUN
ftr-297	555	20	.	.	PUNCT
ftr-297	556	1	once	once	ADV
ftr-297	556	2	exhausted	exhausted	ADJ
ftr-297	556	3	,	,	PUNCT
ftr-297	556	4	the	the	DET
ftr-297	556	5	excess	excess	NOUN
ftr-297	556	6	is	be	AUX
ftr-297	556	7	applied	apply	VERB
ftr-297	556	8	to	to	PART
ftr-297	556	9	reduce	reduce	VERB
ftr-297	556	10	the	the	DET
ftr-297	556	11	basis	basis	NOUN
ftr-297	556	12	for	for	ADP
ftr-297	556	13	other	other	ADJ
ftr-297	556	14	property.7	property.7	NOUN
ftr-297	556	15	the	the	DET
ftr-297	556	16	rule	rule	NOUN
ftr-297	556	17	attempts	attempt	VERB
ftr-297	556	18	to	to	PART
ftr-297	556	19	ensure	ensure	VERB
ftr-297	556	20	that	that	SCONJ
ftr-297	556	21	there	there	PRON
ftr-297	556	22	is	be	VERB
ftr-297	556	23	no	no	DET
ftr-297	556	24	disappearing	disappear	VERB
ftr-297	556	25	or	or	CCONJ
ftr-297	556	26	suspended	suspend	VERB
ftr-297	556	27	basis	basis	NOUN
ftr-297	556	28	adjustment	adjustment	NOUN
ftr-297	556	29	.	.	PUNCT
ftr-297	557	1	assume	assume	VERB
ftr-297	557	2	equal	equal	ADJ
ftr-297	557	3	partnership	partnership	NOUN
ftr-297	557	4	abc	abc	PROPN
ftr-297	557	5	with	with	ADP
ftr-297	557	6	the	the	DET
ftr-297	557	7	following	follow	VERB
ftr-297	557	8	tax	tax	NOUN
ftr-297	557	9	balance	balance	NOUN
ftr-297	557	10	sheet	sheet	NOUN
ftr-297	557	11	:	:	PUNCT
ftr-297	557	12	assets	asset	NOUN
ftr-297	557	13	:	:	PUNCT
ftr-297	557	14	adjusted	adjust	VERB
ftr-297	557	15	fair	fair	ADJ
ftr-297	557	16	excess	excess	NOUN
ftr-297	557	17	of	of	ADP
ftr-297	557	18	fair	fair	ADJ
ftr-297	557	19	d	d	PROPN
ftr-297	557	20	's	's	PART
ftr-297	557	21	share	share	NOUN
ftr-297	557	22	of	of	ADP
ftr-297	557	23	basis	basis	NOUN
ftr-297	557	24	market	market	NOUN
ftr-297	557	25	market	market	NOUN
ftr-297	557	26	value	value	NOUN
ftr-297	557	27	income	income	NOUN
ftr-297	557	28	/	/	SYM
ftr-297	557	29	loss	loss	NOUN
ftr-297	557	30	on	on	ADP
ftr-297	557	31	value	value	NOUN
ftr-297	557	32	over	over	ADP
ftr-297	557	33	basis	basis	NOUN
ftr-297	557	34	hypothetical	hypothetical	ADJ
ftr-297	557	35	transaction	transaction	NOUN
ftr-297	557	36	capital	capital	NOUN
ftr-297	557	37	assets	asset	NOUN
ftr-297	557	38	land	land	NOUN
ftr-297	557	39	investment	investment	NOUN
ftr-297	557	40	$	$	SYM
ftr-297	557	41	30,000	30,000	NUM
ftr-297	557	42	$	$	SYM
ftr-297	557	43	60,000	60,000	NUM
ftr-297	557	44	$	$	SYM
ftr-297	557	45	30,000	30,000	NUM
ftr-297	557	46	$	$	SYM
ftr-297	557	47	10,000	10,000	NUM
ftr-297	557	48	securities	security	NOUN
ftr-297	557	49	10	10	NUM
ftr-297	557	50	90,000	90,000	NUM
ftr-297	557	51	7	7	NUM
ftr-297	557	52	0	0	NUM
ftr-297	557	53	total	total	NOUN
ftr-297	557	54	$	$	SYM
ftr-297	557	55	45,000	45,000	NUM
ftr-297	557	56	$	$	SYM
ftr-297	557	57	150,000	150,000	NUM
ftr-297	557	58	$	$	SYM
ftr-297	557	59	105,000	105,000	NUM
ftr-297	557	60	other	other	ADJ
ftr-297	557	61	property	property	NOUN
ftr-297	557	62	inventory	inventory	NOUN
ftr-297	557	63	$	$	SYM
ftr-297	557	64	21,000	21,000	NUM
ftr-297	557	65	$	$	SYM
ftr-297	557	66	66,000	66,000	NUM
ftr-297	557	67	$	$	SYM
ftr-297	557	68	45,000	45,000	NUM
ftr-297	557	69	$	$	SYM
ftr-297	557	70	15,000	15,000	NUM
ftr-297	557	71	accounts	account	NOUN
ftr-297	557	72	receivable	receivable	ADJ
ftr-297	557	73	0	0	NUM
ftr-297	558	1	15,00	15,00	NUM
ftr-297	558	2	10050	10050	NUM
ftr-297	558	3	total	total	ADJ
ftr-297	558	4	$	$	SYM
ftr-297	558	5	21,.000	21,.000	NUM
ftr-297	558	6	$	$	SYM
ftr-297	558	7	81,00	81,00	NUM
ftr-297	558	8	$	$	SYM
ftr-297	558	9	60,000	60,000	NUM
ftr-297	558	10	total	total	ADJ
ftr-297	558	11	$	$	SYM
ftr-297	558	12	66,000	66,000	NUM
ftr-297	558	13	$	$	SYM
ftr-297	558	14	231,000	231,000	NUM
ftr-297	558	15	$	$	SYM
ftr-297	558	16	165,000	165,000	NUM
ftr-297	558	17	$	$	SYM
ftr-297	558	18	55,000	55,000	NUM
ftr-297	558	19	capital	capital	NOUN
ftr-297	558	20	:	:	PUNCT
ftr-297	558	21	a	a	DET
ftr-297	558	22	$	$	SYM
ftr-297	558	23	22,000	22,000	NUM
ftr-297	558	24	$	$	SYM
ftr-297	558	25	77,000	77,000	NUM
ftr-297	558	26	$	$	SYM
ftr-297	558	27	55,000	55,000	NUM
ftr-297	558	28	b	b	NUM
ftr-297	558	29	22,000	22,000	NUM
ftr-297	558	30	77,000	77,000	NUM
ftr-297	558	31	55,000	55,000	NUM
ftr-297	558	32	c	c	NOUN
ftr-297	558	33	22000	22000	NUM
ftr-297	558	34	77,009	77,009	NUM
ftr-297	558	35	5	5	NUM
ftr-297	558	36	total	total	ADJ
ftr-297	558	37	$	$	SYM
ftr-297	558	38	66,000	66,000	NUM
ftr-297	558	39	$	$	SYM
ftr-297	558	40	231,000	231,000	NUM
ftr-297	558	41	$	$	SYM
ftr-297	558	42	165,000	165,000	NUM
ftr-297	558	43	if	if	SCONJ
ftr-297	558	44	c	c	PROPN
ftr-297	558	45	sells	sell	VERB
ftr-297	558	46	her	her	PRON
ftr-297	558	47	partnership	partnership	NOUN
ftr-297	558	48	interest	interest	NOUN
ftr-297	558	49	to	to	ADP
ftr-297	558	50	d	d	PROPN
ftr-297	558	51	for	for	ADP
ftr-297	558	52	$	$	SYM
ftr-297	558	53	77,000	77,000	NUM
ftr-297	558	54	,	,	PUNCT
ftr-297	558	55	the	the	DET
ftr-297	558	56	total	total	ADJ
ftr-297	558	57	adjustment	adjustment	NOUN
ftr-297	558	58	available	available	ADJ
ftr-297	558	59	to	to	ADP
ftr-297	558	60	d	d	PROPN
ftr-297	558	61	is	be	AUX
ftr-297	558	62	$	$	SYM
ftr-297	558	63	55,000	55,000	NUM
ftr-297	558	64	,	,	PUNCT
ftr-297	558	65	the	the	DET
ftr-297	558	66	excess	excess	NOUN
ftr-297	558	67	of	of	ADP
ftr-297	558	68	the	the	DET
ftr-297	558	69	basis	basis	NOUN
ftr-297	558	70	for	for	ADP
ftr-297	558	71	d	d	PROPN
ftr-297	558	72	's	's	PART
ftr-297	558	73	partnership	partnership	NOUN
ftr-297	558	74	interest	interest	NOUN
ftr-297	558	75	(	(	PUNCT
ftr-297	558	76	$	$	SYM
ftr-297	558	77	77,000	77,000	NUM
ftr-297	558	78	)	)	PUNCT
ftr-297	558	79	over	over	ADP
ftr-297	558	80	his	his	PRON
ftr-297	558	81	share	share	NOUN
ftr-297	558	82	of	of	ADP
ftr-297	558	83	previously	previously	ADV
ftr-297	558	84	taxed	tax	VERB
ftr-297	558	85	capital	capital	NOUN
ftr-297	558	86	(	(	PUNCT
ftr-297	558	87	$	$	SYM
ftr-297	558	88	22,000	22,000	NUM
ftr-297	558	89	)	)	PUNCT
ftr-297	558	90	.	.	PUNCT
ftr-297	559	1	76	76	NUM
ftr-297	559	2	.	.	PUNCT
ftr-297	560	1	reg	reg	NOUN
ftr-297	560	2	.	.	PUNCT
ftr-297	561	1	§	§	PROPN
ftr-297	561	2	1.755	1.755	NUM
ftr-297	561	3	-	-	PUNCT
ftr-297	561	4	l(b)(2)(i	l(b)(2)(i	NOUN
ftr-297	561	5	)	)	PUNCT
ftr-297	561	6	.	.	PUNCT
ftr-297	562	1	77	77	NUM
ftr-297	562	2	.	.	PUNCT
ftr-297	563	1	reg	reg	NOUN
ftr-297	563	2	.	.	PUNCT
ftr-297	564	1	§	§	PROPN
ftr-297	564	2	§	§	PROPN
ftr-297	564	3	1.755	1.755	NUM
ftr-297	564	4	-	-	SYM
ftr-297	564	5	1(b)(2)(i)(a	1(b)(2)(i)(a	NUM
ftr-297	564	6	)	)	PUNCT
ftr-297	564	7	,	,	PUNCT
ftr-297	564	8	1.755	1.755	NUM
ftr-297	564	9	-	-	SYM
ftr-297	564	10	1(b)(2)(i)(b	1(b)(2)(i)(b	NUM
ftr-297	564	11	)	)	PUNCT
ftr-297	564	12	.	.	PUNCT
ftr-297	565	1	many	many	ADJ
ftr-297	565	2	of	of	ADP
ftr-297	565	3	the	the	DET
ftr-297	565	4	complex	complex	ADJ
ftr-297	565	5	allocation	allocation	NOUN
ftr-297	565	6	rules	rule	NOUN
ftr-297	565	7	appearing	appear	VERB
ftr-297	565	8	in	in	ADP
ftr-297	565	9	these	these	DET
ftr-297	565	10	regulations	regulation	NOUN
ftr-297	565	11	are	be	AUX
ftr-297	565	12	not	not	PART
ftr-297	565	13	generally	generally	ADV
ftr-297	565	14	necessary	necessary	ADJ
ftr-297	565	15	.	.	PUNCT
ftr-297	566	1	as	as	SCONJ
ftr-297	566	2	they	they	PRON
ftr-297	566	3	deal	deal	VERB
ftr-297	566	4	with	with	ADP
ftr-297	566	5	deep	deep	ADJ
ftr-297	566	6	discount	discount	NOUN
ftr-297	566	7	purchase	purchase	NOUN
ftr-297	566	8	price	price	NOUN
ftr-297	566	9	situations	situation	NOUN
ftr-297	566	10	,	,	PUNCT
ftr-297	566	11	their	their	PRON
ftr-297	566	12	applicability	applicability	NOUN
ftr-297	566	13	is	be	AUX
ftr-297	566	14	limited	limited	ADJ
ftr-297	566	15	.	.	PUNCT
ftr-297	567	1	even	even	ADV
ftr-297	567	2	in	in	ADP
ftr-297	567	3	such	such	ADJ
ftr-297	567	4	cases	case	NOUN
ftr-297	567	5	,	,	PUNCT
ftr-297	567	6	there	there	PRON
ftr-297	567	7	are	be	VERB
ftr-297	567	8	theoretical	theoretical	ADJ
ftr-297	567	9	concerns	concern	NOUN
ftr-297	567	10	with	with	ADP
ftr-297	567	11	such	such	DET
ftr-297	567	12	an	an	DET
ftr-297	567	13	approach	approach	NOUN
ftr-297	567	14	,	,	PUNCT
ftr-297	567	15	i.e.	i.e.	X
ftr-297	567	16	,	,	PUNCT
ftr-297	567	17	how	how	SCONJ
ftr-297	567	18	can	can	AUX
ftr-297	567	19	the	the	DET
ftr-297	567	20	value	value	NOUN
ftr-297	567	21	of	of	ADP
ftr-297	567	22	the	the	DET
ftr-297	567	23	assets	asset	NOUN
ftr-297	567	24	not	not	PART
ftr-297	567	25	equate	equate	VERB
ftr-297	567	26	with	with	ADP
ftr-297	567	27	the	the	DET
ftr-297	567	28	purchase	purchase	NOUN
ftr-297	567	29	price	price	NOUN
ftr-297	567	30	in	in	ADP
ftr-297	567	31	an	an	DET
ftr-297	567	32	arm	arm	NOUN
ftr-297	567	33	's	's	PART
ftr-297	567	34	length	length	NOUN
ftr-297	567	35	transaction	transaction	NOUN
ftr-297	567	36	.	.	PUNCT
ftr-297	568	1	128	128	NUM
ftr-297	568	2	[	[	PUNCT
ftr-297	568	3	vol	vol	NOUN
ftr-297	568	4	.	.	PUNCT
ftr-297	569	1	i15	i15	PROPN
ftr-297	569	2	:	:	PUNCT
ftr-297	569	3	3	3	NUM
ftr-297	569	4	optional	optional	ADJ
ftr-297	569	5	basis	basis	NOUN
ftr-297	569	6	adjustments	adjustment	NOUN
ftr-297	569	7	under	under	ADP
ftr-297	569	8	subchapter	subchapter	NOUN
ftr-297	569	9	k	k	PROPN
ftr-297	569	10	as	as	ADP
ftr-297	569	11	the	the	DET
ftr-297	569	12	starting	starting	NOUN
ftr-297	569	13	point	point	NOUN
ftr-297	569	14	,	,	PUNCT
ftr-297	569	15	the	the	DET
ftr-297	569	16	regulations	regulation	NOUN
ftr-297	569	17	ensure	ensure	VERB
ftr-297	569	18	that	that	SCONJ
ftr-297	569	19	the	the	DET
ftr-297	569	20	$	$	SYM
ftr-297	569	21	55,000	55,000	NUM
ftr-297	569	22	adjustment	adjustment	NOUN
ftr-297	569	23	is	be	AUX
ftr-297	569	24	allocated	allocate	VERB
ftr-297	569	25	between	between	ADP
ftr-297	569	26	the	the	DET
ftr-297	569	27	classes	class	NOUN
ftr-297	569	28	based	base	VERB
ftr-297	569	29	upon	upon	SCONJ
ftr-297	569	30	the	the	DET
ftr-297	569	31	hypothetical	hypothetical	ADJ
ftr-297	569	32	sale	sale	NOUN
ftr-297	569	33	of	of	ADP
ftr-297	569	34	assets	asset	NOUN
ftr-297	569	35	,	,	PUNCT
ftr-297	569	36	with	with	ADP
ftr-297	569	37	priority	priority	NOUN
ftr-297	569	38	given	give	VERB
ftr-297	569	39	to	to	ADP
ftr-297	569	40	other	other	ADJ
ftr-297	569	41	property	property	NOUN
ftr-297	569	42	.	.	PUNCT
ftr-297	570	1	thus	thus	ADV
ftr-297	570	2	,	,	PUNCT
ftr-297	570	3	the	the	DET
ftr-297	570	4	portion	portion	NOUN
ftr-297	570	5	of	of	ADP
ftr-297	570	6	the	the	DET
ftr-297	570	7	$	$	SYM
ftr-297	570	8	55,000	55,000	NUM
ftr-297	570	9	adjustment	adjustment	NOUN
ftr-297	570	10	attributable	attributable	ADJ
ftr-297	570	11	to	to	ADP
ftr-297	570	12	other	other	ADJ
ftr-297	570	13	property	property	NOUN
ftr-297	570	14	is	be	AUX
ftr-297	570	15	the	the	DET
ftr-297	570	16	$	$	SYM
ftr-297	570	17	20,000	20,000	NUM
ftr-297	570	18	of	of	ADP
ftr-297	570	19	income	income	NOUN
ftr-297	570	20	that	that	PRON
ftr-297	570	21	would	would	AUX
ftr-297	570	22	arise	arise	VERB
ftr-297	570	23	upon	upon	SCONJ
ftr-297	570	24	a	a	DET
ftr-297	570	25	sale	sale	NOUN
ftr-297	570	26	of	of	ADP
ftr-297	570	27	such	such	ADJ
ftr-297	570	28	assets	asset	NOUN
ftr-297	570	29	.	.	PUNCT
ftr-297	571	1	the	the	DET
ftr-297	571	2	calculation	calculation	NOUN
ftr-297	571	3	for	for	ADP
ftr-297	571	4	the	the	DET
ftr-297	571	5	capital	capital	NOUN
ftr-297	571	6	assets	asset	NOUN
ftr-297	571	7	involves	involve	VERB
ftr-297	571	8	a	a	DET
ftr-297	571	9	comparison	comparison	NOUN
ftr-297	571	10	between	between	ADP
ftr-297	571	11	the	the	DET
ftr-297	571	12	overall	overall	ADJ
ftr-297	571	13	adjustment	adjustment	NOUN
ftr-297	571	14	(	(	PUNCT
ftr-297	571	15	$	$	SYM
ftr-297	571	16	55,000	55,000	NUM
ftr-297	571	17	)	)	PUNCT
ftr-297	571	18	and	and	CCONJ
ftr-297	571	19	the	the	DET
ftr-297	571	20	amount	amount	NOUN
ftr-297	571	21	allocated	allocate	VERB
ftr-297	571	22	to	to	ADP
ftr-297	571	23	the	the	DET
ftr-297	571	24	class	class	NOUN
ftr-297	571	25	of	of	ADP
ftr-297	571	26	other	other	ADJ
ftr-297	571	27	property	property	NOUN
ftr-297	571	28	(	(	PUNCT
ftr-297	571	29	$	$	SYM
ftr-297	571	30	20,000	20,000	NUM
ftr-297	571	31	)	)	PUNCT
ftr-297	571	32	,	,	PUNCT
ftr-297	571	33	which	which	PRON
ftr-297	571	34	results	result	VERB
ftr-297	571	35	in	in	ADP
ftr-297	571	36	a	a	DET
ftr-297	571	37	$	$	SYM
ftr-297	571	38	35,000	35,000	NUM
ftr-297	571	39	adjustment	adjustment	NOUN
ftr-297	571	40	to	to	ADP
ftr-297	571	41	d	d	PROPN
ftr-297	571	42	's	's	PART
ftr-297	571	43	share	share	NOUN
ftr-297	571	44	of	of	ADP
ftr-297	571	45	those	those	DET
ftr-297	571	46	assets	asset	NOUN
ftr-297	571	47	.	.	PUNCT
ftr-297	572	1	2	2	X
ftr-297	572	2	.	.	X
ftr-297	572	3	allocation	allocation	NOUN
ftr-297	572	4	to	to	ADP
ftr-297	572	5	property	property	NOUN
ftr-297	572	6	within	within	ADP
ftr-297	572	7	a	a	DET
ftr-297	572	8	class	class	NOUN
ftr-297	572	9	the	the	DET
ftr-297	572	10	regulations	regulation	NOUN
ftr-297	572	11	address	address	VERB
ftr-297	572	12	allocations	allocation	NOUN
ftr-297	572	13	of	of	ADP
ftr-297	572	14	the	the	DET
ftr-297	572	15	adjustment	adjustment	NOUN
ftr-297	572	16	to	to	ADP
ftr-297	572	17	assets	asset	NOUN
ftr-297	572	18	within	within	ADP
ftr-297	572	19	a	a	DET
ftr-297	572	20	class	class	NOUN
ftr-297	572	21	,	,	PUNCT
ftr-297	572	22	in	in	ADP
ftr-297	572	23	essence	essence	NOUN
ftr-297	572	24	,	,	PUNCT
ftr-297	572	25	following	follow	VERB
ftr-297	572	26	a	a	DET
ftr-297	572	27	procedure	procedure	NOUN
ftr-297	572	28	similar	similar	ADJ
ftr-297	572	29	to	to	ADP
ftr-297	572	30	the	the	DET
ftr-297	572	31	overall	overall	ADJ
ftr-297	572	32	adjustment	adjustment	NOUN
ftr-297	572	33	.	.	PUNCT
ftr-297	573	1	furthermore	furthermore	ADV
ftr-297	573	2	,	,	PUNCT
ftr-297	573	3	the	the	DET
ftr-297	573	4	regulations	regulation	NOUN
ftr-297	573	5	prioritize	prioritize	VERB
ftr-297	573	6	the	the	DET
ftr-297	573	7	adjustment	adjustment	NOUN
ftr-297	573	8	to	to	ADP
ftr-297	573	9	ordinary	ordinary	ADJ
ftr-297	573	10	income	income	NOUN
ftr-297	573	11	property	property	NOUN
ftr-297	573	12	and	and	CCONJ
ftr-297	573	13	focus	focus	VERB
ftr-297	573	14	on	on	ADP
ftr-297	573	15	the	the	DET
ftr-297	573	16	income	income	NOUN
ftr-297	573	17	or	or	CCONJ
ftr-297	573	18	loss	loss	NOUN
ftr-297	573	19	that	that	PRON
ftr-297	573	20	would	would	AUX
ftr-297	573	21	be	be	AUX
ftr-297	573	22	generated	generate	VERB
ftr-297	573	23	by	by	ADP
ftr-297	573	24	each	each	DET
ftr-297	573	25	asset	asset	NOUN
ftr-297	573	26	through	through	ADP
ftr-297	573	27	the	the	DET
ftr-297	573	28	hypothetical	hypothetical	ADJ
ftr-297	573	29	sale	sale	NOUN
ftr-297	573	30	.	.	PUNCT
ftr-297	574	1	as	as	ADP
ftr-297	574	2	a	a	DET
ftr-297	574	3	consequence	consequence	NOUN
ftr-297	574	4	,	,	PUNCT
ftr-297	574	5	both	both	CCONJ
ftr-297	574	6	positive	positive	ADJ
ftr-297	574	7	and	and	CCONJ
ftr-297	574	8	negative	negative	ADJ
ftr-297	574	9	adjustments	adjustment	NOUN
ftr-297	574	10	can	can	AUX
ftr-297	574	11	arise	arise	VERB
ftr-297	574	12	simultaneously	simultaneously	ADV
ftr-297	574	13	within	within	ADP
ftr-297	574	14	a	a	DET
ftr-297	574	15	single	single	ADJ
ftr-297	574	16	class.79	class.79	NOUN
ftr-297	574	17	if	if	SCONJ
ftr-297	574	18	the	the	DET
ftr-297	574	19	value	value	NOUN
ftr-297	574	20	of	of	ADP
ftr-297	574	21	the	the	DET
ftr-297	574	22	land	land	NOUN
ftr-297	574	23	were	be	AUX
ftr-297	574	24	instead	instead	ADV
ftr-297	574	25	$	$	SYM
ftr-297	574	26	123,000	123,000	NUM
ftr-297	574	27	,	,	PUNCT
ftr-297	574	28	i.e.	i.e.	X
ftr-297	574	29	,	,	PUNCT
ftr-297	574	30	an	an	DET
ftr-297	574	31	increase	increase	NOUN
ftr-297	574	32	in	in	ADP
ftr-297	574	33	prior	prior	ADJ
ftr-297	574	34	value	value	NOUN
ftr-297	574	35	by	by	ADP
ftr-297	574	36	$	$	SYM
ftr-297	574	37	63,000	63,000	NUM
ftr-297	574	38	,	,	PUNCT
ftr-297	574	39	and	and	CCONJ
ftr-297	574	40	the	the	DET
ftr-297	574	41	inventory	inventory	NOUN
ftr-297	574	42	value	value	NOUN
ftr-297	574	43	were	be	AUX
ftr-297	574	44	$	$	SYM
ftr-297	574	45	3,000	3,000	NUM
ftr-297	574	46	,	,	PUNCT
ftr-297	574	47	i.e.	i.e.	X
ftr-297	574	48	,	,	PUNCT
ftr-297	574	49	a	a	DET
ftr-297	574	50	decrease	decrease	NOUN
ftr-297	574	51	in	in	ADP
ftr-297	574	52	prior	prior	ADJ
ftr-297	574	53	value	value	NOUN
ftr-297	574	54	by	by	ADP
ftr-297	574	55	$	$	SYM
ftr-297	574	56	63,000	63,000	NUM
ftr-297	574	57	,	,	PUNCT
ftr-297	574	58	the	the	DET
ftr-297	574	59	altered	altered	ADJ
ftr-297	574	60	tax	tax	NOUN
ftr-297	574	61	balance	balance	NOUN
ftr-297	574	62	sheet	sheet	NOUN
ftr-297	574	63	would	would	AUX
ftr-297	574	64	appear	appear	VERB
ftr-297	574	65	as	as	SCONJ
ftr-297	574	66	follows	follow	VERB
ftr-297	574	67	:	:	PUNCT
ftr-297	574	68	assets	asset	NOUN
ftr-297	574	69	:	:	PUNCT
ftr-297	574	70	adjusted	adjust	VERB
ftr-297	574	71	fair	fair	ADJ
ftr-297	574	72	excess	excess	NOUN
ftr-297	574	73	of	of	ADP
ftr-297	574	74	d	d	PROPN
ftr-297	574	75	's	's	PART
ftr-297	574	76	share	share	NOUN
ftr-297	574	77	of	of	ADP
ftr-297	574	78	basis	basis	NOUN
ftr-297	574	79	market	market	NOUN
ftr-297	574	80	fair	fair	ADJ
ftr-297	574	81	market	market	NOUN
ftr-297	574	82	income	income	NOUN
ftr-297	574	83	/	/	SYM
ftr-297	574	84	loss	loss	NOUN
ftr-297	574	85	value	value	NOUN
ftr-297	574	86	value	value	NOUN
ftr-297	574	87	over	over	ADP
ftr-297	574	88	hypothetical	hypothetical	ADJ
ftr-297	574	89	basis	basis	NOUN
ftr-297	574	90	transaction	transaction	NOUN
ftr-297	574	91	capital	capital	NOUN
ftr-297	574	92	assets	asset	NOUN
ftr-297	574	93	land	land	VERB
ftr-297	574	94	$	$	SYM
ftr-297	574	95	30,000	30,000	NUM
ftr-297	574	96	$	$	SYM
ftr-297	574	97	123,000	123,000	NUM
ftr-297	574	98	$	$	SYM
ftr-297	574	99	93,000	93,000	NUM
ftr-297	574	100	$	$	SYM
ftr-297	574	101	31,000	31,000	NUM
ftr-297	574	102	investment	investment	NOUN
ftr-297	574	103	0	0	NUM
ftr-297	574	104	90	90	NUM
ftr-297	574	105	securities	security	NOUN
ftr-297	574	106	total	total	VERB
ftr-297	574	107	$	$	SYM
ftr-297	574	108	45,000	45,000	NUM
ftr-297	574	109	$	$	SYM
ftr-297	574	110	2	2	NUM
ftr-297	574	111	13000	13000	NUM
ftr-297	574	112	$	$	SYM
ftr-297	574	113	16,000	16,000	NUM
ftr-297	574	114	$	$	SYM
ftr-297	574	115	56,000	56,000	NUM
ftr-297	574	116	other	other	ADJ
ftr-297	574	117	property	property	NOUN
ftr-297	574	118	inventory	inventory	NOUN
ftr-297	574	119	$	$	SYM
ftr-297	574	120	21,000	21,000	NUM
ftr-297	574	121	$	$	SYM
ftr-297	574	122	3,000	3,000	NUM
ftr-297	574	123	(	(	PUNCT
ftr-297	574	124	$	$	SYM
ftr-297	574	125	18,000	18,000	NUM
ftr-297	574	126	)	)	PUNCT
ftr-297	574	127	(	(	PUNCT
ftr-297	574	128	$	$	SYM
ftr-297	574	129	6,000	6,000	NUM
ftr-297	574	130	)	)	PUNCT
ftr-297	574	131	accounts	account	NOUN
ftr-297	574	132	receivable	receivable	ADJ
ftr-297	574	133	0	0	NUM
ftr-297	574	134	1l5o	1l5o	NUM
ftr-297	574	135	1500	1500	NUM
ftr-297	574	136	5,000	5,000	NUM
ftr-297	574	137	total	total	NOUN
ftr-297	574	138	$	$	SYM
ftr-297	574	139	21,000	21,000	NUM
ftr-297	574	140	$	$	SYM
ftr-297	574	141	18,000	18,000	NUM
ftr-297	574	142	(	(	PUNCT
ftr-297	574	143	$	$	SYM
ftr-297	574	144	3,000	3,000	NUM
ftr-297	574	145	)	)	PUNCT
ftr-297	574	146	(	(	PUNCT
ftr-297	574	147	$	$	SYM
ftr-297	574	148	1000	1000	NUM
ftr-297	574	149	)	)	PUNCT
ftr-297	574	150	total	total	VERB
ftr-297	574	151	$	$	SYM
ftr-297	574	152	66,000	66,000	NUM
ftr-297	574	153	$	$	SYM
ftr-297	574	154	231,000	231,000	NUM
ftr-297	574	155	$	$	SYM
ftr-297	574	156	165,000	165,000	NUM
ftr-297	574	157	$	$	SYM
ftr-297	574	158	55,000	55,000	NUM
ftr-297	574	159	capital	capital	NOUN
ftr-297	574	160	:	:	PUNCT
ftr-297	574	161	a	a	DET
ftr-297	574	162	$	$	SYM
ftr-297	574	163	22,000	22,000	NUM
ftr-297	574	164	$	$	SYM
ftr-297	574	165	77,000	77,000	NUM
ftr-297	574	166	$	$	SYM
ftr-297	574	167	55,000	55,000	NUM
ftr-297	574	168	b	b	NUM
ftr-297	574	169	22,000	22,000	NUM
ftr-297	574	170	77,000	77,000	NUM
ftr-297	574	171	55,000	55,000	NUM
ftr-297	574	172	c	c	X
ftr-297	574	173	_	_	NOUN
ftr-297	574	174	22,000	22,000	NUM
ftr-297	574	175	25q	25q	NOUN
ftr-297	574	176	0	0	NUM
ftr-297	574	177	total	total	ADJ
ftr-297	574	178	$	$	SYM
ftr-297	574	179	66,000	66,000	NUM
ftr-297	574	180	$	$	SYM
ftr-297	574	181	231,000	231,000	NUM
ftr-297	574	182	$	$	SYM
ftr-297	574	183	165,000	165,000	NUM
ftr-297	574	184	1.755	1.755	NUM
ftr-297	574	185	-	-	SYM
ftr-297	574	186	1(b)(3)(ii	1(b)(3)(ii	NUM
ftr-297	574	187	)	)	PUNCT
ftr-297	574	188	.	.	PUNCT
ftr-297	575	1	78	78	NUM
ftr-297	575	2	.	.	PUNCT
ftr-297	576	1	reg	reg	NOUN
ftr-297	576	2	.	.	PUNCT
ftr-297	577	1	§	§	PROPN
ftr-297	577	2	1.755	1.755	NUM
ftr-297	577	3	-	-	SYM
ftr-297	577	4	1(b)(3	1(b)(3	NUM
ftr-297	577	5	)	)	PUNCT
ftr-297	577	6	.	.	PUNCT
ftr-297	578	1	79	79	NUM
ftr-297	578	2	.	.	PUNCT
ftr-297	579	1	reg	reg	NOUN
ftr-297	579	2	.	.	PUNCT
ftr-297	580	1	§	§	PROPN
ftr-297	580	2	§	§	PROPN
ftr-297	580	3	1.755	1.755	NUM
ftr-297	580	4	-	-	SYM
ftr-297	580	5	1(b)(3)(i	1(b)(3)(i	NUM
ftr-297	580	6	)	)	PUNCT
ftr-297	580	7	,	,	PUNCT
ftr-297	580	8	2014	2014	NUM
ftr-297	580	9	]	]	PUNCT
ftr-297	580	10	129	129	NUM
ftr-297	580	11	florida	florida	PROPN
ftr-297	580	12	tax	tax	NOUN
ftr-297	580	13	review	review	NOUN
ftr-297	580	14	if	if	SCONJ
ftr-297	580	15	c	c	PROPN
ftr-297	580	16	sells	sell	VERB
ftr-297	580	17	her	her	PRON
ftr-297	580	18	partnership	partnership	NOUN
ftr-297	580	19	interest	interest	NOUN
ftr-297	580	20	to	to	ADP
ftr-297	580	21	d	d	PROPN
ftr-297	580	22	for	for	ADP
ftr-297	580	23	$	$	SYM
ftr-297	580	24	77,000	77,000	NUM
ftr-297	580	25	,	,	PUNCT
ftr-297	580	26	the	the	DET
ftr-297	580	27	total	total	ADJ
ftr-297	580	28	adjustment	adjustment	NOUN
ftr-297	580	29	available	available	ADJ
ftr-297	580	30	to	to	ADP
ftr-297	580	31	d	d	PROPN
ftr-297	580	32	is	be	AUX
ftr-297	580	33	$	$	SYM
ftr-297	580	34	55,000	55,000	NUM
ftr-297	580	35	,	,	PUNCT
ftr-297	580	36	the	the	DET
ftr-297	580	37	excess	excess	NOUN
ftr-297	580	38	of	of	ADP
ftr-297	580	39	the	the	DET
ftr-297	580	40	basis	basis	NOUN
ftr-297	580	41	for	for	ADP
ftr-297	580	42	d	d	PROPN
ftr-297	580	43	's	's	PART
ftr-297	580	44	partnership	partnership	NOUN
ftr-297	580	45	interest	interest	NOUN
ftr-297	580	46	(	(	PUNCT
ftr-297	580	47	$	$	SYM
ftr-297	580	48	77,000	77,000	NUM
ftr-297	580	49	)	)	PUNCT
ftr-297	580	50	over	over	ADP
ftr-297	580	51	his	his	PRON
ftr-297	580	52	share	share	NOUN
ftr-297	580	53	of	of	ADP
ftr-297	580	54	previously	previously	ADV
ftr-297	580	55	taxed	tax	VERB
ftr-297	580	56	capital	capital	NOUN
ftr-297	580	57	(	(	PUNCT
ftr-297	580	58	$	$	SYM
ftr-297	580	59	22,000	22,000	NUM
ftr-297	580	60	)	)	PUNCT
ftr-297	580	61	.	.	PUNCT
ftr-297	581	1	as	as	ADP
ftr-297	581	2	its	its	PRON
ftr-297	581	3	starting	starting	NOUN
ftr-297	581	4	point	point	NOUN
ftr-297	581	5	,	,	PUNCT
ftr-297	581	6	the	the	DET
ftr-297	581	7	regulations	regulation	NOUN
ftr-297	581	8	ensure	ensure	VERB
ftr-297	581	9	that	that	SCONJ
ftr-297	581	10	the	the	DET
ftr-297	581	11	$	$	SYM
ftr-297	581	12	55,000	55,000	NUM
ftr-297	581	13	adjustment	adjustment	NOUN
ftr-297	581	14	is	be	AUX
ftr-297	581	15	allocated	allocate	VERB
ftr-297	581	16	between	between	ADP
ftr-297	581	17	the	the	DET
ftr-297	581	18	classes	class	NOUN
ftr-297	581	19	with	with	ADP
ftr-297	581	20	priority	priority	NOUN
ftr-297	581	21	given	give	VERB
ftr-297	581	22	to	to	ADP
ftr-297	581	23	other	other	ADJ
ftr-297	581	24	property	property	NOUN
ftr-297	581	25	.	.	PUNCT
ftr-297	582	1	furthermore	furthermore	ADV
ftr-297	582	2	,	,	PUNCT
ftr-297	582	3	the	the	DET
ftr-297	582	4	adjustment	adjustment	NOUN
ftr-297	582	5	to	to	ADP
ftr-297	582	6	both	both	DET
ftr-297	582	7	classes	class	NOUN
ftr-297	582	8	is	be	AUX
ftr-297	582	9	not	not	PART
ftr-297	582	10	capped	cap	VERB
ftr-297	582	11	at	at	ADP
ftr-297	582	12	$	$	SYM
ftr-297	582	13	55,000	55,000	NUM
ftr-297	582	14	.	.	PUNCT
ftr-297	583	1	thus	thus	ADV
ftr-297	583	2	,	,	PUNCT
ftr-297	583	3	the	the	DET
ftr-297	583	4	portion	portion	NOUN
ftr-297	583	5	of	of	ADP
ftr-297	583	6	the	the	DET
ftr-297	583	7	adjustment	adjustment	NOUN
ftr-297	583	8	attributable	attributable	ADJ
ftr-297	583	9	to	to	ADP
ftr-297	583	10	the	the	DET
ftr-297	583	11	class	class	NOUN
ftr-297	583	12	of	of	ADP
ftr-297	583	13	other	other	ADJ
ftr-297	583	14	property	property	NOUN
ftr-297	583	15	is	be	AUX
ftr-297	583	16	a	a	DET
ftr-297	583	17	decrease	decrease	NOUN
ftr-297	583	18	of	of	ADP
ftr-297	583	19	$	$	SYM
ftr-297	583	20	1,000	1,000	NUM
ftr-297	583	21	,	,	PUNCT
ftr-297	583	22	i.e.	i.e.	X
ftr-297	583	23	,	,	PUNCT
ftr-297	583	24	a	a	DET
ftr-297	583	25	$	$	SYM
ftr-297	583	26	6,000	6,000	NUM
ftr-297	583	27	decrease	decrease	NOUN
ftr-297	583	28	attributable	attributable	ADJ
ftr-297	583	29	to	to	ADP
ftr-297	583	30	the	the	DET
ftr-297	583	31	inventory	inventory	NOUN
ftr-297	583	32	offset	offset	VERB
ftr-297	583	33	by	by	ADP
ftr-297	583	34	a	a	DET
ftr-297	583	35	$	$	SYM
ftr-297	583	36	5,000	5,000	NUM
ftr-297	583	37	increase	increase	NOUN
ftr-297	583	38	attributable	attributable	ADJ
ftr-297	583	39	to	to	ADP
ftr-297	583	40	the	the	DET
ftr-297	583	41	accounts	account	NOUN
ftr-297	583	42	receivable	receivable	ADJ
ftr-297	583	43	.	.	PUNCT
ftr-297	584	1	the	the	DET
ftr-297	584	2	adjustment	adjustment	NOUN
ftr-297	584	3	attributable	attributable	ADJ
ftr-297	584	4	to	to	ADP
ftr-297	584	5	d	d	PROPN
ftr-297	584	6	's	's	PART
ftr-297	584	7	share	share	NOUN
ftr-297	584	8	of	of	ADP
ftr-297	584	9	the	the	DET
ftr-297	584	10	capital	capital	NOUN
ftr-297	584	11	assets	asset	NOUN
ftr-297	584	12	equals	equal	VERB
ftr-297	584	13	the	the	DET
ftr-297	584	14	overall	overall	ADJ
ftr-297	584	15	adjustment	adjustment	NOUN
ftr-297	584	16	of	of	ADP
ftr-297	584	17	$	$	SYM
ftr-297	584	18	55,000	55,000	NUM
ftr-297	584	19	increased	increase	VERB
ftr-297	584	20	by	by	ADP
ftr-297	584	21	the	the	DET
ftr-297	584	22	$	$	SYM
ftr-297	584	23	1,000	1,000	NUM
ftr-297	584	24	negative	negative	ADJ
ftr-297	584	25	adjustment	adjustment	NOUN
ftr-297	584	26	to	to	ADP
ftr-297	584	27	other	other	ADJ
ftr-297	584	28	property	property	NOUN
ftr-297	584	29	.	.	PUNCT
ftr-297	585	1	thus	thus	ADV
ftr-297	585	2	,	,	PUNCT
ftr-297	585	3	the	the	DET
ftr-297	585	4	adjustment	adjustment	NOUN
ftr-297	585	5	to	to	ADP
ftr-297	585	6	d	d	PROPN
ftr-297	585	7	's	's	PART
ftr-297	585	8	share	share	NOUN
ftr-297	585	9	of	of	ADP
ftr-297	585	10	the	the	DET
ftr-297	585	11	capital	capital	NOUN
ftr-297	585	12	assets	asset	NOUN
ftr-297	585	13	is	be	AUX
ftr-297	585	14	a	a	DET
ftr-297	585	15	positive	positive	ADJ
ftr-297	585	16	adjustment	adjustment	NOUN
ftr-297	585	17	of	of	ADP
ftr-297	585	18	$	$	SYM
ftr-297	585	19	56,000.80	56,000.80	NUM
ftr-297	585	20	iv	iv	NOUN
ftr-297	585	21	.	.	PUNCT
ftr-297	585	22	optional	optional	ADJ
ftr-297	585	23	adjustment	adjustment	NOUN
ftr-297	585	24	to	to	ADP
ftr-297	585	25	basis	basis	NOUN
ftr-297	585	26	of	of	ADP
ftr-297	585	27	undistributed	undistributed	ADJ
ftr-297	585	28	partnership	partnership	NOUN
ftr-297	585	29	property	property	NOUN
ftr-297	585	30	section	section	NOUN
ftr-297	585	31	734(b	734(b	PROPN
ftr-297	585	32	)	)	PUNCT
ftr-297	585	33	a.	a.	NOUN
ftr-297	585	34	reason	reason	NOUN
ftr-297	585	35	for	for	ADP
ftr-297	585	36	optional	optional	ADJ
ftr-297	585	37	adjustment	adjustment	NOUN
ftr-297	585	38	to	to	ADP
ftr-297	585	39	basis	basis	NOUN
ftr-297	585	40	of	of	ADP
ftr-297	585	41	partnership	partnership	NOUN
ftr-297	585	42	property	property	NOUN
ftr-297	585	43	following	follow	VERB
ftr-297	585	44	certain	certain	ADJ
ftr-297	585	45	distributions	distribution	NOUN
ftr-297	585	46	with	with	ADP
ftr-297	585	47	property	property	NOUN
ftr-297	585	48	distributions	distribution	NOUN
ftr-297	585	49	in	in	ADP
ftr-297	585	50	complete	complete	ADJ
ftr-297	585	51	or	or	CCONJ
ftr-297	585	52	partial	partial	ADJ
ftr-297	585	53	liquidation	liquidation	NOUN
ftr-297	585	54	of	of	ADP
ftr-297	585	55	a	a	DET
ftr-297	585	56	partner	partner	NOUN
ftr-297	585	57	's	's	PART
ftr-297	585	58	interest	interest	NOUN
ftr-297	585	59	in	in	ADP
ftr-297	585	60	the	the	DET
ftr-297	585	61	partnership	partnership	NOUN
ftr-297	585	62	,	,	PUNCT
ftr-297	585	63	disparities	disparity	NOUN
ftr-297	585	64	between	between	ADP
ftr-297	585	65	the	the	DET
ftr-297	585	66	inside	inside	ADJ
ftr-297	585	67	basis	basis	NOUN
ftr-297	585	68	of	of	ADP
ftr-297	585	69	the	the	DET
ftr-297	585	70	partnership	partnership	NOUN
ftr-297	585	71	's	's	PART
ftr-297	585	72	assets	asset	NOUN
ftr-297	585	73	and	and	CCONJ
ftr-297	585	74	the	the	DET
ftr-297	585	75	outside	outside	ADJ
ftr-297	585	76	basis	basis	NOUN
ftr-297	585	77	of	of	ADP
ftr-297	585	78	the	the	DET
ftr-297	585	79	partners	partner	NOUN
ftr-297	585	80	'	'	PART
ftr-297	585	81	interests	interest	NOUN
ftr-297	585	82	will	will	AUX
ftr-297	585	83	frequently	frequently	ADV
ftr-297	585	84	arise	arise	VERB
ftr-297	585	85	.	.	PUNCT
ftr-297	586	1	similar	similar	ADJ
ftr-297	586	2	to	to	ADP
ftr-297	586	3	the	the	DET
ftr-297	586	4	basis	basis	NOUN
ftr-297	586	5	adjustments	adjustment	NOUN
ftr-297	586	6	available	available	ADJ
ftr-297	586	7	on	on	ADP
ftr-297	586	8	the	the	DET
ftr-297	586	9	transfer	transfer	NOUN
ftr-297	586	10	of	of	ADP
ftr-297	586	11	a	a	DET
ftr-297	586	12	partnership	partnership	NOUN
ftr-297	586	13	interest	interest	NOUN
ftr-297	586	14	,	,	PUNCT
ftr-297	586	15	congress	congress	PROPN
ftr-297	586	16	adopted	adopt	VERB
ftr-297	586	17	an	an	DET
ftr-297	586	18	elective	elective	ADJ
ftr-297	586	19	approach	approach	NOUN
ftr-297	586	20	to	to	ADP
ftr-297	586	21	basis	basis	NOUN
ftr-297	586	22	adjustments	adjustment	NOUN
ftr-297	586	23	for	for	ADP
ftr-297	586	24	partnership	partnership	NOUN
ftr-297	586	25	distributions	distribution	NOUN
ftr-297	586	26	of	of	ADP
ftr-297	586	27	cash	cash	NOUN
ftr-297	586	28	and/or	and/or	CCONJ
ftr-297	586	29	property	property	NOUN
ftr-297	586	30	.	.	PUNCT
ftr-297	587	1	section	section	NOUN
ftr-297	587	2	734(a	734(a	PROPN
ftr-297	587	3	)	)	PUNCT
ftr-297	587	4	provides	provide	VERB
ftr-297	587	5	that	that	SCONJ
ftr-297	587	6	a	a	DET
ftr-297	587	7	distribution	distribution	NOUN
ftr-297	587	8	of	of	ADP
ftr-297	587	9	partnership	partnership	NOUN
ftr-297	587	10	property	property	NOUN
ftr-297	587	11	to	to	ADP
ftr-297	587	12	a	a	DET
ftr-297	587	13	partner	partner	NOUN
ftr-297	587	14	has	have	VERB
ftr-297	587	15	no	no	DET
ftr-297	587	16	effect	effect	NOUN
ftr-297	587	17	on	on	ADP
ftr-297	587	18	the	the	DET
ftr-297	587	19	basis	basis	NOUN
ftr-297	587	20	of	of	ADP
ftr-297	587	21	property	property	NOUN
ftr-297	587	22	retained	retain	VERB
ftr-297	587	23	by	by	ADP
ftr-297	587	24	the	the	DET
ftr-297	587	25	partnership	partnership	NOUN
ftr-297	587	26	.	.	PUNCT
ftr-297	588	1	this	this	PRON
ftr-297	588	2	is	be	AUX
ftr-297	588	3	so	so	ADV
ftr-297	588	4	notwithstanding	notwithstanding	ADP
ftr-297	588	5	the	the	DET
ftr-297	588	6	appreciation	appreciation	NOUN
ftr-297	588	7	or	or	CCONJ
ftr-297	588	8	depreciation	depreciation	NOUN
ftr-297	588	9	in	in	ADP
ftr-297	588	10	the	the	DET
ftr-297	588	11	value	value	NOUN
ftr-297	588	12	of	of	ADP
ftr-297	588	13	the	the	DET
ftr-297	588	14	asset(s	asset(s	NOUN
ftr-297	588	15	)	)	PUNCT
ftr-297	588	16	distributed	distribute	VERB
ftr-297	588	17	and	and	CCONJ
ftr-297	588	18	the	the	DET
ftr-297	588	19	partial	partial	ADJ
ftr-297	588	20	or	or	CCONJ
ftr-297	588	21	complete	complete	ADJ
ftr-297	588	22	liquidation	liquidation	NOUN
ftr-297	588	23	of	of	ADP
ftr-297	588	24	the	the	DET
ftr-297	588	25	distributee	distributee	NOUN
ftr-297	588	26	.	.	PUNCT
ftr-297	589	1	as	as	ADP
ftr-297	589	2	with	with	ADP
ftr-297	589	3	the	the	DET
ftr-297	589	4	section	section	NOUN
ftr-297	589	5	743(b	743(b	PROPN
ftr-297	589	6	)	)	PUNCT
ftr-297	589	7	adjustment	adjustment	NOUN
ftr-297	589	8	,	,	PUNCT
ftr-297	589	9	the	the	DET
ftr-297	589	10	primary	primary	ADJ
ftr-297	589	11	purpose	purpose	NOUN
ftr-297	589	12	of	of	ADP
ftr-297	589	13	the	the	DET
ftr-297	589	14	section	section	NOUN
ftr-297	589	15	734(b	734(b	NOUN
ftr-297	589	16	)	)	PUNCT
ftr-297	589	17	adjustment	adjustment	NOUN
ftr-297	589	18	is	be	AUX
ftr-297	589	19	to	to	PART
ftr-297	589	20	keep	keep	VERB
ftr-297	589	21	inside	inside	ADV
ftr-297	589	22	and	and	CCONJ
ftr-297	589	23	outside	outside	ADJ
ftr-297	589	24	basis	basis	NOUN
ftr-297	589	25	in	in	ADP
ftr-297	589	26	sync	sync	NOUN
ftr-297	589	27	to	to	PART
ftr-297	589	28	prevent	prevent	VERB
ftr-297	589	29	distortions	distortion	NOUN
ftr-297	589	30	of	of	ADP
ftr-297	589	31	income	income	NOUN
ftr-297	589	32	or	or	CCONJ
ftr-297	589	33	loss	loss	NOUN
ftr-297	589	34	that	that	PRON
ftr-297	589	35	can	can	AUX
ftr-297	589	36	occur	occur	VERB
ftr-297	589	37	under	under	ADP
ftr-297	589	38	the	the	DET
ftr-297	589	39	general	general	ADJ
ftr-297	589	40	rule	rule	NOUN
ftr-297	589	41	.	.	PUNCT
ftr-297	590	1	for	for	ADP
ftr-297	590	2	example	example	NOUN
ftr-297	590	3	,	,	PUNCT
ftr-297	590	4	assume	assume	VERB
ftr-297	590	5	that	that	SCONJ
ftr-297	590	6	the	the	DET
ftr-297	590	7	balance	balance	NOUN
ftr-297	590	8	sheet	sheet	NOUN
ftr-297	590	9	of	of	ADP
ftr-297	590	10	partnership	partnership	NOUN
ftr-297	590	11	abc	abc	PROPN
ftr-297	590	12	is	be	AUX
ftr-297	590	13	as	as	SCONJ
ftr-297	590	14	follows	follow	VERB
ftr-297	590	15	:	:	PUNCT
ftr-297	591	1	assets	asset	NOUN
ftr-297	591	2	:	:	PUNCT
ftr-297	591	3	adjusted	adjust	VERB
ftr-297	591	4	fair	fair	ADJ
ftr-297	591	5	capital	capital	NOUN
ftr-297	591	6	:	:	PUNCT
ftr-297	591	7	adjusted	adjust	VERB
ftr-297	591	8	fair	fair	ADJ
ftr-297	591	9	basis	basis	NOUN
ftr-297	591	10	market	market	NOUN
ftr-297	591	11	basis	basis	NOUN
ftr-297	591	12	market	market	NOUN
ftr-297	591	13	value	value	NOUN
ftr-297	591	14	value	value	NOUN
ftr-297	591	15	cash	cash	NOUN
ftr-297	591	16	$	$	SYM
ftr-297	591	17	12,000	12,000	NUM
ftr-297	591	18	$	$	SYM
ftr-297	591	19	12,000	12,000	NUM
ftr-297	591	20	a	a	DET
ftr-297	591	21	$	$	SYM
ftr-297	591	22	8,000	8,000	NUM
ftr-297	591	23	$	$	SYM
ftr-297	591	24	11,000	11,000	NUM
ftr-297	591	25	capital	capital	NOUN
ftr-297	591	26	asset	asset	NOUN
ftr-297	591	27	x	x	PUNCT
ftr-297	591	28	3,000	3,000	NUM
ftr-297	591	29	11,000	11,000	NUM
ftr-297	591	30	b	b	NOUN
ftr-297	591	31	8,000	8,000	NUM
ftr-297	591	32	11,000	11,000	NUM
ftr-297	591	33	capital	capital	NOUN
ftr-297	591	34	asset	asset	NOUN
ftr-297	591	35	y	y	PROPN
ftr-297	591	36	900	900	NUM
ftr-297	591	37	10,000	10,000	NUM
ftr-297	591	38	c	c	NOUN
ftr-297	591	39	8,000	8,000	NUM
ftr-297	591	40	_	_	NOUN
ftr-297	591	41	10_00	10_00	NUM
ftr-297	591	42	total	total	VERB
ftr-297	591	43	$	$	SYM
ftr-297	591	44	24,000	24,000	NUM
ftr-297	591	45	$	$	SYM
ftr-297	591	46	33,000	33,000	NUM
ftr-297	591	47	total	total	ADJ
ftr-297	591	48	$	$	SYM
ftr-297	591	49	24,000	24,000	NUM
ftr-297	591	50	$	$	SYM
ftr-297	591	51	33,000	33,000	NUM
ftr-297	591	52	80	80	NUM
ftr-297	591	53	.	.	PUNCT
ftr-297	592	1	reg	reg	NOUN
ftr-297	592	2	.	.	PUNCT
ftr-297	593	1	§	§	PROPN
ftr-297	593	2	1.755	1.755	NUM
ftr-297	593	3	-	-	SYM
ftr-297	593	4	1(b)(2)(ii	1(b)(2)(ii	NUM
ftr-297	593	5	)	)	PUNCT
ftr-297	593	6	,	,	PUNCT
ftr-297	593	7	exs	exs	PROPN
ftr-297	593	8	.	.	PUNCT
ftr-297	594	1	(	(	PUNCT
ftr-297	594	2	1	1	NUM
ftr-297	594	3	)	)	PUNCT
ftr-297	594	4	,	,	PUNCT
ftr-297	594	5	(	(	PUNCT
ftr-297	594	6	2	2	NUM
ftr-297	594	7	)	)	PUNCT
ftr-297	594	8	.	.	PUNCT
ftr-297	595	1	[	[	X
ftr-297	595	2	vol	vol	NOUN
ftr-297	595	3	.	.	PUNCT
ftr-297	595	4	15:3130	15:3130	NUM
ftr-297	595	5	optional	optional	ADJ
ftr-297	595	6	basis	basis	NOUN
ftr-297	595	7	adjustments	adjustment	NOUN
ftr-297	595	8	under	under	ADP
ftr-297	595	9	subchapter	subchapter	NOUN
ftr-297	595	10	k	k	NOUN
ftr-297	596	1	if	if	SCONJ
ftr-297	596	2	c	c	PROPN
ftr-297	596	3	receives	receive	VERB
ftr-297	596	4	$	$	SYM
ftr-297	596	5	11,000	11,000	NUM
ftr-297	596	6	in	in	ADP
ftr-297	596	7	cash	cash	NOUN
ftr-297	596	8	in	in	ADP
ftr-297	596	9	liquidation	liquidation	NOUN
ftr-297	596	10	of	of	ADP
ftr-297	596	11	her	her	PRON
ftr-297	596	12	interest	interest	NOUN
ftr-297	596	13	,	,	PUNCT
ftr-297	596	14	she	she	PRON
ftr-297	596	15	realizes	realize	VERB
ftr-297	596	16	taxable	taxable	ADJ
ftr-297	596	17	gain	gain	NOUN
ftr-297	596	18	of	of	ADP
ftr-297	596	19	$	$	SYM
ftr-297	596	20	3,000	3,000	NUM
ftr-297	596	21	,	,	PUNCT
ftr-297	596	22	i.e.	i.e.	X
ftr-297	596	23	,	,	PUNCT
ftr-297	596	24	$	$	SYM
ftr-297	596	25	11,000	11,000	NUM
ftr-297	596	26	received	receive	VERB
ftr-297	596	27	minus	minus	ADP
ftr-297	596	28	her	her	PRON
ftr-297	596	29	$	$	SYM
ftr-297	596	30	8,000	8,000	NUM
ftr-297	596	31	basis	basis	NOUN
ftr-297	596	32	.	.	PUNCT
ftr-297	597	1	this	this	DET
ftr-297	597	2	gain	gain	NOUN
ftr-297	597	3	is	be	AUX
ftr-297	597	4	one	one	NUM
ftr-297	597	5	-	-	PUNCT
ftr-297	597	6	third	third	NOUN
ftr-297	597	7	of	of	ADP
ftr-297	597	8	the	the	DET
ftr-297	597	9	total	total	ADJ
ftr-297	597	10	potential	potential	ADJ
ftr-297	597	11	gain	gain	NOUN
ftr-297	597	12	of	of	ADP
ftr-297	597	13	$	$	SYM
ftr-297	597	14	9,000	9,000	NUM
ftr-297	597	15	on	on	ADP
ftr-297	597	16	capital	capital	NOUN
ftr-297	597	17	asset	asset	NOUN
ftr-297	597	18	x	x	NOUN
ftr-297	597	19	and	and	CCONJ
ftr-297	597	20	capital	capital	NOUN
ftr-297	597	21	asset	asset	NOUN
ftr-297	597	22	y.	y.	NOUN
ftr-297	597	23	under	under	ADP
ftr-297	597	24	the	the	DET
ftr-297	597	25	general	general	ADJ
ftr-297	597	26	rule	rule	NOUN
ftr-297	597	27	,	,	PUNCT
ftr-297	597	28	which	which	PRON
ftr-297	597	29	provides	provide	VERB
ftr-297	597	30	no	no	DET
ftr-297	597	31	adjustment	adjustment	NOUN
ftr-297	597	32	to	to	ADP
ftr-297	597	33	the	the	DET
ftr-297	597	34	basis	basis	NOUN
ftr-297	597	35	of	of	ADP
ftr-297	597	36	the	the	DET
ftr-297	597	37	partnership	partnership	NOUN
ftr-297	597	38	property	property	NOUN
ftr-297	597	39	,	,	PUNCT
ftr-297	597	40	the	the	DET
ftr-297	597	41	partnership	partnership	NOUN
ftr-297	597	42	will	will	AUX
ftr-297	597	43	realize	realize	VERB
ftr-297	597	44	the	the	DET
ftr-297	597	45	full	full	ADJ
ftr-297	597	46	$	$	SYM
ftr-297	597	47	9,000	9,000	NUM
ftr-297	597	48	of	of	ADP
ftr-297	597	49	gain	gain	NOUN
ftr-297	597	50	when	when	SCONJ
ftr-297	597	51	capital	capital	NOUN
ftr-297	597	52	asset	asset	NOUN
ftr-297	597	53	x	x	NOUN
ftr-297	597	54	and	and	CCONJ
ftr-297	597	55	capital	capital	NOUN
ftr-297	597	56	asset	asset	NOUN
ftr-297	597	57	y	y	PROPN
ftr-297	597	58	are	be	AUX
ftr-297	597	59	sold	sell	VERB
ftr-297	597	60	.	.	PUNCT
ftr-297	598	1	since	since	SCONJ
ftr-297	598	2	$	$	SYM
ftr-297	598	3	3,000	3,000	NUM
ftr-297	598	4	of	of	ADP
ftr-297	598	5	gain	gain	NOUN
ftr-297	598	6	has	have	AUX
ftr-297	598	7	been	be	AUX
ftr-297	598	8	recognized	recognize	VERB
ftr-297	598	9	by	by	ADP
ftr-297	598	10	and	and	CCONJ
ftr-297	598	11	taxed	tax	VERB
ftr-297	598	12	to	to	ADP
ftr-297	598	13	c	c	NOUN
ftr-297	598	14	,	,	PUNCT
ftr-297	598	15	a	a	DET
ftr-297	598	16	portion	portion	NOUN
ftr-297	598	17	of	of	ADP
ftr-297	598	18	the	the	DET
ftr-297	598	19	gain	gain	NOUN
ftr-297	598	20	will	will	AUX
ftr-297	598	21	be	be	AUX
ftr-297	598	22	double	double	ADV
ftr-297	598	23	taxed	tax	VERB
ftr-297	598	24	.	.	PUNCT
ftr-297	599	1	the	the	DET
ftr-297	599	2	situation	situation	NOUN
ftr-297	599	3	is	be	AUX
ftr-297	599	4	similar	similar	ADJ
ftr-297	599	5	to	to	ADP
ftr-297	599	6	a	a	DET
ftr-297	599	7	purchase	purchase	NOUN
ftr-297	599	8	of	of	ADP
ftr-297	599	9	c	c	PROPN
ftr-297	599	10	's	's	PART
ftr-297	599	11	partnership	partnership	NOUN
ftr-297	599	12	interest	interest	NOUN
ftr-297	599	13	by	by	ADP
ftr-297	599	14	a	a	PRON
ftr-297	599	15	and	and	CCONJ
ftr-297	599	16	b	b	NOUN
ftr-297	599	17	without	without	ADP
ftr-297	599	18	an	an	DET
ftr-297	599	19	adjustment	adjustment	NOUN
ftr-297	599	20	to	to	PART
ftr-297	599	21	basis	basis	VERB
ftr-297	599	22	.	.	PUNCT
ftr-297	600	1	as	as	ADP
ftr-297	600	2	in	in	ADP
ftr-297	600	3	a	a	DET
ftr-297	600	4	section	section	NOUN
ftr-297	600	5	743	743	NUM
ftr-297	600	6	situation	situation	NOUN
ftr-297	600	7	,	,	PUNCT
ftr-297	600	8	this	this	DET
ftr-297	600	9	inequity	inequity	NOUN
ftr-297	600	10	will	will	AUX
ftr-297	600	11	be	be	AUX
ftr-297	600	12	corrected	correct	VERB
ftr-297	600	13	when	when	SCONJ
ftr-297	600	14	a	a	DET
ftr-297	600	15	and	and	CCONJ
ftr-297	600	16	b	b	NOUN
ftr-297	600	17	dispose	dispose	NOUN
ftr-297	600	18	of	of	ADP
ftr-297	600	19	their	their	PRON
ftr-297	600	20	partnership	partnership	NOUN
ftr-297	600	21	interests	interest	NOUN
ftr-297	600	22	,	,	PUNCT
ftr-297	600	23	but	but	CCONJ
ftr-297	600	24	,	,	PUNCT
ftr-297	600	25	because	because	SCONJ
ftr-297	600	26	of	of	ADP
ftr-297	600	27	timing	timing	NOUN
ftr-297	600	28	and	and	CCONJ
ftr-297	600	29	the	the	DET
ftr-297	600	30	character	character	NOUN
ftr-297	600	31	of	of	ADP
ftr-297	600	32	the	the	DET
ftr-297	600	33	gain	gain	NOUN
ftr-297	600	34	and	and	CCONJ
ftr-297	600	35	loss	loss	NOUN
ftr-297	600	36	,	,	PUNCT
ftr-297	600	37	they	they	PRON
ftr-297	600	38	may	may	AUX
ftr-297	600	39	not	not	PART
ftr-297	600	40	be	be	AUX
ftr-297	600	41	made	make	VERB
ftr-297	600	42	whole	whole	ADJ
ftr-297	600	43	.	.	PUNCT
ftr-297	601	1	if	if	SCONJ
ftr-297	601	2	a	a	DET
ftr-297	601	3	full	full	ADJ
ftr-297	601	4	aggregate	aggregate	ADJ
ftr-297	601	5	theory	theory	NOUN
ftr-297	601	6	were	be	AUX
ftr-297	601	7	used	use	VERB
ftr-297	601	8	,	,	PUNCT
ftr-297	601	9	c	c	PROPN
ftr-297	601	10	would	would	AUX
ftr-297	601	11	be	be	AUX
ftr-297	601	12	treated	treat	VERB
ftr-297	601	13	as	as	SCONJ
ftr-297	601	14	if	if	SCONJ
ftr-297	601	15	she	she	PRON
ftr-297	601	16	had	have	AUX
ftr-297	601	17	sold	sell	VERB
ftr-297	601	18	her	her	PRON
ftr-297	601	19	pro	pro	ADJ
ftr-297	601	20	rata	rata	ADJ
ftr-297	601	21	share	share	NOUN
ftr-297	601	22	of	of	ADP
ftr-297	601	23	each	each	DET
ftr-297	601	24	partnership	partnership	NOUN
ftr-297	601	25	asset	asset	NOUN
ftr-297	601	26	to	to	ADP
ftr-297	601	27	a	a	PRON
ftr-297	601	28	and	and	CCONJ
ftr-297	601	29	b	b	NOUN
ftr-297	601	30	for	for	ADP
ftr-297	601	31	its	its	PRON
ftr-297	601	32	fair	fair	ADJ
ftr-297	601	33	market	market	NOUN
ftr-297	601	34	value	value	NOUN
ftr-297	601	35	and	and	CCONJ
ftr-297	601	36	that	that	DET
ftr-297	601	37	portion	portion	NOUN
ftr-297	601	38	of	of	ADP
ftr-297	601	39	those	those	DET
ftr-297	601	40	assets	asset	NOUN
ftr-297	601	41	would	would	AUX
ftr-297	601	42	have	have	VERB
ftr-297	601	43	a	a	DET
ftr-297	601	44	basis	basis	NOUN
ftr-297	601	45	equal	equal	ADJ
ftr-297	601	46	to	to	ADP
ftr-297	601	47	the	the	DET
ftr-297	601	48	purchase	purchase	NOUN
ftr-297	601	49	price	price	NOUN
ftr-297	601	50	.	.	PUNCT
ftr-297	602	1	similar	similar	ADJ
ftr-297	602	2	to	to	ADP
ftr-297	602	3	the	the	DET
ftr-297	602	4	section	section	NOUN
ftr-297	602	5	743(b	743(b	NOUN
ftr-297	602	6	)	)	PUNCT
ftr-297	602	7	basis	basis	NOUN
ftr-297	602	8	adjustment	adjustment	NOUN
ftr-297	602	9	,	,	PUNCT
ftr-297	602	10	the	the	DET
ftr-297	602	11	section	section	NOUN
ftr-297	602	12	734(b	734(b	NOUN
ftr-297	602	13	)	)	PUNCT
ftr-297	602	14	adjustment	adjustment	NOUN
ftr-297	602	15	is	be	AUX
ftr-297	602	16	intended	intend	VERB
ftr-297	602	17	to	to	PART
ftr-297	602	18	accomplish	accomplish	VERB
ftr-297	602	19	such	such	DET
ftr-297	602	20	a	a	DET
ftr-297	602	21	result	result	NOUN
ftr-297	602	22	following	follow	VERB
ftr-297	602	23	a	a	DET
ftr-297	602	24	distribution	distribution	NOUN
ftr-297	602	25	to	to	ADP
ftr-297	602	26	a	a	DET
ftr-297	602	27	partner	partner	NOUN
ftr-297	602	28	resulting	result	VERB
ftr-297	602	29	in	in	ADP
ftr-297	602	30	gain	gain	NOUN
ftr-297	602	31	or	or	CCONJ
ftr-297	602	32	loss	loss	NOUN
ftr-297	602	33	recognition	recognition	NOUN
ftr-297	602	34	.	.	PUNCT
ftr-297	603	1	the	the	DET
ftr-297	603	2	distributee	distributee	NOUN
ftr-297	603	3	partner	partner	NOUN
ftr-297	603	4	has	have	AUX
ftr-297	603	5	recognized	recognize	VERB
ftr-297	603	6	a	a	DET
ftr-297	603	7	portion	portion	NOUN
ftr-297	603	8	of	of	ADP
ftr-297	603	9	the	the	DET
ftr-297	603	10	partnership	partnership	NOUN
ftr-297	603	11	gain	gain	NOUN
ftr-297	603	12	or	or	CCONJ
ftr-297	603	13	loss	loss	NOUN
ftr-297	603	14	,	,	PUNCT
ftr-297	603	15	and	and	CCONJ
ftr-297	603	16	the	the	DET
ftr-297	603	17	adjustment	adjustment	NOUN
ftr-297	603	18	is	be	AUX
ftr-297	603	19	intended	intend	VERB
ftr-297	603	20	to	to	PART
ftr-297	603	21	prevent	prevent	VERB
ftr-297	603	22	the	the	DET
ftr-297	603	23	remaining	remain	VERB
ftr-297	603	24	partners	partner	NOUN
ftr-297	603	25	from	from	ADP
ftr-297	603	26	recognizing	recognize	VERB
ftr-297	603	27	it	it	PRON
ftr-297	603	28	again	again	ADV
ftr-297	603	29	.	.	PUNCT
ftr-297	604	1	a	a	DET
ftr-297	604	2	similar	similar	ADJ
ftr-297	604	3	rationale	rationale	NOUN
ftr-297	604	4	exists	exist	VERB
ftr-297	604	5	for	for	ADP
ftr-297	604	6	the	the	DET
ftr-297	604	7	application	application	NOUN
ftr-297	604	8	of	of	ADP
ftr-297	604	9	section	section	NOUN
ftr-297	604	10	734(b	734(b	PROPN
ftr-297	604	11	)	)	PUNCT
ftr-297	604	12	to	to	ADP
ftr-297	604	13	the	the	DET
ftr-297	604	14	distribution	distribution	NOUN
ftr-297	604	15	of	of	ADP
ftr-297	604	16	property	property	NOUN
ftr-297	604	17	other	other	ADJ
ftr-297	604	18	than	than	ADP
ftr-297	604	19	money	money	NOUN
ftr-297	604	20	in	in	ADP
ftr-297	604	21	reduction	reduction	NOUN
ftr-297	604	22	of	of	ADP
ftr-297	604	23	a	a	DET
ftr-297	604	24	partner	partner	NOUN
ftr-297	604	25	's	's	PART
ftr-297	604	26	interest	interest	NOUN
ftr-297	604	27	or	or	CCONJ
ftr-297	604	28	withdrawal	withdrawal	NOUN
ftr-297	604	29	of	of	ADP
ftr-297	604	30	a	a	DET
ftr-297	604	31	partner	partner	NOUN
ftr-297	604	32	from	from	ADP
ftr-297	604	33	the	the	DET
ftr-297	604	34	partnership	partnership	NOUN
ftr-297	604	35	.	.	PUNCT
ftr-297	605	1	where	where	SCONJ
ftr-297	605	2	such	such	ADJ
ftr-297	605	3	property	property	NOUN
ftr-297	605	4	is	be	AUX
ftr-297	605	5	appreciated	appreciate	VERB
ftr-297	605	6	or	or	CCONJ
ftr-297	605	7	depreciated	depreciate	VERB
ftr-297	605	8	,	,	PUNCT
ftr-297	605	9	its	its	PRON
ftr-297	605	10	distribution	distribution	NOUN
ftr-297	605	11	carries	carry	VERB
ftr-297	605	12	out	out	ADP
ftr-297	605	13	of	of	ADP
ftr-297	605	14	the	the	DET
ftr-297	605	15	partnership	partnership	NOUN
ftr-297	605	16	gain	gain	NOUN
ftr-297	605	17	or	or	CCONJ
ftr-297	605	18	loss	loss	NOUN
ftr-297	605	19	,	,	PUNCT
ftr-297	605	20	which	which	PRON
ftr-297	605	21	,	,	PUNCT
ftr-297	605	22	if	if	SCONJ
ftr-297	605	23	the	the	DET
ftr-297	605	24	property	property	NOUN
ftr-297	605	25	had	have	AUX
ftr-297	605	26	been	be	AUX
ftr-297	605	27	sold	sell	VERB
ftr-297	605	28	by	by	ADP
ftr-297	605	29	the	the	DET
ftr-297	605	30	partnership	partnership	NOUN
ftr-297	605	31	,	,	PUNCT
ftr-297	605	32	generally	generally	ADV
ftr-297	605	33	would	would	AUX
ftr-297	605	34	have	have	AUX
ftr-297	605	35	been	be	AUX
ftr-297	605	36	attributable	attributable	ADJ
ftr-297	605	37	to	to	ADP
ftr-297	605	38	all	all	PRON
ftr-297	605	39	of	of	ADP
ftr-297	605	40	the	the	DET
ftr-297	605	41	partners	partner	NOUN
ftr-297	605	42	,	,	PUNCT
ftr-297	605	43	not	not	PART
ftr-297	605	44	merely	merely	ADV
ftr-297	605	45	the	the	DET
ftr-297	605	46	distributee	distributee	NOUN
ftr-297	605	47	.	.	PUNCT
ftr-297	606	1	in	in	ADP
ftr-297	606	2	the	the	DET
ftr-297	606	3	above	above	ADJ
ftr-297	606	4	example	example	NOUN
ftr-297	606	5	,	,	PUNCT
ftr-297	606	6	instead	instead	ADV
ftr-297	606	7	of	of	ADP
ftr-297	606	8	distributing	distribute	VERB
ftr-297	606	9	cash	cash	NOUN
ftr-297	606	10	for	for	ADP
ftr-297	606	11	the	the	DET
ftr-297	606	12	partnership	partnership	NOUN
ftr-297	606	13	interest	interest	NOUN
ftr-297	606	14	upon	upon	SCONJ
ftr-297	606	15	c	c	PROPN
ftr-297	606	16	's	's	PART
ftr-297	606	17	withdrawal	withdrawal	NOUN
ftr-297	606	18	,	,	PUNCT
ftr-297	606	19	the	the	DET
ftr-297	606	20	partnership	partnership	NOUN
ftr-297	606	21	might	might	AUX
ftr-297	606	22	distribute	distribute	VERB
ftr-297	606	23	capital	capital	NOUN
ftr-297	606	24	asset	asset	NOUN
ftr-297	606	25	x	x	NOUN
ftr-297	606	26	,	,	PUNCT
ftr-297	606	27	with	with	ADP
ftr-297	606	28	an	an	DET
ftr-297	606	29	adjusted	adjusted	ADJ
ftr-297	606	30	basis	basis	NOUN
ftr-297	606	31	to	to	ADP
ftr-297	606	32	the	the	DET
ftr-297	606	33	partnership	partnership	NOUN
ftr-297	606	34	of	of	ADP
ftr-297	606	35	$	$	SYM
ftr-297	606	36	3,000	3,000	NUM
ftr-297	606	37	and	and	CCONJ
ftr-297	606	38	a	a	DET
ftr-297	606	39	fair	fair	ADJ
ftr-297	606	40	market	market	NOUN
ftr-297	606	41	value	value	NOUN
ftr-297	606	42	of	of	ADP
ftr-297	606	43	$	$	SYM
ftr-297	606	44	11,000	11,000	NUM
ftr-297	606	45	.	.	PUNCT
ftr-297	607	1	partners	partner	NOUN
ftr-297	607	2	a	a	PRON
ftr-297	607	3	and	and	CCONJ
ftr-297	607	4	b	b	NOUN
ftr-297	607	5	have	have	AUX
ftr-297	607	6	,	,	PUNCT
ftr-297	607	7	in	in	ADP
ftr-297	607	8	effect	effect	NOUN
ftr-297	607	9	,	,	PUNCT
ftr-297	607	10	acquired	acquire	VERB
ftr-297	607	11	c	c	PROPN
ftr-297	607	12	's	's	PART
ftr-297	607	13	interest	interest	NOUN
ftr-297	607	14	in	in	ADP
ftr-297	607	15	the	the	DET
ftr-297	607	16	partnership	partnership	NOUN
ftr-297	607	17	in	in	ADP
ftr-297	607	18	exchange	exchange	NOUN
ftr-297	607	19	for	for	ADP
ftr-297	607	20	their	their	PRON
ftr-297	607	21	two	two	NUM
ftr-297	607	22	-	-	PUNCT
ftr-297	607	23	thirds	third	NOUN
ftr-297	607	24	interest	interest	NOUN
ftr-297	607	25	in	in	ADP
ftr-297	607	26	capital	capital	NOUN
ftr-297	607	27	asset	asset	NOUN
ftr-297	607	28	x.	x.	NOUN
ftr-297	607	29	in	in	ADP
ftr-297	607	30	essence	essence	NOUN
ftr-297	607	31	,	,	PUNCT
ftr-297	607	32	a	a	PRON
ftr-297	607	33	and	and	CCONJ
ftr-297	607	34	b	b	NOUN
ftr-297	607	35	have	have	AUX
ftr-297	607	36	acquired	acquire	VERB
ftr-297	607	37	c	c	PROPN
ftr-297	607	38	's	's	PART
ftr-297	607	39	one	one	NUM
ftr-297	607	40	-	-	PUNCT
ftr-297	607	41	third	third	NOUN
ftr-297	607	42	interest	interest	NOUN
ftr-297	607	43	in	in	ADP
ftr-297	607	44	other	other	ADJ
ftr-297	607	45	partnership	partnership	NOUN
ftr-297	607	46	assets	asset	NOUN
ftr-297	607	47	.	.	PUNCT
ftr-297	608	1	c	c	X
ftr-297	608	2	's	's	PART
ftr-297	608	3	one	one	NUM
ftr-297	608	4	-	-	PUNCT
ftr-297	608	5	third	third	ADJ
ftr-297	608	6	share	share	NOUN
ftr-297	608	7	of	of	ADP
ftr-297	608	8	the	the	DET
ftr-297	608	9	partnership	partnership	NOUN
ftr-297	608	10	's	's	PART
ftr-297	608	11	adjusted	adjust	VERB
ftr-297	608	12	bases	basis	NOUN
ftr-297	608	13	for	for	ADP
ftr-297	608	14	the	the	DET
ftr-297	608	15	assets	asset	NOUN
ftr-297	608	16	in	in	ADP
ftr-297	608	17	which	which	PRON
ftr-297	608	18	she	she	PRON
ftr-297	608	19	relinquished	relinquish	VERB
ftr-297	608	20	an	an	DET
ftr-297	608	21	interest	interest	NOUN
ftr-297	608	22	in	in	ADP
ftr-297	608	23	exchange	exchange	NOUN
ftr-297	608	24	for	for	ADP
ftr-297	608	25	the	the	DET
ftr-297	608	26	two	two	NUM
ftr-297	608	27	-	-	PUNCT
ftr-297	608	28	thirds	third	NOUN
ftr-297	608	29	interest	interest	NOUN
ftr-297	608	30	of	of	ADP
ftr-297	608	31	a	a	PRON
ftr-297	608	32	and	and	CCONJ
ftr-297	608	33	b	b	NOUN
ftr-297	608	34	in	in	ADP
ftr-297	608	35	capital	capital	NOUN
ftr-297	608	36	asset	asset	NOUN
ftr-297	608	37	x	x	AUX
ftr-297	608	38	is	be	AUX
ftr-297	608	39	as	as	SCONJ
ftr-297	608	40	follows	follow	VERB
ftr-297	608	41	:	:	PUNCT
ftr-297	608	42	cash	cash	NOUN
ftr-297	608	43	$	$	SYM
ftr-297	608	44	4,000	4,000	NUM
ftr-297	608	45	capital	capital	NOUN
ftr-297	608	46	asset	asset	NOUN
ftr-297	608	47	y	y	PROPN
ftr-297	608	48	3	3	NUM
ftr-297	608	49	total	total	NOUN
ftr-297	608	50	$	$	SYM
ftr-297	608	51	7,000	7,000	NUM
ftr-297	608	52	no	no	DET
ftr-297	608	53	gain	gain	NOUN
ftr-297	608	54	or	or	CCONJ
ftr-297	608	55	loss	loss	NOUN
ftr-297	608	56	is	be	AUX
ftr-297	608	57	recognized	recognize	VERB
ftr-297	608	58	by	by	ADP
ftr-297	608	59	the	the	DET
ftr-297	608	60	partnership	partnership	NOUN
ftr-297	608	61	on	on	ADP
ftr-297	608	62	the	the	DET
ftr-297	608	63	distribution	distribution	NOUN
ftr-297	608	64	of	of	ADP
ftr-297	608	65	capital	capital	NOUN
ftr-297	608	66	asset	asset	NOUN
ftr-297	608	67	x	x	X
ftr-297	608	68	to	to	ADP
ftr-297	608	69	c.	c.	PROPN
ftr-297	608	70	the	the	DET
ftr-297	608	71	general	general	ADJ
ftr-297	608	72	rule	rule	NOUN
ftr-297	608	73	in	in	ADP
ftr-297	608	74	a	a	DET
ftr-297	608	75	non	non	ADJ
ftr-297	608	76	-	-	ADJ
ftr-297	608	77	taxable	taxable	ADJ
ftr-297	608	78	exchange	exchange	NOUN
ftr-297	608	79	of	of	ADP
ftr-297	608	80	properties	property	NOUN
ftr-297	608	81	is	be	AUX
ftr-297	608	82	that	that	SCONJ
ftr-297	608	83	the	the	DET
ftr-297	608	84	property	property	NOUN
ftr-297	608	85	acquired	acquire	VERB
ftr-297	608	86	takes	take	VERB
ftr-297	608	87	the	the	DET
ftr-297	608	88	adjusted	adjusted	ADJ
ftr-297	608	89	basis	basis	NOUN
ftr-297	608	90	of	of	ADP
ftr-297	608	91	the	the	DET
ftr-297	608	92	2014	2014	NUM
ftr-297	608	93	]	]	PUNCT
ftr-297	608	94	131	131	NUM
ftr-297	608	95	florida	florida	PROPN
ftr-297	608	96	tax	tax	NOUN
ftr-297	608	97	review	review	NOUN
ftr-297	608	98	property	property	NOUN
ftr-297	608	99	exchanged	exchange	VERB
ftr-297	608	100	.	.	PUNCT
ftr-297	609	1	a	a	DET
ftr-297	609	2	distribution	distribution	NOUN
ftr-297	609	3	of	of	ADP
ftr-297	609	4	property	property	NOUN
ftr-297	609	5	in	in	ADP
ftr-297	609	6	reduction	reduction	NOUN
ftr-297	609	7	of	of	ADP
ftr-297	609	8	a	a	DET
ftr-297	609	9	partner	partner	NOUN
ftr-297	609	10	's	's	PART
ftr-297	609	11	interest	interest	NOUN
ftr-297	609	12	or	or	CCONJ
ftr-297	609	13	withdrawal	withdrawal	NOUN
ftr-297	609	14	of	of	ADP
ftr-297	609	15	the	the	DET
ftr-297	609	16	partner	partner	NOUN
ftr-297	609	17	from	from	ADP
ftr-297	609	18	the	the	DET
ftr-297	609	19	partnership	partnership	NOUN
ftr-297	609	20	technically	technically	ADV
ftr-297	609	21	is	be	AUX
ftr-297	609	22	not	not	PART
ftr-297	609	23	an	an	DET
ftr-297	609	24	exchange	exchange	NOUN
ftr-297	609	25	,	,	PUNCT
ftr-297	609	26	and	and	CCONJ
ftr-297	609	27	the	the	DET
ftr-297	609	28	properties	property	NOUN
ftr-297	609	29	exchanged	exchange	VERB
ftr-297	609	30	are	be	AUX
ftr-297	609	31	not	not	PART
ftr-297	609	32	necessarily	necessarily	ADV
ftr-297	609	33	like	like	ADJ
ftr-297	609	34	-	-	PUNCT
ftr-297	609	35	kind	kind	NOUN
ftr-297	609	36	properties	property	NOUN
ftr-297	609	37	,	,	PUNCT
ftr-297	609	38	but	but	CCONJ
ftr-297	609	39	the	the	DET
ftr-297	609	40	rationale	rationale	NOUN
ftr-297	609	41	of	of	ADP
ftr-297	609	42	section	section	NOUN
ftr-297	609	43	734(b	734(b	PROPN
ftr-297	609	44	)	)	PUNCT
ftr-297	609	45	generally	generally	ADV
ftr-297	609	46	applies	apply	VERB
ftr-297	609	47	that	that	DET
ftr-297	609	48	principle	principle	NOUN
ftr-297	609	49	.	.	PUNCT
ftr-297	610	1	the	the	DET
ftr-297	610	2	transaction	transaction	NOUN
ftr-297	610	3	is	be	AUX
ftr-297	610	4	summarized	summarize	VERB
ftr-297	610	5	as	as	SCONJ
ftr-297	610	6	follows	follow	VERB
ftr-297	610	7	:	:	PUNCT
ftr-297	611	1	1	1	X
ftr-297	611	2	.	.	X
ftr-297	611	3	the	the	DET
ftr-297	611	4	partnership	partnership	NOUN
ftr-297	611	5	,	,	PUNCT
ftr-297	611	6	as	as	SCONJ
ftr-297	611	7	constituted	constitute	VERB
ftr-297	611	8	after	after	ADP
ftr-297	611	9	c	c	PROPN
ftr-297	611	10	's	's	PART
ftr-297	611	11	retirement	retirement	NOUN
ftr-297	611	12	,	,	PUNCT
ftr-297	611	13	acquired	acquire	VERB
ftr-297	611	14	an	an	DET
ftr-297	611	15	interest	interest	NOUN
ftr-297	611	16	in	in	ADP
ftr-297	611	17	the	the	DET
ftr-297	611	18	undistributed	undistributed	ADJ
ftr-297	611	19	partnership	partnership	NOUN
ftr-297	611	20	property	property	NOUN
ftr-297	611	21	.	.	PUNCT
ftr-297	612	1	c	c	X
ftr-297	612	2	's	's	PART
ftr-297	612	3	proportionate	proportionate	ADJ
ftr-297	612	4	share	share	NOUN
ftr-297	612	5	of	of	ADP
ftr-297	612	6	the	the	DET
ftr-297	612	7	partnership	partnership	NOUN
ftr-297	612	8	's	's	PART
ftr-297	612	9	basis	basis	NOUN
ftr-297	612	10	for	for	ADP
ftr-297	612	11	that	that	DET
ftr-297	612	12	undistributed	undistribute	VERB
ftr-297	612	13	partnership	partnership	NOUN
ftr-297	612	14	property	property	NOUN
ftr-297	612	15	(	(	PUNCT
ftr-297	612	16	cash	cash	NOUN
ftr-297	612	17	and	and	CCONJ
ftr-297	612	18	capital	capital	NOUN
ftr-297	612	19	asset	asset	NOUN
ftr-297	612	20	y	y	PROPN
ftr-297	612	21	)	)	PUNCT
ftr-297	612	22	was	be	AUX
ftr-297	612	23	$	$	SYM
ftr-297	612	24	7,000	7,000	NUM
ftr-297	612	25	.	.	PUNCT
ftr-297	613	1	2	2	X
ftr-297	613	2	.	.	X
ftr-297	613	3	the	the	DET
ftr-297	613	4	partnership	partnership	NOUN
ftr-297	613	5	distributed	distribute	VERB
ftr-297	613	6	to	to	ADP
ftr-297	613	7	c	c	PROPN
ftr-297	613	8	capital	capital	NOUN
ftr-297	613	9	asset	asset	NOUN
ftr-297	613	10	x	x	PUNCT
ftr-297	613	11	having	have	VERB
ftr-297	613	12	an	an	DET
ftr-297	613	13	adjusted	adjusted	ADJ
ftr-297	613	14	basis	basis	NOUN
ftr-297	613	15	to	to	ADP
ftr-297	613	16	the	the	DET
ftr-297	613	17	partnership	partnership	NOUN
ftr-297	613	18	of	of	ADP
ftr-297	613	19	$	$	SYM
ftr-297	613	20	3,000	3,000	NUM
ftr-297	613	21	.	.	PUNCT
ftr-297	614	1	partners	partner	NOUN
ftr-297	614	2	a	a	PRON
ftr-297	614	3	and	and	CCONJ
ftr-297	614	4	b	b	NOUN
ftr-297	614	5	exchanged	exchange	VERB
ftr-297	614	6	their	their	PRON
ftr-297	614	7	two	two	NUM
ftr-297	614	8	-	-	PUNCT
ftr-297	614	9	thirds	third	NOUN
ftr-297	614	10	share	share	NOUN
ftr-297	614	11	of	of	ADP
ftr-297	614	12	capital	capital	NOUN
ftr-297	614	13	asset	asset	PROPN
ftr-297	614	14	x	x	NOUN
ftr-297	614	15	,	,	PUNCT
ftr-297	614	16	which	which	PRON
ftr-297	614	17	had	have	VERB
ftr-297	614	18	an	an	DET
ftr-297	614	19	adjusted	adjusted	ADJ
ftr-297	614	20	basis	basis	NOUN
ftr-297	614	21	to	to	ADP
ftr-297	614	22	the	the	DET
ftr-297	614	23	partnership	partnership	NOUN
ftr-297	614	24	of	of	ADP
ftr-297	614	25	$	$	SYM
ftr-297	614	26	2,000	2,000	NUM
ftr-297	614	27	.	.	PUNCT
ftr-297	615	1	3	3	X
ftr-297	615	2	.	.	X
ftr-297	616	1	the	the	DET
ftr-297	616	2	property	property	NOUN
ftr-297	616	3	acquired	acquire	VERB
ftr-297	616	4	from	from	ADP
ftr-297	616	5	c	c	PROPN
ftr-297	616	6	should	should	AUX
ftr-297	616	7	take	take	VERB
ftr-297	616	8	the	the	DET
ftr-297	616	9	same	same	ADJ
ftr-297	616	10	basis	basis	NOUN
ftr-297	616	11	as	as	SCONJ
ftr-297	616	12	the	the	DET
ftr-297	616	13	adjusted	adjusted	ADJ
ftr-297	616	14	basis	basis	NOUN
ftr-297	616	15	of	of	ADP
ftr-297	616	16	the	the	DET
ftr-297	616	17	property	property	NOUN
ftr-297	616	18	exchanged	exchange	VERB
ftr-297	616	19	.	.	PUNCT
ftr-297	617	1	consequently	consequently	ADV
ftr-297	617	2	,	,	PUNCT
ftr-297	617	3	there	there	PRON
ftr-297	617	4	should	should	AUX
ftr-297	617	5	be	be	AUX
ftr-297	617	6	a	a	DET
ftr-297	617	7	decrease	decrease	NOUN
ftr-297	617	8	in	in	ADP
ftr-297	617	9	the	the	DET
ftr-297	617	10	partnership	partnership	NOUN
ftr-297	617	11	's	's	PART
ftr-297	617	12	basis	basis	NOUN
ftr-297	617	13	of	of	ADP
ftr-297	617	14	its	its	PRON
ftr-297	617	15	undistributed	undistributed	ADJ
ftr-297	617	16	property	property	NOUN
ftr-297	617	17	generally	generally	ADV
ftr-297	617	18	in	in	ADP
ftr-297	617	19	the	the	DET
ftr-297	617	20	amount	amount	NOUN
ftr-297	617	21	of	of	ADP
ftr-297	617	22	$	$	SYM
ftr-297	617	23	5,000	5,000	NUM
ftr-297	617	24	.	.	PUNCT
ftr-297	618	1	the	the	DET
ftr-297	618	2	mechanics	mechanic	NOUN
ftr-297	618	3	of	of	ADP
ftr-297	618	4	section	section	NOUN
ftr-297	618	5	734(b	734(b	PROPN
ftr-297	618	6	)	)	PUNCT
ftr-297	618	7	are	be	AUX
ftr-297	618	8	intended	intend	VERB
ftr-297	618	9	to	to	PART
ftr-297	618	10	approximate	approximate	VERB
ftr-297	618	11	an	an	DET
ftr-297	618	12	aggregate	aggregate	ADJ
ftr-297	618	13	approach	approach	NOUN
ftr-297	618	14	,	,	PUNCT
ftr-297	618	15	to	to	PART
ftr-297	618	16	equalize	equalize	VERB
ftr-297	618	17	inside	inside	ADP
ftr-297	618	18	basis	basis	NOUN
ftr-297	618	19	and	and	CCONJ
ftr-297	618	20	outside	outside	ADJ
ftr-297	618	21	basis	basis	NOUN
ftr-297	618	22	,	,	PUNCT
ftr-297	618	23	and	and	CCONJ
ftr-297	618	24	to	to	PART
ftr-297	618	25	prevent	prevent	VERB
ftr-297	618	26	an	an	DET
ftr-297	618	27	increase	increase	NOUN
ftr-297	618	28	or	or	CCONJ
ftr-297	618	29	decrease	decrease	NOUN
ftr-297	618	30	in	in	ADP
ftr-297	618	31	the	the	DET
ftr-297	618	32	aggregate	aggregate	ADJ
ftr-297	618	33	basis	basis	NOUN
ftr-297	618	34	for	for	ADP
ftr-297	618	35	the	the	DET
ftr-297	618	36	partnership	partnership	NOUN
ftr-297	618	37	's	's	PART
ftr-297	618	38	assets	asset	NOUN
ftr-297	618	39	(	(	PUNCT
ftr-297	618	40	both	both	CCONJ
ftr-297	618	41	those	those	PRON
ftr-297	618	42	distributed	distribute	VERB
ftr-297	618	43	and	and	CCONJ
ftr-297	618	44	those	those	PRON
ftr-297	618	45	retained	retain	VERB
ftr-297	618	46	)	)	PUNCT
ftr-297	618	47	.	.	PUNCT
ftr-297	619	1	if	if	SCONJ
ftr-297	619	2	the	the	DET
ftr-297	619	3	assets	asset	NOUN
ftr-297	619	4	distributed	distribute	VERB
ftr-297	619	5	to	to	ADP
ftr-297	619	6	the	the	DET
ftr-297	619	7	distributee	distributee	NOUN
ftr-297	619	8	partner	partner	NOUN
ftr-297	619	9	lose	lose	VERB
ftr-297	619	10	basis	basis	NOUN
ftr-297	619	11	,	,	PUNCT
ftr-297	619	12	the	the	DET
ftr-297	619	13	assets	asset	NOUN
ftr-297	619	14	retained	retain	VERB
ftr-297	619	15	by	by	ADP
ftr-297	619	16	the	the	DET
ftr-297	619	17	partnership	partnership	NOUN
ftr-297	619	18	generally	generally	ADV
ftr-297	619	19	gain	gain	VERB
ftr-297	619	20	basis	basis	NOUN
ftr-297	619	21	,	,	PUNCT
ftr-297	619	22	and	and	CCONJ
ftr-297	619	23	vice	vice	ADV
ftr-297	619	24	versa	versa	ADV
ftr-297	619	25	.	.	PUNCT
ftr-297	620	1	b.	b.	NOUN
ftr-297	620	2	analysis	analysis	NOUN
ftr-297	620	3	ofsection	ofsection	NOUN
ftr-297	620	4	734(b	734(b	PROPN
ftr-297	620	5	)	)	PUNCT
ftr-297	620	6	the	the	DET
ftr-297	620	7	basis	basis	NOUN
ftr-297	620	8	adjustment	adjustment	NOUN
ftr-297	620	9	,	,	PUNCT
ftr-297	620	10	if	if	SCONJ
ftr-297	620	11	elected	elect	VERB
ftr-297	620	12	by	by	ADP
ftr-297	620	13	the	the	DET
ftr-297	620	14	partnership	partnership	NOUN
ftr-297	620	15	,	,	PUNCT
ftr-297	620	16	is	be	AUX
ftr-297	620	17	available	available	ADJ
ftr-297	620	18	in	in	ADP
ftr-297	620	19	the	the	DET
ftr-297	620	20	case	case	NOUN
ftr-297	620	21	of	of	ADP
ftr-297	620	22	a	a	DET
ftr-297	620	23	distribution	distribution	NOUN
ftr-297	620	24	of	of	ADP
ftr-297	620	25	property	property	NOUN
ftr-297	620	26	by	by	ADP
ftr-297	620	27	the	the	DET
ftr-297	620	28	partnership	partnership	NOUN
ftr-297	620	29	to	to	ADP
ftr-297	620	30	a	a	DET
ftr-297	620	31	partner	partner	NOUN
ftr-297	620	32	.	.	PUNCT
ftr-297	621	1	although	although	SCONJ
ftr-297	621	2	the	the	DET
ftr-297	621	3	above	above	ADJ
ftr-297	621	4	example	example	NOUN
ftr-297	621	5	involved	involve	VERB
ftr-297	621	6	a	a	DET
ftr-297	621	7	distribution	distribution	NOUN
ftr-297	621	8	in	in	ADP
ftr-297	621	9	liquidation	liquidation	NOUN
ftr-297	621	10	of	of	ADP
ftr-297	621	11	a	a	DET
ftr-297	621	12	partner	partner	NOUN
ftr-297	621	13	's	's	PART
ftr-297	621	14	interest	interest	NOUN
ftr-297	621	15	,	,	PUNCT
ftr-297	621	16	a	a	DET
ftr-297	621	17	complete	complete	ADJ
ftr-297	621	18	liquidation	liquidation	NOUN
ftr-297	621	19	is	be	AUX
ftr-297	621	20	not	not	PART
ftr-297	621	21	necessary	necessary	ADJ
ftr-297	621	22	to	to	PART
ftr-297	621	23	make	make	VERB
ftr-297	621	24	the	the	DET
ftr-297	621	25	provision	provision	NOUN
ftr-297	621	26	applicable	applicable	ADJ
ftr-297	621	27	.	.	PUNCT
ftr-297	622	1	a	a	DET
ftr-297	622	2	distribution	distribution	NOUN
ftr-297	622	3	of	of	ADP
ftr-297	622	4	property	property	NOUN
ftr-297	622	5	,	,	PUNCT
ftr-297	622	6	including	include	VERB
ftr-297	622	7	money	money	NOUN
ftr-297	622	8	,	,	PUNCT
ftr-297	622	9	which	which	PRON
ftr-297	622	10	merely	merely	ADV
ftr-297	622	11	reduces	reduce	VERB
ftr-297	622	12	a	a	DET
ftr-297	622	13	partner	partner	NOUN
ftr-297	622	14	's	's	PART
ftr-297	622	15	proportionate	proportionate	ADJ
ftr-297	622	16	interest	interest	NOUN
ftr-297	622	17	can	can	AUX
ftr-297	622	18	precipitate	precipitate	VERB
ftr-297	622	19	adjustments	adjustment	NOUN
ftr-297	622	20	.	.	PUNCT
ftr-297	623	1	current	current	ADJ
ftr-297	623	2	distributions	distribution	NOUN
ftr-297	623	3	of	of	ADP
ftr-297	623	4	property	property	NOUN
ftr-297	623	5	,	,	PUNCT
ftr-297	623	6	including	include	VERB
ftr-297	623	7	money	money	NOUN
ftr-297	623	8	,	,	PUNCT
ftr-297	623	9	to	to	ADP
ftr-297	623	10	all	all	DET
ftr-297	623	11	partners	partner	NOUN
ftr-297	623	12	in	in	ADP
ftr-297	623	13	proportion	proportion	NOUN
ftr-297	623	14	to	to	ADP
ftr-297	623	15	their	their	PRON
ftr-297	623	16	interests	interest	NOUN
ftr-297	623	17	,	,	PUNCT
ftr-297	623	18	leaving	leave	VERB
ftr-297	623	19	their	their	PRON
ftr-297	623	20	proportionate	proportionate	ADJ
ftr-297	623	21	interests	interest	NOUN
ftr-297	623	22	unchanged	unchanged	ADJ
ftr-297	623	23	,	,	PUNCT
ftr-297	623	24	also	also	ADV
ftr-297	623	25	may	may	AUX
ftr-297	623	26	invoke	invoke	VERB
ftr-297	623	27	adjustments	adjustment	NOUN
ftr-297	623	28	.	.	PUNCT
ftr-297	624	1	section	section	NOUN
ftr-297	624	2	734(b	734(b	PROPN
ftr-297	624	3	)	)	PUNCT
ftr-297	624	4	generally	generally	ADV
ftr-297	624	5	is	be	AUX
ftr-297	624	6	an	an	DET
ftr-297	624	7	elective	elective	ADJ
ftr-297	624	8	provision	provision	NOUN
ftr-297	624	9	which	which	PRON
ftr-297	624	10	applies	apply	VERB
ftr-297	624	11	if	if	SCONJ
ftr-297	624	12	the	the	DET
ftr-297	624	13	partnership	partnership	NOUN
ftr-297	624	14	has	have	VERB
ftr-297	624	15	a	a	DET
ftr-297	624	16	section	section	NOUN
ftr-297	624	17	754	754	NUM
ftr-297	624	18	election	election	NOUN
ftr-297	624	19	in	in	ADP
ftr-297	624	20	effect	effect	NOUN
ftr-297	624	21	for	for	ADP
ftr-297	624	22	the	the	DET
ftr-297	624	23	year	year	NOUN
ftr-297	624	24	of	of	ADP
ftr-297	624	25	the	the	DET
ftr-297	624	26	distribution.8	distribution.8	PROPN
ftr-297	624	27	1	1	NUM
ftr-297	624	28	the	the	DET
ftr-297	624	29	adjusted	adjusted	ADJ
ftr-297	624	30	basis	basis	NOUN
ftr-297	624	31	of	of	ADP
ftr-297	624	32	undistributed	undistributed	ADJ
ftr-297	624	33	partnership	partnership	NOUN
ftr-297	624	34	property	property	NOUN
ftr-297	624	35	is	be	AUX
ftr-297	624	36	increased	increase	VERB
ftr-297	624	37	by	by	ADP
ftr-297	624	38	the	the	DET
ftr-297	624	39	taxable	taxable	ADJ
ftr-297	624	40	gain	gain	NOUN
ftr-297	624	41	recognized	recognize	VERB
ftr-297	624	42	to	to	ADP
ftr-297	624	43	the	the	DET
ftr-297	624	44	distributee	distributee	NOUN
ftr-297	624	45	and	and	CCONJ
ftr-297	624	46	the	the	DET
ftr-297	624	47	excess	excess	NOUN
ftr-297	624	48	of	of	ADP
ftr-297	624	49	81	81	NUM
ftr-297	624	50	.	.	PUNCT
ftr-297	625	1	but	but	CCONJ
ftr-297	625	2	see	see	VERB
ftr-297	625	3	sections	section	NOUN
ftr-297	625	4	732(d	732(d	NUM
ftr-297	625	5	)	)	PUNCT
ftr-297	625	6	and	and	CCONJ
ftr-297	625	7	734(a	734(a	NUM
ftr-297	625	8	)	)	PUNCT
ftr-297	625	9	for	for	ADP
ftr-297	625	10	settings	setting	NOUN
ftr-297	625	11	in	in	ADP
ftr-297	625	12	which	which	PRON
ftr-297	625	13	the	the	DET
ftr-297	625	14	adjustment	adjustment	NOUN
ftr-297	625	15	is	be	AUX
ftr-297	625	16	mandatory	mandatory	ADJ
ftr-297	625	17	.	.	PUNCT
ftr-297	626	1	132	132	NUM
ftr-297	627	1	[	[	X
ftr-297	627	2	vol	vol	NOUN
ftr-297	627	3	.	.	PUNCT
ftr-297	628	1	15:3	15:3	NUM
ftr-297	628	2	optional	optional	ADJ
ftr-297	628	3	basis	basis	NOUN
ftr-297	628	4	adjustments	adjustment	NOUN
ftr-297	628	5	under	under	ADP
ftr-297	628	6	subchapter	subchapter	NOUN
ftr-297	628	7	k	k	PROPN
ftr-297	629	1	the	the	DET
ftr-297	629	2	partnership	partnership	NOUN
ftr-297	629	3	's	's	PART
ftr-297	629	4	adjusted	adjusted	ADJ
ftr-297	629	5	basis	basis	NOUN
ftr-297	629	6	of	of	ADP
ftr-297	629	7	the	the	DET
ftr-297	629	8	distributed	distribute	VERB
ftr-297	629	9	property	property	NOUN
ftr-297	629	10	over	over	ADP
ftr-297	629	11	the	the	DET
ftr-297	629	12	basis	basis	NOUN
ftr-297	629	13	of	of	ADP
ftr-297	629	14	the	the	DET
ftr-297	629	15	distributed	distribute	VERB
ftr-297	629	16	property	property	NOUN
ftr-297	629	17	in	in	ADP
ftr-297	629	18	the	the	DET
ftr-297	629	19	hands	hand	NOUN
ftr-297	629	20	of	of	ADP
ftr-297	629	21	the	the	DET
ftr-297	629	22	distributee	distributee	NOUN
ftr-297	629	23	.	.	PUNCT
ftr-297	630	1	the	the	DET
ftr-297	630	2	adjusted	adjusted	ADJ
ftr-297	630	3	basis	basis	NOUN
ftr-297	630	4	of	of	ADP
ftr-297	630	5	undistributed	undistributed	ADJ
ftr-297	630	6	property	property	NOUN
ftr-297	630	7	is	be	AUX
ftr-297	630	8	decreased	decrease	VERB
ftr-297	630	9	by	by	ADP
ftr-297	630	10	the	the	DET
ftr-297	630	11	loss	loss	NOUN
ftr-297	630	12	recognized	recognize	VERB
ftr-297	630	13	to	to	ADP
ftr-297	630	14	the	the	DET
ftr-297	630	15	distributee	distributee	NOUN
ftr-297	630	16	and	and	CCONJ
ftr-297	630	17	the	the	DET
ftr-297	630	18	excess	excess	NOUN
ftr-297	630	19	of	of	ADP
ftr-297	630	20	the	the	DET
ftr-297	630	21	basis	basis	NOUN
ftr-297	630	22	of	of	ADP
ftr-297	630	23	the	the	DET
ftr-297	630	24	distributed	distribute	VERB
ftr-297	630	25	property	property	NOUN
ftr-297	630	26	in	in	ADP
ftr-297	630	27	the	the	DET
ftr-297	630	28	hands	hand	NOUN
ftr-297	630	29	of	of	ADP
ftr-297	630	30	the	the	DET
ftr-297	630	31	distributee	distributee	NOUN
ftr-297	630	32	over	over	ADP
ftr-297	630	33	the	the	DET
ftr-297	630	34	partnership	partnership	NOUN
ftr-297	630	35	's	's	PART
ftr-297	630	36	adjusted	adjusted	ADJ
ftr-297	630	37	basis	basis	NOUN
ftr-297	630	38	of	of	ADP
ftr-297	630	39	the	the	DET
ftr-297	630	40	distributed	distribute	VERB
ftr-297	630	41	property	property	NOUN
ftr-297	630	42	.	.	PUNCT
ftr-297	631	1	another	another	DET
ftr-297	631	2	,	,	PUNCT
ftr-297	631	3	and	and	CCONJ
ftr-297	631	4	perhaps	perhaps	ADV
ftr-297	631	5	easier	easy	ADJ
ftr-297	631	6	,	,	PUNCT
ftr-297	631	7	way	way	NOUN
ftr-297	631	8	to	to	PART
ftr-297	631	9	state	state	VERB
ftr-297	631	10	the	the	DET
ftr-297	631	11	adjustment	adjustment	NOUN
ftr-297	631	12	rules	rule	NOUN
ftr-297	631	13	is	be	AUX
ftr-297	631	14	that	that	SCONJ
ftr-297	631	15	the	the	DET
ftr-297	631	16	partnership	partnership	NOUN
ftr-297	631	17	's	's	PART
ftr-297	631	18	adjusted	adjusted	ADJ
ftr-297	631	19	basis	basis	NOUN
ftr-297	631	20	for	for	ADP
ftr-297	631	21	its	its	PRON
ftr-297	631	22	undistributed	undistributed	ADJ
ftr-297	631	23	property	property	NOUN
ftr-297	631	24	is	be	AUX
ftr-297	631	25	increased	increase	VERB
ftr-297	631	26	by	by	ADP
ftr-297	631	27	the	the	DET
ftr-297	631	28	amount	amount	NOUN
ftr-297	631	29	of	of	ADP
ftr-297	631	30	taxable	taxable	ADJ
ftr-297	631	31	gain	gain	NOUN
ftr-297	631	32	recognized	recognize	VERB
ftr-297	631	33	to	to	ADP
ftr-297	631	34	the	the	DET
ftr-297	631	35	distributee	distributee	NOUN
ftr-297	631	36	,	,	PUNCT
ftr-297	631	37	decreased	decrease	VERB
ftr-297	631	38	by	by	ADP
ftr-297	631	39	the	the	DET
ftr-297	631	40	amount	amount	NOUN
ftr-297	631	41	of	of	ADP
ftr-297	631	42	deductible	deductible	ADJ
ftr-297	631	43	loss	loss	NOUN
ftr-297	631	44	recognized	recognize	VERB
ftr-297	631	45	to	to	ADP
ftr-297	631	46	the	the	DET
ftr-297	631	47	distributee	distributee	NOUN
ftr-297	631	48	,	,	PUNCT
ftr-297	631	49	increased	increase	VERB
ftr-297	631	50	by	by	ADP
ftr-297	631	51	the	the	DET
ftr-297	631	52	amount	amount	NOUN
ftr-297	631	53	of	of	ADP
ftr-297	631	54	the	the	DET
ftr-297	631	55	basis	basis	NOUN
ftr-297	631	56	decrease	decrease	NOUN
ftr-297	631	57	for	for	ADP
ftr-297	631	58	the	the	DET
ftr-297	631	59	distributed	distribute	VERB
ftr-297	631	60	property	property	NOUN
ftr-297	631	61	when	when	SCONJ
ftr-297	631	62	it	it	PRON
ftr-297	631	63	passes	pass	VERB
ftr-297	631	64	from	from	ADP
ftr-297	631	65	the	the	DET
ftr-297	631	66	partnership	partnership	NOUN
ftr-297	631	67	to	to	ADP
ftr-297	631	68	the	the	DET
ftr-297	631	69	partner	partner	NOUN
ftr-297	631	70	(	(	PUNCT
ftr-297	631	71	the	the	DET
ftr-297	631	72	lost	lost	ADJ
ftr-297	631	73	basis	basis	NOUN
ftr-297	631	74	)	)	PUNCT
ftr-297	631	75	,	,	PUNCT
ftr-297	631	76	and	and	CCONJ
ftr-297	631	77	decreased	decrease	VERB
ftr-297	631	78	by	by	ADP
ftr-297	631	79	the	the	DET
ftr-297	631	80	amount	amount	NOUN
ftr-297	631	81	of	of	ADP
ftr-297	631	82	the	the	DET
ftr-297	631	83	basis	basis	NOUN
ftr-297	631	84	increase	increase	NOUN
ftr-297	631	85	for	for	ADP
ftr-297	631	86	the	the	DET
ftr-297	631	87	distributed	distribute	VERB
ftr-297	631	88	property	property	NOUN
ftr-297	631	89	when	when	SCONJ
ftr-297	631	90	it	it	PRON
ftr-297	631	91	passes	pass	VERB
ftr-297	631	92	from	from	ADP
ftr-297	631	93	the	the	DET
ftr-297	631	94	partnership	partnership	NOUN
ftr-297	631	95	to	to	ADP
ftr-297	631	96	the	the	DET
ftr-297	631	97	partner	partner	NOUN
ftr-297	631	98	(	(	PUNCT
ftr-297	631	99	the	the	DET
ftr-297	631	100	gained	gain	VERB
ftr-297	631	101	basis	basis	NOUN
ftr-297	631	102	)	)	PUNCT
ftr-297	631	103	.	.	PUNCT
ftr-297	632	1	1	1	X
ftr-297	632	2	.	.	X
ftr-297	632	3	recognition	recognition	NOUN
ftr-297	632	4	of	of	ADP
ftr-297	632	5	gain	gain	NOUN
ftr-297	632	6	or	or	CCONJ
ftr-297	632	7	loss	loss	NOUN
ftr-297	632	8	gain	gain	NOUN
ftr-297	632	9	is	be	AUX
ftr-297	632	10	recognized	recognize	VERB
ftr-297	632	11	in	in	ADP
ftr-297	632	12	either	either	CCONJ
ftr-297	632	13	a	a	DET
ftr-297	632	14	current	current	ADJ
ftr-297	632	15	or	or	CCONJ
ftr-297	632	16	a	a	DET
ftr-297	632	17	liquidating	liquidate	VERB
ftr-297	632	18	distribution	distribution	NOUN
ftr-297	632	19	only	only	ADV
ftr-297	632	20	to	to	ADP
ftr-297	632	21	the	the	DET
ftr-297	632	22	extent	extent	NOUN
ftr-297	632	23	that	that	SCONJ
ftr-297	632	24	cash	cash	NOUN
ftr-297	632	25	distributed	distribute	VERB
ftr-297	632	26	(	(	PUNCT
ftr-297	632	27	or	or	CCONJ
ftr-297	632	28	deemed	deem	VERB
ftr-297	632	29	to	to	PART
ftr-297	632	30	have	have	AUX
ftr-297	632	31	been	be	AUX
ftr-297	632	32	distributed	distribute	VERB
ftr-297	632	33	under	under	ADP
ftr-297	632	34	section	section	NOUN
ftr-297	632	35	752(b	752(b	NUM
ftr-297	632	36	)	)	PUNCT
ftr-297	632	37	)	)	PUNCT
ftr-297	632	38	exceeds	exceed	VERB
ftr-297	632	39	the	the	DET
ftr-297	632	40	basis	basis	NOUN
ftr-297	632	41	for	for	ADP
ftr-297	632	42	the	the	DET
ftr-297	632	43	distributee	distributee	NOUN
ftr-297	632	44	partner	partner	NOUN
ftr-297	632	45	's	's	PART
ftr-297	632	46	partnership	partnership	NOUN
ftr-297	632	47	interest	interest	NOUN
ftr-297	632	48	.	.	PUNCT
ftr-297	633	1	if	if	SCONJ
ftr-297	633	2	property	property	NOUN
ftr-297	633	3	other	other	ADJ
ftr-297	633	4	than	than	ADP
ftr-297	633	5	cash	cash	NOUN
ftr-297	633	6	is	be	AUX
ftr-297	633	7	distributed	distribute	VERB
ftr-297	633	8	in	in	ADP
ftr-297	633	9	either	either	CCONJ
ftr-297	633	10	a	a	DET
ftr-297	633	11	current	current	ADJ
ftr-297	633	12	distribution	distribution	NOUN
ftr-297	633	13	or	or	CCONJ
ftr-297	633	14	a	a	DET
ftr-297	633	15	liquidating	liquidating	NOUN
ftr-297	633	16	distribution	distribution	NOUN
ftr-297	633	17	,	,	PUNCT
ftr-297	633	18	gain	gain	NOUN
ftr-297	633	19	still	still	ADV
ftr-297	633	20	is	be	AUX
ftr-297	633	21	limited	limit	VERB
ftr-297	633	22	to	to	ADP
ftr-297	633	23	the	the	DET
ftr-297	633	24	excess	excess	NOUN
ftr-297	633	25	of	of	ADP
ftr-297	633	26	cash	cash	NOUN
ftr-297	633	27	over	over	ADP
ftr-297	633	28	the	the	DET
ftr-297	633	29	distributee	distributee	NOUN
ftr-297	633	30	's	's	PART
ftr-297	633	31	partnership	partnership	NOUN
ftr-297	633	32	basis	basis	NOUN
ftr-297	633	33	,	,	PUNCT
ftr-297	633	34	even	even	ADV
ftr-297	633	35	though	though	SCONJ
ftr-297	633	36	some	some	PRON
ftr-297	633	37	of	of	ADP
ftr-297	633	38	the	the	DET
ftr-297	633	39	other	other	ADJ
ftr-297	633	40	property	property	NOUN
ftr-297	633	41	distributed	distribute	VERB
ftr-297	633	42	is	be	AUX
ftr-297	633	43	unrealized	unrealized	ADJ
ftr-297	633	44	receivables	receivables	NOUN
ftr-297	633	45	or	or	CCONJ
ftr-297	633	46	inventory	inventory	NOUN
ftr-297	633	47	.	.	PUNCT
ftr-297	634	1	loss	loss	NOUN
ftr-297	634	2	is	be	AUX
ftr-297	634	3	recognized	recognize	VERB
ftr-297	634	4	only	only	ADV
ftr-297	634	5	in	in	ADP
ftr-297	634	6	a	a	DET
ftr-297	634	7	liquidating	liquidate	VERB
ftr-297	634	8	distribution	distribution	NOUN
ftr-297	634	9	and	and	CCONJ
ftr-297	634	10	only	only	ADV
ftr-297	634	11	if	if	SCONJ
ftr-297	634	12	the	the	DET
ftr-297	634	13	property	property	NOUN
ftr-297	634	14	distributed	distribute	VERB
ftr-297	634	15	is	be	AUX
ftr-297	634	16	cash	cash	NOUN
ftr-297	634	17	,	,	PUNCT
ftr-297	634	18	unrealized	unrealized	ADJ
ftr-297	634	19	receivables	receivables	NOUN
ftr-297	634	20	,	,	PUNCT
ftr-297	634	21	inventory	inventory	NOUN
ftr-297	634	22	,	,	PUNCT
ftr-297	634	23	or	or	CCONJ
ftr-297	634	24	a	a	DET
ftr-297	634	25	combination	combination	NOUN
ftr-297	634	26	of	of	ADP
ftr-297	634	27	the	the	DET
ftr-297	634	28	three	three	NUM
ftr-297	634	29	.	.	PUNCT
ftr-297	635	1	2	2	NUM
ftr-297	635	2	.	.	X
ftr-297	635	3	basis	basis	NOUN
ftr-297	635	4	ofdistributed	ofdistribute	VERB
ftr-297	635	5	property	property	NOUN
ftr-297	635	6	if	if	SCONJ
ftr-297	635	7	property	property	NOUN
ftr-297	635	8	,	,	PUNCT
ftr-297	635	9	other	other	ADJ
ftr-297	635	10	than	than	ADP
ftr-297	635	11	or	or	CCONJ
ftr-297	635	12	in	in	ADP
ftr-297	635	13	addition	addition	NOUN
ftr-297	635	14	to	to	ADP
ftr-297	635	15	cash	cash	NOUN
ftr-297	635	16	,	,	PUNCT
ftr-297	635	17	unrealized	unrealized	ADJ
ftr-297	635	18	receivables	receivables	NOUN
ftr-297	635	19	,	,	PUNCT
ftr-297	635	20	or	or	CCONJ
ftr-297	635	21	inventory	inventory	NOUN
ftr-297	635	22	,	,	PUNCT
ftr-297	635	23	is	be	AUX
ftr-297	635	24	distributed	distribute	VERB
ftr-297	635	25	,	,	PUNCT
ftr-297	635	26	the	the	DET
ftr-297	635	27	rules	rule	NOUN
ftr-297	635	28	of	of	ADP
ftr-297	635	29	section	section	NOUN
ftr-297	635	30	732	732	NUM
ftr-297	635	31	determine	determine	VERB
ftr-297	635	32	whether	whether	SCONJ
ftr-297	635	33	its	its	PRON
ftr-297	635	34	basis	basis	NOUN
ftr-297	635	35	to	to	ADP
ftr-297	635	36	the	the	DET
ftr-297	635	37	distributee	distributee	NOUN
ftr-297	635	38	partner	partner	NOUN
ftr-297	635	39	after	after	SCONJ
ftr-297	635	40	the	the	DET
ftr-297	635	41	distribution	distribution	NOUN
ftr-297	635	42	is	be	AUX
ftr-297	635	43	more	more	ADV
ftr-297	635	44	or	or	CCONJ
ftr-297	635	45	less	less	ADJ
ftr-297	635	46	than	than	ADP
ftr-297	635	47	its	its	PRON
ftr-297	635	48	basis	basis	NOUN
ftr-297	635	49	to	to	ADP
ftr-297	635	50	the	the	DET
ftr-297	635	51	partnership	partnership	NOUN
ftr-297	635	52	before	before	ADP
ftr-297	635	53	the	the	DET
ftr-297	635	54	distribution	distribution	NOUN
ftr-297	635	55	.	.	PUNCT
ftr-297	636	1	if	if	SCONJ
ftr-297	636	2	the	the	DET
ftr-297	636	3	distribution	distribution	NOUN
ftr-297	636	4	is	be	AUX
ftr-297	636	5	a	a	DET
ftr-297	636	6	current	current	ADJ
ftr-297	636	7	distribution	distribution	NOUN
ftr-297	636	8	,	,	PUNCT
ftr-297	636	9	the	the	DET
ftr-297	636	10	general	general	ADJ
ftr-297	636	11	rule	rule	NOUN
ftr-297	636	12	is	be	AUX
ftr-297	636	13	that	that	SCONJ
ftr-297	636	14	the	the	DET
ftr-297	636	15	property	property	NOUN
ftr-297	636	16	has	have	VERB
ftr-297	636	17	the	the	DET
ftr-297	636	18	same	same	ADJ
ftr-297	636	19	basis	basis	NOUN
ftr-297	636	20	to	to	ADP
ftr-297	636	21	the	the	DET
ftr-297	636	22	distributee	distributee	NOUN
ftr-297	636	23	that	that	PRON
ftr-297	636	24	it	it	PRON
ftr-297	636	25	had	have	VERB
ftr-297	636	26	to	to	ADP
ftr-297	636	27	the	the	DET
ftr-297	636	28	partnership	partnership	NOUN
ftr-297	636	29	immediately	immediately	ADV
ftr-297	636	30	before	before	ADP
ftr-297	636	31	the	the	DET
ftr-297	636	32	distribution	distribution	NOUN
ftr-297	636	33	.	.	PUNCT
ftr-297	637	1	in	in	ADP
ftr-297	637	2	that	that	DET
ftr-297	637	3	event	event	NOUN
ftr-297	637	4	,	,	PUNCT
ftr-297	637	5	the	the	DET
ftr-297	637	6	distribution	distribution	NOUN
ftr-297	637	7	will	will	AUX
ftr-297	637	8	not	not	PART
ftr-297	637	9	create	create	VERB
ftr-297	637	10	a	a	DET
ftr-297	637	11	section	section	NOUN
ftr-297	637	12	734(b	734(b	NOUN
ftr-297	637	13	)	)	PUNCT
ftr-297	637	14	adjustment	adjustment	NOUN
ftr-297	637	15	.	.	PUNCT
ftr-297	638	1	however	however	ADV
ftr-297	638	2	,	,	PUNCT
ftr-297	638	3	the	the	DET
ftr-297	638	4	transferred	transfer	VERB
ftr-297	638	5	basis	basis	NOUN
ftr-297	638	6	of	of	ADP
ftr-297	638	7	the	the	DET
ftr-297	638	8	distributed	distribute	VERB
ftr-297	638	9	property	property	NOUN
ftr-297	638	10	in	in	ADP
ftr-297	638	11	the	the	DET
ftr-297	638	12	aggregate	aggregate	NOUN
ftr-297	638	13	can	can	AUX
ftr-297	638	14	not	not	PART
ftr-297	638	15	exceed	exceed	VERB
ftr-297	638	16	the	the	DET
ftr-297	638	17	basis	basis	NOUN
ftr-297	638	18	for	for	ADP
ftr-297	638	19	the	the	DET
ftr-297	638	20	distributee	distributee	NOUN
ftr-297	638	21	partner	partner	NOUN
ftr-297	638	22	's	's	PART
ftr-297	638	23	partnership	partnership	NOUN
ftr-297	638	24	interest	interest	NOUN
ftr-297	638	25	,	,	PUNCT
ftr-297	638	26	reduced	reduce	VERB
ftr-297	638	27	by	by	ADP
ftr-297	638	28	any	any	DET
ftr-297	638	29	money	money	NOUN
ftr-297	638	30	distributed	distribute	VERB
ftr-297	638	31	in	in	ADP
ftr-297	638	32	the	the	DET
ftr-297	638	33	same	same	ADJ
ftr-297	638	34	transaction	transaction	NOUN
ftr-297	638	35	.	.	PUNCT
ftr-297	639	1	if	if	SCONJ
ftr-297	639	2	that	that	DET
ftr-297	639	3	limitation	limitation	NOUN
ftr-297	639	4	applies	apply	VERB
ftr-297	639	5	,	,	PUNCT
ftr-297	639	6	the	the	DET
ftr-297	639	7	aggregate	aggregate	ADJ
ftr-297	639	8	basis	basis	NOUN
ftr-297	639	9	of	of	ADP
ftr-297	639	10	the	the	DET
ftr-297	639	11	distributed	distribute	VERB
ftr-297	639	12	property	property	NOUN
ftr-297	639	13	to	to	ADP
ftr-297	639	14	the	the	DET
ftr-297	639	15	distributee	distributee	NOUN
ftr-297	639	16	will	will	AUX
ftr-297	639	17	be	be	AUX
ftr-297	639	18	less	less	ADJ
ftr-297	639	19	than	than	ADP
ftr-297	639	20	the	the	DET
ftr-297	639	21	aggregate	aggregate	ADJ
ftr-297	639	22	basis	basis	NOUN
ftr-297	639	23	of	of	ADP
ftr-297	639	24	that	that	DET
ftr-297	639	25	property	property	NOUN
ftr-297	639	26	to	to	ADP
ftr-297	639	27	the	the	DET
ftr-297	639	28	partnership	partnership	NOUN
ftr-297	639	29	.	.	PUNCT
ftr-297	640	1	in	in	ADP
ftr-297	640	2	that	that	DET
ftr-297	640	3	event	event	NOUN
ftr-297	640	4	,	,	PUNCT
ftr-297	640	5	and	and	CCONJ
ftr-297	640	6	assuming	assume	VERB
ftr-297	640	7	that	that	SCONJ
ftr-297	640	8	an	an	DET
ftr-297	640	9	election	election	NOUN
ftr-297	640	10	is	be	AUX
ftr-297	640	11	in	in	ADP
ftr-297	640	12	effect	effect	NOUN
ftr-297	640	13	,	,	PUNCT
ftr-297	640	14	the	the	DET
ftr-297	640	15	decrease	decrease	NOUN
ftr-297	640	16	in	in	ADP
ftr-297	640	17	basis	basis	NOUN
ftr-297	640	18	of	of	ADP
ftr-297	640	19	the	the	DET
ftr-297	640	20	property	property	NOUN
ftr-297	640	21	will	will	AUX
ftr-297	640	22	cause	cause	VERB
ftr-297	640	23	an	an	DET
ftr-297	640	24	increase	increase	NOUN
ftr-297	640	25	in	in	ADP
ftr-297	640	26	basis	basis	NOUN
ftr-297	640	27	for	for	ADP
ftr-297	640	28	the	the	DET
ftr-297	640	29	remaining	remain	VERB
ftr-297	640	30	partnership	partnership	NOUN
ftr-297	640	31	property	property	NOUN
ftr-297	640	32	.	.	PUNCT
ftr-297	641	1	2014	2014	NUM
ftr-297	641	2	]	]	PUNCT
ftr-297	641	3	133	133	NUM
ftr-297	641	4	florida	florida	PROPN
ftr-297	641	5	tax	tax	NOUN
ftr-297	641	6	review	review	NOUN
ftr-297	641	7	if	if	SCONJ
ftr-297	641	8	the	the	DET
ftr-297	641	9	distribution	distribution	NOUN
ftr-297	641	10	is	be	AUX
ftr-297	641	11	a	a	DET
ftr-297	641	12	liquidating	liquidate	VERB
ftr-297	641	13	distribution	distribution	NOUN
ftr-297	641	14	,	,	PUNCT
ftr-297	641	15	there	there	PRON
ftr-297	641	16	is	be	VERB
ftr-297	641	17	no	no	DET
ftr-297	641	18	transferred	transfer	VERB
ftr-297	641	19	basis	basis	NOUN
ftr-297	641	20	with	with	ADP
ftr-297	641	21	respect	respect	NOUN
ftr-297	641	22	to	to	ADP
ftr-297	641	23	the	the	DET
ftr-297	641	24	distributed	distribute	VERB
ftr-297	641	25	property	property	NOUN
ftr-297	641	26	.	.	PUNCT
ftr-297	642	1	there	there	PRON
ftr-297	642	2	is	be	VERB
ftr-297	642	3	an	an	DET
ftr-297	642	4	exchanged	exchange	VERB
ftr-297	642	5	basis	basis	NOUN
ftr-297	642	6	because	because	SCONJ
ftr-297	642	7	the	the	DET
ftr-297	642	8	distributed	distribute	VERB
ftr-297	642	9	property	property	NOUN
ftr-297	642	10	always	always	ADV
ftr-297	642	11	takes	take	VERB
ftr-297	642	12	a	a	DET
ftr-297	642	13	basis	basis	NOUN
ftr-297	642	14	,	,	PUNCT
ftr-297	642	15	in	in	ADP
ftr-297	642	16	the	the	DET
ftr-297	642	17	aggregate	aggregate	NOUN
ftr-297	642	18	,	,	PUNCT
ftr-297	642	19	equal	equal	ADJ
ftr-297	642	20	to	to	ADP
ftr-297	642	21	the	the	DET
ftr-297	642	22	basis	basis	NOUN
ftr-297	642	23	for	for	ADP
ftr-297	642	24	the	the	DET
ftr-297	642	25	distributee	distributee	NOUN
ftr-297	642	26	's	's	PART
ftr-297	642	27	partnership	partnership	NOUN
ftr-297	642	28	interest	interest	NOUN
ftr-297	642	29	,	,	PUNCT
ftr-297	642	30	reduced	reduce	VERB
ftr-297	642	31	by	by	ADP
ftr-297	642	32	any	any	DET
ftr-297	642	33	money	money	NOUN
ftr-297	642	34	distributed.82	distributed.82	VERB
ftr-297	642	35	the	the	DET
ftr-297	642	36	basis	basis	NOUN
ftr-297	642	37	of	of	ADP
ftr-297	642	38	the	the	DET
ftr-297	642	39	distributed	distribute	VERB
ftr-297	642	40	property	property	NOUN
ftr-297	642	41	can	can	AUX
ftr-297	642	42	either	either	CCONJ
ftr-297	642	43	increase	increase	VERB
ftr-297	642	44	or	or	CCONJ
ftr-297	642	45	decrease	decrease	NOUN
ftr-297	642	46	by	by	ADP
ftr-297	642	47	reason	reason	NOUN
ftr-297	642	48	of	of	ADP
ftr-297	642	49	the	the	DET
ftr-297	642	50	distribution	distribution	NOUN
ftr-297	642	51	.	.	PUNCT
ftr-297	643	1	therefore	therefore	ADV
ftr-297	643	2	,	,	PUNCT
ftr-297	643	3	it	it	PRON
ftr-297	643	4	can	can	AUX
ftr-297	643	5	create	create	VERB
ftr-297	643	6	either	either	CCONJ
ftr-297	643	7	a	a	DET
ftr-297	643	8	downward	downward	ADJ
ftr-297	643	9	or	or	CCONJ
ftr-297	643	10	an	an	DET
ftr-297	643	11	upward	upward	ADJ
ftr-297	643	12	adjustment	adjustment	NOUN
ftr-297	643	13	to	to	ADP
ftr-297	643	14	the	the	DET
ftr-297	643	15	basis	basis	NOUN
ftr-297	643	16	of	of	ADP
ftr-297	643	17	the	the	DET
ftr-297	643	18	remaining	remain	VERB
ftr-297	643	19	partnership	partnership	NOUN
ftr-297	643	20	property	property	NOUN
ftr-297	643	21	.	.	PUNCT
ftr-297	644	1	3	3	X
ftr-297	644	2	.	.	X
ftr-297	644	3	illustration	illustration	NOUN
ftr-297	644	4	the	the	DET
ftr-297	644	5	regulations	regulation	NOUN
ftr-297	644	6	84	84	NUM
ftr-297	644	7	illustrate	illustrate	VERB
ftr-297	644	8	an	an	DET
ftr-297	644	9	adjustment	adjustment	NOUN
ftr-297	644	10	when	when	SCONJ
ftr-297	644	11	the	the	DET
ftr-297	644	12	liquidation	liquidation	NOUN
ftr-297	644	13	of	of	ADP
ftr-297	644	14	a	a	DET
ftr-297	644	15	partner	partner	NOUN
ftr-297	644	16	's	's	PART
ftr-297	644	17	interest	interest	NOUN
ftr-297	644	18	results	result	NOUN
ftr-297	644	19	in	in	ADP
ftr-297	644	20	a	a	DET
ftr-297	644	21	decrease	decrease	NOUN
ftr-297	644	22	in	in	ADP
ftr-297	644	23	the	the	DET
ftr-297	644	24	basis	basis	NOUN
ftr-297	644	25	of	of	ADP
ftr-297	644	26	an	an	DET
ftr-297	644	27	asset	asset	NOUN
ftr-297	644	28	distributed	distribute	VERB
ftr-297	644	29	and	and	CCONJ
ftr-297	644	30	an	an	DET
ftr-297	644	31	increase	increase	NOUN
ftr-297	644	32	in	in	ADP
ftr-297	644	33	the	the	DET
ftr-297	644	34	basis	basis	NOUN
ftr-297	644	35	of	of	ADP
ftr-297	644	36	the	the	DET
ftr-297	644	37	remaining	remain	VERB
ftr-297	644	38	partnership	partnership	NOUN
ftr-297	644	39	property	property	NOUN
ftr-297	644	40	.	.	PUNCT
ftr-297	645	1	in	in	ADP
ftr-297	645	2	that	that	DET
ftr-297	645	3	example	example	NOUN
ftr-297	645	4	,	,	PUNCT
ftr-297	645	5	d	d	PROPN
ftr-297	645	6	has	have	VERB
ftr-297	645	7	a	a	DET
ftr-297	645	8	$	$	SYM
ftr-297	645	9	10,000	10,000	NUM
ftr-297	645	10	basis	basis	NOUN
ftr-297	645	11	for	for	ADP
ftr-297	645	12	his	his	PRON
ftr-297	645	13	one	one	NUM
ftr-297	645	14	-	-	PUNCT
ftr-297	645	15	third	third	NOUN
ftr-297	645	16	interest	interest	NOUN
ftr-297	645	17	in	in	ADP
ftr-297	645	18	partnership	partnership	NOUN
ftr-297	645	19	def	def	PROPN
ftr-297	645	20	,	,	PUNCT
ftr-297	645	21	which	which	PRON
ftr-297	645	22	has	have	VERB
ftr-297	645	23	the	the	DET
ftr-297	645	24	following	follow	VERB
ftr-297	645	25	tax	tax	NOUN
ftr-297	645	26	balance	balance	NOUN
ftr-297	645	27	sheet	sheet	NOUN
ftr-297	645	28	:	:	PUNCT
ftr-297	645	29	assets	asset	NOUN
ftr-297	645	30	:	:	PUNCT
ftr-297	645	31	adjusted	adjust	VERB
ftr-297	645	32	fair	fair	ADJ
ftr-297	645	33	capital	capital	NOUN
ftr-297	645	34	:	:	PUNCT
ftr-297	645	35	adjusted	adjust	VERB
ftr-297	645	36	fair	fair	ADJ
ftr-297	645	37	basis	basis	NOUN
ftr-297	645	38	market	market	NOUN
ftr-297	645	39	basis	basis	NOUN
ftr-297	645	40	market	market	NOUN
ftr-297	645	41	value	value	NOUN
ftr-297	645	42	value	value	NOUN
ftr-297	645	43	cash	cash	NOUN
ftr-297	645	44	$	$	SYM
ftr-297	645	45	4,000	4,000	NUM
ftr-297	645	46	$	$	SYM
ftr-297	645	47	4,000	4,000	NUM
ftr-297	645	48	d	d	NOUN
ftr-297	645	49	$	$	SYM
ftr-297	645	50	10,000	10,000	NUM
ftr-297	645	51	$	$	SYM
ftr-297	645	52	11,000	11,000	NUM
ftr-297	645	53	capital	capital	NOUN
ftr-297	645	54	asset	asset	NOUN
ftr-297	645	55	x	x	NOUN
ftr-297	645	56	11,000	11,000	NUM
ftr-297	645	57	11,000	11,000	NUM
ftr-297	645	58	e	e	NOUN
ftr-297	645	59	10,000	10,000	NUM
ftr-297	645	60	11,000	11,000	NUM
ftr-297	645	61	capital	capital	NOUN
ftr-297	645	62	asset	asset	NOUN
ftr-297	645	63	y	y	PROPN
ftr-297	645	64	15	15	NUM
ftr-297	645	65	0	0	NUM
ftr-297	646	1	_	_	NOUN
ftr-297	646	2	18,000	18,000	NUM
ftr-297	646	3	f	f	NOUN
ftr-297	646	4	10,000	10,000	NUM
ftr-297	646	5	11,000	11,000	NUM
ftr-297	646	6	total	total	ADJ
ftr-297	646	7	$	$	SYM
ftr-297	646	8	30,000	30,000	NUM
ftr-297	646	9	$	$	SYM
ftr-297	646	10	33,000	33,000	NUM
ftr-297	646	11	total	total	ADJ
ftr-297	646	12	$	$	SYM
ftr-297	646	13	30,000	30,000	NUM
ftr-297	646	14	$	$	SYM
ftr-297	646	15	33,000	33,000	NUM
ftr-297	646	16	if	if	SCONJ
ftr-297	646	17	d	d	NOUN
ftr-297	646	18	receives	receive	VERB
ftr-297	646	19	capital	capital	NOUN
ftr-297	646	20	asset	asset	NOUN
ftr-297	646	21	x	x	PUNCT
ftr-297	646	22	in	in	ADP
ftr-297	646	23	complete	complete	ADJ
ftr-297	646	24	liquidation	liquidation	NOUN
ftr-297	646	25	of	of	ADP
ftr-297	646	26	his	his	PRON
ftr-297	646	27	interest	interest	NOUN
ftr-297	646	28	,	,	PUNCT
ftr-297	646	29	it	it	PRON
ftr-297	646	30	will	will	AUX
ftr-297	646	31	have	have	VERB
ftr-297	646	32	a	a	DET
ftr-297	646	33	basis	basis	NOUN
ftr-297	646	34	to	to	ADP
ftr-297	646	35	him	he	PRON
ftr-297	646	36	of	of	ADP
ftr-297	646	37	$	$	SYM
ftr-297	646	38	10,000	10,000	NUM
ftr-297	646	39	,	,	PUNCT
ftr-297	646	40	which	which	PRON
ftr-297	646	41	is	be	AUX
ftr-297	646	42	the	the	DET
ftr-297	646	43	basis	basis	NOUN
ftr-297	646	44	of	of	ADP
ftr-297	646	45	d	d	PROPN
ftr-297	646	46	's	's	PART
ftr-297	646	47	partnership	partnership	NOUN
ftr-297	646	48	interest	interest	NOUN
ftr-297	646	49	.	.	PUNCT
ftr-297	647	1	there	there	PRON
ftr-297	647	2	has	have	AUX
ftr-297	647	3	been	be	AUX
ftr-297	647	4	a	a	DET
ftr-297	647	5	decrease	decrease	NOUN
ftr-297	647	6	of	of	ADP
ftr-297	647	7	$	$	SYM
ftr-297	647	8	1,000	1,000	NUM
ftr-297	647	9	in	in	ADP
ftr-297	647	10	the	the	DET
ftr-297	647	11	basis	basis	NOUN
ftr-297	647	12	of	of	ADP
ftr-297	647	13	that	that	DET
ftr-297	647	14	asset	asset	NOUN
ftr-297	647	15	,	,	PUNCT
ftr-297	647	16	which	which	PRON
ftr-297	647	17	will	will	AUX
ftr-297	647	18	result	result	VERB
ftr-297	647	19	in	in	ADP
ftr-297	647	20	a	a	DET
ftr-297	647	21	$	$	SYM
ftr-297	647	22	1,000	1,000	NUM
ftr-297	647	23	increase	increase	NOUN
ftr-297	647	24	in	in	ADP
ftr-297	647	25	the	the	DET
ftr-297	647	26	basis	basis	NOUN
ftr-297	647	27	of	of	ADP
ftr-297	647	28	the	the	DET
ftr-297	647	29	remaining	remain	VERB
ftr-297	647	30	partnership	partnership	NOUN
ftr-297	647	31	assets	asset	NOUN
ftr-297	647	32	if	if	SCONJ
ftr-297	647	33	the	the	DET
ftr-297	647	34	election	election	NOUN
ftr-297	647	35	is	be	AUX
ftr-297	647	36	in	in	ADP
ftr-297	647	37	effect	effect	NOUN
ftr-297	647	38	.	.	PUNCT
ftr-297	648	1	this	this	DET
ftr-297	648	2	increase	increase	NOUN
ftr-297	648	3	is	be	AUX
ftr-297	648	4	applied	apply	VERB
ftr-297	648	5	to	to	ADP
ftr-297	648	6	the	the	DET
ftr-297	648	7	basis	basis	NOUN
ftr-297	648	8	of	of	ADP
ftr-297	648	9	capital	capital	NOUN
ftr-297	648	10	asset	asset	PROPN
ftr-297	648	11	y	y	PROPN
ftr-297	648	12	,	,	PUNCT
ftr-297	648	13	the	the	DET
ftr-297	648	14	only	only	ADJ
ftr-297	648	15	remaining	remain	VERB
ftr-297	648	16	partnership	partnership	NOUN
ftr-297	648	17	property	property	NOUN
ftr-297	648	18	other	other	ADJ
ftr-297	648	19	than	than	ADP
ftr-297	648	20	money.85	money.85	VERB
ftr-297	648	21	the	the	DET
ftr-297	648	22	new	new	ADJ
ftr-297	648	23	balance	balance	NOUN
ftr-297	648	24	sheet	sheet	NOUN
ftr-297	648	25	of	of	ADP
ftr-297	648	26	partnership	partnership	NOUN
ftr-297	648	27	ef	ef	PROPN
ftr-297	648	28	is	be	AUX
ftr-297	648	29	as	as	SCONJ
ftr-297	648	30	follows	follow	VERB
ftr-297	648	31	:	:	PUNCT
ftr-297	649	1	82	82	NUM
ftr-297	649	2	.	.	PUNCT
ftr-297	650	1	this	this	PRON
ftr-297	650	2	is	be	AUX
ftr-297	650	3	so	so	ADV
ftr-297	650	4	on	on	ADP
ftr-297	650	5	an	an	DET
ftr-297	650	6	aggregate	aggregate	ADJ
ftr-297	650	7	basis	basis	NOUN
ftr-297	650	8	.	.	PUNCT
ftr-297	651	1	however	however	ADV
ftr-297	651	2	,	,	PUNCT
ftr-297	651	3	the	the	DET
ftr-297	651	4	distributee	distributee	NOUN
ftr-297	651	5	's	's	PART
ftr-297	651	6	basis	basis	NOUN
ftr-297	651	7	in	in	ADP
ftr-297	651	8	unrealized	unrealized	ADJ
ftr-297	651	9	receivables	receivables	NOUN
ftr-297	651	10	and	and	CCONJ
ftr-297	651	11	inventory	inventory	NOUN
ftr-297	651	12	items	item	NOUN
ftr-297	651	13	can	can	AUX
ftr-297	651	14	not	not	PART
ftr-297	651	15	exceed	exceed	VERB
ftr-297	651	16	the	the	DET
ftr-297	651	17	basis	basis	NOUN
ftr-297	651	18	of	of	ADP
ftr-297	651	19	such	such	ADJ
ftr-297	651	20	property	property	NOUN
ftr-297	651	21	to	to	ADP
ftr-297	651	22	the	the	DET
ftr-297	651	23	partnership	partnership	NOUN
ftr-297	651	24	prior	prior	ADV
ftr-297	651	25	to	to	ADP
ftr-297	651	26	the	the	DET
ftr-297	651	27	distribution	distribution	NOUN
ftr-297	651	28	under	under	ADP
ftr-297	651	29	section	section	NOUN
ftr-297	651	30	732(c)(1	732(c)(1	NUM
ftr-297	651	31	)	)	PUNCT
ftr-297	651	32	.	.	PUNCT
ftr-297	652	1	83	83	NUM
ftr-297	652	2	.	.	PUNCT
ftr-297	653	1	the	the	DET
ftr-297	653	2	only	only	ADJ
ftr-297	653	3	circumstance	circumstance	NOUN
ftr-297	653	4	in	in	ADP
ftr-297	653	5	which	which	PRON
ftr-297	653	6	a	a	DET
ftr-297	653	7	distribution	distribution	NOUN
ftr-297	653	8	of	of	ADP
ftr-297	653	9	property	property	NOUN
ftr-297	653	10	in	in	ADP
ftr-297	653	11	liquidation	liquidation	NOUN
ftr-297	653	12	will	will	AUX
ftr-297	653	13	not	not	PART
ftr-297	653	14	result	result	VERB
ftr-297	653	15	in	in	ADP
ftr-297	653	16	an	an	DET
ftr-297	653	17	increase	increase	NOUN
ftr-297	653	18	or	or	CCONJ
ftr-297	653	19	decrease	decrease	NOUN
ftr-297	653	20	of	of	ADP
ftr-297	653	21	its	its	PRON
ftr-297	653	22	basis	basis	NOUN
ftr-297	653	23	is	be	AUX
ftr-297	653	24	when	when	SCONJ
ftr-297	653	25	the	the	DET
ftr-297	653	26	basis	basis	NOUN
ftr-297	653	27	of	of	ADP
ftr-297	653	28	the	the	DET
ftr-297	653	29	distributee	distributee	NOUN
ftr-297	653	30	's	's	PART
ftr-297	653	31	partnership	partnership	NOUN
ftr-297	653	32	interest	interest	NOUN
ftr-297	653	33	equals	equal	VERB
ftr-297	653	34	the	the	DET
ftr-297	653	35	basis	basis	NOUN
ftr-297	653	36	of	of	ADP
ftr-297	653	37	the	the	DET
ftr-297	653	38	distributed	distribute	VERB
ftr-297	653	39	property	property	NOUN
ftr-297	653	40	.	.	PUNCT
ftr-297	654	1	84	84	NUM
ftr-297	654	2	.	.	PUNCT
ftr-297	655	1	reg	reg	NOUN
ftr-297	655	2	.	.	PUNCT
ftr-297	656	1	§	§	PROPN
ftr-297	656	2	1.734	1.734	NUM
ftr-297	656	3	-	-	SYM
ftr-297	656	4	1(b)(1	1(b)(1	NUM
ftr-297	656	5	)	)	PUNCT
ftr-297	656	6	.	.	PUNCT
ftr-297	657	1	85	85	NUM
ftr-297	657	2	.	.	PUNCT
ftr-297	658	1	the	the	DET
ftr-297	658	2	allocation	allocation	NOUN
ftr-297	658	3	is	be	AUX
ftr-297	658	4	made	make	VERB
ftr-297	658	5	under	under	ADP
ftr-297	658	6	the	the	DET
ftr-297	658	7	rules	rule	NOUN
ftr-297	658	8	of	of	ADP
ftr-297	658	9	section	section	NOUN
ftr-297	658	10	755	755	NUM
ftr-297	658	11	,	,	PUNCT
ftr-297	658	12	discussed	discuss	VERB
ftr-297	658	13	below	below	ADV
ftr-297	658	14	.	.	PUNCT
ftr-297	659	1	[	[	X
ftr-297	659	2	vol	vol	NOUN
ftr-297	659	3	.	.	PUNCT
ftr-297	659	4	15:3134	15:3134	NUM
ftr-297	659	5	optional	optional	ADJ
ftr-297	659	6	basis	basis	NOUN
ftr-297	659	7	adjustments	adjustment	NOUN
ftr-297	659	8	under	under	ADP
ftr-297	659	9	subchapter	subchapter	NOUN
ftr-297	659	10	k	k	PROPN
ftr-297	659	11	assets	asset	NOUN
ftr-297	659	12	:	:	PUNCT
ftr-297	659	13	adjusted	adjust	VERB
ftr-297	659	14	fair	fair	ADJ
ftr-297	659	15	capital	capital	NOUN
ftr-297	659	16	:	:	PUNCT
ftr-297	659	17	adjusted	adjust	VERB
ftr-297	659	18	fair	fair	ADJ
ftr-297	659	19	basis	basis	NOUN
ftr-297	659	20	market	market	NOUN
ftr-297	659	21	basis	basis	NOUN
ftr-297	659	22	market	market	NOUN
ftr-297	659	23	value	value	NOUN
ftr-297	659	24	value	value	NOUN
ftr-297	659	25	cash	cash	NOUN
ftr-297	659	26	$	$	SYM
ftr-297	659	27	4,000	4,000	NUM
ftr-297	659	28	$	$	SYM
ftr-297	659	29	4,000	4,000	NUM
ftr-297	659	30	e	e	NOUN
ftr-297	659	31	$	$	SYM
ftr-297	659	32	10,000	10,000	NUM
ftr-297	659	33	$	$	SYM
ftr-297	659	34	11,000	11,000	NUM
ftr-297	659	35	capital	capital	NOUN
ftr-297	659	36	asset	asset	NOUN
ftr-297	659	37	y	y	PROPN
ftr-297	659	38	16000	16000	NUM
ftr-297	659	39	_	_	PUNCT
ftr-297	660	1	18,000	18,000	NUM
ftr-297	660	2	f	f	NOUN
ftr-297	660	3	_	_	NOUN
ftr-297	660	4	10,000	10,000	NUM
ftr-297	660	5	1100	1100	NUM
ftr-297	660	6	total	total	ADJ
ftr-297	660	7	$	$	SYM
ftr-297	660	8	20,000	20,000	NUM
ftr-297	660	9	$	$	SYM
ftr-297	660	10	22,000	22,000	NUM
ftr-297	660	11	total	total	ADJ
ftr-297	660	12	$	$	SYM
ftr-297	660	13	20,000	20,000	NUM
ftr-297	660	14	$	$	SYM
ftr-297	660	15	22,000	22,000	NUM
ftr-297	660	16	the	the	DET
ftr-297	660	17	effect	effect	NOUN
ftr-297	660	18	of	of	ADP
ftr-297	660	19	the	the	DET
ftr-297	660	20	adjustment	adjustment	NOUN
ftr-297	660	21	is	be	AUX
ftr-297	660	22	to	to	PART
ftr-297	660	23	prevent	prevent	VERB
ftr-297	660	24	an	an	DET
ftr-297	660	25	overall	overall	ADJ
ftr-297	660	26	increase	increase	NOUN
ftr-297	660	27	or	or	CCONJ
ftr-297	660	28	decrease	decrease	NOUN
ftr-297	660	29	in	in	ADP
ftr-297	660	30	the	the	DET
ftr-297	660	31	basis	basis	NOUN
ftr-297	660	32	of	of	ADP
ftr-297	660	33	the	the	DET
ftr-297	660	34	total	total	ADJ
ftr-297	660	35	partnership	partnership	NOUN
ftr-297	660	36	assets	asset	NOUN
ftr-297	660	37	,	,	PUNCT
ftr-297	660	38	including	include	VERB
ftr-297	660	39	those	those	PRON
ftr-297	660	40	distributed	distribute	VERB
ftr-297	660	41	,	,	PUNCT
ftr-297	660	42	solely	solely	ADV
ftr-297	660	43	by	by	ADP
ftr-297	660	44	reason	reason	NOUN
ftr-297	660	45	of	of	ADP
ftr-297	660	46	the	the	DET
ftr-297	660	47	distribution	distribution	NOUN
ftr-297	660	48	.	.	PUNCT
ftr-297	661	1	the	the	DET
ftr-297	661	2	adjustment	adjustment	NOUN
ftr-297	661	3	also	also	ADV
ftr-297	661	4	preserves	preserve	VERB
ftr-297	661	5	the	the	DET
ftr-297	661	6	equality	equality	NOUN
ftr-297	661	7	of	of	ADP
ftr-297	661	8	the	the	DET
ftr-297	661	9	total	total	NOUN
ftr-297	661	10	of	of	ADP
ftr-297	661	11	the	the	DET
ftr-297	661	12	inside	inside	NOUN
ftr-297	661	13	and	and	CCONJ
ftr-297	661	14	outside	outside	ADJ
ftr-297	661	15	basis	basis	NOUN
ftr-297	661	16	of	of	ADP
ftr-297	661	17	the	the	DET
ftr-297	661	18	partnership	partnership	NOUN
ftr-297	661	19	and	and	CCONJ
ftr-297	661	20	the	the	DET
ftr-297	661	21	partners	partner	NOUN
ftr-297	661	22	.	.	PUNCT
ftr-297	662	1	4	4	X
ftr-297	662	2	.	.	X
ftr-297	662	3	depreciation	depreciation	NOUN
ftr-297	662	4	and	and	CCONJ
ftr-297	662	5	amortization	amortization	NOUN
ftr-297	662	6	as	as	ADP
ftr-297	662	7	in	in	ADP
ftr-297	662	8	the	the	DET
ftr-297	662	9	previous	previous	ADJ
ftr-297	662	10	discussion	discussion	NOUN
ftr-297	662	11	of	of	ADP
ftr-297	662	12	the	the	DET
ftr-297	662	13	impact	impact	NOUN
ftr-297	662	14	of	of	ADP
ftr-297	662	15	the	the	DET
ftr-297	662	16	section	section	NOUN
ftr-297	662	17	743(b	743(b	PROPN
ftr-297	662	18	)	)	PUNCT
ftr-297	662	19	adjustment	adjustment	NOUN
ftr-297	662	20	on	on	ADP
ftr-297	662	21	the	the	DET
ftr-297	662	22	depreciation	depreciation	NOUN
ftr-297	662	23	or	or	CCONJ
ftr-297	662	24	amortization	amortization	NOUN
ftr-297	662	25	amounts	amount	NOUN
ftr-297	662	26	available	available	ADJ
ftr-297	662	27	to	to	ADP
ftr-297	662	28	the	the	DET
ftr-297	662	29	transferee	transferee	PROPN
ftr-297	662	30	partner	partner	NOUN
ftr-297	662	31	if	if	SCONJ
ftr-297	662	32	an	an	DET
ftr-297	662	33	election	election	NOUN
ftr-297	662	34	is	be	AUX
ftr-297	662	35	in	in	ADP
ftr-297	662	36	effect	effect	NOUN
ftr-297	662	37	,	,	PUNCT
ftr-297	662	38	unsurprisingly	unsurprisingly	ADV
ftr-297	662	39	,	,	PUNCT
ftr-297	662	40	similar	similar	ADJ
ftr-297	662	41	additional	additional	ADJ
ftr-297	662	42	calculations	calculation	NOUN
ftr-297	662	43	are	be	AUX
ftr-297	662	44	required	require	VERB
ftr-297	662	45	in	in	ADP
ftr-297	662	46	the	the	DET
ftr-297	662	47	case	case	NOUN
ftr-297	662	48	of	of	ADP
ftr-297	662	49	a	a	DET
ftr-297	662	50	section	section	NOUN
ftr-297	662	51	734(b	734(b	NOUN
ftr-297	662	52	)	)	PUNCT
ftr-297	662	53	adjustment	adjustment	NOUN
ftr-297	662	54	.	.	PUNCT
ftr-297	663	1	the	the	DET
ftr-297	663	2	adjustments	adjustment	NOUN
ftr-297	663	3	produce	produce	VERB
ftr-297	663	4	increases	increase	NOUN
ftr-297	663	5	or	or	CCONJ
ftr-297	663	6	decreases	decrease	NOUN
ftr-297	663	7	in	in	ADP
ftr-297	663	8	the	the	DET
ftr-297	663	9	basis	basis	NOUN
ftr-297	663	10	of	of	ADP
ftr-297	663	11	the	the	DET
ftr-297	663	12	assets	asset	NOUN
ftr-297	663	13	for	for	ADP
ftr-297	663	14	the	the	DET
ftr-297	663	15	partnership	partnership	NOUN
ftr-297	663	16	.	.	PUNCT
ftr-297	664	1	accordingly	accordingly	ADV
ftr-297	664	2	,	,	PUNCT
ftr-297	664	3	if	if	SCONJ
ftr-297	664	4	the	the	DET
ftr-297	664	5	adjusted	adjust	VERB
ftr-297	664	6	assets	asset	NOUN
ftr-297	664	7	are	be	AUX
ftr-297	664	8	depreciable	depreciable	ADJ
ftr-297	664	9	or	or	CCONJ
ftr-297	664	10	amortizable	amortizable	ADJ
ftr-297	664	11	,	,	PUNCT
ftr-297	664	12	additional	additional	ADJ
ftr-297	664	13	tax	tax	NOUN
ftr-297	664	14	consequences	consequence	NOUN
ftr-297	664	15	will	will	AUX
ftr-297	664	16	arise	arise	VERB
ftr-297	664	17	for	for	ADP
ftr-297	664	18	the	the	DET
ftr-297	664	19	continuing	continue	VERB
ftr-297	664	20	partners	partner	NOUN
ftr-297	664	21	.	.	PUNCT
ftr-297	665	1	c	c	VERB
ftr-297	665	2	some	some	DET
ftr-297	665	3	difficulties	difficulty	NOUN
ftr-297	665	4	in	in	ADP
ftr-297	665	5	the	the	DET
ftr-297	665	6	operation	operation	NOUN
ftr-297	665	7	of	of	ADP
ftr-297	665	8	section	section	NOUN
ftr-297	665	9	734(b	734(b	PROPN
ftr-297	665	10	)	)	PUNCT
ftr-297	665	11	in	in	ADP
ftr-297	665	12	contrast	contrast	NOUN
ftr-297	665	13	to	to	ADP
ftr-297	665	14	the	the	DET
ftr-297	665	15	section	section	NOUN
ftr-297	665	16	743(b	743(b	NOUN
ftr-297	665	17	)	)	PUNCT
ftr-297	665	18	basis	basis	NOUN
ftr-297	665	19	adjustment	adjustment	NOUN
ftr-297	665	20	,	,	PUNCT
ftr-297	665	21	the	the	DET
ftr-297	665	22	section	section	NOUN
ftr-297	665	23	734(b	734(b	NOUN
ftr-297	665	24	)	)	PUNCT
ftr-297	665	25	adjustment	adjustment	NOUN
ftr-297	665	26	does	do	AUX
ftr-297	665	27	not	not	PART
ftr-297	665	28	operate	operate	VERB
ftr-297	665	29	as	as	ADV
ftr-297	665	30	well	well	ADV
ftr-297	665	31	in	in	ADP
ftr-297	665	32	certain	certain	ADJ
ftr-297	665	33	situations	situation	NOUN
ftr-297	665	34	.	.	PUNCT
ftr-297	666	1	this	this	PRON
ftr-297	666	2	is	be	AUX
ftr-297	666	3	particularly	particularly	ADV
ftr-297	666	4	so	so	ADV
ftr-297	666	5	where	where	SCONJ
ftr-297	666	6	there	there	PRON
ftr-297	666	7	is	be	VERB
ftr-297	666	8	a	a	DET
ftr-297	666	9	disparity	disparity	NOUN
ftr-297	666	10	between	between	ADP
ftr-297	666	11	inside	inside	ADP
ftr-297	666	12	and	and	CCONJ
ftr-297	666	13	outside	outside	ADJ
ftr-297	666	14	basis	basis	NOUN
ftr-297	666	15	existing	exist	VERB
ftr-297	666	16	at	at	ADP
ftr-297	666	17	the	the	DET
ftr-297	666	18	time	time	NOUN
ftr-297	666	19	of	of	ADP
ftr-297	666	20	a	a	DET
ftr-297	666	21	distribution	distribution	NOUN
ftr-297	666	22	.	.	PUNCT
ftr-297	667	1	for	for	ADP
ftr-297	667	2	example	example	NOUN
ftr-297	667	3	,	,	PUNCT
ftr-297	667	4	assume	assume	VERB
ftr-297	667	5	that	that	SCONJ
ftr-297	667	6	the	the	DET
ftr-297	667	7	tax	tax	NOUN
ftr-297	667	8	balance	balance	NOUN
ftr-297	667	9	sheet	sheet	NOUN
ftr-297	667	10	of	of	ADP
ftr-297	667	11	partnership	partnership	NOUN
ftr-297	667	12	bcd	bcd	PROPN
ftr-297	667	13	is	be	AUX
ftr-297	667	14	as	as	SCONJ
ftr-297	667	15	follows	follow	VERB
ftr-297	667	16	:	:	PUNCT
ftr-297	667	17	86	86	NUM
ftr-297	667	18	.	.	PUNCT
ftr-297	668	1	see	see	VERB
ftr-297	668	2	david	david	PROPN
ftr-297	668	3	l.	l.	PROPN
ftr-297	668	4	cameron	cameron	PROPN
ftr-297	668	5	&	&	CCONJ
ftr-297	668	6	philip	philip	PROPN
ftr-297	668	7	f.	f.	PROPN
ftr-297	668	8	postlewaite	postlewaite	PROPN
ftr-297	668	9	,	,	PUNCT
ftr-297	668	10	amortization	amortization	NOUN
ftr-297	668	11	of	of	ADP
ftr-297	668	12	intangible	intangible	ADJ
ftr-297	668	13	assets	asset	NOUN
ftr-297	668	14	under	under	ADP
ftr-297	668	15	the	the	DET
ftr-297	668	16	improved	improved	ADJ
ftr-297	668	17	final	final	ADJ
ftr-297	668	18	regulations	regulation	NOUN
ftr-297	668	19	,	,	PUNCT
ftr-297	668	20	93	93	NUM
ftr-297	668	21	j.	j.	NOUN
ftr-297	668	22	tax'n	tax'n	ADP
ftr-297	668	23	150	150	NUM
ftr-297	668	24	(	(	PUNCT
ftr-297	668	25	2000	2000	NUM
ftr-297	668	26	)	)	PUNCT
ftr-297	668	27	.	.	PUNCT
ftr-297	669	1	see	see	VERB
ftr-297	669	2	generally	generally	ADV
ftr-297	669	3	postlewaite	postlewaite	VERB
ftr-297	669	4	et	et	PROPN
ftr-297	669	5	al	al	PROPN
ftr-297	669	6	.	.	PROPN
ftr-297	669	7	,	,	PUNCT
ftr-297	669	8	intellectual	intellectual	ADJ
ftr-297	669	9	property	property	NOUN
ftr-297	669	10	,	,	PUNCT
ftr-297	669	11	supra	supra	PROPN
ftr-297	669	12	note	note	NOUN
ftr-297	669	13	54	54	NUM
ftr-297	669	14	.	.	PUNCT
ftr-297	669	15	87	87	NUM
ftr-297	669	16	.	.	PUNCT
ftr-297	670	1	although	although	SCONJ
ftr-297	670	2	the	the	DET
ftr-297	670	3	treasury	treasury	NOUN
ftr-297	670	4	in	in	ADP
ftr-297	670	5	2004	2004	NUM
ftr-297	670	6	markedly	markedly	ADV
ftr-297	670	7	improved	improve	VERB
ftr-297	670	8	the	the	DET
ftr-297	670	9	operation	operation	NOUN
ftr-297	670	10	of	of	ADP
ftr-297	670	11	the	the	DET
ftr-297	670	12	section	section	NOUN
ftr-297	670	13	743(b	743(b	PROPN
ftr-297	670	14	)	)	PUNCT
ftr-297	670	15	basis	basis	NOUN
ftr-297	670	16	adjustment	adjustment	NOUN
ftr-297	670	17	through	through	ADP
ftr-297	670	18	the	the	DET
ftr-297	670	19	issuance	issuance	NOUN
ftr-297	670	20	of	of	ADP
ftr-297	670	21	new	new	ADJ
ftr-297	670	22	regulations	regulation	NOUN
ftr-297	670	23	,	,	PUNCT
ftr-297	670	24	its	its	PRON
ftr-297	670	25	efforts	effort	NOUN
ftr-297	670	26	in	in	ADP
ftr-297	670	27	section	section	NOUN
ftr-297	670	28	734(b	734(b	PROPN
ftr-297	670	29	)	)	PUNCT
ftr-297	670	30	context	context	NOUN
ftr-297	670	31	were	be	AUX
ftr-297	670	32	not	not	PART
ftr-297	670	33	as	as	ADV
ftr-297	670	34	impressive	impressive	ADJ
ftr-297	670	35	.	.	PUNCT
ftr-297	671	1	2014	2014	NUM
ftr-297	671	2	]	]	PUNCT
ftr-297	671	3	135	135	NUM
ftr-297	671	4	florida	florida	PROPN
ftr-297	671	5	tax	tax	NOUN
ftr-297	671	6	review	review	NOUN
ftr-297	671	7	assets	asset	NOUN
ftr-297	671	8	:	:	PUNCT
ftr-297	671	9	cash	cash	NOUN
ftr-297	671	10	capital	capital	NOUN
ftr-297	671	11	asset	asset	NOUN
ftr-297	671	12	x	x	PUNCT
ftr-297	671	13	capital	capital	NOUN
ftr-297	671	14	asset	asset	NOUN
ftr-297	671	15	y	y	PROPN
ftr-297	671	16	total	total	ADJ
ftr-297	671	17	adjusted	adjust	VERB
ftr-297	671	18	fair	fair	ADJ
ftr-297	671	19	basis	basis	NOUN
ftr-297	671	20	market	market	NOUN
ftr-297	671	21	value	value	NOUN
ftr-297	671	22	$	$	SYM
ftr-297	671	23	45,000	45,000	NUM
ftr-297	671	24	$	$	SYM
ftr-297	671	25	45,000	45,000	NUM
ftr-297	671	26	15,000	15,000	NUM
ftr-297	671	27	40,000	40,000	NUM
ftr-297	671	28	12,000	12,000	NUM
ftr-297	671	29	35,000	35,000	NUM
ftr-297	671	30	$	$	SYM
ftr-297	671	31	72,000	72,000	NUM
ftr-297	671	32	$	$	SYM
ftr-297	671	33	120,000	120,000	NUM
ftr-297	671	34	capital	capital	NOUN
ftr-297	671	35	:	:	PUNCT
ftr-297	671	36	adjusted	adjust	VERB
ftr-297	671	37	fair	fair	ADJ
ftr-297	671	38	basis	basis	NOUN
ftr-297	671	39	market	market	NOUN
ftr-297	671	40	value	value	NOUN
ftr-297	671	41	b	b	NOUN
ftr-297	671	42	$	$	SYM
ftr-297	671	43	24,000	24,000	NUM
ftr-297	671	44	$	$	SYM
ftr-297	671	45	40,000	40,000	NUM
ftr-297	671	46	c	c	NOUN
ftr-297	671	47	24,000	24,000	NUM
ftr-297	671	48	40,000	40,000	NUM
ftr-297	671	49	d	d	PUNCT
ftr-297	671	50	_	_	PUNCT
ftr-297	671	51	24,00	24,00	NUM
ftr-297	671	52	40,000	40,000	NUM
ftr-297	671	53	total	total	NOUN
ftr-297	671	54	$	$	SYM
ftr-297	671	55	72,000	72,000	NUM
ftr-297	671	56	$	$	SYM
ftr-297	671	57	120,000	120,000	NUM
ftr-297	671	58	b	b	NOUN
ftr-297	671	59	sells	sell	VERB
ftr-297	671	60	her	her	PRON
ftr-297	671	61	partnership	partnership	NOUN
ftr-297	671	62	interest	interest	NOUN
ftr-297	671	63	to	to	PART
ftr-297	671	64	e	e	VERB
ftr-297	671	65	for	for	ADP
ftr-297	671	66	$	$	SYM
ftr-297	671	67	40,000	40,000	NUM
ftr-297	671	68	.	.	PUNCT
ftr-297	672	1	the	the	DET
ftr-297	672	2	election	election	NOUN
ftr-297	672	3	is	be	AUX
ftr-297	672	4	not	not	PART
ftr-297	672	5	in	in	ADP
ftr-297	672	6	effect	effect	NOUN
ftr-297	672	7	so	so	SCONJ
ftr-297	672	8	there	there	PRON
ftr-297	672	9	is	be	VERB
ftr-297	672	10	no	no	DET
ftr-297	672	11	section	section	NOUN
ftr-297	672	12	743(b	743(b	NUM
ftr-297	672	13	)	)	PUNCT
ftr-297	672	14	adjustment	adjustment	NOUN
ftr-297	672	15	to	to	ADP
ftr-297	672	16	the	the	DET
ftr-297	672	17	basis	basis	NOUN
ftr-297	672	18	of	of	ADP
ftr-297	672	19	partnership	partnership	NOUN
ftr-297	672	20	property	property	NOUN
ftr-297	672	21	.	.	PUNCT
ftr-297	673	1	thus	thus	ADV
ftr-297	673	2	,	,	PUNCT
ftr-297	673	3	an	an	DET
ftr-297	673	4	imbalance	imbalance	NOUN
ftr-297	673	5	is	be	AUX
ftr-297	673	6	created	create	VERB
ftr-297	673	7	between	between	ADP
ftr-297	673	8	the	the	DET
ftr-297	673	9	inside	inside	ADJ
ftr-297	673	10	basis	basis	NOUN
ftr-297	673	11	of	of	ADP
ftr-297	673	12	the	the	DET
ftr-297	673	13	partnership	partnership	NOUN
ftr-297	673	14	property	property	NOUN
ftr-297	673	15	and	and	CCONJ
ftr-297	673	16	the	the	DET
ftr-297	673	17	outside	outside	ADJ
ftr-297	673	18	basis	basis	NOUN
ftr-297	673	19	of	of	ADP
ftr-297	673	20	the	the	DET
ftr-297	673	21	partnership	partnership	NOUN
ftr-297	673	22	interests	interest	NOUN
ftr-297	673	23	.	.	PUNCT
ftr-297	674	1	the	the	DET
ftr-297	674	2	total	total	ADJ
ftr-297	674	3	inside	inside	ADJ
ftr-297	674	4	basis	basis	NOUN
ftr-297	674	5	of	of	ADP
ftr-297	674	6	partnership	partnership	NOUN
ftr-297	674	7	property	property	NOUN
ftr-297	674	8	remains	remain	VERB
ftr-297	674	9	at	at	ADP
ftr-297	674	10	$	$	SYM
ftr-297	674	11	72,000	72,000	NUM
ftr-297	674	12	.	.	PUNCT
ftr-297	675	1	however	however	ADV
ftr-297	675	2	,	,	PUNCT
ftr-297	675	3	by	by	ADP
ftr-297	675	4	virtue	virtue	NOUN
ftr-297	675	5	of	of	ADP
ftr-297	675	6	the	the	DET
ftr-297	675	7	sale	sale	NOUN
ftr-297	675	8	,	,	PUNCT
ftr-297	675	9	the	the	DET
ftr-297	675	10	total	total	NOUN
ftr-297	675	11	of	of	ADP
ftr-297	675	12	the	the	DET
ftr-297	675	13	outside	outside	ADJ
ftr-297	675	14	basis	basis	NOUN
ftr-297	675	15	of	of	ADP
ftr-297	675	16	the	the	DET
ftr-297	675	17	partnership	partnership	NOUN
ftr-297	675	18	interests	interest	NOUN
ftr-297	675	19	is	be	AUX
ftr-297	675	20	increased	increase	VERB
ftr-297	675	21	to	to	ADP
ftr-297	675	22	$	$	SYM
ftr-297	675	23	88,000	88,000	NUM
ftr-297	675	24	(	(	PUNCT
ftr-297	675	25	$	$	SYM
ftr-297	675	26	24,000	24,000	NUM
ftr-297	675	27	for	for	ADP
ftr-297	675	28	c	c	NOUN
ftr-297	675	29	,	,	PUNCT
ftr-297	675	30	$	$	SYM
ftr-297	675	31	24,000	24,000	NUM
ftr-297	675	32	for	for	ADP
ftr-297	675	33	d	d	PROPN
ftr-297	675	34	,	,	PUNCT
ftr-297	675	35	and	and	CCONJ
ftr-297	675	36	$	$	SYM
ftr-297	675	37	40,000	40,000	NUM
ftr-297	675	38	for	for	ADP
ftr-297	675	39	e	e	NOUN
ftr-297	675	40	)	)	PUNCT
ftr-297	675	41	.	.	PUNCT
ftr-297	676	1	the	the	DET
ftr-297	676	2	tax	tax	NOUN
ftr-297	676	3	balance	balance	NOUN
ftr-297	676	4	sheet	sheet	NOUN
ftr-297	676	5	would	would	AUX
ftr-297	676	6	appear	appear	VERB
ftr-297	676	7	as	as	SCONJ
ftr-297	676	8	follows	follow	VERB
ftr-297	676	9	:	:	PUNCT
ftr-297	676	10	assets	asset	NOUN
ftr-297	676	11	:	:	PUNCT
ftr-297	676	12	cash	cash	NOUN
ftr-297	676	13	capital	capital	NOUN
ftr-297	676	14	asset	asset	NOUN
ftr-297	676	15	x	x	PUNCT
ftr-297	676	16	capital	capital	NOUN
ftr-297	676	17	asset	asset	NOUN
ftr-297	676	18	y	y	PROPN
ftr-297	676	19	total	total	ADJ
ftr-297	676	20	adjusted	adjust	VERB
ftr-297	676	21	fair	fair	ADJ
ftr-297	676	22	basis	basis	NOUN
ftr-297	676	23	market	market	NOUN
ftr-297	676	24	value	value	NOUN
ftr-297	676	25	$	$	SYM
ftr-297	676	26	45,000	45,000	NUM
ftr-297	676	27	$	$	SYM
ftr-297	676	28	45,000	45,000	NUM
ftr-297	676	29	15,000	15,000	NUM
ftr-297	676	30	40,000	40,000	NUM
ftr-297	676	31	12000	12000	NUM
ftr-297	676	32	35,000	35,000	NUM
ftr-297	676	33	$	$	SYM
ftr-297	676	34	72.000	72.000	NUM
ftr-297	676	35	$	$	SYM
ftr-297	676	36	120.000	120.000	NUM
ftr-297	676	37	capital	capital	NOUN
ftr-297	676	38	:	:	PUNCT
ftr-297	676	39	adjusted	adjust	VERB
ftr-297	676	40	fair	fair	ADJ
ftr-297	676	41	basis	basis	NOUN
ftr-297	676	42	market	market	NOUN
ftr-297	676	43	value	value	NOUN
ftr-297	676	44	b	b	NOUN
ftr-297	676	45	$	$	SYM
ftr-297	676	46	24,000	24,000	NUM
ftr-297	676	47	$	$	SYM
ftr-297	676	48	40,000	40,000	NUM
ftr-297	676	49	c	c	NOUN
ftr-297	676	50	24,000	24,000	NUM
ftr-297	676	51	40,000	40,000	NUM
ftr-297	676	52	e	e	NOUN
ftr-297	676	53	a	a	DET
ftr-297	676	54	40,000	40,000	NUM
ftr-297	676	55	total	total	ADJ
ftr-297	676	56	$	$	SYM
ftr-297	676	57	88.000	88.000	NUM
ftr-297	676	58	$	$	SYM
ftr-297	676	59	120.000	120.000	NUM
ftr-297	676	60	the	the	DET
ftr-297	676	61	intended	intend	VERB
ftr-297	676	62	result	result	NOUN
ftr-297	676	63	of	of	ADP
ftr-297	676	64	section	section	NOUN
ftr-297	676	65	734(b	734(b	PROPN
ftr-297	676	66	)	)	PUNCT
ftr-297	676	67	is	be	AUX
ftr-297	676	68	reached	reach	VERB
ftr-297	676	69	,	,	PUNCT
ftr-297	676	70	if	if	SCONJ
ftr-297	676	71	at	at	ADV
ftr-297	676	72	all	all	ADV
ftr-297	676	73	,	,	PUNCT
ftr-297	676	74	only	only	ADV
ftr-297	676	75	in	in	ADP
ftr-297	676	76	situations	situation	NOUN
ftr-297	676	77	where	where	SCONJ
ftr-297	676	78	the	the	DET
ftr-297	676	79	inside	inside	ADJ
ftr-297	676	80	basis	basis	NOUN
ftr-297	676	81	and	and	CCONJ
ftr-297	676	82	the	the	DET
ftr-297	676	83	outside	outside	ADJ
ftr-297	676	84	basis	basis	NOUN
ftr-297	676	85	are	be	AUX
ftr-297	676	86	the	the	DET
ftr-297	676	87	same	same	ADJ
ftr-297	676	88	when	when	SCONJ
ftr-297	676	89	the	the	DET
ftr-297	676	90	partner	partner	NOUN
ftr-297	676	91	's	's	PART
ftr-297	676	92	withdrawal	withdrawal	NOUN
ftr-297	676	93	occurs	occur	VERB
ftr-297	676	94	.	.	PUNCT
ftr-297	677	1	for	for	ADP
ftr-297	677	2	example	example	NOUN
ftr-297	677	3	,	,	PUNCT
ftr-297	677	4	in	in	ADP
ftr-297	677	5	the	the	DET
ftr-297	677	6	above	above	ADJ
ftr-297	677	7	example	example	NOUN
ftr-297	677	8	,	,	PUNCT
ftr-297	677	9	when	when	SCONJ
ftr-297	677	10	e	e	PRON
ftr-297	677	11	acquired	acquire	VERB
ftr-297	677	12	his	his	PRON
ftr-297	677	13	interest	interest	NOUN
ftr-297	677	14	,	,	PUNCT
ftr-297	677	15	if	if	SCONJ
ftr-297	677	16	a	a	DET
ftr-297	677	17	$	$	SYM
ftr-297	677	18	16,000	16,000	NUM
ftr-297	677	19	adjustment	adjustment	NOUN
ftr-297	677	20	had	have	AUX
ftr-297	677	21	been	be	AUX
ftr-297	677	22	made	make	VERB
ftr-297	677	23	to	to	PART
ftr-297	677	24	capital	capital	NOUN
ftr-297	677	25	asset	asset	NOUN
ftr-297	677	26	x	x	NOUN
ftr-297	677	27	and	and	CCONJ
ftr-297	677	28	capital	capital	NOUN
ftr-297	677	29	asset	asset	NOUN
ftr-297	677	30	y	y	PROPN
ftr-297	677	31	(	(	PUNCT
ftr-297	677	32	for	for	ADP
ftr-297	677	33	e	e	NOUN
ftr-297	677	34	's	's	PART
ftr-297	677	35	benefit	benefit	NOUN
ftr-297	677	36	)	)	PUNCT
ftr-297	677	37	,	,	PUNCT
ftr-297	677	38	section	section	NOUN
ftr-297	677	39	734(b	734(b	PROPN
ftr-297	677	40	)	)	PUNCT
ftr-297	677	41	would	would	AUX
ftr-297	677	42	work	work	VERB
ftr-297	677	43	properly.88	properly.88	NOUN
ftr-297	677	44	however	however	ADV
ftr-297	677	45	,	,	PUNCT
ftr-297	677	46	section	section	NOUN
ftr-297	677	47	734(b	734(b	PROPN
ftr-297	677	48	)	)	PUNCT
ftr-297	677	49	can	can	AUX
ftr-297	677	50	not	not	PART
ftr-297	677	51	remedy	remedy	VERB
ftr-297	677	52	the	the	DET
ftr-297	677	53	matter	matter	NOUN
ftr-297	677	54	when	when	SCONJ
ftr-297	677	55	there	there	PRON
ftr-297	677	56	is	be	VERB
ftr-297	677	57	a	a	DET
ftr-297	677	58	disparity	disparity	NOUN
ftr-297	677	59	between	between	ADP
ftr-297	677	60	the	the	DET
ftr-297	677	61	inside	inside	ADJ
ftr-297	677	62	basis	basis	NOUN
ftr-297	677	63	and	and	CCONJ
ftr-297	677	64	the	the	DET
ftr-297	677	65	outside	outside	ADJ
ftr-297	677	66	basis	basis	NOUN
ftr-297	677	67	due	due	ADP
ftr-297	677	68	to	to	ADP
ftr-297	677	69	a	a	DET
ftr-297	677	70	failure	failure	NOUN
ftr-297	677	71	to	to	PART
ftr-297	677	72	elect	elect	VERB
ftr-297	677	73	.	.	PUNCT
ftr-297	678	1	if	if	SCONJ
ftr-297	678	2	e	e	PROPN
ftr-297	678	3	's	's	PART
ftr-297	678	4	interest	interest	NOUN
ftr-297	678	5	is	be	AUX
ftr-297	678	6	liquidated	liquidate	VERB
ftr-297	678	7	for	for	ADP
ftr-297	678	8	$	$	SYM
ftr-297	678	9	40,000	40,000	NUM
ftr-297	678	10	of	of	ADP
ftr-297	678	11	cash	cash	NOUN
ftr-297	678	12	and	and	CCONJ
ftr-297	678	13	a	a	DET
ftr-297	678	14	section	section	NOUN
ftr-297	678	15	754	754	NUM
ftr-297	678	16	88	88	NUM
ftr-297	678	17	.	.	PUNCT
ftr-297	679	1	even	even	ADV
ftr-297	679	2	if	if	SCONJ
ftr-297	679	3	on	on	ADP
ftr-297	679	4	the	the	DET
ftr-297	679	5	liquidation	liquidation	NOUN
ftr-297	679	6	of	of	ADP
ftr-297	679	7	e	e	PROPN
ftr-297	679	8	's	's	PART
ftr-297	679	9	interest	interest	NOUN
ftr-297	679	10	none	none	NOUN
ftr-297	679	11	of	of	ADP
ftr-297	679	12	the	the	DET
ftr-297	679	13	four	four	NUM
ftr-297	679	14	events	event	NOUN
ftr-297	679	15	required	require	VERB
ftr-297	679	16	for	for	ADP
ftr-297	679	17	a	a	DET
ftr-297	679	18	section	section	NOUN
ftr-297	679	19	734(b	734(b	NOUN
ftr-297	679	20	)	)	PUNCT
ftr-297	679	21	adjustment	adjustment	NOUN
ftr-297	679	22	occurred	occur	VERB
ftr-297	679	23	,	,	PUNCT
ftr-297	679	24	e.g.	e.g.	ADV
ftr-297	679	25	,	,	PUNCT
ftr-297	679	26	because	because	SCONJ
ftr-297	679	27	only	only	ADJ
ftr-297	679	28	cash	cash	NOUN
ftr-297	679	29	was	be	AUX
ftr-297	679	30	received	receive	VERB
ftr-297	679	31	by	by	ADP
ftr-297	679	32	e	e	NOUN
ftr-297	679	33	and	and	CCONJ
ftr-297	679	34	no	no	DET
ftr-297	679	35	gain	gain	NOUN
ftr-297	679	36	or	or	CCONJ
ftr-297	679	37	loss	loss	NOUN
ftr-297	679	38	was	be	AUX
ftr-297	679	39	recognized	recognize	VERB
ftr-297	679	40	by	by	ADP
ftr-297	679	41	him	he	PRON
ftr-297	679	42	,	,	PUNCT
ftr-297	679	43	order	order	NOUN
ftr-297	679	44	is	be	AUX
ftr-297	679	45	restored	restore	VERB
ftr-297	679	46	to	to	ADP
ftr-297	679	47	the	the	DET
ftr-297	679	48	partnership	partnership	NOUN
ftr-297	679	49	under	under	ADP
ftr-297	679	50	regulation	regulation	NOUN
ftr-297	679	51	section	section	NOUN
ftr-297	679	52	1.734	1.734	NUM
ftr-297	679	53	-	-	PUNCT
ftr-297	679	54	2(b)(1	2(b)(1	NUM
ftr-297	679	55	)	)	PUNCT
ftr-297	679	56	.	.	PUNCT
ftr-297	680	1	the	the	DET
ftr-297	680	2	regulation	regulation	NOUN
ftr-297	680	3	provides	provide	VERB
ftr-297	680	4	that	that	SCONJ
ftr-297	680	5	if	if	SCONJ
ftr-297	680	6	a	a	DET
ftr-297	680	7	transferee	transferee	PROPN
ftr-297	680	8	partner	partner	NOUN
ftr-297	680	9	(	(	PUNCT
ftr-297	680	10	e	e	NOUN
ftr-297	680	11	)	)	PUNCT
ftr-297	680	12	in	in	ADP
ftr-297	680	13	a	a	DET
ftr-297	680	14	complete	complete	ADJ
ftr-297	680	15	liquidation	liquidation	NOUN
ftr-297	680	16	of	of	ADP
ftr-297	680	17	his	his	PRON
ftr-297	680	18	interest	interest	NOUN
ftr-297	680	19	receives	receive	VERB
ftr-297	680	20	property	property	NOUN
ftr-297	680	21	(	(	PUNCT
ftr-297	680	22	cash	cash	NOUN
ftr-297	680	23	in	in	ADP
ftr-297	680	24	the	the	DET
ftr-297	680	25	example	example	NOUN
ftr-297	680	26	)	)	PUNCT
ftr-297	680	27	to	to	PART
ftr-297	680	28	which	which	PRON
ftr-297	680	29	no	no	DET
ftr-297	680	30	basis	basis	NOUN
ftr-297	680	31	adjustment	adjustment	NOUN
ftr-297	680	32	previously	previously	ADV
ftr-297	680	33	has	have	AUX
ftr-297	680	34	been	be	AUX
ftr-297	680	35	made	make	VERB
ftr-297	680	36	,	,	PUNCT
ftr-297	680	37	his	his	PRON
ftr-297	680	38	"	"	PUNCT
ftr-297	680	39	unused	unused	ADJ
ftr-297	680	40	special	special	ADJ
ftr-297	680	41	basis	basis	NOUN
ftr-297	680	42	adjustment	adjustment	NOUN
ftr-297	680	43	"	"	PUNCT
ftr-297	680	44	attributable	attributable	ADJ
ftr-297	680	45	to	to	ADP
ftr-297	680	46	his	his	PRON
ftr-297	680	47	interest	interest	NOUN
ftr-297	680	48	in	in	ADP
ftr-297	680	49	other	other	ADJ
ftr-297	680	50	property	property	NOUN
ftr-297	680	51	which	which	PRON
ftr-297	680	52	he	he	PRON
ftr-297	680	53	has	have	AUX
ftr-297	680	54	relinquished	relinquish	VERB
ftr-297	680	55	(	(	PUNCT
ftr-297	680	56	$	$	SYM
ftr-297	680	57	16,000	16,000	NUM
ftr-297	680	58	)	)	PUNCT
ftr-297	680	59	is	be	AUX
ftr-297	680	60	applied	apply	VERB
ftr-297	680	61	to	to	ADP
ftr-297	680	62	the	the	DET
ftr-297	680	63	retained	retain	VERB
ftr-297	680	64	partnership	partnership	NOUN
ftr-297	680	65	property	property	NOUN
ftr-297	680	66	.	.	PUNCT
ftr-297	681	1	after	after	ADP
ftr-297	681	2	the	the	DET
ftr-297	681	3	adjustment	adjustment	NOUN
ftr-297	681	4	,	,	PUNCT
ftr-297	681	5	inside	inside	ADP
ftr-297	681	6	basis	basis	NOUN
ftr-297	681	7	of	of	ADP
ftr-297	681	8	$	$	SYM
ftr-297	681	9	48,000	48,000	NUM
ftr-297	681	10	(	(	PUNCT
ftr-297	681	11	$	$	SYM
ftr-297	681	12	72,000	72,000	NUM
ftr-297	681	13	minus	minus	CCONJ
ftr-297	681	14	$	$	SYM
ftr-297	681	15	40,000	40,000	NUM
ftr-297	681	16	distributed	distribute	VERB
ftr-297	681	17	plus	plus	CCONJ
ftr-297	681	18	$	$	SYM
ftr-297	681	19	16,000	16,000	NUM
ftr-297	681	20	)	)	PUNCT
ftr-297	681	21	would	would	AUX
ftr-297	681	22	equal	equal	VERB
ftr-297	681	23	the	the	DET
ftr-297	681	24	outside	outside	ADJ
ftr-297	681	25	basis	basis	NOUN
ftr-297	681	26	of	of	ADP
ftr-297	681	27	the	the	DET
ftr-297	681	28	total	total	ADJ
ftr-297	681	29	basis	basis	NOUN
ftr-297	681	30	of	of	ADP
ftr-297	681	31	the	the	DET
ftr-297	681	32	interests	interest	NOUN
ftr-297	681	33	of	of	ADP
ftr-297	681	34	c	c	PROPN
ftr-297	681	35	and	and	CCONJ
ftr-297	681	36	d	d	X
ftr-297	681	37	(	(	PUNCT
ftr-297	681	38	$	$	SYM
ftr-297	681	39	24,000	24,000	NUM
ftr-297	681	40	each	each	PRON
ftr-297	681	41	)	)	PUNCT
ftr-297	681	42	.	.	PUNCT
ftr-297	682	1	136	136	NUM
ftr-297	683	1	[	[	X
ftr-297	683	2	vol	vol	NOUN
ftr-297	683	3	.	.	PUNCT
ftr-297	684	1	15:3	15:3	NUM
ftr-297	684	2	optional	optional	ADJ
ftr-297	684	3	basis	basis	NOUN
ftr-297	684	4	adjustments	adjustment	NOUN
ftr-297	684	5	under	under	ADP
ftr-297	684	6	subchapter	subchapter	NOUN
ftr-297	684	7	k	k	PROPN
ftr-297	684	8	election	election	NOUN
ftr-297	684	9	is	be	AUX
ftr-297	684	10	made	make	VERB
ftr-297	684	11	by	by	ADP
ftr-297	684	12	the	the	DET
ftr-297	684	13	partnership	partnership	NOUN
ftr-297	684	14	,	,	PUNCT
ftr-297	684	15	section	section	NOUN
ftr-297	684	16	734(b	734(b	PROPN
ftr-297	684	17	)	)	PUNCT
ftr-297	684	18	will	will	AUX
ftr-297	684	19	not	not	PART
ftr-297	684	20	work	work	VERB
ftr-297	684	21	properly	properly	ADV
ftr-297	684	22	.	.	PUNCT
ftr-297	685	1	there	there	PRON
ftr-297	685	2	will	will	AUX
ftr-297	685	3	be	be	AUX
ftr-297	685	4	no	no	DET
ftr-297	685	5	recognized	recognize	VERB
ftr-297	685	6	gain	gain	NOUN
ftr-297	685	7	or	or	CCONJ
ftr-297	685	8	loss	loss	NOUN
ftr-297	685	9	on	on	ADP
ftr-297	685	10	the	the	DET
ftr-297	685	11	distribution	distribution	NOUN
ftr-297	685	12	,	,	PUNCT
ftr-297	685	13	which	which	PRON
ftr-297	685	14	is	be	AUX
ftr-297	685	15	one	one	NUM
ftr-297	685	16	of	of	ADP
ftr-297	685	17	the	the	DET
ftr-297	685	18	prerequisites	prerequisite	NOUN
ftr-297	685	19	to	to	ADP
ftr-297	685	20	its	its	PRON
ftr-297	685	21	application	application	NOUN
ftr-297	685	22	.	.	PUNCT
ftr-297	686	1	after	after	ADP
ftr-297	686	2	the	the	DET
ftr-297	686	3	distribution	distribution	NOUN
ftr-297	686	4	to	to	ADP
ftr-297	686	5	e	e	NOUN
ftr-297	686	6	,	,	PUNCT
ftr-297	686	7	the	the	DET
ftr-297	686	8	tax	tax	NOUN
ftr-297	686	9	balance	balance	NOUN
ftr-297	686	10	sheet	sheet	NOUN
ftr-297	686	11	of	of	ADP
ftr-297	686	12	partnership	partnership	NOUN
ftr-297	686	13	cd	cd	PROPN
ftr-297	686	14	would	would	AUX
ftr-297	686	15	be	be	AUX
ftr-297	686	16	unbalanced	unbalanced	ADJ
ftr-297	686	17	and	and	CCONJ
ftr-297	686	18	would	would	AUX
ftr-297	686	19	reflect	reflect	VERB
ftr-297	686	20	this	this	DET
ftr-297	686	21	disparity	disparity	NOUN
ftr-297	686	22	:	:	PUNCT
ftr-297	686	23	assets	asset	NOUN
ftr-297	686	24	:	:	PUNCT
ftr-297	686	25	adjusted	adjusted	ADJ
ftr-297	686	26	capital	capital	NOUN
ftr-297	686	27	:	:	PUNCT
ftr-297	686	28	adjusted	adjust	VERB
ftr-297	686	29	basis	basis	NOUN
ftr-297	686	30	basis	basis	NOUN
ftr-297	686	31	cash	cash	NOUN
ftr-297	686	32	$	$	SYM
ftr-297	686	33	5,000	5,000	NUM
ftr-297	686	34	c	c	NOUN
ftr-297	686	35	$	$	SYM
ftr-297	686	36	24,000	24,000	NUM
ftr-297	686	37	capital	capital	NOUN
ftr-297	686	38	asset	asset	NOUN
ftr-297	686	39	x	x	PUNCT
ftr-297	686	40	15,000	15,000	NUM
ftr-297	686	41	d	d	SYM
ftr-297	686	42	24,0	24,0	NUM
ftr-297	686	43	capital	capital	NOUN
ftr-297	686	44	asset	asset	NOUN
ftr-297	686	45	y	y	PROPN
ftr-297	686	46	1	1	NUM
ftr-297	686	47	total	total	NOUN
ftr-297	686	48	$	$	SYM
ftr-297	686	49	32,000	32,000	NUM
ftr-297	686	50	total	total	NOUN
ftr-297	686	51	$	$	SYM
ftr-297	686	52	48,000	48,000	NUM
ftr-297	686	53	if	if	SCONJ
ftr-297	686	54	the	the	DET
ftr-297	686	55	provision	provision	NOUN
ftr-297	686	56	functioned	function	VERB
ftr-297	686	57	perfectly	perfectly	ADV
ftr-297	686	58	,	,	PUNCT
ftr-297	686	59	the	the	DET
ftr-297	686	60	basis	basis	NOUN
ftr-297	686	61	of	of	ADP
ftr-297	686	62	the	the	DET
ftr-297	686	63	remaining	remain	VERB
ftr-297	686	64	partnership	partnership	NOUN
ftr-297	686	65	property	property	NOUN
ftr-297	686	66	would	would	AUX
ftr-297	686	67	be	be	AUX
ftr-297	686	68	adjusted	adjust	VERB
ftr-297	686	69	upward	upward	ADV
ftr-297	686	70	so	so	SCONJ
ftr-297	686	71	that	that	SCONJ
ftr-297	686	72	the	the	DET
ftr-297	686	73	partnership	partnership	NOUN
ftr-297	686	74	's	's	PART
ftr-297	686	75	basis	basis	NOUN
ftr-297	686	76	of	of	ADP
ftr-297	686	77	its	its	PRON
ftr-297	686	78	assets	asset	NOUN
ftr-297	686	79	equaled	equal	VERB
ftr-297	686	80	$	$	SYM
ftr-297	686	81	48,000	48,000	NUM
ftr-297	686	82	,	,	PUNCT
ftr-297	686	83	the	the	DET
ftr-297	686	84	adjusted	adjusted	ADJ
ftr-297	686	85	basis	basis	NOUN
ftr-297	686	86	of	of	ADP
ftr-297	686	87	the	the	DET
ftr-297	686	88	interests	interest	NOUN
ftr-297	686	89	of	of	ADP
ftr-297	686	90	c	c	PROPN
ftr-297	686	91	and	and	CCONJ
ftr-297	686	92	d	d	PROPN
ftr-297	686	93	in	in	ADP
ftr-297	686	94	the	the	DET
ftr-297	686	95	partnership	partnership	NOUN
ftr-297	686	96	.	.	PUNCT
ftr-297	687	1	other	other	ADJ
ftr-297	687	2	difficulties	difficulty	NOUN
ftr-297	687	3	arise	arise	VERB
ftr-297	687	4	in	in	ADP
ftr-297	687	5	the	the	DET
ftr-297	687	6	section	section	NOUN
ftr-297	687	7	734(b	734(b	PROPN
ftr-297	687	8	)	)	PUNCT
ftr-297	687	9	context	context	NOUN
ftr-297	687	10	which	which	PRON
ftr-297	687	11	preclude	preclude	VERB
ftr-297	687	12	it	it	PRON
ftr-297	687	13	from	from	ADP
ftr-297	687	14	functioning	function	VERB
ftr-297	687	15	as	as	ADV
ftr-297	687	16	well	well	ADV
ftr-297	687	17	as	as	ADP
ftr-297	687	18	the	the	DET
ftr-297	687	19	section	section	NOUN
ftr-297	687	20	743(b	743(b	NOUN
ftr-297	687	21	)	)	PUNCT
ftr-297	687	22	adjustment	adjustment	NOUN
ftr-297	687	23	.	.	PUNCT
ftr-297	688	1	the	the	DET
ftr-297	688	2	regulations	regulation	NOUN
ftr-297	688	3	require	require	VERB
ftr-297	688	4	that	that	SCONJ
ftr-297	688	5	when	when	SCONJ
ftr-297	688	6	a	a	DET
ftr-297	688	7	distribution	distribution	NOUN
ftr-297	688	8	of	of	ADP
ftr-297	688	9	property	property	NOUN
ftr-297	688	10	results	result	NOUN
ftr-297	688	11	in	in	ADP
ftr-297	688	12	an	an	DET
ftr-297	688	13	adjustment	adjustment	NOUN
ftr-297	688	14	to	to	ADP
ftr-297	688	15	the	the	DET
ftr-297	688	16	basis	basis	NOUN
ftr-297	688	17	of	of	ADP
ftr-297	688	18	undistributed	undistributed	ADJ
ftr-297	688	19	property	property	NOUN
ftr-297	688	20	,	,	PUNCT
ftr-297	688	21	the	the	DET
ftr-297	688	22	adjustment	adjustment	NOUN
ftr-297	688	23	is	be	AUX
ftr-297	688	24	allocated	allocate	VERB
ftr-297	688	25	to	to	ADP
ftr-297	688	26	remaining	remain	VERB
ftr-297	688	27	property	property	NOUN
ftr-297	688	28	of	of	ADP
ftr-297	688	29	a	a	DET
ftr-297	688	30	similar	similar	ADJ
ftr-297	688	31	character	character	NOUN
ftr-297	688	32	.	.	PUNCT
ftr-297	689	1	thus	thus	ADV
ftr-297	689	2	,	,	PUNCT
ftr-297	689	3	adjustments	adjustment	NOUN
ftr-297	689	4	attributable	attributable	ADJ
ftr-297	689	5	to	to	ADP
ftr-297	689	6	cash	cash	NOUN
ftr-297	689	7	and	and	CCONJ
ftr-297	689	8	capital	capital	NOUN
ftr-297	689	9	assets	asset	NOUN
ftr-297	689	10	(	(	PUNCT
ftr-297	689	11	including	include	VERB
ftr-297	689	12	section	section	NOUN
ftr-297	689	13	1231	1231	NUM
ftr-297	689	14	property	property	NOUN
ftr-297	689	15	,	,	PUNCT
ftr-297	689	16	but	but	CCONJ
ftr-297	689	17	not	not	PART
ftr-297	689	18	section	section	NOUN
ftr-297	689	19	1245	1245	NUM
ftr-297	689	20	recapture	recapture	NOUN
ftr-297	689	21	)	)	PUNCT
ftr-297	689	22	must	must	AUX
ftr-297	689	23	be	be	AUX
ftr-297	689	24	allocated	allocate	VERB
ftr-297	689	25	to	to	ADP
ftr-297	689	26	capital	capital	NOUN
ftr-297	689	27	assets	asset	NOUN
ftr-297	689	28	.	.	PUNCT
ftr-297	690	1	adjustments	adjustment	NOUN
ftr-297	690	2	attributable	attributable	ADJ
ftr-297	690	3	to	to	ADP
ftr-297	690	4	other	other	ADJ
ftr-297	690	5	property	property	NOUN
ftr-297	690	6	must	must	AUX
ftr-297	690	7	be	be	AUX
ftr-297	690	8	allocated	allocate	VERB
ftr-297	690	9	to	to	ADP
ftr-297	690	10	other	other	ADJ
ftr-297	690	11	property	property	NOUN
ftr-297	690	12	.	.	PUNCT
ftr-297	691	1	the	the	DET
ftr-297	691	2	difficulty	difficulty	NOUN
ftr-297	691	3	is	be	AUX
ftr-297	691	4	that	that	SCONJ
ftr-297	691	5	the	the	DET
ftr-297	691	6	allocation	allocation	NOUN
ftr-297	691	7	is	be	AUX
ftr-297	691	8	based	base	VERB
ftr-297	691	9	on	on	ADP
ftr-297	691	10	the	the	DET
ftr-297	691	11	character	character	NOUN
ftr-297	691	12	of	of	ADP
ftr-297	691	13	the	the	DET
ftr-297	691	14	distributed	distribute	VERB
ftr-297	691	15	asset	asset	NOUN
ftr-297	691	16	instead	instead	ADV
ftr-297	691	17	of	of	ADP
ftr-297	691	18	the	the	DET
ftr-297	691	19	character	character	NOUN
ftr-297	691	20	of	of	ADP
ftr-297	691	21	the	the	DET
ftr-297	691	22	asset	asset	NOUN
ftr-297	691	23	responsible	responsible	ADJ
ftr-297	691	24	for	for	ADP
ftr-297	691	25	the	the	DET
ftr-297	691	26	appreciation	appreciation	NOUN
ftr-297	691	27	or	or	CCONJ
ftr-297	691	28	depreciation	depreciation	NOUN
ftr-297	691	29	of	of	ADP
ftr-297	691	30	the	the	DET
ftr-297	691	31	partnership	partnership	NOUN
ftr-297	691	32	assets	asset	NOUN
ftr-297	691	33	.	.	PUNCT
ftr-297	692	1	for	for	ADP
ftr-297	692	2	example	example	NOUN
ftr-297	692	3	,	,	PUNCT
ftr-297	692	4	assume	assume	VERB
ftr-297	692	5	that	that	SCONJ
ftr-297	692	6	equal	equal	ADJ
ftr-297	692	7	partnership	partnership	NOUN
ftr-297	692	8	abc	abc	PROPN
ftr-297	692	9	,	,	PUNCT
ftr-297	692	10	with	with	ADP
ftr-297	692	11	the	the	DET
ftr-297	692	12	following	follow	VERB
ftr-297	692	13	tax	tax	NOUN
ftr-297	692	14	balance	balance	NOUN
ftr-297	692	15	sheet	sheet	NOUN
ftr-297	692	16	,	,	PUNCT
ftr-297	692	17	distributes	distribute	VERB
ftr-297	692	18	$	$	SYM
ftr-297	692	19	60,000	60,000	NUM
ftr-297	692	20	to	to	ADP
ftr-297	692	21	a	a	PRON
ftr-297	692	22	in	in	ADP
ftr-297	692	23	a	a	DET
ftr-297	692	24	liquidating	liquidate	VERB
ftr-297	692	25	distribution	distribution	NOUN
ftr-297	692	26	.	.	PUNCT
ftr-297	693	1	assets	asset	NOUN
ftr-297	693	2	:	:	PUNCT
ftr-297	693	3	adjusted	adjust	VERB
ftr-297	693	4	fair	fair	ADJ
ftr-297	693	5	capital	capital	NOUN
ftr-297	693	6	:	:	PUNCT
ftr-297	693	7	adjusted	adjust	VERB
ftr-297	693	8	fair	fair	ADJ
ftr-297	693	9	basis	basis	NOUN
ftr-297	693	10	market	market	NOUN
ftr-297	693	11	basis	basis	NOUN
ftr-297	693	12	market	market	NOUN
ftr-297	693	13	value	value	NOUN
ftr-297	693	14	value	value	NOUN
ftr-297	693	15	cash	cash	NOUN
ftr-297	693	16	$	$	SYM
ftr-297	693	17	70,000	70,000	NUM
ftr-297	693	18	$	$	SYM
ftr-297	693	19	70,000	70,000	NUM
ftr-297	693	20	a	a	DET
ftr-297	693	21	$	$	SYM
ftr-297	693	22	50,000	50,000	NUM
ftr-297	693	23	$	$	SYM
ftr-297	693	24	60,000	60,000	NUM
ftr-297	693	25	inventory	inventory	NOUN
ftr-297	693	26	60,000	60,000	NUM
ftr-297	693	27	65,000	65,000	NUM
ftr-297	693	28	b	b	NUM
ftr-297	693	29	50,000	50,000	NUM
ftr-297	693	30	60,000	60,000	NUM
ftr-297	693	31	capital	capital	NOUN
ftr-297	693	32	asset	asset	NOUN
ftr-297	693	33	x	x	PUNCT
ftr-297	693	34	20,000	20,000	NUM
ftr-297	693	35	45,000	45,000	NUM
ftr-297	693	36	c	c	NOUN
ftr-297	693	37	50,000	50,000	NUM
ftr-297	693	38	60,000	60,000	NUM
ftr-297	693	39	total	total	ADJ
ftr-297	693	40	$	$	SYM
ftr-297	693	41	150,000	150,000	NUM
ftr-297	693	42	$	$	SYM
ftr-297	693	43	180,000	180,000	NUM
ftr-297	693	44	total	total	ADJ
ftr-297	693	45	$	$	SYM
ftr-297	693	46	150,000	150,000	NUM
ftr-297	693	47	$	$	SYM
ftr-297	693	48	180,000	180,000	NUM
ftr-297	693	49	89	89	NUM
ftr-297	693	50	.	.	PUNCT
ftr-297	694	1	regulation	regulation	NOUN
ftr-297	694	2	section	section	NOUN
ftr-297	694	3	1.734	1.734	NUM
ftr-297	694	4	-	-	SYM
ftr-297	694	5	2(b	2(b	NUM
ftr-297	694	6	)	)	PUNCT
ftr-297	694	7	may	may	AUX
ftr-297	694	8	appear	appear	VERB
ftr-297	694	9	to	to	PART
ftr-297	694	10	redress	redress	VERB
ftr-297	694	11	this	this	DET
ftr-297	694	12	problem	problem	NOUN
ftr-297	694	13	,	,	PUNCT
ftr-297	694	14	but	but	CCONJ
ftr-297	694	15	without	without	ADP
ftr-297	694	16	success	success	NOUN
ftr-297	694	17	.	.	PUNCT
ftr-297	695	1	it	it	PRON
ftr-297	695	2	addresses	address	VERB
ftr-297	695	3	a	a	DET
ftr-297	695	4	circumstance	circumstance	NOUN
ftr-297	695	5	where	where	SCONJ
ftr-297	695	6	a	a	DET
ftr-297	695	7	partner	partner	NOUN
ftr-297	695	8	receives	receive	VERB
ftr-297	695	9	in	in	ADP
ftr-297	695	10	liquidation	liquidation	NOUN
ftr-297	695	11	of	of	ADP
ftr-297	695	12	his	his	PRON
ftr-297	695	13	interest	interest	NOUN
ftr-297	695	14	property	property	NOUN
ftr-297	695	15	(	(	PUNCT
ftr-297	695	16	including	include	VERB
ftr-297	695	17	money	money	NOUN
ftr-297	695	18	)	)	PUNCT
ftr-297	695	19	in	in	ADP
ftr-297	695	20	which	which	PRON
ftr-297	695	21	he	he	PRON
ftr-297	695	22	has	have	VERB
ftr-297	695	23	no	no	DET
ftr-297	695	24	special	special	ADJ
ftr-297	695	25	adjustment	adjustment	NOUN
ftr-297	695	26	in	in	ADP
ftr-297	695	27	exchange	exchange	NOUN
ftr-297	695	28	for	for	ADP
ftr-297	695	29	his	his	PRON
ftr-297	695	30	interest	interest	NOUN
ftr-297	695	31	in	in	ADP
ftr-297	695	32	property	property	NOUN
ftr-297	695	33	in	in	ADP
ftr-297	695	34	which	which	PRON
ftr-297	695	35	he	he	PRON
ftr-297	695	36	has	have	VERB
ftr-297	695	37	a	a	DET
ftr-297	695	38	special	special	ADJ
ftr-297	695	39	adjustment	adjustment	NOUN
ftr-297	695	40	,	,	PUNCT
ftr-297	695	41	whereas	whereas	SCONJ
ftr-297	695	42	the	the	DET
ftr-297	695	43	problem	problem	NOUN
ftr-297	695	44	exists	exist	VERB
ftr-297	695	45	when	when	SCONJ
ftr-297	695	46	the	the	DET
ftr-297	695	47	property	property	NOUN
ftr-297	695	48	relinquished	relinquish	VERB
ftr-297	695	49	is	be	AUX
ftr-297	695	50	property	property	NOUN
ftr-297	695	51	in	in	ADP
ftr-297	695	52	which	which	PRON
ftr-297	695	53	he	he	PRON
ftr-297	695	54	should	should	AUX
ftr-297	695	55	have	have	VERB
ftr-297	695	56	a	a	DET
ftr-297	695	57	special	special	ADJ
ftr-297	695	58	adjustment	adjustment	NOUN
ftr-297	695	59	but	but	CCONJ
ftr-297	695	60	does	do	VERB
ftr-297	695	61	not	not	PART
ftr-297	695	62	.	.	PUNCT
ftr-297	696	1	2014	2014	NUM
ftr-297	696	2	]	]	PUNCT
ftr-297	696	3	137	137	NUM
ftr-297	696	4	florida	florida	PROPN
ftr-297	696	5	tax	tax	NOUN
ftr-297	696	6	review	review	NOUN
ftr-297	696	7	a	a	PRON
ftr-297	696	8	will	will	AUX
ftr-297	696	9	recognize	recognize	VERB
ftr-297	696	10	a	a	DET
ftr-297	696	11	gain	gain	NOUN
ftr-297	696	12	of	of	ADP
ftr-297	696	13	$	$	SYM
ftr-297	696	14	10,000	10,000	NUM
ftr-297	696	15	,	,	PUNCT
ftr-297	696	16	and	and	CCONJ
ftr-297	696	17	the	the	DET
ftr-297	696	18	basis	basis	NOUN
ftr-297	696	19	adjustment	adjustment	NOUN
ftr-297	696	20	will	will	AUX
ftr-297	696	21	be	be	AUX
ftr-297	696	22	allocable	allocable	ADJ
ftr-297	696	23	to	to	ADP
ftr-297	696	24	the	the	DET
ftr-297	696	25	class	class	NOUN
ftr-297	696	26	of	of	ADP
ftr-297	696	27	capital	capital	NOUN
ftr-297	696	28	assets	asset	NOUN
ftr-297	696	29	only.90	only.90	NOUN
ftr-297	696	30	thus	thus	ADV
ftr-297	696	31	,	,	PUNCT
ftr-297	696	32	while	while	SCONJ
ftr-297	696	33	inside	inside	ADV
ftr-297	696	34	and	and	CCONJ
ftr-297	696	35	outside	outside	ADJ
ftr-297	696	36	basis	basis	NOUN
ftr-297	696	37	will	will	AUX
ftr-297	696	38	be	be	AUX
ftr-297	696	39	equal	equal	ADJ
ftr-297	696	40	,	,	PUNCT
ftr-297	696	41	the	the	DET
ftr-297	696	42	adjustment	adjustment	NOUN
ftr-297	696	43	does	do	AUX
ftr-297	696	44	not	not	PART
ftr-297	696	45	function	function	VERB
ftr-297	696	46	properly	properly	ADV
ftr-297	696	47	.	.	PUNCT
ftr-297	697	1	the	the	DET
ftr-297	697	2	tax	tax	NOUN
ftr-297	697	3	balance	balance	NOUN
ftr-297	697	4	sheet	sheet	NOUN
ftr-297	697	5	after	after	SCONJ
ftr-297	697	6	the	the	DET
ftr-297	697	7	transaction	transaction	NOUN
ftr-297	697	8	would	would	AUX
ftr-297	697	9	appear	appear	VERB
ftr-297	697	10	as	as	SCONJ
ftr-297	697	11	follows	follow	VERB
ftr-297	697	12	:	:	PUNCT
ftr-297	697	13	assets	asset	NOUN
ftr-297	697	14	:	:	PUNCT
ftr-297	697	15	cash	cash	NOUN
ftr-297	697	16	inventory	inventory	NOUN
ftr-297	697	17	capital	capital	NOUN
ftr-297	697	18	asset	asset	NOUN
ftr-297	697	19	x	x	PUNCT
ftr-297	697	20	total	total	ADJ
ftr-297	697	21	adjusted	adjust	VERB
ftr-297	697	22	fair	fair	ADJ
ftr-297	697	23	basis	basis	NOUN
ftr-297	697	24	market	market	NOUN
ftr-297	697	25	value	value	NOUN
ftr-297	697	26	$	$	SYM
ftr-297	697	27	10,000	10,000	NUM
ftr-297	697	28	$	$	SYM
ftr-297	697	29	10,000	10,000	NUM
ftr-297	697	30	60,000	60,000	NUM
ftr-297	697	31	65,000	65,000	NUM
ftr-297	697	32	30,000	30,000	NUM
ftr-297	697	33	4	4	NUM
ftr-297	697	34	$	$	SYM
ftr-297	697	35	100,000	100,000	NUM
ftr-297	697	36	$	$	SYM
ftr-297	697	37	120,000	120,000	NUM
ftr-297	697	38	capital	capital	NOUN
ftr-297	697	39	:	:	PUNCT
ftr-297	697	40	adjusted	adjust	VERB
ftr-297	697	41	fair	fair	ADJ
ftr-297	697	42	basis	basis	NOUN
ftr-297	697	43	market	market	NOUN
ftr-297	697	44	value	value	NOUN
ftr-297	697	45	b	b	PROPN
ftr-297	697	46	$	$	SYM
ftr-297	697	47	50,000	50,000	NUM
ftr-297	697	48	$	$	SYM
ftr-297	697	49	60,000	60,000	NUM
ftr-297	697	50	c	c	NOUN
ftr-297	697	51	50,000	50,000	NUM
ftr-297	697	52	60,000	60,000	NUM
ftr-297	697	53	total	total	ADJ
ftr-297	697	54	$	$	SYM
ftr-297	697	55	100,000	100,000	NUM
ftr-297	697	56	$	$	SYM
ftr-297	697	57	120,000	120,000	NUM
ftr-297	697	58	proper	proper	ADJ
ftr-297	697	59	functioning	functioning	NOUN
ftr-297	697	60	of	of	ADP
ftr-297	697	61	the	the	DET
ftr-297	697	62	adjustment	adjustment	NOUN
ftr-297	697	63	would	would	AUX
ftr-297	697	64	have	have	AUX
ftr-297	697	65	allocated	allocate	VERB
ftr-297	697	66	the	the	DET
ftr-297	697	67	overall	overall	ADJ
ftr-297	697	68	basis	basis	NOUN
ftr-297	697	69	adjustment	adjustment	NOUN
ftr-297	697	70	between	between	ADP
ftr-297	697	71	inventory	inventory	NOUN
ftr-297	697	72	and	and	CCONJ
ftr-297	697	73	capital	capital	NOUN
ftr-297	697	74	asset	asset	NOUN
ftr-297	697	75	x	x	NOUN
ftr-297	697	76	,	,	PUNCT
ftr-297	697	77	i.e.	i.e.	X
ftr-297	697	78	,	,	PUNCT
ftr-297	697	79	$	$	SYM
ftr-297	697	80	1,666	1,666	NUM
ftr-297	697	81	to	to	PART
ftr-297	697	82	inventory	inventory	NOUN
ftr-297	697	83	and	and	CCONJ
ftr-297	697	84	$	$	SYM
ftr-297	697	85	8,333	8,333	NUM
ftr-297	697	86	to	to	ADP
ftr-297	697	87	capital	capital	NOUN
ftr-297	697	88	asset	asset	NOUN
ftr-297	697	89	x.	x.	NOUN
ftr-297	697	90	finally	finally	ADV
ftr-297	697	91	,	,	PUNCT
ftr-297	697	92	section	section	NOUN
ftr-297	697	93	734(b	734(b	PROPN
ftr-297	697	94	)	)	PUNCT
ftr-297	697	95	does	do	AUX
ftr-297	697	96	not	not	PART
ftr-297	697	97	allow	allow	VERB
ftr-297	697	98	for	for	ADP
ftr-297	697	99	positive	positive	ADJ
ftr-297	697	100	and	and	CCONJ
ftr-297	697	101	negative	negative	ADJ
ftr-297	697	102	adjustments	adjustment	NOUN
ftr-297	697	103	from	from	ADP
ftr-297	697	104	a	a	DET
ftr-297	697	105	single	single	ADJ
ftr-297	697	106	transaction	transaction	NOUN
ftr-297	697	107	.	.	PUNCT
ftr-297	698	1	allocations	allocation	NOUN
ftr-297	698	2	between	between	ADP
ftr-297	698	3	classes	class	NOUN
ftr-297	698	4	and	and	CCONJ
ftr-297	698	5	within	within	ADP
ftr-297	698	6	classes	class	NOUN
ftr-297	698	7	are	be	AUX
ftr-297	698	8	only	only	ADV
ftr-297	698	9	one	one	NUM
ftr-297	698	10	-	-	PUNCT
ftr-297	698	11	directional	directional	ADJ
ftr-297	698	12	.	.	PUNCT
ftr-297	699	1	assume	assume	VERB
ftr-297	699	2	in	in	ADP
ftr-297	699	3	the	the	DET
ftr-297	699	4	following	follow	VERB
ftr-297	699	5	case	case	NOUN
ftr-297	699	6	that	that	SCONJ
ftr-297	699	7	a	a	DET
ftr-297	699	8	's	's	PART
ftr-297	699	9	partnership	partnership	NOUN
ftr-297	699	10	interest	interest	NOUN
ftr-297	699	11	is	be	AUX
ftr-297	699	12	liquidated	liquidate	VERB
ftr-297	699	13	for	for	ADP
ftr-297	699	14	cash	cash	NOUN
ftr-297	699	15	of	of	ADP
ftr-297	699	16	$	$	SYM
ftr-297	699	17	9,000	9,000	NUM
ftr-297	699	18	.	.	PUNCT
ftr-297	700	1	assets	asset	NOUN
ftr-297	700	2	:	:	PUNCT
ftr-297	700	3	cash	cash	NOUN
ftr-297	700	4	capital	capital	NOUN
ftr-297	700	5	asset	asset	NOUN
ftr-297	700	6	x	x	PUNCT
ftr-297	700	7	capital	capital	NOUN
ftr-297	700	8	asset	asset	NOUN
ftr-297	700	9	y	y	PROPN
ftr-297	700	10	total	total	ADJ
ftr-297	700	11	adjusted	adjust	VERB
ftr-297	700	12	fair	fair	ADJ
ftr-297	700	13	basis	basis	NOUN
ftr-297	700	14	market	market	NOUN
ftr-297	700	15	value	value	NOUN
ftr-297	700	16	$	$	SYM
ftr-297	700	17	10,000	10,000	NUM
ftr-297	700	18	$	$	SYM
ftr-297	700	19	10,000	10,000	NUM
ftr-297	700	20	5,000	5,000	NUM
ftr-297	700	21	14,000	14,000	NUM
ftr-297	700	22	600	600	NUM
ftr-297	700	23	3	3	NUM
ftr-297	700	24	$	$	SYM
ftr-297	700	25	21,000	21,000	NUM
ftr-297	700	26	$	$	SYM
ftr-297	700	27	27,000	27,000	NUM
ftr-297	700	28	capital	capital	NOUN
ftr-297	700	29	:	:	PUNCT
ftr-297	700	30	adjusted	adjust	VERB
ftr-297	700	31	fair	fair	ADJ
ftr-297	700	32	basis	basis	NOUN
ftr-297	700	33	market	market	NOUN
ftr-297	700	34	value	value	NOUN
ftr-297	700	35	a	a	DET
ftr-297	700	36	$	$	SYM
ftr-297	700	37	7,000	7,000	NUM
ftr-297	700	38	$	$	SYM
ftr-297	700	39	9,000	9,000	NUM
ftr-297	700	40	b	b	SYM
ftr-297	700	41	7,000	7,000	NUM
ftr-297	700	42	9,000	9,000	NUM
ftr-297	700	43	c	c	NOUN
ftr-297	700	44	_	_	PUNCT
ftr-297	700	45	7,00	7,00	NOUN
ftr-297	701	1	9,000	9,000	NUM
ftr-297	701	2	total	total	NOUN
ftr-297	701	3	$	$	SYM
ftr-297	701	4	21,000	21,000	NUM
ftr-297	701	5	$	$	SYM
ftr-297	701	6	27,000	27,000	NUM
ftr-297	701	7	while	while	SCONJ
ftr-297	701	8	this	this	PRON
ftr-297	701	9	generates	generate	VERB
ftr-297	701	10	a	a	DET
ftr-297	701	11	basis	basis	NOUN
ftr-297	701	12	increase	increase	NOUN
ftr-297	701	13	of	of	ADP
ftr-297	701	14	$	$	SYM
ftr-297	701	15	2,000	2,000	NUM
ftr-297	701	16	,	,	PUNCT
ftr-297	701	17	the	the	DET
ftr-297	701	18	regulations	regulation	NOUN
ftr-297	701	19	dictate	dictate	VERB
ftr-297	701	20	that	that	SCONJ
ftr-297	701	21	the	the	DET
ftr-297	701	22	adjustment	adjustment	NOUN
ftr-297	701	23	is	be	AUX
ftr-297	701	24	made	make	VERB
ftr-297	701	25	solely	solely	ADV
ftr-297	701	26	to	to	ADP
ftr-297	701	27	capital	capital	NOUN
ftr-297	701	28	asset	asset	NOUN
ftr-297	701	29	x	x	X
ftr-297	701	30	(	(	PUNCT
ftr-297	701	31	$	$	SYM
ftr-297	701	32	5,000	5,000	NUM
ftr-297	701	33	+	+	NUM
ftr-297	701	34	$	$	SYM
ftr-297	701	35	2,000	2,000	NUM
ftr-297	701	36	=	=	SYM
ftr-297	701	37	$	$	SYM
ftr-297	701	38	7,000	7,000	NUM
ftr-297	701	39	)	)	PUNCT
ftr-297	701	40	.	.	PUNCT
ftr-297	702	1	upon	upon	SCONJ
ftr-297	702	2	its	its	PRON
ftr-297	702	3	sale	sale	NOUN
ftr-297	702	4	,	,	PUNCT
ftr-297	702	5	the	the	DET
ftr-297	702	6	remaining	remain	VERB
ftr-297	702	7	partnership	partnership	NOUN
ftr-297	702	8	bc	bc	PROPN
ftr-297	702	9	will	will	AUX
ftr-297	702	10	recognize	recognize	VERB
ftr-297	702	11	$	$	SYM
ftr-297	702	12	7,000	7,000	NUM
ftr-297	702	13	of	of	ADP
ftr-297	702	14	gain	gain	NOUN
ftr-297	702	15	(	(	PUNCT
ftr-297	702	16	$	$	SYM
ftr-297	702	17	14,000	14,000	NUM
ftr-297	702	18	$	$	SYM
ftr-297	702	19	7,000	7,000	NUM
ftr-297	702	20	=	=	SYM
ftr-297	702	21	$	$	SYM
ftr-297	702	22	7,000	7,000	NUM
ftr-297	702	23	)	)	PUNCT
ftr-297	702	24	,	,	PUNCT
ftr-297	702	25	$	$	SYM
ftr-297	702	26	3,500	3,500	NUM
ftr-297	702	27	each	each	PRON
ftr-297	702	28	.	.	PUNCT
ftr-297	703	1	from	from	ADP
ftr-297	703	2	a	a	DET
ftr-297	703	3	tax	tax	NOUN
ftr-297	703	4	policy	policy	NOUN
ftr-297	703	5	standpoint	standpoint	NOUN
ftr-297	703	6	,	,	PUNCT
ftr-297	703	7	the	the	DET
ftr-297	703	8	basis	basis	NOUN
ftr-297	703	9	adjustment	adjustment	NOUN
ftr-297	703	10	should	should	AUX
ftr-297	703	11	have	have	AUX
ftr-297	703	12	been	be	AUX
ftr-297	703	13	a	a	DET
ftr-297	703	14	$	$	SYM
ftr-297	703	15	3,000	3,000	NUM
ftr-297	703	16	increase	increase	NOUN
ftr-297	703	17	to	to	ADP
ftr-297	703	18	capital	capital	NOUN
ftr-297	703	19	asset	asset	NOUN
ftr-297	703	20	x	x	X
ftr-297	703	21	and	and	CCONJ
ftr-297	703	22	a	a	DET
ftr-297	703	23	$	$	SYM
ftr-297	703	24	1,000	1,000	NUM
ftr-297	703	25	decrease	decrease	NOUN
ftr-297	703	26	to	to	ADP
ftr-297	703	27	capital	capital	NOUN
ftr-297	703	28	asset	asset	PROPN
ftr-297	703	29	y	y	PROPN
ftr-297	703	30	,	,	PUNCT
ftr-297	703	31	as	as	SCONJ
ftr-297	703	32	is	be	AUX
ftr-297	703	33	the	the	DET
ftr-297	703	34	case	case	NOUN
ftr-297	703	35	with	with	ADP
ftr-297	703	36	the	the	DET
ftr-297	703	37	revised	revise	VERB
ftr-297	703	38	regulations	regulation	NOUN
ftr-297	703	39	under	under	ADP
ftr-297	703	40	section	section	NOUN
ftr-297	703	41	755	755	NUM
ftr-297	703	42	,	,	PUNCT
ftr-297	703	43	which	which	PRON
ftr-297	703	44	deal	deal	VERB
ftr-297	703	45	with	with	ADP
ftr-297	703	46	the	the	DET
ftr-297	703	47	allocation	allocation	NOUN
ftr-297	703	48	of	of	ADP
ftr-297	703	49	basis	basis	NOUN
ftr-297	703	50	adjustments	adjustment	NOUN
ftr-297	703	51	under	under	ADP
ftr-297	703	52	section	section	NOUN
ftr-297	703	53	743(b	743(b	PROPN
ftr-297	703	54	)	)	PUNCT
ftr-297	703	55	.	.	PUNCT
ftr-297	704	1	d.	d.	PROPN
ftr-297	704	2	mandatory	mandatory	ADJ
ftr-297	704	3	application	application	NOUN
ftr-297	704	4	of	of	ADP
ftr-297	704	5	section	section	NOUN
ftr-297	704	6	734(b	734(b	PROPN
ftr-297	704	7	)	)	PUNCT
ftr-297	704	8	in	in	ADP
ftr-297	704	9	2004	2004	NUM
ftr-297	704	10	,	,	PUNCT
ftr-297	704	11	congress	congress	PROPN
ftr-297	704	12	evidenced	evidence	VERB
ftr-297	704	13	its	its	PRON
ftr-297	704	14	concern	concern	NOUN
ftr-297	704	15	with	with	ADP
ftr-297	704	16	loss	loss	NOUN
ftr-297	704	17	duplication	duplication	NOUN
ftr-297	704	18	in	in	ADP
ftr-297	704	19	the	the	DET
ftr-297	704	20	partnership	partnership	NOUN
ftr-297	704	21	context	context	NOUN
ftr-297	704	22	.	.	PUNCT
ftr-297	705	1	given	give	VERB
ftr-297	705	2	the	the	DET
ftr-297	705	3	ability	ability	NOUN
ftr-297	705	4	of	of	ADP
ftr-297	705	5	a	a	DET
ftr-297	705	6	partnership	partnership	NOUN
ftr-297	705	7	to	to	PART
ftr-297	705	8	determine	determine	VERB
ftr-297	705	9	whether	whether	SCONJ
ftr-297	705	10	90	90	NUM
ftr-297	705	11	.	.	PUNCT
ftr-297	706	1	had	have	AUX
ftr-297	706	2	the	the	DET
ftr-297	706	3	inventory	inventory	NOUN
ftr-297	706	4	been	be	AUX
ftr-297	706	5	substantially	substantially	ADV
ftr-297	706	6	appreciated	appreciate	VERB
ftr-297	706	7	,	,	PUNCT
ftr-297	706	8	section	section	NOUN
ftr-297	706	9	751(b	751(b	PROPN
ftr-297	706	10	)	)	PUNCT
ftr-297	706	11	would	would	AUX
ftr-297	706	12	have	have	AUX
ftr-297	706	13	come	come	VERB
ftr-297	706	14	into	into	ADP
ftr-297	706	15	play	play	NOUN
ftr-297	706	16	and	and	CCONJ
ftr-297	706	17	resulted	result	VERB
ftr-297	706	18	in	in	ADP
ftr-297	706	19	a	a	DET
ftr-297	706	20	basis	basis	NOUN
ftr-297	706	21	adjustment	adjustment	NOUN
ftr-297	706	22	for	for	ADP
ftr-297	706	23	the	the	DET
ftr-297	706	24	inventory	inventory	NOUN
ftr-297	706	25	.	.	PUNCT
ftr-297	707	1	138	138	NUM
ftr-297	708	1	[	[	X
ftr-297	708	2	vol	vol	NOUN
ftr-297	708	3	.	.	PUNCT
ftr-297	708	4	15:3	15:3	NUM
ftr-297	708	5	optional	optional	ADJ
ftr-297	708	6	basis	basis	NOUN
ftr-297	708	7	adjustments	adjustment	NOUN
ftr-297	708	8	under	under	ADP
ftr-297	708	9	subchapter	subchapter	NOUN
ftr-297	708	10	k	k	PROPN
ftr-297	708	11	to	to	PART
ftr-297	708	12	elect	elect	VERB
ftr-297	708	13	the	the	DET
ftr-297	708	14	adjustment	adjustment	NOUN
ftr-297	708	15	for	for	ADP
ftr-297	708	16	the	the	DET
ftr-297	708	17	partnership	partnership	NOUN
ftr-297	708	18	,	,	PUNCT
ftr-297	708	19	it	it	PRON
ftr-297	708	20	is	be	AUX
ftr-297	708	21	possible	possible	ADJ
ftr-297	708	22	to	to	PART
ftr-297	708	23	duplicate	duplicate	VERB
ftr-297	708	24	losses	loss	NOUN
ftr-297	708	25	through	through	ADP
ftr-297	708	26	a	a	DET
ftr-297	708	27	failure	failure	NOUN
ftr-297	708	28	to	to	PART
ftr-297	708	29	elect	elect	VERB
ftr-297	708	30	,	,	PUNCT
ftr-297	708	31	i.e.	i.e.	X
ftr-297	708	32	,	,	PUNCT
ftr-297	708	33	the	the	DET
ftr-297	708	34	distributee	distributee	NOUN
ftr-297	708	35	partner	partner	NOUN
ftr-297	708	36	recognizes	recognize	VERB
ftr-297	708	37	loss	loss	NOUN
ftr-297	708	38	on	on	ADP
ftr-297	708	39	the	the	DET
ftr-297	708	40	distribution	distribution	NOUN
ftr-297	708	41	of	of	ADP
ftr-297	708	42	cash	cash	NOUN
ftr-297	708	43	and	and	CCONJ
ftr-297	708	44	the	the	DET
ftr-297	708	45	partnership	partnership	NOUN
ftr-297	708	46	takes	take	VERB
ftr-297	708	47	a	a	DET
ftr-297	708	48	similar	similar	ADJ
ftr-297	708	49	loss	loss	NOUN
ftr-297	708	50	into	into	ADP
ftr-297	708	51	account	account	NOUN
ftr-297	708	52	if	if	SCONJ
ftr-297	708	53	the	the	DET
ftr-297	708	54	remaining	remain	VERB
ftr-297	708	55	assets	asset	NOUN
ftr-297	708	56	are	be	AUX
ftr-297	708	57	sold	sell	VERB
ftr-297	708	58	subsequently	subsequently	ADV
ftr-297	708	59	.	.	PUNCT
ftr-297	709	1	while	while	SCONJ
ftr-297	709	2	the	the	DET
ftr-297	709	3	loss	loss	NOUN
ftr-297	709	4	would	would	AUX
ftr-297	709	5	ultimately	ultimately	ADV
ftr-297	709	6	be	be	AUX
ftr-297	709	7	offset	offset	VERB
ftr-297	709	8	by	by	ADP
ftr-297	709	9	a	a	DET
ftr-297	709	10	corresponding	corresponding	ADJ
ftr-297	709	11	amount	amount	NOUN
ftr-297	709	12	of	of	ADP
ftr-297	709	13	income	income	NOUN
ftr-297	709	14	on	on	ADP
ftr-297	709	15	the	the	DET
ftr-297	709	16	liquidation	liquidation	NOUN
ftr-297	709	17	or	or	CCONJ
ftr-297	709	18	sale	sale	NOUN
ftr-297	709	19	of	of	ADP
ftr-297	709	20	the	the	DET
ftr-297	709	21	remaining	remain	VERB
ftr-297	709	22	partnership	partnership	NOUN
ftr-297	709	23	interests	interest	NOUN
ftr-297	709	24	,	,	PUNCT
ftr-297	709	25	tax	tax	NOUN
ftr-297	709	26	benefits	benefit	NOUN
ftr-297	709	27	through	through	ADP
ftr-297	709	28	such	such	ADJ
ftr-297	709	29	efforts	effort	NOUN
ftr-297	709	30	are	be	AUX
ftr-297	709	31	possible	possible	ADJ
ftr-297	709	32	.	.	PUNCT
ftr-297	710	1	section	section	NOUN
ftr-297	710	2	734(b	734(b	PROPN
ftr-297	710	3	)	)	PUNCT
ftr-297	710	4	was	be	AUX
ftr-297	710	5	amended	amend	VERB
ftr-297	710	6	to	to	PART
ftr-297	710	7	provide	provide	VERB
ftr-297	710	8	that	that	SCONJ
ftr-297	710	9	an	an	DET
ftr-297	710	10	adjustment	adjustment	NOUN
ftr-297	710	11	to	to	ADP
ftr-297	710	12	the	the	DET
ftr-297	710	13	basis	basis	NOUN
ftr-297	710	14	of	of	ADP
ftr-297	710	15	the	the	DET
ftr-297	710	16	partnership	partnership	NOUN
ftr-297	710	17	's	's	PART
ftr-297	710	18	assets	asset	NOUN
ftr-297	710	19	is	be	AUX
ftr-297	710	20	mandatory	mandatory	ADJ
ftr-297	710	21	,	,	PUNCT
ftr-297	710	22	regardless	regardless	ADV
ftr-297	710	23	of	of	ADP
ftr-297	710	24	election	election	NOUN
ftr-297	710	25	,	,	PUNCT
ftr-297	710	26	if	if	SCONJ
ftr-297	710	27	a	a	DET
ftr-297	710	28	substantial	substantial	ADJ
ftr-297	710	29	basis	basis	NOUN
ftr-297	710	30	reduction	reduction	NOUN
ftr-297	710	31	to	to	ADP
ftr-297	710	32	the	the	DET
ftr-297	710	33	basis	basis	NOUN
ftr-297	710	34	of	of	ADP
ftr-297	710	35	the	the	DET
ftr-297	710	36	partnership	partnership	NOUN
ftr-297	710	37	's	's	PART
ftr-297	710	38	assets	asset	NOUN
ftr-297	710	39	would	would	AUX
ftr-297	710	40	occur	occur	VERB
ftr-297	710	41	.	.	PUNCT
ftr-297	711	1	a	a	DET
ftr-297	711	2	substantial	substantial	ADJ
ftr-297	711	3	basis	basis	NOUN
ftr-297	711	4	reduction	reduction	NOUN
ftr-297	711	5	is	be	AUX
ftr-297	711	6	defined	define	VERB
ftr-297	711	7	as	as	ADP
ftr-297	711	8	a	a	DET
ftr-297	711	9	basis	basis	NOUN
ftr-297	711	10	decrease	decrease	NOUN
ftr-297	711	11	in	in	ADP
ftr-297	711	12	excess	excess	NOUN
ftr-297	711	13	of	of	ADP
ftr-297	711	14	$	$	SYM
ftr-297	711	15	250,000	250,000	NUM
ftr-297	711	16	.	.	PUNCT
ftr-297	712	1	regulations	regulation	NOUN
ftr-297	712	2	to	to	PART
ftr-297	712	3	effectuate	effectuate	VERB
ftr-297	712	4	the	the	DET
ftr-297	712	5	legislation	legislation	NOUN
ftr-297	712	6	are	be	AUX
ftr-297	712	7	specially	specially	ADV
ftr-297	712	8	authorized.9	authorized.9	PROPN
ftr-297	712	9	'	'	PUNCT
ftr-297	712	10	for	for	ADP
ftr-297	712	11	example	example	NOUN
ftr-297	712	12	,	,	PUNCT
ftr-297	712	13	assume	assume	VERB
ftr-297	712	14	that	that	SCONJ
ftr-297	712	15	equal	equal	ADJ
ftr-297	712	16	partnership	partnership	NOUN
ftr-297	712	17	def	def	PROPN
ftr-297	712	18	does	do	AUX
ftr-297	712	19	not	not	PART
ftr-297	712	20	have	have	VERB
ftr-297	712	21	an	an	DET
ftr-297	712	22	election	election	NOUN
ftr-297	712	23	in	in	ADP
ftr-297	712	24	effect	effect	NOUN
ftr-297	712	25	.	.	PUNCT
ftr-297	713	1	its	its	PRON
ftr-297	713	2	tax	tax	NOUN
ftr-297	713	3	balance	balance	NOUN
ftr-297	713	4	sheet	sheet	NOUN
ftr-297	713	5	is	be	AUX
ftr-297	713	6	as	as	SCONJ
ftr-297	713	7	follows	follow	VERB
ftr-297	713	8	:	:	PUNCT
ftr-297	713	9	assets	asset	NOUN
ftr-297	713	10	:	:	PUNCT
ftr-297	713	11	adjusted	adjust	VERB
ftr-297	713	12	fair	fair	ADJ
ftr-297	713	13	capital	capital	NOUN
ftr-297	713	14	:	:	PUNCT
ftr-297	713	15	adjusted	adjust	VERB
ftr-297	713	16	fair	fair	ADJ
ftr-297	713	17	basis	basis	NOUN
ftr-297	713	18	market	market	NOUN
ftr-297	713	19	basis	basis	NOUN
ftr-297	713	20	market	market	NOUN
ftr-297	713	21	value	value	NOUN
ftr-297	713	22	value	value	NOUN
ftr-297	713	23	cash	cash	NOUN
ftr-297	713	24	$	$	SYM
ftr-297	713	25	800,000	800,000	NUM
ftr-297	713	26	$	$	SYM
ftr-297	713	27	800,000	800,000	NUM
ftr-297	713	28	d	d	NOUN
ftr-297	713	29	$	$	SYM
ftr-297	713	30	1,000,000	1,000,000	NUM
ftr-297	713	31	$	$	SYM
ftr-297	713	32	700,000	700,000	NUM
ftr-297	713	33	capital	capital	NOUN
ftr-297	713	34	asset	asset	NOUN
ftr-297	713	35	x	x	PUNCT
ftr-297	713	36	1,000,000	1,000,000	NUM
ftr-297	713	37	600,000	600,000	NUM
ftr-297	713	38	e	e	NOUN
ftr-297	713	39	1,000,000	1,000,000	NUM
ftr-297	713	40	700,000	700,000	NUM
ftr-297	713	41	capital	capital	NOUN
ftr-297	713	42	asset	asset	NOUN
ftr-297	713	43	y	y	PROPN
ftr-297	713	44	1,200,000	1,200,000	NUM
ftr-297	713	45	700,000	700,000	NUM
ftr-297	713	46	f	f	PROPN
ftr-297	713	47	1,000,000	1,000,000	NUM
ftr-297	713	48	700,000	700,000	NUM
ftr-297	713	49	total	total	ADJ
ftr-297	713	50	$	$	SYM
ftr-297	713	51	3,000,000	3,000,000	NUM
ftr-297	713	52	$	$	SYM
ftr-297	713	53	2,100,000	2,100,000	NUM
ftr-297	713	54	total	total	NOUN
ftr-297	713	55	$	$	SYM
ftr-297	713	56	3,000,000	3,000,000	NUM
ftr-297	713	57	$	$	SYM
ftr-297	713	58	2,100,000	2,100,000	NUM
ftr-297	713	59	if	if	SCONJ
ftr-297	713	60	f	f	PROPN
ftr-297	713	61	receives	receive	VERB
ftr-297	713	62	$	$	SYM
ftr-297	713	63	700,000	700,000	NUM
ftr-297	713	64	cash	cash	NOUN
ftr-297	713	65	in	in	ADP
ftr-297	713	66	complete	complete	ADJ
ftr-297	713	67	liquidation	liquidation	NOUN
ftr-297	713	68	of	of	ADP
ftr-297	713	69	his	his	PRON
ftr-297	713	70	interest	interest	NOUN
ftr-297	713	71	,	,	PUNCT
ftr-297	713	72	he	he	PRON
ftr-297	713	73	will	will	AUX
ftr-297	713	74	recognize	recognize	VERB
ftr-297	713	75	a	a	DET
ftr-297	713	76	$	$	SYM
ftr-297	713	77	300,000	300,000	NUM
ftr-297	713	78	loss	loss	NOUN
ftr-297	713	79	.	.	PUNCT
ftr-297	714	1	prior	prior	ADV
ftr-297	714	2	to	to	ADP
ftr-297	714	3	2004	2004	NUM
ftr-297	714	4	,	,	PUNCT
ftr-297	714	5	absent	absent	VERB
ftr-297	714	6	an	an	DET
ftr-297	714	7	election	election	NOUN
ftr-297	714	8	,	,	PUNCT
ftr-297	714	9	this	this	DET
ftr-297	714	10	distribution	distribution	NOUN
ftr-297	714	11	would	would	AUX
ftr-297	714	12	have	have	AUX
ftr-297	714	13	created	create	VERB
ftr-297	714	14	a	a	DET
ftr-297	714	15	disparity	disparity	NOUN
ftr-297	714	16	between	between	ADP
ftr-297	714	17	the	the	DET
ftr-297	714	18	inside	inside	ADJ
ftr-297	714	19	and	and	CCONJ
ftr-297	714	20	outside	outside	ADJ
ftr-297	714	21	bases	basis	NOUN
ftr-297	714	22	of	of	ADP
ftr-297	714	23	partnership	partnership	NOUN
ftr-297	714	24	de	de	PROPN
ftr-297	714	25	,	,	PUNCT
ftr-297	714	26	which	which	PRON
ftr-297	714	27	would	would	AUX
ftr-297	714	28	allow	allow	VERB
ftr-297	714	29	d	d	NOUN
ftr-297	714	30	and	and	CCONJ
ftr-297	714	31	e	e	NOUN
ftr-297	714	32	to	to	PART
ftr-297	714	33	duplicate	duplicate	VERB
ftr-297	714	34	the	the	DET
ftr-297	714	35	$	$	SYM
ftr-297	714	36	300,000	300,000	NUM
ftr-297	714	37	loss	loss	NOUN
ftr-297	714	38	that	that	PRON
ftr-297	714	39	f	f	PROPN
ftr-297	714	40	recognized	recognize	VERB
ftr-297	714	41	on	on	ADP
ftr-297	714	42	his	his	PRON
ftr-297	714	43	liquidating	liquidate	VERB
ftr-297	714	44	distribution	distribution	NOUN
ftr-297	714	45	.	.	PUNCT
ftr-297	715	1	under	under	ADP
ftr-297	715	2	amended	amend	VERB
ftr-297	715	3	section	section	NOUN
ftr-297	715	4	734	734	NUM
ftr-297	715	5	,	,	PUNCT
ftr-297	715	6	however	however	ADV
ftr-297	715	7	,	,	PUNCT
ftr-297	715	8	partnership	partnership	NOUN
ftr-297	715	9	de	de	PROPN
ftr-297	715	10	is	be	AUX
ftr-297	715	11	required	require	VERB
ftr-297	715	12	to	to	PART
ftr-297	715	13	make	make	VERB
ftr-297	715	14	a	a	DET
ftr-297	715	15	basis	basis	NOUN
ftr-297	715	16	adjustment	adjustment	NOUN
ftr-297	715	17	because	because	SCONJ
ftr-297	715	18	the	the	DET
ftr-297	715	19	distribution	distribution	NOUN
ftr-297	715	20	would	would	AUX
ftr-297	715	21	create	create	VERB
ftr-297	715	22	a	a	DET
ftr-297	715	23	basis	basis	NOUN
ftr-297	715	24	reduction	reduction	NOUN
ftr-297	715	25	greater	great	ADJ
ftr-297	715	26	than	than	ADP
ftr-297	715	27	$	$	SYM
ftr-297	715	28	250,000	250,000	NUM
ftr-297	715	29	if	if	SCONJ
ftr-297	715	30	an	an	DET
ftr-297	715	31	election	election	NOUN
ftr-297	715	32	had	have	AUX
ftr-297	715	33	been	be	AUX
ftr-297	715	34	in	in	ADP
ftr-297	715	35	effect	effect	NOUN
ftr-297	715	36	.	.	PUNCT
ftr-297	716	1	accordingly	accordingly	ADV
ftr-297	716	2	,	,	PUNCT
ftr-297	716	3	the	the	DET
ftr-297	716	4	partnership	partnership	NOUN
ftr-297	716	5	is	be	AUX
ftr-297	716	6	required	require	VERB
ftr-297	716	7	to	to	PART
ftr-297	716	8	decrease	decrease	VERB
ftr-297	716	9	the	the	DET
ftr-297	716	10	basis	basis	NOUN
ftr-297	716	11	of	of	ADP
ftr-297	716	12	the	the	DET
ftr-297	716	13	remaining	remain	VERB
ftr-297	716	14	partnership	partnership	NOUN
ftr-297	716	15	assets	asset	NOUN
ftr-297	716	16	.	.	PUNCT
ftr-297	717	1	the	the	DET
ftr-297	717	2	decrease	decrease	NOUN
ftr-297	717	3	is	be	AUX
ftr-297	717	4	applied	apply	VERB
ftr-297	717	5	to	to	ADP
ftr-297	717	6	both	both	DET
ftr-297	717	7	capital	capital	NOUN
ftr-297	717	8	asset	asset	NOUN
ftr-297	717	9	x	x	NOUN
ftr-297	717	10	and	and	CCONJ
ftr-297	717	11	capital	capital	NOUN
ftr-297	717	12	asset	asset	NOUN
ftr-297	717	13	y	y	PROPN
ftr-297	717	14	proportionally	proportionally	ADV
ftr-297	717	15	according	accord	VERB
ftr-297	717	16	to	to	ADP
ftr-297	717	17	their	their	PRON
ftr-297	717	18	decrease	decrease	NOUN
ftr-297	717	19	in	in	ADP
ftr-297	717	20	value	value	NOUN
ftr-297	717	21	.	.	PUNCT
ftr-297	718	1	the	the	DET
ftr-297	718	2	basis	basis	NOUN
ftr-297	718	3	of	of	ADP
ftr-297	718	4	capital	capital	NOUN
ftr-297	718	5	asset	asset	NOUN
ftr-297	718	6	x	x	AUX
ftr-297	718	7	is	be	AUX
ftr-297	718	8	reduced	reduce	VERB
ftr-297	718	9	by	by	ADP
ftr-297	718	10	$	$	SYM
ftr-297	718	11	133,333	133,333	NUM
ftr-297	718	12	(	(	PUNCT
ftr-297	718	13	$	$	SYM
ftr-297	718	14	400,000/$900,000	400,000/$900,000	NUM
ftr-297	718	15	x	x	SYM
ftr-297	718	16	$	$	SYM
ftr-297	718	17	300,000	300,000	NUM
ftr-297	718	18	)	)	PUNCT
ftr-297	718	19	and	and	CCONJ
ftr-297	718	20	the	the	DET
ftr-297	718	21	basis	basis	NOUN
ftr-297	718	22	of	of	ADP
ftr-297	718	23	capital	capital	NOUN
ftr-297	718	24	asset	asset	NOUN
ftr-297	718	25	y	y	PROPN
ftr-297	718	26	is	be	AUX
ftr-297	718	27	reduced	reduce	VERB
ftr-297	718	28	by	by	ADP
ftr-297	718	29	$	$	SYM
ftr-297	718	30	166,667	166,667	NUM
ftr-297	718	31	(	(	PUNCT
ftr-297	718	32	$	$	SYM
ftr-297	718	33	500,000/$900,000	500,000/$900,000	NUM
ftr-297	718	34	x	x	SYM
ftr-297	718	35	$	$	SYM
ftr-297	718	36	300,000).92	300,000).92	NUM
ftr-297	718	37	the	the	DET
ftr-297	718	38	new	new	ADJ
ftr-297	718	39	tax	tax	NOUN
ftr-297	718	40	balance	balance	NOUN
ftr-297	718	41	sheet	sheet	NOUN
ftr-297	718	42	is	be	AUX
ftr-297	718	43	as	as	SCONJ
ftr-297	718	44	follows	follow	VERB
ftr-297	718	45	:	:	PUNCT
ftr-297	719	1	91	91	NUM
ftr-297	719	2	.	.	PUNCT
ftr-297	719	3	i.r.c	i.r.c	NOUN
ftr-297	719	4	.	.	PUNCT
ftr-297	720	1	§	§	PROPN
ftr-297	720	2	§	§	PROPN
ftr-297	720	3	734(d)(2	734(d)(2	PROPN
ftr-297	720	4	)	)	PUNCT
ftr-297	720	5	,	,	PUNCT
ftr-297	720	6	743(d)(2	743(d)(2	NUM
ftr-297	720	7	)	)	PUNCT
ftr-297	720	8	.	.	PUNCT
ftr-297	721	1	92	92	NUM
ftr-297	721	2	.	.	PUNCT
ftr-297	722	1	see	see	VERB
ftr-297	722	2	discussion	discussion	NOUN
ftr-297	722	3	supra	supra	NOUN
ftr-297	722	4	at	at	ADP
ftr-297	722	5	part	part	NOUN
ftr-297	722	6	iv	iv	ADP
ftr-297	722	7	,	,	PUNCT
ftr-297	722	8	regarding	regard	VERB
ftr-297	722	9	the	the	DET
ftr-297	722	10	allocation	allocation	NOUN
ftr-297	722	11	of	of	ADP
ftr-297	722	12	section	section	NOUN
ftr-297	722	13	734(b	734(b	PROPN
ftr-297	722	14	)	)	PUNCT
ftr-297	722	15	adjustments	adjustment	NOUN
ftr-297	722	16	among	among	ADP
ftr-297	722	17	the	the	DET
ftr-297	722	18	remaining	remain	VERB
ftr-297	722	19	assets	asset	NOUN
ftr-297	722	20	of	of	ADP
ftr-297	722	21	the	the	DET
ftr-297	722	22	partnership	partnership	NOUN
ftr-297	722	23	.	.	PUNCT
ftr-297	723	1	see	see	AUX
ftr-297	723	2	also	also	ADV
ftr-297	723	3	section	section	NOUN
ftr-297	723	4	704(c)(1)(c	704(c)(1)(c	PROPN
ftr-297	723	5	)	)	PUNCT
ftr-297	723	6	,	,	PUNCT
ftr-297	723	7	discussed	discuss	VERB
ftr-297	723	8	at	at	ADP
ftr-297	723	9	part	part	PROPN
ftr-297	723	10	ii	ii	PROPN
ftr-297	723	11	,	,	PUNCT
ftr-297	723	12	f.	f.	PROPN
ftr-297	723	13	,	,	PUNCT
ftr-297	723	14	which	which	PRON
ftr-297	723	15	is	be	AUX
ftr-297	723	16	similarly	similarly	ADV
ftr-297	723	17	intended	intend	VERB
ftr-297	723	18	to	to	PART
ftr-297	723	19	prevent	prevent	VERB
ftr-297	723	20	loss	loss	NOUN
ftr-297	723	21	duplication	duplication	NOUN
ftr-297	723	22	.	.	PUNCT
ftr-297	724	1	2014	2014	NUM
ftr-297	724	2	]	]	PUNCT
ftr-297	724	3	139	139	NUM
ftr-297	724	4	florida	florida	PROPN
ftr-297	724	5	tax	tax	NOUN
ftr-297	724	6	review	review	NOUN
ftr-297	724	7	assets	asset	NOUN
ftr-297	724	8	:	:	PUNCT
ftr-297	724	9	adjusted	adjust	VERB
ftr-297	724	10	fair	fair	ADJ
ftr-297	724	11	capital	capital	NOUN
ftr-297	724	12	:	:	PUNCT
ftr-297	724	13	adjusted	adjust	VERB
ftr-297	724	14	fair	fair	ADJ
ftr-297	724	15	basis	basis	NOUN
ftr-297	724	16	market	market	NOUN
ftr-297	724	17	basis	basis	NOUN
ftr-297	724	18	market	market	NOUN
ftr-297	724	19	value	value	NOUN
ftr-297	724	20	value	value	NOUN
ftr-297	724	21	cash	cash	NOUN
ftr-297	724	22	$	$	SYM
ftr-297	724	23	100,000	100,000	NUM
ftr-297	724	24	$	$	SYM
ftr-297	724	25	100,000	100,000	NUM
ftr-297	724	26	d	d	NOUN
ftr-297	724	27	$	$	SYM
ftr-297	724	28	1,000,000	1,000,000	NUM
ftr-297	724	29	$	$	SYM
ftr-297	724	30	700,000	700,000	NUM
ftr-297	724	31	capital	capital	NOUN
ftr-297	724	32	asset	asset	NOUN
ftr-297	724	33	x	x	PUNCT
ftr-297	724	34	866,667	866,667	NUM
ftr-297	724	35	600,000	600,000	NUM
ftr-297	724	36	e	e	NOUN
ftr-297	724	37	1,000,000	1,000,000	NUM
ftr-297	724	38	700,000	700,000	NUM
ftr-297	724	39	capital	capital	NOUN
ftr-297	724	40	asset	asset	NOUN
ftr-297	724	41	y	y	PROPN
ftr-297	724	42	1,033,333	1,033,333	NUM
ftr-297	724	43	700,000	700,000	NUM
ftr-297	724	44	total	total	ADJ
ftr-297	724	45	$	$	SYM
ftr-297	724	46	2,000,000	2,000,000	NUM
ftr-297	724	47	$	$	SYM
ftr-297	724	48	1,400,000	1,400,000	NUM
ftr-297	724	49	total	total	NOUN
ftr-297	724	50	$	$	SYM
ftr-297	724	51	2,000,000	2,000,000	NUM
ftr-297	724	52	$	$	SYM
ftr-297	724	53	1,400,000	1,400,000	NUM
ftr-297	724	54	v.	v.	ADP
ftr-297	724	55	allocation	allocation	NOUN
ftr-297	724	56	of	of	ADP
ftr-297	724	57	section	section	NOUN
ftr-297	724	58	734(b	734(b	PROPN
ftr-297	724	59	)	)	PUNCT
ftr-297	724	60	basis	basis	NOUN
ftr-297	724	61	adjustment	adjustment	NOUN
ftr-297	724	62	among	among	ADP
ftr-297	724	63	undistributed	undistributed	ADJ
ftr-297	724	64	partnership	partnership	NOUN
ftr-297	724	65	properties	property	NOUN
ftr-297	724	66	the	the	DET
ftr-297	724	67	adjustment	adjustment	NOUN
ftr-297	724	68	determined	determine	VERB
ftr-297	724	69	under	under	ADP
ftr-297	724	70	section	section	NOUN
ftr-297	724	71	743(b	743(b	PROPN
ftr-297	724	72	)	)	PUNCT
ftr-297	724	73	is	be	AUX
ftr-297	724	74	a	a	DET
ftr-297	724	75	total	total	ADJ
ftr-297	724	76	adjustment	adjustment	NOUN
ftr-297	724	77	to	to	ADP
ftr-297	724	78	the	the	DET
ftr-297	724	79	basis	basis	NOUN
ftr-297	724	80	of	of	ADP
ftr-297	724	81	all	all	DET
ftr-297	724	82	partnership	partnership	NOUN
ftr-297	724	83	property	property	NOUN
ftr-297	724	84	.	.	PUNCT
ftr-297	725	1	the	the	DET
ftr-297	725	2	allocation	allocation	NOUN
ftr-297	725	3	of	of	ADP
ftr-297	725	4	that	that	DET
ftr-297	725	5	total	total	ADJ
ftr-297	725	6	adjustment	adjustment	NOUN
ftr-297	725	7	among	among	ADP
ftr-297	725	8	the	the	DET
ftr-297	725	9	various	various	ADJ
ftr-297	725	10	undistributed	undistributed	ADJ
ftr-297	725	11	properties	property	NOUN
ftr-297	725	12	is	be	AUX
ftr-297	725	13	determined	determine	VERB
ftr-297	725	14	according	accord	VERB
ftr-297	725	15	to	to	ADP
ftr-297	725	16	section	section	NOUN
ftr-297	725	17	755,93	755,93	NUM
ftr-297	725	18	which	which	PRON
ftr-297	725	19	,	,	PUNCT
ftr-297	725	20	as	as	ADP
ftr-297	725	21	in	in	ADP
ftr-297	725	22	the	the	DET
ftr-297	725	23	case	case	NOUN
ftr-297	725	24	of	of	ADP
ftr-297	725	25	the	the	DET
ftr-297	725	26	allocation	allocation	NOUN
ftr-297	725	27	of	of	ADP
ftr-297	725	28	a	a	DET
ftr-297	725	29	section	section	NOUN
ftr-297	725	30	743(b	743(b	NOUN
ftr-297	725	31	)	)	PUNCT
ftr-297	725	32	adjustment	adjustment	NOUN
ftr-297	725	33	,	,	PUNCT
ftr-297	725	34	requires	require	VERB
ftr-297	725	35	a	a	DET
ftr-297	725	36	segregation	segregation	NOUN
ftr-297	725	37	of	of	ADP
ftr-297	725	38	the	the	DET
ftr-297	725	39	total	total	ADJ
ftr-297	725	40	basis	basis	NOUN
ftr-297	725	41	adjustment	adjustment	NOUN
ftr-297	725	42	between	between	ADP
ftr-297	725	43	two	two	NUM
ftr-297	725	44	classes	class	NOUN
ftr-297	725	45	of	of	ADP
ftr-297	725	46	property	property	NOUN
ftr-297	725	47	-	-	PUNCT
ftr-297	725	48	capital	capital	NOUN
ftr-297	725	49	assets	asset	NOUN
ftr-297	725	50	and	and	CCONJ
ftr-297	725	51	other	other	ADJ
ftr-297	725	52	property	property	NOUN
ftr-297	725	53	.	.	PUNCT
ftr-297	726	1	the	the	DET
ftr-297	726	2	allocation	allocation	NOUN
ftr-297	726	3	of	of	ADP
ftr-297	726	4	a	a	DET
ftr-297	726	5	section	section	NOUN
ftr-297	726	6	755(b	755(b	PROPN
ftr-297	726	7	)	)	PUNCT
ftr-297	726	8	adjustment	adjustment	NOUN
ftr-297	726	9	raises	raise	VERB
ftr-297	726	10	a	a	DET
ftr-297	726	11	question	question	NOUN
ftr-297	726	12	of	of	ADP
ftr-297	726	13	grammatical	grammatical	ADJ
ftr-297	726	14	interpretation	interpretation	NOUN
ftr-297	726	15	.	.	PUNCT
ftr-297	727	1	the	the	DET
ftr-297	727	2	statute	statute	NOUN
ftr-297	727	3	provides	provide	VERB
ftr-297	727	4	that	that	PRON
ftr-297	727	5	:	:	PUNCT
ftr-297	727	6	"	"	PUNCT
ftr-297	727	7	increases	increase	NOUN
ftr-297	727	8	or	or	CCONJ
ftr-297	727	9	decreases	decrease	NOUN
ftr-297	727	10	in	in	ADP
ftr-297	727	11	the	the	DET
ftr-297	727	12	adjusted	adjusted	ADJ
ftr-297	727	13	basis	basis	NOUN
ftr-297	727	14	of	of	ADP
ftr-297	727	15	partnership	partnership	NOUN
ftr-297	727	16	property	property	NOUN
ftr-297	727	17	arising	arise	VERB
ftr-297	727	18	from	from	ADP
ftr-297	727	19	a	a	DET
ftr-297	727	20	distribution	distribution	NOUN
ftr-297	727	21	of	of	ADP
ftr-297	727	22	,	,	PUNCT
ftr-297	727	23	or	or	CCONJ
ftr-297	727	24	a	a	DET
ftr-297	727	25	transfer	transfer	NOUN
ftr-297	727	26	of	of	ADP
ftr-297	727	27	an	an	DET
ftr-297	727	28	interest	interest	NOUN
ftr-297	727	29	attributable	attributable	ADJ
ftr-297	727	30	to	to	ADP
ftr-297	727	31	,	,	PUNCT
ftr-297	727	32	property	property	NOUN
ftr-297	727	33	consisting	consist	VERB
ftr-297	727	34	of-(1	of-(1	NOUN
ftr-297	727	35	)	)	PUNCT
ftr-297	727	36	capital	capital	NOUN
ftr-297	727	37	assets	asset	NOUN
ftr-297	727	38	and	and	CCONJ
ftr-297	727	39	property	property	NOUN
ftr-297	727	40	described	describe	VERB
ftr-297	727	41	in	in	ADP
ftr-297	727	42	section	section	NOUN
ftr-297	727	43	1231(b	1231(b	NUM
ftr-297	727	44	)	)	PUNCT
ftr-297	727	45	,	,	PUNCT
ftr-297	727	46	or	or	CCONJ
ftr-297	727	47	(	(	PUNCT
ftr-297	727	48	2	2	X
ftr-297	727	49	)	)	PUNCT
ftr-297	727	50	any	any	DET
ftr-297	727	51	other	other	ADJ
ftr-297	727	52	property	property	NOUN
ftr-297	727	53	of	of	ADP
ftr-297	727	54	the	the	DET
ftr-297	727	55	partnership	partnership	NOUN
ftr-297	727	56	,	,	PUNCT
ftr-297	727	57	shall	shall	AUX
ftr-297	727	58	be	be	AUX
ftr-297	727	59	allocated	allocate	VERB
ftr-297	727	60	to	to	AUX
ftr-297	727	61	partnership	partnership	NOUN
ftr-297	727	62	property	property	NOUN
ftr-297	727	63	of	of	ADP
ftr-297	727	64	a	a	DET
ftr-297	727	65	like	like	ADJ
ftr-297	727	66	character	character	NOUN
ftr-297	727	67	....	....	PUNCT
ftr-297	727	68	"	"	PUNCT
ftr-297	727	69	whether	whether	SCONJ
ftr-297	727	70	the	the	DET
ftr-297	727	71	adjustment	adjustment	NOUN
ftr-297	727	72	is	be	AUX
ftr-297	727	73	allocated	allocate	VERB
ftr-297	727	74	to	to	ADP
ftr-297	727	75	the	the	DET
ftr-297	727	76	same	same	ADJ
ftr-297	727	77	class	class	NOUN
ftr-297	727	78	of	of	ADP
ftr-297	727	79	property	property	NOUN
ftr-297	727	80	as	as	ADP
ftr-297	727	81	the	the	DET
ftr-297	727	82	property	property	NOUN
ftr-297	727	83	distributed	distribute	VERB
ftr-297	727	84	or	or	CCONJ
ftr-297	727	85	to	to	ADP
ftr-297	727	86	the	the	DET
ftr-297	727	87	class	class	NOUN
ftr-297	727	88	of	of	ADP
ftr-297	727	89	property	property	NOUN
ftr-297	727	90	to	to	PART
ftr-297	727	91	which	which	PRON
ftr-297	727	92	the	the	DET
ftr-297	727	93	increase	increase	NOUN
ftr-297	727	94	or	or	CCONJ
ftr-297	727	95	decrease	decrease	NOUN
ftr-297	727	96	is	be	AUX
ftr-297	727	97	attributable	attributable	ADJ
ftr-297	727	98	is	be	AUX
ftr-297	727	99	unclear	unclear	ADJ
ftr-297	727	100	from	from	ADP
ftr-297	727	101	the	the	DET
ftr-297	727	102	peculiar	peculiar	ADJ
ftr-297	727	103	sentence	sentence	NOUN
ftr-297	727	104	construction	construction	NOUN
ftr-297	727	105	of	of	ADP
ftr-297	727	106	the	the	DET
ftr-297	727	107	provision	provision	NOUN
ftr-297	727	108	.	.	PUNCT
ftr-297	728	1	allocation	allocation	NOUN
ftr-297	728	2	to	to	ADP
ftr-297	728	3	the	the	DET
ftr-297	728	4	same	same	ADJ
ftr-297	728	5	class	class	NOUN
ftr-297	728	6	as	as	SCONJ
ftr-297	728	7	the	the	DET
ftr-297	728	8	property	property	NOUN
ftr-297	728	9	distributed	distribute	VERB
ftr-297	728	10	produces	produce	VERB
ftr-297	728	11	distortions	distortion	NOUN
ftr-297	728	12	.	.	PUNCT
ftr-297	729	1	allocation	allocation	NOUN
ftr-297	729	2	to	to	ADP
ftr-297	729	3	the	the	DET
ftr-297	729	4	class	class	NOUN
ftr-297	729	5	of	of	ADP
ftr-297	729	6	property	property	NOUN
ftr-297	729	7	to	to	PART
ftr-297	729	8	which	which	PRON
ftr-297	729	9	the	the	DET
ftr-297	729	10	adjustment	adjustment	NOUN
ftr-297	729	11	is	be	AUX
ftr-297	729	12	attributable	attributable	ADJ
ftr-297	729	13	produces	produce	VERB
ftr-297	729	14	an	an	DET
ftr-297	729	15	apparently	apparently	ADV
ftr-297	729	16	logical	logical	ADJ
ftr-297	729	17	result	result	NOUN
ftr-297	729	18	.	.	PUNCT
ftr-297	730	1	this	this	DET
ftr-297	730	2	latter	latter	ADJ
ftr-297	730	3	interpretation	interpretation	NOUN
ftr-297	730	4	,	,	PUNCT
ftr-297	730	5	however	however	ADV
ftr-297	730	6	,	,	PUNCT
ftr-297	730	7	is	be	AUX
ftr-297	730	8	contrary	contrary	ADJ
ftr-297	730	9	to	to	ADP
ftr-297	730	10	the	the	DET
ftr-297	730	11	grammatical	grammatical	ADJ
ftr-297	730	12	construction	construction	NOUN
ftr-297	730	13	of	of	ADP
ftr-297	730	14	the	the	DET
ftr-297	730	15	sentence	sentence	NOUN
ftr-297	730	16	by	by	ADP
ftr-297	730	17	the	the	DET
ftr-297	730	18	treasury	treasury	NOUN
ftr-297	730	19	.	.	PUNCT
ftr-297	731	1	the	the	DET
ftr-297	731	2	treasury	treasury	PROPN
ftr-297	731	3	has	have	AUX
ftr-297	731	4	issued	issue	VERB
ftr-297	731	5	brief	brief	ADJ
ftr-297	731	6	regulations	regulation	NOUN
ftr-297	731	7	setting	set	VERB
ftr-297	731	8	forth	forth	ADP
ftr-297	731	9	rules	rule	NOUN
ftr-297	731	10	for	for	ADP
ftr-297	731	11	the	the	DET
ftr-297	731	12	allocation	allocation	NOUN
ftr-297	731	13	of	of	ADP
ftr-297	731	14	section	section	NOUN
ftr-297	731	15	734(b	734(b	PROPN
ftr-297	731	16	)	)	PUNCT
ftr-297	731	17	basis	basis	NOUN
ftr-297	731	18	adjustments.94	adjustments.94	NOUN
ftr-297	731	19	the	the	DET
ftr-297	731	20	rules	rule	NOUN
ftr-297	731	21	provide	provide	VERB
ftr-297	731	22	that	that	SCONJ
ftr-297	731	23	the	the	DET
ftr-297	731	24	basis	basis	NOUN
ftr-297	731	25	adjustment	adjustment	NOUN
ftr-297	731	26	is	be	AUX
ftr-297	731	27	first	first	ADV
ftr-297	731	28	allocated	allocate	VERB
ftr-297	731	29	between	between	ADP
ftr-297	731	30	the	the	DET
ftr-297	731	31	two	two	NUM
ftr-297	731	32	classes	class	NOUN
ftr-297	731	33	of	of	ADP
ftr-297	731	34	propertycapital	propertycapital	ADJ
ftr-297	731	35	assets	asset	NOUN
ftr-297	731	36	and	and	CCONJ
ftr-297	731	37	other	other	ADJ
ftr-297	731	38	property	property	NOUN
ftr-297	731	39	.	.	PUNCT
ftr-297	732	1	where	where	SCONJ
ftr-297	732	2	there	there	PRON
ftr-297	732	3	is	be	VERB
ftr-297	732	4	a	a	DET
ftr-297	732	5	distribution	distribution	NOUN
ftr-297	732	6	of	of	ADP
ftr-297	732	7	partnership	partnership	NOUN
ftr-297	732	8	property	property	NOUN
ftr-297	732	9	resulting	result	VERB
ftr-297	732	10	in	in	ADP
ftr-297	732	11	an	an	DET
ftr-297	732	12	adjustment	adjustment	NOUN
ftr-297	732	13	to	to	ADP
ftr-297	732	14	the	the	DET
ftr-297	732	15	basis	basis	NOUN
ftr-297	732	16	of	of	ADP
ftr-297	732	17	undistributed	undistributed	ADJ
ftr-297	732	18	partnership	partnership	NOUN
ftr-297	732	19	property	property	NOUN
ftr-297	732	20	,	,	PUNCT
ftr-297	732	21	the	the	DET
ftr-297	732	22	adjustment	adjustment	NOUN
ftr-297	732	23	must	must	AUX
ftr-297	732	24	be	be	AUX
ftr-297	732	25	allocated	allocate	VERB
ftr-297	732	26	to	to	ADP
ftr-297	732	27	remaining	remain	VERB
ftr-297	732	28	partnership	partnership	NOUN
ftr-297	732	29	property	property	NOUN
ftr-297	732	30	of	of	ADP
ftr-297	732	31	a	a	DET
ftr-297	732	32	character	character	NOUN
ftr-297	732	33	similar	similar	ADJ
ftr-297	732	34	to	to	ADP
ftr-297	732	35	that	that	PRON
ftr-297	732	36	of	of	ADP
ftr-297	732	37	the	the	DET
ftr-297	732	38	distributed	distribute	VERB
ftr-297	732	39	property	property	NOUN
ftr-297	732	40	with	with	ADP
ftr-297	732	41	respect	respect	NOUN
ftr-297	732	42	to	to	ADP
ftr-297	732	43	which	which	PRON
ftr-297	732	44	the	the	DET
ftr-297	732	45	adjustment	adjustment	NOUN
ftr-297	732	46	arose	arise	VERB
ftr-297	732	47	.	.	PUNCT
ftr-297	733	1	thus	thus	ADV
ftr-297	733	2	,	,	PUNCT
ftr-297	733	3	when	when	SCONJ
ftr-297	733	4	the	the	DET
ftr-297	733	5	partnership	partnership	NOUN
ftr-297	733	6	's	's	PART
ftr-297	733	7	adjusted	adjusted	ADJ
ftr-297	733	8	basis	basis	NOUN
ftr-297	733	9	of	of	ADP
ftr-297	733	10	distributed	distribute	VERB
ftr-297	733	11	capital	capital	NOUN
ftr-297	733	12	gain	gain	VERB
ftr-297	733	13	property	property	NOUN
ftr-297	733	14	immediately	immediately	ADV
ftr-297	733	15	prior	prior	ADV
ftr-297	733	16	to	to	ADP
ftr-297	733	17	distribution	distribution	NOUN
ftr-297	733	18	exceeds	exceed	VERB
ftr-297	733	19	the	the	DET
ftr-297	733	20	basis	basis	NOUN
ftr-297	733	21	for	for	ADP
ftr-297	733	22	the	the	DET
ftr-297	733	23	property	property	NOUN
ftr-297	733	24	to	to	ADP
ftr-297	733	25	the	the	DET
ftr-297	733	26	distributee	distributee	NOUN
ftr-297	733	27	partner	partner	NOUN
ftr-297	733	28	(	(	PUNCT
ftr-297	733	29	as	as	SCONJ
ftr-297	733	30	determined	determine	VERB
ftr-297	733	31	under	under	ADP
ftr-297	733	32	section	section	NOUN
ftr-297	733	33	93	93	NUM
ftr-297	733	34	.	.	PUNCT
ftr-297	734	1	see	see	VERB
ftr-297	734	2	rini	rini	NOUN
ftr-297	734	3	-	-	NOUN
ftr-297	734	4	swyers	swyer	NOUN
ftr-297	734	5	,	,	PUNCT
ftr-297	734	6	supra	supra	PROPN
ftr-297	734	7	note	note	PROPN
ftr-297	734	8	71	71	NUM
ftr-297	734	9	;	;	PUNCT
ftr-297	734	10	abrams	abram	NOUN
ftr-297	734	11	,	,	PUNCT
ftr-297	734	12	supra	supra	PROPN
ftr-297	734	13	note	note	PROPN
ftr-297	734	14	1	1	NUM
ftr-297	734	15	;	;	PUNCT
ftr-297	734	16	and	and	CCONJ
ftr-297	734	17	burke	burke	PROPN
ftr-297	734	18	,	,	PUNCT
ftr-297	734	19	supra	supra	PROPN
ftr-297	734	20	note	note	NOUN
ftr-297	734	21	1	1	NUM
ftr-297	734	22	.	.	SYM
ftr-297	734	23	94	94	NUM
ftr-297	734	24	.	.	PUNCT
ftr-297	735	1	reg	reg	NOUN
ftr-297	735	2	.	.	PUNCT
ftr-297	736	1	§	§	PROPN
ftr-297	736	2	1.755	1.755	NUM
ftr-297	736	3	-	-	SYM
ftr-297	736	4	1(c	1(c	NUM
ftr-297	736	5	)	)	PUNCT
ftr-297	736	6	.	.	PUNCT
ftr-297	737	1	140	140	NUM
ftr-297	738	1	[	[	X
ftr-297	738	2	vol	vol	NOUN
ftr-297	738	3	.	.	PUNCT
ftr-297	739	1	15:3	15:3	NUM
ftr-297	739	2	optional	optional	ADJ
ftr-297	739	3	basis	basis	NOUN
ftr-297	739	4	adjustments	adjustment	NOUN
ftr-297	739	5	under	under	ADP
ftr-297	739	6	subchapter	subchapter	NOUN
ftr-297	739	7	k	k	PROPN
ftr-297	739	8	732	732	NUM
ftr-297	739	9	)	)	PUNCT
ftr-297	739	10	,	,	PUNCT
ftr-297	739	11	the	the	DET
ftr-297	739	12	basis	basis	NOUN
ftr-297	739	13	for	for	ADP
ftr-297	739	14	the	the	DET
ftr-297	739	15	remaining	remain	VERB
ftr-297	739	16	capital	capital	NOUN
ftr-297	739	17	assets	asset	NOUN
ftr-297	739	18	is	be	AUX
ftr-297	739	19	increased	increase	VERB
ftr-297	739	20	by	by	ADP
ftr-297	739	21	an	an	DET
ftr-297	739	22	amount	amount	NOUN
ftr-297	739	23	equal	equal	ADJ
ftr-297	739	24	to	to	ADP
ftr-297	739	25	the	the	DET
ftr-297	739	26	excess	excess	NOUN
ftr-297	739	27	.	.	PUNCT
ftr-297	740	1	conversely	conversely	ADV
ftr-297	740	2	,	,	PUNCT
ftr-297	740	3	when	when	SCONJ
ftr-297	740	4	the	the	DET
ftr-297	740	5	basis	basis	NOUN
ftr-297	740	6	to	to	ADP
ftr-297	740	7	the	the	DET
ftr-297	740	8	distributee	distributee	NOUN
ftr-297	740	9	partner	partner	NOUN
ftr-297	740	10	(	(	PUNCT
ftr-297	740	11	as	as	SCONJ
ftr-297	740	12	determined	determine	VERB
ftr-297	740	13	under	under	ADP
ftr-297	740	14	section	section	NOUN
ftr-297	740	15	732	732	NUM
ftr-297	740	16	)	)	PUNCT
ftr-297	740	17	of	of	ADP
ftr-297	740	18	distributed	distribute	VERB
ftr-297	740	19	capital	capital	NOUN
ftr-297	740	20	gain	gain	NOUN
ftr-297	740	21	property	property	NOUN
ftr-297	740	22	exceeds	exceed	VERB
ftr-297	740	23	the	the	DET
ftr-297	740	24	partnership	partnership	NOUN
ftr-297	740	25	's	's	PART
ftr-297	740	26	adjusted	adjusted	ADJ
ftr-297	740	27	basis	basis	NOUN
ftr-297	740	28	for	for	ADP
ftr-297	740	29	such	such	ADJ
ftr-297	740	30	property	property	NOUN
ftr-297	740	31	immediately	immediately	ADV
ftr-297	740	32	prior	prior	ADV
ftr-297	740	33	to	to	ADP
ftr-297	740	34	the	the	DET
ftr-297	740	35	distribution	distribution	NOUN
ftr-297	740	36	,	,	PUNCT
ftr-297	740	37	the	the	DET
ftr-297	740	38	basis	basis	NOUN
ftr-297	740	39	of	of	ADP
ftr-297	740	40	the	the	DET
ftr-297	740	41	remaining	remain	VERB
ftr-297	740	42	capital	capital	NOUN
ftr-297	740	43	assets	asset	NOUN
ftr-297	740	44	in	in	ADP
ftr-297	740	45	the	the	DET
ftr-297	740	46	partnership	partnership	NOUN
ftr-297	740	47	is	be	AUX
ftr-297	740	48	decreased	decrease	VERB
ftr-297	740	49	by	by	ADP
ftr-297	740	50	an	an	DET
ftr-297	740	51	amount	amount	NOUN
ftr-297	740	52	equal	equal	ADJ
ftr-297	740	53	to	to	ADP
ftr-297	740	54	such	such	ADJ
ftr-297	740	55	excess	excess	NOUN
ftr-297	740	56	.	.	PUNCT
ftr-297	741	1	similar	similar	ADJ
ftr-297	741	2	adjustments	adjustment	NOUN
ftr-297	741	3	would	would	AUX
ftr-297	741	4	be	be	AUX
ftr-297	741	5	made	make	VERB
ftr-297	741	6	with	with	ADP
ftr-297	741	7	respect	respect	NOUN
ftr-297	741	8	to	to	ADP
ftr-297	741	9	any	any	DET
ftr-297	741	10	distribution	distribution	NOUN
ftr-297	741	11	of	of	ADP
ftr-297	741	12	other	other	ADJ
ftr-297	741	13	property	property	NOUN
ftr-297	741	14	,	,	PUNCT
ftr-297	741	15	i.e.	i.e.	X
ftr-297	741	16	,	,	PUNCT
ftr-297	741	17	the	the	DET
ftr-297	741	18	adjustment	adjustment	NOUN
ftr-297	741	19	would	would	AUX
ftr-297	741	20	be	be	AUX
ftr-297	741	21	made	make	VERB
ftr-297	741	22	only	only	ADV
ftr-297	741	23	to	to	ADP
ftr-297	741	24	property	property	NOUN
ftr-297	741	25	of	of	ADP
ftr-297	741	26	the	the	DET
ftr-297	741	27	same	same	ADJ
ftr-297	741	28	class	class	NOUN
ftr-297	741	29	.	.	PUNCT
ftr-297	742	1	however	however	ADV
ftr-297	742	2	,	,	PUNCT
ftr-297	742	3	where	where	SCONJ
ftr-297	742	4	there	there	PRON
ftr-297	742	5	is	be	VERB
ftr-297	742	6	a	a	DET
ftr-297	742	7	distribution	distribution	NOUN
ftr-297	742	8	resulting	result	VERB
ftr-297	742	9	in	in	ADP
ftr-297	742	10	an	an	DET
ftr-297	742	11	adjustment	adjustment	NOUN
ftr-297	742	12	to	to	ADP
ftr-297	742	13	the	the	DET
ftr-297	742	14	basis	basis	NOUN
ftr-297	742	15	of	of	ADP
ftr-297	742	16	undistributed	undistributed	ADJ
ftr-297	742	17	partnership	partnership	NOUN
ftr-297	742	18	property	property	NOUN
ftr-297	742	19	(	(	PUNCT
ftr-297	742	20	due	due	ADP
ftr-297	742	21	to	to	PART
ftr-297	742	22	gain	gain	VERB
ftr-297	742	23	or	or	CCONJ
ftr-297	742	24	loss	loss	NOUN
ftr-297	742	25	recognized	recognize	VERB
ftr-297	742	26	by	by	ADP
ftr-297	742	27	the	the	DET
ftr-297	742	28	distributee	distributee	PROPN
ftr-297	742	29	partner	partner	NOUN
ftr-297	742	30	)	)	PUNCT
ftr-297	742	31	,	,	PUNCT
ftr-297	742	32	the	the	DET
ftr-297	742	33	adjustment	adjustment	NOUN
ftr-297	742	34	is	be	AUX
ftr-297	742	35	allocated	allocate	VERB
ftr-297	742	36	only	only	ADV
ftr-297	742	37	to	to	ADP
ftr-297	742	38	capital	capital	NOUN
ftr-297	742	39	gain	gain	VERB
ftr-297	742	40	property	property	NOUN
ftr-297	742	41	.	.	PUNCT
ftr-297	743	1	the	the	DET
ftr-297	743	2	practical	practical	ADJ
ftr-297	743	3	effect	effect	NOUN
ftr-297	743	4	of	of	ADP
ftr-297	743	5	this	this	DET
ftr-297	743	6	rule	rule	NOUN
ftr-297	743	7	is	be	AUX
ftr-297	743	8	to	to	PART
ftr-297	743	9	treat	treat	VERB
ftr-297	743	10	distributions	distribution	NOUN
ftr-297	743	11	that	that	PRON
ftr-297	743	12	result	result	VERB
ftr-297	743	13	in	in	ADP
ftr-297	743	14	capital	capital	NOUN
ftr-297	743	15	gain	gain	NOUN
ftr-297	743	16	as	as	ADP
ftr-297	743	17	giving	give	VERB
ftr-297	743	18	rise	rise	NOUN
ftr-297	743	19	to	to	ADP
ftr-297	743	20	an	an	DET
ftr-297	743	21	increase	increase	NOUN
ftr-297	743	22	in	in	ADP
ftr-297	743	23	the	the	DET
ftr-297	743	24	basis	basis	NOUN
ftr-297	743	25	of	of	ADP
ftr-297	743	26	assets	asset	NOUN
ftr-297	743	27	the	the	DET
ftr-297	743	28	income	income	NOUN
ftr-297	743	29	from	from	ADP
ftr-297	743	30	which	which	PRON
ftr-297	743	31	would	would	AUX
ftr-297	743	32	be	be	AUX
ftr-297	743	33	capital	capital	NOUN
ftr-297	743	34	in	in	ADP
ftr-297	743	35	nature	nature	NOUN
ftr-297	743	36	.	.	PUNCT
ftr-297	744	1	9	9	NUM
ftr-297	744	2	nevertheless	nevertheless	ADV
ftr-297	744	3	,	,	PUNCT
ftr-297	744	4	focusing	focus	VERB
ftr-297	744	5	upon	upon	SCONJ
ftr-297	744	6	the	the	DET
ftr-297	744	7	nature	nature	NOUN
ftr-297	744	8	of	of	ADP
ftr-297	744	9	the	the	DET
ftr-297	744	10	property	property	NOUN
ftr-297	744	11	distributed	distribute	VERB
ftr-297	744	12	rather	rather	ADV
ftr-297	744	13	than	than	ADP
ftr-297	744	14	the	the	DET
ftr-297	744	15	property	property	NOUN
ftr-297	744	16	responsible	responsible	ADJ
ftr-297	744	17	for	for	ADP
ftr-297	744	18	the	the	DET
ftr-297	744	19	appreciation	appreciation	NOUN
ftr-297	744	20	or	or	CCONJ
ftr-297	744	21	deprecation	deprecation	NOUN
ftr-297	744	22	may	may	AUX
ftr-297	744	23	cause	cause	VERB
ftr-297	744	24	basis	basis	NOUN
ftr-297	744	25	distortion	distortion	NOUN
ftr-297	744	26	.	.	PUNCT
ftr-297	745	1	if	if	SCONJ
ftr-297	745	2	there	there	PRON
ftr-297	745	3	is	be	VERB
ftr-297	745	4	an	an	DET
ftr-297	745	5	increase	increase	NOUN
ftr-297	745	6	in	in	ADP
ftr-297	745	7	basis	basis	NOUN
ftr-297	745	8	to	to	PART
ftr-297	745	9	be	be	AUX
ftr-297	745	10	allocated	allocate	VERB
ftr-297	745	11	within	within	ADP
ftr-297	745	12	a	a	DET
ftr-297	745	13	class	class	NOUN
ftr-297	745	14	of	of	ADP
ftr-297	745	15	property	property	NOUN
ftr-297	745	16	,	,	PUNCT
ftr-297	745	17	the	the	DET
ftr-297	745	18	section	section	NOUN
ftr-297	745	19	755	755	NUM
ftr-297	745	20	regulations	regulation	NOUN
ftr-297	745	21	provide	provide	VERB
ftr-297	745	22	that	that	SCONJ
ftr-297	745	23	it	it	PRON
ftr-297	745	24	must	must	AUX
ftr-297	745	25	be	be	AUX
ftr-297	745	26	allocated	allocate	VERB
ftr-297	745	27	first	first	ADV
ftr-297	745	28	to	to	ADP
ftr-297	745	29	properties	property	NOUN
ftr-297	745	30	with	with	ADP
ftr-297	745	31	unrealized	unrealized	ADJ
ftr-297	745	32	appreciation	appreciation	NOUN
ftr-297	745	33	in	in	ADP
ftr-297	745	34	proportion	proportion	NOUN
ftr-297	745	35	to	to	ADP
ftr-297	745	36	their	their	PRON
ftr-297	745	37	respective	respective	ADJ
ftr-297	745	38	amounts	amount	NOUN
ftr-297	745	39	of	of	ADP
ftr-297	745	40	unrealized	unrealized	ADJ
ftr-297	745	41	appreciation	appreciation	NOUN
ftr-297	745	42	before	before	ADP
ftr-297	745	43	such	such	ADJ
ftr-297	745	44	increase	increase	NOUN
ftr-297	745	45	(	(	PUNCT
ftr-297	745	46	but	but	CCONJ
ftr-297	745	47	only	only	ADV
ftr-297	745	48	to	to	ADP
ftr-297	745	49	the	the	DET
ftr-297	745	50	extent	extent	NOUN
ftr-297	745	51	of	of	ADP
ftr-297	745	52	each	each	DET
ftr-297	745	53	property	property	NOUN
ftr-297	745	54	's	's	PART
ftr-297	745	55	unrealized	unrealized	ADJ
ftr-297	745	56	appreciation	appreciation	NOUN
ftr-297	745	57	)	)	PUNCT
ftr-297	745	58	.	.	PUNCT
ftr-297	746	1	any	any	DET
ftr-297	746	2	remaining	remain	VERB
ftr-297	746	3	increase	increase	NOUN
ftr-297	746	4	must	must	AUX
ftr-297	746	5	be	be	AUX
ftr-297	746	6	allocated	allocate	VERB
ftr-297	746	7	among	among	ADP
ftr-297	746	8	the	the	DET
ftr-297	746	9	properties	property	NOUN
ftr-297	746	10	within	within	ADP
ftr-297	746	11	the	the	DET
ftr-297	746	12	class	class	NOUN
ftr-297	746	13	in	in	ADP
ftr-297	746	14	proportion	proportion	NOUN
ftr-297	746	15	to	to	ADP
ftr-297	746	16	their	their	PRON
ftr-297	746	17	fair	fair	ADJ
ftr-297	746	18	market	market	NOUN
ftr-297	746	19	values	value	NOUN
ftr-297	746	20	.	.	PUNCT
ftr-297	747	1	if	if	SCONJ
ftr-297	747	2	there	there	PRON
ftr-297	747	3	is	be	VERB
ftr-297	747	4	a	a	DET
ftr-297	747	5	decrease	decrease	NOUN
ftr-297	747	6	in	in	ADP
ftr-297	747	7	basis	basis	NOUN
ftr-297	747	8	to	to	PART
ftr-297	747	9	be	be	AUX
ftr-297	747	10	allocated	allocate	VERB
ftr-297	747	11	within	within	ADP
ftr-297	747	12	a	a	DET
ftr-297	747	13	class	class	NOUN
ftr-297	747	14	,	,	PUNCT
ftr-297	747	15	it	it	PRON
ftr-297	747	16	must	must	AUX
ftr-297	747	17	be	be	AUX
ftr-297	747	18	allocated	allocate	VERB
ftr-297	747	19	first	first	ADV
ftr-297	747	20	to	to	ADP
ftr-297	747	21	properties	property	NOUN
ftr-297	747	22	with	with	ADP
ftr-297	747	23	unrealized	unrealized	ADJ
ftr-297	747	24	depreciation	depreciation	NOUN
ftr-297	747	25	in	in	ADP
ftr-297	747	26	proportion	proportion	NOUN
ftr-297	747	27	to	to	ADP
ftr-297	747	28	their	their	PRON
ftr-297	747	29	respective	respective	ADJ
ftr-297	747	30	amounts	amount	NOUN
ftr-297	747	31	of	of	ADP
ftr-297	747	32	unrealized	unrealized	ADJ
ftr-297	747	33	depreciation	depreciation	NOUN
ftr-297	747	34	before	before	ADP
ftr-297	747	35	such	such	ADJ
ftr-297	747	36	decrease	decrease	NOUN
ftr-297	747	37	(	(	PUNCT
ftr-297	747	38	but	but	CCONJ
ftr-297	747	39	only	only	ADV
ftr-297	747	40	to	to	ADP
ftr-297	747	41	the	the	DET
ftr-297	747	42	extent	extent	NOUN
ftr-297	747	43	of	of	ADP
ftr-297	747	44	each	each	DET
ftr-297	747	45	property	property	NOUN
ftr-297	747	46	's	's	PART
ftr-297	747	47	unrealized	unrealized	ADJ
ftr-297	747	48	depreciation	depreciation	NOUN
ftr-297	747	49	)	)	PUNCT
ftr-297	747	50	.	.	PUNCT
ftr-297	748	1	any	any	DET
ftr-297	748	2	remaining	remain	VERB
ftr-297	748	3	decrease	decrease	NOUN
ftr-297	748	4	must	must	AUX
ftr-297	748	5	be	be	AUX
ftr-297	748	6	allocated	allocate	VERB
ftr-297	748	7	among	among	ADP
ftr-297	748	8	the	the	DET
ftr-297	748	9	properties	property	NOUN
ftr-297	748	10	within	within	ADP
ftr-297	748	11	the	the	DET
ftr-297	748	12	class	class	NOUN
ftr-297	748	13	in	in	ADP
ftr-297	748	14	proportion	proportion	NOUN
ftr-297	748	15	to	to	ADP
ftr-297	748	16	their	their	PRON
ftr-297	748	17	adjusted	adjust	VERB
ftr-297	748	18	bases	basis	NOUN
ftr-297	748	19	.	.	PUNCT
ftr-297	749	1	however	however	ADV
ftr-297	749	2	,	,	PUNCT
ftr-297	749	3	the	the	DET
ftr-297	749	4	basis	basis	NOUN
ftr-297	749	5	of	of	ADP
ftr-297	749	6	partnership	partnership	NOUN
ftr-297	749	7	property	property	NOUN
ftr-297	749	8	of	of	ADP
ftr-297	749	9	the	the	DET
ftr-297	749	10	required	require	VERB
ftr-297	749	11	character	character	NOUN
ftr-297	749	12	can	can	AUX
ftr-297	749	13	not	not	PART
ftr-297	749	14	be	be	AUX
ftr-297	749	15	reduced	reduce	VERB
ftr-297	749	16	below	below	ADP
ftr-297	749	17	zero	zero	NUM
ftr-297	749	18	.	.	PUNCT
ftr-297	750	1	the	the	DET
ftr-297	750	2	regulations	regulation	NOUN
ftr-297	750	3	contain	contain	VERB
ftr-297	750	4	a	a	DET
ftr-297	750	5	helpful	helpful	ADJ
ftr-297	750	6	example	example	NOUN
ftr-297	750	7	.	.	PUNCT
ftr-297	751	1	assume	assume	VERB
ftr-297	751	2	that	that	SCONJ
ftr-297	751	3	a	a	DET
ftr-297	751	4	,	,	PUNCT
ftr-297	751	5	b	b	NOUN
ftr-297	751	6	,	,	PUNCT
ftr-297	751	7	and	and	CCONJ
ftr-297	751	8	c	c	PROPN
ftr-297	751	9	form	form	VERB
ftr-297	751	10	equal	equal	ADJ
ftr-297	751	11	partnership	partnership	NOUN
ftr-297	751	12	abc	abc	PROPN
ftr-297	751	13	to	to	PART
ftr-297	751	14	which	which	PRON
ftr-297	751	15	a	a	PRON
ftr-297	751	16	contributes	contribute	VERB
ftr-297	751	17	$	$	SYM
ftr-297	751	18	50,000	50,000	NUM
ftr-297	751	19	of	of	ADP
ftr-297	751	20	cash	cash	NOUN
ftr-297	751	21	and	and	CCONJ
ftr-297	751	22	asset	asset	NOUN
ftr-297	751	23	1	1	NUM
ftr-297	751	24	,	,	PUNCT
ftr-297	751	25	capital	capital	NOUN
ftr-297	751	26	gain	gain	VERB
ftr-297	751	27	property	property	NOUN
ftr-297	751	28	with	with	ADP
ftr-297	751	29	a	a	DET
ftr-297	751	30	fair	fair	ADJ
ftr-297	751	31	market	market	NOUN
ftr-297	751	32	value	value	NOUN
ftr-297	751	33	of	of	ADP
ftr-297	751	34	$	$	SYM
ftr-297	751	35	50,000	50,000	NUM
ftr-297	751	36	and	and	CCONJ
ftr-297	751	37	an	an	DET
ftr-297	751	38	adjusted	adjusted	ADJ
ftr-297	751	39	tax	tax	NOUN
ftr-297	751	40	basis	basis	NOUN
ftr-297	751	41	of	of	ADP
ftr-297	751	42	$	$	SYM
ftr-297	751	43	25,000	25,000	NUM
ftr-297	751	44	.	.	PUNCT
ftr-297	752	1	b	b	NOUN
ftr-297	752	2	and	and	CCONJ
ftr-297	752	3	c	c	PROPN
ftr-297	752	4	each	each	PRON
ftr-297	752	5	contribute	contribute	VERB
ftr-297	752	6	$	$	SYM
ftr-297	752	7	100,000	100,000	NUM
ftr-297	752	8	of	of	ADP
ftr-297	752	9	cash	cash	NOUN
ftr-297	752	10	to	to	ADP
ftr-297	752	11	the	the	DET
ftr-297	752	12	partnership	partnership	NOUN
ftr-297	752	13	,	,	PUNCT
ftr-297	752	14	which	which	PRON
ftr-297	752	15	uses	use	VERB
ftr-297	752	16	the	the	DET
ftr-297	752	17	cash	cash	NOUN
ftr-297	752	18	to	to	PART
ftr-297	752	19	purchase	purchase	VERB
ftr-297	752	20	assets	asset	NOUN
ftr-297	752	21	2	2	NUM
ftr-297	752	22	,	,	PUNCT
ftr-297	752	23	3	3	NUM
ftr-297	752	24	,	,	PUNCT
ftr-297	752	25	4	4	NUM
ftr-297	752	26	,	,	PUNCT
ftr-297	752	27	5	5	NUM
ftr-297	752	28	,	,	PUNCT
ftr-297	752	29	and	and	CCONJ
ftr-297	752	30	6	6	NUM
ftr-297	752	31	.	.	PUNCT
ftr-297	753	1	the	the	DET
ftr-297	753	2	latter	latter	ADJ
ftr-297	753	3	three	three	NUM
ftr-297	753	4	assets	asset	NOUN
ftr-297	753	5	are	be	AUX
ftr-297	753	6	ordinary	ordinary	ADJ
ftr-297	753	7	income	income	NOUN
ftr-297	753	8	property	property	NOUN
ftr-297	753	9	.	.	PUNCT
ftr-297	754	1	after	after	ADP
ftr-297	754	2	seven	seven	NUM
ftr-297	754	3	years	year	NOUN
ftr-297	754	4	,	,	PUNCT
ftr-297	754	5	the	the	DET
ftr-297	754	6	95	95	NUM
ftr-297	754	7	.	.	PUNCT
ftr-297	755	1	presumably	presumably	ADV
ftr-297	755	2	,	,	PUNCT
ftr-297	755	3	the	the	DET
ftr-297	755	4	treasury	treasury	NOUN
ftr-297	755	5	was	be	AUX
ftr-297	755	6	concerned	concern	VERB
ftr-297	755	7	that	that	SCONJ
ftr-297	755	8	taxpayers	taxpayer	NOUN
ftr-297	755	9	would	would	AUX
ftr-297	755	10	be	be	AUX
ftr-297	755	11	able	able	ADJ
ftr-297	755	12	to	to	PART
ftr-297	755	13	arbitrage	arbitrage	VERB
ftr-297	755	14	tax	tax	NOUN
ftr-297	755	15	rates	rate	NOUN
ftr-297	755	16	by	by	ADP
ftr-297	755	17	obtaining	obtain	VERB
ftr-297	755	18	capital	capital	NOUN
ftr-297	755	19	gains	gain	NOUN
ftr-297	755	20	for	for	ADP
ftr-297	755	21	the	the	DET
ftr-297	755	22	distributee	distributee	NOUN
ftr-297	755	23	partner	partner	NOUN
ftr-297	755	24	and	and	CCONJ
ftr-297	755	25	a	a	DET
ftr-297	755	26	decrease	decrease	NOUN
ftr-297	755	27	in	in	ADP
ftr-297	755	28	ordinary	ordinary	ADJ
ftr-297	755	29	income	income	NOUN
ftr-297	755	30	for	for	ADP
ftr-297	755	31	the	the	DET
ftr-297	755	32	remaining	remain	VERB
ftr-297	755	33	partners	partner	NOUN
ftr-297	755	34	in	in	ADP
ftr-297	755	35	the	the	DET
ftr-297	755	36	partnership	partnership	NOUN
ftr-297	755	37	.	.	PUNCT
ftr-297	756	1	this	this	DET
ftr-297	756	2	concern	concern	NOUN
ftr-297	756	3	should	should	AUX
ftr-297	756	4	have	have	AUX
ftr-297	756	5	been	be	AUX
ftr-297	756	6	reduced	reduce	VERB
ftr-297	756	7	by	by	ADP
ftr-297	756	8	the	the	DET
ftr-297	756	9	existence	existence	NOUN
ftr-297	756	10	of	of	ADP
ftr-297	756	11	section	section	NOUN
ftr-297	756	12	751(b	751(b	PROPN
ftr-297	756	13	)	)	PUNCT
ftr-297	756	14	which	which	PRON
ftr-297	756	15	would	would	AUX
ftr-297	756	16	apply	apply	VERB
ftr-297	756	17	in	in	ADP
ftr-297	756	18	many	many	ADJ
ftr-297	756	19	of	of	ADP
ftr-297	756	20	such	such	ADJ
ftr-297	756	21	settings	setting	NOUN
ftr-297	756	22	,	,	PUNCT
ftr-297	756	23	forcing	force	VERB
ftr-297	756	24	a	a	DET
ftr-297	756	25	basis	basis	NOUN
ftr-297	756	26	increase	increase	NOUN
ftr-297	756	27	or	or	CCONJ
ftr-297	756	28	decrease	decrease	VERB
ftr-297	756	29	because	because	SCONJ
ftr-297	756	30	it	it	PRON
ftr-297	756	31	treats	treat	VERB
ftr-297	756	32	some	some	PRON
ftr-297	756	33	or	or	CCONJ
ftr-297	756	34	all	all	PRON
ftr-297	756	35	of	of	ADP
ftr-297	756	36	the	the	DET
ftr-297	756	37	transaction	transaction	NOUN
ftr-297	756	38	as	as	ADP
ftr-297	756	39	a	a	DET
ftr-297	756	40	sale	sale	NOUN
ftr-297	756	41	.	.	PUNCT
ftr-297	757	1	96	96	NUM
ftr-297	757	2	.	.	PUNCT
ftr-297	758	1	reg	reg	NOUN
ftr-297	758	2	.	.	PUNCT
ftr-297	759	1	§	§	PROPN
ftr-297	759	2	1.755	1.755	NUM
ftr-297	759	3	-	-	PUNCT
ftr-297	759	4	l(c)(6	l(c)(6	NOUN
ftr-297	759	5	)	)	PUNCT
ftr-297	759	6	,	,	PUNCT
ftr-297	759	7	ex	ex	NOUN
ftr-297	759	8	.	.	NOUN
ftr-297	759	9	2014	2014	NUM
ftr-297	759	10	]	]	PUNCT
ftr-297	759	11	141	141	NUM
ftr-297	759	12	florida	florida	PROPN
ftr-297	759	13	tax	tax	NOUN
ftr-297	759	14	review	review	NOUN
ftr-297	759	15	adjusted	adjust	VERB
ftr-297	759	16	basis	basis	NOUN
ftr-297	759	17	and	and	CCONJ
ftr-297	759	18	fair	fair	ADJ
ftr-297	759	19	market	market	NOUN
ftr-297	759	20	value	value	NOUN
ftr-297	759	21	of	of	ADP
ftr-297	759	22	the	the	DET
ftr-297	759	23	partnership	partnership	NOUN
ftr-297	759	24	's	's	PART
ftr-297	759	25	assets	asset	NOUN
ftr-297	759	26	are	be	AUX
ftr-297	759	27	as	as	SCONJ
ftr-297	759	28	follows	follow	VERB
ftr-297	759	29	:	:	PUNCT
ftr-297	760	1	capital	capital	NOUN
ftr-297	760	2	assets	asset	NOUN
ftr-297	760	3	:	:	PUNCT
ftr-297	760	4	adjusted	adjust	VERB
ftr-297	760	5	basis	basis	NOUN
ftr-297	760	6	fair	fair	ADJ
ftr-297	760	7	market	market	NOUN
ftr-297	760	8	value	value	NOUN
ftr-297	760	9	asset	asset	NOUN
ftr-297	760	10	1	1	NUM
ftr-297	760	11	$	$	SYM
ftr-297	760	12	25,000	25,000	NUM
ftr-297	760	13	$	$	SYM
ftr-297	760	14	75,000	75,000	NUM
ftr-297	760	15	asset	asset	NOUN
ftr-297	760	16	2	2	NUM
ftr-297	760	17	100,000	100,000	NUM
ftr-297	760	18	117,500	117,500	NUM
ftr-297	760	19	asset	asset	NOUN
ftr-297	760	20	3	3	NUM
ftr-297	760	21	50,000	50,000	NUM
ftr-297	760	22	60,000	60,000	NUM
ftr-297	760	23	other	other	ADJ
ftr-297	760	24	property	property	NOUN
ftr-297	760	25	asset	asset	NOUN
ftr-297	760	26	4	4	NUM
ftr-297	760	27	40,000	40,000	NUM
ftr-297	760	28	45,000	45,000	NUM
ftr-297	760	29	asset	asset	NOUN
ftr-297	760	30	5	5	NUM
ftr-297	760	31	50,000	50,000	NUM
ftr-297	760	32	60,000	60,000	NUM
ftr-297	760	33	asset	asset	NOUN
ftr-297	760	34	6	6	NUM
ftr-297	760	35	10,000	10,000	NUM
ftr-297	760	36	2.500	2.500	NUM
ftr-297	760	37	total	total	ADJ
ftr-297	760	38	$	$	SYM
ftr-297	760	39	275,000	275,000	NUM
ftr-297	760	40	$	$	SYM
ftr-297	760	41	360,000	360,000	NUM
ftr-297	760	42	assume	assume	VERB
ftr-297	760	43	that	that	SCONJ
ftr-297	760	44	the	the	DET
ftr-297	760	45	partnership	partnership	NOUN
ftr-297	760	46	distributes	distribute	VERB
ftr-297	760	47	assets	asset	NOUN
ftr-297	760	48	3	3	NUM
ftr-297	760	49	and	and	CCONJ
ftr-297	760	50	5	5	NUM
ftr-297	760	51	(	(	PUNCT
ftr-297	760	52	worth	worth	ADJ
ftr-297	760	53	$	$	SYM
ftr-297	760	54	120,000	120,000	NUM
ftr-297	760	55	)	)	PUNCT
ftr-297	760	56	to	to	ADP
ftr-297	760	57	a	a	PRON
ftr-297	760	58	in	in	ADP
ftr-297	760	59	complete	complete	ADJ
ftr-297	760	60	liquidation	liquidation	NOUN
ftr-297	760	61	of	of	ADP
ftr-297	760	62	his	his	PRON
ftr-297	760	63	interest	interest	NOUN
ftr-297	760	64	in	in	ADP
ftr-297	760	65	the	the	DET
ftr-297	760	66	partnership	partnership	NOUN
ftr-297	760	67	.	.	PUNCT
ftr-297	761	1	a	a	DET
ftr-297	761	2	's	's	PART
ftr-297	761	3	basis	basis	NOUN
ftr-297	761	4	in	in	ADP
ftr-297	761	5	the	the	DET
ftr-297	761	6	partnership	partnership	NOUN
ftr-297	761	7	interest	interest	NOUN
ftr-297	761	8	was	be	AUX
ftr-297	761	9	$	$	SYM
ftr-297	761	10	75,000	75,000	NUM
ftr-297	761	11	,	,	PUNCT
ftr-297	761	12	whereas	whereas	SCONJ
ftr-297	761	13	the	the	DET
ftr-297	761	14	partnership	partnership	NOUN
ftr-297	761	15	's	's	PART
ftr-297	761	16	basis	basis	NOUN
ftr-297	761	17	in	in	ADP
ftr-297	761	18	the	the	DET
ftr-297	761	19	distributed	distribute	VERB
ftr-297	761	20	assets	asset	NOUN
ftr-297	761	21	was	be	AUX
ftr-297	761	22	$	$	SYM
ftr-297	761	23	50,000	50,000	NUM
ftr-297	761	24	each	each	PRON
ftr-297	761	25	.	.	PUNCT
ftr-297	762	1	a	a	PRON
ftr-297	762	2	will	will	AUX
ftr-297	762	3	have	have	VERB
ftr-297	762	4	a	a	DET
ftr-297	762	5	basis	basis	NOUN
ftr-297	762	6	of	of	ADP
ftr-297	762	7	$	$	SYM
ftr-297	762	8	25,000	25,000	NUM
ftr-297	762	9	in	in	ADP
ftr-297	762	10	asset	asset	NOUN
ftr-297	762	11	3	3	NUM
ftr-297	762	12	(	(	PUNCT
ftr-297	762	13	capital	capital	NOUN
ftr-297	762	14	gain	gain	VERB
ftr-297	762	15	property	property	NOUN
ftr-297	762	16	)	)	PUNCT
ftr-297	762	17	and	and	CCONJ
ftr-297	762	18	a	a	DET
ftr-297	762	19	basis	basis	NOUN
ftr-297	762	20	of	of	ADP
ftr-297	762	21	$	$	SYM
ftr-297	762	22	50,000	50,000	NUM
ftr-297	762	23	in	in	ADP
ftr-297	762	24	asset	asset	NOUN
ftr-297	762	25	5	5	NUM
ftr-297	762	26	(	(	PUNCT
ftr-297	762	27	ordinary	ordinary	ADJ
ftr-297	762	28	income	income	NOUN
ftr-297	762	29	property	property	NOUN
ftr-297	762	30	)	)	PUNCT
ftr-297	762	31	because	because	SCONJ
ftr-297	762	32	,	,	PUNCT
ftr-297	762	33	under	under	ADP
ftr-297	762	34	section	section	NOUN
ftr-297	762	35	732(c	732(c	PROPN
ftr-297	762	36	)	)	PUNCT
ftr-297	762	37	,	,	PUNCT
ftr-297	762	38	basis	basis	NOUN
ftr-297	762	39	must	must	AUX
ftr-297	762	40	first	first	ADV
ftr-297	762	41	be	be	AUX
ftr-297	762	42	allocated	allocate	VERB
ftr-297	762	43	to	to	ADP
ftr-297	762	44	the	the	DET
ftr-297	762	45	ordinary	ordinary	ADJ
ftr-297	762	46	income	income	NOUN
ftr-297	762	47	property	property	NOUN
ftr-297	762	48	in	in	ADP
ftr-297	762	49	an	an	DET
ftr-297	762	50	amount	amount	NOUN
ftr-297	762	51	equal	equal	ADJ
ftr-297	762	52	to	to	ADP
ftr-297	762	53	the	the	DET
ftr-297	762	54	partnership	partnership	NOUN
ftr-297	762	55	's	's	PART
ftr-297	762	56	adjusted	adjusted	ADJ
ftr-297	762	57	basis	basis	NOUN
ftr-297	762	58	for	for	ADP
ftr-297	762	59	such	such	ADJ
ftr-297	762	60	property	property	NOUN
ftr-297	762	61	.	.	PUNCT
ftr-297	763	1	in	in	ADP
ftr-297	763	2	other	other	ADJ
ftr-297	763	3	words	word	NOUN
ftr-297	763	4	,	,	PUNCT
ftr-297	763	5	a	a	PRON
ftr-297	763	6	's	's	PART
ftr-297	763	7	basis	basis	NOUN
ftr-297	763	8	of	of	ADP
ftr-297	763	9	$	$	SYM
ftr-297	763	10	75,000	75,000	NUM
ftr-297	763	11	in	in	ADP
ftr-297	763	12	the	the	DET
ftr-297	763	13	distributed	distribute	VERB
ftr-297	763	14	assets	asset	NOUN
ftr-297	763	15	is	be	AUX
ftr-297	763	16	first	first	ADV
ftr-297	763	17	allocated	allocate	VERB
ftr-297	763	18	to	to	ADP
ftr-297	763	19	ordinary	ordinary	ADJ
ftr-297	763	20	income	income	NOUN
ftr-297	763	21	property	property	NOUN
ftr-297	763	22	,	,	PUNCT
ftr-297	763	23	which	which	PRON
ftr-297	763	24	results	result	VERB
ftr-297	763	25	in	in	ADP
ftr-297	763	26	a	a	DET
ftr-297	763	27	reduction	reduction	NOUN
ftr-297	763	28	of	of	ADP
ftr-297	763	29	$	$	SYM
ftr-297	763	30	25,000	25,000	NUM
ftr-297	763	31	in	in	ADP
ftr-297	763	32	the	the	DET
ftr-297	763	33	basis	basis	NOUN
ftr-297	763	34	of	of	ADP
ftr-297	763	35	the	the	DET
ftr-297	763	36	capital	capital	NOUN
ftr-297	763	37	gain	gain	VERB
ftr-297	763	38	property	property	NOUN
ftr-297	763	39	distributed	distribute	VERB
ftr-297	763	40	to	to	ADP
ftr-297	763	41	him	he	PRON
ftr-297	763	42	.	.	PUNCT
ftr-297	764	1	this	this	DET
ftr-297	764	2	results	result	VERB
ftr-297	764	3	in	in	ADP
ftr-297	764	4	a	a	DET
ftr-297	764	5	basis	basis	NOUN
ftr-297	764	6	increase	increase	NOUN
ftr-297	764	7	to	to	ADP
ftr-297	764	8	the	the	DET
ftr-297	764	9	partnership	partnership	NOUN
ftr-297	764	10	of	of	ADP
ftr-297	764	11	a	a	DET
ftr-297	764	12	like	like	ADJ
ftr-297	764	13	amount	amount	NOUN
ftr-297	764	14	.	.	PUNCT
ftr-297	765	1	the	the	DET
ftr-297	765	2	basis	basis	NOUN
ftr-297	765	3	increase	increase	NOUN
ftr-297	765	4	must	must	AUX
ftr-297	765	5	be	be	AUX
ftr-297	765	6	allocated	allocate	VERB
ftr-297	765	7	to	to	ADP
ftr-297	765	8	the	the	DET
ftr-297	765	9	remaining	remain	VERB
ftr-297	765	10	partnership	partnership	NOUN
ftr-297	765	11	assets	asset	NOUN
ftr-297	765	12	of	of	ADP
ftr-297	765	13	a	a	DET
ftr-297	765	14	similar	similar	ADJ
ftr-297	765	15	character	character	NOUN
ftr-297	765	16	(	(	PUNCT
ftr-297	765	17	capital	capital	NOUN
ftr-297	765	18	gain	gain	NOUN
ftr-297	765	19	assets	asset	NOUN
ftr-297	765	20	)	)	PUNCT
ftr-297	765	21	in	in	ADP
ftr-297	765	22	proportion	proportion	NOUN
ftr-297	765	23	to	to	ADP
ftr-297	765	24	their	their	PRON
ftr-297	765	25	relative	relative	ADJ
ftr-297	765	26	appreciation	appreciation	NOUN
ftr-297	765	27	.	.	PUNCT
ftr-297	766	1	the	the	DET
ftr-297	766	2	fair	fair	ADJ
ftr-297	766	3	market	market	NOUN
ftr-297	766	4	value	value	NOUN
ftr-297	766	5	of	of	ADP
ftr-297	766	6	asset	asset	NOUN
ftr-297	766	7	1	1	NUM
ftr-297	766	8	exceeds	exceed	VERB
ftr-297	766	9	its	its	PRON
ftr-297	766	10	tax	tax	NOUN
ftr-297	766	11	basis	basis	NOUN
ftr-297	766	12	by	by	ADP
ftr-297	766	13	$	$	SYM
ftr-297	766	14	50,000	50,000	NUM
ftr-297	766	15	,	,	PUNCT
ftr-297	766	16	whereas	whereas	SCONJ
ftr-297	766	17	the	the	DET
ftr-297	766	18	fair	fair	ADJ
ftr-297	766	19	market	market	NOUN
ftr-297	766	20	value	value	NOUN
ftr-297	766	21	of	of	ADP
ftr-297	766	22	asset	asset	NOUN
ftr-297	766	23	2	2	NUM
ftr-297	766	24	exceeds	exceed	VERB
ftr-297	766	25	its	its	PRON
ftr-297	766	26	tax	tax	NOUN
ftr-297	766	27	basis	basis	NOUN
ftr-297	766	28	by	by	ADP
ftr-297	766	29	$	$	SYM
ftr-297	766	30	17,500	17,500	NUM
ftr-297	766	31	.	.	PUNCT
ftr-297	767	1	therefore	therefore	ADV
ftr-297	767	2	,	,	PUNCT
ftr-297	767	3	the	the	DET
ftr-297	767	4	basis	basis	NOUN
ftr-297	767	5	of	of	ADP
ftr-297	767	6	asset	asset	NOUN
ftr-297	767	7	i	i	PRON
ftr-297	767	8	will	will	AUX
ftr-297	767	9	be	be	AUX
ftr-297	767	10	increased	increase	VERB
ftr-297	767	11	by	by	ADP
ftr-297	767	12	$	$	SYM
ftr-297	767	13	18,519	18,519	NUM
ftr-297	767	14	(	(	PUNCT
ftr-297	767	15	$	$	SYM
ftr-297	767	16	50,000/$67,500	50,000/$67,500	NUM
ftr-297	767	17	x	x	SYM
ftr-297	767	18	$	$	SYM
ftr-297	767	19	25,000	25,000	NUM
ftr-297	767	20	)	)	PUNCT
ftr-297	767	21	,	,	PUNCT
ftr-297	767	22	whereas	whereas	SCONJ
ftr-297	767	23	the	the	DET
ftr-297	767	24	basis	basis	NOUN
ftr-297	767	25	of	of	ADP
ftr-297	767	26	asset	asset	NOUN
ftr-297	767	27	2	2	NUM
ftr-297	767	28	will	will	AUX
ftr-297	767	29	be	be	AUX
ftr-297	767	30	increased	increase	VERB
ftr-297	767	31	by	by	ADP
ftr-297	767	32	$	$	SYM
ftr-297	767	33	6,481	6,481	NUM
ftr-297	767	34	(	(	PUNCT
ftr-297	767	35	$	$	SYM
ftr-297	767	36	17,500/	17,500/	NUM
ftr-297	767	37	$	$	SYM
ftr-297	767	38	67,500	67,500	NUM
ftr-297	767	39	x	x	SYM
ftr-297	767	40	$	$	SYM
ftr-297	767	41	25,000).97	25,000).97	NOUN
ftr-297	767	42	a	a	DET
ftr-297	767	43	partnership	partnership	NOUN
ftr-297	767	44	may	may	AUX
ftr-297	767	45	not	not	PART
ftr-297	767	46	have	have	VERB
ftr-297	767	47	sufficient	sufficient	ADJ
ftr-297	767	48	basis	basis	NOUN
ftr-297	767	49	in	in	ADP
ftr-297	767	50	its	its	PRON
ftr-297	767	51	remaining	remain	VERB
ftr-297	767	52	property	property	NOUN
ftr-297	767	53	of	of	ADP
ftr-297	767	54	the	the	DET
ftr-297	767	55	requisite	requisite	ADJ
ftr-297	767	56	character	character	NOUN
ftr-297	767	57	.	.	PUNCT
ftr-297	768	1	this	this	PRON
ftr-297	768	2	could	could	AUX
ftr-297	768	3	arise	arise	VERB
ftr-297	768	4	if	if	SCONJ
ftr-297	768	5	the	the	DET
ftr-297	768	6	partnership	partnership	NOUN
ftr-297	768	7	does	do	AUX
ftr-297	768	8	not	not	PART
ftr-297	768	9	have	have	VERB
ftr-297	768	10	sufficient	sufficient	ADJ
ftr-297	768	11	basis	basis	NOUN
ftr-297	768	12	in	in	ADP
ftr-297	768	13	its	its	PRON
ftr-297	768	14	property	property	NOUN
ftr-297	768	15	(	(	PUNCT
ftr-297	768	16	in	in	ADP
ftr-297	768	17	the	the	DET
ftr-297	768	18	case	case	NOUN
ftr-297	768	19	of	of	ADP
ftr-297	768	20	a	a	DET
ftr-297	768	21	basis	basis	NOUN
ftr-297	768	22	decrease	decrease	NOUN
ftr-297	768	23	)	)	PUNCT
ftr-297	768	24	or	or	CCONJ
ftr-297	768	25	if	if	SCONJ
ftr-297	768	26	the	the	DET
ftr-297	768	27	partnership	partnership	NOUN
ftr-297	768	28	lacks	lack	VERB
ftr-297	768	29	property	property	NOUN
ftr-297	768	30	of	of	ADP
ftr-297	768	31	the	the	DET
ftr-297	768	32	character	character	NOUN
ftr-297	768	33	whose	whose	DET
ftr-297	768	34	basis	basis	NOUN
ftr-297	768	35	could	could	AUX
ftr-297	768	36	be	be	AUX
ftr-297	768	37	increased	increase	VERB
ftr-297	768	38	.	.	PUNCT
ftr-297	769	1	in	in	ADP
ftr-297	769	2	that	that	DET
ftr-297	769	3	event	event	NOUN
ftr-297	769	4	,	,	PUNCT
ftr-297	769	5	the	the	DET
ftr-297	769	6	adjustment	adjustment	NOUN
ftr-297	769	7	is	be	AUX
ftr-297	769	8	made	make	VERB
ftr-297	769	9	when	when	SCONJ
ftr-297	769	10	the	the	DET
ftr-297	769	11	partnership	partnership	NOUN
ftr-297	769	12	subsequently	subsequently	ADV
ftr-297	769	13	acquires	acquire	VERB
ftr-297	769	14	property	property	NOUN
ftr-297	769	15	of	of	ADP
ftr-297	769	16	a	a	DET
ftr-297	769	17	like	like	ADJ
ftr-297	769	18	character	character	NOUN
ftr-297	769	19	to	to	PART
ftr-297	769	20	which	which	PRON
ftr-297	769	21	an	an	DET
ftr-297	769	22	adjustment	adjustment	NOUN
ftr-297	769	23	can	can	AUX
ftr-297	769	24	be	be	AUX
ftr-297	769	25	made	make	VERB
ftr-297	769	26	.	.	PUNCT
ftr-297	770	1	such	such	ADJ
ftr-297	770	2	situations	situation	NOUN
ftr-297	770	3	,	,	PUNCT
ftr-297	770	4	of	of	ADP
ftr-297	770	5	course	course	NOUN
ftr-297	770	6	,	,	PUNCT
ftr-297	770	7	result	result	VERB
ftr-297	770	8	in	in	ADP
ftr-297	770	9	a	a	DET
ftr-297	770	10	disparity	disparity	NOUN
ftr-297	770	11	between	between	ADP
ftr-297	770	12	inside	inside	ADP
ftr-297	770	13	and	and	CCONJ
ftr-297	770	14	outside	outside	ADJ
ftr-297	770	15	basis	basis	NOUN
ftr-297	770	16	,	,	PUNCT
ftr-297	770	17	thereby	thereby	ADV
ftr-297	770	18	failing	fail	VERB
ftr-297	770	19	to	to	PART
ftr-297	770	20	achieve	achieve	VERB
ftr-297	770	21	the	the	DET
ftr-297	770	22	overall	overall	ADJ
ftr-297	770	23	legislative	legislative	ADJ
ftr-297	770	24	purpose	purpose	NOUN
ftr-297	770	25	for	for	ADP
ftr-297	770	26	the	the	DET
ftr-297	770	27	adjustment	adjustment	NOUN
ftr-297	770	28	.	.	PUNCT
ftr-297	771	1	97	97	NUM
ftr-297	771	2	.	.	PUNCT
ftr-297	772	1	see	see	VERB
ftr-297	772	2	generally	generally	ADV
ftr-297	772	3	monte	monte	PROPN
ftr-297	772	4	a.	a.	PROPN
ftr-297	772	5	jackel	jackel	PROPN
ftr-297	772	6	&	&	CCONJ
ftr-297	772	7	shari	shari	PROPN
ftr-297	772	8	r.	r.	PROPN
ftr-297	772	9	fessler	fessler	PROPN
ftr-297	772	10	,	,	PUNCT
ftr-297	772	11	the	the	DET
ftr-297	772	12	mysterious	mysterious	ADJ
ftr-297	772	13	case	case	NOUN
ftr-297	772	14	ofpartnership	ofpartnership	NOUN
ftr-297	772	15	inside	inside	ADP
ftr-297	772	16	basis	basis	NOUN
ftr-297	772	17	adjustments	adjustment	NOUN
ftr-297	772	18	,	,	PUNCT
ftr-297	772	19	89	89	NUM
ftr-297	772	20	tax	tax	NOUN
ftr-297	772	21	notes	note	NOUN
ftr-297	772	22	529	529	NUM
ftr-297	772	23	(	(	PUNCT
ftr-297	772	24	october	october	PROPN
ftr-297	772	25	23	23	NUM
ftr-297	772	26	,	,	PUNCT
ftr-297	772	27	2000	2000	NUM
ftr-297	772	28	)	)	PUNCT
ftr-297	772	29	.	.	PUNCT
ftr-297	773	1	[	[	X
ftr-297	773	2	vol	vol	NOUN
ftr-297	773	3	.	.	PUNCT
ftr-297	774	1	15:3142	15:3142	NUM
ftr-297	774	2	optional	optional	ADJ
ftr-297	774	3	basis	basis	NOUN
ftr-297	774	4	adjustments	adjustment	NOUN
ftr-297	774	5	under	under	ADP
ftr-297	774	6	subchapter	subchapter	NOUN
ftr-297	774	7	k	k	PROPN
ftr-297	774	8	vi	vi	PROPN
ftr-297	774	9	.	.	PROPN
ftr-297	774	10	section	section	NOUN
ftr-297	774	11	732(d	732(d	PROPN
ftr-297	774	12	)	)	PUNCT
ftr-297	774	13	safety	safety	NOUN
ftr-297	774	14	valve	valve	NOUN
ftr-297	774	15	for	for	ADP
ftr-297	774	16	transferee	transferee	PROPN
ftr-297	774	17	partner	partner	NOUN
ftr-297	774	18	if	if	SCONJ
ftr-297	774	19	no	no	DET
ftr-297	774	20	section	section	NOUN
ftr-297	774	21	754	754	NUM
ftr-297	774	22	election	election	NOUN
ftr-297	774	23	to	to	PART
ftr-297	774	24	adjust	adjust	VERB
ftr-297	774	25	basis	basis	NOUN
ftr-297	774	26	in	in	ADP
ftr-297	774	27	certain	certain	ADJ
ftr-297	774	28	cases	case	NOUN
ftr-297	774	29	,	,	PUNCT
ftr-297	774	30	the	the	DET
ftr-297	774	31	code	code	NOUN
ftr-297	774	32	permits	permit	VERB
ftr-297	774	33	a	a	DET
ftr-297	774	34	basis	basis	NOUN
ftr-297	774	35	adjustment	adjustment	NOUN
ftr-297	774	36	for	for	ADP
ftr-297	774	37	certain	certain	ADJ
ftr-297	774	38	partnership	partnership	NOUN
ftr-297	774	39	assets	asset	NOUN
ftr-297	774	40	as	as	ADP
ftr-297	774	41	a	a	DET
ftr-297	774	42	result	result	NOUN
ftr-297	774	43	of	of	ADP
ftr-297	774	44	a	a	DET
ftr-297	774	45	transfer	transfer	NOUN
ftr-297	774	46	of	of	ADP
ftr-297	774	47	a	a	DET
ftr-297	774	48	partnership	partnership	NOUN
ftr-297	774	49	interest	interest	NOUN
ftr-297	774	50	even	even	ADV
ftr-297	774	51	if	if	SCONJ
ftr-297	774	52	the	the	DET
ftr-297	774	53	partnership	partnership	NOUN
ftr-297	774	54	has	have	AUX
ftr-297	774	55	not	not	PART
ftr-297	774	56	made	make	VERB
ftr-297	774	57	a	a	DET
ftr-297	774	58	section	section	NOUN
ftr-297	774	59	754	754	NUM
ftr-297	774	60	election	election	NOUN
ftr-297	774	61	.	.	PUNCT
ftr-297	775	1	the	the	DET
ftr-297	775	2	use	use	NOUN
ftr-297	775	3	of	of	ADP
ftr-297	775	4	the	the	DET
ftr-297	775	5	provision	provision	NOUN
ftr-297	775	6	is	be	AUX
ftr-297	775	7	typically	typically	ADV
ftr-297	775	8	elective	elective	ADJ
ftr-297	775	9	with	with	ADP
ftr-297	775	10	the	the	DET
ftr-297	775	11	transferee	transferee	PROPN
ftr-297	775	12	partner	partner	NOUN
ftr-297	775	13	,	,	PUNCT
ftr-297	775	14	although	although	SCONJ
ftr-297	775	15	in	in	ADP
ftr-297	775	16	some	some	DET
ftr-297	775	17	circumstances	circumstance	NOUN
ftr-297	775	18	the	the	DET
ftr-297	775	19	adjustment	adjustment	NOUN
ftr-297	775	20	is	be	AUX
ftr-297	775	21	mandatory	mandatory	ADJ
ftr-297	775	22	.	.	PUNCT
ftr-297	776	1	the	the	DET
ftr-297	776	2	purpose	purpose	NOUN
ftr-297	776	3	of	of	ADP
ftr-297	776	4	the	the	DET
ftr-297	776	5	statute	statute	NOUN
ftr-297	776	6	is	be	AUX
ftr-297	776	7	to	to	PART
ftr-297	776	8	afford	afford	VERB
ftr-297	776	9	,	,	PUNCT
ftr-297	776	10	to	to	ADP
ftr-297	776	11	the	the	DET
ftr-297	776	12	degree	degree	NOUN
ftr-297	776	13	possible	possible	ADJ
ftr-297	776	14	,	,	PUNCT
ftr-297	776	15	a	a	DET
ftr-297	776	16	distributee	distributee	NOUN
ftr-297	776	17	partner	partner	NOUN
ftr-297	776	18	who	who	PRON
ftr-297	776	19	acquired	acquire	VERB
ftr-297	776	20	his	his	PRON
ftr-297	776	21	interest	interest	NOUN
ftr-297	776	22	by	by	ADP
ftr-297	776	23	transfer	transfer	VERB
ftr-297	776	24	the	the	DET
ftr-297	776	25	same	same	ADJ
ftr-297	776	26	result	result	NOUN
ftr-297	776	27	that	that	SCONJ
ftr-297	776	28	he	he	PRON
ftr-297	776	29	would	would	AUX
ftr-297	776	30	have	have	AUX
ftr-297	776	31	had	have	AUX
ftr-297	776	32	if	if	SCONJ
ftr-297	776	33	an	an	DET
ftr-297	776	34	election	election	NOUN
ftr-297	776	35	had	have	AUX
ftr-297	776	36	been	be	AUX
ftr-297	776	37	in	in	ADP
ftr-297	776	38	effect	effect	NOUN
ftr-297	776	39	at	at	ADP
ftr-297	776	40	the	the	DET
ftr-297	776	41	time	time	NOUN
ftr-297	776	42	of	of	ADP
ftr-297	776	43	the	the	DET
ftr-297	776	44	transfer	transfer	NOUN
ftr-297	776	45	generating	generate	VERB
ftr-297	776	46	a	a	DET
ftr-297	776	47	section	section	NOUN
ftr-297	776	48	743(b	743(b	NOUN
ftr-297	776	49	)	)	PUNCT
ftr-297	776	50	adjustment	adjustment	NOUN
ftr-297	776	51	.	.	PUNCT
ftr-297	777	1	however	however	ADV
ftr-297	777	2	,	,	PUNCT
ftr-297	777	3	the	the	DET
ftr-297	777	4	basis	basis	NOUN
ftr-297	777	5	of	of	ADP
ftr-297	777	6	the	the	DET
ftr-297	777	7	distributed	distribute	VERB
ftr-297	777	8	property	property	NOUN
ftr-297	777	9	under	under	ADP
ftr-297	777	10	such	such	DET
ftr-297	777	11	an	an	DET
ftr-297	777	12	adjustment	adjustment	NOUN
ftr-297	777	13	will	will	AUX
ftr-297	777	14	not	not	PART
ftr-297	777	15	necessarily	necessarily	ADV
ftr-297	777	16	be	be	AUX
ftr-297	777	17	the	the	DET
ftr-297	777	18	same	same	ADJ
ftr-297	777	19	as	as	SCONJ
ftr-297	777	20	if	if	SCONJ
ftr-297	777	21	there	there	PRON
ftr-297	777	22	had	have	AUX
ftr-297	777	23	been	be	AUX
ftr-297	777	24	such	such	DET
ftr-297	777	25	a	a	DET
ftr-297	777	26	section	section	NOUN
ftr-297	777	27	743(b	743(b	NOUN
ftr-297	777	28	)	)	PUNCT
ftr-297	777	29	adjustment	adjustment	NOUN
ftr-297	777	30	.	.	PUNCT
ftr-297	778	1	a.	a.	NOUN
ftr-297	779	1	the	the	DET
ftr-297	779	2	conditions	condition	NOUN
ftr-297	779	3	and	and	CCONJ
ftr-297	779	4	method	method	NOUN
ftr-297	779	5	of	of	ADP
ftr-297	779	6	section	section	NOUN
ftr-297	779	7	732(d	732(d	PROPN
ftr-297	779	8	)	)	PUNCT
ftr-297	779	9	the	the	DET
ftr-297	779	10	provision	provision	NOUN
ftr-297	779	11	is	be	AUX
ftr-297	779	12	available	available	ADJ
ftr-297	779	13	on	on	ADP
ftr-297	779	14	an	an	DET
ftr-297	779	15	elective	elective	ADJ
ftr-297	779	16	basis	basis	NOUN
ftr-297	779	17	to	to	ADP
ftr-297	779	18	a	a	DET
ftr-297	779	19	partner	partner	NOUN
ftr-297	779	20	who	who	PRON
ftr-297	779	21	(	(	PUNCT
ftr-297	779	22	1	1	X
ftr-297	779	23	)	)	PUNCT
ftr-297	779	24	acquires	acquire	VERB
ftr-297	779	25	his	his	PRON
ftr-297	779	26	partnership	partnership	NOUN
ftr-297	779	27	interest	interest	NOUN
ftr-297	779	28	by	by	ADP
ftr-297	779	29	purchase	purchase	NOUN
ftr-297	779	30	or	or	CCONJ
ftr-297	779	31	inheritance	inheritance	NOUN
ftr-297	779	32	from	from	ADP
ftr-297	779	33	another	another	DET
ftr-297	779	34	partner	partner	NOUN
ftr-297	779	35	when	when	SCONJ
ftr-297	779	36	the	the	DET
ftr-297	779	37	partnership	partnership	NOUN
ftr-297	779	38	did	do	AUX
ftr-297	779	39	not	not	PART
ftr-297	779	40	have	have	VERB
ftr-297	779	41	an	an	DET
ftr-297	779	42	election	election	NOUN
ftr-297	779	43	in	in	ADP
ftr-297	779	44	effect	effect	NOUN
ftr-297	779	45	and	and	CCONJ
ftr-297	779	46	(	(	PUNCT
ftr-297	779	47	2	2	X
ftr-297	779	48	)	)	PUNCT
ftr-297	779	49	receives	receive	VERB
ftr-297	779	50	a	a	DET
ftr-297	779	51	distribution	distribution	NOUN
ftr-297	779	52	of	of	ADP
ftr-297	779	53	property	property	NOUN
ftr-297	779	54	other	other	ADJ
ftr-297	779	55	than	than	ADP
ftr-297	779	56	money	money	NOUN
ftr-297	779	57	within	within	ADP
ftr-297	779	58	two	two	NUM
ftr-297	779	59	years	year	NOUN
ftr-297	779	60	thereafter	thereafter	ADV
ftr-297	779	61	.	.	PUNCT
ftr-297	780	1	in	in	ADP
ftr-297	780	2	that	that	DET
ftr-297	780	3	circumstance	circumstance	NOUN
ftr-297	780	4	,	,	PUNCT
ftr-297	780	5	the	the	DET
ftr-297	780	6	partner	partner	NOUN
ftr-297	780	7	may	may	AUX
ftr-297	780	8	elect	elect	VERB
ftr-297	780	9	to	to	PART
ftr-297	780	10	treat	treat	VERB
ftr-297	780	11	the	the	DET
ftr-297	780	12	basis	basis	NOUN
ftr-297	780	13	that	that	SCONJ
ftr-297	780	14	the	the	DET
ftr-297	780	15	property	property	NOUN
ftr-297	780	16	would	would	AUX
ftr-297	780	17	have	have	AUX
ftr-297	780	18	had	have	AUX
ftr-297	780	19	if	if	SCONJ
ftr-297	780	20	the	the	DET
ftr-297	780	21	adjustment	adjustment	NOUN
ftr-297	780	22	were	be	AUX
ftr-297	780	23	made	make	VERB
ftr-297	780	24	when	when	SCONJ
ftr-297	780	25	the	the	DET
ftr-297	780	26	partner	partner	NOUN
ftr-297	780	27	acquired	acquire	VERB
ftr-297	780	28	his	his	PRON
ftr-297	780	29	interest	interest	NOUN
ftr-297	780	30	as	as	ADP
ftr-297	780	31	the	the	DET
ftr-297	780	32	basis	basis	NOUN
ftr-297	780	33	for	for	ADP
ftr-297	780	34	the	the	DET
ftr-297	780	35	distributed	distribute	VERB
ftr-297	780	36	property	property	NOUN
ftr-297	780	37	.	.	PUNCT
ftr-297	781	1	the	the	DET
ftr-297	781	2	election	election	NOUN
ftr-297	781	3	is	be	AUX
ftr-297	781	4	made	make	VERB
ftr-297	781	5	by	by	ADP
ftr-297	781	6	the	the	DET
ftr-297	781	7	distributee	distributee	NOUN
ftr-297	781	8	partner	partner	NOUN
ftr-297	781	9	,	,	PUNCT
ftr-297	781	10	and	and	CCONJ
ftr-297	781	11	the	the	DET
ftr-297	781	12	consent	consent	NOUN
ftr-297	781	13	of	of	ADP
ftr-297	781	14	the	the	DET
ftr-297	781	15	partnership	partnership	NOUN
ftr-297	781	16	is	be	AUX
ftr-297	781	17	not	not	PART
ftr-297	781	18	needed.98	needed.98	ADV
ftr-297	781	19	although	although	SCONJ
ftr-297	781	20	the	the	DET
ftr-297	781	21	election	election	NOUN
ftr-297	781	22	adjusts	adjust	VERB
ftr-297	781	23	the	the	DET
ftr-297	781	24	basis	basis	NOUN
ftr-297	781	25	as	as	SCONJ
ftr-297	781	26	though	though	SCONJ
ftr-297	781	27	a	a	DET
ftr-297	781	28	section	section	NOUN
ftr-297	781	29	743(b	743(b	PROPN
ftr-297	781	30	)	)	PUNCT
ftr-297	781	31	had	have	AUX
ftr-297	781	32	been	be	AUX
ftr-297	781	33	made	make	VERB
ftr-297	781	34	at	at	ADP
ftr-297	781	35	the	the	DET
ftr-297	781	36	time	time	NOUN
ftr-297	781	37	of	of	ADP
ftr-297	781	38	the	the	DET
ftr-297	781	39	transfer	transfer	NOUN
ftr-297	781	40	,	,	PUNCT
ftr-297	781	41	the	the	DET
ftr-297	781	42	adjustment	adjustment	NOUN
ftr-297	781	43	is	be	AUX
ftr-297	781	44	effective	effective	ADJ
ftr-297	781	45	only	only	ADV
ftr-297	781	46	at	at	ADP
ftr-297	781	47	the	the	DET
ftr-297	781	48	time	time	NOUN
ftr-297	781	49	of	of	ADP
ftr-297	781	50	the	the	DET
ftr-297	781	51	distribution	distribution	NOUN
ftr-297	781	52	.	.	PUNCT
ftr-297	782	1	the	the	DET
ftr-297	782	2	amount	amount	NOUN
ftr-297	782	3	of	of	ADP
ftr-297	782	4	the	the	DET
ftr-297	782	5	adjustment	adjustment	NOUN
ftr-297	782	6	,	,	PUNCT
ftr-297	782	7	therefore	therefore	ADV
ftr-297	782	8	,	,	PUNCT
ftr-297	782	9	is	be	AUX
ftr-297	782	10	not	not	PART
ftr-297	782	11	affected	affect	VERB
ftr-297	782	12	by	by	ADP
ftr-297	782	13	any	any	DET
ftr-297	782	14	potential	potential	ADJ
ftr-297	782	15	depreciation	depreciation	NOUN
ftr-297	782	16	,	,	PUNCT
ftr-297	782	17	depletion	depletion	NOUN
ftr-297	782	18	,	,	PUNCT
ftr-297	782	19	or	or	CCONJ
ftr-297	782	20	amortization	amortization	NOUN
ftr-297	782	21	on	on	ADP
ftr-297	782	22	the	the	DET
ftr-297	782	23	portion	portion	NOUN
ftr-297	782	24	of	of	ADP
ftr-297	782	25	the	the	DET
ftr-297	782	26	basis	basis	NOUN
ftr-297	782	27	resulting	result	VERB
ftr-297	782	28	from	from	ADP
ftr-297	782	29	the	the	DET
ftr-297	782	30	adjustment	adjustment	NOUN
ftr-297	782	31	because	because	SCONJ
ftr-297	782	32	such	such	ADJ
ftr-297	782	33	depreciation	depreciation	NOUN
ftr-297	782	34	,	,	PUNCT
ftr-297	782	35	depletion	depletion	NOUN
ftr-297	782	36	,	,	PUNCT
ftr-297	782	37	or	or	CCONJ
ftr-297	782	38	amortization	amortization	NOUN
ftr-297	782	39	has	have	AUX
ftr-297	782	40	not	not	PART
ftr-297	782	41	in	in	ADP
ftr-297	782	42	fact	fact	NOUN
ftr-297	782	43	been	be	AUX
ftr-297	782	44	taken.99	taken.99	NOUN
ftr-297	782	45	generally	generally	ADV
ftr-297	782	46	such	such	DET
ftr-297	782	47	a	a	DET
ftr-297	782	48	distribution	distribution	NOUN
ftr-297	782	49	becomes	become	VERB
ftr-297	782	50	important	important	ADJ
ftr-297	782	51	only	only	ADV
ftr-297	782	52	if	if	SCONJ
ftr-297	782	53	the	the	DET
ftr-297	782	54	partnership	partnership	NOUN
ftr-297	782	55	is	be	AUX
ftr-297	782	56	about	about	ADJ
ftr-297	782	57	to	to	PART
ftr-297	782	58	sell	sell	VERB
ftr-297	782	59	the	the	DET
ftr-297	782	60	property	property	NOUN
ftr-297	782	61	(	(	PUNCT
ftr-297	782	62	frequently	frequently	ADV
ftr-297	782	63	ordinary	ordinary	ADJ
ftr-297	782	64	income	income	NOUN
ftr-297	782	65	property	property	NOUN
ftr-297	782	66	)	)	PUNCT
ftr-297	782	67	and	and	CCONJ
ftr-297	782	68	the	the	DET
ftr-297	782	69	distributee	distributee	NOUN
ftr-297	782	70	wants	want	VERB
ftr-297	782	71	to	to	PART
ftr-297	782	72	reduce	reduce	VERB
ftr-297	782	73	the	the	DET
ftr-297	782	74	gain	gain	NOUN
ftr-297	782	75	he	he	PRON
ftr-297	782	76	will	will	AUX
ftr-297	782	77	recognize	recognize	VERB
ftr-297	782	78	if	if	SCONJ
ftr-297	782	79	the	the	DET
ftr-297	782	80	98	98	NUM
ftr-297	782	81	.	.	PUNCT
ftr-297	783	1	one	one	NUM
ftr-297	783	2	advantage	advantage	NOUN
ftr-297	783	3	of	of	ADP
ftr-297	783	4	a	a	DET
ftr-297	783	5	section	section	NOUN
ftr-297	783	6	732(d	732(d	NUM
ftr-297	783	7	)	)	PUNCT
ftr-297	783	8	election	election	NOUN
ftr-297	783	9	is	be	AUX
ftr-297	783	10	that	that	SCONJ
ftr-297	783	11	its	its	PRON
ftr-297	783	12	use	use	NOUN
ftr-297	783	13	by	by	ADP
ftr-297	783	14	the	the	DET
ftr-297	783	15	transferee	transferee	NOUN
ftr-297	783	16	/	/	SYM
ftr-297	783	17	distributee	distributee	NOUN
ftr-297	783	18	partner	partner	NOUN
ftr-297	783	19	imposes	impose	VERB
ftr-297	783	20	no	no	DET
ftr-297	783	21	obligation	obligation	NOUN
ftr-297	783	22	on	on	ADP
ftr-297	783	23	the	the	DET
ftr-297	783	24	partnership	partnership	NOUN
ftr-297	783	25	to	to	PART
ftr-297	783	26	make	make	VERB
ftr-297	783	27	adjustments	adjustment	NOUN
ftr-297	783	28	for	for	ADP
ftr-297	783	29	future	future	ADJ
ftr-297	783	30	transactions	transaction	NOUN
ftr-297	783	31	.	.	PUNCT
ftr-297	784	1	it	it	PRON
ftr-297	784	2	appears	appear	VERB
ftr-297	784	3	that	that	SCONJ
ftr-297	784	4	the	the	DET
ftr-297	784	5	distributee	distributee	NOUN
ftr-297	784	6	need	need	AUX
ftr-297	784	7	not	not	PART
ftr-297	784	8	be	be	AUX
ftr-297	784	9	uniform	uniform	ADJ
ftr-297	784	10	in	in	ADP
ftr-297	784	11	his	his	PRON
ftr-297	784	12	election	election	NOUN
ftr-297	784	13	pattern	pattern	NOUN
ftr-297	784	14	,	,	PUNCT
ftr-297	784	15	e.g.	e.g.	ADV
ftr-297	784	16	,	,	PUNCT
ftr-297	784	17	the	the	DET
ftr-297	784	18	election	election	NOUN
ftr-297	784	19	might	might	AUX
ftr-297	784	20	be	be	AUX
ftr-297	784	21	made	make	VERB
ftr-297	784	22	in	in	ADP
ftr-297	784	23	one	one	NUM
ftr-297	784	24	year	year	NOUN
ftr-297	784	25	and	and	CCONJ
ftr-297	784	26	not	not	PART
ftr-297	784	27	another	another	PRON
ftr-297	784	28	.	.	PUNCT
ftr-297	785	1	with	with	ADP
ftr-297	785	2	respect	respect	NOUN
ftr-297	785	3	to	to	ADP
ftr-297	785	4	multiple	multiple	ADJ
ftr-297	785	5	distributions	distribution	NOUN
ftr-297	785	6	in	in	ADP
ftr-297	785	7	the	the	DET
ftr-297	785	8	same	same	ADJ
ftr-297	785	9	year	year	NOUN
ftr-297	785	10	,	,	PUNCT
ftr-297	785	11	the	the	DET
ftr-297	785	12	issue	issue	NOUN
ftr-297	785	13	is	be	AUX
ftr-297	785	14	even	even	ADV
ftr-297	785	15	more	more	ADV
ftr-297	785	16	clouded	clouded	ADJ
ftr-297	785	17	since	since	SCONJ
ftr-297	785	18	some	some	DET
ftr-297	785	19	authority	authority	NOUN
ftr-297	785	20	suggests	suggest	VERB
ftr-297	785	21	that	that	SCONJ
ftr-297	785	22	all	all	DET
ftr-297	785	23	such	such	ADJ
ftr-297	785	24	non	non	ADJ
ftr-297	785	25	-	-	ADJ
ftr-297	785	26	liquidating	liquidating	ADJ
ftr-297	785	27	distributions	distribution	NOUN
ftr-297	785	28	are	be	AUX
ftr-297	785	29	treated	treat	VERB
ftr-297	785	30	as	as	ADP
ftr-297	785	31	occurring	occur	VERB
ftr-297	785	32	on	on	ADP
ftr-297	785	33	the	the	DET
ftr-297	785	34	last	last	ADJ
ftr-297	785	35	day	day	NOUN
ftr-297	785	36	of	of	ADP
ftr-297	785	37	the	the	DET
ftr-297	785	38	year	year	NOUN
ftr-297	785	39	.	.	PUNCT
ftr-297	786	1	see	see	VERB
ftr-297	786	2	reg	reg	NOUN
ftr-297	786	3	.	.	PUNCT
ftr-297	787	1	§	§	PROPN
ftr-297	787	2	1.731	1.731	NUM
ftr-297	787	3	1(a)(1)(ii	1(a)(1)(ii	NUM
ftr-297	787	4	)	)	PUNCT
ftr-297	787	5	.	.	PUNCT
ftr-297	788	1	99	99	NUM
ftr-297	788	2	.	.	PUNCT
ftr-297	789	1	reg	reg	PROPN
ftr-297	789	2	.	.	PUNCT
ftr-297	790	1	§	§	PROPN
ftr-297	790	2	1.732	1.732	NUM
ftr-297	790	3	-	-	PUNCT
ftr-297	790	4	l(d)(1)(iv	l(d)(1)(iv	NOUN
ftr-297	790	5	)	)	PUNCT
ftr-297	790	6	.	.	PUNCT
ftr-297	791	1	2014	2014	NUM
ftr-297	791	2	]	]	PUNCT
ftr-297	791	3	143	143	NUM
ftr-297	791	4	florida	florida	PROPN
ftr-297	791	5	tax	tax	PROPN
ftr-297	791	6	review	review	NOUN
ftr-297	791	7	partnership	partnership	NOUN
ftr-297	791	8	makes	make	VERB
ftr-297	791	9	the	the	DET
ftr-297	791	10	sale	sale	NOUN
ftr-297	791	11	.	.	PUNCT
ftr-297	792	1	in	in	ADP
ftr-297	792	2	that	that	DET
ftr-297	792	3	case	case	NOUN
ftr-297	792	4	,	,	PUNCT
ftr-297	792	5	the	the	DET
ftr-297	792	6	coordination	coordination	NOUN
ftr-297	792	7	between	between	ADP
ftr-297	792	8	the	the	DET
ftr-297	792	9	partnership	partnership	NOUN
ftr-297	792	10	and	and	CCONJ
ftr-297	792	11	the	the	DET
ftr-297	792	12	partner	partner	NOUN
ftr-297	792	13	may	may	AUX
ftr-297	792	14	be	be	AUX
ftr-297	792	15	so	so	ADV
ftr-297	792	16	close	close	ADJ
ftr-297	792	17	in	in	ADP
ftr-297	792	18	consummating	consummate	VERB
ftr-297	792	19	the	the	DET
ftr-297	792	20	sale	sale	NOUN
ftr-297	792	21	that	that	PRON
ftr-297	792	22	the	the	DET
ftr-297	792	23	service	service	NOUN
ftr-297	792	24	takes	take	VERB
ftr-297	792	25	the	the	DET
ftr-297	792	26	position	position	NOUN
ftr-297	792	27	that	that	SCONJ
ftr-297	792	28	,	,	PUNCT
ftr-297	792	29	in	in	ADP
ftr-297	792	30	substance	substance	NOUN
ftr-297	792	31	,	,	PUNCT
ftr-297	792	32	the	the	DET
ftr-297	792	33	sale	sale	NOUN
ftr-297	792	34	was	be	AUX
ftr-297	792	35	made	make	VERB
ftr-297	792	36	by	by	ADP
ftr-297	792	37	the	the	DET
ftr-297	792	38	partnership	partnership	NOUN
ftr-297	792	39	followed	follow	VERB
ftr-297	792	40	by	by	ADP
ftr-297	792	41	a	a	DET
ftr-297	792	42	distribution	distribution	NOUN
ftr-297	792	43	of	of	ADP
ftr-297	792	44	the	the	DET
ftr-297	792	45	proceeds.0	proceeds.0	ADJ
ftr-297	792	46	o	o	NOUN
ftr-297	792	47	because	because	SCONJ
ftr-297	792	48	the	the	DET
ftr-297	792	49	provision	provision	NOUN
ftr-297	792	50	is	be	AUX
ftr-297	792	51	intended	intend	VERB
ftr-297	792	52	to	to	PART
ftr-297	792	53	be	be	AUX
ftr-297	792	54	a	a	DET
ftr-297	792	55	relief	relief	NOUN
ftr-297	792	56	provision	provision	NOUN
ftr-297	792	57	and	and	CCONJ
ftr-297	792	58	its	its	PRON
ftr-297	792	59	election	election	NOUN
ftr-297	792	60	does	do	AUX
ftr-297	792	61	not	not	PART
ftr-297	792	62	give	give	VERB
ftr-297	792	63	the	the	DET
ftr-297	792	64	distributee	distributee	NOUN
ftr-297	792	65	an	an	DET
ftr-297	792	66	unwarranted	unwarranted	ADJ
ftr-297	792	67	tax	tax	NOUN
ftr-297	792	68	advantage	advantage	NOUN
ftr-297	792	69	,	,	PUNCT
ftr-297	792	70	such	such	DET
ftr-297	792	71	a	a	DET
ftr-297	792	72	position	position	NOUN
ftr-297	792	73	may	may	AUX
ftr-297	792	74	not	not	PART
ftr-297	792	75	be	be	AUX
ftr-297	792	76	justified	justify	VERB
ftr-297	792	77	.	.	PUNCT
ftr-297	793	1	the	the	DET
ftr-297	793	2	primary	primary	ADJ
ftr-297	793	3	importance	importance	NOUN
ftr-297	793	4	of	of	ADP
ftr-297	793	5	the	the	DET
ftr-297	793	6	elective	elective	ADJ
ftr-297	793	7	method	method	NOUN
ftr-297	793	8	of	of	ADP
ftr-297	793	9	allocating	allocate	VERB
ftr-297	793	10	basis	basis	NOUN
ftr-297	793	11	to	to	ADP
ftr-297	793	12	specific	specific	ADJ
ftr-297	793	13	partnership	partnership	NOUN
ftr-297	793	14	properties	property	NOUN
ftr-297	793	15	is	be	AUX
ftr-297	793	16	where	where	SCONJ
ftr-297	793	17	the	the	DET
ftr-297	793	18	partnership	partnership	NOUN
ftr-297	793	19	has	have	VERB
ftr-297	793	20	a	a	DET
ftr-297	793	21	significant	significant	ADJ
ftr-297	793	22	amount	amount	NOUN
ftr-297	793	23	of	of	ADP
ftr-297	793	24	unrealized	unrealized	ADJ
ftr-297	793	25	receivables	receivables	NOUN
ftr-297	793	26	and	and	CCONJ
ftr-297	793	27	inventory	inventory	NOUN
ftr-297	793	28	items	item	NOUN
ftr-297	793	29	.	.	PUNCT
ftr-297	794	1	if	if	SCONJ
ftr-297	794	2	the	the	DET
ftr-297	794	3	allocation	allocation	NOUN
ftr-297	794	4	of	of	ADP
ftr-297	794	5	basis	basis	NOUN
ftr-297	794	6	to	to	ADP
ftr-297	794	7	distributed	distribute	VERB
ftr-297	794	8	properties	property	NOUN
ftr-297	794	9	is	be	AUX
ftr-297	794	10	made	make	VERB
ftr-297	794	11	under	under	ADP
ftr-297	794	12	the	the	DET
ftr-297	794	13	general	general	ADJ
ftr-297	794	14	rule	rule	NOUN
ftr-297	794	15	,	,	PUNCT
ftr-297	794	16	no	no	DET
ftr-297	794	17	amount	amount	NOUN
ftr-297	794	18	can	can	AUX
ftr-297	794	19	be	be	AUX
ftr-297	794	20	allocated	allocate	VERB
ftr-297	794	21	to	to	ADP
ftr-297	794	22	the	the	DET
ftr-297	794	23	distributed	distribute	VERB
ftr-297	794	24	unrealized	unrealized	ADJ
ftr-297	794	25	receivables	receivables	NOUN
ftr-297	794	26	and	and	CCONJ
ftr-297	794	27	inventory	inventory	NOUN
ftr-297	794	28	items	item	NOUN
ftr-297	794	29	in	in	ADP
ftr-297	794	30	excess	excess	NOUN
ftr-297	794	31	of	of	ADP
ftr-297	794	32	the	the	DET
ftr-297	794	33	adjusted	adjusted	ADJ
ftr-297	794	34	basis	basis	NOUN
ftr-297	794	35	of	of	ADP
ftr-297	794	36	such	such	ADJ
ftr-297	794	37	items	item	NOUN
ftr-297	794	38	to	to	ADP
ftr-297	794	39	the	the	DET
ftr-297	794	40	partnership	partnership	NOUN
ftr-297	794	41	.	.	PUNCT
ftr-297	795	1	for	for	ADP
ftr-297	795	2	example	example	NOUN
ftr-297	795	3	,	,	PUNCT
ftr-297	795	4	assume	assume	VERB
ftr-297	795	5	that	that	SCONJ
ftr-297	795	6	partnership	partnership	NOUN
ftr-297	795	7	abc	abc	PROPN
ftr-297	795	8	's	's	PART
ftr-297	795	9	balance	balance	NOUN
ftr-297	795	10	sheet	sheet	NOUN
ftr-297	795	11	is	be	AUX
ftr-297	795	12	as	as	SCONJ
ftr-297	795	13	follows	follow	VERB
ftr-297	795	14	:	:	PUNCT
ftr-297	795	15	assets	asset	NOUN
ftr-297	795	16	:	:	PUNCT
ftr-297	795	17	adjusted	adjust	VERB
ftr-297	795	18	fair	fair	ADJ
ftr-297	795	19	capital	capital	NOUN
ftr-297	795	20	:	:	PUNCT
ftr-297	795	21	adjusted	adjust	VERB
ftr-297	795	22	fair	fair	ADJ
ftr-297	795	23	basis	basis	NOUN
ftr-297	795	24	market	market	NOUN
ftr-297	795	25	basis	basis	NOUN
ftr-297	795	26	market	market	NOUN
ftr-297	795	27	value	value	NOUN
ftr-297	795	28	value	value	NOUN
ftr-297	795	29	cash	cash	NOUN
ftr-297	795	30	$	$	SYM
ftr-297	795	31	3,000	3,000	NUM
ftr-297	795	32	$	$	SYM
ftr-297	795	33	3,000	3,000	NUM
ftr-297	795	34	a	a	DET
ftr-297	795	35	$	$	SYM
ftr-297	795	36	4,000	4,000	NUM
ftr-297	795	37	$	$	SYM
ftr-297	795	38	6,000	6,000	NUM
ftr-297	795	39	inventory	inventory	NOUN
ftr-297	795	40	6,000	6,000	NUM
ftr-297	795	41	12,000	12,000	NUM
ftr-297	795	42	b	b	NOUN
ftr-297	795	43	4,000	4,000	NUM
ftr-297	795	44	6,000	6,000	NUM
ftr-297	795	45	capital	capital	NOUN
ftr-297	795	46	asset	asset	NOUN
ftr-297	795	47	x	x	PUNCT
ftr-297	795	48	3,0	3,0	NUM
ftr-297	795	49	3,000	3,000	NUM
ftr-297	795	50	c	c	NOUN
ftr-297	795	51	4,000	4,000	NUM
ftr-297	795	52	6,000	6,000	NUM
ftr-297	795	53	total	total	ADJ
ftr-297	795	54	$	$	SYM
ftr-297	795	55	12,000	12,000	NUM
ftr-297	795	56	$	$	SYM
ftr-297	795	57	18,000	18,000	NUM
ftr-297	795	58	total	total	ADJ
ftr-297	795	59	$	$	SYM
ftr-297	795	60	12,000	12,000	NUM
ftr-297	795	61	$	$	SYM
ftr-297	795	62	18,000	18,000	NUM
ftr-297	795	63	partner	partner	NOUN
ftr-297	795	64	c	c	PROPN
ftr-297	795	65	dies	die	VERB
ftr-297	795	66	,	,	PUNCT
ftr-297	795	67	and	and	CCONJ
ftr-297	795	68	the	the	DET
ftr-297	795	69	partnership	partnership	NOUN
ftr-297	795	70	shortly	shortly	ADV
ftr-297	795	71	thereafter	thereafter	ADV
ftr-297	795	72	distributes	distribute	VERB
ftr-297	795	73	his	his	PRON
ftr-297	795	74	pro	pro	ADJ
ftr-297	795	75	rata	rata	ADJ
ftr-297	795	76	share	share	NOUN
ftr-297	795	77	of	of	ADP
ftr-297	795	78	cash	cash	NOUN
ftr-297	795	79	of	of	ADP
ftr-297	795	80	$	$	SYM
ftr-297	795	81	1,000	1,000	NUM
ftr-297	795	82	,	,	PUNCT
ftr-297	795	83	inventory	inventory	NOUN
ftr-297	795	84	valued	value	VERB
ftr-297	795	85	at	at	ADP
ftr-297	795	86	$	$	SYM
ftr-297	795	87	4,000	4,000	NUM
ftr-297	795	88	,	,	PUNCT
ftr-297	795	89	and	and	CCONJ
ftr-297	795	90	capital	capital	NOUN
ftr-297	795	91	asset	asset	NOUN
ftr-297	795	92	x	x	INTJ
ftr-297	795	93	valued	value	VERB
ftr-297	795	94	at	at	ADP
ftr-297	795	95	$	$	SYM
ftr-297	795	96	1,000	1,000	NUM
ftr-297	795	97	in	in	ADP
ftr-297	795	98	liquidation	liquidation	NOUN
ftr-297	795	99	of	of	ADP
ftr-297	795	100	his	his	PRON
ftr-297	795	101	partnership	partnership	NOUN
ftr-297	795	102	interest	interest	NOUN
ftr-297	795	103	.	.	PUNCT
ftr-297	796	1	'01	'01	NUM
ftr-297	796	2	if	if	SCONJ
ftr-297	796	3	the	the	DET
ftr-297	796	4	general	general	ADJ
ftr-297	796	5	rule	rule	NOUN
ftr-297	796	6	for	for	ADP
ftr-297	796	7	allocation	allocation	NOUN
ftr-297	796	8	of	of	ADP
ftr-297	796	9	the	the	DET
ftr-297	796	10	adjusted	adjusted	ADJ
ftr-297	796	11	basis	basis	NOUN
ftr-297	796	12	of	of	ADP
ftr-297	796	13	c	c	PROPN
ftr-297	796	14	's	's	PART
ftr-297	796	15	interest	interest	NOUN
ftr-297	796	16	(	(	PUNCT
ftr-297	796	17	increased	increase	VERB
ftr-297	796	18	to	to	ADP
ftr-297	796	19	$	$	SYM
ftr-297	796	20	6,000	6,000	NUM
ftr-297	796	21	by	by	ADP
ftr-297	796	22	reason	reason	NOUN
ftr-297	796	23	of	of	ADP
ftr-297	796	24	his	his	PRON
ftr-297	796	25	death	death	NOUN
ftr-297	796	26	)	)	PUNCT
ftr-297	796	27	were	be	AUX
ftr-297	796	28	in	in	ADP
ftr-297	796	29	effect	effect	NOUN
ftr-297	796	30	,	,	PUNCT
ftr-297	796	31	c	c	PROPN
ftr-297	796	32	's	's	PART
ftr-297	796	33	one	one	NUM
ftr-297	796	34	-	-	PUNCT
ftr-297	796	35	third	third	ADJ
ftr-297	796	36	share	share	NOUN
ftr-297	796	37	of	of	ADP
ftr-297	796	38	the	the	DET
ftr-297	796	39	partnership	partnership	NOUN
ftr-297	796	40	's	's	PART
ftr-297	796	41	$	$	SYM
ftr-297	796	42	6,000	6,000	NUM
ftr-297	796	43	adjusted	adjust	VERB
ftr-297	796	44	basis	basis	NOUN
ftr-297	796	45	for	for	ADP
ftr-297	796	46	inventory	inventory	NOUN
ftr-297	796	47	would	would	AUX
ftr-297	796	48	transfer	transfer	VERB
ftr-297	796	49	to	to	ADP
ftr-297	796	50	the	the	DET
ftr-297	796	51	distributee	distributee	NOUN
ftr-297	796	52	.	.	PUNCT
ftr-297	797	1	thus	thus	ADV
ftr-297	797	2	,	,	PUNCT
ftr-297	797	3	c	c	PROPN
ftr-297	797	4	's	's	PART
ftr-297	797	5	successor	successor	NOUN
ftr-297	797	6	in	in	ADP
ftr-297	797	7	interest	interest	NOUN
ftr-297	797	8	would	would	AUX
ftr-297	797	9	have	have	VERB
ftr-297	797	10	a	a	DET
ftr-297	797	11	$	$	SYM
ftr-297	797	12	2,000	2,000	NUM
ftr-297	797	13	basis	basis	NOUN
ftr-297	797	14	for	for	ADP
ftr-297	797	15	inventory	inventory	NOUN
ftr-297	797	16	.	.	PUNCT
ftr-297	798	1	that	that	DET
ftr-297	798	2	amount	amount	NOUN
ftr-297	798	3	plus	plus	CCONJ
ftr-297	798	4	the	the	DET
ftr-297	798	5	cash	cash	NOUN
ftr-297	798	6	of	of	ADP
ftr-297	798	7	$	$	SYM
ftr-297	798	8	1,000	1,000	NUM
ftr-297	798	9	distributed	distribute	VERB
ftr-297	798	10	to	to	ADP
ftr-297	798	11	c	c	PROPN
ftr-297	798	12	's	's	PART
ftr-297	798	13	successor	successor	NOUN
ftr-297	798	14	in	in	ADP
ftr-297	798	15	interest	interest	NOUN
ftr-297	798	16	would	would	AUX
ftr-297	798	17	be	be	AUX
ftr-297	798	18	deducted	deduct	VERB
ftr-297	798	19	from	from	ADP
ftr-297	798	20	the	the	DET
ftr-297	798	21	basis	basis	NOUN
ftr-297	798	22	of	of	ADP
ftr-297	798	23	$	$	SYM
ftr-297	798	24	6,000	6,000	NUM
ftr-297	798	25	for	for	ADP
ftr-297	798	26	c	c	PROPN
ftr-297	798	27	's	's	PART
ftr-297	798	28	partnership	partnership	NOUN
ftr-297	798	29	interest	interest	NOUN
ftr-297	798	30	on	on	ADP
ftr-297	798	31	his	his	PRON
ftr-297	798	32	death	death	NOUN
ftr-297	798	33	,	,	PUNCT
ftr-297	798	34	leaving	leave	VERB
ftr-297	798	35	$	$	SYM
ftr-297	798	36	3,000	3,000	NUM
ftr-297	798	37	as	as	ADP
ftr-297	798	38	the	the	DET
ftr-297	798	39	adjusted	adjusted	ADJ
ftr-297	798	40	basis	basis	NOUN
ftr-297	798	41	of	of	ADP
ftr-297	798	42	capital	capital	NOUN
ftr-297	798	43	asset	asset	NOUN
ftr-297	798	44	x	x	PUNCT
ftr-297	798	45	with	with	ADP
ftr-297	798	46	a	a	DET
ftr-297	798	47	fair	fair	ADJ
ftr-297	798	48	market	market	NOUN
ftr-297	798	49	value	value	NOUN
ftr-297	798	50	of	of	ADP
ftr-297	798	51	$	$	SYM
ftr-297	798	52	1,000	1,000	NUM
ftr-297	798	53	.	.	PUNCT
ftr-297	799	1	if	if	SCONJ
ftr-297	799	2	c	c	PROPN
ftr-297	799	3	's	's	PART
ftr-297	799	4	successor	successor	NOUN
ftr-297	799	5	in	in	ADP
ftr-297	799	6	interest	interest	NOUN
ftr-297	799	7	sold	sell	VERB
ftr-297	799	8	inventory	inventory	NOUN
ftr-297	799	9	,	,	PUNCT
ftr-297	799	10	there	there	PRON
ftr-297	799	11	would	would	AUX
ftr-297	799	12	be	be	AUX
ftr-297	799	13	$	$	SYM
ftr-297	799	14	2,000	2,000	NUM
ftr-297	799	15	of	of	ADP
ftr-297	799	16	ordinary	ordinary	ADJ
ftr-297	799	17	income	income	NOUN
ftr-297	799	18	.	.	PUNCT
ftr-297	800	1	if	if	SCONJ
ftr-297	800	2	he	he	PRON
ftr-297	800	3	sold	sell	VERB
ftr-297	800	4	capital	capital	NOUN
ftr-297	800	5	asset	asset	NOUN
ftr-297	800	6	x	x	NOUN
ftr-297	800	7	,	,	PUNCT
ftr-297	800	8	there	there	PRON
ftr-297	800	9	would	would	AUX
ftr-297	800	10	be	be	AUX
ftr-297	800	11	a	a	DET
ftr-297	800	12	$	$	SYM
ftr-297	800	13	2,000	2,000	NUM
ftr-297	800	14	capital	capital	NOUN
ftr-297	800	15	loss	loss	NOUN
ftr-297	800	16	.	.	PUNCT
ftr-297	801	1	however	however	ADV
ftr-297	801	2	,	,	PUNCT
ftr-297	801	3	if	if	SCONJ
ftr-297	801	4	because	because	SCONJ
ftr-297	801	5	the	the	DET
ftr-297	801	6	partnership	partnership	NOUN
ftr-297	801	7	had	have	AUX
ftr-297	801	8	not	not	PART
ftr-297	801	9	made	make	VERB
ftr-297	801	10	a	a	DET
ftr-297	801	11	section	section	NOUN
ftr-297	801	12	754	754	NUM
ftr-297	801	13	election	election	NOUN
ftr-297	801	14	c	c	NOUN
ftr-297	801	15	's	's	PART
ftr-297	801	16	successor	successor	NOUN
ftr-297	801	17	in	in	ADP
ftr-297	801	18	interest	interest	NOUN
ftr-297	801	19	made	make	VERB
ftr-297	801	20	an	an	DET
ftr-297	801	21	election	election	NOUN
ftr-297	801	22	under	under	ADP
ftr-297	801	23	section	section	NOUN
ftr-297	801	24	732(d	732(d	PROPN
ftr-297	801	25	)	)	PUNCT
ftr-297	801	26	,	,	PUNCT
ftr-297	801	27	the	the	DET
ftr-297	801	28	adjusted	adjusted	ADJ
ftr-297	801	29	basis	basis	NOUN
ftr-297	801	30	of	of	ADP
ftr-297	801	31	the	the	DET
ftr-297	801	32	distributed	distribute	VERB
ftr-297	801	33	assets	asset	NOUN
ftr-297	801	34	would	would	AUX
ftr-297	801	35	be	be	AUX
ftr-297	801	36	the	the	DET
ftr-297	801	37	same	same	ADJ
ftr-297	801	38	as	as	ADP
ftr-297	801	39	though	though	SCONJ
ftr-297	801	40	the	the	DET
ftr-297	801	41	100	100	NUM
ftr-297	801	42	.	.	PUNCT
ftr-297	802	1	see	see	VERB
ftr-297	802	2	commissioner	commissioner	NOUN
ftr-297	802	3	v.	v.	ADP
ftr-297	802	4	court	court	PROPN
ftr-297	802	5	holding	holding	PROPN
ftr-297	802	6	,	,	PUNCT
ftr-297	802	7	co.	co.	PROPN
ftr-297	802	8	,	,	PUNCT
ftr-297	802	9	324	324	NUM
ftr-297	802	10	u.s	u.s	PROPN
ftr-297	802	11	.	.	PROPN
ftr-297	802	12	331	331	NUM
ftr-297	802	13	(	(	PUNCT
ftr-297	802	14	1945	1945	NUM
ftr-297	802	15	)	)	PUNCT
ftr-297	802	16	.	.	PUNCT
ftr-297	803	1	101	101	NUM
ftr-297	803	2	.	.	PUNCT
ftr-297	804	1	given	give	VERB
ftr-297	804	2	the	the	DET
ftr-297	804	3	pro	pro	ADJ
ftr-297	804	4	rata	rata	ADJ
ftr-297	804	5	distribution	distribution	NOUN
ftr-297	804	6	,	,	PUNCT
ftr-297	804	7	the	the	DET
ftr-297	804	8	rigors	rigor	NOUN
ftr-297	804	9	of	of	ADP
ftr-297	804	10	section	section	NOUN
ftr-297	804	11	751(b	751(b	PROPN
ftr-297	804	12	)	)	PUNCT
ftr-297	804	13	are	be	AUX
ftr-297	804	14	avoided	avoid	VERB
ftr-297	804	15	.	.	PUNCT
ftr-297	805	1	144	144	NUM
ftr-297	806	1	[	[	X
ftr-297	806	2	vol	vol	NOUN
ftr-297	806	3	.	.	PUNCT
ftr-297	807	1	15:3	15:3	NUM
ftr-297	807	2	optional	optional	ADJ
ftr-297	807	3	basis	basis	NOUN
ftr-297	807	4	adjustments	adjustment	NOUN
ftr-297	807	5	under	under	ADP
ftr-297	807	6	subchapter	subchapter	NOUN
ftr-297	807	7	k	k	PROPN
ftr-297	807	8	adjustment	adjustment	NOUN
ftr-297	807	9	to	to	ADP
ftr-297	807	10	basis	basis	NOUN
ftr-297	807	11	of	of	ADP
ftr-297	807	12	partnership	partnership	NOUN
ftr-297	807	13	property	property	NOUN
ftr-297	807	14	under	under	ADP
ftr-297	807	15	section	section	NOUN
ftr-297	807	16	743(b	743(b	PROPN
ftr-297	807	17	)	)	PUNCT
ftr-297	807	18	had	have	AUX
ftr-297	807	19	been	be	AUX
ftr-297	807	20	made	make	VERB
ftr-297	807	21	on	on	ADP
ftr-297	807	22	c	c	PROPN
ftr-297	807	23	's	's	PART
ftr-297	807	24	death	death	NOUN
ftr-297	807	25	.	.	PUNCT
ftr-297	808	1	the	the	DET
ftr-297	808	2	assets	asset	NOUN
ftr-297	808	3	would	would	AUX
ftr-297	808	4	have	have	VERB
ftr-297	808	5	bases	basis	NOUN
ftr-297	808	6	of	of	ADP
ftr-297	808	7	cash	cash	NOUN
ftr-297	808	8	at	at	ADP
ftr-297	808	9	$	$	SYM
ftr-297	808	10	1,000	1,000	NUM
ftr-297	808	11	,	,	PUNCT
ftr-297	808	12	inventory	inventory	NOUN
ftr-297	808	13	at	at	ADP
ftr-297	808	14	$	$	SYM
ftr-297	808	15	4,000	4,000	NUM
ftr-297	808	16	,	,	PUNCT
ftr-297	808	17	and	and	CCONJ
ftr-297	808	18	capital	capital	NOUN
ftr-297	808	19	asset	asset	NOUN
ftr-297	808	20	x	x	PUNCT
ftr-297	808	21	at	at	ADP
ftr-297	808	22	$	$	SYM
ftr-297	808	23	1,000	1,000	NUM
ftr-297	808	24	.	.	PUNCT
ftr-297	809	1	no	no	DET
ftr-297	809	2	gain	gain	NOUN
ftr-297	809	3	or	or	CCONJ
ftr-297	809	4	loss	loss	NOUN
ftr-297	809	5	would	would	AUX
ftr-297	809	6	be	be	AUX
ftr-297	809	7	realized	realize	VERB
ftr-297	809	8	on	on	ADP
ftr-297	809	9	the	the	DET
ftr-297	809	10	sale	sale	NOUN
ftr-297	809	11	of	of	ADP
ftr-297	809	12	the	the	DET
ftr-297	809	13	assets	asset	NOUN
ftr-297	809	14	.	.	PUNCT
ftr-297	810	1	clearly	clearly	ADV
ftr-297	810	2	,	,	PUNCT
ftr-297	810	3	under	under	ADP
ftr-297	810	4	the	the	DET
ftr-297	810	5	facts	fact	NOUN
ftr-297	810	6	given	give	VERB
ftr-297	810	7	,	,	PUNCT
ftr-297	810	8	it	it	PRON
ftr-297	810	9	would	would	AUX
ftr-297	810	10	be	be	AUX
ftr-297	810	11	beneficial	beneficial	ADJ
ftr-297	810	12	for	for	ADP
ftr-297	810	13	c	c	PROPN
ftr-297	810	14	's	's	PART
ftr-297	810	15	successor	successor	NOUN
ftr-297	810	16	to	to	PART
ftr-297	810	17	elect	elect	VERB
ftr-297	810	18	such	such	ADJ
ftr-297	810	19	treatment	treatment	NOUN
ftr-297	810	20	.	.	PUNCT
ftr-297	811	1	the	the	DET
ftr-297	811	2	amount	amount	NOUN
ftr-297	811	3	of	of	ADP
ftr-297	811	4	the	the	DET
ftr-297	811	5	adjustment	adjustment	NOUN
ftr-297	811	6	is	be	AUX
ftr-297	811	7	determined	determine	VERB
ftr-297	811	8	as	as	SCONJ
ftr-297	811	9	though	though	SCONJ
ftr-297	811	10	the	the	DET
ftr-297	811	11	election	election	NOUN
ftr-297	811	12	was	be	AUX
ftr-297	811	13	in	in	ADP
ftr-297	811	14	effect	effect	NOUN
ftr-297	811	15	and	and	CCONJ
ftr-297	811	16	an	an	DET
ftr-297	811	17	adjustment	adjustment	NOUN
ftr-297	811	18	made	make	VERB
ftr-297	811	19	upon	upon	SCONJ
ftr-297	811	20	the	the	DET
ftr-297	811	21	transfer	transfer	NOUN
ftr-297	811	22	of	of	ADP
ftr-297	811	23	the	the	DET
ftr-297	811	24	partnership	partnership	NOUN
ftr-297	811	25	interest	interest	NOUN
ftr-297	811	26	.	.	PUNCT
ftr-297	812	1	after	after	SCONJ
ftr-297	812	2	the	the	DET
ftr-297	812	3	amount	amount	NOUN
ftr-297	812	4	of	of	ADP
ftr-297	812	5	the	the	DET
ftr-297	812	6	adjustment	adjustment	NOUN
ftr-297	812	7	is	be	AUX
ftr-297	812	8	determined	determine	VERB
ftr-297	812	9	,	,	PUNCT
ftr-297	812	10	it	it	PRON
ftr-297	812	11	is	be	AUX
ftr-297	812	12	allocated	allocate	VERB
ftr-297	812	13	to	to	ADP
ftr-297	812	14	specific	specific	ADJ
ftr-297	812	15	properties	property	NOUN
ftr-297	812	16	pursuant	pursuant	ADJ
ftr-297	812	17	to	to	ADP
ftr-297	812	18	section	section	NOUN
ftr-297	812	19	755	755	NUM
ftr-297	812	20	in	in	ADP
ftr-297	812	21	an	an	DET
ftr-297	812	22	identical	identical	ADJ
ftr-297	812	23	manner	manner	NOUN
ftr-297	812	24	to	to	ADP
ftr-297	812	25	that	that	PRON
ftr-297	812	26	of	of	ADP
ftr-297	812	27	a	a	DET
ftr-297	812	28	normal	normal	ADJ
ftr-297	812	29	section	section	NOUN
ftr-297	812	30	743(b	743(b	PROPN
ftr-297	812	31	)	)	PUNCT
ftr-297	812	32	adjustment	adjustment	NOUN
ftr-297	812	33	.	.	PUNCT
ftr-297	813	1	the	the	DET
ftr-297	813	2	purpose	purpose	NOUN
ftr-297	813	3	of	of	ADP
ftr-297	813	4	the	the	DET
ftr-297	813	5	adjustment	adjustment	NOUN
ftr-297	813	6	is	be	AUX
ftr-297	813	7	to	to	PART
ftr-297	813	8	determine	determine	VERB
ftr-297	813	9	the	the	DET
ftr-297	813	10	basis	basis	NOUN
ftr-297	813	11	of	of	ADP
ftr-297	813	12	property	property	NOUN
ftr-297	813	13	distributed	distribute	VERB
ftr-297	813	14	to	to	ADP
ftr-297	813	15	the	the	DET
ftr-297	813	16	transferee	transferee	PROPN
ftr-297	813	17	partner	partner	NOUN
ftr-297	813	18	.	.	PUNCT
ftr-297	814	1	therefore	therefore	ADV
ftr-297	814	2	,	,	PUNCT
ftr-297	814	3	the	the	DET
ftr-297	814	4	adjustment	adjustment	NOUN
ftr-297	814	5	has	have	VERB
ftr-297	814	6	no	no	DET
ftr-297	814	7	effect	effect	NOUN
ftr-297	814	8	on	on	ADP
ftr-297	814	9	property	property	NOUN
ftr-297	814	10	not	not	PART
ftr-297	814	11	so	so	ADV
ftr-297	814	12	distributed	distribute	VERB
ftr-297	814	13	.	.	PUNCT
ftr-297	815	1	the	the	DET
ftr-297	815	2	section	section	NOUN
ftr-297	815	3	732(d	732(d	PROPN
ftr-297	815	4	)	)	PUNCT
ftr-297	815	5	adjustment	adjustment	NOUN
ftr-297	815	6	is	be	AUX
ftr-297	815	7	taken	take	VERB
ftr-297	815	8	into	into	ADP
ftr-297	815	9	account	account	NOUN
ftr-297	815	10	,	,	PUNCT
ftr-297	815	11	however	however	ADV
ftr-297	815	12	,	,	PUNCT
ftr-297	815	13	as	as	ADP
ftr-297	815	14	part	part	NOUN
ftr-297	815	15	of	of	ADP
ftr-297	815	16	the	the	DET
ftr-297	815	17	partnership	partnership	NOUN
ftr-297	815	18	's	's	PART
ftr-297	815	19	basis	basis	NOUN
ftr-297	815	20	for	for	ADP
ftr-297	815	21	the	the	DET
ftr-297	815	22	property	property	NOUN
ftr-297	815	23	in	in	ADP
ftr-297	815	24	determining	determine	VERB
ftr-297	815	25	the	the	DET
ftr-297	815	26	basis	basis	NOUN
ftr-297	815	27	of	of	ADP
ftr-297	815	28	distributed	distribute	VERB
ftr-297	815	29	property	property	NOUN
ftr-297	815	30	.	.	PUNCT
ftr-297	816	1	102	102	NUM
ftr-297	816	2	b.	b.	PROPN
ftr-297	816	3	basis	basis	NOUN
ftr-297	816	4	of	of	ADP
ftr-297	816	5	the	the	DET
ftr-297	816	6	distributed	distribute	VERB
ftr-297	816	7	property	property	NOUN
ftr-297	816	8	the	the	DET
ftr-297	816	9	basis	basis	NOUN
ftr-297	816	10	of	of	ADP
ftr-297	816	11	distributed	distribute	VERB
ftr-297	816	12	property	property	NOUN
ftr-297	816	13	is	be	AUX
ftr-297	816	14	determined	determine	VERB
ftr-297	816	15	under	under	ADP
ftr-297	816	16	the	the	DET
ftr-297	816	17	general	general	ADJ
ftr-297	816	18	rules	rule	NOUN
ftr-297	816	19	.	.	PUNCT
ftr-297	817	1	under	under	ADP
ftr-297	817	2	these	these	DET
ftr-297	817	3	provisions	provision	NOUN
ftr-297	817	4	,	,	PUNCT
ftr-297	817	5	basis	basis	NOUN
ftr-297	817	6	is	be	AUX
ftr-297	817	7	derived	derive	VERB
ftr-297	817	8	from	from	ADP
ftr-297	817	9	the	the	DET
ftr-297	817	10	partnership	partnership	NOUN
ftr-297	817	11	's	's	PART
ftr-297	817	12	basis	basis	NOUN
ftr-297	817	13	for	for	ADP
ftr-297	817	14	the	the	DET
ftr-297	817	15	distributed	distribute	VERB
ftr-297	817	16	property	property	NOUN
ftr-297	817	17	immediately	immediately	ADV
ftr-297	817	18	prior	prior	ADV
ftr-297	817	19	to	to	ADP
ftr-297	817	20	the	the	DET
ftr-297	817	21	distribution	distribution	NOUN
ftr-297	817	22	.	.	PUNCT
ftr-297	818	1	the	the	DET
ftr-297	818	2	section	section	NOUN
ftr-297	818	3	732(d	732(d	PROPN
ftr-297	818	4	)	)	PUNCT
ftr-297	818	5	adjustment	adjustment	NOUN
ftr-297	818	6	affects	affect	VERB
ftr-297	818	7	the	the	DET
ftr-297	818	8	pre	pre	ADJ
ftr-297	818	9	-	-	ADJ
ftr-297	818	10	distribution	distribution	ADJ
ftr-297	818	11	basis	basis	NOUN
ftr-297	818	12	,	,	PUNCT
ftr-297	818	13	which	which	PRON
ftr-297	818	14	in	in	ADP
ftr-297	818	15	turn	turn	NOUN
ftr-297	818	16	affects	affect	VERB
ftr-297	818	17	the	the	DET
ftr-297	818	18	basis	basis	NOUN
ftr-297	818	19	after	after	ADP
ftr-297	818	20	the	the	DET
ftr-297	818	21	distribution	distribution	NOUN
ftr-297	818	22	by	by	ADP
ftr-297	818	23	virtue	virtue	NOUN
ftr-297	818	24	of	of	ADP
ftr-297	818	25	its	its	PRON
ftr-297	818	26	effect	effect	NOUN
ftr-297	818	27	on	on	ADP
ftr-297	818	28	the	the	DET
ftr-297	818	29	pre	pre	ADJ
ftr-297	818	30	-	-	ADJ
ftr-297	818	31	distribution	distribution	ADJ
ftr-297	818	32	basis	basis	NOUN
ftr-297	818	33	.	.	PUNCT
ftr-297	819	1	if	if	SCONJ
ftr-297	819	2	the	the	DET
ftr-297	819	3	distribution	distribution	NOUN
ftr-297	819	4	is	be	AUX
ftr-297	819	5	a	a	DET
ftr-297	819	6	current	current	ADJ
ftr-297	819	7	distribution	distribution	NOUN
ftr-297	819	8	and	and	CCONJ
ftr-297	819	9	the	the	DET
ftr-297	819	10	basis	basis	NOUN
ftr-297	819	11	to	to	ADP
ftr-297	819	12	the	the	DET
ftr-297	819	13	partnership	partnership	NOUN
ftr-297	819	14	of	of	ADP
ftr-297	819	15	the	the	DET
ftr-297	819	16	distributed	distribute	VERB
ftr-297	819	17	property	property	NOUN
ftr-297	819	18	is	be	AUX
ftr-297	819	19	less	less	ADJ
ftr-297	819	20	than	than	ADP
ftr-297	819	21	the	the	DET
ftr-297	819	22	basis	basis	NOUN
ftr-297	819	23	of	of	ADP
ftr-297	819	24	the	the	DET
ftr-297	819	25	distributee	distributee	NOUN
ftr-297	819	26	's	's	PART
ftr-297	819	27	partnership	partnership	NOUN
ftr-297	819	28	interest	interest	NOUN
ftr-297	819	29	,	,	PUNCT
ftr-297	819	30	the	the	DET
ftr-297	819	31	basis	basis	NOUN
ftr-297	819	32	of	of	ADP
ftr-297	819	33	the	the	DET
ftr-297	819	34	distributed	distribute	VERB
ftr-297	819	35	property	property	NOUN
ftr-297	819	36	after	after	SCONJ
ftr-297	819	37	the	the	DET
ftr-297	819	38	distribution	distribution	NOUN
ftr-297	819	39	is	be	AUX
ftr-297	819	40	the	the	DET
ftr-297	819	41	same	same	ADJ
ftr-297	819	42	as	as	ADP
ftr-297	819	43	the	the	DET
ftr-297	819	44	basis	basis	NOUN
ftr-297	819	45	the	the	DET
ftr-297	819	46	property	property	NOUN
ftr-297	819	47	had	have	VERB
ftr-297	819	48	to	to	ADP
ftr-297	819	49	the	the	DET
ftr-297	819	50	partnership	partnership	NOUN
ftr-297	819	51	.	.	PUNCT
ftr-297	819	52	'	'	PUNCT
ftr-297	820	1	0	0	NUM
ftr-297	820	2	3	3	NUM
ftr-297	820	3	because	because	SCONJ
ftr-297	820	4	the	the	DET
ftr-297	820	5	section	section	NOUN
ftr-297	820	6	732(d	732(d	PROPN
ftr-297	820	7	)	)	PUNCT
ftr-297	820	8	adjustment	adjustment	NOUN
ftr-297	820	9	is	be	AUX
ftr-297	820	10	part	part	NOUN
ftr-297	820	11	of	of	ADP
ftr-297	820	12	the	the	DET
ftr-297	820	13	partnership	partnership	NOUN
ftr-297	820	14	's	's	PART
ftr-297	820	15	basis	basis	NOUN
ftr-297	820	16	,	,	PUNCT
ftr-297	820	17	it	it	PRON
ftr-297	820	18	has	have	VERB
ftr-297	820	19	a	a	DET
ftr-297	820	20	direct	direct	ADJ
ftr-297	820	21	effect	effect	NOUN
ftr-297	820	22	on	on	ADP
ftr-297	820	23	the	the	DET
ftr-297	820	24	basis	basis	NOUN
ftr-297	820	25	of	of	ADP
ftr-297	820	26	the	the	DET
ftr-297	820	27	property	property	NOUN
ftr-297	820	28	to	to	ADP
ftr-297	820	29	the	the	DET
ftr-297	820	30	distributee	distributee	NOUN
ftr-297	820	31	.	.	PUNCT
ftr-297	821	1	however	however	ADV
ftr-297	821	2	,	,	PUNCT
ftr-297	821	3	the	the	DET
ftr-297	821	4	adjustment	adjustment	NOUN
ftr-297	821	5	does	do	AUX
ftr-297	821	6	not	not	PART
ftr-297	821	7	directly	directly	ADV
ftr-297	821	8	affect	affect	VERB
ftr-297	821	9	the	the	DET
ftr-297	821	10	basis	basis	NOUN
ftr-297	821	11	of	of	ADP
ftr-297	821	12	distributed	distribute	VERB
ftr-297	821	13	property	property	NOUN
ftr-297	821	14	in	in	ADP
ftr-297	821	15	all	all	DET
ftr-297	821	16	cases	case	NOUN
ftr-297	821	17	.	.	PUNCT
ftr-297	822	1	if	if	SCONJ
ftr-297	822	2	the	the	DET
ftr-297	822	3	basis	basis	NOUN
ftr-297	822	4	of	of	ADP
ftr-297	822	5	the	the	DET
ftr-297	822	6	distributed	distribute	VERB
ftr-297	822	7	property	property	NOUN
ftr-297	822	8	is	be	AUX
ftr-297	822	9	limited	limit	VERB
ftr-297	822	10	to	to	ADP
ftr-297	822	11	the	the	DET
ftr-297	822	12	basis	basis	NOUN
ftr-297	822	13	of	of	ADP
ftr-297	822	14	the	the	DET
ftr-297	822	15	distributee	distributee	NOUN
ftr-297	822	16	partner	partner	NOUN
ftr-297	822	17	's	's	PART
ftr-297	822	18	partnership	partnership	NOUN
ftr-297	822	19	interest	interest	NOUN
ftr-297	822	20	,	,	PUNCT
ftr-297	822	21	under	under	ADP
ftr-297	822	22	section	section	NOUN
ftr-297	822	23	732(a)(2	732(a)(2	NOUN
ftr-297	822	24	)	)	PUNCT
ftr-297	822	25	in	in	ADP
ftr-297	822	26	a	a	DET
ftr-297	822	27	current	current	ADJ
ftr-297	822	28	distribution	distribution	NOUN
ftr-297	822	29	or	or	CCONJ
ftr-297	822	30	under	under	ADP
ftr-297	822	31	section	section	NOUN
ftr-297	822	32	732(b	732(b	PROPN
ftr-297	822	33	)	)	PUNCT
ftr-297	822	34	in	in	ADP
ftr-297	822	35	a	a	DET
ftr-297	822	36	liquidating	liquidating	NOUN
ftr-297	822	37	distribution	distribution	NOUN
ftr-297	822	38	,	,	PUNCT
ftr-297	822	39	the	the	DET
ftr-297	822	40	adjustment	adjustment	NOUN
ftr-297	822	41	only	only	ADV
ftr-297	822	42	indirectly	indirectly	ADV
ftr-297	822	43	affects	affect	VERB
ftr-297	822	44	the	the	DET
ftr-297	822	45	basis	basis	NOUN
ftr-297	822	46	to	to	ADP
ftr-297	822	47	the	the	DET
ftr-297	822	48	distributee	distributee	NOUN
ftr-297	822	49	of	of	ADP
ftr-297	822	50	the	the	DET
ftr-297	822	51	property	property	NOUN
ftr-297	822	52	through	through	ADP
ftr-297	822	53	the	the	DET
ftr-297	822	54	allocation	allocation	NOUN
ftr-297	822	55	of	of	ADP
ftr-297	822	56	the	the	DET
ftr-297	822	57	distributee	distributee	NOUN
ftr-297	822	58	's	's	PART
ftr-297	822	59	basis	basis	NOUN
ftr-297	822	60	for	for	ADP
ftr-297	822	61	his	his	PRON
ftr-297	822	62	partnership	partnership	NOUN
ftr-297	822	63	interest	interest	NOUN
ftr-297	822	64	under	under	ADP
ftr-297	822	65	section	section	NOUN
ftr-297	822	66	732(c).104	732(c).104	NUM
ftr-297	822	67	102	102	NUM
ftr-297	822	68	.	.	PUNCT
ftr-297	823	1	reg	reg	NOUN
ftr-297	823	2	.	.	PUNCT
ftr-297	824	1	§	§	PROPN
ftr-297	824	2	1.732	1.732	NUM
ftr-297	824	3	-	-	SYM
ftr-297	824	4	1(e	1(e	NUM
ftr-297	824	5	)	)	PUNCT
ftr-297	824	6	.	.	PUNCT
ftr-297	825	1	103	103	NUM
ftr-297	825	2	.	.	PUNCT
ftr-297	825	3	i.r.c	i.r.c	NOUN
ftr-297	825	4	.	.	PUNCT
ftr-297	826	1	§	§	PROPN
ftr-297	826	2	732(a)(1	732(a)(1	NUM
ftr-297	826	3	)	)	PUNCT
ftr-297	826	4	.	.	PUNCT
ftr-297	827	1	104	104	X
ftr-297	827	2	.	.	PUNCT
ftr-297	828	1	see	see	VERB
ftr-297	828	2	i	i	PRON
ftr-297	828	3	d.	d.	PROPN
ftr-297	828	4	§	§	PROPN
ftr-297	828	5	§	§	PROPN
ftr-297	828	6	732(c)(1)(b)(ii	732(c)(1)(b)(ii	NUM
ftr-297	828	7	)	)	PUNCT
ftr-297	828	8	,	,	PUNCT
ftr-297	828	9	732(c)(2)(a	732(c)(2)(a	PROPN
ftr-297	828	10	)	)	PUNCT
ftr-297	828	11	,	,	PUNCT
ftr-297	828	12	732(c)(2)(b	732(c)(2)(b	PROPN
ftr-297	828	13	)	)	PUNCT
ftr-297	828	14	.	.	PUNCT
ftr-297	829	1	2014	2014	NUM
ftr-297	829	2	]	]	PUNCT
ftr-297	829	3	145	145	NUM
ftr-297	829	4	florida	florida	PROPN
ftr-297	829	5	tax	tax	NOUN
ftr-297	829	6	review	review	NOUN
ftr-297	829	7	c.	c.	NOUN
ftr-297	829	8	distribution	distribution	NOUN
ftr-297	829	9	of	of	ADP
ftr-297	829	10	unadjusted	unadjusted	ADJ
ftr-297	829	11	property	property	NOUN
ftr-297	829	12	the	the	DET
ftr-297	829	13	property	property	NOUN
ftr-297	829	14	distributed	distribute	VERB
ftr-297	829	15	to	to	ADP
ftr-297	829	16	a	a	DET
ftr-297	829	17	partner	partner	NOUN
ftr-297	829	18	making	make	VERB
ftr-297	829	19	the	the	DET
ftr-297	829	20	election	election	NOUN
ftr-297	829	21	may	may	AUX
ftr-297	829	22	not	not	PART
ftr-297	829	23	be	be	AUX
ftr-297	829	24	the	the	DET
ftr-297	829	25	property	property	NOUN
ftr-297	829	26	to	to	PART
ftr-297	829	27	which	which	PRON
ftr-297	829	28	the	the	DET
ftr-297	829	29	adjustment	adjustment	NOUN
ftr-297	829	30	applies	apply	VERB
ftr-297	829	31	.	.	PUNCT
ftr-297	830	1	in	in	ADP
ftr-297	830	2	that	that	DET
ftr-297	830	3	case	case	NOUN
ftr-297	830	4	,	,	PUNCT
ftr-297	830	5	the	the	DET
ftr-297	830	6	special	special	ADJ
ftr-297	830	7	basis	basis	NOUN
ftr-297	830	8	adjustment	adjustment	NOUN
ftr-297	830	9	will	will	AUX
ftr-297	830	10	apply	apply	VERB
ftr-297	830	11	instead	instead	ADV
ftr-297	830	12	to	to	ADP
ftr-297	830	13	any	any	DET
ftr-297	830	14	like	like	ADJ
ftr-297	830	15	-	-	PUNCT
ftr-297	830	16	kind	kind	NOUN
ftr-297	830	17	property	property	NOUN
ftr-297	830	18	received	receive	VERB
ftr-297	830	19	by	by	ADP
ftr-297	830	20	the	the	DET
ftr-297	830	21	distributee	distributee	NOUN
ftr-297	830	22	,	,	PUNCT
ftr-297	830	23	provided	provide	VERB
ftr-297	830	24	he	he	PRON
ftr-297	830	25	has	have	AUX
ftr-297	830	26	relinquished	relinquish	VERB
ftr-297	830	27	his	his	PRON
ftr-297	830	28	interest	interest	NOUN
ftr-297	830	29	in	in	ADP
ftr-297	830	30	the	the	DET
ftr-297	830	31	property	property	NOUN
ftr-297	830	32	with	with	ADP
ftr-297	830	33	respect	respect	NOUN
ftr-297	830	34	to	to	ADP
ftr-297	830	35	which	which	PRON
ftr-297	830	36	the	the	DET
ftr-297	830	37	special	special	ADJ
ftr-297	830	38	basis	basis	NOUN
ftr-297	830	39	adjustment	adjustment	NOUN
ftr-297	830	40	applies	apply	VERB
ftr-297	830	41	.	.	PUNCT
ftr-297	831	1	'os	'os	PUNCT
ftr-297	832	1	the	the	DET
ftr-297	832	2	property	property	NOUN
ftr-297	832	3	distributed	distribute	VERB
ftr-297	832	4	need	need	AUX
ftr-297	832	5	not	not	PART
ftr-297	832	6	have	have	AUX
ftr-297	832	7	been	be	AUX
ftr-297	832	8	on	on	ADP
ftr-297	832	9	hand	hand	NOUN
ftr-297	832	10	when	when	SCONJ
ftr-297	832	11	the	the	DET
ftr-297	832	12	distributee	distributee	NOUN
ftr-297	832	13	acquired	acquire	VERB
ftr-297	832	14	his	his	PRON
ftr-297	832	15	partnership	partnership	NOUN
ftr-297	832	16	interest	interest	NOUN
ftr-297	832	17	as	as	ADV
ftr-297	832	18	long	long	ADV
ftr-297	832	19	as	as	SCONJ
ftr-297	832	20	it	it	PRON
ftr-297	832	21	is	be	AUX
ftr-297	832	22	similar	similar	ADJ
ftr-297	832	23	property	property	NOUN
ftr-297	832	24	to	to	PART
ftr-297	832	25	which	which	PRON
ftr-297	832	26	the	the	DET
ftr-297	832	27	section	section	NOUN
ftr-297	832	28	743(b	743(b	NOUN
ftr-297	832	29	)	)	PUNCT
ftr-297	832	30	adjustment	adjustment	NOUN
ftr-297	832	31	would	would	AUX
ftr-297	832	32	have	have	AUX
ftr-297	832	33	applied	apply	VERB
ftr-297	832	34	.	.	PUNCT
ftr-297	833	1	106	106	NUM
ftr-297	833	2	such	such	ADJ
ftr-297	833	3	shifting	shifting	NOUN
ftr-297	833	4	may	may	AUX
ftr-297	833	5	be	be	AUX
ftr-297	833	6	very	very	ADV
ftr-297	833	7	detailed	detailed	ADJ
ftr-297	833	8	and	and	CCONJ
ftr-297	833	9	complicated.10	complicated.10	PROPN
ftr-297	833	10	7	7	NUM
ftr-297	833	11	d.	d.	NOUN
ftr-297	833	12	application	application	NOUN
ftr-297	833	13	ofsection	ofsection	NOUN
ftr-297	833	14	732(d	732(d	PROPN
ftr-297	833	15	)	)	PUNCT
ftr-297	833	16	by	by	ADP
ftr-297	833	17	requirement	requirement	NOUN
ftr-297	833	18	of	of	ADP
ftr-297	833	19	commissioner	commissioner	NOUN
ftr-297	833	20	section	section	PROPN
ftr-297	833	21	732(d	732(d	PROPN
ftr-297	833	22	)	)	PUNCT
ftr-297	834	1	requires	require	VERB
ftr-297	834	2	a	a	DET
ftr-297	834	3	mandatory	mandatory	ADJ
ftr-297	834	4	adjustment	adjustment	NOUN
ftr-297	834	5	to	to	ADP
ftr-297	834	6	distributed	distribute	VERB
ftr-297	834	7	property	property	NOUN
ftr-297	834	8	in	in	ADP
ftr-297	834	9	certain	certain	ADJ
ftr-297	834	10	circumstances	circumstance	NOUN
ftr-297	834	11	.	.	PUNCT
ftr-297	835	1	a	a	DET
ftr-297	835	2	partner	partner	NOUN
ftr-297	835	3	who	who	PRON
ftr-297	835	4	acquired	acquire	VERB
ftr-297	835	5	his	his	PRON
ftr-297	835	6	interest	interest	NOUN
ftr-297	835	7	by	by	ADP
ftr-297	835	8	a	a	DET
ftr-297	835	9	transfer	transfer	NOUN
ftr-297	835	10	to	to	PART
ftr-297	835	11	which	which	PRON
ftr-297	835	12	the	the	DET
ftr-297	835	13	section	section	NOUN
ftr-297	835	14	754	754	NUM
ftr-297	835	15	election	election	NOUN
ftr-297	835	16	was	be	AUX
ftr-297	835	17	not	not	PART
ftr-297	835	18	in	in	ADP
ftr-297	835	19	effect	effect	NOUN
ftr-297	835	20	is	be	AUX
ftr-297	835	21	required	require	VERB
ftr-297	835	22	to	to	PART
ftr-297	835	23	apply	apply	VERB
ftr-297	835	24	the	the	DET
ftr-297	835	25	adjustment	adjustment	NOUN
ftr-297	835	26	to	to	ADP
ftr-297	835	27	a	a	DET
ftr-297	835	28	distribution	distribution	NOUN
ftr-297	835	29	made	make	VERB
ftr-297	835	30	to	to	ADP
ftr-297	835	31	him	he	PRON
ftr-297	835	32	at	at	ADP
ftr-297	835	33	any	any	DET
ftr-297	835	34	time	time	NOUN
ftr-297	835	35	(	(	PUNCT
ftr-297	835	36	not	not	PART
ftr-297	835	37	only	only	ADV
ftr-297	835	38	within	within	ADP
ftr-297	835	39	two	two	NUM
ftr-297	835	40	years	year	NOUN
ftr-297	835	41	)	)	PUNCT
ftr-297	835	42	if	if	SCONJ
ftr-297	835	43	at	at	ADP
ftr-297	835	44	the	the	DET
ftr-297	835	45	time	time	NOUN
ftr-297	835	46	the	the	DET
ftr-297	835	47	interest	interest	NOUN
ftr-297	835	48	was	be	AUX
ftr-297	835	49	acquired	acquire	VERB
ftr-297	835	50	the	the	DET
ftr-297	835	51	following	follow	VERB
ftr-297	835	52	conditions	condition	NOUN
ftr-297	835	53	are	be	AUX
ftr-297	835	54	met	meet	VERB
ftr-297	835	55	:	:	PUNCT
ftr-297	836	1	1	1	X
ftr-297	836	2	.	.	X
ftr-297	836	3	the	the	DET
ftr-297	836	4	fair	fair	ADJ
ftr-297	836	5	market	market	NOUN
ftr-297	836	6	value	value	NOUN
ftr-297	836	7	of	of	ADP
ftr-297	836	8	all	all	DET
ftr-297	836	9	partnership	partnership	NOUN
ftr-297	836	10	property	property	NOUN
ftr-297	836	11	(	(	PUNCT
ftr-297	836	12	other	other	ADJ
ftr-297	836	13	than	than	ADP
ftr-297	836	14	money	money	NOUN
ftr-297	836	15	)	)	PUNCT
ftr-297	836	16	exceeds	exceed	VERB
ftr-297	836	17	110	110	NUM
ftr-297	836	18	percent	percent	NOUN
ftr-297	836	19	of	of	ADP
ftr-297	836	20	its	its	PRON
ftr-297	836	21	adjusted	adjusted	ADJ
ftr-297	836	22	basis	basis	NOUN
ftr-297	836	23	to	to	ADP
ftr-297	836	24	the	the	DET
ftr-297	836	25	partnership	partnership	NOUN
ftr-297	836	26	;	;	PUNCT
ftr-297	836	27	2	2	X
ftr-297	836	28	.	.	X
ftr-297	836	29	an	an	DET
ftr-297	836	30	allocation	allocation	NOUN
ftr-297	836	31	of	of	ADP
ftr-297	836	32	basis	basis	NOUN
ftr-297	836	33	under	under	ADP
ftr-297	836	34	section	section	NOUN
ftr-297	836	35	732(c	732(c	PROPN
ftr-297	836	36	)	)	PUNCT
ftr-297	836	37	(	(	PUNCT
ftr-297	836	38	if	if	SCONJ
ftr-297	836	39	the	the	DET
ftr-297	836	40	interest	interest	NOUN
ftr-297	836	41	had	have	AUX
ftr-297	836	42	been	be	AUX
ftr-297	836	43	liquidated	liquidate	VERB
ftr-297	836	44	immediately	immediately	ADV
ftr-297	836	45	after	after	ADP
ftr-297	836	46	the	the	DET
ftr-297	836	47	transfer	transfer	NOUN
ftr-297	836	48	)	)	PUNCT
ftr-297	836	49	would	would	AUX
ftr-297	836	50	have	have	AUX
ftr-297	836	51	shifted	shift	VERB
ftr-297	836	52	basis	basis	NOUN
ftr-297	836	53	from	from	ADP
ftr-297	836	54	property	property	NOUN
ftr-297	836	55	not	not	PART
ftr-297	836	56	subject	subject	ADJ
ftr-297	836	57	to	to	ADP
ftr-297	836	58	an	an	DET
ftr-297	836	59	allowance	allowance	NOUN
ftr-297	836	60	for	for	ADP
ftr-297	836	61	depreciation	depreciation	NOUN
ftr-297	836	62	,	,	PUNCT
ftr-297	836	63	depletion	depletion	NOUN
ftr-297	836	64	,	,	PUNCT
ftr-297	836	65	or	or	CCONJ
ftr-297	836	66	amortization	amortization	NOUN
ftr-297	836	67	to	to	ADP
ftr-297	836	68	property	property	NOUN
ftr-297	836	69	subject	subject	ADJ
ftr-297	836	70	to	to	ADP
ftr-297	836	71	such	such	ADJ
ftr-297	836	72	allowance	allowance	NOUN
ftr-297	836	73	;	;	PUNCT
ftr-297	836	74	and	and	CCONJ
ftr-297	836	75	3	3	X
ftr-297	836	76	.	.	X
ftr-297	836	77	a	a	DET
ftr-297	836	78	special	special	ADJ
ftr-297	836	79	basis	basis	NOUN
ftr-297	836	80	adjustment	adjustment	NOUN
ftr-297	836	81	under	under	ADP
ftr-297	836	82	section	section	NOUN
ftr-297	836	83	743(b	743(b	PROPN
ftr-297	836	84	)	)	PUNCT
ftr-297	836	85	would	would	AUX
ftr-297	836	86	change	change	VERB
ftr-297	836	87	the	the	DET
ftr-297	836	88	basis	basis	NOUN
ftr-297	836	89	to	to	ADP
ftr-297	836	90	the	the	DET
ftr-297	836	91	distributee	distributee	NOUN
ftr-297	836	92	of	of	ADP
ftr-297	836	93	the	the	DET
ftr-297	836	94	property	property	NOUN
ftr-297	836	95	actually	actually	ADV
ftr-297	836	96	distributed	distribute	VERB
ftr-297	836	97	.	.	PUNCT
ftr-297	837	1	'0o	'0o	PROPN
ftr-297	837	2	the	the	DET
ftr-297	837	3	purpose	purpose	NOUN
ftr-297	837	4	of	of	ADP
ftr-297	837	5	the	the	DET
ftr-297	837	6	requirement	requirement	NOUN
ftr-297	837	7	is	be	AUX
ftr-297	837	8	to	to	PART
ftr-297	837	9	prevent	prevent	VERB
ftr-297	837	10	distortions	distortion	NOUN
ftr-297	837	11	beneficial	beneficial	ADJ
ftr-297	837	12	to	to	ADP
ftr-297	837	13	the	the	DET
ftr-297	837	14	taxpayer	taxpayer	NOUN
ftr-297	837	15	resulting	result	VERB
ftr-297	837	16	from	from	ADP
ftr-297	837	17	shifting	shift	VERB
ftr-297	837	18	increases	increase	NOUN
ftr-297	837	19	in	in	ADP
ftr-297	837	20	the	the	DET
ftr-297	837	21	value	value	NOUN
ftr-297	837	22	of	of	ADP
ftr-297	837	23	non	non	ADJ
ftr-297	837	24	-	-	ADJ
ftr-297	837	25	depreciable	depreciable	ADJ
ftr-297	837	26	property	property	NOUN
ftr-297	837	27	to	to	ADP
ftr-297	837	28	the	the	DET
ftr-297	837	29	basis	basis	NOUN
ftr-297	837	30	of	of	ADP
ftr-297	837	31	depreciable	depreciable	ADJ
ftr-297	837	32	property	property	NOUN
ftr-297	837	33	.	.	PUNCT
ftr-297	838	1	the	the	DET
ftr-297	838	2	impact	impact	NOUN
ftr-297	838	3	of	of	ADP
ftr-297	838	4	section	section	NOUN
ftr-297	838	5	732(d	732(d	PROPN
ftr-297	838	6	)	)	PUNCT
ftr-297	838	7	was	be	AUX
ftr-297	838	8	narrowed	narrow	VERB
ftr-297	838	9	by	by	ADP
ftr-297	838	10	the	the	DET
ftr-297	838	11	amendments	amendment	NOUN
ftr-297	838	12	to	to	PART
ftr-297	838	13	section	section	VERB
ftr-297	838	14	732(c	732(c	PROPN
ftr-297	838	15	)	)	PUNCT
ftr-297	838	16	affecting	affect	VERB
ftr-297	838	17	basis	basis	NOUN
ftr-297	838	18	determinations	determination	NOUN
ftr-297	838	19	for	for	ADP
ftr-297	838	20	distributed	distribute	VERB
ftr-297	838	21	property	property	NOUN
ftr-297	838	22	as	as	ADV
ftr-297	838	23	well	well	ADV
ftr-297	838	24	as	as	ADP
ftr-297	838	25	by	by	ADP
ftr-297	838	26	the	the	DET
ftr-297	838	27	enactment	enactment	NOUN
ftr-297	838	28	of	of	ADP
ftr-297	838	29	section	section	NOUN
ftr-297	838	30	197	197	NUM
ftr-297	838	31	,	,	PUNCT
ftr-297	838	32	which	which	PRON
ftr-297	838	33	allows	allow	VERB
ftr-297	838	34	for	for	ADP
ftr-297	838	35	the	the	DET
ftr-297	838	36	amortization	amortization	NOUN
ftr-297	838	37	of	of	ADP
ftr-297	838	38	intangible	intangible	ADJ
ftr-297	838	39	assets	asset	NOUN
ftr-297	838	40	.	.	PUNCT
ftr-297	839	1	section	section	NOUN
ftr-297	839	2	732(d	732(d	PROPN
ftr-297	839	3	)	)	PUNCT
ftr-297	839	4	applies	apply	VERB
ftr-297	839	5	on	on	ADP
ftr-297	839	6	a	a	DET
ftr-297	839	7	mandatory	mandatory	ADJ
ftr-297	839	8	basis	basis	NOUN
ftr-297	840	1	only	only	ADV
ftr-297	840	2	if	if	SCONJ
ftr-297	840	3	an	an	DET
ftr-297	840	4	105	105	NUM
ftr-297	840	5	.	.	PUNCT
ftr-297	840	6	reg	reg	NOUN
ftr-297	840	7	.	.	PUNCT
ftr-297	841	1	§	§	PROPN
ftr-297	841	2	1.732	1.732	NUM
ftr-297	841	3	-	-	PUNCT
ftr-297	841	4	l(d)(1)(v	l(d)(1)(v	PROPN
ftr-297	841	5	)	)	PUNCT
ftr-297	841	6	.	.	PUNCT
ftr-297	842	1	106	106	NUM
ftr-297	842	2	.	.	PUNCT
ftr-297	843	1	i	i	PRON
ftr-297	843	2	d.	d.	PROPN
ftr-297	843	3	§	§	PROPN
ftr-297	843	4	1.732	1.732	NUM
ftr-297	843	5	-	-	PUNCT
ftr-297	843	6	l(d)(1)(vi	l(d)(1)(vi	NOUN
ftr-297	843	7	)	)	PUNCT
ftr-297	843	8	,	,	PUNCT
ftr-297	843	9	ex	ex	NOUN
ftr-297	843	10	.	.	NOUN
ftr-297	843	11	107	107	NUM
ftr-297	843	12	.	.	PUNCT
ftr-297	844	1	i	i	PRON
ftr-297	844	2	d.	d.	PROPN
ftr-297	844	3	§	§	PROPN
ftr-297	844	4	1.743	1.743	NUM
ftr-297	844	5	-	-	SYM
ftr-297	844	6	1(g)(2)(ii	1(g)(2)(ii	NUM
ftr-297	844	7	)	)	PUNCT
ftr-297	844	8	.	.	PUNCT
ftr-297	845	1	108	108	NUM
ftr-297	845	2	.	.	PUNCT
ftr-297	846	1	i	i	PRON
ftr-297	846	2	d.	d.	PROPN
ftr-297	846	3	§	§	PROPN
ftr-297	846	4	1.732	1.732	NUM
ftr-297	846	5	-	-	SYM
ftr-297	846	6	1(d)(4	1(d)(4	NUM
ftr-297	846	7	)	)	PUNCT
ftr-297	846	8	.	.	PUNCT
ftr-297	847	1	146	146	NUM
ftr-297	848	1	[	[	X
ftr-297	848	2	vol	vol	NOUN
ftr-297	848	3	.	.	PUNCT
ftr-297	849	1	15:3	15:3	NUM
ftr-297	849	2	optional	optional	ADJ
ftr-297	849	3	basis	basis	NOUN
ftr-297	849	4	adjustments	adjustment	NOUN
ftr-297	849	5	under	under	ADP
ftr-297	849	6	subchapter	subchapter	NOUN
ftr-297	849	7	k	k	NOUN
ftr-297	849	8	allocation	allocation	NOUN
ftr-297	849	9	of	of	ADP
ftr-297	849	10	basis	basis	NOUN
ftr-297	849	11	under	under	ADP
ftr-297	849	12	section	section	NOUN
ftr-297	849	13	732(c	732(c	PROPN
ftr-297	849	14	)	)	PUNCT
ftr-297	849	15	would	would	AUX
ftr-297	849	16	have	have	AUX
ftr-297	849	17	resulted	result	VERB
ftr-297	849	18	in	in	ADP
ftr-297	849	19	a	a	DET
ftr-297	849	20	shift	shift	NOUN
ftr-297	849	21	of	of	ADP
ftr-297	849	22	basis	basis	NOUN
ftr-297	849	23	from	from	ADP
ftr-297	849	24	property	property	NOUN
ftr-297	849	25	not	not	PART
ftr-297	849	26	subject	subject	ADJ
ftr-297	849	27	to	to	ADP
ftr-297	849	28	an	an	DET
ftr-297	849	29	allowance	allowance	NOUN
ftr-297	849	30	for	for	ADP
ftr-297	849	31	depreciation	depreciation	NOUN
ftr-297	849	32	,	,	PUNCT
ftr-297	849	33	depletion	depletion	NOUN
ftr-297	849	34	,	,	PUNCT
ftr-297	849	35	or	or	CCONJ
ftr-297	849	36	amortization	amortization	NOUN
ftr-297	849	37	to	to	ADP
ftr-297	849	38	property	property	NOUN
ftr-297	849	39	subject	subject	ADJ
ftr-297	849	40	to	to	ADP
ftr-297	849	41	such	such	DET
ftr-297	849	42	an	an	DET
ftr-297	849	43	allowance	allowance	NOUN
ftr-297	849	44	.	.	PUNCT
ftr-297	850	1	prior	prior	ADV
ftr-297	850	2	to	to	ADP
ftr-297	850	3	its	its	PRON
ftr-297	850	4	amendment	amendment	NOUN
ftr-297	850	5	,	,	PUNCT
ftr-297	850	6	section	section	NOUN
ftr-297	850	7	732(c	732(c	PROPN
ftr-297	850	8	)	)	PUNCT
ftr-297	850	9	focused	focus	VERB
ftr-297	850	10	on	on	ADP
ftr-297	850	11	the	the	DET
ftr-297	850	12	distributed	distribute	VERB
ftr-297	850	13	property	property	NOUN
ftr-297	850	14	's	's	PART
ftr-297	850	15	basis	basis	NOUN
ftr-297	850	16	in	in	ADP
ftr-297	850	17	allocating	allocate	VERB
ftr-297	850	18	unused	unused	ADJ
ftr-297	850	19	basis	basis	NOUN
ftr-297	850	20	of	of	ADP
ftr-297	850	21	the	the	DET
ftr-297	850	22	partnership	partnership	NOUN
ftr-297	850	23	interest	interest	NOUN
ftr-297	850	24	to	to	ADP
ftr-297	850	25	the	the	DET
ftr-297	850	26	distributed	distribute	VERB
ftr-297	850	27	assets	asset	NOUN
ftr-297	850	28	.	.	PUNCT
ftr-297	851	1	it	it	PRON
ftr-297	851	2	now	now	ADV
ftr-297	851	3	focuses	focus	VERB
ftr-297	851	4	on	on	ADP
ftr-297	851	5	relative	relative	ADJ
ftr-297	851	6	appreciation	appreciation	NOUN
ftr-297	851	7	,	,	PUNCT
ftr-297	851	8	thereby	thereby	ADV
ftr-297	851	9	minimizing	minimize	VERB
ftr-297	851	10	such	such	ADJ
ftr-297	851	11	shifts	shift	NOUN
ftr-297	851	12	.	.	PUNCT
ftr-297	852	1	prior	prior	ADV
ftr-297	852	2	to	to	ADP
ftr-297	852	3	the	the	DET
ftr-297	852	4	enactment	enactment	NOUN
ftr-297	852	5	of	of	ADP
ftr-297	852	6	section	section	NOUN
ftr-297	852	7	197	197	NUM
ftr-297	852	8	,	,	PUNCT
ftr-297	852	9	a	a	DET
ftr-297	852	10	partnership	partnership	NOUN
ftr-297	852	11	frequently	frequently	ADV
ftr-297	852	12	would	would	AUX
ftr-297	852	13	own	own	VERB
ftr-297	852	14	both	both	CCONJ
ftr-297	852	15	depreciable	depreciable	ADJ
ftr-297	852	16	and	and	CCONJ
ftr-297	852	17	non	non	ADJ
ftr-297	852	18	-	-	ADJ
ftr-297	852	19	depreciable	depreciable	ADJ
ftr-297	852	20	property	property	NOUN
ftr-297	852	21	.	.	PUNCT
ftr-297	853	1	the	the	DET
ftr-297	853	2	enactment	enactment	NOUN
ftr-297	853	3	of	of	ADP
ftr-297	853	4	section	section	NOUN
ftr-297	853	5	197	197	NUM
ftr-297	853	6	means	mean	NOUN
ftr-297	853	7	,	,	PUNCT
ftr-297	853	8	however	however	ADV
ftr-297	853	9	,	,	PUNCT
ftr-297	853	10	that	that	SCONJ
ftr-297	853	11	some	some	DET
ftr-297	853	12	intangible	intangible	ADJ
ftr-297	853	13	assets	asset	NOUN
ftr-297	853	14	owned	own	VERB
ftr-297	853	15	by	by	ADP
ftr-297	853	16	a	a	DET
ftr-297	853	17	partnership	partnership	NOUN
ftr-297	853	18	are	be	AUX
ftr-297	853	19	now	now	ADV
ftr-297	853	20	subject	subject	ADJ
ftr-297	853	21	to	to	ADP
ftr-297	853	22	an	an	DET
ftr-297	853	23	allowance	allowance	NOUN
ftr-297	853	24	for	for	ADP
ftr-297	853	25	amortization	amortization	NOUN
ftr-297	853	26	.	.	PUNCT
ftr-297	854	1	thus	thus	ADV
ftr-297	854	2	,	,	PUNCT
ftr-297	854	3	although	although	SCONJ
ftr-297	854	4	basis	basis	NOUN
ftr-297	854	5	shifting	shift	VERB
ftr-297	854	6	may	may	AUX
ftr-297	854	7	occur	occur	VERB
ftr-297	854	8	(	(	PUNCT
ftr-297	854	9	and	and	CCONJ
ftr-297	854	10	basis	basis	NOUN
ftr-297	854	11	may	may	AUX
ftr-297	854	12	be	be	AUX
ftr-297	854	13	shifted	shift	VERB
ftr-297	854	14	from	from	ADP
ftr-297	854	15	assets	asset	NOUN
ftr-297	854	16	with	with	ADP
ftr-297	854	17	longer	long	ADJ
ftr-297	854	18	lives	life	NOUN
ftr-297	854	19	to	to	ADP
ftr-297	854	20	those	those	PRON
ftr-297	854	21	with	with	ADP
ftr-297	854	22	shorter	short	ADJ
ftr-297	854	23	lives	life	NOUN
ftr-297	854	24	)	)	PUNCT
ftr-297	854	25	,	,	PUNCT
ftr-297	854	26	section	section	NOUN
ftr-297	854	27	732(d	732(d	PROPN
ftr-297	854	28	)	)	PUNCT
ftr-297	854	29	would	would	AUX
ftr-297	854	30	not	not	PART
ftr-297	854	31	be	be	AUX
ftr-297	854	32	applicable	applicable	ADJ
ftr-297	854	33	because	because	SCONJ
ftr-297	854	34	the	the	DET
ftr-297	854	35	assets	asset	NOUN
ftr-297	854	36	still	still	ADV
ftr-297	854	37	would	would	AUX
ftr-297	854	38	be	be	AUX
ftr-297	854	39	depreciable	depreciable	ADJ
ftr-297	854	40	or	or	CCONJ
ftr-297	854	41	amortizable	amortizable	ADJ
ftr-297	854	42	.	.	PUNCT
ftr-297	855	1	section	section	NOUN
ftr-297	855	2	732(d	732(d	PROPN
ftr-297	855	3	)	)	PUNCT
ftr-297	855	4	can	can	AUX
ftr-297	855	5	apply	apply	VERB
ftr-297	855	6	with	with	ADP
ftr-297	855	7	respect	respect	NOUN
ftr-297	855	8	to	to	ADP
ftr-297	855	9	a	a	DET
ftr-297	855	10	partnership	partnership	NOUN
ftr-297	855	11	that	that	PRON
ftr-297	855	12	owns	own	VERB
ftr-297	855	13	land	land	NOUN
ftr-297	855	14	or	or	CCONJ
ftr-297	855	15	other	other	ADJ
ftr-297	855	16	non	non	ADJ
ftr-297	855	17	-	-	ADJ
ftr-297	855	18	depreciable	depreciable	ADJ
ftr-297	855	19	property	property	NOUN
ftr-297	855	20	;	;	PUNCT
ftr-297	855	21	however	however	ADV
ftr-297	855	22	,	,	PUNCT
ftr-297	855	23	the	the	DET
ftr-297	855	24	impact	impact	NOUN
ftr-297	855	25	of	of	ADP
ftr-297	855	26	this	this	DET
ftr-297	855	27	provision	provision	NOUN
ftr-297	855	28	has	have	AUX
ftr-297	855	29	been	be	AUX
ftr-297	855	30	narrowed	narrow	VERB
ftr-297	855	31	.	.	PUNCT
ftr-297	856	1	vii	vii	PROPN
ftr-297	856	2	.	.	PUNCT
ftr-297	856	3	traps	trap	NOUN
ftr-297	856	4	for	for	ADP
ftr-297	856	5	the	the	DET
ftr-297	856	6	unwary	unwary	ADJ
ftr-297	856	7	and	and	CCONJ
ftr-297	856	8	tax	tax	NOUN
ftr-297	856	9	planning	planning	NOUN
ftr-297	856	10	opportunities	opportunity	NOUN
ftr-297	856	11	as	as	SCONJ
ftr-297	856	12	illustrated	illustrate	VERB
ftr-297	856	13	in	in	ADP
ftr-297	856	14	the	the	DET
ftr-297	856	15	prior	prior	ADJ
ftr-297	856	16	discussion	discussion	NOUN
ftr-297	856	17	,	,	PUNCT
ftr-297	856	18	the	the	DET
ftr-297	856	19	basis	basis	NOUN
ftr-297	856	20	adjustments	adjustment	NOUN
ftr-297	856	21	of	of	ADP
ftr-297	856	22	subchapter	subchapter	NOUN
ftr-297	856	23	k	k	PROPN
ftr-297	856	24	afford	afford	NOUN
ftr-297	856	25	planning	planning	NOUN
ftr-297	856	26	opportunities	opportunity	NOUN
ftr-297	856	27	for	for	ADP
ftr-297	856	28	those	those	PRON
ftr-297	856	29	with	with	ADP
ftr-297	856	30	a	a	DET
ftr-297	856	31	working	work	VERB
ftr-297	856	32	knowledge	knowledge	NOUN
ftr-297	856	33	of	of	ADP
ftr-297	856	34	their	their	PRON
ftr-297	856	35	application	application	NOUN
ftr-297	856	36	and	and	CCONJ
ftr-297	856	37	the	the	DET
ftr-297	856	38	results	result	NOUN
ftr-297	856	39	that	that	PRON
ftr-297	856	40	they	they	PRON
ftr-297	856	41	can	can	AUX
ftr-297	856	42	generate	generate	VERB
ftr-297	856	43	.	.	PUNCT
ftr-297	857	1	on	on	ADP
ftr-297	857	2	the	the	DET
ftr-297	857	3	tax	tax	NOUN
ftr-297	857	4	planning	planning	NOUN
ftr-297	857	5	side	side	NOUN
ftr-297	857	6	for	for	ADP
ftr-297	857	7	section	section	NOUN
ftr-297	857	8	743(b	743(b	PROPN
ftr-297	857	9	)	)	PUNCT
ftr-297	857	10	,	,	PUNCT
ftr-297	857	11	the	the	DET
ftr-297	857	12	transferee	transferee	NOUN
ftr-297	857	13	with	with	ADP
ftr-297	857	14	a	a	DET
ftr-297	857	15	willing	willing	ADJ
ftr-297	857	16	partnership	partnership	NOUN
ftr-297	857	17	should	should	AUX
ftr-297	857	18	elect	elect	VERB
ftr-297	857	19	the	the	DET
ftr-297	857	20	adjustment	adjustment	NOUN
ftr-297	857	21	where	where	SCONJ
ftr-297	857	22	the	the	DET
ftr-297	857	23	partnership	partnership	NOUN
ftr-297	857	24	holds	hold	VERB
ftr-297	857	25	appreciated	appreciated	ADJ
ftr-297	857	26	assets	asset	NOUN
ftr-297	857	27	and	and	CCONJ
ftr-297	857	28	thereby	thereby	ADV
ftr-297	857	29	avoid	avoid	VERB
ftr-297	857	30	double	double	ADJ
ftr-297	857	31	taxation	taxation	NOUN
ftr-297	857	32	provided	provide	VERB
ftr-297	857	33	the	the	DET
ftr-297	857	34	parties	party	NOUN
ftr-297	857	35	are	be	AUX
ftr-297	857	36	"	"	PUNCT
ftr-297	857	37	comfortable	comfortable	ADJ
ftr-297	857	38	"	"	PUNCT
ftr-297	857	39	about	about	ADP
ftr-297	857	40	future	future	ADJ
ftr-297	857	41	events	event	NOUN
ftr-297	857	42	,	,	PUNCT
ftr-297	857	43	i.e.	i.e.	X
ftr-297	857	44	,	,	PUNCT
ftr-297	857	45	the	the	DET
ftr-297	857	46	foreseeable	foreseeable	ADJ
ftr-297	857	47	future	future	NOUN
ftr-297	857	48	will	will	AUX
ftr-297	857	49	continue	continue	VERB
ftr-297	857	50	to	to	PART
ftr-297	857	51	involve	involve	VERB
ftr-297	857	52	an	an	DET
ftr-297	857	53	appreciation	appreciation	NOUN
ftr-297	857	54	of	of	ADP
ftr-297	857	55	the	the	DET
ftr-297	857	56	partnership	partnership	NOUN
ftr-297	857	57	's	's	PART
ftr-297	857	58	assets	asset	NOUN
ftr-297	857	59	.	.	PUNCT
ftr-297	858	1	furthermore	furthermore	ADV
ftr-297	858	2	,	,	PUNCT
ftr-297	858	3	the	the	DET
ftr-297	858	4	transferee	transferee	NOUN
ftr-297	858	5	will	will	AUX
ftr-297	858	6	be	be	AUX
ftr-297	858	7	entitled	entitle	VERB
ftr-297	858	8	to	to	ADP
ftr-297	858	9	additional	additional	ADJ
ftr-297	858	10	amortization	amortization	NOUN
ftr-297	858	11	and	and	CCONJ
ftr-297	858	12	depreciation	depreciation	NOUN
ftr-297	858	13	deductions	deduction	NOUN
ftr-297	858	14	if	if	SCONJ
ftr-297	858	15	the	the	DET
ftr-297	858	16	partnership	partnership	NOUN
ftr-297	858	17	holds	hold	VERB
ftr-297	858	18	such	such	ADJ
ftr-297	858	19	property	property	NOUN
ftr-297	858	20	.	.	PUNCT
ftr-297	859	1	the	the	DET
ftr-297	859	2	difficulty	difficulty	NOUN
ftr-297	859	3	with	with	ADP
ftr-297	859	4	the	the	DET
ftr-297	859	5	election	election	NOUN
ftr-297	859	6	,	,	PUNCT
ftr-297	859	7	even	even	ADV
ftr-297	859	8	where	where	SCONJ
ftr-297	859	9	it	it	PRON
ftr-297	859	10	is	be	AUX
ftr-297	859	11	certain	certain	ADJ
ftr-297	859	12	that	that	SCONJ
ftr-297	859	13	it	it	PRON
ftr-297	859	14	will	will	AUX
ftr-297	859	15	avoid	avoid	VERB
ftr-297	859	16	double	double	ADJ
ftr-297	859	17	taxation	taxation	NOUN
ftr-297	859	18	by	by	ADP
ftr-297	859	19	the	the	DET
ftr-297	859	20	transferee	transferee	NOUN
ftr-297	859	21	or	or	CCONJ
ftr-297	859	22	afford	afford	VERB
ftr-297	859	23	additional	additional	ADJ
ftr-297	859	24	deductions	deduction	NOUN
ftr-297	859	25	,	,	PUNCT
ftr-297	859	26	is	be	AUX
ftr-297	859	27	that	that	SCONJ
ftr-297	859	28	the	the	DET
ftr-297	859	29	election	election	NOUN
ftr-297	859	30	is	be	AUX
ftr-297	859	31	binding	bind	VERB
ftr-297	859	32	into	into	ADP
ftr-297	859	33	the	the	DET
ftr-297	859	34	future	future	NOUN
ftr-297	859	35	,	,	PUNCT
ftr-297	859	36	not	not	PART
ftr-297	859	37	only	only	ADV
ftr-297	859	38	with	with	ADP
ftr-297	859	39	respect	respect	NOUN
ftr-297	859	40	to	to	ADP
ftr-297	859	41	future	future	ADJ
ftr-297	859	42	transferees	transferee	NOUN
ftr-297	859	43	under	under	ADP
ftr-297	859	44	section	section	NOUN
ftr-297	859	45	743(b	743(b	PROPN
ftr-297	859	46	)	)	PUNCT
ftr-297	859	47	,	,	PUNCT
ftr-297	859	48	but	but	CCONJ
ftr-297	859	49	also	also	ADV
ftr-297	859	50	to	to	ADP
ftr-297	859	51	future	future	ADJ
ftr-297	859	52	distributions	distribution	NOUN
ftr-297	859	53	of	of	ADP
ftr-297	859	54	property	property	NOUN
ftr-297	859	55	subject	subject	NOUN
ftr-297	859	56	to	to	ADP
ftr-297	859	57	section	section	NOUN
ftr-297	859	58	734(b	734(b	PROPN
ftr-297	859	59	)	)	PUNCT
ftr-297	859	60	adjustments	adjustment	NOUN
ftr-297	859	61	.	.	PUNCT
ftr-297	860	1	thus	thus	ADV
ftr-297	860	2	,	,	PUNCT
ftr-297	860	3	if	if	SCONJ
ftr-297	860	4	the	the	DET
ftr-297	860	5	partnership	partnership	NOUN
ftr-297	860	6	subsequently	subsequently	ADV
ftr-297	860	7	experiences	experience	VERB
ftr-297	860	8	economic	economic	ADJ
ftr-297	860	9	reversals	reversal	NOUN
ftr-297	860	10	,	,	PUNCT
ftr-297	860	11	the	the	DET
ftr-297	860	12	benefits	benefit	NOUN
ftr-297	860	13	of	of	ADP
ftr-297	860	14	failing	fail	VERB
ftr-297	860	15	to	to	PART
ftr-297	860	16	elect	elect	VERB
ftr-297	860	17	,	,	PUNCT
ftr-297	860	18	i.e.	i.e.	X
ftr-297	860	19	,	,	PUNCT
ftr-297	860	20	"	"	PUNCT
ftr-297	860	21	duplication	duplication	NOUN
ftr-297	860	22	of	of	ADP
ftr-297	860	23	loss	loss	NOUN
ftr-297	860	24	,	,	PUNCT
ftr-297	860	25	"	"	PUNCT
ftr-297	860	26	are	be	AUX
ftr-297	860	27	foreclosed	foreclose	VERB
ftr-297	860	28	.	.	PUNCT
ftr-297	861	1	in	in	ADP
ftr-297	861	2	the	the	DET
ftr-297	861	3	depreciated	depreciate	VERB
ftr-297	861	4	assets	asset	NOUN
ftr-297	861	5	setting	set	VERB
ftr-297	861	6	,	,	PUNCT
ftr-297	861	7	the	the	DET
ftr-297	861	8	parties	party	NOUN
ftr-297	861	9	should	should	AUX
ftr-297	861	10	not	not	PART
ftr-297	861	11	elect	elect	VERB
ftr-297	861	12	where	where	SCONJ
ftr-297	861	13	there	there	PRON
ftr-297	861	14	is	be	VERB
ftr-297	861	15	a	a	DET
ftr-297	861	16	loss	loss	NOUN
ftr-297	861	17	in	in	ADP
ftr-297	861	18	the	the	DET
ftr-297	861	19	partnership	partnership	NOUN
ftr-297	861	20	's	's	PART
ftr-297	861	21	assets	asset	NOUN
ftr-297	861	22	that	that	PRON
ftr-297	861	23	is	be	AUX
ftr-297	861	24	not	not	PART
ftr-297	861	25	a	a	DET
ftr-297	861	26	substantial	substantial	ADJ
ftr-297	861	27	built	build	VERB
ftr-297	861	28	-	-	PUNCT
ftr-297	861	29	in	in	ADP
ftr-297	861	30	loss	loss	NOUN
ftr-297	861	31	,	,	PUNCT
ftr-297	861	32	i.e.	i.e.	X
ftr-297	861	33	,	,	PUNCT
ftr-297	861	34	less	less	ADJ
ftr-297	861	35	than	than	ADP
ftr-297	861	36	$	$	SYM
ftr-297	861	37	250,000	250,000	NUM
ftr-297	861	38	for	for	ADP
ftr-297	861	39	the	the	DET
ftr-297	861	40	partnership	partnership	NOUN
ftr-297	861	41	as	as	ADP
ftr-297	861	42	a	a	DET
ftr-297	861	43	whole	whole	NOUN
ftr-297	861	44	.	.	PUNCT
ftr-297	862	1	the	the	DET
ftr-297	862	2	failure	failure	NOUN
ftr-297	862	3	to	to	PART
ftr-297	862	4	elect	elect	VERB
ftr-297	862	5	will	will	AUX
ftr-297	862	6	generate	generate	VERB
ftr-297	862	7	beneficial	beneficial	ADJ
ftr-297	862	8	results	result	NOUN
ftr-297	862	9	,	,	PUNCT
ftr-297	862	10	as	as	SCONJ
ftr-297	862	11	it	it	PRON
ftr-297	862	12	will	will	AUX
ftr-297	862	13	produce	produce	VERB
ftr-297	862	14	duplicate	duplicate	ADJ
ftr-297	862	15	losses	loss	NOUN
ftr-297	862	16	.	.	PUNCT
ftr-297	863	1	1	1	NUM
ftr-297	863	2	09	09	NUM
ftr-297	863	3	109	109	NUM
ftr-297	863	4	.	.	PUNCT
ftr-297	864	1	given	give	VERB
ftr-297	864	2	the	the	DET
ftr-297	864	3	imprecision	imprecision	NOUN
ftr-297	864	4	in	in	ADP
ftr-297	864	5	sections	section	NOUN
ftr-297	864	6	734(b	734(b	PROPN
ftr-297	864	7	)	)	PUNCT
ftr-297	864	8	and	and	CCONJ
ftr-297	864	9	755	755	NUM
ftr-297	864	10	adjustment	adjustment	NOUN
ftr-297	864	11	allocations	allocation	NOUN
ftr-297	864	12	,	,	PUNCT
ftr-297	864	13	not	not	PART
ftr-297	864	14	all	all	DET
ftr-297	864	15	loss	loss	NOUN
ftr-297	864	16	duplication	duplication	NOUN
ftr-297	864	17	will	will	AUX
ftr-297	864	18	be	be	AUX
ftr-297	864	19	eliminated	eliminate	VERB
ftr-297	864	20	depending	depend	VERB
ftr-297	864	21	upon	upon	SCONJ
ftr-297	864	22	the	the	DET
ftr-297	864	23	mix	mix	NOUN
ftr-297	864	24	of	of	ADP
ftr-297	864	25	the	the	DET
ftr-297	864	26	partnership	partnership	NOUN
ftr-297	864	27	's	's	PART
ftr-297	864	28	assets	asset	NOUN
ftr-297	864	29	,	,	PUNCT
ftr-297	864	30	bases	basis	NOUN
ftr-297	864	31	,	,	PUNCT
ftr-297	864	32	and	and	CCONJ
ftr-297	864	33	fair	fair	ADJ
ftr-297	864	34	market	market	NOUN
ftr-297	864	35	values	value	NOUN
ftr-297	864	36	.	.	PUNCT
ftr-297	865	1	see	see	VERB
ftr-297	865	2	generally	generally	ADV
ftr-297	865	3	jeffrey	jeffrey	PROPN
ftr-297	865	4	i.	i.	PROPN
ftr-297	865	5	2014	2014	NUM
ftr-297	865	6	]	]	PUNCT
ftr-297	865	7	147	147	NUM
ftr-297	865	8	florida	florida	PROPN
ftr-297	865	9	tax	tax	NOUN
ftr-297	865	10	review	review	NOUN
ftr-297	865	11	with	with	ADP
ftr-297	865	12	respect	respect	NOUN
ftr-297	865	13	to	to	ADP
ftr-297	865	14	tax	tax	NOUN
ftr-297	865	15	traps	trap	NOUN
ftr-297	865	16	involving	involve	VERB
ftr-297	865	17	the	the	DET
ftr-297	865	18	section	section	NOUN
ftr-297	865	19	743(b	743(b	PROPN
ftr-297	865	20	)	)	PUNCT
ftr-297	865	21	adjustment	adjustment	NOUN
ftr-297	865	22	,	,	PUNCT
ftr-297	865	23	failure	failure	NOUN
ftr-297	865	24	to	to	PART
ftr-297	865	25	elect	elect	VERB
ftr-297	865	26	a	a	DET
ftr-297	865	27	basis	basis	NOUN
ftr-297	865	28	adjustment	adjustment	NOUN
ftr-297	865	29	,	,	PUNCT
ftr-297	865	30	whether	whether	SCONJ
ftr-297	865	31	due	due	ADP
ftr-297	865	32	to	to	ADP
ftr-297	865	33	ignorance	ignorance	NOUN
ftr-297	865	34	of	of	ADP
ftr-297	865	35	the	the	DET
ftr-297	865	36	provision	provision	NOUN
ftr-297	865	37	's	's	PART
ftr-297	865	38	existence	existence	NOUN
ftr-297	865	39	or	or	CCONJ
ftr-297	865	40	the	the	DET
ftr-297	865	41	failure	failure	NOUN
ftr-297	865	42	to	to	PART
ftr-297	865	43	understand	understand	VERB
ftr-297	865	44	its	its	PRON
ftr-297	865	45	operation	operation	NOUN
ftr-297	865	46	,	,	PUNCT
ftr-297	865	47	in	in	ADP
ftr-297	865	48	an	an	DET
ftr-297	865	49	appreciated	appreciated	ADJ
ftr-297	865	50	assets	asset	NOUN
ftr-297	865	51	setting	setting	NOUN
ftr-297	865	52	will	will	AUX
ftr-297	865	53	result	result	VERB
ftr-297	865	54	in	in	ADP
ftr-297	865	55	double	double	ADJ
ftr-297	865	56	taxation	taxation	NOUN
ftr-297	865	57	and	and	CCONJ
ftr-297	865	58	the	the	DET
ftr-297	865	59	loss	loss	NOUN
ftr-297	865	60	of	of	ADP
ftr-297	865	61	additional	additional	ADJ
ftr-297	865	62	amortization	amortization	NOUN
ftr-297	865	63	and	and	CCONJ
ftr-297	865	64	depreciation	depreciation	NOUN
ftr-297	865	65	deductions	deduction	NOUN
ftr-297	865	66	for	for	ADP
ftr-297	865	67	the	the	DET
ftr-297	865	68	transferee	transferee	PROPN
ftr-297	865	69	partner	partner	NOUN
ftr-297	865	70	.	.	PUNCT
ftr-297	866	1	thus	thus	ADV
ftr-297	866	2	,	,	PUNCT
ftr-297	866	3	the	the	DET
ftr-297	866	4	purchasing	purchasing	NOUN
ftr-297	866	5	partner	partner	NOUN
ftr-297	866	6	is	be	AUX
ftr-297	866	7	at	at	ADP
ftr-297	866	8	the	the	DET
ftr-297	866	9	mercy	mercy	NOUN
ftr-297	866	10	of	of	ADP
ftr-297	866	11	the	the	DET
ftr-297	866	12	partnership	partnership	NOUN
ftr-297	866	13	unless	unless	SCONJ
ftr-297	866	14	he	he	PRON
ftr-297	866	15	or	or	CCONJ
ftr-297	866	16	she	she	PRON
ftr-297	866	17	conditions	condition	VERB
ftr-297	866	18	the	the	DET
ftr-297	866	19	purchase	purchase	NOUN
ftr-297	866	20	on	on	ADP
ftr-297	866	21	a	a	DET
ftr-297	866	22	section	section	NOUN
ftr-297	866	23	754	754	NUM
ftr-297	866	24	election	election	NOUN
ftr-297	866	25	by	by	ADP
ftr-297	866	26	the	the	DET
ftr-297	866	27	partnership	partnership	NOUN
ftr-297	866	28	.	.	PUNCT
ftr-297	867	1	even	even	ADV
ftr-297	867	2	if	if	SCONJ
ftr-297	867	3	the	the	DET
ftr-297	867	4	initial	initial	ADJ
ftr-297	867	5	setting	setting	NOUN
ftr-297	867	6	suggests	suggest	VERB
ftr-297	867	7	utilizing	utilize	VERB
ftr-297	867	8	the	the	DET
ftr-297	867	9	election	election	NOUN
ftr-297	867	10	,	,	PUNCT
ftr-297	867	11	it	it	PRON
ftr-297	867	12	is	be	AUX
ftr-297	867	13	easy	easy	ADJ
ftr-297	867	14	to	to	PART
ftr-297	867	15	forget	forget	VERB
ftr-297	867	16	that	that	SCONJ
ftr-297	867	17	the	the	DET
ftr-297	867	18	election	election	NOUN
ftr-297	867	19	has	have	VERB
ftr-297	867	20	consequences	consequence	NOUN
ftr-297	867	21	for	for	ADP
ftr-297	867	22	the	the	DET
ftr-297	867	23	future	future	NOUN
ftr-297	867	24	.	.	PUNCT
ftr-297	868	1	it	it	PRON
ftr-297	868	2	will	will	AUX
ftr-297	868	3	impact	impact	VERB
ftr-297	868	4	future	future	ADJ
ftr-297	868	5	transferees	transferee	NOUN
ftr-297	868	6	as	as	ADV
ftr-297	868	7	well	well	ADV
ftr-297	868	8	as	as	ADP
ftr-297	868	9	the	the	DET
ftr-297	868	10	partnership	partnership	NOUN
ftr-297	868	11	on	on	ADP
ftr-297	868	12	future	future	ADJ
ftr-297	868	13	distributions	distribution	NOUN
ftr-297	868	14	of	of	ADP
ftr-297	868	15	assets	asset	NOUN
ftr-297	868	16	.	.	PUNCT
ftr-297	869	1	thus	thus	ADV
ftr-297	869	2	,	,	PUNCT
ftr-297	869	3	the	the	DET
ftr-297	869	4	election	election	NOUN
ftr-297	869	5	requires	require	VERB
ftr-297	869	6	foresight	foresight	NOUN
ftr-297	869	7	and	and	CCONJ
ftr-297	869	8	an	an	DET
ftr-297	869	9	ability	ability	NOUN
ftr-297	869	10	to	to	PART
ftr-297	869	11	accurately	accurately	ADV
ftr-297	869	12	forecast	forecast	VERB
ftr-297	869	13	the	the	DET
ftr-297	869	14	future	future	NOUN
ftr-297	869	15	.	.	PUNCT
ftr-297	870	1	finally	finally	ADV
ftr-297	870	2	,	,	PUNCT
ftr-297	870	3	the	the	DET
ftr-297	870	4	tax	tax	NOUN
ftr-297	870	5	savings	saving	NOUN
ftr-297	870	6	for	for	ADP
ftr-297	870	7	the	the	DET
ftr-297	870	8	parties	party	NOUN
ftr-297	870	9	must	must	AUX
ftr-297	870	10	be	be	AUX
ftr-297	870	11	weighed	weigh	VERB
ftr-297	870	12	against	against	ADP
ftr-297	870	13	the	the	DET
ftr-297	870	14	administrative	administrative	ADJ
ftr-297	870	15	costs	cost	NOUN
ftr-297	870	16	and	and	CCONJ
ftr-297	870	17	record	record	NOUN
ftr-297	870	18	keeping	keeping	NOUN
ftr-297	870	19	involved	involve	VERB
ftr-297	870	20	in	in	ADP
ftr-297	870	21	tracking	track	VERB
ftr-297	870	22	the	the	DET
ftr-297	870	23	effect	effect	NOUN
ftr-297	870	24	of	of	ADP
ftr-297	870	25	the	the	DET
ftr-297	870	26	election	election	NOUN
ftr-297	870	27	,	,	PUNCT
ftr-297	870	28	particularly	particularly	ADV
ftr-297	870	29	as	as	SCONJ
ftr-297	870	30	it	it	PRON
ftr-297	870	31	is	be	AUX
ftr-297	870	32	for	for	ADP
ftr-297	870	33	the	the	DET
ftr-297	870	34	benefit	benefit	NOUN
ftr-297	870	35	of	of	ADP
ftr-297	870	36	the	the	DET
ftr-297	870	37	transferee	transferee	NOUN
ftr-297	870	38	,	,	PUNCT
ftr-297	870	39	not	not	PART
ftr-297	870	40	the	the	DET
ftr-297	870	41	partnership	partnership	NOUN
ftr-297	870	42	.	.	PUNCT
ftr-297	871	1	the	the	DET
ftr-297	871	2	section	section	NOUN
ftr-297	871	3	732(d	732(d	PROPN
ftr-297	871	4	)	)	PUNCT
ftr-297	871	5	election	election	NOUN
ftr-297	871	6	,	,	PUNCT
ftr-297	871	7	while	while	SCONJ
ftr-297	871	8	made	make	VERB
ftr-297	871	9	exclusively	exclusively	ADV
ftr-297	871	10	by	by	ADP
ftr-297	871	11	the	the	DET
ftr-297	871	12	partner	partner	NOUN
ftr-297	871	13	,	,	PUNCT
ftr-297	871	14	provides	provide	VERB
ftr-297	871	15	similar	similar	ADJ
ftr-297	871	16	opportunities	opportunity	NOUN
ftr-297	871	17	and	and	CCONJ
ftr-297	871	18	traps	trap	NOUN
ftr-297	871	19	.	.	PUNCT
ftr-297	872	1	while	while	SCONJ
ftr-297	872	2	it	it	PRON
ftr-297	872	3	requires	require	VERB
ftr-297	872	4	a	a	DET
ftr-297	872	5	distribution	distribution	NOUN
ftr-297	872	6	of	of	ADP
ftr-297	872	7	property	property	NOUN
ftr-297	872	8	by	by	ADP
ftr-297	872	9	the	the	DET
ftr-297	872	10	partnership	partnership	NOUN
ftr-297	872	11	,	,	PUNCT
ftr-297	872	12	the	the	DET
ftr-297	872	13	basis	basis	NOUN
ftr-297	872	14	adjustment	adjustment	NOUN
ftr-297	872	15	permits	permit	VERB
ftr-297	872	16	favorable	favorable	ADJ
ftr-297	872	17	results	result	NOUN
ftr-297	872	18	.	.	PUNCT
ftr-297	873	1	for	for	ADP
ftr-297	873	2	example	example	NOUN
ftr-297	873	3	,	,	PUNCT
ftr-297	873	4	in	in	ADP
ftr-297	873	5	the	the	DET
ftr-297	873	6	case	case	NOUN
ftr-297	873	7	of	of	ADP
ftr-297	873	8	distribution	distribution	NOUN
ftr-297	873	9	of	of	ADP
ftr-297	873	10	inventory	inventory	NOUN
ftr-297	873	11	,	,	PUNCT
ftr-297	873	12	the	the	DET
ftr-297	873	13	adjustment	adjustment	NOUN
ftr-297	873	14	,	,	PUNCT
ftr-297	873	15	if	if	SCONJ
ftr-297	873	16	positive	positive	ADJ
ftr-297	873	17	,	,	PUNCT
ftr-297	873	18	would	would	AUX
ftr-297	873	19	reduce	reduce	VERB
ftr-297	873	20	the	the	DET
ftr-297	873	21	amount	amount	NOUN
ftr-297	873	22	of	of	ADP
ftr-297	873	23	ordinary	ordinary	ADJ
ftr-297	873	24	income	income	NOUN
ftr-297	873	25	.	.	PUNCT
ftr-297	874	1	if	if	SCONJ
ftr-297	874	2	the	the	DET
ftr-297	874	3	property	property	NOUN
ftr-297	874	4	were	be	AUX
ftr-297	874	5	depreciable	depreciable	ADJ
ftr-297	874	6	or	or	CCONJ
ftr-297	874	7	amortizable	amortizable	ADJ
ftr-297	874	8	by	by	ADP
ftr-297	874	9	the	the	DET
ftr-297	874	10	distributee	distributee	NOUN
ftr-297	874	11	,	,	PUNCT
ftr-297	874	12	additional	additional	ADJ
ftr-297	874	13	deductions	deduction	NOUN
ftr-297	874	14	would	would	AUX
ftr-297	874	15	arise	arise	VERB
ftr-297	874	16	.	.	PUNCT
ftr-297	875	1	on	on	ADP
ftr-297	875	2	the	the	DET
ftr-297	875	3	trap	trap	NOUN
ftr-297	875	4	for	for	ADP
ftr-297	875	5	the	the	DET
ftr-297	875	6	unwary	unwary	ADJ
ftr-297	875	7	side	side	NOUN
ftr-297	875	8	,	,	PUNCT
ftr-297	875	9	few	few	ADJ
ftr-297	875	10	practitioners	practitioner	NOUN
ftr-297	875	11	,	,	PUNCT
ftr-297	875	12	if	if	SCONJ
ftr-297	875	13	any	any	PRON
ftr-297	875	14	,	,	PUNCT
ftr-297	875	15	consider	consider	VERB
ftr-297	875	16	the	the	DET
ftr-297	875	17	potential	potential	ADJ
ftr-297	875	18	mandatory	mandatory	ADJ
ftr-297	875	19	application	application	NOUN
ftr-297	875	20	of	of	ADP
ftr-297	875	21	section	section	NOUN
ftr-297	875	22	732(d	732(d	PROPN
ftr-297	875	23	)	)	PUNCT
ftr-297	875	24	on	on	ADP
ftr-297	875	25	a	a	DET
ftr-297	875	26	partnership	partnership	NOUN
ftr-297	875	27	distribution	distribution	NOUN
ftr-297	875	28	.	.	PUNCT
ftr-297	876	1	on	on	ADP
ftr-297	876	2	the	the	DET
ftr-297	876	3	tax	tax	NOUN
ftr-297	876	4	planning	planning	NOUN
ftr-297	876	5	side	side	NOUN
ftr-297	876	6	for	for	ADP
ftr-297	876	7	section	section	NOUN
ftr-297	876	8	734(b	734(b	PROPN
ftr-297	876	9	)	)	PUNCT
ftr-297	876	10	,	,	PUNCT
ftr-297	876	11	a	a	DET
ftr-297	876	12	willing	willing	ADJ
ftr-297	876	13	partnership	partnership	NOUN
ftr-297	876	14	should	should	AUX
ftr-297	876	15	elect	elect	VERB
ftr-297	876	16	the	the	DET
ftr-297	876	17	basis	basis	NOUN
ftr-297	876	18	adjustment	adjustment	NOUN
ftr-297	876	19	where	where	SCONJ
ftr-297	876	20	the	the	DET
ftr-297	876	21	partnership	partnership	NOUN
ftr-297	876	22	holds	hold	VERB
ftr-297	876	23	appreciated	appreciated	ADJ
ftr-297	876	24	assets	asset	NOUN
ftr-297	876	25	in	in	ADP
ftr-297	876	26	order	order	NOUN
ftr-297	876	27	to	to	PART
ftr-297	876	28	avoid	avoid	VERB
ftr-297	876	29	"	"	PUNCT
ftr-297	876	30	double	double	ADJ
ftr-297	876	31	taxation	taxation	NOUN
ftr-297	876	32	"	"	PUNCT
ftr-297	876	33	provided	provide	VERB
ftr-297	876	34	the	the	DET
ftr-297	876	35	parties	party	NOUN
ftr-297	876	36	are	be	AUX
ftr-297	876	37	"	"	PUNCT
ftr-297	876	38	comfortable	comfortable	ADJ
ftr-297	876	39	"	"	PUNCT
ftr-297	876	40	about	about	ADP
ftr-297	876	41	future	future	ADJ
ftr-297	876	42	events	event	NOUN
ftr-297	876	43	,	,	PUNCT
ftr-297	876	44	i.e.	i.e.	X
ftr-297	876	45	,	,	PUNCT
ftr-297	876	46	the	the	DET
ftr-297	876	47	foreseeable	foreseeable	ADJ
ftr-297	876	48	future	future	NOUN
ftr-297	876	49	will	will	AUX
ftr-297	876	50	continue	continue	VERB
ftr-297	876	51	to	to	PART
ftr-297	876	52	involve	involve	VERB
ftr-297	876	53	an	an	DET
ftr-297	876	54	appreciation	appreciation	NOUN
ftr-297	876	55	of	of	ADP
ftr-297	876	56	the	the	DET
ftr-297	876	57	partnership	partnership	NOUN
ftr-297	876	58	's	's	PART
ftr-297	876	59	assets	asset	NOUN
ftr-297	876	60	.	.	PUNCT
ftr-297	877	1	in	in	ADP
ftr-297	877	2	the	the	DET
ftr-297	877	3	depreciated	depreciate	VERB
ftr-297	877	4	assets	asset	NOUN
ftr-297	877	5	setting	set	VERB
ftr-297	877	6	,	,	PUNCT
ftr-297	877	7	the	the	DET
ftr-297	877	8	parties	party	NOUN
ftr-297	877	9	should	should	AUX
ftr-297	877	10	not	not	PART
ftr-297	877	11	elect	elect	VERB
ftr-297	877	12	where	where	SCONJ
ftr-297	877	13	there	there	PRON
ftr-297	877	14	is	be	VERB
ftr-297	877	15	a	a	DET
ftr-297	877	16	loss	loss	NOUN
ftr-297	877	17	in	in	ADP
ftr-297	877	18	the	the	DET
ftr-297	877	19	partnership	partnership	NOUN
ftr-297	877	20	's	's	PART
ftr-297	877	21	assets	asset	NOUN
ftr-297	877	22	that	that	PRON
ftr-297	877	23	is	be	AUX
ftr-297	877	24	not	not	PART
ftr-297	877	25	a	a	DET
ftr-297	877	26	"	"	PUNCT
ftr-297	877	27	substantial	substantial	ADJ
ftr-297	877	28	built	build	VERB
ftr-297	877	29	-	-	PUNCT
ftr-297	877	30	in	in	ADP
ftr-297	877	31	basis	basis	NOUN
ftr-297	877	32	reduction	reduction	NOUN
ftr-297	877	33	,	,	PUNCT
ftr-297	877	34	"	"	PUNCT
ftr-297	877	35	i.e.	i.e.	X
ftr-297	877	36	,	,	PUNCT
ftr-297	877	37	less	less	ADJ
ftr-297	877	38	than	than	ADP
ftr-297	877	39	$	$	SYM
ftr-297	877	40	250,000	250,000	NUM
ftr-297	877	41	,	,	PUNCT
ftr-297	877	42	which	which	PRON
ftr-297	877	43	generates	generate	VERB
ftr-297	877	44	beneficial	beneficial	ADJ
ftr-297	877	45	results	result	NOUN
ftr-297	877	46	as	as	SCONJ
ftr-297	877	47	it	it	PRON
ftr-297	877	48	will	will	AUX
ftr-297	877	49	produce	produce	VERB
ftr-297	877	50	duplicate	duplicate	ADJ
ftr-297	877	51	losses	loss	NOUN
ftr-297	877	52	.	.	PUNCT
ftr-297	878	1	with	with	ADP
ftr-297	878	2	respect	respect	NOUN
ftr-297	878	3	to	to	ADP
ftr-297	878	4	tax	tax	NOUN
ftr-297	878	5	traps	trap	NOUN
ftr-297	878	6	involving	involve	VERB
ftr-297	878	7	the	the	DET
ftr-297	878	8	section	section	NOUN
ftr-297	878	9	734(b	734(b	NOUN
ftr-297	878	10	)	)	PUNCT
ftr-297	878	11	adjustment	adjustment	NOUN
ftr-297	878	12	,	,	PUNCT
ftr-297	878	13	failure	failure	NOUN
ftr-297	878	14	to	to	PART
ftr-297	878	15	elect	elect	VERB
ftr-297	878	16	a	a	DET
ftr-297	878	17	basis	basis	NOUN
ftr-297	878	18	adjustment	adjustment	NOUN
ftr-297	878	19	,	,	PUNCT
ftr-297	878	20	whether	whether	SCONJ
ftr-297	878	21	due	due	ADP
ftr-297	878	22	to	to	ADP
ftr-297	878	23	ignorance	ignorance	NOUN
ftr-297	878	24	of	of	ADP
ftr-297	878	25	the	the	DET
ftr-297	878	26	provision	provision	NOUN
ftr-297	878	27	's	's	PART
ftr-297	878	28	existence	existence	NOUN
ftr-297	878	29	or	or	CCONJ
ftr-297	878	30	the	the	DET
ftr-297	878	31	failure	failure	NOUN
ftr-297	878	32	to	to	PART
ftr-297	878	33	understand	understand	VERB
ftr-297	878	34	its	its	PRON
ftr-297	878	35	operation	operation	NOUN
ftr-297	878	36	,	,	PUNCT
ftr-297	878	37	in	in	ADP
ftr-297	878	38	an	an	DET
ftr-297	878	39	appreciated	appreciated	ADJ
ftr-297	878	40	assets	asset	NOUN
ftr-297	878	41	setting	setting	NOUN
ftr-297	878	42	will	will	AUX
ftr-297	878	43	result	result	VERB
ftr-297	878	44	in	in	ADP
ftr-297	878	45	double	double	ADJ
ftr-297	878	46	taxation	taxation	NOUN
ftr-297	878	47	and	and	CCONJ
ftr-297	878	48	the	the	DET
ftr-297	878	49	loss	loss	NOUN
ftr-297	878	50	of	of	ADP
ftr-297	878	51	additional	additional	ADJ
ftr-297	878	52	amortization	amortization	NOUN
ftr-297	878	53	and	and	CCONJ
ftr-297	878	54	depreciation	depreciation	NOUN
ftr-297	878	55	deductions	deduction	NOUN
ftr-297	878	56	for	for	ADP
ftr-297	878	57	the	the	DET
ftr-297	878	58	partnership	partnership	NOUN
ftr-297	878	59	.	.	PUNCT
ftr-297	879	1	even	even	ADV
ftr-297	879	2	if	if	SCONJ
ftr-297	879	3	the	the	DET
ftr-297	879	4	initial	initial	ADJ
ftr-297	879	5	setting	setting	NOUN
ftr-297	879	6	suggests	suggest	VERB
ftr-297	879	7	utilizing	utilize	VERB
ftr-297	879	8	the	the	DET
ftr-297	879	9	election	election	NOUN
ftr-297	879	10	,	,	PUNCT
ftr-297	879	11	it	it	PRON
ftr-297	879	12	is	be	AUX
ftr-297	879	13	easy	easy	ADJ
ftr-297	879	14	to	to	PART
ftr-297	879	15	forget	forget	VERB
ftr-297	879	16	that	that	SCONJ
ftr-297	879	17	the	the	DET
ftr-297	879	18	election	election	NOUN
ftr-297	879	19	has	have	VERB
ftr-297	879	20	consequences	consequence	NOUN
ftr-297	879	21	for	for	ADP
ftr-297	879	22	the	the	DET
ftr-297	879	23	future	future	NOUN
ftr-297	879	24	.	.	PUNCT
ftr-297	880	1	it	it	PRON
ftr-297	880	2	will	will	AUX
ftr-297	880	3	impact	impact	VERB
ftr-297	880	4	future	future	ADJ
ftr-297	880	5	transferees	transferee	NOUN
ftr-297	880	6	as	as	ADP
ftr-297	880	7	rosenberg	rosenberg	PROPN
ftr-297	880	8	,	,	PUNCT
ftr-297	880	9	ajca	ajca	PROPN
ftr-297	880	10	imposes	impose	VERB
ftr-297	880	11	new	new	ADJ
ftr-297	880	12	burdens	burden	NOUN
ftr-297	880	13	for	for	ADP
ftr-297	880	14	partnership	partnership	NOUN
ftr-297	880	15	basis	basis	NOUN
ftr-297	880	16	adjustments	adjustment	NOUN
ftr-297	880	17	under	under	ADP
ftr-297	880	18	sections	section	NOUN
ftr-297	880	19	734	734	NUM
ftr-297	880	20	and	and	CCONJ
ftr-297	880	21	743	743	NUM
ftr-297	880	22	,	,	PUNCT
ftr-297	880	23	101	101	NUM
ftr-297	880	24	j.	j.	PROPN
ftr-297	880	25	tax'n	tax'n	PROPN
ftr-297	880	26	334	334	NUM
ftr-297	880	27	(	(	PUNCT
ftr-297	880	28	2004	2004	NUM
ftr-297	880	29	)	)	PUNCT
ftr-297	880	30	.	.	PUNCT
ftr-297	881	1	thus	thus	ADV
ftr-297	881	2	,	,	PUNCT
ftr-297	881	3	tax	tax	NOUN
ftr-297	881	4	planning	planning	NOUN
ftr-297	881	5	opportunities	opportunity	NOUN
ftr-297	881	6	through	through	ADP
ftr-297	881	7	the	the	DET
ftr-297	881	8	failure	failure	NOUN
ftr-297	881	9	to	to	PART
ftr-297	881	10	elect	elect	VERB
ftr-297	881	11	remain	remain	VERB
ftr-297	881	12	.	.	PUNCT
ftr-297	882	1	148	148	NUM
ftr-297	883	1	[	[	X
ftr-297	883	2	vol	vol	NOUN
ftr-297	883	3	.	.	PUNCT
ftr-297	884	1	15:3	15:3	NUM
ftr-297	884	2	optional	optional	ADJ
ftr-297	884	3	basis	basis	NOUN
ftr-297	884	4	adjustments	adjustment	NOUN
ftr-297	884	5	under	under	ADP
ftr-297	884	6	subchapter	subchapter	NOUN
ftr-297	884	7	k	k	PROPN
ftr-297	884	8	well	well	INTJ
ftr-297	884	9	as	as	ADP
ftr-297	884	10	the	the	DET
ftr-297	884	11	partnership	partnership	NOUN
ftr-297	884	12	on	on	ADP
ftr-297	884	13	future	future	ADJ
ftr-297	884	14	distributions	distribution	NOUN
ftr-297	884	15	of	of	ADP
ftr-297	884	16	assets	asset	NOUN
ftr-297	884	17	.	.	PUNCT
ftr-297	885	1	thus	thus	ADV
ftr-297	885	2	,	,	PUNCT
ftr-297	885	3	the	the	DET
ftr-297	885	4	election	election	NOUN
ftr-297	885	5	requires	require	VERB
ftr-297	885	6	foresight	foresight	NOUN
ftr-297	885	7	and	and	CCONJ
ftr-297	885	8	an	an	DET
ftr-297	885	9	ability	ability	NOUN
ftr-297	885	10	to	to	PART
ftr-297	885	11	accurately	accurately	ADV
ftr-297	885	12	forecast	forecast	VERB
ftr-297	885	13	the	the	DET
ftr-297	885	14	future	future	NOUN
ftr-297	885	15	.	.	PUNCT
ftr-297	886	1	finally	finally	ADV
ftr-297	886	2	,	,	PUNCT
ftr-297	886	3	the	the	DET
ftr-297	886	4	tax	tax	NOUN
ftr-297	886	5	savings	saving	NOUN
ftr-297	886	6	for	for	ADP
ftr-297	886	7	the	the	DET
ftr-297	886	8	parties	party	NOUN
ftr-297	886	9	must	must	AUX
ftr-297	886	10	be	be	AUX
ftr-297	886	11	weighed	weigh	VERB
ftr-297	886	12	against	against	ADP
ftr-297	886	13	the	the	DET
ftr-297	886	14	administrative	administrative	ADJ
ftr-297	886	15	costs	cost	NOUN
ftr-297	886	16	and	and	CCONJ
ftr-297	886	17	record	record	NOUN
ftr-297	886	18	keeping	keeping	NOUN
ftr-297	886	19	involved	involve	VERB
ftr-297	886	20	in	in	ADP
ftr-297	886	21	tracking	track	VERB
ftr-297	886	22	the	the	DET
ftr-297	886	23	effect	effect	NOUN
ftr-297	886	24	of	of	ADP
ftr-297	886	25	the	the	DET
ftr-297	886	26	election	election	NOUN
ftr-297	886	27	.	.	PUNCT
ftr-297	887	1	a	a	DET
ftr-297	887	2	further	further	ADJ
ftr-297	887	3	difficulty	difficulty	NOUN
ftr-297	887	4	with	with	ADP
ftr-297	887	5	the	the	DET
ftr-297	887	6	section	section	NOUN
ftr-297	887	7	734(b	734(b	NOUN
ftr-297	887	8	)	)	PUNCT
ftr-297	887	9	adjustment	adjustment	NOUN
ftr-297	887	10	is	be	AUX
ftr-297	887	11	its	its	PRON
ftr-297	887	12	failure	failure	NOUN
ftr-297	887	13	to	to	PART
ftr-297	887	14	operate	operate	VERB
ftr-297	887	15	properly	properly	ADV
ftr-297	887	16	in	in	ADP
ftr-297	887	17	all	all	DET
ftr-297	887	18	cases	case	NOUN
ftr-297	887	19	.	.	PUNCT
ftr-297	888	1	as	as	SCONJ
ftr-297	888	2	previously	previously	ADV
ftr-297	888	3	discussed	discuss	VERB
ftr-297	888	4	,	,	PUNCT
ftr-297	888	5	if	if	SCONJ
ftr-297	888	6	there	there	PRON
ftr-297	888	7	is	be	VERB
ftr-297	888	8	a	a	DET
ftr-297	888	9	preexisting	preexist	VERB
ftr-297	888	10	disparity	disparity	NOUN
ftr-297	888	11	between	between	ADP
ftr-297	888	12	inside	inside	ADP
ftr-297	888	13	and	and	CCONJ
ftr-297	888	14	outside	outside	ADJ
ftr-297	888	15	basis	basis	NOUN
ftr-297	888	16	,	,	PUNCT
ftr-297	888	17	the	the	DET
ftr-297	888	18	section	section	NOUN
ftr-297	888	19	734(b	734(b	NOUN
ftr-297	888	20	)	)	PUNCT
ftr-297	888	21	adjustment	adjustment	NOUN
ftr-297	888	22	will	will	AUX
ftr-297	888	23	not	not	PART
ftr-297	888	24	restore	restore	VERB
ftr-297	888	25	equilibrium	equilibrium	NOUN
ftr-297	888	26	.	.	PUNCT
ftr-297	889	1	additionally	additionally	ADV
ftr-297	889	2	,	,	PUNCT
ftr-297	889	3	the	the	DET
ftr-297	889	4	adjustment	adjustment	NOUN
ftr-297	889	5	is	be	AUX
ftr-297	889	6	typically	typically	ADV
ftr-297	889	7	one	one	NUM
ftr-297	889	8	dimensional	dimensional	ADJ
ftr-297	889	9	in	in	ADP
ftr-297	889	10	contrast	contrast	NOUN
ftr-297	889	11	to	to	ADP
ftr-297	889	12	the	the	DET
ftr-297	889	13	two	two	NUM
ftr-297	889	14	dimensional	dimensional	ADJ
ftr-297	889	15	approach	approach	NOUN
ftr-297	889	16	of	of	ADP
ftr-297	889	17	section	section	NOUN
ftr-297	889	18	743(b	743(b	PROPN
ftr-297	889	19	)	)	PUNCT
ftr-297	889	20	.	.	PUNCT
ftr-297	890	1	given	give	VERB
ftr-297	890	2	its	its	PRON
ftr-297	890	3	operational	operational	ADJ
ftr-297	890	4	dictates	dictate	NOUN
ftr-297	890	5	,	,	PUNCT
ftr-297	890	6	it	it	PRON
ftr-297	890	7	is	be	AUX
ftr-297	890	8	far	far	ADV
ftr-297	890	9	from	from	ADP
ftr-297	890	10	certain	certain	ADJ
ftr-297	890	11	that	that	SCONJ
ftr-297	890	12	the	the	DET
ftr-297	890	13	assets	asset	NOUN
ftr-297	890	14	responsible	responsible	ADJ
ftr-297	890	15	for	for	ADP
ftr-297	890	16	the	the	DET
ftr-297	890	17	appreciation	appreciation	NOUN
ftr-297	890	18	or	or	CCONJ
ftr-297	890	19	depreciation	depreciation	NOUN
ftr-297	890	20	in	in	ADP
ftr-297	890	21	the	the	DET
ftr-297	890	22	value	value	NOUN
ftr-297	890	23	of	of	ADP
ftr-297	890	24	the	the	DET
ftr-297	890	25	partnership	partnership	NOUN
ftr-297	890	26	will	will	AUX
ftr-297	890	27	receive	receive	VERB
ftr-297	890	28	the	the	DET
ftr-297	890	29	appropriate	appropriate	ADJ
ftr-297	890	30	amount	amount	NOUN
ftr-297	890	31	of	of	ADP
ftr-297	890	32	the	the	DET
ftr-297	890	33	adjustment	adjustment	NOUN
ftr-297	890	34	.	.	PUNCT
ftr-297	891	1	viii	viii	PROPN
ftr-297	891	2	.	.	PUNCT
ftr-297	892	1	analysis	analysis	NOUN
ftr-297	892	2	of	of	ADP
ftr-297	892	3	arguments	argument	NOUN
ftr-297	892	4	supporting	support	VERB
ftr-297	892	5	the	the	DET
ftr-297	892	6	elective	elective	ADJ
ftr-297	892	7	aspect	aspect	NOUN
ftr-297	892	8	of	of	ADP
ftr-297	892	9	the	the	DET
ftr-297	892	10	basis	basis	NOUN
ftr-297	892	11	adjustments	adjustment	NOUN
ftr-297	892	12	of	of	ADP
ftr-297	892	13	sections	section	NOUN
ftr-297	892	14	734(b	734(b	NUM
ftr-297	892	15	)	)	PUNCT
ftr-297	892	16	and	and	CCONJ
ftr-297	892	17	743(b	743(b	NUM
ftr-297	892	18	)	)	PUNCT
ftr-297	892	19	the	the	DET
ftr-297	892	20	founding	found	VERB
ftr-297	892	21	values	value	NOUN
ftr-297	892	22	for	for	ADP
ftr-297	892	23	the	the	DET
ftr-297	892	24	enactment	enactment	NOUN
ftr-297	892	25	of	of	ADP
ftr-297	892	26	subchapter	subchapter	NOUN
ftr-297	892	27	k	k	PROPN
ftr-297	892	28	in	in	ADP
ftr-297	892	29	1954simplicity	1954simplicity	NUM
ftr-297	892	30	and	and	CCONJ
ftr-297	892	31	flexibility	flexibility	NOUN
ftr-297	892	32	-	-	PUNCT
ftr-297	892	33	have	have	AUX
ftr-297	892	34	been	be	AUX
ftr-297	892	35	the	the	DET
ftr-297	892	36	strongest	strong	ADJ
ftr-297	892	37	arguments	argument	NOUN
ftr-297	892	38	in	in	ADP
ftr-297	892	39	favor	favor	NOUN
ftr-297	892	40	of	of	ADP
ftr-297	892	41	maintaining	maintain	VERB
ftr-297	892	42	the	the	DET
ftr-297	892	43	electivity	electivity	NOUN
ftr-297	892	44	of	of	ADP
ftr-297	892	45	the	the	DET
ftr-297	892	46	basis	basis	NOUN
ftr-297	892	47	adjustment	adjustment	NOUN
ftr-297	892	48	provisions	provision	NOUN
ftr-297	892	49	of	of	ADP
ftr-297	892	50	section	section	NOUN
ftr-297	892	51	743(b	743(b	PROPN
ftr-297	892	52	)	)	PUNCT
ftr-297	892	53	and	and	CCONJ
ftr-297	892	54	section	section	NOUN
ftr-297	892	55	734(b	734(b	PROPN
ftr-297	892	56	)	)	PUNCT
ftr-297	892	57	.	.	PUNCT
ftr-297	893	1	those	those	DET
ftr-297	893	2	values	value	NOUN
ftr-297	893	3	influenced	influence	VERB
ftr-297	893	4	the	the	DET
ftr-297	893	5	congressional	congressional	ADJ
ftr-297	893	6	decision	decision	NOUN
ftr-297	893	7	to	to	PART
ftr-297	893	8	minimize	minimize	VERB
ftr-297	893	9	the	the	DET
ftr-297	893	10	administrative	administrative	ADJ
ftr-297	893	11	burdens	burden	NOUN
ftr-297	893	12	and	and	CCONJ
ftr-297	893	13	costs	cost	NOUN
ftr-297	893	14	incurred	incur	VERB
ftr-297	893	15	by	by	ADP
ftr-297	893	16	the	the	DET
ftr-297	893	17	operation	operation	NOUN
ftr-297	893	18	of	of	ADP
ftr-297	893	19	a	a	DET
ftr-297	893	20	partnership	partnership	NOUN
ftr-297	893	21	.	.	PUNCT
ftr-297	894	1	"o	"o	PROPN
ftr-297	894	2	while	while	SCONJ
ftr-297	894	3	the	the	DET
ftr-297	894	4	crafting	crafting	NOUN
ftr-297	894	5	of	of	ADP
ftr-297	894	6	subchapter	subchapter	NOUN
ftr-297	894	7	k	k	PROPN
ftr-297	894	8	was	be	AUX
ftr-297	894	9	intended	intend	VERB
ftr-297	894	10	to	to	PART
ftr-297	894	11	bring	bring	VERB
ftr-297	894	12	order	order	NOUN
ftr-297	894	13	out	out	ADP
ftr-297	894	14	of	of	ADP
ftr-297	894	15	the	the	DET
ftr-297	894	16	chaos	chaos	NOUN
ftr-297	894	17	surrounding	surround	VERB
ftr-297	894	18	the	the	DET
ftr-297	894	19	taxation	taxation	NOUN
ftr-297	894	20	of	of	ADP
ftr-297	894	21	partners	partner	NOUN
ftr-297	894	22	and	and	CCONJ
ftr-297	894	23	partnership	partnership	NOUN
ftr-297	894	24	,	,	PUNCT
ftr-297	894	25	the	the	DET
ftr-297	894	26	electivity	electivity	NOUN
ftr-297	894	27	of	of	ADP
ftr-297	894	28	the	the	DET
ftr-297	894	29	basis	basis	NOUN
ftr-297	894	30	adjustments	adjustment	NOUN
ftr-297	894	31	was	be	AUX
ftr-297	894	32	but	but	CCONJ
ftr-297	894	33	one	one	NUM
ftr-297	894	34	of	of	ADP
ftr-297	894	35	the	the	DET
ftr-297	894	36	numerous	numerous	ADJ
ftr-297	894	37	issues	issue	NOUN
ftr-297	894	38	being	be	AUX
ftr-297	894	39	considered	consider	VERB
ftr-297	894	40	.	.	PUNCT
ftr-297	895	1	however	however	ADV
ftr-297	895	2	,	,	PUNCT
ftr-297	895	3	with	with	ADP
ftr-297	895	4	the	the	DET
ftr-297	895	5	passage	passage	NOUN
ftr-297	895	6	of	of	ADP
ftr-297	895	7	60	60	NUM
ftr-297	895	8	years	year	NOUN
ftr-297	895	9	,	,	PUNCT
ftr-297	895	10	accompanied	accompany	VERB
ftr-297	895	11	by	by	ADP
ftr-297	895	12	the	the	DET
ftr-297	895	13	entry	entry	NOUN
ftr-297	895	14	into	into	ADP
ftr-297	895	15	the	the	DET
ftr-297	895	16	computer	computer	NOUN
ftr-297	895	17	and	and	CCONJ
ftr-297	895	18	electronic	electronic	ADJ
ftr-297	895	19	world	world	NOUN
ftr-297	895	20	,	,	PUNCT
ftr-297	895	21	such	such	DET
ftr-297	895	22	an	an	DET
ftr-297	895	23	argument	argument	NOUN
ftr-297	895	24	loses	lose	VERB
ftr-297	895	25	much	much	ADJ
ftr-297	895	26	of	of	ADP
ftr-297	895	27	its	its	PRON
ftr-297	895	28	persuasive	persuasive	ADJ
ftr-297	895	29	force	force	NOUN
ftr-297	895	30	when	when	SCONJ
ftr-297	895	31	basis	basis	NOUN
ftr-297	895	32	adjustments	adjustment	NOUN
ftr-297	895	33	are	be	AUX
ftr-297	895	34	considered	consider	VERB
ftr-297	895	35	as	as	ADP
ftr-297	895	36	a	a	DET
ftr-297	895	37	single	single	ADJ
ftr-297	895	38	tax	tax	NOUN
ftr-297	895	39	policy	policy	NOUN
ftr-297	895	40	issue	issue	NOUN
ftr-297	895	41	.	.	PUNCT
ftr-297	896	1	in	in	ADP
ftr-297	896	2	the	the	DET
ftr-297	896	3	age	age	NOUN
ftr-297	896	4	of	of	ADP
ftr-297	896	5	computers	computer	NOUN
ftr-297	896	6	,	,	PUNCT
ftr-297	896	7	the	the	DET
ftr-297	896	8	administrative	administrative	ADJ
ftr-297	896	9	burdens	burden	NOUN
ftr-297	896	10	and	and	CCONJ
ftr-297	896	11	costs	cost	NOUN
ftr-297	896	12	of	of	ADP
ftr-297	896	13	such	such	ADJ
ftr-297	896	14	determination	determination	NOUN
ftr-297	896	15	are	be	AUX
ftr-297	896	16	not	not	PART
ftr-297	896	17	what	what	PRON
ftr-297	896	18	they	they	PRON
ftr-297	896	19	once	once	ADV
ftr-297	896	20	were	be	AUX
ftr-297	896	21	.	.	PUNCT
ftr-297	897	1	in	in	ADP
ftr-297	897	2	fact	fact	NOUN
ftr-297	897	3	,	,	PUNCT
ftr-297	897	4	the	the	DET
ftr-297	897	5	present	present	ADJ
ftr-297	897	6	complexity	complexity	NOUN
ftr-297	897	7	of	of	ADP
ftr-297	897	8	the	the	DET
ftr-297	897	9	code	code	NOUN
ftr-297	897	10	defies	defy	VERB
ftr-297	897	11	these	these	DET
ftr-297	897	12	arguments	argument	NOUN
ftr-297	897	13	.	.	PUNCT
ftr-297	898	1	even	even	ADV
ftr-297	898	2	before	before	ADP
ftr-297	898	3	the	the	DET
ftr-297	898	4	1999	1999	NUM
ftr-297	898	5	amendments	amendment	NOUN
ftr-297	898	6	to	to	ADP
ftr-297	898	7	the	the	DET
ftr-297	898	8	regulations	regulation	NOUN
ftr-297	898	9	,	,	PUNCT
ftr-297	898	10	partnerships	partnership	NOUN
ftr-297	898	11	,	,	PUNCT
ftr-297	898	12	especially	especially	ADV
ftr-297	898	13	large	large	ADJ
ftr-297	898	14	ones	one	NOUN
ftr-297	898	15	,	,	PUNCT
ftr-297	898	16	were	be	AUX
ftr-297	898	17	faced	face	VERB
ftr-297	898	18	with	with	ADP
ftr-297	898	19	complex	complex	ADJ
ftr-297	898	20	recording	recording	NOUN
ftr-297	898	21	and	and	CCONJ
ftr-297	898	22	computational	computational	ADJ
ftr-297	898	23	problems	problem	NOUN
ftr-297	898	24	in	in	ADP
ftr-297	898	25	numerous	numerous	ADJ
ftr-297	898	26	areas	area	NOUN
ftr-297	898	27	.	.	PUNCT
ftr-297	899	1	the	the	DET
ftr-297	899	2	pervasive	pervasive	ADJ
ftr-297	899	3	use	use	NOUN
ftr-297	899	4	of	of	ADP
ftr-297	899	5	special	special	ADJ
ftr-297	899	6	allocations	allocation	NOUN
ftr-297	899	7	110	110	NUM
ftr-297	899	8	.	.	PUNCT
ftr-297	900	1	see	see	VERB
ftr-297	900	2	h.r	h.r	PROPN
ftr-297	900	3	.	.	PROPN
ftr-297	900	4	rep	rep	PROPN
ftr-297	900	5	.	.	PROPN
ftr-297	901	1	no	no	PROPN
ftr-297	901	2	.	.	NOUN
ftr-297	902	1	83	83	NUM
ftr-297	902	2	-	-	SYM
ftr-297	902	3	1337	1337	NUM
ftr-297	903	1	,	,	PUNCT
ftr-297	903	2	supra	supra	PROPN
ftr-297	903	3	note	note	NOUN
ftr-297	903	4	8	8	NUM
ftr-297	903	5	.	.	PUNCT
ftr-297	904	1	see	see	AUX
ftr-297	904	2	also	also	ADV
ftr-297	904	3	hearing	hear	VERB
ftr-297	904	4	,	,	PUNCT
ftr-297	904	5	83d	83d	X
ftr-297	904	6	cong	cong	PROPN
ftr-297	904	7	.	.	PROPN
ftr-297	904	8	,	,	PUNCT
ftr-297	904	9	supra	supra	PROPN
ftr-297	904	10	note	note	NOUN
ftr-297	904	11	9	9	NUM
ftr-297	904	12	,	,	PUNCT
ftr-297	904	13	at	at	ADP
ftr-297	904	14	1370	1370	NUM
ftr-297	904	15	(	(	PUNCT
ftr-297	904	16	"	"	PUNCT
ftr-297	904	17	in	in	ADP
ftr-297	904	18	the	the	DET
ftr-297	904	19	interest	interest	NOUN
ftr-297	904	20	of	of	ADP
ftr-297	904	21	simplicity	simplicity	NOUN
ftr-297	904	22	and	and	CCONJ
ftr-297	904	23	flexibility	flexibility	NOUN
ftr-297	904	24	,	,	PUNCT
ftr-297	904	25	however	however	ADV
ftr-297	904	26	,	,	PUNCT
ftr-297	904	27	we	we	PRON
ftr-297	904	28	provide	provide	VERB
ftr-297	904	29	a	a	DET
ftr-297	904	30	series	series	NOUN
ftr-297	904	31	of	of	ADP
ftr-297	904	32	elections	election	NOUN
ftr-297	904	33	based	base	VERB
ftr-297	904	34	upon	upon	SCONJ
ftr-297	904	35	the	the	DET
ftr-297	904	36	'	'	PUNCT
ftr-297	904	37	entity	entity	NOUN
ftr-297	904	38	'	'	PUNCT
ftr-297	904	39	approach	approach	NOUN
ftr-297	904	40	,	,	PUNCT
ftr-297	904	41	which	which	PRON
ftr-297	904	42	we	we	PRON
ftr-297	904	43	assume	assume	VERB
ftr-297	904	44	would	would	AUX
ftr-297	904	45	be	be	AUX
ftr-297	904	46	exercised	exercise	VERB
ftr-297	904	47	generally	generally	ADV
ftr-297	904	48	by	by	ADP
ftr-297	904	49	larger	large	ADJ
ftr-297	904	50	and	and	CCONJ
ftr-297	904	51	more	more	ADV
ftr-297	904	52	complex	complex	ADJ
ftr-297	904	53	partnerships	partnership	NOUN
ftr-297	904	54	.	.	PUNCT
ftr-297	904	55	"	"	PUNCT
ftr-297	904	56	)	)	PUNCT
ftr-297	904	57	.	.	PUNCT
ftr-297	905	1	interestingly	interestingly	ADV
ftr-297	905	2	,	,	PUNCT
ftr-297	905	3	the	the	DET
ftr-297	905	4	ali	ali	PROPN
ftr-297	905	5	/	/	SYM
ftr-297	905	6	aba	aba	PROPN
ftr-297	905	7	proposal	proposal	NOUN
ftr-297	905	8	embraced	embrace	VERB
ftr-297	905	9	the	the	DET
ftr-297	905	10	concept	concept	NOUN
ftr-297	905	11	that	that	SCONJ
ftr-297	905	12	basis	basis	NOUN
ftr-297	905	13	adjustments	adjustment	NOUN
ftr-297	905	14	would	would	AUX
ftr-297	905	15	occur	occur	VERB
ftr-297	905	16	unless	unless	SCONJ
ftr-297	905	17	the	the	DET
ftr-297	905	18	partnership	partnership	NOUN
ftr-297	905	19	elected	elect	VERB
ftr-297	905	20	out	out	ADP
ftr-297	905	21	.	.	PUNCT
ftr-297	906	1	in	in	ADP
ftr-297	906	2	the	the	DET
ftr-297	906	3	final	final	ADJ
ftr-297	906	4	statutory	statutory	ADJ
ftr-297	906	5	version	version	NOUN
ftr-297	906	6	adopted	adopt	VERB
ftr-297	906	7	by	by	ADP
ftr-297	906	8	congress	congress	PROPN
ftr-297	906	9	,	,	PUNCT
ftr-297	906	10	basis	basis	NOUN
ftr-297	906	11	adjustments	adjustment	NOUN
ftr-297	906	12	do	do	AUX
ftr-297	906	13	not	not	PART
ftr-297	906	14	occur	occur	VERB
ftr-297	906	15	unless	unless	SCONJ
ftr-297	906	16	the	the	DET
ftr-297	906	17	partnership	partnership	NOUN
ftr-297	906	18	elects	elect	VERB
ftr-297	906	19	to	to	PART
ftr-297	906	20	do	do	VERB
ftr-297	906	21	so	so	ADV
ftr-297	906	22	.	.	PUNCT
ftr-297	907	1	2014	2014	NUM
ftr-297	907	2	]	]	SYM
ftr-297	907	3	149	149	NUM
ftr-297	907	4	florida	florida	PROPN
ftr-297	907	5	tax	tax	NOUN
ftr-297	907	6	review	review	NOUN
ftr-297	907	7	evidences	evidence	VERB
ftr-297	907	8	the	the	DET
ftr-297	907	9	fact	fact	NOUN
ftr-297	907	10	that	that	SCONJ
ftr-297	907	11	sophisticated	sophisticated	ADJ
ftr-297	907	12	tax	tax	NOUN
ftr-297	907	13	counsel	counsel	NOUN
ftr-297	907	14	and	and	CCONJ
ftr-297	907	15	accountants	accountant	NOUN
ftr-297	907	16	are	be	AUX
ftr-297	907	17	invariably	invariably	ADV
ftr-297	907	18	confronted	confront	VERB
ftr-297	907	19	with	with	ADP
ftr-297	907	20	complex	complex	ADJ
ftr-297	907	21	calculations	calculation	NOUN
ftr-297	907	22	.	.	PUNCT
ftr-297	907	23	'	'	PUNCT
ftr-297	908	1	furthermore	furthermore	ADV
ftr-297	908	2	,	,	PUNCT
ftr-297	908	3	the	the	DET
ftr-297	908	4	amendments	amendment	NOUN
ftr-297	908	5	to	to	PART
ftr-297	908	6	section	section	NOUN
ftr-297	908	7	743(b	743(b	PROPN
ftr-297	908	8	)	)	PUNCT
ftr-297	908	9	and	and	CCONJ
ftr-297	908	10	section	section	NOUN
ftr-297	908	11	734(b	734(b	PROPN
ftr-297	908	12	)	)	PUNCT
ftr-297	908	13	making	make	VERB
ftr-297	908	14	the	the	DET
ftr-297	908	15	adjustments	adjustment	NOUN
ftr-297	908	16	mandatory	mandatory	ADJ
ftr-297	908	17	in	in	ADP
ftr-297	908	18	certain	certain	ADJ
ftr-297	908	19	loss	loss	NOUN
ftr-297	908	20	settings	setting	NOUN
ftr-297	908	21	not	not	PART
ftr-297	908	22	only	only	ADV
ftr-297	908	23	added	add	VERB
ftr-297	908	24	more	more	ADJ
ftr-297	908	25	complexity	complexity	NOUN
ftr-297	908	26	to	to	ADP
ftr-297	908	27	the	the	DET
ftr-297	908	28	code	code	NOUN
ftr-297	908	29	but	but	CCONJ
ftr-297	908	30	also	also	ADV
ftr-297	908	31	ensured	ensure	VERB
ftr-297	908	32	that	that	SCONJ
ftr-297	908	33	numerous	numerous	ADJ
ftr-297	908	34	partnerships	partnership	NOUN
ftr-297	908	35	will	will	AUX
ftr-297	908	36	be	be	AUX
ftr-297	908	37	required	require	VERB
ftr-297	908	38	to	to	PART
ftr-297	908	39	make	make	VERB
ftr-297	908	40	such	such	ADJ
ftr-297	908	41	calculations	calculation	NOUN
ftr-297	908	42	in	in	ADP
ftr-297	908	43	order	order	NOUN
ftr-297	908	44	to	to	PART
ftr-297	908	45	determine	determine	VERB
ftr-297	908	46	whether	whether	SCONJ
ftr-297	908	47	the	the	DET
ftr-297	908	48	provision	provision	NOUN
ftr-297	908	49	applies	apply	VERB
ftr-297	908	50	.	.	PUNCT
ftr-297	909	1	these	these	DET
ftr-297	909	2	required	require	VERB
ftr-297	909	3	calculations	calculation	NOUN
ftr-297	909	4	and	and	CCONJ
ftr-297	909	5	determinations	determination	NOUN
ftr-297	909	6	are	be	AUX
ftr-297	909	7	contrary	contrary	ADJ
ftr-297	909	8	to	to	ADP
ftr-297	909	9	tax	tax	NOUN
ftr-297	909	10	simplicity	simplicity	NOUN
ftr-297	909	11	.	.	PUNCT
ftr-297	909	12	"	"	PUNCT
ftr-297	910	1	2	2	NUM
ftr-297	910	2	while	while	SCONJ
ftr-297	910	3	having	have	VERB
ftr-297	910	4	theoretical	theoretical	ADJ
ftr-297	910	5	merit	merit	NOUN
ftr-297	910	6	,	,	PUNCT
ftr-297	910	7	these	these	DET
ftr-297	910	8	amended	amend	VERB
ftr-297	910	9	rules	rule	NOUN
ftr-297	910	10	require	require	VERB
ftr-297	910	11	sophisticated	sophisticated	ADJ
ftr-297	910	12	accounting	accounting	NOUN
ftr-297	910	13	practices	practice	NOUN
ftr-297	910	14	and	and	CCONJ
ftr-297	910	15	thus	thus	ADV
ftr-297	910	16	confront	confront	VERB
ftr-297	910	17	partnerships	partnership	NOUN
ftr-297	910	18	with	with	ADP
ftr-297	910	19	tremendous	tremendous	ADJ
ftr-297	910	20	record	record	NOUN
ftr-297	910	21	-	-	PUNCT
ftr-297	910	22	keeping	keep	VERB
ftr-297	910	23	burdens	burden	NOUN
ftr-297	910	24	.	.	PUNCT
ftr-297	911	1	furthermore	furthermore	ADV
ftr-297	911	2	,	,	PUNCT
ftr-297	911	3	the	the	DET
ftr-297	911	4	amendments	amendment	NOUN
ftr-297	911	5	signaled	signal	VERB
ftr-297	911	6	a	a	DET
ftr-297	911	7	new	new	ADJ
ftr-297	911	8	attitude	attitude	NOUN
ftr-297	911	9	by	by	ADP
ftr-297	911	10	congress	congress	PROPN
ftr-297	911	11	,	,	PUNCT
ftr-297	911	12	the	the	DET
ftr-297	911	13	service	service	NOUN
ftr-297	911	14	,	,	PUNCT
ftr-297	911	15	and	and	CCONJ
ftr-297	911	16	treasury	treasury	NOUN
ftr-297	911	17	favoring	favoring	NOUN
ftr-297	911	18	accuracy	accuracy	NOUN
ftr-297	911	19	and	and	CCONJ
ftr-297	911	20	efficiency	efficiency	NOUN
ftr-297	911	21	as	as	SCONJ
ftr-297	911	22	opposed	oppose	VERB
ftr-297	911	23	to	to	ADP
ftr-297	911	24	simplicity	simplicity	NOUN
ftr-297	911	25	and	and	CCONJ
ftr-297	911	26	flexibility	flexibility	NOUN
ftr-297	911	27	.	.	PUNCT
ftr-297	911	28	"	"	PUNCT
ftr-297	912	1	3	3	NUM
ftr-297	912	2	in	in	ADP
ftr-297	912	3	those	those	DET
ftr-297	912	4	few	few	ADJ
ftr-297	912	5	cases	case	NOUN
ftr-297	912	6	where	where	SCONJ
ftr-297	912	7	the	the	DET
ftr-297	912	8	administrative	administrative	ADJ
ftr-297	912	9	and	and	CCONJ
ftr-297	912	10	record	record	NOUN
ftr-297	912	11	keeping	keeping	NOUN
ftr-297	912	12	burden	burden	NOUN
ftr-297	912	13	is	be	AUX
ftr-297	912	14	genuine	genuine	ADJ
ftr-297	912	15	,	,	PUNCT
ftr-297	912	16	congress	congress	PROPN
ftr-297	912	17	has	have	AUX
ftr-297	912	18	provided	provide	VERB
ftr-297	912	19	exceptions	exception	NOUN
ftr-297	912	20	from	from	ADP
ftr-297	912	21	the	the	DET
ftr-297	912	22	calculations	calculation	NOUN
ftr-297	912	23	and	and	CCONJ
ftr-297	912	24	determinations	determination	NOUN
ftr-297	912	25	.	.	PUNCT
ftr-297	913	1	'14	'14	NUM
ftr-297	913	2	the	the	DET
ftr-297	913	3	2004	2004	NUM
ftr-297	913	4	amendments	amendment	NOUN
ftr-297	913	5	to	to	PART
ftr-297	913	6	section	section	NOUN
ftr-297	913	7	734(b	734(b	PROPN
ftr-297	913	8	)	)	PUNCT
ftr-297	913	9	and	and	CCONJ
ftr-297	913	10	section	section	NOUN
ftr-297	913	11	743(b	743(b	PROPN
ftr-297	913	12	)	)	PUNCT
ftr-297	913	13	underscore	underscore	VERB
ftr-297	913	14	the	the	DET
ftr-297	913	15	increasing	increase	VERB
ftr-297	913	16	ambivalence	ambivalence	NOUN
ftr-297	913	17	regarding	regard	VERB
ftr-297	913	18	the	the	DET
ftr-297	913	19	elevation	elevation	NOUN
ftr-297	913	20	of	of	ADP
ftr-297	913	21	flexibility	flexibility	NOUN
ftr-297	913	22	and	and	CCONJ
ftr-297	913	23	simplicity	simplicity	NOUN
ftr-297	913	24	over	over	ADP
ftr-297	913	25	consistency	consistency	NOUN
ftr-297	913	26	,	,	PUNCT
ftr-297	913	27	efficiency	efficiency	NOUN
ftr-297	913	28	,	,	PUNCT
ftr-297	913	29	and	and	CCONJ
ftr-297	913	30	overall	overall	ADJ
ftr-297	913	31	sound	sound	ADJ
ftr-297	913	32	tax	tax	NOUN
ftr-297	913	33	policy	policy	NOUN
ftr-297	913	34	.	.	PUNCT
ftr-297	913	35	"	"	PUNCT
ftr-297	914	1	5	5	NUM
ftr-297	914	2	the	the	DET
ftr-297	914	3	mandatory	mandatory	ADJ
ftr-297	914	4	application	application	NOUN
ftr-297	914	5	of	of	ADP
ftr-297	914	6	the	the	DET
ftr-297	914	7	provisions	provision	NOUN
ftr-297	914	8	in	in	ADP
ftr-297	914	9	such	such	ADJ
ftr-297	914	10	settings	setting	NOUN
ftr-297	914	11	marks	mark	VERB
ftr-297	914	12	a	a	DET
ftr-297	914	13	partial	partial	ADJ
ftr-297	914	14	victory	victory	NOUN
ftr-297	914	15	against	against	ADP
ftr-297	914	16	partnerships	partnership	NOUN
ftr-297	914	17	'	'	PART
ftr-297	914	18	ability	ability	NOUN
ftr-297	914	19	to	to	PART
ftr-297	914	20	manipulate	manipulate	VERB
ftr-297	914	21	basis	basis	NOUN
ftr-297	914	22	disparities	disparity	NOUN
ftr-297	914	23	.	.	PUNCT
ftr-297	915	1	the	the	DET
ftr-297	915	2	changes	change	NOUN
ftr-297	915	3	to	to	ADP
ftr-297	915	4	the	the	DET
ftr-297	915	5	basis	basis	NOUN
ftr-297	915	6	adjustment	adjustment	NOUN
ftr-297	915	7	provisions	provision	NOUN
ftr-297	915	8	are	be	AUX
ftr-297	915	9	sweeping	sweep	VERB
ftr-297	915	10	in	in	ADP
ftr-297	915	11	scope	scope	NOUN
ftr-297	915	12	because	because	SCONJ
ftr-297	915	13	they	they	PRON
ftr-297	915	14	apply	apply	VERB
ftr-297	915	15	to	to	ADP
ftr-297	915	16	most	most	ADJ
ftr-297	915	17	partnerships	partnership	NOUN
ftr-297	915	18	,	,	PUNCT
ftr-297	915	19	regardless	regardless	ADV
ftr-297	915	20	of	of	ADP
ftr-297	915	21	size	size	NOUN
ftr-297	915	22	.	.	PUNCT
ftr-297	916	1	administrative	administrative	ADJ
ftr-297	916	2	burdens	burden	NOUN
ftr-297	916	3	and	and	CCONJ
ftr-297	916	4	costs	cost	NOUN
ftr-297	916	5	imposed	impose	VERB
ftr-297	916	6	are	be	AUX
ftr-297	916	7	irrelevant	irrelevant	ADJ
ftr-297	916	8	.	.	PUNCT
ftr-297	917	1	thus	thus	ADV
ftr-297	917	2	,	,	PUNCT
ftr-297	917	3	the	the	DET
ftr-297	917	4	transfer	transfer	NOUN
ftr-297	917	5	of	of	ADP
ftr-297	917	6	a	a	DET
ftr-297	917	7	one	one	NUM
ftr-297	917	8	percent	percent	NOUN
ftr-297	917	9	interest	interest	NOUN
ftr-297	917	10	or	or	CCONJ
ftr-297	917	11	less	less	ADJ
ftr-297	917	12	in	in	ADP
ftr-297	917	13	a	a	DET
ftr-297	917	14	partnership	partnership	NOUN
ftr-297	917	15	could	could	AUX
ftr-297	917	16	trigger	trigger	VERB
ftr-297	917	17	the	the	DET
ftr-297	917	18	mandatory	mandatory	ADJ
ftr-297	917	19	application	application	NOUN
ftr-297	917	20	of	of	ADP
ftr-297	917	21	the	the	DET
ftr-297	917	22	basis	basis	NOUN
ftr-297	917	23	adjustment	adjustment	NOUN
ftr-297	917	24	rule	rule	NOUN
ftr-297	917	25	as	as	ADV
ftr-297	917	26	long	long	ADV
ftr-297	917	27	as	as	SCONJ
ftr-297	917	28	the	the	DET
ftr-297	917	29	built	build	VERB
ftr-297	917	30	-	-	PUNCT
ftr-297	917	31	in	in	ADP
ftr-297	917	32	-	-	PUNCT
ftr-297	917	33	loss	loss	NOUN
ftr-297	917	34	threshold	threshold	NOUN
ftr-297	917	35	is	be	AUX
ftr-297	917	36	met	meet	VERB
ftr-297	917	37	.	.	PUNCT
ftr-297	918	1	the	the	DET
ftr-297	918	2	mandatory	mandatory	ADJ
ftr-297	918	3	basis	basis	NOUN
ftr-297	918	4	adjustment	adjustment	NOUN
ftr-297	918	5	rules	rule	NOUN
ftr-297	918	6	also	also	ADV
ftr-297	918	7	apply	apply	VERB
ftr-297	918	8	even	even	ADV
ftr-297	918	9	in	in	ADP
ftr-297	918	10	the	the	DET
ftr-297	918	11	case	case	NOUN
ftr-297	918	12	of	of	ADP
ftr-297	918	13	a	a	DET
ftr-297	918	14	transfer	transfer	NOUN
ftr-297	918	15	due	due	ADP
ftr-297	918	16	to	to	ADP
ftr-297	918	17	the	the	DET
ftr-297	918	18	death	death	NOUN
ftr-297	918	19	of	of	ADP
ftr-297	918	20	a	a	DET
ftr-297	918	21	partner	partner	NOUN
ftr-297	918	22	,	,	PUNCT
ftr-297	918	23	a	a	DET
ftr-297	918	24	situation	situation	NOUN
ftr-297	918	25	in	in	ADP
ftr-297	918	26	which	which	PRON
ftr-297	918	27	an	an	DET
ftr-297	918	28	intention	intention	NOUN
ftr-297	918	29	to	to	PART
ftr-297	918	30	duplicate	duplicate	VERB
ftr-297	918	31	losses	loss	NOUN
ftr-297	918	32	should	should	AUX
ftr-297	918	33	be	be	AUX
ftr-297	918	34	lacking	lack	VERB
ftr-297	918	35	.	.	PUNCT
ftr-297	919	1	the	the	DET
ftr-297	919	2	mandatory	mandatory	ADJ
ftr-297	919	3	application	application	NOUN
ftr-297	919	4	of	of	ADP
ftr-297	919	5	the	the	DET
ftr-297	919	6	provisions	provision	NOUN
ftr-297	919	7	would	would	AUX
ftr-297	919	8	not	not	PART
ftr-297	919	9	only	only	ADV
ftr-297	919	10	simplify	simplify	VERB
ftr-297	919	11	partnership	partnership	NOUN
ftr-297	919	12	taxation	taxation	NOUN
ftr-297	919	13	by	by	ADP
ftr-297	919	14	rendering	render	VERB
ftr-297	919	15	obsolete	obsolete	ADJ
ftr-297	919	16	section	section	NOUN
ftr-297	919	17	732(d	732(d	PROPN
ftr-297	919	18	)	)	PUNCT
ftr-297	919	19	and	and	CCONJ
ftr-297	919	20	section	section	NOUN
ftr-297	919	21	754	754	NUM
ftr-297	919	22	,	,	PUNCT
ftr-297	919	23	but	but	CCONJ
ftr-297	919	24	it	it	PRON
ftr-297	919	25	would	would	AUX
ftr-297	919	26	also	also	ADV
ftr-297	919	27	greatly	greatly	ADV
ftr-297	919	28	facilitate	facilitate	VERB
ftr-297	919	29	the	the	DET
ftr-297	919	30	accuracy	accuracy	NOUN
ftr-297	919	31	,	,	PUNCT
ftr-297	919	32	uniformity	uniformity	NOUN
ftr-297	919	33	,	,	PUNCT
ftr-297	919	34	and	and	CCONJ
ftr-297	919	35	efficiency	efficiency	NOUN
ftr-297	919	36	of	of	ADP
ftr-297	919	37	111	111	NUM
ftr-297	919	38	.	.	PUNCT
ftr-297	920	1	see	see	VERB
ftr-297	920	2	willis	willis	PROPN
ftr-297	920	3	&	&	CCONJ
ftr-297	920	4	postlewaite	postlewaite	PROPN
ftr-297	920	5	,	,	PUNCT
ftr-297	920	6	partnership	partnership	NOUN
ftr-297	920	7	taxation	taxation	NOUN
ftr-297	920	8	,	,	PUNCT
ftr-297	920	9	supra	supra	PROPN
ftr-297	920	10	note	note	NOUN
ftr-297	920	11	2	2	NUM
ftr-297	920	12	,	,	PUNCT
ftr-297	920	13	at	at	ADP
ftr-297	920	14	619	619	NUM
ftr-297	920	15	.	.	PUNCT
ftr-297	921	1	112	112	NUM
ftr-297	921	2	.	.	PUNCT
ftr-297	921	3	see	see	VERB
ftr-297	921	4	reg	reg	NOUN
ftr-297	921	5	.	.	PUNCT
ftr-297	922	1	§	§	PROPN
ftr-297	922	2	§	§	PROPN
ftr-297	922	3	1.734	1.734	NUM
ftr-297	922	4	-	-	SYM
ftr-297	922	5	1	1	NUM
ftr-297	922	6	,	,	PUNCT
ftr-297	922	7	1.755	1.755	NUM
ftr-297	922	8	-	-	SYM
ftr-297	922	9	1	1	NUM
ftr-297	922	10	.	.	NOUN
ftr-297	922	11	113	113	NUM
ftr-297	922	12	.	.	PUNCT
ftr-297	923	1	see	see	VERB
ftr-297	923	2	willis	willis	PROPN
ftr-297	923	3	&	&	CCONJ
ftr-297	923	4	postlewaite	postlewaite	PROPN
ftr-297	923	5	,	,	PUNCT
ftr-297	923	6	partnership	partnership	NOUN
ftr-297	923	7	taxation	taxation	NOUN
ftr-297	923	8	,	,	PUNCT
ftr-297	923	9	supra	supra	PROPN
ftr-297	923	10	note	note	NOUN
ftr-297	923	11	2	2	NUM
ftr-297	923	12	,	,	PUNCT
ftr-297	923	13	at	at	ADP
ftr-297	923	14	tt	tt	PROPN
ftr-297	923	15	12.03[l	12.03[l	X
ftr-297	923	16	]	]	PUNCT
ftr-297	923	17	and	and	CCONJ
ftr-297	923	18	13.05[l	13.05[l	NUM
ftr-297	923	19	]	]	PUNCT
ftr-297	923	20	.	.	PUNCT
ftr-297	924	1	114	114	NUM
ftr-297	924	2	.	.	PUNCT
ftr-297	925	1	see	see	VERB
ftr-297	925	2	sections	section	NOUN
ftr-297	925	3	743(e	743(e	NOUN
ftr-297	925	4	)	)	PUNCT
ftr-297	925	5	and	and	CCONJ
ftr-297	925	6	743(f	743(f	NUM
ftr-297	925	7	)	)	PUNCT
ftr-297	925	8	regarding	regard	VERB
ftr-297	925	9	the	the	DET
ftr-297	925	10	inapplicability	inapplicability	NOUN
ftr-297	925	11	of	of	ADP
ftr-297	925	12	the	the	DET
ftr-297	925	13	mandatory	mandatory	ADJ
ftr-297	925	14	adjustment	adjustment	NOUN
ftr-297	925	15	for	for	ADP
ftr-297	925	16	electing	elect	VERB
ftr-297	925	17	investment	investment	NOUN
ftr-297	925	18	partnerships	partnership	NOUN
ftr-297	925	19	and	and	CCONJ
ftr-297	925	20	securitization	securitization	NOUN
ftr-297	925	21	partnerships	partnership	NOUN
ftr-297	925	22	.	.	PUNCT
ftr-297	926	1	interestingly	interestingly	ADV
ftr-297	926	2	,	,	PUNCT
ftr-297	926	3	only	only	ADV
ftr-297	926	4	securitization	securitization	NOUN
ftr-297	926	5	partnerships	partnership	NOUN
ftr-297	926	6	are	be	AUX
ftr-297	926	7	exempt	exempt	ADJ
ftr-297	926	8	from	from	ADP
ftr-297	926	9	section	section	NOUN
ftr-297	926	10	734(b	734(b	PROPN
ftr-297	926	11	)	)	PUNCT
ftr-297	926	12	.	.	PUNCT
ftr-297	927	1	see	see	VERB
ftr-297	927	2	i.r.c	i.r.c	NOUN
ftr-297	927	3	.	.	PUNCT
ftr-297	928	1	§	§	PROPN
ftr-297	928	2	734(e	734(e	PROPN
ftr-297	928	3	)	)	PUNCT
ftr-297	928	4	.	.	PUNCT
ftr-297	929	1	115	115	NUM
ftr-297	929	2	.	.	PUNCT
ftr-297	930	1	the	the	DET
ftr-297	930	2	mandatory	mandatory	ADJ
ftr-297	930	3	application	application	NOUN
ftr-297	930	4	of	of	ADP
ftr-297	930	5	section	section	NOUN
ftr-297	930	6	732(d	732(d	PROPN
ftr-297	930	7	)	)	PUNCT
ftr-297	930	8	in	in	ADP
ftr-297	930	9	certain	certain	ADJ
ftr-297	930	10	settings	setting	NOUN
ftr-297	930	11	was	be	AUX
ftr-297	930	12	an	an	DET
ftr-297	930	13	earlier	early	ADJ
ftr-297	930	14	indication	indication	NOUN
ftr-297	930	15	of	of	ADP
ftr-297	930	16	this	this	DET
ftr-297	930	17	concern	concern	NOUN
ftr-297	930	18	.	.	PUNCT
ftr-297	931	1	given	give	VERB
ftr-297	931	2	that	that	SCONJ
ftr-297	931	3	most	most	ADJ
ftr-297	931	4	practitioners	practitioner	NOUN
ftr-297	931	5	are	be	AUX
ftr-297	931	6	not	not	PART
ftr-297	931	7	aware	aware	ADJ
ftr-297	931	8	of	of	ADP
ftr-297	931	9	its	its	PRON
ftr-297	931	10	existence	existence	NOUN
ftr-297	931	11	,	,	PUNCT
ftr-297	931	12	it	it	PRON
ftr-297	931	13	has	have	AUX
ftr-297	931	14	not	not	PART
ftr-297	931	15	received	receive	VERB
ftr-297	931	16	much	much	ADJ
ftr-297	931	17	attention	attention	NOUN
ftr-297	931	18	in	in	ADP
ftr-297	931	19	the	the	DET
ftr-297	931	20	literature	literature	NOUN
ftr-297	931	21	.	.	PUNCT
ftr-297	932	1	150	150	NUM
ftr-297	933	1	[	[	X
ftr-297	933	2	vol	vol	NOUN
ftr-297	933	3	.	.	PUNCT
ftr-297	934	1	15:3	15:3	NUM
ftr-297	934	2	2014	2014	NUM
ftr-297	934	3	]	]	PUNCT
ftr-297	934	4	optional	optional	ADJ
ftr-297	934	5	basis	basis	NOUN
ftr-297	934	6	adjustments	adjustment	NOUN
ftr-297	934	7	under	under	ADP
ftr-297	934	8	subchapter	subchapter	NOUN
ftr-297	934	9	k	k	PROPN
ftr-297	934	10	151	151	NUM
ftr-297	934	11	partnership	partnership	NOUN
ftr-297	934	12	transactions.116	transactions.116	NOUN
ftr-297	934	13	most	most	ADV
ftr-297	934	14	importantly	importantly	ADV
ftr-297	934	15	,	,	PUNCT
ftr-297	934	16	it	it	PRON
ftr-297	934	17	would	would	AUX
ftr-297	934	18	rebalance	rebalance	VERB
ftr-297	934	19	equity	equity	NOUN
ftr-297	934	20	considerations	consideration	NOUN
ftr-297	934	21	not	not	PART
ftr-297	934	22	only	only	ADV
ftr-297	934	23	horizontally	horizontally	ADV
ftr-297	934	24	,	,	PUNCT
ftr-297	934	25	between	between	ADP
ftr-297	934	26	similarly	similarly	ADV
ftr-297	934	27	situated	situated	ADJ
ftr-297	934	28	partners	partner	NOUN
ftr-297	934	29	,	,	PUNCT
ftr-297	934	30	but	but	CCONJ
ftr-297	934	31	also	also	ADV
ftr-297	934	32	vertically	vertically	ADV
ftr-297	934	33	,	,	PUNCT
ftr-297	934	34	between	between	ADP
ftr-297	934	35	partners	partner	NOUN
ftr-297	934	36	with	with	ADP
ftr-297	934	37	greatly	greatly	ADV
ftr-297	934	38	varied	varied	ADJ
ftr-297	934	39	tax	tax	NOUN
ftr-297	934	40	characteristics	characteristic	NOUN
ftr-297	934	41	,	,	PUNCT
ftr-297	934	42	thereby	thereby	ADV
ftr-297	934	43	curtailing	curtail	VERB
ftr-297	934	44	or	or	CCONJ
ftr-297	934	45	preventing	prevent	VERB
ftr-297	934	46	abusive	abusive	ADJ
ftr-297	934	47	tax	tax	NOUN
ftr-297	934	48	sheltering	sheltering	NOUN
ftr-297	934	49	.	.	PUNCT
ftr-297	935	1	notwithstanding	notwithstanding	ADP
ftr-297	935	2	the	the	DET
ftr-297	935	3	2004	2004	NUM
ftr-297	935	4	amendments	amendment	NOUN
ftr-297	935	5	requiring	require	VERB
ftr-297	935	6	mandatory	mandatory	ADJ
ftr-297	935	7	application	application	NOUN
ftr-297	935	8	,	,	PUNCT
ftr-297	935	9	transactions	transaction	NOUN
ftr-297	935	10	under	under	ADP
ftr-297	935	11	section	section	NOUN
ftr-297	935	12	734(b	734(b	PROPN
ftr-297	935	13	)	)	PUNCT
ftr-297	935	14	and	and	CCONJ
ftr-297	935	15	section	section	NOUN
ftr-297	935	16	743(b	743(b	PROPN
ftr-297	935	17	)	)	PUNCT
ftr-297	935	18	falling	fall	VERB
ftr-297	935	19	short	short	ADV
ftr-297	935	20	of	of	ADP
ftr-297	935	21	the	the	DET
ftr-297	935	22	$	$	SYM
ftr-297	935	23	250,000	250,000	NUM
ftr-297	935	24	threshold	threshold	NOUN
ftr-297	935	25	remain	remain	VERB
ftr-297	935	26	untouched	untouched	ADJ
ftr-297	935	27	.	.	PUNCT
ftr-297	936	1	mandatory	mandatory	ADJ
ftr-297	936	2	application	application	NOUN
ftr-297	936	3	of	of	ADP
ftr-297	936	4	the	the	DET
ftr-297	936	5	basis	basis	NOUN
ftr-297	936	6	adjustments	adjustment	NOUN
ftr-297	936	7	in	in	ADP
ftr-297	936	8	all	all	DET
ftr-297	936	9	cases	case	NOUN
ftr-297	936	10	would	would	AUX
ftr-297	936	11	ensure	ensure	VERB
ftr-297	936	12	vertical	vertical	ADJ
ftr-297	936	13	and	and	CCONJ
ftr-297	936	14	horizontal	horizontal	ADJ
ftr-297	936	15	equity	equity	NOUN
ftr-297	936	16	in	in	ADP
ftr-297	936	17	all	all	DET
ftr-297	936	18	cases	case	NOUN
ftr-297	936	19	.	.	PUNCT
ftr-297	936	20	'	'	PUNCT
ftr-297	936	21	17	17	NUM
ftr-297	936	22	ix	ix	NOUN
ftr-297	936	23	.	.	PUNCT
ftr-297	937	1	reasons	reason	NOUN
ftr-297	937	2	for	for	ADP
ftr-297	937	3	making	make	VERB
ftr-297	937	4	the	the	DET
ftr-297	937	5	sections	section	NOUN
ftr-297	937	6	734(b	734(b	NUM
ftr-297	937	7	)	)	PUNCT
ftr-297	937	8	and	and	CCONJ
ftr-297	937	9	743(b	743(b	NUM
ftr-297	937	10	)	)	PUNCT
ftr-297	937	11	basis	basis	NOUN
ftr-297	937	12	adjustments	adjustment	NOUN
ftr-297	937	13	mandatory	mandatory	ADJ
ftr-297	937	14	the	the	DET
ftr-297	937	15	legislative	legislative	ADJ
ftr-297	937	16	history	history	NOUN
ftr-297	937	17	of	of	ADP
ftr-297	937	18	subchapter	subchapter	NOUN
ftr-297	937	19	k	k	PROPN
ftr-297	937	20	links	link	VERB
ftr-297	937	21	its	its	PRON
ftr-297	937	22	origin	origin	NOUN
ftr-297	937	23	to	to	ADP
ftr-297	937	24	the	the	DET
ftr-297	937	25	excessive	excessive	ADJ
ftr-297	937	26	use	use	NOUN
ftr-297	937	27	of	of	ADP
ftr-297	937	28	taxmotivated	taxmotivate	VERB
ftr-297	937	29	family	family	NOUN
ftr-297	937	30	partnerships	partnership	NOUN
ftr-297	937	31	of	of	ADP
ftr-297	937	32	the	the	DET
ftr-297	937	33	1940s	1940	NOUN
ftr-297	937	34	.	.	PUNCT
ftr-297	938	1	"'8	"'8	PUNCT
ftr-297	938	2	the	the	DET
ftr-297	938	3	legal	legal	ADJ
ftr-297	938	4	and	and	CCONJ
ftr-297	938	5	historic	historic	ADJ
ftr-297	938	6	context	context	NOUN
ftr-297	938	7	surrounding	surround	VERB
ftr-297	938	8	its	its	PRON
ftr-297	938	9	enactment	enactment	NOUN
ftr-297	938	10	,	,	PUNCT
ftr-297	938	11	in	in	ADP
ftr-297	938	12	which	which	PRON
ftr-297	938	13	both	both	CCONJ
ftr-297	938	14	the	the	DET
ftr-297	938	15	united	united	PROPN
ftr-297	938	16	states	states	PROPN
ftr-297	938	17	supreme	supreme	PROPN
ftr-297	938	18	court	court	PROPN
ftr-297	938	19	and	and	CCONJ
ftr-297	938	20	congress	congress	PROPN
ftr-297	938	21	sanctioned	sanction	VERB
ftr-297	938	22	the	the	DET
ftr-297	938	23	use	use	NOUN
ftr-297	938	24	of	of	ADP
ftr-297	938	25	tax	tax	NOUN
ftr-297	938	26	-	-	PUNCT
ftr-297	938	27	motivated	motivate	VERB
ftr-297	938	28	entities	entity	NOUN
ftr-297	938	29	,	,	PUNCT
ftr-297	938	30	'	'	PUNCT
ftr-297	938	31	stressed	stress	VERB
ftr-297	938	32	the	the	DET
ftr-297	938	33	"	"	PUNCT
ftr-297	938	34	vital	vital	ADJ
ftr-297	938	35	need	need	NOUN
ftr-297	938	36	"	"	PUNCT
ftr-297	938	37	for	for	ADP
ftr-297	938	38	"	"	PUNCT
ftr-297	938	39	clarification	clarification	NOUN
ftr-297	938	40	,	,	PUNCT
ftr-297	938	41	"	"	PUNCT
ftr-297	938	42	"	"	PUNCT
ftr-297	938	43	simplicity	simplicity	NOUN
ftr-297	938	44	,	,	PUNCT
ftr-297	938	45	"	"	PUNCT
ftr-297	938	46	and	and	CCONJ
ftr-297	938	47	"	"	PUNCT
ftr-297	938	48	flexibility	flexibility	NOUN
ftr-297	938	49	.	.	PUNCT
ftr-297	939	1	"1	"1	NOUN
ftr-297	939	2	20	20	NUM
ftr-297	940	1	the	the	DET
ftr-297	940	2	accurate	accurate	ADJ
ftr-297	940	3	reflection	reflection	NOUN
ftr-297	940	4	of	of	ADP
ftr-297	940	5	the	the	DET
ftr-297	940	6	economic	economic	ADJ
ftr-297	940	7	aspect	aspect	NOUN
ftr-297	940	8	of	of	ADP
ftr-297	940	9	partnership	partnership	NOUN
ftr-297	940	10	transactions	transaction	NOUN
ftr-297	940	11	was	be	AUX
ftr-297	940	12	not	not	PART
ftr-297	940	13	a	a	DET
ftr-297	940	14	high	high	ADJ
ftr-297	940	15	priority	priority	NOUN
ftr-297	940	16	for	for	ADP
ftr-297	940	17	the	the	DET
ftr-297	940	18	drafters	drafter	NOUN
ftr-297	940	19	of	of	ADP
ftr-297	940	20	subchapter	subchapter	NOUN
ftr-297	940	21	k	k	NOUN
ftr-297	940	22	;	;	PUNCT
ftr-297	940	23	rather	rather	ADV
ftr-297	940	24	,	,	PUNCT
ftr-297	940	25	their	their	PRON
ftr-297	940	26	overriding	override	VERB
ftr-297	940	27	objectives	objective	NOUN
ftr-297	940	28	were	be	AUX
ftr-297	940	29	certainty	certainty	ADJ
ftr-297	940	30	and	and	CCONJ
ftr-297	940	31	the	the	DET
ftr-297	940	32	elimination	elimination	NOUN
ftr-297	940	33	of	of	ADP
ftr-297	940	34	confusion	confusion	NOUN
ftr-297	940	35	.	.	PUNCT
ftr-297	941	1	121	121	NUM
ftr-297	941	2	those	those	DET
ftr-297	941	3	principles	principle	NOUN
ftr-297	941	4	led	lead	VERB
ftr-297	941	5	to	to	ADP
ftr-297	941	6	the	the	DET
ftr-297	941	7	enactment	enactment	NOUN
ftr-297	941	8	of	of	ADP
ftr-297	941	9	rules	rule	NOUN
ftr-297	941	10	designed	design	VERB
ftr-297	941	11	to	to	PART
ftr-297	941	12	facilitate	facilitate	VERB
ftr-297	941	13	116	116	NUM
ftr-297	941	14	.	.	PUNCT
ftr-297	942	1	however	however	ADV
ftr-297	942	2	,	,	PUNCT
ftr-297	942	3	the	the	DET
ftr-297	942	4	mandatory	mandatory	ADJ
ftr-297	942	5	application	application	NOUN
ftr-297	942	6	of	of	ADP
ftr-297	942	7	the	the	DET
ftr-297	942	8	basis	basis	NOUN
ftr-297	942	9	adjustment	adjustment	NOUN
ftr-297	942	10	provisions	provision	NOUN
ftr-297	942	11	would	would	AUX
ftr-297	942	12	not	not	PART
ftr-297	942	13	cure	cure	VERB
ftr-297	942	14	the	the	DET
ftr-297	942	15	inherent	inherent	ADJ
ftr-297	942	16	problems	problem	NOUN
ftr-297	942	17	with	with	ADP
ftr-297	942	18	section	section	NOUN
ftr-297	942	19	734(b	734(b	PROPN
ftr-297	942	20	)	)	PUNCT
ftr-297	942	21	or	or	CCONJ
ftr-297	942	22	the	the	DET
ftr-297	942	23	flawed	flawed	ADJ
ftr-297	942	24	allocation	allocation	NOUN
ftr-297	942	25	rules	rule	NOUN
ftr-297	942	26	under	under	ADP
ftr-297	942	27	sections	section	NOUN
ftr-297	942	28	734(b	734(b	PROPN
ftr-297	942	29	)	)	PUNCT
ftr-297	942	30	and	and	CCONJ
ftr-297	942	31	755	755	NUM
ftr-297	942	32	,	,	PUNCT
ftr-297	942	33	and	and	CCONJ
ftr-297	942	34	the	the	DET
ftr-297	942	35	regulations	regulation	NOUN
ftr-297	942	36	.	.	PUNCT
ftr-297	943	1	while	while	SCONJ
ftr-297	943	2	the	the	DET
ftr-297	943	3	1999	1999	NUM
ftr-297	943	4	amendments	amendment	NOUN
ftr-297	943	5	relating	relate	VERB
ftr-297	943	6	to	to	ADP
ftr-297	943	7	optional	optional	ADJ
ftr-297	943	8	basis	basis	NOUN
ftr-297	943	9	adjustments	adjustment	NOUN
ftr-297	943	10	greatly	greatly	ADV
ftr-297	943	11	clarified	clarify	VERB
ftr-297	943	12	the	the	DET
ftr-297	943	13	methodology	methodology	NOUN
ftr-297	943	14	of	of	ADP
ftr-297	943	15	the	the	DET
ftr-297	943	16	allocation	allocation	NOUN
ftr-297	943	17	rules	rule	NOUN
ftr-297	943	18	under	under	ADP
ftr-297	943	19	sections	section	NOUN
ftr-297	943	20	743(b	743(b	PROPN
ftr-297	943	21	)	)	PUNCT
ftr-297	943	22	and	and	CCONJ
ftr-297	943	23	755	755	NUM
ftr-297	943	24	,	,	PUNCT
ftr-297	943	25	they	they	PRON
ftr-297	943	26	failed	fail	VERB
ftr-297	943	27	to	to	PART
ftr-297	943	28	provide	provide	VERB
ftr-297	943	29	similar	similar	ADJ
ftr-297	943	30	improvement	improvement	NOUN
ftr-297	943	31	to	to	ADP
ftr-297	943	32	the	the	DET
ftr-297	943	33	corresponding	corresponding	ADJ
ftr-297	943	34	rules	rule	NOUN
ftr-297	943	35	under	under	ADP
ftr-297	943	36	section	section	NOUN
ftr-297	943	37	734(b	734(b	PROPN
ftr-297	943	38	)	)	PUNCT
ftr-297	943	39	.	.	PUNCT
ftr-297	944	1	117	117	NUM
ftr-297	944	2	.	.	PUNCT
ftr-297	945	1	an	an	DET
ftr-297	945	2	interesting	interesting	ADJ
ftr-297	945	3	aspect	aspect	NOUN
ftr-297	945	4	of	of	ADP
ftr-297	945	5	the	the	DET
ftr-297	945	6	threshold	threshold	NOUN
ftr-297	945	7	is	be	AUX
ftr-297	945	8	that	that	SCONJ
ftr-297	945	9	congress	congress	PROPN
ftr-297	945	10	did	do	AUX
ftr-297	945	11	not	not	PART
ftr-297	945	12	do	do	VERB
ftr-297	945	13	similarly	similarly	ADV
ftr-297	945	14	in	in	ADP
ftr-297	945	15	section	section	NOUN
ftr-297	945	16	704(c)(1)(c	704(c)(1)(c	NUM
ftr-297	945	17	)	)	PUNCT
ftr-297	945	18	,	,	PUNCT
ftr-297	945	19	where	where	SCONJ
ftr-297	945	20	a	a	DET
ftr-297	945	21	mere	mere	ADJ
ftr-297	945	22	loss	loss	NOUN
ftr-297	945	23	potential	potential	NOUN
ftr-297	945	24	of	of	ADP
ftr-297	945	25	but	but	CCONJ
ftr-297	945	26	a	a	DET
ftr-297	945	27	single	single	ADJ
ftr-297	945	28	dollar	dollar	NOUN
ftr-297	945	29	will	will	AUX
ftr-297	945	30	trigger	trigger	VERB
ftr-297	945	31	its	its	PRON
ftr-297	945	32	application	application	NOUN
ftr-297	945	33	.	.	PUNCT
ftr-297	946	1	118	118	NUM
ftr-297	946	2	.	.	PUNCT
ftr-297	947	1	see	see	VERB
ftr-297	947	2	discussion	discussion	NOUN
ftr-297	947	3	supra	supra	NOUN
ftr-297	947	4	at	at	ADP
ftr-297	947	5	part	part	PROPN
ftr-297	947	6	ii	ii	PROPN
ftr-297	947	7	,	,	PUNCT
ftr-297	947	8	b.	b.	PROPN
ftr-297	947	9	119	119	NUM
ftr-297	947	10	.	.	PUNCT
ftr-297	948	1	the	the	DET
ftr-297	948	2	economic	economic	ADJ
ftr-297	948	3	and	and	CCONJ
ftr-297	948	4	historic	historic	ADJ
ftr-297	948	5	activity	activity	NOUN
ftr-297	948	6	throughout	throughout	ADP
ftr-297	948	7	the	the	DET
ftr-297	948	8	late	late	ADJ
ftr-297	948	9	1940s	1940	NOUN
ftr-297	948	10	and	and	CCONJ
ftr-297	948	11	1950s	1950	NOUN
ftr-297	948	12	,	,	PUNCT
ftr-297	948	13	where	where	SCONJ
ftr-297	948	14	the	the	DET
ftr-297	948	15	top	top	ADJ
ftr-297	948	16	marginal	marginal	ADJ
ftr-297	948	17	tax	tax	NOUN
ftr-297	948	18	rate	rate	NOUN
ftr-297	948	19	was	be	AUX
ftr-297	948	20	typically	typically	ADV
ftr-297	948	21	above	above	ADP
ftr-297	948	22	90	90	NUM
ftr-297	948	23	percent	percent	NOUN
ftr-297	948	24	and	and	CCONJ
ftr-297	948	25	the	the	DET
ftr-297	948	26	necessity	necessity	NOUN
ftr-297	948	27	for	for	ADP
ftr-297	948	28	economic	economic	ADJ
ftr-297	948	29	growth	growth	NOUN
ftr-297	948	30	following	follow	VERB
ftr-297	948	31	world	world	PROPN
ftr-297	948	32	war	war	PROPN
ftr-297	948	33	ii	ii	PROPN
ftr-297	948	34	was	be	AUX
ftr-297	948	35	stringent	stringent	ADJ
ftr-297	948	36	,	,	PUNCT
ftr-297	948	37	offers	offer	VERB
ftr-297	948	38	a	a	DET
ftr-297	948	39	contextual	contextual	ADJ
ftr-297	948	40	basis	basis	NOUN
ftr-297	948	41	for	for	ADP
ftr-297	948	42	the	the	DET
ftr-297	948	43	prevailing	prevail	VERB
ftr-297	948	44	policies	policy	NOUN
ftr-297	948	45	embraced	embrace	VERB
ftr-297	948	46	by	by	ADP
ftr-297	948	47	the	the	DET
ftr-297	948	48	legislature	legislature	NOUN
ftr-297	948	49	and	and	CCONJ
ftr-297	948	50	judiciary	judiciary	NOUN
ftr-297	948	51	.	.	PUNCT
ftr-297	949	1	see	see	VERB
ftr-297	949	2	superior	superior	ADJ
ftr-297	949	3	oil	oil	PROPN
ftr-297	949	4	co.	co.	PROPN
ftr-297	949	5	v.	v.	ADP
ftr-297	949	6	mississippi	mississippi	PROPN
ftr-297	949	7	,	,	PUNCT
ftr-297	949	8	280	280	NUM
ftr-297	949	9	u.s	u.s	PROPN
ftr-297	949	10	.	.	PROPN
ftr-297	949	11	390	390	NUM
ftr-297	949	12	,	,	PUNCT
ftr-297	949	13	395	395	NUM
ftr-297	949	14	-	-	SYM
ftr-297	949	15	396	396	NUM
ftr-297	949	16	(	(	PUNCT
ftr-297	949	17	1930	1930	NUM
ftr-297	949	18	)	)	PUNCT
ftr-297	949	19	,	,	PUNCT
ftr-297	949	20	where	where	SCONJ
ftr-297	949	21	justice	justice	NOUN
ftr-297	949	22	holmes	holmes	PROPN
ftr-297	949	23	stated	state	VERB
ftr-297	949	24	that	that	SCONJ
ftr-297	949	25	"	"	PUNCT
ftr-297	949	26	[	[	X
ftr-297	949	27	t]he	t]he	ADJ
ftr-297	949	28	only	only	ADJ
ftr-297	949	29	purpose	purpose	NOUN
ftr-297	949	30	of	of	ADP
ftr-297	949	31	the	the	DET
ftr-297	949	32	[	[	X
ftr-297	949	33	taxpayer	taxpayer	NOUN
ftr-297	949	34	]	]	PUNCT
ftr-297	949	35	was	be	AUX
ftr-297	949	36	to	to	PART
ftr-297	949	37	escape	escape	VERB
ftr-297	949	38	taxation	taxation	NOUN
ftr-297	949	39	....	....	PUNCT
ftr-297	950	1	the	the	DET
ftr-297	950	2	fact	fact	NOUN
ftr-297	950	3	that	that	SCONJ
ftr-297	950	4	it	it	PRON
ftr-297	950	5	desired	desire	VERB
ftr-297	950	6	to	to	PART
ftr-297	950	7	evade	evade	VERB
ftr-297	950	8	the	the	DET
ftr-297	950	9	law	law	NOUN
ftr-297	950	10	,	,	PUNCT
ftr-297	950	11	as	as	SCONJ
ftr-297	950	12	it	it	PRON
ftr-297	950	13	is	be	AUX
ftr-297	950	14	called	call	VERB
ftr-297	950	15	,	,	PUNCT
ftr-297	950	16	is	be	AUX
ftr-297	950	17	immaterial	immaterial	ADJ
ftr-297	950	18	,	,	PUNCT
ftr-297	950	19	because	because	SCONJ
ftr-297	950	20	the	the	DET
ftr-297	950	21	very	very	ADJ
ftr-297	950	22	meaning	meaning	NOUN
ftr-297	950	23	of	of	ADP
ftr-297	950	24	a	a	DET
ftr-297	950	25	line	line	NOUN
ftr-297	950	26	in	in	ADP
ftr-297	950	27	the	the	DET
ftr-297	950	28	law	law	NOUN
ftr-297	950	29	is	be	AUX
ftr-297	950	30	that	that	SCONJ
ftr-297	950	31	you	you	PRON
ftr-297	950	32	intentionally	intentionally	ADV
ftr-297	950	33	may	may	AUX
ftr-297	950	34	go	go	VERB
ftr-297	950	35	as	as	ADV
ftr-297	950	36	close	close	ADV
ftr-297	950	37	to	to	ADP
ftr-297	950	38	it	it	PRON
ftr-297	950	39	as	as	SCONJ
ftr-297	950	40	you	you	PRON
ftr-297	950	41	can	can	AUX
ftr-297	950	42	if	if	SCONJ
ftr-297	950	43	you	you	PRON
ftr-297	950	44	do	do	AUX
ftr-297	950	45	not	not	PART
ftr-297	950	46	pass	pass	VERB
ftr-297	950	47	it	it	PRON
ftr-297	950	48	.	.	PUNCT
ftr-297	950	49	"	"	PUNCT
ftr-297	951	1	120	120	NUM
ftr-297	951	2	.	.	PUNCT
ftr-297	951	3	see	see	VERB
ftr-297	951	4	s.	s.	PROPN
ftr-297	951	5	rep	rep	PROPN
ftr-297	951	6	.	.	PROPN
ftr-297	952	1	no	no	PROPN
ftr-297	952	2	.	.	NOUN
ftr-297	952	3	83	83	NUM
ftr-297	952	4	-	-	SYM
ftr-297	952	5	1622	1622	NUM
ftr-297	952	6	,	,	PUNCT
ftr-297	952	7	supra	supra	NOUN
ftr-297	952	8	note	note	NOUN
ftr-297	952	9	6	6	NUM
ftr-297	952	10	,	,	PUNCT
ftr-297	952	11	at	at	ADP
ftr-297	952	12	89	89	NUM
ftr-297	952	13	(	(	PUNCT
ftr-297	952	14	1954	1954	NUM
ftr-297	952	15	)	)	PUNCT
ftr-297	952	16	.	.	PUNCT
ftr-297	953	1	equity	equity	NOUN
ftr-297	953	2	among	among	ADP
ftr-297	953	3	partners	partner	NOUN
ftr-297	953	4	was	be	AUX
ftr-297	953	5	another	another	DET
ftr-297	953	6	important	important	ADJ
ftr-297	953	7	concern	concern	NOUN
ftr-297	953	8	for	for	ADP
ftr-297	953	9	the	the	DET
ftr-297	953	10	drafters	drafter	NOUN
ftr-297	953	11	of	of	ADP
ftr-297	953	12	the	the	DET
ftr-297	953	13	1954	1954	NUM
ftr-297	953	14	code	code	NOUN
ftr-297	953	15	.	.	PUNCT
ftr-297	954	1	121	121	NUM
ftr-297	954	2	.	.	PUNCT
ftr-297	955	1	h.r	h.r	PROPN
ftr-297	955	2	.	.	PROPN
ftr-297	955	3	rep	rep	PROPN
ftr-297	955	4	.	.	PROPN
ftr-297	955	5	no	no	PROPN
ftr-297	955	6	.	.	NOUN
ftr-297	956	1	83	83	NUM
ftr-297	956	2	-	-	SYM
ftr-297	956	3	1337	1337	NUM
ftr-297	957	1	,	,	PUNCT
ftr-297	957	2	supra	supra	PROPN
ftr-297	957	3	note	note	PROPN
ftr-297	957	4	8	8	NUM
ftr-297	957	5	,	,	PUNCT
ftr-297	957	6	at	at	ADP
ftr-297	957	7	66	66	NUM
ftr-297	957	8	(	(	PUNCT
ftr-297	957	9	1954	1954	NUM
ftr-297	957	10	)	)	PUNCT
ftr-297	957	11	.	.	PUNCT
ftr-297	958	1	"	"	PUNCT
ftr-297	958	2	this	this	DET
ftr-297	958	3	general	general	ADJ
ftr-297	958	4	treatment	treatment	NOUN
ftr-297	958	5	was	be	AUX
ftr-297	958	6	adopted	adopt	VERB
ftr-297	958	7	because	because	SCONJ
ftr-297	958	8	of	of	ADP
ftr-297	958	9	its	its	PRON
ftr-297	958	10	extreme	extreme	ADJ
ftr-297	958	11	simplicity	simplicity	NOUN
ftr-297	958	12	as	as	SCONJ
ftr-297	958	13	contrasted	contrast	VERB
ftr-297	958	14	with	with	ADP
ftr-297	958	15	any	any	DET
ftr-297	958	16	other	other	ADJ
ftr-297	958	17	alternative	alternative	NOUN
ftr-297	958	18	and	and	CCONJ
ftr-297	958	19	because	because	SCONJ
ftr-297	958	20	it	it	PRON
ftr-297	958	21	conforms	conform	VERB
ftr-297	958	22	to	to	ADP
ftr-297	958	23	the	the	DET
ftr-297	958	24	usual	usual	ADJ
ftr-297	958	25	expectations	expectation	NOUN
ftr-297	958	26	of	of	ADP
ftr-297	958	27	partners	partner	NOUN
ftr-297	958	28	.	.	PUNCT
ftr-297	958	29	"	"	PUNCT
ftr-297	959	1	florida	florida	PROPN
ftr-297	959	2	tax	tax	PROPN
ftr-297	959	3	review	review	PROPN
ftr-297	959	4	partnership	partnership	NOUN
ftr-297	959	5	transactions	transaction	NOUN
ftr-297	959	6	expected	expect	VERB
ftr-297	959	7	to	to	PART
ftr-297	959	8	comply	comply	VERB
ftr-297	959	9	with	with	ADP
ftr-297	959	10	the	the	DET
ftr-297	959	11	economics	economic	NOUN
ftr-297	959	12	of	of	ADP
ftr-297	959	13	the	the	DET
ftr-297	959	14	transaction	transaction	NOUN
ftr-297	959	15	.	.	PUNCT
ftr-297	960	1	basis	basis	NOUN
ftr-297	960	2	manipulation	manipulation	NOUN
ftr-297	960	3	through	through	ADP
ftr-297	960	4	the	the	DET
ftr-297	960	5	exploitative	exploitative	ADJ
ftr-297	960	6	tax	tax	NOUN
ftr-297	960	7	planning	planning	NOUN
ftr-297	960	8	of	of	ADP
ftr-297	960	9	the	the	DET
ftr-297	960	10	discrepancies	discrepancy	NOUN
ftr-297	960	11	between	between	ADP
ftr-297	960	12	outside	outside	ADJ
ftr-297	960	13	and	and	CCONJ
ftr-297	960	14	inside	inside	ADJ
ftr-297	960	15	partnership	partnership	NOUN
ftr-297	960	16	basis	basis	NOUN
ftr-297	960	17	has	have	AUX
ftr-297	960	18	emerged	emerge	VERB
ftr-297	960	19	as	as	ADP
ftr-297	960	20	a	a	DET
ftr-297	960	21	central	central	ADJ
ftr-297	960	22	concern	concern	NOUN
ftr-297	960	23	of	of	ADP
ftr-297	960	24	the	the	DET
ftr-297	960	25	treasury	treasury	NOUN
ftr-297	960	26	and	and	CCONJ
ftr-297	960	27	internal	internal	ADJ
ftr-297	960	28	revenue	revenue	NOUN
ftr-297	960	29	service	service	NOUN
ftr-297	960	30	.	.	PUNCT
ftr-297	961	1	this	this	PRON
ftr-297	961	2	indicates	indicate	VERB
ftr-297	961	3	that	that	SCONJ
ftr-297	961	4	the	the	DET
ftr-297	961	5	policies	policy	NOUN
ftr-297	961	6	of	of	ADP
ftr-297	961	7	simplicity	simplicity	NOUN
ftr-297	961	8	and	and	CCONJ
ftr-297	961	9	flexibility	flexibility	NOUN
ftr-297	961	10	have	have	AUX
ftr-297	961	11	largely	largely	ADV
ftr-297	961	12	failed	fail	VERB
ftr-297	961	13	and	and	CCONJ
ftr-297	961	14	should	should	AUX
ftr-297	961	15	give	give	VERB
ftr-297	961	16	way	way	NOUN
ftr-297	961	17	to	to	ADP
ftr-297	961	18	more	more	ADV
ftr-297	961	19	significant	significant	ADJ
ftr-297	961	20	concerns	concern	NOUN
ftr-297	961	21	such	such	ADJ
ftr-297	961	22	as	as	ADP
ftr-297	961	23	equity	equity	NOUN
ftr-297	961	24	,	,	PUNCT
ftr-297	961	25	accuracy	accuracy	NOUN
ftr-297	961	26	,	,	PUNCT
ftr-297	961	27	and	and	CCONJ
ftr-297	961	28	efficiency	efficiency	NOUN
ftr-297	961	29	.	.	PUNCT
ftr-297	962	1	the	the	DET
ftr-297	962	2	recent	recent	ADJ
ftr-297	962	3	major	major	ADJ
ftr-297	962	4	legislative	legislative	ADJ
ftr-297	962	5	changes	change	NOUN
ftr-297	962	6	to	to	ADP
ftr-297	962	7	the	the	DET
ftr-297	962	8	adjustment	adjustment	NOUN
ftr-297	962	9	of	of	ADP
ftr-297	962	10	basis	basis	NOUN
ftr-297	962	11	provisions	provision	NOUN
ftr-297	962	12	,	,	PUNCT
ftr-297	962	13	specifically	specifically	ADV
ftr-297	962	14	the	the	DET
ftr-297	962	15	2004	2004	NUM
ftr-297	962	16	amendments	amendment	NOUN
ftr-297	962	17	to	to	PART
ftr-297	962	18	section	section	NOUN
ftr-297	962	19	734(b	734(b	PROPN
ftr-297	962	20	)	)	PUNCT
ftr-297	962	21	and	and	CCONJ
ftr-297	962	22	section	section	NOUN
ftr-297	962	23	743(b	743(b	PROPN
ftr-297	962	24	)	)	PUNCT
ftr-297	962	25	,	,	PUNCT
ftr-297	962	26	partially	partially	ADV
ftr-297	962	27	addressed	address	VERB
ftr-297	962	28	the	the	DET
ftr-297	962	29	problem	problem	NOUN
ftr-297	962	30	of	of	ADP
ftr-297	962	31	their	their	PRON
ftr-297	962	32	electivity	electivity	NOUN
ftr-297	962	33	.	.	PUNCT
ftr-297	963	1	partnerships	partnership	NOUN
ftr-297	963	2	play	play	VERB
ftr-297	963	3	a	a	DET
ftr-297	963	4	major	major	ADJ
ftr-297	963	5	and	and	CCONJ
ftr-297	963	6	ever	ever	ADV
ftr-297	963	7	-	-	PUNCT
ftr-297	963	8	increasing	increase	VERB
ftr-297	963	9	role	role	NOUN
ftr-297	963	10	in	in	ADP
ftr-297	963	11	the	the	DET
ftr-297	963	12	field	field	NOUN
ftr-297	963	13	of	of	ADP
ftr-297	963	14	federal	federal	ADJ
ftr-297	963	15	taxation	taxation	NOUN
ftr-297	963	16	from	from	ADP
ftr-297	963	17	a	a	DET
ftr-297	963	18	revenue	revenue	NOUN
ftr-297	963	19	perspective	perspective	NOUN
ftr-297	963	20	;	;	PUNCT
ftr-297	963	21	therefore	therefore	ADV
ftr-297	963	22	,	,	PUNCT
ftr-297	963	23	policies	policy	NOUN
ftr-297	963	24	promoting	promote	VERB
ftr-297	963	25	the	the	DET
ftr-297	963	26	tax	tax	NOUN
ftr-297	963	27	policy	policy	NOUN
ftr-297	963	28	goals	goal	NOUN
ftr-297	963	29	of	of	ADP
ftr-297	963	30	subchapter	subchapter	NOUN
ftr-297	963	31	k	k	PROPN
ftr-297	963	32	are	be	AUX
ftr-297	963	33	required	require	VERB
ftr-297	963	34	.	.	PUNCT
ftr-297	964	1	the	the	DET
ftr-297	964	2	drafters	drafter	NOUN
ftr-297	964	3	of	of	ADP
ftr-297	964	4	subchapter	subchapter	NOUN
ftr-297	964	5	k	k	PROPN
ftr-297	964	6	in	in	ADP
ftr-297	964	7	1954	1954	NUM
ftr-297	964	8	recognized	recognize	VERB
ftr-297	964	9	the	the	DET
ftr-297	964	10	potential	potential	NOUN
ftr-297	964	11	for	for	ADP
ftr-297	964	12	shifting	shift	VERB
ftr-297	964	13	tax	tax	NOUN
ftr-297	964	14	attributes	attribute	NOUN
ftr-297	964	15	through	through	ADP
ftr-297	964	16	the	the	DET
ftr-297	964	17	manipulation	manipulation	NOUN
ftr-297	964	18	of	of	ADP
ftr-297	964	19	basis	basis	NOUN
ftr-297	964	20	discrepancies	discrepancy	NOUN
ftr-297	964	21	.	.	PUNCT
ftr-297	965	1	12	12	NUM
ftr-297	965	2	2	2	NUM
ftr-297	965	3	nevertheless	nevertheless	ADV
ftr-297	965	4	,	,	PUNCT
ftr-297	965	5	starting	start	VERB
ftr-297	965	6	from	from	ADP
ftr-297	965	7	the	the	DET
ftr-297	965	8	premise	premise	NOUN
ftr-297	965	9	that	that	SCONJ
ftr-297	965	10	the	the	DET
ftr-297	965	11	cost	cost	NOUN
ftr-297	965	12	of	of	ADP
ftr-297	965	13	complexity	complexity	NOUN
ftr-297	965	14	through	through	ADP
ftr-297	965	15	the	the	DET
ftr-297	965	16	harmonization	harmonization	NOUN
ftr-297	965	17	of	of	ADP
ftr-297	965	18	inside	inside	ADP
ftr-297	965	19	and	and	CCONJ
ftr-297	965	20	outside	outside	ADJ
ftr-297	965	21	basis	basis	NOUN
ftr-297	965	22	outweighed	outweigh	VERB
ftr-297	965	23	the	the	DET
ftr-297	965	24	benefits	benefit	NOUN
ftr-297	965	25	of	of	ADP
ftr-297	965	26	accuracy	accuracy	NOUN
ftr-297	965	27	,	,	PUNCT
ftr-297	965	28	the	the	DET
ftr-297	965	29	drafters	drafter	NOUN
ftr-297	965	30	opted	opt	VERB
ftr-297	965	31	for	for	ADP
ftr-297	965	32	a	a	DET
ftr-297	965	33	laissez	laissez	PROPN
ftr-297	965	34	faire	faire	X
ftr-297	965	35	approach	approach	NOUN
ftr-297	965	36	,	,	PUNCT
ftr-297	965	37	an	an	DET
ftr-297	965	38	optional	optional	ADJ
ftr-297	965	39	election	election	NOUN
ftr-297	965	40	,	,	PUNCT
ftr-297	965	41	for	for	ADP
ftr-297	965	42	resolving	resolve	VERB
ftr-297	965	43	the	the	DET
ftr-297	965	44	problem	problem	NOUN
ftr-297	965	45	.	.	PUNCT
ftr-297	966	1	it	it	PRON
ftr-297	966	2	is	be	AUX
ftr-297	966	3	apparent	apparent	ADJ
ftr-297	966	4	that	that	SCONJ
ftr-297	966	5	the	the	DET
ftr-297	966	6	elective	elective	ADJ
ftr-297	966	7	nature	nature	NOUN
ftr-297	966	8	of	of	ADP
ftr-297	966	9	the	the	DET
ftr-297	966	10	provisions	provision	NOUN
ftr-297	966	11	springs	spring	NOUN
ftr-297	966	12	from	from	ADP
ftr-297	966	13	a	a	DET
ftr-297	966	14	preference	preference	NOUN
ftr-297	966	15	for	for	ADP
ftr-297	966	16	simplicity	simplicity	NOUN
ftr-297	966	17	and	and	CCONJ
ftr-297	966	18	compromise	compromise	NOUN
ftr-297	966	19	and	and	CCONJ
ftr-297	966	20	demonstrates	demonstrate	VERB
ftr-297	966	21	a	a	DET
ftr-297	966	22	general	general	ADJ
ftr-297	966	23	commitment	commitment	NOUN
ftr-297	966	24	to	to	PART
ftr-297	966	25	avoid	avoid	VERB
ftr-297	966	26	complex	complex	ADJ
ftr-297	966	27	or	or	CCONJ
ftr-297	966	28	burdensome	burdensome	ADJ
ftr-297	966	29	solutions	solution	NOUN
ftr-297	966	30	for	for	ADP
ftr-297	966	31	both	both	DET
ftr-297	966	32	taxpayers	taxpayer	NOUN
ftr-297	966	33	and	and	CCONJ
ftr-297	966	34	agents	agent	NOUN
ftr-297	966	35	in	in	ADP
ftr-297	966	36	the	the	DET
ftr-297	966	37	field	field	NOUN
ftr-297	966	38	.	.	PUNCT
ftr-297	967	1	12	12	NUM
ftr-297	967	2	3	3	NUM
ftr-297	967	3	such	such	ADJ
ftr-297	967	4	preference	preference	NOUN
ftr-297	967	5	could	could	AUX
ftr-297	967	6	be	be	AUX
ftr-297	967	7	explained	explain	VERB
ftr-297	967	8	,	,	PUNCT
ftr-297	967	9	at	at	ADP
ftr-297	967	10	least	least	ADJ
ftr-297	967	11	partially	partially	ADV
ftr-297	967	12	,	,	PUNCT
ftr-297	967	13	by	by	ADP
ftr-297	967	14	the	the	DET
ftr-297	967	15	fact	fact	NOUN
ftr-297	967	16	that	that	SCONJ
ftr-297	967	17	the	the	DET
ftr-297	967	18	drafters	drafter	NOUN
ftr-297	967	19	(	(	PUNCT
ftr-297	967	20	1	1	X
ftr-297	967	21	)	)	PUNCT
ftr-297	967	22	were	be	AUX
ftr-297	967	23	not	not	PART
ftr-297	967	24	as	as	ADV
ftr-297	967	25	appreciative	appreciative	ADJ
ftr-297	967	26	as	as	SCONJ
ftr-297	967	27	congress	congress	PROPN
ftr-297	967	28	is	be	AUX
ftr-297	967	29	currently	currently	ADV
ftr-297	967	30	of	of	ADP
ftr-297	967	31	the	the	DET
ftr-297	967	32	timing	timing	NOUN
ftr-297	967	33	issue	issue	NOUN
ftr-297	967	34	and	and	CCONJ
ftr-297	967	35	(	(	PUNCT
ftr-297	967	36	2	2	X
ftr-297	967	37	)	)	PUNCT
ftr-297	967	38	were	be	AUX
ftr-297	967	39	not	not	PART
ftr-297	967	40	confronted	confront	VERB
ftr-297	967	41	regularly	regularly	ADV
ftr-297	967	42	with	with	ADP
ftr-297	967	43	situations	situation	NOUN
ftr-297	967	44	where	where	SCONJ
ftr-297	967	45	partners	partner	NOUN
ftr-297	967	46	had	have	VERB
ftr-297	967	47	different	different	ADJ
ftr-297	967	48	tax	tax	NOUN
ftr-297	967	49	profiles	profile	NOUN
ftr-297	967	50	and	and	CCONJ
ftr-297	967	51	were	be	AUX
ftr-297	967	52	ready	ready	ADJ
ftr-297	967	53	to	to	PART
ftr-297	967	54	exploit	exploit	VERB
ftr-297	967	55	their	their	PRON
ftr-297	967	56	differences	difference	NOUN
ftr-297	967	57	to	to	ADP
ftr-297	967	58	the	the	DET
ftr-297	967	59	detriment	detriment	NOUN
ftr-297	967	60	of	of	ADP
ftr-297	967	61	the	the	DET
ftr-297	967	62	treasury	treasury	NOUN
ftr-297	967	63	.	.	PUNCT
ftr-297	968	1	as	as	SCONJ
ftr-297	968	2	the	the	DET
ftr-297	968	3	tax	tax	NOUN
ftr-297	968	4	sheltering	shelter	VERB
ftr-297	968	5	activity	activity	NOUN
ftr-297	968	6	of	of	ADP
ftr-297	968	7	the	the	DET
ftr-297	968	8	1990s	1990	NOUN
ftr-297	968	9	and	and	CCONJ
ftr-297	968	10	2000s	2000	NOUN
ftr-297	968	11	demonstrated	demonstrate	VERB
ftr-297	968	12	,	,	PUNCT
ftr-297	968	13	the	the	DET
ftr-297	968	14	attitudes	attitude	NOUN
ftr-297	968	15	and	and	CCONJ
ftr-297	968	16	behavior	behavior	NOUN
ftr-297	968	17	of	of	ADP
ftr-297	968	18	taxpayers	taxpayer	NOUN
ftr-297	968	19	shift	shift	VERB
ftr-297	968	20	and	and	CCONJ
ftr-297	968	21	policies	policy	NOUN
ftr-297	968	22	do	do	AUX
ftr-297	968	23	not	not	PART
ftr-297	968	24	have	have	VERB
ftr-297	968	25	immutable	immutable	ADJ
ftr-297	968	26	properties	property	NOUN
ftr-297	968	27	,	,	PUNCT
ftr-297	968	28	regardless	regardless	ADV
ftr-297	968	29	of	of	ADP
ftr-297	968	30	their	their	PRON
ftr-297	968	31	scope	scope	NOUN
ftr-297	968	32	and	and	CCONJ
ftr-297	968	33	desirability	desirability	NOUN
ftr-297	968	34	.	.	PUNCT
ftr-297	969	1	12	12	NUM
ftr-297	969	2	4	4	NUM
ftr-297	969	3	consequently	consequently	ADV
ftr-297	969	4	,	,	PUNCT
ftr-297	969	5	as	as	SCONJ
ftr-297	969	6	the	the	DET
ftr-297	969	7	application	application	NOUN
ftr-297	969	8	of	of	ADP
ftr-297	969	9	competing	compete	VERB
ftr-297	969	10	policies	policy	NOUN
ftr-297	969	11	compromises	compromise	VERB
ftr-297	969	12	the	the	DET
ftr-297	969	13	functionality	functionality	NOUN
ftr-297	969	14	of	of	ADP
ftr-297	969	15	partnership	partnership	NOUN
ftr-297	969	16	taxation	taxation	NOUN
ftr-297	969	17	,	,	PUNCT
ftr-297	969	18	they	they	PRON
ftr-297	969	19	must	must	AUX
ftr-297	969	20	be	be	AUX
ftr-297	969	21	challenged	challenge	VERB
ftr-297	969	22	and	and	CCONJ
ftr-297	969	23	re	re	VERB
ftr-297	969	24	-	-	VERB
ftr-297	969	25	evaluated	evaluated	ADJ
ftr-297	969	26	.	.	PUNCT
ftr-297	970	1	the	the	DET
ftr-297	970	2	treasury	treasury	NOUN
ftr-297	970	3	launched	launch	VERB
ftr-297	970	4	a	a	DET
ftr-297	970	5	subjective	subjective	ADJ
ftr-297	970	6	attack	attack	NOUN
ftr-297	970	7	on	on	ADP
ftr-297	970	8	abusive	abusive	ADJ
ftr-297	970	9	partnership	partnership	NOUN
ftr-297	970	10	transactions	transaction	NOUN
ftr-297	970	11	and	and	CCONJ
ftr-297	970	12	published	publish	VERB
ftr-297	970	13	the	the	DET
ftr-297	970	14	final	final	ADJ
ftr-297	970	15	anti	anti	ADJ
ftr-297	970	16	-	-	ADJ
ftr-297	970	17	abuse	abuse	ADJ
ftr-297	970	18	regulation	regulation	NOUN
ftr-297	970	19	under	under	ADP
ftr-297	970	20	section	section	NOUN
ftr-297	970	21	701	701	NUM
ftr-297	970	22	in	in	ADP
ftr-297	970	23	1995.125	1995.125	NUM
ftr-297	970	24	examples	example	NOUN
ftr-297	970	25	(	(	PUNCT
ftr-297	970	26	10	10	NUM
ftr-297	970	27	)	)	PUNCT
ftr-297	970	28	and	and	CCONJ
ftr-297	970	29	(	(	PUNCT
ftr-297	970	30	11	11	NUM
ftr-297	970	31	)	)	PUNCT
ftr-297	970	32	of	of	ADP
ftr-297	970	33	regulation	regulation	NOUN
ftr-297	970	34	section	section	NOUN
ftr-297	970	35	1.701	1.701	NUM
ftr-297	970	36	-	-	SYM
ftr-297	970	37	2(d	2(d	NUM
ftr-297	970	38	)	)	PUNCT
ftr-297	970	39	recognize	recognize	VERB
ftr-297	970	40	the	the	DET
ftr-297	970	41	potential	potential	ADJ
ftr-297	970	42	abusive	abusive	ADJ
ftr-297	970	43	exploitation	exploitation	NOUN
ftr-297	970	44	of	of	ADP
ftr-297	970	45	the	the	DET
ftr-297	970	46	basis	basis	NOUN
ftr-297	970	47	adjustment	adjustment	NOUN
ftr-297	970	48	122	122	NUM
ftr-297	970	49	.	.	PUNCT
ftr-297	971	1	see	see	VERB
ftr-297	971	2	generally	generally	ADV
ftr-297	971	3	jackson	jackson	PROPN
ftr-297	971	4	et	et	PROPN
ftr-297	971	5	al	al	PROPN
ftr-297	971	6	.	.	PROPN
ftr-297	971	7	,	,	PUNCT
ftr-297	971	8	a	a	DET
ftr-297	971	9	proposed	propose	VERB
ftr-297	971	10	revision	revision	NOUN
ftr-297	971	11	of	of	ADP
ftr-297	971	12	the	the	DET
ftr-297	971	13	federal	federal	ADJ
ftr-297	971	14	income	income	NOUN
ftr-297	971	15	tax	tax	NOUN
ftr-297	971	16	treatment	treatment	NOUN
ftr-297	971	17	of	of	ADP
ftr-297	971	18	partnership	partnership	NOUN
ftr-297	971	19	and	and	CCONJ
ftr-297	971	20	partners	partner	NOUN
ftr-297	971	21	-	-	PUNCT
ftr-297	971	22	american	american	PROPN
ftr-297	971	23	law	law	PROPN
ftr-297	971	24	institute	institute	PROPN
ftr-297	971	25	draft	draft	PROPN
ftr-297	971	26	,	,	PUNCT
ftr-297	971	27	9	9	NUM
ftr-297	971	28	tax	tax	NOUN
ftr-297	971	29	l.	l.	PROPN
ftr-297	971	30	rev	rev	PROPN
ftr-297	971	31	.	.	PROPN
ftr-297	972	1	109	109	NUM
ftr-297	972	2	(	(	PUNCT
ftr-297	972	3	1953	1953	NUM
ftr-297	972	4	)	)	PUNCT
ftr-297	972	5	;	;	PUNCT
ftr-297	972	6	see	see	VERB
ftr-297	972	7	also	also	ADV
ftr-297	972	8	jackson	jackson	PROPN
ftr-297	972	9	et	et	PROPN
ftr-297	972	10	al	al	PROPN
ftr-297	972	11	.	.	PROPN
ftr-297	972	12	,	,	PUNCT
ftr-297	972	13	supra	supra	PROPN
ftr-297	972	14	note	note	PROPN
ftr-297	972	15	17	17	NUM
ftr-297	972	16	.	.	PUNCT
ftr-297	973	1	123	123	NUM
ftr-297	973	2	.	.	PUNCT
ftr-297	974	1	see	see	VERB
ftr-297	974	2	generally	generally	ADV
ftr-297	974	3	,	,	PUNCT
ftr-297	974	4	william	william	PROPN
ftr-297	974	5	s.	s.	PROPN
ftr-297	974	6	mckee	mckee	PROPN
ftr-297	974	7	,	,	PUNCT
ftr-297	974	8	partnership	partnership	NOUN
ftr-297	974	9	allocations	allocation	NOUN
ftr-297	974	10	in	in	ADP
ftr-297	974	11	real	real	ADJ
ftr-297	974	12	estate	estate	NOUN
ftr-297	974	13	ventures	venture	NOUN
ftr-297	974	14	:	:	PUNCT
ftr-297	974	15	crane	crane	NOUN
ftr-297	974	16	,	,	PUNCT
ftr-297	974	17	kresser	kresser	PROPN
ftr-297	974	18	and	and	CCONJ
ftr-297	974	19	orrisch	orrisch	NOUN
ftr-297	974	20	,	,	PUNCT
ftr-297	974	21	30	30	NUM
ftr-297	974	22	tax	tax	NOUN
ftr-297	974	23	l.	l.	PROPN
ftr-297	974	24	rev	rev	PROPN
ftr-297	974	25	.	.	PROPN
ftr-297	974	26	1	1	NUM
ftr-297	974	27	(	(	PUNCT
ftr-297	974	28	1974	1974	NUM
ftr-297	974	29	)	)	PUNCT
ftr-297	974	30	.	.	PUNCT
ftr-297	975	1	124	124	NUM
ftr-297	975	2	.	.	PUNCT
ftr-297	976	1	see	see	VERB
ftr-297	976	2	notices	notice	NOUN
ftr-297	976	3	2002	2002	NUM
ftr-297	976	4	-	-	SYM
ftr-297	976	5	50	50	NUM
ftr-297	976	6	,	,	PUNCT
ftr-297	976	7	2008	2008	NUM
ftr-297	976	8	-	-	SYM
ftr-297	976	9	34	34	NUM
ftr-297	976	10	.	.	PUNCT
ftr-297	976	11	125	125	NUM
ftr-297	976	12	.	.	PUNCT
ftr-297	977	1	reg	reg	NOUN
ftr-297	977	2	.	.	PUNCT
ftr-297	978	1	§	§	PROPN
ftr-297	978	2	1.701	1.701	NUM
ftr-297	978	3	-	-	SYM
ftr-297	978	4	2	2	NUM
ftr-297	978	5	,	,	PUNCT
ftr-297	978	6	t.d	t.d	PROPN
ftr-297	978	7	.	.	PROPN
ftr-297	978	8	8588	8588	NUM
ftr-297	978	9	,	,	PUNCT
ftr-297	978	10	60	60	NUM
ftr-297	978	11	fed	feed	VERB
ftr-297	978	12	.	.	PUNCT
ftr-297	979	1	reg	reg	PROPN
ftr-297	979	2	.	.	PROPN
ftr-297	980	1	23	23	NUM
ftr-297	980	2	(	(	PUNCT
ftr-297	980	3	jan	jan	PROPN
ftr-297	980	4	.	.	PROPN
ftr-297	980	5	3	3	NUM
ftr-297	980	6	,	,	PUNCT
ftr-297	980	7	1995	1995	NUM
ftr-297	980	8	)	)	PUNCT
ftr-297	980	9	.	.	PUNCT
ftr-297	981	1	152	152	NUM
ftr-297	982	1	[	[	X
ftr-297	982	2	vol	vol	NOUN
ftr-297	982	3	.	.	PUNCT
ftr-297	983	1	15:3	15:3	NUM
ftr-297	983	2	optional	optional	ADJ
ftr-297	983	3	basis	basis	NOUN
ftr-297	983	4	adjustments	adjustment	NOUN
ftr-297	983	5	under	under	ADP
ftr-297	983	6	subchapter	subchapter	NOUN
ftr-297	983	7	k	k	PROPN
ftr-297	983	8	provisions	provision	NOUN
ftr-297	983	9	along	along	ADP
ftr-297	983	10	with	with	ADP
ftr-297	983	11	the	the	DET
ftr-297	983	12	treasury	treasury	NOUN
ftr-297	983	13	's	's	PART
ftr-297	983	14	determination	determination	NOUN
ftr-297	983	15	to	to	PART
ftr-297	983	16	curtail	curtail	VERB
ftr-297	983	17	them	they	PRON
ftr-297	983	18	.	.	PUNCT
ftr-297	984	1	in	in	ADP
ftr-297	984	2	addition	addition	NOUN
ftr-297	984	3	to	to	ADP
ftr-297	984	4	the	the	DET
ftr-297	984	5	concern	concern	NOUN
ftr-297	984	6	that	that	SCONJ
ftr-297	984	7	the	the	DET
ftr-297	984	8	anti	anti	ADJ
ftr-297	984	9	-	-	ADJ
ftr-297	984	10	abuse	abuse	ADJ
ftr-297	984	11	regulations	regulation	NOUN
ftr-297	984	12	were	be	AUX
ftr-297	984	13	erroneous	erroneous	ADJ
ftr-297	984	14	with	with	ADP
ftr-297	984	15	regard	regard	NOUN
ftr-297	984	16	to	to	ADP
ftr-297	984	17	the	the	DET
ftr-297	984	18	failure	failure	NOUN
ftr-297	984	19	to	to	PART
ftr-297	984	20	elect	elect	VERB
ftr-297	984	21	under	under	ADP
ftr-297	984	22	section	section	NOUN
ftr-297	984	23	754	754	NUM
ftr-297	984	24	,	,	PUNCT
ftr-297	984	25	the	the	DET
ftr-297	984	26	legislative	legislative	ADJ
ftr-297	984	27	change	change	NOUN
ftr-297	984	28	imposing	impose	VERB
ftr-297	984	29	mandatory	mandatory	ADJ
ftr-297	984	30	basis	basis	NOUN
ftr-297	984	31	adjustment	adjustment	NOUN
ftr-297	984	32	provisions	provision	NOUN
ftr-297	984	33	demonstrates	demonstrate	VERB
ftr-297	984	34	that	that	SCONJ
ftr-297	984	35	congress	congress	PROPN
ftr-297	984	36	has	have	AUX
ftr-297	984	37	grown	grow	VERB
ftr-297	984	38	increasingly	increasingly	ADV
ftr-297	984	39	dissatisfied	dissatisfied	ADJ
ftr-297	984	40	with	with	ADP
ftr-297	984	41	the	the	DET
ftr-297	984	42	operation	operation	NOUN
ftr-297	984	43	of	of	ADP
ftr-297	984	44	the	the	DET
ftr-297	984	45	basis	basis	NOUN
ftr-297	984	46	adjustment	adjustment	NOUN
ftr-297	984	47	provisions	provision	NOUN
ftr-297	984	48	and	and	CCONJ
ftr-297	984	49	sought	seek	VERB
ftr-297	984	50	sound	sound	NOUN
ftr-297	984	51	tax	tax	NOUN
ftr-297	984	52	policy	policy	NOUN
ftr-297	984	53	results	result	NOUN
ftr-297	984	54	.	.	PUNCT
ftr-297	985	1	the	the	DET
ftr-297	985	2	senate	senate	PROPN
ftr-297	985	3	's	's	PART
ftr-297	985	4	version	version	NOUN
ftr-297	985	5	of	of	ADP
ftr-297	985	6	the	the	DET
ftr-297	985	7	2004	2004	NUM
ftr-297	985	8	amendments	amendment	NOUN
ftr-297	985	9	regarded	regard	VERB
ftr-297	985	10	the	the	DET
ftr-297	985	11	electivity	electivity	NOUN
ftr-297	985	12	of	of	ADP
ftr-297	985	13	the	the	DET
ftr-297	985	14	basis	basis	NOUN
ftr-297	985	15	adjustments	adjustment	NOUN
ftr-297	985	16	rules	rule	VERB
ftr-297	985	17	as	as	ADP
ftr-297	985	18	"	"	PUNCT
ftr-297	985	19	anachronistic	anachronistic	ADJ
ftr-297	985	20	"	"	PUNCT
ftr-297	985	21	and	and	CCONJ
ftr-297	985	22	rejected	reject	VERB
ftr-297	985	23	them	they	PRON
ftr-297	985	24	almost	almost	ADV
ftr-297	985	25	in	in	ADP
ftr-297	985	26	their	their	PRON
ftr-297	985	27	entirety	entirety	NOUN
ftr-297	985	28	.	.	PUNCT
ftr-297	986	1	it	it	PRON
ftr-297	986	2	proposed	propose	VERB
ftr-297	986	3	mandatory	mandatory	ADJ
ftr-297	986	4	basis	basis	NOUN
ftr-297	986	5	adjustments	adjustment	NOUN
ftr-297	986	6	in	in	ADP
ftr-297	986	7	both	both	PRON
ftr-297	986	8	"	"	PUNCT
ftr-297	986	9	gain	gain	NOUN
ftr-297	986	10	or	or	CCONJ
ftr-297	986	11	loss	loss	NOUN
ftr-297	986	12	situations	situation	NOUN
ftr-297	986	13	,	,	PUNCT
ftr-297	986	14	"	"	PUNCT
ftr-297	986	15	except	except	SCONJ
ftr-297	986	16	for	for	ADP
ftr-297	986	17	transfers	transfer	NOUN
ftr-297	986	18	of	of	ADP
ftr-297	986	19	a	a	DET
ftr-297	986	20	partnership	partnership	NOUN
ftr-297	986	21	interest	interest	NOUN
ftr-297	986	22	by	by	ADP
ftr-297	986	23	reason	reason	NOUN
ftr-297	986	24	of	of	ADP
ftr-297	986	25	death	death	NOUN
ftr-297	986	26	,	,	PUNCT
ftr-297	986	27	"	"	PUNCT
ftr-297	986	28	which	which	PRON
ftr-297	986	29	may	may	AUX
ftr-297	986	30	involve	involve	VERB
ftr-297	986	31	unsophisticated	unsophisticated	ADJ
ftr-297	986	32	taxpayers	taxpayer	NOUN
ftr-297	986	33	.	.	PUNCT
ftr-297	987	1	"1	"1	NOUN
ftr-297	987	2	2	2	NUM
ftr-297	987	3	6	6	NUM
ftr-297	987	4	although	although	SCONJ
ftr-297	987	5	the	the	DET
ftr-297	987	6	senate	senate	PROPN
ftr-297	987	7	's	's	PART
ftr-297	987	8	2004	2004	NUM
ftr-297	987	9	proposal	proposal	NOUN
ftr-297	987	10	for	for	ADP
ftr-297	987	11	mandatory	mandatory	ADJ
ftr-297	987	12	basis	basis	NOUN
ftr-297	987	13	adjustments	adjustment	NOUN
ftr-297	987	14	was	be	AUX
ftr-297	987	15	regarded	regard	VERB
ftr-297	987	16	by	by	ADP
ftr-297	987	17	its	its	PRON
ftr-297	987	18	opponents	opponent	NOUN
ftr-297	987	19	as	as	ADP
ftr-297	987	20	"	"	PUNCT
ftr-297	987	21	misguided	misguided	ADJ
ftr-297	987	22	"	"	PUNCT
ftr-297	987	23	and	and	CCONJ
ftr-297	987	24	"	"	PUNCT
ftr-297	987	25	overbroad"l	overbroad"l	NOUN
ftr-297	987	26	2	2	NUM
ftr-297	987	27	7	7	NUM
ftr-297	987	28	and	and	CCONJ
ftr-297	987	29	received	receive	VERB
ftr-297	987	30	only	only	ADJ
ftr-297	987	31	partial	partial	ADJ
ftr-297	987	32	recognition	recognition	NOUN
ftr-297	987	33	,	,	PUNCT
ftr-297	987	34	it	it	PRON
ftr-297	987	35	highlighted	highlight	VERB
ftr-297	987	36	the	the	DET
ftr-297	987	37	awareness	awareness	NOUN
ftr-297	987	38	of	of	ADP
ftr-297	987	39	a	a	DET
ftr-297	987	40	conceptual	conceptual	ADJ
ftr-297	987	41	truth	truth	NOUN
ftr-297	987	42	of	of	ADP
ftr-297	987	43	partnership	partnership	NOUN
ftr-297	987	44	taxation	taxation	NOUN
ftr-297	987	45	-	-	PUNCT
ftr-297	987	46	namely	namely	ADV
ftr-297	987	47	that	that	SCONJ
ftr-297	987	48	the	the	DET
ftr-297	987	49	aggregate	aggregate	ADJ
ftr-297	987	50	basis	basis	NOUN
ftr-297	987	51	of	of	ADP
ftr-297	987	52	a	a	DET
ftr-297	987	53	partnership	partnership	NOUN
ftr-297	987	54	's	's	PART
ftr-297	987	55	assets	asset	NOUN
ftr-297	987	56	should	should	AUX
ftr-297	987	57	equal	equal	VERB
ftr-297	987	58	the	the	DET
ftr-297	987	59	aggregate	aggregate	ADJ
ftr-297	987	60	basis	basis	NOUN
ftr-297	987	61	of	of	ADP
ftr-297	987	62	its	its	PRON
ftr-297	987	63	partners	partner	NOUN
ftr-297	987	64	'	'	PART
ftr-297	987	65	interests	interest	NOUN
ftr-297	987	66	in	in	ADP
ftr-297	987	67	the	the	DET
ftr-297	987	68	partnership	partnership	NOUN
ftr-297	987	69	.	.	PUNCT
ftr-297	988	1	this	this	DET
ftr-297	988	2	congruence	congruence	NOUN
ftr-297	988	3	of	of	ADP
ftr-297	988	4	bases	basis	NOUN
ftr-297	988	5	ensures	ensure	VERB
ftr-297	988	6	that	that	SCONJ
ftr-297	988	7	each	each	DET
ftr-297	988	8	partner	partner	NOUN
ftr-297	988	9	recognizes	recognize	VERB
ftr-297	988	10	income	income	NOUN
ftr-297	988	11	or	or	CCONJ
ftr-297	988	12	loss	loss	NOUN
ftr-297	988	13	attributable	attributable	ADJ
ftr-297	988	14	to	to	ADP
ftr-297	988	15	his	his	PRON
ftr-297	988	16	partnership	partnership	NOUN
ftr-297	988	17	interest	interest	NOUN
ftr-297	988	18	only	only	ADV
ftr-297	988	19	once	once	ADV
ftr-297	988	20	.	.	PUNCT
ftr-297	989	1	ample	ample	ADJ
ftr-297	989	2	scholarly	scholarly	ADJ
ftr-297	989	3	arguments	argument	NOUN
ftr-297	989	4	have	have	AUX
ftr-297	989	5	been	be	AUX
ftr-297	989	6	raised	raise	VERB
ftr-297	989	7	to	to	PART
ftr-297	989	8	support	support	VERB
ftr-297	989	9	the	the	DET
ftr-297	989	10	necessity	necessity	NOUN
ftr-297	989	11	of	of	ADP
ftr-297	989	12	inside	inside	ADP
ftr-297	989	13	and	and	CCONJ
ftr-297	989	14	outside	outside	ADJ
ftr-297	989	15	basis	basis	NOUN
ftr-297	989	16	equality	equality	NOUN
ftr-297	989	17	in	in	ADP
ftr-297	989	18	the	the	DET
ftr-297	989	19	face	face	NOUN
ftr-297	989	20	of	of	ADP
ftr-297	989	21	taxpayers	taxpayer	NOUN
ftr-297	989	22	'	'	PART
ftr-297	989	23	astute	astute	ADJ
ftr-297	989	24	exploitation	exploitation	NOUN
ftr-297	989	25	of	of	ADP
ftr-297	989	26	the	the	DET
ftr-297	989	27	difference	difference	NOUN
ftr-297	989	28	.	.	PUNCT
ftr-297	990	1	some	some	PRON
ftr-297	990	2	propose	propose	VERB
ftr-297	990	3	the	the	DET
ftr-297	990	4	mandatory	mandatory	ADJ
ftr-297	990	5	application	application	NOUN
ftr-297	990	6	of	of	ADP
ftr-297	990	7	section	section	NOUN
ftr-297	990	8	734(b).128	734(b).128	NUM
ftr-297	990	9	almost	almost	ADV
ftr-297	990	10	30	30	NUM
ftr-297	990	11	years	year	NOUN
ftr-297	990	12	ago	ago	ADV
ftr-297	990	13	,	,	PUNCT
ftr-297	990	14	a	a	DET
ftr-297	990	15	commentator	commentator	NOUN
ftr-297	990	16	,	,	PUNCT
ftr-297	990	17	in	in	ADP
ftr-297	990	18	a	a	DET
ftr-297	990	19	critical	critical	ADJ
ftr-297	990	20	assessment	assessment	NOUN
ftr-297	990	21	of	of	ADP
ftr-297	990	22	the	the	DET
ftr-297	990	23	1984	1984	NUM
ftr-297	990	24	american	american	PROPN
ftr-297	990	25	law	law	PROPN
ftr-297	990	26	institute	institute	PROPN
ftr-297	990	27	six	six	NUM
ftr-297	990	28	-	-	PUNCT
ftr-297	990	29	year	year	NOUN
ftr-297	990	30	study	study	NOUN
ftr-297	990	31	of	of	ADP
ftr-297	990	32	the	the	DET
ftr-297	990	33	taxation	taxation	NOUN
ftr-297	990	34	126	126	NUM
ftr-297	990	35	.	.	PUNCT
ftr-297	991	1	s.	s.	PROPN
ftr-297	991	2	rep	rep	PROPN
ftr-297	991	3	.	.	PROPN
ftr-297	991	4	no	no	PROPN
ftr-297	991	5	.	.	NOUN
ftr-297	992	1	108	108	NUM
ftr-297	992	2	-	-	SYM
ftr-297	992	3	192	192	NUM
ftr-297	992	4	,	,	PUNCT
ftr-297	992	5	at	at	ADP
ftr-297	992	6	190	190	NUM
ftr-297	992	7	(	(	PUNCT
ftr-297	992	8	2004	2004	NUM
ftr-297	992	9	)	)	PUNCT
ftr-297	993	1	.	.	PUNCT
ftr-297	994	1	the	the	DET
ftr-297	994	2	senate	senate	PROPN
ftr-297	994	3	also	also	ADV
ftr-297	994	4	proposed	propose	VERB
ftr-297	994	5	the	the	DET
ftr-297	994	6	repeal	repeal	NOUN
ftr-297	994	7	of	of	ADP
ftr-297	994	8	section	section	NOUN
ftr-297	994	9	732(d	732(d	PROPN
ftr-297	994	10	)	)	PUNCT
ftr-297	994	11	.	.	PUNCT
ftr-297	995	1	127	127	NUM
ftr-297	995	2	.	.	PUNCT
ftr-297	996	1	see	see	VERB
ftr-297	996	2	monte	monte	PROPN
ftr-297	996	3	a.	a.	PROPN
ftr-297	996	4	jackel	jackel	PROPN
ftr-297	996	5	&	&	CCONJ
ftr-297	996	6	robert	robert	PROPN
ftr-297	996	7	g.	g.	PROPN
ftr-297	996	8	honigman	honigman	PROPN
ftr-297	996	9	,	,	PUNCT
ftr-297	996	10	the	the	DET
ftr-297	996	11	proposed	propose	VERB
ftr-297	996	12	abusive	abusive	ADJ
ftr-297	996	13	tax	tax	NOUN
ftr-297	996	14	shelter	shelter	NOUN
ftr-297	996	15	shutdown	shutdown	NOUN
ftr-297	996	16	act	act	NOUN
ftr-297	996	17	of	of	ADP
ftr-297	996	18	2001	2001	NUM
ftr-297	996	19	:	:	PUNCT
ftr-297	996	20	the	the	DET
ftr-297	996	21	mandatory	mandatory	ADJ
ftr-297	996	22	code	code	NOUN
ftr-297	996	23	secs	sec	NOUN
ftr-297	996	24	.	.	PUNCT
ftr-297	997	1	743	743	NUM
ftr-297	997	2	and	and	CCONJ
ftr-297	997	3	734	734	NUM
ftr-297	997	4	adjustment	adjustment	NOUN
ftr-297	997	5	provisions	provision	NOUN
ftr-297	997	6	are	be	AUX
ftr-297	997	7	misguided	misguided	ADJ
ftr-297	997	8	,	,	PUNCT
ftr-297	997	9	overbroad	overbroad	NOUN
ftr-297	997	10	and	and	CCONJ
ftr-297	997	11	just	just	ADV
ftr-297	997	12	plain	plain	ADJ
ftr-297	997	13	poor	poor	ADJ
ftr-297	997	14	tax	tax	NOUN
ftr-297	997	15	policy	policy	NOUN
ftr-297	997	16	,	,	PUNCT
ftr-297	997	17	4	4	NUM
ftr-297	997	18	j.	j.	PROPN
ftr-297	997	19	passthrough	passthrough	PROPN
ftr-297	997	20	entities	entity	NOUN
ftr-297	997	21	5	5	NUM
ftr-297	997	22	,	,	PUNCT
ftr-297	997	23	9	9	NUM
ftr-297	997	24	(	(	PUNCT
ftr-297	997	25	2001	2001	NUM
ftr-297	997	26	)	)	PUNCT
ftr-297	997	27	(	(	PUNCT
ftr-297	997	28	arguing	argue	VERB
ftr-297	997	29	that	that	SCONJ
ftr-297	997	30	the	the	DET
ftr-297	997	31	section	section	NOUN
ftr-297	997	32	701	701	NUM
ftr-297	997	33	anti	anti	ADJ
ftr-297	997	34	-	-	ADJ
ftr-297	997	35	abuse	abuse	ADJ
ftr-297	997	36	regulations	regulation	NOUN
ftr-297	997	37	offered	offer	VERB
ftr-297	997	38	a	a	DET
ftr-297	997	39	satisfactory	satisfactory	ADJ
ftr-297	997	40	method	method	NOUN
ftr-297	997	41	in	in	ADP
ftr-297	997	42	dealing	deal	VERB
ftr-297	997	43	with	with	ADP
ftr-297	997	44	partnership	partnership	NOUN
ftr-297	997	45	transactions	transaction	NOUN
ftr-297	997	46	inconsistent	inconsistent	ADJ
ftr-297	997	47	with	with	ADP
ftr-297	997	48	the	the	DET
ftr-297	997	49	intent	intent	NOUN
ftr-297	997	50	of	of	ADP
ftr-297	997	51	subchapter	subchapter	NOUN
ftr-297	997	52	k	k	PROPN
ftr-297	997	53	,	,	PUNCT
ftr-297	997	54	including	include	VERB
ftr-297	997	55	the	the	DET
ftr-297	997	56	shifting	shifting	NOUN
ftr-297	997	57	of	of	ADP
ftr-297	997	58	loss	loss	NOUN
ftr-297	997	59	or	or	CCONJ
ftr-297	997	60	gain	gain	VERB
ftr-297	997	61	through	through	ADP
ftr-297	997	62	inside	inside	ADJ
ftr-297	997	63	-	-	PUNCT
ftr-297	997	64	outside	outside	ADJ
ftr-297	997	65	basis	basis	NOUN
ftr-297	997	66	manipulation	manipulation	NOUN
ftr-297	997	67	)	)	PUNCT
ftr-297	997	68	.	.	PUNCT
ftr-297	998	1	128	128	X
ftr-297	998	2	.	.	PUNCT
ftr-297	999	1	see	see	VERB
ftr-297	999	2	generally	generally	ADV
ftr-297	999	3	william	william	PROPN
ftr-297	999	4	d.	d.	PROPN
ftr-297	999	5	andrews	andrews	PROPN
ftr-297	999	6	,	,	PUNCT
ftr-297	999	7	colloquium	colloquium	NOUN
ftr-297	999	8	on	on	ADP
ftr-297	999	9	partnership	partnership	NOUN
ftr-297	999	10	taxation	taxation	NOUN
ftr-297	999	11	:	:	PUNCT
ftr-297	999	12	inside	inside	ADP
ftr-297	999	13	basis	basis	NOUN
ftr-297	999	14	adjustments	adjustment	NOUN
ftr-297	999	15	and	and	CCONJ
ftr-297	999	16	hot	hot	ADJ
ftr-297	999	17	asset	asset	NOUN
ftr-297	999	18	exchanges	exchange	NOUN
ftr-297	999	19	in	in	ADP
ftr-297	999	20	partnership	partnership	NOUN
ftr-297	999	21	distributions	distribution	NOUN
ftr-297	999	22	,	,	PUNCT
ftr-297	999	23	47	47	NUM
ftr-297	999	24	tax	tax	NOUN
ftr-297	999	25	l.	l.	PROPN
ftr-297	999	26	rev	rev	PROPN
ftr-297	999	27	.	.	PROPN
ftr-297	999	28	3	3	NUM
ftr-297	999	29	,	,	PUNCT
ftr-297	999	30	8	8	NUM
ftr-297	999	31	(	(	PUNCT
ftr-297	999	32	1991	1991	NUM
ftr-297	999	33	)	)	PUNCT
ftr-297	999	34	.	.	PUNCT
ftr-297	1000	1	professor	professor	PROPN
ftr-297	1000	2	andrews	andrews	PROPN
ftr-297	1000	3	stressed	stress	VERB
ftr-297	1000	4	the	the	DET
ftr-297	1000	5	"	"	PUNCT
ftr-297	1000	6	urgent	urgent	ADJ
ftr-297	1000	7	need	need	NOUN
ftr-297	1000	8	to	to	PART
ftr-297	1000	9	make	make	VERB
ftr-297	1000	10	[	[	X
ftr-297	1000	11	§	§	PROPN
ftr-297	1000	12	734(b	734(b	PROPN
ftr-297	1000	13	)	)	PUNCT
ftr-297	1000	14	]	]	PUNCT
ftr-297	1001	1	mandatory	mandatory	ADJ
ftr-297	1001	2	[	[	X
ftr-297	1001	3	at	at	ADP
ftr-297	1001	4	least	least	ADJ
ftr-297	1001	5	for	for	ADP
ftr-297	1001	6	in	in	ADP
ftr-297	1001	7	-	-	PUNCT
ftr-297	1001	8	kind	kind	NOUN
ftr-297	1001	9	distributions	distribution	NOUN
ftr-297	1001	10	]	]	PUNCT
ftr-297	1001	11	because	because	SCONJ
ftr-297	1001	12	the	the	DET
ftr-297	1001	13	failure	failure	NOUN
ftr-297	1001	14	to	to	PART
ftr-297	1001	15	adjust	adjust	VERB
ftr-297	1001	16	is	be	AUX
ftr-297	1001	17	much	much	ADV
ftr-297	1001	18	more	more	ADJ
ftr-297	1001	19	subject	subject	ADJ
ftr-297	1001	20	to	to	ADP
ftr-297	1001	21	systematic	systematic	ADJ
ftr-297	1001	22	exploitation	exploitation	NOUN
ftr-297	1001	23	than	than	ADP
ftr-297	1001	24	in	in	ADP
ftr-297	1001	25	the	the	DET
ftr-297	1001	26	cases	case	NOUN
ftr-297	1001	27	of	of	ADP
ftr-297	1001	28	transfers	transfer	NOUN
ftr-297	1001	29	and	and	CCONJ
ftr-297	1001	30	cash	cash	NOUN
ftr-297	1001	31	distributions	distribution	NOUN
ftr-297	1001	32	.	.	PUNCT
ftr-297	1001	33	"	"	PUNCT
ftr-297	1002	1	see	see	VERB
ftr-297	1002	2	also	also	ADV
ftr-297	1002	3	noel	noel	PROPN
ftr-297	1002	4	b.	b.	PROPN
ftr-297	1002	5	cunningham	cunningham	PROPN
ftr-297	1002	6	,	,	PUNCT
ftr-297	1002	7	"	"	PUNCT
ftr-297	1002	8	needed	need	VERB
ftr-297	1002	9	reform	reform	NOUN
ftr-297	1002	10	:	:	PUNCT
ftr-297	1002	11	tending	tend	VERB
ftr-297	1002	12	the	the	DET
ftr-297	1002	13	sick	sick	ADJ
ftr-297	1002	14	rose	rise	VERB
ftr-297	1002	15	,	,	PUNCT
ftr-297	1002	16	"	"	PUNCT
ftr-297	1002	17	47	47	NUM
ftr-297	1002	18	tax	tax	NOUN
ftr-297	1002	19	l.	l.	PROPN
ftr-297	1002	20	rev	rev	PROPN
ftr-297	1002	21	.	.	PROPN
ftr-297	1003	1	77	77	NUM
ftr-297	1003	2	(	(	PUNCT
ftr-297	1003	3	1991	1991	NUM
ftr-297	1003	4	)	)	PUNCT
ftr-297	1003	5	.	.	PUNCT
ftr-297	1004	1	professor	professor	PROPN
ftr-297	1004	2	cunningham	cunningham	PROPN
ftr-297	1004	3	endorsed	endorse	VERB
ftr-297	1004	4	the	the	DET
ftr-297	1004	5	proposal	proposal	NOUN
ftr-297	1004	6	emphasizing	emphasize	VERB
ftr-297	1004	7	that	that	SCONJ
ftr-297	1004	8	"	"	PUNCT
ftr-297	1004	9	many	many	ADJ
ftr-297	1004	10	of	of	ADP
ftr-297	1004	11	the	the	DET
ftr-297	1004	12	rules	rule	NOUN
ftr-297	1004	13	of	of	ADP
ftr-297	1004	14	subchapter	subchapter	NOUN
ftr-297	1004	15	k	k	PROPN
ftr-297	1004	16	are	be	AUX
ftr-297	1004	17	designed	design	VERB
ftr-297	1004	18	to	to	PART
ftr-297	1004	19	preserve	preserve	VERB
ftr-297	1004	20	[	[	X
ftr-297	1004	21	the	the	DET
ftr-297	1004	22	]	]	X
ftr-297	1004	23	equality	equality	NOUN
ftr-297	1004	24	"	"	PUNCT
ftr-297	1004	25	between	between	ADP
ftr-297	1004	26	the	the	DET
ftr-297	1004	27	partnership	partnership	NOUN
ftr-297	1004	28	's	's	PART
ftr-297	1004	29	aggregate	aggregate	ADJ
ftr-297	1004	30	inside	inside	ADJ
ftr-297	1004	31	basis	basis	NOUN
ftr-297	1004	32	and	and	CCONJ
ftr-297	1004	33	the	the	DET
ftr-297	1004	34	partners	partner	NOUN
ftr-297	1004	35	'	'	PART
ftr-297	1004	36	aggregate	aggregate	ADJ
ftr-297	1004	37	outside	outside	ADJ
ftr-297	1004	38	basis	basis	NOUN
ftr-297	1004	39	.	.	PUNCT
ftr-297	1005	1	2014	2014	NUM
ftr-297	1005	2	]	]	PUNCT
ftr-297	1005	3	153	153	NUM
ftr-297	1005	4	florida	florida	PROPN
ftr-297	1005	5	tax	tax	NOUN
ftr-297	1005	6	review	review	NOUN
ftr-297	1005	7	of	of	ADP
ftr-297	1005	8	partners	partner	NOUN
ftr-297	1005	9	and	and	CCONJ
ftr-297	1005	10	partnerships	partnership	NOUN
ftr-297	1005	11	,	,	PUNCT
ftr-297	1005	12	12	12	NUM
ftr-297	1005	13	9	9	NUM
ftr-297	1005	14	advocated	advocate	VERB
ftr-297	1005	15	the	the	DET
ftr-297	1005	16	mandatory	mandatory	ADJ
ftr-297	1005	17	application	application	NOUN
ftr-297	1005	18	of	of	ADP
ftr-297	1005	19	both	both	DET
ftr-297	1005	20	section	section	NOUN
ftr-297	1005	21	734(b	734(b	PROPN
ftr-297	1005	22	)	)	PUNCT
ftr-297	1005	23	and	and	CCONJ
ftr-297	1005	24	section	section	NOUN
ftr-297	1005	25	743(b	743(b	PROPN
ftr-297	1005	26	)	)	PUNCT
ftr-297	1005	27	.	.	PUNCT
ftr-297	1006	1	13	13	NUM
ftr-297	1006	2	0	0	NUM
ftr-297	1006	3	responding	respond	VERB
ftr-297	1006	4	to	to	ADP
ftr-297	1006	5	the	the	DET
ftr-297	1006	6	ali	ali	PROPN
ftr-297	1006	7	study	study	PROPN
ftr-297	1006	8	,	,	PUNCT
ftr-297	1006	9	the	the	DET
ftr-297	1006	10	commentator	commentator	NOUN
ftr-297	1006	11	proposed	propose	VERB
ftr-297	1006	12	that	that	SCONJ
ftr-297	1006	13	(	(	PUNCT
ftr-297	1006	14	1	1	X
ftr-297	1006	15	)	)	PUNCT
ftr-297	1006	16	following	follow	VERB
ftr-297	1006	17	"	"	PUNCT
ftr-297	1006	18	the	the	DET
ftr-297	1006	19	transfer	transfer	NOUN
ftr-297	1006	20	of	of	ADP
ftr-297	1006	21	a	a	DET
ftr-297	1006	22	partnership	partnership	NOUN
ftr-297	1006	23	interest	interest	NOUN
ftr-297	1006	24	by	by	ADP
ftr-297	1006	25	sale	sale	NOUN
ftr-297	1006	26	or	or	CCONJ
ftr-297	1006	27	death	death	NOUN
ftr-297	1006	28	,	,	PUNCT
ftr-297	1006	29	the	the	DET
ftr-297	1006	30	transferee	transferee	NOUN
ftr-297	1006	31	's	's	PART
ftr-297	1006	32	share	share	NOUN
ftr-297	1006	33	of	of	ADP
ftr-297	1006	34	the	the	DET
ftr-297	1006	35	partnership	partnership	NOUN
ftr-297	1006	36	basis	basis	NOUN
ftr-297	1006	37	for	for	ADP
ftr-297	1006	38	its	its	PRON
ftr-297	1006	39	assets	asset	NOUN
ftr-297	1006	40	[	[	X
ftr-297	1006	41	should	should	AUX
ftr-297	1006	42	]	]	PART
ftr-297	1006	43	equal	equal	VERB
ftr-297	1006	44	the	the	DET
ftr-297	1006	45	adjusted	adjusted	ADJ
ftr-297	1006	46	basis	basis	NOUN
ftr-297	1006	47	of	of	ADP
ftr-297	1006	48	his	his	PRON
ftr-297	1006	49	partnership	partnership	NOUN
ftr-297	1006	50	interest	interest	NOUN
ftr-297	1006	51	,	,	PUNCT
ftr-297	1006	52	with	with	ADP
ftr-297	1006	53	resulting	result	VERB
ftr-297	1006	54	adjustments	adjustment	NOUN
ftr-297	1006	55	made	make	VERB
ftr-297	1006	56	in	in	ADP
ftr-297	1006	57	accordance	accordance	NOUN
ftr-297	1006	58	with	with	ADP
ftr-297	1006	59	the	the	DET
ftr-297	1006	60	assets	asset	NOUN
ftr-297	1006	61	'	'	PART
ftr-297	1006	62	fair	fair	ADJ
ftr-297	1006	63	market	market	NOUN
ftr-297	1006	64	values	value	NOUN
ftr-297	1006	65	"	"	PUNCT
ftr-297	1006	66	and	and	CCONJ
ftr-297	1006	67	that	that	SCONJ
ftr-297	1006	68	(	(	PUNCT
ftr-297	1006	69	2	2	X
ftr-297	1006	70	)	)	PUNCT
ftr-297	1006	71	following	follow	VERB
ftr-297	1006	72	distributions	distribution	NOUN
ftr-297	1006	73	in	in	ADP
ftr-297	1006	74	complete	complete	ADJ
ftr-297	1006	75	or	or	CCONJ
ftr-297	1006	76	partial	partial	ADJ
ftr-297	1006	77	liquidation	liquidation	NOUN
ftr-297	1006	78	,	,	PUNCT
ftr-297	1006	79	the	the	DET
ftr-297	1006	80	"	"	PUNCT
ftr-297	1006	81	partnership	partnership	NOUN
ftr-297	1006	82	[	[	X
ftr-297	1006	83	should	should	AUX
ftr-297	1006	84	be	be	AUX
ftr-297	1006	85	required	require	VERB
ftr-297	1006	86	]	]	PUNCT
ftr-297	1006	87	to	to	PART
ftr-297	1006	88	adjust	adjust	VERB
ftr-297	1006	89	its	its	PRON
ftr-297	1006	90	basis	basis	NOUN
ftr-297	1006	91	for	for	ADP
ftr-297	1006	92	assets	asset	NOUN
ftr-297	1006	93	relinquished	relinquish	VERB
ftr-297	1006	94	by	by	ADP
ftr-297	1006	95	the	the	DET
ftr-297	1006	96	distributee	distributee	NOUN
ftr-297	1006	97	to	to	PART
ftr-297	1006	98	reflect	reflect	VERB
ftr-297	1006	99	their	their	PRON
ftr-297	1006	100	'	'	PUNCT
ftr-297	1006	101	cost	cost	NOUN
ftr-297	1006	102	'	'	PUNCT
ftr-297	1006	103	to	to	ADP
ftr-297	1006	104	the	the	DET
ftr-297	1006	105	partnership	partnership	NOUN
ftr-297	1006	106	.	.	PUNCT
ftr-297	1007	1	"l	"l	PROPN
ftr-297	1008	1	3	3	NUM
ftr-297	1008	2	'	'	PUNCT
ftr-297	1008	3	the	the	DET
ftr-297	1008	4	major	major	ADJ
ftr-297	1008	5	arguments	argument	NOUN
ftr-297	1008	6	supporting	support	VERB
ftr-297	1008	7	mandatory	mandatory	ADJ
ftr-297	1008	8	basis	basis	NOUN
ftr-297	1008	9	adjustments	adjustment	NOUN
ftr-297	1008	10	are	be	AUX
ftr-297	1008	11	that	that	SCONJ
ftr-297	1008	12	these	these	DET
ftr-297	1008	13	rules	rule	NOUN
ftr-297	1008	14	:	:	PUNCT
ftr-297	1008	15	(	(	PUNCT
ftr-297	1008	16	1	1	X
ftr-297	1008	17	)	)	PUNCT
ftr-297	1008	18	would	would	AUX
ftr-297	1008	19	protect	protect	VERB
ftr-297	1008	20	the	the	DET
ftr-297	1008	21	purchaser	purchaser	NOUN
ftr-297	1008	22	from	from	ADP
ftr-297	1008	23	recognizing	recognize	VERB
ftr-297	1008	24	gains	gain	NOUN
ftr-297	1008	25	attributable	attributable	ADJ
ftr-297	1008	26	to	to	ADP
ftr-297	1008	27	pre	pre	ADJ
ftr-297	1008	28	-	-	ADJ
ftr-297	1008	29	entry	entry	ADJ
ftr-297	1008	30	appreciation	appreciation	NOUN
ftr-297	1008	31	and	and	CCONJ
ftr-297	1008	32	prevent	prevent	VERB
ftr-297	1008	33	the	the	DET
ftr-297	1008	34	recognition	recognition	NOUN
ftr-297	1008	35	of	of	ADP
ftr-297	1008	36	pre	pre	ADJ
ftr-297	1008	37	-	-	ADJ
ftr-297	1008	38	entry	entry	ADJ
ftr-297	1008	39	losses	loss	NOUN
ftr-297	1008	40	,	,	PUNCT
ftr-297	1008	41	(	(	PUNCT
ftr-297	1008	42	2	2	X
ftr-297	1008	43	)	)	PUNCT
ftr-297	1008	44	would	would	AUX
ftr-297	1008	45	prevent	prevent	VERB
ftr-297	1008	46	the	the	DET
ftr-297	1008	47	partnership	partnership	NOUN
ftr-297	1008	48	from	from	ADP
ftr-297	1008	49	exploiting	exploit	VERB
ftr-297	1008	50	the	the	DET
ftr-297	1008	51	electivity	electivity	NOUN
ftr-297	1008	52	of	of	ADP
ftr-297	1008	53	basis	basis	NOUN
ftr-297	1008	54	adjustment	adjustment	NOUN
ftr-297	1008	55	provisions	provision	NOUN
ftr-297	1008	56	for	for	ADP
ftr-297	1008	57	the	the	DET
ftr-297	1008	58	sole	sole	ADJ
ftr-297	1008	59	purpose	purpose	NOUN
ftr-297	1008	60	of	of	ADP
ftr-297	1008	61	achieving	achieve	VERB
ftr-297	1008	62	favorable	favorable	ADJ
ftr-297	1008	63	tax	tax	NOUN
ftr-297	1008	64	results	result	NOUN
ftr-297	1008	65	,	,	PUNCT
ftr-297	1008	66	(	(	PUNCT
ftr-297	1008	67	3	3	X
ftr-297	1008	68	)	)	PUNCT
ftr-297	1008	69	would	would	AUX
ftr-297	1008	70	assure	assure	VERB
ftr-297	1008	71	horizontal	horizontal	ADJ
ftr-297	1008	72	and	and	CCONJ
ftr-297	1008	73	vertical	vertical	ADJ
ftr-297	1008	74	equity	equity	NOUN
ftr-297	1008	75	through	through	ADP
ftr-297	1008	76	the	the	DET
ftr-297	1008	77	uniform	uniform	ADJ
ftr-297	1008	78	treatment	treatment	NOUN
ftr-297	1008	79	of	of	ADP
ftr-297	1008	80	all	all	DET
ftr-297	1008	81	partners	partner	NOUN
ftr-297	1008	82	,	,	PUNCT
ftr-297	1008	83	regardless	regardless	ADV
ftr-297	1008	84	of	of	ADP
ftr-297	1008	85	their	their	PRON
ftr-297	1008	86	interest	interest	NOUN
ftr-297	1008	87	in	in	ADP
ftr-297	1008	88	the	the	DET
ftr-297	1008	89	partnership	partnership	NOUN
ftr-297	1008	90	,	,	PUNCT
ftr-297	1008	91	(	(	PUNCT
ftr-297	1008	92	4	4	X
ftr-297	1008	93	)	)	PUNCT
ftr-297	1008	94	would	would	AUX
ftr-297	1008	95	enhance	enhance	VERB
ftr-297	1008	96	the	the	DET
ftr-297	1008	97	taxpayer	taxpayer	NOUN
ftr-297	1008	98	's	's	PART
ftr-297	1008	99	understanding	understanding	NOUN
ftr-297	1008	100	by	by	ADP
ftr-297	1008	101	basing	base	VERB
ftr-297	1008	102	the	the	DET
ftr-297	1008	103	adjustments	adjustment	NOUN
ftr-297	1008	104	on	on	ADP
ftr-297	1008	105	the	the	DET
ftr-297	1008	106	assets	asset	NOUN
ftr-297	1008	107	'	'	PART
ftr-297	1008	108	fair	fair	ADJ
ftr-297	1008	109	market	market	NOUN
ftr-297	1008	110	value	value	NOUN
ftr-297	1008	111	,	,	PUNCT
ftr-297	1008	112	which	which	PRON
ftr-297	1008	113	should	should	AUX
ftr-297	1008	114	provide	provide	VERB
ftr-297	1008	115	"	"	PUNCT
ftr-297	1008	116	a	a	DET
ftr-297	1008	117	coherent	coherent	ADJ
ftr-297	1008	118	and	and	CCONJ
ftr-297	1008	119	consistent	consistent	ADJ
ftr-297	1008	120	system	system	NOUN
ftr-297	1008	121	"	"	PUNCT
ftr-297	1008	122	for	for	ADP
ftr-297	1008	123	determining	determine	VERB
ftr-297	1008	124	tax	tax	NOUN
ftr-297	1008	125	consequences	consequence	NOUN
ftr-297	1008	126	upon	upon	SCONJ
ftr-297	1008	127	transfers	transfer	NOUN
ftr-297	1008	128	,	,	PUNCT
ftr-297	1008	129	and	and	CCONJ
ftr-297	1008	130	(	(	PUNCT
ftr-297	1008	131	5	5	X
ftr-297	1008	132	)	)	PUNCT
ftr-297	1008	133	would	would	AUX
ftr-297	1008	134	prevent	prevent	VERB
ftr-297	1008	135	the	the	DET
ftr-297	1008	136	provisions	provision	NOUN
ftr-297	1008	137	from	from	ADP
ftr-297	1008	138	being	be	AUX
ftr-297	1008	139	a	a	DET
ftr-297	1008	140	trap	trap	NOUN
ftr-297	1008	141	for	for	ADP
ftr-297	1008	142	the	the	DET
ftr-297	1008	143	unwary	unwary	ADJ
ftr-297	1008	144	or	or	CCONJ
ftr-297	1008	145	a	a	DET
ftr-297	1008	146	tax	tax	NOUN
ftr-297	1008	147	planning	planning	NOUN
ftr-297	1008	148	tool.132	tool.132	PROPN
ftr-297	1008	149	x.	x.	NOUN
ftr-297	1008	150	conclusion	conclusion	NOUN
ftr-297	1008	151	for	for	ADP
ftr-297	1008	152	the	the	DET
ftr-297	1008	153	past	past	ADJ
ftr-297	1008	154	60	60	NUM
ftr-297	1008	155	years	year	NOUN
ftr-297	1008	156	,	,	PUNCT
ftr-297	1008	157	the	the	DET
ftr-297	1008	158	basis	basis	NOUN
ftr-297	1008	159	adjustment	adjustment	NOUN
ftr-297	1008	160	provisions	provision	NOUN
ftr-297	1008	161	have	have	AUX
ftr-297	1008	162	been	be	AUX
ftr-297	1008	163	shaped	shape	VERB
ftr-297	1008	164	by	by	ADP
ftr-297	1008	165	,	,	PUNCT
ftr-297	1008	166	and	and	CCONJ
ftr-297	1008	167	representative	representative	NOUN
ftr-297	1008	168	of	of	ADP
ftr-297	1008	169	,	,	PUNCT
ftr-297	1008	170	the	the	DET
ftr-297	1008	171	temporal	temporal	ADJ
ftr-297	1008	172	context	context	NOUN
ftr-297	1008	173	in	in	ADP
ftr-297	1008	174	which	which	PRON
ftr-297	1008	175	they	they	PRON
ftr-297	1008	176	were	be	AUX
ftr-297	1008	177	employed	employ	VERB
ftr-297	1008	178	.	.	PUNCT
ftr-297	1009	1	upon	upon	SCONJ
ftr-297	1009	2	codification	codification	NOUN
ftr-297	1009	3	in	in	ADP
ftr-297	1009	4	1954	1954	NUM
ftr-297	1009	5	,	,	PUNCT
ftr-297	1009	6	the	the	DET
ftr-297	1009	7	provisions	provision	NOUN
ftr-297	1009	8	highlighted	highlight	VERB
ftr-297	1009	9	broad	broad	ADJ
ftr-297	1009	10	congressional	congressional	ADJ
ftr-297	1009	11	goals	goal	NOUN
ftr-297	1009	12	such	such	ADJ
ftr-297	1009	13	as	as	ADP
ftr-297	1009	14	economic	economic	ADJ
ftr-297	1009	15	stimulation	stimulation	NOUN
ftr-297	1009	16	through	through	ADP
ftr-297	1009	17	various	various	ADJ
ftr-297	1009	18	forms	form	NOUN
ftr-297	1009	19	of	of	ADP
ftr-297	1009	20	enterprises	enterprise	NOUN
ftr-297	1009	21	,	,	PUNCT
ftr-297	1009	22	many	many	ADJ
ftr-297	1009	23	of	of	ADP
ftr-297	1009	24	which	which	PRON
ftr-297	1009	25	constituted	constitute	VERB
ftr-297	1009	26	partnerships	partnership	NOUN
ftr-297	1009	27	for	for	ADP
ftr-297	1009	28	tax	tax	NOUN
ftr-297	1009	29	purposes	purpose	NOUN
ftr-297	1009	30	.	.	PUNCT
ftr-297	1010	1	they	they	PRON
ftr-297	1010	2	also	also	ADV
ftr-297	1010	3	reflected	reflect	VERB
ftr-297	1010	4	the	the	DET
ftr-297	1010	5	modest	modest	ADJ
ftr-297	1010	6	congressional	congressional	ADJ
ftr-297	1010	7	appraisal	appraisal	NOUN
ftr-297	1010	8	of	of	ADP
ftr-297	1010	9	the	the	DET
ftr-297	1010	10	revenue	revenue	NOUN
ftr-297	1010	11	to	to	PART
ftr-297	1010	12	be	be	AUX
ftr-297	1010	13	generated	generate	VERB
ftr-297	1010	14	under	under	ADP
ftr-297	1010	15	subchapter	subchapter	NOUN
ftr-297	1010	16	k.	k.	PROPN
ftr-297	1010	17	at	at	ADP
ftr-297	1010	18	that	that	DET
ftr-297	1010	19	time	time	NOUN
ftr-297	1010	20	,	,	PUNCT
ftr-297	1010	21	flexible	flexible	ADJ
ftr-297	1010	22	and	and	CCONJ
ftr-297	1010	23	simple	simple	ADJ
ftr-297	1010	24	rules	rule	NOUN
ftr-297	1010	25	,	,	PUNCT
ftr-297	1010	26	unburdened	unburden	VERB
ftr-297	1010	27	by	by	ADP
ftr-297	1010	28	stringent	stringent	ADJ
ftr-297	1010	29	equity	equity	NOUN
ftr-297	1010	30	considerations	consideration	NOUN
ftr-297	1010	31	,	,	PUNCT
ftr-297	1010	32	were	be	AUX
ftr-297	1010	33	viewed	view	VERB
ftr-297	1010	34	not	not	PART
ftr-297	1010	35	only	only	ADV
ftr-297	1010	36	as	as	ADP
ftr-297	1010	37	desirable	desirable	ADJ
ftr-297	1010	38	but	but	CCONJ
ftr-297	1010	39	necessary	necessary	ADJ
ftr-297	1010	40	.	.	PUNCT
ftr-297	1011	1	logic	logic	NOUN
ftr-297	1011	2	and	and	CCONJ
ftr-297	1011	3	accuracy	accuracy	NOUN
ftr-297	1011	4	were	be	AUX
ftr-297	1011	5	often	often	ADV
ftr-297	1011	6	sacrificed	sacrifice	VERB
ftr-297	1011	7	for	for	ADP
ftr-297	1011	8	the	the	DET
ftr-297	1011	9	sake	sake	NOUN
ftr-297	1011	10	of	of	ADP
ftr-297	1011	11	simplicity	simplicity	NOUN
ftr-297	1011	12	.	.	PUNCT
ftr-297	1012	1	consequently	consequently	ADV
ftr-297	1012	2	,	,	PUNCT
ftr-297	1012	3	it	it	PRON
ftr-297	1012	4	was	be	AUX
ftr-297	1012	5	not	not	PART
ftr-297	1012	6	surprising	surprising	ADJ
ftr-297	1012	7	that	that	SCONJ
ftr-297	1012	8	the	the	DET
ftr-297	1012	9	complex	complex	ADJ
ftr-297	1012	10	rules	rule	NOUN
ftr-297	1012	11	129	129	NUM
ftr-297	1012	12	.	.	PUNCT
ftr-297	1013	1	american	american	ADJ
ftr-297	1013	2	law	law	PROPN
ftr-297	1013	3	inst	inst	PROPN
ftr-297	1013	4	.	.	PROPN
ftr-297	1013	5	,	,	PUNCT
ftr-297	1013	6	federal	federal	ADJ
ftr-297	1013	7	income	income	NOUN
ftr-297	1013	8	tax	tax	NOUN
ftr-297	1013	9	project	project	NOUN
ftr-297	1013	10	,	,	PUNCT
ftr-297	1013	11	subchapter	subchapter	NOUN
ftr-297	1013	12	k	k	NOUN
ftr-297	1013	13	:	:	PUNCT
ftr-297	1013	14	proposals	proposal	NOUN
ftr-297	1013	15	on	on	ADP
ftr-297	1013	16	the	the	DET
ftr-297	1013	17	taxation	taxation	NOUN
ftr-297	1013	18	of	of	ADP
ftr-297	1013	19	partners	partner	NOUN
ftr-297	1013	20	2	2	NUM
ftr-297	1013	21	-	-	SYM
ftr-297	1013	22	5	5	NUM
ftr-297	1013	23	(	(	PUNCT
ftr-297	1013	24	1984	1984	NUM
ftr-297	1013	25	)	)	PUNCT
ftr-297	1013	26	.	.	PUNCT
ftr-297	1014	1	130	130	NUM
ftr-297	1014	2	.	.	PUNCT
ftr-297	1015	1	see	see	VERB
ftr-297	1015	2	postlewaite	postlewaite	NOUN
ftr-297	1015	3	et	et	PROPN
ftr-297	1015	4	al	al	PROPN
ftr-297	1015	5	.	.	PROPN
ftr-297	1015	6	,	,	PUNCT
ftr-297	1015	7	supra	supra	PROPN
ftr-297	1015	8	note	note	PROPN
ftr-297	1015	9	1	1	NUM
ftr-297	1015	10	,	,	PUNCT
ftr-297	1015	11	at	at	ADP
ftr-297	1015	12	621	621	NUM
ftr-297	1015	13	.	.	PUNCT
ftr-297	1016	1	131	131	NUM
ftr-297	1016	2	.	.	PUNCT
ftr-297	1017	1	i	i	PRON
ftr-297	1017	2	d.	d.	PROPN
ftr-297	1017	3	at	at	ADP
ftr-297	1017	4	622	622	NUM
ftr-297	1017	5	.	.	PUNCT
ftr-297	1018	1	132	132	NUM
ftr-297	1018	2	.	.	PUNCT
ftr-297	1019	1	some	some	PRON
ftr-297	1019	2	may	may	AUX
ftr-297	1019	3	criticize	criticize	VERB
ftr-297	1019	4	the	the	DET
ftr-297	1019	5	proposal	proposal	NOUN
ftr-297	1019	6	by	by	ADP
ftr-297	1019	7	asserting	assert	VERB
ftr-297	1019	8	that	that	SCONJ
ftr-297	1019	9	it	it	PRON
ftr-297	1019	10	will	will	AUX
ftr-297	1019	11	be	be	AUX
ftr-297	1019	12	burdensome	burdensome	ADJ
ftr-297	1019	13	on	on	ADP
ftr-297	1019	14	small	small	ADJ
ftr-297	1019	15	partnerships	partnership	NOUN
ftr-297	1019	16	,	,	PUNCT
ftr-297	1019	17	non	non	ADJ
ftr-297	1019	18	-	-	ADJ
ftr-297	1019	19	compliance	compliance	ADJ
ftr-297	1019	20	and	and	CCONJ
ftr-297	1019	21	erroneous	erroneous	ADJ
ftr-297	1019	22	results	result	NOUN
ftr-297	1019	23	will	will	AUX
ftr-297	1019	24	ensue	ensue	VERB
ftr-297	1019	25	,	,	PUNCT
ftr-297	1019	26	and	and	CCONJ
ftr-297	1019	27	faith	faith	NOUN
ftr-297	1019	28	in	in	ADP
ftr-297	1019	29	the	the	DET
ftr-297	1019	30	system	system	NOUN
ftr-297	1019	31	will	will	AUX
ftr-297	1019	32	be	be	AUX
ftr-297	1019	33	undermined	undermine	VERB
ftr-297	1019	34	.	.	PUNCT
ftr-297	1020	1	however	however	ADV
ftr-297	1020	2	,	,	PUNCT
ftr-297	1020	3	in	in	ADP
ftr-297	1020	4	such	such	ADJ
ftr-297	1020	5	settings	setting	NOUN
ftr-297	1020	6	,	,	PUNCT
ftr-297	1020	7	transfers	transfer	NOUN
ftr-297	1020	8	of	of	ADP
ftr-297	1020	9	interests	interest	NOUN
ftr-297	1020	10	occur	occur	VERB
ftr-297	1020	11	infrequently	infrequently	ADV
ftr-297	1020	12	.	.	PUNCT
ftr-297	1021	1	furthermore	furthermore	ADV
ftr-297	1021	2	,	,	PUNCT
ftr-297	1021	3	while	while	SCONJ
ftr-297	1021	4	some	some	DET
ftr-297	1021	5	additional	additional	ADJ
ftr-297	1021	6	record	record	NOUN
ftr-297	1021	7	keeping	keeping	NOUN
ftr-297	1021	8	will	will	AUX
ftr-297	1021	9	be	be	AUX
ftr-297	1021	10	required	require	VERB
ftr-297	1021	11	in	in	ADP
ftr-297	1021	12	such	such	ADJ
ftr-297	1021	13	settings	setting	NOUN
ftr-297	1021	14	,	,	PUNCT
ftr-297	1021	15	that	that	DET
ftr-297	1021	16	burden	burden	NOUN
ftr-297	1021	17	will	will	AUX
ftr-297	1021	18	be	be	AUX
ftr-297	1021	19	more	more	ADV
ftr-297	1021	20	than	than	ADP
ftr-297	1021	21	offset	offset	VERB
ftr-297	1021	22	by	by	ADP
ftr-297	1021	23	the	the	DET
ftr-297	1021	24	benefits	benefit	NOUN
ftr-297	1021	25	noted	note	VERB
ftr-297	1021	26	in	in	ADP
ftr-297	1021	27	the	the	DET
ftr-297	1021	28	text	text	NOUN
ftr-297	1021	29	.	.	PUNCT
ftr-297	1022	1	[	[	X
ftr-297	1022	2	vol	vol	NOUN
ftr-297	1022	3	.	.	PUNCT
ftr-297	1023	1	15:3154	15:3154	NUM
ftr-297	1023	2	optional	optional	ADJ
ftr-297	1023	3	basis	basis	NOUN
ftr-297	1023	4	adjustments	adjustment	NOUN
ftr-297	1023	5	under	under	ADP
ftr-297	1023	6	subchapter	subchapter	NOUN
ftr-297	1023	7	k	k	PROPN
ftr-297	1023	8	required	require	VERB
ftr-297	1023	9	to	to	PART
ftr-297	1023	10	correct	correct	VERB
ftr-297	1023	11	basis	basis	NOUN
ftr-297	1023	12	discrepancies	discrepancy	NOUN
ftr-297	1023	13	following	follow	VERB
ftr-297	1023	14	distributions	distribution	NOUN
ftr-297	1023	15	and	and	CCONJ
ftr-297	1023	16	transfers	transfer	NOUN
ftr-297	1023	17	of	of	ADP
ftr-297	1023	18	partnership	partnership	NOUN
ftr-297	1023	19	interests	interest	NOUN
ftr-297	1023	20	were	be	AUX
ftr-297	1023	21	avoided	avoid	VERB
ftr-297	1023	22	.	.	PUNCT
ftr-297	1024	1	instead	instead	ADV
ftr-297	1024	2	,	,	PUNCT
ftr-297	1024	3	their	their	PRON
ftr-297	1024	4	use	use	NOUN
ftr-297	1024	5	was	be	AUX
ftr-297	1024	6	left	leave	VERB
ftr-297	1024	7	to	to	ADP
ftr-297	1024	8	taxpayers	taxpayer	NOUN
ftr-297	1024	9	by	by	ADP
ftr-297	1024	10	the	the	DET
ftr-297	1024	11	adoption	adoption	NOUN
ftr-297	1024	12	of	of	ADP
ftr-297	1024	13	elective	elective	ADJ
ftr-297	1024	14	treatment	treatment	NOUN
ftr-297	1024	15	.	.	PUNCT
ftr-297	1025	1	the	the	DET
ftr-297	1025	2	conflict	conflict	NOUN
ftr-297	1025	3	with	with	ADP
ftr-297	1025	4	the	the	DET
ftr-297	1025	5	sound	sound	ADJ
ftr-297	1025	6	tax	tax	NOUN
ftr-297	1025	7	policy	policy	NOUN
ftr-297	1025	8	goals	goal	NOUN
ftr-297	1025	9	of	of	ADP
ftr-297	1025	10	vertical	vertical	ADJ
ftr-297	1025	11	and	and	CCONJ
ftr-297	1025	12	horizontal	horizontal	ADJ
ftr-297	1025	13	equity	equity	NOUN
ftr-297	1025	14	as	as	ADV
ftr-297	1025	15	well	well	ADV
ftr-297	1025	16	as	as	ADP
ftr-297	1025	17	the	the	DET
ftr-297	1025	18	inequality	inequality	NOUN
ftr-297	1025	19	imposed	impose	VERB
ftr-297	1025	20	on	on	ADP
ftr-297	1025	21	the	the	DET
ftr-297	1025	22	fisc	fisc	NOUN
ftr-297	1025	23	or	or	CCONJ
ftr-297	1025	24	taxpayers	taxpayer	NOUN
ftr-297	1025	25	were	be	AUX
ftr-297	1025	26	ignored	ignore	VERB
ftr-297	1025	27	.	.	PUNCT
ftr-297	1026	1	confronted	confront	VERB
ftr-297	1026	2	with	with	ADP
ftr-297	1026	3	the	the	DET
ftr-297	1026	4	exploitation	exploitation	NOUN
ftr-297	1026	5	of	of	ADP
ftr-297	1026	6	basis	basis	NOUN
ftr-297	1026	7	discrepancies	discrepancy	NOUN
ftr-297	1026	8	by	by	ADP
ftr-297	1026	9	everincreasing	everincrease	VERB
ftr-297	1026	10	partnership	partnership	NOUN
ftr-297	1026	11	structures	structure	NOUN
ftr-297	1026	12	intended	intend	VERB
ftr-297	1026	13	to	to	PART
ftr-297	1026	14	generate	generate	VERB
ftr-297	1026	15	significant	significant	ADJ
ftr-297	1026	16	revenue	revenue	NOUN
ftr-297	1026	17	loss	loss	NOUN
ftr-297	1026	18	,	,	PUNCT
ftr-297	1026	19	congress	congress	PROPN
ftr-297	1026	20	,	,	PUNCT
ftr-297	1026	21	treasury	treasury	NOUN
ftr-297	1026	22	,	,	PUNCT
ftr-297	1026	23	and	and	CCONJ
ftr-297	1026	24	the	the	DET
ftr-297	1026	25	service	service	NOUN
ftr-297	1026	26	adopted	adopt	VERB
ftr-297	1026	27	several	several	ADJ
ftr-297	1026	28	synthetic	synthetic	ADJ
ftr-297	1026	29	solutions	solution	NOUN
ftr-297	1026	30	against	against	ADP
ftr-297	1026	31	tax	tax	NOUN
ftr-297	1026	32	arbitrage	arbitrage	NOUN
ftr-297	1026	33	,	,	PUNCT
ftr-297	1026	34	marking	mark	VERB
ftr-297	1026	35	a	a	DET
ftr-297	1026	36	radical	radical	ADJ
ftr-297	1026	37	shift	shift	NOUN
ftr-297	1026	38	in	in	ADP
ftr-297	1026	39	the	the	DET
ftr-297	1026	40	war	war	NOUN
ftr-297	1026	41	against	against	ADP
ftr-297	1026	42	abusive	abusive	ADJ
ftr-297	1026	43	partnership	partnership	NOUN
ftr-297	1026	44	transactions	transaction	NOUN
ftr-297	1026	45	.	.	PUNCT
ftr-297	1027	1	equity	equity	NOUN
ftr-297	1027	2	,	,	PUNCT
ftr-297	1027	3	accuracy	accuracy	NOUN
ftr-297	1027	4	,	,	PUNCT
ftr-297	1027	5	and	and	CCONJ
ftr-297	1027	6	efficiency	efficiency	NOUN
ftr-297	1027	7	became	become	VERB
ftr-297	1027	8	integral	integral	ADJ
ftr-297	1027	9	elements	element	NOUN
ftr-297	1027	10	in	in	ADP
ftr-297	1027	11	the	the	DET
ftr-297	1027	12	design	design	NOUN
ftr-297	1027	13	of	of	ADP
ftr-297	1027	14	partnership	partnership	NOUN
ftr-297	1027	15	taxation	taxation	NOUN
ftr-297	1027	16	.	.	PUNCT
ftr-297	1028	1	the	the	DET
ftr-297	1028	2	road	road	NOUN
ftr-297	1028	3	for	for	ADP
ftr-297	1028	4	major	major	ADJ
ftr-297	1028	5	reform	reform	NOUN
ftr-297	1028	6	remains	remain	VERB
ftr-297	1028	7	open	open	ADJ
ftr-297	1028	8	and	and	CCONJ
ftr-297	1028	9	widening	widen	VERB
ftr-297	1028	10	.	.	PUNCT
ftr-297	1029	1	33	33	NUM
ftr-297	1029	2	basis	basis	NOUN
ftr-297	1029	3	discrepancies	discrepancy	NOUN
ftr-297	1029	4	following	follow	VERB
ftr-297	1029	5	distributions	distribution	NOUN
ftr-297	1029	6	or	or	CCONJ
ftr-297	1029	7	transfers	transfer	NOUN
ftr-297	1029	8	of	of	ADP
ftr-297	1029	9	partnership	partnership	NOUN
ftr-297	1029	10	interests	interest	NOUN
ftr-297	1029	11	are	be	AUX
ftr-297	1029	12	conceptually	conceptually	ADV
ftr-297	1029	13	incoherent	incoherent	ADJ
ftr-297	1029	14	and	and	CCONJ
ftr-297	1029	15	unjustifiable	unjustifiable	ADJ
ftr-297	1029	16	.	.	PUNCT
ftr-297	1030	1	mandatory	mandatory	ADJ
ftr-297	1030	2	adjustments	adjustment	NOUN
ftr-297	1030	3	are	be	AUX
ftr-297	1030	4	not	not	PART
ftr-297	1030	5	simple	simple	ADJ
ftr-297	1030	6	but	but	CCONJ
ftr-297	1030	7	necessary	necessary	ADJ
ftr-297	1030	8	.	.	PUNCT
ftr-297	1031	1	those	those	PRON
ftr-297	1031	2	who	who	PRON
ftr-297	1031	3	favor	favor	VERB
ftr-297	1031	4	accuracy	accuracy	NOUN
ftr-297	1031	5	,	,	PUNCT
ftr-297	1031	6	equity	equity	NOUN
ftr-297	1031	7	,	,	PUNCT
ftr-297	1031	8	and	and	CCONJ
ftr-297	1031	9	efficiency	efficiency	NOUN
ftr-297	1031	10	should	should	AUX
ftr-297	1031	11	embrace	embrace	VERB
ftr-297	1031	12	them	they	PRON
ftr-297	1031	13	;	;	PUNCT
ftr-297	1031	14	those	those	PRON
ftr-297	1031	15	who	who	PRON
ftr-297	1031	16	do	do	AUX
ftr-297	1031	17	not	not	PART
ftr-297	1031	18	have	have	VERB
ftr-297	1031	19	the	the	DET
ftr-297	1031	20	freedom	freedom	NOUN
ftr-297	1031	21	to	to	PART
ftr-297	1031	22	choose	choose	VERB
ftr-297	1031	23	a	a	DET
ftr-297	1031	24	different	different	ADJ
ftr-297	1031	25	or	or	CCONJ
ftr-297	1031	26	simpler	simple	ADJ
ftr-297	1031	27	modality	modality	NOUN
ftr-297	1031	28	of	of	ADP
ftr-297	1031	29	taxation	taxation	NOUN
ftr-297	1031	30	for	for	ADP
ftr-297	1031	31	their	their	PRON
ftr-297	1031	32	business	business	NOUN
ftr-297	1031	33	enterprises	enterprise	NOUN
ftr-297	1031	34	.	.	PUNCT
ftr-297	1032	1	there	there	PRON
ftr-297	1032	2	is	be	VERB
ftr-297	1032	3	no	no	DET
ftr-297	1032	4	reason	reason	NOUN
ftr-297	1032	5	that	that	PRON
ftr-297	1032	6	section	section	NOUN
ftr-297	1032	7	734(b	734(b	PROPN
ftr-297	1032	8	)	)	PUNCT
ftr-297	1032	9	and	and	CCONJ
ftr-297	1032	10	section	section	NOUN
ftr-297	1032	11	743(b	743(b	PROPN
ftr-297	1032	12	)	)	PUNCT
ftr-297	1032	13	should	should	AUX
ftr-297	1032	14	not	not	PART
ftr-297	1032	15	have	have	VERB
ftr-297	1032	16	uniform	uniform	ADJ
ftr-297	1032	17	mandatory	mandatory	ADJ
ftr-297	1032	18	application	application	NOUN
ftr-297	1032	19	to	to	PART
ftr-297	1032	20	prevent	prevent	VERB
ftr-297	1032	21	basis	basis	NOUN
ftr-297	1032	22	manipulation	manipulation	NOUN
ftr-297	1032	23	in	in	ADP
ftr-297	1032	24	partnership	partnership	NOUN
ftr-297	1032	25	transactions	transaction	NOUN
ftr-297	1032	26	.	.	PUNCT
ftr-297	1033	1	it	it	PRON
ftr-297	1033	2	is	be	AUX
ftr-297	1033	3	time	time	NOUN
ftr-297	1033	4	for	for	SCONJ
ftr-297	1033	5	congress	congress	PROPN
ftr-297	1033	6	to	to	PART
ftr-297	1033	7	act	act	VERB
ftr-297	1033	8	!	!	PUNCT
ftr-297	1034	1	133	133	NUM
ftr-297	1034	2	.	.	PUNCT
ftr-297	1035	1	on	on	ADP
ftr-297	1035	2	march	march	PROPN
ftr-297	1035	3	12	12	NUM
ftr-297	1035	4	,	,	PUNCT
ftr-297	1035	5	2013	2013	NUM
ftr-297	1035	6	,	,	PUNCT
ftr-297	1035	7	house	house	NOUN
ftr-297	1035	8	ways	way	NOUN
ftr-297	1035	9	and	and	CCONJ
ftr-297	1035	10	means	mean	VERB
ftr-297	1035	11	committee	committee	NOUN
ftr-297	1035	12	chair	chair	PROPN
ftr-297	1035	13	,	,	PUNCT
ftr-297	1035	14	dave	dave	PROPN
ftr-297	1035	15	camp	camp	PROPN
ftr-297	1035	16	,	,	PUNCT
ftr-297	1035	17	released	release	VERB
ftr-297	1035	18	a	a	DET
ftr-297	1035	19	discussion	discussion	NOUN
ftr-297	1035	20	draft	draft	NOUN
ftr-297	1035	21	of	of	ADP
ftr-297	1035	22	his	his	PRON
ftr-297	1035	23	small	small	ADJ
ftr-297	1035	24	business	business	NOUN
ftr-297	1035	25	tax	tax	NOUN
ftr-297	1035	26	reform	reform	NOUN
ftr-297	1035	27	comprised	comprise	VERB
ftr-297	1035	28	of	of	ADP
ftr-297	1035	29	two	two	NUM
ftr-297	1035	30	option	option	NOUN
ftr-297	1035	31	plans	plan	NOUN
ftr-297	1035	32	.	.	PUNCT
ftr-297	1036	1	dave	dave	PROPN
ftr-297	1036	2	camp	camp	PROPN
ftr-297	1036	3	,	,	PUNCT
ftr-297	1036	4	ways	way	NOUN
ftr-297	1036	5	and	and	CCONJ
ftr-297	1036	6	means	mean	VERB
ftr-297	1036	7	discussion	discussion	NOUN
ftr-297	1036	8	draft	draft	NOUN
ftr-297	1036	9	,	,	PUNCT
ftr-297	1036	10	committee	committee	NOUN
ftr-297	1036	11	on	on	ADP
ftr-297	1036	12	ways	way	NOUN
ftr-297	1036	13	and	and	CCONJ
ftr-297	1036	14	means	mean	NOUN
ftr-297	1036	15	(	(	PUNCT
ftr-297	1036	16	march	march	PROPN
ftr-297	1036	17	12	12	NUM
ftr-297	1036	18	,	,	PUNCT
ftr-297	1036	19	2013	2013	NUM
ftr-297	1036	20	)	)	PUNCT
ftr-297	1036	21	,	,	PUNCT
ftr-297	1037	1	http://waysandmeans.house.gov/	http://waysandmeans.house.gov/	VERB
ftr-297	1037	2	uploadedfiles	uploadedfile	NOUN
ftr-297	1037	3	/	/	SYM
ftr-297	1037	4	final	final	ADJ
ftr-297	1037	5	sm	sm	X
ftr-297	1037	6	buspassthroughlegislative	buspassthroughlegislative	ADJ
ftr-297	1037	7	text_03.12.13.pdf	text_03.12.13.pdf	PROPN
ftr-297	1037	8	.	.	PUNCT
ftr-297	1038	1	in	in	ADP
ftr-297	1038	2	option	option	NOUN
ftr-297	1038	3	1	1	NUM
ftr-297	1038	4	,	,	PUNCT
ftr-297	1038	5	he	he	PRON
ftr-297	1038	6	proposed	propose	VERB
ftr-297	1038	7	mandatory	mandatory	ADJ
ftr-297	1038	8	basis	basis	NOUN
ftr-297	1038	9	adjustments	adjustment	NOUN
ftr-297	1038	10	under	under	ADP
ftr-297	1038	11	sections	section	NOUN
ftr-297	1038	12	734(b	734(b	PROPN
ftr-297	1038	13	)	)	PUNCT
ftr-297	1038	14	and	and	CCONJ
ftr-297	1038	15	743(b	743(b	NUM
ftr-297	1038	16	)	)	PUNCT
ftr-297	1038	17	as	as	ADV
ftr-297	1038	18	well	well	ADV
ftr-297	1038	19	as	as	ADP
ftr-297	1038	20	the	the	DET
ftr-297	1038	21	striking	striking	NOUN
ftr-297	1038	22	of	of	ADP
ftr-297	1038	23	sections	section	NOUN
ftr-297	1038	24	754	754	NUM
ftr-297	1038	25	and	and	CCONJ
ftr-297	1038	26	755	755	NUM
ftr-297	1038	27	.	.	PUNCT
ftr-297	1039	1	i	i	PRON
ftr-297	1039	2	d.	d.	PROPN
ftr-297	1039	3	option	option	NOUN
ftr-297	1039	4	2	2	NUM
ftr-297	1039	5	would	would	AUX
ftr-297	1039	6	repeal	repeal	VERB
ftr-297	1039	7	subchapter	subchapter	NOUN
ftr-297	1039	8	k	k	PROPN
ftr-297	1039	9	in	in	ADP
ftr-297	1039	10	its	its	PRON
ftr-297	1039	11	entirety	entirety	NOUN
ftr-297	1039	12	and	and	CCONJ
ftr-297	1039	13	replace	replace	VERB
ftr-297	1039	14	it	it	PRON
ftr-297	1039	15	with	with	ADP
ftr-297	1039	16	a	a	DET
ftr-297	1039	17	new	new	ADJ
ftr-297	1039	18	subchapter	subchapter	NOUN
ftr-297	1039	19	devoted	devote	VERB
ftr-297	1039	20	to	to	ADP
ftr-297	1039	21	passthrough	passthrough	NOUN
ftr-297	1039	22	entities	entity	NOUN
ftr-297	1039	23	.	.	PUNCT
ftr-297	1040	1	i	i	PRON
ftr-297	1040	2	d.	d.	PROPN
ftr-297	1040	3	2014	2014	NUM
ftr-297	1040	4	]	]	PUNCT
ftr-297	1040	5	155	155	NUM