id	sid	tid	token	lemma	pos
ftr-471	1	1	florida	florida	PROPN
ftr-471	1	2	tax	tax	PROPN
ftr-471	1	3	review	review	NOUN
ftr-471	1	4	volume	volume	NOUN
ftr-471	1	5	3	3	NUM
ftr-471	1	6	1998	1998	NUM
ftr-471	1	7	number	number	NOUN
ftr-471	1	8	12	12	NUM
ftr-471	1	9	partnership	partnership	NOUN
ftr-471	1	10	distributions	distribution	NOUN
ftr-471	1	11	:	:	PUNCT
ftr-471	1	12	options	option	NOUN
ftr-471	1	13	for	for	ADP
ftr-471	1	14	reform	reform	NOUN
ftr-471	1	15	karen	karen	PROPN
ftr-471	1	16	c.	c.	PROPN
ftr-471	1	17	burke	burke	PROPN
ftr-471	1	18	*	*	PROPN
ftr-471	1	19	i.	i.	PROPN
ftr-471	1	20	introduction	introduction	NOUN
ftr-471	1	21	................................	................................	PUNCT
ftr-471	2	1	678	678	NUM
ftr-471	2	2	ii	ii	NOUN
ftr-471	2	3	.	.	PUNCT
ftr-471	2	4	hot	hot	ADJ
ftr-471	2	5	asset	asset	NOUN
ftr-471	2	6	exchanges	exchange	NOUN
ftr-471	2	7	:	:	PUNCT
ftr-471	2	8	the	the	DET
ftr-471	2	9	statutory	statutory	ADJ
ftr-471	2	10	framework	framework	NOUN
ftr-471	2	11	..................................	..................................	PUNCT
ftr-471	2	12	680	680	NUM
ftr-471	2	13	a.	a.	NOUN
ftr-471	2	14	goals	goal	NOUN
ftr-471	2	15	and	and	CCONJ
ftr-471	2	16	shortcomings	shortcoming	NOUN
ftr-471	2	17	of	of	ADP
ftr-471	2	18	section	section	NOUN
ftr-471	2	19	751(b	751(b	PROPN
ftr-471	2	20	)	)	PUNCT
ftr-471	2	21	........	........	PUNCT
ftr-471	3	1	680	680	NUM
ftr-471	3	2	b.	b.	PROPN
ftr-471	3	3	repeal	repeal	NOUN
ftr-471	3	4	of	of	ADP
ftr-471	3	5	section	section	NOUN
ftr-471	3	6	751(b	751(b	PROPN
ftr-471	3	7	)	)	PUNCT
ftr-471	3	8	and	and	CCONJ
ftr-471	3	9	optional	optional	ADJ
ftr-471	3	10	basis	basis	NOUN
ftr-471	3	11	adjustnents	adjustnent	NOUN
ftr-471	3	12	.............................	.............................	PUNCT
ftr-471	3	13	686	686	NUM
ftr-471	3	14	c.	c.	NOUN
ftr-471	3	15	1982	1982	NUM
ftr-471	3	16	ali	ali	PROPN
ftr-471	3	17	proposals	proposal	NOUN
ftr-471	3	18	:	:	PUNCT
ftr-471	3	19	full	full	ADJ
ftr-471	3	20	fragmentation	fragmentation	NOUN
ftr-471	3	21	.........	.........	PUNCT
ftr-471	3	22	690	690	NUM
ftr-471	3	23	m.	m.	NOUN
ftr-471	3	24	replacing	replace	VERB
ftr-471	3	25	section	section	NOUN
ftr-471	3	26	751(b	751(b	PROPN
ftr-471	3	27	)	)	PUNCT
ftr-471	3	28	with	with	ADP
ftr-471	3	29	a	a	DET
ftr-471	3	30	fullrecognition	fullrecognition	NOUN
ftr-471	3	31	model	model	NOUN
ftr-471	3	32	.............................	.............................	PUNCT
ftr-471	3	33	693	693	NUM
ftr-471	3	34	a.	a.	NOUN
ftr-471	3	35	extending	extend	VERB
ftr-471	3	36	the	the	DET
ftr-471	3	37	subchapter	subchapter	NOUN
ftr-471	3	38	s	s	PART
ftr-471	3	39	model	model	NOUN
ftr-471	3	40	.............	.............	PUNCT
ftr-471	3	41	693	693	NUM
ftr-471	3	42	b.	b.	PROPN
ftr-471	3	43	deemed	deem	VERB
ftr-471	3	44	-	-	PUNCT
ftr-471	3	45	sale	sale	NOUN
ftr-471	3	46	approach	approach	NOUN
ftr-471	3	47	.....................	.....................	PUNCT
ftr-471	3	48	695	695	NUM
ftr-471	3	49	c.	c.	NOUN
ftr-471	3	50	hot	hot	ADJ
ftr-471	3	51	asset	asset	NOUN
ftr-471	3	52	exchanges	exchange	NOUN
ftr-471	3	53	and	and	CCONJ
ftr-471	3	54	partnership	partnership	NOUN
ftr-471	3	55	revaluations	revaluation	NOUN
ftr-471	3	56	.............................	.............................	PUNCT
ftr-471	3	57	699	699	NUM
ftr-471	3	58	iv	iv	NOUN
ftr-471	3	59	.	.	PUNCT
ftr-471	3	60	preserving	preserve	VERB
ftr-471	3	61	nonrecognition	nonrecognition	NOUN
ftr-471	3	62	treatment	treatment	NOUN
ftr-471	3	63	through	through	ADP
ftr-471	3	64	basis	basis	NOUN
ftr-471	3	65	adjustments	adjustment	NOUN
ftr-471	3	66	..............................	..............................	PUNCT
ftr-471	3	67	704	704	NUM
ftr-471	3	68	a.	a.	NOUN
ftr-471	3	69	hot	hot	ADJ
ftr-471	3	70	asset	asset	NOUN
ftr-471	3	71	exchanges	exchange	NOUN
ftr-471	3	72	and	and	CCONJ
ftr-471	3	73	inside	inside	ADP
ftr-471	3	74	basis	basis	NOUN
ftr-471	3	75	adjustments	adjustment	NOUN
ftr-471	3	76	.	.	PUNCT
ftr-471	4	1	704	704	NUM
ftr-471	4	2	b.	b.	NOUN
ftr-471	4	3	coinplete	coinplete	NOUN
ftr-471	4	4	or	or	CCONJ
ftr-471	4	5	partial	partial	ADJ
ftr-471	4	6	liquidations	liquidation	NOUN
ftr-471	4	7	involving	involve	VERB
ftr-471	4	8	hot	hot	ADJ
ftr-471	4	9	asset	asset	NOUN
ftr-471	4	10	exchanges	exchange	NOUN
ftr-471	4	11	..........................	..........................	PUNCT
ftr-471	4	12	708	708	NUM
ftr-471	4	13	1	1	NUM
ftr-471	4	14	.	.	PUNCT
ftr-471	4	15	complete	complete	ADJ
ftr-471	4	16	liquidations	liquidation	NOUN
ftr-471	4	17	................	................	PUNCT
ftr-471	4	18	708	708	NUM
ftr-471	4	19	2	2	NUM
ftr-471	4	20	.	.	PUNCT
ftr-471	4	21	partial	partial	ADJ
ftr-471	4	22	liquidations	liquidation	NOUN
ftr-471	4	23	..................	..................	PUNCT
ftr-471	4	24	710	710	NUM
ftr-471	4	25	3	3	NUM
ftr-471	4	26	.	.	PUNCT
ftr-471	4	27	cash	cash	NOUN
ftr-471	4	28	distributions	distribution	NOUN
ftr-471	4	29	...................	...................	PUNCT
ftr-471	4	30	712	712	NUM
ftr-471	4	31	4	4	NUM
ftr-471	4	32	.	.	PUNCT
ftr-471	4	33	linit	linit	VERB
ftr-471	4	34	on	on	ADP
ftr-471	4	35	gain	gain	NOUN
ftr-471	4	36	recognized	recognize	VERB
ftr-471	4	37	..............	..............	PUNCT
ftr-471	4	38	712	712	NUM
ftr-471	4	39	c.	c.	NOUN
ftr-471	4	40	a	a	DET
ftr-471	4	41	compromise	compromise	NOUN
ftr-471	4	42	proposal	proposal	NOUN
ftr-471	4	43	:	:	PUNCT
ftr-471	4	44	more	more	ADJ
ftr-471	4	45	gain	gain	NOUN
ftr-471	4	46	recognition	recognition	NOUN
ftr-471	4	47	...	...	PUNCT
ftr-471	5	1	713	713	NUM
ftr-471	5	2	v.	v.	ADP
ftr-471	5	3	prospects	prospect	NOUN
ftr-471	5	4	for	for	ADP
ftr-471	5	5	the	the	DET
ftr-471	5	6	future	future	NOUN
ftr-471	5	7	of	of	ADP
ftr-471	5	8	section	section	NOUN
ftr-471	5	9	751(b	751(b	PROPN
ftr-471	5	10	)	)	PUNCT
ftr-471	5	11	.......	.......	PUNCT
ftr-471	6	1	717	717	NUM
ftr-471	6	2	a.	a.	NOUN
ftr-471	6	3	radical	radical	ADJ
ftr-471	6	4	simplification	simplification	NOUN
ftr-471	6	5	:	:	PUNCT
ftr-471	6	6	repeal	repeal	NOUN
ftr-471	6	7	of	of	ADP
ftr-471	6	8	section	section	NOUN
ftr-471	6	9	751(b	751(b	PROPN
ftr-471	6	10	)	)	PUNCT
ftr-471	6	11	....	....	PUNCT
ftr-471	7	1	717	717	NUM
ftr-471	7	2	b.	b.	NOUN
ftr-471	7	3	mandatory	mandatory	ADJ
ftr-471	7	4	revaluation	revaluation	NOUN
ftr-471	7	5	and	and	CCONJ
ftr-471	7	6	gain	gain	VERB
ftr-471	7	7	recognition	recognition	NOUN
ftr-471	7	8	.....	.....	PUNCT
ftr-471	7	9	720	720	NUM
ftr-471	7	10	c.	c.	NOUN
ftr-471	7	11	expanding	expand	VERB
ftr-471	7	12	the	the	DET
ftr-471	7	13	section	section	NOUN
ftr-471	7	14	704(c	704(c	NOUN
ftr-471	7	15	)	)	PUNCT
ftr-471	7	16	approach	approach	NOUN
ftr-471	7	17	..........	..........	PUNCT
ftr-471	7	18	725	725	NUM
ftr-471	7	19	vi	vi	NOUN
ftr-471	7	20	.	.	PUNCT
ftr-471	7	21	conclusion	conclusion	NOUN
ftr-471	7	22	..................................	..................................	PUNCT
ftr-471	8	1	728	728	NUM
ftr-471	8	2	*	*	PUNCT
ftr-471	8	3	professor	professor	NOUN
ftr-471	8	4	of	of	ADP
ftr-471	8	5	law	law	NOUN
ftr-471	8	6	,	,	PUNCT
ftr-471	8	7	university	university	PROPN
ftr-471	8	8	of	of	ADP
ftr-471	8	9	minnesota	minnesota	PROPN
ftr-471	8	10	law	law	PROPN
ftr-471	8	11	school	school	NOUN
ftr-471	8	12	.	.	PUNCT
ftr-471	9	1	professor	professor	PROPN
ftr-471	9	2	burke	burke	PROPN
ftr-471	9	3	is	be	AUX
ftr-471	9	4	a	a	DET
ftr-471	9	5	consultant	consultant	NOUN
ftr-471	9	6	to	to	ADP
ftr-471	9	7	the	the	DET
ftr-471	9	8	american	american	PROPN
ftr-471	9	9	law	law	PROPN
ftr-471	9	10	institute	institute	PROPN
ftr-471	9	11	's	's	PART
ftr-471	9	12	federal	federal	ADJ
ftr-471	9	13	income	income	NOUN
ftr-471	9	14	tax	tax	NOUN
ftr-471	9	15	project	project	NOUN
ftr-471	9	16	-	-	PUNCT
ftr-471	9	17	taxation	taxation	NOUN
ftr-471	9	18	of	of	ADP
ftr-471	9	19	passthrough	passthrough	NOUN
ftr-471	9	20	entities	entity	NOUN
ftr-471	9	21	.	.	PUNCT
ftr-471	10	1	although	although	SCONJ
ftr-471	10	2	she	she	PRON
ftr-471	10	3	has	have	AUX
ftr-471	10	4	benefited	benefit	VERB
ftr-471	10	5	from	from	ADP
ftr-471	10	6	discussions	discussion	NOUN
ftr-471	10	7	in	in	ADP
ftr-471	10	8	connection	connection	NOUN
ftr-471	10	9	with	with	ADP
ftr-471	10	10	the	the	DET
ftr-471	10	11	all	all	DET
ftr-471	10	12	project	project	NOUN
ftr-471	10	13	,	,	PUNCT
ftr-471	10	14	none	none	NOUN
ftr-471	10	15	of	of	ADP
ftr-471	10	16	the	the	DET
ftr-471	10	17	views	view	NOUN
ftr-471	10	18	expressed	express	VERB
ftr-471	10	19	here	here	ADV
ftr-471	10	20	should	should	AUX
ftr-471	10	21	be	be	AUX
ftr-471	10	22	attributed	attribute	VERB
ftr-471	10	23	to	to	ADP
ftr-471	10	24	the	the	DET
ftr-471	10	25	all	all	PRON
ftr-471	10	26	or	or	CCONJ
ftr-471	10	27	other	other	ADJ
ftr-471	10	28	participants	participant	NOUN
ftr-471	10	29	in	in	ADP
ftr-471	10	30	the	the	DET
ftr-471	10	31	project	project	NOUN
ftr-471	10	32	.	.	PUNCT
ftr-471	11	1	florida	florida	PROPN
ftr-471	11	2	tax	tax	PROPN
ftr-471	11	3	review	review	PROPN
ftr-471	11	4	i.	i.	NOUN
ftr-471	11	5	introduction	introduction	NOUN
ftr-471	11	6	the	the	DET
ftr-471	11	7	rise	rise	NOUN
ftr-471	11	8	of	of	ADP
ftr-471	11	9	new	new	ADJ
ftr-471	11	10	forms	form	NOUN
ftr-471	11	11	of	of	ADP
ftr-471	11	12	limited	limited	ADJ
ftr-471	11	13	liability	liability	NOUN
ftr-471	11	14	business	business	NOUN
ftr-471	11	15	entities	entity	NOUN
ftr-471	11	16	,	,	PUNCT
ftr-471	11	17	coupled	couple	VERB
ftr-471	11	18	with	with	ADP
ftr-471	11	19	changes	change	NOUN
ftr-471	11	20	in	in	ADP
ftr-471	11	21	the	the	DET
ftr-471	11	22	federal	federal	ADJ
ftr-471	11	23	tax	tax	NOUN
ftr-471	11	24	rules	rule	NOUN
ftr-471	11	25	for	for	ADP
ftr-471	11	26	classifying	classify	VERB
ftr-471	11	27	such	such	ADJ
ftr-471	11	28	entities	entity	NOUN
ftr-471	11	29	,	,	PUNCT
ftr-471	11	30	has	have	AUX
ftr-471	11	31	precipitated	precipitate	VERB
ftr-471	11	32	an	an	DET
ftr-471	11	33	influx	influx	NOUN
ftr-471	11	34	of	of	ADP
ftr-471	11	35	businesses	business	NOUN
ftr-471	11	36	that	that	PRON
ftr-471	11	37	are	be	AUX
ftr-471	11	38	treated	treat	VERB
ftr-471	11	39	as	as	ADP
ftr-471	11	40	partnerships	partnership	NOUN
ftr-471	11	41	for	for	ADP
ftr-471	11	42	federal	federal	ADJ
ftr-471	11	43	tax	tax	NOUN
ftr-471	11	44	purposes	purpose	NOUN
ftr-471	11	45	.	.	PUNCT
ftr-471	11	46	'	'	PUNCT
ftr-471	12	1	some	some	DET
ftr-471	12	2	commentators	commentator	NOUN
ftr-471	12	3	welcome	welcome	VERB
ftr-471	12	4	what	what	PRON
ftr-471	12	5	they	they	PRON
ftr-471	12	6	perceive	perceive	VERB
ftr-471	12	7	as	as	ADP
ftr-471	12	8	a	a	DET
ftr-471	12	9	process	process	NOUN
ftr-471	12	10	of	of	ADP
ftr-471	12	11	de	de	X
ftr-471	12	12	facto	facto	X
ftr-471	12	13	integration	integration	NOUN
ftr-471	12	14	that	that	PRON
ftr-471	12	15	promises	promise	VERB
ftr-471	12	16	eventually	eventually	ADV
ftr-471	12	17	to	to	PART
ftr-471	12	18	make	make	VERB
ftr-471	12	19	an	an	DET
ftr-471	12	20	elective	elective	ADJ
ftr-471	12	21	regime	regime	NOUN
ftr-471	12	22	of	of	ADP
ftr-471	12	23	pass	pass	VERB
ftr-471	12	24	-	-	PUNCT
ftr-471	12	25	through	through	ADP
ftr-471	12	26	taxation	taxation	NOUN
ftr-471	12	27	available	available	ADJ
ftr-471	12	28	for	for	ADP
ftr-471	12	29	all	all	DET
ftr-471	12	30	nonpublicly	nonpublicly	ADV
ftr-471	12	31	-	-	PUNCT
ftr-471	12	32	traded	trade	VERB
ftr-471	12	33	businesses.2	businesses.2	NOUN
ftr-471	12	34	to	to	ADP
ftr-471	12	35	the	the	DET
ftr-471	12	36	extent	extent	NOUN
ftr-471	12	37	that	that	SCONJ
ftr-471	12	38	the	the	DET
ftr-471	12	39	partnership	partnership	NOUN
ftr-471	12	40	model	model	NOUN
ftr-471	12	41	,	,	PUNCT
ftr-471	12	42	as	as	ADP
ftr-471	12	43	currently	currently	ADV
ftr-471	12	44	embodied	embody	VERB
ftr-471	12	45	in	in	ADP
ftr-471	12	46	subchapter	subchapter	NOUN
ftr-471	12	47	k	k	PROPN
ftr-471	12	48	,	,	PUNCT
ftr-471	12	49	represents	represent	VERB
ftr-471	12	50	a	a	DET
ftr-471	12	51	coherent	coherent	ADJ
ftr-471	12	52	and	and	CCONJ
ftr-471	12	53	well	well	ADV
ftr-471	12	54	-	-	PUNCT
ftr-471	12	55	functioning	function	VERB
ftr-471	12	56	body	body	NOUN
ftr-471	12	57	of	of	ADP
ftr-471	12	58	law	law	NOUN
ftr-471	12	59	,	,	PUNCT
ftr-471	12	60	such	such	DET
ftr-471	12	61	a	a	DET
ftr-471	12	62	sanguine	sanguine	ADJ
ftr-471	12	63	view	view	NOUN
ftr-471	12	64	may	may	AUX
ftr-471	12	65	be	be	AUX
ftr-471	12	66	justified	justify	VERB
ftr-471	12	67	.	.	PUNCT
ftr-471	13	1	however	however	ADV
ftr-471	13	2	,	,	PUNCT
ftr-471	13	3	as	as	SCONJ
ftr-471	13	4	the	the	DET
ftr-471	13	5	preliminary	preliminary	ADJ
ftr-471	13	6	work	work	NOUN
ftr-471	13	7	of	of	ADP
ftr-471	13	8	the	the	DET
ftr-471	13	9	american	american	PROPN
ftr-471	13	10	law	law	PROPN
ftr-471	13	11	institute	institute	PROPN
ftr-471	13	12	(	(	PUNCT
ftr-471	13	13	ali	ali	PROPN
ftr-471	13	14	)	)	PUNCT
ftr-471	13	15	project	project	NOUN
ftr-471	13	16	on	on	ADP
ftr-471	13	17	pass	pass	VERB
ftr-471	13	18	-	-	PUNCT
ftr-471	13	19	through	through	ADP
ftr-471	13	20	entities	entity	NOUN
ftr-471	13	21	suggests	suggest	VERB
ftr-471	13	22	,	,	PUNCT
ftr-471	13	23	the	the	DET
ftr-471	13	24	intricate	intricate	ADJ
ftr-471	13	25	provisions	provision	NOUN
ftr-471	13	26	of	of	ADP
ftr-471	13	27	subchapter	subchapter	NOUN
ftr-471	13	28	k	k	PROPN
ftr-471	13	29	may	may	AUX
ftr-471	13	30	be	be	AUX
ftr-471	13	31	"	"	PUNCT
ftr-471	13	32	dysfunctional	dysfunctional	ADJ
ftr-471	13	33	"	"	PUNCT
ftr-471	13	34	in	in	ADP
ftr-471	13	35	important	important	ADJ
ftr-471	13	36	respects	respect	NOUN
ftr-471	13	37	.	.	PUNCT
ftr-471	14	1	3	3	NUM
ftr-471	14	2	indeed	indeed	ADV
ftr-471	14	3	,	,	PUNCT
ftr-471	14	4	subchapter	subchapter	PROPN
ftr-471	14	5	k	k	PROPN
ftr-471	14	6	may	may	AUX
ftr-471	14	7	have	have	AUX
ftr-471	14	8	reached	reach	VERB
ftr-471	14	9	an	an	DET
ftr-471	14	10	important	important	ADJ
ftr-471	14	11	turning	turning	NOUN
ftr-471	14	12	point	point	NOUN
ftr-471	14	13	.	.	PUNCT
ftr-471	15	1	the	the	DET
ftr-471	15	2	1954	1954	NUM
ftr-471	15	3	code	code	NOUN
ftr-471	15	4	drafters	drafter	NOUN
ftr-471	15	5	stressed	stress	VERB
ftr-471	15	6	simplicity	simplicity	NOUN
ftr-471	15	7	and	and	CCONJ
ftr-471	15	8	flexibility	flexibility	NOUN
ftr-471	15	9	while	while	SCONJ
ftr-471	15	10	allowing	allow	VERB
ftr-471	15	11	partners	partner	NOUN
ftr-471	15	12	considerable	considerable	ADJ
ftr-471	15	13	latitude	latitude	NOUN
ftr-471	15	14	in	in	ADP
ftr-471	15	15	allocating	allocate	VERB
ftr-471	15	16	tax	tax	NOUN
ftr-471	15	17	benefits	benefit	NOUN
ftr-471	15	18	and	and	CCONJ
ftr-471	15	19	burdens	burden	NOUN
ftr-471	15	20	among	among	ADP
ftr-471	15	21	themselves.4	themselves.4	PROPN
ftr-471	15	22	with	with	ADP
ftr-471	15	23	the	the	DET
ftr-471	15	24	benefit	benefit	NOUN
ftr-471	15	25	of	of	ADP
ftr-471	15	26	hindsight	hindsight	ADJ
ftr-471	15	27	,	,	PUNCT
ftr-471	15	28	this	this	DET
ftr-471	15	29	tolerant	tolerant	ADJ
ftr-471	15	30	attitude	attitude	NOUN
ftr-471	15	31	toward	toward	ADP
ftr-471	15	32	shifting	shift	VERB
ftr-471	15	33	tax	tax	NOUN
ftr-471	15	34	consequences	consequence	NOUN
ftr-471	15	35	among	among	ADP
ftr-471	15	36	partners	partner	NOUN
ftr-471	15	37	appears	appear	VERB
ftr-471	15	38	to	to	PART
ftr-471	15	39	undermine	undermine	VERB
ftr-471	15	40	broader	broad	ADJ
ftr-471	15	41	tax	tax	NOUN
ftr-471	15	42	policy	policy	NOUN
ftr-471	15	43	goals	goal	NOUN
ftr-471	15	44	.	.	PUNCT
ftr-471	16	1	concern	concern	NOUN
ftr-471	16	2	about	about	ADP
ftr-471	16	3	the	the	DET
ftr-471	16	4	flexibility	flexibility	NOUN
ftr-471	16	5	of	of	ADP
ftr-471	16	6	partnership	partnership	NOUN
ftr-471	16	7	taxation	taxation	NOUN
ftr-471	16	8	-	-	PUNCT
ftr-471	16	9	particularly	particularly	ADV
ftr-471	16	10	the	the	DET
ftr-471	16	11	ease	ease	NOUN
ftr-471	16	12	of	of	ADP
ftr-471	16	13	entry	entry	NOUN
ftr-471	16	14	and	and	CCONJ
ftr-471	16	15	exit	exit	NOUN
ftr-471	16	16	-	-	PUNCT
ftr-471	16	17	has	have	AUX
ftr-471	16	18	led	lead	VERB
ftr-471	16	19	some	some	DET
ftr-471	16	20	partnership	partnership	NOUN
ftr-471	16	21	reformers	reformer	NOUN
ftr-471	16	22	to	to	PART
ftr-471	16	23	veer	veer	VERB
ftr-471	16	24	in	in	ADP
ftr-471	16	25	the	the	DET
ftr-471	16	26	opposite	opposite	ADJ
ftr-471	16	27	direction.5	direction.5	PROPN
ftr-471	16	28	recent	recent	ADJ
ftr-471	16	29	legislative	legislative	ADJ
ftr-471	16	30	attempts	attempt	NOUN
ftr-471	16	31	to	to	PART
ftr-471	16	32	confine	confine	VERB
ftr-471	16	33	the	the	DET
ftr-471	16	34	broad	broad	ADJ
ftr-471	16	35	nonrecognition	nonrecognition	NOUN
ftr-471	16	36	policy	policy	NOUN
ftr-471	16	37	of	of	ADP
ftr-471	16	38	section	section	NOUN
ftr-471	16	39	72	72	NUM
ftr-471	16	40	1	1	NUM
ftr-471	16	41	-	-	PUNCT
ftr-471	16	42	especially	especially	ADV
ftr-471	16	43	with	with	ADP
ftr-471	16	44	respect	respect	NOUN
ftr-471	16	45	to	to	ADP
ftr-471	16	46	contributions	contribution	NOUN
ftr-471	16	47	of	of	ADP
ftr-471	16	48	property	property	NOUN
ftr-471	16	49	with	with	ADP
ftr-471	16	50	built	build	VERB
ftr-471	16	51	-	-	PUNCT
ftr-471	16	52	in	in	ADP
ftr-471	16	53	gain	gain	NOUN
ftr-471	16	54	or	or	CCONJ
ftr-471	16	55	loss	loss	NOUN
ftr-471	16	56	,	,	PUNCT
ftr-471	16	57	disguised	disguised	ADJ
ftr-471	16	58	sales	sale	NOUN
ftr-471	16	59	,	,	PUNCT
ftr-471	16	60	and	and	CCONJ
ftr-471	16	61	distributions	distribution	NOUN
ftr-471	16	62	of	of	ADP
ftr-471	16	63	1	1	NUM
ftr-471	16	64	.	.	PUNCT
ftr-471	17	1	see	see	VERB
ftr-471	17	2	generally	generally	ADV
ftr-471	17	3	william	william	PROPN
ftr-471	17	4	a.	a.	PROPN
ftr-471	17	5	klein	klein	PROPN
ftr-471	17	6	&	&	CCONJ
ftr-471	17	7	eric	eric	PROPN
ftr-471	17	8	m.	m.	PROPN
ftr-471	17	9	zolt	zolt	PROPN
ftr-471	17	10	,	,	PUNCT
ftr-471	17	11	business	business	NOUN
ftr-471	17	12	form	form	NOUN
ftr-471	17	13	,	,	PUNCT
ftr-471	17	14	limited	limited	ADJ
ftr-471	17	15	liability	liability	NOUN
ftr-471	17	16	,	,	PUNCT
ftr-471	17	17	and	and	CCONJ
ftr-471	17	18	tax	tax	NOUN
ftr-471	17	19	regimes	regime	NOUN
ftr-471	17	20	:	:	PUNCT
ftr-471	17	21	lurching	lurch	VERB
ftr-471	17	22	toward	toward	ADP
ftr-471	17	23	a	a	DET
ftr-471	17	24	coherent	coherent	ADJ
ftr-471	17	25	outcome	outcome	NOUN
ftr-471	17	26	?	?	PUNCT
ftr-471	17	27	,	,	PUNCT
ftr-471	17	28	66	66	NUM
ftr-471	17	29	u.	u.	PROPN
ftr-471	17	30	colo	colo	PROPN
ftr-471	17	31	.	.	PUNCT
ftr-471	18	1	l.	l.	PROPN
ftr-471	18	2	rev	rev	PROPN
ftr-471	18	3	.	.	PROPN
ftr-471	18	4	1001	1001	NUM
ftr-471	18	5	(	(	PUNCT
ftr-471	18	6	1995	1995	NUM
ftr-471	18	7	)	)	PUNCT
ftr-471	18	8	;	;	PUNCT
ftr-471	18	9	karen	karen	PROPN
ftr-471	18	10	c.	c.	PROPN
ftr-471	18	11	burke	burke	PROPN
ftr-471	18	12	,	,	PUNCT
ftr-471	18	13	the	the	DET
ftr-471	18	14	uncertain	uncertain	ADJ
ftr-471	18	15	future	future	NOUN
ftr-471	18	16	of	of	ADP
ftr-471	18	17	limited	limited	ADJ
ftr-471	18	18	liability	liability	NOUN
ftr-471	18	19	companies	company	NOUN
ftr-471	18	20	,	,	PUNCT
ftr-471	18	21	12	12	NUM
ftr-471	18	22	am	am	NOUN
ftr-471	18	23	.	.	PUNCT
ftr-471	19	1	j.	j.	PROPN
ftr-471	19	2	tax	tax	PROPN
ftr-471	19	3	pol'y	pol'y	NOUN
ftr-471	19	4	13	13	NUM
ftr-471	19	5	(	(	PUNCT
ftr-471	19	6	1995	1995	NUM
ftr-471	19	7	)	)	PUNCT
ftr-471	19	8	;	;	PUNCT
ftr-471	19	9	susan	susan	PROPN
ftr-471	19	10	pace	pace	PROPN
ftr-471	19	11	hamill	hamill	PROPN
ftr-471	19	12	,	,	PUNCT
ftr-471	19	13	the	the	DET
ftr-471	19	14	limited	limited	ADJ
ftr-471	19	15	liability	liability	NOUN
ftr-471	19	16	company	company	NOUN
ftr-471	19	17	:	:	PUNCT
ftr-471	19	18	a	a	DET
ftr-471	19	19	catalyst	catalyst	NOUN
ftr-471	19	20	exposing	expose	VERB
ftr-471	19	21	the	the	DET
ftr-471	19	22	corporate	corporate	ADJ
ftr-471	19	23	integration	integration	NOUN
ftr-471	19	24	question	question	NOUN
ftr-471	19	25	,	,	PUNCT
ftr-471	19	26	95	95	NUM
ftr-471	19	27	mich	mich	PROPN
ftr-471	19	28	.	.	PUNCT
ftr-471	20	1	l.	l.	PROPN
ftr-471	20	2	rev	rev	PROPN
ftr-471	20	3	.	.	PROPN
ftr-471	20	4	393	393	NUM
ftr-471	20	5	(	(	PUNCT
ftr-471	20	6	1996	1996	NUM
ftr-471	20	7	)	)	PUNCT
ftr-471	20	8	;	;	PUNCT
ftr-471	20	9	george	george	PROPN
ftr-471	20	10	k.	k.	PROPN
ftr-471	20	11	yin	yin	PROPN
ftr-471	20	12	,	,	PUNCT
ftr-471	20	13	the	the	DET
ftr-471	20	14	taxation	taxation	NOUN
ftr-471	20	15	of	of	ADP
ftr-471	20	16	private	private	ADJ
ftr-471	20	17	business	business	NOUN
ftr-471	20	18	enterprises	enterprise	NOUN
ftr-471	20	19	:	:	PUNCT
ftr-471	20	20	some	some	DET
ftr-471	20	21	policy	policy	NOUN
ftr-471	20	22	questions	question	NOUN
ftr-471	20	23	stimulated	stimulate	VERB
ftr-471	20	24	by	by	ADP
ftr-471	20	25	the	the	DET
ftr-471	20	26	"	"	PUNCT
ftr-471	20	27	check	check	VERB
ftr-471	20	28	-	-	PUNCT
ftr-471	20	29	the	the	DET
ftr-471	20	30	box	box	NOUN
ftr-471	20	31	"	"	PUNCT
ftr-471	20	32	regulations	regulation	NOUN
ftr-471	20	33	,	,	PUNCT
ftr-471	20	34	51	51	NUM
ftr-471	20	35	smu	smu	PROPN
ftr-471	20	36	l.	l.	PROPN
ftr-471	20	37	rev	rev	PROPN
ftr-471	20	38	.	.	PROPN
ftr-471	20	39	125	125	NUM
ftr-471	20	40	(	(	PUNCT
ftr-471	20	41	1997	1997	NUM
ftr-471	20	42	)	)	PUNCT
ftr-471	20	43	.	.	PUNCT
ftr-471	21	1	2	2	X
ftr-471	21	2	.	.	X
ftr-471	21	3	see	see	VERB
ftr-471	21	4	generally	generally	ADV
ftr-471	21	5	jerome	jerome	PROPN
ftr-471	21	6	kurtz	kurtz	PROPN
ftr-471	21	7	,	,	PUNCT
ftr-471	21	8	the	the	DET
ftr-471	21	9	limited	limited	ADJ
ftr-471	21	10	liability	liability	NOUN
ftr-471	21	11	company	company	NOUN
ftr-471	21	12	and	and	CCONJ
ftr-471	21	13	the	the	DET
ftr-471	21	14	future	future	NOUN
ftr-471	21	15	of	of	ADP
ftr-471	21	16	business	business	NOUN
ftr-471	21	17	taxation	taxation	NOUN
ftr-471	21	18	:	:	PUNCT
ftr-471	21	19	a	a	DET
ftr-471	21	20	comment	comment	NOUN
ftr-471	21	21	on	on	ADP
ftr-471	21	22	professor	professor	PROPN
ftr-471	21	23	berger	berger	PROPN
ftr-471	21	24	's	's	PART
ftr-471	21	25	plan	plan	NOUN
ftr-471	21	26	,	,	PUNCT
ftr-471	21	27	47	47	NUM
ftr-471	21	28	tax	tax	NOUN
ftr-471	21	29	l.	l.	PROPN
ftr-471	21	30	rev	rev	PROPN
ftr-471	21	31	.	.	PROPN
ftr-471	21	32	815	815	NUM
ftr-471	21	33	(	(	PUNCT
ftr-471	21	34	1992	1992	NUM
ftr-471	21	35	)	)	PUNCT
ftr-471	21	36	.	.	PUNCT
ftr-471	22	1	3	3	X
ftr-471	22	2	.	.	X
ftr-471	22	3	see	see	VERB
ftr-471	22	4	american	american	PROPN
ftr-471	22	5	law	law	PROPN
ftr-471	22	6	institute	institute	PROPN
ftr-471	22	7	,	,	PUNCT
ftr-471	22	8	federal	federal	ADJ
ftr-471	22	9	income	income	NOUN
ftr-471	22	10	tax	tax	NOUN
ftr-471	22	11	project	project	NOUN
ftr-471	22	12	-	-	PUNCT
ftr-471	22	13	taxation	taxation	NOUN
ftr-471	22	14	of	of	ADP
ftr-471	22	15	passthrough	passthrough	NOUN
ftr-471	22	16	entities	entity	NOUN
ftr-471	22	17	,	,	PUNCT
ftr-471	22	18	tentative	tentative	ADJ
ftr-471	22	19	draft	draft	NOUN
ftr-471	22	20	memorandum	memorandum	NOUN
ftr-471	22	21	no	no	INTJ
ftr-471	22	22	.	.	NOUN
ftr-471	22	23	2	2	NUM
ftr-471	22	24	,	,	PUNCT
ftr-471	22	25	at	at	ADP
ftr-471	22	26	2	2	NUM
ftr-471	22	27	(	(	PUNCT
ftr-471	22	28	1996	1996	NUM
ftr-471	22	29	)	)	PUNCT
ftr-471	23	1	[	[	X
ftr-471	23	2	hereinafter	hereinafter	NOUN
ftr-471	23	3	ali	ali	PROPN
ftr-471	23	4	,	,	PUNCT
ftr-471	23	5	passthrough	passthrough	PROPN
ftr-471	23	6	entities	entity	NOUN
ftr-471	23	7	,	,	PUNCT
ftr-471	23	8	tentative	tentative	ADJ
ftr-471	23	9	draft	draft	NOUN
ftr-471	23	10	memorandum	memorandum	NOUN
ftr-471	23	11	no	no	INTJ
ftr-471	23	12	.	.	NOUN
ftr-471	23	13	2	2	NUM
ftr-471	23	14	]	]	PUNCT
ftr-471	23	15	.	.	PUNCT
ftr-471	24	1	4	4	X
ftr-471	24	2	.	.	X
ftr-471	24	3	beyond	beyond	ADP
ftr-471	24	4	stressing	stress	VERB
ftr-471	24	5	the	the	DET
ftr-471	24	6	need	need	NOUN
ftr-471	24	7	for	for	ADP
ftr-471	24	8	"	"	PUNCT
ftr-471	24	9	clarification	clarification	NOUN
ftr-471	24	10	,	,	PUNCT
ftr-471	24	11	"	"	PUNCT
ftr-471	24	12	the	the	DET
ftr-471	24	13	1954	1954	NUM
ftr-471	24	14	code	code	NOUN
ftr-471	24	15	drafters	drafter	NOUN
ftr-471	24	16	emphasized	emphasize	VERB
ftr-471	24	17	the	the	DET
ftr-471	24	18	goals	goal	NOUN
ftr-471	24	19	of	of	ADP
ftr-471	24	20	"	"	PUNCT
ftr-471	24	21	simplicity	simplicity	NOUN
ftr-471	24	22	,	,	PUNCT
ftr-471	24	23	flexibility	flexibility	NOUN
ftr-471	24	24	,	,	PUNCT
ftr-471	24	25	and	and	CCONJ
ftr-471	24	26	equity	equity	NOUN
ftr-471	24	27	as	as	ADP
ftr-471	24	28	between	between	ADP
ftr-471	24	29	the	the	DET
ftr-471	24	30	partners	partner	NOUN
ftr-471	24	31	.	.	PUNCT
ftr-471	24	32	"	"	PUNCT
ftr-471	25	1	s.	s.	PROPN
ftr-471	25	2	rep	rep	PROPN
ftr-471	25	3	.	.	PROPN
ftr-471	25	4	no	no	PROPN
ftr-471	25	5	.	.	NOUN
ftr-471	25	6	1622	1622	NUM
ftr-471	25	7	,	,	PUNCT
ftr-471	25	8	83d	83d	NUM
ftr-471	25	9	cong	cong	NOUN
ftr-471	25	10	.	.	PROPN
ftr-471	25	11	,	,	PUNCT
ftr-471	25	12	2d	2d	PROPN
ftr-471	25	13	sess	sess	NOUN
ftr-471	25	14	.	.	PUNCT
ftr-471	26	1	89	89	NUM
ftr-471	26	2	(	(	PUNCT
ftr-471	26	3	1954	1954	NUM
ftr-471	26	4	)	)	PUNCT
ftr-471	26	5	,	,	PUNCT
ftr-471	26	6	reprinted	reprint	VERB
ftr-471	26	7	in	in	ADP
ftr-471	26	8	1954	1954	NUM
ftr-471	26	9	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-471	26	10	.	.	PUNCT
ftr-471	26	11	4621	4621	NUM
ftr-471	26	12	,	,	PUNCT
ftr-471	26	13	4722	4722	NUM
ftr-471	26	14	.	.	PUNCT
ftr-471	27	1	5	5	NUM
ftr-471	27	2	.	.	X
ftr-471	27	3	for	for	ADP
ftr-471	27	4	contrasting	contrast	VERB
ftr-471	27	5	views	view	NOUN
ftr-471	27	6	on	on	ADP
ftr-471	27	7	the	the	DET
ftr-471	27	8	need	need	NOUN
ftr-471	27	9	for	for	ADP
ftr-471	27	10	fundamental	fundamental	ADJ
ftr-471	27	11	structural	structural	ADJ
ftr-471	27	12	reform	reform	NOUN
ftr-471	27	13	,	,	PUNCT
ftr-471	27	14	compare	compare	VERB
ftr-471	27	15	mark	mark	PROPN
ftr-471	27	16	p.	p.	PROPN
ftr-471	27	17	gergen	gergen	PROPN
ftr-471	27	18	,	,	PUNCT
ftr-471	27	19	reforming	reform	VERB
ftr-471	27	20	subchapter	subchapter	NOUN
ftr-471	27	21	k	k	NOUN
ftr-471	27	22	:	:	PUNCT
ftr-471	27	23	contributions	contribution	NOUN
ftr-471	27	24	and	and	CCONJ
ftr-471	27	25	distributions	distribution	NOUN
ftr-471	27	26	,	,	PUNCT
ftr-471	27	27	47	47	NUM
ftr-471	27	28	tax	tax	NOUN
ftr-471	27	29	l.	l.	PROPN
ftr-471	27	30	rev	rev	PROPN
ftr-471	27	31	.	.	PROPN
ftr-471	27	32	173	173	NUM
ftr-471	27	33	(	(	PUNCT
ftr-471	27	34	1991	1991	NUM
ftr-471	27	35	)	)	PUNCT
ftr-471	28	1	[	[	X
ftr-471	28	2	hereinafter	hereinafter	NOUN
ftr-471	28	3	gergen	gergen	NOUN
ftr-471	28	4	,	,	PUNCT
ftr-471	28	5	contributions	contribution	NOUN
ftr-471	28	6	and	and	CCONJ
ftr-471	28	7	distributions	distribution	NOUN
ftr-471	28	8	]	]	PUNCT
ftr-471	28	9	with	with	ADP
ftr-471	28	10	john	john	PROPN
ftr-471	28	11	p.	p.	PROPN
ftr-471	28	12	steines	steine	NOUN
ftr-471	28	13	,	,	PUNCT
ftr-471	28	14	jr	jr	PROPN
ftr-471	28	15	.	.	PROPN
ftr-471	28	16	,	,	PUNCT
ftr-471	28	17	commentary	commentary	NOUN
ftr-471	28	18	-	-	PUNCT
ftr-471	28	19	unneeded	unneeded	ADJ
ftr-471	28	20	reform	reform	NOUN
ftr-471	28	21	,	,	PUNCT
ftr-471	28	22	47	47	NUM
ftr-471	28	23	tax	tax	NOUN
ftr-471	28	24	l.	l.	PROPN
ftr-471	28	25	rev	rev	PROPN
ftr-471	28	26	.	.	PROPN
ftr-471	28	27	239	239	NUM
ftr-471	28	28	(	(	PUNCT
ftr-471	28	29	1991	1991	NUM
ftr-471	28	30	)	)	PUNCT
ftr-471	29	1	[	[	X
ftr-471	29	2	hereinafter	hereinafter	NOUN
ftr-471	29	3	steines	steine	NOUN
ftr-471	29	4	,	,	PUNCT
ftr-471	29	5	unneeded	unneeded	ADJ
ftr-471	29	6	reform	reform	NOUN
ftr-471	29	7	]	]	PUNCT
ftr-471	29	8	.	.	PUNCT
ftr-471	30	1	[	[	X
ftr-471	30	2	vol	vol	NOUN
ftr-471	30	3	3:12	3:12	NUM
ftr-471	30	4	partnership	partnership	NOUN
ftr-471	30	5	distributions	distribution	NOUN
ftr-471	30	6	:	:	PUNCT
ftr-471	30	7	options	option	NOUN
ftr-471	30	8	for	for	ADP
ftr-471	30	9	reform	reform	NOUN
ftr-471	30	10	previously	previously	ADV
ftr-471	30	11	contributed	contribute	VERB
ftr-471	30	12	property	property	NOUN
ftr-471	30	13	-	-	PUNCT
ftr-471	30	14	signal	signal	NOUN
ftr-471	30	15	congressional	congressional	ADJ
ftr-471	30	16	ambivalence	ambivalence	NOUN
ftr-471	30	17	about	about	ADP
ftr-471	30	18	subchapter	subchapter	NOUN
ftr-471	30	19	k	k	PROPN
ftr-471	30	20	's	's	PART
ftr-471	30	21	unrivaled	unrivaled	ADJ
ftr-471	30	22	flexibility.6	flexibility.6	NOUN
ftr-471	30	23	while	while	SCONJ
ftr-471	30	24	contributions	contribution	NOUN
ftr-471	30	25	and	and	CCONJ
ftr-471	30	26	distributions	distribution	NOUN
ftr-471	30	27	often	often	ADV
ftr-471	30	28	present	present	VERB
ftr-471	30	29	different	different	ADJ
ftr-471	30	30	facets	facet	NOUN
ftr-471	30	31	of	of	ADP
ftr-471	30	32	similar	similar	ADJ
ftr-471	30	33	problems,7	problems,7	NOUN
ftr-471	30	34	the	the	DET
ftr-471	30	35	lenient	lenient	ADJ
ftr-471	30	36	distribution	distribution	NOUN
ftr-471	30	37	rules	rule	NOUN
ftr-471	30	38	of	of	ADP
ftr-471	30	39	section	section	NOUN
ftr-471	30	40	731	731	NUM
ftr-471	30	41	have	have	VERB
ftr-471	30	42	,	,	PUNCT
ftr-471	30	43	for	for	ADP
ftr-471	30	44	the	the	DET
ftr-471	30	45	most	most	ADJ
ftr-471	30	46	part	part	NOUN
ftr-471	30	47	,	,	PUNCT
ftr-471	30	48	escaped	escape	VERB
ftr-471	30	49	similar	similar	ADJ
ftr-471	30	50	scrutiny	scrutiny	NOUN
ftr-471	30	51	.	.	PUNCT
ftr-471	30	52	'	'	PUNCT
ftr-471	31	1	this	this	DET
ftr-471	31	2	relative	relative	ADJ
ftr-471	31	3	neglect	neglect	NOUN
ftr-471	31	4	of	of	ADP
ftr-471	31	5	partnership	partnership	NOUN
ftr-471	31	6	distributions	distribution	NOUN
ftr-471	31	7	is	be	AUX
ftr-471	31	8	all	all	DET
ftr-471	31	9	the	the	PRON
ftr-471	31	10	more	more	ADV
ftr-471	31	11	surprising	surprising	ADJ
ftr-471	31	12	since	since	SCONJ
ftr-471	31	13	the	the	DET
ftr-471	31	14	"	"	PUNCT
ftr-471	31	15	collapsible	collapsible	ADJ
ftr-471	31	16	partnership	partnership	NOUN
ftr-471	31	17	"	"	PUNCT
ftr-471	31	18	rules	rule	NOUN
ftr-471	31	19	of	of	ADP
ftr-471	31	20	section	section	NOUN
ftr-471	31	21	751(b	751(b	PROPN
ftr-471	31	22	)	)	PUNCT
ftr-471	31	23	represented	represent	VERB
ftr-471	31	24	the	the	DET
ftr-471	31	25	1954	1954	NUM
ftr-471	31	26	code	code	NOUN
ftr-471	31	27	's	's	PART
ftr-471	31	28	primary	primary	ADJ
ftr-471	31	29	bulwark	bulwark	NOUN
ftr-471	31	30	against	against	ADP
ftr-471	31	31	income	income	NOUN
ftr-471	31	32	-	-	PUNCT
ftr-471	31	33	shifting	shift	VERB
ftr-471	31	34	.	.	PUNCT
ftr-471	32	1	9	9	NUM
ftr-471	32	2	because	because	SCONJ
ftr-471	32	3	of	of	ADP
ftr-471	32	4	its	its	PRON
ftr-471	32	5	daunting	daunt	VERB
ftr-471	32	6	complexity	complexity	NOUN
ftr-471	32	7	and	and	CCONJ
ftr-471	32	8	limited	limited	ADJ
ftr-471	32	9	enforceability	enforceability	NOUN
ftr-471	32	10	,	,	PUNCT
ftr-471	32	11	section	section	NOUN
ftr-471	32	12	751(b	751(b	PROPN
ftr-471	32	13	)	)	PUNCT
ftr-471	32	14	has	have	AUX
ftr-471	32	15	been	be	AUX
ftr-471	32	16	described	describe	VERB
ftr-471	32	17	as	as	ADP
ftr-471	32	18	the	the	DET
ftr-471	32	19	"	"	PUNCT
ftr-471	32	20	achilles	achilles	NOUN
ftr-471	32	21	heel	heel	NOUN
ftr-471	32	22	"	"	PUNCT
ftr-471	32	23	of	of	ADP
ftr-471	32	24	subchapter	subchapter	NOUN
ftr-471	32	25	k.	k.	PROPN
ftr-471	32	26	"0	"0	PROPN
ftr-471	32	27	while	while	SCONJ
ftr-471	32	28	section	section	NOUN
ftr-471	32	29	751(b	751(b	PROPN
ftr-471	32	30	)	)	PUNCT
ftr-471	32	31	is	be	AUX
ftr-471	32	32	intended	intend	VERB
ftr-471	32	33	to	to	PART
ftr-471	32	34	safeguard	safeguard	VERB
ftr-471	32	35	against	against	ADP
ftr-471	32	36	the	the	DET
ftr-471	32	37	use	use	NOUN
ftr-471	32	38	of	of	ADP
ftr-471	32	39	distributions	distribution	NOUN
ftr-471	32	40	to	to	PART
ftr-471	32	41	shift	shift	VERB
ftr-471	32	42	ordinary	ordinary	ADJ
ftr-471	32	43	income	income	NOUN
ftr-471	32	44	and	and	CCONJ
ftr-471	32	45	capital	capital	NOUN
ftr-471	32	46	gain	gain	NOUN
ftr-471	32	47	,	,	PUNCT
ftr-471	32	48	it	it	PRON
ftr-471	32	49	also	also	ADV
ftr-471	32	50	has	have	VERB
ftr-471	32	51	a	a	DET
ftr-471	32	52	significant	significant	ADJ
ftr-471	32	53	impact	impact	NOUN
ftr-471	32	54	on	on	ADP
ftr-471	32	55	the	the	DET
ftr-471	32	56	timing	timing	NOUN
ftr-471	32	57	of	of	ADP
ftr-471	32	58	recognition	recognition	NOUN
ftr-471	32	59	.	.	PUNCT
ftr-471	33	1	thus	thus	ADV
ftr-471	33	2	,	,	PUNCT
ftr-471	33	3	section	section	NOUN
ftr-471	33	4	751	751	NUM
ftr-471	33	5	(	(	PUNCT
ftr-471	33	6	b	b	NOUN
ftr-471	33	7	)	)	PUNCT
ftr-471	33	8	offers	offer	VERB
ftr-471	33	9	a	a	DET
ftr-471	33	10	useful	useful	ADJ
ftr-471	33	11	starting	starting	NOUN
ftr-471	33	12	point	point	NOUN
ftr-471	33	13	for	for	ADP
ftr-471	33	14	examining	examine	VERB
ftr-471	33	15	proposed	propose	VERB
ftr-471	33	16	reforms	reform	NOUN
ftr-471	33	17	of	of	ADP
ftr-471	33	18	the	the	DET
ftr-471	33	19	partnership	partnership	NOUN
ftr-471	33	20	distribution	distribution	NOUN
ftr-471	33	21	rules	rule	NOUN
ftr-471	33	22	.	.	PUNCT
ftr-471	34	1	part	part	NOUN
ftr-471	34	2	ii	ii	PROPN
ftr-471	34	3	of	of	ADP
ftr-471	34	4	this	this	DET
ftr-471	34	5	article	article	NOUN
ftr-471	34	6	examines	examine	VERB
ftr-471	34	7	the	the	DET
ftr-471	34	8	rationale	rationale	NOUN
ftr-471	34	9	for	for	ADP
ftr-471	34	10	section	section	NOUN
ftr-471	34	11	751	751	NUM
ftr-471	34	12	(	(	PUNCT
ftr-471	34	13	b	b	NOUN
ftr-471	34	14	)	)	PUNCT
ftr-471	34	15	within	within	ADP
ftr-471	34	16	the	the	DET
ftr-471	34	17	general	general	ADJ
ftr-471	34	18	nonrecognition	nonrecognition	NOUN
ftr-471	34	19	scheme	scheme	NOUN
ftr-471	34	20	of	of	ADP
ftr-471	34	21	the	the	DET
ftr-471	34	22	1954	1954	NUM
ftr-471	34	23	partnership	partnership	NOUN
ftr-471	34	24	model	model	NOUN
ftr-471	34	25	and	and	CCONJ
ftr-471	34	26	discusses	discuss	VERB
ftr-471	34	27	proposals	proposal	NOUN
ftr-471	34	28	for	for	ADP
ftr-471	34	29	its	its	PRON
ftr-471	34	30	modification	modification	NOUN
ftr-471	34	31	or	or	CCONJ
ftr-471	34	32	repeal	repeal	NOUN
ftr-471	34	33	.	.	PUNCT
ftr-471	35	1	part	part	PROPN
ftr-471	35	2	i1	i1	PROPN
ftr-471	35	3	considers	consider	VERB
ftr-471	35	4	whether	whether	SCONJ
ftr-471	35	5	the	the	DET
ftr-471	35	6	nonrecognition	nonrecognition	NOUN
ftr-471	35	7	policy	policy	NOUN
ftr-471	35	8	of	of	ADP
ftr-471	35	9	section	section	NOUN
ftr-471	35	10	731	731	NUM
ftr-471	35	11	should	should	AUX
ftr-471	35	12	be	be	AUX
ftr-471	35	13	replaced	replace	VERB
ftr-471	35	14	,	,	PUNCT
ftr-471	35	15	as	as	SCONJ
ftr-471	35	16	some	some	DET
ftr-471	35	17	writers	writer	NOUN
ftr-471	35	18	have	have	AUX
ftr-471	35	19	suggested	suggest	VERB
ftr-471	35	20	,	,	PUNCT
ftr-471	35	21	with	with	ADP
ftr-471	35	22	entity	entity	NOUN
ftr-471	35	23	-	-	PUNCT
ftr-471	35	24	level	level	NOUN
ftr-471	35	25	taxation	taxation	NOUN
ftr-471	35	26	or	or	CCONJ
ftr-471	35	27	a	a	DET
ftr-471	35	28	deemed	deem	VERB
ftr-471	35	29	-	-	PUNCT
ftr-471	35	30	sale	sale	NOUN
ftr-471	35	31	approach	approach	NOUN
ftr-471	35	32	.	.	PUNCT
ftr-471	35	33	"	"	PUNCT
ftr-471	36	1	part	part	NOUN
ftr-471	36	2	iv	iv	NUM
ftr-471	36	3	explores	explore	VERB
ftr-471	36	4	an	an	DET
ftr-471	36	5	alternative	alternative	ADJ
ftr-471	36	6	approach	approach	NOUN
ftr-471	36	7	based	base	VERB
ftr-471	36	8	on	on	ADP
ftr-471	36	9	mandatory	mandatory	ADJ
ftr-471	36	10	basis	basis	NOUN
ftr-471	36	11	adjustments	adjustment	NOUN
ftr-471	36	12	to	to	PART
ftr-471	36	13	prevent	prevent	VERB
ftr-471	36	14	partners	partner	NOUN
ftr-471	36	15	from	from	ADP
ftr-471	36	16	manipulating	manipulate	VERB
ftr-471	36	17	partnership	partnership	NOUN
ftr-471	36	18	distributions	distribution	NOUN
ftr-471	36	19	to	to	PART
ftr-471	36	20	shift	shift	VERB
ftr-471	36	21	unrealized	unrealized	ADJ
ftr-471	36	22	appreciation	appreciation	NOUN
ftr-471	36	23	.	.	PUNCT
ftr-471	36	24	'	'	PUNCT
ftr-471	37	1	2	2	NUM
ftr-471	37	2	finally	finally	ADV
ftr-471	37	3	,	,	PUNCT
ftr-471	37	4	part	part	NOUN
ftr-471	37	5	v	v	NOUN
ftr-471	37	6	suggests	suggest	VERB
ftr-471	37	7	that	that	SCONJ
ftr-471	37	8	section	section	NOUN
ftr-471	37	9	751(b)-type	751(b)-type	NOUN
ftr-471	37	10	6	6	NUM
ftr-471	37	11	.	.	PUNCT
ftr-471	38	1	see	see	VERB
ftr-471	38	2	irc	irc	PROPN
ftr-471	38	3	§	§	PROPN
ftr-471	38	4	§	§	PROPN
ftr-471	38	5	704(c)(1	704(c)(1	PROPN
ftr-471	38	6	)	)	PUNCT
ftr-471	38	7	,	,	PUNCT
ftr-471	38	8	707(a)(2)(b	707(a)(2)(b	PROPN
ftr-471	38	9	)	)	PUNCT
ftr-471	38	10	,	,	PUNCT
ftr-471	38	11	737	737	NUM
ftr-471	38	12	;	;	PUNCT
ftr-471	38	13	see	see	VERB
ftr-471	38	14	also	also	ADV
ftr-471	38	15	regs	reg	VERB
ftr-471	38	16	.	.	PUNCT
ftr-471	39	1	§	§	PROPN
ftr-471	39	2	1.701	1.701	NUM
ftr-471	39	3	-	-	SYM
ftr-471	39	4	2	2	NUM
ftr-471	39	5	(	(	PUNCT
ftr-471	39	6	warning	warn	VERB
ftr-471	39	7	against	against	ADP
ftr-471	39	8	use	use	NOUN
ftr-471	39	9	of	of	ADP
ftr-471	39	10	partnership	partnership	NOUN
ftr-471	39	11	rules	rule	NOUN
ftr-471	39	12	to	to	PART
ftr-471	39	13	accomplish	accomplish	VERB
ftr-471	39	14	results	result	NOUN
ftr-471	39	15	inconsistent	inconsistent	ADJ
ftr-471	39	16	with	with	ADP
ftr-471	39	17	the	the	DET
ftr-471	39	18	"	"	PUNCT
ftr-471	39	19	intent	intent	NOUN
ftr-471	39	20	"	"	PUNCT
ftr-471	39	21	of	of	ADP
ftr-471	39	22	subchapter	subchapter	NOUN
ftr-471	39	23	k	k	PROPN
ftr-471	39	24	)	)	PUNCT
ftr-471	39	25	.	.	PUNCT
ftr-471	40	1	unless	unless	SCONJ
ftr-471	40	2	otherwise	otherwise	ADV
ftr-471	40	3	indicated	indicate	VERB
ftr-471	40	4	,	,	PUNCT
ftr-471	40	5	all	all	PRON
ftr-471	40	6	irc	irc	VERB
ftr-471	40	7	citations	citation	NOUN
ftr-471	40	8	refer	refer	VERB
ftr-471	40	9	to	to	ADP
ftr-471	40	10	the	the	DET
ftr-471	40	11	internal	internal	ADJ
ftr-471	40	12	revenue	revenue	NOUN
ftr-471	40	13	code	code	NOUN
ftr-471	40	14	of	of	ADP
ftr-471	40	15	1986	1986	NUM
ftr-471	40	16	,	,	PUNCT
ftr-471	40	17	as	as	SCONJ
ftr-471	40	18	amended	amend	VERB
ftr-471	40	19	through	through	ADP
ftr-471	40	20	august	august	PROPN
ftr-471	40	21	31	31	NUM
ftr-471	40	22	.	.	PUNCT
ftr-471	40	23	1997	1997	NUM
ftr-471	40	24	.	.	PUNCT
ftr-471	41	1	7	7	X
ftr-471	41	2	.	.	X
ftr-471	41	3	see	see	VERB
ftr-471	41	4	gergen	gergen	NOUN
ftr-471	41	5	,	,	PUNCT
ftr-471	41	6	contributions	contribution	NOUN
ftr-471	41	7	and	and	CCONJ
ftr-471	41	8	distributions	distribution	NOUN
ftr-471	41	9	.	.	PUNCT
ftr-471	42	1	supra	supra	PROPN
ftr-471	42	2	note	note	NOUN
ftr-471	42	3	5	5	NUM
ftr-471	42	4	.	.	PUNCT
ftr-471	43	1	at	at	ADP
ftr-471	43	2	182	182	NUM
ftr-471	43	3	(	(	PUNCT
ftr-471	43	4	"	"	PUNCT
ftr-471	43	5	why	why	SCONJ
ftr-471	43	6	different	different	ADJ
ftr-471	43	7	generations	generation	NOUN
ftr-471	43	8	have	have	AUX
ftr-471	43	9	focused	focus	VERB
ftr-471	43	10	on	on	ADP
ftr-471	43	11	different	different	ADJ
ftr-471	43	12	parts	part	NOUN
ftr-471	43	13	of	of	ADP
ftr-471	43	14	a	a	DET
ftr-471	43	15	single	single	ADJ
ftr-471	43	16	problem	problem	NOUN
ftr-471	43	17	is	be	AUX
ftr-471	43	18	puzzling	puzzle	VERB
ftr-471	43	19	.	.	PUNCT
ftr-471	43	20	"	"	PUNCT
ftr-471	43	21	)	)	PUNCT
ftr-471	43	22	.	.	PUNCT
ftr-471	44	1	8	8	X
ftr-471	44	2	.	.	X
ftr-471	45	1	in	in	ADP
ftr-471	45	2	1997	1997	NUM
ftr-471	45	3	,	,	PUNCT
ftr-471	45	4	the	the	DET
ftr-471	45	5	allocation	allocation	NOUN
ftr-471	45	6	rules	rule	NOUN
ftr-471	45	7	of	of	ADP
ftr-471	45	8	§	§	PROPN
ftr-471	45	9	732(c	732(c	PROPN
ftr-471	45	10	)	)	PUNCT
ftr-471	45	11	for	for	ADP
ftr-471	45	12	distributed	distribute	VERB
ftr-471	45	13	property	property	NOUN
ftr-471	45	14	were	be	AUX
ftr-471	45	15	amended	amend	VERB
ftr-471	45	16	.	.	PUNCT
ftr-471	46	1	see	see	VERB
ftr-471	46	2	taxpayer	taxpayer	NOUN
ftr-471	46	3	relief	relief	NOUN
ftr-471	46	4	act	act	NOUN
ftr-471	46	5	of	of	ADP
ftr-471	46	6	1997	1997	NUM
ftr-471	46	7	,	,	PUNCT
ftr-471	46	8	pub	pub	NOUN
ftr-471	46	9	.	.	PUNCT
ftr-471	47	1	l.	l.	PROPN
ftr-471	47	2	no	no	INTJ
ftr-471	47	3	.	.	PROPN
ftr-471	48	1	105	105	NUM
ftr-471	48	2	-	-	SYM
ftr-471	48	3	34	34	NUM
ftr-471	49	1	[	[	X
ftr-471	49	2	hereinafter	hereinafter	NOUN
ftr-471	49	3	1997	1997	NUM
ftr-471	49	4	actl	actl	NOUN
ftr-471	49	5	.	.	PUNCT
ftr-471	50	1	§	§	PROPN
ftr-471	50	2	1061	1061	NUM
ftr-471	50	3	,	,	PUNCT
ftr-471	50	4	111	111	NUM
ftr-471	50	5	stat	stat	NOUN
ftr-471	50	6	.	.	PUNCT
ftr-471	51	1	945	945	NUM
ftr-471	51	2	;	;	PUNCT
ftr-471	51	3	see	see	AUX
ftr-471	51	4	also	also	ADV
ftr-471	51	5	irc	irc	VERB
ftr-471	51	6	§	§	PROPN
ftr-471	51	7	731(c	731(c	PROPN
ftr-471	51	8	)	)	PUNCT
ftr-471	51	9	(	(	PUNCT
ftr-471	51	10	requiring	require	VERB
ftr-471	51	11	gain	gain	NOUN
ftr-471	51	12	recognition	recognition	NOUN
ftr-471	51	13	on	on	ADP
ftr-471	51	14	certain	certain	ADJ
ftr-471	51	15	distributions	distribution	NOUN
ftr-471	51	16	of	of	ADP
ftr-471	51	17	marketable	marketable	ADJ
ftr-471	51	18	securities	security	NOUN
ftr-471	51	19	)	)	PUNCT
ftr-471	51	20	.	.	PUNCT
ftr-471	52	1	for	for	ADP
ftr-471	52	2	an	an	DET
ftr-471	52	3	overview	overview	NOUN
ftr-471	52	4	of	of	ADP
ftr-471	52	5	recent	recent	ADJ
ftr-471	52	6	proposals	proposal	NOUN
ftr-471	52	7	to	to	PART
ftr-471	52	8	reform	reform	VERB
ftr-471	52	9	subchapter	subchapter	NOUN
ftr-471	52	10	k	k	NOUN
ftr-471	52	11	,	,	PUNCT
ftr-471	52	12	see	see	VERB
ftr-471	52	13	staff	staff	NOUN
ftr-471	52	14	of	of	ADP
ftr-471	52	15	the	the	DET
ftr-471	52	16	joint	joint	ADJ
ftr-471	52	17	committee	committee	NOUN
ftr-471	52	18	on	on	ADP
ftr-471	52	19	taxation	taxation	NOUN
ftr-471	52	20	,	,	PUNCT
ftr-471	52	21	105th	105th	PROPN
ftr-471	52	22	cong	cong	NOUN
ftr-471	52	23	.	.	PUNCT
ftr-471	52	24	,	,	PUNCT
ftr-471	52	25	1st	1st	ADJ
ftr-471	52	26	sess	sess	NOUN
ftr-471	52	27	.	.	PUNCT
ftr-471	53	1	,	,	PUNCT
ftr-471	53	2	review	review	NOUN
ftr-471	53	3	of	of	ADP
ftr-471	53	4	selected	select	VERB
ftr-471	53	5	entity	entity	NOUN
ftr-471	53	6	classification	classification	NOUN
ftr-471	53	7	and	and	CCONJ
ftr-471	53	8	partnership	partnership	NOUN
ftr-471	53	9	tax	tax	NOUN
ftr-471	53	10	issues	issue	NOUN
ftr-471	53	11	(	(	PUNCT
ftr-471	53	12	comm	comm	NOUN
ftr-471	53	13	.	.	PUNCT
ftr-471	54	1	print	print	NOUN
ftr-471	54	2	1997	1997	NUM
ftr-471	54	3	)	)	PUNCT
ftr-471	55	1	[	[	X
ftr-471	55	2	hereinafter	hereinafter	NOUN
ftr-471	55	3	selected	select	VERB
ftr-471	55	4	partnership	partnership	NOUN
ftr-471	55	5	tax	tax	NOUN
ftr-471	55	6	issues	issue	NOUN
ftr-471	55	7	)	)	PUNCT
ftr-471	55	8	.	.	PUNCT
ftr-471	56	1	9	9	X
ftr-471	56	2	.	.	X
ftr-471	56	3	see	see	VERB
ftr-471	56	4	irc	irc	PROPN
ftr-471	56	5	§	§	PROPN
ftr-471	56	6	751(b	751(b	PROPN
ftr-471	56	7	)	)	PUNCT
ftr-471	56	8	.	.	PUNCT
ftr-471	57	1	in	in	ADP
ftr-471	57	2	1997	1997	NUM
ftr-471	57	3	,	,	PUNCT
ftr-471	57	4	congress	congress	PROPN
ftr-471	57	5	amended	amend	VERB
ftr-471	57	6	§	§	PROPN
ftr-471	57	7	751(a	751(a	PROPN
ftr-471	57	8	)	)	PUNCT
ftr-471	57	9	but	but	CCONJ
ftr-471	57	10	left	leave	VERB
ftr-471	57	11	§	§	PROPN
ftr-471	57	12	751(b	751(b	PROPN
ftr-471	57	13	)	)	PUNCT
ftr-471	57	14	substantially	substantially	ADV
ftr-471	57	15	intact	intact	ADJ
ftr-471	57	16	.	.	PUNCT
ftr-471	58	1	see	see	VERB
ftr-471	58	2	irc	irc	PROPN
ftr-471	58	3	§	§	PROPN
ftr-471	58	4	751(a	751(a	PROPN
ftr-471	58	5	)	)	PUNCT
ftr-471	58	6	(	(	PUNCT
ftr-471	58	7	as	as	SCONJ
ftr-471	58	8	amended	amend	VERB
ftr-471	58	9	by	by	ADP
ftr-471	58	10	the	the	DET
ftr-471	58	11	1997	1997	NUM
ftr-471	58	12	act	act	NOUN
ftr-471	58	13	,	,	PUNCT
ftr-471	58	14	§	§	PROPN
ftr-471	58	15	1062	1062	NUM
ftr-471	58	16	,	,	PUNCT
ftr-471	58	17	111	111	NUM
ftr-471	58	18	stat	stat	NOUN
ftr-471	58	19	.	.	PUNCT
ftr-471	59	1	at	at	ADP
ftr-471	59	2	946	946	NUM
ftr-471	59	3	)	)	PUNCT
ftr-471	59	4	(	(	PUNCT
ftr-471	59	5	eliminating	eliminate	VERB
ftr-471	59	6	the	the	DET
ftr-471	59	7	"	"	PUNCT
ftr-471	59	8	substantial	substantial	ADJ
ftr-471	59	9	appreciation	appreciation	NOUN
ftr-471	59	10	"	"	PUNCT
ftr-471	59	11	requirement	requirement	NOUN
ftr-471	59	12	for	for	ADP
ftr-471	59	13	inventory	inventory	NOUN
ftr-471	59	14	)	)	PUNCT
ftr-471	59	15	.	.	PUNCT
ftr-471	60	1	10	10	X
ftr-471	60	2	.	.	PUNCT
ftr-471	61	1	see	see	VERB
ftr-471	61	2	james	james	PROPN
ftr-471	61	3	s.	s.	PROPN
ftr-471	61	4	eustice	eustice	PROPN
ftr-471	61	5	,	,	PUNCT
ftr-471	61	6	subchapter	subchapter	NOUN
ftr-471	61	7	s	s	PART
ftr-471	61	8	corporations	corporation	NOUN
ftr-471	61	9	and	and	CCONJ
ftr-471	61	10	partnerships	partnership	NOUN
ftr-471	61	11	:	:	PUNCT
ftr-471	61	12	a	a	DET
ftr-471	61	13	search	search	NOUN
ftr-471	61	14	for	for	ADP
ftr-471	61	15	the	the	DET
ftr-471	61	16	pass	pass	NOUN
ftr-471	61	17	through	through	ADP
ftr-471	61	18	paradigm	paradigm	NOUN
ftr-471	61	19	(	(	PUNCT
ftr-471	61	20	some	some	DET
ftr-471	61	21	preliminary	preliminary	ADJ
ftr-471	61	22	proposals	proposal	NOUN
ftr-471	61	23	)	)	PUNCT
ftr-471	61	24	,	,	PUNCT
ftr-471	61	25	39	39	NUM
ftr-471	61	26	tax	tax	NOUN
ftr-471	61	27	l	l	NOUN
ftr-471	61	28	rev	rev	VERB
ftr-471	61	29	.	.	PROPN
ftr-471	61	30	345	345	NUM
ftr-471	61	31	.	.	X
ftr-471	61	32	383	383	NUM
ftr-471	61	33	(	(	PUNCT
ftr-471	61	34	1984	1984	NUM
ftr-471	61	35	)	)	PUNCT
ftr-471	61	36	.	.	PUNCT
ftr-471	62	1	11	11	NUM
ftr-471	62	2	.	.	X
ftr-471	62	3	see	see	VERB
ftr-471	62	4	generally	generally	ADV
ftr-471	62	5	curtis	curtis	PROPN
ftr-471	62	6	j.	j.	PROPN
ftr-471	62	7	berger	berger	PROPN
ftr-471	62	8	,	,	PUNCT
ftr-471	62	9	w(h)ither	w(h)ither	PROPN
ftr-471	62	10	partnership	partnership	NOUN
ftr-471	62	11	taxation	taxation	NOUN
ftr-471	62	12	?	?	PUNCT
ftr-471	62	13	.	.	PUNCT
ftr-471	63	1	47	47	NUM
ftr-471	63	2	tax	tax	NOUN
ftr-471	63	3	l.	l.	PROPN
ftr-471	63	4	rev	rev	PROPN
ftr-471	63	5	.	.	PROPN
ftr-471	63	6	105	105	NUM
ftr-471	63	7	(	(	PUNCT
ftr-471	63	8	1991	1991	NUM
ftr-471	63	9	)	)	PUNCT
ftr-471	63	10	;	;	PUNCT
ftr-471	63	11	philip	philip	PROPN
ftr-471	63	12	f.	f.	PROPN
ftr-471	63	13	postlewaite	postlewaite	PROPN
ftr-471	63	14	et	et	PROPN
ftr-471	63	15	al	al	PROPN
ftr-471	63	16	.	.	PROPN
ftr-471	63	17	,	,	PUNCT
ftr-471	63	18	a	a	DET
ftr-471	63	19	critique	critique	NOUN
ftr-471	63	20	of	of	ADP
ftr-471	63	21	the	the	DET
ftr-471	63	22	ali	ali	PROPN
ftr-471	63	23	's	's	PART
ftr-471	63	24	federal	federal	ADJ
ftr-471	63	25	income	income	NOUN
ftr-471	63	26	tax	tax	NOUN
ftr-471	63	27	project	project	NOUN
ftr-471	63	28	-	-	PUNCT
ftr-471	63	29	subchapter	subchapter	NOUN
ftr-471	63	30	k	k	NOUN
ftr-471	63	31	:	:	PUNCT
ftr-471	63	32	proposals	proposal	NOUN
ftr-471	63	33	on	on	ADP
ftr-471	63	34	the	the	DET
ftr-471	63	35	taxation	taxation	NOUN
ftr-471	63	36	of	of	ADP
ftr-471	63	37	partners	partner	NOUN
ftr-471	63	38	,	,	PUNCT
ftr-471	63	39	75	75	NUM
ftr-471	63	40	geo	geo	PROPN
ftr-471	63	41	.	.	PUNCT
ftr-471	64	1	lj	lj	PROPN
ftr-471	64	2	.	.	PROPN
ftr-471	64	3	423	423	NUM
ftr-471	64	4	,	,	PUNCT
ftr-471	64	5	464	464	NUM
ftr-471	64	6	-	-	SYM
ftr-471	64	7	89	89	NUM
ftr-471	64	8	(	(	PUNCT
ftr-471	64	9	1986	1986	NUM
ftr-471	64	10	)	)	PUNCT
ftr-471	64	11	;	;	PUNCT
ftr-471	64	12	see	see	VERB
ftr-471	64	13	also	also	ADV
ftr-471	64	14	gergen	gergen	ADV
ftr-471	64	15	,	,	PUNCT
ftr-471	64	16	contributions	contribution	NOUN
ftr-471	64	17	and	and	CCONJ
ftr-471	64	18	distributions	distribution	NOUN
ftr-471	64	19	,	,	PUNCT
ftr-471	64	20	supra	supra	PROPN
ftr-471	64	21	note	note	NOUN
ftr-471	64	22	5	5	NUM
ftr-471	64	23	,	,	PUNCT
ftr-471	64	24	at	at	ADP
ftr-471	64	25	202	202	NUM
ftr-471	64	26	-	-	SYM
ftr-471	64	27	10	10	NUM
ftr-471	64	28	.	.	PUNCT
ftr-471	64	29	12	12	NUM
ftr-471	64	30	.	.	PUNCT
ftr-471	65	1	see	see	VERB
ftr-471	65	2	generally	generally	ADV
ftr-471	65	3	william	william	PROPN
ftr-471	65	4	d.	d.	PROPN
ftr-471	65	5	andrews	andrews	PROPN
ftr-471	65	6	,	,	PUNCT
ftr-471	65	7	inside	inside	ADP
ftr-471	65	8	basis	basis	NOUN
ftr-471	65	9	adjustments	adjustment	NOUN
ftr-471	65	10	and	and	CCONJ
ftr-471	65	11	hot	hot	ADJ
ftr-471	65	12	asset	asset	NOUN
ftr-471	65	13	exchanges	exchange	NOUN
ftr-471	65	14	in	in	ADP
ftr-471	65	15	partnership	partnership	NOUN
ftr-471	65	16	distributions	distribution	NOUN
ftr-471	65	17	,	,	PUNCT
ftr-471	65	18	47	47	NUM
ftr-471	65	19	tax	tax	NOUN
ftr-471	65	20	l.	l.	PROPN
ftr-471	65	21	rev	rev	PROPN
ftr-471	65	22	.	.	PROPN
ftr-471	65	23	3	3	NUM
ftr-471	65	24	(	(	PUNCT
ftr-471	65	25	1991	1991	NUM
ftr-471	65	26	)	)	PUNCT
ftr-471	65	27	;	;	PUNCT
ftr-471	66	1	noel	noel	PROPN
ftr-471	66	2	b.	b.	PROPN
ftr-471	66	3	cunningham	cunningham	PROPN
ftr-471	66	4	.	.	PUNCT
ftr-471	67	1	needed	need	VERB
ftr-471	67	2	reform	reform	NOUN
ftr-471	67	3	,	,	PUNCT
ftr-471	67	4	tending	tend	VERB
ftr-471	67	5	the	the	DET
ftr-471	67	6	sick	sick	ADJ
ftr-471	67	7	rose	rise	VERB
ftr-471	67	8	,	,	PUNCT
ftr-471	67	9	47	47	NUM
ftr-471	67	10	tax	tax	NOUN
ftr-471	67	11	l.	l.	PROPN
ftr-471	67	12	rev	rev	PROPN
ftr-471	67	13	.	.	PROPN
ftr-471	68	1	77	77	NUM
ftr-471	68	2	(	(	PUNCT
ftr-471	68	3	1991	1991	NUM
ftr-471	68	4	)	)	PUNCT
ftr-471	68	5	.	.	PUNCT
ftr-471	69	1	19981	19981	NUM
ftr-471	69	2	florida	florida	PROPN
ftr-471	69	3	tax	tax	NOUN
ftr-471	69	4	review	review	NOUN
ftr-471	69	5	treatment	treatment	NOUN
ftr-471	69	6	be	be	AUX
ftr-471	69	7	extended	extend	VERB
ftr-471	69	8	to	to	ADP
ftr-471	69	9	all	all	DET
ftr-471	69	10	non	non	ADJ
ftr-471	69	11	-	-	ADJ
ftr-471	69	12	pro	pro	ADJ
ftr-471	69	13	rata	rata	ADJ
ftr-471	69	14	distributions	distribution	NOUN
ftr-471	69	15	of	of	ADP
ftr-471	69	16	partnership	partnership	NOUN
ftr-471	69	17	assets	asset	NOUN
ftr-471	69	18	through	through	ADP
ftr-471	69	19	mandatory	mandatory	ADJ
ftr-471	69	20	revaluations	revaluation	NOUN
ftr-471	69	21	and	and	CCONJ
ftr-471	69	22	special	special	ADJ
ftr-471	69	23	allocations	allocation	NOUN
ftr-471	69	24	.	.	PUNCT
ftr-471	70	1	the	the	DET
ftr-471	70	2	article	article	NOUN
ftr-471	70	3	concludes	conclude	VERB
ftr-471	70	4	that	that	SCONJ
ftr-471	70	5	improvement	improvement	NOUN
ftr-471	70	6	of	of	ADP
ftr-471	70	7	the	the	DET
ftr-471	70	8	existing	exist	VERB
ftr-471	70	9	nonrecognition	nonrecognition	NOUN
ftr-471	70	10	regime	regime	NOUN
ftr-471	70	11	,	,	PUNCT
ftr-471	70	12	rather	rather	ADV
ftr-471	70	13	than	than	ADP
ftr-471	70	14	a	a	DET
ftr-471	70	15	radical	radical	ADJ
ftr-471	70	16	shift	shift	NOUN
ftr-471	70	17	toward	toward	ADP
ftr-471	70	18	entity	entity	NOUN
ftr-471	70	19	-	-	PUNCT
ftr-471	70	20	level	level	NOUN
ftr-471	70	21	taxation	taxation	NOUN
ftr-471	70	22	,	,	PUNCT
ftr-471	70	23	is	be	AUX
ftr-471	70	24	both	both	PRON
ftr-471	70	25	practicable	practicable	ADJ
ftr-471	70	26	and	and	CCONJ
ftr-471	70	27	desirable	desirable	ADJ
ftr-471	70	28	.	.	PUNCT
ftr-471	71	1	ii	ii	PROPN
ftr-471	71	2	.	.	PUNCT
ftr-471	72	1	hot	hot	ADJ
ftr-471	72	2	asset	asset	NOUN
ftr-471	72	3	exchanges	exchange	NOUN
ftr-471	72	4	:	:	PUNCT
ftr-471	72	5	the	the	DET
ftr-471	72	6	statutory	statutory	ADJ
ftr-471	72	7	framework	framework	NOUN
ftr-471	72	8	a.	a.	NOUN
ftr-471	72	9	goals	goal	NOUN
ftr-471	72	10	and	and	CCONJ
ftr-471	72	11	shortcomings	shortcoming	NOUN
ftr-471	72	12	of	of	ADP
ftr-471	72	13	section	section	NOUN
ftr-471	72	14	751(b	751(b	PROPN
ftr-471	72	15	)	)	PUNCT
ftr-471	72	16	in	in	ADP
ftr-471	72	17	1954	1954	NUM
ftr-471	73	1	,	,	PUNCT
ftr-471	73	2	the	the	DET
ftr-471	73	3	ali	ali	PROPN
ftr-471	73	4	identified	identify	VERB
ftr-471	73	5	several	several	ADJ
ftr-471	73	6	major	major	ADJ
ftr-471	73	7	policy	policy	NOUN
ftr-471	73	8	objectives	objective	NOUN
ftr-471	73	9	concerning	concern	VERB
ftr-471	73	10	the	the	DET
ftr-471	73	11	treatment	treatment	NOUN
ftr-471	73	12	of	of	ADP
ftr-471	73	13	partnership	partnership	NOUN
ftr-471	73	14	distributions	distribution	NOUN
ftr-471	73	15	.	.	PUNCT
ftr-471	74	1	3	3	NUM
ftr-471	74	2	it	it	PRON
ftr-471	74	3	was	be	AUX
ftr-471	74	4	considered	consider	VERB
ftr-471	74	5	desirable	desirable	ADJ
ftr-471	74	6	to	to	PART
ftr-471	74	7	defer	defer	VERB
ftr-471	74	8	recognition	recognition	NOUN
ftr-471	74	9	of	of	ADP
ftr-471	74	10	gain	gain	NOUN
ftr-471	74	11	whenever	whenever	SCONJ
ftr-471	74	12	a	a	DET
ftr-471	74	13	liquidating	liquidating	NOUN
ftr-471	74	14	distribution	distribution	NOUN
ftr-471	74	15	consisted	consist	VERB
ftr-471	74	16	mainly	mainly	ADV
ftr-471	74	17	of	of	ADP
ftr-471	74	18	property	property	NOUN
ftr-471	74	19	other	other	ADJ
ftr-471	74	20	than	than	ADP
ftr-471	74	21	cash	cash	NOUN
ftr-471	74	22	,	,	PUNCT
ftr-471	74	23	on	on	ADP
ftr-471	74	24	the	the	DET
ftr-471	74	25	ground	ground	NOUN
ftr-471	74	26	that	that	SCONJ
ftr-471	74	27	immediate	immediate	ADJ
ftr-471	74	28	taxation	taxation	NOUN
ftr-471	74	29	might	might	AUX
ftr-471	74	30	impede	impede	VERB
ftr-471	74	31	flexibility	flexibility	NOUN
ftr-471	74	32	in	in	ADP
ftr-471	74	33	the	the	DET
ftr-471	74	34	choice	choice	NOUN
ftr-471	74	35	of	of	ADP
ftr-471	74	36	business	business	NOUN
ftr-471	74	37	form	form	NOUN
ftr-471	74	38	.	.	PUNCT
ftr-471	75	1	4	4	NUM
ftr-471	75	2	to	to	PART
ftr-471	75	3	avoid	avoid	VERB
ftr-471	75	4	possible	possible	ADJ
ftr-471	75	5	"	"	PUNCT
ftr-471	75	6	confusion	confusion	NOUN
ftr-471	75	7	,	,	PUNCT
ftr-471	75	8	"	"	PUNCT
ftr-471	75	9	the	the	DET
ftr-471	75	10	ali	ali	PROPN
ftr-471	75	11	considered	consider	VERB
ftr-471	75	12	that	that	SCONJ
ftr-471	75	13	distributions	distribution	NOUN
ftr-471	75	14	in	in	ADP
ftr-471	75	15	partial	partial	ADJ
ftr-471	75	16	liquidation	liquidation	NOUN
ftr-471	75	17	of	of	ADP
ftr-471	75	18	a	a	DET
ftr-471	75	19	partner	partner	NOUN
ftr-471	75	20	's	's	PART
ftr-471	75	21	interest	interest	NOUN
ftr-471	75	22	should	should	AUX
ftr-471	75	23	be	be	AUX
ftr-471	75	24	treated	treat	VERB
ftr-471	75	25	under	under	ADP
ftr-471	75	26	the	the	DET
ftr-471	75	27	same	same	ADJ
ftr-471	75	28	rules	rule	NOUN
ftr-471	75	29	as	as	ADP
ftr-471	75	30	current	current	ADJ
ftr-471	75	31	distributions	distribution	NOUN
ftr-471	75	32	that	that	PRON
ftr-471	75	33	do	do	AUX
ftr-471	75	34	not	not	PART
ftr-471	75	35	reduce	reduce	VERB
ftr-471	75	36	a	a	DET
ftr-471	75	37	partner	partner	NOUN
ftr-471	75	38	's	's	PART
ftr-471	75	39	interest.1	interest.1	PROPN
ftr-471	75	40	5	5	NUM
ftr-471	75	41	another	another	DET
ftr-471	75	42	major	major	ADJ
ftr-471	75	43	objective	objective	NOUN
ftr-471	75	44	was	be	AUX
ftr-471	75	45	to	to	PART
ftr-471	75	46	prevent	prevent	VERB
ftr-471	75	47	the	the	DET
ftr-471	75	48	use	use	NOUN
ftr-471	75	49	of	of	ADP
ftr-471	75	50	partnership	partnership	NOUN
ftr-471	75	51	distributions	distribution	NOUN
ftr-471	75	52	as	as	ADP
ftr-471	75	53	a	a	DET
ftr-471	75	54	technique	technique	NOUN
ftr-471	75	55	for	for	ADP
ftr-471	75	56	converting	convert	VERB
ftr-471	75	57	ordinary	ordinary	ADJ
ftr-471	75	58	income	income	NOUN
ftr-471	75	59	into	into	ADP
ftr-471	75	60	capital	capital	NOUN
ftr-471	75	61	gain	gain	NOUN
ftr-471	75	62	.	.	PUNCT
ftr-471	76	1	6	6	NUM
ftr-471	76	2	finally	finally	ADV
ftr-471	76	3	,	,	PUNCT
ftr-471	76	4	the	the	DET
ftr-471	76	5	ali	ali	PROPN
ftr-471	76	6	sought	seek	VERB
ftr-471	76	7	to	to	PART
ftr-471	76	8	ensure	ensure	VERB
ftr-471	76	9	consistent	consistent	ADJ
ftr-471	76	10	taxation	taxation	NOUN
ftr-471	76	11	of	of	ADP
ftr-471	76	12	a	a	DET
ftr-471	76	13	disposition	disposition	NOUN
ftr-471	76	14	of	of	ADP
ftr-471	76	15	a	a	DET
ftr-471	76	16	business	business	NOUN
ftr-471	76	17	interest	interest	NOUN
ftr-471	76	18	by	by	ADP
ftr-471	76	19	providing	provide	VERB
ftr-471	76	20	similar	similar	ADJ
ftr-471	76	21	treatment	treatment	NOUN
ftr-471	76	22	for	for	ADP
ftr-471	76	23	a	a	DET
ftr-471	76	24	sale	sale	NOUN
ftr-471	76	25	of	of	ADP
ftr-471	76	26	a	a	DET
ftr-471	76	27	partnership	partnership	NOUN
ftr-471	76	28	interest	interest	NOUN
ftr-471	76	29	and	and	CCONJ
ftr-471	76	30	a	a	DET
ftr-471	76	31	sale	sale	NOUN
ftr-471	76	32	of	of	ADP
ftr-471	76	33	partnership	partnership	NOUN
ftr-471	76	34	assets	asset	NOUN
ftr-471	76	35	followed	follow	VERB
ftr-471	76	36	by	by	ADP
ftr-471	76	37	a	a	DET
ftr-471	76	38	distribution	distribution	NOUN
ftr-471	76	39	.	.	PUNCT
ftr-471	77	1	7	7	NUM
ftr-471	77	2	from	from	ADP
ftr-471	77	3	the	the	DET
ftr-471	77	4	outset	outset	NOUN
ftr-471	77	5	,	,	PUNCT
ftr-471	77	6	the	the	DET
ftr-471	77	7	disproportionate	disproportionate	ADJ
ftr-471	77	8	distribution	distribution	NOUN
ftr-471	77	9	rules	rule	NOUN
ftr-471	77	10	of	of	ADP
ftr-471	77	11	section	section	NOUN
ftr-471	77	12	751	751	NUM
ftr-471	77	13	(	(	PUNCT
ftr-471	77	14	b	b	NOUN
ftr-471	77	15	)	)	PUNCT
ftr-471	77	16	represented	represent	VERB
ftr-471	77	17	the	the	DET
ftr-471	77	18	most	most	ADV
ftr-471	77	19	significant	significant	ADJ
ftr-471	77	20	exception	exception	NOUN
ftr-471	77	21	to	to	ADP
ftr-471	77	22	the	the	DET
ftr-471	77	23	broad	broad	ADJ
ftr-471	77	24	nonrecognition	nonrecognition	NOUN
ftr-471	77	25	scheme	scheme	NOUN
ftr-471	77	26	for	for	ADP
ftr-471	77	27	current	current	ADJ
ftr-471	77	28	and	and	CCONJ
ftr-471	77	29	liquidating	liquidating	NOUN
ftr-471	77	30	distributions	distribution	NOUN
ftr-471	77	31	.	.	PUNCT
ftr-471	78	1	section	section	NOUN
ftr-471	78	2	751(b	751(b	PROPN
ftr-471	78	3	)	)	PUNCT
ftr-471	78	4	generally	generally	ADV
ftr-471	78	5	treats	treat	VERB
ftr-471	78	6	a	a	DET
ftr-471	78	7	distribution	distribution	NOUN
ftr-471	78	8	that	that	PRON
ftr-471	78	9	alters	alter	VERB
ftr-471	78	10	the	the	DET
ftr-471	78	11	partners	partner	NOUN
ftr-471	78	12	'	'	PART
ftr-471	78	13	interests	interest	NOUN
ftr-471	78	14	in	in	ADP
ftr-471	78	15	so	so	ADV
ftr-471	78	16	-	-	PUNCT
ftr-471	78	17	called	call	VERB
ftr-471	78	18	"	"	PUNCT
ftr-471	78	19	hot	hot	ADJ
ftr-471	78	20	assets	asset	NOUN
ftr-471	78	21	"	"	PUNCT
ftr-471	78	22	(	(	PUNCT
ftr-471	78	23	defined	define	VERB
ftr-471	78	24	,	,	PUNCT
ftr-471	78	25	for	for	ADP
ftr-471	78	26	this	this	DET
ftr-471	78	27	purpose	purpose	NOUN
ftr-471	78	28	,	,	PUNCT
ftr-471	78	29	as	as	ADP
ftr-471	78	30	unrealized	unrealized	ADJ
ftr-471	78	31	receivables	receivables	NOUN
ftr-471	78	32	and	and	CCONJ
ftr-471	78	33	substantially	substantially	ADV
ftr-471	78	34	appreciated	appreciate	VERB
ftr-471	78	35	inventory	inventory	NOUN
ftr-471	78	36	)	)	PUNCT
ftr-471	78	37	as	as	ADP
ftr-471	78	38	a	a	DET
ftr-471	78	39	deemed	deemed	ADJ
ftr-471	78	40	exchange	exchange	NOUN
ftr-471	78	41	between	between	ADP
ftr-471	78	42	the	the	DET
ftr-471	78	43	partnership	partnership	NOUN
ftr-471	78	44	and	and	CCONJ
ftr-471	78	45	the	the	DET
ftr-471	78	46	distributee	distributee	NOUN
ftr-471	78	47	partner	partner	NOUN
ftr-471	78	48	.	.	PUNCT
ftr-471	78	49	'8	'8	PROPN
ftr-471	78	50	section	section	PROPN
ftr-471	78	51	751(b	751(b	PROPN
ftr-471	78	52	)	)	PUNCT
ftr-471	78	53	serves	serve	VERB
ftr-471	78	54	two	two	NUM
ftr-471	78	55	related	related	ADJ
ftr-471	78	56	13	13	NUM
ftr-471	78	57	.	.	PUNCT
ftr-471	79	1	the	the	DET
ftr-471	79	2	ali	ali	PROPN
ftr-471	79	3	described	describe	VERB
ftr-471	79	4	partnership	partnership	NOUN
ftr-471	79	5	taxation	taxation	NOUN
ftr-471	79	6	under	under	ADP
ftr-471	79	7	the	the	DET
ftr-471	79	8	1939	1939	NUM
ftr-471	79	9	code	code	NOUN
ftr-471	79	10	as	as	ADP
ftr-471	79	11	"	"	PUNCT
ftr-471	79	12	one	one	NUM
ftr-471	79	13	of	of	ADP
ftr-471	79	14	the	the	DET
ftr-471	79	15	most	most	ADV
ftr-471	79	16	complex	complex	ADJ
ftr-471	79	17	and	and	CCONJ
ftr-471	79	18	confused	confused	ADJ
ftr-471	79	19	subjects	subject	NOUN
ftr-471	79	20	in	in	ADP
ftr-471	79	21	the	the	DET
ftr-471	79	22	entire	entire	ADJ
ftr-471	79	23	area	area	NOUN
ftr-471	79	24	of	of	ADP
ftr-471	79	25	the	the	DET
ftr-471	79	26	income	income	NOUN
ftr-471	79	27	tax	tax	NOUN
ftr-471	79	28	.	.	PUNCT
ftr-471	79	29	"	"	PUNCT
ftr-471	80	1	j.	j.	PROPN
ftr-471	80	2	paul	paul	PROPN
ftr-471	80	3	jackson	jackson	PROPN
ftr-471	80	4	et	et	PROPN
ftr-471	80	5	al	al	PROPN
ftr-471	80	6	.	.	PROPN
ftr-471	80	7	,	,	PUNCT
ftr-471	80	8	a	a	DET
ftr-471	80	9	proposed	propose	VERB
ftr-471	80	10	revision	revision	NOUN
ftr-471	80	11	of	of	ADP
ftr-471	80	12	the	the	DET
ftr-471	80	13	federal	federal	ADJ
ftr-471	80	14	income	income	NOUN
ftr-471	80	15	tax	tax	NOUN
ftr-471	80	16	treatment	treatment	NOUN
ftr-471	80	17	of	of	ADP
ftr-471	80	18	partnerships	partnership	NOUN
ftr-471	80	19	and	and	CCONJ
ftr-471	80	20	partners	partner	NOUN
ftr-471	80	21	-	-	PUNCT
ftr-471	80	22	american	american	PROPN
ftr-471	80	23	law	law	PROPN
ftr-471	80	24	institute	institute	PROPN
ftr-471	80	25	draft	draft	PROPN
ftr-471	80	26	,	,	PUNCT
ftr-471	80	27	9	9	NUM
ftr-471	80	28	tax	tax	NOUN
ftr-471	80	29	l.	l.	PROPN
ftr-471	80	30	rev	rev	PROPN
ftr-471	80	31	.	.	PROPN
ftr-471	80	32	109	109	NUM
ftr-471	80	33	,	,	PUNCT
ftr-471	80	34	112	112	NUM
ftr-471	80	35	(	(	PUNCT
ftr-471	80	36	1954	1954	NUM
ftr-471	80	37	)	)	PUNCT
ftr-471	81	1	[	[	X
ftr-471	81	2	hereinafter	hereinafter	NOUN
ftr-471	81	3	jackson	jackson	PROPN
ftr-471	81	4	et	et	PROPN
ftr-471	81	5	al	al	PROPN
ftr-471	81	6	.	.	PROPN
ftr-471	81	7	,	,	PUNCT
ftr-471	81	8	proposed	propose	VERB
ftr-471	81	9	revision	revision	NOUN
ftr-471	81	10	]	]	X
ftr-471	81	11	.	.	PUNCT
ftr-471	82	1	14	14	NUM
ftr-471	82	2	.	.	PUNCT
ftr-471	83	1	see	see	VERB
ftr-471	83	2	i	i	PRON
ftr-471	83	3	d.	d.	PROPN
ftr-471	83	4	at	at	ADP
ftr-471	83	5	154	154	NUM
ftr-471	83	6	.	.	PUNCT
ftr-471	84	1	15	15	NUM
ftr-471	84	2	.	.	PUNCT
ftr-471	85	1	j.	j.	PROPN
ftr-471	85	2	paul	paul	PROPN
ftr-471	85	3	jackson	jackson	PROPN
ftr-471	85	4	et	et	PROPN
ftr-471	85	5	al	al	PROPN
ftr-471	85	6	.	.	PROPN
ftr-471	85	7	,	,	PUNCT
ftr-471	85	8	the	the	DET
ftr-471	85	9	internal	internal	ADJ
ftr-471	85	10	revenue	revenue	NOUN
ftr-471	85	11	code	code	NOUN
ftr-471	85	12	of	of	ADP
ftr-471	85	13	1954	1954	NUM
ftr-471	85	14	:	:	PUNCT
ftr-471	85	15	partnerships	partnership	NOUN
ftr-471	85	16	,	,	PUNCT
ftr-471	85	17	54	54	NUM
ftr-471	85	18	colum	colum	NOUN
ftr-471	85	19	.	.	PUNCT
ftr-471	86	1	l.	l.	PROPN
ftr-471	86	2	rev	rev	PROPN
ftr-471	86	3	.	.	PROPN
ftr-471	86	4	1183	1183	NUM
ftr-471	86	5	,	,	PUNCT
ftr-471	86	6	1211	1211	NUM
ftr-471	86	7	(	(	PUNCT
ftr-471	86	8	1954	1954	NUM
ftr-471	86	9	)	)	PUNCT
ftr-471	87	1	[	[	X
ftr-471	87	2	hereinafter	hereinafter	NOUN
ftr-471	87	3	jackson	jackson	PROPN
ftr-471	87	4	et	et	PROPN
ftr-471	87	5	al	al	PROPN
ftr-471	87	6	.	.	PROPN
ftr-471	87	7	,	,	PUNCT
ftr-471	87	8	partnerships	partnership	NOUN
ftr-471	87	9	]	]	PUNCT
ftr-471	87	10	(	(	PUNCT
ftr-471	87	11	noting	note	VERB
ftr-471	87	12	that	that	SCONJ
ftr-471	87	13	"	"	PUNCT
ftr-471	87	14	[	[	X
ftr-471	87	15	a	a	X
ftr-471	87	16	]	]	X
ftr-471	87	17	rule	rule	NOUN
ftr-471	87	18	requiring	require	VERB
ftr-471	87	19	recognition	recognition	NOUN
ftr-471	87	20	of	of	ADP
ftr-471	87	21	gain	gain	NOUN
ftr-471	87	22	or	or	CCONJ
ftr-471	87	23	loss	loss	NOUN
ftr-471	87	24	every	every	DET
ftr-471	87	25	time	time	NOUN
ftr-471	87	26	a	a	DET
ftr-471	87	27	distribution	distribution	NOUN
ftr-471	87	28	reduced	reduce	VERB
ftr-471	87	29	a	a	DET
ftr-471	87	30	partner	partner	NOUN
ftr-471	87	31	's	's	PART
ftr-471	87	32	interest	interest	NOUN
ftr-471	87	33	would	would	AUX
ftr-471	87	34	be	be	AUX
ftr-471	87	35	complex	complex	ADJ
ftr-471	87	36	to	to	PART
ftr-471	87	37	apply	apply	VERB
ftr-471	87	38	"	"	PUNCT
ftr-471	87	39	)	)	PUNCT
ftr-471	87	40	.	.	PUNCT
ftr-471	88	1	16	16	NUM
ftr-471	88	2	.	.	PUNCT
ftr-471	89	1	see	see	PROPN
ftr-471	89	2	jackson	jackson	PROPN
ftr-471	89	3	et	et	PROPN
ftr-471	89	4	al	al	PROPN
ftr-471	89	5	.	.	PROPN
ftr-471	89	6	,	,	PUNCT
ftr-471	89	7	proposed	propose	VERB
ftr-471	89	8	revision	revision	NOUN
ftr-471	89	9	,	,	PUNCT
ftr-471	89	10	supra	supra	PROPN
ftr-471	89	11	note	note	NOUN
ftr-471	89	12	13	13	NUM
ftr-471	89	13	,	,	PUNCT
ftr-471	89	14	at	at	ADP
ftr-471	89	15	154	154	NUM
ftr-471	89	16	.	.	PUNCT
ftr-471	90	1	17	17	NUM
ftr-471	90	2	.	.	PUNCT
ftr-471	91	1	see	see	VERB
ftr-471	91	2	i	i	PRON
ftr-471	91	3	d.	d.	PROPN
ftr-471	91	4	18	18	NUM
ftr-471	91	5	.	.	PUNCT
ftr-471	92	1	see	see	VERB
ftr-471	92	2	irc	irc	PROPN
ftr-471	92	3	§	§	PROPN
ftr-471	92	4	751(c	751(c	PROPN
ftr-471	92	5	)	)	PUNCT
ftr-471	92	6	,	,	PUNCT
ftr-471	92	7	(	(	PUNCT
ftr-471	92	8	d	d	NOUN
ftr-471	92	9	)	)	PUNCT
ftr-471	92	10	.	.	PUNCT
ftr-471	93	1	the	the	DET
ftr-471	93	2	budget	budget	NOUN
ftr-471	93	3	reconciliation	reconciliation	NOUN
ftr-471	93	4	act	act	NOUN
ftr-471	93	5	of	of	ADP
ftr-471	93	6	1993	1993	NUM
ftr-471	93	7	amended	amend	VERB
ftr-471	93	8	the	the	DET
ftr-471	93	9	"	"	PUNCT
ftr-471	93	10	substantial	substantial	ADJ
ftr-471	93	11	appreciation	appreciation	NOUN
ftr-471	93	12	"	"	PUNCT
ftr-471	93	13	test	test	NOUN
ftr-471	93	14	and	and	CCONJ
ftr-471	93	15	added	add	VERB
ftr-471	93	16	a	a	DET
ftr-471	93	17	new	new	ADJ
ftr-471	93	18	anti	anti	ADJ
ftr-471	93	19	-	-	ADJ
ftr-471	93	20	abuse	abuse	ADJ
ftr-471	93	21	rule	rule	NOUN
ftr-471	93	22	for	for	ADP
ftr-471	93	23	inventory	inventory	NOUN
ftr-471	93	24	acquired	acquire	VERB
ftr-471	93	25	for	for	ADP
ftr-471	93	26	a	a	DET
ftr-471	93	27	"	"	PUNCT
ftr-471	93	28	principal	principal	ADJ
ftr-471	93	29	purpose	purpose	NOUN
ftr-471	93	30	"	"	PUNCT
ftr-471	93	31	of	of	ADP
ftr-471	93	32	manipulating	manipulate	VERB
ftr-471	93	33	the	the	DET
ftr-471	93	34	test	test	NOUN
ftr-471	93	35	.	.	PUNCT
ftr-471	94	1	see	see	VERB
ftr-471	94	2	pub	pub	NOUN
ftr-471	94	3	.	.	PUNCT
ftr-471	95	1	l.	l.	PROPN
ftr-471	95	2	no	no	INTJ
ftr-471	95	3	.	.	PROPN
ftr-471	96	1	103	103	NUM
ftr-471	96	2	-	-	SYM
ftr-471	96	3	66	66	NUM
ftr-471	96	4	,	,	PUNCT
ftr-471	96	5	§	§	PROPN
ftr-471	96	6	13206(e)(1	13206(e)(1	NUM
ftr-471	96	7	)	)	PUNCT
ftr-471	96	8	,	,	PUNCT
ftr-471	96	9	107	107	NUM
ftr-471	96	10	stat	stat	NOUN
ftr-471	96	11	.	.	PUNCT
ftr-471	97	1	467	467	NUM
ftr-471	97	2	(	(	PUNCT
ftr-471	97	3	amending	amend	VERB
ftr-471	97	4	§	§	PROPN
ftr-471	97	5	751	751	NUM
ftr-471	97	6	(	(	PUNCT
ftr-471	97	7	d)(1	d)(1	NOUN
ftr-471	97	8	)	)	PUNCT
ftr-471	97	9	)	)	PUNCT
ftr-471	97	10	.	.	PUNCT
ftr-471	98	1	the	the	DET
ftr-471	98	2	1997	1997	NUM
ftr-471	98	3	act	act	NOUN
ftr-471	98	4	eliminated	eliminate	VERB
ftr-471	98	5	the	the	DET
ftr-471	98	6	substantial	substantial	ADJ
ftr-471	98	7	appreciation	appreciation	NOUN
ftr-471	98	8	requirement	requirement	NOUN
ftr-471	99	1	[	[	X
ftr-471	99	2	vol	vol	NOUN
ftr-471	99	3	3:12	3:12	NUM
ftr-471	99	4	partnership	partnership	NOUN
ftr-471	99	5	distributions	distribution	NOUN
ftr-471	99	6	:	:	PUNCT
ftr-471	99	7	options	option	NOUN
ftr-471	99	8	for	for	ADP
ftr-471	99	9	reform	reform	NOUN
ftr-471	99	10	purposes	purpose	NOUN
ftr-471	99	11	:	:	PUNCT
ftr-471	99	12	(	(	PUNCT
ftr-471	99	13	1	1	X
ftr-471	99	14	)	)	PUNCT
ftr-471	99	15	to	to	PART
ftr-471	99	16	prevent	prevent	VERB
ftr-471	99	17	the	the	DET
ftr-471	99	18	conversion	conversion	NOUN
ftr-471	99	19	of	of	ADP
ftr-471	99	20	ordinary	ordinary	ADJ
ftr-471	99	21	income	income	NOUN
ftr-471	99	22	into	into	ADP
ftr-471	99	23	capital	capital	NOUN
ftr-471	99	24	gain	gain	NOUN
ftr-471	99	25	and	and	CCONJ
ftr-471	99	26	(	(	PUNCT
ftr-471	99	27	2	2	NUM
ftr-471	99	28	)	)	PUNCT
ftr-471	99	29	to	to	PART
ftr-471	99	30	prevent	prevent	VERB
ftr-471	99	31	shifting	shift	VERB
ftr-471	99	32	of	of	ADP
ftr-471	99	33	ordinary	ordinary	ADJ
ftr-471	99	34	income	income	NOUN
ftr-471	99	35	among	among	ADP
ftr-471	99	36	partners	partner	NOUN
ftr-471	99	37	.	.	PUNCT
ftr-471	100	1	"9	"9	VERB
ftr-471	100	2	the	the	DET
ftr-471	100	3	legislative	legislative	ADJ
ftr-471	100	4	history	history	NOUN
ftr-471	100	5	indicates	indicate	VERB
ftr-471	100	6	that	that	SCONJ
ftr-471	100	7	section	section	NOUN
ftr-471	100	8	75	75	NUM
ftr-471	100	9	1(b	1(b	NUM
ftr-471	100	10	)	)	PUNCT
ftr-471	100	11	was	be	AUX
ftr-471	100	12	originally	originally	ADV
ftr-471	100	13	intended	intend	VERB
ftr-471	100	14	primarily	primarily	ADV
ftr-471	100	15	as	as	ADP
ftr-471	100	16	a	a	DET
ftr-471	100	17	backstop	backstop	NOUN
ftr-471	100	18	to	to	PART
ftr-471	100	19	section	section	VERB
ftr-471	100	20	751	751	NUM
ftr-471	100	21	(	(	PUNCT
ftr-471	100	22	a	a	NOUN
ftr-471	100	23	)	)	PUNCT
ftr-471	100	24	,	,	PUNCT
ftr-471	100	25	which	which	PRON
ftr-471	100	26	requires	require	VERB
ftr-471	100	27	a	a	DET
ftr-471	100	28	selling	selling	NOUN
ftr-471	100	29	partner	partner	NOUN
ftr-471	100	30	to	to	PART
ftr-471	100	31	treat	treat	VERB
ftr-471	100	32	a	a	DET
ftr-471	100	33	portion	portion	NOUN
ftr-471	100	34	of	of	ADP
ftr-471	100	35	her	her	PRON
ftr-471	100	36	gain	gain	NOUN
ftr-471	100	37	as	as	ADP
ftr-471	100	38	ordinary	ordinary	ADJ
ftr-471	100	39	income	income	NOUN
ftr-471	100	40	on	on	ADP
ftr-471	100	41	a	a	DET
ftr-471	100	42	sale	sale	NOUN
ftr-471	100	43	of	of	ADP
ftr-471	100	44	a	a	DET
ftr-471	100	45	partnership	partnership	NOUN
ftr-471	100	46	interest	interest	NOUN
ftr-471	100	47	.	.	PUNCT
ftr-471	100	48	'	'	PUNCT
ftr-471	101	1	although	although	SCONJ
ftr-471	101	2	the	the	DET
ftr-471	101	3	house	house	PROPN
ftr-471	101	4	version	version	NOUN
ftr-471	101	5	of	of	ADP
ftr-471	101	6	section	section	NOUN
ftr-471	101	7	751	751	NUM
ftr-471	101	8	applied	apply	VERB
ftr-471	101	9	to	to	ADP
ftr-471	101	10	both	both	DET
ftr-471	101	11	sales	sale	NOUN
ftr-471	101	12	and	and	CCONJ
ftr-471	101	13	cash	cash	NOUN
ftr-471	101	14	liquidating	liquidating	NOUN
ftr-471	101	15	distributions	distribution	NOUN
ftr-471	101	16	,	,	PUNCT
ftr-471	101	17	2	2	X
ftr-471	101	18	'	'	PUNCT
ftr-471	101	19	the	the	DET
ftr-471	101	20	senate	senate	PROPN
ftr-471	101	21	added	add	VERB
ftr-471	101	22	a	a	DET
ftr-471	101	23	separate	separate	ADJ
ftr-471	101	24	provision	provision	NOUN
ftr-471	101	25	,	,	PUNCT
ftr-471	101	26	section	section	NOUN
ftr-471	101	27	751(b	751(b	PROPN
ftr-471	101	28	)	)	PUNCT
ftr-471	101	29	,	,	PUNCT
ftr-471	101	30	applicable	applicable	ADJ
ftr-471	101	31	to	to	ADP
ftr-471	101	32	"	"	PUNCT
ftr-471	101	33	certain	certain	ADJ
ftr-471	101	34	distributions	distribution	NOUN
ftr-471	101	35	treated	treat	VERB
ftr-471	101	36	as	as	ADP
ftr-471	101	37	sales	sale	NOUN
ftr-471	101	38	or	or	CCONJ
ftr-471	101	39	exchanges	exchange	NOUN
ftr-471	101	40	.	.	PUNCT
ftr-471	101	41	"	"	PUNCT
ftr-471	102	1	22	22	NUM
ftr-471	102	2	section	section	NOUN
ftr-471	102	3	751(b	751(b	PROPN
ftr-471	102	4	)	)	PUNCT
ftr-471	102	5	was	be	AUX
ftr-471	102	6	apparently	apparently	ADV
ftr-471	102	7	added	add	VERB
ftr-471	102	8	in	in	ADP
ftr-471	102	9	response	response	NOUN
ftr-471	102	10	to	to	ADP
ftr-471	102	11	objections	objection	NOUN
ftr-471	102	12	that	that	SCONJ
ftr-471	102	13	the	the	DET
ftr-471	102	14	house	house	PROPN
ftr-471	102	15	version	version	NOUN
ftr-471	102	16	applied	apply	VERB
ftr-471	102	17	to	to	ADP
ftr-471	102	18	cash	cash	NOUN
ftr-471	102	19	distributions	distribution	NOUN
ftr-471	102	20	,	,	PUNCT
ftr-471	102	21	but	but	CCONJ
ftr-471	102	22	not	not	PART
ftr-471	102	23	to	to	PART
ftr-471	102	24	inkind	inkind	VERB
ftr-471	102	25	distributions	distribution	NOUN
ftr-471	102	26	of	of	ADP
ftr-471	102	27	section	section	NOUN
ftr-471	102	28	751	751	NUM
ftr-471	102	29	property	property	NOUN
ftr-471	102	30	.	.	PUNCT
ftr-471	102	31	'	'	PUNCT
ftr-471	103	1	in	in	ADP
ftr-471	103	2	the	the	DET
ftr-471	103	3	case	case	NOUN
ftr-471	103	4	of	of	ADP
ftr-471	103	5	a	a	DET
ftr-471	103	6	cash	cash	NOUN
ftr-471	103	7	liquidating	liquidating	NOUN
ftr-471	103	8	distribution	distribution	NOUN
ftr-471	103	9	,	,	PUNCT
ftr-471	103	10	section	section	NOUN
ftr-471	103	11	751(b	751(b	PROPN
ftr-471	103	12	)	)	PUNCT
ftr-471	103	13	serves	serve	VERB
ftr-471	103	14	much	much	ADV
ftr-471	103	15	the	the	DET
ftr-471	103	16	same	same	ADJ
ftr-471	103	17	function	function	NOUN
ftr-471	103	18	as	as	ADP
ftr-471	103	19	section	section	NOUN
ftr-471	103	20	75	75	NUM
ftr-471	103	21	1(a	1(a	NUM
ftr-471	103	22	)	)	PUNCT
ftr-471	103	23	,	,	PUNCT
ftr-471	103	24	the	the	DET
ftr-471	103	25	conceptually	conceptually	ADV
ftr-471	103	26	simpler	simple	ADJ
ftr-471	103	27	provision	provision	NOUN
ftr-471	103	28	relating	relate	VERB
ftr-471	103	29	to	to	ADP
ftr-471	103	30	sales	sale	NOUN
ftr-471	103	31	of	of	ADP
ftr-471	103	32	partnership	partnership	NOUN
ftr-471	103	33	interests	interest	NOUN
ftr-471	103	34	.	.	PUNCT
ftr-471	104	1	where	where	SCONJ
ftr-471	104	2	applicable	applicable	ADJ
ftr-471	104	3	,	,	PUNCT
ftr-471	104	4	section	section	NOUN
ftr-471	104	5	751(b	751(b	PROPN
ftr-471	104	6	)	)	PUNCT
ftr-471	104	7	requires	require	VERB
ftr-471	104	8	that	that	SCONJ
ftr-471	104	9	the	the	DET
ftr-471	104	10	distributee	distributee	NOUN
ftr-471	104	11	partner	partner	NOUN
ftr-471	104	12	treat	treat	VERB
ftr-471	104	13	a	a	DET
ftr-471	104	14	portion	portion	NOUN
ftr-471	104	15	of	of	ADP
ftr-471	104	16	the	the	DET
ftr-471	104	17	liquidating	liquidating	NOUN
ftr-471	104	18	distribution	distribution	NOUN
ftr-471	104	19	as	as	ADP
ftr-471	104	20	ordinary	ordinary	ADJ
ftr-471	104	21	income	income	NOUN
ftr-471	104	22	just	just	ADV
ftr-471	104	23	as	as	SCONJ
ftr-471	104	24	if	if	SCONJ
ftr-471	104	25	she	she	PRON
ftr-471	104	26	had	have	AUX
ftr-471	104	27	sold	sell	VERB
ftr-471	104	28	her	her	PRON
ftr-471	104	29	partnership	partnership	NOUN
ftr-471	104	30	interest	interest	NOUN
ftr-471	104	31	to	to	ADP
ftr-471	104	32	an	an	DET
ftr-471	104	33	outsider	outsider	NOUN
ftr-471	104	34	or	or	CCONJ
ftr-471	104	35	to	to	ADP
ftr-471	104	36	the	the	DET
ftr-471	104	37	continuing	continue	VERB
ftr-471	104	38	partners.24	partners.24	NOUN
ftr-471	104	39	since	since	SCONJ
ftr-471	104	40	the	the	DET
ftr-471	104	41	continuing	continue	VERB
ftr-471	104	42	partners	partner	NOUN
ftr-471	104	43	are	be	AUX
ftr-471	104	44	in	in	ADP
ftr-471	104	45	effect	effect	NOUN
ftr-471	104	46	acquiring	acquire	VERB
ftr-471	104	47	the	the	DET
ftr-471	104	48	distributee	distributee	NOUN
ftr-471	104	49	's	's	PART
ftr-471	104	50	interest	interest	NOUN
ftr-471	104	51	,	,	PUNCT
ftr-471	104	52	the	the	DET
ftr-471	104	53	implicit	implicit	ADJ
ftr-471	104	54	purchase	purchase	NOUN
ftr-471	104	55	price	price	NOUN
ftr-471	104	56	should	should	AUX
ftr-471	104	57	be	be	AUX
ftr-471	104	58	reflected	reflect	VERB
ftr-471	104	59	in	in	ADP
ftr-471	104	60	their	their	PRON
ftr-471	104	61	basis	basis	NOUN
ftr-471	104	62	in	in	ADP
ftr-471	104	63	the	the	DET
ftr-471	104	64	partnership	partnership	NOUN
ftr-471	104	65	's	's	PART
ftr-471	104	66	assets	asset	NOUN
ftr-471	104	67	.	.	PUNCT
ftr-471	105	1	any	any	DET
ftr-471	105	2	partnership	partnership	NOUN
ftr-471	105	3	assets	asset	NOUN
ftr-471	105	4	involved	involve	VERB
ftr-471	105	5	in	in	ADP
ftr-471	105	6	the	the	DET
ftr-471	105	7	section	section	NOUN
ftr-471	105	8	751(b	751(b	PROPN
ftr-471	105	9	)	)	PUNCT
ftr-471	105	10	exchange	exchange	NOUN
ftr-471	105	11	take	take	VERB
ftr-471	105	12	a	a	DET
ftr-471	105	13	"	"	PUNCT
ftr-471	105	14	cost	cost	NOUN
ftr-471	105	15	"	"	PUNCT
ftr-471	105	16	basis	basis	NOUN
ftr-471	105	17	in	in	ADP
ftr-471	105	18	the	the	DET
ftr-471	105	19	in	in	ADP
ftr-471	105	20	connection	connection	NOUN
ftr-471	105	21	with	with	ADP
ftr-471	105	22	sales	sale	NOUN
ftr-471	105	23	of	of	ADP
ftr-471	105	24	partnership	partnership	NOUN
ftr-471	105	25	interests	interest	NOUN
ftr-471	105	26	.	.	PUNCT
ftr-471	106	1	see	see	VERB
ftr-471	106	2	irc	irc	PROPN
ftr-471	106	3	§	§	PROPN
ftr-471	106	4	751(a	751(a	PROPN
ftr-471	106	5	)	)	PUNCT
ftr-471	106	6	,	,	PUNCT
ftr-471	106	7	(	(	PUNCT
ftr-471	106	8	b	b	X
ftr-471	106	9	)	)	PUNCT
ftr-471	106	10	(	(	PUNCT
ftr-471	106	11	as	as	SCONJ
ftr-471	106	12	amended	amend	VERB
ftr-471	106	13	by	by	ADP
ftr-471	106	14	the	the	DET
ftr-471	106	15	1997	1997	NUM
ftr-471	106	16	act	act	NOUN
ftr-471	106	17	)	)	PUNCT
ftr-471	106	18	.	.	PUNCT
ftr-471	107	1	the	the	DET
ftr-471	107	2	definition	definition	NOUN
ftr-471	107	3	of	of	ADP
ftr-471	107	4	unrealized	unrealized	ADJ
ftr-471	107	5	receivables	receivables	NOUN
ftr-471	107	6	includes	include	VERB
ftr-471	107	7	certain	certain	ADJ
ftr-471	107	8	recapture	recapture	NOUN
ftr-471	107	9	items	item	NOUN
ftr-471	107	10	.	.	PUNCT
ftr-471	108	1	see	see	VERB
ftr-471	108	2	irc	irc	PROPN
ftr-471	108	3	§	§	PROPN
ftr-471	108	4	751(c	751(c	PROPN
ftr-471	108	5	)	)	PUNCT
ftr-471	108	6	(	(	PUNCT
ftr-471	108	7	flush	flush	ADJ
ftr-471	108	8	language	language	NOUN
ftr-471	108	9	)	)	PUNCT
ftr-471	108	10	.	.	PUNCT
ftr-471	109	1	19	19	NUM
ftr-471	109	2	.	.	X
ftr-471	109	3	see	see	VERB
ftr-471	109	4	william	william	PROPN
ftr-471	109	5	s.	s.	PROPN
ftr-471	109	6	mckee	mckee	PROPN
ftr-471	109	7	et	et	PROPN
ftr-471	109	8	al	al	PROPN
ftr-471	109	9	.	.	PROPN
ftr-471	109	10	,	,	PUNCT
ftr-471	109	11	federal	federal	ADJ
ftr-471	109	12	taxation	taxation	NOUN
ftr-471	109	13	of	of	ADP
ftr-471	109	14	partnerships	partnership	NOUN
ftr-471	109	15	and	and	CCONJ
ftr-471	109	16	partners	partner	NOUN
ftr-471	109	17	21.01[2	21.01[2	NUM
ftr-471	109	18	]	]	X
ftr-471	109	19	,	,	PUNCT
ftr-471	109	20	at	at	ADP
ftr-471	109	21	21	21	NUM
ftr-471	109	22	-	-	SYM
ftr-471	109	23	4	4	NUM
ftr-471	109	24	(	(	PUNCT
ftr-471	109	25	3d	3d	NUM
ftr-471	109	26	ed	ed	NOUN
ftr-471	109	27	.	.	PROPN
ftr-471	109	28	1997	1997	NUM
ftr-471	109	29	)	)	PUNCT
ftr-471	109	30	.	.	PUNCT
ftr-471	110	1	20	20	NUM
ftr-471	110	2	.	.	PUNCT
ftr-471	110	3	see	see	VERB
ftr-471	110	4	irc	irc	PROPN
ftr-471	110	5	§	§	PROPN
ftr-471	110	6	751(a	751(a	PROPN
ftr-471	110	7	)	)	PUNCT
ftr-471	110	8	;	;	PUNCT
ftr-471	110	9	see	see	VERB
ftr-471	110	10	also	also	ADV
ftr-471	110	11	dale	dale	PROPN
ftr-471	110	12	e.	e.	PROPN
ftr-471	110	13	anderson	anderson	PROPN
ftr-471	110	14	&	&	CCONJ
ftr-471	110	15	melvin	melvin	PROPN
ftr-471	110	16	a.	a.	PROPN
ftr-471	110	17	coffee	coffee	PROPN
ftr-471	110	18	,	,	PUNCT
ftr-471	110	19	proposed	propose	VERB
ftr-471	110	20	revision	revision	NOUN
ftr-471	110	21	of	of	ADP
ftr-471	110	22	partner	partner	NOUN
ftr-471	110	23	and	and	CCONJ
ftr-471	110	24	partnership	partnership	NOUN
ftr-471	110	25	taxation	taxation	NOUN
ftr-471	110	26	:	:	PUNCT
ftr-471	110	27	analysis	analysis	NOUN
ftr-471	110	28	of	of	ADP
ftr-471	110	29	the	the	DET
ftr-471	110	30	report	report	NOUN
ftr-471	110	31	of	of	ADP
ftr-471	110	32	the	the	DET
ftr-471	110	33	advisory	advisory	ADJ
ftr-471	110	34	group	group	NOUN
ftr-471	110	35	on	on	ADP
ftr-471	110	36	subchapter	subchapter	NOUN
ftr-471	110	37	k	k	PROPN
ftr-471	110	38	(	(	PUNCT
ftr-471	110	39	second	second	ADJ
ftr-471	110	40	installment	installment	NOUN
ftr-471	110	41	)	)	PUNCT
ftr-471	110	42	,	,	PUNCT
ftr-471	110	43	15	15	NUM
ftr-471	110	44	tax	tax	NOUN
ftr-471	110	45	l.	l.	PROPN
ftr-471	110	46	rev	rev	PROPN
ftr-471	110	47	.	.	PROPN
ftr-471	110	48	497	497	NUM
ftr-471	110	49	,	,	PUNCT
ftr-471	110	50	525	525	NUM
ftr-471	110	51	-	-	SYM
ftr-471	110	52	28	28	NUM
ftr-471	110	53	(	(	PUNCT
ftr-471	110	54	1960	1960	NUM
ftr-471	110	55	)	)	PUNCT
ftr-471	110	56	.	.	PUNCT
ftr-471	111	1	21	21	NUM
ftr-471	111	2	.	.	PUNCT
ftr-471	112	1	according	accord	VERB
ftr-471	112	2	to	to	ADP
ftr-471	112	3	the	the	DET
ftr-471	112	4	house	house	NOUN
ftr-471	112	5	report	report	NOUN
ftr-471	112	6	,	,	PUNCT
ftr-471	112	7	"	"	PUNCT
ftr-471	112	8	it]he	it]he	ADJ
ftr-471	112	9	treatment	treatment	NOUN
ftr-471	112	10	thus	thus	ADV
ftr-471	112	11	provided	provide	VERB
ftr-471	112	12	upon	upon	SCONJ
ftr-471	112	13	the	the	DET
ftr-471	112	14	sale	sale	NOUN
ftr-471	112	15	of	of	ADP
ftr-471	112	16	an	an	DET
ftr-471	112	17	interest	interest	NOUN
ftr-471	112	18	in	in	ADP
ftr-471	112	19	[	[	X
ftr-471	112	20	ordinary	ordinary	ADJ
ftr-471	112	21	income	income	NOUN
ftr-471	112	22	assets	asset	NOUN
ftr-471	112	23	]	]	PUNCT
ftr-471	112	24	is	be	AUX
ftr-471	112	25	also	also	ADV
ftr-471	112	26	extended	extend	VERB
ftr-471	112	27	to	to	ADP
ftr-471	112	28	any	any	DET
ftr-471	112	29	distribution	distribution	NOUN
ftr-471	112	30	by	by	ADP
ftr-471	112	31	the	the	DET
ftr-471	112	32	partnership	partnership	NOUN
ftr-471	112	33	to	to	ADP
ftr-471	112	34	a	a	DET
ftr-471	112	35	partner	partner	NOUN
ftr-471	112	36	which	which	PRON
ftr-471	112	37	has	have	VERB
ftr-471	112	38	the	the	DET
ftr-471	112	39	same	same	ADJ
ftr-471	112	40	effect	effect	NOUN
ftr-471	112	41	as	as	ADP
ftr-471	112	42	a	a	DET
ftr-471	112	43	sale	sale	NOUN
ftr-471	112	44	of	of	ADP
ftr-471	112	45	such	such	ADJ
ftr-471	112	46	ordinary	ordinary	ADJ
ftr-471	112	47	income	income	NOUN
ftr-471	113	1	[	[	X
ftr-471	113	2	assetsl	assetsl	NOUN
ftr-471	113	3	.	.	PUNCT
ftr-471	113	4	"	"	PUNCT
ftr-471	114	1	see	see	VERB
ftr-471	114	2	h.r	h.r	PROPN
ftr-471	114	3	.	.	PROPN
ftr-471	114	4	rep	rep	PROPN
ftr-471	114	5	.	.	PROPN
ftr-471	114	6	no	no	PROPN
ftr-471	114	7	.	.	NOUN
ftr-471	114	8	1337	1337	NUM
ftr-471	114	9	,	,	PUNCT
ftr-471	114	10	83d	83d	X
ftr-471	114	11	cong	cong	PROPN
ftr-471	114	12	.	.	PROPN
ftr-471	114	13	,	,	PUNCT
ftr-471	114	14	2d	2d	PROPN
ftr-471	114	15	sess	sess	NOUN
ftr-471	114	16	.	.	PUNCT
ftr-471	115	1	71	71	NUM
ftr-471	115	2	(	(	PUNCT
ftr-471	115	3	1954	1954	NUM
ftr-471	115	4	)	)	PUNCT
ftr-471	115	5	.	.	PUNCT
ftr-471	116	1	reprinted	reprint	VERB
ftr-471	116	2	in	in	ADP
ftr-471	116	3	1954	1954	NUM
ftr-471	116	4	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-471	116	5	.	.	PUNCT
ftr-471	116	6	4017	4017	NUM
ftr-471	116	7	,	,	PUNCT
ftr-471	116	8	4097	4097	NUM
ftr-471	116	9	.	.	PUNCT
ftr-471	117	1	22	22	NUM
ftr-471	117	2	.	.	PUNCT
ftr-471	118	1	see	see	VERB
ftr-471	118	2	s.	s.	PROPN
ftr-471	118	3	rep	rep	PROPN
ftr-471	118	4	.	.	PROPN
ftr-471	118	5	no	no	PROPN
ftr-471	118	6	.	.	NOUN
ftr-471	118	7	1622	1622	NUM
ftr-471	118	8	,	,	PUNCT
ftr-471	118	9	supra	supra	NOUN
ftr-471	118	10	note	note	NOUN
ftr-471	118	11	4	4	NUM
ftr-471	118	12	,	,	PUNCT
ftr-471	118	13	at	at	ADP
ftr-471	118	14	98	98	NUM
ftr-471	118	15	-	-	SYM
ftr-471	118	16	99	99	NUM
ftr-471	118	17	(	(	PUNCT
ftr-471	118	18	1954	1954	NUM
ftr-471	118	19	)	)	PUNCT
ftr-471	118	20	.	.	PUNCT
ftr-471	119	1	reprinted	reprint	VERB
ftr-471	119	2	in	in	ADP
ftr-471	119	3	1954	1954	NUM
ftr-471	119	4	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-471	119	5	.	.	PUNCT
ftr-471	120	1	at	at	ADP
ftr-471	120	2	5034	5034	NUM
ftr-471	120	3	;	;	PUNCT
ftr-471	120	4	see	see	VERB
ftr-471	120	5	also	also	ADV
ftr-471	120	6	anderson	anderson	PROPN
ftr-471	120	7	&	&	CCONJ
ftr-471	120	8	coffee	coffee	PROPN
ftr-471	120	9	,	,	PUNCT
ftr-471	120	10	supra	supra	PROPN
ftr-471	120	11	note	note	NOUN
ftr-471	120	12	20	20	NUM
ftr-471	120	13	.	.	PUNCT
ftr-471	121	1	at	at	ADP
ftr-471	121	2	528	528	NUM
ftr-471	121	3	(	(	PUNCT
ftr-471	121	4	"	"	PUNCT
ftr-471	121	5	in	in	ADP
ftr-471	121	6	effect	effect	NOUN
ftr-471	121	7	,	,	PUNCT
ftr-471	121	8	the	the	DET
ftr-471	121	9	senate	senate	PROPN
ftr-471	121	10	prevented	prevent	VERB
ftr-471	121	11	the	the	DET
ftr-471	121	12	avoidance	avoidance	NOUN
ftr-471	121	13	of	of	ADP
ftr-471	121	14	the	the	DET
ftr-471	121	15	rules	rule	NOUN
ftr-471	121	16	of	of	ADP
ftr-471	121	17	section	section	NOUN
ftr-471	121	18	751(a	751(a	NUM
ftr-471	121	19	)	)	PUNCT
ftr-471	121	20	by	by	ADP
ftr-471	121	21	a	a	DET
ftr-471	121	22	distribution	distribution	NOUN
ftr-471	121	23	of	of	ADP
ftr-471	121	24	section	section	NOUN
ftr-471	121	25	751	751	NUM
ftr-471	121	26	property	property	NOUN
ftr-471	121	27	to	to	ADP
ftr-471	121	28	one	one	NUM
ftr-471	121	29	partner	partner	NOUN
ftr-471	121	30	.	.	PUNCT
ftr-471	121	31	"	"	PUNCT
ftr-471	121	32	)	)	PUNCT
ftr-471	121	33	.	.	PUNCT
ftr-471	122	1	23	23	NUM
ftr-471	122	2	.	.	PUNCT
ftr-471	123	1	the	the	DET
ftr-471	123	2	american	american	PROPN
ftr-471	123	3	bar	bar	PROPN
ftr-471	123	4	association	association	NOUN
ftr-471	123	5	(	(	PUNCT
ftr-471	123	6	a.b.a	a.b.a	NOUN
ftr-471	123	7	.	.	PUNCT
ftr-471	123	8	)	)	PUNCT
ftr-471	123	9	commented	comment	VERB
ftr-471	123	10	that	that	SCONJ
ftr-471	123	11	the	the	DET
ftr-471	123	12	house	house	PROPN
ftr-471	123	13	version	version	NOUN
ftr-471	123	14	would	would	AUX
ftr-471	123	15	permit	permit	VERB
ftr-471	123	16	significant	significant	ADJ
ftr-471	123	17	tax	tax	NOUN
ftr-471	123	18	avoidance	avoidance	NOUN
ftr-471	123	19	if	if	SCONJ
ftr-471	123	20	the	the	DET
ftr-471	123	21	partnership	partnership	NOUN
ftr-471	123	22	's	's	PART
ftr-471	123	23	ordinary	ordinary	ADJ
ftr-471	123	24	income	income	NOUN
ftr-471	123	25	assets	asset	NOUN
ftr-471	123	26	were	be	AUX
ftr-471	123	27	distributed	distribute	VERB
ftr-471	123	28	to	to	ADP
ftr-471	123	29	a	a	DET
ftr-471	123	30	low	low	ADJ
ftr-471	123	31	-	-	PUNCT
ftr-471	123	32	bracket	bracket	NOUN
ftr-471	123	33	taxpayer	taxpayer	NOUN
ftr-471	123	34	.	.	PUNCT
ftr-471	124	1	see	see	VERB
ftr-471	124	2	anderson	anderson	PROPN
ftr-471	124	3	&	&	CCONJ
ftr-471	124	4	coffee	coffee	PROPN
ftr-471	124	5	,	,	PUNCT
ftr-471	124	6	supra	supra	PROPN
ftr-471	124	7	note	note	NOUN
ftr-471	124	8	20	20	NUM
ftr-471	124	9	,	,	PUNCT
ftr-471	124	10	at	at	ADP
ftr-471	124	11	527	527	NUM
ftr-471	124	12	.	.	PUNCT
ftr-471	125	1	24	24	NUM
ftr-471	125	2	.	.	PUNCT
ftr-471	126	1	indeed	indeed	ADV
ftr-471	126	2	,	,	PUNCT
ftr-471	126	3	the	the	DET
ftr-471	126	4	transaction	transaction	NOUN
ftr-471	126	5	could	could	AUX
ftr-471	126	6	be	be	AUX
ftr-471	126	7	structured	structure	VERB
ftr-471	126	8	as	as	ADP
ftr-471	126	9	a	a	DET
ftr-471	126	10	distribution	distribution	NOUN
ftr-471	126	11	of	of	ADP
ftr-471	126	12	cash	cash	NOUN
ftr-471	126	13	to	to	ADP
ftr-471	126	14	the	the	DET
ftr-471	126	15	continuing	continue	VERB
ftr-471	126	16	partners	partner	NOUN
ftr-471	126	17	immediately	immediately	ADV
ftr-471	126	18	following	follow	VERB
ftr-471	126	19	a	a	DET
ftr-471	126	20	purchase	purchase	NOUN
ftr-471	126	21	of	of	ADP
ftr-471	126	22	the	the	DET
ftr-471	126	23	retiring	retire	VERB
ftr-471	126	24	partner	partner	NOUN
ftr-471	126	25	's	's	PART
ftr-471	126	26	interest	interest	NOUN
ftr-471	126	27	.	.	PUNCT
ftr-471	127	1	see	see	PROPN
ftr-471	127	2	andrews	andrews	PROPN
ftr-471	127	3	,	,	PUNCT
ftr-471	127	4	supra	supra	PROPN
ftr-471	127	5	note	note	PROPN
ftr-471	127	6	12	12	NUM
ftr-471	127	7	,	,	PUNCT
ftr-471	127	8	at	at	ADP
ftr-471	127	9	11	11	NUM
ftr-471	127	10	.	.	PUNCT
ftr-471	128	1	this	this	DET
ftr-471	128	2	article	article	NOUN
ftr-471	128	3	does	do	AUX
ftr-471	128	4	not	not	PART
ftr-471	128	5	address	address	VERB
ftr-471	128	6	special	special	ADJ
ftr-471	128	7	problems	problem	NOUN
ftr-471	128	8	that	that	PRON
ftr-471	128	9	may	may	AUX
ftr-471	128	10	arise	arise	VERB
ftr-471	128	11	if	if	SCONJ
ftr-471	128	12	liquidating	liquidating	NOUN
ftr-471	128	13	payments	payment	NOUN
ftr-471	128	14	are	be	AUX
ftr-471	128	15	made	make	VERB
ftr-471	128	16	to	to	ADP
ftr-471	128	17	a	a	DET
ftr-471	128	18	retiring	retire	VERB
ftr-471	128	19	partner	partner	NOUN
ftr-471	128	20	over	over	ADP
ftr-471	128	21	a	a	DET
ftr-471	128	22	period	period	NOUN
ftr-471	128	23	of	of	ADP
ftr-471	128	24	years	year	NOUN
ftr-471	128	25	.	.	PUNCT
ftr-471	129	1	see	see	VERB
ftr-471	129	2	irc	irc	PROPN
ftr-471	129	3	§	§	PROPN
ftr-471	129	4	736	736	NUM
ftr-471	129	5	.	.	PUNCT
ftr-471	130	1	see	see	VERB
ftr-471	130	2	generally	generally	ADV
ftr-471	130	3	james	james	PROPN
ftr-471	130	4	e.	e.	PROPN
ftr-471	130	5	tierney	tierney	PROPN
ftr-471	130	6	,	,	PUNCT
ftr-471	130	7	reassessing	reassess	VERB
ftr-471	130	8	sales	sale	NOUN
ftr-471	130	9	and	and	CCONJ
ftr-471	130	10	liquidations	liquidation	NOUN
ftr-471	130	11	of	of	ADP
ftr-471	130	12	partnership	partnership	NOUN
ftr-471	130	13	interests	interest	NOUN
ftr-471	130	14	after	after	ADP
ftr-471	130	15	the	the	DET
ftr-471	130	16	omnibus	omnibus	ADJ
ftr-471	130	17	budget	budget	NOUN
ftr-471	130	18	reconciliation	reconciliation	NOUN
ftr-471	130	19	act	act	NOUN
ftr-471	130	20	of	of	ADP
ftr-471	130	21	1993	1993	NUM
ftr-471	130	22	,	,	PUNCT
ftr-471	130	23	1	1	NUM
ftr-471	130	24	fla	fla	NOUN
ftr-471	130	25	.	.	PUNCT
ftr-471	131	1	tax	tax	PROPN
ftr-471	131	2	rev	rev	PROPN
ftr-471	131	3	.	.	PROPN
ftr-471	132	1	681	681	NUM
ftr-471	132	2	(	(	PUNCT
ftr-471	132	3	1994	1994	NUM
ftr-471	132	4	)	)	PUNCT
ftr-471	132	5	.	.	PUNCT
ftr-471	133	1	19981	19981	NUM
ftr-471	133	2	florida	florida	PROPN
ftr-471	133	3	tax	tax	NOUN
ftr-471	133	4	review	review	NOUN
ftr-471	133	5	hands	hand	NOUN
ftr-471	133	6	of	of	ADP
ftr-471	133	7	the	the	DET
ftr-471	133	8	partnership	partnership	NOUN
ftr-471	133	9	as	as	SCONJ
ftr-471	133	10	constituted	constitute	VERB
ftr-471	133	11	following	follow	VERB
ftr-471	133	12	the	the	DET
ftr-471	133	13	distribution	distribution	NOUN
ftr-471	133	14	.	.	PUNCT
ftr-471	134	1	if	if	SCONJ
ftr-471	134	2	the	the	DET
ftr-471	134	3	partnership	partnership	NOUN
ftr-471	134	4	has	have	VERB
ftr-471	134	5	a	a	DET
ftr-471	134	6	section	section	NOUN
ftr-471	134	7	754	754	NUM
ftr-471	134	8	election	election	NOUN
ftr-471	134	9	in	in	ADP
ftr-471	134	10	effect	effect	NOUN
ftr-471	134	11	,	,	PUNCT
ftr-471	134	12	the	the	DET
ftr-471	134	13	optional	optional	ADJ
ftr-471	134	14	basis	basis	NOUN
ftr-471	134	15	adjustment	adjustment	NOUN
ftr-471	134	16	provisions	provision	NOUN
ftr-471	134	17	of	of	ADP
ftr-471	134	18	section	section	NOUN
ftr-471	134	19	734(b	734(b	PROPN
ftr-471	134	20	)	)	PUNCT
ftr-471	134	21	ensure	ensure	VERB
ftr-471	134	22	that	that	SCONJ
ftr-471	134	23	"	"	PUNCT
ftr-471	134	24	inside	inside	ADJ
ftr-471	134	25	"	"	PUNCT
ftr-471	134	26	basis	basis	NOUN
ftr-471	134	27	'	'	PUNCT
ftr-471	134	28	is	be	AUX
ftr-471	134	29	adjusted	adjust	VERB
ftr-471	134	30	to	to	PART
ftr-471	134	31	reflect	reflect	VERB
ftr-471	134	32	any	any	DET
ftr-471	134	33	gain	gain	NOUN
ftr-471	134	34	(	(	PUNCT
ftr-471	134	35	or	or	CCONJ
ftr-471	134	36	loss	loss	NOUN
ftr-471	134	37	)	)	PUNCT
ftr-471	134	38	recognized	recognize	VERB
ftr-471	134	39	by	by	ADP
ftr-471	134	40	the	the	DET
ftr-471	134	41	distributee	distributee	NOUN
ftr-471	134	42	on	on	ADP
ftr-471	134	43	the	the	DET
ftr-471	134	44	nonsection	nonsection	NOUN
ftr-471	134	45	751(b	751(b	PROPN
ftr-471	134	46	)	)	PUNCT
ftr-471	134	47	portion	portion	NOUN
ftr-471	134	48	of	of	ADP
ftr-471	134	49	the	the	DET
ftr-471	134	50	distribution	distribution	NOUN
ftr-471	134	51	.	.	PUNCT
ftr-471	135	1	6	6	NUM
ftr-471	135	2	for	for	ADP
ftr-471	135	3	example	example	NOUN
ftr-471	135	4	,	,	PUNCT
ftr-471	135	5	assume	assume	VERB
ftr-471	135	6	that	that	SCONJ
ftr-471	135	7	c	c	PROPN
ftr-471	135	8	receives	receive	VERB
ftr-471	135	9	a	a	DET
ftr-471	135	10	cash	cash	NOUN
ftr-471	135	11	liquidating	liquidating	NOUN
ftr-471	135	12	distribution	distribution	NOUN
ftr-471	135	13	of	of	ADP
ftr-471	135	14	$	$	SYM
ftr-471	135	15	300	300	NUM
ftr-471	135	16	when	when	SCONJ
ftr-471	135	17	the	the	DET
ftr-471	135	18	equal	equal	ADJ
ftr-471	135	19	abc	abc	PROPN
ftr-471	135	20	partnership	partnership	PROPN
ftr-471	135	21	has	have	VERB
ftr-471	135	22	the	the	DET
ftr-471	135	23	following	follow	VERB
ftr-471	135	24	balance	balance	NOUN
ftr-471	135	25	sheet	sheet	NOUN
ftr-471	135	26	:	:	PUNCT
ftr-471	135	27	assets	asset	NOUN
ftr-471	135	28	basis	basis	NOUN
ftr-471	135	29	value	value	NOUN
ftr-471	135	30	capital	capital	NOUN
ftr-471	135	31	basis	basis	NOUN
ftr-471	135	32	value	value	NOUN
ftr-471	135	33	cash	cash	VERB
ftr-471	135	34	$	$	SYM
ftr-471	135	35	300	300	NUM
ftr-471	135	36	$	$	SYM
ftr-471	135	37	300	300	NUM
ftr-471	135	38	a	a	DET
ftr-471	135	39	$	$	SYM
ftr-471	135	40	200	200	NUM
ftr-471	135	41	$	$	SYM
ftr-471	135	42	300	300	NUM
ftr-471	135	43	inventory	inventory	NOUN
ftr-471	135	44	150	150	NUM
ftr-471	135	45	300	300	NUM
ftr-471	135	46	b	b	NUM
ftr-471	135	47	200	200	NUM
ftr-471	135	48	300	300	NUM
ftr-471	135	49	land	land	NOUN
ftr-471	135	50	150	150	NUM
ftr-471	135	51	300	300	NUM
ftr-471	135	52	c	c	NOUN
ftr-471	135	53	200	200	NUM
ftr-471	135	54	300	300	NUM
ftr-471	135	55	total	total	NOUN
ftr-471	135	56	$	$	SYM
ftr-471	135	57	600	600	NUM
ftr-471	135	58	$	$	SYM
ftr-471	135	59	900	900	NUM
ftr-471	135	60	total	total	NOUN
ftr-471	135	61	$	$	SYM
ftr-471	135	62	600	600	NUM
ftr-471	135	63	$	$	SYM
ftr-471	135	64	900	900	NUM
ftr-471	135	65	under	under	ADP
ftr-471	135	66	section	section	NOUN
ftr-471	135	67	751(b	751(b	PROPN
ftr-471	135	68	)	)	PUNCT
ftr-471	135	69	,	,	PUNCT
ftr-471	135	70	c	c	PROPN
ftr-471	135	71	is	be	AUX
ftr-471	135	72	treated	treat	VERB
ftr-471	135	73	as	as	SCONJ
ftr-471	135	74	if	if	SCONJ
ftr-471	135	75	she	she	PRON
ftr-471	135	76	had	have	AUX
ftr-471	135	77	received	receive	VERB
ftr-471	135	78	her	her	PRON
ftr-471	135	79	proportionate	proportionate	ADJ
ftr-471	135	80	share	share	NOUN
ftr-471	135	81	of	of	ADP
ftr-471	135	82	the	the	DET
ftr-471	135	83	hot	hot	ADJ
ftr-471	135	84	asset	asset	NOUN
ftr-471	135	85	(	(	PUNCT
ftr-471	135	86	worth	worth	ADJ
ftr-471	135	87	$	$	SYM
ftr-471	135	88	100	100	NUM
ftr-471	135	89	)	)	PUNCT
ftr-471	135	90	in	in	ADP
ftr-471	135	91	a	a	DET
ftr-471	135	92	current	current	ADJ
ftr-471	135	93	distribution	distribution	NOUN
ftr-471	135	94	;	;	PUNCT
ftr-471	135	95	under	under	ADP
ftr-471	135	96	section	section	NOUN
ftr-471	135	97	732(a	732(a	PROPN
ftr-471	135	98	)	)	PUNCT
ftr-471	135	99	,	,	PUNCT
ftr-471	135	100	c	c	PROPN
ftr-471	135	101	takes	take	VERB
ftr-471	135	102	a	a	DET
ftr-471	135	103	basis	basis	NOUN
ftr-471	135	104	of	of	ADP
ftr-471	135	105	$	$	SYM
ftr-471	135	106	50	50	NUM
ftr-471	135	107	in	in	ADP
ftr-471	135	108	her	her	PRON
ftr-471	135	109	one	one	NUM
ftr-471	135	110	-	-	PUNCT
ftr-471	135	111	third	third	NOUN
ftr-471	135	112	share	share	NOUN
ftr-471	135	113	of	of	ADP
ftr-471	135	114	the	the	DET
ftr-471	135	115	hot	hot	ADJ
ftr-471	135	116	asset	asset	NOUN
ftr-471	135	117	,	,	PUNCT
ftr-471	135	118	reducing	reduce	VERB
ftr-471	135	119	her	she	PRON
ftr-471	135	120	outside	outside	ADJ
ftr-471	135	121	basis	basis	NOUN
ftr-471	135	122	to	to	ADP
ftr-471	135	123	$	$	SYM
ftr-471	135	124	150	150	NUM
ftr-471	135	125	.	.	PUNCT
ftr-471	136	1	on	on	ADP
ftr-471	136	2	the	the	DET
ftr-471	136	3	deemed	deemed	ADJ
ftr-471	136	4	exchange	exchange	NOUN
ftr-471	136	5	of	of	ADP
ftr-471	136	6	her	her	PRON
ftr-471	136	7	share	share	NOUN
ftr-471	136	8	of	of	ADP
ftr-471	136	9	the	the	DET
ftr-471	136	10	hot	hot	ADJ
ftr-471	136	11	asset	asset	NOUN
ftr-471	136	12	for	for	ADP
ftr-471	136	13	cash	cash	NOUN
ftr-471	136	14	,	,	PUNCT
ftr-471	136	15	c	c	PROPN
ftr-471	136	16	recognizes	recognize	VERB
ftr-471	136	17	$	$	SYM
ftr-471	136	18	50	50	NUM
ftr-471	136	19	of	of	ADP
ftr-471	136	20	ordinary	ordinary	ADJ
ftr-471	136	21	income	income	NOUN
ftr-471	136	22	(	(	PUNCT
ftr-471	136	23	$	$	SYM
ftr-471	136	24	100	100	NUM
ftr-471	136	25	fair	fair	ADJ
ftr-471	136	26	market	market	NOUN
ftr-471	136	27	value	value	NOUN
ftr-471	136	28	less	less	ADJ
ftr-471	136	29	$	$	SYM
ftr-471	136	30	50	50	NUM
ftr-471	136	31	basis	basis	NOUN
ftr-471	136	32	)	)	PUNCT
ftr-471	136	33	and	and	CCONJ
ftr-471	136	34	the	the	DET
ftr-471	136	35	partnership	partnership	NOUN
ftr-471	136	36	takes	take	VERB
ftr-471	136	37	a	a	DET
ftr-471	136	38	cost	cost	NOUN
ftr-471	136	39	basis	basis	NOUN
ftr-471	136	40	in	in	ADP
ftr-471	136	41	the	the	DET
ftr-471	136	42	purchased	purchase	VERB
ftr-471	136	43	portion	portion	NOUN
ftr-471	136	44	of	of	ADP
ftr-471	136	45	the	the	DET
ftr-471	136	46	hot	hot	ADJ
ftr-471	136	47	asset	asset	NOUN
ftr-471	136	48	.	.	PUNCT
ftr-471	137	1	finally	finally	ADV
ftr-471	137	2	,	,	PUNCT
ftr-471	137	3	the	the	DET
ftr-471	137	4	partnership	partnership	NOUN
ftr-471	137	5	is	be	AUX
ftr-471	137	6	treated	treat	VERB
ftr-471	137	7	as	as	ADP
ftr-471	137	8	distributing	distribute	VERB
ftr-471	137	9	to	to	ADP
ftr-471	137	10	c	c	NOUN
ftr-471	137	11	in	in	ADP
ftr-471	137	12	liquidation	liquidation	NOUN
ftr-471	137	13	of	of	ADP
ftr-471	137	14	the	the	DET
ftr-471	137	15	rest	rest	NOUN
ftr-471	137	16	of	of	ADP
ftr-471	137	17	her	her	PRON
ftr-471	137	18	partnership	partnership	NOUN
ftr-471	137	19	interest	interest	NOUN
ftr-471	137	20	the	the	DET
ftr-471	137	21	remaining	remain	VERB
ftr-471	137	22	$	$	SYM
ftr-471	137	23	200	200	NUM
ftr-471	137	24	of	of	ADP
ftr-471	137	25	cash	cash	NOUN
ftr-471	137	26	,	,	PUNCT
ftr-471	137	27	triggering	trigger	VERB
ftr-471	137	28	$	$	SYM
ftr-471	137	29	50	50	NUM
ftr-471	137	30	of	of	ADP
ftr-471	137	31	capital	capital	NOUN
ftr-471	137	32	gain	gain	NOUN
ftr-471	137	33	to	to	ADP
ftr-471	137	34	c.27	c.27	PROPN
ftr-471	137	35	if	if	SCONJ
ftr-471	137	36	the	the	DET
ftr-471	137	37	partnership	partnership	NOUN
ftr-471	137	38	has	have	VERB
ftr-471	137	39	a	a	DET
ftr-471	137	40	section	section	NOUN
ftr-471	137	41	734(b	734(b	NOUN
ftr-471	137	42	)	)	PUNCT
ftr-471	137	43	election	election	NOUN
ftr-471	137	44	in	in	ADP
ftr-471	137	45	effect	effect	NOUN
ftr-471	137	46	,	,	PUNCT
ftr-471	137	47	the	the	DET
ftr-471	137	48	basis	basis	NOUN
ftr-471	137	49	of	of	ADP
ftr-471	137	50	the	the	DET
ftr-471	137	51	partnership	partnership	NOUN
ftr-471	137	52	's	's	PART
ftr-471	137	53	land	land	NOUN
ftr-471	137	54	will	will	AUX
ftr-471	137	55	be	be	AUX
ftr-471	137	56	increased	increase	VERB
ftr-471	137	57	to	to	ADP
ftr-471	137	58	$	$	SYM
ftr-471	137	59	200	200	NUM
ftr-471	137	60	to	to	PART
ftr-471	137	61	reflect	reflect	VERB
ftr-471	137	62	the	the	DET
ftr-471	137	63	$	$	SYM
ftr-471	137	64	50	50	NUM
ftr-471	137	65	of	of	ADP
ftr-471	137	66	gain	gain	NOUN
ftr-471	137	67	recognized	recognize	VERB
ftr-471	137	68	by	by	ADP
ftr-471	137	69	c	c	PROPN
ftr-471	137	70	on	on	ADP
ftr-471	137	71	the	the	DET
ftr-471	137	72	nonsection	nonsection	NOUN
ftr-471	137	73	751(b	751(b	PROPN
ftr-471	137	74	)	)	PUNCT
ftr-471	137	75	portion	portion	NOUN
ftr-471	137	76	of	of	ADP
ftr-471	137	77	the	the	DET
ftr-471	137	78	distribution.28	distribution.28	NOUN
ftr-471	137	79	the	the	DET
ftr-471	137	80	continuing	continue	VERB
ftr-471	137	81	partners	partner	NOUN
ftr-471	137	82	thus	thus	ADV
ftr-471	137	83	receive	receive	VERB
ftr-471	137	84	a	a	DET
ftr-471	137	85	cost	cost	NOUN
ftr-471	137	86	basis	basis	NOUN
ftr-471	137	87	in	in	ADP
ftr-471	137	88	c	c	PROPN
ftr-471	137	89	's	's	PART
ftr-471	137	90	former	former	ADJ
ftr-471	137	91	share	share	NOUN
ftr-471	137	92	of	of	ADP
ftr-471	137	93	the	the	DET
ftr-471	137	94	partnership	partnership	NOUN
ftr-471	137	95	's	's	PART
ftr-471	137	96	hot	hot	ADJ
ftr-471	137	97	asset	asset	NOUN
ftr-471	137	98	and	and	CCONJ
ftr-471	137	99	land	land	NOUN
ftr-471	137	100	,	,	PUNCT
ftr-471	137	101	preserving	preserve	VERB
ftr-471	137	102	their	their	PRON
ftr-471	137	103	respective	respective	ADJ
ftr-471	137	104	shares	share	NOUN
ftr-471	137	105	of	of	ADP
ftr-471	137	106	ordinary	ordinary	ADJ
ftr-471	137	107	income	income	NOUN
ftr-471	137	108	(	(	PUNCT
ftr-471	137	109	$	$	SYM
ftr-471	137	110	50	50	NUM
ftr-471	137	111	)	)	PUNCT
ftr-471	137	112	and	and	CCONJ
ftr-471	137	113	capital	capital	NOUN
ftr-471	137	114	gain	gain	NOUN
ftr-471	137	115	(	(	PUNCT
ftr-471	137	116	$	$	SYM
ftr-471	137	117	50	50	NUM
ftr-471	137	118	)	)	PUNCT
ftr-471	137	119	.	.	PUNCT
ftr-471	138	1	but	but	CCONJ
ftr-471	138	2	for	for	ADP
ftr-471	138	3	section	section	NOUN
ftr-471	138	4	751	751	NUM
ftr-471	138	5	(	(	PUNCT
ftr-471	138	6	b	b	NOUN
ftr-471	138	7	)	)	PUNCT
ftr-471	138	8	,	,	PUNCT
ftr-471	138	9	c	c	PROPN
ftr-471	138	10	would	would	AUX
ftr-471	138	11	recognize	recognize	VERB
ftr-471	138	12	$	$	SYM
ftr-471	138	13	100	100	NUM
ftr-471	138	14	of	of	ADP
ftr-471	138	15	capital	capital	NOUN
ftr-471	138	16	gain	gain	NOUN
ftr-471	138	17	(	(	PUNCT
ftr-471	138	18	$	$	SYM
ftr-471	138	19	300	300	NUM
ftr-471	138	20	cash	cash	NOUN
ftr-471	138	21	less	less	ADJ
ftr-471	138	22	$	$	SYM
ftr-471	138	23	200	200	NUM
ftr-471	138	24	25	25	NUM
ftr-471	138	25	.	.	PUNCT
ftr-471	139	1	"	"	PUNCT
ftr-471	139	2	inside	inside	ADJ
ftr-471	139	3	"	"	PUNCT
ftr-471	139	4	basis	basis	NOUN
ftr-471	139	5	refers	refer	VERB
ftr-471	139	6	to	to	ADP
ftr-471	139	7	the	the	DET
ftr-471	139	8	partnership	partnership	NOUN
ftr-471	139	9	's	's	PART
ftr-471	139	10	basis	basis	NOUN
ftr-471	139	11	in	in	ADP
ftr-471	139	12	its	its	PRON
ftr-471	139	13	assets	asset	NOUN
ftr-471	139	14	;	;	PUNCT
ftr-471	139	15	"	"	PUNCT
ftr-471	139	16	outside	outside	ADJ
ftr-471	139	17	"	"	PUNCT
ftr-471	139	18	basis	basis	NOUN
ftr-471	139	19	refers	refer	VERB
ftr-471	139	20	to	to	ADP
ftr-471	139	21	the	the	DET
ftr-471	139	22	partner	partner	NOUN
ftr-471	139	23	's	's	PART
ftr-471	139	24	basis	basis	NOUN
ftr-471	139	25	in	in	ADP
ftr-471	139	26	her	her	PRON
ftr-471	139	27	partnership	partnership	NOUN
ftr-471	139	28	interest	interest	NOUN
ftr-471	139	29	.	.	PUNCT
ftr-471	140	1	26	26	NUM
ftr-471	140	2	.	.	PUNCT
ftr-471	140	3	see	see	VERB
ftr-471	140	4	irc	irc	PROPN
ftr-471	140	5	§	§	PROPN
ftr-471	140	6	§	§	PROPN
ftr-471	140	7	734(b	734(b	PROPN
ftr-471	140	8	)	)	PUNCT
ftr-471	140	9	,	,	PUNCT
ftr-471	140	10	754	754	NUM
ftr-471	140	11	.	.	PUNCT
ftr-471	141	1	on	on	ADP
ftr-471	141	2	a	a	DET
ftr-471	141	3	cash	cash	NOUN
ftr-471	141	4	liquidating	liquidating	NOUN
ftr-471	141	5	distribution	distribution	NOUN
ftr-471	141	6	,	,	PUNCT
ftr-471	141	7	§	§	PROPN
ftr-471	141	8	734(b	734(b	PROPN
ftr-471	141	9	)	)	PUNCT
ftr-471	141	10	plays	play	VERB
ftr-471	141	11	a	a	DET
ftr-471	141	12	role	role	NOUN
ftr-471	141	13	analogous	analogous	ADJ
ftr-471	141	14	to	to	ADP
ftr-471	141	15	§	§	PROPN
ftr-471	141	16	743(b	743(b	PROPN
ftr-471	141	17	)	)	PUNCT
ftr-471	141	18	.	.	PUNCT
ftr-471	142	1	see	see	PROPN
ftr-471	142	2	andrews	andrews	PROPN
ftr-471	142	3	,	,	PUNCT
ftr-471	142	4	supra	supra	PROPN
ftr-471	142	5	note	note	PROPN
ftr-471	142	6	12	12	NUM
ftr-471	142	7	,	,	PUNCT
ftr-471	142	8	at	at	ADP
ftr-471	142	9	11	11	NUM
ftr-471	142	10	-	-	SYM
ftr-471	142	11	12	12	NUM
ftr-471	142	12	.	.	PUNCT
ftr-471	143	1	since	since	SCONJ
ftr-471	143	2	the	the	DET
ftr-471	143	3	continuing	continue	VERB
ftr-471	143	4	partners	partner	NOUN
ftr-471	143	5	have	have	AUX
ftr-471	143	6	made	make	VERB
ftr-471	143	7	a	a	DET
ftr-471	143	8	pro	pro	ADJ
ftr-471	143	9	rata	rata	ADJ
ftr-471	143	10	purchase	purchase	NOUN
ftr-471	143	11	,	,	PUNCT
ftr-471	143	12	a	a	DET
ftr-471	143	13	single	single	ADJ
ftr-471	143	14	adjustment	adjustment	NOUN
ftr-471	143	15	to	to	ADP
ftr-471	143	16	the	the	DET
ftr-471	143	17	common	common	ADJ
ftr-471	143	18	basis	basis	NOUN
ftr-471	143	19	of	of	ADP
ftr-471	143	20	the	the	DET
ftr-471	143	21	partnership	partnership	NOUN
ftr-471	143	22	's	's	PART
ftr-471	143	23	property	property	NOUN
ftr-471	143	24	accomplishes	accomplish	VERB
ftr-471	143	25	the	the	DET
ftr-471	143	26	desired	desire	VERB
ftr-471	143	27	result	result	NOUN
ftr-471	143	28	.	.	PUNCT
ftr-471	144	1	cf	cf	INTJ
ftr-471	144	2	.	.	PUNCT
ftr-471	145	1	irc	irc	PROPN
ftr-471	145	2	§	§	PROPN
ftr-471	145	3	743(b	743(b	PROPN
ftr-471	145	4	)	)	PUNCT
ftr-471	145	5	(	(	PUNCT
ftr-471	145	6	flush	flush	ADJ
ftr-471	145	7	language	language	NOUN
ftr-471	145	8	)	)	PUNCT
ftr-471	145	9	(	(	PUNCT
ftr-471	145	10	adjustment	adjustment	NOUN
ftr-471	145	11	is	be	AUX
ftr-471	145	12	personal	personal	ADJ
ftr-471	145	13	to	to	ADP
ftr-471	145	14	the	the	DET
ftr-471	145	15	transferee	transferee	PROPN
ftr-471	145	16	partner	partner	NOUN
ftr-471	145	17	)	)	PUNCT
ftr-471	145	18	.	.	PUNCT
ftr-471	146	1	27	27	NUM
ftr-471	146	2	.	.	PUNCT
ftr-471	147	1	see	see	VERB
ftr-471	147	2	irc	irc	PROPN
ftr-471	147	3	§	§	PROPN
ftr-471	147	4	731(a)(1	731(a)(1	NUM
ftr-471	147	5	)	)	PUNCT
ftr-471	147	6	(	(	PUNCT
ftr-471	147	7	recognizing	recognize	VERB
ftr-471	147	8	gain	gain	NOUN
ftr-471	147	9	on	on	ADP
ftr-471	147	10	cash	cash	NOUN
ftr-471	147	11	distribution	distribution	NOUN
ftr-471	147	12	in	in	ADP
ftr-471	147	13	excess	excess	NOUN
ftr-471	147	14	of	of	ADP
ftr-471	147	15	outside	outside	ADJ
ftr-471	147	16	basis	basis	NOUN
ftr-471	147	17	)	)	PUNCT
ftr-471	147	18	.	.	PUNCT
ftr-471	148	1	28	28	NUM
ftr-471	148	2	.	.	PUNCT
ftr-471	149	1	under	under	ADP
ftr-471	149	2	the	the	DET
ftr-471	149	3	optional	optional	ADJ
ftr-471	149	4	basis	basis	NOUN
ftr-471	149	5	adjustment	adjustment	NOUN
ftr-471	149	6	rules	rule	NOUN
ftr-471	149	7	,	,	PUNCT
ftr-471	149	8	a	a	DET
ftr-471	149	9	partnership	partnership	NOUN
ftr-471	149	10	may	may	AUX
ftr-471	149	11	adjust	adjust	VERB
ftr-471	149	12	the	the	DET
ftr-471	149	13	basis	basis	NOUN
ftr-471	149	14	of	of	ADP
ftr-471	149	15	retained	retain	VERB
ftr-471	149	16	partnership	partnership	NOUN
ftr-471	149	17	property	property	NOUN
ftr-471	149	18	if	if	SCONJ
ftr-471	149	19	,	,	PUNCT
ftr-471	149	20	as	as	ADP
ftr-471	149	21	a	a	DET
ftr-471	149	22	result	result	NOUN
ftr-471	149	23	of	of	ADP
ftr-471	149	24	a	a	DET
ftr-471	149	25	distribution	distribution	NOUN
ftr-471	149	26	,	,	PUNCT
ftr-471	149	27	the	the	DET
ftr-471	149	28	distributee	distributee	NOUN
ftr-471	149	29	recognizes	recognize	VERB
ftr-471	149	30	gain	gain	NOUN
ftr-471	149	31	(	(	PUNCT
ftr-471	149	32	or	or	CCONJ
ftr-471	149	33	loss	loss	NOUN
ftr-471	149	34	)	)	PUNCT
ftr-471	149	35	or	or	CCONJ
ftr-471	149	36	takes	take	VERB
ftr-471	149	37	a	a	DET
ftr-471	149	38	basis	basis	NOUN
ftr-471	149	39	different	different	ADJ
ftr-471	149	40	from	from	ADP
ftr-471	149	41	the	the	DET
ftr-471	149	42	partnership	partnership	NOUN
ftr-471	149	43	's	's	PART
ftr-471	149	44	basis	basis	NOUN
ftr-471	149	45	in	in	ADP
ftr-471	149	46	distributed	distribute	VERB
ftr-471	149	47	property	property	NOUN
ftr-471	149	48	.	.	PUNCT
ftr-471	150	1	see	see	VERB
ftr-471	150	2	irc	irc	PROPN
ftr-471	150	3	§	§	PROPN
ftr-471	150	4	§	§	PROPN
ftr-471	150	5	734(b	734(b	PROPN
ftr-471	150	6	)	)	PUNCT
ftr-471	150	7	,	,	PUNCT
ftr-471	150	8	754	754	NUM
ftr-471	150	9	.	.	PUNCT
ftr-471	151	1	allocation	allocation	NOUN
ftr-471	151	2	of	of	ADP
ftr-471	151	3	the	the	DET
ftr-471	151	4	basis	basis	NOUN
ftr-471	151	5	adjustment	adjustment	NOUN
ftr-471	151	6	is	be	AUX
ftr-471	151	7	governed	govern	VERB
ftr-471	151	8	by	by	ADP
ftr-471	151	9	§	§	PROPN
ftr-471	151	10	755	755	NUM
ftr-471	151	11	.	.	PUNCT
ftr-471	152	1	see	see	VERB
ftr-471	152	2	irc	irc	PROPN
ftr-471	152	3	§	§	PROPN
ftr-471	152	4	755	755	NUM
ftr-471	152	5	.	.	PUNCT
ftr-471	153	1	[	[	X
ftr-471	153	2	vol	vol	NOUN
ftr-471	153	3	.	.	PUNCT
ftr-471	153	4	3:12	3:12	NUM
ftr-471	153	5	partnership	partnership	NOUN
ftr-471	153	6	distributions	distribution	NOUN
ftr-471	153	7	:	:	PUNCT
ftr-471	153	8	options	option	NOUN
ftr-471	153	9	for	for	ADP
ftr-471	153	10	reform	reform	NOUN
ftr-471	153	11	basis	basis	NOUN
ftr-471	153	12	)	)	PUNCT
ftr-471	153	13	,	,	PUNCT
ftr-471	153	14	thereby	thereby	ADV
ftr-471	153	15	effectively	effectively	ADV
ftr-471	153	16	shifting	shift	VERB
ftr-471	153	17	her	she	PRON
ftr-471	153	18	$	$	SYM
ftr-471	153	19	50	50	NUM
ftr-471	153	20	share	share	NOUN
ftr-471	153	21	of	of	ADP
ftr-471	153	22	ordinary	ordinary	ADJ
ftr-471	153	23	income	income	NOUN
ftr-471	153	24	to	to	ADP
ftr-471	153	25	the	the	DET
ftr-471	153	26	continuing	continue	VERB
ftr-471	153	27	partners	partner	NOUN
ftr-471	153	28	.	.	PUNCT
ftr-471	153	29	'	'	PUNCT
ftr-471	154	1	as	as	SCONJ
ftr-471	154	2	illustrated	illustrate	VERB
ftr-471	154	3	by	by	ADP
ftr-471	154	4	the	the	DET
ftr-471	154	5	above	above	ADJ
ftr-471	154	6	example	example	NOUN
ftr-471	154	7	,	,	PUNCT
ftr-471	154	8	section	section	NOUN
ftr-471	154	9	751	751	NUM
ftr-471	154	10	(	(	PUNCT
ftr-471	154	11	b	b	NOUN
ftr-471	154	12	)	)	PUNCT
ftr-471	154	13	serves	serve	VERB
ftr-471	154	14	to	to	PART
ftr-471	154	15	forestall	forestall	VERB
ftr-471	154	16	potential	potential	ADJ
ftr-471	154	17	rate	rate	NOUN
ftr-471	154	18	arbitrage	arbitrage	NOUN
ftr-471	154	19	among	among	ADP
ftr-471	154	20	partners	partner	NOUN
ftr-471	154	21	.	.	PUNCT
ftr-471	155	1	while	while	SCONJ
ftr-471	155	2	the	the	DET
ftr-471	155	3	1986	1986	NUM
ftr-471	155	4	act	act	NOUN
ftr-471	155	5	reduced	reduce	VERB
ftr-471	155	6	the	the	DET
ftr-471	155	7	rate	rate	NOUN
ftr-471	155	8	difference	difference	NOUN
ftr-471	155	9	between	between	ADP
ftr-471	155	10	ordinary	ordinary	ADJ
ftr-471	155	11	income	income	NOUN
ftr-471	155	12	and	and	CCONJ
ftr-471	155	13	capital	capital	NOUN
ftr-471	155	14	gain	gain	NOUN
ftr-471	155	15	,	,	PUNCT
ftr-471	155	16	the	the	DET
ftr-471	155	17	1997	1997	NUM
ftr-471	155	18	act	act	NOUN
ftr-471	155	19	has	have	AUX
ftr-471	155	20	restored	restore	VERB
ftr-471	155	21	a	a	DET
ftr-471	155	22	substantial	substantial	ADJ
ftr-471	155	23	capital	capital	NOUN
ftr-471	155	24	gains	gain	NOUN
ftr-471	155	25	preference	preference	NOUN
ftr-471	155	26	.	.	PUNCT
ftr-471	155	27	"	"	PUNCT
ftr-471	156	1	nevertheless	nevertheless	ADV
ftr-471	156	2	,	,	PUNCT
ftr-471	156	3	section	section	NOUN
ftr-471	156	4	751	751	NUM
ftr-471	156	5	(	(	PUNCT
ftr-471	156	6	b	b	NOUN
ftr-471	156	7	)	)	PUNCT
ftr-471	156	8	may	may	AUX
ftr-471	156	9	be	be	AUX
ftr-471	156	10	too	too	ADV
ftr-471	156	11	complex	complex	ADJ
ftr-471	156	12	to	to	PART
ftr-471	156	13	warrant	warrant	VERB
ftr-471	156	14	its	its	PRON
ftr-471	156	15	retention	retention	NOUN
ftr-471	156	16	merely	merely	ADV
ftr-471	156	17	as	as	ADP
ftr-471	156	18	a	a	DET
ftr-471	156	19	safeguard	safeguard	NOUN
ftr-471	156	20	against	against	ADP
ftr-471	156	21	shifting	shift	VERB
ftr-471	156	22	of	of	ADP
ftr-471	156	23	ordinary	ordinary	ADJ
ftr-471	156	24	income	income	NOUN
ftr-471	156	25	and	and	CCONJ
ftr-471	156	26	capital	capital	NOUN
ftr-471	156	27	gain	gain	NOUN
ftr-471	156	28	.	.	PUNCT
ftr-471	157	1	in	in	ADP
ftr-471	157	2	the	the	DET
ftr-471	157	3	absence	absence	NOUN
ftr-471	157	4	of	of	ADP
ftr-471	157	5	section	section	NOUN
ftr-471	157	6	751	751	NUM
ftr-471	157	7	(	(	PUNCT
ftr-471	157	8	b	b	NOUN
ftr-471	157	9	)	)	PUNCT
ftr-471	157	10	,	,	PUNCT
ftr-471	157	11	other	other	ADJ
ftr-471	157	12	provisions	provision	NOUN
ftr-471	157	13	of	of	ADP
ftr-471	157	14	subchapter	subchapter	NOUN
ftr-471	157	15	k	k	PROPN
ftr-471	157	16	would	would	AUX
ftr-471	157	17	generally	generally	ADV
ftr-471	157	18	prevent	prevent	VERB
ftr-471	157	19	permanent	permanent	ADJ
ftr-471	157	20	elimination	elimination	NOUN
ftr-471	157	21	of	of	ADP
ftr-471	157	22	ordinary	ordinary	ADJ
ftr-471	157	23	income	income	NOUN
ftr-471	157	24	in	in	ADP
ftr-471	157	25	connection	connection	NOUN
ftr-471	157	26	with	with	ADP
ftr-471	157	27	a	a	DET
ftr-471	157	28	disproportionate	disproportionate	ADJ
ftr-471	157	29	distribution.3	distribution.3	NOUN
ftr-471	157	30	whatever	whatever	PRON
ftr-471	157	31	the	the	DET
ftr-471	157	32	original	original	ADJ
ftr-471	157	33	purpose	purpose	NOUN
ftr-471	157	34	of	of	ADP
ftr-471	157	35	section	section	NOUN
ftr-471	157	36	751(b	751(b	PROPN
ftr-471	157	37	)	)	PUNCT
ftr-471	157	38	,	,	PUNCT
ftr-471	157	39	however	however	ADV
ftr-471	157	40	,	,	PUNCT
ftr-471	157	41	it	it	PRON
ftr-471	157	42	has	have	AUX
ftr-471	157	43	arguably	arguably	ADV
ftr-471	157	44	come	come	VERB
ftr-471	157	45	to	to	PART
ftr-471	157	46	play	play	VERB
ftr-471	157	47	an	an	DET
ftr-471	157	48	important	important	ADJ
ftr-471	157	49	role	role	NOUN
ftr-471	157	50	in	in	ADP
ftr-471	157	51	the	the	DET
ftr-471	157	52	timing	timing	NOUN
ftr-471	157	53	of	of	ADP
ftr-471	157	54	recognition	recognition	NOUN
ftr-471	157	55	as	as	ADV
ftr-471	157	56	well	well	ADV
ftr-471	157	57	as	as	ADP
ftr-471	157	58	in	in	ADP
ftr-471	157	59	the	the	DET
ftr-471	157	60	characterization	characterization	NOUN
ftr-471	157	61	of	of	ADP
ftr-471	157	62	income.32	income.32	PROPN
ftr-471	157	63	under	under	ADP
ftr-471	157	64	current	current	ADJ
ftr-471	157	65	law	law	NOUN
ftr-471	157	66	,	,	PUNCT
ftr-471	157	67	the	the	DET
ftr-471	157	68	principal	principal	ADJ
ftr-471	157	69	impact	impact	NOUN
ftr-471	157	70	of	of	ADP
ftr-471	157	71	section	section	NOUN
ftr-471	157	72	751(b	751(b	PROPN
ftr-471	157	73	)	)	PUNCT
ftr-471	157	74	is	be	AUX
ftr-471	157	75	to	to	PART
ftr-471	157	76	accelerate	accelerate	VERB
ftr-471	157	77	recognition	recognition	NOUN
ftr-471	157	78	of	of	ADP
ftr-471	157	79	ordinary	ordinary	ADJ
ftr-471	157	80	income	income	NOUN
ftr-471	157	81	when	when	SCONJ
ftr-471	157	82	there	there	PRON
ftr-471	157	83	is	be	VERB
ftr-471	157	84	a	a	DET
ftr-471	157	85	shift	shift	NOUN
ftr-471	157	86	in	in	ADP
ftr-471	157	87	the	the	DET
ftr-471	157	88	partners	partner	NOUN
ftr-471	157	89	'	'	PART
ftr-471	157	90	interests	interest	NOUN
ftr-471	157	91	in	in	ADP
ftr-471	157	92	section	section	NOUN
ftr-471	157	93	751	751	NUM
ftr-471	157	94	property	property	NOUN
ftr-471	157	95	,	,	PUNCT
ftr-471	157	96	thereby	thereby	ADV
ftr-471	157	97	preventing	prevent	VERB
ftr-471	157	98	excessive	excessive	ADJ
ftr-471	157	99	deferral	deferral	NOUN
ftr-471	157	100	.	.	PUNCT
ftr-471	158	1	one	one	NUM
ftr-471	158	2	commentator	commentator	NOUN
ftr-471	158	3	has	have	AUX
ftr-471	158	4	described	describe	VERB
ftr-471	158	5	section	section	NOUN
ftr-471	158	6	751	751	NUM
ftr-471	158	7	(	(	PUNCT
ftr-471	158	8	b	b	NOUN
ftr-471	158	9	)	)	PUNCT
ftr-471	158	10	as	as	ADP
ftr-471	158	11	"	"	PUNCT
ftr-471	158	12	[	[	PUNCT
ftr-471	158	13	olne	olne	NOUN
ftr-471	158	14	of	of	ADP
ftr-471	158	15	subchapter	subchapter	NOUN
ftr-471	158	16	k	k	PROPN
ftr-471	158	17	's	's	PART
ftr-471	158	18	least	least	ADV
ftr-471	158	19	understood	understand	VERB
ftr-471	158	20	and	and	CCONJ
ftr-471	158	21	most	most	ADV
ftr-471	158	22	widely	widely	ADV
ftr-471	158	23	ignored	ignore	VERB
ftr-471	158	24	provisions	provision	NOUN
ftr-471	158	25	.	.	PUNCT
ftr-471	159	1	"33	"33	X
ftr-471	159	2	the	the	DET
ftr-471	159	3	reputation	reputation	NOUN
ftr-471	159	4	of	of	ADP
ftr-471	159	5	section	section	NOUN
ftr-471	159	6	751	751	NUM
ftr-471	159	7	as	as	ADP
ftr-471	159	8	"	"	PUNCT
ftr-471	159	9	the	the	DET
ftr-471	159	10	most	most	ADV
ftr-471	159	11	complex	complex	ADJ
ftr-471	159	12	part	part	NOUN
ftr-471	159	13	of	of	ADP
ftr-471	159	14	subchapter	subchapter	NOUN
ftr-471	159	15	k	k	NOUN
ftr-471	159	16	"	"	PUNCT
ftr-471	159	17	'	'	PUNCT
ftr-471	159	18	relates	relate	VERB
ftr-471	159	19	mainly	mainly	ADV
ftr-471	159	20	to	to	ADP
ftr-471	159	21	its	its	PRON
ftr-471	159	22	operation	operation	NOUN
ftr-471	159	23	in	in	ADP
ftr-471	159	24	connection	connection	NOUN
ftr-471	159	25	with	with	ADP
ftr-471	159	26	distributions	distribution	NOUN
ftr-471	159	27	of	of	ADP
ftr-471	159	28	property	property	NOUN
ftr-471	159	29	other	other	ADJ
ftr-471	159	30	than	than	ADP
ftr-471	159	31	cash	cash	NOUN
ftr-471	159	32	.	.	PUNCT
ftr-471	160	1	in	in	ADP
ftr-471	160	2	these	these	DET
ftr-471	160	3	situations	situation	NOUN
ftr-471	160	4	,	,	PUNCT
ftr-471	160	5	section	section	NOUN
ftr-471	160	6	751	751	NUM
ftr-471	160	7	(	(	PUNCT
ftr-471	160	8	b	b	NOUN
ftr-471	160	9	)	)	PUNCT
ftr-471	160	10	gives	give	VERB
ftr-471	160	11	rise	rise	NOUN
ftr-471	160	12	to	to	ADP
ftr-471	160	13	a	a	DET
ftr-471	160	14	hypothetical	hypothetical	ADJ
ftr-471	160	15	exchange	exchange	NOUN
ftr-471	160	16	between	between	ADP
ftr-471	160	17	the	the	DET
ftr-471	160	18	partnership	partnership	NOUN
ftr-471	160	19	(	(	PUNCT
ftr-471	160	20	as	as	SCONJ
ftr-471	160	21	constituted	constitute	VERB
ftr-471	160	22	after	after	ADP
ftr-471	160	23	the	the	DET
ftr-471	160	24	exchange	exchange	NOUN
ftr-471	160	25	)	)	PUNCT
ftr-471	160	26	and	and	CCONJ
ftr-471	160	27	the	the	DET
ftr-471	160	28	distributee	distributee	NOUN
ftr-471	160	29	.	.	PUNCT
ftr-471	161	1	in	in	ADP
ftr-471	161	2	the	the	DET
ftr-471	161	3	deemed	deemed	ADJ
ftr-471	161	4	exchange	exchange	NOUN
ftr-471	161	5	,	,	PUNCT
ftr-471	161	6	the	the	DET
ftr-471	161	7	partnership	partnership	NOUN
ftr-471	161	8	is	be	AUX
ftr-471	161	9	treated	treat	VERB
ftr-471	161	10	as	as	ADP
ftr-471	161	11	transferring	transfer	VERB
ftr-471	161	12	the	the	DET
ftr-471	161	13	"	"	PUNCT
ftr-471	161	14	excess	excess	ADJ
ftr-471	161	15	"	"	PUNCT
ftr-471	161	16	property	property	NOUN
ftr-471	161	17	(	(	PUNCT
ftr-471	161	18	i.e.	i.e.	X
ftr-471	161	19	,	,	PUNCT
ftr-471	161	20	the	the	DET
ftr-471	161	21	disproportionate	disproportionate	ADJ
ftr-471	161	22	part	part	NOUN
ftr-471	161	23	of	of	ADP
ftr-471	161	24	the	the	DET
ftr-471	161	25	distribution	distribution	NOUN
ftr-471	161	26	consisting	consist	VERB
ftr-471	161	27	of	of	ADP
ftr-471	161	28	hot	hot	ADJ
ftr-471	161	29	assets	asset	NOUN
ftr-471	161	30	or	or	CCONJ
ftr-471	161	31	other	other	ADJ
ftr-471	161	32	partnership	partnership	NOUN
ftr-471	161	33	property	property	NOUN
ftr-471	161	34	)	)	PUNCT
ftr-471	161	35	to	to	ADP
ftr-471	161	36	the	the	DET
ftr-471	161	37	distributee	distributee	NOUN
ftr-471	161	38	,	,	PUNCT
ftr-471	161	39	and	and	CCONJ
ftr-471	161	40	the	the	DET
ftr-471	161	41	distributee	distributee	NOUN
ftr-471	161	42	is	be	AUX
ftr-471	161	43	treated	treat	VERB
ftr-471	161	44	as	as	ADP
ftr-471	161	45	surrendering	surrender	VERB
ftr-471	161	46	property	property	NOUN
ftr-471	161	47	of	of	ADP
ftr-471	161	48	equal	equal	ADJ
ftr-471	161	49	value	value	NOUN
ftr-471	161	50	but	but	CCONJ
ftr-471	161	51	of	of	ADP
ftr-471	161	52	a	a	DET
ftr-471	161	53	different	different	ADJ
ftr-471	161	54	class	class	NOUN
ftr-471	161	55	from	from	ADP
ftr-471	161	56	the	the	DET
ftr-471	161	57	class	class	NOUN
ftr-471	161	58	of	of	ADP
ftr-471	161	59	the	the	DET
ftr-471	161	60	excess	excess	ADJ
ftr-471	161	61	property	property	NOUN
ftr-471	161	62	received	receive	VERB
ftr-471	161	63	.	.	PUNCT
ftr-471	162	1	as	as	ADP
ftr-471	162	2	a	a	DET
ftr-471	162	3	result	result	NOUN
ftr-471	162	4	of	of	ADP
ftr-471	162	5	the	the	DET
ftr-471	162	6	deemed	deemed	ADJ
ftr-471	162	7	exchange	exchange	NOUN
ftr-471	162	8	,	,	PUNCT
ftr-471	162	9	both	both	CCONJ
ftr-471	162	10	the	the	DET
ftr-471	162	11	distributee	distributee	NOUN
ftr-471	162	12	and	and	CCONJ
ftr-471	162	13	the	the	DET
ftr-471	162	14	partnership	partnership	NOUN
ftr-471	162	15	may	may	AUX
ftr-471	162	16	recognize	recognize	VERB
ftr-471	162	17	gain	gain	NOUN
ftr-471	162	18	or	or	CCONJ
ftr-471	162	19	loss	loss	NOUN
ftr-471	162	20	,	,	PUNCT
ftr-471	162	21	and	and	CCONJ
ftr-471	162	22	both	both	CCONJ
ftr-471	162	23	the	the	DET
ftr-471	162	24	excess	excess	ADJ
ftr-471	162	25	property	property	NOUN
ftr-471	162	26	and	and	CCONJ
ftr-471	162	27	the	the	DET
ftr-471	162	28	other	other	ADJ
ftr-471	162	29	property	property	NOUN
ftr-471	162	30	surrendered	surrender	VERB
ftr-471	162	31	take	take	VERB
ftr-471	162	32	a	a	DET
ftr-471	162	33	cost	cost	NOUN
ftr-471	162	34	basis	basis	NOUN
ftr-471	162	35	.	.	PUNCT
ftr-471	163	1	29	29	NUM
ftr-471	163	2	.	.	PUNCT
ftr-471	164	1	the	the	DET
ftr-471	164	2	basis	basis	NOUN
ftr-471	164	3	allocation	allocation	NOUN
ftr-471	164	4	rules	rule	NOUN
ftr-471	164	5	of	of	ADP
ftr-471	164	6	§	§	PROPN
ftr-471	164	7	755	755	NUM
ftr-471	164	8	would	would	AUX
ftr-471	164	9	prevent	prevent	VERB
ftr-471	164	10	any	any	DET
ftr-471	164	11	basis	basis	NOUN
ftr-471	164	12	adjustment	adjustment	NOUN
ftr-471	164	13	to	to	ADP
ftr-471	164	14	the	the	DET
ftr-471	164	15	partnership	partnership	NOUN
ftr-471	164	16	's	's	PART
ftr-471	164	17	ordinary	ordinary	ADJ
ftr-471	164	18	income	income	NOUN
ftr-471	164	19	assets	asset	NOUN
ftr-471	164	20	as	as	ADP
ftr-471	164	21	a	a	DET
ftr-471	164	22	result	result	NOUN
ftr-471	164	23	of	of	ADP
ftr-471	164	24	gain	gain	NOUN
ftr-471	164	25	recognized	recognize	VERB
ftr-471	164	26	on	on	ADP
ftr-471	164	27	the	the	DET
ftr-471	164	28	liquidating	liquidating	NOUN
ftr-471	164	29	distribution	distribution	NOUN
ftr-471	164	30	.	.	PUNCT
ftr-471	165	1	see	see	VERB
ftr-471	165	2	regs	reg	NOUN
ftr-471	165	3	.	.	PUNCT
ftr-471	166	1	§	§	PROPN
ftr-471	166	2	1.755	1.755	NUM
ftr-471	166	3	-	-	SYM
ftr-471	166	4	1(b)(1)(ii	1(b)(1)(ii	NUM
ftr-471	166	5	)	)	PUNCT
ftr-471	166	6	;	;	PUNCT
ftr-471	166	7	prop	prop	NOUN
ftr-471	166	8	.	.	PUNCT
ftr-471	166	9	regs	regs	PROPN
ftr-471	166	10	.	.	PUNCT
ftr-471	167	1	§	§	PROPN
ftr-471	167	2	1.755	1.755	NUM
ftr-471	167	3	-	-	PUNCT
ftr-471	167	4	1(c)(i)(ii	1(c)(i)(ii	NUM
ftr-471	167	5	)	)	PUNCT
ftr-471	167	6	;	;	PUNCT
ftr-471	167	7	infra	infra	NOUN
ftr-471	167	8	notes	note	VERB
ftr-471	167	9	66	66	NUM
ftr-471	167	10	-	-	SYM
ftr-471	167	11	68	68	NUM
ftr-471	167	12	and	and	CCONJ
ftr-471	167	13	accompanying	accompany	VERB
ftr-471	167	14	text	text	NOUN
ftr-471	167	15	.	.	PUNCT
ftr-471	168	1	30	30	NUM
ftr-471	168	2	.	.	PUNCT
ftr-471	169	1	see	see	VERB
ftr-471	169	2	irc	irc	PROPN
ftr-471	169	3	§	§	PROPN
ftr-471	169	4	1(h	1(h	NUM
ftr-471	169	5	)	)	PUNCT
ftr-471	169	6	.	.	PUNCT
ftr-471	170	1	31	31	NUM
ftr-471	170	2	.	.	PUNCT
ftr-471	171	1	see	see	VERB
ftr-471	171	2	irc	irc	PROPN
ftr-471	171	3	§	§	PROPN
ftr-471	171	4	§	§	PROPN
ftr-471	171	5	732(c	732(c	PROPN
ftr-471	171	6	)	)	PUNCT
ftr-471	171	7	(	(	PUNCT
ftr-471	171	8	providing	provide	VERB
ftr-471	171	9	that	that	SCONJ
ftr-471	171	10	a	a	DET
ftr-471	171	11	distributee	distributee	NOUN
ftr-471	171	12	partner	partner	NOUN
ftr-471	171	13	's	's	PART
ftr-471	171	14	basis	basis	NOUN
ftr-471	171	15	in	in	ADP
ftr-471	171	16	distributed	distribute	VERB
ftr-471	171	17	inventory	inventory	NOUN
ftr-471	171	18	and	and	CCONJ
ftr-471	171	19	unrealized	unrealized	ADJ
ftr-471	171	20	receivables	receivables	NOUN
ftr-471	171	21	can	can	AUX
ftr-471	171	22	not	not	PART
ftr-471	171	23	exceed	exceed	VERB
ftr-471	171	24	the	the	DET
ftr-471	171	25	partnership	partnership	NOUN
ftr-471	171	26	's	's	PART
ftr-471	171	27	basis	basis	NOUN
ftr-471	171	28	for	for	ADP
ftr-471	171	29	such	such	ADJ
ftr-471	171	30	assets	asset	NOUN
ftr-471	171	31	)	)	PUNCT
ftr-471	171	32	,	,	PUNCT
ftr-471	171	33	735	735	NUM
ftr-471	171	34	(	(	PUNCT
ftr-471	171	35	preserving	preserve	VERB
ftr-471	171	36	ordinary	ordinary	ADJ
ftr-471	171	37	character	character	NOUN
ftr-471	171	38	of	of	ADP
ftr-471	171	39	gain	gain	NOUN
ftr-471	171	40	or	or	CCONJ
ftr-471	171	41	loss	loss	NOUN
ftr-471	171	42	on	on	ADP
ftr-471	171	43	distributed	distribute	VERB
ftr-471	171	44	unrealized	unrealized	ADJ
ftr-471	171	45	receivables	receivables	NOUN
ftr-471	171	46	and	and	CCONJ
ftr-471	171	47	inventory	inventory	NOUN
ftr-471	171	48	)	)	PUNCT
ftr-471	171	49	.	.	PUNCT
ftr-471	172	1	32	32	NUM
ftr-471	172	2	.	.	PUNCT
ftr-471	173	1	see	see	PROPN
ftr-471	173	2	andrews	andrews	PROPN
ftr-471	173	3	,	,	PUNCT
ftr-471	173	4	supra	supra	PROPN
ftr-471	173	5	note	note	PROPN
ftr-471	173	6	12	12	NUM
ftr-471	173	7	,	,	PUNCT
ftr-471	173	8	at	at	ADP
ftr-471	173	9	46	46	NUM
ftr-471	173	10	;	;	PUNCT
ftr-471	173	11	cunningham	cunningham	PROPN
ftr-471	173	12	.	.	PUNCT
ftr-471	174	1	supra	supra	PROPN
ftr-471	174	2	note	note	PROPN
ftr-471	174	3	12	12	NUM
ftr-471	174	4	,	,	PUNCT
ftr-471	174	5	at	at	ADP
ftr-471	174	6	89	89	NUM
ftr-471	174	7	-	-	SYM
ftr-471	174	8	90	90	NUM
ftr-471	174	9	.	.	PUNCT
ftr-471	175	1	33	33	NUM
ftr-471	175	2	.	.	PUNCT
ftr-471	176	1	see	see	VERB
ftr-471	176	2	berger	berger	PROPN
ftr-471	176	3	,	,	PUNCT
ftr-471	176	4	supra	supra	PROPN
ftr-471	176	5	note	note	PROPN
ftr-471	176	6	11	11	NUM
ftr-471	176	7	,	,	PUNCT
ftr-471	176	8	at	at	ADP
ftr-471	176	9	147	147	NUM
ftr-471	176	10	.	.	PUNCT
ftr-471	177	1	34	34	NUM
ftr-471	177	2	.	.	PUNCT
ftr-471	177	3	american	american	PROPN
ftr-471	177	4	law	law	PROPN
ftr-471	177	5	institute	institute	PROPN
ftr-471	177	6	,	,	PUNCT
ftr-471	177	7	federal	federal	ADJ
ftr-471	177	8	income	income	NOUN
ftr-471	177	9	tax	tax	NOUN
ftr-471	177	10	project	project	NOUN
ftr-471	177	11	:	:	PUNCT
ftr-471	177	12	subchapter	subchapter	NOUN
ftr-471	177	13	k.	k.	NOUN
ftr-471	177	14	proposals	proposal	NOUN
ftr-471	177	15	on	on	ADP
ftr-471	177	16	the	the	DET
ftr-471	177	17	taxation	taxation	NOUN
ftr-471	177	18	of	of	ADP
ftr-471	177	19	partners	partner	NOUN
ftr-471	177	20	8	8	NUM
ftr-471	177	21	(	(	PUNCT
ftr-471	177	22	1984	1984	NUM
ftr-471	177	23	)	)	PUNCT
ftr-471	178	1	[	[	X
ftr-471	178	2	hereinafter	hereinafter	NOUN
ftr-471	178	3	all	all	DET
ftr-471	178	4	tax	tax	NOUN
ftr-471	178	5	project	project	NOUN
ftr-471	178	6	]	]	PUNCT
ftr-471	178	7	.	.	PUNCT
ftr-471	179	1	19981	19981	NUM
ftr-471	179	2	florida	florida	PROPN
ftr-471	179	3	tax	tax	NOUN
ftr-471	179	4	review	review	NOUN
ftr-471	179	5	to	to	PART
ftr-471	179	6	illustrate	illustrate	VERB
ftr-471	179	7	the	the	DET
ftr-471	179	8	operation	operation	NOUN
ftr-471	179	9	of	of	ADP
ftr-471	179	10	section	section	NOUN
ftr-471	179	11	751	751	NUM
ftr-471	179	12	(	(	PUNCT
ftr-471	179	13	b	b	NOUN
ftr-471	179	14	)	)	PUNCT
ftr-471	179	15	in	in	ADP
ftr-471	179	16	a	a	DET
ftr-471	179	17	nonliquidating	nonliquidate	VERB
ftr-471	179	18	distribution	distribution	NOUN
ftr-471	179	19	,	,	PUNCT
ftr-471	179	20	assume	assume	VERB
ftr-471	179	21	that	that	SCONJ
ftr-471	179	22	the	the	DET
ftr-471	179	23	abc	abc	PROPN
ftr-471	179	24	partnership	partnership	NOUN
ftr-471	179	25	in	in	ADP
ftr-471	179	26	the	the	DET
ftr-471	179	27	above	above	ADJ
ftr-471	179	28	example	example	NOUN
ftr-471	179	29	distributes	distribute	VERB
ftr-471	179	30	one	one	NUM
ftr-471	179	31	-	-	PUNCT
ftr-471	179	32	half	half	NOUN
ftr-471	179	33	of	of	ADP
ftr-471	179	34	its	its	PRON
ftr-471	179	35	land	land	NOUN
ftr-471	179	36	(	(	PUNCT
ftr-471	179	37	worth	worth	ADJ
ftr-471	179	38	$	$	SYM
ftr-471	179	39	150	150	NUM
ftr-471	179	40	)	)	PUNCT
ftr-471	179	41	to	to	ADP
ftr-471	179	42	c	c	PROPN
ftr-471	179	43	,	,	PUNCT
ftr-471	179	44	reducing	reduce	VERB
ftr-471	179	45	her	her	PRON
ftr-471	179	46	interest	interest	NOUN
ftr-471	179	47	in	in	ADP
ftr-471	179	48	the	the	DET
ftr-471	179	49	partnership	partnership	NOUN
ftr-471	179	50	from	from	ADP
ftr-471	179	51	one	one	NUM
ftr-471	179	52	-	-	PUNCT
ftr-471	179	53	third	third	NOUN
ftr-471	179	54	to	to	ADP
ftr-471	179	55	one	one	NUM
ftr-471	179	56	-	-	PUNCT
ftr-471	179	57	fifth	fifth	NOUN
ftr-471	179	58	.	.	PUNCT
ftr-471	179	59	35	35	NUM
ftr-471	179	60	as	as	SCONJ
ftr-471	179	61	revealed	reveal	VERB
ftr-471	179	62	by	by	ADP
ftr-471	179	63	the	the	DET
ftr-471	179	64	"	"	PUNCT
ftr-471	179	65	partnership	partnership	NOUN
ftr-471	179	66	exchange	exchange	NOUN
ftr-471	179	67	table	table	NOUN
ftr-471	179	68	"	"	PUNCT
ftr-471	179	69	in	in	ADP
ftr-471	179	70	the	the	DET
ftr-471	179	71	margin,36	margin,36	NOUN
ftr-471	179	72	c	c	NOUN
ftr-471	179	73	has	have	AUX
ftr-471	179	74	relinquished	relinquish	VERB
ftr-471	179	75	an	an	DET
ftr-471	179	76	interest	interest	NOUN
ftr-471	179	77	in	in	ADP
ftr-471	179	78	section	section	NOUN
ftr-471	179	79	751	751	NUM
ftr-471	179	80	assets	asset	NOUN
ftr-471	179	81	worth	worth	ADJ
ftr-471	179	82	$	$	SYM
ftr-471	179	83	40	40	NUM
ftr-471	179	84	for	for	ADP
ftr-471	179	85	an	an	DET
ftr-471	179	86	equivalent	equivalent	ADJ
ftr-471	179	87	amount	amount	NOUN
ftr-471	179	88	of	of	ADP
ftr-471	179	89	nonsection	nonsection	NOUN
ftr-471	179	90	751	751	NUM
ftr-471	179	91	assets	asset	NOUN
ftr-471	179	92	.	.	PUNCT
ftr-471	180	1	in	in	ADP
ftr-471	180	2	the	the	DET
ftr-471	180	3	deemed	deemed	ADJ
ftr-471	180	4	exchange	exchange	NOUN
ftr-471	180	5	,	,	PUNCT
ftr-471	180	6	the	the	DET
ftr-471	180	7	partnership	partnership	NOUN
ftr-471	180	8	is	be	AUX
ftr-471	180	9	treated	treat	VERB
ftr-471	180	10	as	as	ADP
ftr-471	180	11	transferring	transfer	VERB
ftr-471	180	12	$	$	SYM
ftr-471	180	13	40	40	NUM
ftr-471	180	14	worth	worth	NOUN
ftr-471	180	15	of	of	ADP
ftr-471	180	16	land	land	NOUN
ftr-471	180	17	(	(	PUNCT
ftr-471	180	18	with	with	ADP
ftr-471	180	19	a	a	DET
ftr-471	180	20	basis	basis	NOUN
ftr-471	180	21	of	of	ADP
ftr-471	180	22	$	$	SYM
ftr-471	180	23	20	20	NUM
ftr-471	180	24	)	)	PUNCT
ftr-471	180	25	to	to	ADP
ftr-471	180	26	c	c	NOUN
ftr-471	180	27	,	,	PUNCT
ftr-471	180	28	and	and	CCONJ
ftr-471	180	29	c	c	NOUN
ftr-471	180	30	is	be	AUX
ftr-471	180	31	treated	treat	VERB
ftr-471	180	32	as	as	ADP
ftr-471	180	33	surrendering	surrender	VERB
ftr-471	180	34	$	$	SYM
ftr-471	180	35	40	40	NUM
ftr-471	180	36	worth	worth	NOUN
ftr-471	180	37	of	of	ADP
ftr-471	180	38	hot	hot	ADJ
ftr-471	180	39	assets	asset	NOUN
ftr-471	180	40	(	(	PUNCT
ftr-471	180	41	with	with	ADP
ftr-471	180	42	a	a	DET
ftr-471	180	43	basis	basis	NOUN
ftr-471	180	44	of	of	ADP
ftr-471	180	45	$	$	SYM
ftr-471	180	46	20	20	NUM
ftr-471	180	47	)	)	PUNCT
ftr-471	180	48	.	.	PUNCT
ftr-471	181	1	as	as	ADP
ftr-471	181	2	a	a	DET
ftr-471	181	3	result	result	NOUN
ftr-471	181	4	of	of	ADP
ftr-471	181	5	the	the	DET
ftr-471	181	6	deemed	deemed	ADJ
ftr-471	181	7	exchange	exchange	NOUN
ftr-471	181	8	,	,	PUNCT
ftr-471	181	9	c	c	PROPN
ftr-471	181	10	recognizes	recognize	VERB
ftr-471	181	11	$	$	SYM
ftr-471	181	12	20	20	NUM
ftr-471	181	13	of	of	ADP
ftr-471	181	14	ordinary	ordinary	ADJ
ftr-471	181	15	income	income	NOUN
ftr-471	181	16	attributable	attributable	ADJ
ftr-471	181	17	to	to	ADP
ftr-471	181	18	her	her	PRON
ftr-471	181	19	share	share	NOUN
ftr-471	181	20	of	of	ADP
ftr-471	181	21	hot	hot	ADJ
ftr-471	181	22	assets	asset	NOUN
ftr-471	181	23	relinquished	relinquish	VERB
ftr-471	181	24	and	and	CCONJ
ftr-471	181	25	the	the	DET
ftr-471	181	26	partnership	partnership	NOUN
ftr-471	181	27	's	's	PART
ftr-471	181	28	basis	basis	NOUN
ftr-471	181	29	in	in	ADP
ftr-471	181	30	the	the	DET
ftr-471	181	31	hot	hot	ADJ
ftr-471	181	32	assets	asset	NOUN
ftr-471	181	33	is	be	AUX
ftr-471	181	34	increased	increase	VERB
ftr-471	181	35	to	to	ADP
ftr-471	181	36	$	$	SYM
ftr-471	181	37	170	170	NUM
ftr-471	181	38	;	;	PUNCT
ftr-471	181	39	on	on	ADP
ftr-471	181	40	the	the	DET
ftr-471	181	41	deemed	deemed	ADJ
ftr-471	181	42	exchange	exchange	NOUN
ftr-471	181	43	of	of	ADP
ftr-471	181	44	the	the	DET
ftr-471	181	45	land	land	NOUN
ftr-471	181	46	,	,	PUNCT
ftr-471	181	47	the	the	DET
ftr-471	181	48	partnership	partnership	NOUN
ftr-471	181	49	recognizes	recognize	VERB
ftr-471	181	50	$	$	SYM
ftr-471	181	51	20	20	NUM
ftr-471	181	52	of	of	ADP
ftr-471	181	53	capital	capital	NOUN
ftr-471	181	54	gain	gain	NOUN
ftr-471	181	55	allocated	allocate	VERB
ftr-471	181	56	equally	equally	ADV
ftr-471	181	57	among	among	ADP
ftr-471	181	58	the	the	DET
ftr-471	181	59	non	non	ADJ
ftr-471	181	60	-	-	ADJ
ftr-471	181	61	distributee	distributee	ADJ
ftr-471	181	62	partners	partner	NOUN
ftr-471	181	63	(	(	PUNCT
ftr-471	181	64	a	a	PRON
ftr-471	181	65	and	and	CCONJ
ftr-471	181	66	b),37	b),37	NOUN
ftr-471	181	67	increasing	increase	VERB
ftr-471	181	68	their	their	PRON
ftr-471	181	69	outside	outside	ADJ
ftr-471	181	70	bases	basis	NOUN
ftr-471	181	71	.	.	PUNCT
ftr-471	182	1	finally	finally	ADV
ftr-471	182	2	,	,	PUNCT
ftr-471	182	3	the	the	DET
ftr-471	182	4	partnership	partnership	NOUN
ftr-471	182	5	is	be	AUX
ftr-471	182	6	treated	treat	VERB
ftr-471	182	7	as	as	ADP
ftr-471	182	8	making	make	VERB
ftr-471	182	9	a	a	DET
ftr-471	182	10	current	current	ADJ
ftr-471	182	11	distribution	distribution	NOUN
ftr-471	182	12	to	to	ADP
ftr-471	182	13	c	c	PROPN
ftr-471	182	14	of	of	ADP
ftr-471	182	15	land	land	NOUN
ftr-471	182	16	(	(	PUNCT
ftr-471	182	17	with	with	ADP
ftr-471	182	18	a	a	DET
ftr-471	182	19	fair	fair	ADJ
ftr-471	182	20	market	market	NOUN
ftr-471	182	21	value	value	NOUN
ftr-471	182	22	of	of	ADP
ftr-471	182	23	$	$	SYM
ftr-471	182	24	110	110	NUM
ftr-471	182	25	and	and	CCONJ
ftr-471	182	26	a	a	DET
ftr-471	182	27	basis	basis	NOUN
ftr-471	182	28	of	of	ADP
ftr-471	182	29	$	$	SYM
ftr-471	182	30	55	55	NUM
ftr-471	182	31	)	)	PUNCT
ftr-471	182	32	.	.	PUNCT
ftr-471	183	1	c	c	PROPN
ftr-471	183	2	takes	take	VERB
ftr-471	183	3	a	a	DET
ftr-471	183	4	basis	basis	NOUN
ftr-471	183	5	of	of	ADP
ftr-471	183	6	$	$	SYM
ftr-471	183	7	95	95	NUM
ftr-471	183	8	in	in	ADP
ftr-471	183	9	the	the	DET
ftr-471	183	10	land	land	NOUN
ftr-471	183	11	(	(	PUNCT
ftr-471	183	12	$	$	SYM
ftr-471	183	13	40	40	NUM
ftr-471	183	14	cost	cost	NOUN
ftr-471	183	15	basis	basis	NOUN
ftr-471	183	16	plus	plus	CCONJ
ftr-471	183	17	$	$	SYM
ftr-471	183	18	55	55	NUM
ftr-471	183	19	basis	basis	NOUN
ftr-471	183	20	of	of	ADP
ftr-471	183	21	distributed	distribute	VERB
ftr-471	183	22	land	land	NOUN
ftr-471	183	23	)	)	PUNCT
ftr-471	183	24	;	;	PUNCT
ftr-471	183	25	c	c	X
ftr-471	183	26	's	's	PART
ftr-471	183	27	outside	outside	ADJ
ftr-471	183	28	basis	basis	NOUN
ftr-471	183	29	is	be	AUX
ftr-471	183	30	reduced	reduce	VERB
ftr-471	183	31	to	to	ADP
ftr-471	183	32	$	$	SYM
ftr-471	183	33	125	125	NUM
ftr-471	183	34	(	(	PUNCT
ftr-471	183	35	$	$	SYM
ftr-471	183	36	200	200	NUM
ftr-471	183	37	basis	basis	NOUN
ftr-471	183	38	less	less	ADJ
ftr-471	183	39	$	$	SYM
ftr-471	183	40	20	20	NUM
ftr-471	183	41	basis	basis	NOUN
ftr-471	183	42	allocated	allocate	VERB
ftr-471	183	43	to	to	ADP
ftr-471	183	44	c	c	PROPN
ftr-471	183	45	's	's	PART
ftr-471	183	46	share	share	NOUN
ftr-471	183	47	of	of	ADP
ftr-471	183	48	hot	hot	ADJ
ftr-471	183	49	assets	asset	NOUN
ftr-471	183	50	deemed	deem	VERB
ftr-471	183	51	distributed	distribute	VERB
ftr-471	183	52	and	and	CCONJ
ftr-471	183	53	$	$	SYM
ftr-471	183	54	55	55	NUM
ftr-471	183	55	basis	basis	NOUN
ftr-471	183	56	of	of	ADP
ftr-471	183	57	distributed	distribute	VERB
ftr-471	183	58	land).38	land).38	PROPN
ftr-471	183	59	35	35	NUM
ftr-471	183	60	.	.	PUNCT
ftr-471	184	1	prior	prior	ADV
ftr-471	184	2	to	to	ADP
ftr-471	184	3	the	the	DET
ftr-471	184	4	distribution	distribution	NOUN
ftr-471	184	5	,	,	PUNCT
ftr-471	184	6	the	the	DET
ftr-471	184	7	fair	fair	ADJ
ftr-471	184	8	market	market	NOUN
ftr-471	184	9	value	value	NOUN
ftr-471	184	10	of	of	ADP
ftr-471	184	11	c	c	PROPN
ftr-471	184	12	's	's	PART
ftr-471	184	13	partnership	partnership	NOUN
ftr-471	184	14	interest	interest	NOUN
ftr-471	184	15	(	(	PUNCT
ftr-471	184	16	$	$	SYM
ftr-471	184	17	300	300	NUM
ftr-471	184	18	)	)	PUNCT
ftr-471	184	19	represented	represent	VERB
ftr-471	184	20	one	one	NUM
ftr-471	184	21	-	-	PUNCT
ftr-471	184	22	third	third	NOUN
ftr-471	184	23	of	of	ADP
ftr-471	184	24	the	the	DET
ftr-471	184	25	fair	fair	ADJ
ftr-471	184	26	market	market	NOUN
ftr-471	184	27	value	value	NOUN
ftr-471	184	28	of	of	ADP
ftr-471	184	29	all	all	PRON
ftr-471	184	30	of	of	ADP
ftr-471	184	31	the	the	DET
ftr-471	184	32	partnership	partnership	NOUN
ftr-471	184	33	's	's	PART
ftr-471	184	34	assets	asset	NOUN
ftr-471	184	35	(	(	PUNCT
ftr-471	184	36	$	$	SYM
ftr-471	184	37	900	900	NUM
ftr-471	184	38	)	)	PUNCT
ftr-471	184	39	.	.	PUNCT
ftr-471	185	1	after	after	ADP
ftr-471	185	2	the	the	DET
ftr-471	185	3	distribution	distribution	NOUN
ftr-471	185	4	to	to	ADP
ftr-471	185	5	c	c	PROPN
ftr-471	185	6	of	of	ADP
ftr-471	185	7	land	land	NOUN
ftr-471	185	8	worth	worth	ADJ
ftr-471	185	9	$	$	SYM
ftr-471	185	10	150	150	NUM
ftr-471	185	11	,	,	PUNCT
ftr-471	185	12	the	the	DET
ftr-471	185	13	fair	fair	ADJ
ftr-471	185	14	market	market	NOUN
ftr-471	185	15	value	value	NOUN
ftr-471	185	16	of	of	ADP
ftr-471	185	17	c	c	PROPN
ftr-471	185	18	's	's	PART
ftr-471	185	19	partnership	partnership	NOUN
ftr-471	185	20	interest	interest	NOUN
ftr-471	185	21	(	(	PUNCT
ftr-471	185	22	$	$	SYM
ftr-471	185	23	150	150	NUM
ftr-471	185	24	)	)	PUNCT
ftr-471	185	25	represents	represent	VERB
ftr-471	185	26	one	one	NUM
ftr-471	185	27	-	-	PUNCT
ftr-471	185	28	fifth	fifth	NOUN
ftr-471	185	29	of	of	ADP
ftr-471	185	30	the	the	DET
ftr-471	185	31	fair	fair	ADJ
ftr-471	185	32	market	market	NOUN
ftr-471	185	33	value	value	NOUN
ftr-471	185	34	of	of	ADP
ftr-471	185	35	the	the	DET
ftr-471	185	36	remaining	remain	VERB
ftr-471	185	37	partnership	partnership	NOUN
ftr-471	185	38	assets	asset	NOUN
ftr-471	185	39	(	(	PUNCT
ftr-471	185	40	$	$	SYM
ftr-471	185	41	750	750	NUM
ftr-471	185	42	)	)	PUNCT
ftr-471	185	43	.	.	PUNCT
ftr-471	186	1	36	36	NUM
ftr-471	186	2	.	.	PUNCT
ftr-471	186	3	to	to	PART
ftr-471	186	4	determine	determine	VERB
ftr-471	186	5	the	the	DET
ftr-471	186	6	assets	asset	NOUN
ftr-471	186	7	involved	involve	VERB
ftr-471	186	8	in	in	ADP
ftr-471	186	9	the	the	DET
ftr-471	186	10	deemed	deemed	ADJ
ftr-471	186	11	§	§	PROPN
ftr-471	186	12	751(b	751(b	PROPN
ftr-471	186	13	)	)	PUNCT
ftr-471	186	14	exchange	exchange	NOUN
ftr-471	186	15	,	,	PUNCT
ftr-471	186	16	c	c	PROPN
ftr-471	186	17	's	's	PART
ftr-471	186	18	predistribution	predistribution	NOUN
ftr-471	186	19	interest	interest	NOUN
ftr-471	186	20	in	in	ADP
ftr-471	186	21	partnership	partnership	NOUN
ftr-471	186	22	assets	asset	NOUN
ftr-471	186	23	must	must	AUX
ftr-471	186	24	be	be	AUX
ftr-471	186	25	compared	compare	VERB
ftr-471	186	26	with	with	ADP
ftr-471	186	27	the	the	DET
ftr-471	186	28	total	total	NOUN
ftr-471	186	29	of	of	ADP
ftr-471	186	30	c	c	PROPN
ftr-471	186	31	's	's	PART
ftr-471	186	32	postdistribution	postdistribution	NOUN
ftr-471	186	33	interest	interest	NOUN
ftr-471	186	34	in	in	ADP
ftr-471	186	35	the	the	DET
ftr-471	186	36	remaining	remain	VERB
ftr-471	186	37	partnership	partnership	NOUN
ftr-471	186	38	assets	asset	NOUN
ftr-471	186	39	and	and	CCONJ
ftr-471	186	40	the	the	DET
ftr-471	186	41	assets	asset	NOUN
ftr-471	186	42	distributed	distribute	VERB
ftr-471	186	43	:	:	PUNCT
ftr-471	186	44	partnership	partnership	NOUN
ftr-471	186	45	exchange	exchange	NOUN
ftr-471	186	46	table	table	NOUN
ftr-471	186	47	gross	gross	ADJ
ftr-471	186	48	value	value	NOUN
ftr-471	186	49	+	+	CCONJ
ftr-471	186	50	gross	gross	ADJ
ftr-471	186	51	value	value	NOUN
ftr-471	186	52	gross	gross	ADJ
ftr-471	186	53	value	value	NOUN
ftr-471	186	54	=	=	PUNCT
ftr-471	186	55	increase	increase	NOUN
ftr-471	186	56	of	of	ADP
ftr-471	186	57	c	c	PROPN
ftr-471	186	58	's	's	PART
ftr-471	186	59	postof	postof	PROPN
ftr-471	186	60	assets	asset	NOUN
ftr-471	186	61	of	of	ADP
ftr-471	186	62	c	c	PROPN
ftr-471	186	63	's	's	PART
ftr-471	186	64	pre(decrease	pre(decrease	NOUN
ftr-471	186	65	)	)	PUNCT
ftr-471	186	66	distribution	distribution	NOUN
ftr-471	186	67	distributed	distribute	VERB
ftr-471	186	68	distribution	distribution	NOUN
ftr-471	186	69	in	in	ADP
ftr-471	186	70	c	c	PROPN
ftr-471	186	71	's	's	PART
ftr-471	186	72	115	115	NUM
ftr-471	186	73	interest	interest	NOUN
ftr-471	186	74	1/3	1/3	NUM
ftr-471	186	75	interest	interest	NOUN
ftr-471	186	76	interest	interest	NOUN
ftr-471	186	77	non	non	NOUN
ftr-471	186	78	§	§	PROPN
ftr-471	186	79	751	751	NUM
ftr-471	186	80	assets	asset	NOUN
ftr-471	186	81	cash	cash	VERB
ftr-471	186	82	$	$	SYM
ftr-471	186	83	60	60	NUM
ftr-471	186	84	$	$	SYM
ftr-471	186	85	0	0	NUM
ftr-471	186	86	$	$	SYM
ftr-471	186	87	100	100	NUM
ftr-471	186	88	(	(	PUNCT
ftr-471	186	89	$	$	SYM
ftr-471	186	90	40	40	NUM
ftr-471	186	91	)	)	PUNCT
ftr-471	186	92	land	land	NOUN
ftr-471	186	93	30	30	NUM
ftr-471	186	94	150	150	NUM
ftr-471	186	95	100	100	NUM
ftr-471	186	96	80	80	NUM
ftr-471	186	97	total	total	NOUN
ftr-471	186	98	$	$	SYM
ftr-471	186	99	90	90	NUM
ftr-471	186	100	$	$	SYM
ftr-471	186	101	150	150	NUM
ftr-471	186	102	$	$	SYM
ftr-471	186	103	200	200	NUM
ftr-471	186	104	$	$	SYM
ftr-471	186	105	40	40	NUM
ftr-471	186	106	§	§	NOUN
ftr-471	186	107	751	751	NUM
ftr-471	186	108	assets	asset	NOUN
ftr-471	186	109	inventory	inventory	NOUN
ftr-471	187	1	$	$	SYM
ftr-471	187	2	60	60	NUM
ftr-471	187	3	$	$	SYM
ftr-471	187	4	0	0	NUM
ftr-471	187	5	$	$	SYM
ftr-471	187	6	100	100	NUM
ftr-471	187	7	(	(	PUNCT
ftr-471	187	8	$	$	SYM
ftr-471	187	9	40	40	NUM
ftr-471	187	10	)	)	PUNCT
ftr-471	187	11	see	see	VERB
ftr-471	187	12	mckee	mckee	PROPN
ftr-471	187	13	et	et	PROPN
ftr-471	187	14	al	al	PROPN
ftr-471	187	15	.	.	PROPN
ftr-471	187	16	,	,	PUNCT
ftr-471	187	17	supra	supra	PROPN
ftr-471	187	18	note	note	PROPN
ftr-471	187	19	19	19	NUM
ftr-471	187	20	,	,	PUNCT
ftr-471	187	21	21.03[3	21.03[3	PRON
ftr-471	187	22	]	]	X
ftr-471	187	23	,	,	PUNCT
ftr-471	187	24	at	at	ADP
ftr-471	187	25	21	21	NUM
ftr-471	187	26	-	-	SYM
ftr-471	187	27	14	14	NUM
ftr-471	187	28	to	to	PART
ftr-471	187	29	21	21	NUM
ftr-471	187	30	-	-	SYM
ftr-471	187	31	16	16	NUM
ftr-471	187	32	.	.	PUNCT
ftr-471	188	1	37	37	NUM
ftr-471	188	2	.	.	PUNCT
ftr-471	189	1	see	see	VERB
ftr-471	189	2	regs	reg	NOUN
ftr-471	189	3	.	.	PUNCT
ftr-471	190	1	§	§	PROPN
ftr-471	190	2	1.751	1.751	NUM
ftr-471	190	3	-	-	SYM
ftr-471	190	4	1(b)(2)(ii	1(b)(2)(ii	NUM
ftr-471	190	5	)	)	PUNCT
ftr-471	190	6	.	.	PUNCT
ftr-471	191	1	38	38	NUM
ftr-471	191	2	.	.	PUNCT
ftr-471	192	1	the	the	DET
ftr-471	192	2	partnership	partnership	NOUN
ftr-471	192	3	's	's	PART
ftr-471	192	4	post	post	ADJ
ftr-471	192	5	-	-	ADJ
ftr-471	192	6	distribution	distribution	ADJ
ftr-471	192	7	balance	balance	NOUN
ftr-471	192	8	sheet	sheet	NOUN
ftr-471	192	9	would	would	AUX
ftr-471	192	10	be	be	AUX
ftr-471	192	11	as	as	SCONJ
ftr-471	192	12	follows	follow	VERB
ftr-471	192	13	:	:	PUNCT
ftr-471	192	14	assets	asset	NOUN
ftr-471	192	15	basis	basis	NOUN
ftr-471	192	16	value	value	NOUN
ftr-471	192	17	capital	capital	NOUN
ftr-471	192	18	basis	basis	NOUN
ftr-471	192	19	value	value	NOUN
ftr-471	192	20	cash	cash	VERB
ftr-471	192	21	$	$	SYM
ftr-471	192	22	300	300	NUM
ftr-471	192	23	$	$	SYM
ftr-471	192	24	300	300	NUM
ftr-471	192	25	a	a	DET
ftr-471	192	26	$	$	SYM
ftr-471	192	27	210	210	NUM
ftr-471	192	28	$	$	SYM
ftr-471	192	29	300	300	NUM
ftr-471	192	30	inventory	inventory	NOUN
ftr-471	192	31	land	land	NOUN
ftr-471	192	32	total	total	NOUN
ftr-471	192	33	170	170	NUM
ftr-471	192	34	75	75	NUM
ftr-471	192	35	$	$	SYM
ftr-471	192	36	545	545	NUM
ftr-471	192	37	300	300	NUM
ftr-471	192	38	150	150	NUM
ftr-471	192	39	$	$	SYM
ftr-471	192	40	750	750	NUM
ftr-471	192	41	b	b	NOUN
ftr-471	192	42	c	c	NOUN
ftr-471	192	43	total	total	NOUN
ftr-471	192	44	210	210	NUM
ftr-471	192	45	125	125	NUM
ftr-471	192	46	$	$	SYM
ftr-471	192	47	545	545	NUM
ftr-471	192	48	300	300	NUM
ftr-471	192	49	150	150	NUM
ftr-471	192	50	$	$	SYM
ftr-471	192	51	750	750	NUM
ftr-471	193	1	[	[	X
ftr-471	193	2	vol	vol	NOUN
ftr-471	193	3	.	.	PUNCT
ftr-471	193	4	3:12	3:12	NUM
ftr-471	193	5	partnership	partnership	NOUN
ftr-471	193	6	distributions	distribution	NOUN
ftr-471	193	7	:	:	PUNCT
ftr-471	193	8	options	option	NOUN
ftr-471	193	9	for	for	ADP
ftr-471	193	10	reform	reform	NOUN
ftr-471	193	11	the	the	DET
ftr-471	193	12	hypothetical	hypothetical	ADJ
ftr-471	193	13	section	section	NOUN
ftr-471	193	14	751(b	751(b	PROPN
ftr-471	193	15	)	)	PUNCT
ftr-471	193	16	exchange	exchange	NOUN
ftr-471	193	17	imposes	impose	VERB
ftr-471	193	18	a	a	DET
ftr-471	193	19	tax	tax	NOUN
ftr-471	193	20	"	"	PUNCT
ftr-471	193	21	whose	whose	DET
ftr-471	193	22	purpose	purpose	NOUN
ftr-471	193	23	is	be	AUX
ftr-471	193	24	totally	totally	ADV
ftr-471	193	25	obscure	obscure	ADJ
ftr-471	193	26	"	"	PUNCT
ftr-471	193	27	on	on	ADP
ftr-471	193	28	those	those	DET
ftr-471	193	29	partners	partner	NOUN
ftr-471	193	30	who	who	PRON
ftr-471	193	31	are	be	AUX
ftr-471	193	32	treated	treat	VERB
ftr-471	193	33	as	as	ADP
ftr-471	193	34	surrendering	surrender	VERB
ftr-471	193	35	nonsection	nonsection	NOUN
ftr-471	193	36	751	751	NUM
ftr-471	193	37	assets	asset	NOUN
ftr-471	193	38	in	in	ADP
ftr-471	193	39	the	the	DET
ftr-471	193	40	deemed	deemed	ADJ
ftr-471	193	41	exchange.39	exchange.39	PROPN
ftr-471	193	42	rather	rather	ADV
ftr-471	193	43	than	than	ADP
ftr-471	193	44	serving	serve	VERB
ftr-471	193	45	any	any	DET
ftr-471	193	46	discernible	discernible	ADJ
ftr-471	193	47	policy	policy	NOUN
ftr-471	193	48	goal	goal	NOUN
ftr-471	193	49	,	,	PUNCT
ftr-471	193	50	exchange	exchange	NOUN
ftr-471	193	51	treatment	treatment	NOUN
ftr-471	193	52	is	be	AUX
ftr-471	193	53	apparently	apparently	ADV
ftr-471	193	54	an	an	DET
ftr-471	193	55	unintended	unintended	ADJ
ftr-471	193	56	consequence	consequence	NOUN
ftr-471	193	57	of	of	ADP
ftr-471	193	58	the	the	DET
ftr-471	193	59	particular	particular	ADJ
ftr-471	193	60	statutory	statutory	ADJ
ftr-471	193	61	mechanism	mechanism	NOUN
ftr-471	193	62	chosen	choose	VERB
ftr-471	193	63	by	by	ADP
ftr-471	193	64	congress	congress	PROPN
ftr-471	193	65	in	in	ADP
ftr-471	193	66	1954.40	1954.40	NUM
ftr-471	193	67	more	more	ADV
ftr-471	193	68	recently	recently	ADV
ftr-471	193	69	congress	congress	PROPN
ftr-471	193	70	has	have	AUX
ftr-471	193	71	attempted	attempt	VERB
ftr-471	193	72	to	to	PART
ftr-471	193	73	prevent	prevent	VERB
ftr-471	193	74	shifting	shift	VERB
ftr-471	193	75	of	of	ADP
ftr-471	193	76	built	build	VERB
ftr-471	193	77	-	-	PUNCT
ftr-471	193	78	in	in	ADP
ftr-471	193	79	gain	gain	NOUN
ftr-471	193	80	or	or	CCONJ
ftr-471	193	81	loss	loss	NOUN
ftr-471	193	82	by	by	ADP
ftr-471	193	83	mandating	mandate	VERB
ftr-471	193	84	deemed	deem	VERB
ftr-471	193	85	-	-	PUNCT
ftr-471	193	86	sale	sale	NOUN
ftr-471	193	87	treatment	treatment	NOUN
ftr-471	193	88	for	for	ADP
ftr-471	193	89	certain	certain	ADJ
ftr-471	193	90	distributions	distribution	NOUN
ftr-471	193	91	of	of	ADP
ftr-471	193	92	section	section	NOUN
ftr-471	193	93	704(c	704(c	NOUN
ftr-471	193	94	)	)	PUNCT
ftr-471	193	95	property	property	NOUN
ftr-471	193	96	.	.	PUNCT
ftr-471	193	97	"	"	PUNCT
ftr-471	194	1	the	the	DET
ftr-471	194	2	consequences	consequence	NOUN
ftr-471	194	3	of	of	ADP
ftr-471	194	4	these	these	DET
ftr-471	194	5	distributions	distribution	NOUN
ftr-471	194	6	are	be	AUX
ftr-471	194	7	determined	determine	VERB
ftr-471	194	8	as	as	SCONJ
ftr-471	194	9	if	if	SCONJ
ftr-471	194	10	such	such	ADJ
ftr-471	194	11	property	property	NOUN
ftr-471	194	12	had	have	AUX
ftr-471	194	13	actually	actually	ADV
ftr-471	194	14	been	be	AUX
ftr-471	194	15	sold	sell	VERB
ftr-471	194	16	for	for	ADP
ftr-471	194	17	cash	cash	NOUN
ftr-471	194	18	at	at	ADP
ftr-471	194	19	fair	fair	ADJ
ftr-471	194	20	market	market	NOUN
ftr-471	194	21	value,42	value,42	NOUN
ftr-471	194	22	with	with	ADP
ftr-471	194	23	appropriate	appropriate	ADJ
ftr-471	194	24	adjustments	adjustment	NOUN
ftr-471	194	25	to	to	ADP
ftr-471	194	26	inside	inside	ADP
ftr-471	194	27	and	and	CCONJ
ftr-471	194	28	outside	outside	ADJ
ftr-471	194	29	basis	basis	NOUN
ftr-471	194	30	.	.	PUNCT
ftr-471	195	1	3	3	NUM
ftr-471	195	2	if	if	SCONJ
ftr-471	195	3	,	,	PUNCT
ftr-471	195	4	in	in	ADP
ftr-471	195	5	the	the	DET
ftr-471	195	6	example	example	NOUN
ftr-471	195	7	above	above	ADV
ftr-471	195	8	,	,	PUNCT
ftr-471	195	9	c	c	PROPN
ftr-471	195	10	were	be	AUX
ftr-471	195	11	treated	treat	VERB
ftr-471	195	12	as	as	ADP
ftr-471	195	13	selling	sell	VERB
ftr-471	195	14	her	her	PRON
ftr-471	195	15	relinquished	relinquished	ADJ
ftr-471	195	16	share	share	NOUN
ftr-471	195	17	of	of	ADP
ftr-471	195	18	hot	hot	ADJ
ftr-471	195	19	assets	asset	NOUN
ftr-471	195	20	for	for	ADP
ftr-471	195	21	fair	fair	ADJ
ftr-471	195	22	market	market	NOUN
ftr-471	195	23	value	value	NOUN
ftr-471	195	24	,	,	PUNCT
ftr-471	195	25	c	c	PROPN
ftr-471	195	26	would	would	AUX
ftr-471	195	27	recognize	recognize	VERB
ftr-471	195	28	$	$	SYM
ftr-471	195	29	20	20	NUM
ftr-471	195	30	of	of	ADP
ftr-471	195	31	ordinary	ordinary	ADJ
ftr-471	195	32	income	income	NOUN
ftr-471	195	33	,	,	PUNCT
ftr-471	195	34	increasing	increase	VERB
ftr-471	195	35	her	she	PRON
ftr-471	195	36	outside	outside	ADJ
ftr-471	195	37	basis	basis	NOUN
ftr-471	195	38	and	and	CCONJ
ftr-471	195	39	the	the	DET
ftr-471	195	40	basis	basis	NOUN
ftr-471	195	41	of	of	ADP
ftr-471	195	42	the	the	DET
ftr-471	195	43	partnership	partnership	NOUN
ftr-471	195	44	's	's	PART
ftr-471	195	45	hot	hot	ADJ
ftr-471	195	46	assets	asset	NOUN
ftr-471	195	47	.	.	PUNCT
ftr-471	196	1	the	the	DET
ftr-471	196	2	deemed	deem	VERB
ftr-471	196	3	sale	sale	NOUN
ftr-471	196	4	would	would	AUX
ftr-471	196	5	trigger	trigger	VERB
ftr-471	196	6	no	no	DET
ftr-471	196	7	gain	gain	NOUN
ftr-471	196	8	to	to	ADP
ftr-471	196	9	a	a	PRON
ftr-471	196	10	and	and	CCONJ
ftr-471	196	11	b	b	NOUN
ftr-471	196	12	,	,	PUNCT
ftr-471	196	13	since	since	SCONJ
ftr-471	196	14	their	their	PRON
ftr-471	196	15	share	share	NOUN
ftr-471	196	16	of	of	ADP
ftr-471	196	17	the	the	DET
ftr-471	196	18	partnership	partnership	NOUN
ftr-471	196	19	's	's	PART
ftr-471	196	20	hot	hot	ADJ
ftr-471	196	21	assets	asset	NOUN
ftr-471	196	22	has	have	AUX
ftr-471	196	23	not	not	PART
ftr-471	196	24	decreased.44	decreased.44	NOUN
ftr-471	196	25	because	because	SCONJ
ftr-471	196	26	disproportionality	disproportionality	NOUN
ftr-471	196	27	is	be	AUX
ftr-471	196	28	measured	measure	VERB
ftr-471	196	29	by	by	ADP
ftr-471	196	30	shifts	shift	NOUN
ftr-471	196	31	in	in	ADP
ftr-471	196	32	the	the	DET
ftr-471	196	33	gross	gross	ADJ
ftr-471	196	34	value	value	NOUN
ftr-471	196	35	of	of	ADP
ftr-471	196	36	hot	hot	ADJ
ftr-471	196	37	assets	asset	NOUN
ftr-471	196	38	,	,	PUNCT
ftr-471	196	39	rather	rather	ADV
ftr-471	196	40	than	than	ADP
ftr-471	196	41	hot	hot	ADJ
ftr-471	196	42	asset	asset	NOUN
ftr-471	196	43	appreciation	appreciation	NOUN
ftr-471	196	44	,	,	PUNCT
ftr-471	196	45	section	section	NOUN
ftr-471	196	46	751	751	NUM
ftr-471	196	47	may	may	AUX
ftr-471	196	48	not	not	PART
ftr-471	196	49	even	even	ADV
ftr-471	196	50	achieve	achieve	VERB
ftr-471	196	51	its	its	PRON
ftr-471	196	52	intended	intended	ADJ
ftr-471	196	53	purpose	purpose	NOUN
ftr-471	196	54	of	of	ADP
ftr-471	196	55	preventing	prevent	VERB
ftr-471	196	56	shifts	shift	NOUN
ftr-471	196	57	in	in	ADP
ftr-471	196	58	potential	potential	ADJ
ftr-471	196	59	ordinary	ordinary	ADJ
ftr-471	196	60	income.45	income.45	ADV
ftr-471	196	61	for	for	ADP
ftr-471	196	62	example	example	NOUN
ftr-471	196	63	,	,	PUNCT
ftr-471	196	64	assume	assume	VERB
ftr-471	196	65	that	that	SCONJ
ftr-471	196	66	the	the	DET
ftr-471	196	67	equal	equal	ADJ
ftr-471	196	68	abc	abc	PROPN
ftr-471	196	69	partnership	partnership	NOUN
ftr-471	196	70	owns	own	VERB
ftr-471	196	71	cash	cash	NOUN
ftr-471	196	72	plus	plus	CCONJ
ftr-471	196	73	two	two	NUM
ftr-471	196	74	items	item	NOUN
ftr-471	196	75	of	of	ADP
ftr-471	196	76	property	property	NOUN
ftr-471	196	77	:	:	PUNCT
ftr-471	196	78	inventory	inventory	NOUN
ftr-471	196	79	#	#	SYM
ftr-471	196	80	1	1	NUM
ftr-471	196	81	with	with	ADP
ftr-471	196	82	a	a	DET
ftr-471	196	83	basis	basis	NOUN
ftr-471	196	84	of	of	ADP
ftr-471	196	85	$	$	SYM
ftr-471	196	86	30	30	NUM
ftr-471	196	87	and	and	CCONJ
ftr-471	196	88	a	a	DET
ftr-471	196	89	fair	fair	ADJ
ftr-471	196	90	market	market	NOUN
ftr-471	196	91	value	value	NOUN
ftr-471	196	92	of	of	ADP
ftr-471	196	93	$	$	SYM
ftr-471	196	94	30	30	NUM
ftr-471	196	95	,	,	PUNCT
ftr-471	196	96	and	and	CCONJ
ftr-471	196	97	inventory	inventory	NOUN
ftr-471	196	98	#	#	SYM
ftr-471	196	99	2	2	NUM
ftr-471	196	100	with	with	ADP
ftr-471	196	101	a	a	DET
ftr-471	196	102	basis	basis	NOUN
ftr-471	196	103	of	of	ADP
ftr-471	196	104	zero	zero	NUM
ftr-471	196	105	and	and	CCONJ
ftr-471	196	106	a	a	DET
ftr-471	196	107	fair	fair	ADJ
ftr-471	196	108	market	market	NOUN
ftr-471	196	109	value	value	NOUN
ftr-471	196	110	of	of	ADP
ftr-471	196	111	$	$	SYM
ftr-471	196	112	60	60	NUM
ftr-471	196	113	.	.	PUNCT
ftr-471	197	1	if	if	SCONJ
ftr-471	197	2	a	a	PRON
ftr-471	197	3	receives	receive	VERB
ftr-471	197	4	a	a	DET
ftr-471	197	5	liquidating	liquidate	VERB
ftr-471	197	6	distribution	distribution	NOUN
ftr-471	197	7	of	of	ADP
ftr-471	197	8	her	her	PRON
ftr-471	197	9	share	share	NOUN
ftr-471	197	10	of	of	ADP
ftr-471	197	11	the	the	DET
ftr-471	197	12	cash	cash	NOUN
ftr-471	197	13	and	and	CCONJ
ftr-471	197	14	inventory	inventory	NOUN
ftr-471	197	15	#	#	SYM
ftr-471	197	16	1	1	NUM
ftr-471	197	17	,	,	PUNCT
ftr-471	197	18	section	section	NOUN
ftr-471	197	19	751	751	NUM
ftr-471	197	20	(	(	PUNCT
ftr-471	197	21	b	b	NOUN
ftr-471	197	22	)	)	PUNCT
ftr-471	197	23	is	be	AUX
ftr-471	197	24	not	not	PART
ftr-471	197	25	triggered	trigger	VERB
ftr-471	197	26	even	even	ADV
ftr-471	197	27	though	though	SCONJ
ftr-471	197	28	the	the	DET
ftr-471	197	29	distribution	distribution	NOUN
ftr-471	197	30	leaves	leave	VERB
ftr-471	197	31	the	the	DET
ftr-471	197	32	remaining	remain	VERB
ftr-471	197	33	partners	partner	NOUN
ftr-471	197	34	with	with	ADP
ftr-471	197	35	a	a	DET
ftr-471	197	36	disproportionate	disproportionate	ADJ
ftr-471	197	37	share	share	NOUN
ftr-471	197	38	of	of	ADP
ftr-471	197	39	the	the	DET
ftr-471	197	40	partnerthe	partnerthe	DET
ftr-471	197	41	partnership	partnership	NOUN
ftr-471	197	42	may	may	AUX
ftr-471	197	43	elect	elect	VERB
ftr-471	197	44	to	to	PART
ftr-471	197	45	revalue	revalue	VERB
ftr-471	197	46	its	its	PRON
ftr-471	197	47	assets	asset	NOUN
ftr-471	197	48	in	in	ADP
ftr-471	197	49	connection	connection	NOUN
ftr-471	197	50	with	with	ADP
ftr-471	197	51	the	the	DET
ftr-471	197	52	distribution	distribution	NOUN
ftr-471	197	53	.	.	PUNCT
ftr-471	198	1	see	see	VERB
ftr-471	198	2	regs	reg	NOUN
ftr-471	198	3	.	.	PUNCT
ftr-471	199	1	§	§	PROPN
ftr-471	199	2	1.704	1.704	NUM
ftr-471	199	3	-	-	SYM
ftr-471	199	4	1(b)(2)(iv)(f	1(b)(2)(iv)(f	NUM
ftr-471	199	5	)	)	PUNCT
ftr-471	200	1	;	;	PUNCT
ftr-471	200	2	see	see	VERB
ftr-471	200	3	also	also	ADV
ftr-471	200	4	infra	infra	NOUN
ftr-471	200	5	notes	note	VERB
ftr-471	200	6	139	139	NUM
ftr-471	200	7	-	-	SYM
ftr-471	200	8	53	53	NUM
ftr-471	200	9	and	and	CCONJ
ftr-471	200	10	accompanying	accompany	VERB
ftr-471	200	11	text	text	NOUN
ftr-471	200	12	.	.	PUNCT
ftr-471	201	1	in	in	ADP
ftr-471	201	2	the	the	DET
ftr-471	201	3	absence	absence	NOUN
ftr-471	201	4	of	of	ADP
ftr-471	201	5	a	a	DET
ftr-471	201	6	general	general	ADJ
ftr-471	201	7	revaluation	revaluation	NOUN
ftr-471	201	8	,	,	PUNCT
ftr-471	201	9	the	the	DET
ftr-471	201	10	partnership	partnership	NOUN
ftr-471	201	11	must	must	AUX
ftr-471	201	12	adjust	adjust	VERB
ftr-471	201	13	the	the	DET
ftr-471	201	14	partners	partner	NOUN
ftr-471	201	15	'	'	PART
ftr-471	201	16	capital	capital	NOUN
ftr-471	201	17	accounts	account	NOUN
ftr-471	201	18	to	to	PART
ftr-471	201	19	reflect	reflect	VERB
ftr-471	201	20	the	the	DET
ftr-471	201	21	fair	fair	ADJ
ftr-471	201	22	market	market	NOUN
ftr-471	201	23	value	value	NOUN
ftr-471	201	24	of	of	ADP
ftr-471	201	25	any	any	DET
ftr-471	201	26	distributed	distribute	VERB
ftr-471	201	27	property	property	NOUN
ftr-471	201	28	as	as	SCONJ
ftr-471	201	29	if	if	SCONJ
ftr-471	201	30	such	such	ADJ
ftr-471	201	31	property	property	NOUN
ftr-471	201	32	had	have	AUX
ftr-471	201	33	been	be	AUX
ftr-471	201	34	sold	sell	VERB
ftr-471	201	35	for	for	ADP
ftr-471	201	36	its	its	PRON
ftr-471	201	37	fair	fair	ADJ
ftr-471	201	38	market	market	NOUN
ftr-471	201	39	value	value	NOUN
ftr-471	201	40	.	.	PUNCT
ftr-471	202	1	see	see	VERB
ftr-471	202	2	regs	reg	NOUN
ftr-471	202	3	.	.	PUNCT
ftr-471	203	1	§	§	PROPN
ftr-471	203	2	1.704	1.704	NUM
ftr-471	203	3	-	-	SYM
ftr-471	203	4	1(b)(2)(iv)(e)(1	1(b)(2)(iv)(e)(1	NUM
ftr-471	203	5	)	)	PUNCT
ftr-471	203	6	.	.	PUNCT
ftr-471	204	1	39	39	NUM
ftr-471	204	2	.	.	PUNCT
ftr-471	205	1	see	see	PROPN
ftr-471	205	2	andrews	andrews	PROPN
ftr-471	205	3	,	,	PUNCT
ftr-471	205	4	supra	supra	PROPN
ftr-471	205	5	note	note	PROPN
ftr-471	205	6	12	12	NUM
ftr-471	205	7	,	,	PUNCT
ftr-471	205	8	at	at	ADP
ftr-471	205	9	46	46	NUM
ftr-471	205	10	.	.	PUNCT
ftr-471	205	11	40	40	NUM
ftr-471	205	12	.	.	PUNCT
ftr-471	206	1	see	see	VERB
ftr-471	206	2	cunningham	cunningham	PROPN
ftr-471	206	3	,	,	PUNCT
ftr-471	206	4	supra	supra	PROPN
ftr-471	206	5	note	note	NOUN
ftr-471	206	6	12	12	NUM
ftr-471	206	7	,	,	PUNCT
ftr-471	206	8	at	at	ADP
ftr-471	206	9	92	92	NUM
ftr-471	206	10	.	.	PUNCT
ftr-471	206	11	41	41	NUM
ftr-471	206	12	.	.	PUNCT
ftr-471	207	1	see	see	VERB
ftr-471	207	2	irc	irc	PROPN
ftr-471	207	3	§	§	PROPN
ftr-471	207	4	704(c)(1)(b	704(c)(1)(b	PROPN
ftr-471	207	5	)	)	PUNCT
ftr-471	207	6	.	.	PUNCT
ftr-471	208	1	this	this	DET
ftr-471	208	2	provision	provision	NOUN
ftr-471	208	3	applies	apply	VERB
ftr-471	208	4	to	to	ADP
ftr-471	208	5	a	a	DET
ftr-471	208	6	distribution	distribution	NOUN
ftr-471	208	7	of	of	ADP
ftr-471	208	8	§	§	PROPN
ftr-471	208	9	704(c	704(c	PROPN
ftr-471	208	10	)	)	PUNCT
ftr-471	208	11	property	property	NOUN
ftr-471	208	12	within	within	ADP
ftr-471	208	13	the	the	DET
ftr-471	208	14	seven	seven	NUM
ftr-471	208	15	-	-	PUNCT
ftr-471	208	16	year	year	NOUN
ftr-471	208	17	period	period	NOUN
ftr-471	208	18	following	follow	VERB
ftr-471	208	19	its	its	PRON
ftr-471	208	20	contribution	contribution	NOUN
ftr-471	208	21	.	.	PUNCT
ftr-471	209	1	i	i	PRON
ftr-471	209	2	d.	d.	PROPN
ftr-471	209	3	if	if	SCONJ
ftr-471	209	4	such	such	DET
ftr-471	209	5	a	a	DET
ftr-471	209	6	distribution	distribution	NOUN
ftr-471	209	7	is	be	AUX
ftr-471	209	8	made	make	VERB
ftr-471	209	9	to	to	ADP
ftr-471	209	10	a	a	DET
ftr-471	209	11	partner	partner	NOUN
ftr-471	209	12	other	other	ADJ
ftr-471	209	13	than	than	ADP
ftr-471	209	14	the	the	DET
ftr-471	209	15	contributing	contribute	VERB
ftr-471	209	16	partner	partner	NOUN
ftr-471	209	17	,	,	PUNCT
ftr-471	209	18	the	the	DET
ftr-471	209	19	contributing	contribute	VERB
ftr-471	209	20	partner	partner	NOUN
ftr-471	209	21	will	will	AUX
ftr-471	209	22	recognize	recognize	VERB
ftr-471	209	23	gain	gain	NOUN
ftr-471	209	24	or	or	CCONJ
ftr-471	209	25	loss	loss	NOUN
ftr-471	209	26	to	to	ADP
ftr-471	209	27	the	the	DET
ftr-471	209	28	extent	extent	NOUN
ftr-471	209	29	of	of	ADP
ftr-471	209	30	the	the	DET
ftr-471	209	31	property	property	NOUN
ftr-471	209	32	's	's	PART
ftr-471	209	33	built	build	VERB
ftr-471	209	34	-	-	PUNCT
ftr-471	209	35	in	in	ADP
ftr-471	209	36	gain	gain	NOUN
ftr-471	209	37	or	or	CCONJ
ftr-471	209	38	built	build	VERB
ftr-471	209	39	-	-	PUNCT
ftr-471	209	40	in	in	ADP
ftr-471	209	41	loss	loss	NOUN
ftr-471	209	42	.	.	PUNCT
ftr-471	210	1	i	i	PRON
ftr-471	210	2	d.	d.	PROPN
ftr-471	210	3	42	42	NUM
ftr-471	210	4	.	.	PUNCT
ftr-471	211	1	see	see	VERB
ftr-471	211	2	irc	irc	PROPN
ftr-471	211	3	§	§	PROPN
ftr-471	211	4	704(c)(1)(b)(i	704(c)(1)(b)(i	NOUN
ftr-471	211	5	)	)	PUNCT
ftr-471	211	6	.	.	PUNCT
ftr-471	212	1	43	43	NUM
ftr-471	212	2	.	.	PUNCT
ftr-471	213	1	see	see	VERB
ftr-471	213	2	irc	irc	PROPN
ftr-471	213	3	§	§	PROPN
ftr-471	213	4	704(c)(1)(b)(iii	704(c)(1)(b)(iii	PROPN
ftr-471	213	5	)	)	PUNCT
ftr-471	213	6	;	;	PUNCT
ftr-471	213	7	regs	reg	NOUN
ftr-471	213	8	.	.	PUNCT
ftr-471	214	1	§	§	PROPN
ftr-471	214	2	1.704	1.704	NUM
ftr-471	214	3	-	-	SYM
ftr-471	214	4	4(e)(1	4(e)(1	NUM
ftr-471	214	5	)	)	PUNCT
ftr-471	214	6	&	&	CCONJ
ftr-471	214	7	(	(	PUNCT
ftr-471	214	8	2	2	NUM
ftr-471	214	9	)	)	PUNCT
ftr-471	214	10	.	.	PUNCT
ftr-471	215	1	44	44	NUM
ftr-471	215	2	.	.	PUNCT
ftr-471	216	1	since	since	SCONJ
ftr-471	216	2	a	a	PRON
ftr-471	216	3	and	and	CCONJ
ftr-471	216	4	b	b	NOUN
ftr-471	216	5	should	should	AUX
ftr-471	216	6	each	each	PRON
ftr-471	216	7	remain	remain	VERB
ftr-471	216	8	liable	liable	ADJ
ftr-471	216	9	for	for	ADP
ftr-471	216	10	s50	s50	NOUN
ftr-471	216	11	of	of	ADP
ftr-471	216	12	the	the	DET
ftr-471	216	13	partnership	partnership	NOUN
ftr-471	216	14	's	's	PART
ftr-471	216	15	hot	hot	ADJ
ftr-471	216	16	asset	asset	NOUN
ftr-471	216	17	gain	gain	NOUN
ftr-471	216	18	,	,	PUNCT
ftr-471	216	19	c	c	PROPN
ftr-471	216	20	must	must	AUX
ftr-471	216	21	be	be	AUX
ftr-471	216	22	allocated	allocate	VERB
ftr-471	216	23	$	$	SYM
ftr-471	216	24	30	30	NUM
ftr-471	216	25	of	of	ADP
ftr-471	216	26	the	the	DET
ftr-471	216	27	remaining	remain	VERB
ftr-471	216	28	appreciation	appreciation	NOUN
ftr-471	216	29	of	of	ADP
ftr-471	216	30	s	s	NOUN
ftr-471	216	31	130	130	NUM
ftr-471	216	32	(	(	PUNCT
ftr-471	216	33	s300	s300	NUM
ftr-471	216	34	fair	fair	ADJ
ftr-471	216	35	market	market	NOUN
ftr-471	216	36	value	value	NOUN
ftr-471	216	37	less	less	ADJ
ftr-471	216	38	$	$	SYM
ftr-471	216	39	170	170	NUM
ftr-471	216	40	basis	basis	NOUN
ftr-471	216	41	)	)	PUNCT
ftr-471	216	42	inherent	inherent	ADJ
ftr-471	216	43	in	in	ADP
ftr-471	216	44	the	the	DET
ftr-471	216	45	partnership	partnership	NOUN
ftr-471	216	46	's	's	PART
ftr-471	216	47	hot	hot	ADJ
ftr-471	216	48	assets	asset	NOUN
ftr-471	216	49	.	.	PUNCT
ftr-471	217	1	thus	thus	ADV
ftr-471	217	2	,	,	PUNCT
ftr-471	217	3	c	c	PROPN
ftr-471	217	4	should	should	AUX
ftr-471	217	5	obtain	obtain	VERB
ftr-471	217	6	the	the	DET
ftr-471	217	7	entire	entire	ADJ
ftr-471	217	8	benefit	benefit	NOUN
ftr-471	217	9	of	of	ADP
ftr-471	217	10	the	the	DET
ftr-471	217	11	$	$	SYM
ftr-471	217	12	20	20	NUM
ftr-471	217	13	adjustment	adjustment	NOUN
ftr-471	217	14	to	to	ADP
ftr-471	217	15	the	the	DET
ftr-471	217	16	basis	basis	NOUN
ftr-471	217	17	of	of	ADP
ftr-471	217	18	the	the	DET
ftr-471	217	19	partnership	partnership	NOUN
ftr-471	217	20	's	's	PART
ftr-471	217	21	hot	hot	ADJ
ftr-471	217	22	assets	asset	NOUN
ftr-471	217	23	.	.	PUNCT
ftr-471	218	1	see	see	VERB
ftr-471	218	2	infra	infra	NOUN
ftr-471	218	3	notes	note	NOUN
ftr-471	218	4	13953	13953	NUM
ftr-471	218	5	,	,	PUNCT
ftr-471	218	6	136	136	NUM
ftr-471	218	7	-	-	SYM
ftr-471	218	8	38	38	NUM
ftr-471	218	9	and	and	CCONJ
ftr-471	218	10	accompanying	accompany	VERB
ftr-471	218	11	text	text	NOUN
ftr-471	218	12	.	.	PUNCT
ftr-471	219	1	45	45	NUM
ftr-471	219	2	.	.	PUNCT
ftr-471	220	1	see	see	VERB
ftr-471	220	2	mckee	mckee	PROPN
ftr-471	220	3	et	et	PROPN
ftr-471	220	4	al	al	PROPN
ftr-471	220	5	.	.	PROPN
ftr-471	220	6	,	,	PUNCT
ftr-471	220	7	supra	supra	PROPN
ftr-471	220	8	note	note	PROPN
ftr-471	220	9	19	19	NUM
ftr-471	220	10	,	,	PUNCT
ftr-471	220	11	21.0112	21.0112	NUM
ftr-471	220	12	]	]	PUNCT
ftr-471	220	13	,	,	PUNCT
ftr-471	220	14	at	at	ADP
ftr-471	220	15	21	21	NUM
ftr-471	220	16	-	-	SYM
ftr-471	220	17	6	6	NUM
ftr-471	220	18	.	.	NUM
ftr-471	220	19	19981	19981	NUM
ftr-471	220	20	florida	florida	PROPN
ftr-471	220	21	tax	tax	NOUN
ftr-471	220	22	review	review	NOUN
ftr-471	220	23	ship	ship	NOUN
ftr-471	220	24	's	's	PART
ftr-471	220	25	built	build	VERB
ftr-471	220	26	-	-	PUNCT
ftr-471	220	27	in	in	ADP
ftr-471	220	28	ordinary	ordinary	ADJ
ftr-471	220	29	income	income	NOUN
ftr-471	220	30	.	.	PUNCT
ftr-471	221	1	6	6	NUM
ftr-471	221	2	this	this	DET
ftr-471	221	3	apparent	apparent	ADJ
ftr-471	221	4	flaw	flaw	NOUN
ftr-471	221	5	could	could	AUX
ftr-471	221	6	be	be	AUX
ftr-471	221	7	eliminated	eliminate	VERB
ftr-471	221	8	by	by	ADP
ftr-471	221	9	requiring	require	VERB
ftr-471	221	10	that	that	SCONJ
ftr-471	221	11	disproportionality	disproportionality	NOUN
ftr-471	221	12	be	be	AUX
ftr-471	221	13	measured	measure	VERB
ftr-471	221	14	in	in	ADP
ftr-471	221	15	terms	term	NOUN
ftr-471	221	16	of	of	ADP
ftr-471	221	17	the	the	DET
ftr-471	221	18	hot	hot	ADJ
ftr-471	221	19	asset	asset	NOUN
ftr-471	221	20	gain	gain	NOUN
ftr-471	221	21	that	that	PRON
ftr-471	221	22	would	would	AUX
ftr-471	221	23	be	be	AUX
ftr-471	221	24	recognized	recognize	VERB
ftr-471	221	25	by	by	ADP
ftr-471	221	26	the	the	DET
ftr-471	221	27	partners	partner	NOUN
ftr-471	221	28	if	if	SCONJ
ftr-471	221	29	the	the	DET
ftr-471	221	30	partnership	partnership	NOUN
ftr-471	221	31	sold	sell	VERB
ftr-471	221	32	all	all	DET
ftr-471	221	33	of	of	ADP
ftr-471	221	34	its	its	PRON
ftr-471	221	35	section	section	NOUN
ftr-471	221	36	751	751	NUM
ftr-471	221	37	property	property	NOUN
ftr-471	221	38	immediately	immediately	ADV
ftr-471	221	39	before	before	ADP
ftr-471	221	40	the	the	DET
ftr-471	221	41	distribution.47	distribution.47	PROPN
ftr-471	221	42	although	although	SCONJ
ftr-471	221	43	section	section	NOUN
ftr-471	221	44	751	751	NUM
ftr-471	221	45	(	(	PUNCT
ftr-471	221	46	b	b	NOUN
ftr-471	221	47	)	)	PUNCT
ftr-471	221	48	has	have	AUX
ftr-471	221	49	been	be	AUX
ftr-471	221	50	roundly	roundly	ADV
ftr-471	221	51	criticized	criticize	VERB
ftr-471	221	52	for	for	ADP
ftr-471	221	53	its	its	PRON
ftr-471	221	54	complexity	complexity	NOUN
ftr-471	221	55	and	and	CCONJ
ftr-471	221	56	potential	potential	ADJ
ftr-471	221	57	inequity	inequity	NOUN
ftr-471	221	58	,	,	PUNCT
ftr-471	221	59	commentators	commentator	NOUN
ftr-471	221	60	express	express	VERB
ftr-471	221	61	sharply	sharply	ADV
ftr-471	221	62	differing	differ	VERB
ftr-471	221	63	views	view	NOUN
ftr-471	221	64	concerning	concern	VERB
ftr-471	221	65	its	its	PRON
ftr-471	221	66	continued	continue	VERB
ftr-471	221	67	role	role	NOUN
ftr-471	221	68	within	within	ADP
ftr-471	221	69	subchapter	subchapter	NOUN
ftr-471	221	70	k.	k.	PROPN
ftr-471	222	1	some	some	PRON
ftr-471	222	2	recommend	recommend	VERB
ftr-471	222	3	that	that	SCONJ
ftr-471	222	4	section	section	NOUN
ftr-471	222	5	751(b	751(b	PROPN
ftr-471	222	6	)	)	PUNCT
ftr-471	222	7	be	be	AUX
ftr-471	222	8	repealed	repeal	VERB
ftr-471	222	9	outright	outright	ADV
ftr-471	222	10	or	or	CCONJ
ftr-471	222	11	retained	retain	VERB
ftr-471	222	12	merely	merely	ADV
ftr-471	222	13	as	as	ADP
ftr-471	222	14	a	a	DET
ftr-471	222	15	backstop	backstop	NOUN
ftr-471	222	16	to	to	PART
ftr-471	222	17	section	section	NOUN
ftr-471	222	18	751(a).48	751(a).48	NUM
ftr-471	222	19	others	other	NOUN
ftr-471	222	20	propose	propose	VERB
ftr-471	222	21	that	that	SCONJ
ftr-471	222	22	any	any	DET
ftr-471	222	23	non	non	ADJ
ftr-471	222	24	-	-	ADJ
ftr-471	222	25	pro	pro	ADJ
ftr-471	222	26	rata	rata	ADJ
ftr-471	222	27	distribution	distribution	NOUN
ftr-471	222	28	(	(	PUNCT
ftr-471	222	29	current	current	ADJ
ftr-471	222	30	or	or	CCONJ
ftr-471	222	31	liquidating	liquidating	NOUN
ftr-471	222	32	)	)	PUNCT
ftr-471	222	33	be	be	AUX
ftr-471	222	34	treated	treat	VERB
ftr-471	222	35	as	as	ADP
ftr-471	222	36	a	a	DET
ftr-471	222	37	constructive	constructive	ADJ
ftr-471	222	38	sale,49	sale,49	NOUN
ftr-471	222	39	with	with	ADP
ftr-471	222	40	the	the	DET
ftr-471	222	41	result	result	NOUN
ftr-471	222	42	that	that	SCONJ
ftr-471	222	43	gain	gain	NOUN
ftr-471	222	44	would	would	AUX
ftr-471	222	45	be	be	AUX
ftr-471	222	46	triggered	trigger	VERB
ftr-471	222	47	whenever	whenever	SCONJ
ftr-471	222	48	a	a	DET
ftr-471	222	49	partner	partner	NOUN
ftr-471	222	50	relinquished	relinquish	VERB
ftr-471	222	51	an	an	DET
ftr-471	222	52	interest	interest	NOUN
ftr-471	222	53	in	in	ADP
ftr-471	222	54	some	some	DET
ftr-471	222	55	partnership	partnership	NOUN
ftr-471	222	56	assets	asset	NOUN
ftr-471	222	57	for	for	ADP
ftr-471	222	58	other	other	ADJ
ftr-471	222	59	partnership	partnership	NOUN
ftr-471	222	60	assets	asset	NOUN
ftr-471	222	61	,	,	PUNCT
ftr-471	222	62	even	even	ADV
ftr-471	222	63	if	if	SCONJ
ftr-471	222	64	no	no	DET
ftr-471	222	65	hot	hot	ADJ
ftr-471	222	66	assets	asset	NOUN
ftr-471	222	67	were	be	AUX
ftr-471	222	68	involved	involve	VERB
ftr-471	222	69	.	.	PUNCT
ftr-471	223	1	a	a	DET
ftr-471	223	2	less	less	ADV
ftr-471	223	3	radical	radical	ADJ
ftr-471	223	4	proposal	proposal	NOUN
ftr-471	223	5	would	would	AUX
ftr-471	223	6	preserve	preserve	VERB
ftr-471	223	7	and	and	CCONJ
ftr-471	223	8	extend	extend	VERB
ftr-471	223	9	the	the	DET
ftr-471	223	10	current	current	ADJ
ftr-471	223	11	role	role	NOUN
ftr-471	223	12	of	of	ADP
ftr-471	223	13	section	section	NOUN
ftr-471	223	14	751(b	751(b	PROPN
ftr-471	223	15	)	)	PUNCT
ftr-471	223	16	in	in	ADP
ftr-471	223	17	preventing	prevent	VERB
ftr-471	223	18	excessive	excessive	ADJ
ftr-471	223	19	deferral	deferral	NOUN
ftr-471	223	20	,	,	PUNCT
ftr-471	223	21	while	while	SCONJ
ftr-471	223	22	simplifying	simplify	VERB
ftr-471	223	23	and	and	CCONJ
ftr-471	223	24	rationalizing	rationalize	VERB
ftr-471	223	25	its	its	PRON
ftr-471	223	26	operation	operation	NOUN
ftr-471	223	27	.	.	PUNCT
ftr-471	223	28	"	"	PUNCT
ftr-471	224	1	b.	b.	PROPN
ftr-471	224	2	repeal	repeal	NOUN
ftr-471	224	3	of	of	ADP
ftr-471	224	4	section	section	NOUN
ftr-471	224	5	751(b	751(b	PROPN
ftr-471	224	6	)	)	PUNCT
ftr-471	224	7	and	and	CCONJ
ftr-471	224	8	optional	optional	ADJ
ftr-471	224	9	basis	basis	NOUN
ftr-471	224	10	adjustments	adjustment	NOUN
ftr-471	224	11	shortly	shortly	ADV
ftr-471	224	12	after	after	ADP
ftr-471	224	13	enactment	enactment	NOUN
ftr-471	224	14	of	of	ADP
ftr-471	224	15	section	section	NOUN
ftr-471	224	16	751	751	NUM
ftr-471	224	17	(	(	PUNCT
ftr-471	224	18	b	b	NOUN
ftr-471	224	19	)	)	PUNCT
ftr-471	224	20	,	,	PUNCT
ftr-471	224	21	the	the	DET
ftr-471	224	22	1957	1957	NUM
ftr-471	224	23	advisory	advisory	ADJ
ftr-471	224	24	group	group	NOUN
ftr-471	224	25	on	on	ADP
ftr-471	224	26	subchapter	subchapter	NOUN
ftr-471	224	27	k	k	PROPN
ftr-471	224	28	recommended	recommend	VERB
ftr-471	224	29	its	its	PRON
ftr-471	224	30	repeal	repeal	NOUN
ftr-471	224	31	.	.	PUNCT
ftr-471	224	32	"	"	PUNCT
ftr-471	225	1	the	the	DET
ftr-471	225	2	advisory	advisory	ADJ
ftr-471	225	3	group	group	NOUN
ftr-471	225	4	considered	consider	VERB
ftr-471	225	5	that	that	SCONJ
ftr-471	225	6	income	income	NOUN
ftr-471	225	7	-	-	PUNCT
ftr-471	225	8	shifting	shifting	NOUN
ftr-471	225	9	was	be	AUX
ftr-471	225	10	already	already	ADV
ftr-471	225	11	possible	possible	ADJ
ftr-471	225	12	under	under	ADP
ftr-471	225	13	section	section	NOUN
ftr-471	225	14	704	704	NUM
ftr-471	225	15	and	and	CCONJ
ftr-471	225	16	could	could	AUX
ftr-471	225	17	be	be	AUX
ftr-471	225	18	addressed	address	VERB
ftr-471	225	19	adequately	adequately	ADV
ftr-471	225	20	through	through	ADP
ftr-471	225	21	anti	anti	ADJ
ftr-471	225	22	-	-	ADJ
ftr-471	225	23	avoidance	avoidance	ADJ
ftr-471	225	24	rules	rule	NOUN
ftr-471	225	25	.	.	PUNCT
ftr-471	226	1	some	some	DET
ftr-471	226	2	shifting	shift	VERB
ftr-471	226	3	of	of	ADP
ftr-471	226	4	ordinary	ordinary	ADJ
ftr-471	226	5	income	income	NOUN
ftr-471	226	6	and	and	CCONJ
ftr-471	226	7	capital	capital	NOUN
ftr-471	226	8	gain	gain	NOUN
ftr-471	226	9	among	among	ADP
ftr-471	226	10	partners	partner	NOUN
ftr-471	226	11	was	be	AUX
ftr-471	226	12	viewed	view	VERB
ftr-471	226	13	as	as	ADP
ftr-471	226	14	a	a	DET
ftr-471	226	15	reasonable	reasonable	ADJ
ftr-471	226	16	price	price	NOUN
ftr-471	226	17	for	for	ADP
ftr-471	226	18	significant	significant	ADJ
ftr-471	226	19	simplification	simplification	NOUN
ftr-471	226	20	of	of	ADP
ftr-471	226	21	the	the	DET
ftr-471	226	22	distribution	distribution	NOUN
ftr-471	226	23	provisions	provision	NOUN
ftr-471	226	24	.	.	PUNCT
ftr-471	227	1	the	the	DET
ftr-471	227	2	46	46	NUM
ftr-471	227	3	.	.	PUNCT
ftr-471	228	1	see	see	VERB
ftr-471	228	2	regs	reg	NOUN
ftr-471	228	3	.	.	PUNCT
ftr-471	229	1	§	§	PROPN
ftr-471	229	2	1.751	1.751	NUM
ftr-471	229	3	-	-	SYM
ftr-471	229	4	1(b)(1)(ii	1(b)(1)(ii	NUM
ftr-471	229	5	)	)	PUNCT
ftr-471	229	6	,	,	PUNCT
ftr-471	229	7	(	(	PUNCT
ftr-471	229	8	g	g	NOUN
ftr-471	229	9	)	)	PUNCT
ftr-471	229	10	ex	ex	NOUN
ftr-471	229	11	.	.	PUNCT
ftr-471	229	12	(	(	PUNCT
ftr-471	229	13	3)(c	3)(c	NUM
ftr-471	229	14	)	)	PUNCT
ftr-471	229	15	.	.	PUNCT
ftr-471	230	1	47	47	NUM
ftr-471	230	2	.	.	PUNCT
ftr-471	231	1	see	see	VERB
ftr-471	231	2	infra	infra	NOUN
ftr-471	231	3	notes	note	VERB
ftr-471	231	4	159	159	NUM
ftr-471	231	5	-	-	SYM
ftr-471	231	6	61	61	NUM
ftr-471	231	7	and	and	CCONJ
ftr-471	231	8	accompanying	accompany	VERB
ftr-471	231	9	text	text	NOUN
ftr-471	231	10	.	.	PUNCT
ftr-471	232	1	48	48	NUM
ftr-471	232	2	.	.	PUNCT
ftr-471	232	3	see	see	VERB
ftr-471	232	4	ali	ali	PROPN
ftr-471	232	5	tax	tax	PROPN
ftr-471	232	6	project	project	NOUN
ftr-471	232	7	,	,	PUNCT
ftr-471	232	8	supra	supra	PROPN
ftr-471	232	9	note	note	PROPN
ftr-471	232	10	34	34	NUM
ftr-471	232	11	,	,	PUNCT
ftr-471	232	12	at	at	ADP
ftr-471	232	13	51	51	NUM
ftr-471	232	14	-	-	SYM
ftr-471	232	15	55	55	NUM
ftr-471	232	16	;	;	PUNCT
ftr-471	232	17	a.b.a	a.b.a	NOUN
ftr-471	232	18	.	.	PUNCT
ftr-471	232	19	tax	tax	NOUN
ftr-471	232	20	section	section	NOUN
ftr-471	232	21	recommendation	recommendation	NOUN
ftr-471	232	22	no	no	INTJ
ftr-471	232	23	.	.	NOUN
ftr-471	233	1	1974	1974	NUM
ftr-471	233	2	-	-	SYM
ftr-471	233	3	1i	1i	NUM
ftr-471	233	4	,	,	PUNCT
ftr-471	233	5	reprinted	reprint	VERB
ftr-471	233	6	in	in	ADP
ftr-471	233	7	27	27	NUM
ftr-471	233	8	tax	tax	NOUN
ftr-471	233	9	law	law	NOUN
ftr-471	233	10	.	.	PUNCT
ftr-471	234	1	839	839	NUM
ftr-471	234	2	,	,	PUNCT
ftr-471	234	3	842	842	NUM
ftr-471	234	4	(	(	PUNCT
ftr-471	234	5	1974	1974	NUM
ftr-471	234	6	)	)	PUNCT
ftr-471	234	7	;	;	PUNCT
ftr-471	234	8	staff	staff	NOUN
ftr-471	234	9	of	of	ADP
ftr-471	234	10	the	the	DET
ftr-471	234	11	joint	joint	ADJ
ftr-471	234	12	committee	committee	NOUN
ftr-471	234	13	on	on	ADP
ftr-471	234	14	internal	internal	ADJ
ftr-471	234	15	revenue	revenue	NOUN
ftr-471	234	16	taxation	taxation	NOUN
ftr-471	234	17	,	,	PUNCT
ftr-471	234	18	summary	summary	NOUN
ftr-471	234	19	of	of	ADP
ftr-471	234	20	the	the	DET
ftr-471	234	21	subchapter	subchapter	NOUN
ftr-471	234	22	k	k	PROPN
ftr-471	234	23	advisory	advisory	ADJ
ftr-471	234	24	group	group	NOUN
ftr-471	234	25	recommendations	recommendation	NOUN
ftr-471	234	26	on	on	ADP
ftr-471	234	27	partners	partner	NOUN
ftr-471	234	28	and	and	CCONJ
ftr-471	234	29	partnerships	partnership	NOUN
ftr-471	234	30	158	158	NUM
ftr-471	234	31	(	(	PUNCT
ftr-471	234	32	1959	1959	NUM
ftr-471	234	33	)	)	PUNCT
ftr-471	235	1	[	[	X
ftr-471	235	2	hereinafter	hereinafter	NOUN
ftr-471	235	3	advisory	advisory	ADJ
ftr-471	235	4	group	group	NOUN
ftr-471	235	5	]	]	PUNCT
ftr-471	235	6	.	.	PUNCT
ftr-471	236	1	49	49	NUM
ftr-471	236	2	.	.	PUNCT
ftr-471	237	1	see	see	VERB
ftr-471	237	2	postlewaite	postlewaite	NOUN
ftr-471	237	3	et	et	PROPN
ftr-471	237	4	al	al	PROPN
ftr-471	237	5	.	.	PROPN
ftr-471	237	6	,	,	PUNCT
ftr-471	237	7	supra	supra	PROPN
ftr-471	237	8	note	note	PROPN
ftr-471	237	9	1i	1i	NOUN
ftr-471	237	10	,	,	PUNCT
ftr-471	237	11	at	at	ADP
ftr-471	237	12	597	597	NUM
ftr-471	237	13	-	-	SYM
ftr-471	237	14	98	98	NUM
ftr-471	237	15	,	,	PUNCT
ftr-471	237	16	606	606	NUM
ftr-471	237	17	-	-	SYM
ftr-471	237	18	07	07	NUM
ftr-471	237	19	;	;	PUNCT
ftr-471	237	20	see	see	VERB
ftr-471	237	21	also	also	ADV
ftr-471	237	22	berger	berger	PROPN
ftr-471	237	23	,	,	PUNCT
ftr-471	237	24	supra	supra	PROPN
ftr-471	237	25	note	note	PROPN
ftr-471	237	26	11	11	NUM
ftr-471	237	27	,	,	PUNCT
ftr-471	237	28	at	at	ADP
ftr-471	237	29	154	154	NUM
ftr-471	237	30	-	-	SYM
ftr-471	237	31	55	55	NUM
ftr-471	237	32	.	.	PUNCT
ftr-471	238	1	50	50	NUM
ftr-471	238	2	.	.	PUNCT
ftr-471	239	1	see	see	PROPN
ftr-471	239	2	andrews	andrews	PROPN
ftr-471	239	3	,	,	PUNCT
ftr-471	239	4	supra	supra	PROPN
ftr-471	239	5	note	note	PROPN
ftr-471	239	6	12	12	NUM
ftr-471	239	7	,	,	PUNCT
ftr-471	239	8	at	at	ADP
ftr-471	239	9	6	6	NUM
ftr-471	239	10	,	,	PUNCT
ftr-471	239	11	52	52	NUM
ftr-471	239	12	-	-	SYM
ftr-471	239	13	55	55	NUM
ftr-471	239	14	.	.	PUNCT
ftr-471	240	1	51	51	NUM
ftr-471	240	2	.	.	PUNCT
ftr-471	241	1	according	accord	VERB
ftr-471	241	2	to	to	ADP
ftr-471	241	3	the	the	DET
ftr-471	241	4	advisory	advisory	ADJ
ftr-471	241	5	group	group	NOUN
ftr-471	241	6	,	,	PUNCT
ftr-471	241	7	§	§	PROPN
ftr-471	241	8	751	751	NUM
ftr-471	241	9	needed	need	VERB
ftr-471	241	10	to	to	PART
ftr-471	241	11	be	be	AUX
ftr-471	241	12	"	"	PUNCT
ftr-471	241	13	simplified	simplify	VERB
ftr-471	241	14	even	even	ADV
ftr-471	241	15	though	though	SCONJ
ftr-471	241	16	in	in	ADP
ftr-471	241	17	so	so	ADV
ftr-471	241	18	doing	do	VERB
ftr-471	241	19	some	some	PRON
ftr-471	241	20	of	of	ADP
ftr-471	241	21	the	the	DET
ftr-471	241	22	theoretically	theoretically	ADV
ftr-471	241	23	correct	correct	ADJ
ftr-471	241	24	results	result	NOUN
ftr-471	241	25	of	of	ADP
ftr-471	241	26	[	[	X
ftr-471	241	27	§	§	PROPN
ftr-471	241	28	751(b	751(b	PROPN
ftr-471	241	29	)	)	PUNCT
ftr-471	241	30	]	]	PUNCT
ftr-471	241	31	may	may	AUX
ftr-471	241	32	be	be	AUX
ftr-471	241	33	lost	lose	VERB
ftr-471	241	34	.	.	PUNCT
ftr-471	241	35	"	"	PUNCT
ftr-471	242	1	advisory	advisory	ADJ
ftr-471	242	2	group	group	NOUN
ftr-471	242	3	,	,	PUNCT
ftr-471	242	4	supra	supra	PROPN
ftr-471	242	5	note	note	NOUN
ftr-471	242	6	48	48	NUM
ftr-471	242	7	,	,	PUNCT
ftr-471	242	8	at	at	ADP
ftr-471	242	9	158	158	NUM
ftr-471	242	10	.	.	PUNCT
ftr-471	242	11	52	52	NUM
ftr-471	242	12	.	.	PUNCT
ftr-471	243	1	see	see	VERB
ftr-471	243	2	i	i	PRON
ftr-471	243	3	d.	d.	PROPN
ftr-471	243	4	at	at	ADP
ftr-471	243	5	160	160	NUM
ftr-471	243	6	.	.	PUNCT
ftr-471	244	1	in	in	ADP
ftr-471	244	2	the	the	DET
ftr-471	244	3	legislative	legislative	ADJ
ftr-471	244	4	hearings	hearing	NOUN
ftr-471	244	5	,	,	PUNCT
ftr-471	244	6	arthur	arthur	PROPN
ftr-471	244	7	b.	b.	PROPN
ftr-471	244	8	willis	willis	PROPN
ftr-471	244	9	indicated	indicate	VERB
ftr-471	244	10	that	that	SCONJ
ftr-471	244	11	"	"	PUNCT
ftr-471	244	12	[	[	X
ftr-471	244	13	w]e	w]e	NOUN
ftr-471	244	14	would	would	AUX
ftr-471	244	15	rather	rather	ADV
ftr-471	244	16	see	see	VERB
ftr-471	244	17	...	...	PUNCT
ftr-471	244	18	an	an	PRON
ftr-471	244	19	in	in	ADP
ftr-471	244	20	terrorem	terrorem	ADJ
ftr-471	244	21	provision	provision	NOUN
ftr-471	244	22	put	put	VERB
ftr-471	244	23	in	in	ADP
ftr-471	244	24	as	as	ADP
ftr-471	244	25	a	a	DET
ftr-471	244	26	club	club	NOUN
ftr-471	244	27	against	against	ADP
ftr-471	244	28	the	the	DET
ftr-471	244	29	misuse	misuse	NOUN
ftr-471	244	30	of	of	ADP
ftr-471	244	31	the	the	DET
ftr-471	244	32	distribution	distribution	NOUN
ftr-471	244	33	area	area	NOUN
ftr-471	244	34	,	,	PUNCT
ftr-471	244	35	and	and	CCONJ
ftr-471	244	36	eliminate	eliminate	VERB
ftr-471	244	37	...	...	PUNCT
ftr-471	244	38	the	the	DET
ftr-471	244	39	complexities	complexity	NOUN
ftr-471	244	40	that	that	PRON
ftr-471	244	41	we	we	PRON
ftr-471	244	42	have	have	VERB
ftr-471	244	43	under	under	ADP
ftr-471	244	44	present	present	ADJ
ftr-471	244	45	section	section	NOUN
ftr-471	244	46	751(b	751(b	PROPN
ftr-471	244	47	)	)	PUNCT
ftr-471	244	48	.	.	PUNCT
ftr-471	244	49	"	"	PUNCT
ftr-471	245	1	advisory	advisory	ADJ
ftr-471	245	2	group	group	NOUN
ftr-471	245	3	recommendations	recommendation	NOUN
ftr-471	245	4	on	on	ADP
ftr-471	245	5	subchapters	subchapter	NOUN
ftr-471	245	6	c	c	X
ftr-471	245	7	,	,	PUNCT
ftr-471	245	8	j	j	PROPN
ftr-471	245	9	,	,	PUNCT
ftr-471	245	10	and	and	CCONJ
ftr-471	245	11	k	k	PROPN
ftr-471	245	12	of	of	ADP
ftr-471	245	13	the	the	DET
ftr-471	245	14	internal	internal	ADJ
ftr-471	245	15	revenue	revenue	NOUN
ftr-471	245	16	code	code	NOUN
ftr-471	245	17	:	:	PUNCT
ftr-471	245	18	hearings	hearing	NOUN
ftr-471	245	19	before	before	ADP
ftr-471	245	20	the	the	DET
ftr-471	245	21	committee	committee	NOUN
ftr-471	245	22	on	on	ADP
ftr-471	245	23	ways	way	NOUN
ftr-471	245	24	and	and	CCONJ
ftr-471	245	25	means	mean	NOUN
ftr-471	245	26	,	,	PUNCT
ftr-471	245	27	house	house	PROPN
ftr-471	245	28	of	of	ADP
ftr-471	245	29	representatives	representative	NOUN
ftr-471	245	30	,	,	PUNCT
ftr-471	245	31	86th	86th	ADJ
ftr-471	245	32	cong	cong	NOUN
ftr-471	245	33	.	.	PUNCT
ftr-471	246	1	73	73	NUM
ftr-471	246	2	(	(	PUNCT
ftr-471	246	3	1959	1959	NUM
ftr-471	246	4	)	)	PUNCT
ftr-471	246	5	(	(	PUNCT
ftr-471	246	6	statement	statement	NOUN
ftr-471	246	7	of	of	ADP
ftr-471	246	8	arthur	arthur	PROPN
ftr-471	246	9	b.	b.	PROPN
ftr-471	246	10	willis	willis	PROPN
ftr-471	246	11	,	,	PUNCT
ftr-471	246	12	chairman	chairman	NOUN
ftr-471	246	13	of	of	ADP
ftr-471	246	14	the	the	DET
ftr-471	246	15	advisory	advisory	ADJ
ftr-471	246	16	group	group	NOUN
ftr-471	246	17	)	)	PUNCT
ftr-471	247	1	[	[	X
ftr-471	247	2	hereinafter	hereinafter	NOUN
ftr-471	247	3	hearings	hearing	NOUN
ftr-471	247	4	]	]	PUNCT
ftr-471	247	5	;	;	PUNCT
ftr-471	247	6	see	see	VERB
ftr-471	247	7	also	also	ADV
ftr-471	247	8	anderson	anderson	PROPN
ftr-471	247	9	&	&	CCONJ
ftr-471	247	10	coffee	coffee	PROPN
ftr-471	247	11	,	,	PUNCT
ftr-471	247	12	supra	supra	PROPN
ftr-471	247	13	note	note	NOUN
ftr-471	247	14	20	20	NUM
ftr-471	247	15	,	,	PUNCT
ftr-471	247	16	at	at	ADP
ftr-471	247	17	539	539	NUM
ftr-471	247	18	.	.	PUNCT
ftr-471	248	1	53	53	NUM
ftr-471	248	2	.	.	PUNCT
ftr-471	249	1	see	see	VERB
ftr-471	249	2	advisory	advisory	ADJ
ftr-471	249	3	group	group	NOUN
ftr-471	249	4	,	,	PUNCT
ftr-471	249	5	supra	supra	PROPN
ftr-471	249	6	note	note	NOUN
ftr-471	249	7	48	48	NUM
ftr-471	249	8	,	,	PUNCT
ftr-471	249	9	at	at	ADP
ftr-471	249	10	160	160	NUM
ftr-471	249	11	.	.	PUNCT
ftr-471	250	1	[	[	X
ftr-471	250	2	vol	vol	NOUN
ftr-471	250	3	3:12	3:12	NUM
ftr-471	250	4	partnership	partnership	NOUN
ftr-471	250	5	distributions	distribution	NOUN
ftr-471	250	6	:	:	PUNCT
ftr-471	250	7	options	option	NOUN
ftr-471	250	8	for	for	ADP
ftr-471	250	9	reform	reform	NOUN
ftr-471	250	10	advisory	advisory	ADJ
ftr-471	250	11	group	group	NOUN
ftr-471	250	12	believed	believe	VERB
ftr-471	250	13	,	,	PUNCT
ftr-471	250	14	however	however	ADV
ftr-471	250	15	,	,	PUNCT
ftr-471	250	16	that	that	DET
ftr-471	250	17	repeal	repeal	NOUN
ftr-471	250	18	of	of	ADP
ftr-471	250	19	section	section	NOUN
ftr-471	250	20	751	751	NUM
ftr-471	250	21	(	(	PUNCT
ftr-471	250	22	b	b	NOUN
ftr-471	250	23	)	)	PUNCT
ftr-471	250	24	should	should	AUX
ftr-471	250	25	not	not	PART
ftr-471	250	26	open	open	VERB
ftr-471	250	27	new	new	ADJ
ftr-471	250	28	opportunities	opportunity	NOUN
ftr-471	250	29	for	for	ADP
ftr-471	250	30	converting	convert	VERB
ftr-471	250	31	ordinary	ordinary	ADJ
ftr-471	250	32	income	income	NOUN
ftr-471	250	33	into	into	ADP
ftr-471	250	34	capital	capital	NOUN
ftr-471	250	35	gain	gain	NOUN
ftr-471	250	36	.	.	PUNCT
ftr-471	251	1	under	under	ADP
ftr-471	251	2	pre-1954	pre-1954	NOUN
ftr-471	251	3	law	law	NOUN
ftr-471	251	4	,	,	PUNCT
ftr-471	251	5	it	it	PRON
ftr-471	251	6	was	be	AUX
ftr-471	251	7	possible	possible	ADJ
ftr-471	251	8	to	to	PART
ftr-471	251	9	obtain	obtain	VERB
ftr-471	251	10	a	a	DET
ftr-471	251	11	step	step	NOUN
ftr-471	251	12	-	-	PUNCT
ftr-471	251	13	up	up	NOUN
ftr-471	251	14	in	in	ADP
ftr-471	251	15	the	the	DET
ftr-471	251	16	basis	basis	NOUN
ftr-471	251	17	of	of	ADP
ftr-471	251	18	ordinary	ordinary	ADJ
ftr-471	251	19	income	income	NOUN
ftr-471	251	20	property	property	NOUN
ftr-471	251	21	by	by	ADP
ftr-471	251	22	distributing	distribute	VERB
ftr-471	251	23	such	such	ADJ
ftr-471	251	24	property	property	NOUN
ftr-471	251	25	in	in	ADP
ftr-471	251	26	exchange	exchange	NOUN
ftr-471	251	27	for	for	ADP
ftr-471	251	28	all	all	PRON
ftr-471	251	29	or	or	CCONJ
ftr-471	251	30	a	a	DET
ftr-471	251	31	portion	portion	NOUN
ftr-471	251	32	of	of	ADP
ftr-471	251	33	a	a	DET
ftr-471	251	34	partner	partner	NOUN
ftr-471	251	35	's	's	PART
ftr-471	251	36	interest.55	interest.55	NOUN
ftr-471	251	37	for	for	ADP
ftr-471	251	38	example	example	NOUN
ftr-471	251	39	,	,	PUNCT
ftr-471	251	40	if	if	SCONJ
ftr-471	251	41	inventory	inventory	NOUN
ftr-471	251	42	with	with	ADP
ftr-471	251	43	a	a	DET
ftr-471	251	44	basis	basis	NOUN
ftr-471	251	45	of	of	ADP
ftr-471	251	46	$	$	SYM
ftr-471	251	47	4,000	4,000	NUM
ftr-471	251	48	and	and	CCONJ
ftr-471	251	49	a	a	DET
ftr-471	251	50	fair	fair	ADJ
ftr-471	251	51	market	market	NOUN
ftr-471	251	52	value	value	NOUN
ftr-471	251	53	of	of	ADP
ftr-471	251	54	$	$	SYM
ftr-471	251	55	10,000	10,000	NUM
ftr-471	251	56	was	be	AUX
ftr-471	251	57	distributed	distribute	VERB
ftr-471	251	58	in	in	ADP
ftr-471	251	59	liquidation	liquidation	NOUN
ftr-471	251	60	to	to	ADP
ftr-471	251	61	a	a	DET
ftr-471	251	62	partner	partner	NOUN
ftr-471	251	63	with	with	ADP
ftr-471	251	64	an	an	DET
ftr-471	251	65	outside	outside	ADJ
ftr-471	251	66	basis	basis	NOUN
ftr-471	251	67	of	of	ADP
ftr-471	251	68	$	$	SYM
ftr-471	251	69	10,000	10,000	NUM
ftr-471	251	70	,	,	PUNCT
ftr-471	251	71	the	the	DET
ftr-471	251	72	basis	basis	NOUN
ftr-471	251	73	of	of	ADP
ftr-471	251	74	the	the	DET
ftr-471	251	75	inventory	inventory	NOUN
ftr-471	251	76	was	be	AUX
ftr-471	251	77	stepped	step	VERB
ftr-471	251	78	up	up	ADP
ftr-471	251	79	to	to	ADP
ftr-471	251	80	fair	fair	ADJ
ftr-471	251	81	market	market	NOUN
ftr-471	251	82	value	value	NOUN
ftr-471	251	83	.	.	PUNCT
ftr-471	252	1	thus	thus	ADV
ftr-471	252	2	,	,	PUNCT
ftr-471	252	3	the	the	DET
ftr-471	252	4	distributee	distributee	NOUN
ftr-471	252	5	would	would	AUX
ftr-471	252	6	recognize	recognize	VERB
ftr-471	252	7	no	no	DET
ftr-471	252	8	ordinary	ordinary	ADJ
ftr-471	252	9	income	income	NOUN
ftr-471	252	10	on	on	ADP
ftr-471	252	11	sale	sale	NOUN
ftr-471	252	12	of	of	ADP
ftr-471	252	13	the	the	DET
ftr-471	252	14	inventory	inventory	NOUN
ftr-471	252	15	and	and	CCONJ
ftr-471	252	16	the	the	DET
ftr-471	252	17	other	other	ADJ
ftr-471	252	18	partners	partner	NOUN
ftr-471	252	19	might	might	AUX
ftr-471	252	20	be	be	AUX
ftr-471	252	21	left	leave	VERB
ftr-471	252	22	with	with	ADP
ftr-471	252	23	only	only	ADJ
ftr-471	252	24	appreciated	appreciated	ADJ
ftr-471	252	25	capital	capital	NOUN
ftr-471	252	26	gain	gain	NOUN
ftr-471	252	27	assets	asset	NOUN
ftr-471	252	28	.	.	PUNCT
ftr-471	253	1	to	to	PART
ftr-471	253	2	close	close	VERB
ftr-471	253	3	this	this	DET
ftr-471	253	4	loophole	loophole	NOUN
ftr-471	253	5	,	,	PUNCT
ftr-471	253	6	the	the	DET
ftr-471	253	7	1954	1954	NUM
ftr-471	253	8	code	code	NOUN
ftr-471	253	9	drafters	drafter	NOUN
ftr-471	253	10	enacted	enact	VERB
ftr-471	253	11	section	section	NOUN
ftr-471	253	12	732(c	732(c	PROPN
ftr-471	253	13	)	)	PUNCT
ftr-471	253	14	,	,	PUNCT
ftr-471	253	15	which	which	PRON
ftr-471	253	16	prevents	prevent	VERB
ftr-471	253	17	the	the	DET
ftr-471	253	18	distributee	distributee	NOUN
ftr-471	253	19	from	from	ADP
ftr-471	253	20	taking	take	VERB
ftr-471	253	21	a	a	DET
ftr-471	253	22	basis	basis	NOUN
ftr-471	253	23	in	in	ADP
ftr-471	253	24	unrealized	unrealized	ADJ
ftr-471	253	25	receivables	receivables	NOUN
ftr-471	253	26	or	or	CCONJ
ftr-471	253	27	inventory	inventory	NOUN
ftr-471	253	28	in	in	ADP
ftr-471	253	29	excess	excess	NOUN
ftr-471	253	30	of	of	ADP
ftr-471	253	31	the	the	DET
ftr-471	253	32	partnership	partnership	NOUN
ftr-471	253	33	's	's	PART
ftr-471	253	34	basis	basis	NOUN
ftr-471	253	35	in	in	ADP
ftr-471	253	36	such	such	ADJ
ftr-471	253	37	assets	asset	NOUN
ftr-471	253	38	.	.	PUNCT
ftr-471	254	1	"6	"6	VERB
ftr-471	254	2	the	the	DET
ftr-471	254	3	1954	1954	NUM
ftr-471	254	4	code	code	NOUN
ftr-471	254	5	also	also	ADV
ftr-471	254	6	established	establish	VERB
ftr-471	254	7	carryover	carryover	NOUN
ftr-471	254	8	-	-	PUNCT
ftr-471	254	9	basis	basis	NOUN
ftr-471	254	10	treatment	treatment	NOUN
ftr-471	254	11	under	under	ADP
ftr-471	254	12	section	section	NOUN
ftr-471	254	13	732	732	NUM
ftr-471	254	14	as	as	ADP
ftr-471	254	15	the	the	DET
ftr-471	254	16	general	general	ADJ
ftr-471	254	17	rule	rule	NOUN
ftr-471	254	18	for	for	ADP
ftr-471	254	19	other	other	ADJ
ftr-471	254	20	distributed	distribute	VERB
ftr-471	254	21	property	property	NOUN
ftr-471	254	22	,	,	PUNCT
ftr-471	254	23	eliminating	eliminate	VERB
ftr-471	254	24	the	the	DET
ftr-471	254	25	so	so	ADV
ftr-471	254	26	-	-	PUNCT
ftr-471	254	27	called	call	VERB
ftr-471	254	28	"	"	PUNCT
ftr-471	254	29	proportional	proportional	ADJ
ftr-471	254	30	allocation	allocation	NOUN
ftr-471	254	31	"	"	PUNCT
ftr-471	254	32	rule	rule	NOUN
ftr-471	254	33	under	under	ADP
ftr-471	254	34	the	the	DET
ftr-471	254	35	pre-1939	pre-1939	NOUN
ftr-471	254	36	code	code	NOUN
ftr-471	254	37	.	.	PUNCT
ftr-471	254	38	'	'	PUNCT
ftr-471	255	1	in	in	ADP
ftr-471	255	2	addition	addition	NOUN
ftr-471	255	3	,	,	PUNCT
ftr-471	255	4	section	section	NOUN
ftr-471	255	5	735	735	NUM
ftr-471	255	6	was	be	AUX
ftr-471	255	7	enacted	enact	VERB
ftr-471	255	8	to	to	PART
ftr-471	255	9	preserve	preserve	VERB
ftr-471	255	10	the	the	DET
ftr-471	255	11	ordinary	ordinary	ADJ
ftr-471	255	12	income	income	NOUN
ftr-471	255	13	character	character	NOUN
ftr-471	255	14	of	of	ADP
ftr-471	255	15	distributed	distribute	VERB
ftr-471	255	16	hot	hot	ADJ
ftr-471	255	17	assets	asset	NOUN
ftr-471	255	18	in	in	ADP
ftr-471	255	19	the	the	DET
ftr-471	255	20	hands	hand	NOUN
ftr-471	255	21	of	of	ADP
ftr-471	255	22	the	the	DET
ftr-471	255	23	distributeef	distributeef	NOUN
ftr-471	255	24	8	8	NUM
ftr-471	255	25	the	the	DET
ftr-471	255	26	1957	1957	NUM
ftr-471	255	27	advisory	advisory	ADJ
ftr-471	255	28	group	group	NOUN
ftr-471	255	29	felt	feel	VERB
ftr-471	255	30	that	that	SCONJ
ftr-471	255	31	these	these	DET
ftr-471	255	32	provisions	provision	NOUN
ftr-471	255	33	were	be	AUX
ftr-471	255	34	generally	generally	ADV
ftr-471	255	35	adequate	adequate	ADJ
ftr-471	255	36	to	to	PART
ftr-471	255	37	deal	deal	VERB
ftr-471	255	38	with	with	ADP
ftr-471	255	39	the	the	DET
ftr-471	255	40	problem	problem	NOUN
ftr-471	255	41	of	of	ADP
ftr-471	255	42	conversion	conversion	NOUN
ftr-471	255	43	of	of	ADP
ftr-471	255	44	ordinary	ordinary	ADJ
ftr-471	255	45	income	income	NOUN
ftr-471	255	46	into	into	ADP
ftr-471	255	47	capital	capital	NOUN
ftr-471	255	48	gain.59	gain.59	NOUN
ftr-471	255	49	it	it	PRON
ftr-471	255	50	recognized	recognize	VERB
ftr-471	255	51	that	that	SCONJ
ftr-471	255	52	,	,	PUNCT
ftr-471	255	53	in	in	ADP
ftr-471	255	54	the	the	DET
ftr-471	255	55	absence	absence	NOUN
ftr-471	255	56	of	of	ADP
ftr-471	255	57	section	section	NOUN
ftr-471	255	58	751	751	NUM
ftr-471	255	59	(	(	PUNCT
ftr-471	255	60	b	b	NOUN
ftr-471	255	61	)	)	PUNCT
ftr-471	255	62	,	,	PUNCT
ftr-471	255	63	partners	partner	NOUN
ftr-471	255	64	could	could	AUX
ftr-471	255	65	reduce	reduce	VERB
ftr-471	255	66	their	their	PRON
ftr-471	255	67	overall	overall	ADJ
ftr-471	255	68	tax	tax	NOUN
ftr-471	255	69	burden	burden	NOUN
ftr-471	255	70	by	by	ADP
ftr-471	255	71	distributing	distribute	VERB
ftr-471	255	72	ordinary	ordinary	ADJ
ftr-471	255	73	income	income	NOUN
ftr-471	255	74	assets	asset	NOUN
ftr-471	255	75	to	to	ADP
ftr-471	255	76	a	a	DET
ftr-471	255	77	low	low	ADJ
ftr-471	255	78	-	-	PUNCT
ftr-471	255	79	bracket	bracket	NOUN
ftr-471	255	80	partner	partner	NOUN
ftr-471	255	81	who	who	PRON
ftr-471	255	82	could	could	AUX
ftr-471	255	83	then	then	ADV
ftr-471	255	84	sell	sell	VERB
ftr-471	255	85	such	such	ADJ
ftr-471	255	86	assets	asset	NOUN
ftr-471	255	87	.	.	PUNCT
ftr-471	255	88	'	'	PUNCT
ftr-471	256	1	although	although	SCONJ
ftr-471	256	2	the	the	DET
ftr-471	256	3	advisory	advisory	ADJ
ftr-471	256	4	group	group	NOUN
ftr-471	256	5	was	be	AUX
ftr-471	256	6	willing	willing	ADJ
ftr-471	256	7	to	to	PART
ftr-471	256	8	tolerate	tolerate	VERB
ftr-471	256	9	this	this	DET
ftr-471	256	10	type	type	NOUN
ftr-471	256	11	of	of	ADP
ftr-471	256	12	income	income	NOUN
ftr-471	256	13	-	-	PUNCT
ftr-471	256	14	shifting	shifting	NOUN
ftr-471	256	15	as	as	ADP
ftr-471	256	16	the	the	DET
ftr-471	256	17	price	price	NOUN
ftr-471	256	18	for	for	ADP
ftr-471	256	19	eliminating	eliminate	VERB
ftr-471	256	20	section	section	NOUN
ftr-471	256	21	751	751	NUM
ftr-471	256	22	(	(	PUNCT
ftr-471	256	23	b	b	NOUN
ftr-471	256	24	)	)	PUNCT
ftr-471	256	25	,	,	PUNCT
ftr-471	256	26	it	it	PRON
ftr-471	256	27	proposed	propose	VERB
ftr-471	256	28	to	to	PART
ftr-471	256	29	amend	amend	VERB
ftr-471	256	30	the	the	DET
ftr-471	256	31	basis	basis	NOUN
ftr-471	256	32	allocation	allocation	NOUN
ftr-471	256	33	rules	rule	NOUN
ftr-471	256	34	of	of	ADP
ftr-471	256	35	section	section	NOUN
ftr-471	256	36	755	755	NUM
ftr-471	256	37	.	.	PUNCT
ftr-471	257	1	under	under	ADP
ftr-471	257	2	the	the	DET
ftr-471	257	3	proposed	propose	VERB
ftr-471	257	4	revision	revision	NOUN
ftr-471	257	5	,	,	PUNCT
ftr-471	257	6	any	any	DET
ftr-471	257	7	upward	upward	ADJ
ftr-471	257	8	basis	basis	NOUN
ftr-471	257	9	adjustments	adjustment	NOUN
ftr-471	257	10	under	under	ADP
ftr-471	257	11	section	section	NOUN
ftr-471	257	12	734(b	734(b	PROPN
ftr-471	257	13	)	)	PUNCT
ftr-471	257	14	would	would	AUX
ftr-471	257	15	be	be	AUX
ftr-471	257	16	allocated	allocate	VERB
ftr-471	257	17	solely	solely	ADV
ftr-471	257	18	to	to	AUX
ftr-471	257	19	nonsection	nonsection	VERB
ftr-471	257	20	751	751	NUM
ftr-471	257	21	assets	asset	NOUN
ftr-471	257	22	.	.	PUNCT
ftr-471	258	1	6	6	NUM
ftr-471	258	2	t	t	NOUN
ftr-471	258	3	thus	thus	ADV
ftr-471	258	4	,	,	PUNCT
ftr-471	258	5	the	the	DET
ftr-471	258	6	withdrawing	withdraw	VERB
ftr-471	258	7	partner	partner	NOUN
ftr-471	258	8	would	would	AUX
ftr-471	258	9	be	be	AUX
ftr-471	258	10	eligible	eligible	ADJ
ftr-471	258	11	for	for	ADP
ftr-471	258	12	capital	capital	NOUN
ftr-471	258	13	gain	gain	NOUN
ftr-471	258	14	treatment	treatment	NOUN
ftr-471	258	15	on	on	ADP
ftr-471	258	16	a	a	DET
ftr-471	258	17	distribution	distribution	NOUN
ftr-471	258	18	of	of	ADP
ftr-471	258	19	cash	cash	NOUN
ftr-471	258	20	in	in	ADP
ftr-471	258	21	exchange	exchange	NOUN
ftr-471	258	22	for	for	ADP
ftr-471	258	23	section	section	NOUN
ftr-471	258	24	751	751	NUM
ftr-471	258	25	assets	asset	NOUN
ftr-471	258	26	,	,	PUNCT
ftr-471	258	27	but	but	CCONJ
ftr-471	258	28	the	the	DET
ftr-471	258	29	54	54	NUM
ftr-471	258	30	.	.	PUNCT
ftr-471	259	1	see	see	VERB
ftr-471	259	2	i	i	PRON
ftr-471	259	3	d.	d.	PROPN
ftr-471	259	4	at	at	ADP
ftr-471	259	5	147	147	NUM
ftr-471	259	6	.	.	PUNCT
ftr-471	260	1	55	55	NUM
ftr-471	260	2	.	.	PUNCT
ftr-471	260	3	see	see	VERB
ftr-471	260	4	g.c.m	g.c.m	NOUN
ftr-471	260	5	.	.	PROPN
ftr-471	260	6	20,251	20,251	NUM
ftr-471	260	7	,	,	PUNCT
ftr-471	260	8	1938	1938	NUM
ftr-471	260	9	-	-	SYM
ftr-471	260	10	2	2	NUM
ftr-471	260	11	c.b	c.b	PROPN
ftr-471	260	12	.	.	PROPN
ftr-471	260	13	169	169	NUM
ftr-471	260	14	,	,	PUNCT
ftr-471	260	15	169	169	NUM
ftr-471	260	16	(	(	PUNCT
ftr-471	260	17	partner	partner	NOUN
ftr-471	260	18	's	's	PART
ftr-471	260	19	outside	outside	ADJ
ftr-471	260	20	basis	basis	NOUN
ftr-471	260	21	allocated	allocate	VERB
ftr-471	260	22	among	among	ADP
ftr-471	260	23	distributed	distribute	VERB
ftr-471	260	24	assets	asset	NOUN
ftr-471	260	25	in	in	ADP
ftr-471	260	26	proportion	proportion	NOUN
ftr-471	260	27	to	to	ADP
ftr-471	260	28	their	their	PRON
ftr-471	260	29	fair	fair	ADJ
ftr-471	260	30	market	market	NOUN
ftr-471	260	31	value	value	NOUN
ftr-471	260	32	at	at	ADP
ftr-471	260	33	time	time	NOUN
ftr-471	260	34	of	of	ADP
ftr-471	260	35	distribution	distribution	NOUN
ftr-471	260	36	)	)	PUNCT
ftr-471	260	37	.	.	PUNCT
ftr-471	261	1	56	56	X
ftr-471	261	2	.	.	PUNCT
ftr-471	261	3	see	see	VERB
ftr-471	261	4	irc	irc	PROPN
ftr-471	261	5	§	§	PROPN
ftr-471	261	6	732(c	732(c	PROPN
ftr-471	261	7	)	)	PUNCT
ftr-471	261	8	.	.	PUNCT
ftr-471	262	1	57	57	NUM
ftr-471	262	2	.	.	PUNCT
ftr-471	262	3	see	see	VERB
ftr-471	262	4	2	2	NUM
ftr-471	262	5	american	american	PROPN
ftr-471	262	6	law	law	PROPN
ftr-471	262	7	institute	institute	PROPN
ftr-471	262	8	,	,	PUNCT
ftr-471	262	9	federal	federal	ADJ
ftr-471	262	10	income	income	NOUN
ftr-471	262	11	tax	tax	NOUN
ftr-471	262	12	statute	statute	PROPN
ftr-471	262	13	:	:	PUNCT
ftr-471	262	14	february	february	PROPN
ftr-471	262	15	1954	1954	NUM
ftr-471	262	16	draft	draft	NOUN
ftr-471	262	17	358	358	NUM
ftr-471	262	18	(	(	PUNCT
ftr-471	262	19	1954	1954	NUM
ftr-471	262	20	)	)	PUNCT
ftr-471	262	21	;	;	PUNCT
ftr-471	262	22	h.ir	h.ir	PROPN
ftr-471	262	23	rep	rep	PROPN
ftr-471	262	24	.	.	PROPN
ftr-471	262	25	no	no	PROPN
ftr-471	262	26	.	.	NOUN
ftr-471	262	27	1337	1337	NUM
ftr-471	262	28	,	,	PUNCT
ftr-471	262	29	supra	supra	PROPN
ftr-471	262	30	note	note	PROPN
ftr-471	262	31	21	21	NUM
ftr-471	262	32	,	,	PUNCT
ftr-471	262	33	at	at	ADP
ftr-471	262	34	69	69	NUM
ftr-471	262	35	,	,	PUNCT
ftr-471	262	36	reprinted	reprint	VERB
ftr-471	262	37	in	in	ADP
ftr-471	262	38	1954	1954	NUM
ftr-471	262	39	u.s.s.c.a.n	u.s.s.c.a.n	PROPN
ftr-471	262	40	.	.	PUNCT
ftr-471	263	1	at	at	ADP
ftr-471	263	2	4095	4095	NUM
ftr-471	263	3	(	(	PUNCT
ftr-471	263	4	carryover	carryover	NOUN
ftr-471	263	5	-	-	PUNCT
ftr-471	263	6	basis	basis	NOUN
ftr-471	263	7	rule	rule	NOUN
ftr-471	263	8	"	"	PUNCT
ftr-471	263	9	avoids	avoid	VERB
ftr-471	263	10	the	the	DET
ftr-471	263	11	complexities	complexity	NOUN
ftr-471	263	12	of	of	ADP
ftr-471	263	13	present	present	ADJ
ftr-471	263	14	law	law	NOUN
ftr-471	263	15	which	which	PRON
ftr-471	263	16	requires	require	VERB
ftr-471	263	17	that	that	SCONJ
ftr-471	263	18	a	a	DET
ftr-471	263	19	portion	portion	NOUN
ftr-471	263	20	of	of	ADP
ftr-471	263	21	the	the	DET
ftr-471	263	22	basis	basis	NOUN
ftr-471	263	23	of	of	ADP
ftr-471	263	24	the	the	DET
ftr-471	263	25	distributee	distributee	NOUN
ftr-471	263	26	for	for	ADP
ftr-471	263	27	his	his	PRON
ftr-471	263	28	interest	interest	NOUN
ftr-471	263	29	in	in	ADP
ftr-471	263	30	the	the	DET
ftr-471	263	31	partnership	partnership	NOUN
ftr-471	263	32	be	be	AUX
ftr-471	263	33	assigned	assign	VERB
ftr-471	263	34	to	to	ADP
ftr-471	263	35	property	property	NOUN
ftr-471	263	36	distributed	distribute	VERB
ftr-471	263	37	"	"	PUNCT
ftr-471	263	38	)	)	PUNCT
ftr-471	263	39	.	.	PUNCT
ftr-471	264	1	58	58	NUM
ftr-471	264	2	.	.	PUNCT
ftr-471	265	1	see	see	VERB
ftr-471	265	2	irc	irc	PROPN
ftr-471	265	3	§	§	PROPN
ftr-471	265	4	735(a	735(a	NUM
ftr-471	265	5	)	)	PUNCT
ftr-471	265	6	(	(	PUNCT
ftr-471	265	7	five	five	NUM
ftr-471	265	8	-	-	PUNCT
ftr-471	265	9	year	year	NOUN
ftr-471	265	10	taint	taint	NOUN
ftr-471	265	11	for	for	ADP
ftr-471	265	12	inventory	inventory	NOUN
ftr-471	265	13	;	;	PUNCT
ftr-471	265	14	permanent	permanent	ADJ
ftr-471	265	15	taint	taint	NOUN
ftr-471	265	16	for	for	ADP
ftr-471	265	17	unrealized	unrealized	ADJ
ftr-471	265	18	receivables	receivable	NOUN
ftr-471	265	19	)	)	PUNCT
ftr-471	265	20	.	.	PUNCT
ftr-471	266	1	59	59	NUM
ftr-471	266	2	.	.	PUNCT
ftr-471	267	1	see	see	VERB
ftr-471	267	2	supra	supra	PROPN
ftr-471	267	3	notes	note	VERB
ftr-471	267	4	51	51	NUM
ftr-471	267	5	-	-	SYM
ftr-471	267	6	53	53	NUM
ftr-471	267	7	and	and	CCONJ
ftr-471	267	8	accompanying	accompany	VERB
ftr-471	267	9	text	text	NOUN
ftr-471	267	10	.	.	PUNCT
ftr-471	268	1	60	60	NUM
ftr-471	268	2	.	.	PUNCT
ftr-471	269	1	see	see	VERB
ftr-471	269	2	advisory	advisory	ADJ
ftr-471	269	3	group	group	NOUN
ftr-471	269	4	,	,	PUNCT
ftr-471	269	5	supra	supra	PROPN
ftr-471	269	6	note	note	NOUN
ftr-471	269	7	48	48	NUM
ftr-471	269	8	,	,	PUNCT
ftr-471	269	9	at	at	ADP
ftr-471	269	10	158	158	NUM
ftr-471	269	11	.	.	NOUN
ftr-471	269	12	61	61	NUM
ftr-471	269	13	.	.	PUNCT
ftr-471	270	1	see	see	VERB
ftr-471	270	2	i	i	PRON
ftr-471	270	3	d.	d.	PROPN
ftr-471	270	4	at	at	ADP
ftr-471	270	5	158	158	NUM
ftr-471	270	6	,	,	PUNCT
ftr-471	270	7	170	170	NUM
ftr-471	270	8	-	-	SYM
ftr-471	270	9	71	71	NUM
ftr-471	270	10	.	.	PUNCT
ftr-471	271	1	19981	19981	NUM
ftr-471	271	2	florida	florida	PROPN
ftr-471	271	3	tax	tax	PROPN
ftr-471	271	4	review	review	NOUN
ftr-471	271	5	continuing	continue	VERB
ftr-471	271	6	partners	partner	NOUN
ftr-471	271	7	would	would	AUX
ftr-471	271	8	receive	receive	VERB
ftr-471	271	9	no	no	DET
ftr-471	271	10	basis	basis	NOUN
ftr-471	271	11	step	step	NOUN
ftr-471	271	12	-	-	PUNCT
ftr-471	271	13	up	up	NOUN
ftr-471	271	14	in	in	ADP
ftr-471	271	15	the	the	DET
ftr-471	271	16	partnership	partnership	NOUN
ftr-471	271	17	's	's	PART
ftr-471	271	18	hot	hot	ADJ
ftr-471	271	19	assets	asset	NOUN
ftr-471	271	20	.	.	PUNCT
ftr-471	272	1	the	the	DET
ftr-471	272	2	treasury	treasury	PROPN
ftr-471	272	3	strenuously	strenuously	ADV
ftr-471	272	4	opposed	oppose	VERB
ftr-471	272	5	repeal	repeal	NOUN
ftr-471	272	6	of	of	ADP
ftr-471	272	7	section	section	NOUN
ftr-471	272	8	751(b	751(b	PROPN
ftr-471	272	9	)	)	PUNCT
ftr-471	272	10	on	on	ADP
ftr-471	272	11	the	the	DET
ftr-471	272	12	ground	ground	NOUN
ftr-471	272	13	that	that	SCONJ
ftr-471	272	14	it	it	PRON
ftr-471	272	15	would	would	AUX
ftr-471	272	16	provide	provide	VERB
ftr-471	272	17	greater	great	ADJ
ftr-471	272	18	latitude	latitude	NOUN
ftr-471	272	19	for	for	ADP
ftr-471	272	20	income	income	NOUN
ftr-471	272	21	-	-	PUNCT
ftr-471	272	22	shifting	shift	VERB
ftr-471	272	23	from	from	ADP
ftr-471	272	24	highbracket	highbracket	NOUN
ftr-471	272	25	to	to	ADP
ftr-471	272	26	low	low	ADJ
ftr-471	272	27	-	-	PUNCT
ftr-471	272	28	bracket	bracket	NOUN
ftr-471	272	29	taxpayers.62	taxpayers.62	NOUN
ftr-471	272	30	moreover	moreover	ADV
ftr-471	272	31	,	,	PUNCT
ftr-471	272	32	the	the	DET
ftr-471	272	33	proposed	propose	VERB
ftr-471	272	34	amendments	amendment	NOUN
ftr-471	272	35	to	to	ADP
ftr-471	272	36	the	the	DET
ftr-471	272	37	basis	basis	NOUN
ftr-471	272	38	allocation	allocation	NOUN
ftr-471	272	39	rules	rule	NOUN
ftr-471	272	40	were	be	AUX
ftr-471	272	41	open	open	ADJ
ftr-471	272	42	to	to	ADP
ftr-471	272	43	the	the	DET
ftr-471	272	44	criticism	criticism	NOUN
ftr-471	272	45	that	that	SCONJ
ftr-471	272	46	they	they	PRON
ftr-471	272	47	would	would	AUX
ftr-471	272	48	allow	allow	VERB
ftr-471	272	49	"	"	PUNCT
ftr-471	272	50	upward	upward	ADJ
ftr-471	272	51	adjustments	adjustment	NOUN
ftr-471	272	52	...	...	PUNCT
ftr-471	272	53	to	to	ADP
ftr-471	272	54	the	the	DET
ftr-471	272	55	basis	basis	NOUN
ftr-471	272	56	of	of	ADP
ftr-471	272	57	depreciable	depreciable	ADJ
ftr-471	272	58	[	[	X
ftr-471	272	59	capital	capital	NOUN
ftr-471	272	60	]	]	X
ftr-471	272	61	assets	asset	NOUN
ftr-471	272	62	of	of	ADP
ftr-471	272	63	the	the	DET
ftr-471	272	64	partnership	partnership	NOUN
ftr-471	272	65	in	in	ADP
ftr-471	272	66	connection	connection	NOUN
ftr-471	272	67	with	with	ADP
ftr-471	272	68	a	a	DET
ftr-471	272	69	distribution	distribution	NOUN
ftr-471	272	70	of	of	ADP
ftr-471	272	71	section	section	NOUN
ftr-471	272	72	751	751	NUM
ftr-471	272	73	assets	asset	NOUN
ftr-471	272	74	.	.	PUNCT
ftr-471	272	75	"	"	PUNCT
ftr-471	273	1	63	63	NUM
ftr-471	273	2	under	under	ADP
ftr-471	273	3	these	these	DET
ftr-471	273	4	proposals	proposal	NOUN
ftr-471	273	5	,	,	PUNCT
ftr-471	273	6	upward	upward	ADJ
ftr-471	273	7	basis	basis	NOUN
ftr-471	273	8	adjustments	adjustment	NOUN
ftr-471	273	9	could	could	AUX
ftr-471	273	10	be	be	AUX
ftr-471	273	11	allocated	allocate	VERB
ftr-471	273	12	to	to	ADP
ftr-471	273	13	any	any	DET
ftr-471	273	14	nonsection	nonsection	NOUN
ftr-471	273	15	751	751	NUM
ftr-471	273	16	asset	asset	NOUN
ftr-471	273	17	,	,	PUNCT
ftr-471	273	18	which	which	PRON
ftr-471	273	19	included	include	VERB
ftr-471	273	20	depreciable	depreciable	ADJ
ftr-471	273	21	capital	capital	NOUN
ftr-471	273	22	assets	asset	NOUN
ftr-471	273	23	.	.	PUNCT
ftr-471	274	1	thus	thus	ADV
ftr-471	274	2	,	,	PUNCT
ftr-471	274	3	it	it	PRON
ftr-471	274	4	would	would	AUX
ftr-471	274	5	be	be	AUX
ftr-471	274	6	possible	possible	ADJ
ftr-471	274	7	to	to	PART
ftr-471	274	8	boost	boost	VERB
ftr-471	274	9	the	the	DET
ftr-471	274	10	basis	basis	NOUN
ftr-471	274	11	of	of	ADP
ftr-471	274	12	depreciable	depreciable	ADJ
ftr-471	274	13	capital	capital	NOUN
ftr-471	274	14	assets	asset	NOUN
ftr-471	274	15	,	,	PUNCT
ftr-471	274	16	thereby	thereby	ADV
ftr-471	274	17	generating	generate	VERB
ftr-471	274	18	higher	high	ADJ
ftr-471	274	19	depreciation	depreciation	NOUN
ftr-471	274	20	deductions	deduction	NOUN
ftr-471	274	21	.	.	PUNCT
ftr-471	275	1	both	both	CCONJ
ftr-471	275	2	the	the	DET
ftr-471	275	3	treasury	treasury	NOUN
ftr-471	275	4	and	and	CCONJ
ftr-471	275	5	the	the	DET
ftr-471	275	6	organized	organized	ADJ
ftr-471	275	7	bar	bar	NOUN
ftr-471	275	8	also	also	ADV
ftr-471	275	9	objected	object	VERB
ftr-471	275	10	to	to	ADP
ftr-471	275	11	the	the	DET
ftr-471	275	12	repeal	repeal	NOUN
ftr-471	275	13	of	of	ADP
ftr-471	275	14	section	section	NOUN
ftr-471	275	15	751(b	751(b	PROPN
ftr-471	275	16	)	)	PUNCT
ftr-471	275	17	and	and	CCONJ
ftr-471	275	18	the	the	DET
ftr-471	275	19	proposed	propose	VERB
ftr-471	275	20	changes	change	NOUN
ftr-471	275	21	to	to	ADP
ftr-471	275	22	sections	section	NOUN
ftr-471	275	23	734(b	734(b	PROPN
ftr-471	275	24	)	)	PUNCT
ftr-471	275	25	and	and	CCONJ
ftr-471	275	26	755	755	NUM
ftr-471	275	27	,	,	PUNCT
ftr-471	275	28	on	on	ADP
ftr-471	275	29	the	the	DET
ftr-471	275	30	ground	ground	NOUN
ftr-471	275	31	that	that	SCONJ
ftr-471	275	32	this	this	PRON
ftr-471	275	33	would	would	AUX
ftr-471	275	34	introduce	introduce	VERB
ftr-471	275	35	an	an	DET
ftr-471	275	36	unwarranted	unwarranted	ADJ
ftr-471	275	37	disparity	disparity	NOUN
ftr-471	275	38	in	in	ADP
ftr-471	275	39	the	the	DET
ftr-471	275	40	tax	tax	NOUN
ftr-471	275	41	treatment	treatment	NOUN
ftr-471	275	42	of	of	ADP
ftr-471	275	43	redemptions	redemption	NOUN
ftr-471	275	44	and	and	CCONJ
ftr-471	275	45	sales	sale	NOUN
ftr-471	275	46	of	of	ADP
ftr-471	275	47	partnership	partnership	NOUN
ftr-471	275	48	interests.6	interests.6	PROPN
ftr-471	275	49	'	'	PUNCT
ftr-471	275	50	in	in	ADP
ftr-471	275	51	spite	spite	NOUN
ftr-471	275	52	of	of	ADP
ftr-471	275	53	the	the	DET
ftr-471	275	54	recommendations	recommendation	NOUN
ftr-471	275	55	of	of	ADP
ftr-471	275	56	the	the	DET
ftr-471	275	57	advisory	advisory	ADJ
ftr-471	275	58	group	group	NOUN
ftr-471	275	59	,	,	PUNCT
ftr-471	275	60	legislation	legislation	NOUN
ftr-471	275	61	introduced	introduce	VERB
ftr-471	275	62	in	in	ADP
ftr-471	275	63	1960	1960	NUM
ftr-471	275	64	retained	retain	VERB
ftr-471	275	65	section	section	NOUN
ftr-471	275	66	751	751	NUM
ftr-471	275	67	(	(	PUNCT
ftr-471	275	68	b	b	NOUN
ftr-471	275	69	)	)	PUNCT
ftr-471	275	70	virtually	virtually	ADV
ftr-471	275	71	intact.6	intact.6	PROPN
ftr-471	275	72	under	under	ADP
ftr-471	275	73	current	current	ADJ
ftr-471	275	74	law	law	NOUN
ftr-471	275	75	,	,	PUNCT
ftr-471	275	76	section	section	NOUN
ftr-471	275	77	755	755	NUM
ftr-471	275	78	governs	govern	VERB
ftr-471	275	79	the	the	DET
ftr-471	275	80	allocation	allocation	NOUN
ftr-471	275	81	of	of	ADP
ftr-471	275	82	optional	optional	ADJ
ftr-471	275	83	basis	basis	NOUN
ftr-471	275	84	adjustments	adjustment	NOUN
ftr-471	275	85	among	among	ADP
ftr-471	275	86	partnership	partnership	NOUN
ftr-471	275	87	assets	asset	NOUN
ftr-471	275	88	.	.	PUNCT
ftr-471	276	1	section	section	NOUN
ftr-471	276	2	755	755	NUM
ftr-471	276	3	contains	contain	VERB
ftr-471	276	4	both	both	DET
ftr-471	276	5	a	a	DET
ftr-471	276	6	general	general	ADJ
ftr-471	276	7	rule	rule	NOUN
ftr-471	276	8	and	and	CCONJ
ftr-471	276	9	a	a	DET
ftr-471	276	10	special	special	ADJ
ftr-471	276	11	rule	rule	NOUN
ftr-471	276	12	:	:	PUNCT
ftr-471	276	13	the	the	DET
ftr-471	276	14	general	general	ADJ
ftr-471	276	15	rule	rule	NOUN
ftr-471	276	16	requires	require	VERB
ftr-471	276	17	that	that	SCONJ
ftr-471	276	18	any	any	DET
ftr-471	276	19	adjustment	adjustment	NOUN
ftr-471	276	20	be	be	AUX
ftr-471	276	21	allocated	allocate	VERB
ftr-471	276	22	"	"	PUNCT
ftr-471	276	23	in	in	ADP
ftr-471	276	24	a	a	DET
ftr-471	276	25	manner	manner	NOUN
ftr-471	276	26	which	which	PRON
ftr-471	276	27	has	have	VERB
ftr-471	276	28	the	the	DET
ftr-471	276	29	effect	effect	NOUN
ftr-471	276	30	of	of	ADP
ftr-471	276	31	reducing	reduce	VERB
ftr-471	276	32	the	the	DET
ftr-471	276	33	difference	difference	NOUN
ftr-471	276	34	between	between	ADP
ftr-471	276	35	the	the	DET
ftr-471	276	36	fair	fair	ADJ
ftr-471	276	37	market	market	NOUN
ftr-471	276	38	value	value	NOUN
ftr-471	276	39	and	and	CCONJ
ftr-471	276	40	the	the	DET
ftr-471	276	41	adjusted	adjusted	ADJ
ftr-471	276	42	basis	basis	NOUN
ftr-471	276	43	of	of	ADP
ftr-471	276	44	partnership	partnership	NOUN
ftr-471	276	45	properties	property	NOUN
ftr-471	276	46	,	,	PUNCT
ftr-471	276	47	66	66	NUM
ftr-471	276	48	while	while	SCONJ
ftr-471	276	49	the	the	DET
ftr-471	276	50	special	special	ADJ
ftr-471	276	51	rule	rule	NOUN
ftr-471	276	52	requires	require	VERB
ftr-471	276	53	that	that	SCONJ
ftr-471	276	54	adjustments	adjustment	NOUN
ftr-471	276	55	attributable	attributable	ADJ
ftr-471	276	56	to	to	ADP
ftr-471	276	57	capital	capital	NOUN
ftr-471	276	58	gain	gain	NOUN
ftr-471	276	59	assets	asset	NOUN
ftr-471	276	60	be	be	AUX
ftr-471	276	61	allocated	allocate	VERB
ftr-471	276	62	solely	solely	ADV
ftr-471	276	63	to	to	ADP
ftr-471	276	64	capital	capital	NOUN
ftr-471	276	65	gain	gain	VERB
ftr-471	276	66	assets	asset	NOUN
ftr-471	276	67	and	and	CCONJ
ftr-471	276	68	adjustments	adjustment	NOUN
ftr-471	276	69	attributable	attributable	ADJ
ftr-471	276	70	to	to	ADP
ftr-471	276	71	other	other	ADJ
ftr-471	276	72	assets	asset	NOUN
ftr-471	276	73	be	be	AUX
ftr-471	276	74	allocated	allocate	VERB
ftr-471	276	75	to	to	ADP
ftr-471	276	76	such	such	ADJ
ftr-471	276	77	assets.67	assets.67	NOUN
ftr-471	276	78	the	the	DET
ftr-471	276	79	special	special	ADJ
ftr-471	276	80	rule	rule	NOUN
ftr-471	276	81	,	,	PUNCT
ftr-471	276	82	sometimes	sometimes	ADV
ftr-471	276	83	referred	refer	VERB
ftr-471	276	84	to	to	ADP
ftr-471	276	85	as	as	SCONJ
ftr-471	276	86	the	the	DET
ftr-471	276	87	"	"	PUNCT
ftr-471	276	88	basis	basis	NOUN
ftr-471	276	89	segregation	segregation	NOUN
ftr-471	276	90	rule,"6	rule,"6	NOUN
ftr-471	276	91	is	be	AUX
ftr-471	276	92	intended	intend	VERB
ftr-471	276	93	to	to	PART
ftr-471	276	94	prevent	prevent	VERB
ftr-471	276	95	the	the	DET
ftr-471	276	96	shift	shift	NOUN
ftr-471	276	97	of	of	ADP
ftr-471	276	98	basis	basis	NOUN
ftr-471	276	99	from	from	ADP
ftr-471	276	100	capital	capital	NOUN
ftr-471	276	101	gain	gain	NOUN
ftr-471	276	102	to	to	ADP
ftr-471	276	103	ordinary	ordinary	ADJ
ftr-471	276	104	income	income	NOUN
ftr-471	276	105	assets	asset	NOUN
ftr-471	276	106	.	.	PUNCT
ftr-471	277	1	62	62	NUM
ftr-471	277	2	.	.	PUNCT
ftr-471	277	3	hearings	hearing	NOUN
ftr-471	277	4	,	,	PUNCT
ftr-471	277	5	supra	supra	PROPN
ftr-471	277	6	note	note	NOUN
ftr-471	277	7	52	52	NUM
ftr-471	277	8	,	,	PUNCT
ftr-471	277	9	at	at	ADP
ftr-471	277	10	657	657	NUM
ftr-471	277	11	(	(	PUNCT
ftr-471	277	12	jay	jay	PROPN
ftr-471	277	13	glasmann	glasmann	PROPN
ftr-471	277	14	,	,	PUNCT
ftr-471	277	15	representing	represent	VERB
ftr-471	277	16	the	the	DET
ftr-471	277	17	treasury	treasury	NOUN
ftr-471	277	18	)	)	PUNCT
ftr-471	277	19	;	;	PUNCT
ftr-471	277	20	see	see	VERB
ftr-471	277	21	also	also	ADV
ftr-471	277	22	anderson	anderson	PROPN
ftr-471	277	23	&	&	CCONJ
ftr-471	277	24	coffee	coffee	PROPN
ftr-471	277	25	,	,	PUNCT
ftr-471	277	26	supra	supra	PROPN
ftr-471	277	27	note	note	NOUN
ftr-471	277	28	20	20	NUM
ftr-471	277	29	,	,	PUNCT
ftr-471	277	30	at	at	ADP
ftr-471	277	31	538	538	NUM
ftr-471	277	32	-	-	SYM
ftr-471	277	33	39	39	NUM
ftr-471	277	34	.	.	PUNCT
ftr-471	278	1	63	63	NUM
ftr-471	278	2	.	.	PUNCT
ftr-471	279	1	see	see	VERB
ftr-471	279	2	anderson	anderson	PROPN
ftr-471	279	3	&	&	CCONJ
ftr-471	279	4	coffee	coffee	PROPN
ftr-471	279	5	,	,	PUNCT
ftr-471	279	6	supra	supra	PROPN
ftr-471	279	7	note	note	NOUN
ftr-471	279	8	20	20	NUM
ftr-471	279	9	,	,	PUNCT
ftr-471	279	10	at	at	ADP
ftr-471	279	11	539	539	NUM
ftr-471	279	12	-	-	SYM
ftr-471	279	13	40	40	NUM
ftr-471	279	14	.	.	PUNCT
ftr-471	280	1	the	the	DET
ftr-471	280	2	treasury	treasury	NOUN
ftr-471	280	3	's	's	PART
ftr-471	280	4	objections	objection	NOUN
ftr-471	280	5	stemmed	stem	VERB
ftr-471	280	6	from	from	ADP
ftr-471	280	7	the	the	DET
ftr-471	280	8	proposed	propose	VERB
ftr-471	280	9	elimination	elimination	NOUN
ftr-471	280	10	of	of	ADP
ftr-471	280	11	the	the	DET
ftr-471	280	12	"	"	PUNCT
ftr-471	280	13	basis	basis	NOUN
ftr-471	280	14	segregation	segregation	NOUN
ftr-471	280	15	rule	rule	NOUN
ftr-471	280	16	"	"	PUNCT
ftr-471	280	17	of	of	ADP
ftr-471	280	18	§	§	PROPN
ftr-471	280	19	755	755	NUM
ftr-471	280	20	,	,	PUNCT
ftr-471	280	21	which	which	PRON
ftr-471	280	22	divides	divide	VERB
ftr-471	280	23	property	property	NOUN
ftr-471	280	24	into	into	ADP
ftr-471	280	25	(	(	PUNCT
ftr-471	280	26	1	1	NUM
ftr-471	280	27	)	)	PUNCT
ftr-471	280	28	capital	capital	NOUN
ftr-471	280	29	assets	asset	NOUN
ftr-471	280	30	and	and	CCONJ
ftr-471	280	31	§	§	PROPN
ftr-471	280	32	1231	1231	NUM
ftr-471	280	33	assets	asset	NOUN
ftr-471	280	34	and	and	CCONJ
ftr-471	280	35	(	(	PUNCT
ftr-471	280	36	2	2	X
ftr-471	280	37	)	)	PUNCT
ftr-471	280	38	other	other	ADJ
ftr-471	280	39	property	property	NOUN
ftr-471	280	40	.	.	PUNCT
ftr-471	281	1	see	see	VERB
ftr-471	281	2	infra	infra	NOUN
ftr-471	281	3	notes	note	VERB
ftr-471	281	4	66	66	NUM
ftr-471	281	5	-	-	SYM
ftr-471	281	6	68	68	NUM
ftr-471	281	7	and	and	CCONJ
ftr-471	281	8	accompanying	accompany	VERB
ftr-471	281	9	text	text	NOUN
ftr-471	281	10	.	.	PUNCT
ftr-471	282	1	64	64	NUM
ftr-471	282	2	.	.	PUNCT
ftr-471	283	1	the	the	DET
ftr-471	283	2	a.b.a	a.b.a	NOUN
ftr-471	283	3	.	.	PUNCT
ftr-471	283	4	recommended	recommend	VERB
ftr-471	283	5	limiting	limit	VERB
ftr-471	283	6	§	§	PROPN
ftr-471	283	7	751	751	NUM
ftr-471	283	8	(	(	PUNCT
ftr-471	283	9	b	b	NOUN
ftr-471	283	10	)	)	PUNCT
ftr-471	283	11	to	to	PART
ftr-471	283	12	cash	cash	VERB
ftr-471	283	13	liquidating	liquidating	NOUN
ftr-471	283	14	distributions	distribution	NOUN
ftr-471	283	15	.	.	PUNCT
ftr-471	284	1	see	see	VERB
ftr-471	284	2	hearings	hearing	NOUN
ftr-471	284	3	,	,	PUNCT
ftr-471	284	4	supra	supra	PROPN
ftr-471	284	5	note	note	NOUN
ftr-471	284	6	52	52	NUM
ftr-471	284	7	,	,	PUNCT
ftr-471	284	8	at	at	ADP
ftr-471	284	9	995	995	NUM
ftr-471	284	10	(	(	PUNCT
ftr-471	284	11	legislative	legislative	ADJ
ftr-471	284	12	recommendations	recommendation	NOUN
ftr-471	284	13	of	of	ADP
ftr-471	284	14	a.b.a	a.b.a	NOUN
ftr-471	284	15	.	.	PUNCT
ftr-471	284	16	)	)	PUNCT
ftr-471	284	17	.	.	PUNCT
ftr-471	285	1	65	65	NUM
ftr-471	285	2	.	.	PUNCT
ftr-471	286	1	see	see	VERB
ftr-471	286	2	h.r	h.r	PROPN
ftr-471	286	3	.	.	PROPN
ftr-471	286	4	9662	9662	NUM
ftr-471	286	5	,	,	PUNCT
ftr-471	286	6	86th	86th	ADJ
ftr-471	286	7	cong	cong	NOUN
ftr-471	286	8	.	.	PROPN
ftr-471	287	1	,	,	PUNCT
ftr-471	287	2	2d	2d	PROPN
ftr-471	287	3	sess	sess	NOUN
ftr-471	287	4	.	.	PUNCT
ftr-471	288	1	27	27	NUM
ftr-471	288	2	-	-	SYM
ftr-471	288	3	30	30	NUM
ftr-471	288	4	,	,	PUNCT
ftr-471	288	5	148	148	NUM
ftr-471	288	6	-	-	SYM
ftr-471	288	7	50	50	NUM
ftr-471	288	8	;	;	PUNCT
ftr-471	288	9	see	see	VERB
ftr-471	288	10	also	also	ADV
ftr-471	288	11	arthur	arthur	PROPN
ftr-471	288	12	b.	b.	PROPN
ftr-471	288	13	willis	willis	PROPN
ftr-471	288	14	,	,	PUNCT
ftr-471	288	15	willis	willis	PROPN
ftr-471	288	16	on	on	ADP
ftr-471	288	17	partnership	partnership	NOUN
ftr-471	288	18	taxation	taxation	NOUN
ftr-471	288	19	17	17	NUM
ftr-471	288	20	-	-	SYM
ftr-471	288	21	18	18	NUM
ftr-471	288	22	(	(	PUNCT
ftr-471	288	23	1971	1971	NUM
ftr-471	288	24	)	)	PUNCT
ftr-471	288	25	(	(	PUNCT
ftr-471	288	26	discussing	discuss	VERB
ftr-471	288	27	congress	congress	PROPN
ftr-471	288	28	'	'	PART
ftr-471	288	29	failure	failure	NOUN
ftr-471	288	30	to	to	PART
ftr-471	288	31	enact	enact	VERB
ftr-471	288	32	proposed	propose	VERB
ftr-471	288	33	revisions	revision	NOUN
ftr-471	288	34	)	)	PUNCT
ftr-471	288	35	.	.	PUNCT
ftr-471	289	1	66	66	NUM
ftr-471	289	2	.	.	PUNCT
ftr-471	290	1	see	see	VERB
ftr-471	290	2	irc	irc	ADV
ftr-471	290	3	§	§	PROPN
ftr-471	290	4	755(a	755(a	PROPN
ftr-471	290	5	)	)	PUNCT
ftr-471	290	6	;	;	PUNCT
ftr-471	290	7	see	see	VERB
ftr-471	290	8	also	also	ADV
ftr-471	290	9	regs	reg	VERB
ftr-471	290	10	.	.	PUNCT
ftr-471	291	1	§	§	PROPN
ftr-471	291	2	1.755	1.755	NUM
ftr-471	291	3	-	-	SYM
ftr-471	291	4	1(a	1(a	NUM
ftr-471	291	5	)	)	PUNCT
ftr-471	291	6	;	;	PUNCT
ftr-471	292	1	prop	prop	NOUN
ftr-471	292	2	.	.	PUNCT
ftr-471	292	3	regs	regs	PROPN
ftr-471	292	4	.	.	PUNCT
ftr-471	293	1	§	§	PROPN
ftr-471	293	2	1.755	1.755	NUM
ftr-471	293	3	-	-	SYM
ftr-471	293	4	1(c)(2	1(c)(2	NUM
ftr-471	293	5	)	)	PUNCT
ftr-471	293	6	.	.	PUNCT
ftr-471	294	1	67	67	NUM
ftr-471	294	2	.	.	PUNCT
ftr-471	295	1	see	see	VERB
ftr-471	295	2	irc	irc	PROPN
ftr-471	295	3	§	§	PROPN
ftr-471	295	4	755(b	755(b	PROPN
ftr-471	295	5	)	)	PUNCT
ftr-471	295	6	;	;	PUNCT
ftr-471	295	7	see	see	VERB
ftr-471	295	8	also	also	ADV
ftr-471	295	9	regs	reg	VERB
ftr-471	295	10	.	.	PUNCT
ftr-471	296	1	§	§	PROPN
ftr-471	296	2	1.755	1.755	NUM
ftr-471	296	3	-	-	SYM
ftr-471	296	4	1(b)(1)(i	1(b)(1)(i	NUM
ftr-471	296	5	)	)	PUNCT
ftr-471	296	6	;	;	PUNCT
ftr-471	297	1	prop	prop	NOUN
ftr-471	297	2	.	.	PUNCT
ftr-471	297	3	regs	regs	PROPN
ftr-471	297	4	.	.	PUNCT
ftr-471	298	1	§	§	PROPN
ftr-471	298	2	1.755l(c)(1)(i	1.755l(c)(1)(i	NUM
ftr-471	298	3	)	)	PUNCT
ftr-471	298	4	.	.	PUNCT
ftr-471	299	1	if	if	SCONJ
ftr-471	299	2	a	a	DET
ftr-471	299	3	distribution	distribution	NOUN
ftr-471	299	4	triggers	trigger	VERB
ftr-471	299	5	recognition	recognition	NOUN
ftr-471	299	6	of	of	ADP
ftr-471	299	7	gain	gain	NOUN
ftr-471	299	8	(	(	PUNCT
ftr-471	299	9	or	or	CCONJ
ftr-471	299	10	loss	loss	NOUN
ftr-471	299	11	)	)	PUNCT
ftr-471	299	12	,	,	PUNCT
ftr-471	299	13	the	the	DET
ftr-471	299	14	§	§	PROPN
ftr-471	299	15	734(b	734(b	PROPN
ftr-471	299	16	)	)	PUNCT
ftr-471	299	17	adjustment	adjustment	NOUN
ftr-471	299	18	must	must	AUX
ftr-471	299	19	be	be	AUX
ftr-471	299	20	allocated	allocate	VERB
ftr-471	299	21	solely	solely	ADV
ftr-471	299	22	to	to	ADP
ftr-471	299	23	capital	capital	NOUN
ftr-471	299	24	gain	gain	NOUN
ftr-471	299	25	assets	asset	NOUN
ftr-471	299	26	.	.	PUNCT
ftr-471	300	1	see	see	VERB
ftr-471	300	2	regs	reg	NOUN
ftr-471	300	3	.	.	PUNCT
ftr-471	301	1	§	§	PROPN
ftr-471	301	2	1.755	1.755	NUM
ftr-471	301	3	-	-	SYM
ftr-471	301	4	1(b)(1)(ii	1(b)(1)(ii	NUM
ftr-471	301	5	)	)	PUNCT
ftr-471	301	6	;	;	PUNCT
ftr-471	301	7	prop	prop	NOUN
ftr-471	301	8	.	.	PUNCT
ftr-471	301	9	regs	regs	PROPN
ftr-471	301	10	.	.	PUNCT
ftr-471	302	1	§	§	PROPN
ftr-471	302	2	1.755l(c)(1)(ii	1.755l(c)(1)(ii	NUM
ftr-471	302	3	)	)	PUNCT
ftr-471	302	4	.	.	PUNCT
ftr-471	303	1	68	68	NUM
ftr-471	303	2	.	.	PUNCT
ftr-471	304	1	see	see	PROPN
ftr-471	304	2	andrews	andrews	PROPN
ftr-471	304	3	,	,	PUNCT
ftr-471	304	4	supra	supra	PROPN
ftr-471	304	5	note	note	PROPN
ftr-471	304	6	12	12	NUM
ftr-471	304	7	,	,	PUNCT
ftr-471	304	8	at	at	ADP
ftr-471	304	9	26	26	NUM
ftr-471	304	10	.	.	PUNCT
ftr-471	305	1	[	[	X
ftr-471	305	2	vol	vol	NOUN
ftr-471	305	3	3:12	3:12	NUM
ftr-471	305	4	partnership	partnership	NOUN
ftr-471	305	5	distributions	distribution	NOUN
ftr-471	305	6	:	:	PUNCT
ftr-471	305	7	options	option	NOUN
ftr-471	305	8	for	for	ADP
ftr-471	305	9	refonn	refonn	NOUN
ftr-471	305	10	in	in	ADP
ftr-471	305	11	focusing	focus	VERB
ftr-471	305	12	narrowly	narrowly	ADV
ftr-471	305	13	on	on	ADP
ftr-471	305	14	the	the	DET
ftr-471	305	15	character	character	NOUN
ftr-471	305	16	of	of	ADP
ftr-471	305	17	gain	gain	NOUN
ftr-471	305	18	from	from	ADP
ftr-471	305	19	a	a	DET
ftr-471	305	20	sale	sale	NOUN
ftr-471	305	21	as	as	ADP
ftr-471	305	22	ordinary	ordinary	ADJ
ftr-471	305	23	or	or	CCONJ
ftr-471	305	24	capital	capital	NOUN
ftr-471	305	25	,	,	PUNCT
ftr-471	305	26	congress	congress	PROPN
ftr-471	305	27	apparently	apparently	ADV
ftr-471	305	28	overlooked	overlook	VERB
ftr-471	305	29	the	the	DET
ftr-471	305	30	potential	potential	NOUN
ftr-471	305	31	for	for	ADP
ftr-471	305	32	shifting	shift	VERB
ftr-471	305	33	basis	basis	NOUN
ftr-471	305	34	from	from	ADP
ftr-471	305	35	nondepreciable	nondepreciable	ADJ
ftr-471	305	36	capital	capital	NOUN
ftr-471	305	37	assets	asset	NOUN
ftr-471	305	38	to	to	PART
ftr-471	305	39	depreciable	depreciable	VERB
ftr-471	305	40	capital	capital	NOUN
ftr-471	305	41	assets	asset	NOUN
ftr-471	305	42	.	.	PUNCT
ftr-471	305	43	'	'	PUNCT
ftr-471	306	1	because	because	SCONJ
ftr-471	306	2	depreciable	depreciable	ADJ
ftr-471	306	3	property	property	NOUN
ftr-471	306	4	generates	generate	VERB
ftr-471	306	5	ordinary	ordinary	ADJ
ftr-471	306	6	deductions	deduction	NOUN
ftr-471	306	7	,	,	PUNCT
ftr-471	306	8	inflating	inflate	VERB
ftr-471	306	9	the	the	DET
ftr-471	306	10	basis	basis	NOUN
ftr-471	306	11	of	of	ADP
ftr-471	306	12	such	such	ADJ
ftr-471	306	13	property	property	NOUN
ftr-471	306	14	presents	present	VERB
ftr-471	306	15	the	the	DET
ftr-471	306	16	same	same	ADJ
ftr-471	306	17	conversion	conversion	NOUN
ftr-471	306	18	potential	potential	NOUN
ftr-471	306	19	that	that	SCONJ
ftr-471	306	20	the	the	DET
ftr-471	306	21	basis	basis	NOUN
ftr-471	306	22	segregation	segregation	NOUN
ftr-471	306	23	rules	rule	NOUN
ftr-471	306	24	are	be	AUX
ftr-471	306	25	presumably	presumably	ADV
ftr-471	306	26	intended	intend	VERB
ftr-471	306	27	to	to	PART
ftr-471	306	28	prevent.70	prevent.70	VERB
ftr-471	306	29	for	for	ADP
ftr-471	306	30	example	example	NOUN
ftr-471	306	31	,	,	PUNCT
ftr-471	306	32	consider	consider	VERB
ftr-471	306	33	an	an	DET
ftr-471	306	34	equal	equal	ADJ
ftr-471	306	35	three	three	NUM
ftr-471	306	36	-	-	PUNCT
ftr-471	306	37	member	member	NOUN
ftr-471	306	38	partnership	partnership	NOUN
ftr-471	306	39	which	which	PRON
ftr-471	306	40	owns	own	VERB
ftr-471	306	41	section	section	NOUN
ftr-471	306	42	1250	1250	NUM
ftr-471	306	43	real	real	ADJ
ftr-471	306	44	property	property	NOUN
ftr-471	306	45	with	with	ADP
ftr-471	306	46	a	a	DET
ftr-471	306	47	fair	fair	ADJ
ftr-471	306	48	market	market	NOUN
ftr-471	306	49	value	value	NOUN
ftr-471	306	50	of	of	ADP
ftr-471	306	51	$	$	SYM
ftr-471	306	52	1,000	1,000	NUM
ftr-471	306	53	and	and	CCONJ
ftr-471	306	54	a	a	DET
ftr-471	306	55	basis	basis	NOUN
ftr-471	306	56	of	of	ADP
ftr-471	306	57	$	$	SYM
ftr-471	306	58	100	100	NUM
ftr-471	306	59	;	;	PUNCT
ftr-471	306	60	the	the	DET
ftr-471	306	61	partnership	partnership	NOUN
ftr-471	306	62	's	's	PART
ftr-471	306	63	only	only	ADJ
ftr-471	306	64	other	other	ADJ
ftr-471	306	65	assets	asset	NOUN
ftr-471	306	66	consist	consist	VERB
ftr-471	306	67	of	of	ADP
ftr-471	306	68	$	$	SYM
ftr-471	306	69	1,000	1,000	NUM
ftr-471	306	70	cash	cash	NOUN
ftr-471	306	71	and	and	CCONJ
ftr-471	306	72	nontraded	nontraded	ADJ
ftr-471	306	73	securities	security	NOUN
ftr-471	306	74	with	with	ADP
ftr-471	306	75	a	a	DET
ftr-471	306	76	basis	basis	NOUN
ftr-471	306	77	and	and	CCONJ
ftr-471	306	78	fair	fair	ADJ
ftr-471	306	79	market	market	NOUN
ftr-471	306	80	value	value	NOUN
ftr-471	306	81	of	of	ADP
ftr-471	306	82	$	$	SYM
ftr-471	306	83	1,000	1,000	NUM
ftr-471	306	84	.	.	PUNCT
ftr-471	307	1	the	the	DET
ftr-471	307	2	partnership	partnership	NOUN
ftr-471	307	3	uses	use	VERB
ftr-471	307	4	the	the	DET
ftr-471	307	5	cash	cash	NOUN
ftr-471	307	6	to	to	PART
ftr-471	307	7	redeem	redeem	VERB
ftr-471	307	8	one	one	NUM
ftr-471	307	9	partner	partner	NOUN
ftr-471	307	10	whose	whose	DET
ftr-471	307	11	outside	outside	ADJ
ftr-471	307	12	basis	basis	NOUN
ftr-471	307	13	is	be	AUX
ftr-471	307	14	$	$	SYM
ftr-471	307	15	700	700	NUM
ftr-471	307	16	,	,	PUNCT
ftr-471	307	17	triggering	trigger	VERB
ftr-471	307	18	$	$	SYM
ftr-471	307	19	300	300	NUM
ftr-471	307	20	of	of	ADP
ftr-471	307	21	capital	capital	NOUN
ftr-471	307	22	gain	gain	NOUN
ftr-471	307	23	under	under	ADP
ftr-471	307	24	section	section	NOUN
ftr-471	307	25	731(a	731(a	PROPN
ftr-471	307	26	)	)	PUNCT
ftr-471	307	27	and	and	CCONJ
ftr-471	307	28	a	a	DET
ftr-471	307	29	corresponding	corresponding	ADJ
ftr-471	307	30	section	section	NOUN
ftr-471	307	31	734(b	734(b	PROPN
ftr-471	307	32	)	)	PUNCT
ftr-471	307	33	upward	upward	ADJ
ftr-471	307	34	adjustment	adjustment	NOUN
ftr-471	307	35	to	to	ADP
ftr-471	307	36	the	the	DET
ftr-471	307	37	basis	basis	NOUN
ftr-471	307	38	of	of	ADP
ftr-471	307	39	the	the	DET
ftr-471	307	40	depreciable	depreciable	ADJ
ftr-471	307	41	property	property	NOUN
ftr-471	307	42	.	.	PUNCT
ftr-471	308	1	the	the	DET
ftr-471	308	2	continuing	continue	VERB
ftr-471	308	3	partners	partner	NOUN
ftr-471	308	4	benefit	benefit	VERB
ftr-471	308	5	from	from	ADP
ftr-471	308	6	the	the	DET
ftr-471	308	7	higher	high	ADJ
ftr-471	308	8	basis	basis	NOUN
ftr-471	308	9	of	of	ADP
ftr-471	308	10	the	the	DET
ftr-471	308	11	real	real	ADJ
ftr-471	308	12	property	property	NOUN
ftr-471	308	13	through	through	ADP
ftr-471	308	14	increased	increase	VERB
ftr-471	308	15	depreciation	depreciation	NOUN
ftr-471	308	16	deductions	deduction	NOUN
ftr-471	308	17	.	.	PUNCT
ftr-471	309	1	this	this	DET
ftr-471	309	2	basis	basis	NOUN
ftr-471	309	3	-	-	PUNCT
ftr-471	309	4	shifting	shift	VERB
ftr-471	309	5	technique	technique	NOUN
ftr-471	309	6	is	be	AUX
ftr-471	309	7	feasible	feasible	ADJ
ftr-471	309	8	because	because	SCONJ
ftr-471	309	9	unrecaptured	unrecaptured	ADJ
ftr-471	309	10	section	section	NOUN
ftr-471	309	11	1250	1250	NUM
ftr-471	309	12	gain	gain	NOUN
ftr-471	309	13	is	be	AUX
ftr-471	309	14	not	not	PART
ftr-471	309	15	treated	treat	VERB
ftr-471	309	16	as	as	ADP
ftr-471	309	17	a	a	DET
ftr-471	309	18	separate	separate	ADJ
ftr-471	309	19	noncapital	noncapital	ADJ
ftr-471	309	20	asset	asset	NOUN
ftr-471	309	21	for	for	ADP
ftr-471	309	22	purposes	purpose	NOUN
ftr-471	309	23	of	of	ADP
ftr-471	309	24	section	section	NOUN
ftr-471	309	25	751	751	NUM
ftr-471	309	26	or	or	CCONJ
ftr-471	309	27	the	the	DET
ftr-471	309	28	basis	basis	NOUN
ftr-471	309	29	segregation	segregation	NOUN
ftr-471	309	30	rules	rule	NOUN
ftr-471	309	31	of	of	ADP
ftr-471	309	32	section	section	NOUN
ftr-471	309	33	755.7i	755.7i	NUM
ftr-471	309	34	by	by	ADP
ftr-471	309	35	contrast	contrast	NOUN
ftr-471	309	36	,	,	PUNCT
ftr-471	309	37	if	if	SCONJ
ftr-471	309	38	the	the	DET
ftr-471	309	39	partnership	partnership	NOUN
ftr-471	309	40	owned	own	VERB
ftr-471	309	41	section	section	NOUN
ftr-471	309	42	1245	1245	NUM
ftr-471	309	43	property	property	NOUN
ftr-471	309	44	,	,	PUNCT
ftr-471	309	45	the	the	DET
ftr-471	309	46	cash	cash	NOUN
ftr-471	309	47	distribution	distribution	NOUN
ftr-471	309	48	would	would	AUX
ftr-471	309	49	trigger	trigger	VERB
ftr-471	309	50	recognition	recognition	NOUN
ftr-471	309	51	of	of	ADP
ftr-471	309	52	hot	hot	ADJ
ftr-471	309	53	asset	asset	NOUN
ftr-471	309	54	gain	gain	NOUN
ftr-471	309	55	equal	equal	ADJ
ftr-471	309	56	to	to	ADP
ftr-471	309	57	the	the	DET
ftr-471	309	58	reduction	reduction	NOUN
ftr-471	309	59	in	in	ADP
ftr-471	309	60	the	the	DET
ftr-471	309	61	distributee	distributee	NOUN
ftr-471	309	62	's	's	PART
ftr-471	309	63	share	share	NOUN
ftr-471	309	64	of	of	ADP
ftr-471	309	65	section	section	NOUN
ftr-471	309	66	1245	1245	NUM
ftr-471	309	67	recapture.72	recapture.72	NOUN
ftr-471	309	68	although	although	SCONJ
ftr-471	309	69	section	section	NOUN
ftr-471	309	70	755	755	NUM
ftr-471	309	71	generally	generally	ADV
ftr-471	309	72	prevents	prevent	VERB
ftr-471	309	73	outright	outright	ADJ
ftr-471	309	74	shifts	shift	NOUN
ftr-471	309	75	of	of	ADP
ftr-471	309	76	basis	basis	NOUN
ftr-471	309	77	between	between	ADP
ftr-471	309	78	capital	capital	NOUN
ftr-471	309	79	gain	gain	NOUN
ftr-471	309	80	assets	asset	NOUN
ftr-471	309	81	and	and	CCONJ
ftr-471	309	82	ordinary	ordinary	ADJ
ftr-471	309	83	income	income	NOUN
ftr-471	309	84	assets	asset	NOUN
ftr-471	309	85	,	,	PUNCT
ftr-471	309	86	it	it	PRON
ftr-471	309	87	is	be	AUX
ftr-471	309	88	fair	fair	ADJ
ftr-471	309	89	to	to	PART
ftr-471	309	90	describe	describe	VERB
ftr-471	309	91	the	the	DET
ftr-471	309	92	basis	basis	NOUN
ftr-471	309	93	allocation	allocation	NOUN
ftr-471	309	94	rules	rule	NOUN
ftr-471	309	95	as	as	ADP
ftr-471	309	96	"	"	PUNCT
ftr-471	309	97	complex	complex	ADJ
ftr-471	309	98	and	and	CCONJ
ftr-471	309	99	not	not	PART
ftr-471	309	100	wholly	wholly	ADV
ftr-471	309	101	rational	rational	ADJ
ftr-471	309	102	.	.	PUNCT
ftr-471	310	1	"	"	PUNCT
ftr-471	310	2	'	'	PUNCT
ftr-471	310	3	one	one	NUM
ftr-471	310	4	69	69	NUM
ftr-471	310	5	.	.	PUNCT
ftr-471	311	1	see	see	VERB
ftr-471	311	2	i	i	PRON
ftr-471	311	3	d.	d.	PROPN
ftr-471	311	4	at	at	ADP
ftr-471	311	5	35	35	NUM
ftr-471	311	6	-	-	SYM
ftr-471	311	7	37	37	NUM
ftr-471	311	8	.	.	PUNCT
ftr-471	312	1	in	in	ADP
ftr-471	312	2	certain	certain	ADJ
ftr-471	312	3	limited	limited	ADJ
ftr-471	312	4	circumstances	circumstance	NOUN
ftr-471	312	5	,	,	PUNCT
ftr-471	312	6	the	the	DET
ftr-471	312	7	regulations	regulation	NOUN
ftr-471	312	8	under	under	ADP
ftr-471	312	9	§	§	PROPN
ftr-471	312	10	732(d	732(d	PROPN
ftr-471	312	11	)	)	PUNCT
ftr-471	312	12	may	may	AUX
ftr-471	312	13	prevent	prevent	VERB
ftr-471	312	14	shifting	shift	VERB
ftr-471	312	15	of	of	ADP
ftr-471	312	16	basis	basis	NOUN
ftr-471	312	17	from	from	ADP
ftr-471	312	18	nondepreciable	nondepreciable	ADJ
ftr-471	312	19	property	property	NOUN
ftr-471	312	20	to	to	PART
ftr-471	312	21	depreciable	depreciable	VERB
ftr-471	312	22	property	property	NOUN
ftr-471	312	23	.	.	PUNCT
ftr-471	313	1	see	see	VERB
ftr-471	313	2	irc	irc	PROPN
ftr-471	313	3	§	§	PROPN
ftr-471	313	4	732(d	732(d	PROPN
ftr-471	313	5	)	)	PUNCT
ftr-471	313	6	;	;	PUNCT
ftr-471	313	7	regs	reg	NOUN
ftr-471	313	8	.	.	PUNCT
ftr-471	314	1	§	§	PROPN
ftr-471	314	2	1.732	1.732	NUM
ftr-471	314	3	-	-	SYM
ftr-471	314	4	1(d)(4	1(d)(4	NUM
ftr-471	314	5	)	)	PUNCT
ftr-471	314	6	.	.	PUNCT
ftr-471	315	1	these	these	DET
ftr-471	315	2	rules	rule	NOUN
ftr-471	315	3	apply	apply	VERB
ftr-471	315	4	,	,	PUNCT
ftr-471	315	5	however	however	ADV
ftr-471	315	6	,	,	PUNCT
ftr-471	315	7	only	only	ADV
ftr-471	315	8	to	to	ADP
ftr-471	315	9	distributions	distribution	NOUN
ftr-471	315	10	occurring	occur	VERB
ftr-471	315	11	after	after	ADP
ftr-471	315	12	the	the	DET
ftr-471	315	13	purchase	purchase	NOUN
ftr-471	315	14	or	or	CCONJ
ftr-471	315	15	inheritance	inheritance	NOUN
ftr-471	315	16	of	of	ADP
ftr-471	315	17	a	a	DET
ftr-471	315	18	partnership	partnership	NOUN
ftr-471	315	19	interest	interest	NOUN
ftr-471	315	20	.	.	PUNCT
ftr-471	316	1	see	see	VERB
ftr-471	316	2	supra	supra	PROPN
ftr-471	316	3	.	.	PUNCT
ftr-471	317	1	70	70	NUM
ftr-471	317	2	.	.	X
ftr-471	318	1	see	see	PROPN
ftr-471	318	2	andrews	andrews	PROPN
ftr-471	318	3	,	,	PUNCT
ftr-471	318	4	supra	supra	PROPN
ftr-471	318	5	note	note	PROPN
ftr-471	318	6	12	12	NUM
ftr-471	318	7	,	,	PUNCT
ftr-471	318	8	at	at	ADP
ftr-471	318	9	36	36	NUM
ftr-471	318	10	.	.	PUNCT
ftr-471	319	1	section	section	PROPN
ftr-471	319	2	732(c	732(c	PROPN
ftr-471	319	3	)	)	PUNCT
ftr-471	319	4	affords	afford	VERB
ftr-471	319	5	similar	similar	ADJ
ftr-471	319	6	potential	potential	NOUN
ftr-471	319	7	for	for	ADP
ftr-471	319	8	shifting	shift	VERB
ftr-471	319	9	basis	basis	NOUN
ftr-471	319	10	from	from	ADP
ftr-471	319	11	capital	capital	NOUN
ftr-471	319	12	assets	asset	NOUN
ftr-471	319	13	to	to	PART
ftr-471	319	14	depreciable	depreciable	VERB
ftr-471	319	15	property	property	NOUN
ftr-471	319	16	in	in	ADP
ftr-471	319	17	connection	connection	NOUN
ftr-471	319	18	with	with	ADP
ftr-471	319	19	a	a	DET
ftr-471	319	20	partnership	partnership	NOUN
ftr-471	319	21	distribution	distribution	NOUN
ftr-471	319	22	.	.	PUNCT
ftr-471	320	1	see	see	VERB
ftr-471	320	2	irc	irc	PROPN
ftr-471	320	3	§	§	PROPN
ftr-471	320	4	732(c	732(c	PROPN
ftr-471	320	5	)	)	PUNCT
ftr-471	320	6	(	(	PUNCT
ftr-471	320	7	allocating	allocate	VERB
ftr-471	320	8	basis	basis	NOUN
ftr-471	320	9	among	among	ADP
ftr-471	320	10	distributed	distribute	VERB
ftr-471	320	11	assets	asset	NOUN
ftr-471	320	12	in	in	ADP
ftr-471	320	13	accordance	accordance	NOUN
ftr-471	320	14	with	with	ADP
ftr-471	320	15	fair	fair	ADJ
ftr-471	320	16	market	market	NOUN
ftr-471	320	17	value	value	NOUN
ftr-471	320	18	rather	rather	ADV
ftr-471	320	19	than	than	ADP
ftr-471	320	20	relative	relative	ADJ
ftr-471	320	21	bases	basis	NOUN
ftr-471	320	22	)	)	PUNCT
ftr-471	320	23	;	;	PUNCT
ftr-471	321	1	prop	prop	NOUN
ftr-471	321	2	.	.	PUNCT
ftr-471	321	3	regs	regs	PROPN
ftr-471	321	4	.	.	PUNCT
ftr-471	322	1	§	§	PROPN
ftr-471	322	2	1.732	1.732	NUM
ftr-471	322	3	-	-	SYM
ftr-471	322	4	1(c	1(c	NUM
ftr-471	322	5	)	)	PUNCT
ftr-471	322	6	.	.	PUNCT
ftr-471	323	1	the	the	DET
ftr-471	323	2	1997	1997	NUM
ftr-471	323	3	act	act	NOUN
ftr-471	323	4	changes	change	NOUN
ftr-471	323	5	to	to	ADP
ftr-471	323	6	§	§	PROPN
ftr-471	323	7	732(c	732(c	PROPN
ftr-471	323	8	)	)	PUNCT
ftr-471	323	9	may	may	AUX
ftr-471	323	10	lessen	lessen	VERB
ftr-471	323	11	the	the	DET
ftr-471	323	12	need	need	NOUN
ftr-471	323	13	for	for	ADP
ftr-471	323	14	mandatory	mandatory	ADJ
ftr-471	323	15	§	§	PROPN
ftr-471	323	16	732(d	732(d	PROPN
ftr-471	323	17	)	)	PUNCT
ftr-471	323	18	basis	basis	NOUN
ftr-471	323	19	allocations	allocation	NOUN
ftr-471	323	20	.	.	PUNCT
ftr-471	324	1	71	71	NUM
ftr-471	324	2	.	.	PUNCT
ftr-471	325	1	assuming	assume	VERB
ftr-471	325	2	that	that	SCONJ
ftr-471	325	3	the	the	DET
ftr-471	325	4	real	real	ADJ
ftr-471	325	5	property	property	NOUN
ftr-471	325	6	has	have	AUX
ftr-471	325	7	been	be	AUX
ftr-471	325	8	depreciated	depreciate	VERB
ftr-471	325	9	under	under	ADP
ftr-471	325	10	the	the	DET
ftr-471	325	11	straight	straight	ADJ
ftr-471	325	12	-	-	PUNCT
ftr-471	325	13	line	line	NOUN
ftr-471	325	14	method	method	NOUN
ftr-471	325	15	,	,	PUNCT
ftr-471	325	16	the	the	DET
ftr-471	325	17	recapture	recapture	NOUN
ftr-471	325	18	provisions	provision	NOUN
ftr-471	325	19	will	will	AUX
ftr-471	325	20	be	be	AUX
ftr-471	325	21	inapplicable	inapplicable	ADJ
ftr-471	325	22	.	.	PUNCT
ftr-471	326	1	see	see	VERB
ftr-471	326	2	irc	irc	PROPN
ftr-471	326	3	§	§	PROPN
ftr-471	326	4	§	§	PROPN
ftr-471	326	5	168(b)(3	168(b)(3	NUM
ftr-471	326	6	)	)	PUNCT
ftr-471	326	7	(	(	PUNCT
ftr-471	326	8	denying	deny	VERB
ftr-471	326	9	accelerated	accelerated	ADJ
ftr-471	326	10	depreciation	depreciation	NOUN
ftr-471	326	11	for	for	ADP
ftr-471	326	12	residential	residential	ADJ
ftr-471	326	13	and	and	CCONJ
ftr-471	326	14	nonresidential	nonresidential	ADJ
ftr-471	326	15	real	real	ADJ
ftr-471	326	16	property	property	NOUN
ftr-471	326	17	)	)	PUNCT
ftr-471	326	18	,	,	PUNCT
ftr-471	326	19	1250(a)(1	1250(a)(1	NUM
ftr-471	326	20	)	)	PUNCT
ftr-471	326	21	(	(	PUNCT
ftr-471	326	22	generally	generally	ADV
ftr-471	326	23	limiting	limit	VERB
ftr-471	326	24	depreciation	depreciation	NOUN
ftr-471	326	25	recapture	recapture	NOUN
ftr-471	326	26	to	to	ADP
ftr-471	326	27	the	the	DET
ftr-471	326	28	excess	excess	NOUN
ftr-471	326	29	of	of	ADP
ftr-471	326	30	accelerated	accelerate	VERB
ftr-471	326	31	over	over	ADP
ftr-471	326	32	straight	straight	ADJ
ftr-471	326	33	-	-	PUNCT
ftr-471	326	34	line	line	NOUN
ftr-471	326	35	depreciation	depreciation	NOUN
ftr-471	326	36	)	)	PUNCT
ftr-471	326	37	.	.	PUNCT
ftr-471	327	1	the	the	DET
ftr-471	327	2	1997	1997	NUM
ftr-471	327	3	act	act	NOUN
ftr-471	327	4	created	create	VERB
ftr-471	327	5	a	a	DET
ftr-471	327	6	special	special	ADJ
ftr-471	327	7	statutory	statutory	ADJ
ftr-471	327	8	rate	rate	NOUN
ftr-471	327	9	of	of	ADP
ftr-471	327	10	tax	tax	NOUN
ftr-471	327	11	on	on	ADP
ftr-471	327	12	so	so	ADV
ftr-471	327	13	-	-	PUNCT
ftr-471	327	14	called	call	VERB
ftr-471	327	15	"	"	PUNCT
ftr-471	327	16	unrecaptured	unrecaptured	ADJ
ftr-471	327	17	§	§	PROPN
ftr-471	327	18	1250	1250	NUM
ftr-471	327	19	gain	gain	NOUN
ftr-471	327	20	.	.	PUNCT
ftr-471	327	21	"	"	PUNCT
ftr-471	328	1	see	see	VERB
ftr-471	328	2	irc	irc	PROPN
ftr-471	328	3	§	§	PROPN
ftr-471	328	4	1(h)(6	1(h)(6	NUM
ftr-471	328	5	)	)	PUNCT
ftr-471	328	6	;	;	PUNCT
ftr-471	328	7	see	see	VERB
ftr-471	328	8	also	also	ADV
ftr-471	328	9	infra	infra	NOUN
ftr-471	328	10	note	note	VERB
ftr-471	328	11	225	225	NUM
ftr-471	328	12	and	and	CCONJ
ftr-471	328	13	accompanying	accompany	VERB
ftr-471	328	14	text	text	NOUN
ftr-471	328	15	.	.	PUNCT
ftr-471	329	1	72	72	NUM
ftr-471	329	2	.	.	PUNCT
ftr-471	329	3	section	section	NOUN
ftr-471	329	4	751(c	751(c	PROPN
ftr-471	329	5	)	)	PUNCT
ftr-471	329	6	bifurcates	bifurcate	NOUN
ftr-471	329	7	depreciable	depreciable	ADJ
ftr-471	329	8	property	property	NOUN
ftr-471	329	9	subject	subject	NOUN
ftr-471	329	10	to	to	ADP
ftr-471	329	11	recapture	recapture	VERB
ftr-471	329	12	into	into	ADP
ftr-471	329	13	(	(	PUNCT
ftr-471	329	14	1	1	X
ftr-471	329	15	)	)	PUNCT
ftr-471	329	16	a	a	DET
ftr-471	329	17	§	§	PROPN
ftr-471	329	18	751(c	751(c	PROPN
ftr-471	329	19	)	)	PUNCT
ftr-471	329	20	unrealized	unrealized	ADJ
ftr-471	329	21	receivable	receivable	NOUN
ftr-471	329	22	with	with	ADP
ftr-471	329	23	a	a	DET
ftr-471	329	24	zero	zero	NUM
ftr-471	329	25	basis	basis	NOUN
ftr-471	329	26	and	and	CCONJ
ftr-471	329	27	a	a	DET
ftr-471	329	28	fair	fair	ADJ
ftr-471	329	29	market	market	NOUN
ftr-471	329	30	value	value	NOUN
ftr-471	329	31	equal	equal	ADJ
ftr-471	329	32	to	to	ADP
ftr-471	329	33	the	the	DET
ftr-471	329	34	potential	potential	ADJ
ftr-471	329	35	recapture	recapture	NOUN
ftr-471	329	36	and	and	CCONJ
ftr-471	329	37	(	(	PUNCT
ftr-471	329	38	2	2	X
ftr-471	329	39	)	)	PUNCT
ftr-471	329	40	the	the	DET
ftr-471	329	41	rest	rest	NOUN
ftr-471	329	42	of	of	ADP
ftr-471	329	43	the	the	DET
ftr-471	329	44	property	property	NOUN
ftr-471	329	45	.	.	PUNCT
ftr-471	330	1	see	see	VERB
ftr-471	330	2	regs	reg	NOUN
ftr-471	330	3	.	.	PUNCT
ftr-471	331	1	§	§	PROPN
ftr-471	331	2	1.751	1.751	NUM
ftr-471	331	3	-	-	SYM
ftr-471	331	4	1(c)(5	1(c)(5	NUM
ftr-471	331	5	)	)	PUNCT
ftr-471	331	6	and	and	CCONJ
ftr-471	331	7	mckee	mckee	PROPN
ftr-471	331	8	et	et	PROPN
ftr-471	331	9	al	al	PROPN
ftr-471	331	10	.	.	PROPN
ftr-471	331	11	,	,	PUNCT
ftr-471	331	12	supra	supra	PROPN
ftr-471	331	13	note	note	PROPN
ftr-471	331	14	19	19	NUM
ftr-471	331	15	,	,	PUNCT
ftr-471	331	16	21.05[1	21.05[1	NUM
ftr-471	331	17	]	]	PUNCT
ftr-471	331	18	,	,	PUNCT
ftr-471	331	19	at	at	ADP
ftr-471	331	20	21	21	NUM
ftr-471	331	21	-	-	SYM
ftr-471	331	22	45	45	NUM
ftr-471	331	23	to	to	PART
ftr-471	331	24	21	21	NUM
ftr-471	331	25	-	-	SYM
ftr-471	331	26	46	46	NUM
ftr-471	331	27	;	;	PUNCT
ftr-471	331	28	see	see	VERB
ftr-471	331	29	also	also	ADV
ftr-471	331	30	regs	reg	VERB
ftr-471	331	31	.	.	PUNCT
ftr-471	332	1	§	§	PROPN
ftr-471	332	2	1.1245	1.1245	NUM
ftr-471	332	3	-	-	SYM
ftr-471	332	4	1(e)(2	1(e)(2	NUM
ftr-471	332	5	)	)	PUNCT
ftr-471	332	6	(	(	PUNCT
ftr-471	332	7	allocations	allocation	NOUN
ftr-471	332	8	of	of	ADP
ftr-471	332	9	depreciation	depreciation	NOUN
ftr-471	332	10	recapture	recapture	NOUN
ftr-471	332	11	)	)	PUNCT
ftr-471	332	12	.	.	PUNCT
ftr-471	333	1	73	73	NUM
ftr-471	333	2	.	.	PUNCT
ftr-471	334	1	see	see	VERB
ftr-471	334	2	eustice	eustice	NOUN
ftr-471	334	3	,	,	PUNCT
ftr-471	334	4	supra	supra	PROPN
ftr-471	334	5	note	note	NOUN
ftr-471	334	6	10	10	NUM
ftr-471	334	7	,	,	PUNCT
ftr-471	334	8	at	at	ADP
ftr-471	334	9	386	386	NUM
ftr-471	334	10	n.206	n.206	NOUN
ftr-471	334	11	.	.	PUNCT
ftr-471	335	1	19981	19981	NUM
ftr-471	335	2	florida	florida	PROPN
ftr-471	335	3	tax	tax	NOUN
ftr-471	335	4	review	review	NOUN
ftr-471	335	5	commentator	commentator	NOUN
ftr-471	335	6	has	have	AUX
ftr-471	335	7	suggested	suggest	VERB
ftr-471	335	8	that	that	SCONJ
ftr-471	335	9	repeal	repeal	NOUN
ftr-471	335	10	of	of	ADP
ftr-471	335	11	the	the	DET
ftr-471	335	12	optional	optional	ADJ
ftr-471	335	13	basis	basis	NOUN
ftr-471	335	14	adjustment	adjustment	NOUN
ftr-471	335	15	provisions	provision	NOUN
ftr-471	335	16	would	would	AUX
ftr-471	335	17	permit	permit	VERB
ftr-471	335	18	repeal	repeal	NOUN
ftr-471	335	19	of	of	ADP
ftr-471	335	20	section	section	NOUN
ftr-471	335	21	751(a	751(a	NUM
ftr-471	335	22	)	)	PUNCT
ftr-471	335	23	and	and	CCONJ
ftr-471	335	24	(	(	PUNCT
ftr-471	335	25	b).7	b).7	PROPN
ftr-471	335	26	4	4	NUM
ftr-471	335	27	while	while	SCONJ
ftr-471	335	28	eliminating	eliminate	VERB
ftr-471	335	29	section	section	NOUN
ftr-471	335	30	734(b	734(b	NOUN
ftr-471	335	31	)	)	PUNCT
ftr-471	335	32	would	would	AUX
ftr-471	335	33	move	move	VERB
ftr-471	335	34	subchapter	subchapter	NOUN
ftr-471	335	35	k	k	ADV
ftr-471	335	36	closer	close	ADV
ftr-471	335	37	to	to	ADP
ftr-471	335	38	an	an	DET
ftr-471	335	39	entity	entity	NOUN
ftr-471	335	40	model	model	NOUN
ftr-471	335	41	,	,	PUNCT
ftr-471	335	42	the	the	DET
ftr-471	335	43	basis	basis	NOUN
ftr-471	335	44	adjustment	adjustment	NOUN
ftr-471	335	45	provisions	provision	NOUN
ftr-471	335	46	serve	serve	VERB
ftr-471	335	47	an	an	DET
ftr-471	335	48	important	important	ADJ
ftr-471	335	49	function	function	NOUN
ftr-471	335	50	,	,	PUNCT
ftr-471	335	51	under	under	ADP
ftr-471	335	52	an	an	DET
ftr-471	335	53	aggregate	aggregate	ADJ
ftr-471	335	54	model	model	NOUN
ftr-471	335	55	,	,	PUNCT
ftr-471	335	56	in	in	ADP
ftr-471	335	57	preserving	preserve	VERB
ftr-471	335	58	unrealized	unrealized	ADJ
ftr-471	335	59	gain	gain	NOUN
ftr-471	335	60	or	or	CCONJ
ftr-471	335	61	loss	loss	NOUN
ftr-471	335	62	for	for	ADP
ftr-471	335	63	later	later	ADJ
ftr-471	335	64	taxation	taxation	NOUN
ftr-471	335	65	.	.	PUNCT
ftr-471	336	1	the	the	DET
ftr-471	336	2	existing	exist	VERB
ftr-471	336	3	optional	optional	ADJ
ftr-471	336	4	basis	basis	NOUN
ftr-471	336	5	adjustment	adjustment	NOUN
ftr-471	336	6	rules	rule	NOUN
ftr-471	336	7	are	be	AUX
ftr-471	336	8	defective	defective	ADJ
ftr-471	336	9	,	,	PUNCT
ftr-471	336	10	however	however	ADV
ftr-471	336	11	,	,	PUNCT
ftr-471	336	12	because	because	SCONJ
ftr-471	336	13	a	a	DET
ftr-471	336	14	partnership	partnership	NOUN
ftr-471	336	15	generally	generally	ADV
ftr-471	336	16	makes	make	VERB
ftr-471	336	17	such	such	ADJ
ftr-471	336	18	adjustments	adjustment	NOUN
ftr-471	336	19	only	only	ADV
ftr-471	336	20	when	when	SCONJ
ftr-471	336	21	they	they	PRON
ftr-471	336	22	are	be	AUX
ftr-471	336	23	beneficial	beneficial	ADJ
ftr-471	336	24	.	.	PUNCT
ftr-471	337	1	of	of	ADP
ftr-471	337	2	course	course	NOUN
ftr-471	337	3	,	,	PUNCT
ftr-471	337	4	once	once	ADV
ftr-471	337	5	a	a	DET
ftr-471	337	6	section	section	NOUN
ftr-471	337	7	754	754	NUM
ftr-471	337	8	election	election	NOUN
ftr-471	337	9	is	be	AUX
ftr-471	337	10	in	in	ADP
ftr-471	337	11	effect	effect	NOUN
ftr-471	337	12	,	,	PUNCT
ftr-471	337	13	the	the	DET
ftr-471	337	14	partnership	partnership	NOUN
ftr-471	337	15	will	will	AUX
ftr-471	337	16	generally	generally	ADV
ftr-471	337	17	be	be	AUX
ftr-471	337	18	required	require	VERB
ftr-471	337	19	to	to	PART
ftr-471	337	20	make	make	VERB
ftr-471	337	21	section	section	NOUN
ftr-471	337	22	734(b	734(b	PROPN
ftr-471	337	23	)	)	PUNCT
ftr-471	337	24	and	and	CCONJ
ftr-471	337	25	section	section	NOUN
ftr-471	337	26	743(b	743(b	PROPN
ftr-471	337	27	)	)	PUNCT
ftr-471	337	28	adjustments	adjustment	NOUN
ftr-471	337	29	,	,	PUNCT
ftr-471	337	30	even	even	ADV
ftr-471	337	31	if	if	SCONJ
ftr-471	337	32	such	such	ADJ
ftr-471	337	33	adjustments	adjustment	NOUN
ftr-471	337	34	are	be	AUX
ftr-471	337	35	detrimental	detrimental	ADJ
ftr-471	337	36	.	.	PUNCT
ftr-471	338	1	although	although	SCONJ
ftr-471	338	2	congress	congress	PROPN
ftr-471	338	3	clearly	clearly	ADV
ftr-471	338	4	recognized	recognize	VERB
ftr-471	338	5	that	that	DET
ftr-471	338	6	failure	failure	NOUN
ftr-471	338	7	to	to	PART
ftr-471	338	8	make	make	VERB
ftr-471	338	9	basis	basis	NOUN
ftr-471	338	10	adjustments	adjustment	NOUN
ftr-471	338	11	could	could	AUX
ftr-471	338	12	give	give	VERB
ftr-471	338	13	rise	rise	NOUN
ftr-471	338	14	to	to	ADP
ftr-471	338	15	distortions	distortion	NOUN
ftr-471	338	16	,	,	PUNCT
ftr-471	338	17	the	the	DET
ftr-471	338	18	elective	elective	ADJ
ftr-471	338	19	system	system	NOUN
ftr-471	338	20	was	be	AUX
ftr-471	338	21	intended	intend	VERB
ftr-471	338	22	to	to	PART
ftr-471	338	23	provide	provide	VERB
ftr-471	338	24	administrative	administrative	ADJ
ftr-471	338	25	simplicity	simplicity	NOUN
ftr-471	338	26	.	.	PUNCT
ftr-471	338	27	"	"	PUNCT
ftr-471	339	1	several	several	ADJ
ftr-471	339	2	commentators	commentator	NOUN
ftr-471	339	3	have	have	AUX
ftr-471	339	4	suggested	suggest	VERB
ftr-471	339	5	that	that	SCONJ
ftr-471	339	6	section	section	NOUN
ftr-471	339	7	734(b	734(b	NOUN
ftr-471	339	8	)	)	PUNCT
ftr-471	339	9	adjustments	adjustment	NOUN
ftr-471	339	10	be	be	AUX
ftr-471	339	11	mandatory	mandatory	ADJ
ftr-471	339	12	rather	rather	ADV
ftr-471	339	13	than	than	ADP
ftr-471	339	14	elective	elective	ADJ
ftr-471	339	15	,	,	PUNCT
ftr-471	339	16	in	in	ADP
ftr-471	339	17	order	order	NOUN
ftr-471	339	18	to	to	PART
ftr-471	339	19	eliminate	eliminate	VERB
ftr-471	339	20	the	the	DET
ftr-471	339	21	current	current	ADJ
ftr-471	339	22	bias	bias	NOUN
ftr-471	339	23	in	in	ADP
ftr-471	339	24	favor	favor	NOUN
ftr-471	339	25	of	of	ADP
ftr-471	339	26	taxpayers.76	taxpayers.76	NOUN
ftr-471	339	27	in	in	ADP
ftr-471	339	28	connection	connection	NOUN
ftr-471	339	29	with	with	ADP
ftr-471	339	30	mandatory	mandatory	ADJ
ftr-471	339	31	section	section	NOUN
ftr-471	339	32	734(b	734(b	PROPN
ftr-471	339	33	)	)	PUNCT
ftr-471	339	34	adjustments	adjustment	NOUN
ftr-471	339	35	,	,	PUNCT
ftr-471	339	36	it	it	PRON
ftr-471	339	37	would	would	AUX
ftr-471	339	38	also	also	ADV
ftr-471	339	39	be	be	AUX
ftr-471	339	40	desirable	desirable	ADJ
ftr-471	339	41	to	to	PART
ftr-471	339	42	amend	amend	VERB
ftr-471	339	43	section	section	NOUN
ftr-471	339	44	755	755	NUM
ftr-471	339	45	to	to	PART
ftr-471	339	46	prevent	prevent	VERB
ftr-471	339	47	shifting	shift	VERB
ftr-471	339	48	of	of	ADP
ftr-471	339	49	basis	basis	NOUN
ftr-471	339	50	from	from	ADP
ftr-471	339	51	nondepreciable	nondepreciable	ADJ
ftr-471	339	52	to	to	ADP
ftr-471	339	53	depreciable	depreciable	ADJ
ftr-471	339	54	property.77	property.77	ADJ
ftr-471	339	55	c.	c.	NOUN
ftr-471	339	56	1982	1982	NUM
ftr-471	339	57	all	all	DET
ftr-471	339	58	proposals	proposal	NOUN
ftr-471	339	59	:	:	PUNCT
ftr-471	339	60	full	full	ADJ
ftr-471	339	61	fragmentation	fragmentation	NOUN
ftr-471	339	62	in	in	ADP
ftr-471	339	63	its	its	PRON
ftr-471	339	64	1982	1982	NUM
ftr-471	339	65	study	study	NOUN
ftr-471	339	66	,	,	PUNCT
ftr-471	339	67	the	the	DET
ftr-471	339	68	ali	ali	PROPN
ftr-471	339	69	urged	urge	VERB
ftr-471	339	70	repeal	repeal	NOUN
ftr-471	339	71	of	of	ADP
ftr-471	339	72	section	section	NOUN
ftr-471	339	73	751(b	751(b	PROPN
ftr-471	339	74	)	)	PUNCT
ftr-471	339	75	on	on	ADP
ftr-471	339	76	the	the	DET
ftr-471	339	77	ground	ground	NOUN
ftr-471	339	78	that	that	SCONJ
ftr-471	339	79	it	it	PRON
ftr-471	339	80	"	"	PUNCT
ftr-471	339	81	is	be	AUX
ftr-471	339	82	extraordinarily	extraordinarily	ADV
ftr-471	339	83	complex	complex	ADJ
ftr-471	339	84	"	"	PUNCT
ftr-471	339	85	and	and	CCONJ
ftr-471	339	86	"	"	PUNCT
ftr-471	339	87	produces	produce	VERB
ftr-471	339	88	too	too	ADV
ftr-471	339	89	harsh	harsh	ADJ
ftr-471	339	90	a	a	DET
ftr-471	339	91	result	result	NOUN
ftr-471	339	92	for	for	ADP
ftr-471	339	93	the	the	DET
ftr-471	339	94	policy	policy	NOUN
ftr-471	339	95	it	it	PRON
ftr-471	339	96	is	be	AUX
ftr-471	339	97	intended	intend	VERB
ftr-471	339	98	to	to	PART
ftr-471	339	99	enforce	enforce	VERB
ftr-471	339	100	.	.	PUNCT
ftr-471	340	1	"78	"78	PUNCT
ftr-471	341	1	the	the	DET
ftr-471	341	2	ali	ali	PROPN
ftr-471	341	3	argued	argue	VERB
ftr-471	341	4	that	that	SCONJ
ftr-471	341	5	a	a	DET
ftr-471	341	6	"	"	PUNCT
ftr-471	341	7	fullfragmentation	fullfragmentation	NOUN
ftr-471	341	8	approach	approach	NOUN
ftr-471	341	9	"	"	PUNCT
ftr-471	341	10	would	would	AUX
ftr-471	341	11	be	be	AUX
ftr-471	341	12	"	"	PUNCT
ftr-471	341	13	easier	easy	ADJ
ftr-471	341	14	to	to	PART
ftr-471	341	15	understand	understand	VERB
ftr-471	341	16	than	than	ADP
ftr-471	341	17	"	"	PUNCT
ftr-471	341	18	existing	exist	VERB
ftr-471	341	19	section	section	NOUN
ftr-471	341	20	751	751	NUM
ftr-471	341	21	and	and	CCONJ
ftr-471	341	22	thus	thus	ADV
ftr-471	341	23	more	more	ADV
ftr-471	341	24	likely	likely	ADJ
ftr-471	341	25	to	to	PART
ftr-471	341	26	be	be	AUX
ftr-471	341	27	observed	observe	VERB
ftr-471	341	28	in	in	ADP
ftr-471	341	29	practice.79	practice.79	NOUN
ftr-471	341	30	under	under	ADP
ftr-471	341	31	the	the	DET
ftr-471	341	32	full	full	ADJ
ftr-471	341	33	-	-	PUNCT
ftr-471	341	34	fragmentation	fragmentation	NOUN
ftr-471	341	35	approach	approach	NOUN
ftr-471	341	36	,	,	PUNCT
ftr-471	341	37	the	the	DET
ftr-471	341	38	character	character	NOUN
ftr-471	341	39	of	of	ADP
ftr-471	341	40	the	the	DET
ftr-471	341	41	transferor	transferor	NOUN
ftr-471	341	42	(	(	PUNCT
ftr-471	341	43	distributee	distributee	NOUN
ftr-471	341	44	)	)	PUNCT
ftr-471	341	45	partner	partner	NOUN
ftr-471	341	46	's	's	PART
ftr-471	341	47	gain	gain	NOUN
ftr-471	341	48	or	or	CCONJ
ftr-471	341	49	loss	loss	NOUN
ftr-471	341	50	would	would	AUX
ftr-471	341	51	be	be	AUX
ftr-471	341	52	determined	determine	VERB
ftr-471	341	53	as	as	SCONJ
ftr-471	341	54	if	if	SCONJ
ftr-471	341	55	she	she	PRON
ftr-471	341	56	had	have	AUX
ftr-471	341	57	disposed	dispose	VERB
ftr-471	341	58	of	of	ADP
ftr-471	341	59	her	her	PRON
ftr-471	341	60	share	share	NOUN
ftr-471	341	61	74	74	NUM
ftr-471	341	62	.	.	PUNCT
ftr-471	342	1	see	see	VERB
ftr-471	342	2	e.	e.	PROPN
ftr-471	342	3	george	george	PROPN
ftr-471	342	4	rudolph	rudolph	PROPN
ftr-471	342	5	,	,	PUNCT
ftr-471	342	6	collapsible	collapsible	ADJ
ftr-471	342	7	partnerships	partnership	NOUN
ftr-471	342	8	and	and	CCONJ
ftr-471	342	9	optional	optional	ADJ
ftr-471	342	10	basis	basis	NOUN
ftr-471	342	11	adjustments	adjustment	NOUN
ftr-471	342	12	,	,	PUNCT
ftr-471	342	13	28	28	NUM
ftr-471	342	14	tax	tax	NOUN
ftr-471	342	15	l.	l.	PROPN
ftr-471	342	16	rev	rev	PROPN
ftr-471	342	17	.	.	PROPN
ftr-471	342	18	211	211	NUM
ftr-471	342	19	,	,	PUNCT
ftr-471	342	20	222	222	NUM
ftr-471	342	21	(	(	PUNCT
ftr-471	342	22	1973	1973	NUM
ftr-471	342	23	)	)	PUNCT
ftr-471	342	24	.	.	PUNCT
ftr-471	343	1	75	75	NUM
ftr-471	343	2	.	.	PUNCT
ftr-471	344	1	see	see	VERB
ftr-471	344	2	ali	ali	PROPN
ftr-471	344	3	tax	tax	PROPN
ftr-471	344	4	project	project	NOUN
ftr-471	344	5	,	,	PUNCT
ftr-471	344	6	supra	supra	PROPN
ftr-471	344	7	note	note	PROPN
ftr-471	344	8	34	34	NUM
ftr-471	344	9	,	,	PUNCT
ftr-471	344	10	at	at	ADP
ftr-471	344	11	195	195	NUM
ftr-471	344	12	-	-	SYM
ftr-471	344	13	96	96	NUM
ftr-471	344	14	;	;	PUNCT
ftr-471	344	15	see	see	VERB
ftr-471	344	16	also	also	ADV
ftr-471	344	17	regs	reg	VERB
ftr-471	344	18	.	.	PUNCT
ftr-471	345	1	§	§	PROPN
ftr-471	345	2	1.701	1.701	NUM
ftr-471	345	3	-	-	NUM
ftr-471	345	4	2(d	2(d	NUM
ftr-471	345	5	)	)	PUNCT
ftr-471	345	6	ex	ex	NOUN
ftr-471	345	7	.	.	NOUN
ftr-471	345	8	9	9	NUM
ftr-471	345	9	(	(	PUNCT
ftr-471	345	10	failure	failure	NOUN
ftr-471	345	11	to	to	PART
ftr-471	345	12	make	make	VERB
ftr-471	345	13	§	§	NOUN
ftr-471	345	14	754	754	NUM
ftr-471	345	15	election	election	NOUN
ftr-471	345	16	is	be	AUX
ftr-471	345	17	"	"	PUNCT
ftr-471	345	18	consistent	consistent	ADJ
ftr-471	345	19	with	with	ADP
ftr-471	345	20	the	the	DET
ftr-471	345	21	intent	intent	NOUN
ftr-471	345	22	of	of	ADP
ftr-471	345	23	subchapter	subchapter	NOUN
ftr-471	345	24	k	k	NOUN
ftr-471	345	25	"	"	PUNCT
ftr-471	345	26	;	;	PUNCT
ftr-471	345	27	anti	anti	ADJ
ftr-471	345	28	-	-	ADJ
ftr-471	345	29	abuse	abuse	ADJ
ftr-471	345	30	rules	rule	NOUN
ftr-471	345	31	inapplicable	inapplicable	ADJ
ftr-471	345	32	even	even	ADV
ftr-471	345	33	though	though	SCONJ
ftr-471	345	34	"	"	PUNCT
ftr-471	345	35	principal	principal	ADJ
ftr-471	345	36	purpose	purpose	NOUN
ftr-471	345	37	"	"	PUNCT
ftr-471	345	38	for	for	ADP
ftr-471	345	39	selection	selection	NOUN
ftr-471	345	40	of	of	ADP
ftr-471	345	41	distributed	distribute	VERB
ftr-471	345	42	assets	asset	NOUN
ftr-471	345	43	was	be	AUX
ftr-471	345	44	to	to	PART
ftr-471	345	45	achieve	achieve	VERB
ftr-471	345	46	particular	particular	ADJ
ftr-471	345	47	basis	basis	NOUN
ftr-471	345	48	result	result	NOUN
ftr-471	345	49	)	)	PUNCT
ftr-471	345	50	.	.	PUNCT
ftr-471	346	1	76	76	NUM
ftr-471	346	2	.	.	PUNCT
ftr-471	347	1	see	see	VERB
ftr-471	347	2	ali	ali	PROPN
ftr-471	347	3	tax	tax	PROPN
ftr-471	347	4	project	project	NOUN
ftr-471	347	5	,	,	PUNCT
ftr-471	347	6	supra	supra	PROPN
ftr-471	347	7	note	note	PROPN
ftr-471	347	8	34	34	NUM
ftr-471	347	9	,	,	PUNCT
ftr-471	347	10	at	at	ADP
ftr-471	347	11	217	217	NUM
ftr-471	347	12	-	-	SYM
ftr-471	347	13	18	18	NUM
ftr-471	347	14	(	(	PUNCT
ftr-471	347	15	recommending	recommend	VERB
ftr-471	347	16	mandatory	mandatory	ADJ
ftr-471	347	17	§	§	ADJ
ftr-471	347	18	734(b	734(b	PROPN
ftr-471	347	19	)	)	PUNCT
ftr-471	347	20	adjustments	adjustment	NOUN
ftr-471	347	21	only	only	ADV
ftr-471	347	22	in	in	ADP
ftr-471	347	23	the	the	DET
ftr-471	347	24	case	case	NOUN
ftr-471	347	25	of	of	ADP
ftr-471	347	26	a	a	DET
ftr-471	347	27	cash	cash	NOUN
ftr-471	347	28	liquidating	liquidating	NOUN
ftr-471	347	29	distribution	distribution	NOUN
ftr-471	347	30	)	)	PUNCT
ftr-471	347	31	.	.	PUNCT
ftr-471	348	1	for	for	ADP
ftr-471	348	2	a	a	DET
ftr-471	348	3	more	more	ADV
ftr-471	348	4	farreaching	farreaching	ADJ
ftr-471	348	5	proposal	proposal	NOUN
ftr-471	348	6	,	,	PUNCT
ftr-471	348	7	see	see	PROPN
ftr-471	348	8	andrews	andrews	PROPN
ftr-471	348	9	,	,	PUNCT
ftr-471	348	10	supra	supra	PROPN
ftr-471	348	11	note	note	PROPN
ftr-471	348	12	12	12	NUM
ftr-471	348	13	,	,	PUNCT
ftr-471	348	14	at	at	ADP
ftr-471	348	15	22	22	NUM
ftr-471	348	16	-	-	SYM
ftr-471	348	17	24	24	NUM
ftr-471	348	18	(	(	PUNCT
ftr-471	348	19	suggesting	suggest	VERB
ftr-471	348	20	that	that	SCONJ
ftr-471	348	21	congress	congress	PROPN
ftr-471	348	22	repeal	repeal	NOUN
ftr-471	348	23	§	§	PROPN
ftr-471	348	24	734(a	734(a	PROPN
ftr-471	348	25	)	)	PUNCT
ftr-471	348	26	and	and	CCONJ
ftr-471	348	27	make	make	VERB
ftr-471	348	28	§	§	PROPN
ftr-471	348	29	734(b	734(b	PROPN
ftr-471	348	30	)	)	PUNCT
ftr-471	348	31	adjustments	adjustment	NOUN
ftr-471	348	32	compulsory	compulsory	ADJ
ftr-471	348	33	)	)	PUNCT
ftr-471	348	34	.	.	PUNCT
ftr-471	349	1	see	see	VERB
ftr-471	349	2	also	also	ADV
ftr-471	349	3	richard	richard	PROPN
ftr-471	349	4	g.	g.	PROPN
ftr-471	349	5	cohen	cohen	PROPN
ftr-471	349	6	&	&	CCONJ
ftr-471	349	7	lori	lori	PROPN
ftr-471	349	8	s.	s.	PROPN
ftr-471	349	9	hoberman	hoberman	PROPN
ftr-471	349	10	,	,	PUNCT
ftr-471	349	11	partnership	partnership	NOUN
ftr-471	349	12	taxation	taxation	NOUN
ftr-471	349	13	:	:	PUNCT
ftr-471	349	14	changes	change	NOUN
ftr-471	349	15	for	for	ADP
ftr-471	349	16	the	the	DET
ftr-471	349	17	90	90	NUM
ftr-471	349	18	's	's	PART
ftr-471	349	19	,	,	PUNCT
ftr-471	349	20	71	71	NUM
ftr-471	349	21	taxes	taxis	NOUN
ftr-471	349	22	882	882	NUM
ftr-471	349	23	,	,	PUNCT
ftr-471	349	24	885	885	NUM
ftr-471	349	25	-	-	SYM
ftr-471	349	26	86	86	NUM
ftr-471	349	27	(	(	PUNCT
ftr-471	349	28	1993	1993	NUM
ftr-471	349	29	)	)	PUNCT
ftr-471	349	30	;	;	PUNCT
ftr-471	349	31	selected	select	VERB
ftr-471	349	32	partnership	partnership	NOUN
ftr-471	349	33	tax	tax	NOUN
ftr-471	349	34	issues	issue	NOUN
ftr-471	349	35	,	,	PUNCT
ftr-471	349	36	supra	supra	PROPN
ftr-471	349	37	note	note	PROPN
ftr-471	349	38	8	8	NUM
ftr-471	349	39	,	,	PUNCT
ftr-471	349	40	at	at	ADP
ftr-471	349	41	32	32	NUM
ftr-471	349	42	-	-	SYM
ftr-471	349	43	33	33	NUM
ftr-471	349	44	,	,	PUNCT
ftr-471	349	45	36	36	NUM
ftr-471	349	46	-	-	SYM
ftr-471	349	47	37	37	NUM
ftr-471	349	48	.	.	PUNCT
ftr-471	350	1	77	77	NUM
ftr-471	350	2	.	.	PUNCT
ftr-471	351	1	see	see	VERB
ftr-471	351	2	infra	infra	NOUN
ftr-471	351	3	notes	note	VERB
ftr-471	351	4	178	178	NUM
ftr-471	351	5	-	-	SYM
ftr-471	351	6	81	81	NUM
ftr-471	351	7	and	and	CCONJ
ftr-471	351	8	accompanying	accompany	VERB
ftr-471	351	9	text	text	NOUN
ftr-471	351	10	.	.	PUNCT
ftr-471	352	1	78	78	NUM
ftr-471	352	2	.	.	PUNCT
ftr-471	353	1	see	see	VERB
ftr-471	353	2	all	all	DET
ftr-471	353	3	tax	tax	NOUN
ftr-471	353	4	project	project	NOUN
ftr-471	353	5	,	,	PUNCT
ftr-471	353	6	supra	supra	PROPN
ftr-471	353	7	note	note	PROPN
ftr-471	353	8	34	34	NUM
ftr-471	353	9	,	,	PUNCT
ftr-471	353	10	at	at	ADP
ftr-471	353	11	51	51	NUM
ftr-471	353	12	-	-	SYM
ftr-471	353	13	52	52	NUM
ftr-471	353	14	.	.	PUNCT
ftr-471	353	15	79	79	NUM
ftr-471	353	16	.	.	PUNCT
ftr-471	354	1	see	see	VERB
ftr-471	354	2	i	i	PRON
ftr-471	354	3	d.	d.	PROPN
ftr-471	354	4	at	at	ADP
ftr-471	354	5	23	23	NUM
ftr-471	354	6	.	.	PUNCT
ftr-471	355	1	[	[	X
ftr-471	355	2	vol	vol	NOUN
ftr-471	355	3	3:12	3:12	NUM
ftr-471	355	4	partnership	partnership	NOUN
ftr-471	355	5	distributions	distribution	NOUN
ftr-471	355	6	:	:	PUNCT
ftr-471	355	7	options	option	NOUN
ftr-471	355	8	for	for	ADP
ftr-471	355	9	reforni	reforni	ADJ
ftr-471	355	10	of	of	ADP
ftr-471	355	11	the	the	DET
ftr-471	355	12	underlying	underlie	VERB
ftr-471	355	13	partnership	partnership	NOUN
ftr-471	355	14	assets.8o	assets.8o	PROPN
ftr-471	355	15	the	the	DET
ftr-471	355	16	all	all	PRON
ftr-471	355	17	considered	consider	VERB
ftr-471	355	18	that	that	SCONJ
ftr-471	355	19	the	the	DET
ftr-471	355	20	problem	problem	NOUN
ftr-471	355	21	of	of	ADP
ftr-471	355	22	valuation	valuation	NOUN
ftr-471	355	23	would	would	AUX
ftr-471	355	24	be	be	AUX
ftr-471	355	25	no	no	ADV
ftr-471	355	26	greater	great	ADJ
ftr-471	355	27	under	under	ADP
ftr-471	355	28	full	full	ADJ
ftr-471	355	29	fragmentation	fragmentation	NOUN
ftr-471	355	30	than	than	ADP
ftr-471	355	31	under	under	ADP
ftr-471	355	32	existing	exist	VERB
ftr-471	355	33	law	law	NOUN
ftr-471	355	34	.	.	PUNCT
ftr-471	356	1	in	in	ADP
ftr-471	356	2	1954	1954	NUM
ftr-471	356	3	,	,	PUNCT
ftr-471	356	4	the	the	DET
ftr-471	356	5	ali	ali	PROPN
ftr-471	356	6	had	have	AUX
ftr-471	356	7	rejected	reject	VERB
ftr-471	356	8	the	the	DET
ftr-471	356	9	full	full	ADJ
ftr-471	356	10	-	-	PUNCT
ftr-471	356	11	fragmentation	fragmentation	NOUN
ftr-471	356	12	approach	approach	NOUN
ftr-471	356	13	in	in	ADP
ftr-471	356	14	order	order	NOUN
ftr-471	356	15	to	to	PART
ftr-471	356	16	minimize	minimize	VERB
ftr-471	356	17	the	the	DET
ftr-471	356	18	number	number	NOUN
ftr-471	356	19	of	of	ADP
ftr-471	356	20	partnerships	partnership	NOUN
ftr-471	356	21	subject	subject	ADJ
ftr-471	356	22	to	to	ADP
ftr-471	356	23	section	section	NOUN
ftr-471	356	24	751.8	751.8	NUM
ftr-471	356	25	by	by	ADP
ftr-471	356	26	expanding	expand	VERB
ftr-471	356	27	the	the	DET
ftr-471	356	28	category	category	NOUN
ftr-471	356	29	of	of	ADP
ftr-471	356	30	unrealized	unrealized	ADJ
ftr-471	356	31	receivables	receivables	NOUN
ftr-471	356	32	to	to	PART
ftr-471	356	33	include	include	VERB
ftr-471	356	34	depreciation	depreciation	NOUN
ftr-471	356	35	recapture	recapture	NOUN
ftr-471	356	36	,	,	PUNCT
ftr-471	356	37	however	however	ADV
ftr-471	356	38	,	,	PUNCT
ftr-471	356	39	congress	congress	PROPN
ftr-471	356	40	greatly	greatly	ADV
ftr-471	356	41	increased	increase	VERB
ftr-471	356	42	the	the	DET
ftr-471	356	43	intrusiveness	intrusiveness	ADJ
ftr-471	356	44	of	of	ADP
ftr-471	356	45	section	section	NOUN
ftr-471	356	46	751.82	751.82	NUM
ftr-471	356	47	the	the	DET
ftr-471	356	48	ali	ali	PROPN
ftr-471	356	49	predicted	predict	VERB
ftr-471	356	50	that	that	DET
ftr-471	356	51	repeal	repeal	NOUN
ftr-471	356	52	of	of	ADP
ftr-471	356	53	section	section	NOUN
ftr-471	356	54	751(b	751(b	PROPN
ftr-471	356	55	)	)	PUNCT
ftr-471	356	56	would	would	AUX
ftr-471	356	57	have	have	VERB
ftr-471	356	58	little	little	ADJ
ftr-471	356	59	impact	impact	NOUN
ftr-471	356	60	on	on	ADP
ftr-471	356	61	revenue	revenue	NOUN
ftr-471	356	62	,	,	PUNCT
ftr-471	356	63	since	since	SCONJ
ftr-471	356	64	the	the	DET
ftr-471	356	65	narrowing	narrowing	NOUN
ftr-471	356	66	of	of	ADP
ftr-471	356	67	rate	rate	NOUN
ftr-471	356	68	differences	difference	NOUN
ftr-471	356	69	lessened	lessen	VERB
ftr-471	356	70	the	the	DET
ftr-471	356	71	incentive	incentive	NOUN
ftr-471	356	72	to	to	PART
ftr-471	356	73	shift	shift	VERB
ftr-471	356	74	income	income	NOUN
ftr-471	356	75	from	from	ADP
ftr-471	356	76	high	high	ADJ
ftr-471	356	77	-	-	PUNCT
ftr-471	356	78	bracket	bracket	NOUN
ftr-471	356	79	to	to	ADP
ftr-471	356	80	low	low	ADJ
ftr-471	356	81	-	-	PUNCT
ftr-471	356	82	bracket	bracket	NOUN
ftr-471	356	83	partners	partner	NOUN
ftr-471	356	84	.	.	PUNCT
ftr-471	356	85	"	"	PUNCT
ftr-471	357	1	because	because	SCONJ
ftr-471	357	2	other	other	ADJ
ftr-471	357	3	provisions	provision	NOUN
ftr-471	357	4	of	of	ADP
ftr-471	357	5	subchapter	subchapter	NOUN
ftr-471	357	6	k	k	PROPN
ftr-471	357	7	would	would	AUX
ftr-471	357	8	prevent	prevent	VERB
ftr-471	357	9	conversion	conversion	NOUN
ftr-471	357	10	of	of	ADP
ftr-471	357	11	ordinary	ordinary	ADJ
ftr-471	357	12	income	income	NOUN
ftr-471	357	13	to	to	ADP
ftr-471	357	14	capital	capital	NOUN
ftr-471	357	15	gain	gain	NOUN
ftr-471	357	16	,	,	PUNCT
ftr-471	357	17	the	the	DET
ftr-471	357	18	ali	ali	PROPN
ftr-471	357	19	viewed	view	VERB
ftr-471	357	20	the	the	DET
ftr-471	357	21	deterrence	deterrence	NOUN
ftr-471	357	22	of	of	ADP
ftr-471	357	23	incomeshifting	incomeshifting	NOUN
ftr-471	357	24	as	as	ADP
ftr-471	357	25	an	an	DET
ftr-471	357	26	insufficient	insufficient	ADJ
ftr-471	357	27	justification	justification	NOUN
ftr-471	357	28	for	for	ADP
ftr-471	357	29	retaining	retain	VERB
ftr-471	357	30	section	section	NOUN
ftr-471	357	31	751	751	NUM
ftr-471	357	32	(	(	PUNCT
ftr-471	357	33	b	b	NOUN
ftr-471	357	34	)	)	PUNCT
ftr-471	357	35	.	.	PUNCT
ftr-471	357	36	'	'	PUNCT
ftr-471	358	1	on	on	ADP
ftr-471	358	2	balance	balance	NOUN
ftr-471	358	3	,	,	PUNCT
ftr-471	358	4	the	the	DET
ftr-471	358	5	ali	ali	PROPN
ftr-471	358	6	concluded	conclude	VERB
ftr-471	358	7	that	that	SCONJ
ftr-471	358	8	"	"	PUNCT
ftr-471	358	9	the	the	DET
ftr-471	358	10	complexity	complexity	NOUN
ftr-471	358	11	[	[	X
ftr-471	358	12	section	section	NOUN
ftr-471	358	13	]	]	PUNCT
ftr-471	358	14	75	75	NUM
ftr-471	358	15	1(b	1(b	NUM
ftr-471	358	16	)	)	PUNCT
ftr-471	358	17	introduces	introduce	NOUN
ftr-471	358	18	into	into	ADP
ftr-471	358	19	subchapter	subchapter	NOUN
ftr-471	358	20	k	k	PROPN
ftr-471	358	21	appears	appear	VERB
ftr-471	358	22	to	to	PART
ftr-471	358	23	overshadow	overshadow	VERB
ftr-471	358	24	its	its	PRON
ftr-471	358	25	benefits	benefit	NOUN
ftr-471	358	26	.	.	PUNCT
ftr-471	358	27	"	"	PUNCT
ftr-471	359	1	the	the	DET
ftr-471	359	2	full	full	ADJ
ftr-471	359	3	-	-	PUNCT
ftr-471	359	4	fragmentation	fragmentation	NOUN
ftr-471	359	5	rule	rule	NOUN
ftr-471	359	6	applied	apply	VERB
ftr-471	359	7	only	only	ADV
ftr-471	359	8	to	to	ADP
ftr-471	359	9	sales	sale	NOUN
ftr-471	359	10	of	of	ADP
ftr-471	359	11	partnership	partnership	NOUN
ftr-471	359	12	interests	interest	NOUN
ftr-471	359	13	and	and	CCONJ
ftr-471	359	14	cash	cash	NOUN
ftr-471	359	15	liquidating	liquidating	NOUN
ftr-471	359	16	distributions	distribution	NOUN
ftr-471	359	17	,	,	PUNCT
ftr-471	359	18	thereby	thereby	ADV
ftr-471	359	19	apparently	apparently	ADV
ftr-471	359	20	restoring	restore	VERB
ftr-471	359	21	the	the	DET
ftr-471	359	22	1954	1954	NUM
ftr-471	359	23	version	version	NOUN
ftr-471	359	24	of	of	ADP
ftr-471	359	25	section	section	NOUN
ftr-471	359	26	751	751	NUM
ftr-471	359	27	as	as	SCONJ
ftr-471	359	28	it	it	PRON
ftr-471	359	29	existed	exist	VERB
ftr-471	359	30	prior	prior	ADV
ftr-471	359	31	to	to	ADP
ftr-471	359	32	the	the	DET
ftr-471	359	33	senate	senate	PROPN
ftr-471	359	34	amendment	amendment	PROPN
ftr-471	359	35	.	.	PUNCT
ftr-471	359	36	'	'	PUNCT
ftr-471	360	1	perhaps	perhaps	ADV
ftr-471	360	2	the	the	DET
ftr-471	360	3	most	most	ADV
ftr-471	360	4	striking	striking	ADJ
ftr-471	360	5	feature	feature	NOUN
ftr-471	360	6	of	of	ADP
ftr-471	360	7	the	the	DET
ftr-471	360	8	full	full	ADJ
ftr-471	360	9	-	-	PUNCT
ftr-471	360	10	fragmentation	fragmentation	NOUN
ftr-471	360	11	approach	approach	NOUN
ftr-471	360	12	was	be	AUX
ftr-471	360	13	that	that	SCONJ
ftr-471	360	14	it	it	PRON
ftr-471	360	15	resulted	result	VERB
ftr-471	360	16	in	in	ADP
ftr-471	360	17	substantially	substantially	ADV
ftr-471	360	18	less	less	ADJ
ftr-471	360	19	than	than	ADP
ftr-471	360	20	"	"	PUNCT
ftr-471	360	21	full	full	ADJ
ftr-471	360	22	"	"	PUNCT
ftr-471	360	23	fragmentation	fragmentation	NOUN
ftr-471	360	24	when	when	SCONJ
ftr-471	360	25	applied	apply	VERB
ftr-471	360	26	to	to	ADP
ftr-471	360	27	many	many	ADJ
ftr-471	360	28	common	common	ADJ
ftr-471	360	29	types	type	NOUN
ftr-471	360	30	of	of	ADP
ftr-471	360	31	partnership	partnership	NOUN
ftr-471	360	32	distributions.87	distributions.87	NOUN
ftr-471	360	33	for	for	ADP
ftr-471	360	34	example	example	NOUN
ftr-471	360	35	,	,	PUNCT
ftr-471	360	36	the	the	DET
ftr-471	360	37	fullfragmentation	fullfragmentation	NOUN
ftr-471	360	38	rule	rule	NOUN
ftr-471	360	39	was	be	AUX
ftr-471	360	40	inapplicable	inapplicable	ADJ
ftr-471	360	41	to	to	ADP
ftr-471	360	42	(	(	PUNCT
ftr-471	360	43	1	1	X
ftr-471	360	44	)	)	PUNCT
ftr-471	360	45	any	any	DET
ftr-471	360	46	distribution	distribution	NOUN
ftr-471	360	47	of	of	ADP
ftr-471	360	48	cash	cash	NOUN
ftr-471	360	49	in	in	ADP
ftr-471	360	50	partial	partial	ADJ
ftr-471	360	51	liquidation	liquidation	NOUN
ftr-471	360	52	of	of	ADP
ftr-471	360	53	a	a	DET
ftr-471	360	54	partner	partner	NOUN
ftr-471	360	55	's	's	PART
ftr-471	360	56	partnership	partnership	NOUN
ftr-471	360	57	interest	interest	NOUN
ftr-471	360	58	,	,	PUNCT
ftr-471	360	59	and	and	CCONJ
ftr-471	360	60	(	(	PUNCT
ftr-471	360	61	2	2	X
ftr-471	360	62	)	)	PUNCT
ftr-471	360	63	any	any	DET
ftr-471	360	64	current	current	ADJ
ftr-471	360	65	or	or	CCONJ
ftr-471	360	66	liquidating	liquidate	VERB
ftr-471	360	67	distribution	distribution	NOUN
ftr-471	360	68	in	in	ADP
ftr-471	360	69	which	which	PRON
ftr-471	360	70	the	the	DET
ftr-471	360	71	distributee	distributee	NOUN
ftr-471	360	72	partner	partner	NOUN
ftr-471	360	73	received	receive	VERB
ftr-471	360	74	both	both	CCONJ
ftr-471	360	75	cash	cash	NOUN
ftr-471	360	76	and	and	CCONJ
ftr-471	360	77	other	other	ADJ
ftr-471	360	78	property	property	NOUN
ftr-471	360	79	(	(	PUNCT
ftr-471	360	80	or	or	CCONJ
ftr-471	360	81	solely	solely	ADV
ftr-471	360	82	other	other	ADJ
ftr-471	360	83	property	property	NOUN
ftr-471	360	84	)	)	PUNCT
ftr-471	360	85	.	.	PUNCT
ftr-471	361	1	in	in	ADP
ftr-471	361	2	the	the	DET
ftr-471	361	3	case	case	NOUN
ftr-471	361	4	of	of	ADP
ftr-471	361	5	a	a	DET
ftr-471	361	6	three	three	NUM
ftr-471	361	7	-	-	PUNCT
ftr-471	361	8	person	person	NOUN
ftr-471	361	9	partnership	partnership	NOUN
ftr-471	361	10	holding	hold	VERB
ftr-471	361	11	appreciated	appreciated	ADJ
ftr-471	361	12	inventory	inventory	NOUN
ftr-471	361	13	and	and	CCONJ
ftr-471	361	14	land	land	NOUN
ftr-471	361	15	,	,	PUNCT
ftr-471	361	16	the	the	DET
ftr-471	361	17	ali	ali	PROPN
ftr-471	361	18	noted	note	VERB
ftr-471	361	19	that	that	SCONJ
ftr-471	361	20	the	the	DET
ftr-471	361	21	full	full	ADJ
ftr-471	361	22	-	-	PUNCT
ftr-471	361	23	fragmentation	fragmentation	NOUN
ftr-471	361	24	rule	rule	NOUN
ftr-471	361	25	would	would	AUX
ftr-471	361	26	have	have	VERB
ftr-471	361	27	no	no	DET
ftr-471	361	28	operative	operative	ADJ
ftr-471	361	29	effect	effect	NOUN
ftr-471	361	30	if	if	SCONJ
ftr-471	361	31	one	one	NUM
ftr-471	361	32	partner	partner	NOUN
ftr-471	361	33	's	's	PART
ftr-471	361	34	interest	interest	NOUN
ftr-471	361	35	were	be	AUX
ftr-471	361	36	completely	completely	ADV
ftr-471	361	37	liquidated	liquidate	VERB
ftr-471	361	38	in	in	ADP
ftr-471	361	39	exchange	exchange	NOUN
ftr-471	361	40	for	for	ADP
ftr-471	361	41	the	the	DET
ftr-471	361	42	partnership	partnership	NOUN
ftr-471	361	43	's	's	PART
ftr-471	361	44	land.s	land.s	NOUN
ftr-471	361	45	the	the	DET
ftr-471	361	46	distribution	distribution	NOUN
ftr-471	361	47	would	would	AUX
ftr-471	361	48	be	be	AUX
ftr-471	361	49	nontaxable	nontaxable	ADJ
ftr-471	361	50	under	under	ADP
ftr-471	361	51	section	section	NOUN
ftr-471	361	52	731	731	NUM
ftr-471	361	53	,	,	PUNCT
ftr-471	361	54	even	even	ADV
ftr-471	361	55	though	though	SCONJ
ftr-471	361	56	the	the	DET
ftr-471	361	57	ordinary	ordinary	ADJ
ftr-471	361	58	80	80	NUM
ftr-471	361	59	.	.	PUNCT
ftr-471	362	1	see	see	VERB
ftr-471	362	2	i	i	PRON
ftr-471	362	3	d.	d.	PROPN
ftr-471	362	4	at	at	ADP
ftr-471	362	5	40	40	NUM
ftr-471	362	6	-	-	SYM
ftr-471	362	7	41	41	NUM
ftr-471	362	8	.	.	PUNCT
ftr-471	363	1	thus	thus	ADV
ftr-471	363	2	,	,	PUNCT
ftr-471	363	3	both	both	DET
ftr-471	363	4	a	a	DET
ftr-471	363	5	direct	direct	ADJ
ftr-471	363	6	sale	sale	NOUN
ftr-471	363	7	of	of	ADP
ftr-471	363	8	a	a	DET
ftr-471	363	9	business	business	NOUN
ftr-471	363	10	and	and	CCONJ
ftr-471	363	11	an	an	DET
ftr-471	363	12	indirect	indirect	ADJ
ftr-471	363	13	sale	sale	NOUN
ftr-471	363	14	through	through	ADP
ftr-471	363	15	disposition	disposition	NOUN
ftr-471	363	16	of	of	ADP
ftr-471	363	17	a	a	DET
ftr-471	363	18	partnership	partnership	NOUN
ftr-471	363	19	interest	interest	NOUN
ftr-471	363	20	would	would	AUX
ftr-471	363	21	be	be	AUX
ftr-471	363	22	subject	subject	ADJ
ftr-471	363	23	to	to	ADP
ftr-471	363	24	the	the	DET
ftr-471	363	25	fragmentation	fragmentation	NOUN
ftr-471	363	26	rule	rule	NOUN
ftr-471	363	27	of	of	ADP
ftr-471	363	28	williams	williams	PROPN
ftr-471	363	29	v.	v.	PROPN
ftr-471	363	30	mcgowan	mcgowan	PROPN
ftr-471	363	31	,	,	PUNCT
ftr-471	363	32	152	152	NUM
ftr-471	363	33	f.2d	f.2d	NOUN
ftr-471	363	34	570	570	NUM
ftr-471	363	35	,	,	PUNCT
ftr-471	363	36	572	572	NUM
ftr-471	363	37	(	(	PUNCT
ftr-471	363	38	2d	2d	NUM
ftr-471	363	39	cir	cir	NOUN
ftr-471	363	40	.	.	PUNCT
ftr-471	363	41	1945	1945	NUM
ftr-471	363	42	)	)	PUNCT
ftr-471	363	43	.	.	PUNCT
ftr-471	364	1	81	81	NUM
ftr-471	364	2	.	.	PUNCT
ftr-471	365	1	see	see	VERB
ftr-471	365	2	jackson	jackson	PROPN
ftr-471	365	3	et	et	PROPN
ftr-471	365	4	al	al	PROPN
ftr-471	365	5	.	.	PROPN
ftr-471	365	6	,	,	PUNCT
ftr-471	365	7	proposed	propose	VERB
ftr-471	365	8	revision	revision	NOUN
ftr-471	365	9	.	.	PUNCT
ftr-471	366	1	supra	supra	PROPN
ftr-471	366	2	note	note	PROPN
ftr-471	366	3	13	13	NUM
ftr-471	366	4	,	,	PUNCT
ftr-471	366	5	at	at	ADP
ftr-471	366	6	145	145	NUM
ftr-471	366	7	-	-	SYM
ftr-471	366	8	46	46	NUM
ftr-471	366	9	.	.	PUNCT
ftr-471	367	1	82	82	NUM
ftr-471	367	2	.	.	PUNCT
ftr-471	368	1	see	see	VERB
ftr-471	368	2	all	all	DET
ftr-471	368	3	tax	tax	NOUN
ftr-471	368	4	project	project	NOUN
ftr-471	368	5	,	,	PUNCT
ftr-471	368	6	supra	supra	PROPN
ftr-471	368	7	note	note	PROPN
ftr-471	368	8	34	34	NUM
ftr-471	368	9	,	,	PUNCT
ftr-471	368	10	at	at	ADP
ftr-471	368	11	53	53	NUM
ftr-471	368	12	.	.	PUNCT
ftr-471	369	1	depreciation	depreciation	NOUN
ftr-471	369	2	recapture	recapture	NOUN
ftr-471	369	3	was	be	AUX
ftr-471	369	4	not	not	PART
ftr-471	369	5	enacted	enact	VERB
ftr-471	369	6	until	until	ADP
ftr-471	369	7	1962	1962	NUM
ftr-471	369	8	.	.	PUNCT
ftr-471	370	1	see	see	VERB
ftr-471	370	2	revenue	revenue	NOUN
ftr-471	370	3	act	act	NOUN
ftr-471	370	4	of	of	ADP
ftr-471	370	5	1962	1962	NUM
ftr-471	370	6	,	,	PUNCT
ftr-471	370	7	pub	pub	NOUN
ftr-471	370	8	.	.	PUNCT
ftr-471	371	1	l.	l.	PROPN
ftr-471	371	2	no	no	INTJ
ftr-471	371	3	.	.	PROPN
ftr-471	372	1	87	87	NUM
ftr-471	372	2	-	-	SYM
ftr-471	372	3	834	834	NUM
ftr-471	372	4	,	,	PUNCT
ftr-471	372	5	§	§	PROPN
ftr-471	372	6	12	12	NUM
ftr-471	372	7	,	,	PUNCT
ftr-471	372	8	26	26	NUM
ftr-471	372	9	stat	stat	NOUN
ftr-471	372	10	.	.	PUNCT
ftr-471	373	1	960	960	NUM
ftr-471	373	2	,	,	PUNCT
ftr-471	373	3	1032	1032	NUM
ftr-471	373	4	.	.	PUNCT
ftr-471	374	1	83	83	NUM
ftr-471	374	2	.	.	PUNCT
ftr-471	375	1	see	see	VERB
ftr-471	375	2	ali	ali	PROPN
ftr-471	375	3	tax	tax	PROPN
ftr-471	375	4	project	project	NOUN
ftr-471	375	5	,	,	PUNCT
ftr-471	375	6	supra	supra	PROPN
ftr-471	375	7	note	note	PROPN
ftr-471	375	8	34	34	NUM
ftr-471	375	9	,	,	PUNCT
ftr-471	375	10	at	at	ADP
ftr-471	375	11	52	52	NUM
ftr-471	375	12	(	(	PUNCT
ftr-471	375	13	noting	note	VERB
ftr-471	375	14	that	that	SCONJ
ftr-471	375	15	,	,	PUNCT
ftr-471	375	16	"	"	PUNCT
ftr-471	375	17	[	[	X
ftr-471	375	18	iln	iln	NOUN
ftr-471	375	19	the	the	DET
ftr-471	375	20	absence	absence	NOUN
ftr-471	375	21	of	of	ADP
ftr-471	375	22	very	very	ADV
ftr-471	375	23	substantial	substantial	ADJ
ftr-471	375	24	tax	tax	NOUN
ftr-471	375	25	saving	saving	NOUN
ftr-471	375	26	,	,	PUNCT
ftr-471	375	27	"	"	PUNCT
ftr-471	375	28	business	business	NOUN
ftr-471	375	29	considerations	consideration	NOUN
ftr-471	375	30	could	could	AUX
ftr-471	375	31	be	be	AUX
ftr-471	375	32	expected	expect	VERB
ftr-471	375	33	to	to	PART
ftr-471	375	34	impede	impede	VERB
ftr-471	375	35	tax	tax	NOUN
ftr-471	375	36	-	-	PUNCT
ftr-471	375	37	motivated	motivate	VERB
ftr-471	375	38	non	non	ADJ
ftr-471	375	39	-	-	ADJ
ftr-471	375	40	pro	pro	ADJ
ftr-471	375	41	rata	rata	ADJ
ftr-471	375	42	distributions	distribution	NOUN
ftr-471	375	43	of	of	ADP
ftr-471	375	44	nonfungible	nonfungible	ADJ
ftr-471	375	45	property	property	NOUN
ftr-471	375	46	among	among	ADP
ftr-471	375	47	partners	partner	NOUN
ftr-471	375	48	)	)	PUNCT
ftr-471	375	49	.	.	PUNCT
ftr-471	376	1	84	84	NUM
ftr-471	376	2	.	.	PUNCT
ftr-471	377	1	see	see	VERB
ftr-471	377	2	i	i	PRON
ftr-471	377	3	d.	d.	PROPN
ftr-471	377	4	at	at	ADP
ftr-471	377	5	55	55	NUM
ftr-471	377	6	n.l1	n.l1	NOUN
ftr-471	377	7	.	.	PUNCT
ftr-471	378	1	85	85	NUM
ftr-471	378	2	.	.	PUNCT
ftr-471	379	1	i	i	PRON
ftr-471	379	2	d.	d.	PROPN
ftr-471	379	3	at	at	ADP
ftr-471	379	4	52	52	NUM
ftr-471	379	5	.	.	PUNCT
ftr-471	379	6	86	86	NUM
ftr-471	379	7	.	.	PUNCT
ftr-471	380	1	see	see	VERB
ftr-471	380	2	supra	supra	PROPN
ftr-471	380	3	notes	note	VERB
ftr-471	380	4	21	21	NUM
ftr-471	380	5	-	-	SYM
ftr-471	380	6	23	23	NUM
ftr-471	380	7	and	and	CCONJ
ftr-471	380	8	accompanying	accompany	VERB
ftr-471	380	9	texl	texl	NOUN
ftr-471	380	10	87	87	NUM
ftr-471	380	11	.	.	PUNCT
ftr-471	381	1	see	see	VERB
ftr-471	381	2	ali	ali	PROPN
ftr-471	381	3	tax	tax	PROPN
ftr-471	381	4	project	project	NOUN
ftr-471	381	5	,	,	PUNCT
ftr-471	381	6	supra	supra	PROPN
ftr-471	381	7	note	note	PROPN
ftr-471	381	8	34	34	NUM
ftr-471	381	9	,	,	PUNCT
ftr-471	381	10	at	at	ADP
ftr-471	381	11	35	35	NUM
ftr-471	381	12	.	.	PUNCT
ftr-471	381	13	88	88	NUM
ftr-471	381	14	.	.	PUNCT
ftr-471	382	1	see	see	VERB
ftr-471	382	2	i	i	PRON
ftr-471	382	3	d.	d.	PROPN
ftr-471	382	4	at	at	ADP
ftr-471	382	5	54	54	NUM
ftr-471	382	6	-	-	SYM
ftr-471	382	7	55	55	NUM
ftr-471	382	8	.	.	PUNCT
ftr-471	383	1	19981	19981	NUM
ftr-471	383	2	florida	florida	PROPN
ftr-471	383	3	tax	tax	NOUN
ftr-471	383	4	review	review	NOUN
ftr-471	383	5	income	income	NOUN
ftr-471	383	6	attributable	attributable	ADJ
ftr-471	383	7	to	to	ADP
ftr-471	383	8	the	the	DET
ftr-471	383	9	appreciated	appreciated	ADJ
ftr-471	383	10	inventory	inventory	NOUN
ftr-471	383	11	was	be	AUX
ftr-471	383	12	shifted	shift	VERB
ftr-471	383	13	entirely	entirely	ADV
ftr-471	383	14	to	to	ADP
ftr-471	383	15	the	the	DET
ftr-471	383	16	nondistributee	nondistributee	NOUN
ftr-471	383	17	partners	partner	NOUN
ftr-471	383	18	.	.	PUNCT
ftr-471	384	1	in	in	ADP
ftr-471	384	2	a	a	DET
ftr-471	384	3	critical	critical	ADJ
ftr-471	384	4	assessment	assessment	NOUN
ftr-471	384	5	of	of	ADP
ftr-471	384	6	the	the	DET
ftr-471	384	7	ali	ali	PROPN
ftr-471	384	8	's	's	PART
ftr-471	384	9	1982	1982	NUM
ftr-471	384	10	study	study	NOUN
ftr-471	384	11	,	,	PUNCT
ftr-471	384	12	one	one	NUM
ftr-471	384	13	commentator	commentator	NOUN
ftr-471	384	14	has	have	AUX
ftr-471	384	15	suggested	suggest	VERB
ftr-471	384	16	that	that	SCONJ
ftr-471	384	17	the	the	DET
ftr-471	384	18	ali	ali	PROPN
ftr-471	384	19	's	's	PART
ftr-471	384	20	description	description	NOUN
ftr-471	384	21	of	of	ADP
ftr-471	384	22	its	its	PRON
ftr-471	384	23	proposal	proposal	NOUN
ftr-471	384	24	as	as	ADP
ftr-471	384	25	requiring	require	VERB
ftr-471	384	26	"	"	PUNCT
ftr-471	384	27	full	full	ADJ
ftr-471	384	28	"	"	PUNCT
ftr-471	384	29	fragmentation	fragmentation	NOUN
ftr-471	384	30	represents	represent	VERB
ftr-471	384	31	a	a	DET
ftr-471	384	32	remarkable	remarkable	ADJ
ftr-471	384	33	"	"	PUNCT
ftr-471	384	34	understatement	understatement	NOUN
ftr-471	384	35	.	.	PUNCT
ftr-471	384	36	"	"	PUNCT
ftr-471	385	1	89	89	NUM
ftr-471	385	2	upon	upon	SCONJ
ftr-471	385	3	closer	close	ADJ
ftr-471	385	4	examination	examination	NOUN
ftr-471	385	5	,	,	PUNCT
ftr-471	385	6	however	however	ADV
ftr-471	385	7	,	,	PUNCT
ftr-471	385	8	the	the	DET
ftr-471	385	9	ali	ali	PROPN
ftr-471	385	10	's	's	PART
ftr-471	385	11	1982	1982	NUM
ftr-471	385	12	proposals	proposal	NOUN
ftr-471	385	13	seem	seem	VERB
ftr-471	385	14	entirely	entirely	ADV
ftr-471	385	15	congruent	congruent	ADJ
ftr-471	385	16	with	with	ADP
ftr-471	385	17	a	a	DET
ftr-471	385	18	narrow	narrow	ADJ
ftr-471	385	19	conception	conception	NOUN
ftr-471	385	20	of	of	ADP
ftr-471	385	21	section	section	NOUN
ftr-471	385	22	751	751	NUM
ftr-471	385	23	(	(	PUNCT
ftr-471	385	24	b	b	NOUN
ftr-471	385	25	)	)	PUNCT
ftr-471	385	26	as	as	ADP
ftr-471	385	27	a	a	DET
ftr-471	385	28	backstop	backstop	NOUN
ftr-471	385	29	to	to	PART
ftr-471	385	30	section	section	VERB
ftr-471	385	31	751	751	NUM
ftr-471	385	32	(	(	PUNCT
ftr-471	385	33	a	a	NOUN
ftr-471	385	34	)	)	PUNCT
ftr-471	385	35	.	.	PUNCT
ftr-471	386	1	the	the	DET
ftr-471	386	2	1982	1982	NUM
ftr-471	386	3	ali	ali	PROPN
ftr-471	386	4	study	study	PROPN
ftr-471	386	5	emphasized	emphasize	VERB
ftr-471	386	6	that	that	SCONJ
ftr-471	386	7	"	"	PUNCT
ftr-471	386	8	the	the	DET
ftr-471	386	9	purpose	purpose	NOUN
ftr-471	386	10	of	of	ADP
ftr-471	386	11	[	[	X
ftr-471	386	12	section	section	NOUN
ftr-471	386	13	751	751	NUM
ftr-471	386	14	]	]	PUNCT
ftr-471	386	15	is	be	AUX
ftr-471	386	16	not	not	PART
ftr-471	386	17	to	to	PART
ftr-471	386	18	impose	impose	VERB
ftr-471	386	19	a	a	DET
ftr-471	386	20	tax	tax	NOUN
ftr-471	386	21	merely	merely	ADV
ftr-471	386	22	because	because	SCONJ
ftr-471	386	23	a	a	DET
ftr-471	386	24	partner	partner	NOUN
ftr-471	386	25	is	be	AUX
ftr-471	386	26	exchanging	exchange	VERB
ftr-471	386	27	an	an	DET
ftr-471	386	28	interest	interest	NOUN
ftr-471	386	29	in	in	ADP
ftr-471	386	30	one	one	NUM
ftr-471	386	31	asset	asset	NOUN
ftr-471	386	32	for	for	ADP
ftr-471	386	33	an	an	DET
ftr-471	386	34	interest	interest	NOUN
ftr-471	386	35	in	in	ADP
ftr-471	386	36	another	another	DET
ftr-471	386	37	asset	asset	NOUN
ftr-471	386	38	.	.	PUNCT
ftr-471	387	1	"	"	PUNCT
ftr-471	387	2	"	"	PUNCT
ftr-471	387	3	the	the	DET
ftr-471	387	4	only	only	ADJ
ftr-471	387	5	purpose	purpose	NOUN
ftr-471	387	6	of	of	ADP
ftr-471	387	7	making	make	VERB
ftr-471	387	8	the	the	DET
ftr-471	387	9	section	section	NOUN
ftr-471	387	10	751	751	NUM
ftr-471	387	11	(	(	PUNCT
ftr-471	387	12	b	b	NOUN
ftr-471	387	13	)	)	PUNCT
ftr-471	387	14	exchange	exchange	NOUN
ftr-471	387	15	taxable	taxable	ADJ
ftr-471	387	16	was	be	AUX
ftr-471	387	17	to	to	PART
ftr-471	387	18	prevent	prevent	VERB
ftr-471	387	19	income	income	NOUN
ftr-471	387	20	-	-	PUNCT
ftr-471	387	21	shifting	shift	VERB
ftr-471	387	22	,	,	PUNCT
ftr-471	387	23	a	a	DET
ftr-471	387	24	purpose	purpose	NOUN
ftr-471	387	25	which	which	PRON
ftr-471	387	26	might	might	AUX
ftr-471	387	27	have	have	AUX
ftr-471	387	28	been	be	AUX
ftr-471	387	29	accomplished	accomplish	VERB
ftr-471	387	30	by	by	ADP
ftr-471	387	31	"	"	PUNCT
ftr-471	387	32	tainting	taint	VERB
ftr-471	387	33	"	"	PUNCT
ftr-471	387	34	the	the	DET
ftr-471	387	35	distributed	distribute	VERB
ftr-471	387	36	(	(	PUNCT
ftr-471	387	37	or	or	CCONJ
ftr-471	387	38	retained	retain	VERB
ftr-471	387	39	)	)	PUNCT
ftr-471	387	40	property.9	property.9	NOUN
ftr-471	387	41	'	'	PUNCT
ftr-471	387	42	although	although	SCONJ
ftr-471	387	43	immediate	immediate	ADJ
ftr-471	387	44	taxation	taxation	NOUN
ftr-471	387	45	was	be	AUX
ftr-471	387	46	considered	consider	VERB
ftr-471	387	47	administratively	administratively	ADV
ftr-471	387	48	simpler	simple	ADJ
ftr-471	387	49	than	than	ADP
ftr-471	387	50	complex	complex	ADJ
ftr-471	387	51	tracing	trace	VERB
ftr-471	387	52	rules	rule	NOUN
ftr-471	387	53	,	,	PUNCT
ftr-471	387	54	this	this	DET
ftr-471	387	55	approach	approach	NOUN
ftr-471	387	56	was	be	AUX
ftr-471	387	57	never	never	ADV
ftr-471	387	58	intended	intend	VERB
ftr-471	387	59	to	to	PART
ftr-471	387	60	replace	replace	VERB
ftr-471	387	61	nonrecognition	nonrecognition	NOUN
ftr-471	387	62	principles	principle	NOUN
ftr-471	387	63	generally	generally	ADV
ftr-471	387	64	by	by	ADP
ftr-471	387	65	treating	treat	VERB
ftr-471	387	66	all	all	DET
ftr-471	387	67	economic	economic	ADJ
ftr-471	387	68	exchanges	exchange	NOUN
ftr-471	387	69	of	of	ADP
ftr-471	387	70	partnership	partnership	NOUN
ftr-471	387	71	property	property	NOUN
ftr-471	387	72	as	as	ADP
ftr-471	387	73	taxable.9	taxable.9	PRON
ftr-471	387	74	in	in	ADP
ftr-471	387	75	1982	1982	NUM
ftr-471	387	76	,	,	PUNCT
ftr-471	387	77	the	the	DET
ftr-471	387	78	ali	ali	PROPN
ftr-471	387	79	considered	consider	VERB
ftr-471	387	80	but	but	CCONJ
ftr-471	387	81	rejected	reject	VERB
ftr-471	387	82	several	several	ADJ
ftr-471	387	83	reforms	reform	NOUN
ftr-471	387	84	to	to	PART
ftr-471	387	85	subchapter	subchapter	VERB
ftr-471	387	86	k	k	PROPN
ftr-471	387	87	based	base	VERB
ftr-471	387	88	on	on	ADP
ftr-471	387	89	concerns	concern	NOUN
ftr-471	387	90	about	about	ADP
ftr-471	387	91	administrability	administrability	NOUN
ftr-471	387	92	and	and	CCONJ
ftr-471	387	93	potential	potential	ADJ
ftr-471	387	94	noncompliance	noncompliance	NOUN
ftr-471	387	95	with	with	ADP
ftr-471	387	96	overly	overly	ADV
ftr-471	387	97	complex	complex	ADJ
ftr-471	387	98	rules.93	rules.93	NOUN
ftr-471	387	99	in	in	ADP
ftr-471	387	100	light	light	NOUN
ftr-471	387	101	of	of	ADP
ftr-471	387	102	recent	recent	ADJ
ftr-471	387	103	statutory	statutory	ADJ
ftr-471	387	104	provisions	provision	NOUN
ftr-471	387	105	aimed	aim	VERB
ftr-471	387	106	at	at	ADP
ftr-471	387	107	income	income	NOUN
ftr-471	387	108	-	-	PUNCT
ftr-471	387	109	shifting	shift	VERB
ftr-471	387	110	in	in	ADP
ftr-471	387	111	other	other	ADJ
ftr-471	387	112	areas	area	NOUN
ftr-471	387	113	,	,	PUNCT
ftr-471	387	114	however	however	ADV
ftr-471	387	115	,	,	PUNCT
ftr-471	387	116	the	the	DET
ftr-471	387	117	1982	1982	NUM
ftr-471	387	118	all	all	DET
ftr-471	387	119	study	study	NOUN
ftr-471	387	120	's	's	PART
ftr-471	387	121	tolerant	tolerant	ADJ
ftr-471	387	122	attitude	attitude	NOUN
ftr-471	387	123	toward	toward	ADP
ftr-471	387	124	income	income	NOUN
ftr-471	387	125	-	-	PUNCT
ftr-471	387	126	shifting	shift	VERB
ftr-471	387	127	in	in	ADP
ftr-471	387	128	connection	connection	NOUN
ftr-471	387	129	with	with	ADP
ftr-471	387	130	section	section	NOUN
ftr-471	387	131	751(b	751(b	PROPN
ftr-471	387	132	)	)	PUNCT
ftr-471	387	133	distributions	distribution	NOUN
ftr-471	387	134	may	may	AUX
ftr-471	387	135	seem	seem	VERB
ftr-471	387	136	anachronistic	anachronistic	ADJ
ftr-471	387	137	.	.	PUNCT
ftr-471	388	1	nevertheless	nevertheless	ADV
ftr-471	388	2	,	,	PUNCT
ftr-471	388	3	proposals	proposal	NOUN
ftr-471	388	4	to	to	PART
ftr-471	388	5	repeal	repeal	VERB
ftr-471	388	6	section	section	NOUN
ftr-471	388	7	751(b	751(b	PROPN
ftr-471	388	8	)	)	PUNCT
ftr-471	388	9	continue	continue	VERB
ftr-471	388	10	to	to	PART
ftr-471	388	11	surface	surface	VERB
ftr-471	388	12	,	,	PUNCT
ftr-471	388	13	as	as	SCONJ
ftr-471	388	14	shown	show	VERB
ftr-471	388	15	by	by	ADP
ftr-471	388	16	a	a	DET
ftr-471	388	17	recent	recent	ADJ
ftr-471	388	18	proposal	proposal	NOUN
ftr-471	388	19	to	to	PART
ftr-471	388	20	substitute	substitute	VERB
ftr-471	388	21	a	a	DET
ftr-471	388	22	tax	tax	NOUN
ftr-471	388	23	-	-	PUNCT
ftr-471	388	24	avoidance	avoidance	NOUN
ftr-471	388	25	standard	standard	NOUN
ftr-471	388	26	for	for	ADP
ftr-471	388	27	the	the	DET
ftr-471	388	28	existing	exist	VERB
ftr-471	388	29	statutory	statutory	ADJ
ftr-471	388	30	provision.94	provision.94	NOUN
ftr-471	388	31	this	this	DET
ftr-471	388	32	proposal	proposal	NOUN
ftr-471	388	33	would	would	AUX
ftr-471	388	34	treat	treat	VERB
ftr-471	388	35	a	a	DET
ftr-471	388	36	disproportionate	disproportionate	ADJ
ftr-471	388	37	distribution	distribution	NOUN
ftr-471	388	38	as	as	ADP
ftr-471	388	39	a	a	DET
ftr-471	388	40	taxable	taxable	ADJ
ftr-471	388	41	event	event	NOUN
ftr-471	388	42	only	only	ADV
ftr-471	388	43	if	if	SCONJ
ftr-471	388	44	it	it	PRON
ftr-471	388	45	resulted	result	VERB
ftr-471	388	46	in	in	ADP
ftr-471	388	47	a	a	DET
ftr-471	388	48	"	"	PUNCT
ftr-471	388	49	significant	significant	ADJ
ftr-471	388	50	"	"	PUNCT
ftr-471	388	51	shift	shift	NOUN
ftr-471	388	52	in	in	ADP
ftr-471	388	53	potential	potential	ADJ
ftr-471	388	54	ordinary	ordinary	ADJ
ftr-471	388	55	income	income	NOUN
ftr-471	388	56	and	and	CCONJ
ftr-471	388	57	had	have	VERB
ftr-471	388	58	a	a	DET
ftr-471	388	59	"	"	PUNCT
ftr-471	388	60	principal	principal	ADJ
ftr-471	388	61	purpose	purpose	NOUN
ftr-471	388	62	"	"	PUNCT
ftr-471	388	63	of	of	ADP
ftr-471	388	64	tax	tax	NOUN
ftr-471	388	65	avoidance.95	avoidance.95	NOUN
ftr-471	388	66	while	while	SCONJ
ftr-471	388	67	such	such	DET
ftr-471	388	68	a	a	DET
ftr-471	388	69	tax	tax	NOUN
ftr-471	388	70	-	-	PUNCT
ftr-471	388	71	avoidance	avoidance	NOUN
ftr-471	388	72	standard	standard	NOUN
ftr-471	388	73	would	would	AUX
ftr-471	388	74	likely	likely	ADV
ftr-471	388	75	reach	reach	VERB
ftr-471	388	76	only	only	ADV
ftr-471	388	77	the	the	DET
ftr-471	388	78	most	most	ADV
ftr-471	388	79	egregious	egregious	ADJ
ftr-471	388	80	cases	case	NOUN
ftr-471	388	81	,	,	PUNCT
ftr-471	388	82	the	the	DET
ftr-471	388	83	revenue	revenue	NOUN
ftr-471	388	84	loss	loss	NOUN
ftr-471	388	85	might	might	AUX
ftr-471	388	86	be	be	AUX
ftr-471	388	87	relatively	relatively	ADV
ftr-471	388	88	insignificant	insignificant	ADJ
ftr-471	388	89	given	give	VERB
ftr-471	388	90	the	the	DET
ftr-471	388	91	apparently	apparently	ADV
ftr-471	388	92	low	low	ADJ
ftr-471	388	93	level	level	NOUN
ftr-471	388	94	of	of	ADP
ftr-471	388	95	compliance	compliance	NOUN
ftr-471	388	96	89	89	NUM
ftr-471	388	97	.	.	PUNCT
ftr-471	389	1	see	see	VERB
ftr-471	389	2	postlewaite	postlewaite	NOUN
ftr-471	389	3	et	et	PROPN
ftr-471	389	4	al	al	PROPN
ftr-471	389	5	.	.	PROPN
ftr-471	389	6	,	,	PUNCT
ftr-471	389	7	supra	supra	PROPN
ftr-471	389	8	note	note	PROPN
ftr-471	389	9	11	11	NUM
ftr-471	389	10	,	,	PUNCT
ftr-471	389	11	at	at	ADP
ftr-471	389	12	596	596	NUM
ftr-471	389	13	.	.	PUNCT
ftr-471	390	1	90	90	NUM
ftr-471	390	2	.	.	PUNCT
ftr-471	390	3	ali	ali	PROPN
ftr-471	390	4	tax	tax	PROPN
ftr-471	390	5	project	project	NOUN
ftr-471	390	6	,	,	PUNCT
ftr-471	390	7	supra	supra	PROPN
ftr-471	390	8	note	note	PROPN
ftr-471	390	9	34	34	NUM
ftr-471	390	10	,	,	PUNCT
ftr-471	390	11	at	at	ADP
ftr-471	390	12	50	50	NUM
ftr-471	390	13	.	.	NOUN
ftr-471	390	14	91	91	NUM
ftr-471	390	15	.	.	PUNCT
ftr-471	391	1	see	see	VERB
ftr-471	391	2	i	i	PRON
ftr-471	391	3	d.	d.	PROPN
ftr-471	391	4	92	92	NUM
ftr-471	391	5	.	.	PUNCT
ftr-471	392	1	see	see	VERB
ftr-471	392	2	i	i	PRON
ftr-471	392	3	d.	d.	PROPN
ftr-471	392	4	at	at	ADP
ftr-471	392	5	50	50	NUM
ftr-471	392	6	-	-	SYM
ftr-471	392	7	51	51	NUM
ftr-471	392	8	.	.	PUNCT
ftr-471	393	1	93	93	NUM
ftr-471	393	2	.	.	PUNCT
ftr-471	394	1	for	for	ADP
ftr-471	394	2	example	example	NOUN
ftr-471	394	3	,	,	PUNCT
ftr-471	394	4	the	the	DET
ftr-471	394	5	all	all	PRON
ftr-471	394	6	considered	consider	VERB
ftr-471	394	7	but	but	CCONJ
ftr-471	394	8	rejected	reject	VERB
ftr-471	394	9	a	a	DET
ftr-471	394	10	"	"	PUNCT
ftr-471	394	11	deferred	defer	VERB
ftr-471	394	12	-	-	PUNCT
ftr-471	394	13	sale	sale	NOUN
ftr-471	394	14	"	"	PUNCT
ftr-471	394	15	approach	approach	NOUN
ftr-471	394	16	to	to	ADP
ftr-471	394	17	contributions	contribution	NOUN
ftr-471	394	18	of	of	ADP
ftr-471	394	19	appreciated	appreciated	ADJ
ftr-471	394	20	property	property	NOUN
ftr-471	394	21	,	,	PUNCT
ftr-471	394	22	as	as	SCONJ
ftr-471	394	23	finally	finally	ADV
ftr-471	394	24	enacted	enact	VERB
ftr-471	394	25	by	by	ADP
ftr-471	394	26	congress	congress	PROPN
ftr-471	394	27	in	in	ADP
ftr-471	394	28	1984	1984	NUM
ftr-471	394	29	.	.	PUNCT
ftr-471	395	1	see	see	VERB
ftr-471	395	2	i	i	PRON
ftr-471	395	3	d.	d.	PROPN
ftr-471	395	4	at	at	ADP
ftr-471	395	5	13638	13638	NUM
ftr-471	395	6	;	;	PUNCT
ftr-471	395	7	see	see	VERB
ftr-471	395	8	also	also	ADV
ftr-471	395	9	irc	irc	VERB
ftr-471	395	10	§	§	PROPN
ftr-471	395	11	704(c	704(c	PROPN
ftr-471	395	12	)	)	PUNCT
ftr-471	395	13	and	and	CCONJ
ftr-471	395	14	regs	reg	NOUN
ftr-471	395	15	.	.	PUNCT
ftr-471	396	1	§	§	PROPN
ftr-471	396	2	1.704	1.704	NUM
ftr-471	396	3	-	-	SYM
ftr-471	396	4	3	3	NUM
ftr-471	396	5	;	;	PUNCT
ftr-471	396	6	gregory	gregory	PROPN
ftr-471	396	7	j.	j.	PROPN
ftr-471	396	8	marich	marich	PROPN
ftr-471	396	9	&	&	CCONJ
ftr-471	396	10	william	william	PROPN
ftr-471	396	11	s.	s.	PROPN
ftr-471	396	12	mckee	mckee	PROPN
ftr-471	396	13	,	,	PUNCT
ftr-471	396	14	sections	section	NOUN
ftr-471	396	15	704(c	704(c	NOUN
ftr-471	396	16	)	)	PUNCT
ftr-471	396	17	and	and	CCONJ
ftr-471	396	18	743(b	743(b	NUM
ftr-471	396	19	):	):	PUNCT
ftr-471	396	20	the	the	DET
ftr-471	396	21	shortcomings	shortcoming	NOUN
ftr-471	396	22	of	of	ADP
ftr-471	396	23	the	the	DET
ftr-471	396	24	existing	exist	VERB
ftr-471	396	25	regulations	regulation	NOUN
ftr-471	396	26	and	and	CCONJ
ftr-471	396	27	the	the	DET
ftr-471	396	28	problems	problem	NOUN
ftr-471	396	29	of	of	ADP
ftr-471	396	30	publicly	publicly	ADV
ftr-471	396	31	traded	trade	VERB
ftr-471	396	32	partnerships	partnership	NOUN
ftr-471	396	33	,	,	PUNCT
ftr-471	396	34	41	41	NUM
ftr-471	396	35	tax	tax	NOUN
ftr-471	396	36	l.	l.	PROPN
ftr-471	396	37	rev	rev	PROPN
ftr-471	396	38	.	.	PROPN
ftr-471	396	39	627	627	NUM
ftr-471	396	40	,	,	PUNCT
ftr-471	396	41	635	635	NUM
ftr-471	396	42	-	-	SYM
ftr-471	396	43	36	36	NUM
ftr-471	396	44	(	(	PUNCT
ftr-471	396	45	1986	1986	NUM
ftr-471	396	46	)	)	PUNCT
ftr-471	396	47	.	.	PUNCT
ftr-471	397	1	see	see	VERB
ftr-471	397	2	generally	generally	ADV
ftr-471	397	3	laura	laura	PROPN
ftr-471	397	4	e.	e.	PROPN
ftr-471	397	5	cunningham	cunningham	PROPN
ftr-471	397	6	&	&	CCONJ
ftr-471	397	7	noel	noel	PROPN
ftr-471	397	8	b.	b.	PROPN
ftr-471	397	9	cunningham	cunningham	PROPN
ftr-471	397	10	,	,	PUNCT
ftr-471	397	11	simplifying	simplify	VERB
ftr-471	397	12	subchapter	subchapter	NOUN
ftr-471	397	13	k	k	NOUN
ftr-471	397	14	:	:	PUNCT
ftr-471	397	15	the	the	DET
ftr-471	397	16	deferred	defer	VERB
ftr-471	397	17	sale	sale	NOUN
ftr-471	397	18	method	method	NOUN
ftr-471	397	19	,	,	PUNCT
ftr-471	397	20	51	51	NUM
ftr-471	397	21	smu	smu	PROPN
ftr-471	397	22	l.	l.	PROPN
ftr-471	397	23	rev	rev	PROPN
ftr-471	397	24	.	.	PROPN
ftr-471	397	25	1	1	NUM
ftr-471	397	26	(	(	PUNCT
ftr-471	397	27	1997	1997	NUM
ftr-471	397	28	)	)	PUNCT
ftr-471	397	29	.	.	PUNCT
ftr-471	398	1	94	94	X
ftr-471	398	2	.	.	PUNCT
ftr-471	399	1	see	see	VERB
ftr-471	399	2	william	william	PROPN
ftr-471	399	3	b.	b.	PROPN
ftr-471	399	4	brannan	brannan	PROPN
ftr-471	399	5	,	,	PUNCT
ftr-471	399	6	the	the	DET
ftr-471	399	7	subchapter	subchapter	NOUN
ftr-471	399	8	k	k	PROPN
ftr-471	399	9	reform	reform	PROPN
ftr-471	399	10	act	act	NOUN
ftr-471	399	11	of	of	ADP
ftr-471	399	12	1997	1997	NUM
ftr-471	399	13	,	,	PUNCT
ftr-471	399	14	75	75	NUM
ftr-471	399	15	tax	tax	NOUN
ftr-471	399	16	notes	note	NOUN
ftr-471	399	17	121	121	NUM
ftr-471	399	18	,	,	PUNCT
ftr-471	399	19	135	135	NUM
ftr-471	399	20	-	-	SYM
ftr-471	399	21	36	36	NUM
ftr-471	399	22	(	(	PUNCT
ftr-471	399	23	1997	1997	NUM
ftr-471	399	24	)	)	PUNCT
ftr-471	399	25	.	.	PUNCT
ftr-471	400	1	95	95	NUM
ftr-471	400	2	.	.	PUNCT
ftr-471	401	1	see	see	VERB
ftr-471	401	2	i	i	PRON
ftr-471	401	3	d.	d.	PROPN
ftr-471	401	4	at	at	ADP
ftr-471	401	5	136	136	NUM
ftr-471	401	6	;	;	PUNCT
ftr-471	402	1	cf	cf	NOUN
ftr-471	402	2	.	.	PUNCT
ftr-471	402	3	regs	regs	PROPN
ftr-471	402	4	.	.	PUNCT
ftr-471	403	1	§	§	PROPN
ftr-471	403	2	1.701	1.701	NUM
ftr-471	403	3	-	-	SYM
ftr-471	403	4	2	2	NUM
ftr-471	403	5	(	(	PUNCT
ftr-471	403	6	general	general	ADJ
ftr-471	403	7	anti	anti	ADJ
ftr-471	403	8	-	-	ADJ
ftr-471	403	9	abuse	abuse	ADJ
ftr-471	403	10	rules	rule	NOUN
ftr-471	403	11	)	)	PUNCT
ftr-471	403	12	.	.	PUNCT
ftr-471	404	1	[	[	X
ftr-471	404	2	vol	vol	NOUN
ftr-471	404	3	3:12	3:12	NUM
ftr-471	404	4	partnership	partnership	NOUN
ftr-471	404	5	distributions	distribution	NOUN
ftr-471	404	6	:	:	PUNCT
ftr-471	404	7	options	option	NOUN
ftr-471	404	8	for	for	ADP
ftr-471	404	9	reform	reform	NOUN
ftr-471	404	10	with	with	ADP
ftr-471	404	11	existing	exist	VERB
ftr-471	404	12	section	section	NOUN
ftr-471	404	13	751	751	NUM
ftr-471	404	14	(	(	PUNCT
ftr-471	404	15	b).9	b).9	PROPN
ftr-471	404	16	6	6	NUM
ftr-471	404	17	if	if	SCONJ
ftr-471	404	18	the	the	DET
ftr-471	404	19	permissiveness	permissiveness	NOUN
ftr-471	404	20	of	of	ADP
ftr-471	404	21	the	the	DET
ftr-471	404	22	current	current	ADJ
ftr-471	404	23	nonrecognition	nonrecognition	NOUN
ftr-471	404	24	rules	rule	NOUN
ftr-471	404	25	is	be	AUX
ftr-471	404	26	a	a	DET
ftr-471	404	27	cause	cause	NOUN
ftr-471	404	28	for	for	ADP
ftr-471	404	29	unease	unease	NOUN
ftr-471	404	30	,	,	PUNCT
ftr-471	404	31	however	however	ADV
ftr-471	404	32	,	,	PUNCT
ftr-471	404	33	a	a	DET
ftr-471	404	34	simpler	simple	ADJ
ftr-471	404	35	solution	solution	NOUN
ftr-471	404	36	is	be	AUX
ftr-471	404	37	available	available	ADJ
ftr-471	404	38	:	:	PUNCT
ftr-471	404	39	congress	congress	PROPN
ftr-471	404	40	could	could	AUX
ftr-471	404	41	repeal	repeal	VERB
ftr-471	404	42	section	section	NOUN
ftr-471	404	43	751(b	751(b	PROPN
ftr-471	404	44	)	)	PUNCT
ftr-471	404	45	and	and	CCONJ
ftr-471	404	46	require	require	VERB
ftr-471	404	47	gain	gain	NOUN
ftr-471	404	48	recognition	recognition	NOUN
ftr-471	404	49	whenever	whenever	SCONJ
ftr-471	404	50	a	a	DET
ftr-471	404	51	distribution	distribution	NOUN
ftr-471	404	52	results	result	VERB
ftr-471	404	53	in	in	ADP
ftr-471	404	54	an	an	DET
ftr-471	404	55	economic	economic	ADJ
ftr-471	404	56	exchange	exchange	NOUN
ftr-471	404	57	among	among	ADP
ftr-471	404	58	the	the	DET
ftr-471	404	59	partners	partner	NOUN
ftr-471	404	60	.	.	PUNCT
ftr-471	405	1	it	it	PRON
ftr-471	406	1	[	[	X
ftr-471	406	2	.	.	PUNCT
ftr-471	406	3	replacing	replace	VERB
ftr-471	406	4	section	section	NOUN
ftr-471	406	5	751(b	751(b	PROPN
ftr-471	406	6	)	)	PUNCT
ftr-471	406	7	with	with	ADP
ftr-471	406	8	a	a	DET
ftr-471	406	9	full	full	ADJ
ftr-471	406	10	-	-	PUNCT
ftr-471	406	11	recognition	recognition	NOUN
ftr-471	406	12	model	model	NOUN
ftr-471	406	13	a.	a.	NOUN
ftr-471	406	14	extending	extend	VERB
ftr-471	406	15	the	the	DET
ftr-471	406	16	subchapter	subchapter	NOUN
ftr-471	406	17	s	s	PART
ftr-471	406	18	model	model	NOUN
ftr-471	406	19	by	by	ADP
ftr-471	406	20	comparison	comparison	NOUN
ftr-471	406	21	to	to	ADP
ftr-471	406	22	subchapter	subchapter	PROPN
ftr-471	406	23	k	k	PROPN
ftr-471	406	24	,	,	PUNCT
ftr-471	406	25	subchapter	subchapter	NOUN
ftr-471	406	26	s	s	PART
ftr-471	406	27	treats	treat	VERB
ftr-471	406	28	property	property	NOUN
ftr-471	406	29	distributions	distribution	NOUN
ftr-471	406	30	much	much	ADV
ftr-471	406	31	less	less	ADV
ftr-471	406	32	favorably	favorably	ADV
ftr-471	406	33	.	.	PUNCT
ftr-471	407	1	perhaps	perhaps	ADV
ftr-471	407	2	influenced	influence	VERB
ftr-471	407	3	by	by	ADP
ftr-471	407	4	the	the	DET
ftr-471	407	5	experience	experience	NOUN
ftr-471	407	6	with	with	ADP
ftr-471	407	7	section	section	NOUN
ftr-471	407	8	751(b	751(b	PROPN
ftr-471	407	9	)	)	PUNCT
ftr-471	407	10	,	,	PUNCT
ftr-471	407	11	the	the	DET
ftr-471	407	12	1958	1958	NUM
ftr-471	407	13	drafters	drafter	NOUN
ftr-471	407	14	of	of	ADP
ftr-471	407	15	subchapter	subchapter	NOUN
ftr-471	407	16	s	s	VERB
ftr-471	407	17	opted	opt	VERB
ftr-471	407	18	to	to	PART
ftr-471	407	19	treat	treat	VERB
ftr-471	407	20	a	a	DET
ftr-471	407	21	distribution	distribution	NOUN
ftr-471	407	22	of	of	ADP
ftr-471	407	23	appreciated	appreciated	ADJ
ftr-471	407	24	property	property	NOUN
ftr-471	407	25	as	as	ADP
ftr-471	407	26	a	a	DET
ftr-471	407	27	taxable	taxable	ADJ
ftr-471	407	28	event.97	event.97	NOUN
ftr-471	407	29	recently	recently	ADV
ftr-471	407	30	,	,	PUNCT
ftr-471	407	31	curtis	curtis	PROPN
ftr-471	407	32	j.	j.	PROPN
ftr-471	407	33	berger	berger	PROPN
ftr-471	407	34	has	have	AUX
ftr-471	407	35	proposed	propose	VERB
ftr-471	407	36	that	that	PRON
ftr-471	407	37	subchapter	subchapter	NOUN
ftr-471	407	38	s	s	PART
ftr-471	407	39	principles	principle	NOUN
ftr-471	407	40	be	be	AUX
ftr-471	407	41	extended	extend	VERB
ftr-471	407	42	to	to	PART
ftr-471	407	43	subchapter	subchapter	NOUN
ftr-471	407	44	k.9	k.9	PROPN
ftr-471	407	45	,	,	PUNCT
ftr-471	407	46	in	in	ADP
ftr-471	407	47	general	general	ADJ
ftr-471	407	48	,	,	PUNCT
ftr-471	407	49	berger	berger	PROPN
ftr-471	407	50	would	would	AUX
ftr-471	407	51	require	require	VERB
ftr-471	407	52	recognition	recognition	NOUN
ftr-471	407	53	of	of	ADP
ftr-471	407	54	gain	gain	NOUN
ftr-471	407	55	or	or	CCONJ
ftr-471	407	56	loss	loss	NOUN
ftr-471	407	57	whenever	whenever	SCONJ
ftr-471	407	58	a	a	DET
ftr-471	407	59	partnership	partnership	NOUN
ftr-471	407	60	distributes	distribute	VERB
ftr-471	407	61	appreciated	appreciate	VERB
ftr-471	407	62	or	or	CCONJ
ftr-471	407	63	depreciated	depreciate	VERB
ftr-471	407	64	property.9	property.9	PROPN
ftr-471	407	65	moreover	moreover	ADV
ftr-471	407	66	,	,	PUNCT
ftr-471	407	67	any	any	DET
ftr-471	407	68	disproportionate	disproportionate	ADJ
ftr-471	407	69	distribution	distribution	NOUN
ftr-471	407	70	that	that	PRON
ftr-471	407	71	reduces	reduce	VERB
ftr-471	407	72	a	a	DET
ftr-471	407	73	partner	partner	NOUN
ftr-471	407	74	's	's	PART
ftr-471	407	75	interest	interest	NOUN
ftr-471	407	76	in	in	ADP
ftr-471	407	77	the	the	DET
ftr-471	407	78	partnership	partnership	NOUN
ftr-471	407	79	would	would	AUX
ftr-471	407	80	be	be	AUX
ftr-471	407	81	treated	treat	VERB
ftr-471	407	82	"	"	PUNCT
ftr-471	407	83	as	as	ADP
ftr-471	407	84	a	a	DET
ftr-471	407	85	taxable	taxable	ADJ
ftr-471	407	86	exchange	exchange	NOUN
ftr-471	407	87	,	,	PUNCT
ftr-471	407	88	in	in	ADP
ftr-471	407	89	the	the	DET
ftr-471	407	90	corporate	corporate	ADJ
ftr-471	407	91	fashion	fashion	NOUN
ftr-471	407	92	.	.	PUNCT
ftr-471	407	93	"	"	PUNCT
ftr-471	407	94	''	''	PUNCT
ftr-471	407	95	berger	berger	PROPN
ftr-471	407	96	's	's	PART
ftr-471	407	97	approach	approach	NOUN
ftr-471	407	98	is	be	AUX
ftr-471	407	99	premised	premise	VERB
ftr-471	407	100	on	on	ADP
ftr-471	407	101	his	his	PRON
ftr-471	407	102	choice	choice	NOUN
ftr-471	407	103	of	of	ADP
ftr-471	407	104	the	the	DET
ftr-471	407	105	s	s	PROPN
ftr-471	407	106	corporation	corporation	NOUN
ftr-471	407	107	model	model	NOUN
ftr-471	407	108	as	as	ADP
ftr-471	407	109	the	the	DET
ftr-471	407	110	preferred	preferred	ADJ
ftr-471	407	111	form	form	NOUN
ftr-471	407	112	of	of	ADP
ftr-471	407	113	organization	organization	NOUN
ftr-471	407	114	for	for	ADP
ftr-471	407	115	small	small	ADJ
ftr-471	407	116	business	business	NOUN
ftr-471	407	117	.	.	PUNCT
ftr-471	407	118	'	'	PUNCT
ftr-471	408	1	in	in	ADP
ftr-471	408	2	seeking	seek	VERB
ftr-471	408	3	to	to	PART
ftr-471	408	4	harmonize	harmonize	VERB
ftr-471	408	5	the	the	DET
ftr-471	408	6	distribution	distribution	NOUN
ftr-471	408	7	rules	rule	NOUN
ftr-471	408	8	of	of	ADP
ftr-471	408	9	subchapters	subchapter	NOUN
ftr-471	408	10	s	s	PART
ftr-471	408	11	and	and	CCONJ
ftr-471	408	12	k	k	NOUN
ftr-471	408	13	,	,	PUNCT
ftr-471	408	14	he	he	PRON
ftr-471	408	15	considers	consider	VERB
ftr-471	408	16	"	"	PUNCT
ftr-471	408	17	the	the	DET
ftr-471	408	18	corporate	corporate	ADJ
ftr-471	408	19	rule	rule	NOUN
ftr-471	408	20	,	,	PUNCT
ftr-471	408	21	or	or	CCONJ
ftr-471	408	22	some	some	DET
ftr-471	408	23	slight	slight	ADJ
ftr-471	408	24	variant	variant	NOUN
ftr-471	408	25	thereof	thereof	ADV
ftr-471	408	26	,	,	PUNCT
ftr-471	408	27	by	by	ADP
ftr-471	408	28	far	far	ADV
ftr-471	408	29	the	the	DET
ftr-471	408	30	more	more	ADV
ftr-471	408	31	defensible	defensible	ADJ
ftr-471	408	32	.	.	PUNCT
ftr-471	409	1	"'0	"'0	VERB
ftr-471	409	2	2	2	X
ftr-471	409	3	he	he	PRON
ftr-471	409	4	would	would	AUX
ftr-471	409	5	continue	continue	VERB
ftr-471	409	6	to	to	PART
ftr-471	409	7	treat	treat	VERB
ftr-471	409	8	partnership	partnership	NOUN
ftr-471	409	9	contributions	contribution	NOUN
ftr-471	409	10	as	as	ADP
ftr-471	409	11	taxfree	taxfree	NOUN
ftr-471	409	12	,	,	PUNCT
ftr-471	409	13	under	under	ADP
ftr-471	409	14	section	section	NOUN
ftr-471	409	15	721	721	NUM
ftr-471	409	16	,	,	PUNCT
ftr-471	409	17	in	in	ADP
ftr-471	409	18	order	order	NOUN
ftr-471	409	19	to	to	PART
ftr-471	409	20	"	"	PUNCT
ftr-471	409	21	facilitate	facilitate	VERB
ftr-471	409	22	the	the	DET
ftr-471	409	23	creation	creation	NOUN
ftr-471	409	24	and	and	CCONJ
ftr-471	409	25	growth	growth	NOUN
ftr-471	409	26	of	of	ADP
ftr-471	409	27	joint	joint	ADJ
ftr-471	409	28	business	business	NOUN
ftr-471	409	29	ventures	venture	NOUN
ftr-471	409	30	.	.	PUNCT
ftr-471	410	1	"	"	PUNCT
ftr-471	410	2	'	'	PUNCT
ftr-471	410	3	3	3	NUM
ftr-471	410	4	once	once	SCONJ
ftr-471	410	5	the	the	DET
ftr-471	410	6	partnership	partnership	NOUN
ftr-471	410	7	's	's	PART
ftr-471	410	8	business	business	NOUN
ftr-471	410	9	has	have	AUX
ftr-471	410	10	commenced	commence	VERB
ftr-471	410	11	,	,	PUNCT
ftr-471	410	12	96	96	NUM
ftr-471	410	13	.	.	PUNCT
ftr-471	411	1	see	see	VERB
ftr-471	411	2	cunningham	cunningham	PROPN
ftr-471	411	3	,	,	PUNCT
ftr-471	411	4	supra	supra	PROPN
ftr-471	411	5	note	note	NOUN
ftr-471	411	6	12	12	NUM
ftr-471	411	7	,	,	PUNCT
ftr-471	411	8	at	at	ADP
ftr-471	411	9	93	93	NUM
ftr-471	411	10	(	(	PUNCT
ftr-471	411	11	commenting	comment	VERB
ftr-471	411	12	,	,	PUNCT
ftr-471	411	13	in	in	ADP
ftr-471	411	14	another	another	DET
ftr-471	411	15	context	context	NOUN
ftr-471	411	16	,	,	PUNCT
ftr-471	411	17	that	that	SCONJ
ftr-471	411	18	"	"	PUNCT
ftr-471	411	19	[	[	X
ftr-471	411	20	s]ince	s]ince	NOUN
ftr-471	411	21	§	§	PROPN
ftr-471	411	22	751(b	751(b	PROPN
ftr-471	411	23	)	)	PUNCT
ftr-471	411	24	is	be	AUX
ftr-471	411	25	virtually	virtually	ADV
ftr-471	411	26	ignored	ignore	VERB
ftr-471	411	27	under	under	ADP
ftr-471	411	28	current	current	ADJ
ftr-471	411	29	law	law	NOUN
ftr-471	411	30	,	,	PUNCT
ftr-471	411	31	as	as	ADP
ftr-471	411	32	a	a	DET
ftr-471	411	33	practical	practical	ADJ
ftr-471	411	34	matter	matter	NOUN
ftr-471	411	35	,	,	PUNCT
ftr-471	411	36	there	there	PRON
ftr-471	411	37	is	be	VERB
ftr-471	411	38	no	no	DET
ftr-471	411	39	downside	downside	ADJ
ftr-471	411	40	risk	risk	NOUN
ftr-471	411	41	"	"	PUNCT
ftr-471	411	42	)	)	PUNCT
ftr-471	411	43	;	;	PUNCT
ftr-471	411	44	see	see	VERB
ftr-471	411	45	also	also	ADV
ftr-471	411	46	ali	ali	PROPN
ftr-471	411	47	,	,	PUNCT
ftr-471	411	48	pass	pass	VERB
ftr-471	411	49	-	-	PUNCT
ftr-471	411	50	through	through	ADP
ftr-471	411	51	entities	entity	NOUN
ftr-471	411	52	,	,	PUNCT
ftr-471	411	53	tentative	tentative	ADJ
ftr-471	411	54	draft	draft	NOUN
ftr-471	411	55	memorandum	memorandum	NOUN
ftr-471	411	56	no	no	INTJ
ftr-471	411	57	.	.	NOUN
ftr-471	411	58	2	2	NUM
ftr-471	411	59	,	,	PUNCT
ftr-471	411	60	supra	supra	NOUN
ftr-471	411	61	note	note	NOUN
ftr-471	411	62	3	3	NUM
ftr-471	411	63	,	,	PUNCT
ftr-471	411	64	at	at	ADP
ftr-471	411	65	137	137	NUM
ftr-471	411	66	(	(	PUNCT
ftr-471	411	67	remarking	remark	VERB
ftr-471	411	68	on	on	ADP
ftr-471	411	69	low	low	ADJ
ftr-471	411	70	level	level	NOUN
ftr-471	411	71	of	of	ADP
ftr-471	411	72	compliance	compliance	NOUN
ftr-471	411	73	with	with	ADP
ftr-471	411	74	§	§	PROPN
ftr-471	411	75	751(b	751(b	PROPN
ftr-471	411	76	)	)	PUNCT
ftr-471	411	77	)	)	PUNCT
ftr-471	411	78	.	.	PUNCT
ftr-471	412	1	97	97	NUM
ftr-471	412	2	.	.	PUNCT
ftr-471	413	1	see	see	VERB
ftr-471	413	2	eustice	eustice	NOUN
ftr-471	413	3	,	,	PUNCT
ftr-471	413	4	supra	supra	PROPN
ftr-471	413	5	note	note	NOUN
ftr-471	413	6	10	10	NUM
ftr-471	413	7	,	,	PUNCT
ftr-471	413	8	at	at	ADP
ftr-471	413	9	383	383	NUM
ftr-471	413	10	.	.	PUNCT
ftr-471	414	1	of	of	ADP
ftr-471	414	2	course	course	NOUN
ftr-471	414	3	,	,	PUNCT
ftr-471	414	4	s	s	VERB
ftr-471	414	5	corporations	corporation	NOUN
ftr-471	414	6	remain	remain	VERB
ftr-471	414	7	subject	subject	ADJ
ftr-471	414	8	to	to	ADP
ftr-471	414	9	§	§	PROPN
ftr-471	414	10	341	341	NUM
ftr-471	414	11	,	,	PUNCT
ftr-471	414	12	the	the	DET
ftr-471	414	13	collapsible	collapsible	ADJ
ftr-471	414	14	corporation	corporation	NOUN
ftr-471	414	15	provision	provision	NOUN
ftr-471	414	16	.	.	PUNCT
ftr-471	415	1	see	see	VERB
ftr-471	415	2	irc	irc	PROPN
ftr-471	415	3	§	§	PROPN
ftr-471	415	4	341	341	NUM
ftr-471	415	5	;	;	PUNCT
ftr-471	415	6	a.b.a	a.b.a	NOUN
ftr-471	415	7	.	.	PUNCT
ftr-471	415	8	tax	tax	NOUN
ftr-471	415	9	section	section	NOUN
ftr-471	415	10	.	.	PUNCT
ftr-471	416	1	comm	comm	NOUN
ftr-471	416	2	.	.	PUNCT
ftr-471	417	1	on	on	ADP
ftr-471	417	2	s	s	PART
ftr-471	417	3	corporations	corporation	NOUN
ftr-471	417	4	subcomm	subcomm	NOUN
ftr-471	417	5	.	.	PUNCT
ftr-471	418	1	on	on	ADP
ftr-471	418	2	the	the	DET
ftr-471	418	3	comparison	comparison	NOUN
ftr-471	418	4	of	of	ADP
ftr-471	418	5	s	s	PROPN
ftr-471	418	6	corporations	corporation	NOUN
ftr-471	418	7	and	and	CCONJ
ftr-471	418	8	partnerships	partnership	NOUN
ftr-471	418	9	,	,	PUNCT
ftr-471	418	10	report	report	NOUN
ftr-471	418	11	on	on	ADP
ftr-471	418	12	the	the	DET
ftr-471	418	13	comparison	comparison	NOUN
ftr-471	418	14	of	of	ADP
ftr-471	418	15	s	s	PROPN
ftr-471	418	16	corporations	corporation	NOUN
ftr-471	418	17	and	and	CCONJ
ftr-471	418	18	partnerships	partnership	NOUN
ftr-471	418	19	(	(	PUNCT
ftr-471	418	20	pl	pl	PROPN
ftr-471	418	21	2	2	NUM
ftr-471	418	22	)	)	PUNCT
ftr-471	418	23	,	,	PUNCT
ftr-471	418	24	reprinted	reprint	VERB
ftr-471	418	25	in	in	ADP
ftr-471	418	26	44	44	NUM
ftr-471	418	27	tax	tax	NOUN
ftr-471	418	28	law	law	NOUN
ftr-471	418	29	.	.	PUNCT
ftr-471	419	1	813	813	NUM
ftr-471	419	2	,	,	PUNCT
ftr-471	419	3	855	855	NUM
ftr-471	419	4	(	(	PUNCT
ftr-471	419	5	1991	1991	NUM
ftr-471	419	6	)	)	PUNCT
ftr-471	419	7	(	(	PUNCT
ftr-471	419	8	proposing	propose	VERB
ftr-471	419	9	to	to	PART
ftr-471	419	10	exempt	exempt	VERB
ftr-471	419	11	s	s	PART
ftr-471	419	12	corporations	corporation	NOUN
ftr-471	419	13	from	from	ADP
ftr-471	419	14	§	§	PROPN
ftr-471	419	15	341	341	NUM
ftr-471	419	16	)	)	PUNCT
ftr-471	419	17	.	.	PUNCT
ftr-471	420	1	98	98	NUM
ftr-471	420	2	.	.	PUNCT
ftr-471	421	1	see	see	VERB
ftr-471	421	2	berger	berger	PROPN
ftr-471	421	3	,	,	PUNCT
ftr-471	421	4	supra	supra	PROPN
ftr-471	421	5	note	note	PROPN
ftr-471	421	6	11	11	NUM
ftr-471	421	7	,	,	PUNCT
ftr-471	421	8	at	at	ADP
ftr-471	421	9	108	108	NUM
ftr-471	421	10	.	.	PUNCT
ftr-471	422	1	99	99	NUM
ftr-471	422	2	.	.	PUNCT
ftr-471	423	1	see	see	VERB
ftr-471	423	2	i	i	PRON
ftr-471	423	3	d.	d.	PROPN
ftr-471	423	4	at	at	ADP
ftr-471	423	5	109	109	NUM
ftr-471	423	6	.	.	NOUN
ftr-471	423	7	100	100	NUM
ftr-471	423	8	.	.	PUNCT
ftr-471	424	1	see	see	VERB
ftr-471	424	2	i	i	PRON
ftr-471	424	3	d.	d.	PROPN
ftr-471	424	4	at	at	ADP
ftr-471	424	5	153	153	NUM
ftr-471	424	6	.	.	PUNCT
ftr-471	425	1	101	101	NUM
ftr-471	425	2	.	.	PUNCT
ftr-471	426	1	see	see	VERB
ftr-471	426	2	i	i	PRON
ftr-471	426	3	d.	d.	PROPN
ftr-471	426	4	at	at	ADP
ftr-471	426	5	107	107	NUM
ftr-471	426	6	(	(	PUNCT
ftr-471	426	7	referring	refer	VERB
ftr-471	426	8	to	to	ADP
ftr-471	426	9	subchapter	subchapter	NOUN
ftr-471	426	10	k	k	PROPN
ftr-471	426	11	as	as	ADP
ftr-471	426	12	"	"	PUNCT
ftr-471	426	13	the	the	DET
ftr-471	426	14	code	code	NOUN
ftr-471	426	15	's	's	PART
ftr-471	426	16	fair	fair	ADJ
ftr-471	426	17	haired	haired	ADJ
ftr-471	426	18	child-	child-	NUM
ftr-471	426	19	)	)	PUNCT
ftr-471	426	20	;	;	PUNCT
ftr-471	427	1	cf	cf	X
ftr-471	427	2	.	.	PUNCT
ftr-471	428	1	kurtz	kurtz	PROPN
ftr-471	428	2	,	,	PUNCT
ftr-471	428	3	supra	supra	PROPN
ftr-471	428	4	note	note	NOUN
ftr-471	428	5	2	2	NUM
ftr-471	428	6	,	,	PUNCT
ftr-471	428	7	at	at	ADP
ftr-471	428	8	832	832	NUM
ftr-471	428	9	(	(	PUNCT
ftr-471	428	10	suggesting	suggest	VERB
ftr-471	428	11	that	that	SCONJ
ftr-471	428	12	proposed	propose	VERB
ftr-471	428	13	changes	change	NOUN
ftr-471	428	14	are	be	AUX
ftr-471	428	15	unnecessary	unnecessary	ADJ
ftr-471	428	16	because	because	SCONJ
ftr-471	428	17	limited	limited	ADJ
ftr-471	428	18	liability	liability	NOUN
ftr-471	428	19	companies	company	NOUN
ftr-471	428	20	will	will	AUX
ftr-471	428	21	become	become	VERB
ftr-471	428	22	the	the	DET
ftr-471	428	23	"	"	PUNCT
ftr-471	428	24	vehicle	vehicle	NOUN
ftr-471	428	25	of	of	ADP
ftr-471	428	26	choice	choice	NOUN
ftr-471	428	27	"	"	PUNCT
ftr-471	428	28	)	)	PUNCT
ftr-471	428	29	.	.	PUNCT
ftr-471	429	1	102	102	X
ftr-471	429	2	.	.	PUNCT
ftr-471	430	1	see	see	VERB
ftr-471	430	2	berger	berger	PROPN
ftr-471	430	3	,	,	PUNCT
ftr-471	430	4	supra	supra	PROPN
ftr-471	430	5	note	note	PROPN
ftr-471	430	6	11	11	NUM
ftr-471	430	7	,	,	PUNCT
ftr-471	430	8	at	at	ADP
ftr-471	430	9	154	154	NUM
ftr-471	430	10	.	.	PUNCT
ftr-471	430	11	103	103	NUM
ftr-471	430	12	.	.	PUNCT
ftr-471	431	1	see	see	VERB
ftr-471	431	2	i	i	PRON
ftr-471	431	3	d.	d.	PROPN
ftr-471	431	4	;	;	PUNCT
ftr-471	431	5	see	see	VERB
ftr-471	431	6	also	also	ADV
ftr-471	431	7	daniel	daniel	PROPN
ftr-471	431	8	n.	n.	PROPN
ftr-471	431	9	shaviro	shaviro	PROPN
ftr-471	431	10	,	,	PUNCT
ftr-471	431	11	an	an	DET
ftr-471	431	12	efficiency	efficiency	NOUN
ftr-471	431	13	analysis	analysis	NOUN
ftr-471	431	14	of	of	ADP
ftr-471	431	15	realization	realization	NOUN
ftr-471	431	16	and	and	CCONJ
ftr-471	431	17	recognition	recognition	NOUN
ftr-471	431	18	rules	rule	NOUN
ftr-471	431	19	under	under	ADP
ftr-471	431	20	the	the	DET
ftr-471	431	21	federal	federal	ADJ
ftr-471	431	22	income	income	NOUN
ftr-471	431	23	tax	tax	NOUN
ftr-471	431	24	.	.	PUNCT
ftr-471	432	1	48	48	NUM
ftr-471	432	2	tax	tax	NOUN
ftr-471	432	3	l.	l.	PROPN
ftr-471	432	4	rev	rev	PROPN
ftr-471	432	5	.	.	PROPN
ftr-471	433	1	1	1	NUM
ftr-471	433	2	.	.	NUM
ftr-471	433	3	49	49	NUM
ftr-471	433	4	(	(	PUNCT
ftr-471	433	5	1992	1992	NUM
ftr-471	433	6	)	)	PUNCT
ftr-471	433	7	(	(	PUNCT
ftr-471	433	8	arguing	argue	VERB
ftr-471	433	9	that	that	SCONJ
ftr-471	433	10	§	§	PROPN
ftr-471	433	11	721	721	NUM
ftr-471	433	12	nonrecognition	nonrecognition	NOUN
ftr-471	433	13	treatment	treatment	NOUN
ftr-471	433	14	may	may	AUX
ftr-471	433	15	be	be	AUX
ftr-471	433	16	"	"	PUNCT
ftr-471	433	17	efficient	efficient	ADJ
ftr-471	433	18	"	"	PUNCT
ftr-471	433	19	because	because	SCONJ
ftr-471	433	20	contributions	contribution	NOUN
ftr-471	433	21	"	"	PUNCT
ftr-471	433	22	may	may	AUX
ftr-471	433	23	have	have	VERB
ftr-471	433	24	little	little	ADJ
ftr-471	433	25	19981	19981	NUM
ftr-471	433	26	florida	florida	PROPN
ftr-471	433	27	tax	tax	NOUN
ftr-471	433	28	review	review	NOUN
ftr-471	433	29	however	however	ADV
ftr-471	433	30	,	,	PUNCT
ftr-471	433	31	he	he	PRON
ftr-471	433	32	finds	find	VERB
ftr-471	433	33	the	the	DET
ftr-471	433	34	rationale	rationale	NOUN
ftr-471	433	35	for	for	ADP
ftr-471	433	36	continued	continue	VERB
ftr-471	433	37	nonrecognition	nonrecognition	NOUN
ftr-471	433	38	treatment	treatment	NOUN
ftr-471	433	39	less	less	ADV
ftr-471	433	40	compelling	compelling	ADJ
ftr-471	433	41	,	,	PUNCT
ftr-471	433	42	and	and	CCONJ
ftr-471	433	43	upon	upon	SCONJ
ftr-471	433	44	liquidation	liquidation	NOUN
ftr-471	433	45	the	the	DET
ftr-471	433	46	justification	justification	NOUN
ftr-471	433	47	for	for	ADP
ftr-471	433	48	nonrecognition	nonrecognition	NOUN
ftr-471	433	49	"	"	PUNCT
ftr-471	433	50	virtually	virtually	ADV
ftr-471	433	51	disappears	disappear	VERB
ftr-471	433	52	"	"	PUNCT
ftr-471	433	53	given	give	VERB
ftr-471	433	54	the	the	DET
ftr-471	433	55	unlikelihood	unlikelihood	NOUN
ftr-471	433	56	that	that	SCONJ
ftr-471	433	57	the	the	DET
ftr-471	433	58	existing	exist	VERB
ftr-471	433	59	business	business	NOUN
ftr-471	433	60	will	will	AUX
ftr-471	433	61	continue	continue	VERB
ftr-471	433	62	to	to	PART
ftr-471	433	63	be	be	AUX
ftr-471	433	64	carried	carry	VERB
ftr-471	433	65	on	on	ADP
ftr-471	433	66	.	.	PUNCT
ftr-471	433	67	"	"	PUNCT
ftr-471	434	1	°	°	PRON
ftr-471	434	2	thus	thus	ADV
ftr-471	434	3	,	,	PUNCT
ftr-471	434	4	berger	berger	PROPN
ftr-471	434	5	would	would	AUX
ftr-471	434	6	treat	treat	VERB
ftr-471	434	7	a	a	DET
ftr-471	434	8	distribution	distribution	NOUN
ftr-471	434	9	of	of	ADP
ftr-471	434	10	partnership	partnership	NOUN
ftr-471	434	11	property	property	NOUN
ftr-471	434	12	as	as	ADP
ftr-471	434	13	a	a	DET
ftr-471	434	14	taxable	taxable	ADJ
ftr-471	434	15	event	event	NOUN
ftr-471	434	16	on	on	ADP
ftr-471	434	17	the	the	DET
ftr-471	434	18	theory	theory	NOUN
ftr-471	434	19	that	that	SCONJ
ftr-471	434	20	it	it	PRON
ftr-471	434	21	represents	represent	VERB
ftr-471	434	22	a	a	DET
ftr-471	434	23	partial	partial	ADJ
ftr-471	434	24	disinvestment	disinvestment	NOUN
ftr-471	434	25	.	.	PUNCT
ftr-471	435	1	to	to	PART
ftr-471	435	2	avoid	avoid	VERB
ftr-471	435	3	deterring	deter	VERB
ftr-471	435	4	the	the	DET
ftr-471	435	5	formation	formation	NOUN
ftr-471	435	6	of	of	ADP
ftr-471	435	7	partnerships	partnership	NOUN
ftr-471	435	8	,	,	PUNCT
ftr-471	435	9	he	he	PRON
ftr-471	435	10	would	would	AUX
ftr-471	435	11	nevertheless	nevertheless	ADV
ftr-471	435	12	allow	allow	VERB
ftr-471	435	13	a	a	DET
ftr-471	435	14	tax	tax	NOUN
ftr-471	435	15	-	-	PUNCT
ftr-471	435	16	free	free	ADJ
ftr-471	435	17	distribution	distribution	NOUN
ftr-471	435	18	of	of	ADP
ftr-471	435	19	contributed	contribute	VERB
ftr-471	435	20	property	property	NOUN
ftr-471	435	21	to	to	ADP
ftr-471	435	22	the	the	DET
ftr-471	435	23	contributing	contribute	VERB
ftr-471	435	24	partner	partner	NOUN
ftr-471	435	25	,	,	PUNCT
ftr-471	435	26	but	but	CCONJ
ftr-471	435	27	only	only	ADV
ftr-471	435	28	to	to	ADP
ftr-471	435	29	the	the	DET
ftr-471	435	30	extent	extent	NOUN
ftr-471	435	31	of	of	ADP
ftr-471	435	32	any	any	DET
ftr-471	435	33	pre	pre	ADJ
ftr-471	435	34	-	-	ADJ
ftr-471	435	35	contribution	contribution	ADJ
ftr-471	435	36	gain	gain	NOUN
ftr-471	435	37	(	(	PUNCT
ftr-471	435	38	or	or	CCONJ
ftr-471	435	39	loss	loss	NOUN
ftr-471	435	40	)	)	PUNCT
ftr-471	435	41	.	.	PUNCT
ftr-471	436	1	105	105	NUM
ftr-471	437	1	although	although	SCONJ
ftr-471	437	2	berger	berger	PROPN
ftr-471	437	3	apparently	apparently	ADV
ftr-471	437	4	would	would	AUX
ftr-471	437	5	retain	retain	VERB
ftr-471	437	6	section	section	NOUN
ftr-471	437	7	751(a	751(a	PROPN
ftr-471	437	8	)	)	PUNCT
ftr-471	437	9	,	,	PUNCT
ftr-471	437	10	he	he	PRON
ftr-471	437	11	claims	claim	VERB
ftr-471	437	12	that	that	SCONJ
ftr-471	437	13	his	his	PRON
ftr-471	437	14	proposal	proposal	NOUN
ftr-471	437	15	"	"	PUNCT
ftr-471	437	16	would	would	AUX
ftr-471	437	17	make	make	VERB
ftr-471	437	18	[	[	X
ftr-471	437	19	section	section	NOUN
ftr-471	437	20	]	]	X
ftr-471	437	21	751(b	751(b	NOUN
ftr-471	437	22	)	)	PUNCT
ftr-471	437	23	almost	almost	ADV
ftr-471	437	24	redundant	redundant	ADJ
ftr-471	437	25	.	.	PUNCT
ftr-471	438	1	"	"	PUNCT
ftr-471	438	2	'	'	PUNCT
ftr-471	438	3	10	10	NUM
ftr-471	438	4	6	6	NUM
ftr-471	438	5	a	a	DET
ftr-471	438	6	non	non	ADJ
ftr-471	438	7	-	-	ADJ
ftr-471	438	8	pro	pro	ADJ
ftr-471	438	9	rata	rata	ADJ
ftr-471	438	10	current	current	ADJ
ftr-471	438	11	or	or	CCONJ
ftr-471	438	12	liquidating	liquidate	VERB
ftr-471	438	13	distribution	distribution	NOUN
ftr-471	438	14	of	of	ADP
ftr-471	438	15	cash	cash	NOUN
ftr-471	438	16	could	could	AUX
ftr-471	438	17	nevertheless	nevertheless	ADV
ftr-471	438	18	give	give	VERB
ftr-471	438	19	rise	rise	NOUN
ftr-471	438	20	to	to	ADP
ftr-471	438	21	shifting	shift	VERB
ftr-471	438	22	of	of	ADP
ftr-471	438	23	ordinary	ordinary	ADJ
ftr-471	438	24	income	income	NOUN
ftr-471	438	25	and	and	CCONJ
ftr-471	438	26	capital	capital	NOUN
ftr-471	438	27	gain.1	gain.1	PROPN
ftr-471	438	28	°	°	NOUN
ftr-471	438	29	7	7	NUM
ftr-471	438	30	moreover	moreover	ADV
ftr-471	438	31	,	,	PUNCT
ftr-471	438	32	cash	cash	NOUN
ftr-471	438	33	liquidating	liquidating	NOUN
ftr-471	438	34	distributions	distribution	NOUN
ftr-471	438	35	and	and	CCONJ
ftr-471	438	36	sales	sale	NOUN
ftr-471	438	37	of	of	ADP
ftr-471	438	38	partnership	partnership	NOUN
ftr-471	438	39	interests	interest	NOUN
ftr-471	438	40	would	would	AUX
ftr-471	438	41	no	no	ADV
ftr-471	438	42	longer	long	ADV
ftr-471	438	43	be	be	AUX
ftr-471	438	44	treated	treat	VERB
ftr-471	438	45	equivalently	equivalently	ADV
ftr-471	438	46	.	.	PUNCT
ftr-471	439	1	in	in	ADP
ftr-471	439	2	the	the	DET
ftr-471	439	3	absence	absence	NOUN
ftr-471	439	4	of	of	ADP
ftr-471	439	5	a	a	DET
ftr-471	439	6	section	section	NOUN
ftr-471	439	7	734(b	734(b	NOUN
ftr-471	439	8	)	)	PUNCT
ftr-471	439	9	adjustment	adjustment	NOUN
ftr-471	439	10	,	,	PUNCT
ftr-471	439	11	inside	inside	ADP
ftr-471	439	12	basis	basis	NOUN
ftr-471	439	13	would	would	AUX
ftr-471	439	14	not	not	PART
ftr-471	439	15	be	be	AUX
ftr-471	439	16	adjusted	adjust	VERB
ftr-471	439	17	to	to	PART
ftr-471	439	18	reflect	reflect	VERB
ftr-471	439	19	the	the	DET
ftr-471	439	20	"	"	PUNCT
ftr-471	439	21	purchase	purchase	NOUN
ftr-471	439	22	"	"	PUNCT
ftr-471	439	23	of	of	ADP
ftr-471	439	24	the	the	DET
ftr-471	439	25	withdrawing	withdraw	VERB
ftr-471	439	26	partner	partner	NOUN
ftr-471	439	27	's	's	PART
ftr-471	439	28	interest	interest	NOUN
ftr-471	439	29	following	follow	VERB
ftr-471	439	30	a	a	DET
ftr-471	439	31	liquidating	liquidate	VERB
ftr-471	439	32	distribution	distribution	NOUN
ftr-471	439	33	of	of	ADP
ftr-471	439	34	cash	cash	NOUN
ftr-471	439	35	.	.	PUNCT
ftr-471	440	1	as	as	ADP
ftr-471	440	2	a	a	DET
ftr-471	440	3	result	result	NOUN
ftr-471	440	4	,	,	PUNCT
ftr-471	440	5	both	both	CCONJ
ftr-471	440	6	the	the	DET
ftr-471	440	7	distributee	distributee	NOUN
ftr-471	440	8	and	and	CCONJ
ftr-471	440	9	the	the	DET
ftr-471	440	10	continuing	continue	VERB
ftr-471	440	11	partners	partner	NOUN
ftr-471	440	12	would	would	AUX
ftr-471	440	13	be	be	AUX
ftr-471	440	14	taxed	tax	VERB
ftr-471	440	15	twice	twice	ADV
ftr-471	440	16	on	on	ADP
ftr-471	440	17	unrealized	unrealized	ADJ
ftr-471	440	18	appreciation	appreciation	NOUN
ftr-471	440	19	in	in	ADP
ftr-471	440	20	partnership	partnership	NOUN
ftr-471	440	21	assets	asset	NOUN
ftr-471	440	22	attributable	attributable	ADJ
ftr-471	440	23	to	to	ADP
ftr-471	440	24	the	the	DET
ftr-471	440	25	redeemed	redeem	VERB
ftr-471	440	26	interest	interest	NOUN
ftr-471	440	27	.	.	PUNCT
ftr-471	441	1	°	°	ADP
ftr-471	441	2	'	'	PART
ftr-471	441	3	perhaps	perhaps	ADV
ftr-471	441	4	such	such	ADJ
ftr-471	441	5	temporary	temporary	ADJ
ftr-471	441	6	"	"	PUNCT
ftr-471	441	7	double	double	ADJ
ftr-471	441	8	taxation	taxation	NOUN
ftr-471	441	9	"	"	PUNCT
ftr-471	441	10	might	might	AUX
ftr-471	441	11	be	be	AUX
ftr-471	441	12	viewed	view	VERB
ftr-471	441	13	as	as	ADP
ftr-471	441	14	roughly	roughly	ADV
ftr-471	441	15	offsetting	offset	VERB
ftr-471	441	16	the	the	DET
ftr-471	441	17	conversion	conversion	NOUN
ftr-471	441	18	of	of	ADP
ftr-471	441	19	a	a	DET
ftr-471	441	20	withdrawing	withdraw	VERB
ftr-471	441	21	partner	partner	NOUN
ftr-471	441	22	's	's	PART
ftr-471	441	23	share	share	NOUN
ftr-471	441	24	of	of	ADP
ftr-471	441	25	ordinary	ordinary	ADJ
ftr-471	441	26	income	income	NOUN
ftr-471	441	27	into	into	ADP
ftr-471	441	28	capital	capital	NOUN
ftr-471	441	29	gain	gain	NOUN
ftr-471	441	30	on	on	ADP
ftr-471	441	31	a	a	DET
ftr-471	441	32	cash	cash	NOUN
ftr-471	441	33	liquidating	liquidating	NOUN
ftr-471	441	34	distribution	distribution	NOUN
ftr-471	441	35	.	.	PUNCT
ftr-471	442	1	9	9	NUM
ftr-471	442	2	berger	berger	PROPN
ftr-471	442	3	also	also	ADV
ftr-471	442	4	proposes	propose	VERB
ftr-471	442	5	to	to	PART
ftr-471	442	6	adopt	adopt	VERB
ftr-471	442	7	section	section	NOUN
ftr-471	442	8	302	302	NUM
ftr-471	442	9	-	-	PUNCT
ftr-471	442	10	type	type	NOUN
ftr-471	442	11	rules	rule	NOUN
ftr-471	442	12	for	for	ADP
ftr-471	442	13	"	"	PUNCT
ftr-471	442	14	substantially	substantially	ADV
ftr-471	442	15	disproportionate	disproportionate	ADJ
ftr-471	442	16	"	"	PUNCT
ftr-471	442	17	distributions	distribution	NOUN
ftr-471	442	18	in	in	ADP
ftr-471	442	19	redemption	redemption	NOUN
ftr-471	442	20	of	of	ADP
ftr-471	442	21	a	a	DET
ftr-471	442	22	partner	partner	NOUN
ftr-471	442	23	's	's	PART
ftr-471	442	24	interest	interest	NOUN
ftr-471	442	25	.	.	PUNCT
ftr-471	443	1	"	"	PUNCT
ftr-471	443	2	'	'	PUNCT
ftr-471	443	3	the	the	DET
ftr-471	443	4	rationale	rationale	NOUN
ftr-471	443	5	for	for	ADP
ftr-471	443	6	this	this	DET
ftr-471	443	7	aspect	aspect	NOUN
ftr-471	443	8	of	of	ADP
ftr-471	443	9	the	the	DET
ftr-471	443	10	proposal	proposal	NOUN
ftr-471	443	11	remains	remain	VERB
ftr-471	443	12	unclear	unclear	ADJ
ftr-471	443	13	.	.	PUNCT
ftr-471	444	1	the	the	DET
ftr-471	444	2	corporate	corporate	ADJ
ftr-471	444	3	rules	rule	NOUN
ftr-471	444	4	attempt	attempt	VERB
ftr-471	444	5	to	to	PART
ftr-471	444	6	distinguish	distinguish	VERB
ftr-471	444	7	redemptions	redemption	NOUN
ftr-471	444	8	treated	treat	VERB
ftr-471	444	9	as	as	ADP
ftr-471	444	10	taxable	taxable	ADJ
ftr-471	444	11	exchanges	exchange	NOUN
ftr-471	444	12	under	under	ADP
ftr-471	444	13	nontax	nontax	NOUN
ftr-471	444	14	significance	significance	NOUN
ftr-471	444	15	and	and	CCONJ
ftr-471	444	16	be	be	AUX
ftr-471	444	17	highly	highly	ADV
ftr-471	444	18	tax	tax	NOUN
ftr-471	444	19	elastic	elastic	NOUN
ftr-471	444	20	"	"	PUNCT
ftr-471	444	21	;	;	PUNCT
ftr-471	444	22	hence	hence	ADV
ftr-471	444	23	,	,	PUNCT
ftr-471	444	24	taxing	tax	VERB
ftr-471	444	25	contributions	contribution	NOUN
ftr-471	444	26	would	would	AUX
ftr-471	444	27	be	be	AUX
ftr-471	444	28	"	"	PUNCT
ftr-471	444	29	futile	futile	ADJ
ftr-471	444	30	"	"	PUNCT
ftr-471	444	31	)	)	PUNCT
ftr-471	444	32	.	.	PUNCT
ftr-471	445	1	but	but	CCONJ
ftr-471	445	2	cf	cf	X
ftr-471	445	3	.	.	PUNCT
ftr-471	446	1	postlewaite	postlewaite	NOUN
ftr-471	446	2	et	et	PROPN
ftr-471	446	3	al	al	PROPN
ftr-471	446	4	.	.	PROPN
ftr-471	446	5	,	,	PUNCT
ftr-471	446	6	supra	supra	PROPN
ftr-471	446	7	note	note	PROPN
ftr-471	446	8	11	11	NUM
ftr-471	446	9	,	,	PUNCT
ftr-471	446	10	at	at	ADP
ftr-471	446	11	465	465	NUM
ftr-471	446	12	-	-	SYM
ftr-471	446	13	73	73	NUM
ftr-471	446	14	(	(	PUNCT
ftr-471	446	15	arguing	argue	VERB
ftr-471	446	16	that	that	SCONJ
ftr-471	446	17	gain	gain	NOUN
ftr-471	446	18	or	or	CCONJ
ftr-471	446	19	loss	loss	NOUN
ftr-471	446	20	should	should	AUX
ftr-471	446	21	be	be	AUX
ftr-471	446	22	recognized	recognize	VERB
ftr-471	446	23	on	on	ADP
ftr-471	446	24	contributions	contribution	NOUN
ftr-471	446	25	)	)	PUNCT
ftr-471	446	26	;	;	PUNCT
ftr-471	447	1	david	david	PROPN
ftr-471	447	2	r.	r.	PROPN
ftr-471	447	3	keyser	keyser	PROPN
ftr-471	447	4	,	,	PUNCT
ftr-471	447	5	a	a	DET
ftr-471	447	6	theory	theory	NOUN
ftr-471	447	7	of	of	ADP
ftr-471	447	8	nonrecognition	nonrecognition	NOUN
ftr-471	447	9	under	under	ADP
ftr-471	447	10	an	an	DET
ftr-471	447	11	income	income	NOUN
ftr-471	447	12	tax	tax	NOUN
ftr-471	447	13	:	:	PUNCT
ftr-471	447	14	the	the	DET
ftr-471	447	15	case	case	NOUN
ftr-471	447	16	of	of	ADP
ftr-471	447	17	partnership	partnership	NOUN
ftr-471	447	18	formation	formation	NOUN
ftr-471	447	19	,	,	PUNCT
ftr-471	447	20	5	5	NUM
ftr-471	447	21	am	am	NOUN
ftr-471	447	22	.	.	PUNCT
ftr-471	448	1	j.	j.	PROPN
ftr-471	448	2	tax	tax	PROPN
ftr-471	448	3	pol'y	pol'y	NOUN
ftr-471	448	4	269	269	NUM
ftr-471	448	5	,	,	PUNCT
ftr-471	448	6	288	288	NUM
ftr-471	448	7	-	-	SYM
ftr-471	448	8	95	95	NUM
ftr-471	448	9	(	(	PUNCT
ftr-471	448	10	1986	1986	NUM
ftr-471	448	11	)	)	PUNCT
ftr-471	448	12	(	(	PUNCT
ftr-471	448	13	arguing	argue	VERB
ftr-471	448	14	that	that	SCONJ
ftr-471	448	15	"	"	PUNCT
ftr-471	448	16	pooling	pool	VERB
ftr-471	448	17	"	"	PUNCT
ftr-471	448	18	of	of	ADP
ftr-471	448	19	assets	asset	NOUN
ftr-471	448	20	should	should	AUX
ftr-471	448	21	be	be	AUX
ftr-471	448	22	treated	treat	VERB
ftr-471	448	23	as	as	ADP
ftr-471	448	24	a	a	DET
ftr-471	448	25	sale	sale	NOUN
ftr-471	448	26	)	)	PUNCT
ftr-471	448	27	.	.	PUNCT
ftr-471	449	1	104	104	X
ftr-471	449	2	.	.	PUNCT
ftr-471	450	1	see	see	VERB
ftr-471	450	2	berger	berger	PROPN
ftr-471	450	3	,	,	PUNCT
ftr-471	450	4	supra	supra	PROPN
ftr-471	450	5	note	note	PROPN
ftr-471	450	6	11	11	NUM
ftr-471	450	7	,	,	PUNCT
ftr-471	450	8	at	at	ADP
ftr-471	450	9	154	154	NUM
ftr-471	450	10	-	-	SYM
ftr-471	450	11	55	55	NUM
ftr-471	450	12	.	.	PUNCT
ftr-471	451	1	105	105	NUM
ftr-471	451	2	.	.	PUNCT
ftr-471	452	1	see	see	VERB
ftr-471	452	2	i	i	PRON
ftr-471	452	3	d.	d.	PROPN
ftr-471	452	4	at	at	ADP
ftr-471	452	5	155	155	NUM
ftr-471	452	6	-	-	SYM
ftr-471	452	7	56	56	NUM
ftr-471	452	8	.	.	PUNCT
ftr-471	453	1	berger	berger	PROPN
ftr-471	453	2	predicts	predict	VERB
ftr-471	453	3	that	that	SCONJ
ftr-471	453	4	the	the	DET
ftr-471	453	5	partnership	partnership	NOUN
ftr-471	453	6	form	form	NOUN
ftr-471	453	7	would	would	AUX
ftr-471	453	8	continue	continue	VERB
ftr-471	453	9	to	to	PART
ftr-471	453	10	survive	survive	VERB
ftr-471	453	11	,	,	PUNCT
ftr-471	453	12	even	even	ADV
ftr-471	453	13	if	if	SCONJ
ftr-471	453	14	stripped	strip	VERB
ftr-471	453	15	of	of	ADP
ftr-471	453	16	most	most	ADJ
ftr-471	453	17	of	of	ADP
ftr-471	453	18	its	its	PRON
ftr-471	453	19	tax	tax	NOUN
ftr-471	453	20	advantages	advantage	NOUN
ftr-471	453	21	,	,	PUNCT
ftr-471	453	22	because	because	SCONJ
ftr-471	453	23	it	it	PRON
ftr-471	453	24	would	would	AUX
ftr-471	453	25	still	still	ADV
ftr-471	453	26	offer	offer	VERB
ftr-471	453	27	greater	great	ADJ
ftr-471	453	28	flexibility	flexibility	NOUN
ftr-471	453	29	than	than	ADP
ftr-471	453	30	the	the	DET
ftr-471	453	31	corporate	corporate	ADJ
ftr-471	453	32	form	form	NOUN
ftr-471	453	33	.	.	PUNCT
ftr-471	454	1	see	see	VERB
ftr-471	454	2	i	i	PRON
ftr-471	454	3	d.	d.	PROPN
ftr-471	454	4	at	at	ADP
ftr-471	454	5	171	171	NUM
ftr-471	454	6	.	.	PUNCT
ftr-471	455	1	106	106	NUM
ftr-471	455	2	.	.	PUNCT
ftr-471	456	1	see	see	VERB
ftr-471	456	2	i	i	PRON
ftr-471	456	3	d.	d.	PROPN
ftr-471	456	4	at	at	ADP
ftr-471	456	5	156	156	NUM
ftr-471	456	6	.	.	PUNCT
ftr-471	457	1	107	107	NUM
ftr-471	457	2	.	.	PUNCT
ftr-471	458	1	see	see	VERB
ftr-471	458	2	i	i	PRON
ftr-471	458	3	d.	d.	PROPN
ftr-471	458	4	at	at	ADP
ftr-471	458	5	156	156	NUM
ftr-471	458	6	n.214	n.214	NOUN
ftr-471	458	7	.	.	PUNCT
ftr-471	459	1	108	108	NUM
ftr-471	459	2	.	.	PUNCT
ftr-471	460	1	the	the	DET
ftr-471	460	2	continuing	continue	VERB
ftr-471	460	3	partners	partner	NOUN
ftr-471	460	4	would	would	AUX
ftr-471	460	5	eventually	eventually	ADV
ftr-471	460	6	recognize	recognize	VERB
ftr-471	460	7	less	less	ADJ
ftr-471	460	8	gain	gain	NOUN
ftr-471	460	9	(	(	PUNCT
ftr-471	460	10	more	more	ADJ
ftr-471	460	11	loss	loss	NOUN
ftr-471	460	12	)	)	PUNCT
ftr-471	460	13	upon	upon	SCONJ
ftr-471	460	14	sale	sale	NOUN
ftr-471	460	15	or	or	CCONJ
ftr-471	460	16	liquidation	liquidation	NOUN
ftr-471	460	17	of	of	ADP
ftr-471	460	18	their	their	PRON
ftr-471	460	19	partnership	partnership	NOUN
ftr-471	460	20	interests	interest	NOUN
ftr-471	460	21	.	.	PUNCT
ftr-471	461	1	109	109	NUM
ftr-471	461	2	.	.	PUNCT
ftr-471	462	1	see	see	VERB
ftr-471	462	2	rudolph	rudolph	NOUN
ftr-471	462	3	,	,	PUNCT
ftr-471	462	4	supra	supra	PROPN
ftr-471	462	5	note	note	NOUN
ftr-471	462	6	74	74	NUM
ftr-471	462	7	,	,	PUNCT
ftr-471	462	8	at	at	ADP
ftr-471	462	9	223	223	NUM
ftr-471	462	10	-	-	SYM
ftr-471	462	11	24	24	NUM
ftr-471	462	12	(	(	PUNCT
ftr-471	462	13	noting	note	VERB
ftr-471	462	14	potential	potential	ADJ
ftr-471	462	15	double	double	ADJ
ftr-471	462	16	taxation	taxation	NOUN
ftr-471	462	17	)	)	PUNCT
ftr-471	462	18	.	.	PUNCT
ftr-471	463	1	although	although	SCONJ
ftr-471	463	2	berger	berger	PROPN
ftr-471	463	3	asserts	assert	VERB
ftr-471	463	4	that	that	SCONJ
ftr-471	463	5	his	his	PRON
ftr-471	463	6	proposals	proposal	NOUN
ftr-471	463	7	would	would	AUX
ftr-471	463	8	"	"	PUNCT
ftr-471	463	9	eliminate	eliminate	VERB
ftr-471	463	10	the	the	DET
ftr-471	463	11	need	need	NOUN
ftr-471	463	12	for	for	ADP
ftr-471	463	13	the	the	DET
ftr-471	463	14	§	§	NOUN
ftr-471	463	15	§	§	PROPN
ftr-471	463	16	754	754	NUM
ftr-471	463	17	-	-	PUNCT
ftr-471	463	18	734(b	734(b	NOUN
ftr-471	463	19	)	)	PUNCT
ftr-471	463	20	election	election	NOUN
ftr-471	463	21	,	,	PUNCT
ftr-471	463	22	"	"	PUNCT
ftr-471	463	23	this	this	DET
ftr-471	463	24	claim	claim	NOUN
ftr-471	463	25	is	be	AUX
ftr-471	463	26	overly	overly	ADV
ftr-471	463	27	broad	broad	ADJ
ftr-471	463	28	.	.	PUNCT
ftr-471	464	1	see	see	VERB
ftr-471	464	2	berger	berger	PROPN
ftr-471	464	3	,	,	PUNCT
ftr-471	464	4	supra	supra	PROPN
ftr-471	464	5	note	note	PROPN
ftr-471	464	6	11	11	NUM
ftr-471	464	7	,	,	PUNCT
ftr-471	464	8	at	at	ADP
ftr-471	464	9	156	156	NUM
ftr-471	464	10	.	.	PUNCT
ftr-471	465	1	110	110	NUM
ftr-471	465	2	.	.	PUNCT
ftr-471	466	1	see	see	VERB
ftr-471	466	2	berger	berger	PROPN
ftr-471	466	3	,	,	PUNCT
ftr-471	466	4	supra	supra	PROPN
ftr-471	466	5	note	note	PROPN
ftr-471	466	6	11	11	NUM
ftr-471	466	7	,	,	PUNCT
ftr-471	466	8	at	at	ADP
ftr-471	466	9	153	153	NUM
ftr-471	466	10	.	.	PUNCT
ftr-471	467	1	[	[	X
ftr-471	467	2	vol	vol	NOUN
ftr-471	467	3	.	.	PUNCT
ftr-471	467	4	3:12	3:12	NUM
ftr-471	467	5	partnership	partnership	NOUN
ftr-471	467	6	distributions	distribution	NOUN
ftr-471	467	7	:	:	PUNCT
ftr-471	467	8	options	option	NOUN
ftr-471	467	9	for	for	ADP
ftr-471	467	10	reform	reform	NOUN
ftr-471	467	11	section	section	NOUN
ftr-471	467	12	302	302	NUM
ftr-471	467	13	from	from	ADP
ftr-471	467	14	those	those	PRON
ftr-471	467	15	treated	treat	VERB
ftr-471	467	16	as	as	ADP
ftr-471	467	17	dividends	dividend	NOUN
ftr-471	467	18	under	under	ADP
ftr-471	467	19	section	section	NOUN
ftr-471	467	20	301.11	301.11	NUM
ftr-471	467	21	'	'	PUNCT
ftr-471	467	22	in	in	ADP
ftr-471	467	23	the	the	DET
ftr-471	467	24	pass	pass	VERB
ftr-471	467	25	-	-	PUNCT
ftr-471	467	26	through	through	ADP
ftr-471	467	27	regime	regime	NOUN
ftr-471	467	28	of	of	ADP
ftr-471	467	29	subchapter	subchapter	NOUN
ftr-471	467	30	s	s	NOUN
ftr-471	467	31	,	,	PUNCT
ftr-471	467	32	sophisticated	sophisticated	ADJ
ftr-471	467	33	tax	tax	NOUN
ftr-471	467	34	advisors	advisor	NOUN
ftr-471	467	35	readily	readily	ADV
ftr-471	467	36	grasp	grasp	VERB
ftr-471	467	37	the	the	DET
ftr-471	467	38	advantages	advantage	NOUN
ftr-471	467	39	of	of	ADP
ftr-471	467	40	obtaining	obtain	VERB
ftr-471	467	41	favorable	favorable	ADJ
ftr-471	467	42	section	section	NOUN
ftr-471	467	43	301	301	NUM
ftr-471	467	44	treatment	treatment	NOUN
ftr-471	467	45	by	by	ADP
ftr-471	467	46	structuring	structure	VERB
ftr-471	467	47	a	a	DET
ftr-471	467	48	redemption	redemption	NOUN
ftr-471	467	49	to	to	PART
ftr-471	467	50	avoid	avoid	VERB
ftr-471	467	51	the	the	DET
ftr-471	467	52	section	section	NOUN
ftr-471	467	53	302(b	302(b	NUM
ftr-471	467	54	)	)	PUNCT
ftr-471	467	55	safe	safe	ADJ
ftr-471	467	56	harbor	harbor	NOUN
ftr-471	467	57	for	for	ADP
ftr-471	467	58	distributions	distribution	NOUN
ftr-471	467	59	not	not	PART
ftr-471	467	60	"	"	PUNCT
ftr-471	467	61	essentially	essentially	ADV
ftr-471	467	62	equivalent	equivalent	ADJ
ftr-471	467	63	"	"	PUNCT
ftr-471	467	64	to	to	ADP
ftr-471	467	65	a	a	DET
ftr-471	467	66	dividend	dividend	NOUN
ftr-471	467	67	.	.	PUNCT
ftr-471	467	68	"	"	PUNCT
ftr-471	468	1	2	2	NUM
ftr-471	468	2	to	to	ADP
ftr-471	468	3	the	the	DET
ftr-471	468	4	extent	extent	NOUN
ftr-471	468	5	that	that	SCONJ
ftr-471	468	6	a	a	DET
ftr-471	468	7	redemption	redemption	NOUN
ftr-471	468	8	does	do	AUX
ftr-471	468	9	not	not	PART
ftr-471	468	10	trigger	trigger	VERB
ftr-471	468	11	exchange	exchange	NOUN
ftr-471	468	12	treatment	treatment	NOUN
ftr-471	468	13	under	under	ADP
ftr-471	468	14	section	section	NOUN
ftr-471	468	15	302(b	302(b	PROPN
ftr-471	468	16	)	)	PUNCT
ftr-471	468	17	,	,	PUNCT
ftr-471	468	18	it	it	PRON
ftr-471	468	19	generally	generally	ADV
ftr-471	468	20	produces	produce	VERB
ftr-471	468	21	tax	tax	NOUN
ftr-471	468	22	-	-	PUNCT
ftr-471	468	23	free	free	ADJ
ftr-471	468	24	basis	basis	NOUN
ftr-471	468	25	recovery	recovery	NOUN
ftr-471	468	26	to	to	ADP
ftr-471	468	27	the	the	DET
ftr-471	468	28	redeemed	redeem	VERB
ftr-471	468	29	s	s	PROPN
ftr-471	468	30	shareholder	shareholder	NOUN
ftr-471	468	31	.	.	PUNCT
ftr-471	468	32	"	"	PUNCT
ftr-471	469	1	3	3	NUM
ftr-471	469	2	by	by	ADP
ftr-471	469	3	reducing	reduce	VERB
ftr-471	469	4	the	the	DET
ftr-471	469	5	redeemed	redeem	VERB
ftr-471	469	6	s	s	PART
ftr-471	469	7	shareholder	shareholder	NOUN
ftr-471	469	8	's	's	PART
ftr-471	469	9	interest	interest	NOUN
ftr-471	469	10	in	in	ADP
ftr-471	469	11	pre	pre	ADJ
ftr-471	469	12	-	-	ADJ
ftr-471	469	13	distribution	distribution	ADJ
ftr-471	469	14	ordinary	ordinary	ADJ
ftr-471	469	15	income	income	NOUN
ftr-471	469	16	,	,	PUNCT
ftr-471	469	17	such	such	DET
ftr-471	469	18	a	a	DET
ftr-471	469	19	redemption	redemption	NOUN
ftr-471	469	20	may	may	AUX
ftr-471	469	21	accomplish	accomplish	VERB
ftr-471	469	22	"	"	PUNCT
ftr-471	469	23	just	just	ADV
ftr-471	469	24	the	the	DET
ftr-471	469	25	sort	sort	NOUN
ftr-471	469	26	of	of	ADP
ftr-471	469	27	shift	shift	NOUN
ftr-471	469	28	that	that	DET
ftr-471	469	29	section	section	NOUN
ftr-471	469	30	751(b	751(b	PROPN
ftr-471	469	31	)	)	PUNCT
ftr-471	469	32	seeks	seek	VERB
ftr-471	469	33	to	to	PART
ftr-471	469	34	tax	tax	VERB
ftr-471	469	35	in	in	ADP
ftr-471	469	36	the	the	DET
ftr-471	469	37	partnership	partnership	NOUN
ftr-471	469	38	context	context	NOUN
ftr-471	469	39	.	.	PUNCT
ftr-471	470	1	"	"	PUNCT
ftr-471	470	2	"	"	PUNCT
ftr-471	470	3	'	'	PUNCT
ftr-471	470	4	4	4	NUM
ftr-471	470	5	in	in	ADP
ftr-471	470	6	focusing	focus	VERB
ftr-471	470	7	on	on	ADP
ftr-471	470	8	the	the	DET
ftr-471	470	9	tax	tax	NOUN
ftr-471	470	10	treatment	treatment	NOUN
ftr-471	470	11	of	of	ADP
ftr-471	470	12	the	the	DET
ftr-471	470	13	distributee	distributee	NOUN
ftr-471	470	14	partner	partner	NOUN
ftr-471	470	15	,	,	PUNCT
ftr-471	470	16	berger	berger	PROPN
ftr-471	470	17	fails	fail	VERB
ftr-471	470	18	to	to	PART
ftr-471	470	19	discuss	discuss	VERB
ftr-471	470	20	the	the	DET
ftr-471	470	21	partnership	partnership	NOUN
ftr-471	470	22	-	-	PUNCT
ftr-471	470	23	level	level	NOUN
ftr-471	470	24	tax	tax	NOUN
ftr-471	470	25	consequences	consequence	NOUN
ftr-471	470	26	of	of	ADP
ftr-471	470	27	a	a	DET
ftr-471	470	28	redemption	redemption	NOUN
ftr-471	470	29	.	.	PUNCT
ftr-471	470	30	"	"	PUNCT
ftr-471	471	1	5	5	NUM
ftr-471	471	2	he	he	PRON
ftr-471	471	3	also	also	ADV
ftr-471	471	4	fails	fail	VERB
ftr-471	471	5	to	to	PART
ftr-471	471	6	indicate	indicate	VERB
ftr-471	471	7	whether	whether	SCONJ
ftr-471	471	8	he	he	PRON
ftr-471	471	9	would	would	AUX
ftr-471	471	10	adopt	adopt	VERB
ftr-471	471	11	a	a	DET
ftr-471	471	12	full	full	ADJ
ftr-471	471	13	look	look	NOUN
ftr-471	471	14	-	-	PUNCT
ftr-471	471	15	through	through	ADP
ftr-471	471	16	approach	approach	NOUN
ftr-471	471	17	in	in	ADP
ftr-471	471	18	determining	determine	VERB
ftr-471	471	19	the	the	DET
ftr-471	471	20	character	character	NOUN
ftr-471	471	21	of	of	ADP
ftr-471	471	22	any	any	DET
ftr-471	471	23	gain	gain	NOUN
ftr-471	471	24	(	(	PUNCT
ftr-471	471	25	or	or	CCONJ
ftr-471	471	26	loss	loss	NOUN
ftr-471	471	27	)	)	PUNCT
ftr-471	471	28	recognized	recognize	VERB
ftr-471	471	29	by	by	ADP
ftr-471	471	30	the	the	DET
ftr-471	471	31	distributee	distributee	PROPN
ftr-471	471	32	partner	partner	NOUN
ftr-471	471	33	.	.	PUNCT
ftr-471	472	1	since	since	SCONJ
ftr-471	472	2	subchapter	subchapter	NOUN
ftr-471	472	3	s	s	PART
ftr-471	472	4	does	do	AUX
ftr-471	472	5	not	not	PART
ftr-471	472	6	provide	provide	VERB
ftr-471	472	7	an	an	DET
ftr-471	472	8	especially	especially	ADV
ftr-471	472	9	coherent	coherent	ADJ
ftr-471	472	10	solution	solution	NOUN
ftr-471	472	11	to	to	ADP
ftr-471	472	12	the	the	DET
ftr-471	472	13	problem	problem	NOUN
ftr-471	472	14	of	of	ADP
ftr-471	472	15	income	income	NOUN
ftr-471	472	16	-	-	PUNCT
ftr-471	472	17	shifting	shift	VERB
ftr-471	472	18	,	,	PUNCT
ftr-471	472	19	the	the	DET
ftr-471	472	20	corporate	corporate	ADJ
ftr-471	472	21	model	model	NOUN
ftr-471	472	22	may	may	AUX
ftr-471	472	23	fall	fall	VERB
ftr-471	472	24	short	short	ADV
ftr-471	472	25	of	of	ADP
ftr-471	472	26	its	its	PRON
ftr-471	472	27	initial	initial	ADJ
ftr-471	472	28	promise	promise	NOUN
ftr-471	472	29	.	.	PUNCT
ftr-471	473	1	berger	berger	PROPN
ftr-471	473	2	would	would	AUX
ftr-471	473	3	also	also	ADV
ftr-471	473	4	repeal	repeal	VERB
ftr-471	473	5	the	the	DET
ftr-471	473	6	liability	liability	NOUN
ftr-471	473	7	-	-	PUNCT
ftr-471	473	8	sharing	share	VERB
ftr-471	473	9	rules	rule	NOUN
ftr-471	473	10	of	of	ADP
ftr-471	473	11	section	section	NOUN
ftr-471	473	12	752	752	NUM
ftr-471	473	13	in	in	ADP
ftr-471	473	14	order	order	NOUN
ftr-471	473	15	to	to	PART
ftr-471	473	16	harmonize	harmonize	VERB
ftr-471	473	17	the	the	DET
ftr-471	473	18	outside	outside	ADJ
ftr-471	473	19	basis	basis	NOUN
ftr-471	473	20	rules	rule	NOUN
ftr-471	473	21	of	of	ADP
ftr-471	473	22	subchapters	subchapter	NOUN
ftr-471	473	23	s	s	PART
ftr-471	473	24	and	and	CCONJ
ftr-471	473	25	k.	k.	PROPN
ftr-471	473	26	16	16	NUM
ftr-471	473	27	otherwise	otherwise	ADV
ftr-471	473	28	,	,	PUNCT
ftr-471	473	29	a	a	DET
ftr-471	473	30	partnership	partnership	NOUN
ftr-471	473	31	could	could	AUX
ftr-471	473	32	circumvent	circumvent	VERB
ftr-471	473	33	the	the	DET
ftr-471	473	34	requirement	requirement	NOUN
ftr-471	473	35	of	of	ADP
ftr-471	473	36	gain	gain	NOUN
ftr-471	473	37	recognition	recognition	NOUN
ftr-471	473	38	on	on	ADP
ftr-471	473	39	distributions	distribution	NOUN
ftr-471	473	40	of	of	ADP
ftr-471	473	41	appreciated	appreciated	ADJ
ftr-471	473	42	property	property	NOUN
ftr-471	473	43	relatively	relatively	ADV
ftr-471	473	44	easily	easily	ADV
ftr-471	473	45	by	by	ADP
ftr-471	473	46	borrowing	borrow	VERB
ftr-471	473	47	against	against	ADP
ftr-471	473	48	the	the	DET
ftr-471	473	49	property	property	NOUN
ftr-471	473	50	and	and	CCONJ
ftr-471	473	51	distributing	distribute	VERB
ftr-471	473	52	the	the	DET
ftr-471	473	53	proceeds	proceed	NOUN
ftr-471	473	54	.	.	PUNCT
ftr-471	473	55	"	"	PUNCT
ftr-471	474	1	7	7	NUM
ftr-471	474	2	since	since	SCONJ
ftr-471	474	3	repeal	repeal	NOUN
ftr-471	474	4	of	of	ADP
ftr-471	474	5	section	section	NOUN
ftr-471	474	6	752	752	NUM
ftr-471	474	7	seems	seem	VERB
ftr-471	474	8	unlikely	unlikely	ADJ
ftr-471	474	9	,	,	PUNCT
ftr-471	474	10	it	it	PRON
ftr-471	474	11	is	be	AUX
ftr-471	474	12	necessary	necessary	ADJ
ftr-471	474	13	to	to	PART
ftr-471	474	14	look	look	VERB
ftr-471	474	15	beyond	beyond	ADP
ftr-471	474	16	berger	berger	PROPN
ftr-471	474	17	's	's	PART
ftr-471	474	18	amalgam	amalgam	NOUN
ftr-471	474	19	of	of	ADP
ftr-471	474	20	corporate	corporate	ADJ
ftr-471	474	21	and	and	CCONJ
ftr-471	474	22	partnership	partnership	NOUN
ftr-471	474	23	principles	principle	NOUN
ftr-471	474	24	.	.	PUNCT
ftr-471	475	1	"	"	PUNCT
ftr-471	475	2	'	'	PUNCT
ftr-471	475	3	b.	b.	PROPN
ftr-471	475	4	deemed	deem	VERB
ftr-471	475	5	-	-	PUNCT
ftr-471	475	6	sale	sale	NOUN
ftr-471	475	7	approach	approach	NOUN
ftr-471	475	8	if	if	SCONJ
ftr-471	475	9	full	full	ADJ
ftr-471	475	10	-	-	PUNCT
ftr-471	475	11	recognition	recognition	NOUN
ftr-471	475	12	treatment	treatment	NOUN
ftr-471	475	13	is	be	AUX
ftr-471	475	14	viewed	view	VERB
ftr-471	475	15	as	as	ADP
ftr-471	475	16	desirable	desirable	ADJ
ftr-471	475	17	,	,	PUNCT
ftr-471	475	18	the	the	DET
ftr-471	475	19	most	most	ADV
ftr-471	475	20	obvious	obvious	ADJ
ftr-471	475	21	approach	approach	NOUN
ftr-471	475	22	would	would	AUX
ftr-471	475	23	be	be	AUX
ftr-471	475	24	to	to	PART
ftr-471	475	25	treat	treat	VERB
ftr-471	475	26	any	any	DET
ftr-471	475	27	distribution	distribution	NOUN
ftr-471	475	28	that	that	PRON
ftr-471	475	29	reduces	reduce	VERB
ftr-471	475	30	a	a	DET
ftr-471	475	31	partner	partner	NOUN
ftr-471	475	32	's	's	PART
ftr-471	475	33	interest	interest	NOUN
ftr-471	475	34	111	111	NUM
ftr-471	475	35	.	.	PUNCT
ftr-471	476	1	see	see	VERB
ftr-471	476	2	irc	irc	PROPN
ftr-471	476	3	§	§	PROPN
ftr-471	476	4	§	§	PROPN
ftr-471	476	5	301	301	NUM
ftr-471	476	6	,	,	PUNCT
ftr-471	476	7	302	302	NUM
ftr-471	476	8	.	.	PUNCT
ftr-471	477	1	112	112	NUM
ftr-471	477	2	.	.	PUNCT
ftr-471	478	1	if	if	SCONJ
ftr-471	478	2	a	a	DET
ftr-471	478	3	redemption	redemption	NOUN
ftr-471	478	4	is	be	AUX
ftr-471	478	5	not	not	PART
ftr-471	478	6	considered	consider	VERB
ftr-471	478	7	a	a	DET
ftr-471	478	8	taxable	taxable	ADJ
ftr-471	478	9	exchange	exchange	NOUN
ftr-471	478	10	,	,	PUNCT
ftr-471	478	11	§	§	PROPN
ftr-471	478	12	302(d	302(d	PROPN
ftr-471	478	13	)	)	PUNCT
ftr-471	478	14	provides	provide	VERB
ftr-471	478	15	that	that	SCONJ
ftr-471	478	16	the	the	DET
ftr-471	478	17	distribution	distribution	NOUN
ftr-471	478	18	will	will	AUX
ftr-471	478	19	be	be	AUX
ftr-471	478	20	treated	treat	VERB
ftr-471	478	21	under	under	ADP
ftr-471	478	22	the	the	DET
ftr-471	478	23	rules	rule	NOUN
ftr-471	478	24	of	of	ADP
ftr-471	478	25	§	§	PROPN
ftr-471	478	26	301	301	NUM
ftr-471	478	27	;	;	PUNCT
ftr-471	478	28	§	§	PROPN
ftr-471	478	29	1368	1368	NUM
ftr-471	478	30	(	(	PUNCT
ftr-471	478	31	governing	govern	VERB
ftr-471	478	32	§	§	PROPN
ftr-471	478	33	301	301	NUM
ftr-471	478	34	-	-	PUNCT
ftr-471	478	35	type	type	NOUN
ftr-471	478	36	distributions	distribution	NOUN
ftr-471	478	37	by	by	ADP
ftr-471	478	38	s	s	NOUN
ftr-471	478	39	corporations	corporation	NOUN
ftr-471	478	40	)	)	PUNCT
ftr-471	478	41	provides	provide	VERB
ftr-471	478	42	for	for	ADP
ftr-471	478	43	tax	tax	NOUN
ftr-471	478	44	-	-	PUNCT
ftr-471	478	45	free	free	ADJ
ftr-471	478	46	recovery	recovery	NOUN
ftr-471	478	47	of	of	ADP
ftr-471	478	48	a	a	DET
ftr-471	478	49	shareholder	shareholder	NOUN
ftr-471	478	50	's	's	PART
ftr-471	478	51	basis	basis	NOUN
ftr-471	478	52	before	before	SCONJ
ftr-471	478	53	any	any	DET
ftr-471	478	54	gain	gain	NOUN
ftr-471	478	55	is	be	AUX
ftr-471	478	56	recognized	recognize	VERB
ftr-471	478	57	.	.	PUNCT
ftr-471	479	1	see	see	VERB
ftr-471	479	2	irc	irc	PROPN
ftr-471	479	3	§	§	PROPN
ftr-471	479	4	§	§	PROPN
ftr-471	479	5	301	301	NUM
ftr-471	479	6	,	,	PUNCT
ftr-471	479	7	302(d	302(d	PROPN
ftr-471	479	8	)	)	PUNCT
ftr-471	479	9	,	,	PUNCT
ftr-471	479	10	1368(b	1368(b	NUM
ftr-471	479	11	)	)	PUNCT
ftr-471	479	12	.	.	PUNCT
ftr-471	480	1	sec	sec	PROPN
ftr-471	480	2	eustice	eustice	NOUN
ftr-471	480	3	,	,	PUNCT
ftr-471	480	4	supra	supra	PROPN
ftr-471	480	5	note	note	NOUN
ftr-471	480	6	10	10	NUM
ftr-471	480	7	,	,	PUNCT
ftr-471	480	8	at	at	ADP
ftr-471	480	9	383	383	NUM
ftr-471	480	10	n.197	n.197	NOUN
ftr-471	480	11	;	;	PUNCT
ftr-471	480	12	deborah	deborah	PROPN
ftr-471	480	13	h.	h.	PROPN
ftr-471	480	14	schenk	schenk	PROPN
ftr-471	480	15	,	,	PUNCT
ftr-471	480	16	federal	federal	ADJ
ftr-471	480	17	taxation	taxation	NOUN
ftr-471	480	18	of	of	ADP
ftr-471	480	19	s	s	PROPN
ftr-471	480	20	corporations	corporation	NOUN
ftr-471	480	21	§	§	PROPN
ftr-471	480	22	12.03[2	12.03[2	NUM
ftr-471	480	23	]	]	PUNCT
ftr-471	480	24	(	(	PUNCT
ftr-471	480	25	rev	rev	PROPN
ftr-471	480	26	.	.	PROPN
ftr-471	481	1	ed	ed	NOUN
ftr-471	481	2	.	.	PROPN
ftr-471	481	3	1992	1992	NUM
ftr-471	481	4	)	)	PUNCT
ftr-471	481	5	.	.	PUNCT
ftr-471	482	1	113	113	NUM
ftr-471	482	2	.	.	PUNCT
ftr-471	482	3	see	see	VERB
ftr-471	482	4	eustice	eustice	NOUN
ftr-471	482	5	,	,	PUNCT
ftr-471	482	6	supra	supra	PROPN
ftr-471	482	7	note	note	NOUN
ftr-471	482	8	10	10	NUM
ftr-471	482	9	,	,	PUNCT
ftr-471	482	10	at	at	ADP
ftr-471	482	11	383	383	NUM
ftr-471	482	12	n.197	n.197	NOUN
ftr-471	482	13	.	.	PUNCT
ftr-471	483	1	114	114	NUM
ftr-471	483	2	.	.	PUNCT
ftr-471	484	1	see	see	VERB
ftr-471	484	2	i	i	PRON
ftr-471	484	3	d.	d.	PROPN
ftr-471	484	4	at	at	ADP
ftr-471	484	5	383	383	NUM
ftr-471	484	6	.	.	PUNCT
ftr-471	485	1	115	115	NUM
ftr-471	485	2	.	.	PUNCT
ftr-471	486	1	see	see	VERB
ftr-471	486	2	gergen	gergen	NOUN
ftr-471	486	3	,	,	PUNCT
ftr-471	486	4	contributions	contribution	NOUN
ftr-471	486	5	and	and	CCONJ
ftr-471	486	6	distributions	distribution	NOUN
ftr-471	486	7	,	,	PUNCT
ftr-471	486	8	supra	supra	PROPN
ftr-471	486	9	note	note	NOUN
ftr-471	486	10	5	5	NUM
ftr-471	486	11	,	,	PUNCT
ftr-471	486	12	at	at	ADP
ftr-471	486	13	203	203	NUM
ftr-471	486	14	.	.	PUNCT
ftr-471	486	15	116	116	NUM
ftr-471	486	16	.	.	PUNCT
ftr-471	487	1	see	see	VERB
ftr-471	487	2	berger	berger	PROPN
ftr-471	487	3	,	,	PUNCT
ftr-471	487	4	supra	supra	PROPN
ftr-471	487	5	note	note	PROPN
ftr-471	487	6	11	11	NUM
ftr-471	487	7	.	.	PUNCT
ftr-471	488	1	at	at	ADP
ftr-471	488	2	114	114	NUM
ftr-471	488	3	-	-	SYM
ftr-471	488	4	15	15	NUM
ftr-471	488	5	.	.	NOUN
ftr-471	488	6	117	117	NUM
ftr-471	488	7	.	.	PUNCT
ftr-471	489	1	see	see	VERB
ftr-471	489	2	i	i	PRON
ftr-471	489	3	d.	d.	PROPN
ftr-471	489	4	at	at	ADP
ftr-471	489	5	156	156	NUM
ftr-471	489	6	n.213	n.213	NOUN
ftr-471	489	7	.	.	PUNCT
ftr-471	490	1	118	118	NUM
ftr-471	490	2	.	.	PUNCT
ftr-471	491	1	gergen	gergen	PROPN
ftr-471	491	2	recommends	recommend	VERB
ftr-471	491	3	an	an	DET
ftr-471	491	4	approach	approach	NOUN
ftr-471	491	5	that	that	PRON
ftr-471	491	6	is	be	AUX
ftr-471	491	7	"	"	PUNCT
ftr-471	491	8	similar	similar	ADJ
ftr-471	491	9	"	"	PUNCT
ftr-471	491	10	to	to	ADP
ftr-471	491	11	but	but	CCONJ
ftr-471	491	12	"	"	PUNCT
ftr-471	491	13	slightly	slightly	ADV
ftr-471	491	14	more	more	ADV
ftr-471	491	15	complicated	complicated	ADJ
ftr-471	491	16	"	"	PUNCT
ftr-471	491	17	than	than	ADP
ftr-471	491	18	berger	berger	PROPN
ftr-471	491	19	's	's	PART
ftr-471	491	20	proposal	proposal	NOUN
ftr-471	491	21	.	.	PUNCT
ftr-471	492	1	gergen	gergen	PROPN
ftr-471	492	2	would	would	AUX
ftr-471	492	3	require	require	VERB
ftr-471	492	4	several	several	ADJ
ftr-471	492	5	separate	separate	ADJ
ftr-471	492	6	accounts	account	NOUN
ftr-471	492	7	for	for	ADP
ftr-471	492	8	partnership	partnership	NOUN
ftr-471	492	9	liabilities	liability	NOUN
ftr-471	492	10	in	in	ADP
ftr-471	492	11	order	order	NOUN
ftr-471	492	12	to	to	PART
ftr-471	492	13	preserve	preserve	VERB
ftr-471	492	14	nonrecognition	nonrecognition	NOUN
ftr-471	492	15	treatment	treatment	NOUN
ftr-471	492	16	for	for	ADP
ftr-471	492	17	distributions	distribution	NOUN
ftr-471	492	18	out	out	ADP
ftr-471	492	19	of	of	ADP
ftr-471	492	20	partnership	partnership	NOUN
ftr-471	492	21	borrowing	borrowing	NOUN
ftr-471	492	22	.	.	PUNCT
ftr-471	493	1	see	see	VERB
ftr-471	493	2	gergen	gergen	NOUN
ftr-471	493	3	,	,	PUNCT
ftr-471	493	4	contributions	contribution	NOUN
ftr-471	493	5	and	and	CCONJ
ftr-471	493	6	distributions	distribution	NOUN
ftr-471	493	7	,	,	PUNCT
ftr-471	493	8	supra	supra	PROPN
ftr-471	493	9	note	note	NOUN
ftr-471	493	10	5	5	NUM
ftr-471	493	11	.	.	PUNCT
ftr-471	494	1	at	at	ADP
ftr-471	494	2	201,22937	201,22937	NUM
ftr-471	494	3	;	;	PUNCT
ftr-471	494	4	cf	cf	NOUN
ftr-471	494	5	.	.	PUNCT
ftr-471	494	6	steines	steine	NOUN
ftr-471	494	7	,	,	PUNCT
ftr-471	494	8	unneeded	unneeded	ADJ
ftr-471	494	9	reform	reform	NOUN
ftr-471	494	10	,	,	PUNCT
ftr-471	494	11	supra	supra	PROPN
ftr-471	494	12	note	note	NOUN
ftr-471	494	13	5	5	NUM
ftr-471	494	14	,	,	PUNCT
ftr-471	494	15	at	at	ADP
ftr-471	494	16	245	245	NUM
ftr-471	494	17	(	(	PUNCT
ftr-471	494	18	gergen	gergen	NOUN
ftr-471	494	19	's	's	PART
ftr-471	494	20	proposal	proposal	NOUN
ftr-471	494	21	would	would	AUX
ftr-471	494	22	"	"	PUNCT
ftr-471	494	23	result	result	VERB
ftr-471	494	24	in	in	ADP
ftr-471	494	25	exceeding	exceed	VERB
ftr-471	494	26	complexity	complexity	NOUN
ftr-471	494	27	:	:	PUNCT
ftr-471	494	28	a	a	DET
ftr-471	494	29	thicket	thicket	NOUN
ftr-471	494	30	of	of	ADP
ftr-471	494	31	rules	rule	NOUN
ftr-471	494	32	and	and	CCONJ
ftr-471	494	33	a	a	DET
ftr-471	494	34	multitude	multitude	NOUN
ftr-471	494	35	of	of	ADP
ftr-471	494	36	accounts	account	NOUN
ftr-471	494	37	"	"	PUNCT
ftr-471	494	38	)	)	PUNCT
ftr-471	494	39	.	.	PUNCT
ftr-471	495	1	19981	19981	NUM
ftr-471	495	2	florida	florida	PROPN
ftr-471	495	3	tax	tax	NOUN
ftr-471	495	4	review	review	NOUN
ftr-471	495	5	as	as	ADP
ftr-471	495	6	a	a	DET
ftr-471	495	7	deemed	deem	VERB
ftr-471	495	8	sale	sale	NOUN
ftr-471	495	9	of	of	ADP
ftr-471	495	10	an	an	DET
ftr-471	495	11	equivalent	equivalent	ADJ
ftr-471	495	12	portion	portion	NOUN
ftr-471	495	13	of	of	ADP
ftr-471	495	14	the	the	DET
ftr-471	495	15	redeemed	redeem	VERB
ftr-471	495	16	partner	partner	NOUN
ftr-471	495	17	's	's	PART
ftr-471	495	18	interest	interest	NOUN
ftr-471	495	19	in	in	ADP
ftr-471	495	20	partnership	partnership	NOUN
ftr-471	495	21	assets	asset	NOUN
ftr-471	495	22	.	.	PUNCT
ftr-471	496	1	deemed	deem	VERB
ftr-471	496	2	-	-	PUNCT
ftr-471	496	3	sale	sale	NOUN
ftr-471	496	4	treatment	treatment	NOUN
ftr-471	496	5	is	be	AUX
ftr-471	496	6	consistent	consistent	ADJ
ftr-471	496	7	with	with	ADP
ftr-471	496	8	the	the	DET
ftr-471	496	9	approach	approach	NOUN
ftr-471	496	10	recommended	recommend	VERB
ftr-471	496	11	by	by	ADP
ftr-471	496	12	philip	philip	PROPN
ftr-471	496	13	f.	f.	PROPN
ftr-471	496	14	postlewaite	postlewaite	PROPN
ftr-471	496	15	in	in	ADP
ftr-471	496	16	his	his	PRON
ftr-471	496	17	comprehensive	comprehensive	ADJ
ftr-471	496	18	critique	critique	NOUN
ftr-471	496	19	of	of	ADP
ftr-471	496	20	the	the	DET
ftr-471	496	21	1982	1982	NUM
ftr-471	496	22	ali	ali	PROPN
ftr-471	496	23	study	study	PROPN
ftr-471	496	24	.	.	PUNCT
ftr-471	497	1	relying	rely	VERB
ftr-471	497	2	on	on	ADP
ftr-471	497	3	an	an	DET
ftr-471	497	4	"	"	PUNCT
ftr-471	497	5	analysis	analysis	NOUN
ftr-471	497	6	of	of	ADP
ftr-471	497	7	efficient	efficient	ADJ
ftr-471	497	8	capital	capital	NOUN
ftr-471	497	9	markets	market	NOUN
ftr-471	497	10	,	,	PUNCT
ftr-471	497	11	"	"	PUNCT
ftr-471	497	12	postlewaite	postlewaite	NOUN
ftr-471	497	13	rejects	reject	VERB
ftr-471	497	14	the	the	DET
ftr-471	497	15	assumption	assumption	NOUN
ftr-471	497	16	that	that	SCONJ
ftr-471	497	17	"	"	PUNCT
ftr-471	497	18	economic	economic	ADJ
ftr-471	497	19	realities	reality	NOUN
ftr-471	497	20	mandate	mandate	VERB
ftr-471	497	21	tax	tax	NOUN
ftr-471	497	22	deferral	deferral	ADJ
ftr-471	497	23	treatment	treatment	NOUN
ftr-471	497	24	for	for	ADP
ftr-471	497	25	partnership	partnership	NOUN
ftr-471	497	26	distributions	distribution	NOUN
ftr-471	497	27	"	"	PUNCT
ftr-471	497	28	and	and	CCONJ
ftr-471	497	29	dismisses	dismiss	VERB
ftr-471	497	30	concerns	concern	NOUN
ftr-471	497	31	about	about	ADP
ftr-471	497	32	lack	lack	NOUN
ftr-471	497	33	of	of	ADP
ftr-471	497	34	liquidity	liquidity	NOUN
ftr-471	497	35	as	as	ADP
ftr-471	497	36	a	a	DET
ftr-471	497	37	justification	justification	NOUN
ftr-471	497	38	for	for	ADP
ftr-471	497	39	continued	continue	VERB
ftr-471	497	40	deferral	deferral	NOUN
ftr-471	497	41	.	.	PUNCT
ftr-471	497	42	"	"	PUNCT
ftr-471	498	1	9	9	NUM
ftr-471	498	2	deemed	deem	VERB
ftr-471	498	3	-	-	PUNCT
ftr-471	498	4	sale	sale	NOUN
ftr-471	498	5	treatment	treatment	NOUN
ftr-471	498	6	is	be	AUX
ftr-471	498	7	arguably	arguably	ADV
ftr-471	498	8	appropriate	appropriate	ADJ
ftr-471	498	9	because	because	SCONJ
ftr-471	498	10	the	the	DET
ftr-471	498	11	withdrawing	withdraw	VERB
ftr-471	498	12	partner	partner	NOUN
ftr-471	498	13	presumably	presumably	ADV
ftr-471	498	14	could	could	AUX
ftr-471	498	15	either	either	CCONJ
ftr-471	498	16	insist	insist	VERB
ftr-471	498	17	upon	upon	SCONJ
ftr-471	498	18	a	a	DET
ftr-471	498	19	cash	cash	NOUN
ftr-471	498	20	liquidating	liquidating	NOUN
ftr-471	498	21	distribution	distribution	NOUN
ftr-471	498	22	or	or	CCONJ
ftr-471	498	23	raise	raise	VERB
ftr-471	498	24	funds	fund	NOUN
ftr-471	498	25	to	to	PART
ftr-471	498	26	pay	pay	VERB
ftr-471	498	27	the	the	DET
ftr-471	498	28	tax	tax	NOUN
ftr-471	498	29	by	by	ADP
ftr-471	498	30	selling	sell	VERB
ftr-471	498	31	(	(	PUNCT
ftr-471	498	32	or	or	CCONJ
ftr-471	498	33	borrowing	borrow	VERB
ftr-471	498	34	against	against	ADP
ftr-471	498	35	)	)	PUNCT
ftr-471	498	36	the	the	DET
ftr-471	498	37	distributed	distribute	VERB
ftr-471	498	38	property	property	NOUN
ftr-471	498	39	.	.	PUNCT
ftr-471	499	1	120	120	NUM
ftr-471	499	2	therefore	therefore	ADV
ftr-471	499	3	,	,	PUNCT
ftr-471	499	4	a	a	DET
ftr-471	499	5	distributee	distributee	NOUN
ftr-471	499	6	who	who	PRON
ftr-471	499	7	retains	retain	VERB
ftr-471	499	8	the	the	DET
ftr-471	499	9	distributed	distribute	VERB
ftr-471	499	10	assets	asset	NOUN
ftr-471	499	11	should	should	AUX
ftr-471	499	12	be	be	AUX
ftr-471	499	13	treated	treat	VERB
ftr-471	499	14	as	as	ADP
ftr-471	499	15	selling	sell	VERB
ftr-471	499	16	her	her	PRON
ftr-471	499	17	partnership	partnership	NOUN
ftr-471	499	18	interest	interest	NOUN
ftr-471	499	19	for	for	ADP
ftr-471	499	20	cash	cash	NOUN
ftr-471	499	21	and	and	CCONJ
ftr-471	499	22	then	then	ADV
ftr-471	499	23	purchasing	purchase	VERB
ftr-471	499	24	the	the	DET
ftr-471	499	25	distributed	distribute	VERB
ftr-471	499	26	assets	asset	NOUN
ftr-471	499	27	for	for	ADP
ftr-471	499	28	their	their	PRON
ftr-471	499	29	fair	fair	ADJ
ftr-471	499	30	market	market	NOUN
ftr-471	499	31	value	value	NOUN
ftr-471	499	32	.	.	PUNCT
ftr-471	499	33	'	'	PUNCT
ftr-471	500	1	2	2	NUM
ftr-471	500	2	'	'	PUNCT
ftr-471	500	3	under	under	ADP
ftr-471	500	4	the	the	DET
ftr-471	500	5	deemed	deem	VERB
ftr-471	500	6	-	-	PUNCT
ftr-471	500	7	sale	sale	NOUN
ftr-471	500	8	approach	approach	NOUN
ftr-471	500	9	,	,	PUNCT
ftr-471	500	10	a	a	DET
ftr-471	500	11	current	current	ADJ
ftr-471	500	12	pro	pro	ADJ
ftr-471	500	13	rata	rata	NOUN
ftr-471	500	14	or	or	CCONJ
ftr-471	500	15	non	non	ADJ
ftr-471	500	16	-	-	ADJ
ftr-471	500	17	pro	pro	ADJ
ftr-471	500	18	rata	rata	ADJ
ftr-471	500	19	distribution	distribution	NOUN
ftr-471	500	20	of	of	ADP
ftr-471	500	21	property	property	NOUN
ftr-471	500	22	would	would	AUX
ftr-471	500	23	be	be	AUX
ftr-471	500	24	treated	treat	VERB
ftr-471	500	25	as	as	SCONJ
ftr-471	500	26	if	if	SCONJ
ftr-471	500	27	such	such	ADJ
ftr-471	500	28	property	property	NOUN
ftr-471	500	29	had	have	AUX
ftr-471	500	30	been	be	AUX
ftr-471	500	31	sold	sell	VERB
ftr-471	500	32	immediately	immediately	ADV
ftr-471	500	33	prior	prior	ADV
ftr-471	500	34	to	to	ADP
ftr-471	500	35	the	the	DET
ftr-471	500	36	distribution	distribution	NOUN
ftr-471	500	37	,	,	PUNCT
ftr-471	501	1	triggering	trigger	VERB
ftr-471	501	2	gain	gain	NOUN
ftr-471	501	3	(	(	PUNCT
ftr-471	501	4	or	or	CCONJ
ftr-471	501	5	loss	loss	NOUN
ftr-471	501	6	)	)	PUNCT
ftr-471	501	7	to	to	ADP
ftr-471	501	8	the	the	DET
ftr-471	501	9	partnership	partnership	NOUN
ftr-471	501	10	.	.	PUNCT
ftr-471	501	11	'	'	PUNCT
ftr-471	501	12	22	22	NUM
ftr-471	501	13	pro	pro	ADJ
ftr-471	501	14	rata	rata	ADJ
ftr-471	501	15	distributions	distribution	NOUN
ftr-471	501	16	of	of	ADP
ftr-471	501	17	cash	cash	NOUN
ftr-471	501	18	or	or	CCONJ
ftr-471	501	19	nonappreciated	nonappreciate	VERB
ftr-471	501	20	property	property	NOUN
ftr-471	501	21	would	would	AUX
ftr-471	501	22	generally	generally	ADV
ftr-471	501	23	be	be	AUX
ftr-471	501	24	tax	tax	NOUN
ftr-471	501	25	free	free	ADJ
ftr-471	501	26	,	,	PUNCT
ftr-471	501	27	on	on	ADP
ftr-471	501	28	the	the	DET
ftr-471	501	29	theory	theory	NOUN
ftr-471	501	30	that	that	SCONJ
ftr-471	501	31	such	such	ADJ
ftr-471	501	32	distributions	distribution	NOUN
ftr-471	501	33	represent	represent	VERB
ftr-471	501	34	merely	merely	ADV
ftr-471	501	35	the	the	DET
ftr-471	501	36	receipt	receipt	NOUN
ftr-471	501	37	of	of	ADP
ftr-471	501	38	partnership	partnership	NOUN
ftr-471	501	39	earnings	earning	NOUN
ftr-471	501	40	previously	previously	ADV
ftr-471	501	41	taxed	tax	VERB
ftr-471	501	42	to	to	ADP
ftr-471	501	43	the	the	DET
ftr-471	501	44	partners	partner	NOUN
ftr-471	501	45	as	as	ADP
ftr-471	501	46	a	a	DET
ftr-471	501	47	portion	portion	NOUN
ftr-471	501	48	of	of	ADP
ftr-471	501	49	their	their	PRON
ftr-471	501	50	distributive	distributive	ADJ
ftr-471	501	51	share	share	NOUN
ftr-471	501	52	of	of	ADP
ftr-471	501	53	partnership	partnership	NOUN
ftr-471	501	54	profits	profit	NOUN
ftr-471	501	55	or	or	CCONJ
ftr-471	501	56	a	a	DET
ftr-471	501	57	return	return	NOUN
ftr-471	501	58	of	of	ADP
ftr-471	501	59	the	the	DET
ftr-471	501	60	partner	partner	NOUN
ftr-471	501	61	's	's	PART
ftr-471	501	62	capital	capital	NOUN
ftr-471	501	63	.	.	PUNCT
ftr-471	502	1	'23	'23	NUM
ftr-471	502	2	line	line	NOUN
ftr-471	502	3	-	-	PUNCT
ftr-471	502	4	drawing	drawing	NOUN
ftr-471	502	5	would	would	AUX
ftr-471	502	6	be	be	AUX
ftr-471	502	7	necessary	necessary	ADJ
ftr-471	502	8	to	to	PART
ftr-471	502	9	distinguish	distinguish	VERB
ftr-471	502	10	between	between	ADP
ftr-471	502	11	non	non	ADJ
ftr-471	502	12	-	-	ADJ
ftr-471	502	13	pro	pro	ADJ
ftr-471	502	14	rata	rata	ADJ
ftr-471	502	15	distributions	distribution	NOUN
ftr-471	502	16	which	which	PRON
ftr-471	502	17	result	result	VERB
ftr-471	502	18	in	in	ADP
ftr-471	502	19	a	a	DET
ftr-471	502	20	shift	shift	NOUN
ftr-471	502	21	in	in	ADP
ftr-471	502	22	the	the	DET
ftr-471	502	23	partners	partner	NOUN
ftr-471	502	24	'	'	PART
ftr-471	502	25	proportionate	proportionate	ADJ
ftr-471	502	26	interests	interest	NOUN
ftr-471	502	27	in	in	ADP
ftr-471	502	28	the	the	DET
ftr-471	502	29	partnership	partnership	NOUN
ftr-471	502	30	and	and	CCONJ
ftr-471	502	31	a	a	DET
ftr-471	502	32	series	series	NOUN
ftr-471	502	33	of	of	ADP
ftr-471	502	34	non	non	ADJ
ftr-471	502	35	-	-	ADJ
ftr-471	502	36	pro	pro	ADJ
ftr-471	502	37	rata	rata	ADJ
ftr-471	502	38	distributions	distribution	NOUN
ftr-471	502	39	which	which	PRON
ftr-471	502	40	in	in	ADP
ftr-471	502	41	the	the	DET
ftr-471	502	42	aggregate	aggregate	NOUN
ftr-471	502	43	leave	leave	NOUN
ftr-471	502	44	the	the	DET
ftr-471	502	45	partners	partner	NOUN
ftr-471	502	46	'	'	PART
ftr-471	502	47	interests	interest	NOUN
ftr-471	502	48	in	in	ADP
ftr-471	502	49	the	the	DET
ftr-471	502	50	partnership	partnership	NOUN
ftr-471	502	51	unchanged	unchanged	ADJ
ftr-471	502	52	.	.	PUNCT
ftr-471	503	1	to	to	ADP
ftr-471	503	2	the	the	DET
ftr-471	503	3	extent	extent	NOUN
ftr-471	503	4	that	that	SCONJ
ftr-471	503	5	other	other	ADJ
ftr-471	503	6	partners	partner	NOUN
ftr-471	503	7	do	do	AUX
ftr-471	503	8	not	not	PART
ftr-471	503	9	receive	receive	VERB
ftr-471	503	10	an	an	DET
ftr-471	503	11	equivalent	equivalent	ADJ
ftr-471	503	12	amount	amount	NOUN
ftr-471	503	13	of	of	ADP
ftr-471	503	14	partnership	partnership	NOUN
ftr-471	503	15	property	property	NOUN
ftr-471	503	16	within	within	ADP
ftr-471	503	17	some	some	DET
ftr-471	503	18	reasonable	reasonable	ADJ
ftr-471	503	19	period	period	NOUN
ftr-471	503	20	,	,	PUNCT
ftr-471	503	21	the	the	DET
ftr-471	503	22	excess	excess	ADJ
ftr-471	503	23	portion	portion	NOUN
ftr-471	503	24	of	of	ADP
ftr-471	503	25	any	any	DET
ftr-471	503	26	non	non	ADJ
ftr-471	503	27	-	-	ADJ
ftr-471	503	28	pro	pro	ADJ
ftr-471	503	29	rata	rata	ADJ
ftr-471	503	30	distribution	distribution	NOUN
ftr-471	503	31	would	would	AUX
ftr-471	503	32	be	be	AUX
ftr-471	503	33	treated	treat	VERB
ftr-471	503	34	as	as	ADP
ftr-471	503	35	a	a	DET
ftr-471	503	36	partial	partial	ADJ
ftr-471	503	37	liquidation	liquidation	NOUN
ftr-471	503	38	of	of	ADP
ftr-471	503	39	the	the	DET
ftr-471	503	40	recipient	recipient	NOUN
ftr-471	503	41	's	's	PART
ftr-471	503	42	partnership	partnership	NOUN
ftr-471	503	43	interest	interest	NOUN
ftr-471	503	44	,	,	PUNCT
ftr-471	503	45	triggering	trigger	VERB
ftr-471	503	46	recognition	recognition	NOUN
ftr-471	503	47	of	of	ADP
ftr-471	503	48	gain	gain	NOUN
ftr-471	503	49	or	or	CCONJ
ftr-471	503	50	loss	loss	NOUN
ftr-471	503	51	.	.	PUNCT
ftr-471	504	1	24	24	NUM
ftr-471	504	2	treating	treat	VERB
ftr-471	504	3	a	a	DET
ftr-471	504	4	disproportionate	disproportionate	ADJ
ftr-471	504	5	distribution	distribution	NOUN
ftr-471	504	6	as	as	ADP
ftr-471	504	7	a	a	DET
ftr-471	504	8	partial	partial	ADJ
ftr-471	504	9	liquidation	liquidation	NOUN
ftr-471	504	10	arguably	arguably	ADV
ftr-471	504	11	"	"	PUNCT
ftr-471	504	12	reflects	reflect	VERB
ftr-471	504	13	the	the	DET
ftr-471	504	14	economic	economic	ADJ
ftr-471	504	15	realities	reality	NOUN
ftr-471	504	16	of	of	ADP
ftr-471	504	17	the	the	DET
ftr-471	504	18	transaction	transaction	NOUN
ftr-471	504	19	.	.	PUNCT
ftr-471	505	1	"'5	"'5	PUNCT
ftr-471	505	2	to	to	PART
ftr-471	505	3	avoid	avoid	VERB
ftr-471	505	4	economic	economic	ADJ
ftr-471	505	5	distortions	distortion	NOUN
ftr-471	505	6	,	,	PUNCT
ftr-471	505	7	the	the	DET
ftr-471	505	8	other	other	ADJ
ftr-471	505	9	partners	partner	NOUN
ftr-471	505	10	should	should	AUX
ftr-471	505	11	generally	generally	ADV
ftr-471	505	12	insist	insist	VERB
ftr-471	505	13	on	on	ADP
ftr-471	505	14	a	a	DET
ftr-471	505	15	reduction	reduction	NOUN
ftr-471	505	16	in	in	ADP
ftr-471	505	17	the	the	DET
ftr-471	505	18	percentage	percentage	NOUN
ftr-471	505	19	ownership	ownership	NOUN
ftr-471	505	20	interest	interest	NOUN
ftr-471	505	21	of	of	ADP
ftr-471	505	22	the	the	DET
ftr-471	505	23	non	non	ADJ
ftr-471	505	24	-	-	ADJ
ftr-471	505	25	pro	pro	ADJ
ftr-471	505	26	rata	rata	ADJ
ftr-471	505	27	recipient	recipient	NOUN
ftr-471	505	28	following	follow	VERB
ftr-471	505	29	a	a	DET
ftr-471	505	30	disproportionate	disproportionate	ADJ
ftr-471	505	31	distribution	distribution	NOUN
ftr-471	505	32	,	,	PUNCT
ftr-471	505	33	because	because	SCONJ
ftr-471	505	34	otherwise	otherwise	ADV
ftr-471	505	35	partnership	partnership	NOUN
ftr-471	505	36	allocations	allocation	NOUN
ftr-471	505	37	in	in	ADP
ftr-471	505	38	accordance	accordance	NOUN
ftr-471	505	39	with	with	ADP
ftr-471	505	40	the	the	DET
ftr-471	505	41	partners	partner	NOUN
ftr-471	505	42	'	'	PART
ftr-471	505	43	pre	pre	ADJ
ftr-471	505	44	-	-	ADJ
ftr-471	505	45	distribution	distribution	ADJ
ftr-471	505	46	percentage	percentage	NOUN
ftr-471	505	47	interests	interest	NOUN
ftr-471	505	48	in	in	ADP
ftr-471	505	49	the	the	DET
ftr-471	505	50	partnership	partnership	NOUN
ftr-471	505	51	will	will	AUX
ftr-471	505	52	no	no	ADV
ftr-471	505	53	longer	long	ADV
ftr-471	505	54	correspond	correspond	VERB
ftr-471	505	55	to	to	ADP
ftr-471	505	56	their	their	PRON
ftr-471	505	57	post	post	ADJ
ftr-471	505	58	-	-	ADJ
ftr-471	505	59	distribution	distribution	ADJ
ftr-471	505	60	economic	economic	ADJ
ftr-471	505	61	119	119	NUM
ftr-471	505	62	.	.	PUNCT
ftr-471	506	1	see	see	VERB
ftr-471	506	2	postlewaite	postlewaite	NOUN
ftr-471	506	3	et	et	PROPN
ftr-471	506	4	al	al	PROPN
ftr-471	506	5	.	.	PROPN
ftr-471	506	6	,	,	PUNCT
ftr-471	506	7	supra	supra	PROPN
ftr-471	506	8	note	note	PROPN
ftr-471	506	9	11	11	NUM
ftr-471	506	10	,	,	PUNCT
ftr-471	506	11	at	at	ADP
ftr-471	506	12	596	596	NUM
ftr-471	506	13	-	-	SYM
ftr-471	506	14	97	97	NUM
ftr-471	506	15	.	.	PUNCT
ftr-471	507	1	120	120	NUM
ftr-471	507	2	.	.	PUNCT
ftr-471	508	1	see	see	VERB
ftr-471	508	2	i	i	PRON
ftr-471	508	3	d.	d.	PROPN
ftr-471	508	4	at	at	ADP
ftr-471	508	5	597	597	NUM
ftr-471	508	6	.	.	PUNCT
ftr-471	509	1	121	121	NUM
ftr-471	509	2	.	.	PUNCT
ftr-471	510	1	see	see	VERB
ftr-471	510	2	i	i	PRON
ftr-471	510	3	d.	d.	PROPN
ftr-471	510	4	at	at	ADP
ftr-471	510	5	597	597	NUM
ftr-471	510	6	-	-	SYM
ftr-471	510	7	98	98	NUM
ftr-471	510	8	.	.	PUNCT
ftr-471	511	1	122	122	NUM
ftr-471	511	2	.	.	PUNCT
ftr-471	512	1	see	see	VERB
ftr-471	512	2	i	i	PRON
ftr-471	512	3	d.	d.	PROPN
ftr-471	512	4	at	at	ADP
ftr-471	512	5	606	606	NUM
ftr-471	512	6	-	-	SYM
ftr-471	512	7	07	07	NUM
ftr-471	512	8	.	.	PUNCT
ftr-471	513	1	123	123	NUM
ftr-471	513	2	.	.	PUNCT
ftr-471	514	1	see	see	VERB
ftr-471	514	2	i	i	PRON
ftr-471	514	3	d.	d.	PROPN
ftr-471	514	4	at	at	ADP
ftr-471	514	5	607	607	NUM
ftr-471	514	6	.	.	PUNCT
ftr-471	515	1	124	124	NUM
ftr-471	515	2	.	.	PUNCT
ftr-471	516	1	see	see	VERB
ftr-471	516	2	i	i	PRON
ftr-471	516	3	d.	d.	PROPN
ftr-471	516	4	at	at	ADP
ftr-471	516	5	606	606	NUM
ftr-471	516	6	.	.	PUNCT
ftr-471	517	1	125	125	NUM
ftr-471	517	2	.	.	PUNCT
ftr-471	518	1	i	i	PRON
ftr-471	518	2	d.	d.	PROPN
ftr-471	519	1	[	[	X
ftr-471	519	2	vol	vol	NOUN
ftr-471	519	3	3:12	3:12	NUM
ftr-471	519	4	partnership	partnership	NOUN
ftr-471	519	5	distributions	distribution	NOUN
ftr-471	519	6	:	:	PUNCT
ftr-471	519	7	options	option	NOUN
ftr-471	519	8	for	for	ADP
ftr-471	519	9	reform	reform	NOUN
ftr-471	519	10	interests	interest	NOUN
ftr-471	519	11	.	.	PUNCT
ftr-471	520	1	'	'	PUNCT
ftr-471	520	2	,	,	PUNCT
ftr-471	520	3	full	full	ADJ
ftr-471	520	4	-	-	PUNCT
ftr-471	520	5	fragmentation	fragmentation	NOUN
ftr-471	520	6	and	and	CCONJ
ftr-471	520	7	gain	gain	VERB
ftr-471	520	8	recognition	recognition	NOUN
ftr-471	520	9	would	would	AUX
ftr-471	520	10	eliminate	eliminate	VERB
ftr-471	520	11	any	any	DET
ftr-471	520	12	disparity	disparity	NOUN
ftr-471	520	13	between	between	ADP
ftr-471	520	14	the	the	DET
ftr-471	520	15	partnership	partnership	NOUN
ftr-471	520	16	's	's	PART
ftr-471	520	17	inside	inside	ADJ
ftr-471	520	18	basis	basis	NOUN
ftr-471	520	19	and	and	CCONJ
ftr-471	520	20	the	the	DET
ftr-471	520	21	continuing	continue	VERB
ftr-471	520	22	partners	partner	NOUN
ftr-471	520	23	'	'	PART
ftr-471	520	24	outside	outside	ADJ
ftr-471	520	25	bases	basis	NOUN
ftr-471	520	26	.	.	PUNCT
ftr-471	521	1	127	127	NUM
ftr-471	521	2	under	under	ADP
ftr-471	521	3	the	the	DET
ftr-471	521	4	deemed	deem	VERB
ftr-471	521	5	-	-	PUNCT
ftr-471	521	6	sale	sale	NOUN
ftr-471	521	7	approach	approach	NOUN
ftr-471	521	8	,	,	PUNCT
ftr-471	521	9	a	a	DET
ftr-471	521	10	partially	partially	ADV
ftr-471	521	11	redeemed	redeem	VERB
ftr-471	521	12	partner	partner	NOUN
ftr-471	521	13	would	would	AUX
ftr-471	521	14	be	be	AUX
ftr-471	521	15	treated	treat	VERB
ftr-471	521	16	as	as	ADP
ftr-471	521	17	owning	own	VERB
ftr-471	521	18	two	two	NUM
ftr-471	521	19	separate	separate	ADJ
ftr-471	521	20	partnership	partnership	NOUN
ftr-471	521	21	interests	interest	NOUN
ftr-471	521	22	-	-	PUNCT
ftr-471	521	23	one	one	NUM
ftr-471	521	24	redeemed	redeem	VERB
ftr-471	521	25	and	and	CCONJ
ftr-471	521	26	the	the	DET
ftr-471	521	27	other	other	ADJ
ftr-471	521	28	continuing	continuing	NOUN
ftr-471	521	29	.	.	PUNCT
ftr-471	522	1	the	the	DET
ftr-471	522	2	redeemed	redeem	VERB
ftr-471	522	3	portion	portion	NOUN
ftr-471	522	4	would	would	AUX
ftr-471	522	5	be	be	AUX
ftr-471	522	6	treated	treat	VERB
ftr-471	522	7	as	as	SCONJ
ftr-471	522	8	if	if	SCONJ
ftr-471	522	9	sold	sell	VERB
ftr-471	522	10	for	for	ADP
ftr-471	522	11	its	its	PRON
ftr-471	522	12	fair	fair	ADJ
ftr-471	522	13	market	market	NOUN
ftr-471	522	14	value	value	NOUN
ftr-471	522	15	,	,	PUNCT
ftr-471	522	16	triggering	trigger	VERB
ftr-471	522	17	proportionate	proportionate	ADJ
ftr-471	522	18	recognition	recognition	NOUN
ftr-471	522	19	of	of	ADP
ftr-471	522	20	unrealized	unrealized	ADJ
ftr-471	522	21	gain	gain	NOUN
ftr-471	522	22	(	(	PUNCT
ftr-471	522	23	or	or	CCONJ
ftr-471	522	24	loss	loss	NOUN
ftr-471	522	25	)	)	PUNCT
ftr-471	522	26	inherent	inherent	ADJ
ftr-471	522	27	in	in	ADP
ftr-471	522	28	the	the	DET
ftr-471	522	29	partnership	partnership	NOUN
ftr-471	522	30	's	's	PART
ftr-471	522	31	retained	retain	VERB
ftr-471	522	32	assets.1'2	assets.1'2	PROPN
ftr-471	522	33	any	any	DET
ftr-471	522	34	gain	gain	NOUN
ftr-471	522	35	or	or	CCONJ
ftr-471	522	36	loss	loss	NOUN
ftr-471	522	37	attributable	attributable	ADJ
ftr-471	522	38	to	to	ADP
ftr-471	522	39	distributed	distribute	VERB
ftr-471	522	40	property	property	NOUN
ftr-471	522	41	would	would	AUX
ftr-471	522	42	be	be	AUX
ftr-471	522	43	taken	take	VERB
ftr-471	522	44	into	into	ADP
ftr-471	522	45	account	account	NOUN
ftr-471	522	46	immediately	immediately	ADV
ftr-471	522	47	before	before	ADP
ftr-471	522	48	the	the	DET
ftr-471	522	49	redemption	redemption	NOUN
ftr-471	522	50	.	.	PUNCT
ftr-471	523	1	to	to	PART
ftr-471	523	2	illustrate	illustrate	VERB
ftr-471	523	3	the	the	DET
ftr-471	523	4	operation	operation	NOUN
ftr-471	523	5	of	of	ADP
ftr-471	523	6	the	the	DET
ftr-471	523	7	deemed	deem	VERB
ftr-471	523	8	-	-	PUNCT
ftr-471	523	9	sale	sale	NOUN
ftr-471	523	10	approach	approach	NOUN
ftr-471	523	11	,	,	PUNCT
ftr-471	523	12	assume	assume	VERB
ftr-471	523	13	that	that	SCONJ
ftr-471	523	14	c	c	PROPN
ftr-471	523	15	receives	receive	VERB
ftr-471	523	16	a	a	DET
ftr-471	523	17	distribution	distribution	NOUN
ftr-471	523	18	of	of	ADP
ftr-471	523	19	land	land	NOUN
ftr-471	523	20	#	#	SYM
ftr-471	523	21	2	2	NUM
ftr-471	523	22	when	when	SCONJ
ftr-471	523	23	the	the	DET
ftr-471	523	24	equal	equal	ADJ
ftr-471	523	25	abc	abc	PROPN
ftr-471	523	26	partnership	partnership	PROPN
ftr-471	523	27	has	have	VERB
ftr-471	523	28	the	the	DET
ftr-471	523	29	following	follow	VERB
ftr-471	523	30	balance	balance	NOUN
ftr-471	523	31	sheet	sheet	NOUN
ftr-471	523	32	:	:	PUNCT
ftr-471	523	33	assets	asset	NOUN
ftr-471	523	34	basis	basis	NOUN
ftr-471	523	35	value	value	NOUN
ftr-471	523	36	capital	capital	NOUN
ftr-471	523	37	basis	basis	NOUN
ftr-471	523	38	value	value	NOUN
ftr-471	523	39	cash	cash	NOUN
ftr-471	523	40	$	$	SYM
ftr-471	523	41	120	120	NUM
ftr-471	523	42	$	$	SYM
ftr-471	523	43	120	120	NUM
ftr-471	523	44	a	a	DET
ftr-471	523	45	$	$	SYM
ftr-471	523	46	120	120	NUM
ftr-471	523	47	$	$	SYM
ftr-471	523	48	180	180	NUM
ftr-471	523	49	inventory	inventory	NOUN
ftr-471	523	50	60	60	NUM
ftr-471	523	51	180	180	NUM
ftr-471	523	52	b	b	SYM
ftr-471	523	53	120	120	NUM
ftr-471	523	54	180	180	NUM
ftr-471	523	55	land	land	NOUN
ftr-471	524	1	#	#	SYM
ftr-471	524	2	1	1	NUM
ftr-471	524	3	120	120	NUM
ftr-471	524	4	150	150	NUM
ftr-471	524	5	c	c	NOUN
ftr-471	524	6	120	120	NUM
ftr-471	524	7	180	180	NUM
ftr-471	524	8	land	land	NOUN
ftr-471	524	9	#	#	SYM
ftr-471	524	10	2	2	NUM
ftr-471	524	11	60	60	NUM
ftr-471	524	12	90	90	NUM
ftr-471	524	13	total	total	NOUN
ftr-471	524	14	$	$	SYM
ftr-471	524	15	360	360	NUM
ftr-471	524	16	$	$	SYM
ftr-471	524	17	540	540	NUM
ftr-471	524	18	total	total	NOUN
ftr-471	524	19	$	$	SYM
ftr-471	524	20	360	360	NUM
ftr-471	524	21	$	$	SYM
ftr-471	524	22	540	540	NUM
ftr-471	524	23	since	since	SCONJ
ftr-471	524	24	the	the	DET
ftr-471	524	25	fair	fair	ADJ
ftr-471	524	26	market	market	NOUN
ftr-471	524	27	value	value	NOUN
ftr-471	524	28	of	of	ADP
ftr-471	524	29	the	the	DET
ftr-471	524	30	distributed	distribute	VERB
ftr-471	524	31	property	property	NOUN
ftr-471	524	32	(	(	PUNCT
ftr-471	524	33	$	$	SYM
ftr-471	524	34	90	90	NUM
ftr-471	524	35	)	)	PUNCT
ftr-471	524	36	is	be	AUX
ftr-471	524	37	equal	equal	ADJ
ftr-471	524	38	to	to	ADP
ftr-471	524	39	onehalf	onehalf	NOUN
ftr-471	524	40	of	of	ADP
ftr-471	524	41	the	the	DET
ftr-471	524	42	value	value	NOUN
ftr-471	524	43	of	of	ADP
ftr-471	524	44	c	c	PROPN
ftr-471	524	45	's	's	PART
ftr-471	524	46	entire	entire	ADJ
ftr-471	524	47	partnership	partnership	NOUN
ftr-471	524	48	interest	interest	NOUN
ftr-471	524	49	(	(	PUNCT
ftr-471	524	50	$	$	SYM
ftr-471	524	51	180	180	NUM
ftr-471	524	52	)	)	PUNCT
ftr-471	525	1	,	,	PUNCT
ftr-471	525	2	the	the	DET
ftr-471	525	3	deemed	deem	VERB
ftr-471	525	4	-	-	PUNCT
ftr-471	525	5	sale	sale	NOUN
ftr-471	525	6	approach	approach	NOUN
ftr-471	525	7	would	would	AUX
ftr-471	525	8	treat	treat	VERB
ftr-471	525	9	one	one	NUM
ftr-471	525	10	-	-	PUNCT
ftr-471	525	11	half	half	NOUN
ftr-471	525	12	of	of	ADP
ftr-471	525	13	c	c	PROPN
ftr-471	525	14	's	's	PART
ftr-471	525	15	interest	interest	NOUN
ftr-471	525	16	(	(	PUNCT
ftr-471	525	17	one	one	NUM
ftr-471	525	18	-	-	PUNCT
ftr-471	525	19	sixth	sixth	NOUN
ftr-471	525	20	of	of	ADP
ftr-471	525	21	the	the	DET
ftr-471	525	22	total	total	ADJ
ftr-471	525	23	partnership	partnership	NOUN
ftr-471	525	24	)	)	PUNCT
ftr-471	525	25	as	as	SCONJ
ftr-471	525	26	redeemed	redeem	VERB
ftr-471	525	27	.	.	PUNCT
ftr-471	526	1	29	29	NUM
ftr-471	527	1	the	the	DET
ftr-471	527	2	abc	abc	PROPN
ftr-471	527	3	partnership	partnership	NOUN
ftr-471	527	4	would	would	AUX
ftr-471	527	5	be	be	AUX
ftr-471	527	6	treated	treat	VERB
ftr-471	527	7	as	as	SCONJ
ftr-471	527	8	if	if	SCONJ
ftr-471	527	9	it	it	PRON
ftr-471	527	10	had	have	AUX
ftr-471	527	11	"	"	PUNCT
ftr-471	527	12	sold	sell	VERB
ftr-471	527	13	"	"	PUNCT
ftr-471	527	14	land	land	NOUN
ftr-471	527	15	#	#	SYM
ftr-471	527	16	2	2	NUM
ftr-471	527	17	to	to	ADP
ftr-471	527	18	c	c	NOUN
ftr-471	527	19	for	for	ADP
ftr-471	527	20	$	$	SYM
ftr-471	527	21	90	90	NUM
ftr-471	527	22	,	,	PUNCT
ftr-471	527	23	triggering	trigger	VERB
ftr-471	527	24	$	$	SYM
ftr-471	527	25	30	30	NUM
ftr-471	527	26	of	of	ADP
ftr-471	527	27	capital	capital	NOUN
ftr-471	527	28	gain	gain	NOUN
ftr-471	527	29	to	to	PART
ftr-471	527	30	be	be	AUX
ftr-471	527	31	allocated	allocate	VERB
ftr-471	527	32	equally	equally	ADV
ftr-471	527	33	among	among	ADP
ftr-471	527	34	the	the	DET
ftr-471	527	35	partners	partner	NOUN
ftr-471	527	36	.	.	PUNCT
ftr-471	528	1	each	each	DET
ftr-471	528	2	partner	partner	NOUN
ftr-471	528	3	would	would	AUX
ftr-471	528	4	increase	increase	VERB
ftr-471	528	5	her	she	PRON
ftr-471	528	6	outside	outside	ADJ
ftr-471	528	7	basis	basis	NOUN
ftr-471	528	8	to	to	PART
ftr-471	528	9	reflect	reflect	VERB
ftr-471	528	10	her	her	PRON
ftr-471	528	11	share	share	NOUN
ftr-471	528	12	of	of	ADP
ftr-471	528	13	the	the	DET
ftr-471	528	14	gain	gain	NOUN
ftr-471	528	15	recognized	recognize	VERB
ftr-471	528	16	.	.	PUNCT
ftr-471	529	1	in	in	ADP
ftr-471	529	2	addition	addition	NOUN
ftr-471	529	3	,	,	PUNCT
ftr-471	529	4	c	c	PROPN
ftr-471	529	5	would	would	AUX
ftr-471	529	6	be	be	AUX
ftr-471	529	7	treated	treat	VERB
ftr-471	529	8	as	as	SCONJ
ftr-471	529	9	if	if	SCONJ
ftr-471	529	10	she	she	PRON
ftr-471	529	11	had	have	AUX
ftr-471	529	12	sold	sell	VERB
ftr-471	529	13	one	one	NUM
ftr-471	529	14	-	-	PUNCT
ftr-471	529	15	half	half	NOUN
ftr-471	529	16	of	of	ADP
ftr-471	529	17	her	her	PRON
ftr-471	529	18	interest	interest	NOUN
ftr-471	529	19	in	in	ADP
ftr-471	529	20	the	the	DET
ftr-471	529	21	remaining	remain	VERB
ftr-471	529	22	partnership	partnership	NOUN
ftr-471	529	23	assets	asset	NOUN
ftr-471	529	24	(	(	PUNCT
ftr-471	529	25	inventory	inventory	NOUN
ftr-471	529	26	and	and	CCONJ
ftr-471	529	27	land	land	NOUN
ftr-471	529	28	#	#	SYM
ftr-471	529	29	1	1	NUM
ftr-471	529	30	)	)	PUNCT
ftr-471	529	31	,	,	PUNCT
ftr-471	529	32	or	or	CCONJ
ftr-471	529	33	one	one	NUM
ftr-471	529	34	-	-	PUNCT
ftr-471	529	35	sixth	sixth	NOUN
ftr-471	529	36	of	of	ADP
ftr-471	529	37	the	the	DET
ftr-471	529	38	total	total	ADJ
ftr-471	529	39	value	value	NOUN
ftr-471	529	40	of	of	ADP
ftr-471	529	41	each	each	DET
ftr-471	529	42	asset	asset	NOUN
ftr-471	529	43	.	.	PUNCT
ftr-471	530	1	accordingly	accordingly	ADV
ftr-471	530	2	,	,	PUNCT
ftr-471	530	3	c	c	PROPN
ftr-471	530	4	would	would	AUX
ftr-471	530	5	recognize	recognize	VERB
ftr-471	530	6	$	$	SYM
ftr-471	530	7	20	20	NUM
ftr-471	530	8	of	of	ADP
ftr-471	530	9	ordinary	ordinary	ADJ
ftr-471	530	10	income	income	NOUN
ftr-471	530	11	and	and	CCONJ
ftr-471	530	12	$	$	SYM
ftr-471	530	13	5	5	NUM
ftr-471	530	14	of	of	ADP
ftr-471	530	15	capital	capital	NOUN
ftr-471	530	16	gain	gain	NOUN
ftr-471	530	17	(	(	PUNCT
ftr-471	530	18	one	one	NUM
ftr-471	530	19	-	-	PUNCT
ftr-471	530	20	sixth	sixth	NOUN
ftr-471	530	21	of	of	ADP
ftr-471	530	22	the	the	DET
ftr-471	530	23	appreciation	appreciation	NOUN
ftr-471	530	24	inherent	inherent	ADJ
ftr-471	530	25	in	in	ADP
ftr-471	530	26	the	the	DET
ftr-471	530	27	inventory	inventory	NOUN
ftr-471	530	28	and	and	CCONJ
ftr-471	530	29	land	land	NOUN
ftr-471	530	30	#	#	SYM
ftr-471	530	31	1	1	NUM
ftr-471	530	32	)	)	PUNCT
ftr-471	530	33	.	.	PUNCT
ftr-471	531	1	the	the	DET
ftr-471	531	2	abc	abc	PROPN
ftr-471	531	3	partnership	partnership	PROPN
ftr-471	531	4	would	would	AUX
ftr-471	531	5	increase	increase	VERB
ftr-471	531	6	its	its	PRON
ftr-471	531	7	basis	basis	NOUN
ftr-471	531	8	in	in	ADP
ftr-471	531	9	each	each	DET
ftr-471	531	10	asset	asset	NOUN
ftr-471	531	11	to	to	PART
ftr-471	531	12	reflect	reflect	VERB
ftr-471	531	13	any	any	DET
ftr-471	531	14	gain	gain	NOUN
ftr-471	531	15	126	126	NUM
ftr-471	531	16	.	.	PUNCT
ftr-471	532	1	a	a	DET
ftr-471	532	2	mandatory	mandatory	ADJ
ftr-471	532	3	agreement	agreement	NOUN
ftr-471	532	4	specifying	specify	VERB
ftr-471	532	5	the	the	DET
ftr-471	532	6	percentage	percentage	NOUN
ftr-471	532	7	reduction	reduction	NOUN
ftr-471	532	8	in	in	ADP
ftr-471	532	9	the	the	DET
ftr-471	532	10	distributee	distributee	NOUN
ftr-471	532	11	's	's	PART
ftr-471	532	12	partnership	partnership	NOUN
ftr-471	532	13	interest	interest	NOUN
ftr-471	532	14	would	would	AUX
ftr-471	532	15	generally	generally	ADV
ftr-471	532	16	be	be	AUX
ftr-471	532	17	respected	respect	VERB
ftr-471	532	18	.	.	PUNCT
ftr-471	533	1	see	see	VERB
ftr-471	533	2	i	i	PRON
ftr-471	533	3	d.	d.	PROPN
ftr-471	533	4	at	at	ADP
ftr-471	533	5	598	598	NUM
ftr-471	533	6	-	-	SYM
ftr-471	533	7	99	99	NUM
ftr-471	533	8	.	.	PUNCT
ftr-471	534	1	610	610	NUM
ftr-471	534	2	.	.	PUNCT
ftr-471	535	1	127	127	NUM
ftr-471	535	2	.	.	PUNCT
ftr-471	536	1	deemed	deem	VERB
ftr-471	536	2	-	-	PUNCT
ftr-471	536	3	sale	sale	NOUN
ftr-471	536	4	treatment	treatment	NOUN
ftr-471	536	5	would	would	AUX
ftr-471	536	6	eliminate	eliminate	VERB
ftr-471	536	7	the	the	DET
ftr-471	536	8	need	need	NOUN
ftr-471	536	9	for	for	ADP
ftr-471	536	10	the	the	DET
ftr-471	536	11	§	§	PROPN
ftr-471	536	12	734(b	734(b	PROPN
ftr-471	536	13	)	)	PUNCT
ftr-471	536	14	basis	basis	NOUN
ftr-471	536	15	adjustment	adjustment	NOUN
ftr-471	536	16	provisions	provision	NOUN
ftr-471	536	17	.	.	PUNCT
ftr-471	537	1	see	see	VERB
ftr-471	537	2	i	i	PRON
ftr-471	537	3	d.	d.	PROPN
ftr-471	537	4	at	at	ADP
ftr-471	537	5	620	620	NUM
ftr-471	537	6	(	(	PUNCT
ftr-471	537	7	§	§	PROPN
ftr-471	537	8	734(b	734(b	PROPN
ftr-471	537	9	)	)	PUNCT
ftr-471	537	10	basis	basis	NOUN
ftr-471	537	11	adjustments	adjustment	NOUN
ftr-471	537	12	no	no	ADV
ftr-471	537	13	longer	long	ADV
ftr-471	537	14	necessary	necessary	ADJ
ftr-471	537	15	if	if	SCONJ
ftr-471	537	16	carryover	carryover	NOUN
ftr-471	537	17	-	-	PUNCT
ftr-471	537	18	basis	basis	NOUN
ftr-471	537	19	rule	rule	NOUN
ftr-471	537	20	eliminated	eliminate	VERB
ftr-471	537	21	)	)	PUNCT
ftr-471	537	22	.	.	PUNCT
ftr-471	538	1	cf	cf	NOUN
ftr-471	538	2	.	.	PUNCT
ftr-471	539	1	supra	supra	PROPN
ftr-471	539	2	note	note	PROPN
ftr-471	539	3	109	109	NUM
ftr-471	539	4	and	and	CCONJ
ftr-471	539	5	accompanying	accompany	VERB
ftr-471	539	6	text	text	NOUN
ftr-471	539	7	(	(	PUNCT
ftr-471	539	8	berger	berger	PROPN
ftr-471	539	9	proposal	proposal	PROPN
ftr-471	539	10	)	)	PUNCT
ftr-471	539	11	.	.	PUNCT
ftr-471	540	1	128	128	X
ftr-471	540	2	.	.	PUNCT
ftr-471	541	1	see	see	VERB
ftr-471	541	2	postlewaite	postlewaite	NOUN
ftr-471	541	3	et	et	PROPN
ftr-471	541	4	al	al	PROPN
ftr-471	541	5	.	.	PROPN
ftr-471	541	6	,	,	PUNCT
ftr-471	541	7	supra	supra	PROPN
ftr-471	541	8	note	note	PROPN
ftr-471	541	9	11	11	NUM
ftr-471	541	10	,	,	PUNCT
ftr-471	541	11	at	at	ADP
ftr-471	541	12	604	604	NUM
ftr-471	541	13	.	.	PUNCT
ftr-471	542	1	129	129	NUM
ftr-471	542	2	.	.	PUNCT
ftr-471	543	1	a	a	DET
ftr-471	543	2	redemption	redemption	NOUN
ftr-471	543	3	of	of	ADP
ftr-471	543	4	one	one	NUM
ftr-471	543	5	-	-	PUNCT
ftr-471	543	6	half	half	NOUN
ftr-471	543	7	of	of	ADP
ftr-471	543	8	the	the	DET
ftr-471	543	9	value	value	NOUN
ftr-471	543	10	of	of	ADP
ftr-471	543	11	c	c	PROPN
ftr-471	543	12	's	's	PART
ftr-471	543	13	partnership	partnership	NOUN
ftr-471	543	14	interest	interest	NOUN
ftr-471	543	15	reduces	reduce	VERB
ftr-471	543	16	her	her	PRON
ftr-471	543	17	interest	interest	NOUN
ftr-471	543	18	in	in	ADP
ftr-471	543	19	the	the	DET
ftr-471	543	20	abc	abc	PROPN
ftr-471	543	21	partnership	partnership	NOUN
ftr-471	543	22	from	from	ADP
ftr-471	543	23	one	one	NUM
ftr-471	543	24	-	-	PUNCT
ftr-471	543	25	third	third	NOUN
ftr-471	543	26	to	to	ADP
ftr-471	543	27	one	one	NUM
ftr-471	543	28	-	-	PUNCT
ftr-471	543	29	fifth	fifth	NOUN
ftr-471	543	30	.	.	PUNCT
ftr-471	544	1	19981	19981	NUM
ftr-471	544	2	florida	florida	PROPN
ftr-471	544	3	tax	tax	NOUN
ftr-471	544	4	review	review	NOUN
ftr-471	544	5	recognized	recognize	VERB
ftr-471	544	6	on	on	ADP
ftr-471	544	7	the	the	DET
ftr-471	544	8	distribution	distribution	NOUN
ftr-471	544	9	,	,	PUNCT
ftr-471	544	10	and	and	CCONJ
ftr-471	544	11	c	c	NOUN
ftr-471	544	12	would	would	AUX
ftr-471	544	13	take	take	VERB
ftr-471	544	14	a	a	DET
ftr-471	544	15	basis	basis	NOUN
ftr-471	544	16	of	of	ADP
ftr-471	544	17	$	$	SYM
ftr-471	544	18	90	90	NUM
ftr-471	544	19	in	in	ADP
ftr-471	544	20	land	land	NOUN
ftr-471	544	21	#	#	SYM
ftr-471	544	22	2	2	NUM
ftr-471	544	23	,	,	PUNCT
ftr-471	544	24	its	its	PRON
ftr-471	544	25	fair	fair	ADJ
ftr-471	544	26	market	market	NOUN
ftr-471	544	27	value	value	NOUN
ftr-471	544	28	.	.	PUNCT
ftr-471	545	1	130	130	NUM
ftr-471	545	2	the	the	DET
ftr-471	545	3	abc	abc	PROPN
ftr-471	545	4	partnership	partnership	PROPN
ftr-471	545	5	's	's	PART
ftr-471	545	6	post	post	ADJ
ftr-471	545	7	-	-	ADJ
ftr-471	545	8	distribution	distribution	ADJ
ftr-471	545	9	balance	balance	NOUN
ftr-471	545	10	sheet	sheet	NOUN
ftr-471	545	11	would	would	AUX
ftr-471	545	12	be	be	AUX
ftr-471	545	13	as	as	SCONJ
ftr-471	545	14	follows	follow	VERB
ftr-471	545	15	:	:	PUNCT
ftr-471	545	16	assets	asset	NOUN
ftr-471	545	17	basis	basis	NOUN
ftr-471	545	18	value	value	NOUN
ftr-471	545	19	capital	capital	NOUN
ftr-471	545	20	basis	basis	NOUN
ftr-471	545	21	value	value	NOUN
ftr-471	545	22	cash	cash	NOUN
ftr-471	546	1	$	$	SYM
ftr-471	546	2	120	120	NUM
ftr-471	546	3	$	$	SYM
ftr-471	546	4	120	120	NUM
ftr-471	546	5	a	a	DET
ftr-471	546	6	$	$	SYM
ftr-471	546	7	130	130	NUM
ftr-471	546	8	$	$	SYM
ftr-471	546	9	180	180	NUM
ftr-471	546	10	inventory	inventory	NOUN
ftr-471	546	11	80	80	NUM
ftr-471	546	12	180	180	NUM
ftr-471	546	13	b	b	NUM
ftr-471	546	14	130	130	NUM
ftr-471	546	15	180	180	NUM
ftr-471	546	16	land	land	NOUN
ftr-471	546	17	#	#	SYM
ftr-471	546	18	1	1	NUM
ftr-471	546	19	125	125	NUM
ftr-471	546	20	150	150	NUM
ftr-471	546	21	c	c	NOUN
ftr-471	546	22	65	65	NUM
ftr-471	546	23	90	90	NUM
ftr-471	546	24	total	total	NOUN
ftr-471	546	25	$	$	SYM
ftr-471	546	26	325	325	NUM
ftr-471	546	27	$	$	SYM
ftr-471	546	28	450	450	NUM
ftr-471	546	29	total	total	NOUN
ftr-471	546	30	$	$	SYM
ftr-471	546	31	325	325	NUM
ftr-471	546	32	$	$	SYM
ftr-471	546	33	450	450	NUM
ftr-471	546	34	each	each	DET
ftr-471	546	35	partner	partner	NOUN
ftr-471	546	36	's	's	PART
ftr-471	546	37	tax	tax	NOUN
ftr-471	546	38	capital	capital	NOUN
ftr-471	546	39	account	account	NOUN
ftr-471	546	40	,	,	PUNCT
ftr-471	546	41	share	share	NOUN
ftr-471	546	42	of	of	ADP
ftr-471	546	43	inside	inside	ADJ
ftr-471	546	44	basis	basis	NOUN
ftr-471	546	45	and	and	CCONJ
ftr-471	546	46	share	share	NOUN
ftr-471	546	47	of	of	ADP
ftr-471	546	48	unrealized	unrealized	ADJ
ftr-471	546	49	appreciation	appreciation	NOUN
ftr-471	546	50	corresponds	correspond	VERB
ftr-471	546	51	to	to	ADP
ftr-471	546	52	her	her	PRON
ftr-471	546	53	continuing	continue	VERB
ftr-471	546	54	percentage	percentage	NOUN
ftr-471	546	55	interest	interest	NOUN
ftr-471	546	56	in	in	ADP
ftr-471	546	57	the	the	DET
ftr-471	546	58	partnership	partnership	NOUN
ftr-471	546	59	.	.	PUNCT
ftr-471	547	1	31	31	NUM
ftr-471	548	1	thus	thus	ADV
ftr-471	548	2	,	,	PUNCT
ftr-471	548	3	c	c	PROPN
ftr-471	548	4	's	's	PART
ftr-471	548	5	remaining	remain	VERB
ftr-471	548	6	tax	tax	NOUN
ftr-471	548	7	capital	capital	NOUN
ftr-471	548	8	account	account	NOUN
ftr-471	548	9	and	and	CCONJ
ftr-471	548	10	share	share	NOUN
ftr-471	548	11	of	of	ADP
ftr-471	548	12	inside	inside	ADJ
ftr-471	548	13	basis	basis	NOUN
ftr-471	548	14	is	be	AUX
ftr-471	548	15	$	$	SYM
ftr-471	548	16	65	65	NUM
ftr-471	548	17	,	,	PUNCT
ftr-471	548	18	or	or	CCONJ
ftr-471	548	19	one	one	NUM
ftr-471	548	20	-	-	PUNCT
ftr-471	548	21	fifth	fifth	NOUN
ftr-471	548	22	of	of	ADP
ftr-471	548	23	the	the	DET
ftr-471	548	24	partnership	partnership	NOUN
ftr-471	548	25	's	's	PART
ftr-471	548	26	total	total	ADJ
ftr-471	548	27	capital	capital	NOUN
ftr-471	548	28	and	and	CCONJ
ftr-471	548	29	inside	inside	ADJ
ftr-471	548	30	basis	basis	NOUN
ftr-471	548	31	.	.	PUNCT
ftr-471	549	1	upon	upon	SCONJ
ftr-471	549	2	a	a	DET
ftr-471	549	3	sale	sale	NOUN
ftr-471	549	4	of	of	ADP
ftr-471	549	5	the	the	DET
ftr-471	549	6	partnership	partnership	NOUN
ftr-471	549	7	's	's	PART
ftr-471	549	8	remaining	remain	VERB
ftr-471	549	9	assets	asset	NOUN
ftr-471	549	10	,	,	PUNCT
ftr-471	549	11	c	c	PROPN
ftr-471	549	12	would	would	AUX
ftr-471	549	13	be	be	AUX
ftr-471	549	14	taxed	tax	VERB
ftr-471	549	15	on	on	ADP
ftr-471	549	16	her	her	PRON
ftr-471	549	17	remaining	remain	VERB
ftr-471	549	18	one	one	NUM
ftr-471	549	19	-	-	PUNCT
ftr-471	549	20	fifth	fifth	NOUN
ftr-471	549	21	of	of	ADP
ftr-471	549	22	the	the	DET
ftr-471	549	23	appreciation	appreciation	NOUN
ftr-471	549	24	in	in	ADP
ftr-471	549	25	the	the	DET
ftr-471	549	26	inventory	inventory	NOUN
ftr-471	549	27	and	and	CCONJ
ftr-471	549	28	land	land	NOUN
ftr-471	549	29	#	#	SYM
ftr-471	549	30	1	1	NUM
ftr-471	549	31	,	,	PUNCT
ftr-471	549	32	resulting	result	VERB
ftr-471	549	33	in	in	ADP
ftr-471	549	34	$	$	SYM
ftr-471	549	35	20	20	NUM
ftr-471	549	36	of	of	ADP
ftr-471	549	37	ordinary	ordinary	ADJ
ftr-471	549	38	income	income	NOUN
ftr-471	549	39	and	and	CCONJ
ftr-471	549	40	$	$	SYM
ftr-471	549	41	5	5	NUM
ftr-471	549	42	of	of	ADP
ftr-471	549	43	capital	capital	NOUN
ftr-471	549	44	gain	gain	NOUN
ftr-471	549	45	.	.	PUNCT
ftr-471	550	1	the	the	DET
ftr-471	550	2	other	other	ADJ
ftr-471	550	3	partners	partner	NOUN
ftr-471	550	4	would	would	AUX
ftr-471	550	5	each	each	PRON
ftr-471	550	6	be	be	AUX
ftr-471	550	7	taxed	tax	VERB
ftr-471	550	8	on	on	ADP
ftr-471	550	9	$	$	SYM
ftr-471	550	10	40	40	NUM
ftr-471	550	11	of	of	ADP
ftr-471	550	12	ordinary	ordinary	ADJ
ftr-471	550	13	income	income	NOUN
ftr-471	550	14	and	and	CCONJ
ftr-471	550	15	$	$	SYM
ftr-471	550	16	10	10	NUM
ftr-471	550	17	of	of	ADP
ftr-471	550	18	capital	capital	NOUN
ftr-471	550	19	gain	gain	NOUN
ftr-471	550	20	(	(	PUNCT
ftr-471	550	21	twofifths	twofifth	NOUN
ftr-471	550	22	of	of	ADP
ftr-471	550	23	the	the	DET
ftr-471	550	24	appreciation	appreciation	NOUN
ftr-471	550	25	in	in	ADP
ftr-471	550	26	the	the	DET
ftr-471	550	27	inventory	inventory	NOUN
ftr-471	550	28	and	and	CCONJ
ftr-471	550	29	land	land	NOUN
ftr-471	550	30	#	#	SYM
ftr-471	550	31	1	1	NUM
ftr-471	550	32	)	)	PUNCT
ftr-471	550	33	.	.	PUNCT
ftr-471	551	1	each	each	DET
ftr-471	551	2	partner	partner	NOUN
ftr-471	551	3	's	's	PART
ftr-471	551	4	predistribution	predistribution	NOUN
ftr-471	551	5	share	share	NOUN
ftr-471	551	6	of	of	ADP
ftr-471	551	7	the	the	DET
ftr-471	551	8	partnership	partnership	NOUN
ftr-471	551	9	's	's	PART
ftr-471	551	10	total	total	ADJ
ftr-471	551	11	ordinary	ordinary	ADJ
ftr-471	551	12	income	income	NOUN
ftr-471	551	13	and	and	CCONJ
ftr-471	551	14	capital	capital	NOUN
ftr-471	551	15	gain	gain	NOUN
ftr-471	551	16	is	be	AUX
ftr-471	551	17	preserved	preserve	VERB
ftr-471	551	18	to	to	ADP
ftr-471	551	19	the	the	DET
ftr-471	551	20	extent	extent	NOUN
ftr-471	551	21	not	not	PART
ftr-471	551	22	recognized	recognize	VERB
ftr-471	551	23	immediately	immediately	ADV
ftr-471	551	24	.	.	PUNCT
ftr-471	552	1	the	the	DET
ftr-471	552	2	deemed	deem	VERB
ftr-471	552	3	-	-	PUNCT
ftr-471	552	4	sale	sale	NOUN
ftr-471	552	5	approach	approach	NOUN
ftr-471	552	6	produces	produce	VERB
ftr-471	552	7	harsher	harsh	ADJ
ftr-471	552	8	results	result	NOUN
ftr-471	552	9	than	than	SCONJ
ftr-471	552	10	if	if	SCONJ
ftr-471	552	11	c	c	PROPN
ftr-471	552	12	had	have	AUX
ftr-471	552	13	instead	instead	ADV
ftr-471	552	14	sold	sell	VERB
ftr-471	552	15	one	one	NUM
ftr-471	552	16	-	-	PUNCT
ftr-471	552	17	half	half	NOUN
ftr-471	552	18	of	of	ADP
ftr-471	552	19	her	her	PRON
ftr-471	552	20	partnership	partnership	NOUN
ftr-471	552	21	interest	interest	NOUN
ftr-471	552	22	(	(	PUNCT
ftr-471	552	23	with	with	ADP
ftr-471	552	24	a	a	DET
ftr-471	552	25	basis	basis	NOUN
ftr-471	552	26	of	of	ADP
ftr-471	552	27	$	$	SYM
ftr-471	552	28	60	60	NUM
ftr-471	552	29	)	)	PUNCT
ftr-471	552	30	for	for	ADP
ftr-471	552	31	its	its	PRON
ftr-471	552	32	fair	fair	ADJ
ftr-471	552	33	market	market	NOUN
ftr-471	552	34	value	value	NOUN
ftr-471	552	35	of	of	ADP
ftr-471	552	36	$	$	SYM
ftr-471	552	37	90	90	NUM
ftr-471	552	38	.	.	PUNCT
ftr-471	553	1	upon	upon	SCONJ
ftr-471	553	2	a	a	DET
ftr-471	553	3	sale	sale	NOUN
ftr-471	553	4	of	of	ADP
ftr-471	553	5	one	one	NUM
ftr-471	553	6	-	-	PUNCT
ftr-471	553	7	half	half	NOUN
ftr-471	553	8	of	of	ADP
ftr-471	553	9	her	her	PRON
ftr-471	553	10	interest	interest	NOUN
ftr-471	553	11	,	,	PUNCT
ftr-471	553	12	c	c	PROPN
ftr-471	553	13	would	would	AUX
ftr-471	553	14	recognize	recognize	VERB
ftr-471	553	15	$	$	SYM
ftr-471	553	16	20	20	NUM
ftr-471	553	17	of	of	ADP
ftr-471	553	18	ordinary	ordinary	ADJ
ftr-471	553	19	income	income	NOUN
ftr-471	553	20	and	and	CCONJ
ftr-471	553	21	$	$	SYM
ftr-471	553	22	10	10	NUM
ftr-471	553	23	of	of	ADP
ftr-471	553	24	capital	capital	NOUN
ftr-471	553	25	gain	gain	VERB
ftr-471	553	26	attributable	attributable	ADJ
ftr-471	553	27	to	to	ADP
ftr-471	553	28	her	her	PRON
ftr-471	553	29	one	one	NUM
ftr-471	553	30	-	-	PUNCT
ftr-471	553	31	sixth	sixth	ADJ
ftr-471	553	32	share	share	NOUN
ftr-471	553	33	of	of	ADP
ftr-471	553	34	the	the	DET
ftr-471	553	35	inventory	inventory	NOUN
ftr-471	553	36	and	and	CCONJ
ftr-471	553	37	capital	capital	NOUN
ftr-471	553	38	assets	asset	NOUN
ftr-471	553	39	.	.	PUNCT
ftr-471	554	1	32	32	NUM
ftr-471	554	2	by	by	ADP
ftr-471	554	3	contrast	contrast	NOUN
ftr-471	554	4	,	,	PUNCT
ftr-471	554	5	the	the	DET
ftr-471	554	6	deemed	deem	VERB
ftr-471	554	7	-	-	PUNCT
ftr-471	554	8	sale	sale	NOUN
ftr-471	554	9	approach	approach	NOUN
ftr-471	554	10	triggers	trigger	VERB
ftr-471	554	11	additional	additional	ADJ
ftr-471	554	12	gain	gain	NOUN
ftr-471	554	13	of	of	ADP
ftr-471	554	14	$	$	SYM
ftr-471	554	15	5	5	NUM
ftr-471	554	16	to	to	ADP
ftr-471	554	17	c	c	NOUN
ftr-471	554	18	because	because	SCONJ
ftr-471	554	19	she	she	PRON
ftr-471	554	20	is	be	AUX
ftr-471	554	21	deemed	deem	VERB
ftr-471	554	22	to	to	PART
ftr-471	554	23	sell	sell	VERB
ftr-471	554	24	one	one	NUM
ftr-471	554	25	-	-	PUNCT
ftr-471	554	26	third	third	NOUN
ftr-471	554	27	(	(	PUNCT
ftr-471	554	28	not	not	PART
ftr-471	554	29	one	one	NUM
ftr-471	554	30	-	-	PUNCT
ftr-471	554	31	sixth	sixth	NOUN
ftr-471	554	32	)	)	PUNCT
ftr-471	554	33	of	of	ADP
ftr-471	554	34	her	her	PRON
ftr-471	554	35	interest	interest	NOUN
ftr-471	554	36	in	in	ADP
ftr-471	554	37	the	the	DET
ftr-471	554	38	distributed	distribute	VERB
ftr-471	554	39	property	property	NOUN
ftr-471	554	40	(	(	PUNCT
ftr-471	554	41	land	land	NOUN
ftr-471	554	42	#	#	SYM
ftr-471	554	43	2	2	NUM
ftr-471	554	44	)	)	PUNCT
ftr-471	554	45	plus	plus	CCONJ
ftr-471	554	46	one	one	NUM
ftr-471	554	47	-	-	PUNCT
ftr-471	554	48	sixth	sixth	NOUN
ftr-471	554	49	of	of	ADP
ftr-471	554	50	her	her	PRON
ftr-471	554	51	interest	interest	NOUN
ftr-471	554	52	in	in	ADP
ftr-471	554	53	the	the	DET
ftr-471	554	54	remaining	remain	VERB
ftr-471	554	55	partnership	partnership	NOUN
ftr-471	554	56	assets	asset	NOUN
ftr-471	554	57	.	.	PUNCT
ftr-471	555	1	33	33	NUM
ftr-471	556	1	thus	thus	ADV
ftr-471	556	2	,	,	PUNCT
ftr-471	556	3	the	the	DET
ftr-471	556	4	deemed	deem	VERB
ftr-471	556	5	-	-	PUNCT
ftr-471	556	6	sale	sale	NOUN
ftr-471	556	7	approach	approach	NOUN
ftr-471	556	8	arguably	arguably	ADV
ftr-471	556	9	overtaxes	overtax	VERB
ftr-471	556	10	c	c	NOUN
ftr-471	556	11	by	by	ADP
ftr-471	556	12	eliminating	eliminate	VERB
ftr-471	556	13	deferral	deferral	NOUN
ftr-471	556	14	of	of	ADP
ftr-471	556	15	her	her	PRON
ftr-471	556	16	share	share	NOUN
ftr-471	556	17	of	of	ADP
ftr-471	556	18	unrealized	unrealized	ADJ
ftr-471	556	19	appreciation	appreciation	NOUN
ftr-471	556	20	in	in	ADP
ftr-471	556	21	the	the	DET
ftr-471	556	22	distributed	distribute	VERB
ftr-471	556	23	property	property	NOUN
ftr-471	556	24	.	.	PUNCT
ftr-471	557	1	130	130	NUM
ftr-471	557	2	.	.	PUNCT
ftr-471	558	1	c	c	NOUN
ftr-471	558	2	's	's	PART
ftr-471	558	3	outside	outside	ADJ
ftr-471	558	4	basis	basis	NOUN
ftr-471	558	5	of	of	ADP
ftr-471	558	6	$	$	SYM
ftr-471	558	7	120	120	NUM
ftr-471	558	8	would	would	AUX
ftr-471	558	9	be	be	AUX
ftr-471	558	10	increased	increase	VERB
ftr-471	558	11	by	by	ADP
ftr-471	558	12	the	the	DET
ftr-471	558	13	$	$	SYM
ftr-471	558	14	35	35	NUM
ftr-471	558	15	gain	gain	NOUN
ftr-471	558	16	recognized	recognize	VERB
ftr-471	558	17	and	and	CCONJ
ftr-471	558	18	reduced	reduce	VERB
ftr-471	558	19	by	by	ADP
ftr-471	558	20	the	the	DET
ftr-471	558	21	$	$	SYM
ftr-471	558	22	90	90	NUM
ftr-471	558	23	basis	basis	NOUN
ftr-471	558	24	of	of	ADP
ftr-471	558	25	the	the	DET
ftr-471	558	26	distributed	distribute	VERB
ftr-471	558	27	property	property	NOUN
ftr-471	558	28	in	in	ADP
ftr-471	558	29	c	c	PROPN
ftr-471	558	30	's	's	PART
ftr-471	558	31	hands	hand	NOUN
ftr-471	558	32	,	,	PUNCT
ftr-471	558	33	leaving	leave	VERB
ftr-471	558	34	c	c	NOUN
ftr-471	558	35	with	with	ADP
ftr-471	558	36	a	a	DET
ftr-471	558	37	remaining	remain	VERB
ftr-471	558	38	outside	outside	ADJ
ftr-471	558	39	basis	basis	NOUN
ftr-471	558	40	of	of	ADP
ftr-471	558	41	$	$	SYM
ftr-471	558	42	65	65	NUM
ftr-471	558	43	.	.	PUNCT
ftr-471	559	1	131	131	NUM
ftr-471	559	2	.	.	PUNCT
ftr-471	560	1	each	each	DET
ftr-471	560	2	partner	partner	NOUN
ftr-471	560	3	's	's	PART
ftr-471	560	4	tax	tax	NOUN
ftr-471	560	5	capital	capital	NOUN
ftr-471	560	6	account	account	NOUN
ftr-471	560	7	initially	initially	ADV
ftr-471	560	8	reflects	reflect	VERB
ftr-471	560	9	the	the	DET
ftr-471	560	10	tax	tax	NOUN
ftr-471	560	11	basis	basis	NOUN
ftr-471	560	12	of	of	ADP
ftr-471	560	13	contributed	contribute	VERB
ftr-471	560	14	property	property	NOUN
ftr-471	560	15	;	;	PUNCT
ftr-471	560	16	the	the	DET
ftr-471	560	17	partnership	partnership	NOUN
ftr-471	560	18	must	must	AUX
ftr-471	560	19	maintain	maintain	VERB
ftr-471	560	20	separate	separate	ADJ
ftr-471	560	21	book	book	NOUN
ftr-471	560	22	capital	capital	NOUN
ftr-471	560	23	accounts	account	NOUN
ftr-471	560	24	whenever	whenever	SCONJ
ftr-471	560	25	property	property	NOUN
ftr-471	560	26	is	be	AUX
ftr-471	560	27	contributed	contribute	VERB
ftr-471	560	28	with	with	ADP
ftr-471	560	29	a	a	DET
ftr-471	560	30	basis	basis	NOUN
ftr-471	560	31	different	different	ADJ
ftr-471	560	32	from	from	ADP
ftr-471	560	33	its	its	PRON
ftr-471	560	34	fair	fair	ADJ
ftr-471	560	35	market	market	NOUN
ftr-471	560	36	value	value	NOUN
ftr-471	560	37	(	(	PUNCT
ftr-471	560	38	or	or	CCONJ
ftr-471	560	39	whenever	whenever	SCONJ
ftr-471	560	40	the	the	DET
ftr-471	560	41	partners	partner	NOUN
ftr-471	560	42	'	'	PART
ftr-471	560	43	capital	capital	NOUN
ftr-471	560	44	accounts	account	NOUN
ftr-471	560	45	are	be	AUX
ftr-471	560	46	restated	restate	VERB
ftr-471	560	47	to	to	PART
ftr-471	560	48	reflect	reflect	VERB
ftr-471	560	49	the	the	DET
ftr-471	560	50	fair	fair	ADJ
ftr-471	560	51	market	market	NOUN
ftr-471	560	52	value	value	NOUN
ftr-471	560	53	of	of	ADP
ftr-471	560	54	partnership	partnership	NOUN
ftr-471	560	55	property	property	NOUN
ftr-471	560	56	)	)	PUNCT
ftr-471	560	57	.	.	PUNCT
ftr-471	561	1	see	see	VERB
ftr-471	561	2	regs	reg	NOUN
ftr-471	561	3	.	.	PUNCT
ftr-471	562	1	§	§	PROPN
ftr-471	562	2	§	§	PROPN
ftr-471	562	3	1.704	1.704	NUM
ftr-471	562	4	-	-	NUM
ftr-471	562	5	1(b)(2)(iv)(d)(3	1(b)(2)(iv)(d)(3	NUM
ftr-471	562	6	)	)	PUNCT
ftr-471	562	7	,	,	PUNCT
ftr-471	562	8	1.704	1.704	NUM
ftr-471	562	9	-	-	SYM
ftr-471	562	10	1(b)(2)(iv)(f	1(b)(2)(iv)(f	NUM
ftr-471	562	11	)	)	PUNCT
ftr-471	562	12	.	.	PUNCT
ftr-471	563	1	132	132	NUM
ftr-471	563	2	.	.	PUNCT
ftr-471	563	3	see	see	VERB
ftr-471	563	4	irc	irc	PROPN
ftr-471	563	5	§	§	PROPN
ftr-471	563	6	§	§	PROPN
ftr-471	563	7	741	741	NUM
ftr-471	563	8	and	and	CCONJ
ftr-471	563	9	751(a	751(a	NUM
ftr-471	563	10	)	)	PUNCT
ftr-471	563	11	.	.	PUNCT
ftr-471	564	1	133	133	NUM
ftr-471	564	2	.	.	PUNCT
ftr-471	565	1	c	c	X
ftr-471	565	2	's	's	PART
ftr-471	565	3	one	one	NUM
ftr-471	565	4	-	-	PUNCT
ftr-471	565	5	sixth	sixth	ADJ
ftr-471	565	6	share	share	NOUN
ftr-471	565	7	(	(	PUNCT
ftr-471	565	8	$	$	SYM
ftr-471	565	9	5	5	NUM
ftr-471	565	10	)	)	PUNCT
ftr-471	565	11	of	of	ADP
ftr-471	565	12	unrealized	unrealized	ADJ
ftr-471	565	13	appreciation	appreciation	NOUN
ftr-471	565	14	in	in	ADP
ftr-471	565	15	land	land	NOUN
ftr-471	565	16	#	#	SYM
ftr-471	565	17	2	2	NUM
ftr-471	565	18	could	could	AUX
ftr-471	565	19	be	be	AUX
ftr-471	565	20	preserved	preserve	VERB
ftr-471	565	21	by	by	ADP
ftr-471	565	22	assigning	assign	VERB
ftr-471	565	23	such	such	ADJ
ftr-471	565	24	property	property	NOUN
ftr-471	565	25	a	a	DET
ftr-471	565	26	basis	basis	NOUN
ftr-471	565	27	of	of	ADP
ftr-471	565	28	$	$	SYM
ftr-471	565	29	85	85	NUM
ftr-471	565	30	(	(	PUNCT
ftr-471	565	31	rather	rather	ADV
ftr-471	565	32	than	than	ADP
ftr-471	565	33	$	$	SYM
ftr-471	565	34	90	90	NUM
ftr-471	565	35	)	)	PUNCT
ftr-471	565	36	in	in	ADP
ftr-471	565	37	c	c	PROPN
ftr-471	565	38	's	's	PART
ftr-471	565	39	hands	hand	NOUN
ftr-471	565	40	.	.	PUNCT
ftr-471	566	1	[	[	X
ftr-471	566	2	vol	vol	NOUN
ftr-471	566	3	.	.	PUNCT
ftr-471	566	4	3:12	3:12	NUM
ftr-471	566	5	partnership	partnership	NOUN
ftr-471	566	6	distributions	distribution	NOUN
ftr-471	566	7	:	:	PUNCT
ftr-471	566	8	options	option	NOUN
ftr-471	566	9	for	for	ADP
ftr-471	566	10	reform	reform	NOUN
ftr-471	566	11	c.	c.	PROPN
ftr-471	566	12	hot	hot	ADJ
ftr-471	566	13	asset	asset	NOUN
ftr-471	566	14	exchanges	exchange	NOUN
ftr-471	566	15	and	and	CCONJ
ftr-471	566	16	partnership	partnership	NOUN
ftr-471	566	17	rev'aluations	rev'aluation	NOUN
ftr-471	566	18	the	the	DET
ftr-471	566	19	deemed	deem	VERB
ftr-471	566	20	-	-	PUNCT
ftr-471	566	21	sale	sale	NOUN
ftr-471	566	22	approach	approach	NOUN
ftr-471	566	23	,	,	PUNCT
ftr-471	566	24	modelled	model	VERB
ftr-471	566	25	on	on	ADP
ftr-471	566	26	the	the	DET
ftr-471	566	27	treatment	treatment	NOUN
ftr-471	566	28	of	of	ADP
ftr-471	566	29	partial	partial	ADJ
ftr-471	566	30	dispositions	disposition	NOUN
ftr-471	566	31	outside	outside	ADP
ftr-471	566	32	subchapter	subchapter	NOUN
ftr-471	566	33	k	k	PROPN
ftr-471	566	34	,	,	PUNCT
ftr-471	566	35	is	be	AUX
ftr-471	566	36	simpler	simple	ADJ
ftr-471	566	37	than	than	ADP
ftr-471	566	38	existing	exist	VERB
ftr-471	566	39	section	section	NOUN
ftr-471	566	40	751	751	NUM
ftr-471	566	41	(	(	PUNCT
ftr-471	566	42	b	b	NOUN
ftr-471	566	43	)	)	PUNCT
ftr-471	566	44	.	.	PUNCT
ftr-471	567	1	it	it	PRON
ftr-471	567	2	would	would	AUX
ftr-471	567	3	ensure	ensure	VERB
ftr-471	567	4	that	that	SCONJ
ftr-471	567	5	the	the	DET
ftr-471	567	6	partners	partner	NOUN
ftr-471	567	7	'	'	PART
ftr-471	567	8	post	post	ADJ
ftr-471	567	9	-	-	ADJ
ftr-471	567	10	distribution	distribution	ADJ
ftr-471	567	11	tax	tax	NOUN
ftr-471	567	12	capital	capital	NOUN
ftr-471	567	13	accounts	account	NOUN
ftr-471	567	14	and	and	CCONJ
ftr-471	567	15	shares	share	NOUN
ftr-471	567	16	of	of	ADP
ftr-471	567	17	unrealized	unrealized	ADJ
ftr-471	567	18	gain	gain	NOUN
ftr-471	567	19	(	(	PUNCT
ftr-471	567	20	or	or	CCONJ
ftr-471	567	21	loss	loss	NOUN
ftr-471	567	22	)	)	PUNCT
ftr-471	567	23	generally	generally	ADV
ftr-471	567	24	correspond	correspond	VERB
ftr-471	567	25	to	to	ADP
ftr-471	567	26	their	their	PRON
ftr-471	567	27	continuing	continue	VERB
ftr-471	567	28	percentage	percentage	NOUN
ftr-471	567	29	interests	interest	NOUN
ftr-471	567	30	,	,	PUNCT
ftr-471	567	31	thereby	thereby	ADV
ftr-471	567	32	simplifying	simplify	VERB
ftr-471	567	33	partnership	partnership	NOUN
ftr-471	567	34	accounting	accounting	NOUN
ftr-471	567	35	.	.	PUNCT
ftr-471	568	1	notwithstanding	notwithstanding	ADP
ftr-471	568	2	these	these	DET
ftr-471	568	3	potential	potential	ADJ
ftr-471	568	4	advantages	advantage	NOUN
ftr-471	568	5	,	,	PUNCT
ftr-471	568	6	the	the	DET
ftr-471	568	7	deemed	deem	VERB
ftr-471	568	8	-	-	PUNCT
ftr-471	568	9	sale	sale	NOUN
ftr-471	568	10	approach	approach	NOUN
ftr-471	568	11	may	may	AUX
ftr-471	568	12	be	be	AUX
ftr-471	568	13	viewed	view	VERB
ftr-471	568	14	as	as	ADP
ftr-471	568	15	unacceptable	unacceptable	ADJ
ftr-471	568	16	by	by	ADP
ftr-471	568	17	those	those	PRON
ftr-471	568	18	who	who	PRON
ftr-471	568	19	believe	believe	VERB
ftr-471	568	20	that	that	SCONJ
ftr-471	568	21	nonrecognition	nonrecognition	NOUN
ftr-471	568	22	treatment	treatment	NOUN
ftr-471	568	23	serves	serve	VERB
ftr-471	568	24	important	important	ADJ
ftr-471	568	25	policy	policy	NOUN
ftr-471	568	26	goals	goal	NOUN
ftr-471	568	27	.	.	PUNCT
ftr-471	569	1	it	it	PRON
ftr-471	569	2	is	be	AUX
ftr-471	569	3	useful	useful	ADJ
ftr-471	569	4	,	,	PUNCT
ftr-471	569	5	therefore	therefore	ADV
ftr-471	569	6	,	,	PUNCT
ftr-471	569	7	to	to	PART
ftr-471	569	8	consider	consider	VERB
ftr-471	569	9	whether	whether	SCONJ
ftr-471	569	10	the	the	DET
ftr-471	569	11	aggregate	aggregate	ADJ
ftr-471	569	12	approach	approach	NOUN
ftr-471	569	13	of	of	ADP
ftr-471	569	14	existing	exist	VERB
ftr-471	569	15	section	section	NOUN
ftr-471	569	16	751	751	NUM
ftr-471	569	17	(	(	PUNCT
ftr-471	569	18	b	b	NOUN
ftr-471	569	19	)	)	PUNCT
ftr-471	569	20	might	might	AUX
ftr-471	569	21	be	be	AUX
ftr-471	569	22	improved	improve	VERB
ftr-471	569	23	and	and	CCONJ
ftr-471	569	24	extended	extend	VERB
ftr-471	569	25	.	.	PUNCT
ftr-471	570	1	by	by	ADP
ftr-471	570	2	contrast	contrast	NOUN
ftr-471	570	3	to	to	ADP
ftr-471	570	4	the	the	DET
ftr-471	570	5	deemed	deem	VERB
ftr-471	570	6	-	-	PUNCT
ftr-471	570	7	sale	sale	NOUN
ftr-471	570	8	approach	approach	NOUN
ftr-471	570	9	,	,	PUNCT
ftr-471	570	10	current	current	ADJ
ftr-471	570	11	subchapter	subchapter	NOUN
ftr-471	570	12	k	k	PROPN
ftr-471	570	13	does	do	AUX
ftr-471	570	14	not	not	PART
ftr-471	570	15	treat	treat	VERB
ftr-471	570	16	a	a	DET
ftr-471	570	17	reduction	reduction	NOUN
ftr-471	570	18	in	in	ADP
ftr-471	570	19	a	a	DET
ftr-471	570	20	partner	partner	NOUN
ftr-471	570	21	's	's	PART
ftr-471	570	22	interest	interest	NOUN
ftr-471	570	23	as	as	ADP
ftr-471	570	24	a	a	DET
ftr-471	570	25	partial	partial	ADJ
ftr-471	570	26	liquidation	liquidation	NOUN
ftr-471	570	27	of	of	ADP
ftr-471	570	28	a	a	DET
ftr-471	570	29	separate	separate	ADJ
ftr-471	570	30	interest.3	interest.3	NOUN
ftr-471	570	31	'	'	PUNCT
ftr-471	570	32	while	while	SCONJ
ftr-471	570	33	section	section	NOUN
ftr-471	570	34	7516b	7516b	PROPN
ftr-471	570	35	)	)	PUNCT
ftr-471	570	36	requires	require	VERB
ftr-471	570	37	fragmentation	fragmentation	NOUN
ftr-471	570	38	of	of	ADP
ftr-471	570	39	a	a	DET
ftr-471	570	40	partner	partner	NOUN
ftr-471	570	41	's	's	PART
ftr-471	570	42	interest	interest	NOUN
ftr-471	570	43	,	,	PUNCT
ftr-471	570	44	the	the	DET
ftr-471	570	45	method	method	NOUN
ftr-471	570	46	of	of	ADP
ftr-471	570	47	computing	compute	VERB
ftr-471	570	48	gain	gain	NOUN
ftr-471	570	49	reflects	reflect	VERB
ftr-471	570	50	a	a	DET
ftr-471	570	51	strict	strict	ADJ
ftr-471	570	52	aggregate	aggregate	ADJ
ftr-471	570	53	approach	approach	NOUN
ftr-471	570	54	.	.	PUNCT
ftr-471	571	1	in	in	ADP
ftr-471	571	2	the	the	DET
ftr-471	571	3	preceding	precede	VERB
ftr-471	571	4	example	example	NOUN
ftr-471	571	5	,	,	PUNCT
ftr-471	571	6	section	section	NOUN
ftr-471	571	7	751	751	NUM
ftr-471	571	8	(	(	PUNCT
ftr-471	571	9	b	b	NOUN
ftr-471	571	10	)	)	PUNCT
ftr-471	571	11	would	would	AUX
ftr-471	571	12	compute	compute	VERB
ftr-471	571	13	c	c	PROPN
ftr-471	571	14	's	's	PART
ftr-471	571	15	gain	gain	NOUN
ftr-471	571	16	on	on	ADP
ftr-471	571	17	the	the	DET
ftr-471	571	18	deemed	deemed	ADJ
ftr-471	571	19	exchange	exchange	NOUN
ftr-471	571	20	as	as	SCONJ
ftr-471	571	21	if	if	SCONJ
ftr-471	571	22	she	she	PRON
ftr-471	571	23	had	have	AUX
ftr-471	571	24	sold	sell	VERB
ftr-471	571	25	only	only	ADV
ftr-471	571	26	two	two	NUM
ftr-471	571	27	-	-	PUNCT
ftr-471	571	28	fifths	fifth	NOUN
ftr-471	571	29	(	(	PUNCT
ftr-471	571	30	not	not	PART
ftr-471	571	31	one	one	NUM
ftr-471	571	32	-	-	PUNCT
ftr-471	571	33	half	half	NOUN
ftr-471	571	34	)	)	PUNCT
ftr-471	571	35	of	of	ADP
ftr-471	571	36	her	her	PRON
ftr-471	571	37	interest	interest	NOUN
ftr-471	571	38	in	in	ADP
ftr-471	571	39	the	the	DET
ftr-471	571	40	partnership	partnership	NOUN
ftr-471	571	41	's	's	PART
ftr-471	571	42	hot	hot	ADJ
ftr-471	571	43	assets	asset	NOUN
ftr-471	571	44	.	.	PUNCT
ftr-471	571	45	'	'	PUNCT
ftr-471	571	46	35	35	NUM
ftr-471	571	47	although	although	SCONJ
ftr-471	571	48	the	the	DET
ftr-471	571	49	distribution	distribution	NOUN
ftr-471	571	50	represents	represent	VERB
ftr-471	571	51	one	one	NUM
ftr-471	571	52	-	-	PUNCT
ftr-471	571	53	half	half	NOUN
ftr-471	571	54	of	of	ADP
ftr-471	571	55	the	the	DET
ftr-471	571	56	total	total	ADJ
ftr-471	571	57	value	value	NOUN
ftr-471	571	58	of	of	ADP
ftr-471	571	59	c	c	PROPN
ftr-471	571	60	's	's	PART
ftr-471	571	61	partnership	partnership	NOUN
ftr-471	571	62	interest	interest	NOUN
ftr-471	571	63	,	,	PUNCT
ftr-471	571	64	her	her	PRON
ftr-471	571	65	percentage	percentage	NOUN
ftr-471	571	66	interest	interest	NOUN
ftr-471	571	67	in	in	ADP
ftr-471	571	68	the	the	DET
ftr-471	571	69	partnership	partnership	NOUN
ftr-471	571	70	has	have	AUX
ftr-471	571	71	been	be	AUX
ftr-471	571	72	reduced	reduce	VERB
ftr-471	571	73	from	from	ADP
ftr-471	571	74	one	one	NUM
ftr-471	571	75	-	-	PUNCT
ftr-471	571	76	third	third	NOUN
ftr-471	571	77	(	(	PUNCT
ftr-471	571	78	331/3	331/3	NUM
ftr-471	571	79	%	%	NOUN
ftr-471	571	80	)	)	PUNCT
ftr-471	571	81	to	to	ADP
ftr-471	571	82	one	one	NUM
ftr-471	571	83	-	-	PUNCT
ftr-471	571	84	fifth	fifth	ADJ
ftr-471	571	85	(	(	PUNCT
ftr-471	571	86	20	20	NUM
ftr-471	571	87	%	%	NOUN
ftr-471	571	88	)	)	PUNCT
ftr-471	571	89	.	.	PUNCT
ftr-471	572	1	thus	thus	ADV
ftr-471	572	2	,	,	PUNCT
ftr-471	572	3	c	c	PROPN
ftr-471	572	4	has	have	AUX
ftr-471	572	5	transferred	transfer	VERB
ftr-471	572	6	13	13	NUM
ftr-471	572	7	-	-	PUNCT
ftr-471	572	8	1/3	1/3	NUM
ftr-471	572	9	%	%	NOUN
ftr-471	572	10	of	of	ADP
ftr-471	572	11	the	the	DET
ftr-471	572	12	partnership	partnership	NOUN
ftr-471	572	13	's	's	PART
ftr-471	572	14	total	total	ADJ
ftr-471	572	15	hot	hot	ADJ
ftr-471	572	16	assets	asset	NOUN
ftr-471	572	17	(	(	PUNCT
ftr-471	572	18	or	or	CCONJ
ftr-471	572	19	two	two	NUM
ftr-471	572	20	-	-	PUNCT
ftr-471	572	21	fifths	fifth	NOUN
ftr-471	572	22	of	of	ADP
ftr-471	572	23	her	her	PRON
ftr-471	572	24	original	original	ADJ
ftr-471	572	25	one	one	NUM
ftr-471	572	26	-	-	PUNCT
ftr-471	572	27	third	third	NOUN
ftr-471	572	28	interest	interest	NOUN
ftr-471	572	29	)	)	PUNCT
ftr-471	572	30	to	to	ADP
ftr-471	572	31	a	a	PRON
ftr-471	572	32	and	and	CCONJ
ftr-471	572	33	b	b	NOUN
ftr-471	572	34	,	,	PUNCT
ftr-471	572	35	and	and	CCONJ
ftr-471	572	36	her	her	PRON
ftr-471	572	37	retained	retain	VERB
ftr-471	572	38	one	one	NUM
ftr-471	572	39	-	-	PUNCT
ftr-471	572	40	fifth	fifth	ADJ
ftr-471	572	41	interest	interest	NOUN
ftr-471	572	42	has	have	AUX
ftr-471	572	43	absorbed	absorb	VERB
ftr-471	572	44	a	a	DET
ftr-471	572	45	portion	portion	NOUN
ftr-471	572	46	of	of	ADP
ftr-471	572	47	the	the	DET
ftr-471	572	48	hot	hot	ADJ
ftr-471	572	49	asset	asset	NOUN
ftr-471	572	50	appreciation	appreciation	NOUN
ftr-471	572	51	attributable	attributable	ADJ
ftr-471	572	52	to	to	ADP
ftr-471	572	53	her	her	PRON
ftr-471	572	54	redeemed	redeem	VERB
ftr-471	572	55	interest	interest	NOUN
ftr-471	572	56	.	.	PUNCT
ftr-471	573	1	"	"	PUNCT
ftr-471	573	2	'	'	PUNCT
ftr-471	573	3	consistent	consistent	ADJ
ftr-471	573	4	with	with	ADP
ftr-471	573	5	a	a	DET
ftr-471	573	6	pure	pure	ADJ
ftr-471	573	7	aggregate	aggregate	ADJ
ftr-471	573	8	approach	approach	NOUN
ftr-471	573	9	,	,	PUNCT
ftr-471	573	10	section	section	NOUN
ftr-471	573	11	751	751	NUM
ftr-471	573	12	(	(	PUNCT
ftr-471	573	13	b	b	NOUN
ftr-471	573	14	)	)	PUNCT
ftr-471	573	15	requires	require	VERB
ftr-471	573	16	c	c	NOUN
ftr-471	573	17	to	to	PART
ftr-471	573	18	pay	pay	VERB
ftr-471	573	19	tax	tax	NOUN
ftr-471	573	20	only	only	ADV
ftr-471	573	21	on	on	ADP
ftr-471	573	22	her	her	PRON
ftr-471	573	23	share	share	NOUN
ftr-471	573	24	of	of	ADP
ftr-471	573	25	hot	hot	ADJ
ftr-471	573	26	assets	asset	NOUN
ftr-471	573	27	shifted	shift	VERB
ftr-471	573	28	to	to	ADP
ftr-471	573	29	the	the	DET
ftr-471	573	30	other	other	ADJ
ftr-471	573	31	partners	partner	NOUN
ftr-471	573	32	.	.	PUNCT
ftr-471	574	1	the	the	DET
ftr-471	574	2	current	current	ADJ
ftr-471	574	3	method	method	NOUN
ftr-471	574	4	of	of	ADP
ftr-471	574	5	computing	compute	VERB
ftr-471	574	6	gain	gain	NOUN
ftr-471	574	7	under	under	ADP
ftr-471	574	8	section	section	NOUN
ftr-471	574	9	751	751	NUM
ftr-471	574	10	(	(	PUNCT
ftr-471	574	11	b	b	NOUN
ftr-471	574	12	)	)	PUNCT
ftr-471	574	13	gives	give	VERB
ftr-471	574	14	rise	rise	NOUN
ftr-471	574	15	to	to	ADP
ftr-471	574	16	discontinuities	discontinuity	NOUN
ftr-471	574	17	among	among	ADP
ftr-471	574	18	the	the	DET
ftr-471	574	19	continuing	continue	VERB
ftr-471	574	20	partners	partner	NOUN
ftr-471	574	21	'	'	PART
ftr-471	574	22	tax	tax	NOUN
ftr-471	574	23	capital	capital	NOUN
ftr-471	574	24	accounts	account	NOUN
ftr-471	574	25	,	,	PUNCT
ftr-471	574	26	shares	share	NOUN
ftr-471	574	27	of	of	ADP
ftr-471	574	28	inside	inside	ADJ
ftr-471	574	29	basis	basis	NOUN
ftr-471	574	30	,	,	PUNCT
ftr-471	574	31	and	and	CCONJ
ftr-471	574	32	shares	share	NOUN
ftr-471	574	33	of	of	ADP
ftr-471	574	34	unrealized	unrealized	ADJ
ftr-471	574	35	appreciation	appreciation	NOUN
ftr-471	574	36	.	.	PUNCT
ftr-471	575	1	in	in	ADP
ftr-471	575	2	the	the	DET
ftr-471	575	3	deemed	deemed	ADJ
ftr-471	575	4	section	section	NOUN
ftr-471	575	5	75	75	NUM
ftr-471	575	6	1(b	1(b	NUM
ftr-471	575	7	)	)	PUNCT
ftr-471	575	8	exchange	exchange	NOUN
ftr-471	575	9	,	,	PUNCT
ftr-471	575	10	c	c	PROPN
ftr-471	575	11	would	would	AUX
ftr-471	575	12	be	be	AUX
ftr-471	575	13	treated	treat	VERB
ftr-471	575	14	as	as	ADP
ftr-471	575	15	relinquishing	relinquish	VERB
ftr-471	575	16	two	two	NUM
ftr-471	575	17	-	-	PUNCT
ftr-471	575	18	fifths	fifth	NOUN
ftr-471	575	19	of	of	ADP
ftr-471	575	20	her	her	PRON
ftr-471	575	21	original	original	ADJ
ftr-471	575	22	one	one	NUM
ftr-471	575	23	-	-	PUNCT
ftr-471	575	24	third	third	NOUN
ftr-471	575	25	share	share	NOUN
ftr-471	575	26	of	of	ADP
ftr-471	575	27	inventory	inventory	NOUN
ftr-471	575	28	(	(	PUNCT
ftr-471	575	29	with	with	ADP
ftr-471	575	30	a	a	DET
ftr-471	575	31	fair	fair	ADJ
ftr-471	575	32	market	market	NOUN
ftr-471	575	33	value	value	NOUN
ftr-471	575	34	of	of	ADP
ftr-471	575	35	$	$	SYM
ftr-471	575	36	24	24	NUM
ftr-471	575	37	and	and	CCONJ
ftr-471	575	38	a	a	DET
ftr-471	575	39	134	134	NUM
ftr-471	575	40	.	.	PUNCT
ftr-471	576	1	any	any	DET
ftr-471	576	2	distribution	distribution	NOUN
ftr-471	576	3	other	other	ADJ
ftr-471	576	4	than	than	ADP
ftr-471	576	5	a	a	DET
ftr-471	576	6	liquidating	liquidating	NOUN
ftr-471	576	7	distribution	distribution	NOUN
ftr-471	576	8	is	be	AUX
ftr-471	576	9	treated	treat	VERB
ftr-471	576	10	as	as	ADP
ftr-471	576	11	a	a	DET
ftr-471	576	12	current	current	ADJ
ftr-471	576	13	distribution	distribution	NOUN
ftr-471	576	14	.	.	PUNCT
ftr-471	577	1	see	see	VERB
ftr-471	577	2	regs	reg	NOUN
ftr-471	577	3	.	.	PUNCT
ftr-471	578	1	§	§	PROPN
ftr-471	578	2	1.761	1.761	NUM
ftr-471	578	3	-	-	SYM
ftr-471	578	4	1(d	1(d	NUM
ftr-471	578	5	)	)	PUNCT
ftr-471	578	6	.	.	PUNCT
ftr-471	579	1	135	135	NUM
ftr-471	579	2	.	.	PUNCT
ftr-471	580	1	see	see	PROPN
ftr-471	580	2	andrews	andrews	PROPN
ftr-471	580	3	,	,	PUNCT
ftr-471	580	4	supra	supra	PROPN
ftr-471	580	5	note	note	PROPN
ftr-471	580	6	12	12	NUM
ftr-471	580	7	,	,	PUNCT
ftr-471	580	8	at	at	ADP
ftr-471	580	9	69	69	NUM
ftr-471	580	10	;	;	PUNCT
ftr-471	580	11	s.	s.	PROPN
ftr-471	580	12	rep	rep	PROPN
ftr-471	580	13	.	.	PROPN
ftr-471	580	14	no	no	PROPN
ftr-471	580	15	.	.	NOUN
ftr-471	580	16	1622	1622	NUM
ftr-471	580	17	,	,	PUNCT
ftr-471	580	18	supra	supra	NOUN
ftr-471	580	19	note	note	NOUN
ftr-471	580	20	4	4	NUM
ftr-471	580	21	.	.	PUNCT
ftr-471	581	1	at	at	ADP
ftr-471	581	2	98	98	NUM
ftr-471	581	3	-	-	SYM
ftr-471	581	4	99	99	NUM
ftr-471	581	5	,	,	PUNCT
ftr-471	581	6	reprinted	reprint	VERB
ftr-471	581	7	in	in	ADP
ftr-471	581	8	1954	1954	NUM
ftr-471	581	9	u.s.c.c.a.n	u.s.c.c.a.n	PROPN
ftr-471	581	10	.	.	PUNCT
ftr-471	582	1	at	at	ADP
ftr-471	582	2	5045	5045	NUM
ftr-471	582	3	-	-	SYM
ftr-471	582	4	47	47	NUM
ftr-471	582	5	.	.	PUNCT
ftr-471	583	1	136	136	NUM
ftr-471	583	2	.	.	PUNCT
ftr-471	584	1	prior	prior	ADV
ftr-471	584	2	to	to	ADP
ftr-471	584	3	the	the	DET
ftr-471	584	4	redemption	redemption	NOUN
ftr-471	584	5	,	,	PUNCT
ftr-471	584	6	one	one	NUM
ftr-471	584	7	-	-	PUNCT
ftr-471	584	8	third	third	NOUN
ftr-471	584	9	of	of	ADP
ftr-471	584	10	the	the	DET
ftr-471	584	11	total	total	ADJ
ftr-471	584	12	hot	hot	ADJ
ftr-471	584	13	asset	asset	NOUN
ftr-471	584	14	appreciation	appreciation	NOUN
ftr-471	584	15	(	(	PUNCT
ftr-471	584	16	$	$	SYM
ftr-471	584	17	40	40	NUM
ftr-471	584	18	)	)	PUNCT
ftr-471	584	19	was	be	AUX
ftr-471	584	20	attributable	attributable	ADJ
ftr-471	584	21	to	to	ADP
ftr-471	584	22	c	c	PROPN
ftr-471	584	23	's	's	PART
ftr-471	584	24	one	one	NUM
ftr-471	584	25	-	-	PUNCT
ftr-471	584	26	third	third	NOUN
ftr-471	584	27	interest	interest	NOUN
ftr-471	584	28	.	.	PUNCT
ftr-471	585	1	consequently	consequently	ADV
ftr-471	585	2	,	,	PUNCT
ftr-471	585	3	one	one	NUM
ftr-471	585	4	-	-	PUNCT
ftr-471	585	5	sixth	sixth	NOUN
ftr-471	585	6	of	of	ADP
ftr-471	585	7	the	the	DET
ftr-471	585	8	total	total	ADJ
ftr-471	585	9	hot	hot	ADJ
ftr-471	585	10	asset	asset	NOUN
ftr-471	585	11	appreciation	appreciation	NOUN
ftr-471	585	12	(	(	PUNCT
ftr-471	585	13	$	$	SYM
ftr-471	585	14	20	20	NUM
ftr-471	585	15	)	)	PUNCT
ftr-471	585	16	was	be	AUX
ftr-471	585	17	attributable	attributable	ADJ
ftr-471	585	18	to	to	ADP
ftr-471	585	19	the	the	DET
ftr-471	585	20	redeemed	redeem	VERB
ftr-471	585	21	one	one	NUM
ftr-471	585	22	-	-	PUNCT
ftr-471	585	23	half	half	NOUN
ftr-471	585	24	of	of	ADP
ftr-471	585	25	c	c	NOUN
ftr-471	585	26	's	's	PART
ftr-471	585	27	one	one	NUM
ftr-471	585	28	-	-	PUNCT
ftr-471	585	29	third	third	NOUN
ftr-471	585	30	interest	interest	NOUN
ftr-471	585	31	.	.	PUNCT
ftr-471	586	1	however	however	ADV
ftr-471	586	2	,	,	PUNCT
ftr-471	586	3	upon	upon	SCONJ
ftr-471	586	4	the	the	DET
ftr-471	586	5	redemption	redemption	NOUN
ftr-471	586	6	,	,	PUNCT
ftr-471	586	7	§	§	PROPN
ftr-471	586	8	751(b	751(b	PROPN
ftr-471	586	9	)	)	PUNCT
ftr-471	586	10	would	would	AUX
ftr-471	586	11	require	require	VERB
ftr-471	586	12	c	c	PROPN
ftr-471	586	13	to	to	PART
ftr-471	586	14	recognize	recognize	VERB
ftr-471	586	15	only	only	ADV
ftr-471	586	16	s16	s16	NOUN
ftr-471	586	17	,	,	PUNCT
ftr-471	586	18	or	or	CCONJ
ftr-471	586	19	four	four	NUM
ftr-471	586	20	-	-	PUNCT
ftr-471	586	21	fifths	fifth	NOUN
ftr-471	586	22	(	(	PUNCT
ftr-471	586	23	s161s20	s161s20	X
ftr-471	586	24	)	)	PUNCT
ftr-471	586	25	,	,	PUNCT
ftr-471	586	26	of	of	ADP
ftr-471	586	27	the	the	DET
ftr-471	586	28	total	total	ADJ
ftr-471	586	29	hot	hot	ADJ
ftr-471	586	30	asset	asset	NOUN
ftr-471	586	31	appreciation	appreciation	NOUN
ftr-471	586	32	attributable	attributable	ADJ
ftr-471	586	33	to	to	ADP
ftr-471	586	34	the	the	DET
ftr-471	586	35	redeemed	redeem	VERB
ftr-471	586	36	interest	interest	NOUN
ftr-471	586	37	.	.	PUNCT
ftr-471	587	1	consequently	consequently	ADV
ftr-471	587	2	,	,	PUNCT
ftr-471	587	3	after	after	ADP
ftr-471	587	4	the	the	DET
ftr-471	587	5	redemption	redemption	NOUN
ftr-471	587	6	,	,	PUNCT
ftr-471	587	7	c	c	X
ftr-471	587	8	's	's	PART
ftr-471	587	9	remaining	remain	VERB
ftr-471	587	10	one	one	NUM
ftr-471	587	11	-	-	PUNCT
ftr-471	587	12	fifth	fifth	ADJ
ftr-471	587	13	interest	interest	NOUN
ftr-471	587	14	would	would	AUX
ftr-471	587	15	be	be	AUX
ftr-471	587	16	responsible	responsible	ADJ
ftr-471	587	17	for	for	ADP
ftr-471	587	18	total	total	ADJ
ftr-471	587	19	hot	hot	ADJ
ftr-471	587	20	asset	asset	NOUN
ftr-471	587	21	appreciation	appreciation	NOUN
ftr-471	587	22	of	of	ADP
ftr-471	587	23	$	$	SYM
ftr-471	587	24	24	24	NUM
ftr-471	587	25	,	,	PUNCT
ftr-471	587	26	i.e.	i.e.	X
ftr-471	587	27	,	,	PUNCT
ftr-471	587	28	its	its	PRON
ftr-471	587	29	original	original	ADJ
ftr-471	587	30	one	one	NUM
ftr-471	587	31	-	-	PUNCT
ftr-471	587	32	sixth	sixth	ADJ
ftr-471	587	33	share	share	NOUN
ftr-471	587	34	(	(	PUNCT
ftr-471	587	35	$	$	SYM
ftr-471	587	36	20	20	NUM
ftr-471	587	37	)	)	PUNCT
ftr-471	587	38	plus	plus	CCONJ
ftr-471	587	39	one	one	NUM
ftr-471	587	40	-	-	PUNCT
ftr-471	587	41	fifth	fifth	NOUN
ftr-471	587	42	of	of	ADP
ftr-471	587	43	the	the	DET
ftr-471	587	44	redeemed	redeem	VERB
ftr-471	587	45	interest	interest	NOUN
ftr-471	587	46	's	's	PART
ftr-471	587	47	share	share	NOUN
ftr-471	587	48	(	(	PUNCT
ftr-471	587	49	$	$	SYM
ftr-471	587	50	4	4	NUM
ftr-471	587	51	)	)	PUNCT
ftr-471	587	52	.	.	PUNCT
ftr-471	588	1	see	see	PROPN
ftr-471	588	2	andrews	andrews	PROPN
ftr-471	588	3	,	,	PUNCT
ftr-471	588	4	supra	supra	PROPN
ftr-471	588	5	note	note	PROPN
ftr-471	588	6	12	12	NUM
ftr-471	588	7	,	,	PUNCT
ftr-471	588	8	at	at	ADP
ftr-471	588	9	69	69	NUM
ftr-471	588	10	.	.	PUNCT
ftr-471	589	1	19981	19981	NUM
ftr-471	589	2	florida	florida	PROPN
ftr-471	589	3	tax	tax	PROPN
ftr-471	589	4	review	review	NOUN
ftr-471	589	5	basis	basis	NOUN
ftr-471	589	6	of	of	ADP
ftr-471	589	7	$	$	SYM
ftr-471	589	8	8)	8)	NUM
ftr-471	589	9	in	in	ADP
ftr-471	589	10	exchange	exchange	NOUN
ftr-471	589	11	for	for	ADP
ftr-471	589	12	a	a	DET
ftr-471	589	13	commensurate	commensurate	ADJ
ftr-471	589	14	increased	increase	VERB
ftr-471	589	15	interest	interest	NOUN
ftr-471	589	16	in	in	ADP
ftr-471	589	17	land	land	NOUN
ftr-471	589	18	#	#	SYM
ftr-471	589	19	2	2	NUM
ftr-471	589	20	.	.	PUNCT
ftr-471	590	1	accordingly	accordingly	ADV
ftr-471	590	2	,	,	PUNCT
ftr-471	590	3	c	c	PROPN
ftr-471	590	4	would	would	AUX
ftr-471	590	5	recognize	recognize	VERB
ftr-471	590	6	$	$	SYM
ftr-471	590	7	16	16	NUM
ftr-471	590	8	of	of	ADP
ftr-471	590	9	ordinary	ordinary	ADJ
ftr-471	590	10	income	income	NOUN
ftr-471	590	11	,	,	PUNCT
ftr-471	590	12	and	and	CCONJ
ftr-471	590	13	the	the	DET
ftr-471	590	14	partnership	partnership	NOUN
ftr-471	590	15	's	's	PART
ftr-471	590	16	basis	basis	NOUN
ftr-471	590	17	in	in	ADP
ftr-471	590	18	the	the	DET
ftr-471	590	19	inventory	inventory	NOUN
ftr-471	590	20	would	would	AUX
ftr-471	590	21	be	be	AUX
ftr-471	590	22	increased	increase	VERB
ftr-471	590	23	from	from	ADP
ftr-471	590	24	$	$	SYM
ftr-471	590	25	60	60	NUM
ftr-471	590	26	to	to	PART
ftr-471	590	27	$	$	SYM
ftr-471	590	28	76	76	NUM
ftr-471	590	29	.	.	PUNCT
ftr-471	590	30	'	'	PUNCT
ftr-471	591	1	since	since	SCONJ
ftr-471	591	2	section	section	NOUN
ftr-471	591	3	751(b	751(b	PROPN
ftr-471	591	4	)	)	PUNCT
ftr-471	591	5	taxes	taxis	NOUN
ftr-471	591	6	c	c	NOUN
ftr-471	591	7	on	on	ADP
ftr-471	591	8	only	only	ADV
ftr-471	591	9	two	two	NUM
ftr-471	591	10	-	-	PUNCT
ftr-471	591	11	fifths	fifth	NOUN
ftr-471	591	12	(	(	PUNCT
ftr-471	591	13	not	not	PART
ftr-471	591	14	one	one	NUM
ftr-471	591	15	-	-	PUNCT
ftr-471	591	16	half	half	NOUN
ftr-471	591	17	)	)	PUNCT
ftr-471	591	18	of	of	ADP
ftr-471	591	19	her	her	PRON
ftr-471	591	20	original	original	ADJ
ftr-471	591	21	share	share	NOUN
ftr-471	591	22	of	of	ADP
ftr-471	591	23	the	the	DET
ftr-471	591	24	hot	hot	ADJ
ftr-471	591	25	asset	asset	NOUN
ftr-471	591	26	appreciation	appreciation	NOUN
ftr-471	591	27	,	,	PUNCT
ftr-471	591	28	she	she	PRON
ftr-471	591	29	should	should	AUX
ftr-471	591	30	remain	remain	VERB
ftr-471	591	31	taxable	taxable	ADJ
ftr-471	591	32	on	on	ADP
ftr-471	591	33	her	her	PRON
ftr-471	591	34	retained	retain	VERB
ftr-471	591	35	threefifths	threefifth	NOUN
ftr-471	591	36	share	share	NOUN
ftr-471	591	37	(	(	PUNCT
ftr-471	591	38	one	one	NUM
ftr-471	591	39	-	-	PUNCT
ftr-471	591	40	fifth	fifth	NOUN
ftr-471	591	41	of	of	ADP
ftr-471	591	42	the	the	DET
ftr-471	591	43	total	total	NOUN
ftr-471	591	44	)	)	PUNCT
ftr-471	591	45	.	.	PUNCT
ftr-471	592	1	upon	upon	SCONJ
ftr-471	592	2	a	a	DET
ftr-471	592	3	sale	sale	NOUN
ftr-471	592	4	of	of	ADP
ftr-471	592	5	the	the	DET
ftr-471	592	6	inventory	inventory	NOUN
ftr-471	592	7	,	,	PUNCT
ftr-471	592	8	the	the	DET
ftr-471	592	9	other	other	ADJ
ftr-471	592	10	partners	partner	NOUN
ftr-471	592	11	should	should	AUX
ftr-471	592	12	apparently	apparently	ADV
ftr-471	592	13	receive	receive	VERB
ftr-471	592	14	the	the	DET
ftr-471	592	15	entire	entire	ADJ
ftr-471	592	16	benefit	benefit	NOUN
ftr-471	592	17	of	of	ADP
ftr-471	592	18	the	the	DET
ftr-471	592	19	$	$	SYM
ftr-471	592	20	16	16	NUM
ftr-471	592	21	increase	increase	NOUN
ftr-471	592	22	in	in	ADP
ftr-471	592	23	inside	inside	ADJ
ftr-471	592	24	basis	basis	NOUN
ftr-471	592	25	,	,	PUNCT
ftr-471	592	26	requiring	require	VERB
ftr-471	592	27	a	a	DET
ftr-471	592	28	special	special	ADJ
ftr-471	592	29	allocation	allocation	NOUN
ftr-471	592	30	of	of	ADP
ftr-471	592	31	gain	gain	NOUN
ftr-471	592	32	to	to	PART
ftr-471	592	33	distinguish	distinguish	VERB
ftr-471	592	34	c	c	PROPN
ftr-471	592	35	from	from	ADP
ftr-471	592	36	the	the	DET
ftr-471	592	37	other	other	ADJ
ftr-471	592	38	partners.1	partners.1	PROPN
ftr-471	592	39	38	38	NUM
ftr-471	592	40	the	the	DET
ftr-471	592	41	analysis	analysis	NOUN
ftr-471	592	42	would	would	AUX
ftr-471	592	43	be	be	AUX
ftr-471	592	44	different	different	ADJ
ftr-471	592	45	if	if	SCONJ
ftr-471	592	46	,	,	PUNCT
ftr-471	592	47	in	in	ADP
ftr-471	592	48	connection	connection	NOUN
ftr-471	592	49	with	with	ADP
ftr-471	592	50	the	the	DET
ftr-471	592	51	distribution	distribution	NOUN
ftr-471	592	52	,	,	PUNCT
ftr-471	592	53	the	the	DET
ftr-471	592	54	partnership	partnership	NOUN
ftr-471	592	55	elected	elect	VERB
ftr-471	592	56	to	to	AUX
ftr-471	592	57	"	"	PUNCT
ftr-471	592	58	book	book	VERB
ftr-471	592	59	up	up	ADP
ftr-471	592	60	"	"	PUNCT
ftr-471	592	61	the	the	DET
ftr-471	592	62	partners	partner	NOUN
ftr-471	592	63	'	'	PART
ftr-471	592	64	capital	capital	NOUN
ftr-471	592	65	accounts	account	NOUN
ftr-471	592	66	and	and	CCONJ
ftr-471	592	67	revalue	revalue	VERB
ftr-471	592	68	its	its	PRON
ftr-471	592	69	assets	asset	NOUN
ftr-471	592	70	.	.	PUNCT
ftr-471	593	1	139	139	NUM
ftr-471	593	2	following	follow	VERB
ftr-471	593	3	a	a	DET
ftr-471	593	4	revaluation	revaluation	NOUN
ftr-471	593	5	,	,	PUNCT
ftr-471	593	6	section	section	NOUN
ftr-471	593	7	704(c	704(c	PROPN
ftr-471	593	8	)	)	PUNCT
ftr-471	593	9	principles	principle	NOUN
ftr-471	593	10	(	(	PUNCT
ftr-471	593	11	so	so	ADV
ftr-471	593	12	-	-	PUNCT
ftr-471	593	13	called	call	VERB
ftr-471	593	14	"	"	PUNCT
ftr-471	593	15	reverse	reverse	NOUN
ftr-471	593	16	-	-	PUNCT
ftr-471	593	17	section	section	NOUN
ftr-471	593	18	704(c	704(c	PROPN
ftr-471	593	19	)	)	PUNCT
ftr-471	593	20	allocations	allocation	NOUN
ftr-471	593	21	"	"	PUNCT
ftr-471	593	22	)	)	PUNCT
ftr-471	593	23	govern	govern	VERB
ftr-471	593	24	in	in	ADP
ftr-471	593	25	determining	determine	VERB
ftr-471	593	26	the	the	DET
ftr-471	593	27	allocation	allocation	NOUN
ftr-471	593	28	of	of	ADP
ftr-471	593	29	the	the	DET
ftr-471	593	30	partnership	partnership	NOUN
ftr-471	593	31	's	's	PART
ftr-471	593	32	tax	tax	NOUN
ftr-471	593	33	items	item	NOUN
ftr-471	593	34	with	with	ADP
ftr-471	593	35	respect	respect	NOUN
ftr-471	593	36	to	to	ADP
ftr-471	593	37	revalued	revalue	VERB
ftr-471	593	38	property	property	NOUN
ftr-471	593	39	.	.	PUNCT
ftr-471	594	1	40	40	NUM
ftr-471	595	1	the	the	DET
ftr-471	595	2	consequences	consequence	NOUN
ftr-471	595	3	of	of	ADP
ftr-471	595	4	a	a	DET
ftr-471	595	5	general	general	ADJ
ftr-471	595	6	revaluation	revaluation	NOUN
ftr-471	595	7	upon	upon	SCONJ
ftr-471	595	8	redemption	redemption	NOUN
ftr-471	595	9	of	of	ADP
ftr-471	595	10	a	a	DET
ftr-471	595	11	partner	partner	NOUN
ftr-471	595	12	's	's	PART
ftr-471	595	13	interest	interest	NOUN
ftr-471	595	14	are	be	AUX
ftr-471	595	15	thus	thus	ADV
ftr-471	595	16	similar	similar	ADJ
ftr-471	595	17	to	to	ADP
ftr-471	595	18	those	those	PRON
ftr-471	595	19	in	in	ADP
ftr-471	595	20	connection	connection	NOUN
ftr-471	595	21	with	with	ADP
ftr-471	595	22	admission	admission	NOUN
ftr-471	595	23	of	of	ADP
ftr-471	595	24	a	a	DET
ftr-471	595	25	new	new	ADJ
ftr-471	595	26	partner	partner	NOUN
ftr-471	595	27	when	when	SCONJ
ftr-471	595	28	a	a	DET
ftr-471	595	29	partnership	partnership	NOUN
ftr-471	595	30	holds	hold	VERB
ftr-471	595	31	appreciated	appreciated	ADJ
ftr-471	595	32	property	property	NOUN
ftr-471	595	33	.	.	PUNCT
ftr-471	596	1	although	although	SCONJ
ftr-471	596	2	a	a	DET
ftr-471	596	3	general	general	ADJ
ftr-471	596	4	revaluation	revaluation	NOUN
ftr-471	596	5	is	be	AUX
ftr-471	596	6	optional	optional	ADJ
ftr-471	596	7	in	in	ADP
ftr-471	596	8	connection	connection	NOUN
ftr-471	596	9	with	with	ADP
ftr-471	596	10	redemption	redemption	NOUN
ftr-471	596	11	of	of	ADP
ftr-471	596	12	a	a	DET
ftr-471	596	13	partner	partner	NOUN
ftr-471	596	14	's	's	PART
ftr-471	596	15	interest	interest	NOUN
ftr-471	596	16	,	,	PUNCT
ftr-471	596	17	the	the	DET
ftr-471	596	18	section	section	NOUN
ftr-471	596	19	704(b	704(b	PROPN
ftr-471	596	20	)	)	PUNCT
ftr-471	596	21	regulations	regulation	NOUN
ftr-471	596	22	warn	warn	VERB
ftr-471	596	23	that	that	SCONJ
ftr-471	596	24	the	the	DET
ftr-471	596	25	absence	absence	NOUN
ftr-471	596	26	of	of	ADP
ftr-471	596	27	such	such	DET
ftr-471	596	28	a	a	DET
ftr-471	596	29	revaluation	revaluation	NOUN
ftr-471	596	30	(	(	PUNCT
ftr-471	596	31	or	or	CCONJ
ftr-471	596	32	an	an	DET
ftr-471	596	33	equivalent	equivalent	ADJ
ftr-471	596	34	special	special	ADJ
ftr-471	596	35	allocation	allocation	NOUN
ftr-471	596	36	of	of	ADP
ftr-471	596	37	pre	pre	ADJ
ftr-471	596	38	-	-	ADJ
ftr-471	596	39	distribution	distribution	ADJ
ftr-471	596	40	gain	gain	NOUN
ftr-471	596	41	or	or	CCONJ
ftr-471	596	42	loss	loss	NOUN
ftr-471	596	43	)	)	PUNCT
ftr-471	596	44	may	may	AUX
ftr-471	596	45	have	have	VERB
ftr-471	596	46	137	137	NUM
ftr-471	596	47	.	.	PUNCT
ftr-471	597	1	see	see	VERB
ftr-471	597	2	regs	reg	NOUN
ftr-471	597	3	.	.	PUNCT
ftr-471	598	1	§	§	PROPN
ftr-471	598	2	1.751	1.751	NUM
ftr-471	598	3	-	-	PUNCT
ftr-471	598	4	1(b)(3)(iii	1(b)(3)(iii	NUM
ftr-471	598	5	)	)	PUNCT
ftr-471	598	6	.	.	PUNCT
ftr-471	599	1	under	under	ADP
ftr-471	599	2	current	current	ADJ
ftr-471	599	3	§	§	PROPN
ftr-471	599	4	751(b	751(b	PROPN
ftr-471	599	5	)	)	PUNCT
ftr-471	599	6	,	,	PUNCT
ftr-471	599	7	the	the	DET
ftr-471	599	8	partnership	partnership	NOUN
ftr-471	599	9	would	would	AUX
ftr-471	599	10	be	be	AUX
ftr-471	599	11	treated	treat	VERB
ftr-471	599	12	as	as	ADP
ftr-471	599	13	exchanging	exchange	VERB
ftr-471	599	14	an	an	DET
ftr-471	599	15	interest	interest	NOUN
ftr-471	599	16	in	in	ADP
ftr-471	599	17	a	a	DET
ftr-471	599	18	portion	portion	NOUN
ftr-471	599	19	of	of	ADP
ftr-471	599	20	land	land	NOUN
ftr-471	599	21	#	#	SYM
ftr-471	599	22	2	2	NUM
ftr-471	599	23	(	(	PUNCT
ftr-471	599	24	with	with	ADP
ftr-471	599	25	a	a	DET
ftr-471	599	26	fair	fair	ADJ
ftr-471	599	27	market	market	NOUN
ftr-471	599	28	value	value	NOUN
ftr-471	599	29	of	of	ADP
ftr-471	599	30	$	$	SYM
ftr-471	599	31	24	24	NUM
ftr-471	599	32	and	and	CCONJ
ftr-471	599	33	a	a	DET
ftr-471	599	34	basis	basis	NOUN
ftr-471	599	35	of	of	ADP
ftr-471	599	36	$	$	SYM
ftr-471	599	37	16	16	NUM
ftr-471	599	38	)	)	PUNCT
ftr-471	599	39	for	for	ADP
ftr-471	599	40	an	an	DET
ftr-471	599	41	increased	increase	VERB
ftr-471	599	42	interest	interest	NOUN
ftr-471	599	43	in	in	ADP
ftr-471	599	44	the	the	DET
ftr-471	599	45	partnership	partnership	NOUN
ftr-471	599	46	's	's	PART
ftr-471	599	47	hot	hot	ADJ
ftr-471	599	48	assets	asset	NOUN
ftr-471	599	49	;	;	PUNCT
ftr-471	599	50	the	the	DET
ftr-471	599	51	partnership	partnership	NOUN
ftr-471	599	52	's	's	PART
ftr-471	599	53	recognized	recognize	VERB
ftr-471	599	54	gain	gain	NOUN
ftr-471	599	55	of	of	ADP
ftr-471	599	56	$	$	SYM
ftr-471	599	57	8	8	NUM
ftr-471	599	58	should	should	AUX
ftr-471	599	59	presumably	presumably	ADV
ftr-471	599	60	be	be	AUX
ftr-471	599	61	allocated	allocate	VERB
ftr-471	599	62	entirely	entirely	ADV
ftr-471	599	63	to	to	ADP
ftr-471	599	64	a	a	PRON
ftr-471	599	65	and	and	CCONJ
ftr-471	599	66	b.	b.	PROPN
ftr-471	599	67	see	see	PROPN
ftr-471	599	68	regs	reg	NOUN
ftr-471	599	69	.	.	PUNCT
ftr-471	600	1	§	§	PROPN
ftr-471	600	2	1.75	1.75	NUM
ftr-471	600	3	1i	1i	NOUN
ftr-471	600	4	(	(	PUNCT
ftr-471	600	5	b)(3)(ii	b)(3)(ii	PROPN
ftr-471	600	6	)	)	PUNCT
ftr-471	600	7	.	.	PUNCT
ftr-471	601	1	138	138	NUM
ftr-471	601	2	.	.	PUNCT
ftr-471	602	1	before	before	ADP
ftr-471	602	2	taking	take	VERB
ftr-471	602	3	into	into	ADP
ftr-471	602	4	account	account	NOUN
ftr-471	602	5	the	the	DET
ftr-471	602	6	basis	basis	NOUN
ftr-471	602	7	adjustment	adjustment	NOUN
ftr-471	602	8	,	,	PUNCT
ftr-471	602	9	the	the	DET
ftr-471	602	10	partnership	partnership	NOUN
ftr-471	602	11	has	have	VERB
ftr-471	602	12	$	$	SYM
ftr-471	602	13	120	120	NUM
ftr-471	602	14	of	of	ADP
ftr-471	602	15	potential	potential	ADJ
ftr-471	602	16	hot	hot	ADJ
ftr-471	602	17	asset	asset	NOUN
ftr-471	602	18	gain	gain	NOUN
ftr-471	602	19	.	.	PUNCT
ftr-471	603	1	c	c	X
ftr-471	603	2	's	's	PART
ftr-471	603	3	one	one	NUM
ftr-471	603	4	-	-	PUNCT
ftr-471	603	5	fifth	fifth	ADJ
ftr-471	603	6	share	share	NOUN
ftr-471	603	7	of	of	ADP
ftr-471	603	8	the	the	DET
ftr-471	603	9	remaining	remain	VERB
ftr-471	603	10	hot	hot	ADJ
ftr-471	603	11	asset	asset	NOUN
ftr-471	603	12	gain	gain	NOUN
ftr-471	603	13	(	(	PUNCT
ftr-471	603	14	$	$	SYM
ftr-471	603	15	24	24	NUM
ftr-471	603	16	)	)	PUNCT
ftr-471	603	17	plus	plus	CCONJ
ftr-471	603	18	her	her	PRON
ftr-471	603	19	hot	hot	ADJ
ftr-471	603	20	asset	asset	NOUN
ftr-471	603	21	gain	gain	NOUN
ftr-471	603	22	recognized	recognize	VERB
ftr-471	603	23	on	on	ADP
ftr-471	603	24	the	the	DET
ftr-471	603	25	distribution	distribution	NOUN
ftr-471	603	26	(	(	PUNCT
ftr-471	603	27	$	$	SYM
ftr-471	603	28	16	16	NUM
ftr-471	603	29	)	)	PUNCT
ftr-471	603	30	equals	equal	VERB
ftr-471	603	31	her	her	PRON
ftr-471	603	32	pre	pre	ADJ
ftr-471	603	33	-	-	ADJ
ftr-471	603	34	distribution	distribution	ADJ
ftr-471	603	35	share	share	NOUN
ftr-471	603	36	(	(	PUNCT
ftr-471	603	37	$	$	SYM
ftr-471	603	38	40	40	NUM
ftr-471	603	39	)	)	PUNCT
ftr-471	603	40	of	of	ADP
ftr-471	603	41	the	the	DET
ftr-471	603	42	partnership	partnership	NOUN
ftr-471	603	43	's	's	PART
ftr-471	603	44	hot	hot	ADJ
ftr-471	603	45	asset	asset	NOUN
ftr-471	603	46	gain	gain	NOUN
ftr-471	603	47	.	.	PUNCT
ftr-471	604	1	since	since	SCONJ
ftr-471	604	2	a	a	PRON
ftr-471	604	3	and	and	CCONJ
ftr-471	604	4	b	b	NOUN
ftr-471	604	5	should	should	AUX
ftr-471	604	6	be	be	AUX
ftr-471	604	7	taxed	tax	VERB
ftr-471	604	8	on	on	ADP
ftr-471	604	9	total	total	ADJ
ftr-471	604	10	hot	hot	ADJ
ftr-471	604	11	asset	asset	NOUN
ftr-471	604	12	gain	gain	NOUN
ftr-471	604	13	of	of	ADP
ftr-471	604	14	$	$	SYM
ftr-471	604	15	80	80	NUM
ftr-471	604	16	,	,	PUNCT
ftr-471	604	17	they	they	PRON
ftr-471	604	18	must	must	AUX
ftr-471	604	19	receive	receive	VERB
ftr-471	604	20	the	the	DET
ftr-471	604	21	benefit	benefit	NOUN
ftr-471	604	22	of	of	ADP
ftr-471	604	23	the	the	DET
ftr-471	604	24	entire	entire	ADJ
ftr-471	604	25	$	$	SYM
ftr-471	604	26	16	16	NUM
ftr-471	604	27	adjustment	adjustment	NOUN
ftr-471	604	28	to	to	ADP
ftr-471	604	29	inside	inside	ADJ
ftr-471	604	30	basis	basis	NOUN
ftr-471	604	31	(	(	PUNCT
ftr-471	604	32	$	$	SYM
ftr-471	604	33	120	120	NUM
ftr-471	604	34	hot	hot	ADJ
ftr-471	604	35	asset	asset	NOUN
ftr-471	604	36	gain	gain	VERB
ftr-471	604	37	less	less	ADJ
ftr-471	604	38	$	$	SYM
ftr-471	604	39	16	16	NUM
ftr-471	604	40	basis	basis	NOUN
ftr-471	604	41	adjustment	adjustment	NOUN
ftr-471	604	42	less	less	ADJ
ftr-471	604	43	$	$	SYM
ftr-471	604	44	24	24	NUM
ftr-471	604	45	gain	gain	NOUN
ftr-471	604	46	allocated	allocate	VERB
ftr-471	604	47	to	to	ADP
ftr-471	604	48	c	c	PROPN
ftr-471	604	49	)	)	PUNCT
ftr-471	604	50	.	.	PUNCT
ftr-471	605	1	see	see	PROPN
ftr-471	605	2	andrews	andrews	PROPN
ftr-471	605	3	,	,	PUNCT
ftr-471	605	4	supra	supra	PROPN
ftr-471	605	5	note	note	PROPN
ftr-471	605	6	12	12	NUM
ftr-471	605	7	,	,	PUNCT
ftr-471	605	8	at	at	ADP
ftr-471	605	9	69	69	NUM
ftr-471	605	10	.	.	PUNCT
ftr-471	606	1	139	139	NUM
ftr-471	606	2	.	.	PUNCT
ftr-471	607	1	a	a	DET
ftr-471	607	2	revaluation	revaluation	NOUN
ftr-471	607	3	is	be	AUX
ftr-471	607	4	permitted	permit	VERB
ftr-471	607	5	(	(	PUNCT
ftr-471	607	6	i	i	NOUN
ftr-471	607	7	)	)	PUNCT
ftr-471	607	8	in	in	ADP
ftr-471	607	9	connection	connection	NOUN
ftr-471	607	10	with	with	ADP
ftr-471	607	11	a	a	DET
ftr-471	607	12	contribution	contribution	NOUN
ftr-471	607	13	of	of	ADP
ftr-471	607	14	money	money	NOUN
ftr-471	607	15	or	or	CCONJ
ftr-471	607	16	other	other	ADJ
ftr-471	607	17	property	property	NOUN
ftr-471	607	18	to	to	ADP
ftr-471	607	19	the	the	DET
ftr-471	607	20	partnership	partnership	NOUN
ftr-471	607	21	by	by	ADP
ftr-471	607	22	a	a	DET
ftr-471	607	23	new	new	ADJ
ftr-471	607	24	or	or	CCONJ
ftr-471	607	25	existing	exist	VERB
ftr-471	607	26	partner	partner	NOUN
ftr-471	607	27	in	in	ADP
ftr-471	607	28	exchange	exchange	NOUN
ftr-471	607	29	for	for	ADP
ftr-471	607	30	a	a	DET
ftr-471	607	31	partnership	partnership	NOUN
ftr-471	607	32	interest	interest	NOUN
ftr-471	607	33	;	;	PUNCT
ftr-471	607	34	(	(	PUNCT
ftr-471	607	35	ii	ii	NOUN
ftr-471	607	36	)	)	PUNCT
ftr-471	607	37	in	in	ADP
ftr-471	607	38	connection	connection	NOUN
ftr-471	607	39	with	with	ADP
ftr-471	607	40	a	a	DET
ftr-471	607	41	liquidation	liquidation	NOUN
ftr-471	607	42	of	of	ADP
ftr-471	607	43	the	the	DET
ftr-471	607	44	partnership	partnership	NOUN
ftr-471	607	45	or	or	CCONJ
ftr-471	607	46	a	a	DET
ftr-471	607	47	distribution	distribution	NOUN
ftr-471	607	48	of	of	ADP
ftr-471	607	49	money	money	NOUN
ftr-471	607	50	or	or	CCONJ
ftr-471	607	51	other	other	ADJ
ftr-471	607	52	property	property	NOUN
ftr-471	607	53	to	to	ADP
ftr-471	607	54	a	a	DET
ftr-471	607	55	retiring	retire	VERB
ftr-471	607	56	or	or	CCONJ
ftr-471	607	57	continuing	continue	VERB
ftr-471	607	58	partner	partner	NOUN
ftr-471	607	59	in	in	ADP
ftr-471	607	60	exchange	exchange	NOUN
ftr-471	607	61	for	for	ADP
ftr-471	607	62	all	all	PRON
ftr-471	607	63	or	or	CCONJ
ftr-471	607	64	a	a	DET
ftr-471	607	65	portion	portion	NOUN
ftr-471	607	66	of	of	ADP
ftr-471	607	67	her	her	PRON
ftr-471	607	68	partnership	partnership	NOUN
ftr-471	607	69	interest	interest	NOUN
ftr-471	607	70	;	;	PUNCT
ftr-471	607	71	or	or	CCONJ
ftr-471	607	72	(	(	PUNCT
ftr-471	607	73	iii	iii	NOUN
ftr-471	607	74	)	)	PUNCT
ftr-471	607	75	in	in	ADP
ftr-471	607	76	accordance	accordance	NOUN
ftr-471	607	77	with	with	ADP
ftr-471	607	78	generally	generally	ADV
ftr-471	607	79	accepted	accept	VERB
ftr-471	607	80	industry	industry	NOUN
ftr-471	607	81	practices	practice	NOUN
ftr-471	607	82	in	in	ADP
ftr-471	607	83	the	the	DET
ftr-471	607	84	case	case	NOUN
ftr-471	607	85	of	of	ADP
ftr-471	607	86	securities	security	NOUN
ftr-471	607	87	partnerships	partnership	NOUN
ftr-471	607	88	.	.	PUNCT
ftr-471	608	1	see	see	VERB
ftr-471	608	2	regs	reg	NOUN
ftr-471	608	3	.	.	PUNCT
ftr-471	609	1	§	§	PROPN
ftr-471	609	2	1.704	1.704	NUM
ftr-471	609	3	-	-	NUM
ftr-471	609	4	1(b)(2)(iv)(f)(5	1(b)(2)(iv)(f)(5	NUM
ftr-471	609	5	)	)	PUNCT
ftr-471	609	6	.	.	PUNCT
ftr-471	610	1	see	see	VERB
ftr-471	610	2	generally	generally	ADV
ftr-471	610	3	richard	richard	PROPN
ftr-471	610	4	w.	w.	PROPN
ftr-471	610	5	harris	harris	PROPN
ftr-471	610	6	,	,	PUNCT
ftr-471	610	7	federal	federal	ADJ
ftr-471	610	8	taxation	taxation	NOUN
ftr-471	610	9	of	of	ADP
ftr-471	610	10	partnership	partnership	NOUN
ftr-471	610	11	asset	asset	NOUN
ftr-471	610	12	revaluations	revaluation	NOUN
ftr-471	610	13	,	,	PUNCT
ftr-471	610	14	14	14	NUM
ftr-471	610	15	va	va	NOUN
ftr-471	610	16	.	.	PUNCT
ftr-471	611	1	tax	tax	PROPN
ftr-471	611	2	rev	rev	PROPN
ftr-471	611	3	.	.	PROPN
ftr-471	611	4	257	257	NUM
ftr-471	611	5	(	(	PUNCT
ftr-471	611	6	1994	1994	NUM
ftr-471	611	7	)	)	PUNCT
ftr-471	611	8	.	.	PUNCT
ftr-471	612	1	140	140	NUM
ftr-471	612	2	.	.	PUNCT
ftr-471	613	1	see	see	VERB
ftr-471	613	2	regs	reg	NOUN
ftr-471	613	3	.	.	PUNCT
ftr-471	614	1	§	§	PROPN
ftr-471	614	2	1.704	1.704	NUM
ftr-471	614	3	-	-	NUM
ftr-471	614	4	1(b)(1)(vi	1(b)(1)(vi	NUM
ftr-471	614	5	)	)	PUNCT
ftr-471	614	6	.	.	PUNCT
ftr-471	615	1	once	once	ADV
ftr-471	615	2	partnership	partnership	NOUN
ftr-471	615	3	property	property	NOUN
ftr-471	615	4	has	have	AUX
ftr-471	615	5	been	be	AUX
ftr-471	615	6	revalued	revalue	VERB
ftr-471	615	7	,	,	PUNCT
ftr-471	615	8	capital	capital	NOUN
ftr-471	615	9	accounts	account	NOUN
ftr-471	615	10	must	must	AUX
ftr-471	615	11	subsequently	subsequently	ADV
ftr-471	615	12	be	be	AUX
ftr-471	615	13	adjusted	adjust	VERB
ftr-471	615	14	for	for	ADP
ftr-471	615	15	the	the	DET
ftr-471	615	16	partners	partner	NOUN
ftr-471	615	17	'	'	PART
ftr-471	615	18	distributive	distributive	ADJ
ftr-471	615	19	shares	share	NOUN
ftr-471	615	20	of	of	ADP
ftr-471	615	21	book	book	NOUN
ftr-471	615	22	items	item	NOUN
ftr-471	615	23	with	with	ADP
ftr-471	615	24	respect	respect	NOUN
ftr-471	615	25	to	to	ADP
ftr-471	615	26	the	the	DET
ftr-471	615	27	revalued	revalue	VERB
ftr-471	615	28	property	property	NOUN
ftr-471	615	29	,	,	PUNCT
ftr-471	615	30	and	and	CCONJ
ftr-471	615	31	§	§	PROPN
ftr-471	615	32	704(c	704(c	PROPN
ftr-471	615	33	)	)	PUNCT
ftr-471	615	34	principles	principle	NOUN
ftr-471	615	35	must	must	AUX
ftr-471	615	36	be	be	AUX
ftr-471	615	37	applied	apply	VERB
ftr-471	615	38	in	in	ADP
ftr-471	615	39	determining	determine	VERB
ftr-471	615	40	the	the	DET
ftr-471	615	41	partners	partner	NOUN
ftr-471	615	42	'	'	PART
ftr-471	615	43	distributive	distributive	ADJ
ftr-471	615	44	shares	share	NOUN
ftr-471	615	45	of	of	ADP
ftr-471	615	46	tax	tax	NOUN
ftr-471	615	47	items	item	NOUN
ftr-471	615	48	with	with	ADP
ftr-471	615	49	respect	respect	NOUN
ftr-471	615	50	to	to	ADP
ftr-471	615	51	such	such	ADJ
ftr-471	615	52	property	property	NOUN
ftr-471	615	53	to	to	PART
ftr-471	615	54	take	take	VERB
ftr-471	615	55	account	account	NOUN
ftr-471	615	56	of	of	ADP
ftr-471	615	57	book	book	NOUN
ftr-471	615	58	/	/	SYM
ftr-471	615	59	tax	tax	NOUN
ftr-471	615	60	disparities	disparity	NOUN
ftr-471	615	61	arising	arise	VERB
ftr-471	615	62	from	from	ADP
ftr-471	615	63	the	the	DET
ftr-471	615	64	revaluation	revaluation	NOUN
ftr-471	615	65	.	.	PUNCT
ftr-471	616	1	see	see	VERB
ftr-471	616	2	regs	reg	NOUN
ftr-471	616	3	.	.	PUNCT
ftr-471	617	1	§	§	PROPN
ftr-471	617	2	§	§	PROPN
ftr-471	617	3	1.7041(b)(2)(iv)(f)(i)-(4	1.7041(b)(2)(iv)(f)(i)-(4	NOUN
ftr-471	617	4	)	)	PUNCT
ftr-471	617	5	,	,	PUNCT
ftr-471	617	6	1.704	1.704	NUM
ftr-471	617	7	-	-	NUM
ftr-471	617	8	1(b)(2)(iv)(g	1(b)(2)(iv)(g	NUM
ftr-471	617	9	)	)	PUNCT
ftr-471	617	10	.	.	PUNCT
ftr-471	618	1	[	[	X
ftr-471	618	2	vol	vol	NOUN
ftr-471	618	3	3:12	3:12	NUM
ftr-471	618	4	partnership	partnership	NOUN
ftr-471	618	5	distributions	distribution	NOUN
ftr-471	618	6	:	:	PUNCT
ftr-471	618	7	options	option	NOUN
ftr-471	618	8	for	for	ADP
ftr-471	618	9	reform	reform	NOUN
ftr-471	618	10	significant	significant	ADJ
ftr-471	618	11	adverse	adverse	ADJ
ftr-471	618	12	tax	tax	NOUN
ftr-471	618	13	consequences	consequence	NOUN
ftr-471	618	14	.	.	PUNCT
ftr-471	618	15	'	'	PUNCT
ftr-471	619	1	4	4	NUM
ftr-471	619	2	'	'	PART
ftr-471	619	3	a	a	DET
ftr-471	619	4	general	general	ADJ
ftr-471	619	5	revaluation	revaluation	NOUN
ftr-471	619	6	may	may	AUX
ftr-471	619	7	also	also	ADV
ftr-471	619	8	be	be	AUX
ftr-471	619	9	desirable	desirable	ADJ
ftr-471	619	10	to	to	PART
ftr-471	619	11	avoid	avoid	VERB
ftr-471	619	12	conferring	confer	VERB
ftr-471	619	13	an	an	DET
ftr-471	619	14	unintended	unintended	ADJ
ftr-471	619	15	economic	economic	ADJ
ftr-471	619	16	benefit	benefit	NOUN
ftr-471	619	17	on	on	ADP
ftr-471	619	18	those	those	DET
ftr-471	619	19	partners	partner	NOUN
ftr-471	619	20	whose	whose	DET
ftr-471	619	21	interests	interest	NOUN
ftr-471	619	22	increase	increase	VERB
ftr-471	619	23	when	when	SCONJ
ftr-471	619	24	another	another	DET
ftr-471	619	25	partner	partner	NOUN
ftr-471	619	26	's	's	PART
ftr-471	619	27	interest	interest	NOUN
ftr-471	619	28	is	be	AUX
ftr-471	619	29	reduced	reduce	VERB
ftr-471	619	30	.	.	PUNCT
ftr-471	620	1	a	a	DET
ftr-471	620	2	book	book	NOUN
ftr-471	620	3	-	-	PUNCT
ftr-471	620	4	up	up	NOUN
ftr-471	620	5	prevents	prevent	VERB
ftr-471	620	6	an	an	DET
ftr-471	620	7	economic	economic	ADJ
ftr-471	620	8	shift	shift	NOUN
ftr-471	620	9	by	by	ADP
ftr-471	620	10	ensuring	ensure	VERB
ftr-471	620	11	that	that	SCONJ
ftr-471	620	12	any	any	DET
ftr-471	620	13	unrealized	unrealized	ADJ
ftr-471	620	14	gain	gain	NOUN
ftr-471	620	15	or	or	CCONJ
ftr-471	620	16	loss	loss	NOUN
ftr-471	620	17	inherent	inherent	ADJ
ftr-471	620	18	in	in	ADP
ftr-471	620	19	existing	exist	VERB
ftr-471	620	20	partnership	partnership	NOUN
ftr-471	620	21	property	property	NOUN
ftr-471	620	22	will	will	AUX
ftr-471	620	23	be	be	AUX
ftr-471	620	24	allocated	allocate	VERB
ftr-471	620	25	in	in	ADP
ftr-471	620	26	accordance	accordance	NOUN
ftr-471	620	27	with	with	ADP
ftr-471	620	28	the	the	DET
ftr-471	620	29	partners	partner	NOUN
ftr-471	620	30	'	'	PART
ftr-471	620	31	pre	pre	ADJ
ftr-471	620	32	-	-	ADJ
ftr-471	620	33	distribution	distribution	ADJ
ftr-471	620	34	sharing	sharing	NOUN
ftr-471	620	35	ratios	ratio	NOUN
ftr-471	620	36	.	.	PUNCT
ftr-471	621	1	any	any	DET
ftr-471	621	2	postdistribution	postdistribution	NOUN
ftr-471	621	3	gain	gain	NOUN
ftr-471	621	4	or	or	CCONJ
ftr-471	621	5	loss	loss	NOUN
ftr-471	621	6	will	will	AUX
ftr-471	621	7	be	be	AUX
ftr-471	621	8	allocated	allocate	VERB
ftr-471	621	9	in	in	ADP
ftr-471	621	10	accordance	accordance	NOUN
ftr-471	621	11	with	with	ADP
ftr-471	621	12	their	their	PRON
ftr-471	621	13	altered	altered	ADJ
ftr-471	621	14	sharing	sharing	NOUN
ftr-471	621	15	ratios	ratio	NOUN
ftr-471	621	16	.	.	PUNCT
ftr-471	622	1	since	since	SCONJ
ftr-471	622	2	a	a	DET
ftr-471	622	3	revaluation	revaluation	NOUN
ftr-471	622	4	effectively	effectively	ADV
ftr-471	622	5	"	"	PUNCT
ftr-471	622	6	locks	lock	NOUN
ftr-471	622	7	in	in	ADP
ftr-471	622	8	"	"	PUNCT
ftr-471	622	9	the	the	DET
ftr-471	622	10	partners	partner	NOUN
ftr-471	622	11	'	'	PART
ftr-471	622	12	pre	pre	ADJ
ftr-471	622	13	-	-	ADJ
ftr-471	622	14	distribution	distribution	ADJ
ftr-471	622	15	shares	share	NOUN
ftr-471	622	16	of	of	ADP
ftr-471	622	17	net	net	ADJ
ftr-471	622	18	unrealized	unrealized	ADJ
ftr-471	622	19	appreciation	appreciation	NOUN
ftr-471	622	20	,	,	PUNCT
ftr-471	622	21	it	it	PRON
ftr-471	622	22	might	might	AUX
ftr-471	622	23	be	be	AUX
ftr-471	622	24	expected	expect	VERB
ftr-471	622	25	to	to	PART
ftr-471	622	26	render	render	VERB
ftr-471	622	27	section	section	NOUN
ftr-471	622	28	751(b	751(b	PROPN
ftr-471	622	29	)	)	PUNCT
ftr-471	622	30	inapplicable	inapplicable	ADJ
ftr-471	622	31	.	.	PUNCT
ftr-471	623	1	42	42	NUM
ftr-471	623	2	this	this	PRON
ftr-471	623	3	will	will	AUX
ftr-471	623	4	generally	generally	ADV
ftr-471	623	5	be	be	AUX
ftr-471	623	6	the	the	DET
ftr-471	623	7	case	case	NOUN
ftr-471	623	8	whenever	whenever	SCONJ
ftr-471	623	9	the	the	DET
ftr-471	623	10	partnership	partnership	NOUN
ftr-471	623	11	holds	hold	VERB
ftr-471	623	12	only	only	ADV
ftr-471	623	13	zero	zero	NUM
ftr-471	623	14	-	-	PUNCT
ftr-471	623	15	basis	basis	NOUN
ftr-471	623	16	section	section	NOUN
ftr-471	623	17	751	751	NUM
ftr-471	623	18	property	property	NOUN
ftr-471	623	19	,	,	PUNCT
ftr-471	623	20	such	such	ADJ
ftr-471	623	21	as	as	ADP
ftr-471	623	22	unrealized	unrealized	ADJ
ftr-471	623	23	receivables	receivables	NOUN
ftr-471	623	24	and	and	CCONJ
ftr-471	623	25	depreciation	depreciation	NOUN
ftr-471	623	26	recapture	recapture	NOUN
ftr-471	623	27	,	,	PUNCT
ftr-471	623	28	and	and	CCONJ
ftr-471	623	29	the	the	DET
ftr-471	623	30	distributee	distributee	NOUN
ftr-471	623	31	receives	receive	VERB
ftr-471	623	32	only	only	ADV
ftr-471	623	33	nonsection	nonsection	NOUN
ftr-471	623	34	751	751	NUM
ftr-471	623	35	property	property	NOUN
ftr-471	623	36	.	.	PUNCT
ftr-471	624	1	43	43	NUM
ftr-471	624	2	for	for	ADP
ftr-471	624	3	example	example	NOUN
ftr-471	624	4	,	,	PUNCT
ftr-471	624	5	assume	assume	VERB
ftr-471	624	6	that	that	SCONJ
ftr-471	624	7	the	the	DET
ftr-471	624	8	abc	abc	PROPN
ftr-471	624	9	partnership	partnership	PROPN
ftr-471	624	10	purchases	purchase	VERB
ftr-471	624	11	land	land	NOUN
ftr-471	624	12	for	for	ADP
ftr-471	624	13	$	$	SYM
ftr-471	624	14	210	210	NUM
ftr-471	624	15	which	which	PRON
ftr-471	624	16	appreciates	appreciate	VERB
ftr-471	624	17	in	in	ADP
ftr-471	624	18	value	value	NOUN
ftr-471	624	19	to	to	ADP
ftr-471	624	20	$	$	SYM
ftr-471	624	21	300	300	NUM
ftr-471	624	22	.	.	PUNCT
ftr-471	625	1	each	each	DET
ftr-471	625	2	partner	partner	NOUN
ftr-471	625	3	has	have	VERB
ftr-471	625	4	a	a	DET
ftr-471	625	5	basis	basis	NOUN
ftr-471	625	6	of	of	ADP
ftr-471	625	7	$	$	SYM
ftr-471	625	8	120	120	NUM
ftr-471	625	9	in	in	ADP
ftr-471	625	10	her	her	PRON
ftr-471	625	11	partnership	partnership	NOUN
ftr-471	625	12	interest	interest	NOUN
ftr-471	625	13	.	.	PUNCT
ftr-471	626	1	when	when	SCONJ
ftr-471	626	2	the	the	DET
ftr-471	626	3	partnership	partnership	NOUN
ftr-471	626	4	also	also	ADV
ftr-471	626	5	has	have	VERB
ftr-471	626	6	$	$	SYM
ftr-471	626	7	90	90	NUM
ftr-471	626	8	of	of	ADP
ftr-471	626	9	zero	zero	NUM
ftr-471	626	10	-	-	PUNCT
ftr-471	626	11	basis	basis	NOUN
ftr-471	626	12	unrealized	unrealized	ADJ
ftr-471	626	13	receivables	receivables	NOUN
ftr-471	626	14	and	and	CCONJ
ftr-471	626	15	cash	cash	NOUN
ftr-471	626	16	of	of	ADP
ftr-471	626	17	$	$	SYM
ftr-471	626	18	150	150	NUM
ftr-471	626	19	,	,	PUNCT
ftr-471	626	20	c	c	PROPN
ftr-471	626	21	receives	receive	VERB
ftr-471	626	22	a	a	DET
ftr-471	626	23	s90	s90	NOUN
ftr-471	626	24	cash	cash	NOUN
ftr-471	626	25	distribution	distribution	NOUN
ftr-471	626	26	which	which	PRON
ftr-471	626	27	reduces	reduce	VERB
ftr-471	626	28	her	her	PRON
ftr-471	626	29	interest	interest	NOUN
ftr-471	626	30	from	from	ADP
ftr-471	626	31	one	one	NUM
ftr-471	626	32	-	-	PUNCT
ftr-471	626	33	third	third	NOUN
ftr-471	626	34	to	to	ADP
ftr-471	626	35	one	one	NUM
ftr-471	626	36	-	-	PUNCT
ftr-471	626	37	fifth	fifth	NOUN
ftr-471	626	38	.	.	PUNCT
ftr-471	627	1	immediately	immediately	ADV
ftr-471	627	2	before	before	ADP
ftr-471	627	3	the	the	DET
ftr-471	627	4	distribution	distribution	NOUN
ftr-471	627	5	,	,	PUNCT
ftr-471	627	6	the	the	DET
ftr-471	627	7	partnership	partnership	NOUN
ftr-471	627	8	's	's	PART
ftr-471	627	9	assets	asset	NOUN
ftr-471	627	10	are	be	AUX
ftr-471	627	11	restated	restate	VERB
ftr-471	627	12	to	to	PART
ftr-471	627	13	reflect	reflect	VERB
ftr-471	627	14	fair	fair	ADJ
ftr-471	627	15	market	market	NOUN
ftr-471	627	16	value	value	NOUN
ftr-471	627	17	and	and	CCONJ
ftr-471	627	18	the	the	DET
ftr-471	627	19	partners	partner	NOUN
ftr-471	627	20	'	'	PART
ftr-471	627	21	capital	capital	NOUN
ftr-471	627	22	accounts	account	NOUN
ftr-471	627	23	are	be	AUX
ftr-471	627	24	increased	increase	VERB
ftr-471	627	25	to	to	PART
ftr-471	627	26	reflect	reflect	VERB
ftr-471	627	27	their	their	PRON
ftr-471	627	28	share	share	NOUN
ftr-471	627	29	of	of	ADP
ftr-471	627	30	unrealized	unrealized	ADJ
ftr-471	627	31	appreciation	appreciation	NOUN
ftr-471	627	32	in	in	ADP
ftr-471	627	33	the	the	DET
ftr-471	627	34	partnership	partnership	NOUN
ftr-471	627	35	's	's	PART
ftr-471	627	36	assets	asset	NOUN
ftr-471	627	37	.	.	PUNCT
ftr-471	628	1	accordingly	accordingly	ADV
ftr-471	628	2	,	,	PUNCT
ftr-471	628	3	abc	abc	PROPN
ftr-471	628	4	will	will	AUX
ftr-471	628	5	have	have	VERB
ftr-471	628	6	the	the	DET
ftr-471	628	7	following	follow	VERB
ftr-471	628	8	post	post	ADJ
ftr-471	628	9	-	-	ADJ
ftr-471	628	10	distribution	distribution	ADJ
ftr-471	628	11	balance	balance	NOUN
ftr-471	628	12	sheet	sheet	NOUN
ftr-471	628	13	:	:	PUNCT
ftr-471	628	14	assets	asset	NOUN
ftr-471	628	15	basis	basis	NOUN
ftr-471	628	16	value	value	NOUN
ftr-471	628	17	capital	capital	NOUN
ftr-471	628	18	basis	basis	NOUN
ftr-471	628	19	value	value	NOUN
ftr-471	628	20	cash	cash	VERB
ftr-471	628	21	$	$	SYM
ftr-471	628	22	60	60	NUM
ftr-471	628	23	$	$	SYM
ftr-471	628	24	60	60	NUM
ftr-471	628	25	a	a	DET
ftr-471	628	26	$	$	SYM
ftr-471	628	27	120	120	NUM
ftr-471	628	28	$	$	SYM
ftr-471	628	29	180	180	NUM
ftr-471	628	30	receivables	receivables	NOUN
ftr-471	628	31	0	0	NUM
ftr-471	629	1	90	90	NUM
ftr-471	629	2	b	b	SYM
ftr-471	629	3	120	120	NUM
ftr-471	629	4	180	180	NUM
ftr-471	629	5	land	land	NOUN
ftr-471	629	6	210	210	NUM
ftr-471	629	7	300	300	NUM
ftr-471	629	8	c	c	NOUN
ftr-471	629	9	30	30	NUM
ftr-471	629	10	90	90	NUM
ftr-471	629	11	total	total	NOUN
ftr-471	629	12	$	$	SYM
ftr-471	629	13	270	270	NUM
ftr-471	629	14	$	$	SYM
ftr-471	629	15	450	450	NUM
ftr-471	629	16	total	total	NOUN
ftr-471	629	17	$	$	SYM
ftr-471	629	18	270	270	NUM
ftr-471	629	19	$	$	SYM
ftr-471	629	20	450	450	NUM
ftr-471	629	21	since	since	SCONJ
ftr-471	629	22	the	the	DET
ftr-471	629	23	book	book	NOUN
ftr-471	629	24	-	-	PUNCT
ftr-471	629	25	up	up	NOUN
ftr-471	629	26	preserves	preserve	NOUN
ftr-471	629	27	c	c	X
ftr-471	629	28	's	's	PART
ftr-471	629	29	entire	entire	ADJ
ftr-471	629	30	pre	pre	ADJ
ftr-471	629	31	-	-	ADJ
ftr-471	629	32	distribution	distribution	ADJ
ftr-471	629	33	share	share	NOUN
ftr-471	629	34	of	of	ADP
ftr-471	629	35	the	the	DET
ftr-471	629	36	partnership	partnership	NOUN
ftr-471	629	37	's	's	PART
ftr-471	629	38	unrealized	unrealized	ADJ
ftr-471	629	39	appreciation	appreciation	NOUN
ftr-471	629	40	in	in	ADP
ftr-471	629	41	the	the	DET
ftr-471	629	42	accounts	account	NOUN
ftr-471	629	43	receivable	receivable	ADJ
ftr-471	629	44	(	(	PUNCT
ftr-471	629	45	$	$	SYM
ftr-471	629	46	30	30	NUM
ftr-471	629	47	)	)	PUNCT
ftr-471	629	48	,	,	PUNCT
ftr-471	629	49	there	there	PRON
ftr-471	629	50	should	should	AUX
ftr-471	629	51	be	be	AUX
ftr-471	629	52	no	no	DET
ftr-471	629	53	deemed	deemed	ADJ
ftr-471	629	54	exchange	exchange	NOUN
ftr-471	629	55	to	to	ADP
ftr-471	629	56	trigger	trigger	NOUN
ftr-471	629	57	section	section	NOUN
ftr-471	629	58	75	75	NUM
ftr-471	629	59	1(b	1(b	NUM
ftr-471	629	60	)	)	PUNCT
ftr-471	629	61	.	.	PUNCT
ftr-471	630	1	as	as	ADP
ftr-471	630	2	a	a	DET
ftr-471	630	3	result	result	NOUN
ftr-471	630	4	of	of	ADP
ftr-471	630	5	the	the	DET
ftr-471	630	6	revaluation	revaluation	NOUN
ftr-471	630	7	,	,	PUNCT
ftr-471	630	8	the	the	DET
ftr-471	630	9	distribution	distribution	NOUN
ftr-471	630	10	leaves	leave	VERB
ftr-471	630	11	unchanged	unchanged	ADJ
ftr-471	630	12	the	the	DET
ftr-471	630	13	partners	partner	NOUN
ftr-471	630	14	'	'	PART
ftr-471	630	15	respective	respective	ADJ
ftr-471	630	16	shares	share	NOUN
ftr-471	630	17	of	of	ADP
ftr-471	630	18	hot	hot	ADJ
ftr-471	630	19	asset	asset	NOUN
ftr-471	630	20	appreciation	appreciation	NOUN
ftr-471	630	21	.	.	PUNCT
ftr-471	631	1	special	special	ADJ
ftr-471	631	2	allocations	allocation	NOUN
ftr-471	631	3	will	will	AUX
ftr-471	631	4	be	be	AUX
ftr-471	631	5	required	require	VERB
ftr-471	631	6	,	,	PUNCT
ftr-471	631	7	however	however	ADV
ftr-471	631	8	,	,	PUNCT
ftr-471	631	9	to	to	PART
ftr-471	631	10	ensure	ensure	VERB
ftr-471	631	11	proper	proper	ADJ
ftr-471	631	12	allocation	allocation	NOUN
ftr-471	631	13	of	of	ADP
ftr-471	631	14	the	the	DET
ftr-471	631	15	tax	tax	NOUN
ftr-471	631	16	gain	gain	NOUN
ftr-471	631	17	corresponding	correspond	VERB
ftr-471	631	18	to	to	ADP
ftr-471	631	19	the	the	DET
ftr-471	631	20	booked	book	VERB
ftr-471	631	21	-	-	PUNCT
ftr-471	631	22	up	up	ADP
ftr-471	631	23	gain	gain	NOUN
ftr-471	631	24	.	.	PUNCT
ftr-471	632	1	section	section	NOUN
ftr-471	632	2	704(c	704(c	PROPN
ftr-471	632	3	)	)	PUNCT
ftr-471	632	4	principles	principle	NOUN
ftr-471	632	5	presumably	presumably	ADV
ftr-471	632	6	require	require	VERB
ftr-471	632	7	that	that	SCONJ
ftr-471	632	8	c	c	PROPN
ftr-471	632	9	's	's	PART
ftr-471	632	10	share	share	NOUN
ftr-471	632	11	of	of	ADP
ftr-471	632	12	the	the	DET
ftr-471	632	13	"	"	PUNCT
ftr-471	632	14	common	common	ADJ
ftr-471	632	15	"	"	PUNCT
ftr-471	632	16	basis	basis	NOUN
ftr-471	632	17	of	of	ADP
ftr-471	632	18	partnership	partnership	NOUN
ftr-471	632	19	assets	asset	NOUN
ftr-471	632	20	be	be	AUX
ftr-471	632	21	allocated	allocate	VERB
ftr-471	632	22	among	among	ADP
ftr-471	632	23	such	such	ADJ
ftr-471	632	24	assets	asset	NOUN
ftr-471	632	25	in	in	ADP
ftr-471	632	26	proportion	proportion	NOUN
ftr-471	632	27	to	to	ADP
ftr-471	632	28	the	the	DET
ftr-471	632	29	total	total	NOUN
ftr-471	632	30	inside	inside	ADJ
ftr-471	632	31	basis	basis	NOUN
ftr-471	632	32	of	of	ADP
ftr-471	632	33	such	such	ADJ
ftr-471	632	34	assets	asset	NOUN
ftr-471	632	35	.	.	PUNCT
ftr-471	633	1	following	follow	VERB
ftr-471	633	2	this	this	DET
ftr-471	633	3	approach	approach	NOUN
ftr-471	633	4	,	,	PUNCT
ftr-471	633	5	141	141	NUM
ftr-471	633	6	.	.	PUNCT
ftr-471	634	1	see	see	VERB
ftr-471	634	2	regs	reg	NOUN
ftr-471	634	3	.	.	PUNCT
ftr-471	635	1	§	§	PROPN
ftr-471	635	2	1.704	1.704	NUM
ftr-471	635	3	-	-	NUM
ftr-471	635	4	1(b)(iv)(5	1(b)(iv)(5	NUM
ftr-471	635	5	)	)	PUNCT
ftr-471	635	6	(	(	PUNCT
ftr-471	635	7	last	last	ADJ
ftr-471	635	8	sentence	sentence	NOUN
ftr-471	635	9	)	)	PUNCT
ftr-471	635	10	.	.	PUNCT
ftr-471	636	1	142	142	NUM
ftr-471	636	2	.	.	PUNCT
ftr-471	637	1	see	see	VERB
ftr-471	637	2	mckee	mckee	PROPN
ftr-471	637	3	et	et	PROPN
ftr-471	637	4	al	al	PROPN
ftr-471	637	5	.	.	PROPN
ftr-471	637	6	,	,	PUNCT
ftr-471	637	7	supra	supra	PROPN
ftr-471	637	8	note	note	PROPN
ftr-471	637	9	19	19	NUM
ftr-471	637	10	,	,	PUNCT
ftr-471	637	11	21.0318	21.0318	NUM
ftr-471	637	12	]	]	PUNCT
ftr-471	637	13	,	,	PUNCT
ftr-471	637	14	at	at	ADP
ftr-471	637	15	21	21	NUM
ftr-471	637	16	-	-	SYM
ftr-471	637	17	25	25	NUM
ftr-471	637	18	.	.	PUNCT
ftr-471	638	1	143	143	NUM
ftr-471	638	2	.	.	PUNCT
ftr-471	639	1	see	see	VERB
ftr-471	639	2	i	i	PRON
ftr-471	639	3	d.	d.	PROPN
ftr-471	639	4	144	144	NUM
ftr-471	639	5	.	.	PUNCT
ftr-471	640	1	see	see	VERB
ftr-471	640	2	i	i	PRON
ftr-471	640	3	d.	d.	PROPN
ftr-471	640	4	at	at	ADP
ftr-471	640	5	21	21	NUM
ftr-471	640	6	-	-	SYM
ftr-471	640	7	28	28	NUM
ftr-471	640	8	.	.	PUNCT
ftr-471	641	1	19981	19981	NUM
ftr-471	641	2	florida	florida	PROPN
ftr-471	641	3	tax	tax	PROPN
ftr-471	641	4	review	review	NOUN
ftr-471	641	5	c	c	NOUN
ftr-471	641	6	should	should	AUX
ftr-471	641	7	have	have	VERB
ftr-471	641	8	a	a	DET
ftr-471	641	9	one	one	NUM
ftr-471	641	10	-	-	PUNCT
ftr-471	641	11	ninth	ninth	ADJ
ftr-471	641	12	share	share	NOUN
ftr-471	641	13	(	(	PUNCT
ftr-471	641	14	$	$	SYM
ftr-471	641	15	30/$270	30/$270	NUM
ftr-471	641	16	)	)	PUNCT
ftr-471	641	17	of	of	ADP
ftr-471	641	18	the	the	DET
ftr-471	641	19	basis	basis	NOUN
ftr-471	641	20	of	of	ADP
ftr-471	641	21	each	each	DET
ftr-471	641	22	partnership	partnership	NOUN
ftr-471	641	23	asset	asset	NOUN
ftr-471	641	24	;	;	PUNCT
ftr-471	641	25	with	with	ADP
ftr-471	641	26	respect	respect	NOUN
ftr-471	641	27	to	to	ADP
ftr-471	641	28	the	the	DET
ftr-471	641	29	unrealized	unrealized	ADJ
ftr-471	641	30	appreciation	appreciation	NOUN
ftr-471	641	31	in	in	ADP
ftr-471	641	32	each	each	DET
ftr-471	641	33	asset	asset	NOUN
ftr-471	641	34	,	,	PUNCT
ftr-471	641	35	c	c	PROPN
ftr-471	641	36	's	's	PART
ftr-471	641	37	share	share	NOUN
ftr-471	641	38	is	be	AUX
ftr-471	641	39	equal	equal	ADJ
ftr-471	641	40	to	to	ADP
ftr-471	641	41	one	one	NUM
ftr-471	641	42	-	-	PUNCT
ftr-471	641	43	third	third	NOUN
ftr-471	641	44	of	of	ADP
ftr-471	641	45	the	the	DET
ftr-471	641	46	difference	difference	NOUN
ftr-471	641	47	between	between	ADP
ftr-471	641	48	the	the	DET
ftr-471	641	49	partnership	partnership	NOUN
ftr-471	641	50	's	's	PART
ftr-471	641	51	common	common	ADJ
ftr-471	641	52	basis	basis	NOUN
ftr-471	641	53	and	and	CCONJ
ftr-471	641	54	the	the	DET
ftr-471	641	55	gross	gross	ADJ
ftr-471	641	56	value	value	NOUN
ftr-471	641	57	of	of	ADP
ftr-471	641	58	each	each	DET
ftr-471	641	59	asset	asset	NOUN
ftr-471	641	60	.	.	PUNCT
ftr-471	642	1	thus	thus	ADV
ftr-471	642	2	,	,	PUNCT
ftr-471	642	3	c	c	PROPN
ftr-471	642	4	has	have	VERB
ftr-471	642	5	a	a	DET
ftr-471	642	6	one	one	NUM
ftr-471	642	7	-	-	PUNCT
ftr-471	642	8	third	third	NOUN
ftr-471	642	9	share	share	NOUN
ftr-471	642	10	of	of	ADP
ftr-471	642	11	the	the	DET
ftr-471	642	12	appreciation	appreciation	NOUN
ftr-471	642	13	inherent	inherent	ADJ
ftr-471	642	14	in	in	ADP
ftr-471	642	15	the	the	DET
ftr-471	642	16	partnership	partnership	NOUN
ftr-471	642	17	's	's	PART
ftr-471	642	18	unrealized	unrealized	ADJ
ftr-471	642	19	receivables	receivables	NOUN
ftr-471	642	20	(	(	PUNCT
ftr-471	642	21	$	$	SYM
ftr-471	642	22	30	30	NUM
ftr-471	642	23	)	)	PUNCT
ftr-471	642	24	and	and	CCONJ
ftr-471	642	25	land	land	NOUN
ftr-471	642	26	(	(	PUNCT
ftr-471	642	27	$	$	SYM
ftr-471	642	28	30	30	NUM
ftr-471	642	29	)	)	PUNCT
ftr-471	642	30	,	,	PUNCT
ftr-471	642	31	corresponding	correspond	VERB
ftr-471	642	32	to	to	ADP
ftr-471	642	33	her	her	PRON
ftr-471	642	34	share	share	NOUN
ftr-471	642	35	of	of	ADP
ftr-471	642	36	the	the	DET
ftr-471	642	37	booked	book	VERB
ftr-471	642	38	-	-	PUNCT
ftr-471	642	39	up	up	ADP
ftr-471	642	40	gain	gain	NOUN
ftr-471	642	41	.	.	PUNCT
ftr-471	643	1	based	base	VERB
ftr-471	643	2	on	on	ADP
ftr-471	643	3	these	these	DET
ftr-471	643	4	assumptions	assumption	NOUN
ftr-471	643	5	,	,	PUNCT
ftr-471	643	6	c	c	PROPN
ftr-471	643	7	has	have	VERB
ftr-471	643	8	the	the	DET
ftr-471	643	9	following	follow	VERB
ftr-471	643	10	post	post	ADJ
ftr-471	643	11	-	-	ADJ
ftr-471	643	12	distribution	distribution	ADJ
ftr-471	643	13	interest	interest	NOUN
ftr-471	643	14	in	in	ADP
ftr-471	643	15	the	the	DET
ftr-471	643	16	basis	basis	NOUN
ftr-471	643	17	,	,	PUNCT
ftr-471	643	18	unrealized	unrealized	ADJ
ftr-471	643	19	appreciation	appreciation	NOUN
ftr-471	643	20	and	and	CCONJ
ftr-471	643	21	gross	gross	ADJ
ftr-471	643	22	value	value	NOUN
ftr-471	643	23	of	of	ADP
ftr-471	643	24	each	each	DET
ftr-471	643	25	partnership	partnership	NOUN
ftr-471	643	26	asset	asset	NOUN
ftr-471	643	27	:	:	PUNCT
ftr-471	643	28	gross	gross	ADJ
ftr-471	643	29	undivided	undivided	ADJ
ftr-471	643	30	assets	asset	NOUN
ftr-471	643	31	basis	basis	NOUN
ftr-471	643	32	+	+	CCONJ
ftr-471	643	33	appreciation	appreciation	NOUN
ftr-471	643	34	=	=	SYM
ftr-471	643	35	value	value	NOUN
ftr-471	643	36	1/5	1/5	NUM
ftr-471	643	37	share	share	NOUN
ftr-471	643	38	cash	cash	NOUN
ftr-471	644	1	$	$	SYM
ftr-471	644	2	6.67	6.67	NUM
ftr-471	644	3	$	$	SYM
ftr-471	644	4	0	0	NUM
ftr-471	644	5	$	$	SYM
ftr-471	644	6	6.67	6.67	NUM
ftr-471	644	7	$	$	SYM
ftr-471	644	8	12.00	12.00	NUM
ftr-471	644	9	receivables	receivables	NOUN
ftr-471	644	10	0	0	NUM
ftr-471	644	11	30.00	30.00	NUM
ftr-471	644	12	30.00	30.00	NUM
ftr-471	644	13	18.00	18.00	NUM
ftr-471	644	14	land	land	NOUN
ftr-471	644	15	23.33	23.33	NUM
ftr-471	644	16	30.00	30.00	NUM
ftr-471	644	17	53.33	53.33	NUM
ftr-471	644	18	60.00	60.00	NUM
ftr-471	644	19	total	total	ADJ
ftr-471	644	20	$	$	SYM
ftr-471	644	21	30.00	30.00	NUM
ftr-471	644	22	$	$	SYM
ftr-471	644	23	60.00	60.00	NUM
ftr-471	644	24	$	$	SYM
ftr-471	644	25	90.00	90.00	NUM
ftr-471	644	26	$	$	SYM
ftr-471	644	27	90.00	90.00	NUM
ftr-471	644	28	c	c	NOUN
ftr-471	644	29	's	's	PART
ftr-471	644	30	share	share	NOUN
ftr-471	644	31	of	of	ADP
ftr-471	644	32	the	the	DET
ftr-471	644	33	total	total	ADJ
ftr-471	644	34	gross	gross	ADJ
ftr-471	644	35	value	value	NOUN
ftr-471	644	36	of	of	ADP
ftr-471	644	37	partnership	partnership	NOUN
ftr-471	644	38	assets	asset	NOUN
ftr-471	644	39	(	(	PUNCT
ftr-471	644	40	$	$	SYM
ftr-471	644	41	90	90	NUM
ftr-471	644	42	)	)	PUNCT
ftr-471	644	43	is	be	AUX
ftr-471	644	44	equal	equal	ADJ
ftr-471	644	45	to	to	ADP
ftr-471	644	46	the	the	DET
ftr-471	644	47	gross	gross	ADJ
ftr-471	644	48	value	value	NOUN
ftr-471	644	49	of	of	ADP
ftr-471	644	50	her	her	PRON
ftr-471	644	51	remaining	remain	VERB
ftr-471	644	52	one	one	NUM
ftr-471	644	53	-	-	PUNCT
ftr-471	644	54	fifth	fifth	ADJ
ftr-471	644	55	interest	interest	NOUN
ftr-471	644	56	(	(	PUNCT
ftr-471	644	57	$	$	SYM
ftr-471	644	58	90	90	NUM
ftr-471	644	59	)	)	PUNCT
ftr-471	644	60	.	.	PUNCT
ftr-471	645	1	when	when	SCONJ
ftr-471	645	2	the	the	DET
ftr-471	645	3	individual	individual	ADJ
ftr-471	645	4	partnership	partnership	NOUN
ftr-471	645	5	assets	asset	NOUN
ftr-471	645	6	are	be	AUX
ftr-471	645	7	divided	divide	VERB
ftr-471	645	8	into	into	ADP
ftr-471	645	9	separate	separate	ADJ
ftr-471	645	10	basis	basis	NOUN
ftr-471	645	11	and	and	CCONJ
ftr-471	645	12	gain	gain	VERB
ftr-471	645	13	components	component	NOUN
ftr-471	645	14	,	,	PUNCT
ftr-471	645	15	however	however	ADV
ftr-471	645	16	,	,	PUNCT
ftr-471	645	17	the	the	DET
ftr-471	645	18	results	result	NOUN
ftr-471	645	19	seem	seem	VERB
ftr-471	645	20	somewhat	somewhat	ADV
ftr-471	645	21	strange	strange	ADJ
ftr-471	645	22	.	.	PUNCT
ftr-471	646	1	under	under	ADP
ftr-471	646	2	the	the	DET
ftr-471	646	3	section	section	NOUN
ftr-471	646	4	704(c	704(c	NOUN
ftr-471	646	5	)	)	PUNCT
ftr-471	646	6	approach	approach	NOUN
ftr-471	646	7	,	,	PUNCT
ftr-471	646	8	c	c	PROPN
ftr-471	646	9	's	's	PART
ftr-471	646	10	share	share	NOUN
ftr-471	646	11	of	of	ADP
ftr-471	646	12	the	the	DET
ftr-471	646	13	gross	gross	ADJ
ftr-471	646	14	value	value	NOUN
ftr-471	646	15	of	of	ADP
ftr-471	646	16	individual	individual	ADJ
ftr-471	646	17	partnership	partnership	NOUN
ftr-471	646	18	assets	asset	NOUN
ftr-471	646	19	differs	differ	VERB
ftr-471	646	20	from	from	ADP
ftr-471	646	21	the	the	DET
ftr-471	646	22	amount	amount	NOUN
ftr-471	646	23	determined	determine	VERB
ftr-471	646	24	as	as	SCONJ
ftr-471	646	25	if	if	SCONJ
ftr-471	646	26	she	she	PRON
ftr-471	646	27	owned	own	VERB
ftr-471	646	28	an	an	DET
ftr-471	646	29	undivided	undivided	ADJ
ftr-471	646	30	one	one	NUM
ftr-471	646	31	-	-	PUNCT
ftr-471	646	32	fifth	fifth	ADJ
ftr-471	646	33	interest	interest	NOUN
ftr-471	646	34	in	in	ADP
ftr-471	646	35	each	each	DET
ftr-471	646	36	asset	asset	NOUN
ftr-471	646	37	.	.	PUNCT
ftr-471	647	1	such	such	ADJ
ftr-471	647	2	disparities	disparity	NOUN
ftr-471	647	3	arise	arise	VERB
ftr-471	647	4	because	because	SCONJ
ftr-471	647	5	the	the	DET
ftr-471	647	6	revaluation	revaluation	NOUN
ftr-471	647	7	"	"	PUNCT
ftr-471	647	8	freezes	freeze	NOUN
ftr-471	647	9	"	"	PUNCT
ftr-471	647	10	c	c	PROPN
ftr-471	647	11	's	's	PART
ftr-471	647	12	share	share	NOUN
ftr-471	647	13	of	of	ADP
ftr-471	647	14	pre	pre	ADJ
ftr-471	647	15	-	-	ADJ
ftr-471	647	16	distribution	distribution	ADJ
ftr-471	647	17	appreciation	appreciation	NOUN
ftr-471	647	18	but	but	CCONJ
ftr-471	647	19	can	can	AUX
ftr-471	647	20	not	not	PART
ftr-471	647	21	prevent	prevent	VERB
ftr-471	647	22	changes	change	NOUN
ftr-471	647	23	in	in	ADP
ftr-471	647	24	her	her	PRON
ftr-471	647	25	share	share	NOUN
ftr-471	647	26	of	of	ADP
ftr-471	647	27	the	the	DET
ftr-471	647	28	partnership	partnership	NOUN
ftr-471	647	29	's	's	PART
ftr-471	647	30	common	common	ADJ
ftr-471	647	31	basis	basis	NOUN
ftr-471	647	32	.	.	PUNCT
ftr-471	648	1	'45	'45	NUM
ftr-471	648	2	c	c	PROPN
ftr-471	648	3	's	's	PART
ftr-471	648	4	one	one	NUM
ftr-471	648	5	-	-	PUNCT
ftr-471	648	6	ninth	ninth	ADJ
ftr-471	648	7	share	share	NOUN
ftr-471	648	8	of	of	ADP
ftr-471	648	9	the	the	DET
ftr-471	648	10	partnership	partnership	NOUN
ftr-471	648	11	's	's	PART
ftr-471	648	12	common	common	ADJ
ftr-471	648	13	basis	basis	NOUN
ftr-471	648	14	(	(	PUNCT
ftr-471	648	15	$	$	SYM
ftr-471	648	16	30	30	NUM
ftr-471	648	17	)	)	PUNCT
ftr-471	648	18	represents	represent	VERB
ftr-471	648	19	her	her	PRON
ftr-471	648	20	pre	pre	ADJ
ftr-471	648	21	-	-	ADJ
ftr-471	648	22	distribution	distribution	ADJ
ftr-471	648	23	one	one	NUM
ftr-471	648	24	-	-	PUNCT
ftr-471	648	25	third	third	NOUN
ftr-471	648	26	share	share	NOUN
ftr-471	648	27	of	of	ADP
ftr-471	648	28	the	the	DET
ftr-471	648	29	partnership	partnership	NOUN
ftr-471	648	30	's	's	PART
ftr-471	648	31	common	common	ADJ
ftr-471	648	32	basis	basis	NOUN
ftr-471	648	33	(	(	PUNCT
ftr-471	648	34	$	$	SYM
ftr-471	648	35	120	120	NUM
ftr-471	648	36	)	)	PUNCT
ftr-471	648	37	reduced	reduce	VERB
ftr-471	648	38	by	by	ADP
ftr-471	648	39	the	the	DET
ftr-471	648	40	entire	entire	ADJ
ftr-471	648	41	basis	basis	NOUN
ftr-471	648	42	of	of	ADP
ftr-471	648	43	the	the	DET
ftr-471	648	44	distributed	distribute	VERB
ftr-471	648	45	property	property	NOUN
ftr-471	648	46	(	(	PUNCT
ftr-471	648	47	$	$	SYM
ftr-471	648	48	90	90	NUM
ftr-471	648	49	)	)	PUNCT
ftr-471	648	50	.	.	PUNCT
ftr-471	649	1	thus	thus	ADV
ftr-471	649	2	,	,	PUNCT
ftr-471	649	3	c	c	PROPN
ftr-471	649	4	winds	wind	VERB
ftr-471	649	5	up	up	ADP
ftr-471	649	6	with	with	ADP
ftr-471	649	7	less	less	ADJ
ftr-471	649	8	than	than	ADP
ftr-471	649	9	a	a	DET
ftr-471	649	10	one	one	NUM
ftr-471	649	11	-	-	PUNCT
ftr-471	649	12	fifth	fifth	ADJ
ftr-471	649	13	share	share	NOUN
ftr-471	649	14	of	of	ADP
ftr-471	649	15	the	the	DET
ftr-471	649	16	partnership	partnership	NOUN
ftr-471	649	17	's	's	PART
ftr-471	649	18	post	post	ADJ
ftr-471	649	19	-	-	ADJ
ftr-471	649	20	distribution	distribution	ADJ
ftr-471	649	21	common	common	ADJ
ftr-471	649	22	basis	basis	NOUN
ftr-471	649	23	.	.	PUNCT
ftr-471	650	1	'46	'46	NUM
ftr-471	650	2	the	the	DET
ftr-471	650	3	section	section	NOUN
ftr-471	650	4	704(c	704(c	NOUN
ftr-471	650	5	)	)	PUNCT
ftr-471	650	6	approach	approach	NOUN
ftr-471	650	7	appears	appear	VERB
ftr-471	650	8	to	to	PART
ftr-471	650	9	conflict	conflict	VERB
ftr-471	650	10	with	with	ADP
ftr-471	650	11	the	the	DET
ftr-471	650	12	"	"	PUNCT
ftr-471	650	13	undivided	undivided	ADJ
ftr-471	650	14	interest	interest	NOUN
ftr-471	650	15	"	"	PUNCT
ftr-471	650	16	approach	approach	NOUN
ftr-471	650	17	which	which	PRON
ftr-471	650	18	the	the	DET
ftr-471	650	19	section	section	NOUN
ftr-471	650	20	751(b	751(b	PROPN
ftr-471	650	21	)	)	PUNCT
ftr-471	650	22	regulations	regulation	NOUN
ftr-471	650	23	use	use	VERB
ftr-471	650	24	to	to	PART
ftr-471	650	25	determine	determine	VERB
ftr-471	650	26	the	the	DET
ftr-471	650	27	partnership	partnership	NOUN
ftr-471	650	28	exchange	exchange	NOUN
ftr-471	650	29	table	table	NOUN
ftr-471	650	30	.	.	PUNCT
ftr-471	651	1	the	the	DET
ftr-471	651	2	undivided	undivided	ADJ
ftr-471	651	3	interest	interest	NOUN
ftr-471	651	4	approach	approach	NOUN
ftr-471	651	5	assumes	assume	VERB
ftr-471	651	6	that	that	SCONJ
ftr-471	651	7	c	c	PROPN
ftr-471	651	8	retains	retain	VERB
ftr-471	651	9	a	a	DET
ftr-471	651	10	one	one	NUM
ftr-471	651	11	-	-	PUNCT
ftr-471	651	12	fifth	fifth	ADJ
ftr-471	651	13	interest	interest	NOUN
ftr-471	651	14	in	in	ADP
ftr-471	651	15	the	the	DET
ftr-471	651	16	gross	gross	ADJ
ftr-471	651	17	value	value	NOUN
ftr-471	651	18	of	of	ADP
ftr-471	651	19	each	each	DET
ftr-471	651	20	partnership	partnership	NOUN
ftr-471	651	21	asset	asset	NOUN
ftr-471	651	22	.	.	PUNCT
ftr-471	652	1	'47	'47	PROPN
ftr-471	652	2	as	as	SCONJ
ftr-471	652	3	illustrated	illustrate	VERB
ftr-471	652	4	above	above	ADV
ftr-471	652	5	,	,	PUNCT
ftr-471	652	6	the	the	DET
ftr-471	652	7	undivided	undivided	ADJ
ftr-471	652	8	interest	interest	NOUN
ftr-471	652	9	approach	approach	NOUN
ftr-471	652	10	is	be	AUX
ftr-471	652	11	apparently	apparently	ADV
ftr-471	652	12	flawed	flawed	ADJ
ftr-471	652	13	and	and	CCONJ
ftr-471	652	14	does	do	AUX
ftr-471	652	15	not	not	PART
ftr-471	652	16	correspond	correspond	VERB
ftr-471	652	17	to	to	ADP
ftr-471	652	18	the	the	DET
ftr-471	652	19	results	result	NOUN
ftr-471	652	20	reached	reach	VERB
ftr-471	652	21	under	under	ADP
ftr-471	652	22	the	the	DET
ftr-471	652	23	section	section	NOUN
ftr-471	652	24	704(c	704(c	NOUN
ftr-471	652	25	)	)	PUNCT
ftr-471	652	26	approach	approach	NOUN
ftr-471	652	27	.	.	PUNCT
ftr-471	653	1	48	48	NUM
ftr-471	653	2	until	until	SCONJ
ftr-471	653	3	the	the	DET
ftr-471	653	4	section	section	NOUN
ftr-471	653	5	751(b	751(b	PROPN
ftr-471	653	6	)	)	PUNCT
ftr-471	653	7	regulations	regulation	NOUN
ftr-471	653	8	are	be	AUX
ftr-471	653	9	revised	revise	VERB
ftr-471	653	10	,	,	PUNCT
ftr-471	653	11	however	however	ADV
ftr-471	653	12	,	,	PUNCT
ftr-471	653	13	145	145	NUM
ftr-471	653	14	.	.	PUNCT
ftr-471	654	1	see	see	VERB
ftr-471	654	2	i	i	PRON
ftr-471	654	3	d.	d.	PROPN
ftr-471	654	4	at	at	ADP
ftr-471	654	5	21	21	NUM
ftr-471	654	6	-	-	SYM
ftr-471	654	7	25	25	NUM
ftr-471	654	8	.	.	PUNCT
ftr-471	655	1	146	146	NUM
ftr-471	655	2	.	.	PUNCT
ftr-471	656	1	if	if	SCONJ
ftr-471	656	2	the	the	DET
ftr-471	656	3	distributed	distribute	VERB
ftr-471	656	4	property	property	NOUN
ftr-471	656	5	represented	represent	VERB
ftr-471	656	6	one	one	NUM
ftr-471	656	7	-	-	PUNCT
ftr-471	656	8	half	half	NOUN
ftr-471	656	9	of	of	ADP
ftr-471	656	10	c	c	NOUN
ftr-471	656	11	's	's	PART
ftr-471	656	12	former	former	ADJ
ftr-471	656	13	interest	interest	NOUN
ftr-471	656	14	in	in	ADP
ftr-471	656	15	terms	term	NOUN
ftr-471	656	16	of	of	ADP
ftr-471	656	17	both	both	DET
ftr-471	656	18	basis	basis	NOUN
ftr-471	656	19	(	(	PUNCT
ftr-471	656	20	$	$	SYM
ftr-471	656	21	60	60	NUM
ftr-471	656	22	)	)	PUNCT
ftr-471	656	23	and	and	CCONJ
ftr-471	656	24	value	value	NOUN
ftr-471	656	25	(	(	PUNCT
ftr-471	656	26	$	$	SYM
ftr-471	656	27	90	90	NUM
ftr-471	656	28	)	)	PUNCT
ftr-471	656	29	,	,	PUNCT
ftr-471	656	30	c	c	PROPN
ftr-471	656	31	would	would	AUX
ftr-471	656	32	have	have	VERB
ftr-471	656	33	exactly	exactly	ADV
ftr-471	656	34	a	a	DET
ftr-471	656	35	one	one	NUM
ftr-471	656	36	-	-	PUNCT
ftr-471	656	37	fifth	fifth	ADJ
ftr-471	656	38	share	share	NOUN
ftr-471	656	39	of	of	ADP
ftr-471	656	40	the	the	DET
ftr-471	656	41	partnership	partnership	NOUN
ftr-471	656	42	's	's	PART
ftr-471	656	43	post	post	ADJ
ftr-471	656	44	-	-	ADJ
ftr-471	656	45	distribution	distribution	ADJ
ftr-471	656	46	common	common	ADJ
ftr-471	656	47	basis	basis	NOUN
ftr-471	656	48	(	(	PUNCT
ftr-471	656	49	$	$	SYM
ftr-471	656	50	60/$300	60/$300	NUM
ftr-471	656	51	)	)	PUNCT
ftr-471	656	52	.	.	PUNCT
ftr-471	657	1	147	147	NUM
ftr-471	657	2	.	.	PUNCT
ftr-471	658	1	see	see	VERB
ftr-471	658	2	regs	reg	NOUN
ftr-471	658	3	.	.	PUNCT
ftr-471	659	1	§	§	PROPN
ftr-471	659	2	1.751	1.751	NUM
ftr-471	659	3	-	-	SYM
ftr-471	659	4	1(g	1(g	NUM
ftr-471	659	5	)	)	PUNCT
ftr-471	659	6	ex	ex	NOUN
ftr-471	659	7	.	.	NOUN
ftr-471	659	8	5	5	NUM
ftr-471	659	9	.	.	NOUN
ftr-471	659	10	148	148	NUM
ftr-471	659	11	.	.	PUNCT
ftr-471	660	1	see	see	VERB
ftr-471	660	2	mckee	mckee	PROPN
ftr-471	660	3	et	et	PROPN
ftr-471	660	4	al	al	PROPN
ftr-471	660	5	.	.	PROPN
ftr-471	660	6	,	,	PUNCT
ftr-471	660	7	supra	supra	PROPN
ftr-471	660	8	note	note	PROPN
ftr-471	660	9	19	19	NUM
ftr-471	660	10	,	,	PUNCT
ftr-471	660	11	21.03[8	21.03[8	NUM
ftr-471	660	12	]	]	PUNCT
ftr-471	660	13	,	,	PUNCT
ftr-471	660	14	at	at	ADP
ftr-471	660	15	21	21	NUM
ftr-471	660	16	-	-	SYM
ftr-471	660	17	28	28	NUM
ftr-471	660	18	to	to	PART
ftr-471	660	19	21	21	NUM
ftr-471	660	20	-	-	SYM
ftr-471	660	21	29	29	NUM
ftr-471	660	22	.	.	PUNCT
ftr-471	661	1	[	[	X
ftr-471	661	2	vol	vol	NOUN
ftr-471	661	3	3:12	3:12	NUM
ftr-471	661	4	partnership	partnership	NOUN
ftr-471	661	5	distributions	distribution	NOUN
ftr-471	661	6	:	:	PUNCT
ftr-471	661	7	options	option	NOUN
ftr-471	661	8	for	for	ADP
ftr-471	661	9	reform	reform	NOUN
ftr-471	661	10	partners	partner	NOUN
ftr-471	661	11	should	should	AUX
ftr-471	661	12	presumably	presumably	ADV
ftr-471	661	13	be	be	AUX
ftr-471	661	14	entitled	entitle	VERB
ftr-471	661	15	to	to	PART
ftr-471	661	16	rely	rely	VERB
ftr-471	661	17	on	on	ADP
ftr-471	661	18	the	the	DET
ftr-471	661	19	undivided	undivided	ADJ
ftr-471	661	20	interest	interest	NOUN
ftr-471	661	21	approach	approach	NOUN
ftr-471	661	22	to	to	PART
ftr-471	661	23	determine	determine	VERB
ftr-471	661	24	the	the	DET
ftr-471	661	25	initial	initial	ADJ
ftr-471	661	26	consequences	consequence	NOUN
ftr-471	661	27	of	of	ADP
ftr-471	661	28	the	the	DET
ftr-471	661	29	section	section	NOUN
ftr-471	661	30	751(b	751(b	PROPN
ftr-471	661	31	)	)	PUNCT
ftr-471	661	32	exchange	exchange	NOUN
ftr-471	661	33	.	.	PUNCT
ftr-471	662	1	since	since	SCONJ
ftr-471	662	2	the	the	DET
ftr-471	662	3	section	section	NOUN
ftr-471	662	4	704(c	704(c	NOUN
ftr-471	662	5	)	)	PUNCT
ftr-471	662	6	approach	approach	NOUN
ftr-471	662	7	generally	generally	ADV
ftr-471	662	8	preserves	preserve	VERB
ftr-471	662	9	the	the	DET
ftr-471	662	10	partners	partner	NOUN
ftr-471	662	11	'	'	PART
ftr-471	662	12	respective	respective	ADJ
ftr-471	662	13	shares	share	NOUN
ftr-471	662	14	of	of	ADP
ftr-471	662	15	hot	hot	ADJ
ftr-471	662	16	asset	asset	NOUN
ftr-471	662	17	gain	gain	NOUN
ftr-471	662	18	,	,	PUNCT
ftr-471	662	19	a	a	DET
ftr-471	662	20	book	book	NOUN
ftr-471	662	21	-	-	PUNCT
ftr-471	662	22	up	up	NOUN
ftr-471	662	23	should	should	AUX
ftr-471	662	24	render	render	VERB
ftr-471	662	25	section	section	NOUN
ftr-471	662	26	751(b	751(b	PROPN
ftr-471	662	27	)	)	PUNCT
ftr-471	662	28	inapplicable	inapplicable	ADJ
ftr-471	662	29	in	in	ADP
ftr-471	662	30	many	many	ADJ
ftr-471	662	31	common	common	ADJ
ftr-471	662	32	situations	situation	NOUN
ftr-471	662	33	.	.	PUNCT
ftr-471	663	1	it	it	PRON
ftr-471	663	2	would	would	AUX
ftr-471	663	3	be	be	AUX
ftr-471	663	4	extremely	extremely	ADV
ftr-471	663	5	helpful	helpful	ADJ
ftr-471	663	6	,	,	PUNCT
ftr-471	663	7	however	however	ADV
ftr-471	663	8	,	,	PUNCT
ftr-471	663	9	if	if	SCONJ
ftr-471	663	10	the	the	DET
ftr-471	663	11	regulations	regulation	NOUN
ftr-471	663	12	expressly	expressly	ADV
ftr-471	663	13	sanctioned	sanction	VERB
ftr-471	663	14	the	the	DET
ftr-471	663	15	use	use	NOUN
ftr-471	663	16	of	of	ADP
ftr-471	663	17	a	a	DET
ftr-471	663	18	book	book	NOUN
ftr-471	663	19	-	-	PUNCT
ftr-471	663	20	up	up	NOUN
ftr-471	663	21	to	to	PART
ftr-471	663	22	avoid	avoid	VERB
ftr-471	663	23	section	section	NOUN
ftr-471	663	24	751(b	751(b	NOUN
ftr-471	663	25	)	)	PUNCT
ftr-471	663	26	gain	gain	NOUN
ftr-471	663	27	.	.	PUNCT
ftr-471	664	1	the	the	DET
ftr-471	664	2	only	only	ADJ
ftr-471	664	3	support	support	NOUN
ftr-471	664	4	for	for	ADP
ftr-471	664	5	the	the	DET
ftr-471	664	6	book	book	NOUN
ftr-471	664	7	-	-	PUNCT
ftr-471	664	8	up	up	ADP
ftr-471	664	9	approach	approach	NOUN
ftr-471	664	10	is	be	AUX
ftr-471	664	11	an	an	DET
ftr-471	664	12	oblique	oblique	ADJ
ftr-471	664	13	reference	reference	NOUN
ftr-471	664	14	in	in	ADP
ftr-471	664	15	one	one	NUM
ftr-471	664	16	example	example	NOUN
ftr-471	664	17	involving	involve	VERB
ftr-471	664	18	admission	admission	NOUN
ftr-471	664	19	of	of	ADP
ftr-471	664	20	a	a	DET
ftr-471	664	21	new	new	ADJ
ftr-471	664	22	partner	partner	NOUN
ftr-471	664	23	.	.	PUNCT
ftr-471	665	1	in	in	ADP
ftr-471	665	2	the	the	DET
ftr-471	665	3	example	example	NOUN
ftr-471	665	4	,	,	PUNCT
ftr-471	665	5	partnership	partnership	NOUN
ftr-471	665	6	property	property	NOUN
ftr-471	665	7	is	be	AUX
ftr-471	665	8	revalued	revalue	VERB
ftr-471	665	9	when	when	SCONJ
ftr-471	665	10	the	the	DET
ftr-471	665	11	partnership	partnership	NOUN
ftr-471	665	12	owns	own	VERB
ftr-471	665	13	depreciable	depreciable	ADJ
ftr-471	665	14	property	property	NOUN
ftr-471	665	15	subject	subject	NOUN
ftr-471	665	16	to	to	ADP
ftr-471	665	17	a	a	DET
ftr-471	665	18	nonrecourse	nonrecourse	NOUN
ftr-471	665	19	debt	debt	NOUN
ftr-471	665	20	.	.	PUNCT
ftr-471	666	1	49	49	NUM
ftr-471	667	1	although	although	SCONJ
ftr-471	667	2	the	the	DET
ftr-471	667	3	admission	admission	NOUN
ftr-471	667	4	of	of	ADP
ftr-471	667	5	the	the	DET
ftr-471	667	6	new	new	ADJ
ftr-471	667	7	partner	partner	NOUN
ftr-471	667	8	triggers	trigger	VERB
ftr-471	667	9	a	a	DET
ftr-471	667	10	deemed	deem	VERB
ftr-471	667	11	distribution	distribution	NOUN
ftr-471	667	12	of	of	ADP
ftr-471	667	13	cash	cash	NOUN
ftr-471	667	14	under	under	ADP
ftr-471	667	15	section	section	NOUN
ftr-471	667	16	752	752	NUM
ftr-471	667	17	,	,	PUNCT
ftr-471	667	18	the	the	DET
ftr-471	667	19	example	example	NOUN
ftr-471	667	20	provides	provide	VERB
ftr-471	667	21	that	that	SCONJ
ftr-471	667	22	no	no	DET
ftr-471	667	23	minimum	minimum	ADJ
ftr-471	667	24	gain	gain	NOUN
ftr-471	667	25	chargeback	chargeback	NOUN
ftr-471	667	26	is	be	AUX
ftr-471	667	27	triggered	trigger	VERB
ftr-471	667	28	to	to	ADP
ftr-471	667	29	the	the	DET
ftr-471	667	30	existing	exist	VERB
ftr-471	667	31	partners	partner	NOUN
ftr-471	667	32	.	.	PUNCT
ftr-471	667	33	'o	'o	PART
ftr-471	668	1	while	while	SCONJ
ftr-471	668	2	there	there	PRON
ftr-471	668	3	is	be	VERB
ftr-471	668	4	no	no	DET
ftr-471	668	5	mention	mention	NOUN
ftr-471	668	6	of	of	ADP
ftr-471	668	7	section	section	NOUN
ftr-471	668	8	751(b	751(b	PROPN
ftr-471	668	9	)	)	PUNCT
ftr-471	668	10	,	,	PUNCT
ftr-471	668	11	the	the	DET
ftr-471	668	12	result	result	NOUN
ftr-471	668	13	would	would	AUX
ftr-471	668	14	clearly	clearly	ADV
ftr-471	668	15	be	be	AUX
ftr-471	668	16	different	different	ADJ
ftr-471	668	17	if	if	SCONJ
ftr-471	668	18	the	the	DET
ftr-471	668	19	deemed	deem	VERB
ftr-471	668	20	section	section	NOUN
ftr-471	668	21	752	752	NUM
ftr-471	668	22	distribution	distribution	NOUN
ftr-471	668	23	were	be	AUX
ftr-471	668	24	treated	treat	VERB
ftr-471	668	25	as	as	ADP
ftr-471	668	26	triggering	trigger	VERB
ftr-471	668	27	a	a	DET
ftr-471	668	28	shift	shift	NOUN
ftr-471	668	29	in	in	ADP
ftr-471	668	30	hot	hot	ADJ
ftr-471	668	31	assets.15	assets.15	NOUN
ftr-471	668	32	'	'	PUNCT
ftr-471	668	33	the	the	DET
ftr-471	668	34	section	section	NOUN
ftr-471	668	35	751(b	751(b	PROPN
ftr-471	668	36	)	)	PUNCT
ftr-471	668	37	regulations	regulation	NOUN
ftr-471	668	38	should	should	AUX
ftr-471	668	39	also	also	ADV
ftr-471	668	40	be	be	AUX
ftr-471	668	41	revised	revise	VERB
ftr-471	668	42	to	to	PART
ftr-471	668	43	reflect	reflect	VERB
ftr-471	668	44	the	the	DET
ftr-471	668	45	consequences	consequence	NOUN
ftr-471	668	46	of	of	ADP
ftr-471	668	47	a	a	DET
ftr-471	668	48	book	book	NOUN
ftr-471	668	49	-	-	PUNCT
ftr-471	668	50	up	up	NOUN
ftr-471	668	51	when	when	SCONJ
ftr-471	668	52	a	a	DET
ftr-471	668	53	partnership	partnership	NOUN
ftr-471	668	54	owns	own	VERB
ftr-471	668	55	hot	hot	ADJ
ftr-471	668	56	assets.5	assets.5	NOUN
ftr-471	668	57	'	'	PUNCT
ftr-471	668	58	although	although	SCONJ
ftr-471	668	59	a	a	DET
ftr-471	668	60	book	book	NOUN
ftr-471	668	61	-	-	PUNCT
ftr-471	668	62	up	up	NOUN
ftr-471	668	63	may	may	AUX
ftr-471	668	64	render	render	VERB
ftr-471	668	65	section	section	NOUN
ftr-471	668	66	751(b	751(b	PROPN
ftr-471	668	67	)	)	PUNCT
ftr-471	668	68	inapplicable	inapplicable	ADJ
ftr-471	668	69	with	with	ADP
ftr-471	668	70	respect	respect	NOUN
ftr-471	668	71	to	to	ADP
ftr-471	668	72	many	many	ADJ
ftr-471	668	73	distributions	distribution	NOUN
ftr-471	668	74	of	of	ADP
ftr-471	668	75	nonsection	nonsection	NOUN
ftr-471	668	76	751	751	NUM
ftr-471	668	77	property	property	NOUN
ftr-471	668	78	,	,	PUNCT
ftr-471	668	79	there	there	PRON
ftr-471	668	80	are	be	VERB
ftr-471	668	81	situations	situation	NOUN
ftr-471	668	82	in	in	ADP
ftr-471	668	83	which	which	PRON
ftr-471	668	84	a	a	DET
ftr-471	668	85	book	book	NOUN
ftr-471	668	86	-	-	PUNCT
ftr-471	668	87	up	up	NOUN
ftr-471	668	88	can	can	AUX
ftr-471	668	89	not	not	PART
ftr-471	668	90	prevent	prevent	VERB
ftr-471	668	91	a	a	DET
ftr-471	668	92	section	section	NOUN
ftr-471	668	93	751(b	751(b	NOUN
ftr-471	668	94	)	)	PUNCT
ftr-471	668	95	shift	shift	NOUN
ftr-471	668	96	.	.	PUNCT
ftr-471	669	1	assume	assume	VERB
ftr-471	669	2	that	that	SCONJ
ftr-471	669	3	a	a	DET
ftr-471	669	4	partnership	partnership	NOUN
ftr-471	669	5	holds	hold	VERB
ftr-471	669	6	nonzero	nonzero	PROPN
ftr-471	669	7	basis	basis	NOUN
ftr-471	669	8	hot	hot	ADJ
ftr-471	669	9	assets	asset	NOUN
ftr-471	669	10	and	and	CCONJ
ftr-471	669	11	the	the	DET
ftr-471	669	12	distributee	distributee	NOUN
ftr-471	669	13	receives	receive	VERB
ftr-471	669	14	only	only	ADV
ftr-471	669	15	nonsection	nonsection	NOUN
ftr-471	669	16	751	751	NUM
ftr-471	669	17	assets	asset	NOUN
ftr-471	669	18	.	.	PUNCT
ftr-471	670	1	even	even	ADV
ftr-471	670	2	though	though	SCONJ
ftr-471	670	3	a	a	DET
ftr-471	670	4	revaluation	revaluation	NOUN
ftr-471	670	5	freezes	freeze	VERB
ftr-471	670	6	the	the	DET
ftr-471	670	7	distributee	distributee	NOUN
ftr-471	670	8	's	's	PART
ftr-471	670	9	share	share	NOUN
ftr-471	670	10	of	of	ADP
ftr-471	670	11	hot	hot	ADJ
ftr-471	670	12	asset	asset	NOUN
ftr-471	670	13	appreciation	appreciation	NOUN
ftr-471	670	14	,	,	PUNCT
ftr-471	670	15	section	section	NOUN
ftr-471	670	16	751	751	NUM
ftr-471	670	17	(	(	PUNCT
ftr-471	670	18	b	b	NOUN
ftr-471	670	19	)	)	PUNCT
ftr-471	670	20	will	will	AUX
ftr-471	670	21	nevertheless	nevertheless	ADV
ftr-471	670	22	be	be	AUX
ftr-471	670	23	triggered	trigger	VERB
ftr-471	670	24	if	if	SCONJ
ftr-471	670	25	the	the	DET
ftr-471	670	26	distributee	distributee	NOUN
ftr-471	670	27	's	's	PART
ftr-471	670	28	share	share	NOUN
ftr-471	670	29	of	of	ADP
ftr-471	670	30	the	the	DET
ftr-471	670	31	gross	gross	ADJ
ftr-471	670	32	value	value	NOUN
ftr-471	670	33	of	of	ADP
ftr-471	670	34	the	the	DET
ftr-471	670	35	partnership	partnership	NOUN
ftr-471	670	36	's	's	PART
ftr-471	670	37	hot	hot	ADJ
ftr-471	670	38	assets	asset	NOUN
ftr-471	670	39	is	be	AUX
ftr-471	670	40	reduced	reduce	VERB
ftr-471	670	41	.	.	PUNCT
ftr-471	671	1	under	under	ADP
ftr-471	671	2	the	the	DET
ftr-471	671	3	section	section	NOUN
ftr-471	671	4	704(c	704(c	NOUN
ftr-471	671	5	)	)	PUNCT
ftr-471	671	6	approach	approach	NOUN
ftr-471	671	7	,	,	PUNCT
ftr-471	671	8	the	the	DET
ftr-471	671	9	distributee	distributee	NOUN
ftr-471	671	10	's	's	PART
ftr-471	671	11	share	share	NOUN
ftr-471	671	12	of	of	ADP
ftr-471	671	13	the	the	DET
ftr-471	671	14	gross	gross	ADJ
ftr-471	671	15	value	value	NOUN
ftr-471	671	16	of	of	ADP
ftr-471	671	17	hot	hot	ADJ
ftr-471	671	18	assets	asset	NOUN
ftr-471	671	19	depends	depend	VERB
ftr-471	671	20	on	on	ADP
ftr-471	671	21	her	her	PRON
ftr-471	671	22	share	share	NOUN
ftr-471	671	23	of	of	ADP
ftr-471	671	24	common	common	ADJ
ftr-471	671	25	basis	basis	NOUN
ftr-471	671	26	plus	plus	CCONJ
ftr-471	671	27	her	her	PRON
ftr-471	671	28	share	share	NOUN
ftr-471	671	29	of	of	ADP
ftr-471	671	30	unrealized	unrealized	ADJ
ftr-471	671	31	appreciation	appreciation	NOUN
ftr-471	671	32	.	.	PUNCT
ftr-471	672	1	if	if	SCONJ
ftr-471	672	2	a	a	DET
ftr-471	672	3	distribution	distribution	NOUN
ftr-471	672	4	reduces	reduce	VERB
ftr-471	672	5	the	the	DET
ftr-471	672	6	distributee	distributee	NOUN
ftr-471	672	7	's	's	PART
ftr-471	672	8	percentage	percentage	NOUN
ftr-471	672	9	share	share	NOUN
ftr-471	672	10	of	of	ADP
ftr-471	672	11	common	common	ADJ
ftr-471	672	12	basis	basis	NOUN
ftr-471	672	13	(	(	PUNCT
ftr-471	672	14	but	but	CCONJ
ftr-471	672	15	does	do	AUX
ftr-471	672	16	not	not	PART
ftr-471	672	17	alter	alter	VERB
ftr-471	672	18	her	her	PRON
ftr-471	672	19	share	share	NOUN
ftr-471	672	20	of	of	ADP
ftr-471	672	21	unrealized	unrealized	ADJ
ftr-471	672	22	appreciation	appreciation	NOUN
ftr-471	672	23	)	)	PUNCT
ftr-471	672	24	,	,	PUNCT
ftr-471	672	25	her	her	PRON
ftr-471	672	26	share	share	NOUN
ftr-471	672	27	of	of	ADP
ftr-471	672	28	the	the	DET
ftr-471	672	29	gross	gross	ADJ
ftr-471	672	30	value	value	NOUN
ftr-471	672	31	of	of	ADP
ftr-471	672	32	the	the	DET
ftr-471	672	33	partnership	partnership	NOUN
ftr-471	672	34	's	's	PART
ftr-471	672	35	assets	asset	NOUN
ftr-471	672	36	is	be	AUX
ftr-471	672	37	149	149	NUM
ftr-471	672	38	.	.	PUNCT
ftr-471	673	1	see	see	VERB
ftr-471	673	2	regs	reg	NOUN
ftr-471	673	3	.	.	PUNCT
ftr-471	674	1	§	§	PROPN
ftr-471	674	2	1.704	1.704	NUM
ftr-471	674	3	-	-	PUNCT
ftr-471	674	4	2(m	2(m	NUM
ftr-471	674	5	)	)	PUNCT
ftr-471	674	6	ex	ex	NOUN
ftr-471	674	7	.	.	NOUN
ftr-471	674	8	3(ii	3(ii	NUM
ftr-471	674	9	)	)	PUNCT
ftr-471	674	10	.	.	PUNCT
ftr-471	675	1	150	150	NUM
ftr-471	675	2	.	.	PUNCT
ftr-471	676	1	i	i	PRON
ftr-471	676	2	d.	d.	PROPN
ftr-471	676	3	;	;	PUNCT
ftr-471	676	4	see	see	VERB
ftr-471	676	5	also	also	ADV
ftr-471	676	6	regs	reg	VERB
ftr-471	676	7	.	.	PUNCT
ftr-471	677	1	§	§	PROPN
ftr-471	677	2	1.704	1.704	NUM
ftr-471	677	3	-	-	NUM
ftr-471	677	4	2(d)(4	2(d)(4	NUM
ftr-471	677	5	)	)	PUNCT
ftr-471	677	6	(	(	PUNCT
ftr-471	677	7	decrease	decrease	NOUN
ftr-471	677	8	in	in	ADP
ftr-471	677	9	partnership	partnership	NOUN
ftr-471	677	10	minimum	minimum	ADJ
ftr-471	677	11	gain	gain	NOUN
ftr-471	677	12	attributable	attributable	ADJ
ftr-471	677	13	to	to	ADP
ftr-471	677	14	revaluation	revaluation	NOUN
ftr-471	677	15	added	add	VERB
ftr-471	677	16	back	back	ADV
ftr-471	677	17	for	for	ADP
ftr-471	677	18	purposes	purpose	NOUN
ftr-471	677	19	of	of	ADP
ftr-471	677	20	determining	determine	VERB
ftr-471	677	21	any	any	DET
ftr-471	677	22	net	net	ADJ
ftr-471	677	23	increase	increase	NOUN
ftr-471	677	24	(	(	PUNCT
ftr-471	677	25	decrease	decrease	NOUN
ftr-471	677	26	)	)	PUNCT
ftr-471	677	27	in	in	ADP
ftr-471	677	28	partnership	partnership	NOUN
ftr-471	677	29	minimum	minimum	NOUN
ftr-471	677	30	gain	gain	NOUN
ftr-471	677	31	for	for	ADP
ftr-471	677	32	current	current	ADJ
ftr-471	677	33	year	year	NOUN
ftr-471	677	34	)	)	PUNCT
ftr-471	677	35	.	.	PUNCT
ftr-471	678	1	151	151	NUM
ftr-471	678	2	.	.	PUNCT
ftr-471	679	1	see	see	VERB
ftr-471	679	2	mckee	mckee	PROPN
ftr-471	679	3	et	et	PROPN
ftr-471	679	4	al	al	PROPN
ftr-471	679	5	.	.	PROPN
ftr-471	679	6	,	,	PUNCT
ftr-471	679	7	supra	supra	PROPN
ftr-471	679	8	note	note	PROPN
ftr-471	679	9	19	19	NUM
ftr-471	679	10	,	,	PUNCT
ftr-471	679	11	21.03[8	21.03[8	NUM
ftr-471	679	12	]	]	PUNCT
ftr-471	679	13	,	,	PUNCT
ftr-471	679	14	at	at	ADP
ftr-471	679	15	21	21	NUM
ftr-471	679	16	-	-	SYM
ftr-471	679	17	30	30	NUM
ftr-471	679	18	to	to	PART
ftr-471	679	19	21	21	NUM
ftr-471	679	20	-	-	SYM
ftr-471	679	21	31	31	NUM
ftr-471	679	22	;	;	PUNCT
ftr-471	680	1	cf	cf	X
ftr-471	680	2	.	.	PUNCT
ftr-471	680	3	rev	rev	PROPN
ftr-471	680	4	.	.	PUNCT
ftr-471	681	1	rul	rul	NOUN
ftr-471	681	2	.	.	PUNCT
ftr-471	682	1	84	84	NUM
ftr-471	682	2	-	-	SYM
ftr-471	682	3	102	102	NUM
ftr-471	682	4	,	,	PUNCT
ftr-471	682	5	1984	1984	NUM
ftr-471	682	6	-	-	SYM
ftr-471	682	7	2	2	NUM
ftr-471	682	8	c.b	c.b	PROPN
ftr-471	682	9	.	.	PROPN
ftr-471	682	10	119	119	NUM
ftr-471	682	11	(	(	PUNCT
ftr-471	682	12	disproportionate	disproportionate	ADJ
ftr-471	682	13	distribution	distribution	NOUN
ftr-471	682	14	of	of	ADP
ftr-471	682	15	cash	cash	NOUN
ftr-471	682	16	triggers	trigger	NOUN
ftr-471	682	17	gain	gain	VERB
ftr-471	682	18	under	under	ADP
ftr-471	682	19	§	§	PROPN
ftr-471	682	20	751(b	751(b	PROPN
ftr-471	682	21	)	)	PUNCT
ftr-471	682	22	;	;	PUNCT
ftr-471	682	23	book	book	NOUN
ftr-471	682	24	-	-	PUNCT
ftr-471	682	25	up	up	NOUN
ftr-471	682	26	not	not	PART
ftr-471	682	27	addressed	address	VERB
ftr-471	682	28	)	)	PUNCT
ftr-471	682	29	.	.	PUNCT
ftr-471	683	1	see	see	VERB
ftr-471	683	2	also	also	ADV
ftr-471	683	3	francis	francis	PROPN
ftr-471	683	4	j.	j.	PROPN
ftr-471	683	5	emmons	emmons	PROPN
ftr-471	683	6	&	&	CCONJ
ftr-471	683	7	s.	s.	PROPN
ftr-471	683	8	richard	richard	PROPN
ftr-471	683	9	fine	fine	PROPN
ftr-471	683	10	,	,	PUNCT
ftr-471	683	11	coping	cope	VERB
ftr-471	683	12	with	with	ADP
ftr-471	683	13	irs	irs	PROPN
ftr-471	683	14	'	'	PART
ftr-471	683	15	ruling	ruling	NOUN
ftr-471	683	16	which	which	PRON
ftr-471	683	17	applies	apply	VERB
ftr-471	683	18	sec	sec	PROPN
ftr-471	683	19	.	.	PROPN
ftr-471	683	20	751	751	NUM
ftr-471	683	21	on	on	ADP
ftr-471	683	22	the	the	DET
ftr-471	683	23	admission	admission	NOUN
ftr-471	683	24	of	of	ADP
ftr-471	683	25	new	new	ADJ
ftr-471	683	26	partners	partner	NOUN
ftr-471	683	27	,	,	PUNCT
ftr-471	683	28	62	62	NUM
ftr-471	683	29	j.	j.	NOUN
ftr-471	683	30	tax'n	tax'n	ADP
ftr-471	683	31	160	160	NUM
ftr-471	683	32	(	(	PUNCT
ftr-471	683	33	1985	1985	NUM
ftr-471	683	34	)	)	PUNCT
ftr-471	683	35	;	;	PUNCT
ftr-471	684	1	william	william	PROPN
ftr-471	684	2	t.	t.	PROPN
ftr-471	684	3	carman	carman	PROPN
ftr-471	684	4	,	,	PUNCT
ftr-471	684	5	revenue	revenue	NOUN
ftr-471	684	6	ruling	rule	VERB
ftr-471	684	7	84	84	NUM
ftr-471	684	8	-	-	SYM
ftr-471	684	9	102	102	NUM
ftr-471	684	10	-	-	PUNCT
ftr-471	684	11	an	an	DET
ftr-471	684	12	erroneous	erroneous	ADJ
ftr-471	684	13	conclusion	conclusion	NOUN
ftr-471	684	14	?	?	PUNCT
ftr-471	684	15	.	.	PUNCT
ftr-471	685	1	2	2	NUM
ftr-471	685	2	j.	j.	PROPN
ftr-471	685	3	partnership	partnership	PROPN
ftr-471	685	4	tax'n	tax'n	ADJ
ftr-471	685	5	371	371	NUM
ftr-471	685	6	(	(	PUNCT
ftr-471	685	7	1986	1986	NUM
ftr-471	685	8	)	)	PUNCT
ftr-471	685	9	.	.	PUNCT
ftr-471	686	1	152	152	NUM
ftr-471	686	2	.	.	PUNCT
ftr-471	687	1	the	the	DET
ftr-471	687	2	existing	exist	VERB
ftr-471	687	3	§	§	PROPN
ftr-471	687	4	751(b	751(b	PROPN
ftr-471	687	5	)	)	PUNCT
ftr-471	687	6	regulations	regulation	NOUN
ftr-471	687	7	expressly	expressly	ADV
ftr-471	687	8	sanction	sanction	VERB
ftr-471	687	9	an	an	DET
ftr-471	687	10	agreement	agreement	NOUN
ftr-471	687	11	to	to	PART
ftr-471	687	12	treat	treat	VERB
ftr-471	687	13	a	a	DET
ftr-471	687	14	distribution	distribution	NOUN
ftr-471	687	15	of	of	ADP
ftr-471	687	16	one	one	NUM
ftr-471	687	17	class	class	NOUN
ftr-471	687	18	of	of	ADP
ftr-471	687	19	partnership	partnership	NOUN
ftr-471	687	20	property	property	NOUN
ftr-471	687	21	as	as	ADP
ftr-471	687	22	reducing	reduce	VERB
ftr-471	687	23	the	the	DET
ftr-471	687	24	distributee	distributee	NOUN
ftr-471	687	25	's	's	PART
ftr-471	687	26	interest	interest	NOUN
ftr-471	687	27	only	only	ADV
ftr-471	687	28	in	in	ADP
ftr-471	687	29	that	that	DET
ftr-471	687	30	class	class	NOUN
ftr-471	687	31	of	of	ADP
ftr-471	687	32	property	property	NOUN
ftr-471	687	33	.	.	PUNCT
ftr-471	688	1	see	see	VERB
ftr-471	688	2	regs	reg	NOUN
ftr-471	688	3	.	.	PUNCT
ftr-471	689	1	§	§	PROPN
ftr-471	689	2	1.751	1.751	NUM
ftr-471	689	3	-	-	SYM
ftr-471	689	4	1(b)(1)(ii	1(b)(1)(ii	NUM
ftr-471	689	5	)	)	PUNCT
ftr-471	689	6	.	.	PUNCT
ftr-471	690	1	a	a	DET
ftr-471	690	2	book	book	NOUN
ftr-471	690	3	-	-	PUNCT
ftr-471	690	4	up	up	NOUN
ftr-471	690	5	,	,	PUNCT
ftr-471	690	6	which	which	PRON
ftr-471	690	7	freezes	freeze	VERB
ftr-471	690	8	the	the	DET
ftr-471	690	9	distributee	distributee	NOUN
ftr-471	690	10	's	's	PART
ftr-471	690	11	interest	interest	NOUN
ftr-471	690	12	in	in	ADP
ftr-471	690	13	hot	hot	ADJ
ftr-471	690	14	assets	asset	NOUN
ftr-471	690	15	,	,	PUNCT
ftr-471	690	16	may	may	AUX
ftr-471	690	17	have	have	VERB
ftr-471	690	18	a	a	DET
ftr-471	690	19	similar	similar	ADJ
ftr-471	690	20	effect	effect	NOUN
ftr-471	690	21	.	.	PUNCT
ftr-471	691	1	19981	19981	NUM
ftr-471	691	2	florida	florida	PROPN
ftr-471	691	3	tax	tax	NOUN
ftr-471	691	4	review	review	NOUN
ftr-471	691	5	necessarily	necessarily	ADV
ftr-471	691	6	reduced	reduce	VERB
ftr-471	691	7	.	.	PUNCT
ftr-471	692	1	'53	'53	NUM
ftr-471	692	2	thus	thus	ADV
ftr-471	692	3	,	,	PUNCT
ftr-471	692	4	section	section	NOUN
ftr-471	692	5	751(b	751(b	PROPN
ftr-471	692	6	)	)	PUNCT
ftr-471	692	7	will	will	AUX
ftr-471	692	8	be	be	AUX
ftr-471	692	9	triggered	trigger	VERB
ftr-471	692	10	even	even	ADV
ftr-471	692	11	though	though	SCONJ
ftr-471	692	12	the	the	DET
ftr-471	692	13	distributee	distributee	NOUN
ftr-471	692	14	's	's	PART
ftr-471	692	15	share	share	NOUN
ftr-471	692	16	of	of	ADP
ftr-471	692	17	hot	hot	ADJ
ftr-471	692	18	asset	asset	NOUN
ftr-471	692	19	gain	gain	NOUN
ftr-471	692	20	is	be	AUX
ftr-471	692	21	unchanged	unchanged	ADJ
ftr-471	692	22	.	.	PUNCT
ftr-471	693	1	this	this	DET
ftr-471	693	2	treatment	treatment	NOUN
ftr-471	693	3	reflects	reflect	VERB
ftr-471	693	4	the	the	DET
ftr-471	693	5	underlying	underlie	VERB
ftr-471	693	6	flaw	flaw	NOUN
ftr-471	693	7	in	in	ADP
ftr-471	693	8	the	the	DET
ftr-471	693	9	measurement	measurement	NOUN
ftr-471	693	10	of	of	ADP
ftr-471	693	11	hot	hot	ADJ
ftr-471	693	12	asset	asset	NOUN
ftr-471	693	13	shifts	shift	NOUN
ftr-471	693	14	under	under	ADP
ftr-471	693	15	existing	exist	VERB
ftr-471	693	16	section	section	NOUN
ftr-471	693	17	751(b	751(b	PROPN
ftr-471	693	18	)	)	PUNCT
ftr-471	693	19	.	.	PUNCT
ftr-471	694	1	the	the	DET
ftr-471	694	2	anomaly	anomaly	NOUN
ftr-471	694	3	would	would	AUX
ftr-471	694	4	be	be	AUX
ftr-471	694	5	eliminated	eliminate	VERB
ftr-471	694	6	if	if	SCONJ
ftr-471	694	7	the	the	DET
ftr-471	694	8	provision	provision	NOUN
ftr-471	694	9	were	be	AUX
ftr-471	694	10	revised	revise	VERB
ftr-471	694	11	to	to	PART
ftr-471	694	12	focus	focus	VERB
ftr-471	694	13	on	on	ADP
ftr-471	694	14	shifts	shift	NOUN
ftr-471	694	15	in	in	ADP
ftr-471	694	16	hot	hot	ADJ
ftr-471	694	17	asset	asset	NOUN
ftr-471	694	18	appreciation	appreciation	NOUN
ftr-471	694	19	(	(	PUNCT
ftr-471	694	20	rather	rather	ADV
ftr-471	694	21	than	than	ADP
ftr-471	694	22	gross	gross	ADJ
ftr-471	694	23	value	value	NOUN
ftr-471	694	24	)	)	PUNCT
ftr-471	694	25	.	.	PUNCT
ftr-471	695	1	the	the	DET
ftr-471	695	2	examples	example	NOUN
ftr-471	695	3	above	above	ADP
ftr-471	695	4	assume	assume	VERB
ftr-471	695	5	that	that	SCONJ
ftr-471	695	6	the	the	DET
ftr-471	695	7	partnership	partnership	NOUN
ftr-471	695	8	distributes	distribute	VERB
ftr-471	695	9	only	only	ADV
ftr-471	695	10	nonsection	nonsection	NOUN
ftr-471	695	11	751	751	NUM
ftr-471	695	12	assets	asset	NOUN
ftr-471	695	13	and	and	CCONJ
ftr-471	695	14	the	the	DET
ftr-471	695	15	distributee	distributee	NOUN
ftr-471	695	16	retains	retain	VERB
ftr-471	695	17	an	an	DET
ftr-471	695	18	interest	interest	NOUN
ftr-471	695	19	in	in	ADP
ftr-471	695	20	the	the	DET
ftr-471	695	21	partnership	partnership	NOUN
ftr-471	695	22	's	's	PART
ftr-471	695	23	remaining	remain	VERB
ftr-471	695	24	hot	hot	ADJ
ftr-471	695	25	assets	asset	NOUN
ftr-471	695	26	sufficient	sufficient	ADJ
ftr-471	695	27	to	to	PART
ftr-471	695	28	avoid	avoid	VERB
ftr-471	695	29	triggering	trigger	VERB
ftr-471	695	30	section	section	NOUN
ftr-471	695	31	751	751	NUM
ftr-471	695	32	(	(	PUNCT
ftr-471	695	33	b	b	NOUN
ftr-471	695	34	)	)	PUNCT
ftr-471	695	35	.	.	PUNCT
ftr-471	696	1	if	if	SCONJ
ftr-471	696	2	a	a	DET
ftr-471	696	3	nonliquidating	nonliquidate	VERB
ftr-471	696	4	distribution	distribution	NOUN
ftr-471	696	5	includes	include	VERB
ftr-471	696	6	hot	hot	ADJ
ftr-471	696	7	assets	asset	NOUN
ftr-471	696	8	,	,	PUNCT
ftr-471	696	9	a	a	DET
ftr-471	696	10	book	book	NOUN
ftr-471	696	11	-	-	PUNCT
ftr-471	696	12	up	up	NOUN
ftr-471	696	13	can	can	AUX
ftr-471	696	14	not	not	PART
ftr-471	696	15	necessarily	necessarily	ADV
ftr-471	696	16	prevent	prevent	VERB
ftr-471	696	17	a	a	DET
ftr-471	696	18	section	section	NOUN
ftr-471	696	19	751(b	751(b	NOUN
ftr-471	696	20	)	)	PUNCT
ftr-471	696	21	shift	shift	NOUN
ftr-471	696	22	because	because	SCONJ
ftr-471	696	23	a	a	DET
ftr-471	696	24	portion	portion	NOUN
ftr-471	696	25	of	of	ADP
ftr-471	696	26	the	the	DET
ftr-471	696	27	hot	hot	ADJ
ftr-471	696	28	assets	asset	NOUN
ftr-471	696	29	are	be	AUX
ftr-471	696	30	no	no	ADV
ftr-471	696	31	longer	long	ADV
ftr-471	696	32	in	in	ADP
ftr-471	696	33	partnership	partnership	NOUN
ftr-471	696	34	solution	solution	NOUN
ftr-471	696	35	.	.	PUNCT
ftr-471	697	1	similarly	similarly	ADV
ftr-471	697	2	,	,	PUNCT
ftr-471	697	3	a	a	DET
ftr-471	697	4	hot	hot	ADJ
ftr-471	697	5	asset	asset	NOUN
ftr-471	697	6	shift	shift	NOUN
ftr-471	697	7	may	may	AUX
ftr-471	697	8	occur	occur	VERB
ftr-471	697	9	when	when	SCONJ
ftr-471	697	10	a	a	DET
ftr-471	697	11	partner	partner	NOUN
ftr-471	697	12	's	's	PART
ftr-471	697	13	interest	interest	NOUN
ftr-471	697	14	is	be	AUX
ftr-471	697	15	entirely	entirely	ADV
ftr-471	697	16	liquidated	liquidate	VERB
ftr-471	697	17	,	,	PUNCT
ftr-471	697	18	since	since	SCONJ
ftr-471	697	19	the	the	DET
ftr-471	697	20	distributee	distributee	NOUN
ftr-471	697	21	retains	retain	VERB
ftr-471	697	22	no	no	DET
ftr-471	697	23	share	share	NOUN
ftr-471	697	24	of	of	ADP
ftr-471	697	25	the	the	DET
ftr-471	697	26	partnership	partnership	NOUN
ftr-471	697	27	's	's	PART
ftr-471	697	28	remaining	remain	VERB
ftr-471	697	29	assets	asset	NOUN
ftr-471	697	30	.	.	PUNCT
ftr-471	698	1	although	although	SCONJ
ftr-471	698	2	the	the	DET
ftr-471	698	3	section	section	NOUN
ftr-471	698	4	704(b	704(b	PROPN
ftr-471	698	5	)	)	PUNCT
ftr-471	698	6	regulations	regulation	NOUN
ftr-471	698	7	virtually	virtually	ADV
ftr-471	698	8	mandate	mandate	VERB
ftr-471	698	9	a	a	DET
ftr-471	698	10	book	book	NOUN
ftr-471	698	11	-	-	PUNCT
ftr-471	698	12	up	up	NOUN
ftr-471	698	13	(	(	PUNCT
ftr-471	698	14	or	or	CCONJ
ftr-471	698	15	equivalent	equivalent	ADJ
ftr-471	698	16	special	special	ADJ
ftr-471	698	17	allocations	allocation	NOUN
ftr-471	698	18	)	)	PUNCT
ftr-471	698	19	when	when	SCONJ
ftr-471	698	20	a	a	DET
ftr-471	698	21	portion	portion	NOUN
ftr-471	698	22	of	of	ADP
ftr-471	698	23	a	a	DET
ftr-471	698	24	partner	partner	NOUN
ftr-471	698	25	's	's	PART
ftr-471	698	26	interest	interest	NOUN
ftr-471	698	27	is	be	AUX
ftr-471	698	28	relinquished	relinquish	VERB
ftr-471	698	29	,	,	PUNCT
ftr-471	698	30	the	the	DET
ftr-471	698	31	partnership	partnership	NOUN
ftr-471	698	32	is	be	AUX
ftr-471	698	33	burdened	burden	VERB
ftr-471	698	34	with	with	ADP
ftr-471	698	35	the	the	DET
ftr-471	698	36	need	need	NOUN
ftr-471	698	37	for	for	ADP
ftr-471	698	38	continuing	continue	VERB
ftr-471	698	39	special	special	ADJ
ftr-471	698	40	allocations	allocation	NOUN
ftr-471	698	41	.	.	PUNCT
ftr-471	699	1	thus	thus	ADV
ftr-471	699	2	,	,	PUNCT
ftr-471	699	3	a	a	DET
ftr-471	699	4	revaluation	revaluation	NOUN
ftr-471	699	5	may	may	AUX
ftr-471	699	6	prove	prove	VERB
ftr-471	699	7	quite	quite	ADV
ftr-471	699	8	cumbersome	cumbersome	ADJ
ftr-471	699	9	.	.	PUNCT
ftr-471	700	1	unfortunately	unfortunately	ADV
ftr-471	700	2	,	,	PUNCT
ftr-471	700	3	the	the	DET
ftr-471	700	4	section	section	NOUN
ftr-471	700	5	704(b	704(b	PROPN
ftr-471	700	6	)	)	PUNCT
ftr-471	700	7	regulations	regulation	NOUN
ftr-471	700	8	provide	provide	VERB
ftr-471	700	9	virtually	virtually	ADV
ftr-471	700	10	no	no	DET
ftr-471	700	11	guidance	guidance	NOUN
ftr-471	700	12	concerning	concern	VERB
ftr-471	700	13	the	the	DET
ftr-471	700	14	effect	effect	NOUN
ftr-471	700	15	of	of	ADP
ftr-471	700	16	a	a	DET
ftr-471	700	17	revaluation	revaluation	NOUN
ftr-471	700	18	in	in	ADP
ftr-471	700	19	connection	connection	NOUN
ftr-471	700	20	with	with	ADP
ftr-471	700	21	a	a	DET
ftr-471	700	22	hot	hot	ADJ
ftr-471	700	23	asset	asset	NOUN
ftr-471	700	24	distribution	distribution	NOUN
ftr-471	700	25	.	.	PUNCT
ftr-471	701	1	iv	iv	X
ftr-471	701	2	.	.	PUNCT
ftr-471	701	3	preserving	preserve	VERB
ftr-471	701	4	nonrecognition	nonrecognition	NOUN
ftr-471	701	5	treatment	treatment	NOUN
ftr-471	701	6	through	through	ADP
ftr-471	701	7	basis	basis	NOUN
ftr-471	701	8	adjustments	adjustment	NOUN
ftr-471	701	9	a.	a.	NOUN
ftr-471	701	10	hot	hot	ADJ
ftr-471	701	11	asset	asset	NOUN
ftr-471	701	12	exchanges	exchange	NOUN
ftr-471	701	13	and	and	CCONJ
ftr-471	701	14	inside	inside	ADP
ftr-471	701	15	basis	basis	NOUN
ftr-471	701	16	adjustments	adjustment	NOUN
ftr-471	701	17	william	william	PROPN
ftr-471	701	18	d.	d.	PROPN
ftr-471	701	19	andrews	andrews	PROPN
ftr-471	701	20	has	have	AUX
ftr-471	701	21	recently	recently	ADV
ftr-471	701	22	proposed	propose	VERB
ftr-471	701	23	several	several	ADJ
ftr-471	701	24	changes	change	NOUN
ftr-471	701	25	in	in	ADP
ftr-471	701	26	the	the	DET
ftr-471	701	27	treatment	treatment	NOUN
ftr-471	701	28	of	of	ADP
ftr-471	701	29	partnership	partnership	NOUN
ftr-471	701	30	distributions	distribution	NOUN
ftr-471	701	31	,	,	PUNCT
ftr-471	701	32	ranging	range	VERB
ftr-471	701	33	from	from	ADP
ftr-471	701	34	relatively	relatively	ADV
ftr-471	701	35	minor	minor	ADJ
ftr-471	701	36	technical	technical	ADJ
ftr-471	701	37	revisions	revision	NOUN
ftr-471	701	38	to	to	ADP
ftr-471	701	39	far	far	ADV
ftr-471	701	40	-	-	PUNCT
ftr-471	701	41	reaching	reach	VERB
ftr-471	701	42	structural	structural	ADJ
ftr-471	701	43	reforms	reform	NOUN
ftr-471	701	44	.	.	PUNCT
ftr-471	702	1	'4	'4	VERB
ftr-471	702	2	the	the	DET
ftr-471	702	3	general	general	ADJ
ftr-471	702	4	tendency	tendency	NOUN
ftr-471	702	5	of	of	ADP
ftr-471	702	6	these	these	DET
ftr-471	702	7	proposals	proposal	NOUN
ftr-471	702	8	is	be	AUX
ftr-471	702	9	to	to	PART
ftr-471	702	10	prevent	prevent	VERB
ftr-471	702	11	the	the	DET
ftr-471	702	12	use	use	NOUN
ftr-471	702	13	of	of	ADP
ftr-471	702	14	distributions	distribution	NOUN
ftr-471	702	15	to	to	PART
ftr-471	702	16	shift	shift	VERB
ftr-471	702	17	unrealized	unrealized	ADJ
ftr-471	702	18	appreciation	appreciation	NOUN
ftr-471	702	19	among	among	ADP
ftr-471	702	20	partners	partner	NOUN
ftr-471	702	21	and	and	CCONJ
ftr-471	702	22	to	to	PART
ftr-471	702	23	remedy	remedy	VERB
ftr-471	702	24	defects	defect	NOUN
ftr-471	702	25	in	in	ADP
ftr-471	702	26	the	the	DET
ftr-471	702	27	existing	exist	VERB
ftr-471	702	28	basis	basis	NOUN
ftr-471	702	29	allocation	allocation	NOUN
ftr-471	702	30	rules	rule	NOUN
ftr-471	702	31	.	.	PUNCT
ftr-471	703	1	more	more	ADV
ftr-471	703	2	specifically	specifically	ADV
ftr-471	703	3	,	,	PUNCT
ftr-471	703	4	andrews	andrews	PROPN
ftr-471	703	5	suggests	suggest	VERB
ftr-471	703	6	mandatory	mandatory	ADJ
ftr-471	703	7	section	section	NOUN
ftr-471	703	8	734(b	734(b	PROPN
ftr-471	703	9	)	)	PUNCT
ftr-471	703	10	basis	basis	NOUN
ftr-471	703	11	adjustments	adjustment	NOUN
ftr-471	703	12	to	to	PART
ftr-471	703	13	eliminate	eliminate	VERB
ftr-471	703	14	loss	loss	NOUN
ftr-471	703	15	duplication	duplication	NOUN
ftr-471	703	16	and	and	CCONJ
ftr-471	703	17	basis	basis	NOUN
ftr-471	703	18	-	-	PUNCT
ftr-471	703	19	stripping	strip	VERB
ftr-471	703	20	transactions	transaction	NOUN
ftr-471	703	21	.	.	PUNCT
ftr-471	704	1	155	155	NUM
ftr-471	704	2	153	153	NUM
ftr-471	704	3	.	.	PUNCT
ftr-471	705	1	for	for	ADP
ftr-471	705	2	example	example	NOUN
ftr-471	705	3	,	,	PUNCT
ftr-471	705	4	assume	assume	VERB
ftr-471	705	5	that	that	SCONJ
ftr-471	705	6	a	a	DET
ftr-471	705	7	distributee	distributee	NOUN
ftr-471	705	8	's	's	PART
ftr-471	705	9	share	share	NOUN
ftr-471	705	10	of	of	ADP
ftr-471	705	11	the	the	DET
ftr-471	705	12	partnership	partnership	NOUN
ftr-471	705	13	's	's	PART
ftr-471	705	14	common	common	ADJ
ftr-471	705	15	basis	basis	NOUN
ftr-471	705	16	is	be	AUX
ftr-471	705	17	reduced	reduce	VERB
ftr-471	705	18	from	from	ADP
ftr-471	705	19	one	one	NUM
ftr-471	705	20	-	-	PUNCT
ftr-471	705	21	third	third	NOUN
ftr-471	705	22	to	to	ADP
ftr-471	705	23	one	one	NUM
ftr-471	705	24	-	-	PUNCT
ftr-471	705	25	ninth	ninth	ADJ
ftr-471	705	26	as	as	ADP
ftr-471	705	27	a	a	DET
ftr-471	705	28	result	result	NOUN
ftr-471	705	29	of	of	ADP
ftr-471	705	30	a	a	DET
ftr-471	705	31	cash	cash	NOUN
ftr-471	705	32	distribution	distribution	NOUN
ftr-471	705	33	,	,	PUNCT
ftr-471	705	34	when	when	SCONJ
ftr-471	705	35	the	the	DET
ftr-471	705	36	partnership	partnership	NOUN
ftr-471	705	37	owns	own	VERB
ftr-471	705	38	a	a	DET
ftr-471	705	39	hot	hot	ADJ
ftr-471	705	40	asset	asset	NOUN
ftr-471	705	41	with	with	ADP
ftr-471	705	42	a	a	DET
ftr-471	705	43	basis	basis	NOUN
ftr-471	705	44	of	of	ADP
ftr-471	705	45	$	$	SYM
ftr-471	705	46	30	30	NUM
ftr-471	705	47	and	and	CCONJ
ftr-471	705	48	a	a	DET
ftr-471	705	49	fair	fair	ADJ
ftr-471	705	50	market	market	NOUN
ftr-471	705	51	value	value	NOUN
ftr-471	705	52	of	of	ADP
ftr-471	705	53	$	$	SYM
ftr-471	705	54	90	90	NUM
ftr-471	705	55	,	,	PUNCT
ftr-471	705	56	the	the	DET
ftr-471	705	57	distributee	distributee	NOUN
ftr-471	705	58	's	's	PART
ftr-471	705	59	one	one	NUM
ftr-471	705	60	-	-	PUNCT
ftr-471	705	61	ninth	ninth	ADJ
ftr-471	705	62	share	share	NOUN
ftr-471	705	63	of	of	ADP
ftr-471	705	64	the	the	DET
ftr-471	705	65	common	common	ADJ
ftr-471	705	66	basis	basis	NOUN
ftr-471	705	67	of	of	ADP
ftr-471	705	68	the	the	DET
ftr-471	705	69	hot	hot	ADJ
ftr-471	705	70	asset	asset	NOUN
ftr-471	705	71	(	(	PUNCT
ftr-471	705	72	$	$	SYM
ftr-471	705	73	3.33	3.33	NUM
ftr-471	705	74	)	)	PUNCT
ftr-471	705	75	plus	plus	CCONJ
ftr-471	705	76	her	her	PRON
ftr-471	705	77	one	one	NUM
ftr-471	705	78	-	-	PUNCT
ftr-471	705	79	third	third	NOUN
ftr-471	705	80	share	share	NOUN
ftr-471	705	81	of	of	ADP
ftr-471	705	82	the	the	DET
ftr-471	705	83	unrealized	unrealized	ADJ
ftr-471	705	84	appreciation	appreciation	NOUN
ftr-471	705	85	(	(	PUNCT
ftr-471	705	86	$	$	SYM
ftr-471	705	87	20	20	NUM
ftr-471	705	88	)	)	PUNCT
ftr-471	705	89	is	be	AUX
ftr-471	705	90	less	less	ADJ
ftr-471	705	91	than	than	ADP
ftr-471	705	92	her	her	PRON
ftr-471	705	93	former	former	ADJ
ftr-471	705	94	one	one	NUM
ftr-471	705	95	-	-	PUNCT
ftr-471	705	96	third	third	NOUN
ftr-471	705	97	share	share	NOUN
ftr-471	705	98	of	of	ADP
ftr-471	705	99	the	the	DET
ftr-471	705	100	asset	asset	NOUN
ftr-471	705	101	's	's	PART
ftr-471	705	102	gross	gross	ADJ
ftr-471	705	103	value	value	NOUN
ftr-471	705	104	(	(	PUNCT
ftr-471	705	105	$	$	SYM
ftr-471	705	106	30	30	NUM
ftr-471	705	107	)	)	PUNCT
ftr-471	705	108	.	.	PUNCT
ftr-471	706	1	see	see	VERB
ftr-471	706	2	supra	supra	PROPN
ftr-471	706	3	notes	note	VERB
ftr-471	706	4	144	144	NUM
ftr-471	706	5	-	-	SYM
ftr-471	706	6	46	46	NUM
ftr-471	706	7	and	and	CCONJ
ftr-471	706	8	accompanying	accompany	VERB
ftr-471	706	9	text	text	NOUN
ftr-471	706	10	.	.	PUNCT
ftr-471	707	1	154	154	NUM
ftr-471	707	2	.	.	PUNCT
ftr-471	708	1	see	see	VERB
ftr-471	708	2	generally	generally	ADV
ftr-471	708	3	andrews	andrews	PROPN
ftr-471	708	4	,	,	PUNCT
ftr-471	708	5	supra	supra	PROPN
ftr-471	708	6	note	note	NOUN
ftr-471	708	7	12	12	NUM
ftr-471	708	8	.	.	NOUN
ftr-471	708	9	155	155	NUM
ftr-471	708	10	.	.	PUNCT
ftr-471	709	1	for	for	ADP
ftr-471	709	2	an	an	DET
ftr-471	709	3	illustration	illustration	NOUN
ftr-471	709	4	of	of	ADP
ftr-471	709	5	these	these	DET
ftr-471	709	6	transactions	transaction	NOUN
ftr-471	709	7	,	,	PUNCT
ftr-471	709	8	see	see	VERB
ftr-471	709	9	louis	louis	PROPN
ftr-471	709	10	s.	s.	PROPN
ftr-471	709	11	freeman	freeman	PROPN
ftr-471	709	12	&	&	CCONJ
ftr-471	709	13	thomas	thomas	PROPN
ftr-471	709	14	m.	m.	PROPN
ftr-471	709	15	stephens	stephens	PROPN
ftr-471	709	16	,	,	PUNCT
ftr-471	709	17	using	use	VERB
ftr-471	709	18	a	a	DET
ftr-471	709	19	partnership	partnership	NOUN
ftr-471	709	20	when	when	SCONJ
ftr-471	709	21	a	a	DET
ftr-471	709	22	corporation	corporation	NOUN
ftr-471	709	23	wo	will	AUX
ftr-471	709	24	n't	not	PART
ftr-471	709	25	do	do	VERB
ftr-471	709	26	:	:	PUNCT
ftr-471	709	27	the	the	DET
ftr-471	709	28	strategic	strategic	ADJ
ftr-471	709	29	use	use	NOUN
ftr-471	709	30	and	and	CCONJ
ftr-471	709	31	effects	effect	NOUN
ftr-471	709	32	of	of	ADP
ftr-471	709	33	partnerships	partnership	NOUN
ftr-471	709	34	to	to	PART
ftr-471	709	35	conduct	conduct	VERB
ftr-471	709	36	joint	joint	ADJ
ftr-471	709	37	ventures	venture	NOUN
ftr-471	709	38	and	and	CCONJ
ftr-471	709	39	other	other	ADJ
ftr-471	709	40	major	major	ADJ
ftr-471	709	41	corporate	corporate	ADJ
ftr-471	709	42	business	business	NOUN
ftr-471	709	43	activities	activity	NOUN
ftr-471	709	44	,	,	PUNCT
ftr-471	709	45	68	68	NUM
ftr-471	709	46	taxes	taxis	NOUN
ftr-471	709	47	962	962	NUM
ftr-471	709	48	,	,	PUNCT
ftr-471	709	49	993	993	NUM
ftr-471	709	50	-	-	SYM
ftr-471	709	51	95	95	NUM
ftr-471	709	52	(	(	PUNCT
ftr-471	709	53	1990	1990	NUM
ftr-471	709	54	)	)	PUNCT
ftr-471	709	55	.	.	PUNCT
ftr-471	710	1	[	[	X
ftr-471	710	2	vol	vol	NOUN
ftr-471	710	3	3:12	3:12	NUM
ftr-471	710	4	partnership	partnership	NOUN
ftr-471	710	5	distributions	distribution	NOUN
ftr-471	710	6	:	:	PUNCT
ftr-471	710	7	options	option	NOUN
ftr-471	710	8	for	for	ADP
ftr-471	710	9	reform	reform	NOUN
ftr-471	710	10	in	in	ADP
ftr-471	710	11	connection	connection	NOUN
ftr-471	710	12	with	with	ADP
ftr-471	710	13	these	these	DET
ftr-471	710	14	proposals	proposal	NOUN
ftr-471	710	15	,	,	PUNCT
ftr-471	710	16	andrews	andrews	PROPN
ftr-471	710	17	also	also	ADV
ftr-471	710	18	suggests	suggest	VERB
ftr-471	710	19	revisions	revision	NOUN
ftr-471	710	20	in	in	ADP
ftr-471	710	21	the	the	DET
ftr-471	710	22	treatment	treatment	NOUN
ftr-471	710	23	of	of	ADP
ftr-471	710	24	hot	hot	ADJ
ftr-471	710	25	asset	asset	NOUN
ftr-471	710	26	distributions	distribution	NOUN
ftr-471	710	27	.	.	PUNCT
ftr-471	711	1	the	the	DET
ftr-471	711	2	andrews	andrews	PROPN
ftr-471	711	3	proposals	proposal	NOUN
ftr-471	711	4	would	would	AUX
ftr-471	711	5	modify	modify	VERB
ftr-471	711	6	the	the	DET
ftr-471	711	7	definition	definition	NOUN
ftr-471	711	8	of	of	ADP
ftr-471	711	9	hot	hot	ADJ
ftr-471	711	10	assets	asset	NOUN
ftr-471	711	11	and	and	CCONJ
ftr-471	711	12	change	change	VERB
ftr-471	711	13	the	the	DET
ftr-471	711	14	basic	basic	ADJ
ftr-471	711	15	statutory	statutory	ADJ
ftr-471	711	16	mechanism	mechanism	NOUN
ftr-471	711	17	of	of	ADP
ftr-471	711	18	section	section	NOUN
ftr-471	711	19	751(b	751(b	PROPN
ftr-471	711	20	)	)	PUNCT
ftr-471	711	21	from	from	ADP
ftr-471	711	22	"	"	PUNCT
ftr-471	711	23	exchange	exchange	NOUN
ftr-471	711	24	"	"	PUNCT
ftr-471	711	25	to	to	ADP
ftr-471	711	26	"	"	PUNCT
ftr-471	711	27	sale	sale	NOUN
ftr-471	711	28	"	"	PUNCT
ftr-471	711	29	treatment	treatment	NOUN
ftr-471	711	30	.	.	PUNCT
ftr-471	711	31	"	"	PUNCT
ftr-471	712	1	6	6	NUM
ftr-471	712	2	hot	hot	ADJ
ftr-471	712	3	asset	asset	NOUN
ftr-471	712	4	exchanges	exchange	NOUN
ftr-471	712	5	would	would	AUX
ftr-471	712	6	trigger	trigger	VERB
ftr-471	712	7	gain	gain	NOUN
ftr-471	712	8	to	to	ADP
ftr-471	712	9	the	the	DET
ftr-471	712	10	extent	extent	NOUN
ftr-471	712	11	that	that	SCONJ
ftr-471	712	12	a	a	DET
ftr-471	712	13	partner	partner	NOUN
ftr-471	712	14	's	's	PART
ftr-471	712	15	share	share	NOUN
ftr-471	712	16	of	of	ADP
ftr-471	712	17	hot	hot	ADJ
ftr-471	712	18	asset	asset	NOUN
ftr-471	712	19	appreciation	appreciation	NOUN
ftr-471	712	20	can	can	AUX
ftr-471	712	21	not	not	PART
ftr-471	712	22	be	be	AUX
ftr-471	712	23	preserved	preserve	VERB
ftr-471	712	24	through	through	ADP
ftr-471	712	25	appropriate	appropriate	ADJ
ftr-471	712	26	basis	basis	NOUN
ftr-471	712	27	adjustments	adjustment	NOUN
ftr-471	712	28	.	.	PUNCT
ftr-471	713	1	to	to	PART
ftr-471	713	2	prevent	prevent	VERB
ftr-471	713	3	shifting	shift	VERB
ftr-471	713	4	of	of	ADP
ftr-471	713	5	basis	basis	NOUN
ftr-471	713	6	from	from	ADP
ftr-471	713	7	nondepreciable	nondepreciable	ADJ
ftr-471	713	8	to	to	ADP
ftr-471	713	9	depreciable	depreciable	ADJ
ftr-471	713	10	property	property	NOUN
ftr-471	713	11	,	,	PUNCT
ftr-471	713	12	these	these	DET
ftr-471	713	13	proposals	proposal	NOUN
ftr-471	713	14	would	would	AUX
ftr-471	713	15	modify	modify	VERB
ftr-471	713	16	the	the	DET
ftr-471	713	17	method	method	NOUN
ftr-471	713	18	of	of	ADP
ftr-471	713	19	allocating	allocate	VERB
ftr-471	713	20	basis	basis	NOUN
ftr-471	713	21	adjustments	adjustment	NOUN
ftr-471	713	22	under	under	ADP
ftr-471	713	23	section	section	NOUN
ftr-471	713	24	755	755	NUM
ftr-471	713	25	.	.	PUNCT
ftr-471	714	1	in	in	ADP
ftr-471	714	2	addition	addition	NOUN
ftr-471	714	3	,	,	PUNCT
ftr-471	714	4	the	the	DET
ftr-471	714	5	categories	category	NOUN
ftr-471	714	6	of	of	ADP
ftr-471	714	7	section	section	NOUN
ftr-471	714	8	751(b	751(b	PROPN
ftr-471	714	9	)	)	PUNCT
ftr-471	714	10	assets	asset	NOUN
ftr-471	714	11	would	would	AUX
ftr-471	714	12	be	be	AUX
ftr-471	714	13	expanded	expand	VERB
ftr-471	714	14	to	to	PART
ftr-471	714	15	include	include	VERB
ftr-471	714	16	a	a	DET
ftr-471	714	17	separate	separate	ADJ
ftr-471	714	18	class	class	NOUN
ftr-471	714	19	of	of	ADP
ftr-471	714	20	"	"	PUNCT
ftr-471	714	21	tepid	tepid	ADJ
ftr-471	714	22	"	"	PUNCT
ftr-471	714	23	assets	asset	NOUN
ftr-471	714	24	.	.	PUNCT
ftr-471	715	1	157	157	NUM
ftr-471	715	2	the	the	DET
ftr-471	715	3	andrews	andrews	PROPN
ftr-471	715	4	proposals	proposal	NOUN
ftr-471	715	5	would	would	AUX
ftr-471	715	6	eliminate	eliminate	VERB
ftr-471	715	7	the	the	DET
ftr-471	715	8	substantial	substantial	ADJ
ftr-471	715	9	appreciation	appreciation	NOUN
ftr-471	715	10	test	test	NOUN
ftr-471	715	11	and	and	CCONJ
ftr-471	715	12	would	would	AUX
ftr-471	715	13	apply	apply	VERB
ftr-471	715	14	a	a	DET
ftr-471	715	15	full	full	ADJ
ftr-471	715	16	look	look	NOUN
ftr-471	715	17	-	-	PUNCT
ftr-471	715	18	through	through	ADP
ftr-471	715	19	approach	approach	NOUN
ftr-471	715	20	in	in	ADP
ftr-471	715	21	determining	determine	VERB
ftr-471	715	22	a	a	DET
ftr-471	715	23	partner	partner	NOUN
ftr-471	715	24	's	's	PART
ftr-471	715	25	share	share	NOUN
ftr-471	715	26	of	of	ADP
ftr-471	715	27	hot	hot	ADJ
ftr-471	715	28	assets.158	assets.158	NOUN
ftr-471	715	29	to	to	PART
ftr-471	715	30	ensure	ensure	VERB
ftr-471	715	31	that	that	SCONJ
ftr-471	715	32	section	section	NOUN
ftr-471	715	33	751(b	751(b	PROPN
ftr-471	715	34	)	)	PUNCT
ftr-471	715	35	achieves	achieve	VERB
ftr-471	715	36	its	its	PRON
ftr-471	715	37	intended	intended	ADJ
ftr-471	715	38	purpose	purpose	NOUN
ftr-471	715	39	,	,	PUNCT
ftr-471	715	40	these	these	DET
ftr-471	715	41	proposals	proposal	NOUN
ftr-471	715	42	would	would	AUX
ftr-471	715	43	focus	focus	VERB
ftr-471	715	44	on	on	ADP
ftr-471	715	45	shifts	shift	NOUN
ftr-471	715	46	in	in	ADP
ftr-471	715	47	a	a	DET
ftr-471	715	48	partner	partner	NOUN
ftr-471	715	49	's	's	PART
ftr-471	715	50	proportionate	proportionate	ADJ
ftr-471	715	51	share	share	NOUN
ftr-471	715	52	of	of	ADP
ftr-471	715	53	hot	hot	ADJ
ftr-471	715	54	asset	asset	NOUN
ftr-471	715	55	appreciation	appreciation	NOUN
ftr-471	715	56	rather	rather	ADV
ftr-471	715	57	than	than	ADP
ftr-471	715	58	the	the	DET
ftr-471	715	59	gross	gross	ADJ
ftr-471	715	60	value	value	NOUN
ftr-471	715	61	of	of	ADP
ftr-471	715	62	hot	hot	ADJ
ftr-471	715	63	assets	asset	NOUN
ftr-471	715	64	.	.	PUNCT
ftr-471	716	1	"	"	PUNCT
ftr-471	716	2	'	'	PUNCT
ftr-471	716	3	furthermore	furthermore	ADV
ftr-471	716	4	,	,	PUNCT
ftr-471	716	5	by	by	ADP
ftr-471	716	6	treating	treat	VERB
ftr-471	716	7	a	a	DET
ftr-471	716	8	disproportionate	disproportionate	ADJ
ftr-471	716	9	distribution	distribution	NOUN
ftr-471	716	10	as	as	ADP
ftr-471	716	11	a	a	DET
ftr-471	716	12	simple	simple	ADJ
ftr-471	716	13	"	"	PUNCT
ftr-471	716	14	sale	sale	NOUN
ftr-471	716	15	"	"	PUNCT
ftr-471	716	16	rather	rather	ADV
ftr-471	716	17	than	than	ADP
ftr-471	716	18	an	an	DET
ftr-471	716	19	"	"	PUNCT
ftr-471	716	20	exchange	exchange	NOUN
ftr-471	716	21	,	,	PUNCT
ftr-471	716	22	"	"	PUNCT
ftr-471	716	23	'	'	PUNCT
ftr-471	716	24	6	6	NUM
ftr-471	716	25	the	the	DET
ftr-471	716	26	andrews	andrews	PROPN
ftr-471	716	27	proposals	proposal	NOUN
ftr-471	716	28	would	would	AUX
ftr-471	716	29	eliminate	eliminate	VERB
ftr-471	716	30	unnecessary	unnecessary	ADJ
ftr-471	716	31	recognition	recognition	NOUN
ftr-471	716	32	of	of	ADP
ftr-471	716	33	gain	gain	NOUN
ftr-471	716	34	when	when	SCONJ
ftr-471	716	35	a	a	DET
ftr-471	716	36	partner	partner	NOUN
ftr-471	716	37	's	's	PART
ftr-471	716	38	interest	interest	NOUN
ftr-471	716	39	in	in	ADP
ftr-471	716	40	cold	cold	ADJ
ftr-471	716	41	assets	asset	NOUN
ftr-471	716	42	(	(	PUNCT
ftr-471	716	43	rather	rather	ADV
ftr-471	716	44	than	than	ADP
ftr-471	716	45	hot	hot	ADJ
ftr-471	716	46	assets	asset	NOUN
ftr-471	716	47	)	)	PUNCT
ftr-471	716	48	decreases	decrease	NOUN
ftr-471	716	49	,	,	PUNCT
ftr-471	716	50	thereby	thereby	ADV
ftr-471	716	51	simplifying	simplify	VERB
ftr-471	716	52	the	the	DET
ftr-471	716	53	operation	operation	NOUN
ftr-471	716	54	of	of	ADP
ftr-471	716	55	section	section	NOUN
ftr-471	716	56	751(b	751(b	PROPN
ftr-471	716	57	)	)	PUNCT
ftr-471	716	58	.	.	PUNCT
ftr-471	717	1	a	a	DET
ftr-471	717	2	partner	partner	NOUN
ftr-471	717	3	would	would	AUX
ftr-471	717	4	recognize	recognize	VERB
ftr-471	717	5	gain	gain	NOUN
ftr-471	717	6	only	only	ADV
ftr-471	717	7	to	to	ADP
ftr-471	717	8	the	the	DET
ftr-471	717	9	extent	extent	NOUN
ftr-471	717	10	that	that	SCONJ
ftr-471	717	11	the	the	DET
ftr-471	717	12	net	net	ADJ
ftr-471	717	13	decrease	decrease	NOUN
ftr-471	717	14	in	in	ADP
ftr-471	717	15	her	her	PRON
ftr-471	717	16	share	share	NOUN
ftr-471	717	17	of	of	ADP
ftr-471	717	18	appreciation	appreciation	NOUN
ftr-471	717	19	in	in	ADP
ftr-471	717	20	hot	hot	ADJ
ftr-471	717	21	(	(	PUNCT
ftr-471	717	22	or	or	CCONJ
ftr-471	717	23	tepid	tepid	ADJ
ftr-471	717	24	)	)	PUNCT
ftr-471	717	25	assets	asset	NOUN
ftr-471	717	26	can	can	AUX
ftr-471	717	27	not	not	PART
ftr-471	717	28	be	be	AUX
ftr-471	717	29	preserved	preserve	VERB
ftr-471	717	30	through	through	ADP
ftr-471	717	31	basis	basis	NOUN
ftr-471	717	32	adjustments	adjustment	NOUN
ftr-471	717	33	.	.	PUNCT
ftr-471	718	1	the	the	DET
ftr-471	718	2	transaction	transaction	NOUN
ftr-471	718	3	would	would	AUX
ftr-471	718	4	be	be	AUX
ftr-471	718	5	treated	treat	VERB
ftr-471	718	6	essentially	essentially	ADV
ftr-471	718	7	as	as	ADP
ftr-471	718	8	a	a	DET
ftr-471	718	9	sale	sale	NOUN
ftr-471	718	10	of	of	ADP
ftr-471	718	11	the	the	DET
ftr-471	718	12	partner	partner	NOUN
ftr-471	718	13	's	's	PART
ftr-471	718	14	relinquished	relinquished	ADJ
ftr-471	718	15	share	share	NOUN
ftr-471	718	16	of	of	ADP
ftr-471	718	17	hot	hot	ADJ
ftr-471	718	18	(	(	PUNCT
ftr-471	718	19	or	or	CCONJ
ftr-471	718	20	tepid	tepid	ADJ
ftr-471	718	21	)	)	PUNCT
ftr-471	718	22	asset	asset	NOUN
ftr-471	718	23	appreciation	appreciation	NOUN
ftr-471	718	24	for	for	ADP
ftr-471	718	25	cash	cash	NOUN
ftr-471	718	26	,	,	PUNCT
ftr-471	718	27	followed	follow	VERB
ftr-471	718	28	by	by	ADP
ftr-471	718	29	a	a	DET
ftr-471	718	30	contribution	contribution	NOUN
ftr-471	718	31	of	of	ADP
ftr-471	718	32	the	the	DET
ftr-471	718	33	cash	cash	NOUN
ftr-471	718	34	consideration	consideration	NOUN
ftr-471	718	35	to	to	ADP
ftr-471	718	36	the	the	DET
ftr-471	718	37	partnership	partnership	NOUN
ftr-471	718	38	.	.	PUNCT
ftr-471	718	39	'	'	PUNCT
ftr-471	719	1	6	6	NUM
ftr-471	719	2	'	'	NUM
ftr-471	719	3	the	the	DET
ftr-471	719	4	"	"	PUNCT
ftr-471	719	5	selling	selling	NOUN
ftr-471	719	6	"	"	PUNCT
ftr-471	719	7	partner	partner	NOUN
ftr-471	719	8	would	would	AUX
ftr-471	719	9	increase	increase	VERB
ftr-471	719	10	her	she	PRON
ftr-471	719	11	outside	outside	ADJ
ftr-471	719	12	basis	basis	NOUN
ftr-471	719	13	and	and	CCONJ
ftr-471	719	14	tax	tax	NOUN
ftr-471	719	15	capital	capital	NOUN
ftr-471	719	16	account	account	NOUN
ftr-471	719	17	by	by	ADP
ftr-471	719	18	the	the	DET
ftr-471	719	19	amount	amount	NOUN
ftr-471	719	20	of	of	ADP
ftr-471	719	21	gain	gain	NOUN
ftr-471	719	22	recognized	recognize	VERB
ftr-471	719	23	,	,	PUNCT
ftr-471	719	24	and	and	CCONJ
ftr-471	719	25	the	the	DET
ftr-471	719	26	partnership	partnership	NOUN
ftr-471	719	27	would	would	AUX
ftr-471	719	28	receive	receive	VERB
ftr-471	719	29	a	a	DET
ftr-471	719	30	corresponding	corresponding	ADJ
ftr-471	719	31	increase	increase	NOUN
ftr-471	719	32	in	in	ADP
ftr-471	719	33	its	its	PRON
ftr-471	719	34	basis	basis	NOUN
ftr-471	719	35	in	in	ADP
ftr-471	719	36	hot	hot	ADJ
ftr-471	719	37	(	(	PUNCT
ftr-471	719	38	or	or	CCONJ
ftr-471	719	39	tepid	tepid	ADJ
ftr-471	719	40	)	)	PUNCT
ftr-471	719	41	assets	asset	NOUN
ftr-471	719	42	.	.	PUNCT
ftr-471	720	1	the	the	DET
ftr-471	720	2	andrews	andrews	PROPN
ftr-471	720	3	proposals	proposal	NOUN
ftr-471	720	4	would	would	AUX
ftr-471	720	5	maximize	maximize	VERB
ftr-471	720	6	nonrecognition	nonrecognition	NOUN
ftr-471	720	7	by	by	ADP
ftr-471	720	8	adjusting	adjust	VERB
ftr-471	720	9	the	the	DET
ftr-471	720	10	basis	basis	NOUN
ftr-471	720	11	of	of	ADP
ftr-471	720	12	distributed	distribute	VERB
ftr-471	720	13	property	property	NOUN
ftr-471	720	14	and	and	CCONJ
ftr-471	720	15	the	the	DET
ftr-471	720	16	partnership	partnership	NOUN
ftr-471	720	17	's	's	PART
ftr-471	720	18	inside	inside	ADJ
ftr-471	720	19	basis	basis	NOUN
ftr-471	720	20	to	to	PART
ftr-471	720	21	preserve	preserve	VERB
ftr-471	720	22	shares	share	NOUN
ftr-471	720	23	of	of	ADP
ftr-471	720	24	unrealized	unrealized	ADJ
ftr-471	720	25	gain	gain	NOUN
ftr-471	720	26	(	(	PUNCT
ftr-471	720	27	or	or	CCONJ
ftr-471	720	28	loss	loss	NOUN
ftr-471	720	29	)	)	PUNCT
ftr-471	720	30	of	of	ADP
ftr-471	720	31	the	the	DET
ftr-471	720	32	appropriate	appropriate	ADJ
ftr-471	720	33	character	character	NOUN
ftr-471	720	34	.	.	PUNCT
ftr-471	721	1	section	section	NOUN
ftr-471	721	2	751	751	NUM
ftr-471	721	3	(	(	PUNCT
ftr-471	721	4	b	b	NOUN
ftr-471	721	5	)	)	PUNCT
ftr-471	721	6	would	would	AUX
ftr-471	721	7	be	be	AUX
ftr-471	721	8	modified	modify	VERB
ftr-471	721	9	to	to	PART
ftr-471	721	10	require	require	VERB
ftr-471	721	11	each	each	DET
ftr-471	721	12	partner	partner	NOUN
ftr-471	721	13	and	and	CCONJ
ftr-471	721	14	the	the	DET
ftr-471	721	15	continuing	continue	VERB
ftr-471	721	16	partnership	partnership	NOUN
ftr-471	721	17	to	to	PART
ftr-471	721	18	make	make	VERB
ftr-471	721	19	such	such	ADJ
ftr-471	721	20	basis	basis	NOUN
ftr-471	721	21	adjustments	adjustment	NOUN
ftr-471	721	22	following	follow	VERB
ftr-471	721	23	a	a	DET
ftr-471	721	24	distribution	distribution	NOUN
ftr-471	721	25	as	as	SCONJ
ftr-471	721	26	needed	need	VERB
ftr-471	721	27	to	to	PART
ftr-471	721	28	preserve	preserve	VERB
ftr-471	721	29	their	their	PRON
ftr-471	721	30	respective	respective	ADJ
ftr-471	721	31	pre	pre	ADJ
ftr-471	721	32	-	-	ADJ
ftr-471	721	33	distribution	distribution	ADJ
ftr-471	721	34	shares	share	NOUN
ftr-471	721	35	of	of	ADP
ftr-471	721	36	unrealized	unrealized	ADJ
ftr-471	721	37	gain	gain	NOUN
ftr-471	721	38	(	(	PUNCT
ftr-471	721	39	or	or	CCONJ
ftr-471	721	40	loss	loss	NOUN
ftr-471	721	41	)	)	PUNCT
ftr-471	721	42	in	in	ADP
ftr-471	721	43	the	the	DET
ftr-471	721	44	156	156	NUM
ftr-471	721	45	.	.	PUNCT
ftr-471	722	1	see	see	PROPN
ftr-471	722	2	andrews	andrews	PROPN
ftr-471	722	3	,	,	PUNCT
ftr-471	722	4	supra	supra	PROPN
ftr-471	722	5	note	note	NOUN
ftr-471	722	6	12	12	NUM
ftr-471	722	7	.	.	PUNCT
ftr-471	723	1	at	at	ADP
ftr-471	723	2	52	52	NUM
ftr-471	723	3	.	.	PUNCT
ftr-471	724	1	157	157	NUM
ftr-471	724	2	.	.	PUNCT
ftr-471	725	1	see	see	VERB
ftr-471	725	2	i	i	PRON
ftr-471	725	3	d.	d.	PROPN
ftr-471	725	4	at	at	ADP
ftr-471	725	5	53	53	NUM
ftr-471	725	6	-	-	SYM
ftr-471	725	7	54	54	NUM
ftr-471	725	8	.	.	PUNCT
ftr-471	726	1	tepid	tepid	ADJ
ftr-471	726	2	assets	asset	NOUN
ftr-471	726	3	would	would	AUX
ftr-471	726	4	consist	consist	VERB
ftr-471	726	5	essentially	essentially	ADV
ftr-471	726	6	of	of	ADP
ftr-471	726	7	§	§	PROPN
ftr-471	726	8	1250	1250	NUM
ftr-471	726	9	real	real	ADJ
ftr-471	726	10	property	property	NOUN
ftr-471	726	11	.	.	PUNCT
ftr-471	727	1	see	see	VERB
ftr-471	727	2	infra	infra	NOUN
ftr-471	727	3	notes	note	VERB
ftr-471	727	4	178	178	NUM
ftr-471	727	5	-	-	SYM
ftr-471	727	6	180	180	NUM
ftr-471	727	7	and	and	CCONJ
ftr-471	727	8	accompanying	accompany	VERB
ftr-471	727	9	text	text	NOUN
ftr-471	727	10	.	.	PUNCT
ftr-471	728	1	158	158	X
ftr-471	728	2	.	.	PUNCT
ftr-471	729	1	see	see	PROPN
ftr-471	729	2	andrews	andrews	PROPN
ftr-471	729	3	,	,	PUNCT
ftr-471	729	4	supra	supra	PROPN
ftr-471	729	5	note	note	PROPN
ftr-471	729	6	12	12	NUM
ftr-471	729	7	,	,	PUNCT
ftr-471	729	8	at	at	ADP
ftr-471	729	9	52	52	NUM
ftr-471	729	10	.	.	PUNCT
ftr-471	729	11	159	159	NUM
ftr-471	729	12	.	.	PUNCT
ftr-471	730	1	see	see	VERB
ftr-471	730	2	i	i	PRON
ftr-471	730	3	d.	d.	PROPN
ftr-471	730	4	at	at	ADP
ftr-471	730	5	48	48	NUM
ftr-471	730	6	.	.	PUNCT
ftr-471	731	1	160	160	NUM
ftr-471	731	2	.	.	PUNCT
ftr-471	732	1	see	see	VERB
ftr-471	732	2	i	i	PRON
ftr-471	732	3	d.	d.	PROPN
ftr-471	732	4	at	at	ADP
ftr-471	732	5	46	46	NUM
ftr-471	732	6	(	(	PUNCT
ftr-471	732	7	"	"	PUNCT
ftr-471	732	8	as	as	ADP
ftr-471	732	9	a	a	DET
ftr-471	732	10	conceptual	conceptual	ADJ
ftr-471	732	11	matter	matter	NOUN
ftr-471	732	12	,	,	PUNCT
ftr-471	732	13	there	there	PRON
ftr-471	732	14	is	be	VERB
ftr-471	732	15	no	no	DET
ftr-471	732	16	reason	reason	NOUN
ftr-471	732	17	to	to	PART
ftr-471	732	18	insist	insist	VERB
ftr-471	732	19	on	on	ADP
ftr-471	732	20	the	the	DET
ftr-471	732	21	exchange	exchange	NOUN
ftr-471	732	22	model	model	NOUN
ftr-471	732	23	.	.	PUNCT
ftr-471	732	24	"	"	PUNCT
ftr-471	732	25	)	)	PUNCT
ftr-471	732	26	.	.	PUNCT
ftr-471	733	1	161	161	NUM
ftr-471	733	2	.	.	PUNCT
ftr-471	734	1	see	see	VERB
ftr-471	734	2	i	i	PRON
ftr-471	734	3	d.	d.	PROPN
ftr-471	734	4	at	at	ADP
ftr-471	734	5	46	46	NUM
ftr-471	734	6	n.159	n.159	NOUN
ftr-471	734	7	;	;	PUNCT
ftr-471	734	8	cunningham	cunningham	PROPN
ftr-471	734	9	,	,	PUNCT
ftr-471	734	10	supra	supra	PROPN
ftr-471	734	11	note	note	NOUN
ftr-471	734	12	12	12	NUM
ftr-471	734	13	,	,	PUNCT
ftr-471	734	14	at	at	ADP
ftr-471	734	15	92	92	NUM
ftr-471	734	16	n.66	n.66	NOUN
ftr-471	734	17	.	.	PROPN
ftr-471	734	18	1998	1998	NUM
ftr-471	734	19	]	]	PUNCT
ftr-471	735	1	florida	florida	PROPN
ftr-471	735	2	tax	tax	PROPN
ftr-471	735	3	review	review	PROPN
ftr-471	735	4	partnership	partnership	NOUN
ftr-471	735	5	's	's	PART
ftr-471	735	6	hot	hot	ADJ
ftr-471	735	7	assets	asset	NOUN
ftr-471	735	8	and	and	CCONJ
ftr-471	735	9	other	other	ADJ
ftr-471	735	10	property	property	NOUN
ftr-471	735	11	.	.	PUNCT
ftr-471	736	1	62	62	NUM
ftr-471	736	2	basis	basis	NOUN
ftr-471	736	3	reallocation	reallocation	NOUN
ftr-471	736	4	represents	represent	VERB
ftr-471	736	5	the	the	DET
ftr-471	736	6	key	key	NOUN
ftr-471	736	7	to	to	ADP
ftr-471	736	8	preserving	preserve	VERB
ftr-471	736	9	shares	share	NOUN
ftr-471	736	10	of	of	ADP
ftr-471	736	11	unrealized	unrealized	ADJ
ftr-471	736	12	gain	gain	NOUN
ftr-471	736	13	.	.	PUNCT
ftr-471	737	1	following	follow	VERB
ftr-471	737	2	a	a	DET
ftr-471	737	3	distribution	distribution	NOUN
ftr-471	737	4	,	,	PUNCT
ftr-471	737	5	each	each	DET
ftr-471	737	6	partner	partner	NOUN
ftr-471	737	7	's	's	PART
ftr-471	737	8	basis	basis	NOUN
ftr-471	737	9	in	in	ADP
ftr-471	737	10	hot	hot	ADJ
ftr-471	737	11	assets	asset	NOUN
ftr-471	737	12	would	would	AUX
ftr-471	737	13	be	be	AUX
ftr-471	737	14	set	set	VERB
ftr-471	737	15	equal	equal	ADJ
ftr-471	737	16	to	to	ADP
ftr-471	737	17	the	the	DET
ftr-471	737	18	fair	fair	ADJ
ftr-471	737	19	market	market	NOUN
ftr-471	737	20	value	value	NOUN
ftr-471	737	21	of	of	ADP
ftr-471	737	22	her	her	PRON
ftr-471	737	23	share	share	NOUN
ftr-471	737	24	of	of	ADP
ftr-471	737	25	the	the	DET
ftr-471	737	26	distributed	distribute	VERB
ftr-471	737	27	(	(	PUNCT
ftr-471	737	28	or	or	CCONJ
ftr-471	737	29	retained	retain	VERB
ftr-471	737	30	)	)	PUNCT
ftr-471	737	31	hot	hot	ADJ
ftr-471	737	32	assets	asset	NOUN
ftr-471	737	33	less	less	ADV
ftr-471	737	34	her	her	PRON
ftr-471	737	35	pre	pre	ADJ
ftr-471	737	36	-	-	ADJ
ftr-471	737	37	distribution	distribution	ADJ
ftr-471	737	38	share	share	NOUN
ftr-471	737	39	of	of	ADP
ftr-471	737	40	hot	hot	ADJ
ftr-471	737	41	asset	asset	NOUN
ftr-471	737	42	appreciation	appreciation	NOUN
ftr-471	737	43	(	(	PUNCT
ftr-471	737	44	but	but	CCONJ
ftr-471	737	45	not	not	PART
ftr-471	737	46	less	less	ADJ
ftr-471	737	47	than	than	ADP
ftr-471	737	48	zero	zero	NUM
ftr-471	737	49	)	)	PUNCT
ftr-471	737	50	.	.	PUNCT
ftr-471	738	1	63	63	NUM
ftr-471	738	2	gain	gain	NOUN
ftr-471	738	3	would	would	AUX
ftr-471	738	4	be	be	AUX
ftr-471	738	5	recognized	recognize	VERB
ftr-471	738	6	only	only	ADV
ftr-471	738	7	to	to	ADP
ftr-471	738	8	the	the	DET
ftr-471	738	9	extent	extent	NOUN
ftr-471	738	10	that	that	SCONJ
ftr-471	738	11	the	the	DET
ftr-471	738	12	fair	fair	ADJ
ftr-471	738	13	market	market	NOUN
ftr-471	738	14	value	value	NOUN
ftr-471	738	15	of	of	ADP
ftr-471	738	16	the	the	DET
ftr-471	738	17	partner	partner	NOUN
ftr-471	738	18	's	's	PART
ftr-471	738	19	postdistribution	postdistribution	NOUN
ftr-471	738	20	share	share	NOUN
ftr-471	738	21	of	of	ADP
ftr-471	738	22	hot	hot	ADJ
ftr-471	738	23	assets	asset	NOUN
ftr-471	738	24	is	be	AUX
ftr-471	738	25	insufficient	insufficient	ADJ
ftr-471	738	26	to	to	PART
ftr-471	738	27	absorb	absorb	VERB
ftr-471	738	28	the	the	DET
ftr-471	738	29	required	required	ADJ
ftr-471	738	30	basis	basis	NOUN
ftr-471	738	31	adjustments	adjustment	NOUN
ftr-471	738	32	.	.	PUNCT
ftr-471	739	1	"6	"6	VERB
ftr-471	739	2	under	under	ADP
ftr-471	739	3	the	the	DET
ftr-471	739	4	andrews	andrews	PROPN
ftr-471	739	5	proposals	proposal	NOUN
ftr-471	739	6	,	,	PUNCT
ftr-471	739	7	carryover	carryover	NOUN
ftr-471	739	8	of	of	ADP
ftr-471	739	9	basis	basis	NOUN
ftr-471	739	10	adjustments	adjustment	NOUN
ftr-471	739	11	would	would	AUX
ftr-471	739	12	no	no	ADV
ftr-471	739	13	longer	long	ADV
ftr-471	739	14	be	be	AUX
ftr-471	739	15	permitted	permit	VERB
ftr-471	739	16	.	.	PUNCT
ftr-471	740	1	65	65	NUM
ftr-471	740	2	basis	basis	NOUN
ftr-471	740	3	adjustments	adjustment	NOUN
ftr-471	740	4	that	that	PRON
ftr-471	740	5	can	can	AUX
ftr-471	740	6	not	not	PART
ftr-471	740	7	be	be	AUX
ftr-471	740	8	implemented	implement	VERB
ftr-471	740	9	currently	currently	ADV
ftr-471	740	10	(	(	PUNCT
ftr-471	740	11	"	"	PUNCT
ftr-471	740	12	prevented	prevent	VERB
ftr-471	740	13	adjustments	adjustment	NOUN
ftr-471	740	14	"	"	PUNCT
ftr-471	740	15	)	)	PUNCT
ftr-471	740	16	would	would	AUX
ftr-471	740	17	result	result	VERB
ftr-471	740	18	in	in	ADP
ftr-471	740	19	recognition	recognition	NOUN
ftr-471	740	20	of	of	ADP
ftr-471	740	21	gain	gain	NOUN
ftr-471	740	22	(	(	PUNCT
ftr-471	740	23	in	in	ADP
ftr-471	740	24	the	the	DET
ftr-471	740	25	case	case	NOUN
ftr-471	740	26	of	of	ADP
ftr-471	740	27	a	a	DET
ftr-471	740	28	negative	negative	ADJ
ftr-471	740	29	adjustment	adjustment	NOUN
ftr-471	740	30	)	)	PUNCT
ftr-471	740	31	or	or	CCONJ
ftr-471	740	32	loss	loss	NOUN
ftr-471	740	33	(	(	PUNCT
ftr-471	740	34	in	in	ADP
ftr-471	740	35	the	the	DET
ftr-471	740	36	case	case	NOUN
ftr-471	740	37	of	of	ADP
ftr-471	740	38	a	a	DET
ftr-471	740	39	positive	positive	ADJ
ftr-471	740	40	adjustment	adjustment	NOUN
ftr-471	740	41	)	)	PUNCT
ftr-471	740	42	.	.	PUNCT
ftr-471	741	1	66	66	NUM
ftr-471	741	2	an	an	DET
ftr-471	741	3	election	election	NOUN
ftr-471	741	4	would	would	AUX
ftr-471	741	5	be	be	AUX
ftr-471	741	6	allowed	allow	VERB
ftr-471	741	7	,	,	PUNCT
ftr-471	741	8	however	however	ADV
ftr-471	741	9	,	,	PUNCT
ftr-471	741	10	to	to	PART
ftr-471	741	11	reduce	reduce	VERB
ftr-471	741	12	the	the	DET
ftr-471	741	13	basis	basis	NOUN
ftr-471	741	14	of	of	ADP
ftr-471	741	15	"	"	PUNCT
ftr-471	741	16	hotter	hot	ADJ
ftr-471	741	17	"	"	PUNCT
ftr-471	741	18	property	property	NOUN
ftr-471	741	19	to	to	PART
ftr-471	741	20	defer	defer	VERB
ftr-471	741	21	recognition	recognition	NOUN
ftr-471	741	22	of	of	ADP
ftr-471	741	23	gain	gain	NOUN
ftr-471	741	24	(	(	PUNCT
ftr-471	741	25	or	or	CCONJ
ftr-471	741	26	increase	increase	VERB
ftr-471	741	27	the	the	DET
ftr-471	741	28	basis	basis	NOUN
ftr-471	741	29	of	of	ADP
ftr-471	741	30	"	"	PUNCT
ftr-471	741	31	cooler	cooler	ADJ
ftr-471	741	32	"	"	PUNCT
ftr-471	741	33	property	property	NOUN
ftr-471	741	34	to	to	PART
ftr-471	741	35	defer	defer	VERB
ftr-471	741	36	recognition	recognition	NOUN
ftr-471	741	37	of	of	ADP
ftr-471	741	38	loss).167	loss).167	ADJ
ftr-471	741	39	any	any	DET
ftr-471	741	40	basis	basis	NOUN
ftr-471	741	41	adjustments	adjustment	NOUN
ftr-471	741	42	would	would	AUX
ftr-471	741	43	be	be	AUX
ftr-471	741	44	allocated	allocate	VERB
ftr-471	741	45	in	in	ADP
ftr-471	741	46	the	the	DET
ftr-471	741	47	manner	manner	NOUN
ftr-471	741	48	prescribed	prescribe	VERB
ftr-471	741	49	by	by	ADP
ftr-471	741	50	section	section	NOUN
ftr-471	741	51	755	755	NUM
ftr-471	741	52	,	,	PUNCT
ftr-471	741	53	which	which	PRON
ftr-471	741	54	would	would	AUX
ftr-471	741	55	be	be	AUX
ftr-471	741	56	revised	revise	VERB
ftr-471	741	57	to	to	PART
ftr-471	741	58	parallel	parallel	VERB
ftr-471	741	59	more	more	ADV
ftr-471	741	60	closely	closely	ADV
ftr-471	741	61	other	other	ADJ
ftr-471	741	62	statutory	statutory	ADJ
ftr-471	741	63	nonrecognition	nonrecognition	NOUN
ftr-471	741	64	provisions	provision	NOUN
ftr-471	741	65	.	.	PUNCT
ftr-471	742	1	'68	'68	NUM
ftr-471	742	2	consistent	consistent	ADJ
ftr-471	742	3	with	with	ADP
ftr-471	742	4	current	current	ADJ
ftr-471	742	5	law	law	NOUN
ftr-471	742	6	,	,	PUNCT
ftr-471	742	7	revised	revise	VERB
ftr-471	742	8	section	section	NOUN
ftr-471	742	9	755	755	NUM
ftr-471	742	10	would	would	AUX
ftr-471	742	11	allocate	allocate	VERB
ftr-471	742	12	basis	basis	NOUN
ftr-471	742	13	adjustments	adjustment	NOUN
ftr-471	742	14	initially	initially	ADV
ftr-471	742	15	among	among	ADP
ftr-471	742	16	property	property	NOUN
ftr-471	742	17	within	within	ADP
ftr-471	742	18	particular	particular	ADJ
ftr-471	742	19	classes	class	NOUN
ftr-471	742	20	so	so	SCONJ
ftr-471	742	21	as	as	SCONJ
ftr-471	742	22	to	to	PART
ftr-471	742	23	eliminate	eliminate	VERB
ftr-471	742	24	disparities	disparity	NOUN
ftr-471	742	25	between	between	ADP
ftr-471	742	26	basis	basis	NOUN
ftr-471	742	27	and	and	CCONJ
ftr-471	742	28	fair	fair	ADJ
ftr-471	742	29	market	market	NOUN
ftr-471	742	30	value	value	NOUN
ftr-471	742	31	.	.	PUNCT
ftr-471	743	1	16	16	NUM
ftr-471	743	2	9	9	NUM
ftr-471	743	3	any	any	DET
ftr-471	743	4	remaining	remain	VERB
ftr-471	743	5	basis	basis	NOUN
ftr-471	743	6	adjustments	adjustment	NOUN
ftr-471	743	7	would	would	AUX
ftr-471	743	8	be	be	AUX
ftr-471	743	9	allocated	allocate	VERB
ftr-471	743	10	in	in	ADP
ftr-471	743	11	proportion	proportion	NOUN
ftr-471	743	12	to	to	ADP
ftr-471	743	13	the	the	DET
ftr-471	743	14	respective	respective	ADJ
ftr-471	743	15	fair	fair	ADJ
ftr-471	743	16	162	162	NUM
ftr-471	743	17	.	.	PUNCT
ftr-471	744	1	see	see	PROPN
ftr-471	744	2	andrews	andrews	PROPN
ftr-471	744	3	,	,	PUNCT
ftr-471	744	4	supra	supra	PROPN
ftr-471	744	5	note	note	PROPN
ftr-471	744	6	12	12	NUM
ftr-471	744	7	,	,	PUNCT
ftr-471	744	8	at	at	ADP
ftr-471	744	9	53	53	NUM
ftr-471	744	10	,	,	PUNCT
ftr-471	744	11	55	55	NUM
ftr-471	744	12	.	.	NOUN
ftr-471	744	13	163	163	NUM
ftr-471	744	14	.	.	PUNCT
ftr-471	745	1	see	see	VERB
ftr-471	745	2	i	i	PRON
ftr-471	745	3	d.	d.	PROPN
ftr-471	745	4	at	at	ADP
ftr-471	745	5	53	53	NUM
ftr-471	745	6	.	.	PUNCT
ftr-471	746	1	if	if	SCONJ
ftr-471	746	2	§	§	PROPN
ftr-471	746	3	751(b	751(b	PROPN
ftr-471	746	4	)	)	PUNCT
ftr-471	746	5	were	be	AUX
ftr-471	746	6	eliminated	eliminate	VERB
ftr-471	746	7	as	as	ADP
ftr-471	746	8	a	a	DET
ftr-471	746	9	separate	separate	ADJ
ftr-471	746	10	provision	provision	NOUN
ftr-471	746	11	,	,	PUNCT
ftr-471	746	12	the	the	DET
ftr-471	746	13	rules	rule	NOUN
ftr-471	746	14	of	of	ADP
ftr-471	746	15	§	§	PROPN
ftr-471	746	16	§	§	PROPN
ftr-471	746	17	731	731	NUM
ftr-471	746	18	and	and	CCONJ
ftr-471	746	19	732	732	NUM
ftr-471	746	20	could	could	AUX
ftr-471	746	21	be	be	AUX
ftr-471	746	22	revised	revise	VERB
ftr-471	746	23	to	to	PART
ftr-471	746	24	specify	specify	VERB
ftr-471	746	25	appropriate	appropriate	ADJ
ftr-471	746	26	gain	gain	NOUN
ftr-471	746	27	recognition	recognition	NOUN
ftr-471	746	28	and	and	CCONJ
ftr-471	746	29	basis	basis	NOUN
ftr-471	746	30	consequences	consequence	NOUN
ftr-471	746	31	.	.	PUNCT
ftr-471	747	1	see	see	VERB
ftr-471	747	2	i	i	PRON
ftr-471	747	3	d.	d.	PROPN
ftr-471	747	4	at	at	ADP
ftr-471	747	5	55	55	NUM
ftr-471	747	6	n.178	n.178	NOUN
ftr-471	747	7	.	.	PROPN
ftr-471	748	1	164	164	NUM
ftr-471	748	2	.	.	PUNCT
ftr-471	749	1	see	see	VERB
ftr-471	749	2	i	i	PRON
ftr-471	749	3	d.	d.	PROPN
ftr-471	749	4	at	at	ADP
ftr-471	749	5	53	53	NUM
ftr-471	749	6	.	.	PUNCT
ftr-471	749	7	165	165	NUM
ftr-471	749	8	.	.	PUNCT
ftr-471	750	1	cf	cf	NOUN
ftr-471	750	2	.	.	PUNCT
ftr-471	750	3	regs	regs	PROPN
ftr-471	750	4	.	.	PUNCT
ftr-471	751	1	§	§	PROPN
ftr-471	751	2	1.755	1.755	NUM
ftr-471	751	3	-	-	SYM
ftr-471	751	4	1(b)(4	1(b)(4	NUM
ftr-471	751	5	)	)	PUNCT
ftr-471	751	6	.	.	PUNCT
ftr-471	752	1	under	under	ADP
ftr-471	752	2	current	current	ADJ
ftr-471	752	3	law	law	NOUN
ftr-471	752	4	,	,	PUNCT
ftr-471	752	5	if	if	SCONJ
ftr-471	752	6	a	a	DET
ftr-471	752	7	basis	basis	NOUN
ftr-471	752	8	adjustment	adjustment	NOUN
ftr-471	752	9	can	can	AUX
ftr-471	752	10	not	not	PART
ftr-471	752	11	be	be	AUX
ftr-471	752	12	made	make	VERB
ftr-471	752	13	because	because	SCONJ
ftr-471	752	14	the	the	DET
ftr-471	752	15	partnership	partnership	NOUN
ftr-471	752	16	lacks	lack	VERB
ftr-471	752	17	property	property	NOUN
ftr-471	752	18	of	of	ADP
ftr-471	752	19	the	the	DET
ftr-471	752	20	appropriate	appropriate	ADJ
ftr-471	752	21	character	character	NOUN
ftr-471	752	22	(	(	PUNCT
ftr-471	752	23	or	or	CCONJ
ftr-471	752	24	there	there	PRON
ftr-471	752	25	is	be	VERB
ftr-471	752	26	insufficient	insufficient	ADJ
ftr-471	752	27	basis	basis	NOUN
ftr-471	752	28	to	to	PART
ftr-471	752	29	absorb	absorb	VERB
ftr-471	752	30	a	a	DET
ftr-471	752	31	negative	negative	ADJ
ftr-471	752	32	adjustment	adjustment	NOUN
ftr-471	752	33	)	)	PUNCT
ftr-471	752	34	,	,	PUNCT
ftr-471	752	35	the	the	DET
ftr-471	752	36	adjustment	adjustment	NOUN
ftr-471	752	37	is	be	AUX
ftr-471	752	38	applied	apply	VERB
ftr-471	752	39	to	to	ADP
ftr-471	752	40	after	after	ADP
ftr-471	752	41	-	-	PUNCT
ftr-471	752	42	acquired	acquire	VERB
ftr-471	752	43	property	property	NOUN
ftr-471	752	44	of	of	ADP
ftr-471	752	45	the	the	DET
ftr-471	752	46	appropriate	appropriate	ADJ
ftr-471	752	47	character	character	NOUN
ftr-471	752	48	.	.	PUNCT
ftr-471	753	1	see	see	VERB
ftr-471	753	2	i	i	PRON
ftr-471	753	3	d.	d.	PROPN
ftr-471	753	4	under	under	ADP
ftr-471	753	5	these	these	DET
ftr-471	753	6	rules	rule	NOUN
ftr-471	753	7	,	,	PUNCT
ftr-471	753	8	a	a	DET
ftr-471	753	9	required	require	VERB
ftr-471	753	10	basis	basis	NOUN
ftr-471	753	11	adjustment	adjustment	NOUN
ftr-471	753	12	may	may	AUX
ftr-471	753	13	be	be	AUX
ftr-471	753	14	suspended	suspend	VERB
ftr-471	753	15	indefinitely	indefinitely	ADV
ftr-471	753	16	.	.	PUNCT
ftr-471	754	1	see	see	VERB
ftr-471	754	2	also	also	ADV
ftr-471	754	3	prop	prop	VERB
ftr-471	754	4	.	.	PUNCT
ftr-471	755	1	regs	regs	PROPN
ftr-471	755	2	.	.	PUNCT
ftr-471	756	1	§	§	PROPN
ftr-471	756	2	1.755	1.755	NUM
ftr-471	756	3	-	-	SYM
ftr-471	756	4	1(c)(4	1(c)(4	NUM
ftr-471	756	5	)	)	PUNCT
ftr-471	756	6	(	(	PUNCT
ftr-471	756	7	carryover	carryover	NOUN
ftr-471	756	8	adjustment	adjustment	NOUN
ftr-471	756	9	)	)	PUNCT
ftr-471	756	10	.	.	PUNCT
ftr-471	757	1	166	166	NUM
ftr-471	757	2	.	.	PUNCT
ftr-471	758	1	see	see	PROPN
ftr-471	758	2	andrews	andrews	PROPN
ftr-471	758	3	,	,	PUNCT
ftr-471	758	4	supra	supra	PROPN
ftr-471	758	5	note	note	PROPN
ftr-471	758	6	12	12	NUM
ftr-471	758	7	,	,	PUNCT
ftr-471	758	8	at	at	ADP
ftr-471	758	9	37	37	NUM
ftr-471	758	10	,	,	PUNCT
ftr-471	758	11	39	39	NUM
ftr-471	758	12	.	.	PUNCT
ftr-471	759	1	167	167	NUM
ftr-471	759	2	.	.	PUNCT
ftr-471	760	1	see	see	VERB
ftr-471	760	2	i	i	PRON
ftr-471	760	3	d.	d.	PROPN
ftr-471	760	4	rather	rather	ADV
ftr-471	760	5	than	than	ADP
ftr-471	760	6	recognize	recognize	VERB
ftr-471	760	7	loss	loss	NOUN
ftr-471	760	8	immediately	immediately	ADV
ftr-471	760	9	,	,	PUNCT
ftr-471	760	10	the	the	DET
ftr-471	760	11	taxpayer	taxpayer	NOUN
ftr-471	760	12	could	could	AUX
ftr-471	760	13	elect	elect	VERB
ftr-471	760	14	to	to	PART
ftr-471	760	15	suspend	suspend	VERB
ftr-471	760	16	the	the	DET
ftr-471	760	17	basis	basis	NOUN
ftr-471	760	18	increase	increase	NOUN
ftr-471	760	19	for	for	ADP
ftr-471	760	20	allocation	allocation	NOUN
ftr-471	760	21	to	to	ADP
ftr-471	760	22	after	after	ADP
ftr-471	760	23	-	-	PUNCT
ftr-471	760	24	acquired	acquire	VERB
ftr-471	760	25	property	property	NOUN
ftr-471	760	26	of	of	ADP
ftr-471	760	27	the	the	DET
ftr-471	760	28	appropriate	appropriate	ADJ
ftr-471	760	29	character	character	NOUN
ftr-471	760	30	.	.	PUNCT
ftr-471	761	1	see	see	VERB
ftr-471	761	2	i	i	PRON
ftr-471	761	3	d.	d.	PROPN
ftr-471	761	4	168	168	NUM
ftr-471	761	5	.	.	PUNCT
ftr-471	762	1	see	see	VERB
ftr-471	762	2	i	i	PRON
ftr-471	762	3	d.	d.	PROPN
ftr-471	762	4	at	at	ADP
ftr-471	762	5	17	17	NUM
ftr-471	762	6	(	(	PUNCT
ftr-471	762	7	comparing	compare	VERB
ftr-471	762	8	inside	inside	ADJ
ftr-471	762	9	basis	basis	NOUN
ftr-471	762	10	adjustments	adjustment	NOUN
ftr-471	762	11	to	to	PART
ftr-471	762	12	recently	recently	ADV
ftr-471	762	13	repealed	repeal	VERB
ftr-471	762	14	§	§	PROPN
ftr-471	762	15	1034(e	1034(e	PROPN
ftr-471	762	16	)	)	PUNCT
ftr-471	762	17	which	which	PRON
ftr-471	762	18	determined	determine	VERB
ftr-471	762	19	the	the	DET
ftr-471	762	20	adjustments	adjustment	NOUN
ftr-471	762	21	to	to	ADP
ftr-471	762	22	basis	basis	NOUN
ftr-471	762	23	of	of	ADP
ftr-471	762	24	new	new	ADJ
ftr-471	762	25	residence	residence	NOUN
ftr-471	762	26	)	)	PUNCT
ftr-471	762	27	;	;	PUNCT
ftr-471	762	28	see	see	VERB
ftr-471	762	29	also	also	ADV
ftr-471	762	30	irc	irc	ADP
ftr-471	762	31	§	§	PROPN
ftr-471	762	32	§	§	PROPN
ftr-471	762	33	1033	1033	NUM
ftr-471	762	34	(	(	PUNCT
ftr-471	762	35	substitute	substitute	NOUN
ftr-471	762	36	property	property	NOUN
ftr-471	762	37	in	in	ADP
ftr-471	762	38	connection	connection	NOUN
ftr-471	762	39	with	with	ADP
ftr-471	762	40	involuntary	involuntary	ADJ
ftr-471	762	41	conversion	conversion	NOUN
ftr-471	762	42	)	)	PUNCT
ftr-471	762	43	,	,	PUNCT
ftr-471	762	44	1017	1017	NUM
ftr-471	762	45	(	(	PUNCT
ftr-471	762	46	basis	basis	NOUN
ftr-471	762	47	adjustments	adjustment	NOUN
ftr-471	762	48	to	to	PART
ftr-471	762	49	avoid	avoid	VERB
ftr-471	762	50	cancellation	cancellation	NOUN
ftr-471	762	51	-	-	PUNCT
ftr-471	762	52	of	of	ADP
ftr-471	762	53	-	-	PUNCT
ftr-471	762	54	indebtedness	indebtedness	NOUN
ftr-471	762	55	income	income	NOUN
ftr-471	762	56	)	)	PUNCT
ftr-471	762	57	.	.	PUNCT
ftr-471	763	1	169	169	NUM
ftr-471	763	2	.	.	PUNCT
ftr-471	764	1	see	see	PROPN
ftr-471	764	2	andrews	andrews	PROPN
ftr-471	764	3	,	,	PUNCT
ftr-471	764	4	supra	supra	PROPN
ftr-471	764	5	note	note	PROPN
ftr-471	764	6	12	12	NUM
ftr-471	764	7	,	,	PUNCT
ftr-471	764	8	at	at	ADP
ftr-471	764	9	31	31	NUM
ftr-471	764	10	.	.	PUNCT
ftr-471	765	1	andrews	andrews	PROPN
ftr-471	765	2	refers	refer	VERB
ftr-471	765	3	to	to	ADP
ftr-471	765	4	this	this	DET
ftr-471	765	5	method	method	NOUN
ftr-471	765	6	of	of	ADP
ftr-471	765	7	reallocating	reallocate	VERB
ftr-471	765	8	basis	basis	NOUN
ftr-471	765	9	as	as	ADP
ftr-471	765	10	the	the	DET
ftr-471	765	11	"	"	PUNCT
ftr-471	765	12	enlightened	enlightened	ADJ
ftr-471	765	13	net	net	ADJ
ftr-471	765	14	adjustment	adjustment	NOUN
ftr-471	765	15	allocation	allocation	NOUN
ftr-471	765	16	.	.	PUNCT
ftr-471	765	17	"	"	PUNCT
ftr-471	766	1	see	see	VERB
ftr-471	766	2	i	i	PRON
ftr-471	766	3	d.	d.	PROPN
ftr-471	766	4	at	at	ADP
ftr-471	766	5	31	31	NUM
ftr-471	766	6	-	-	SYM
ftr-471	766	7	32	32	NUM
ftr-471	766	8	.	.	PUNCT
ftr-471	767	1	he	he	PRON
ftr-471	767	2	rejects	reject	VERB
ftr-471	767	3	as	as	ADP
ftr-471	767	4	excessively	excessively	ADV
ftr-471	767	5	complex	complex	ADJ
ftr-471	767	6	an	an	DET
ftr-471	767	7	alternative	alternative	ADJ
ftr-471	767	8	"	"	PUNCT
ftr-471	767	9	proportional	proportional	ADJ
ftr-471	767	10	reallocation	reallocation	NOUN
ftr-471	767	11	"	"	PUNCT
ftr-471	767	12	method	method	NOUN
ftr-471	767	13	that	that	PRON
ftr-471	767	14	would	would	AUX
ftr-471	767	15	treat	treat	VERB
ftr-471	767	16	a	a	DET
ftr-471	767	17	distribution	distribution	NOUN
ftr-471	767	18	as	as	ADP
ftr-471	767	19	an	an	DET
ftr-471	767	20	exchange	exchange	NOUN
ftr-471	767	21	of	of	ADP
ftr-471	767	22	the	the	DET
ftr-471	767	23	continuing	continue	VERB
ftr-471	767	24	partners	partner	NOUN
ftr-471	767	25	'	'	PART
ftr-471	767	26	interests	interest	NOUN
ftr-471	767	27	in	in	ADP
ftr-471	767	28	the	the	DET
ftr-471	767	29	distributed	distribute	VERB
ftr-471	767	30	property	property	NOUN
ftr-471	767	31	for	for	ADP
ftr-471	767	32	the	the	DET
ftr-471	767	33	withdrawing	withdraw	VERB
ftr-471	767	34	partner	partner	NOUN
ftr-471	767	35	's	's	PART
ftr-471	767	36	interest	interest	NOUN
ftr-471	767	37	in	in	ADP
ftr-471	767	38	the	the	DET
ftr-471	767	39	retained	retain	VERB
ftr-471	767	40	partnership	partnership	NOUN
ftr-471	767	41	assets	asset	NOUN
ftr-471	767	42	.	.	PUNCT
ftr-471	768	1	see	see	VERB
ftr-471	768	2	i	i	PRON
ftr-471	768	3	d.	d.	PROPN
ftr-471	768	4	at	at	ADP
ftr-471	768	5	29	29	NUM
ftr-471	768	6	-	-	SYM
ftr-471	768	7	31	31	NUM
ftr-471	768	8	;	;	PUNCT
ftr-471	768	9	see	see	VERB
ftr-471	768	10	also	also	ADV
ftr-471	768	11	cunningham	cunningham	PROPN
ftr-471	768	12	,	,	PUNCT
ftr-471	768	13	supra	supra	PROPN
ftr-471	768	14	note	note	PROPN
ftr-471	768	15	12	12	NUM
ftr-471	768	16	,	,	PUNCT
ftr-471	768	17	at	at	ADP
ftr-471	768	18	85	85	NUM
ftr-471	768	19	-	-	SYM
ftr-471	768	20	86	86	NUM
ftr-471	768	21	.	.	PUNCT
ftr-471	769	1	[	[	X
ftr-471	769	2	vol	vol	NOUN
ftr-471	769	3	3:12	3:12	NUM
ftr-471	769	4	partnership	partnership	NOUN
ftr-471	769	5	distributions	distribution	NOUN
ftr-471	769	6	:	:	PUNCT
ftr-471	769	7	options	option	NOUN
ftr-471	769	8	for	for	ADP
ftr-471	769	9	reforn	reforn	ADJ
ftr-471	769	10	market	market	NOUN
ftr-471	769	11	value	value	NOUN
ftr-471	769	12	of	of	ADP
ftr-471	769	13	the	the	DET
ftr-471	769	14	assets	asset	NOUN
ftr-471	769	15	(	(	PUNCT
ftr-471	769	16	if	if	SCONJ
ftr-471	769	17	the	the	DET
ftr-471	769	18	adjustment	adjustment	NOUN
ftr-471	769	19	is	be	AUX
ftr-471	769	20	positive	positive	ADJ
ftr-471	769	21	)	)	PUNCT
ftr-471	769	22	or	or	CCONJ
ftr-471	769	23	in	in	ADP
ftr-471	769	24	proportion	proportion	NOUN
ftr-471	769	25	to	to	ADP
ftr-471	769	26	the	the	DET
ftr-471	769	27	respective	respective	ADJ
ftr-471	769	28	bases	basis	NOUN
ftr-471	769	29	of	of	ADP
ftr-471	769	30	the	the	DET
ftr-471	769	31	assets	asset	NOUN
ftr-471	769	32	(	(	PUNCT
ftr-471	769	33	if	if	SCONJ
ftr-471	769	34	the	the	DET
ftr-471	769	35	adjustment	adjustment	NOUN
ftr-471	769	36	is	be	AUX
ftr-471	769	37	negative	negative	ADJ
ftr-471	769	38	)	)	PUNCT
ftr-471	769	39	.	.	PUNCT
ftr-471	770	1	thus	thus	ADV
ftr-471	770	2	,	,	PUNCT
ftr-471	770	3	the	the	DET
ftr-471	770	4	current	current	ADJ
ftr-471	770	5	prohibition	prohibition	NOUN
ftr-471	770	6	on	on	ADP
ftr-471	770	7	adjustments	adjustment	NOUN
ftr-471	770	8	that	that	PRON
ftr-471	770	9	increase	increase	VERB
ftr-471	770	10	the	the	DET
ftr-471	770	11	disparity	disparity	NOUN
ftr-471	770	12	between	between	ADP
ftr-471	770	13	basis	basis	NOUN
ftr-471	770	14	and	and	CCONJ
ftr-471	770	15	fair	fair	ADJ
ftr-471	770	16	market	market	NOUN
ftr-471	770	17	value	value	NOUN
ftr-471	770	18	(	(	PUNCT
ftr-471	770	19	so	so	ADV
ftr-471	770	20	-	-	PUNCT
ftr-471	770	21	called	call	VERB
ftr-471	770	22	"	"	PUNCT
ftr-471	770	23	wrong	wrong	ADJ
ftr-471	770	24	-	-	PUNCT
ftr-471	770	25	way	way	NOUN
ftr-471	770	26	"	"	PUNCT
ftr-471	770	27	adjustments	adjustment	NOUN
ftr-471	770	28	)	)	PUNCT
ftr-471	770	29	7	7	NUM
ftr-471	770	30	1	1	NUM
ftr-471	770	31	would	would	AUX
ftr-471	770	32	be	be	AUX
ftr-471	770	33	eliminated	eliminate	VERB
ftr-471	770	34	.	.	PUNCT
ftr-471	771	1	this	this	DET
ftr-471	771	2	prohibition	prohibition	NOUN
ftr-471	771	3	makes	make	VERB
ftr-471	771	4	sense	sense	NOUN
ftr-471	771	5	in	in	ADP
ftr-471	771	6	the	the	DET
ftr-471	771	7	case	case	NOUN
ftr-471	771	8	of	of	ADP
ftr-471	771	9	a	a	DET
ftr-471	771	10	sale	sale	NOUN
ftr-471	771	11	of	of	ADP
ftr-471	771	12	a	a	DET
ftr-471	771	13	partnership	partnership	NOUN
ftr-471	771	14	interest	interest	NOUN
ftr-471	771	15	because	because	SCONJ
ftr-471	771	16	the	the	DET
ftr-471	771	17	basis	basis	NOUN
ftr-471	771	18	adjustments	adjustment	NOUN
ftr-471	771	19	are	be	AUX
ftr-471	771	20	intended	intend	VERB
ftr-471	771	21	generally	generally	ADV
ftr-471	771	22	to	to	PART
ftr-471	771	23	give	give	VERB
ftr-471	771	24	the	the	DET
ftr-471	771	25	purchaser	purchaser	NOUN
ftr-471	771	26	the	the	DET
ftr-471	771	27	equivalent	equivalent	NOUN
ftr-471	771	28	of	of	ADP
ftr-471	771	29	a	a	DET
ftr-471	771	30	cost	cost	NOUN
ftr-471	771	31	basis	basis	NOUN
ftr-471	771	32	.	.	PUNCT
ftr-471	771	33	'	'	PUNCT
ftr-471	772	1	7	7	X
ftr-471	772	2	'	'	PUNCT
ftr-471	772	3	following	follow	VERB
ftr-471	772	4	a	a	DET
ftr-471	772	5	distribution	distribution	NOUN
ftr-471	772	6	,	,	PUNCT
ftr-471	772	7	however	however	ADV
ftr-471	772	8	,	,	PUNCT
ftr-471	772	9	the	the	DET
ftr-471	772	10	section	section	NOUN
ftr-471	772	11	734(b	734(b	NOUN
ftr-471	772	12	)	)	PUNCT
ftr-471	772	13	basis	basis	NOUN
ftr-471	772	14	adjustments	adjustment	NOUN
ftr-471	772	15	serve	serve	VERB
ftr-471	772	16	a	a	DET
ftr-471	772	17	quite	quite	ADV
ftr-471	772	18	different	different	ADJ
ftr-471	772	19	purpose	purpose	NOUN
ftr-471	772	20	:	:	PUNCT
ftr-471	772	21	basis	basis	NOUN
ftr-471	772	22	adjustments	adjustment	NOUN
ftr-471	772	23	that	that	PRON
ftr-471	772	24	increase	increase	VERB
ftr-471	772	25	the	the	DET
ftr-471	772	26	disparity	disparity	NOUN
ftr-471	772	27	between	between	ADP
ftr-471	772	28	basis	basis	NOUN
ftr-471	772	29	and	and	CCONJ
ftr-471	772	30	fair	fair	ADJ
ftr-471	772	31	market	market	NOUN
ftr-471	772	32	value	value	NOUN
ftr-471	772	33	may	may	AUX
ftr-471	772	34	be	be	AUX
ftr-471	772	35	essential	essential	ADJ
ftr-471	772	36	to	to	PART
ftr-471	772	37	preserve	preserve	VERB
ftr-471	772	38	shares	share	NOUN
ftr-471	772	39	of	of	ADP
ftr-471	772	40	unrealized	unrealized	ADJ
ftr-471	772	41	gain	gain	NOUN
ftr-471	772	42	(	(	PUNCT
ftr-471	772	43	or	or	CCONJ
ftr-471	772	44	loss	loss	NOUN
ftr-471	772	45	)	)	PUNCT
ftr-471	772	46	for	for	ADP
ftr-471	772	47	future	future	ADJ
ftr-471	772	48	taxation.1	taxation.1	NOUN
ftr-471	772	49	72	72	NUM
ftr-471	772	50	by	by	ADP
ftr-471	772	51	making	make	VERB
ftr-471	772	52	section	section	NOUN
ftr-471	772	53	734(b	734(b	NOUN
ftr-471	772	54	)	)	PUNCT
ftr-471	772	55	basis	basis	NOUN
ftr-471	772	56	adjustments	adjustment	NOUN
ftr-471	772	57	mandatory	mandatory	ADV
ftr-471	772	58	,	,	PUNCT
ftr-471	772	59	the	the	DET
ftr-471	772	60	andrews	andrews	PROPN
ftr-471	772	61	proposals	proposal	NOUN
ftr-471	772	62	would	would	AUX
ftr-471	772	63	eliminate	eliminate	VERB
ftr-471	772	64	the	the	DET
ftr-471	772	65	ability	ability	NOUN
ftr-471	772	66	to	to	PART
ftr-471	772	67	exploit	exploit	VERB
ftr-471	772	68	the	the	DET
ftr-471	772	69	current	current	ADJ
ftr-471	772	70	elective	elective	ADJ
ftr-471	772	71	regime	regime	NOUN
ftr-471	772	72	when	when	SCONJ
ftr-471	772	73	the	the	DET
ftr-471	772	74	failure	failure	NOUN
ftr-471	772	75	to	to	PART
ftr-471	772	76	adjust	adjust	VERB
ftr-471	772	77	inside	inside	ADJ
ftr-471	772	78	basis	basis	NOUN
ftr-471	772	79	is	be	AUX
ftr-471	772	80	beneficial	beneficial	ADJ
ftr-471	772	81	to	to	ADP
ftr-471	772	82	the	the	DET
ftr-471	772	83	continuing	continue	VERB
ftr-471	772	84	partners	partner	NOUN
ftr-471	772	85	.	.	PUNCT
ftr-471	773	1	these	these	DET
ftr-471	773	2	proposals	proposal	NOUN
ftr-471	773	3	would	would	AUX
ftr-471	773	4	also	also	ADV
ftr-471	773	5	cure	cure	VERB
ftr-471	773	6	a	a	DET
ftr-471	773	7	technical	technical	ADJ
ftr-471	773	8	defect	defect	NOUN
ftr-471	773	9	in	in	ADP
ftr-471	773	10	the	the	DET
ftr-471	773	11	existing	exist	VERB
ftr-471	773	12	section	section	NOUN
ftr-471	773	13	734(b	734(b	NOUN
ftr-471	773	14	)	)	PUNCT
ftr-471	773	15	adjustmenlt	adjustmenlt	NOUN
ftr-471	773	16	73	73	NUM
ftr-471	773	17	under	under	ADP
ftr-471	773	18	current	current	ADJ
ftr-471	773	19	law	law	NOUN
ftr-471	773	20	,	,	PUNCT
ftr-471	773	21	the	the	DET
ftr-471	773	22	section	section	NOUN
ftr-471	773	23	734(b	734(b	NOUN
ftr-471	773	24	)	)	PUNCT
ftr-471	773	25	adjustment	adjustment	NOUN
ftr-471	773	26	is	be	AUX
ftr-471	773	27	determined	determine	VERB
ftr-471	773	28	by	by	ADP
ftr-471	773	29	reference	reference	NOUN
ftr-471	773	30	to	to	ADP
ftr-471	773	31	the	the	DET
ftr-471	773	32	distributee	distributee	NOUN
ftr-471	773	33	partner	partner	NOUN
ftr-471	773	34	's	's	PART
ftr-471	773	35	outside	outside	ADJ
ftr-471	773	36	basis	basis	NOUN
ftr-471	773	37	rather	rather	ADV
ftr-471	773	38	than	than	ADP
ftr-471	773	39	her	her	PRON
ftr-471	773	40	share	share	NOUN
ftr-471	773	41	of	of	ADP
ftr-471	773	42	the	the	DET
ftr-471	773	43	partnership	partnership	NOUN
ftr-471	773	44	's	's	PART
ftr-471	773	45	inside	inside	ADJ
ftr-471	773	46	basis	basis	NOUN
ftr-471	773	47	.	.	PUNCT
ftr-471	774	1	4	4	NUM
ftr-471	774	2	although	although	SCONJ
ftr-471	774	3	this	this	DET
ftr-471	774	4	formula	formula	NOUN
ftr-471	774	5	often	often	ADV
ftr-471	774	6	works	work	VERB
ftr-471	774	7	well	well	ADV
ftr-471	774	8	,	,	PUNCT
ftr-471	774	9	it	it	PRON
ftr-471	774	10	invariably	invariably	ADV
ftr-471	774	11	reaches	reach	VERB
ftr-471	774	12	the	the	DET
ftr-471	774	13	wrong	wrong	ADJ
ftr-471	774	14	result	result	NOUN
ftr-471	774	15	when	when	SCONJ
ftr-471	774	16	a	a	DET
ftr-471	774	17	partner	partner	NOUN
ftr-471	774	18	's	's	PART
ftr-471	774	19	outside	outside	ADJ
ftr-471	774	20	basis	basis	NOUN
ftr-471	774	21	differs	differ	VERB
ftr-471	774	22	from	from	ADP
ftr-471	774	23	her	her	PRON
ftr-471	774	24	share	share	NOUN
ftr-471	774	25	of	of	ADP
ftr-471	774	26	inside	inside	ADJ
ftr-471	774	27	basis.7	basis.7	NOUN
ftr-471	774	28	5	5	NUM
ftr-471	774	29	under	under	ADP
ftr-471	774	30	the	the	DET
ftr-471	774	31	andrews	andrews	PROPN
ftr-471	774	32	proposals	proposal	NOUN
ftr-471	774	33	,	,	PUNCT
ftr-471	774	34	the	the	DET
ftr-471	774	35	section	section	NOUN
ftr-471	774	36	734(b	734(b	NOUN
ftr-471	774	37	)	)	PUNCT
ftr-471	774	38	adjustment	adjustment	NOUN
ftr-471	774	39	would	would	AUX
ftr-471	774	40	be	be	AUX
ftr-471	774	41	determined	determine	VERB
ftr-471	774	42	by	by	ADP
ftr-471	774	43	reference	reference	NOUN
ftr-471	774	44	to	to	ADP
ftr-471	774	45	the	the	DET
ftr-471	774	46	partner	partner	NOUN
ftr-471	774	47	's	's	PART
ftr-471	774	48	share	share	NOUN
ftr-471	774	49	of	of	ADP
ftr-471	774	50	inside	inside	ADJ
ftr-471	774	51	basis	basis	NOUN
ftr-471	774	52	,	,	PUNCT
ftr-471	774	53	a	a	DET
ftr-471	774	54	concept	concept	NOUN
ftr-471	774	55	already	already	ADV
ftr-471	774	56	employed	employ	VERB
ftr-471	774	57	by	by	ADP
ftr-471	774	58	the	the	DET
ftr-471	774	59	section	section	NOUN
ftr-471	774	60	743(b	743(b	PROPN
ftr-471	774	61	)	)	PUNCT
ftr-471	774	62	regulations	regulation	NOUN
ftr-471	774	63	.	.	PUNCT
ftr-471	775	1	7	7	NUM
ftr-471	775	2	6	6	NUM
ftr-471	775	3	thus	thus	ADV
ftr-471	775	4	,	,	PUNCT
ftr-471	775	5	the	the	DET
ftr-471	775	6	section	section	NOUN
ftr-471	775	7	734(b	734(b	NOUN
ftr-471	775	8	)	)	PUNCT
ftr-471	775	9	adjustment	adjustment	NOUN
ftr-471	775	10	would	would	AUX
ftr-471	775	11	be	be	AUX
ftr-471	775	12	170	170	NUM
ftr-471	775	13	.	.	PUNCT
ftr-471	776	1	see	see	VERB
ftr-471	776	2	regs	reg	NOUN
ftr-471	776	3	.	.	PUNCT
ftr-471	777	1	§	§	PROPN
ftr-471	777	2	1.755	1.755	NUM
ftr-471	777	3	-	-	NUM
ftr-471	777	4	1(a)(1)(iii	1(a)(1)(iii	NUM
ftr-471	777	5	)	)	PUNCT
ftr-471	777	6	.	.	PUNCT
ftr-471	778	1	but	but	CCONJ
ftr-471	778	2	see	see	VERB
ftr-471	778	3	andrews	andrews	PROPN
ftr-471	778	4	,	,	PUNCT
ftr-471	778	5	supra	supra	PROPN
ftr-471	778	6	note	note	PROPN
ftr-471	778	7	12	12	NUM
ftr-471	778	8	,	,	PUNCT
ftr-471	778	9	at	at	ADP
ftr-471	778	10	28	28	NUM
ftr-471	778	11	n.96	n.96	ADP
ftr-471	778	12	(	(	PUNCT
ftr-471	778	13	noting	note	VERB
ftr-471	778	14	that	that	SCONJ
ftr-471	778	15	"	"	PUNCT
ftr-471	778	16	the	the	DET
ftr-471	778	17	blanket	blanket	NOUN
ftr-471	778	18	prohibition	prohibition	NOUN
ftr-471	778	19	[	[	X
ftr-471	778	20	on	on	ADP
ftr-471	778	21	wrong	wrong	ADJ
ftr-471	778	22	-	-	PUNCT
ftr-471	778	23	way	way	NOUN
ftr-471	778	24	adjustments	adjustment	NOUN
ftr-471	778	25	]	]	PUNCT
ftr-471	778	26	can	can	AUX
ftr-471	778	27	not	not	PART
ftr-471	778	28	mean	mean	VERB
ftr-471	778	29	what	what	PRON
ftr-471	778	30	it	it	PRON
ftr-471	778	31	seems	seem	VERB
ftr-471	778	32	to	to	PART
ftr-471	778	33	say	say	VERB
ftr-471	778	34	"	"	PUNCT
ftr-471	778	35	)	)	PUNCT
ftr-471	778	36	.	.	PUNCT
ftr-471	779	1	see	see	VERB
ftr-471	779	2	also	also	ADV
ftr-471	779	3	prop	prop	VERB
ftr-471	779	4	.	.	PUNCT
ftr-471	780	1	regs	regs	PROPN
ftr-471	780	2	.	.	PUNCT
ftr-471	781	1	§	§	PROPN
ftr-471	781	2	1.755	1.755	NUM
ftr-471	781	3	-	-	SYM
ftr-471	781	4	1(c)(2	1(c)(2	NUM
ftr-471	781	5	)	)	PUNCT
ftr-471	781	6	(	(	PUNCT
ftr-471	781	7	permitting	permit	VERB
ftr-471	781	8	wrong	wrong	ADJ
ftr-471	781	9	-	-	PUNCT
ftr-471	781	10	way	way	NOUN
ftr-471	781	11	adjustments	adjustment	NOUN
ftr-471	781	12	)	)	PUNCT
ftr-471	781	13	.	.	PUNCT
ftr-471	782	1	171	171	X
ftr-471	782	2	.	.	PUNCT
ftr-471	783	1	see	see	VERB
ftr-471	783	2	supra	supra	PROPN
ftr-471	783	3	note	note	PROPN
ftr-471	783	4	26	26	NUM
ftr-471	783	5	and	and	CCONJ
ftr-471	783	6	accompanying	accompany	VERB
ftr-471	783	7	text	text	NOUN
ftr-471	783	8	.	.	PUNCT
ftr-471	784	1	172	172	X
ftr-471	784	2	.	.	PUNCT
ftr-471	785	1	see	see	PROPN
ftr-471	785	2	andrews	andrews	PROPN
ftr-471	785	3	,	,	PUNCT
ftr-471	785	4	supra	supra	PROPN
ftr-471	785	5	note	note	PROPN
ftr-471	785	6	12	12	NUM
ftr-471	785	7	,	,	PUNCT
ftr-471	785	8	at	at	ADP
ftr-471	785	9	17	17	NUM
ftr-471	785	10	.	.	PUNCT
ftr-471	786	1	proposed	propose	VERB
ftr-471	786	2	regulations	regulation	NOUN
ftr-471	786	3	under	under	ADP
ftr-471	786	4	§	§	PROPN
ftr-471	786	5	755	755	NUM
ftr-471	786	6	recognize	recognize	VERB
ftr-471	786	7	the	the	DET
ftr-471	786	8	need	need	NOUN
ftr-471	786	9	for	for	ADP
ftr-471	786	10	separate	separate	ADJ
ftr-471	786	11	rules	rule	NOUN
ftr-471	786	12	for	for	ADP
ftr-471	786	13	allocating	allocate	VERB
ftr-471	786	14	basis	basis	NOUN
ftr-471	786	15	adjustments	adjustment	NOUN
ftr-471	786	16	under	under	ADP
ftr-471	786	17	§	§	PROPN
ftr-471	786	18	§	§	PROPN
ftr-471	786	19	743(b	743(b	PROPN
ftr-471	786	20	)	)	PUNCT
ftr-471	786	21	and	and	CCONJ
ftr-471	786	22	734(b	734(b	PROPN
ftr-471	786	23	)	)	PUNCT
ftr-471	786	24	.	.	PUNCT
ftr-471	787	1	see	see	VERB
ftr-471	787	2	prop	prop	NOUN
ftr-471	787	3	.	.	PUNCT
ftr-471	788	1	regs	regs	PROPN
ftr-471	788	2	.	.	PUNCT
ftr-471	789	1	§	§	PROPN
ftr-471	789	2	§	§	PROPN
ftr-471	789	3	1.755	1.755	NUM
ftr-471	789	4	-	-	SYM
ftr-471	789	5	1(b	1(b	NUM
ftr-471	789	6	)	)	PUNCT
ftr-471	789	7	(	(	PUNCT
ftr-471	789	8	§	§	PROPN
ftr-471	789	9	743(b	743(b	PROPN
ftr-471	789	10	)	)	PUNCT
ftr-471	789	11	adjustments	adjustment	NOUN
ftr-471	789	12	)	)	PUNCT
ftr-471	789	13	,	,	PUNCT
ftr-471	789	14	1.755	1.755	NUM
ftr-471	789	15	-	-	SYM
ftr-471	789	16	1(c	1(c	NUM
ftr-471	789	17	)	)	PUNCT
ftr-471	789	18	(	(	PUNCT
ftr-471	789	19	§	§	PROPN
ftr-471	789	20	734(b	734(b	PROPN
ftr-471	789	21	)	)	PUNCT
ftr-471	789	22	adjustments	adjustment	NOUN
ftr-471	789	23	)	)	PUNCT
ftr-471	789	24	.	.	PUNCT
ftr-471	790	1	173	173	X
ftr-471	790	2	.	.	PUNCT
ftr-471	791	1	see	see	PROPN
ftr-471	791	2	andrews	andrews	PROPN
ftr-471	791	3	,	,	PUNCT
ftr-471	791	4	supra	supra	PROPN
ftr-471	791	5	note	note	PROPN
ftr-471	791	6	12	12	NUM
ftr-471	791	7	,	,	PUNCT
ftr-471	791	8	at	at	ADP
ftr-471	791	9	13	13	NUM
ftr-471	791	10	;	;	PUNCT
ftr-471	791	11	see	see	VERB
ftr-471	791	12	also	also	ADV
ftr-471	791	13	a.b.a	a.b.a	NOUN
ftr-471	791	14	.	.	PUNCT
ftr-471	791	15	tax	tax	NOUN
ftr-471	791	16	section	section	NOUN
ftr-471	791	17	recommendation	recommendation	NOUN
ftr-471	791	18	no	no	INTJ
ftr-471	791	19	.	.	NOUN
ftr-471	791	20	1974	1974	NUM
ftr-471	791	21	-	-	SYM
ftr-471	791	22	9	9	NUM
ftr-471	791	23	,	,	PUNCT
ftr-471	791	24	reprinted	reprint	VERB
ftr-471	791	25	in	in	ADP
ftr-471	791	26	27	27	NUM
ftr-471	791	27	tax	tax	NOUN
ftr-471	791	28	law	law	NOUN
ftr-471	791	29	.	.	PUNCT
ftr-471	792	1	839	839	NUM
ftr-471	792	2	,	,	PUNCT
ftr-471	792	3	869	869	NUM
ftr-471	792	4	-	-	SYM
ftr-471	792	5	72	72	NUM
ftr-471	792	6	(	(	PUNCT
ftr-471	792	7	1974	1974	NUM
ftr-471	792	8	)	)	PUNCT
ftr-471	792	9	;	;	PUNCT
ftr-471	792	10	selected	select	VERB
ftr-471	792	11	partnership	partnership	NOUN
ftr-471	792	12	tax	tax	NOUN
ftr-471	792	13	issues	issue	NOUN
ftr-471	792	14	,	,	PUNCT
ftr-471	792	15	supra	supra	PROPN
ftr-471	792	16	note	note	PROPN
ftr-471	792	17	8	8	NUM
ftr-471	792	18	,	,	PUNCT
ftr-471	792	19	at	at	ADP
ftr-471	792	20	32	32	NUM
ftr-471	792	21	-	-	SYM
ftr-471	792	22	33	33	NUM
ftr-471	792	23	.	.	NOUN
ftr-471	792	24	174	174	NUM
ftr-471	792	25	.	.	PUNCT
ftr-471	793	1	more	more	ADV
ftr-471	793	2	technically	technically	ADV
ftr-471	793	3	,	,	PUNCT
ftr-471	793	4	the	the	DET
ftr-471	793	5	§	§	PROPN
ftr-471	793	6	734(b	734(b	PROPN
ftr-471	793	7	)	)	PUNCT
ftr-471	793	8	adjustment	adjustment	NOUN
ftr-471	793	9	is	be	AUX
ftr-471	793	10	determined	determine	VERB
ftr-471	793	11	by	by	ADP
ftr-471	793	12	reference	reference	NOUN
ftr-471	793	13	to	to	ADP
ftr-471	793	14	§	§	PROPN
ftr-471	793	15	§	§	PROPN
ftr-471	793	16	731	731	NUM
ftr-471	793	17	and	and	CCONJ
ftr-471	793	18	732	732	NUM
ftr-471	793	19	,	,	PUNCT
ftr-471	793	20	both	both	PRON
ftr-471	793	21	of	of	ADP
ftr-471	793	22	which	which	PRON
ftr-471	793	23	refer	refer	VERB
ftr-471	793	24	to	to	ADP
ftr-471	793	25	the	the	DET
ftr-471	793	26	partner	partner	NOUN
ftr-471	793	27	's	's	PART
ftr-471	793	28	outside	outside	ADJ
ftr-471	793	29	basis	basis	NOUN
ftr-471	793	30	.	.	PUNCT
ftr-471	794	1	see	see	VERB
ftr-471	794	2	irc	irc	PROPN
ftr-471	794	3	§	§	PROPN
ftr-471	794	4	§	§	PROPN
ftr-471	794	5	731	731	NUM
ftr-471	794	6	,	,	PUNCT
ftr-471	794	7	732	732	NUM
ftr-471	794	8	,	,	PUNCT
ftr-471	794	9	734(b	734(b	PROPN
ftr-471	794	10	)	)	PUNCT
ftr-471	794	11	.	.	PUNCT
ftr-471	795	1	175	175	NUM
ftr-471	795	2	.	.	PUNCT
ftr-471	796	1	such	such	DET
ftr-471	796	2	a	a	DET
ftr-471	796	3	discrepancy	discrepancy	NOUN
ftr-471	796	4	is	be	AUX
ftr-471	796	5	likely	likely	ADJ
ftr-471	796	6	to	to	PART
ftr-471	796	7	occur	occur	VERB
ftr-471	796	8	,	,	PUNCT
ftr-471	796	9	for	for	ADP
ftr-471	796	10	example	example	NOUN
ftr-471	796	11	,	,	PUNCT
ftr-471	796	12	if	if	SCONJ
ftr-471	796	13	a	a	DET
ftr-471	796	14	partnership	partnership	NOUN
ftr-471	796	15	interest	interest	NOUN
ftr-471	796	16	is	be	AUX
ftr-471	796	17	acquired	acquire	VERB
ftr-471	796	18	by	by	ADP
ftr-471	796	19	purchase	purchase	NOUN
ftr-471	796	20	or	or	CCONJ
ftr-471	796	21	inheritance	inheritance	NOUN
ftr-471	796	22	when	when	SCONJ
ftr-471	796	23	the	the	DET
ftr-471	796	24	partnership	partnership	NOUN
ftr-471	796	25	does	do	AUX
ftr-471	796	26	not	not	PART
ftr-471	796	27	have	have	VERB
ftr-471	796	28	a	a	DET
ftr-471	796	29	§	§	ADJ
ftr-471	796	30	754	754	NUM
ftr-471	796	31	election	election	NOUN
ftr-471	796	32	in	in	ADP
ftr-471	796	33	effect	effect	NOUN
ftr-471	796	34	.	.	PUNCT
ftr-471	797	1	in	in	ADP
ftr-471	797	2	this	this	DET
ftr-471	797	3	situation	situation	NOUN
ftr-471	797	4	,	,	PUNCT
ftr-471	797	5	the	the	DET
ftr-471	797	6	§	§	PROPN
ftr-471	797	7	734(b	734(b	PROPN
ftr-471	797	8	)	)	PUNCT
ftr-471	797	9	adjustment	adjustment	NOUN
ftr-471	797	10	preserves	preserve	VERB
ftr-471	797	11	the	the	DET
ftr-471	797	12	pre	pre	ADJ
ftr-471	797	13	-	-	ADJ
ftr-471	797	14	distribution	distribution	ADJ
ftr-471	797	15	inequality	inequality	NOUN
ftr-471	797	16	between	between	ADP
ftr-471	797	17	the	the	DET
ftr-471	797	18	partners	partner	NOUN
ftr-471	797	19	'	'	PART
ftr-471	797	20	aggregate	aggregate	ADJ
ftr-471	797	21	bases	basis	NOUN
ftr-471	797	22	in	in	ADP
ftr-471	797	23	their	their	PRON
ftr-471	797	24	partnership	partnership	NOUN
ftr-471	797	25	interests	interest	NOUN
ftr-471	797	26	and	and	CCONJ
ftr-471	797	27	the	the	DET
ftr-471	797	28	partnership	partnership	NOUN
ftr-471	797	29	's	's	PART
ftr-471	797	30	aggregate	aggregate	ADJ
ftr-471	797	31	basis	basis	NOUN
ftr-471	797	32	in	in	ADP
ftr-471	797	33	its	its	PRON
ftr-471	797	34	assets	asset	NOUN
ftr-471	797	35	.	.	PUNCT
ftr-471	798	1	see	see	VERB
ftr-471	798	2	mckee	mckee	PROPN
ftr-471	798	3	et	et	PROPN
ftr-471	798	4	al	al	PROPN
ftr-471	798	5	.	.	PROPN
ftr-471	798	6	,	,	PUNCT
ftr-471	798	7	supra	supra	PROPN
ftr-471	798	8	note	note	PROPN
ftr-471	798	9	19	19	NUM
ftr-471	798	10	,	,	PUNCT
ftr-471	798	11	25.0113	25.0113	NUM
ftr-471	798	12	]	]	PUNCT
ftr-471	798	13	,	,	PUNCT
ftr-471	798	14	at	at	ADP
ftr-471	798	15	25	25	NUM
ftr-471	798	16	-	-	SYM
ftr-471	798	17	8	8	NUM
ftr-471	798	18	.	.	PUNCT
ftr-471	798	19	176	176	NUM
ftr-471	798	20	.	.	PUNCT
ftr-471	799	1	under	under	ADP
ftr-471	799	2	the	the	DET
ftr-471	799	3	§	§	PROPN
ftr-471	799	4	743(b	743(b	PROPN
ftr-471	799	5	)	)	PUNCT
ftr-471	799	6	regulations	regulation	NOUN
ftr-471	799	7	,	,	PUNCT
ftr-471	799	8	a	a	DET
ftr-471	799	9	partner	partner	NOUN
ftr-471	799	10	's	's	PART
ftr-471	799	11	share	share	NOUN
ftr-471	799	12	of	of	ADP
ftr-471	799	13	inside	inside	ADJ
ftr-471	799	14	basis	basis	NOUN
ftr-471	799	15	is	be	AUX
ftr-471	799	16	equal	equal	ADJ
ftr-471	799	17	to	to	ADP
ftr-471	799	18	the	the	DET
ftr-471	799	19	"	"	PUNCT
ftr-471	799	20	sum	sum	NOUN
ftr-471	799	21	of	of	ADP
ftr-471	799	22	[	[	PUNCT
ftr-471	799	23	the	the	DET
ftr-471	799	24	partner	partner	NOUN
ftr-471	799	25	's	's	PART
ftr-471	799	26	]	]	X
ftr-471	799	27	interest	interest	NOUN
ftr-471	799	28	as	as	ADP
ftr-471	799	29	a	a	DET
ftr-471	799	30	partner	partner	NOUN
ftr-471	799	31	in	in	ADP
ftr-471	799	32	partnership	partnership	NOUN
ftr-471	799	33	capital	capital	NOUN
ftr-471	799	34	and	and	CCONJ
ftr-471	799	35	surplus	surplus	NOUN
ftr-471	799	36	,	,	PUNCT
ftr-471	799	37	plus	plus	CCONJ
ftr-471	799	38	[	[	X
ftr-471	799	39	her	her	PRON
ftr-471	799	40	]	]	X
ftr-471	799	41	share	share	NOUN
ftr-471	799	42	of	of	ADP
ftr-471	799	43	partnership	partnership	NOUN
ftr-471	799	44	liabilities	liability	NOUN
ftr-471	799	45	.	.	PUNCT
ftr-471	799	46	"	"	PUNCT
ftr-471	800	1	regs	reg	NOUN
ftr-471	800	2	.	.	PUNCT
ftr-471	801	1	§	§	PROPN
ftr-471	801	2	1.743	1.743	NUM
ftr-471	801	3	-	-	SYM
ftr-471	801	4	1(b)(1	1(b)(1	NUM
ftr-471	801	5	)	)	PUNCT
ftr-471	802	1	;	;	PUNCT
ftr-471	802	2	see	see	VERB
ftr-471	802	3	prop	prop	NOUN
ftr-471	802	4	.	.	PUNCT
ftr-471	803	1	regs	regs	PROPN
ftr-471	803	2	.	.	PUNCT
ftr-471	804	1	§	§	PROPN
ftr-471	804	2	1.743	1.743	NUM
ftr-471	804	3	-	-	SYM
ftr-471	804	4	1(d)(1	1(d)(1	NUM
ftr-471	804	5	)	)	PUNCT
ftr-471	804	6	under	under	ADP
ftr-471	804	7	which	which	PRON
ftr-471	804	8	a	a	DET
ftr-471	804	9	partner	partner	NOUN
ftr-471	804	10	's	's	PART
ftr-471	804	11	share	share	NOUN
ftr-471	804	12	of	of	ADP
ftr-471	804	13	inside	inside	ADJ
ftr-471	804	14	basis	basis	NOUN
ftr-471	804	15	is	be	AUX
ftr-471	804	16	equal	equal	ADJ
ftr-471	804	17	to	to	ADP
ftr-471	804	18	the	the	DET
ftr-471	804	19	"	"	PUNCT
ftr-471	804	20	sum	sum	NOUN
ftr-471	804	21	of	of	ADP
ftr-471	804	22	the	the	DET
ftr-471	804	23	transferee	transferee	NOUN
ftr-471	804	24	's	's	PART
ftr-471	804	25	interest	interest	NOUN
ftr-471	804	26	as	as	ADP
ftr-471	804	27	a	a	DET
ftr-471	804	28	partner	partner	NOUN
ftr-471	804	29	19981	19981	NUM
ftr-471	804	30	florida	florida	PROPN
ftr-471	804	31	tax	tax	PROPN
ftr-471	804	32	review	review	NOUN
ftr-471	804	33	"	"	PUNCT
ftr-471	804	34	equal	equal	ADJ
ftr-471	804	35	to	to	ADP
ftr-471	804	36	the	the	DET
ftr-471	804	37	difference	difference	NOUN
ftr-471	804	38	between	between	ADP
ftr-471	804	39	(	(	PUNCT
ftr-471	804	40	1	1	X
ftr-471	804	41	)	)	PUNCT
ftr-471	804	42	the	the	DET
ftr-471	804	43	amount	amount	NOUN
ftr-471	804	44	of	of	ADP
ftr-471	804	45	money	money	NOUN
ftr-471	804	46	plus	plus	CCONJ
ftr-471	804	47	the	the	DET
ftr-471	804	48	inside	inside	ADJ
ftr-471	804	49	basis	basis	NOUN
ftr-471	804	50	of	of	ADP
ftr-471	804	51	other	other	ADJ
ftr-471	804	52	property	property	NOUN
ftr-471	804	53	distributed	distribute	VERB
ftr-471	804	54	and	and	CCONJ
ftr-471	804	55	(	(	PUNCT
ftr-471	804	56	2	2	X
ftr-471	804	57	)	)	PUNCT
ftr-471	804	58	the	the	DET
ftr-471	804	59	reduction	reduction	NOUN
ftr-471	804	60	in	in	ADP
ftr-471	804	61	the	the	DET
ftr-471	804	62	distributee	distributee	NOUN
ftr-471	804	63	's	's	PART
ftr-471	804	64	share	share	NOUN
ftr-471	804	65	of	of	ADP
ftr-471	804	66	inside	inside	ADJ
ftr-471	804	67	basis	basis	NOUN
ftr-471	804	68	resulting	result	VERB
ftr-471	804	69	from	from	ADP
ftr-471	804	70	the	the	DET
ftr-471	804	71	distribution	distribution	NOUN
ftr-471	804	72	.	.	PUNCT
ftr-471	805	1	"'77	"'77	NOUN
ftr-471	805	2	the	the	DET
ftr-471	805	3	andrews	andrews	PROPN
ftr-471	805	4	proposals	proposal	NOUN
ftr-471	805	5	would	would	AUX
ftr-471	805	6	expand	expand	VERB
ftr-471	805	7	the	the	DET
ftr-471	805	8	categories	category	NOUN
ftr-471	805	9	of	of	ADP
ftr-471	805	10	section	section	NOUN
ftr-471	805	11	751	751	NUM
ftr-471	805	12	property	property	NOUN
ftr-471	805	13	from	from	ADP
ftr-471	805	14	two	two	NUM
ftr-471	805	15	(	(	PUNCT
ftr-471	805	16	hot	hot	ADJ
ftr-471	805	17	assets	asset	NOUN
ftr-471	805	18	and	and	CCONJ
ftr-471	805	19	other	other	ADJ
ftr-471	805	20	property	property	NOUN
ftr-471	805	21	)	)	PUNCT
ftr-471	805	22	to	to	ADP
ftr-471	805	23	three	three	NUM
ftr-471	805	24	by	by	ADP
ftr-471	805	25	adding	add	VERB
ftr-471	805	26	depreciable	depreciable	ADJ
ftr-471	805	27	property	property	NOUN
ftr-471	805	28	as	as	ADP
ftr-471	805	29	a	a	DET
ftr-471	805	30	separate	separate	ADJ
ftr-471	805	31	class	class	NOUN
ftr-471	805	32	of	of	ADP
ftr-471	805	33	"	"	PUNCT
ftr-471	805	34	tepid	tepid	ADJ
ftr-471	805	35	assets	asset	NOUN
ftr-471	805	36	.	.	PUNCT
ftr-471	806	1	178	178	NUM
ftr-471	806	2	such	such	ADJ
ftr-471	806	3	property	property	NOUN
ftr-471	806	4	would	would	AUX
ftr-471	806	5	occupy	occupy	VERB
ftr-471	806	6	an	an	DET
ftr-471	806	7	intermediate	intermediate	ADJ
ftr-471	806	8	position	position	NOUN
ftr-471	806	9	in	in	ADP
ftr-471	806	10	the	the	DET
ftr-471	806	11	continuum	continuum	NOUN
ftr-471	806	12	between	between	ADP
ftr-471	806	13	hot	hot	ADJ
ftr-471	806	14	assets	asset	NOUN
ftr-471	806	15	(	(	PUNCT
ftr-471	806	16	unrealized	unrealized	ADJ
ftr-471	806	17	receivables	receivables	NOUN
ftr-471	806	18	and	and	CCONJ
ftr-471	806	19	inventory	inventory	NOUN
ftr-471	806	20	)	)	PUNCT
ftr-471	806	21	and	and	CCONJ
ftr-471	806	22	cold	cold	ADJ
ftr-471	806	23	assets	asset	NOUN
ftr-471	806	24	(	(	PUNCT
ftr-471	806	25	nondepreciable	nondepreciable	ADJ
ftr-471	806	26	capital	capital	NOUN
ftr-471	806	27	gain	gain	VERB
ftr-471	806	28	assets).'79	assets).'79	NOUN
ftr-471	806	29	since	since	SCONJ
ftr-471	806	30	depreciation	depreciation	NOUN
ftr-471	806	31	recapture	recapture	NOUN
ftr-471	806	32	would	would	AUX
ftr-471	806	33	continue	continue	VERB
ftr-471	806	34	to	to	PART
ftr-471	806	35	be	be	AUX
ftr-471	806	36	treated	treat	VERB
ftr-471	806	37	as	as	ADP
ftr-471	806	38	an	an	DET
ftr-471	806	39	unrealized	unrealized	ADJ
ftr-471	806	40	receivable	receivable	NOUN
ftr-471	806	41	,	,	PUNCT
ftr-471	806	42	this	this	DET
ftr-471	806	43	change	change	NOUN
ftr-471	806	44	would	would	AUX
ftr-471	806	45	affect	affect	VERB
ftr-471	806	46	primarily	primarily	ADV
ftr-471	806	47	section	section	NOUN
ftr-471	806	48	1250	1250	NUM
ftr-471	806	49	real	real	ADJ
ftr-471	806	50	property	property	NOUN
ftr-471	806	51	.	.	PUNCT
ftr-471	807	1	8	8	NUM
ftr-471	807	2	'	'	NUM
ftr-471	807	3	the	the	DET
ftr-471	807	4	purpose	purpose	NOUN
ftr-471	807	5	of	of	ADP
ftr-471	807	6	these	these	DET
ftr-471	807	7	rules	rule	NOUN
ftr-471	807	8	is	be	AUX
ftr-471	807	9	to	to	PART
ftr-471	807	10	"	"	PUNCT
ftr-471	807	11	prohibit	prohibit	VERB
ftr-471	807	12	reallocation	reallocation	NOUN
ftr-471	807	13	of	of	ADP
ftr-471	807	14	basis	basis	NOUN
ftr-471	807	15	from	from	ADP
ftr-471	807	16	nondepreciable	nondepreciable	ADJ
ftr-471	807	17	capital	capital	NOUN
ftr-471	807	18	assets	asset	NOUN
ftr-471	807	19	to	to	PART
ftr-471	807	20	depreciable	depreciable	VERB
ftr-471	807	21	property	property	NOUN
ftr-471	807	22	,	,	PUNCT
ftr-471	807	23	as	as	ADV
ftr-471	807	24	well	well	ADV
ftr-471	807	25	as	as	ADP
ftr-471	807	26	reallocation	reallocation	NOUN
ftr-471	807	27	from	from	ADP
ftr-471	807	28	capital	capital	NOUN
ftr-471	807	29	gain	gain	NOUN
ftr-471	807	30	to	to	ADP
ftr-471	807	31	ordinary	ordinary	ADJ
ftr-471	807	32	income	income	NOUN
ftr-471	807	33	property	property	NOUN
ftr-471	807	34	.	.	PUNCT
ftr-471	807	35	''	''	PUNCT
ftr-471	807	36	.	.	PUNCT
ftr-471	808	1	although	although	SCONJ
ftr-471	808	2	additional	additional	ADJ
ftr-471	808	3	categories	category	NOUN
ftr-471	808	4	of	of	ADP
ftr-471	808	5	assets	asset	NOUN
ftr-471	808	6	would	would	AUX
ftr-471	808	7	permit	permit	VERB
ftr-471	808	8	even	even	ADV
ftr-471	808	9	finer	fine	ADJ
ftr-471	808	10	distinctions	distinction	NOUN
ftr-471	808	11	to	to	PART
ftr-471	808	12	be	be	AUX
ftr-471	808	13	drawn	draw	VERB
ftr-471	808	14	,	,	PUNCT
ftr-471	808	15	the	the	DET
ftr-471	808	16	improved	improved	ADJ
ftr-471	808	17	accuracy	accuracy	NOUN
ftr-471	808	18	might	might	AUX
ftr-471	808	19	not	not	PART
ftr-471	808	20	warrant	warrant	VERB
ftr-471	808	21	the	the	DET
ftr-471	808	22	resulting	result	VERB
ftr-471	808	23	complexity	complexity	NOUN
ftr-471	808	24	.	.	PUNCT
ftr-471	809	1	'82	'82	PROPN
ftr-471	809	2	the	the	DET
ftr-471	809	3	andrews	andrews	PROPN
ftr-471	809	4	proposals	proposal	NOUN
ftr-471	809	5	would	would	AUX
ftr-471	809	6	also	also	ADV
ftr-471	809	7	modify	modify	VERB
ftr-471	809	8	the	the	DET
ftr-471	809	9	manner	manner	NOUN
ftr-471	809	10	in	in	ADP
ftr-471	809	11	which	which	PRON
ftr-471	809	12	basis	basis	NOUN
ftr-471	809	13	is	be	AUX
ftr-471	809	14	allocated	allocate	VERB
ftr-471	809	15	among	among	ADP
ftr-471	809	16	distributed	distribute	VERB
ftr-471	809	17	assets	asset	NOUN
ftr-471	809	18	so	so	SCONJ
ftr-471	809	19	that	that	SCONJ
ftr-471	809	20	the	the	DET
ftr-471	809	21	rules	rule	NOUN
ftr-471	809	22	would	would	AUX
ftr-471	809	23	parallel	parallel	VERB
ftr-471	809	24	those	those	PRON
ftr-471	809	25	for	for	ADP
ftr-471	809	26	allocating	allocate	VERB
ftr-471	809	27	inside	inside	ADP
ftr-471	809	28	basis	basis	NOUN
ftr-471	809	29	adjustments	adjustment	NOUN
ftr-471	809	30	.	.	PUNCT
ftr-471	810	1	8	8	NUM
ftr-471	810	2	3	3	NUM
ftr-471	810	3	under	under	ADP
ftr-471	810	4	proposed	propose	VERB
ftr-471	810	5	section	section	NOUN
ftr-471	810	6	732(c	732(c	PROPN
ftr-471	810	7	)	)	PUNCT
ftr-471	810	8	,	,	PUNCT
ftr-471	810	9	each	each	DET
ftr-471	810	10	distributed	distribute	VERB
ftr-471	810	11	asset	asset	NOUN
ftr-471	810	12	would	would	AUX
ftr-471	810	13	initially	initially	ADV
ftr-471	810	14	take	take	VERB
ftr-471	810	15	a	a	DET
ftr-471	810	16	basis	basis	NOUN
ftr-471	810	17	in	in	ADP
ftr-471	810	18	the	the	DET
ftr-471	810	19	distributee	distributee	NOUN
ftr-471	810	20	's	's	PART
ftr-471	810	21	hands	hand	NOUN
ftr-471	810	22	equal	equal	ADJ
ftr-471	810	23	to	to	ADP
ftr-471	810	24	its	its	PRON
ftr-471	810	25	basis	basis	NOUN
ftr-471	810	26	in	in	ADP
ftr-471	810	27	the	the	DET
ftr-471	810	28	partnership	partnership	NOUN
ftr-471	810	29	's	's	PART
ftr-471	810	30	hands	hand	NOUN
ftr-471	810	31	;	;	PUNCT
ftr-471	810	32	any	any	DET
ftr-471	810	33	required	require	VERB
ftr-471	810	34	adjustments	adjustment	NOUN
ftr-471	810	35	to	to	ADP
ftr-471	810	36	basis	basis	NOUN
ftr-471	810	37	would	would	AUX
ftr-471	810	38	then	then	ADV
ftr-471	810	39	be	be	AUX
ftr-471	810	40	allocated	allocate	VERB
ftr-471	810	41	under	under	ADP
ftr-471	810	42	the	the	DET
ftr-471	810	43	rules	rule	NOUN
ftr-471	810	44	of	of	ADP
ftr-471	810	45	proposed	propose	VERB
ftr-471	810	46	section	section	NOUN
ftr-471	810	47	755.'14	755.'14	NUM
ftr-471	810	48	thus	thus	ADV
ftr-471	810	49	,	,	PUNCT
ftr-471	810	50	the	the	DET
ftr-471	810	51	basis	basis	NOUN
ftr-471	810	52	allocation	allocation	NOUN
ftr-471	810	53	rules	rule	NOUN
ftr-471	810	54	of	of	ADP
ftr-471	810	55	section	section	NOUN
ftr-471	810	56	732(c	732(c	PROPN
ftr-471	810	57	)	)	PUNCT
ftr-471	810	58	would	would	AUX
ftr-471	810	59	be	be	AUX
ftr-471	810	60	conformed	conform	VERB
ftr-471	810	61	to	to	ADP
ftr-471	810	62	those	those	PRON
ftr-471	810	63	of	of	ADP
ftr-471	810	64	section	section	NOUN
ftr-471	810	65	755	755	NUM
ftr-471	810	66	.	.	PUNCT
ftr-471	810	67	b.	b.	PROPN
ftr-471	810	68	complete	complete	ADJ
ftr-471	810	69	or	or	CCONJ
ftr-471	810	70	partial	partial	ADJ
ftr-471	810	71	liquidations	liquidation	NOUN
ftr-471	810	72	involving	involve	VERB
ftr-471	810	73	hot	hot	ADJ
ftr-471	810	74	asset	asset	NOUN
ftr-471	810	75	exchanges	exchange	NOUN
ftr-471	810	76	1	1	NUM
ftr-471	810	77	.	.	PUNCT
ftr-471	811	1	complete	complete	VERB
ftr-471	811	2	liquidations.-although	liquidations.-although	PROPN
ftr-471	811	3	the	the	DET
ftr-471	811	4	andrews	andrews	PROPN
ftr-471	811	5	proposals	proposal	NOUN
ftr-471	811	6	are	be	AUX
ftr-471	811	7	technically	technically	ADV
ftr-471	811	8	complex	complex	ADJ
ftr-471	811	9	,	,	PUNCT
ftr-471	811	10	they	they	PRON
ftr-471	811	11	can	can	AUX
ftr-471	811	12	be	be	AUX
ftr-471	811	13	illustrated	illustrate	VERB
ftr-471	811	14	relatively	relatively	ADV
ftr-471	811	15	simply	simply	ADV
ftr-471	811	16	in	in	ADP
ftr-471	811	17	the	the	DET
ftr-471	811	18	context	context	NOUN
ftr-471	811	19	in	in	ADP
ftr-471	811	20	the	the	DET
ftr-471	811	21	partnership	partnership	NOUN
ftr-471	811	22	's	's	PART
ftr-471	811	23	previously	previously	ADV
ftr-471	811	24	taxed	tax	VERB
ftr-471	811	25	capital	capital	NOUN
ftr-471	811	26	,	,	PUNCT
ftr-471	811	27	plus	plus	CCONJ
ftr-471	811	28	the	the	DET
ftr-471	811	29	transferee	transferee	NOUN
ftr-471	811	30	's	's	PART
ftr-471	811	31	share	share	NOUN
ftr-471	811	32	of	of	ADP
ftr-471	811	33	partnership	partnership	NOUN
ftr-471	811	34	liabilities	liability	NOUN
ftr-471	811	35	.	.	PUNCT
ftr-471	811	36	"	"	PUNCT
ftr-471	812	1	since	since	SCONJ
ftr-471	812	2	partnership	partnership	NOUN
ftr-471	812	3	liabilities	liability	NOUN
ftr-471	812	4	generally	generally	ADV
ftr-471	812	5	cancel	cancel	VERB
ftr-471	812	6	out	out	ADP
ftr-471	812	7	,	,	PUNCT
ftr-471	812	8	the	the	DET
ftr-471	812	9	amount	amount	NOUN
ftr-471	812	10	of	of	ADP
ftr-471	812	11	the	the	DET
ftr-471	812	12	§	§	PROPN
ftr-471	812	13	734(b	734(b	PROPN
ftr-471	812	14	)	)	PUNCT
ftr-471	812	15	adjustment	adjustment	NOUN
ftr-471	812	16	may	may	AUX
ftr-471	812	17	be	be	AUX
ftr-471	812	18	determined	determine	VERB
ftr-471	812	19	by	by	ADP
ftr-471	812	20	comparing	compare	VERB
ftr-471	812	21	the	the	DET
ftr-471	812	22	amount	amount	NOUN
ftr-471	812	23	of	of	ADP
ftr-471	812	24	cash	cash	NOUN
ftr-471	812	25	and	and	CCONJ
ftr-471	812	26	the	the	DET
ftr-471	812	27	basis	basis	NOUN
ftr-471	812	28	of	of	ADP
ftr-471	812	29	property	property	NOUN
ftr-471	812	30	distributed	distribute	VERB
ftr-471	812	31	with	with	ADP
ftr-471	812	32	the	the	DET
ftr-471	812	33	distributee	distributee	NOUN
ftr-471	812	34	partner	partner	NOUN
ftr-471	812	35	's	's	PART
ftr-471	812	36	interest	interest	NOUN
ftr-471	812	37	in	in	ADP
ftr-471	812	38	partnership	partnership	NOUN
ftr-471	812	39	capital	capital	NOUN
ftr-471	812	40	computed	compute	VERB
ftr-471	812	41	on	on	ADP
ftr-471	812	42	a	a	DET
ftr-471	812	43	tax	tax	NOUN
ftr-471	812	44	(	(	PUNCT
ftr-471	812	45	rather	rather	ADV
ftr-471	812	46	than	than	ADP
ftr-471	812	47	book	book	NOUN
ftr-471	812	48	)	)	PUNCT
ftr-471	812	49	basis	basis	NOUN
ftr-471	812	50	.	.	PUNCT
ftr-471	813	1	see	see	VERB
ftr-471	813	2	andrews	andrews	PROPN
ftr-471	813	3	,	,	PUNCT
ftr-471	813	4	supra	supra	PROPN
ftr-471	813	5	note	note	PROPN
ftr-471	813	6	12	12	NUM
ftr-471	813	7	,	,	PUNCT
ftr-471	813	8	at	at	ADP
ftr-471	813	9	13	13	NUM
ftr-471	813	10	n.45	n.45	NOUN
ftr-471	813	11	.	.	PROPN
ftr-471	813	12	177	177	NUM
ftr-471	813	13	.	.	PUNCT
ftr-471	814	1	see	see	PROPN
ftr-471	814	2	andrews	andrews	PROPN
ftr-471	814	3	,	,	PUNCT
ftr-471	814	4	supra	supra	PROPN
ftr-471	814	5	note	note	PROPN
ftr-471	814	6	12	12	NUM
ftr-471	814	7	,	,	PUNCT
ftr-471	814	8	at	at	ADP
ftr-471	814	9	22	22	NUM
ftr-471	814	10	.	.	PUNCT
ftr-471	815	1	the	the	DET
ftr-471	815	2	proposed	propose	VERB
ftr-471	815	3	method	method	NOUN
ftr-471	815	4	of	of	ADP
ftr-471	815	5	determining	determine	VERB
ftr-471	815	6	the	the	DET
ftr-471	815	7	§	§	PROPN
ftr-471	815	8	734(b	734(b	PROPN
ftr-471	815	9	)	)	PUNCT
ftr-471	815	10	adjustment	adjustment	NOUN
ftr-471	815	11	also	also	ADV
ftr-471	815	12	reaches	reach	VERB
ftr-471	815	13	the	the	DET
ftr-471	815	14	correct	correct	ADJ
ftr-471	815	15	result	result	NOUN
ftr-471	815	16	when	when	SCONJ
ftr-471	815	17	§	§	PROPN
ftr-471	815	18	704(c	704(c	PROPN
ftr-471	815	19	)	)	PUNCT
ftr-471	815	20	allocations	allocation	NOUN
ftr-471	815	21	are	be	AUX
ftr-471	815	22	present	present	ADJ
ftr-471	815	23	.	.	PUNCT
ftr-471	816	1	see	see	VERB
ftr-471	816	2	cunningham	cunningham	PROPN
ftr-471	816	3	,	,	PUNCT
ftr-471	816	4	supra	supra	PROPN
ftr-471	816	5	note	note	NOUN
ftr-471	816	6	12	12	NUM
ftr-471	816	7	,	,	PUNCT
ftr-471	816	8	at	at	ADP
ftr-471	816	9	81	81	NUM
ftr-471	816	10	n.14	n.14	NOUN
ftr-471	816	11	.	.	PROPN
ftr-471	816	12	178	178	NUM
ftr-471	816	13	.	.	PUNCT
ftr-471	817	1	see	see	PROPN
ftr-471	817	2	andrews	andrews	PROPN
ftr-471	817	3	,	,	PUNCT
ftr-471	817	4	supra	supra	PROPN
ftr-471	817	5	note	note	PROPN
ftr-471	817	6	12	12	NUM
ftr-471	817	7	,	,	PUNCT
ftr-471	817	8	at	at	ADP
ftr-471	817	9	53	53	NUM
ftr-471	817	10	-	-	SYM
ftr-471	817	11	54	54	NUM
ftr-471	817	12	.	.	PUNCT
ftr-471	818	1	179	179	NUM
ftr-471	818	2	.	.	PUNCT
ftr-471	819	1	see	see	VERB
ftr-471	819	2	i	i	PRON
ftr-471	819	3	d.	d.	PROPN
ftr-471	819	4	at	at	ADP
ftr-471	819	5	53	53	NUM
ftr-471	819	6	.	.	PUNCT
ftr-471	820	1	180	180	NUM
ftr-471	820	2	.	.	PUNCT
ftr-471	821	1	see	see	VERB
ftr-471	821	2	i	i	PRON
ftr-471	821	3	d.	d.	PROPN
ftr-471	821	4	at	at	ADP
ftr-471	821	5	53	53	NUM
ftr-471	821	6	-	-	SYM
ftr-471	821	7	54	54	NUM
ftr-471	821	8	;	;	PUNCT
ftr-471	821	9	cunningham	cunningham	PROPN
ftr-471	821	10	,	,	PUNCT
ftr-471	821	11	supra	supra	PROPN
ftr-471	821	12	note	note	NOUN
ftr-471	821	13	12	12	NUM
ftr-471	821	14	,	,	PUNCT
ftr-471	821	15	at	at	ADP
ftr-471	821	16	92	92	NUM
ftr-471	821	17	.	.	PUNCT
ftr-471	822	1	181	181	NUM
ftr-471	822	2	.	.	PUNCT
ftr-471	823	1	andrews	andrews	PROPN
ftr-471	823	2	,	,	PUNCT
ftr-471	823	3	supra	supra	PROPN
ftr-471	823	4	note	note	PROPN
ftr-471	823	5	12	12	NUM
ftr-471	823	6	,	,	PUNCT
ftr-471	823	7	at	at	ADP
ftr-471	823	8	38	38	NUM
ftr-471	823	9	.	.	NOUN
ftr-471	823	10	182	182	NUM
ftr-471	823	11	.	.	PUNCT
ftr-471	824	1	see	see	VERB
ftr-471	824	2	i	i	PRON
ftr-471	824	3	d.	d.	PROPN
ftr-471	824	4	at	at	ADP
ftr-471	824	5	54	54	NUM
ftr-471	824	6	.	.	PUNCT
ftr-471	825	1	183	183	NUM
ftr-471	825	2	.	.	PUNCT
ftr-471	826	1	see	see	VERB
ftr-471	826	2	i	i	PRON
ftr-471	826	3	d.	d.	PROPN
ftr-471	826	4	at	at	ADP
ftr-471	826	5	31	31	NUM
ftr-471	826	6	,	,	PUNCT
ftr-471	826	7	40	40	NUM
ftr-471	826	8	.	.	PUNCT
ftr-471	827	1	184	184	X
ftr-471	827	2	.	.	PUNCT
ftr-471	828	1	see	see	VERB
ftr-471	828	2	i	i	PRON
ftr-471	828	3	d.	d.	PROPN
ftr-471	828	4	at	at	ADP
ftr-471	828	5	40	40	NUM
ftr-471	828	6	.	.	PUNCT
ftr-471	829	1	accordingly	accordingly	ADV
ftr-471	829	2	,	,	PUNCT
ftr-471	829	3	§	§	PROPN
ftr-471	829	4	732(c	732(c	PROPN
ftr-471	829	5	)	)	PUNCT
ftr-471	829	6	adjustments	adjustment	NOUN
ftr-471	829	7	would	would	AUX
ftr-471	829	8	be	be	AUX
ftr-471	829	9	determined	determine	VERB
ftr-471	829	10	partly	partly	ADV
ftr-471	829	11	by	by	ADP
ftr-471	829	12	reference	reference	NOUN
ftr-471	829	13	to	to	ADP
ftr-471	829	14	the	the	DET
ftr-471	829	15	fair	fair	ADJ
ftr-471	829	16	market	market	NOUN
ftr-471	829	17	value	value	NOUN
ftr-471	829	18	of	of	ADP
ftr-471	829	19	distributed	distribute	VERB
ftr-471	829	20	property	property	NOUN
ftr-471	829	21	.	.	PUNCT
ftr-471	830	1	see	see	VERB
ftr-471	830	2	irc	irc	PROPN
ftr-471	830	3	§	§	PROPN
ftr-471	830	4	732(c	732(c	PROPN
ftr-471	830	5	)	)	PUNCT
ftr-471	830	6	(	(	PUNCT
ftr-471	830	7	as	as	SCONJ
ftr-471	830	8	amended	amend	VERB
ftr-471	830	9	by	by	ADP
ftr-471	830	10	the	the	DET
ftr-471	830	11	1997	1997	NUM
ftr-471	830	12	act	act	NOUN
ftr-471	830	13	)	)	PUNCT
ftr-471	830	14	.	.	PUNCT
ftr-471	831	1	[	[	X
ftr-471	831	2	vol	vol	NOUN
ftr-471	831	3	3:12	3:12	NUM
ftr-471	831	4	partnership	partnership	NOUN
ftr-471	831	5	distributions	distribution	NOUN
ftr-471	831	6	:	:	PUNCT
ftr-471	831	7	options	option	NOUN
ftr-471	831	8	for	for	ADP
ftr-471	831	9	reform	reform	NOUN
ftr-471	831	10	of	of	ADP
ftr-471	831	11	a	a	DET
ftr-471	831	12	distribution	distribution	NOUN
ftr-471	831	13	in	in	ADP
ftr-471	831	14	complete	complete	ADJ
ftr-471	831	15	liquidation	liquidation	NOUN
ftr-471	831	16	of	of	ADP
ftr-471	831	17	a	a	DET
ftr-471	831	18	partner	partner	NOUN
ftr-471	831	19	's	's	PART
ftr-471	831	20	interest	interest	NOUN
ftr-471	831	21	.	.	PUNCT
ftr-471	831	22	assume	assume	VERB
ftr-471	831	23	that	that	SCONJ
ftr-471	831	24	the	the	DET
ftr-471	831	25	equal	equal	ADJ
ftr-471	831	26	abc	abc	PROPN
ftr-471	831	27	general	general	PROPN
ftr-471	831	28	partnership	partnership	PROPN
ftr-471	831	29	distributes	distribute	VERB
ftr-471	831	30	$	$	SYM
ftr-471	831	31	400	400	NUM
ftr-471	831	32	cash	cash	NOUN
ftr-471	831	33	and	and	CCONJ
ftr-471	831	34	depreciable	depreciable	ADJ
ftr-471	831	35	real	real	ADJ
ftr-471	831	36	property	property	NOUN
ftr-471	831	37	worth	worth	ADJ
ftr-471	831	38	$	$	SYM
ftr-471	831	39	300	300	NUM
ftr-471	831	40	to	to	ADP
ftr-471	831	41	a	a	PRON
ftr-471	831	42	in	in	ADP
ftr-471	831	43	complete	complete	ADJ
ftr-471	831	44	liquidation	liquidation	NOUN
ftr-471	831	45	of	of	ADP
ftr-471	831	46	her	her	PRON
ftr-471	831	47	partnership	partnership	NOUN
ftr-471	831	48	interest	interest	NOUN
ftr-471	831	49	when	when	SCONJ
ftr-471	831	50	abc	abc	PROPN
ftr-471	831	51	has	have	VERB
ftr-471	831	52	the	the	DET
ftr-471	831	53	following	follow	VERB
ftr-471	831	54	balance	balance	NOUN
ftr-471	831	55	sheet	sheet	NOUN
ftr-471	831	56	:	:	PUNCT
ftr-471	831	57	assets	asset	NOUN
ftr-471	831	58	basis	basis	NOUN
ftr-471	831	59	value	value	NOUN
ftr-471	831	60	capital	capital	NOUN
ftr-471	831	61	basis	basis	NOUN
ftr-471	831	62	value	value	NOUN
ftr-471	831	63	cash	cash	NOUN
ftr-471	831	64	$	$	SYM
ftr-471	831	65	700	700	NUM
ftr-471	831	66	$	$	SYM
ftr-471	831	67	700	700	NUM
ftr-471	831	68	a	a	DET
ftr-471	831	69	$	$	SYM
ftr-471	831	70	500	500	NUM
ftr-471	831	71	$	$	SYM
ftr-471	831	72	700	700	NUM
ftr-471	831	73	inventory	inventory	NOUN
ftr-471	831	74	180	180	NUM
ftr-471	831	75	300	300	NUM
ftr-471	831	76	b	b	SYM
ftr-471	831	77	500	500	NUM
ftr-471	831	78	700	700	NUM
ftr-471	831	79	real	real	ADJ
ftr-471	831	80	property	property	NOUN
ftr-471	831	81	60	60	NUM
ftr-471	831	82	300	300	NUM
ftr-471	831	83	c	c	NOUN
ftr-471	831	84	500	500	NUM
ftr-471	831	85	700	700	NUM
ftr-471	831	86	securities	security	NOUN
ftr-471	831	87	560	560	NUM
ftr-471	831	88	800	800	NUM
ftr-471	831	89	total	total	NOUN
ftr-471	831	90	$	$	SYM
ftr-471	831	91	1500	1500	NUM
ftr-471	831	92	$	$	SYM
ftr-471	831	93	2100	2100	NUM
ftr-471	831	94	total	total	ADJ
ftr-471	831	95	$	$	SYM
ftr-471	831	96	1500	1500	NUM
ftr-471	831	97	$	$	SYM
ftr-471	831	98	2100	2100	NUM
ftr-471	831	99	following	follow	VERB
ftr-471	831	100	the	the	DET
ftr-471	831	101	distribution	distribution	NOUN
ftr-471	831	102	,	,	PUNCT
ftr-471	831	103	a	a	PRON
ftr-471	831	104	and	and	CCONJ
ftr-471	831	105	the	the	DET
ftr-471	831	106	continuing	continue	VERB
ftr-471	831	107	bc	bc	PROPN
ftr-471	831	108	partnership	partnership	PROPN
ftr-471	831	109	would	would	AUX
ftr-471	831	110	be	be	AUX
ftr-471	831	111	required	require	VERB
ftr-471	831	112	to	to	PART
ftr-471	831	113	adjust	adjust	VERB
ftr-471	831	114	their	their	PRON
ftr-471	831	115	bases	basis	NOUN
ftr-471	831	116	in	in	ADP
ftr-471	831	117	the	the	DET
ftr-471	831	118	distributed	distribute	VERB
ftr-471	831	119	and	and	CCONJ
ftr-471	831	120	retained	retain	VERB
ftr-471	831	121	assets	asset	NOUN
ftr-471	831	122	to	to	PART
ftr-471	831	123	reflect	reflect	VERB
ftr-471	831	124	increases	increase	NOUN
ftr-471	831	125	(	(	PUNCT
ftr-471	831	126	or	or	CCONJ
ftr-471	831	127	decreases	decrease	VERB
ftr-471	831	128	)	)	PUNCT
ftr-471	831	129	in	in	ADP
ftr-471	831	130	their	their	PRON
ftr-471	831	131	respective	respective	ADJ
ftr-471	831	132	shares	share	NOUN
ftr-471	831	133	of	of	ADP
ftr-471	831	134	appreciation	appreciation	NOUN
ftr-471	831	135	in	in	ADP
ftr-471	831	136	each	each	DET
ftr-471	831	137	category	category	NOUN
ftr-471	831	138	of	of	ADP
ftr-471	831	139	assets.18	assets.18	PROPN
ftr-471	831	140	5	5	NUM
ftr-471	831	141	under	under	ADP
ftr-471	831	142	proposed	propose	VERB
ftr-471	831	143	section	section	NOUN
ftr-471	831	144	732(c	732(c	PROPN
ftr-471	831	145	)	)	PUNCT
ftr-471	831	146	,	,	PUNCT
ftr-471	831	147	a	a	PRON
ftr-471	831	148	would	would	AUX
ftr-471	831	149	initially	initially	ADV
ftr-471	831	150	take	take	VERB
ftr-471	831	151	a	a	DET
ftr-471	831	152	basis	basis	NOUN
ftr-471	831	153	in	in	ADP
ftr-471	831	154	the	the	DET
ftr-471	831	155	real	real	ADJ
ftr-471	831	156	property	property	NOUN
ftr-471	831	157	equal	equal	ADJ
ftr-471	831	158	to	to	ADP
ftr-471	831	159	the	the	DET
ftr-471	831	160	partnership	partnership	NOUN
ftr-471	831	161	's	's	PART
ftr-471	831	162	basis	basis	NOUN
ftr-471	831	163	in	in	ADP
ftr-471	831	164	the	the	DET
ftr-471	831	165	distributed	distribute	VERB
ftr-471	831	166	property	property	NOUN
ftr-471	831	167	(	(	PUNCT
ftr-471	831	168	$	$	SYM
ftr-471	831	169	60	60	NUM
ftr-471	831	170	)	)	PUNCT
ftr-471	831	171	.	.	PUNCT
ftr-471	832	1	the	the	DET
ftr-471	832	2	required	require	VERB
ftr-471	832	3	section	section	NOUN
ftr-471	832	4	751	751	NUM
ftr-471	832	5	adjustments	adjustment	NOUN
ftr-471	832	6	would	would	AUX
ftr-471	832	7	be	be	AUX
ftr-471	832	8	equal	equal	ADJ
ftr-471	832	9	to	to	ADP
ftr-471	832	10	the	the	DET
ftr-471	832	11	net	net	ADJ
ftr-471	832	12	increase	increase	NOUN
ftr-471	832	13	(	(	PUNCT
ftr-471	832	14	decrease	decrease	NOUN
ftr-471	832	15	)	)	PUNCT
ftr-471	832	16	in	in	ADP
ftr-471	832	17	a	a	PRON
ftr-471	832	18	's	's	PART
ftr-471	832	19	share	share	NOUN
ftr-471	832	20	of	of	ADP
ftr-471	832	21	unrealized	unrealized	ADJ
ftr-471	832	22	appreciation	appreciation	NOUN
ftr-471	832	23	in	in	ADP
ftr-471	832	24	each	each	DET
ftr-471	832	25	category	category	NOUN
ftr-471	832	26	of	of	ADP
ftr-471	832	27	property	property	NOUN
ftr-471	832	28	.	.	PUNCT
ftr-471	833	1	8	8	NUM
ftr-471	833	2	6	6	NUM
ftr-471	833	3	the	the	DET
ftr-471	833	4	$	$	SYM
ftr-471	833	5	160	160	NUM
ftr-471	833	6	positive	positive	ADJ
ftr-471	833	7	adjustment	adjustment	NOUN
ftr-471	833	8	for	for	ADP
ftr-471	833	9	tepid	tepid	ADJ
ftr-471	833	10	assets	asset	NOUN
ftr-471	833	11	would	would	AUX
ftr-471	833	12	increase	increase	VERB
ftr-471	833	13	a	a	PRON
ftr-471	833	14	's	's	PART
ftr-471	833	15	basis	basis	NOUN
ftr-471	833	16	in	in	ADP
ftr-471	833	17	the	the	DET
ftr-471	833	18	real	real	ADJ
ftr-471	833	19	property	property	NOUN
ftr-471	833	20	from	from	ADP
ftr-471	833	21	$	$	SYM
ftr-471	833	22	60	60	NUM
ftr-471	833	23	to	to	PART
ftr-471	833	24	$	$	SYM
ftr-471	833	25	220	220	NUM
ftr-471	833	26	,	,	PUNCT
ftr-471	833	27	preserving	preserve	VERB
ftr-471	833	28	her	her	PRON
ftr-471	833	29	predistribution	predistribution	NOUN
ftr-471	833	30	share	share	NOUN
ftr-471	833	31	of	of	ADP
ftr-471	833	32	appreciation	appreciation	NOUN
ftr-471	833	33	in	in	ADP
ftr-471	833	34	tepid	tepid	ADJ
ftr-471	833	35	assets	asset	NOUN
ftr-471	833	36	(	(	PUNCT
ftr-471	833	37	$	$	SYM
ftr-471	833	38	80	80	NUM
ftr-471	833	39	)	)	PUNCT
ftr-471	833	40	.	.	PUNCT
ftr-471	834	1	since	since	SCONJ
ftr-471	834	2	a	a	PRON
ftr-471	834	3	received	receive	VERB
ftr-471	834	4	no	no	DET
ftr-471	834	5	property	property	NOUN
ftr-471	834	6	other	other	ADJ
ftr-471	834	7	than	than	ADP
ftr-471	834	8	cash	cash	NOUN
ftr-471	834	9	and	and	CCONJ
ftr-471	834	10	tepid	tepid	ADJ
ftr-471	834	11	assets	asset	NOUN
ftr-471	834	12	,	,	PUNCT
ftr-471	834	13	the	the	PRON
ftr-471	834	14	prevented	prevent	VERB
ftr-471	834	15	negative	negative	ADJ
ftr-471	834	16	adjustments	adjustment	NOUN
ftr-471	834	17	for	for	ADP
ftr-471	834	18	hot	hot	ADJ
ftr-471	834	19	and	and	CCONJ
ftr-471	834	20	cold	cold	ADJ
ftr-471	834	21	assets	asset	NOUN
ftr-471	834	22	potentially	potentially	ADV
ftr-471	834	23	trigger	trigger	NOUN
ftr-471	834	24	recognition	recognition	NOUN
ftr-471	834	25	of	of	ADP
ftr-471	834	26	income	income	NOUN
ftr-471	834	27	.	.	PUNCT
ftr-471	835	1	a	a	PRON
ftr-471	835	2	must	must	AUX
ftr-471	835	3	recognize	recognize	VERB
ftr-471	835	4	$	$	SYM
ftr-471	835	5	40	40	NUM
ftr-471	835	6	of	of	ADP
ftr-471	835	7	ordinary	ordinary	ADJ
ftr-471	835	8	hot	hot	ADJ
ftr-471	835	9	asset	asset	NOUN
ftr-471	835	10	gain	gain	NOUN
ftr-471	835	11	.	.	PUNCT
ftr-471	836	1	'87	'87	X
ftr-471	836	2	to	to	PART
ftr-471	836	3	avoid	avoid	VERB
ftr-471	836	4	immediate	immediate	ADJ
ftr-471	836	5	recognition	recognition	NOUN
ftr-471	836	6	185	185	NUM
ftr-471	836	7	.	.	PUNCT
ftr-471	837	1	prior	prior	ADV
ftr-471	837	2	to	to	ADP
ftr-471	837	3	any	any	DET
ftr-471	837	4	required	required	ADJ
ftr-471	837	5	basis	basis	NOUN
ftr-471	837	6	adjustments	adjustment	NOUN
ftr-471	837	7	,	,	PUNCT
ftr-471	837	8	the	the	DET
ftr-471	837	9	offsetting	offset	VERB
ftr-471	837	10	increases	increase	NOUN
ftr-471	837	11	(	(	PUNCT
ftr-471	837	12	decreases	decrease	NOUN
ftr-471	837	13	)	)	PUNCT
ftr-471	837	14	in	in	ADP
ftr-471	837	15	the	the	DET
ftr-471	837	16	partners	partner	NOUN
ftr-471	837	17	'	'	PART
ftr-471	837	18	respective	respective	ADJ
ftr-471	837	19	shares	share	NOUN
ftr-471	837	20	of	of	ADP
ftr-471	837	21	appreciation	appreciation	NOUN
ftr-471	837	22	in	in	ADP
ftr-471	837	23	each	each	DET
ftr-471	837	24	category	category	NOUN
ftr-471	837	25	of	of	ADP
ftr-471	837	26	assets	asset	NOUN
ftr-471	837	27	can	can	AUX
ftr-471	837	28	be	be	AUX
ftr-471	837	29	determined	determine	VERB
ftr-471	837	30	as	as	SCONJ
ftr-471	837	31	follows	follow	VERB
ftr-471	837	32	:	:	PUNCT
ftr-471	837	33	exchange	exchange	NOUN
ftr-471	837	34	chart	chart	NOUN
ftr-471	837	35	withdrawing	withdraw	VERB
ftr-471	837	36	increase	increase	NOUN
ftr-471	837	37	continuing	continue	VERB
ftr-471	837	38	bc	bc	PROPN
ftr-471	837	39	increase	increase	PROPN
ftr-471	837	40	partner	partner	NOUN
ftr-471	837	41	a	a	PRON
ftr-471	837	42	before	before	ADV
ftr-471	837	43	after	after	ADP
ftr-471	837	44	(	(	PUNCT
ftr-471	837	45	decrease	decrease	NOUN
ftr-471	837	46	)	)	PUNCT
ftr-471	837	47	partnership	partnership	NOUN
ftr-471	837	48	before	before	ADP
ftr-471	837	49	after	after	ADP
ftr-471	837	50	(	(	PUNCT
ftr-471	837	51	decrease	decrease	NOUN
ftr-471	837	52	)	)	PUNCT
ftr-471	837	53	hot	hot	ADJ
ftr-471	837	54	assets	asset	NOUN
ftr-471	837	55	$	$	SYM
ftr-471	837	56	40	40	NUM
ftr-471	837	57	$	$	SYM
ftr-471	837	58	0	0	NUM
ftr-471	837	59	(	(	PUNCT
ftr-471	837	60	$	$	SYM
ftr-471	837	61	40	40	NUM
ftr-471	837	62	)	)	PUNCT
ftr-471	837	63	hot	hot	ADJ
ftr-471	837	64	assets	asset	NOUN
ftr-471	837	65	$	$	SYM
ftr-471	837	66	80	80	NUM
ftr-471	837	67	s120	s120	PROPN
ftr-471	837	68	s40	s40	NOUN
ftr-471	837	69	tepid	tepid	ADJ
ftr-471	837	70	assets	asset	NOUN
ftr-471	837	71	80	80	NUM
ftr-471	837	72	240	240	NUM
ftr-471	837	73	160	160	NUM
ftr-471	837	74	tepid	tepid	ADJ
ftr-471	837	75	assets	asset	NOUN
ftr-471	837	76	160	160	NUM
ftr-471	837	77	0	0	NUM
ftr-471	837	78	(	(	PUNCT
ftr-471	837	79	160	160	NUM
ftr-471	837	80	)	)	PUNCT
ftr-471	837	81	cold	cold	ADJ
ftr-471	837	82	assets	asset	NOUN
ftr-471	837	83	80	80	NUM
ftr-471	837	84	0	0	NUM
ftr-471	837	85	(	(	PUNCT
ftr-471	837	86	80	80	NUM
ftr-471	837	87	)	)	PUNCT
ftr-471	837	88	cold	cold	ADJ
ftr-471	837	89	assets	asset	NOUN
ftr-471	837	90	160	160	NUM
ftr-471	837	91	240	240	NUM
ftr-471	837	92	80	80	NUM
ftr-471	837	93	compare	compare	NOUN
ftr-471	837	94	cunningham	cunningham	PROPN
ftr-471	837	95	,	,	PUNCT
ftr-471	837	96	supra	supra	PROPN
ftr-471	837	97	note	note	PROPN
ftr-471	837	98	12	12	NUM
ftr-471	837	99	,	,	PUNCT
ftr-471	837	100	at	at	ADP
ftr-471	837	101	93	93	NUM
ftr-471	837	102	(	(	PUNCT
ftr-471	837	103	"	"	PUNCT
ftr-471	837	104	appreciation	appreciation	NOUN
ftr-471	837	105	chart	chart	NOUN
ftr-471	837	106	"	"	PUNCT
ftr-471	837	107	)	)	PUNCT
ftr-471	837	108	with	with	ADP
ftr-471	837	109	mckee	mckee	PROPN
ftr-471	837	110	et	et	PROPN
ftr-471	837	111	al	al	PROPN
ftr-471	837	112	..	..	PROPN
ftr-471	837	113	supra	supra	PROPN
ftr-471	837	114	note	note	PROPN
ftr-471	837	115	19	19	NUM
ftr-471	837	116	,	,	PUNCT
ftr-471	837	117	21.03[3	21.03[3	PRON
ftr-471	837	118	]	]	X
ftr-471	837	119	,	,	PUNCT
ftr-471	837	120	at	at	ADP
ftr-471	837	121	21	21	NUM
ftr-471	837	122	-	-	SYM
ftr-471	837	123	14	14	NUM
ftr-471	837	124	to	to	PART
ftr-471	837	125	21	21	NUM
ftr-471	837	126	-	-	SYM
ftr-471	837	127	15	15	NUM
ftr-471	837	128	(	(	PUNCT
ftr-471	837	129	"	"	PUNCT
ftr-471	837	130	partnership	partnership	NOUN
ftr-471	837	131	exchange	exchange	NOUN
ftr-471	837	132	table	table	NOUN
ftr-471	837	133	"	"	PUNCT
ftr-471	837	134	)	)	PUNCT
ftr-471	837	135	.	.	PUNCT
ftr-471	838	1	186	186	NUM
ftr-471	838	2	.	.	PUNCT
ftr-471	839	1	the	the	DET
ftr-471	839	2	difference	difference	NOUN
ftr-471	839	3	between	between	ADP
ftr-471	839	4	a	a	DET
ftr-471	839	5	's	's	PART
ftr-471	839	6	outside	outside	ADJ
ftr-471	839	7	basis	basis	NOUN
ftr-471	839	8	(	(	PUNCT
ftr-471	839	9	s500	s500	PROPN
ftr-471	839	10	)	)	PUNCT
ftr-471	839	11	and	and	CCONJ
ftr-471	839	12	the	the	DET
ftr-471	839	13	partnership	partnership	NOUN
ftr-471	839	14	's	's	PART
ftr-471	839	15	basis	basis	NOUN
ftr-471	839	16	in	in	ADP
ftr-471	839	17	the	the	DET
ftr-471	839	18	distributed	distribute	VERB
ftr-471	839	19	property	property	NOUN
ftr-471	839	20	(	(	PUNCT
ftr-471	839	21	$	$	SYM
ftr-471	839	22	460	460	NUM
ftr-471	839	23	)	)	PUNCT
ftr-471	839	24	is	be	AUX
ftr-471	839	25	equal	equal	ADJ
ftr-471	839	26	to	to	ADP
ftr-471	839	27	the	the	DET
ftr-471	839	28	net	net	ADJ
ftr-471	839	29	increase	increase	NOUN
ftr-471	839	30	(	(	PUNCT
ftr-471	839	31	decrease	decrease	NOUN
ftr-471	839	32	)	)	PUNCT
ftr-471	839	33	in	in	ADP
ftr-471	839	34	shares	share	NOUN
ftr-471	839	35	of	of	ADP
ftr-471	839	36	unrealized	unrealized	ADJ
ftr-471	839	37	appreciation	appreciation	NOUN
ftr-471	839	38	with	with	ADP
ftr-471	839	39	respect	respect	NOUN
ftr-471	839	40	to	to	ADP
ftr-471	839	41	a	a	PRON
ftr-471	839	42	and	and	CCONJ
ftr-471	839	43	the	the	DET
ftr-471	839	44	partnership	partnership	NOUN
ftr-471	839	45	.	.	PUNCT
ftr-471	840	1	187	187	NUM
ftr-471	840	2	.	.	PUNCT
ftr-471	841	1	under	under	ADP
ftr-471	841	2	proposed	propose	VERB
ftr-471	841	3	§	§	PROPN
ftr-471	841	4	755	755	NUM
ftr-471	841	5	,	,	PUNCT
ftr-471	841	6	the	the	DET
ftr-471	841	7	basis	basis	NOUN
ftr-471	841	8	of	of	ADP
ftr-471	841	9	"	"	PUNCT
ftr-471	841	10	cooler	cooler	ADJ
ftr-471	841	11	"	"	PUNCT
ftr-471	841	12	property	property	NOUN
ftr-471	841	13	may	may	AUX
ftr-471	841	14	not	not	PART
ftr-471	841	15	be	be	AUX
ftr-471	841	16	reduced	reduce	VERB
ftr-471	841	17	to	to	PART
ftr-471	841	18	avoid	avoid	VERB
ftr-471	841	19	immediate	immediate	ADJ
ftr-471	841	20	recognition	recognition	NOUN
ftr-471	841	21	of	of	ADP
ftr-471	841	22	gain	gain	NOUN
ftr-471	841	23	.	.	PUNCT
ftr-471	842	1	see	see	VERB
ftr-471	842	2	andrews	andrews	PROPN
ftr-471	842	3	.	.	PUNCT
ftr-471	843	1	supra	supra	PROPN
ftr-471	843	2	note	note	PROPN
ftr-471	843	3	12	12	NUM
ftr-471	843	4	,	,	PUNCT
ftr-471	843	5	at	at	ADP
ftr-471	843	6	38	38	NUM
ftr-471	843	7	-	-	SYM
ftr-471	843	8	39	39	NUM
ftr-471	843	9	.	.	PUNCT
ftr-471	844	1	19981	19981	NUM
ftr-471	844	2	florida	florida	PROPN
ftr-471	844	3	tax	tax	NOUN
ftr-471	844	4	review	review	NOUN
ftr-471	844	5	of	of	ADP
ftr-471	844	6	$	$	SYM
ftr-471	844	7	80	80	NUM
ftr-471	844	8	of	of	ADP
ftr-471	844	9	cold	cold	ADJ
ftr-471	844	10	asset	asset	NOUN
ftr-471	844	11	gain	gain	NOUN
ftr-471	844	12	,	,	PUNCT
ftr-471	844	13	however	however	ADV
ftr-471	844	14	,	,	PUNCT
ftr-471	844	15	a	a	PRON
ftr-471	844	16	may	may	AUX
ftr-471	844	17	elect	elect	VERB
ftr-471	844	18	to	to	PART
ftr-471	844	19	reduce	reduce	VERB
ftr-471	844	20	her	her	PRON
ftr-471	844	21	basis	basis	NOUN
ftr-471	844	22	in	in	ADP
ftr-471	844	23	the	the	DET
ftr-471	844	24	real	real	ADJ
ftr-471	844	25	property	property	NOUN
ftr-471	844	26	from	from	ADP
ftr-471	844	27	$	$	SYM
ftr-471	844	28	220	220	NUM
ftr-471	844	29	to	to	PART
ftr-471	844	30	$	$	SYM
ftr-471	844	31	140	140	NUM
ftr-471	844	32	.	.	PUNCT
ftr-471	844	33	188	188	NUM
ftr-471	844	34	with	with	ADP
ftr-471	844	35	respect	respect	NOUN
ftr-471	844	36	to	to	ADP
ftr-471	844	37	the	the	DET
ftr-471	844	38	bc	bc	PROPN
ftr-471	844	39	partnership	partnership	PROPN
ftr-471	844	40	,	,	PUNCT
ftr-471	844	41	the	the	DET
ftr-471	844	42	$	$	SYM
ftr-471	844	43	40	40	NUM
ftr-471	844	44	positive	positive	ADJ
ftr-471	844	45	adjustment	adjustment	NOUN
ftr-471	844	46	for	for	ADP
ftr-471	844	47	hot	hot	ADJ
ftr-471	844	48	assets	asset	NOUN
ftr-471	844	49	increases	increase	VERB
ftr-471	844	50	the	the	DET
ftr-471	844	51	basis	basis	NOUN
ftr-471	844	52	of	of	ADP
ftr-471	844	53	the	the	DET
ftr-471	844	54	inventory	inventory	NOUN
ftr-471	844	55	from	from	ADP
ftr-471	844	56	to	to	ADP
ftr-471	844	57	$	$	SYM
ftr-471	844	58	180	180	NUM
ftr-471	844	59	to	to	PART
ftr-471	844	60	$	$	SYM
ftr-471	844	61	220	220	NUM
ftr-471	844	62	.	.	PUNCT
ftr-471	845	1	the	the	DET
ftr-471	845	2	$	$	SYM
ftr-471	845	3	80	80	NUM
ftr-471	845	4	positive	positive	ADJ
ftr-471	845	5	adjustment	adjustment	NOUN
ftr-471	845	6	for	for	ADP
ftr-471	845	7	cold	cold	ADJ
ftr-471	845	8	asset	asset	NOUN
ftr-471	845	9	appreciation	appreciation	NOUN
ftr-471	845	10	increases	increase	VERB
ftr-471	845	11	the	the	DET
ftr-471	845	12	basis	basis	NOUN
ftr-471	845	13	of	of	ADP
ftr-471	845	14	the	the	DET
ftr-471	845	15	securities	security	NOUN
ftr-471	845	16	from	from	ADP
ftr-471	845	17	$	$	SYM
ftr-471	845	18	560	560	NUM
ftr-471	845	19	to	to	PART
ftr-471	845	20	$	$	SYM
ftr-471	845	21	640	640	NUM
ftr-471	845	22	.	.	PUNCT
ftr-471	846	1	since	since	SCONJ
ftr-471	846	2	the	the	DET
ftr-471	846	3	bc	bc	PROPN
ftr-471	846	4	partnership	partnership	NOUN
ftr-471	846	5	does	do	AUX
ftr-471	846	6	not	not	PART
ftr-471	846	7	hold	hold	VERB
ftr-471	846	8	any	any	DET
ftr-471	846	9	tepid	tepid	ADJ
ftr-471	846	10	assets	asset	NOUN
ftr-471	846	11	after	after	ADP
ftr-471	846	12	the	the	DET
ftr-471	846	13	distribution	distribution	NOUN
ftr-471	846	14	,	,	PUNCT
ftr-471	846	15	the	the	DET
ftr-471	846	16	$	$	SYM
ftr-471	846	17	160	160	NUM
ftr-471	846	18	negative	negative	ADJ
ftr-471	846	19	adjustment	adjustment	NOUN
ftr-471	846	20	to	to	ADP
ftr-471	846	21	tepid	tepid	ADJ
ftr-471	846	22	assets	asset	NOUN
ftr-471	846	23	triggers	trigger	NOUN
ftr-471	846	24	gain	gain	VERB
ftr-471	846	25	,	,	PUNCT
ftr-471	846	26	unless	unless	SCONJ
ftr-471	846	27	the	the	DET
ftr-471	846	28	partnership	partnership	NOUN
ftr-471	846	29	elects	elect	VERB
ftr-471	846	30	instead	instead	ADV
ftr-471	846	31	to	to	PART
ftr-471	846	32	reduce	reduce	VERB
ftr-471	846	33	the	the	DET
ftr-471	846	34	basis	basis	NOUN
ftr-471	846	35	of	of	ADP
ftr-471	846	36	the	the	DET
ftr-471	846	37	inventory	inventory	NOUN
ftr-471	846	38	from	from	ADP
ftr-471	846	39	$	$	SYM
ftr-471	846	40	220	220	NUM
ftr-471	846	41	to	to	PART
ftr-471	846	42	$	$	SYM
ftr-471	846	43	60	60	NUM
ftr-471	846	44	.	.	PUNCT
ftr-471	847	1	assuming	assume	VERB
ftr-471	847	2	such	such	DET
ftr-471	847	3	an	an	DET
ftr-471	847	4	election	election	NOUN
ftr-471	847	5	,	,	PUNCT
ftr-471	847	6	the	the	DET
ftr-471	847	7	bc	bc	PROPN
ftr-471	847	8	partnership	partnership	PROPN
ftr-471	847	9	's	's	PART
ftr-471	847	10	post	post	ADJ
ftr-471	847	11	-	-	ADJ
ftr-471	847	12	distribution	distribution	ADJ
ftr-471	847	13	balance	balance	NOUN
ftr-471	847	14	sheet	sheet	NOUN
ftr-471	847	15	would	would	AUX
ftr-471	847	16	be	be	AUX
ftr-471	847	17	as	as	SCONJ
ftr-471	847	18	follows	follow	VERB
ftr-471	847	19	:	:	PUNCT
ftr-471	847	20	assets	asset	NOUN
ftr-471	847	21	basis	basis	NOUN
ftr-471	847	22	value	value	NOUN
ftr-471	847	23	capital	capital	NOUN
ftr-471	847	24	basis	basis	NOUN
ftr-471	847	25	value	value	NOUN
ftr-471	847	26	cash	cash	NOUN
ftr-471	847	27	$	$	SYM
ftr-471	847	28	300	300	NUM
ftr-471	847	29	$	$	SYM
ftr-471	847	30	300	300	NUM
ftr-471	847	31	b	b	NUM
ftr-471	847	32	$	$	SYM
ftr-471	847	33	500	500	NUM
ftr-471	847	34	$	$	SYM
ftr-471	847	35	700	700	NUM
ftr-471	847	36	inventory	inventory	NOUN
ftr-471	847	37	60	60	NUM
ftr-471	847	38	300	300	NUM
ftr-471	847	39	c	c	NOUN
ftr-471	847	40	500	500	NUM
ftr-471	847	41	700	700	NUM
ftr-471	847	42	securities	security	NOUN
ftr-471	847	43	640	640	NUM
ftr-471	847	44	800	800	NUM
ftr-471	847	45	total	total	NOUN
ftr-471	847	46	$	$	SYM
ftr-471	847	47	1000	1000	NUM
ftr-471	847	48	$	$	SYM
ftr-471	847	49	1400	1400	NUM
ftr-471	847	50	total	total	NOUN
ftr-471	847	51	$	$	SYM
ftr-471	847	52	1000	1000	NUM
ftr-471	847	53	$	$	SYM
ftr-471	847	54	1400	1400	NUM
ftr-471	847	55	b	b	NOUN
ftr-471	847	56	and	and	CCONJ
ftr-471	847	57	c	c	PROPN
ftr-471	847	58	each	each	PRON
ftr-471	847	59	continue	continue	VERB
ftr-471	847	60	to	to	PART
ftr-471	847	61	have	have	VERB
ftr-471	847	62	a	a	DET
ftr-471	847	63	$	$	SYM
ftr-471	847	64	200	200	NUM
ftr-471	847	65	share	share	NOUN
ftr-471	847	66	of	of	ADP
ftr-471	847	67	unrealized	unrealized	ADJ
ftr-471	847	68	appreciation	appreciation	NOUN
ftr-471	847	69	in	in	ADP
ftr-471	847	70	partnership	partnership	NOUN
ftr-471	847	71	assets	asset	NOUN
ftr-471	847	72	(	(	PUNCT
ftr-471	847	73	two	two	NUM
ftr-471	847	74	-	-	PUNCT
ftr-471	847	75	thirds	third	NOUN
ftr-471	847	76	of	of	ADP
ftr-471	847	77	the	the	DET
ftr-471	847	78	partnership	partnership	NOUN
ftr-471	847	79	's	's	PART
ftr-471	847	80	pre	pre	ADJ
ftr-471	847	81	-	-	ADJ
ftr-471	847	82	distribution	distribution	ADJ
ftr-471	847	83	unrealized	unrealized	ADJ
ftr-471	847	84	appreciation	appreciation	NOUN
ftr-471	847	85	)	)	PUNCT
ftr-471	847	86	.	.	PUNCT
ftr-471	848	1	2	2	X
ftr-471	848	2	.	.	X
ftr-471	848	3	partial	partial	ADJ
ftr-471	848	4	liquidations.-the	liquidations.-the	DET
ftr-471	848	5	andrews	andrews	PROPN
ftr-471	848	6	proposals	proposal	NOUN
ftr-471	848	7	would	would	AUX
ftr-471	848	8	treat	treat	VERB
ftr-471	848	9	a	a	DET
ftr-471	848	10	redemption	redemption	NOUN
ftr-471	848	11	of	of	ADP
ftr-471	848	12	a	a	DET
ftr-471	848	13	portion	portion	NOUN
ftr-471	848	14	of	of	ADP
ftr-471	848	15	a	a	DET
ftr-471	848	16	partner	partner	NOUN
ftr-471	848	17	's	's	PART
ftr-471	848	18	partnership	partnership	NOUN
ftr-471	848	19	interest	interest	NOUN
ftr-471	848	20	as	as	ADP
ftr-471	848	21	a	a	DET
ftr-471	848	22	partial	partial	ADJ
ftr-471	848	23	liquidation	liquidation	NOUN
ftr-471	848	24	.	.	PUNCT
ftr-471	849	1	"5	"5	NOUN
ftr-471	849	2	9	9	NUM
ftr-471	849	3	as	as	ADP
ftr-471	849	4	under	under	ADP
ftr-471	849	5	the	the	DET
ftr-471	849	6	deemed	deem	VERB
ftr-471	849	7	-	-	PUNCT
ftr-471	849	8	sale	sale	NOUN
ftr-471	849	9	approach	approach	NOUN
ftr-471	849	10	,	,	PUNCT
ftr-471	849	11	the	the	DET
ftr-471	849	12	distributee	distributee	NOUN
ftr-471	849	13	's	's	PART
ftr-471	849	14	partnership	partnership	NOUN
ftr-471	849	15	interest	interest	NOUN
ftr-471	849	16	would	would	AUX
ftr-471	849	17	be	be	AUX
ftr-471	849	18	bifurcated	bifurcate	VERB
ftr-471	849	19	into	into	ADP
ftr-471	849	20	a	a	DET
ftr-471	849	21	redeemed	redeem	VERB
ftr-471	849	22	and	and	CCONJ
ftr-471	849	23	a	a	DET
ftr-471	849	24	continuing	continue	VERB
ftr-471	849	25	interest	interest	NOUN
ftr-471	849	26	.	.	PUNCT
ftr-471	850	1	'9	'9	NOUN
ftr-471	850	2	°	°	PROPN
ftr-471	850	3	while	while	SCONJ
ftr-471	850	4	a	a	DET
ftr-471	850	5	complete	complete	ADJ
ftr-471	850	6	liquidation	liquidation	NOUN
ftr-471	850	7	of	of	ADP
ftr-471	850	8	a	a	DET
ftr-471	850	9	partner	partner	NOUN
ftr-471	850	10	's	's	PART
ftr-471	850	11	interest	interest	NOUN
ftr-471	850	12	leaves	leave	VERB
ftr-471	850	13	the	the	DET
ftr-471	850	14	distributee	distributee	NOUN
ftr-471	850	15	with	with	ADP
ftr-471	850	16	no	no	DET
ftr-471	850	17	outside	outside	ADJ
ftr-471	850	18	basis	basis	NOUN
ftr-471	850	19	,	,	PUNCT
ftr-471	850	20	tax	tax	NOUN
ftr-471	850	21	capital	capital	NOUN
ftr-471	850	22	account	account	NOUN
ftr-471	850	23	or	or	CCONJ
ftr-471	850	24	share	share	NOUN
ftr-471	850	25	of	of	ADP
ftr-471	850	26	inside	inside	ADJ
ftr-471	850	27	basis	basis	NOUN
ftr-471	850	28	,	,	PUNCT
ftr-471	850	29	a	a	DET
ftr-471	850	30	"	"	PUNCT
ftr-471	850	31	straight	straight	ADJ
ftr-471	850	32	-	-	PUNCT
ftr-471	850	33	up	up	ADP
ftr-471	850	34	"	"	PUNCT
ftr-471	850	35	partial	partial	ADJ
ftr-471	850	36	liquidation	liquidation	NOUN
ftr-471	850	37	removes	remove	VERB
ftr-471	850	38	only	only	ADV
ftr-471	850	39	a	a	DET
ftr-471	850	40	ratable	ratable	ADJ
ftr-471	850	41	share	share	NOUN
ftr-471	850	42	of	of	ADP
ftr-471	850	43	these	these	DET
ftr-471	850	44	amounts	amount	NOUN
ftr-471	850	45	.	.	PUNCT
ftr-471	851	1	91	91	NUM
ftr-471	852	1	the	the	DET
ftr-471	852	2	redeemed	redeem	VERB
ftr-471	852	3	portion	portion	NOUN
ftr-471	852	4	of	of	ADP
ftr-471	852	5	the	the	DET
ftr-471	852	6	distributee	distributee	NOUN
ftr-471	852	7	's	's	PART
ftr-471	852	8	partnership	partnership	NOUN
ftr-471	852	9	interest	interest	NOUN
ftr-471	852	10	would	would	AUX
ftr-471	852	11	be	be	AUX
ftr-471	852	12	determined	determine	VERB
ftr-471	852	13	by	by	ADP
ftr-471	852	14	comparing	compare	VERB
ftr-471	852	15	the	the	DET
ftr-471	852	16	value	value	NOUN
ftr-471	852	17	of	of	ADP
ftr-471	852	18	the	the	DET
ftr-471	852	19	distribution	distribution	NOUN
ftr-471	852	20	to	to	ADP
ftr-471	852	21	the	the	DET
ftr-471	852	22	total	total	ADJ
ftr-471	852	23	value	value	NOUN
ftr-471	852	24	of	of	ADP
ftr-471	852	25	such	such	ADJ
ftr-471	852	26	interest	interest	NOUN
ftr-471	852	27	,	,	PUNCT
ftr-471	852	28	and	and	CCONJ
ftr-471	852	29	the	the	DET
ftr-471	852	30	distributee	distributee	NOUN
ftr-471	852	31	's	's	PART
ftr-471	852	32	outside	outside	ADJ
ftr-471	852	33	basis	basis	NOUN
ftr-471	852	34	would	would	AUX
ftr-471	852	35	be	be	AUX
ftr-471	852	36	reallocated	reallocate	VERB
ftr-471	852	37	between	between	ADP
ftr-471	852	38	the	the	DET
ftr-471	852	39	distributed	distribute	VERB
ftr-471	852	40	property	property	NOUN
ftr-471	852	41	and	and	CCONJ
ftr-471	852	42	her	her	PRON
ftr-471	852	43	continuing	continue	VERB
ftr-471	852	44	partnership	partnership	NOUN
ftr-471	852	45	interest	interest	NOUN
ftr-471	852	46	.	.	PUNCT
ftr-471	853	1	the	the	DET
ftr-471	853	2	188	188	NUM
ftr-471	853	3	.	.	PUNCT
ftr-471	854	1	a	a	PRON
ftr-471	854	2	's	'	NOUN
ftr-471	854	3	outside	outside	ADJ
ftr-471	854	4	basis	basis	NOUN
ftr-471	854	5	(	(	PUNCT
ftr-471	854	6	$	$	SYM
ftr-471	854	7	500	500	NUM
ftr-471	854	8	)	)	PUNCT
ftr-471	854	9	is	be	AUX
ftr-471	854	10	increased	increase	VERB
ftr-471	854	11	by	by	ADP
ftr-471	854	12	the	the	DET
ftr-471	854	13	gain	gain	NOUN
ftr-471	854	14	recognized	recognize	VERB
ftr-471	854	15	(	(	PUNCT
ftr-471	854	16	$	$	SYM
ftr-471	854	17	40	40	NUM
ftr-471	854	18	)	)	PUNCT
ftr-471	854	19	and	and	CCONJ
ftr-471	854	20	decreased	decrease	VERB
ftr-471	854	21	by	by	ADP
ftr-471	854	22	the	the	DET
ftr-471	854	23	basis	basis	NOUN
ftr-471	854	24	of	of	ADP
ftr-471	854	25	the	the	DET
ftr-471	854	26	distributed	distribute	VERB
ftr-471	854	27	property	property	NOUN
ftr-471	854	28	in	in	ADP
ftr-471	854	29	a	a	PRON
ftr-471	854	30	's	's	PART
ftr-471	854	31	hands	hand	NOUN
ftr-471	854	32	(	(	PUNCT
ftr-471	854	33	$	$	SYM
ftr-471	854	34	400	400	NUM
ftr-471	854	35	cash	cash	NOUN
ftr-471	854	36	plus	plus	CCONJ
ftr-471	854	37	$	$	SYM
ftr-471	854	38	140	140	NUM
ftr-471	854	39	basis	basis	NOUN
ftr-471	854	40	of	of	ADP
ftr-471	854	41	real	real	ADJ
ftr-471	854	42	property	property	NOUN
ftr-471	854	43	)	)	PUNCT
ftr-471	854	44	.	.	PUNCT
ftr-471	855	1	on	on	ADP
ftr-471	855	2	a	a	DET
ftr-471	855	3	sale	sale	NOUN
ftr-471	855	4	of	of	ADP
ftr-471	855	5	the	the	DET
ftr-471	855	6	real	real	ADJ
ftr-471	855	7	property	property	NOUN
ftr-471	855	8	,	,	PUNCT
ftr-471	855	9	a	a	PRON
ftr-471	855	10	would	would	AUX
ftr-471	855	11	recognize	recognize	VERB
ftr-471	855	12	gain	gain	NOUN
ftr-471	855	13	of	of	ADP
ftr-471	855	14	$	$	SYM
ftr-471	855	15	160	160	NUM
ftr-471	855	16	(	(	PUNCT
ftr-471	855	17	$	$	SYM
ftr-471	855	18	300	300	NUM
ftr-471	855	19	fair	fair	ADJ
ftr-471	855	20	market	market	NOUN
ftr-471	855	21	value	value	NOUN
ftr-471	855	22	less	less	ADJ
ftr-471	855	23	$	$	SYM
ftr-471	855	24	140	140	NUM
ftr-471	855	25	basis	basis	NOUN
ftr-471	855	26	)	)	PUNCT
ftr-471	855	27	.	.	PUNCT
ftr-471	856	1	thus	thus	ADV
ftr-471	856	2	,	,	PUNCT
ftr-471	856	3	a	a	DET
ftr-471	856	4	's	's	PART
ftr-471	856	5	pre	pre	ADJ
ftr-471	856	6	-	-	ADJ
ftr-471	856	7	distribution	distribution	ADJ
ftr-471	856	8	gain	gain	NOUN
ftr-471	856	9	of	of	ADP
ftr-471	856	10	$	$	SYM
ftr-471	856	11	200	200	NUM
ftr-471	856	12	is	be	AUX
ftr-471	856	13	recognized	recognize	VERB
ftr-471	856	14	or	or	CCONJ
ftr-471	856	15	preserved	preserve	VERB
ftr-471	856	16	.	.	PUNCT
ftr-471	857	1	189	189	NUM
ftr-471	857	2	.	.	PUNCT
ftr-471	858	1	see	see	PROPN
ftr-471	858	2	andrews	andrews	PROPN
ftr-471	858	3	,	,	PUNCT
ftr-471	858	4	supra	supra	PROPN
ftr-471	858	5	note	note	PROPN
ftr-471	858	6	12	12	NUM
ftr-471	858	7	,	,	PUNCT
ftr-471	858	8	at	at	ADP
ftr-471	858	9	65	65	NUM
ftr-471	858	10	-	-	SYM
ftr-471	858	11	66	66	NUM
ftr-471	858	12	.	.	PUNCT
ftr-471	859	1	190	190	NUM
ftr-471	859	2	.	.	PUNCT
ftr-471	860	1	bifurcated	bifurcated	ADJ
ftr-471	860	2	treatment	treatment	NOUN
ftr-471	860	3	is	be	AUX
ftr-471	860	4	necessary	necessary	ADJ
ftr-471	860	5	under	under	ADP
ftr-471	860	6	both	both	DET
ftr-471	860	7	models	model	NOUN
ftr-471	860	8	to	to	PART
ftr-471	860	9	maintain	maintain	VERB
ftr-471	860	10	proportionality	proportionality	NOUN
ftr-471	860	11	between	between	ADP
ftr-471	860	12	the	the	DET
ftr-471	860	13	continuing	continue	VERB
ftr-471	860	14	partners	partner	NOUN
ftr-471	860	15	'	'	PART
ftr-471	860	16	shares	share	NOUN
ftr-471	860	17	of	of	ADP
ftr-471	860	18	unrealized	unrealized	ADJ
ftr-471	860	19	appreciation	appreciation	NOUN
ftr-471	860	20	and	and	CCONJ
ftr-471	860	21	their	their	PRON
ftr-471	860	22	post	post	ADJ
ftr-471	860	23	-	-	ADJ
ftr-471	860	24	distribution	distribution	ADJ
ftr-471	860	25	percentage	percentage	NOUN
ftr-471	860	26	interests	interest	NOUN
ftr-471	860	27	in	in	ADP
ftr-471	860	28	the	the	DET
ftr-471	860	29	partnership	partnership	NOUN
ftr-471	860	30	.	.	PUNCT
ftr-471	861	1	191	191	NUM
ftr-471	861	2	.	.	PUNCT
ftr-471	862	1	the	the	DET
ftr-471	862	2	andrews	andrews	PROPN
ftr-471	862	3	proposals	proposal	NOUN
ftr-471	862	4	may	may	AUX
ftr-471	862	5	also	also	ADV
ftr-471	862	6	be	be	AUX
ftr-471	862	7	applied	apply	VERB
ftr-471	862	8	to	to	ADP
ftr-471	862	9	more	more	ADJ
ftr-471	862	10	"	"	PUNCT
ftr-471	862	11	irregular	irregular	ADJ
ftr-471	862	12	distributions	distribution	NOUN
ftr-471	862	13	"	"	PUNCT
ftr-471	862	14	in	in	ADP
ftr-471	862	15	which	which	PRON
ftr-471	862	16	the	the	DET
ftr-471	862	17	reduction	reduction	NOUN
ftr-471	862	18	in	in	ADP
ftr-471	862	19	the	the	DET
ftr-471	862	20	distributee	distributee	NOUN
ftr-471	862	21	's	's	PART
ftr-471	862	22	partnership	partnership	NOUN
ftr-471	862	23	interest	interest	NOUN
ftr-471	862	24	is	be	AUX
ftr-471	862	25	not	not	PART
ftr-471	862	26	strictly	strictly	ADV
ftr-471	862	27	proportional	proportional	ADJ
ftr-471	862	28	.	.	PUNCT
ftr-471	863	1	see	see	PROPN
ftr-471	863	2	andrews	andrews	PROPN
ftr-471	863	3	,	,	PUNCT
ftr-471	863	4	supra	supra	PROPN
ftr-471	863	5	note	note	PROPN
ftr-471	863	6	12	12	NUM
ftr-471	863	7	,	,	PUNCT
ftr-471	863	8	at	at	ADP
ftr-471	863	9	73	73	NUM
ftr-471	863	10	-	-	SYM
ftr-471	863	11	75	75	NUM
ftr-471	863	12	.	.	PUNCT
ftr-471	864	1	[	[	X
ftr-471	864	2	vol	vol	NOUN
ftr-471	864	3	3:12	3:12	NUM
ftr-471	864	4	partnership	partnership	NOUN
ftr-471	864	5	distributions	distribution	NOUN
ftr-471	864	6	:	:	PUNCT
ftr-471	864	7	options	option	NOUN
ftr-471	864	8	for	for	ADP
ftr-471	864	9	reform	reform	NOUN
ftr-471	864	10	partnership	partnership	NOUN
ftr-471	864	11	's	's	PART
ftr-471	864	12	basis	basis	NOUN
ftr-471	864	13	in	in	ADP
ftr-471	864	14	undistributed	undistributed	ADJ
ftr-471	864	15	assets	asset	NOUN
ftr-471	864	16	would	would	AUX
ftr-471	864	17	also	also	ADV
ftr-471	864	18	be	be	AUX
ftr-471	864	19	reallocated	reallocate	VERB
ftr-471	864	20	to	to	ADP
ftr-471	864	21	the	the	DET
ftr-471	864	22	extent	extent	NOUN
ftr-471	864	23	necessary	necessary	ADJ
ftr-471	864	24	to	to	PART
ftr-471	864	25	preserve	preserve	VERB
ftr-471	864	26	the	the	DET
ftr-471	864	27	continuing	continue	VERB
ftr-471	864	28	partners	partner	NOUN
ftr-471	864	29	'	'	PART
ftr-471	864	30	shares	share	NOUN
ftr-471	864	31	of	of	ADP
ftr-471	864	32	unrealized	unrealized	ADJ
ftr-471	864	33	appreciation	appreciation	NOUN
ftr-471	864	34	in	in	ADP
ftr-471	864	35	each	each	DET
ftr-471	864	36	class	class	NOUN
ftr-471	864	37	of	of	ADP
ftr-471	864	38	partnership	partnership	NOUN
ftr-471	864	39	property	property	NOUN
ftr-471	864	40	.	.	PUNCT
ftr-471	865	1	assume	assume	VERB
ftr-471	865	2	that	that	SCONJ
ftr-471	865	3	c	c	PROPN
ftr-471	865	4	receives	receive	VERB
ftr-471	865	5	a	a	DET
ftr-471	865	6	distribution	distribution	NOUN
ftr-471	865	7	of	of	ADP
ftr-471	865	8	depreciable	depreciable	ADJ
ftr-471	865	9	real	real	ADJ
ftr-471	865	10	property	property	NOUN
ftr-471	865	11	,	,	PUNCT
ftr-471	865	12	reducing	reduce	VERB
ftr-471	865	13	her	her	PRON
ftr-471	865	14	interest	interest	NOUN
ftr-471	865	15	in	in	ADP
ftr-471	865	16	the	the	DET
ftr-471	865	17	equal	equal	ADJ
ftr-471	865	18	abc	abc	PROPN
ftr-471	865	19	partnership	partnership	NOUN
ftr-471	865	20	from	from	ADP
ftr-471	865	21	one	one	NUM
ftr-471	865	22	-	-	PUNCT
ftr-471	865	23	third	third	NOUN
ftr-471	865	24	to	to	ADP
ftr-471	865	25	onefifth	onefifth	ADJ
ftr-471	865	26	,	,	PUNCT
ftr-471	865	27	when	when	SCONJ
ftr-471	865	28	the	the	DET
ftr-471	865	29	partnership	partnership	NOUN
ftr-471	865	30	has	have	VERB
ftr-471	865	31	the	the	DET
ftr-471	865	32	following	follow	VERB
ftr-471	865	33	balance	balance	NOUN
ftr-471	865	34	sheet	sheet	NOUN
ftr-471	865	35	:	:	PUNCT
ftr-471	865	36	assets	asset	NOUN
ftr-471	865	37	basis	basis	NOUN
ftr-471	865	38	value	value	NOUN
ftr-471	865	39	capital	capital	NOUN
ftr-471	865	40	basis	basis	NOUN
ftr-471	865	41	value	value	NOUN
ftr-471	865	42	cash	cash	NOUN
ftr-471	865	43	$	$	SYM
ftr-471	865	44	120	120	NUM
ftr-471	865	45	$	$	SYM
ftr-471	865	46	120	120	NUM
ftr-471	865	47	a	a	DET
ftr-471	865	48	$	$	SYM
ftr-471	865	49	120	120	NUM
ftr-471	865	50	$	$	SYM
ftr-471	865	51	180	180	NUM
ftr-471	865	52	inventory	inventory	NOUN
ftr-471	865	53	60	60	NUM
ftr-471	865	54	180	180	NUM
ftr-471	865	55	b	b	SYM
ftr-471	865	56	120	120	NUM
ftr-471	865	57	180	180	NUM
ftr-471	865	58	real	real	ADJ
ftr-471	865	59	property	property	NOUN
ftr-471	865	60	60	60	NUM
ftr-471	865	61	90	90	NUM
ftr-471	865	62	c	c	NOUN
ftr-471	865	63	120	120	NUM
ftr-471	865	64	180	180	NUM
ftr-471	865	65	securities	security	NOUN
ftr-471	865	66	120	120	NUM
ftr-471	865	67	150	150	NUM
ftr-471	865	68	total	total	NOUN
ftr-471	865	69	$	$	SYM
ftr-471	865	70	360	360	NUM
ftr-471	865	71	$	$	SYM
ftr-471	865	72	540	540	NUM
ftr-471	865	73	total	total	NOUN
ftr-471	865	74	$	$	SYM
ftr-471	865	75	360	360	NUM
ftr-471	865	76	$	$	SYM
ftr-471	865	77	540	540	NUM
ftr-471	865	78	c	c	NOUN
ftr-471	865	79	would	would	AUX
ftr-471	865	80	be	be	AUX
ftr-471	865	81	treated	treat	VERB
ftr-471	865	82	as	as	SCONJ
ftr-471	865	83	if	if	SCONJ
ftr-471	865	84	she	she	PRON
ftr-471	865	85	had	have	AUX
ftr-471	865	86	disposed	dispose	VERB
ftr-471	865	87	of	of	ADP
ftr-471	865	88	one	one	NUM
ftr-471	865	89	-	-	PUNCT
ftr-471	865	90	half	half	NOUN
ftr-471	865	91	of	of	ADP
ftr-471	865	92	her	her	PRON
ftr-471	865	93	partnership	partnership	NOUN
ftr-471	865	94	interest	interest	NOUN
ftr-471	865	95	based	base	VERB
ftr-471	865	96	on	on	ADP
ftr-471	865	97	the	the	DET
ftr-471	865	98	value	value	NOUN
ftr-471	865	99	of	of	ADP
ftr-471	865	100	the	the	DET
ftr-471	865	101	distribution	distribution	NOUN
ftr-471	865	102	.	.	PUNCT
ftr-471	866	1	the	the	DET
ftr-471	866	2	redeemed	redeem	VERB
ftr-471	866	3	portion	portion	NOUN
ftr-471	866	4	of	of	ADP
ftr-471	866	5	c	c	PROPN
ftr-471	866	6	's	's	PART
ftr-471	866	7	interest	interest	NOUN
ftr-471	866	8	has	have	VERB
ftr-471	866	9	a	a	DET
ftr-471	866	10	basis	basis	NOUN
ftr-471	866	11	of	of	ADP
ftr-471	866	12	$	$	SYM
ftr-471	866	13	60	60	NUM
ftr-471	866	14	and	and	CCONJ
ftr-471	866	15	a	a	DET
ftr-471	866	16	fair	fair	ADJ
ftr-471	866	17	market	market	NOUN
ftr-471	866	18	value	value	NOUN
ftr-471	866	19	of	of	ADP
ftr-471	866	20	$	$	SYM
ftr-471	866	21	90	90	NUM
ftr-471	866	22	;	;	PUNCT
ftr-471	866	23	in	in	ADP
ftr-471	866	24	exchange	exchange	NOUN
ftr-471	866	25	for	for	ADP
ftr-471	866	26	the	the	DET
ftr-471	866	27	real	real	ADJ
ftr-471	866	28	property	property	NOUN
ftr-471	866	29	,	,	PUNCT
ftr-471	866	30	c	c	PROPN
ftr-471	866	31	gives	give	VERB
ftr-471	866	32	up	up	ADP
ftr-471	866	33	a	a	DET
ftr-471	866	34	one	one	NUM
ftr-471	866	35	-	-	PUNCT
ftr-471	866	36	sixth	sixth	ADJ
ftr-471	866	37	interest	interest	NOUN
ftr-471	866	38	in	in	ADP
ftr-471	866	39	the	the	DET
ftr-471	866	40	partnership	partnership	NOUN
ftr-471	866	41	's	's	PART
ftr-471	866	42	unrealized	unrealized	ADJ
ftr-471	866	43	appreciation	appreciation	NOUN
ftr-471	866	44	in	in	ADP
ftr-471	866	45	undistributed	undistributed	ADJ
ftr-471	866	46	assets	asset	NOUN
ftr-471	866	47	.	.	PUNCT
ftr-471	866	48	'	'	PUNCT
ftr-471	867	1	92	92	NUM
ftr-471	867	2	in	in	ADP
ftr-471	867	3	c	c	PROPN
ftr-471	867	4	's	's	PART
ftr-471	867	5	hands	hand	NOUN
ftr-471	867	6	,	,	PUNCT
ftr-471	867	7	the	the	DET
ftr-471	867	8	basis	basis	NOUN
ftr-471	867	9	of	of	ADP
ftr-471	867	10	the	the	DET
ftr-471	867	11	real	real	ADJ
ftr-471	867	12	property	property	NOUN
ftr-471	867	13	would	would	AUX
ftr-471	867	14	be	be	AUX
ftr-471	867	15	increased	increase	VERB
ftr-471	867	16	from	from	ADP
ftr-471	867	17	$	$	SYM
ftr-471	867	18	60	60	NUM
ftr-471	867	19	to	to	PART
ftr-471	867	20	$	$	SYM
ftr-471	867	21	85	85	NUM
ftr-471	867	22	to	to	PART
ftr-471	867	23	reflect	reflect	VERB
ftr-471	867	24	the	the	DET
ftr-471	867	25	$	$	SYM
ftr-471	867	26	25	25	NUM
ftr-471	867	27	positive	positive	ADJ
ftr-471	867	28	adjustment	adjustment	NOUN
ftr-471	867	29	for	for	ADP
ftr-471	867	30	tepid	tepid	ADJ
ftr-471	867	31	assets	asset	NOUN
ftr-471	867	32	.	.	PUNCT
ftr-471	868	1	since	since	SCONJ
ftr-471	868	2	c	c	PROPN
ftr-471	868	3	receives	receive	VERB
ftr-471	868	4	only	only	ADV
ftr-471	868	5	tepid	tepid	ADJ
ftr-471	868	6	assets	asset	NOUN
ftr-471	868	7	,	,	PUNCT
ftr-471	868	8	the	the	PRON
ftr-471	868	9	prevented	prevent	VERB
ftr-471	868	10	negative	negative	ADJ
ftr-471	868	11	adjustment	adjustment	NOUN
ftr-471	868	12	to	to	ADP
ftr-471	868	13	hot	hot	ADJ
ftr-471	868	14	assets	asset	NOUN
ftr-471	868	15	triggers	trigger	VERB
ftr-471	868	16	$	$	SYM
ftr-471	868	17	20	20	NUM
ftr-471	868	18	of	of	ADP
ftr-471	868	19	ordinary	ordinary	ADJ
ftr-471	868	20	income	income	NOUN
ftr-471	868	21	.	.	PUNCT
ftr-471	869	1	c	c	NOUN
ftr-471	869	2	may	may	AUX
ftr-471	869	3	elect	elect	VERB
ftr-471	869	4	to	to	PART
ftr-471	869	5	reduce	reduce	VERB
ftr-471	869	6	her	her	PRON
ftr-471	869	7	basis	basis	NOUN
ftr-471	869	8	in	in	ADP
ftr-471	869	9	the	the	DET
ftr-471	869	10	real	real	ADJ
ftr-471	869	11	property	property	NOUN
ftr-471	869	12	from	from	ADP
ftr-471	869	13	$	$	SYM
ftr-471	869	14	85	85	NUM
ftr-471	869	15	to	to	PART
ftr-471	869	16	$	$	SYM
ftr-471	869	17	80	80	NUM
ftr-471	869	18	to	to	PART
ftr-471	869	19	reflect	reflect	VERB
ftr-471	869	20	the	the	DET
ftr-471	869	21	$	$	SYM
ftr-471	869	22	5	5	NUM
ftr-471	869	23	negative	negative	ADJ
ftr-471	869	24	adjustment	adjustment	NOUN
ftr-471	869	25	for	for	ADP
ftr-471	869	26	cold	cold	ADJ
ftr-471	869	27	assets	asset	NOUN
ftr-471	869	28	.	.	PUNCT
ftr-471	870	1	with	with	ADP
ftr-471	870	2	respect	respect	NOUN
ftr-471	870	3	to	to	ADP
ftr-471	870	4	the	the	DET
ftr-471	870	5	continuing	continue	VERB
ftr-471	870	6	abc	abc	PROPN
ftr-471	870	7	partnership	partnership	PROPN
ftr-471	870	8	,	,	PUNCT
ftr-471	870	9	the	the	DET
ftr-471	870	10	$	$	SYM
ftr-471	870	11	20	20	NUM
ftr-471	870	12	positive	positive	ADJ
ftr-471	870	13	adjustment	adjustment	NOUN
ftr-471	870	14	to	to	ADP
ftr-471	870	15	hot	hot	ADJ
ftr-471	870	16	assets	asset	NOUN
ftr-471	870	17	increases	increase	VERB
ftr-471	870	18	the	the	DET
ftr-471	870	19	basis	basis	NOUN
ftr-471	870	20	of	of	ADP
ftr-471	870	21	the	the	DET
ftr-471	870	22	inventory	inventory	NOUN
ftr-471	870	23	from	from	ADP
ftr-471	870	24	$	$	SYM
ftr-471	870	25	60	60	NUM
ftr-471	870	26	to	to	PART
ftr-471	870	27	$	$	SYM
ftr-471	870	28	80	80	NUM
ftr-471	870	29	.	.	PUNCT
ftr-471	871	1	the	the	DET
ftr-471	871	2	$	$	SYM
ftr-471	871	3	5	5	NUM
ftr-471	871	4	positive	positive	ADJ
ftr-471	871	5	adjustment	adjustment	NOUN
ftr-471	871	6	to	to	ADP
ftr-471	871	7	cold	cold	ADJ
ftr-471	871	8	assets	asset	NOUN
ftr-471	871	9	increases	increase	VERB
ftr-471	871	10	the	the	DET
ftr-471	871	11	basis	basis	NOUN
ftr-471	871	12	of	of	ADP
ftr-471	871	13	the	the	DET
ftr-471	871	14	securities	security	NOUN
ftr-471	871	15	from	from	ADP
ftr-471	871	16	$	$	SYM
ftr-471	871	17	120	120	NUM
ftr-471	871	18	to	to	PART
ftr-471	871	19	$	$	SYM
ftr-471	871	20	125	125	NUM
ftr-471	871	21	.	.	PUNCT
ftr-471	872	1	since	since	SCONJ
ftr-471	872	2	the	the	DET
ftr-471	872	3	partnership	partnership	NOUN
ftr-471	872	4	no	no	ADV
ftr-471	872	5	longer	long	ADV
ftr-471	872	6	holds	hold	VERB
ftr-471	872	7	any	any	DET
ftr-471	872	8	tepid	tepid	ADJ
ftr-471	872	9	assets	asset	NOUN
ftr-471	872	10	,	,	PUNCT
ftr-471	872	11	the	the	DET
ftr-471	872	12	$	$	SYM
ftr-471	872	13	25	25	NUM
ftr-471	872	14	negative	negative	ADJ
ftr-471	872	15	adjustment	adjustment	NOUN
ftr-471	872	16	for	for	ADP
ftr-471	872	17	tepid	tepid	ADJ
ftr-471	872	18	assets	asset	NOUN
ftr-471	872	19	will	will	AUX
ftr-471	872	20	trigger	trigger	VERB
ftr-471	872	21	immediate	immediate	ADJ
ftr-471	872	22	recognition	recognition	NOUN
ftr-471	872	23	of	of	ADP
ftr-471	872	24	gain	gain	NOUN
ftr-471	872	25	,	,	PUNCT
ftr-471	872	26	unless	unless	SCONJ
ftr-471	872	27	abc	abc	PROPN
ftr-471	872	28	elects	elect	VERB
ftr-471	872	29	instead	instead	ADV
ftr-471	872	30	to	to	PART
ftr-471	872	31	reduce	reduce	VERB
ftr-471	872	32	the	the	DET
ftr-471	872	33	basis	basis	NOUN
ftr-471	872	34	of	of	ADP
ftr-471	872	35	the	the	DET
ftr-471	872	36	inventory	inventory	NOUN
ftr-471	872	37	from	from	ADP
ftr-471	872	38	$	$	SYM
ftr-471	872	39	80	80	NUM
ftr-471	872	40	to	to	PART
ftr-471	872	41	$	$	SYM
ftr-471	872	42	55	55	NUM
ftr-471	872	43	.	.	PUNCT
ftr-471	873	1	assuming	assume	VERB
ftr-471	873	2	such	such	DET
ftr-471	873	3	an	an	DET
ftr-471	873	4	election	election	NOUN
ftr-471	873	5	,	,	PUNCT
ftr-471	873	6	the	the	DET
ftr-471	873	7	abc	abc	PROPN
ftr-471	873	8	partnership	partnership	PROPN
ftr-471	873	9	's	's	PART
ftr-471	873	10	postdistribution	postdistribution	NOUN
ftr-471	873	11	balance	balance	NOUN
ftr-471	873	12	sheet	sheet	NOUN
ftr-471	873	13	would	would	AUX
ftr-471	873	14	be	be	AUX
ftr-471	873	15	as	as	SCONJ
ftr-471	873	16	follows	follow	VERB
ftr-471	873	17	:	:	PUNCT
ftr-471	873	18	192	192	NUM
ftr-471	873	19	.	.	PUNCT
ftr-471	874	1	the	the	DET
ftr-471	874	2	pre	pre	ADJ
ftr-471	874	3	-	-	ADJ
ftr-471	874	4	and	and	CCONJ
ftr-471	874	5	post	post	ADJ
ftr-471	874	6	-	-	ADJ
ftr-471	874	7	distribution	distribution	ADJ
ftr-471	874	8	appreciation	appreciation	NOUN
ftr-471	874	9	in	in	ADP
ftr-471	874	10	each	each	DET
ftr-471	874	11	asset	asset	NOUN
ftr-471	874	12	category	category	NOUN
ftr-471	874	13	attributable	attributable	ADJ
ftr-471	874	14	to	to	ADP
ftr-471	874	15	c	c	PROPN
ftr-471	874	16	's	's	PART
ftr-471	874	17	redeemed	redeem	VERB
ftr-471	874	18	one	one	NUM
ftr-471	874	19	-	-	PUNCT
ftr-471	874	20	sixth	sixth	ADJ
ftr-471	874	21	interest	interest	NOUN
ftr-471	874	22	and	and	CCONJ
ftr-471	874	23	to	to	ADP
ftr-471	874	24	the	the	DET
ftr-471	874	25	continuing	continue	VERB
ftr-471	874	26	abc	abc	PROPN
ftr-471	874	27	partnership	partnership	NOUN
ftr-471	874	28	is	be	AUX
ftr-471	874	29	as	as	SCONJ
ftr-471	874	30	follows	follow	VERB
ftr-471	874	31	:	:	PUNCT
ftr-471	874	32	exchange	exchange	NOUN
ftr-471	874	33	chart	chart	NOUN
ftr-471	874	34	abc	abc	PROPN
ftr-471	874	35	c	c	PROPN
ftr-471	874	36	's	's	PART
ftr-471	874	37	redeemed	redeem	VERB
ftr-471	874	38	increase	increase	NOUN
ftr-471	874	39	partnership	partnership	NOUN
ftr-471	874	40	increase	increase	NOUN
ftr-471	874	41	interest	interest	NOUN
ftr-471	874	42	(	(	PUNCT
ftr-471	874	43	1/6	1/6	NUM
ftr-471	874	44	)	)	PUNCT
ftr-471	874	45	before	before	ADP
ftr-471	874	46	after	after	ADP
ftr-471	874	47	(	(	PUNCT
ftr-471	874	48	decrease	decrease	NOUN
ftr-471	874	49	)	)	PUNCT
ftr-471	874	50	(	(	PUNCT
ftr-471	874	51	5/6	5/6	NUM
ftr-471	874	52	)	)	PUNCT
ftr-471	874	53	before	before	ADP
ftr-471	874	54	after	after	ADP
ftr-471	874	55	(	(	PUNCT
ftr-471	874	56	decrease	decrease	NOUN
ftr-471	874	57	)	)	PUNCT
ftr-471	874	58	hot	hot	ADJ
ftr-471	874	59	assets	asset	NOUN
ftr-471	874	60	$	$	SYM
ftr-471	874	61	20	20	NUM
ftr-471	874	62	$	$	SYM
ftr-471	874	63	0	0	NUM
ftr-471	874	64	s(20	s(20	NOUN
ftr-471	874	65	)	)	PUNCT
ftr-471	874	66	hot	hot	ADJ
ftr-471	874	67	assets	asset	NOUN
ftr-471	874	68	s100	s100	PROPN
ftr-471	874	69	s120	s120	PROPN
ftr-471	874	70	s20	s20	ADJ
ftr-471	874	71	tepid	tepid	ADJ
ftr-471	874	72	assets	asset	NOUN
ftr-471	874	73	5	5	NUM
ftr-471	874	74	30	30	NUM
ftr-471	874	75	25	25	NUM
ftr-471	874	76	tepid	tepid	ADJ
ftr-471	874	77	assets	asset	NOUN
ftr-471	874	78	25	25	NUM
ftr-471	874	79	0	0	NUM
ftr-471	874	80	(	(	PUNCT
ftr-471	874	81	25	25	NUM
ftr-471	874	82	)	)	PUNCT
ftr-471	874	83	cold	cold	ADJ
ftr-471	874	84	assets	asset	NOUN
ftr-471	874	85	5	5	NUM
ftr-471	874	86	0	0	NUM
ftr-471	874	87	(	(	PUNCT
ftr-471	874	88	5	5	NUM
ftr-471	874	89	)	)	PUNCT
ftr-471	874	90	cold	cold	ADJ
ftr-471	874	91	assets	asset	NOUN
ftr-471	874	92	25	25	NUM
ftr-471	874	93	30	30	NUM
ftr-471	874	94	5	5	NUM
ftr-471	874	95	1998	1998	NUM
ftr-471	874	96	]	]	PUNCT
ftr-471	875	1	florida	florida	PROPN
ftr-471	875	2	tax	tax	PROPN
ftr-471	875	3	review	review	NOUN
ftr-471	875	4	assets	asset	NOUN
ftr-471	875	5	basis	basis	NOUN
ftr-471	875	6	value	value	NOUN
ftr-471	875	7	capital	capital	NOUN
ftr-471	875	8	basis	basis	NOUN
ftr-471	875	9	value	value	NOUN
ftr-471	875	10	cash	cash	NOUN
ftr-471	875	11	$	$	SYM
ftr-471	875	12	120	120	NUM
ftr-471	875	13	$	$	SYM
ftr-471	875	14	120	120	NUM
ftr-471	875	15	a	a	DET
ftr-471	875	16	$	$	SYM
ftr-471	875	17	120	120	NUM
ftr-471	875	18	$	$	SYM
ftr-471	875	19	180	180	NUM
ftr-471	875	20	inventory	inventory	NOUN
ftr-471	875	21	55	55	NUM
ftr-471	875	22	180	180	NUM
ftr-471	875	23	b	b	SYM
ftr-471	875	24	120	120	NUM
ftr-471	875	25	180	180	NUM
ftr-471	875	26	securities	security	NOUN
ftr-471	875	27	125	125	NUM
ftr-471	875	28	150	150	NUM
ftr-471	875	29	c	c	NOUN
ftr-471	875	30	60	60	NUM
ftr-471	875	31	90	90	NUM
ftr-471	875	32	total	total	NOUN
ftr-471	875	33	$	$	SYM
ftr-471	875	34	300	300	NUM
ftr-471	875	35	$	$	SYM
ftr-471	875	36	450	450	NUM
ftr-471	875	37	total	total	NOUN
ftr-471	875	38	$	$	SYM
ftr-471	875	39	300	300	NUM
ftr-471	875	40	$	$	SYM
ftr-471	875	41	450	450	NUM
ftr-471	875	42	each	each	DET
ftr-471	875	43	partner	partner	NOUN
ftr-471	875	44	's	's	PART
ftr-471	875	45	post	post	ADJ
ftr-471	875	46	-	-	ADJ
ftr-471	875	47	distribution	distribution	NOUN
ftr-471	875	48	outside	outside	ADJ
ftr-471	875	49	basis	basis	NOUN
ftr-471	875	50	,	,	PUNCT
ftr-471	875	51	tax	tax	NOUN
ftr-471	875	52	capital	capital	NOUN
ftr-471	875	53	account	account	NOUN
ftr-471	875	54	and	and	CCONJ
ftr-471	875	55	share	share	NOUN
ftr-471	875	56	of	of	ADP
ftr-471	875	57	inside	inside	ADJ
ftr-471	875	58	basis	basis	NOUN
ftr-471	875	59	corresponds	correspond	VERB
ftr-471	875	60	to	to	ADP
ftr-471	875	61	her	her	PRON
ftr-471	875	62	continuing	continue	VERB
ftr-471	875	63	interest	interest	NOUN
ftr-471	875	64	in	in	ADP
ftr-471	875	65	the	the	DET
ftr-471	875	66	partnership	partnership	NOUN
ftr-471	875	67	.	.	PUNCT
ftr-471	876	1	the	the	DET
ftr-471	876	2	partnership	partnership	NOUN
ftr-471	876	3	's	's	PART
ftr-471	876	4	post	post	ADJ
ftr-471	876	5	-	-	ADJ
ftr-471	876	6	distribution	distribution	ADJ
ftr-471	876	7	unrealized	unrealized	ADJ
ftr-471	876	8	appreciation	appreciation	NOUN
ftr-471	876	9	of	of	ADP
ftr-471	876	10	$	$	SYM
ftr-471	876	11	150	150	NUM
ftr-471	876	12	is	be	AUX
ftr-471	876	13	allocated	allocate	VERB
ftr-471	876	14	four	four	NUM
ftr-471	876	15	-	-	PUNCT
ftr-471	876	16	fifths	fifth	NOUN
ftr-471	876	17	to	to	ADP
ftr-471	876	18	a	a	PRON
ftr-471	876	19	and	and	CCONJ
ftr-471	876	20	b	b	NOUN
ftr-471	876	21	(	(	PUNCT
ftr-471	876	22	$	$	SYM
ftr-471	876	23	60	60	NUM
ftr-471	876	24	each	each	PRON
ftr-471	876	25	)	)	PUNCT
ftr-471	876	26	and	and	CCONJ
ftr-471	876	27	one	one	NUM
ftr-471	876	28	-	-	PUNCT
ftr-471	876	29	fifth	fifth	NOUN
ftr-471	876	30	to	to	ADP
ftr-471	876	31	c	c	PROPN
ftr-471	876	32	(	(	PUNCT
ftr-471	876	33	$	$	SYM
ftr-471	876	34	30	30	NUM
ftr-471	876	35	)	)	PUNCT
ftr-471	876	36	in	in	ADP
ftr-471	876	37	accordance	accordance	NOUN
ftr-471	876	38	with	with	ADP
ftr-471	876	39	their	their	PRON
ftr-471	876	40	continuing	continue	VERB
ftr-471	876	41	percentage	percentage	NOUN
ftr-471	876	42	interests	interest	NOUN
ftr-471	876	43	in	in	ADP
ftr-471	876	44	the	the	DET
ftr-471	876	45	partnership	partnership	NOUN
ftr-471	876	46	.	.	PUNCT
ftr-471	877	1	93	93	NUM
ftr-471	877	2	3	3	NUM
ftr-471	877	3	.	.	PUNCT
ftr-471	877	4	cash	cash	NOUN
ftr-471	877	5	distributions.-under	distributions.-under	NOUN
ftr-471	877	6	current	current	ADJ
ftr-471	877	7	law	law	NOUN
ftr-471	877	8	,	,	PUNCT
ftr-471	877	9	a	a	DET
ftr-471	877	10	cash	cash	NOUN
ftr-471	877	11	distribution	distribution	NOUN
ftr-471	877	12	must	must	AUX
ftr-471	877	13	exhaust	exhaust	VERB
ftr-471	877	14	the	the	DET
ftr-471	877	15	distributee	distributee	NOUN
ftr-471	877	16	's	's	PART
ftr-471	877	17	entire	entire	ADJ
ftr-471	877	18	outside	outside	ADJ
ftr-471	877	19	basis	basis	NOUN
ftr-471	877	20	before	before	SCONJ
ftr-471	877	21	any	any	DET
ftr-471	877	22	gain	gain	NOUN
ftr-471	877	23	is	be	AUX
ftr-471	877	24	triggered	trigger	VERB
ftr-471	877	25	.	.	PUNCT
ftr-471	878	1	194	194	NUM
ftr-471	879	1	the	the	DET
ftr-471	879	2	andrews	andrews	PROPN
ftr-471	879	3	proposals	proposal	NOUN
ftr-471	879	4	would	would	AUX
ftr-471	879	5	dramatically	dramatically	ADV
ftr-471	879	6	change	change	VERB
ftr-471	879	7	this	this	DET
ftr-471	879	8	result	result	NOUN
ftr-471	879	9	by	by	ADP
ftr-471	879	10	requiring	require	VERB
ftr-471	879	11	proportional	proportional	ADJ
ftr-471	879	12	gain	gain	NOUN
ftr-471	879	13	recognition	recognition	NOUN
ftr-471	879	14	when	when	SCONJ
ftr-471	879	15	a	a	DET
ftr-471	879	16	cash	cash	NOUN
ftr-471	879	17	distribution	distribution	NOUN
ftr-471	879	18	results	result	NOUN
ftr-471	879	19	in	in	ADP
ftr-471	879	20	a	a	DET
ftr-471	879	21	partial	partial	ADJ
ftr-471	879	22	liquidation	liquidation	NOUN
ftr-471	879	23	.	.	PUNCT
ftr-471	880	1	while	while	SCONJ
ftr-471	880	2	this	this	DET
ftr-471	880	3	result	result	NOUN
ftr-471	880	4	"	"	PUNCT
ftr-471	880	5	may	may	AUX
ftr-471	880	6	come	come	VERB
ftr-471	880	7	as	as	ADP
ftr-471	880	8	a	a	DET
ftr-471	880	9	shock	shock	NOUN
ftr-471	880	10	to	to	ADP
ftr-471	880	11	some	some	PRON
ftr-471	880	12	who	who	PRON
ftr-471	880	13	are	be	AUX
ftr-471	880	14	steeped	steep	VERB
ftr-471	880	15	in	in	ADP
ftr-471	880	16	the	the	DET
ftr-471	880	17	ways	way	NOUN
ftr-471	880	18	of	of	ADP
ftr-471	880	19	subchapter	subchapter	NOUN
ftr-471	880	20	k,"'195	k,"'195	PROPN
ftr-471	880	21	the	the	DET
ftr-471	880	22	current	current	ADJ
ftr-471	880	23	treatment	treatment	NOUN
ftr-471	880	24	of	of	ADP
ftr-471	880	25	disproportionate	disproportionate	ADJ
ftr-471	880	26	cash	cash	NOUN
ftr-471	880	27	distributions	distribution	NOUN
ftr-471	880	28	is	be	AUX
ftr-471	880	29	arguably	arguably	ADV
ftr-471	880	30	too	too	ADV
ftr-471	880	31	lenient	lenient	ADJ
ftr-471	880	32	.	.	PUNCT
ftr-471	881	1	other	other	ADJ
ftr-471	881	2	statutory	statutory	ADJ
ftr-471	881	3	nonrecognition	nonrecognition	NOUN
ftr-471	881	4	provisions	provision	NOUN
ftr-471	881	5	generally	generally	ADV
ftr-471	881	6	require	require	VERB
ftr-471	881	7	recognition	recognition	NOUN
ftr-471	881	8	of	of	ADP
ftr-471	881	9	gain	gain	NOUN
ftr-471	881	10	to	to	ADP
ftr-471	881	11	the	the	DET
ftr-471	881	12	extent	extent	NOUN
ftr-471	881	13	of	of	ADP
ftr-471	881	14	any	any	DET
ftr-471	881	15	"	"	PUNCT
ftr-471	881	16	boot	boot	NOUN
ftr-471	881	17	"	"	PUNCT
ftr-471	881	18	received	receive	VERB
ftr-471	881	19	.	.	PUNCT
ftr-471	882	1	196	196	NUM
ftr-471	882	2	therefore	therefore	ADV
ftr-471	882	3	,	,	PUNCT
ftr-471	882	4	even	even	ADV
ftr-471	882	5	proportional	proportional	ADJ
ftr-471	882	6	gain	gain	NOUN
ftr-471	882	7	recognition	recognition	NOUN
ftr-471	882	8	would	would	AUX
ftr-471	882	9	represent	represent	VERB
ftr-471	882	10	relatively	relatively	ADV
ftr-471	882	11	lenient	lenient	ADJ
ftr-471	882	12	treatment	treatment	NOUN
ftr-471	882	13	of	of	ADP
ftr-471	882	14	partnership	partnership	NOUN
ftr-471	882	15	distributions	distribution	NOUN
ftr-471	882	16	of	of	ADP
ftr-471	882	17	cash	cash	NOUN
ftr-471	882	18	.	.	PUNCT
ftr-471	883	1	"9	"9	NOUN
ftr-471	883	2	4	4	NUM
ftr-471	883	3	.	.	PUNCT
ftr-471	884	1	limit	limit	NOUN
ftr-471	884	2	on	on	ADP
ftr-471	884	3	gain	gain	NOUN
ftr-471	884	4	recognized.-the	recognized.-the	DET
ftr-471	884	5	partial	partial	ADJ
ftr-471	884	6	-	-	PUNCT
ftr-471	884	7	liquidation	liquidation	NOUN
ftr-471	884	8	approach	approach	NOUN
ftr-471	884	9	avoids	avoid	VERB
ftr-471	884	10	the	the	DET
ftr-471	884	11	need	need	NOUN
ftr-471	884	12	for	for	ADP
ftr-471	884	13	special	special	ADJ
ftr-471	884	14	allocations	allocation	NOUN
ftr-471	884	15	by	by	ADP
ftr-471	884	16	preserving	preserve	VERB
ftr-471	884	17	proportionality	proportionality	NOUN
ftr-471	884	18	between	between	ADP
ftr-471	884	19	the	the	DET
ftr-471	884	20	partners	partner	NOUN
ftr-471	884	21	'	'	PART
ftr-471	884	22	shares	share	NOUN
ftr-471	884	23	of	of	ADP
ftr-471	884	24	unrealized	unrealized	ADJ
ftr-471	884	25	gain	gain	NOUN
ftr-471	884	26	(	(	PUNCT
ftr-471	884	27	or	or	CCONJ
ftr-471	884	28	loss	loss	NOUN
ftr-471	884	29	)	)	PUNCT
ftr-471	884	30	and	and	CCONJ
ftr-471	884	31	their	their	PRON
ftr-471	884	32	continuing	continue	VERB
ftr-471	884	33	interests	interest	NOUN
ftr-471	884	34	.	.	PUNCT
ftr-471	885	1	nevertheless	nevertheless	ADV
ftr-471	885	2	,	,	PUNCT
ftr-471	885	3	partial	partial	ADJ
ftr-471	885	4	-	-	PUNCT
ftr-471	885	5	liquidation	liquidation	NOUN
ftr-471	885	6	treatment	treatment	NOUN
ftr-471	885	7	may	may	AUX
ftr-471	885	8	have	have	VERB
ftr-471	885	9	unexpectedly	unexpectedly	ADV
ftr-471	885	10	harsh	harsh	ADJ
ftr-471	885	11	consequences	consequence	NOUN
ftr-471	885	12	in	in	ADP
ftr-471	885	13	the	the	DET
ftr-471	885	14	case	case	NOUN
ftr-471	885	15	of	of	ADP
ftr-471	885	16	a	a	DET
ftr-471	885	17	small	small	ADJ
ftr-471	885	18	redemption	redemption	NOUN
ftr-471	885	19	of	of	ADP
ftr-471	885	20	a	a	DET
ftr-471	885	21	majority	majority	NOUN
ftr-471	885	22	partner	partner	NOUN
ftr-471	885	23	's	's	PART
ftr-471	885	24	interest	interest	NOUN
ftr-471	885	25	.	.	PUNCT
ftr-471	886	1	the	the	PRON
ftr-471	886	2	larger	large	ADJ
ftr-471	886	3	the	the	DET
ftr-471	886	4	distributee	distributee	NOUN
ftr-471	886	5	's	's	PART
ftr-471	886	6	retained	retain	VERB
ftr-471	886	7	interest	interest	NOUN
ftr-471	886	8	in	in	ADP
ftr-471	886	9	the	the	DET
ftr-471	886	10	partnership	partnership	NOUN
ftr-471	886	11	,	,	PUNCT
ftr-471	886	12	the	the	PRON
ftr-471	886	13	greater	great	ADJ
ftr-471	886	14	the	the	DET
ftr-471	886	15	disparity	disparity	NOUN
ftr-471	886	16	between	between	ADP
ftr-471	886	17	the	the	DET
ftr-471	886	18	amounts	amount	NOUN
ftr-471	886	19	of	of	ADP
ftr-471	886	20	hot	hot	ADJ
ftr-471	886	21	asset	asset	NOUN
ftr-471	886	22	gain	gain	NOUN
ftr-471	886	23	taxed	tax	VERB
ftr-471	886	24	under	under	ADP
ftr-471	886	25	193	193	NUM
ftr-471	886	26	.	.	PUNCT
ftr-471	887	1	by	by	ADP
ftr-471	887	2	contrast	contrast	NOUN
ftr-471	887	3	,	,	PUNCT
ftr-471	887	4	under	under	ADP
ftr-471	887	5	the	the	DET
ftr-471	887	6	deemed	deem	VERB
ftr-471	887	7	-	-	PUNCT
ftr-471	887	8	sale	sale	NOUN
ftr-471	887	9	approach	approach	NOUN
ftr-471	887	10	,	,	PUNCT
ftr-471	887	11	the	the	DET
ftr-471	887	12	entire	entire	ADJ
ftr-471	887	13	appreciation	appreciation	NOUN
ftr-471	887	14	in	in	ADP
ftr-471	887	15	the	the	DET
ftr-471	887	16	distributed	distribute	VERB
ftr-471	887	17	property	property	NOUN
ftr-471	887	18	would	would	AUX
ftr-471	887	19	be	be	AUX
ftr-471	887	20	taxable	taxable	ADJ
ftr-471	887	21	immediately	immediately	ADV
ftr-471	887	22	,	,	PUNCT
ftr-471	887	23	and	and	CCONJ
ftr-471	887	24	c	c	NOUN
ftr-471	887	25	would	would	AUX
ftr-471	887	26	also	also	ADV
ftr-471	887	27	recognize	recognize	VERB
ftr-471	887	28	her	she	PRON
ftr-471	887	29	redeemed	redeem	VERB
ftr-471	887	30	one	one	NUM
ftr-471	887	31	-	-	PUNCT
ftr-471	887	32	sixth	sixth	ADJ
ftr-471	887	33	share	share	NOUN
ftr-471	887	34	of	of	ADP
ftr-471	887	35	the	the	DET
ftr-471	887	36	unrealized	unrealized	ADJ
ftr-471	887	37	appreciation	appreciation	NOUN
ftr-471	887	38	inherent	inherent	ADJ
ftr-471	887	39	in	in	ADP
ftr-471	887	40	the	the	DET
ftr-471	887	41	inventory	inventory	NOUN
ftr-471	887	42	and	and	CCONJ
ftr-471	887	43	securities	security	NOUN
ftr-471	887	44	.	.	PUNCT
ftr-471	888	1	see	see	VERB
ftr-471	888	2	supra	supra	PROPN
ftr-471	888	3	notes	note	VERB
ftr-471	888	4	128	128	NUM
ftr-471	888	5	-	-	SYM
ftr-471	888	6	130	130	NUM
ftr-471	888	7	and	and	CCONJ
ftr-471	888	8	accompanying	accompany	VERB
ftr-471	888	9	text	text	NOUN
ftr-471	888	10	.	.	PUNCT
ftr-471	889	1	194	194	NUM
ftr-471	889	2	.	.	PUNCT
ftr-471	890	1	see	see	VERB
ftr-471	890	2	irc	irc	PROPN
ftr-471	890	3	§	§	PROPN
ftr-471	890	4	731(a)(1	731(a)(1	PROPN
ftr-471	890	5	)	)	PUNCT
ftr-471	890	6	.	.	PUNCT
ftr-471	891	1	195	195	NUM
ftr-471	891	2	.	.	PUNCT
ftr-471	891	3	andrews	andrews	PROPN
ftr-471	891	4	,	,	PUNCT
ftr-471	891	5	supra	supra	PROPN
ftr-471	891	6	note	note	PROPN
ftr-471	891	7	12	12	NUM
ftr-471	891	8	,	,	PUNCT
ftr-471	891	9	at	at	ADP
ftr-471	891	10	67	67	NUM
ftr-471	891	11	.	.	PUNCT
ftr-471	891	12	196	196	NUM
ftr-471	891	13	.	.	PUNCT
ftr-471	892	1	see	see	VERB
ftr-471	892	2	irc	irc	PROPN
ftr-471	892	3	§	§	PROPN
ftr-471	892	4	§	§	PROPN
ftr-471	892	5	351(b	351(b	PROPN
ftr-471	892	6	)	)	PUNCT
ftr-471	892	7	and	and	CCONJ
ftr-471	892	8	1031(b	1031(b	NUM
ftr-471	892	9	)	)	PUNCT
ftr-471	892	10	.	.	PUNCT
ftr-471	893	1	but	but	CCONJ
ftr-471	893	2	cf	cf	INTJ
ftr-471	893	3	.	.	PUNCT
ftr-471	893	4	irc	irc	PROPN
ftr-471	893	5	§	§	PROPN
ftr-471	893	6	356(a)(2	356(a)(2	NUM
ftr-471	893	7	)	)	PUNCT
ftr-471	893	8	.	.	PUNCT
ftr-471	894	1	see	see	VERB
ftr-471	894	2	also	also	ADV
ftr-471	894	3	gergen	gergen	ADV
ftr-471	894	4	,	,	PUNCT
ftr-471	894	5	contributions	contribution	NOUN
ftr-471	894	6	and	and	CCONJ
ftr-471	894	7	distributions	distribution	NOUN
ftr-471	894	8	,	,	PUNCT
ftr-471	894	9	supra	supra	PROPN
ftr-471	894	10	note	note	NOUN
ftr-471	894	11	5	5	NUM
ftr-471	894	12	,	,	PUNCT
ftr-471	894	13	at	at	ADP
ftr-471	894	14	207	207	NUM
ftr-471	894	15	-	-	SYM
ftr-471	894	16	08	08	NUM
ftr-471	894	17	(	(	PUNCT
ftr-471	894	18	proposing	propose	VERB
ftr-471	894	19	"	"	PUNCT
ftr-471	894	20	backloaded	backloade	VERB
ftr-471	894	21	"	"	PUNCT
ftr-471	894	22	basis	basis	NOUN
ftr-471	894	23	recovery	recovery	NOUN
ftr-471	894	24	)	)	PUNCT
ftr-471	894	25	.	.	PUNCT
ftr-471	895	1	197	197	X
ftr-471	895	2	.	.	PUNCT
ftr-471	896	1	see	see	PROPN
ftr-471	896	2	andrews	andrews	PROPN
ftr-471	896	3	,	,	PUNCT
ftr-471	896	4	supra	supra	PROPN
ftr-471	896	5	note	note	PROPN
ftr-471	896	6	12	12	NUM
ftr-471	896	7	,	,	PUNCT
ftr-471	896	8	at	at	ADP
ftr-471	896	9	67	67	NUM
ftr-471	896	10	(	(	PUNCT
ftr-471	896	11	"	"	PUNCT
ftr-471	896	12	proportional	proportional	ADJ
ftr-471	896	13	gain	gain	NOUN
ftr-471	896	14	recognition	recognition	NOUN
ftr-471	896	15	rule	rule	NOUN
ftr-471	896	16	...	...	PUNCT
ftr-471	896	17	is	be	AUX
ftr-471	896	18	mild	mild	ADJ
ftr-471	896	19	by	by	ADP
ftr-471	896	20	comparison	comparison	NOUN
ftr-471	896	21	"	"	PUNCT
ftr-471	896	22	to	to	ADP
ftr-471	896	23	other	other	ADJ
ftr-471	896	24	boot	boot	NOUN
ftr-471	896	25	rules	rule	NOUN
ftr-471	896	26	)	)	PUNCT
ftr-471	896	27	.	.	PUNCT
ftr-471	897	1	a	a	DET
ftr-471	897	2	proportional	proportional	ADJ
ftr-471	897	3	gain	gain	NOUN
ftr-471	897	4	recognition	recognition	NOUN
ftr-471	897	5	rule	rule	NOUN
ftr-471	897	6	might	might	AUX
ftr-471	897	7	also	also	ADV
ftr-471	897	8	eliminate	eliminate	VERB
ftr-471	897	9	much	much	ADJ
ftr-471	897	10	of	of	ADP
ftr-471	897	11	the	the	DET
ftr-471	897	12	need	need	NOUN
ftr-471	897	13	for	for	ADP
ftr-471	897	14	the	the	DET
ftr-471	897	15	complex	complex	ADJ
ftr-471	897	16	disguised	disguise	VERB
ftr-471	897	17	sale	sale	NOUN
ftr-471	897	18	rules	rule	NOUN
ftr-471	897	19	.	.	PUNCT
ftr-471	898	1	see	see	VERB
ftr-471	898	2	i	i	PRON
ftr-471	898	3	d.	d.	PROPN
ftr-471	898	4	at	at	ADP
ftr-471	898	5	68	68	NUM
ftr-471	898	6	.	.	PUNCT
ftr-471	899	1	see	see	AUX
ftr-471	899	2	also	also	ADV
ftr-471	899	3	irc	irc	ADV
ftr-471	899	4	§	§	PROPN
ftr-471	899	5	707(a)(2)(b	707(a)(2)(b	PROPN
ftr-471	899	6	)	)	PUNCT
ftr-471	899	7	;	;	PUNCT
ftr-471	899	8	regs	reg	NOUN
ftr-471	899	9	.	.	PUNCT
ftr-471	900	1	§	§	PROPN
ftr-471	900	2	1.707	1.707	NUM
ftr-471	900	3	-	-	SYM
ftr-471	900	4	4	4	NUM
ftr-471	900	5	through	through	ADP
ftr-471	900	6	-9	-9	NOUN
ftr-471	900	7	.	.	PUNCT
ftr-471	901	1	[	[	X
ftr-471	901	2	vol	vol	NOUN
ftr-471	901	3	.	.	PUNCT
ftr-471	901	4	3:12	3:12	NUM
ftr-471	901	5	partnership	partnership	NOUN
ftr-471	901	6	distributions	distribution	NOUN
ftr-471	901	7	:	:	PUNCT
ftr-471	901	8	options	option	NOUN
ftr-471	901	9	for	for	ADP
ftr-471	901	10	reform	reform	NOUN
ftr-471	901	11	current	current	ADJ
ftr-471	901	12	section	section	NOUN
ftr-471	901	13	751(b	751(b	PROPN
ftr-471	901	14	)	)	PUNCT
ftr-471	901	15	and	and	CCONJ
ftr-471	901	16	the	the	DET
ftr-471	901	17	partial	partial	ADJ
ftr-471	901	18	-	-	PUNCT
ftr-471	901	19	liquidation	liquidation	NOUN
ftr-471	901	20	approach	approach	NOUN
ftr-471	901	21	,	,	PUNCT
ftr-471	901	22	respectively	respectively	ADV
ftr-471	901	23	.	.	PUNCT
ftr-471	901	24	98	98	NUM
ftr-471	901	25	to	to	PART
ftr-471	901	26	mitigate	mitigate	VERB
ftr-471	901	27	this	this	DET
ftr-471	901	28	problem	problem	NOUN
ftr-471	901	29	,	,	PUNCT
ftr-471	901	30	the	the	DET
ftr-471	901	31	andrews	andrews	PROPN
ftr-471	901	32	proposals	proposal	NOUN
ftr-471	901	33	would	would	AUX
ftr-471	901	34	limit	limit	VERB
ftr-471	901	35	the	the	DET
ftr-471	901	36	amount	amount	NOUN
ftr-471	901	37	of	of	ADP
ftr-471	901	38	recognized	recognize	VERB
ftr-471	901	39	gain	gain	NOUN
ftr-471	901	40	(	(	PUNCT
ftr-471	901	41	or	or	CCONJ
ftr-471	901	42	loss	loss	NOUN
ftr-471	901	43	)	)	PUNCT
ftr-471	901	44	to	to	ADP
ftr-471	901	45	no	no	DET
ftr-471	901	46	more	more	ADJ
ftr-471	901	47	than	than	ADP
ftr-471	901	48	150	150	NUM
ftr-471	901	49	%	%	NOUN
ftr-471	901	50	of	of	ADP
ftr-471	901	51	the	the	DET
ftr-471	901	52	amount	amount	NOUN
ftr-471	901	53	"	"	PUNCT
ftr-471	901	54	recognized	recognize	VERB
ftr-471	901	55	under	under	ADP
ftr-471	901	56	the	the	DET
ftr-471	901	57	method	method	NOUN
ftr-471	901	58	now	now	ADV
ftr-471	901	59	used	use	VERB
ftr-471	901	60	under	under	ADP
ftr-471	901	61	[	[	X
ftr-471	901	62	section	section	NOUN
ftr-471	901	63	]	]	X
ftr-471	901	64	751(b)."'19	751(b)."'19	NOUN
ftr-471	901	65	whenever	whenever	SCONJ
ftr-471	901	66	the	the	DET
ftr-471	901	67	section	section	NOUN
ftr-471	901	68	751(b	751(b	NOUN
ftr-471	901	69	)	)	PUNCT
ftr-471	901	70	limit	limit	NOUN
ftr-471	901	71	applied	apply	VERB
ftr-471	901	72	,	,	PUNCT
ftr-471	901	73	special	special	ADJ
ftr-471	901	74	allocations	allocation	NOUN
ftr-471	901	75	would	would	AUX
ftr-471	901	76	be	be	AUX
ftr-471	901	77	required	require	VERB
ftr-471	901	78	to	to	PART
ftr-471	901	79	ensure	ensure	VERB
ftr-471	901	80	proper	proper	ADJ
ftr-471	901	81	allocation	allocation	NOUN
ftr-471	901	82	of	of	ADP
ftr-471	901	83	the	the	DET
ftr-471	901	84	partnership	partnership	NOUN
ftr-471	901	85	's	's	PART
ftr-471	901	86	subsequent	subsequent	ADJ
ftr-471	901	87	income	income	NOUN
ftr-471	901	88	.	.	PUNCT
ftr-471	901	89	'	'	PUNCT
ftr-471	902	1	c.	c.	PROPN
ftr-471	902	2	a	a	DET
ftr-471	902	3	compromise	compromise	NOUN
ftr-471	902	4	proposal	proposal	NOUN
ftr-471	902	5	:	:	PUNCT
ftr-471	902	6	more	more	ADJ
ftr-471	902	7	gain	gain	NOUN
ftr-471	902	8	recognition	recognition	NOUN
ftr-471	902	9	the	the	DET
ftr-471	902	10	andrews	andrews	PROPN
ftr-471	902	11	proposals	proposal	NOUN
ftr-471	902	12	seek	seek	VERB
ftr-471	902	13	to	to	PART
ftr-471	902	14	maximize	maximize	VERB
ftr-471	902	15	nonrecognition	nonrecognition	NOUN
ftr-471	902	16	treatment	treatment	NOUN
ftr-471	902	17	of	of	ADP
ftr-471	902	18	disproportionate	disproportionate	ADJ
ftr-471	902	19	distributions	distribution	NOUN
ftr-471	902	20	:	:	PUNCT
ftr-471	902	21	hot	hot	ADJ
ftr-471	902	22	(	(	PUNCT
ftr-471	902	23	or	or	CCONJ
ftr-471	902	24	tepid	tepid	ADJ
ftr-471	902	25	)	)	PUNCT
ftr-471	902	26	asset	asset	NOUN
ftr-471	902	27	gain	gain	NOUN
ftr-471	902	28	would	would	AUX
ftr-471	902	29	be	be	AUX
ftr-471	902	30	triggered	trigger	VERB
ftr-471	902	31	only	only	ADV
ftr-471	902	32	to	to	ADP
ftr-471	902	33	the	the	DET
ftr-471	902	34	extent	extent	NOUN
ftr-471	902	35	of	of	ADP
ftr-471	902	36	any	any	DET
ftr-471	902	37	prevented	prevent	VERB
ftr-471	902	38	basis	basis	NOUN
ftr-471	902	39	adjustments	adjustment	NOUN
ftr-471	902	40	.	.	PUNCT
ftr-471	903	1	the	the	DET
ftr-471	903	2	most	most	ADV
ftr-471	903	3	obvious	obvious	ADJ
ftr-471	903	4	objection	objection	NOUN
ftr-471	903	5	to	to	ADP
ftr-471	903	6	the	the	DET
ftr-471	903	7	andrews	andrews	PROPN
ftr-471	903	8	proposals	proposal	NOUN
ftr-471	903	9	is	be	AUX
ftr-471	903	10	that	that	SCONJ
ftr-471	903	11	they	they	PRON
ftr-471	903	12	are	be	AUX
ftr-471	903	13	too	too	ADV
ftr-471	903	14	complicated	complicated	ADJ
ftr-471	903	15	.	.	PUNCT
ftr-471	904	1	indeed	indeed	ADV
ftr-471	904	2	,	,	PUNCT
ftr-471	904	3	one	one	NUM
ftr-471	904	4	commentator	commentator	NOUN
ftr-471	904	5	has	have	AUX
ftr-471	904	6	suggested	suggest	VERB
ftr-471	904	7	that	that	SCONJ
ftr-471	904	8	the	the	DET
ftr-471	904	9	proposed	propose	VERB
ftr-471	904	10	three	three	NUM
ftr-471	904	11	-	-	PUNCT
ftr-471	904	12	class	class	NOUN
ftr-471	904	13	allocation	allocation	NOUN
ftr-471	904	14	scheme	scheme	NOUN
ftr-471	904	15	may	may	AUX
ftr-471	904	16	"	"	PUNCT
ftr-471	904	17	obfuscate	obfuscate	VERB
ftr-471	904	18	"	"	PUNCT
ftr-471	904	19	the	the	DET
ftr-471	904	20	"	"	PUNCT
ftr-471	904	21	elegance	elegance	NOUN
ftr-471	904	22	and	and	CCONJ
ftr-471	904	23	relative	relative	ADJ
ftr-471	904	24	simplicity	simplicity	NOUN
ftr-471	904	25	"	"	PUNCT
ftr-471	904	26	of	of	ADP
ftr-471	904	27	the	the	DET
ftr-471	904	28	andrews	andrews	PROPN
ftr-471	904	29	proposals	proposal	NOUN
ftr-471	904	30	.	.	PUNCT
ftr-471	905	1	201	201	NUM
ftr-471	905	2	moreover	moreover	ADV
ftr-471	905	3	,	,	PUNCT
ftr-471	905	4	the	the	DET
ftr-471	905	5	opportunity	opportunity	NOUN
ftr-471	905	6	to	to	PART
ftr-471	905	7	reallocate	reallocate	VERB
ftr-471	905	8	basis	basis	NOUN
ftr-471	905	9	among	among	ADP
ftr-471	905	10	partnership	partnership	NOUN
ftr-471	905	11	assets	asset	NOUN
ftr-471	905	12	may	may	AUX
ftr-471	905	13	give	give	VERB
ftr-471	905	14	rise	rise	NOUN
ftr-471	905	15	to	to	ADP
ftr-471	905	16	tax	tax	NOUN
ftr-471	905	17	-	-	PUNCT
ftr-471	905	18	motivated	motivate	VERB
ftr-471	905	19	transactions	transaction	NOUN
ftr-471	905	20	that	that	PRON
ftr-471	905	21	seek	seek	VERB
ftr-471	905	22	to	to	PART
ftr-471	905	23	exploit	exploit	VERB
ftr-471	905	24	such	such	ADJ
ftr-471	905	25	rules	rule	NOUN
ftr-471	905	26	.	.	PUNCT
ftr-471	906	1	several	several	ADJ
ftr-471	906	2	of	of	ADP
ftr-471	906	3	the	the	DET
ftr-471	906	4	technical	technical	ADJ
ftr-471	906	5	refinements	refinement	NOUN
ftr-471	906	6	in	in	ADP
ftr-471	906	7	the	the	DET
ftr-471	906	8	andrews	andrews	PROPN
ftr-471	906	9	proposals	proposal	NOUN
ftr-471	906	10	could	could	AUX
ftr-471	906	11	be	be	AUX
ftr-471	906	12	implemented	implement	VERB
ftr-471	906	13	even	even	ADV
ftr-471	906	14	if	if	SCONJ
ftr-471	906	15	other	other	ADJ
ftr-471	906	16	proposed	propose	VERB
ftr-471	906	17	reforms	reform	NOUN
ftr-471	906	18	were	be	AUX
ftr-471	906	19	set	set	VERB
ftr-471	906	20	aside	aside	ADV
ftr-471	906	21	for	for	ADP
ftr-471	906	22	further	further	ADJ
ftr-471	906	23	study	study	NOUN
ftr-471	906	24	.	.	PUNCT
ftr-471	907	1	for	for	ADP
ftr-471	907	2	example	example	NOUN
ftr-471	907	3	,	,	PUNCT
ftr-471	907	4	the	the	DET
ftr-471	907	5	basic	basic	ADJ
ftr-471	907	6	statutory	statutory	ADJ
ftr-471	907	7	mechanism	mechanism	NOUN
ftr-471	907	8	of	of	ADP
ftr-471	907	9	section	section	NOUN
ftr-471	907	10	751	751	NUM
ftr-471	907	11	(	(	PUNCT
ftr-471	907	12	1	1	NUM
ftr-471	907	13	)	)	PUNCT
ftr-471	907	14	might	might	AUX
ftr-471	907	15	be	be	AUX
ftr-471	907	16	modified	modify	VERB
ftr-471	907	17	to	to	PART
ftr-471	907	18	permit	permit	VERB
ftr-471	907	19	"	"	PUNCT
ftr-471	907	20	sale	sale	NOUN
ftr-471	907	21	"	"	PUNCT
ftr-471	907	22	rather	rather	ADV
ftr-471	907	23	than	than	ADP
ftr-471	907	24	"	"	PUNCT
ftr-471	907	25	exchange	exchange	NOUN
ftr-471	907	26	"	"	PUNCT
ftr-471	907	27	treatment	treatment	NOUN
ftr-471	907	28	,	,	PUNCT
ftr-471	907	29	even	even	ADV
ftr-471	907	30	without	without	ADP
ftr-471	907	31	an	an	DET
ftr-471	907	32	expansion	expansion	NOUN
ftr-471	907	33	of	of	ADP
ftr-471	907	34	the	the	DET
ftr-471	907	35	existing	exist	VERB
ftr-471	907	36	categories	category	NOUN
ftr-471	907	37	of	of	ADP
ftr-471	907	38	hot	hot	ADJ
ftr-471	907	39	assets	asset	NOUN
ftr-471	907	40	.	.	PUNCT
ftr-471	908	1	instead	instead	ADV
ftr-471	908	2	of	of	ADP
ftr-471	908	3	preserving	preserve	VERB
ftr-471	908	4	hot	hot	ADJ
ftr-471	908	5	asset	asset	NOUN
ftr-471	908	6	gain	gain	NOUN
ftr-471	908	7	through	through	ADP
ftr-471	908	8	basis	basis	NOUN
ftr-471	908	9	reallocation	reallocation	NOUN
ftr-471	908	10	,	,	PUNCT
ftr-471	908	11	it	it	PRON
ftr-471	908	12	would	would	AUX
ftr-471	908	13	be	be	AUX
ftr-471	908	14	possible	possible	ADJ
ftr-471	908	15	to	to	PART
ftr-471	908	16	require	require	VERB
ftr-471	908	17	immediate	immediate	ADJ
ftr-471	908	18	recognition	recognition	NOUN
ftr-471	908	19	of	of	ADP
ftr-471	908	20	any	any	DET
ftr-471	908	21	net	net	ADJ
ftr-471	908	22	shift	shift	NOUN
ftr-471	908	23	in	in	ADP
ftr-471	908	24	hot	hot	ADJ
ftr-471	908	25	asset	asset	NOUN
ftr-471	908	26	gain	gain	NOUN
ftr-471	908	27	.	.	PUNCT
ftr-471	908	28	'	'	PUNCT
ftr-471	909	1	by	by	ADP
ftr-471	909	2	limiting	limit	VERB
ftr-471	909	3	opportunities	opportunity	NOUN
ftr-471	909	4	for	for	ADP
ftr-471	909	5	strategic	strategic	ADJ
ftr-471	909	6	shifting	shifting	NOUN
ftr-471	909	7	of	of	ADP
ftr-471	909	8	asset	asset	NOUN
ftr-471	909	9	bases	basis	NOUN
ftr-471	909	10	,	,	PUNCT
ftr-471	909	11	this	this	DET
ftr-471	909	12	approach	approach	NOUN
ftr-471	909	13	would	would	AUX
ftr-471	909	14	mitigate	mitigate	VERB
ftr-471	909	15	the	the	DET
ftr-471	909	16	need	need	NOUN
ftr-471	909	17	for	for	ADP
ftr-471	909	18	complex	complex	ADJ
ftr-471	909	19	basis	basis	NOUN
ftr-471	909	20	allocation	allocation	NOUN
ftr-471	909	21	rules	rule	NOUN
ftr-471	909	22	and	and	CCONJ
ftr-471	909	23	multiple	multiple	ADJ
ftr-471	909	24	classes	class	NOUN
ftr-471	909	25	of	of	ADP
ftr-471	909	26	partnership	partnership	NOUN
ftr-471	909	27	property	property	NOUN
ftr-471	909	28	.	.	PUNCT
ftr-471	910	1	by	by	ADP
ftr-471	910	2	contrast	contrast	NOUN
ftr-471	910	3	with	with	ADP
ftr-471	910	4	current	current	ADJ
ftr-471	910	5	law	law	NOUN
ftr-471	910	6	,	,	PUNCT
ftr-471	910	7	hot	hot	ADJ
ftr-471	910	8	asset	asset	NOUN
ftr-471	910	9	shifts	shift	NOUN
ftr-471	910	10	would	would	AUX
ftr-471	910	11	be	be	AUX
ftr-471	910	12	measured	measure	VERB
ftr-471	910	13	in	in	ADP
ftr-471	910	14	terms	term	NOUN
ftr-471	910	15	of	of	ADP
ftr-471	910	16	unrealized	unrealized	ADJ
ftr-471	910	17	appreciation	appreciation	NOUN
ftr-471	910	18	(	(	PUNCT
ftr-471	910	19	rather	rather	ADV
ftr-471	910	20	than	than	ADP
ftr-471	910	21	gross	gross	ADJ
ftr-471	910	22	value	value	NOUN
ftr-471	910	23	)	)	PUNCT
ftr-471	910	24	.	.	PUNCT
ftr-471	910	25	'	'	PUNCT
ftr-471	911	1	3	3	NUM
ftr-471	911	2	198	198	NUM
ftr-471	911	3	.	.	PUNCT
ftr-471	912	1	see	see	PROPN
ftr-471	912	2	andrews	andrews	PROPN
ftr-471	912	3	,	,	PUNCT
ftr-471	912	4	supra	supra	PROPN
ftr-471	912	5	note	note	PROPN
ftr-471	912	6	12	12	NUM
ftr-471	912	7	,	,	PUNCT
ftr-471	912	8	at	at	ADP
ftr-471	912	9	70	70	NUM
ftr-471	912	10	.	.	PUNCT
ftr-471	913	1	if	if	SCONJ
ftr-471	913	2	a	a	DET
ftr-471	913	3	minority	minority	NOUN
ftr-471	913	4	partner	partner	NOUN
ftr-471	913	5	's	's	PART
ftr-471	913	6	interest	interest	NOUN
ftr-471	913	7	is	be	AUX
ftr-471	913	8	redeemed	redeem	VERB
ftr-471	913	9	,	,	PUNCT
ftr-471	913	10	both	both	DET
ftr-471	913	11	approaches	approach	NOUN
ftr-471	913	12	reach	reach	VERB
ftr-471	913	13	comparable	comparable	ADJ
ftr-471	913	14	results	result	NOUN
ftr-471	913	15	;	;	PUNCT
ftr-471	913	16	for	for	ADP
ftr-471	913	17	example	example	NOUN
ftr-471	913	18	,	,	PUNCT
ftr-471	913	19	§	§	PROPN
ftr-471	913	20	751(b	751(b	PROPN
ftr-471	913	21	)	)	PUNCT
ftr-471	913	22	treats	treat	VERB
ftr-471	913	23	a	a	DET
ftr-471	913	24	redemption	redemption	NOUN
ftr-471	913	25	of	of	ADP
ftr-471	913	26	onehalf	onehalf	NOUN
ftr-471	913	27	of	of	ADP
ftr-471	913	28	a	a	DET
ftr-471	913	29	one	one	NUM
ftr-471	913	30	-	-	PUNCT
ftr-471	913	31	third	third	NOUN
ftr-471	913	32	partner	partner	NOUN
ftr-471	913	33	's	's	PART
ftr-471	913	34	interest	interest	NOUN
ftr-471	913	35	as	as	ADP
ftr-471	913	36	a	a	DET
ftr-471	913	37	transfer	transfer	NOUN
ftr-471	913	38	of	of	ADP
ftr-471	913	39	two	two	NUM
ftr-471	913	40	-	-	PUNCT
ftr-471	913	41	fifths	fifth	NOUN
ftr-471	913	42	of	of	ADP
ftr-471	913	43	her	her	PRON
ftr-471	913	44	interest	interest	NOUN
ftr-471	913	45	.	.	PUNCT
ftr-471	914	1	see	see	VERB
ftr-471	914	2	i	i	PRON
ftr-471	914	3	d.	d.	PROPN
ftr-471	914	4	at	at	ADP
ftr-471	914	5	70	70	NUM
ftr-471	914	6	n.225	n.225	NOUN
ftr-471	914	7	.	.	PUNCT
ftr-471	915	1	199	199	NUM
ftr-471	915	2	.	.	PUNCT
ftr-471	916	1	see	see	VERB
ftr-471	916	2	i	i	PRON
ftr-471	916	3	d.	d.	PROPN
ftr-471	916	4	at	at	ADP
ftr-471	916	5	70	70	NUM
ftr-471	916	6	-	-	SYM
ftr-471	916	7	71	71	NUM
ftr-471	916	8	.	.	PUNCT
ftr-471	916	9	200	200	NUM
ftr-471	916	10	.	.	PUNCT
ftr-471	917	1	but	but	CCONJ
ftr-471	917	2	see	see	VERB
ftr-471	917	3	cunningham	cunningham	PROPN
ftr-471	917	4	,	,	PUNCT
ftr-471	917	5	supra	supra	PROPN
ftr-471	917	6	note	note	NOUN
ftr-471	917	7	12	12	NUM
ftr-471	917	8	,	,	PUNCT
ftr-471	917	9	at	at	ADP
ftr-471	917	10	102	102	NUM
ftr-471	917	11	(	(	PUNCT
ftr-471	917	12	questioning	question	VERB
ftr-471	917	13	whether	whether	SCONJ
ftr-471	917	14	§	§	PROPN
ftr-471	917	15	75	75	NUM
ftr-471	917	16	l(b	l(b	PROPN
ftr-471	917	17	)	)	PUNCT
ftr-471	917	18	limit	limit	NOUN
ftr-471	917	19	"	"	PUNCT
ftr-471	917	20	would	would	AUX
ftr-471	917	21	be	be	AUX
ftr-471	917	22	worth	worth	ADJ
ftr-471	917	23	the	the	DET
ftr-471	917	24	necessary	necessary	ADJ
ftr-471	917	25	complexity	complexity	NOUN
ftr-471	917	26	"	"	PUNCT
ftr-471	917	27	)	)	PUNCT
ftr-471	917	28	.	.	PUNCT
ftr-471	918	1	201	201	NUM
ftr-471	918	2	.	.	PUNCT
ftr-471	919	1	see	see	VERB
ftr-471	919	2	i	i	PRON
ftr-471	919	3	d.	d.	PROPN
ftr-471	919	4	at	at	ADP
ftr-471	919	5	92	92	NUM
ftr-471	919	6	.	.	PUNCT
ftr-471	920	1	202	202	NUM
ftr-471	920	2	.	.	PUNCT
ftr-471	921	1	american	american	PROPN
ftr-471	921	2	law	law	PROPN
ftr-471	921	3	institute	institute	PROPN
ftr-471	921	4	,	,	PUNCT
ftr-471	921	5	federal	federal	ADJ
ftr-471	921	6	income	income	NOUN
ftr-471	921	7	tax	tax	NOUN
ftr-471	921	8	project	project	NOUN
ftr-471	921	9	-	-	PUNCT
ftr-471	921	10	taxation	taxation	NOUN
ftr-471	921	11	of	of	ADP
ftr-471	921	12	passthrough	passthrough	NOUN
ftr-471	921	13	entities	entity	NOUN
ftr-471	921	14	,	,	PUNCT
ftr-471	921	15	tentative	tentative	ADJ
ftr-471	921	16	draft	draft	NOUN
ftr-471	921	17	memorandum	memorandum	NOUN
ftr-471	921	18	no	no	INTJ
ftr-471	921	19	.	.	NOUN
ftr-471	921	20	3	3	NUM
ftr-471	921	21	,	,	PUNCT
ftr-471	921	22	at	at	ADP
ftr-471	921	23	66	66	NUM
ftr-471	921	24	(	(	PUNCT
ftr-471	921	25	1997	1997	NUM
ftr-471	921	26	)	)	PUNCT
ftr-471	922	1	[	[	X
ftr-471	922	2	hereinafter	hereinafter	NOUN
ftr-471	922	3	ali	ali	PROPN
ftr-471	922	4	.	.	PUNCT
ftr-471	923	1	passthrough	passthrough	PROPN
ftr-471	923	2	entities	entity	NOUN
ftr-471	923	3	,	,	PUNCT
ftr-471	923	4	tentative	tentative	ADJ
ftr-471	923	5	draft	draft	NOUN
ftr-471	923	6	memorandum	memorandum	NOUN
ftr-471	923	7	no	no	INTJ
ftr-471	923	8	.	.	NOUN
ftr-471	924	1	3	3	NUM
ftr-471	924	2	]	]	PUNCT
ftr-471	924	3	.	.	PUNCT
ftr-471	925	1	203	203	NUM
ftr-471	925	2	.	.	PUNCT
ftr-471	926	1	see	see	VERB
ftr-471	926	2	i	i	PRON
ftr-471	926	3	d.	d.	PROPN
ftr-471	926	4	at	at	ADP
ftr-471	926	5	67	67	NUM
ftr-471	926	6	;	;	PUNCT
ftr-471	926	7	see	see	VERB
ftr-471	926	8	also	also	ADV
ftr-471	926	9	i	i	PROPN
ftr-471	926	10	d.	d.	PROPN
ftr-471	926	11	at	at	ADP
ftr-471	926	12	69	69	NUM
ftr-471	926	13	(	(	PUNCT
ftr-471	926	14	eliminating	eliminate	VERB
ftr-471	926	15	substantial	substantial	ADJ
ftr-471	926	16	appreciation	appreciation	NOUN
ftr-471	926	17	requirement	requirement	NOUN
ftr-471	926	18	for	for	ADP
ftr-471	926	19	inventory	inventory	NOUN
ftr-471	926	20	)	)	PUNCT
ftr-471	926	21	.	.	PUNCT
ftr-471	927	1	19981	19981	NUM
ftr-471	927	2	florida	florida	PROPN
ftr-471	927	3	tax	tax	NOUN
ftr-471	927	4	review	review	NOUN
ftr-471	927	5	under	under	ADP
ftr-471	927	6	this	this	DET
ftr-471	927	7	proposal	proposal	NOUN
ftr-471	927	8	,	,	PUNCT
ftr-471	927	9	it	it	PRON
ftr-471	927	10	would	would	AUX
ftr-471	927	11	be	be	AUX
ftr-471	927	12	necessary	necessary	ADJ
ftr-471	927	13	first	first	ADV
ftr-471	927	14	to	to	PART
ftr-471	927	15	identify	identify	VERB
ftr-471	927	16	the	the	DET
ftr-471	927	17	partnership	partnership	NOUN
ftr-471	927	18	's	's	PART
ftr-471	927	19	hot	hot	ADJ
ftr-471	927	20	assets	asset	NOUN
ftr-471	927	21	and	and	CCONJ
ftr-471	927	22	then	then	ADV
ftr-471	927	23	to	to	PART
ftr-471	927	24	determine	determine	VERB
ftr-471	927	25	the	the	DET
ftr-471	927	26	amount	amount	NOUN
ftr-471	927	27	of	of	ADP
ftr-471	927	28	any	any	DET
ftr-471	927	29	shift	shift	NOUN
ftr-471	927	30	in	in	ADP
ftr-471	927	31	the	the	DET
ftr-471	927	32	distributee	distributee	NOUN
ftr-471	927	33	's	's	PART
ftr-471	927	34	share	share	NOUN
ftr-471	927	35	of	of	ADP
ftr-471	927	36	net	net	ADJ
ftr-471	927	37	hot	hot	ADJ
ftr-471	927	38	asset	asset	NOUN
ftr-471	927	39	gain	gain	NOUN
ftr-471	927	40	(	(	PUNCT
ftr-471	927	41	or	or	CCONJ
ftr-471	927	42	loss	loss	NOUN
ftr-471	927	43	)	)	PUNCT
ftr-471	927	44	as	as	ADP
ftr-471	927	45	a	a	DET
ftr-471	927	46	result	result	NOUN
ftr-471	927	47	of	of	ADP
ftr-471	927	48	a	a	DET
ftr-471	927	49	distribution	distribution	NOUN
ftr-471	927	50	.	.	PUNCT
ftr-471	928	1	for	for	ADP
ftr-471	928	2	this	this	DET
ftr-471	928	3	purpose	purpose	NOUN
ftr-471	928	4	,	,	PUNCT
ftr-471	928	5	the	the	DET
ftr-471	928	6	distributee	distributee	NOUN
ftr-471	928	7	's	's	PART
ftr-471	928	8	share	share	NOUN
ftr-471	928	9	of	of	ADP
ftr-471	928	10	hot	hot	ADJ
ftr-471	928	11	asset	asset	NOUN
ftr-471	928	12	gain	gain	NOUN
ftr-471	928	13	(	(	PUNCT
ftr-471	928	14	or	or	CCONJ
ftr-471	928	15	loss	loss	NOUN
ftr-471	928	16	)	)	PUNCT
ftr-471	928	17	at	at	ADP
ftr-471	928	18	the	the	DET
ftr-471	928	19	partnership	partnership	NOUN
ftr-471	928	20	level	level	NOUN
ftr-471	928	21	would	would	AUX
ftr-471	928	22	be	be	AUX
ftr-471	928	23	based	base	VERB
ftr-471	928	24	on	on	ADP
ftr-471	928	25	her	her	PRON
ftr-471	928	26	respective	respective	ADJ
ftr-471	928	27	preand	preand	NOUN
ftr-471	928	28	post	post	ADJ
ftr-471	928	29	-	-	ADJ
ftr-471	928	30	distribution	distribution	ADJ
ftr-471	928	31	sharing	sharing	NOUN
ftr-471	928	32	ratios	ratio	NOUN
ftr-471	928	33	;	;	PUNCT
ftr-471	928	34	the	the	DET
ftr-471	928	35	distributee	distributee	NOUN
ftr-471	928	36	's	's	PART
ftr-471	928	37	share	share	NOUN
ftr-471	928	38	of	of	ADP
ftr-471	928	39	hot	hot	ADJ
ftr-471	928	40	asset	asset	NOUN
ftr-471	928	41	gain	gain	NOUN
ftr-471	928	42	(	(	PUNCT
ftr-471	928	43	or	or	CCONJ
ftr-471	928	44	loss	loss	NOUN
ftr-471	928	45	)	)	PUNCT
ftr-471	928	46	in	in	ADP
ftr-471	928	47	distributed	distribute	VERB
ftr-471	928	48	hot	hot	ADJ
ftr-471	928	49	assets	asset	NOUN
ftr-471	928	50	would	would	AUX
ftr-471	928	51	be	be	AUX
ftr-471	928	52	determined	determine	VERB
ftr-471	928	53	as	as	SCONJ
ftr-471	928	54	if	if	SCONJ
ftr-471	928	55	she	she	PRON
ftr-471	928	56	received	receive	VERB
ftr-471	928	57	a	a	DET
ftr-471	928	58	basis	basis	NOUN
ftr-471	928	59	in	in	ADP
ftr-471	928	60	such	such	ADJ
ftr-471	928	61	assets	asset	NOUN
ftr-471	928	62	equal	equal	ADJ
ftr-471	928	63	to	to	ADP
ftr-471	928	64	their	their	PRON
ftr-471	928	65	bases	basis	NOUN
ftr-471	928	66	in	in	ADP
ftr-471	928	67	the	the	DET
ftr-471	928	68	partnership	partnership	NOUN
ftr-471	928	69	's	's	PART
ftr-471	928	70	hands	hand	NOUN
ftr-471	928	71	.	.	PUNCT
ftr-471	929	1	2	2	NUM
ftr-471	929	2	0	0	NUM
ftr-471	929	3	4	4	NUM
ftr-471	929	4	after	after	ADP
ftr-471	929	5	determining	determine	VERB
ftr-471	929	6	the	the	DET
ftr-471	929	7	net	net	ADJ
ftr-471	929	8	increase	increase	NOUN
ftr-471	929	9	(	(	PUNCT
ftr-471	929	10	or	or	CCONJ
ftr-471	929	11	decrease	decrease	VERB
ftr-471	929	12	)	)	PUNCT
ftr-471	929	13	in	in	ADP
ftr-471	929	14	the	the	DET
ftr-471	929	15	distributee	distributee	NOUN
ftr-471	929	16	's	's	PART
ftr-471	929	17	share	share	NOUN
ftr-471	929	18	of	of	ADP
ftr-471	929	19	hot	hot	ADJ
ftr-471	929	20	asset	asset	NOUN
ftr-471	929	21	gain	gain	NOUN
ftr-471	929	22	(	(	PUNCT
ftr-471	929	23	or	or	CCONJ
ftr-471	929	24	loss	loss	NOUN
ftr-471	929	25	)	)	PUNCT
ftr-471	929	26	,	,	PUNCT
ftr-471	929	27	the	the	DET
ftr-471	929	28	next	next	ADJ
ftr-471	929	29	step	step	NOUN
ftr-471	929	30	would	would	AUX
ftr-471	929	31	be	be	AUX
ftr-471	929	32	to	to	PART
ftr-471	929	33	determine	determine	VERB
ftr-471	929	34	the	the	DET
ftr-471	929	35	tax	tax	NOUN
ftr-471	929	36	consequences	consequence	NOUN
ftr-471	929	37	both	both	PRON
ftr-471	929	38	to	to	ADP
ftr-471	929	39	the	the	DET
ftr-471	929	40	distributee	distributee	NOUN
ftr-471	929	41	and	and	CCONJ
ftr-471	929	42	to	to	ADP
ftr-471	929	43	the	the	DET
ftr-471	929	44	nondistributee	nondistributee	NOUN
ftr-471	929	45	partners	partner	NOUN
ftr-471	929	46	.	.	PUNCT
ftr-471	930	1	a	a	DET
ftr-471	930	2	disproportionate	disproportionate	ADJ
ftr-471	930	3	distribution	distribution	NOUN
ftr-471	930	4	would	would	AUX
ftr-471	930	5	trigger	trigger	VERB
ftr-471	930	6	recognition	recognition	NOUN
ftr-471	930	7	of	of	ADP
ftr-471	930	8	hot	hot	ADJ
ftr-471	930	9	asset	asset	NOUN
ftr-471	930	10	gain	gain	NOUN
ftr-471	930	11	(	(	PUNCT
ftr-471	930	12	or	or	CCONJ
ftr-471	930	13	loss	loss	NOUN
ftr-471	930	14	)	)	PUNCT
ftr-471	930	15	to	to	ADP
ftr-471	930	16	either	either	CCONJ
ftr-471	930	17	the	the	DET
ftr-471	930	18	distributee	distributee	NOUN
ftr-471	930	19	or	or	CCONJ
ftr-471	930	20	the	the	DET
ftr-471	930	21	partnership	partnership	NOUN
ftr-471	930	22	(	(	PUNCT
ftr-471	930	23	allocated	allocate	VERB
ftr-471	930	24	entirely	entirely	ADV
ftr-471	930	25	to	to	ADP
ftr-471	930	26	the	the	DET
ftr-471	930	27	nondistributee	nondistributee	NOUN
ftr-471	930	28	partners	partner	NOUN
ftr-471	930	29	)	)	PUNCT
ftr-471	930	30	,	,	PUNCT
ftr-471	930	31	but	but	CCONJ
ftr-471	930	32	not	not	PART
ftr-471	930	33	both	both	PRON
ftr-471	930	34	.	.	PUNCT
ftr-471	931	1	if	if	SCONJ
ftr-471	931	2	the	the	DET
ftr-471	931	3	distributee	distributee	NOUN
ftr-471	931	4	's	's	PART
ftr-471	931	5	share	share	NOUN
ftr-471	931	6	of	of	ADP
ftr-471	931	7	net	net	ADJ
ftr-471	931	8	hot	hot	ADJ
ftr-471	931	9	asset	asset	NOUN
ftr-471	931	10	gain	gain	NOUN
ftr-471	931	11	(	(	PUNCT
ftr-471	931	12	or	or	CCONJ
ftr-471	931	13	loss	loss	NOUN
ftr-471	931	14	)	)	PUNCT
ftr-471	931	15	is	be	AUX
ftr-471	931	16	reduced	reduce	VERB
ftr-471	931	17	,	,	PUNCT
ftr-471	931	18	the	the	DET
ftr-471	931	19	distributee	distributee	NOUN
ftr-471	931	20	would	would	AUX
ftr-471	931	21	recognize	recognize	VERB
ftr-471	931	22	ordinary	ordinary	ADJ
ftr-471	931	23	income	income	NOUN
ftr-471	931	24	(	(	PUNCT
ftr-471	931	25	or	or	CCONJ
ftr-471	931	26	loss	loss	NOUN
ftr-471	931	27	)	)	PUNCT
ftr-471	931	28	equal	equal	ADJ
ftr-471	931	29	to	to	ADP
ftr-471	931	30	such	such	ADJ
ftr-471	931	31	net	net	ADJ
ftr-471	931	32	decrease	decrease	NOUN
ftr-471	931	33	.	.	PUNCT
ftr-471	932	1	similarly	similarly	ADV
ftr-471	932	2	,	,	PUNCT
ftr-471	932	3	if	if	SCONJ
ftr-471	932	4	the	the	DET
ftr-471	932	5	distributee	distributee	NOUN
ftr-471	932	6	's	's	PART
ftr-471	932	7	share	share	NOUN
ftr-471	932	8	of	of	ADP
ftr-471	932	9	net	net	ADJ
ftr-471	932	10	hot	hot	ADJ
ftr-471	932	11	asset	asset	NOUN
ftr-471	932	12	gain	gain	NOUN
ftr-471	932	13	(	(	PUNCT
ftr-471	932	14	or	or	CCONJ
ftr-471	932	15	loss	loss	NOUN
ftr-471	932	16	)	)	PUNCT
ftr-471	932	17	is	be	AUX
ftr-471	932	18	increased	increase	VERB
ftr-471	932	19	,	,	PUNCT
ftr-471	932	20	the	the	DET
ftr-471	932	21	partnership	partnership	NOUN
ftr-471	932	22	would	would	AUX
ftr-471	932	23	recognize	recognize	VERB
ftr-471	932	24	ordinary	ordinary	ADJ
ftr-471	932	25	income	income	NOUN
ftr-471	932	26	(	(	PUNCT
ftr-471	932	27	or	or	CCONJ
ftr-471	932	28	loss	loss	NOUN
ftr-471	932	29	)	)	PUNCT
ftr-471	932	30	equal	equal	ADJ
ftr-471	932	31	to	to	ADP
ftr-471	932	32	such	such	ADJ
ftr-471	932	33	net	net	ADJ
ftr-471	932	34	increase	increase	NOUN
ftr-471	932	35	.	.	PUNCT
ftr-471	933	1	appropriate	appropriate	ADJ
ftr-471	933	2	adjustments	adjustment	NOUN
ftr-471	933	3	would	would	AUX
ftr-471	933	4	occur	occur	VERB
ftr-471	933	5	to	to	ADP
ftr-471	933	6	the	the	DET
ftr-471	933	7	partnership	partnership	NOUN
ftr-471	933	8	's	's	PART
ftr-471	933	9	basis	basis	NOUN
ftr-471	933	10	in	in	ADP
ftr-471	933	11	hot	hot	ADJ
ftr-471	933	12	assets	asset	NOUN
ftr-471	933	13	and	and	CCONJ
ftr-471	933	14	the	the	DET
ftr-471	933	15	partners	partner	NOUN
ftr-471	933	16	'	'	PART
ftr-471	933	17	outside	outside	ADJ
ftr-471	933	18	bases	basis	NOUN
ftr-471	933	19	to	to	PART
ftr-471	933	20	reflect	reflect	VERB
ftr-471	933	21	any	any	DET
ftr-471	933	22	gain	gain	NOUN
ftr-471	933	23	(	(	PUNCT
ftr-471	933	24	or	or	CCONJ
ftr-471	933	25	loss	loss	NOUN
ftr-471	933	26	)	)	PUNCT
ftr-471	933	27	recognized	recognize	VERB
ftr-471	933	28	on	on	ADP
ftr-471	933	29	the	the	DET
ftr-471	933	30	deemed	deem	VERB
ftr-471	933	31	sale	sale	NOUN
ftr-471	933	32	;	;	PUNCT
ftr-471	933	33	such	such	ADJ
ftr-471	933	34	adjustments	adjustment	NOUN
ftr-471	933	35	would	would	AUX
ftr-471	933	36	occur	occur	VERB
ftr-471	933	37	immediately	immediately	ADV
ftr-471	933	38	before	before	ADP
ftr-471	933	39	the	the	DET
ftr-471	933	40	distribution	distribution	NOUN
ftr-471	933	41	.	.	PUNCT
ftr-471	934	1	to	to	PART
ftr-471	934	2	illustrate	illustrate	VERB
ftr-471	934	3	,	,	PUNCT
ftr-471	934	4	assume	assume	VERB
ftr-471	934	5	that	that	SCONJ
ftr-471	934	6	c	c	PROPN
ftr-471	934	7	receives	receive	VERB
ftr-471	934	8	a	a	DET
ftr-471	934	9	distribution	distribution	NOUN
ftr-471	934	10	of	of	ADP
ftr-471	934	11	inventory	inventory	NOUN
ftr-471	934	12	#	#	SYM
ftr-471	934	13	2	2	NUM
ftr-471	934	14	,	,	PUNCT
ftr-471	934	15	reducing	reduce	VERB
ftr-471	934	16	her	her	PRON
ftr-471	934	17	interest	interest	NOUN
ftr-471	934	18	in	in	ADP
ftr-471	934	19	the	the	DET
ftr-471	934	20	equal	equal	ADJ
ftr-471	934	21	abc	abc	PROPN
ftr-471	934	22	partnership	partnership	NOUN
ftr-471	934	23	from	from	ADP
ftr-471	934	24	one	one	NUM
ftr-471	934	25	-	-	PUNCT
ftr-471	934	26	third	third	NOUN
ftr-471	934	27	to	to	ADP
ftr-471	934	28	onefifth	onefifth	ADJ
ftr-471	934	29	,	,	PUNCT
ftr-471	934	30	when	when	SCONJ
ftr-471	934	31	the	the	DET
ftr-471	934	32	partnership	partnership	NOUN
ftr-471	934	33	has	have	VERB
ftr-471	934	34	the	the	DET
ftr-471	934	35	following	follow	VERB
ftr-471	934	36	balance	balance	NOUN
ftr-471	934	37	sheet	sheet	NOUN
ftr-471	934	38	:	:	PUNCT
ftr-471	934	39	assets	asset	NOUN
ftr-471	934	40	basis	basis	NOUN
ftr-471	934	41	value	value	NOUN
ftr-471	934	42	capital	capital	NOUN
ftr-471	934	43	basis	basis	NOUN
ftr-471	934	44	value	value	NOUN
ftr-471	934	45	cash	cash	NOUN
ftr-471	934	46	$	$	SYM
ftr-471	934	47	120	120	NUM
ftr-471	934	48	$	$	SYM
ftr-471	934	49	120	120	NUM
ftr-471	934	50	a	a	DET
ftr-471	934	51	$	$	SYM
ftr-471	934	52	120	120	NUM
ftr-471	934	53	$	$	SYM
ftr-471	934	54	180	180	NUM
ftr-471	934	55	inventory	inventory	NOUN
ftr-471	934	56	#	#	SYM
ftr-471	934	57	1	1	NUM
ftr-471	934	58	60	60	NUM
ftr-471	934	59	180	180	NUM
ftr-471	934	60	b	b	SYM
ftr-471	934	61	120	120	NUM
ftr-471	934	62	180	180	NUM
ftr-471	934	63	inventory	inventory	NOUN
ftr-471	934	64	#	#	SYM
ftr-471	934	65	2	2	NUM
ftr-471	934	66	60	60	NUM
ftr-471	934	67	90	90	NUM
ftr-471	934	68	c	c	NOUN
ftr-471	934	69	120	120	NUM
ftr-471	934	70	180	180	NUM
ftr-471	934	71	securities	security	NOUN
ftr-471	934	72	120	120	NUM
ftr-471	934	73	150	150	NUM
ftr-471	934	74	total	total	NOUN
ftr-471	934	75	$	$	SYM
ftr-471	934	76	360	360	NUM
ftr-471	934	77	$	$	SYM
ftr-471	934	78	540	540	NUM
ftr-471	934	79	total	total	NOUN
ftr-471	934	80	$	$	SYM
ftr-471	934	81	360	360	NUM
ftr-471	934	82	$	$	SYM
ftr-471	934	83	540	540	NUM
ftr-471	934	84	immediately	immediately	ADV
ftr-471	934	85	before	before	ADP
ftr-471	934	86	the	the	DET
ftr-471	934	87	distribution	distribution	NOUN
ftr-471	934	88	,	,	PUNCT
ftr-471	934	89	c	c	PROPN
ftr-471	934	90	has	have	VERB
ftr-471	934	91	a	a	DET
ftr-471	934	92	$	$	SYM
ftr-471	934	93	50	50	NUM
ftr-471	934	94	share	share	NOUN
ftr-471	934	95	of	of	ADP
ftr-471	934	96	the	the	DET
ftr-471	934	97	partnership	partnership	NOUN
ftr-471	934	98	's	's	PART
ftr-471	934	99	hot	hot	ADJ
ftr-471	934	100	asset	asset	NOUN
ftr-471	934	101	gain	gain	NOUN
ftr-471	934	102	(	(	PUNCT
ftr-471	934	103	one	one	NUM
ftr-471	934	104	-	-	PUNCT
ftr-471	934	105	third	third	NOUN
ftr-471	934	106	of	of	ADP
ftr-471	934	107	the	the	DET
ftr-471	934	108	total	total	NOUN
ftr-471	934	109	)	)	PUNCT
ftr-471	934	110	.	.	PUNCT
ftr-471	935	1	following	follow	VERB
ftr-471	935	2	the	the	DET
ftr-471	935	3	distribution	distribution	NOUN
ftr-471	935	4	,	,	PUNCT
ftr-471	935	5	c	c	PROPN
ftr-471	935	6	has	have	VERB
ftr-471	935	7	a	a	DET
ftr-471	935	8	$	$	SYM
ftr-471	935	9	24	24	NUM
ftr-471	935	10	share	share	NOUN
ftr-471	935	11	of	of	ADP
ftr-471	935	12	appreciation	appreciation	NOUN
ftr-471	935	13	in	in	ADP
ftr-471	935	14	inventory	inventory	NOUN
ftr-471	935	15	#	#	SYM
ftr-471	935	16	1	1	NUM
ftr-471	935	17	(	(	PUNCT
ftr-471	935	18	one	one	NUM
ftr-471	935	19	-	-	PUNCT
ftr-471	935	20	fifth	fifth	NOUN
ftr-471	935	21	of	of	ADP
ftr-471	935	22	the	the	DET
ftr-471	935	23	total	total	NOUN
ftr-471	935	24	)	)	PUNCT
ftr-471	935	25	and	and	CCONJ
ftr-471	935	26	inventory	inventory	NOUN
ftr-471	935	27	#	#	SYM
ftr-471	935	28	2	2	NUM
ftr-471	935	29	carries	carry	VERB
ftr-471	935	30	out	out	ADP
ftr-471	935	31	$	$	SYM
ftr-471	935	32	30	30	NUM
ftr-471	935	33	of	of	ADP
ftr-471	935	34	appreciation	appreciation	NOUN
ftr-471	935	35	(	(	PUNCT
ftr-471	935	36	$	$	SYM
ftr-471	935	37	90	90	NUM
ftr-471	935	38	fair	fair	ADJ
ftr-471	935	39	market	market	NOUN
ftr-471	935	40	value	value	NOUN
ftr-471	935	41	less	less	ADV
ftr-471	935	42	transferred	transfer	VERB
ftr-471	935	43	basis	basis	NOUN
ftr-471	935	44	of	of	ADP
ftr-471	935	45	$	$	SYM
ftr-471	935	46	60).205	60).205	NUM
ftr-471	935	47	since	since	SCONJ
ftr-471	935	48	c	c	PROPN
ftr-471	935	49	's	's	PART
ftr-471	935	50	share	share	NOUN
ftr-471	935	51	of	of	ADP
ftr-471	935	52	net	net	ADJ
ftr-471	935	53	hot	hot	ADJ
ftr-471	935	54	asset	asset	NOUN
ftr-471	935	55	gain	gain	NOUN
ftr-471	935	56	increases	increase	NOUN
ftr-471	935	57	from	from	ADP
ftr-471	935	58	$	$	SYM
ftr-471	935	59	50	50	NUM
ftr-471	935	60	to	to	PART
ftr-471	935	61	$	$	SYM
ftr-471	935	62	54	54	NUM
ftr-471	935	63	,	,	PUNCT
ftr-471	935	64	the	the	DET
ftr-471	935	65	nondistributee	nondistributee	NOUN
ftr-471	935	66	partners	partner	NOUN
ftr-471	935	67	(	(	PUNCT
ftr-471	935	68	a	a	PRON
ftr-471	935	69	and	and	CCONJ
ftr-471	935	70	b	b	NOUN
ftr-471	935	71	)	)	PUNCT
ftr-471	935	72	must	must	AUX
ftr-471	935	73	each	each	PRON
ftr-471	935	74	recognize	recognize	VERB
ftr-471	935	75	$	$	SYM
ftr-471	935	76	2	2	NUM
ftr-471	935	77	of	of	ADP
ftr-471	935	78	ordinary	ordinary	ADJ
ftr-471	935	79	204	204	NUM
ftr-471	935	80	.	.	PUNCT
ftr-471	936	1	see	see	VERB
ftr-471	936	2	i	i	PRON
ftr-471	936	3	d.	d.	PROPN
ftr-471	936	4	at	at	ADP
ftr-471	936	5	69	69	NUM
ftr-471	936	6	;	;	PUNCT
ftr-471	936	7	see	see	VERB
ftr-471	936	8	also	also	ADV
ftr-471	936	9	i	i	PROPN
ftr-471	936	10	d.	d.	PROPN
ftr-471	936	11	at	at	ADP
ftr-471	936	12	71	71	NUM
ftr-471	936	13	n.	n.	NOUN
ftr-471	936	14	169	169	NUM
ftr-471	936	15	(	(	PUNCT
ftr-471	936	16	bona	bona	ADJ
ftr-471	936	17	fide	fide	ADJ
ftr-471	936	18	special	special	ADJ
ftr-471	936	19	allocations	allocation	NOUN
ftr-471	936	20	would	would	AUX
ftr-471	936	21	be	be	AUX
ftr-471	936	22	respected	respect	VERB
ftr-471	936	23	)	)	PUNCT
ftr-471	936	24	.	.	PUNCT
ftr-471	937	1	205	205	NUM
ftr-471	937	2	.	.	PUNCT
ftr-471	938	1	it	it	PRON
ftr-471	938	2	is	be	AUX
ftr-471	938	3	assumed	assume	VERB
ftr-471	938	4	that	that	SCONJ
ftr-471	938	5	the	the	DET
ftr-471	938	6	partnership	partnership	NOUN
ftr-471	938	7	does	do	AUX
ftr-471	938	8	not	not	PART
ftr-471	938	9	elect	elect	VERB
ftr-471	938	10	to	to	PART
ftr-471	938	11	book	book	VERB
ftr-471	938	12	up	up	ADP
ftr-471	938	13	its	its	PRON
ftr-471	938	14	assets	asset	NOUN
ftr-471	938	15	or	or	CCONJ
ftr-471	938	16	specially	specially	ADV
ftr-471	938	17	allocate	allocate	VERB
ftr-471	938	18	the	the	DET
ftr-471	938	19	partnership	partnership	NOUN
ftr-471	938	20	's	's	PART
ftr-471	938	21	pre	pre	ADJ
ftr-471	938	22	-	-	ADJ
ftr-471	938	23	distribution	distribution	ADJ
ftr-471	938	24	hot	hot	ADJ
ftr-471	938	25	asset	asset	NOUN
ftr-471	938	26	gain	gain	NOUN
ftr-471	938	27	.	.	PUNCT
ftr-471	939	1	[	[	X
ftr-471	939	2	vol	vol	NOUN
ftr-471	939	3	3:12	3:12	NUM
ftr-471	939	4	partnership	partnership	NOUN
ftr-471	939	5	distributions	distribution	NOUN
ftr-471	939	6	:	:	PUNCT
ftr-471	939	7	options	option	NOUN
ftr-471	939	8	for	for	ADP
ftr-471	939	9	reform	reform	NOUN
ftr-471	939	10	income	income	NOUN
ftr-471	939	11	,	,	PUNCT
ftr-471	939	12	increasing	increase	VERB
ftr-471	939	13	their	their	PRON
ftr-471	939	14	outside	outside	ADJ
ftr-471	939	15	bases	basis	NOUN
ftr-471	939	16	and	and	CCONJ
ftr-471	939	17	the	the	DET
ftr-471	939	18	basis	basis	NOUN
ftr-471	939	19	of	of	ADP
ftr-471	939	20	inventory	inventory	NOUN
ftr-471	939	21	#	#	SYM
ftr-471	939	22	2	2	NUM
ftr-471	939	23	immediately	immediately	ADV
ftr-471	939	24	before	before	ADP
ftr-471	939	25	the	the	DET
ftr-471	939	26	distribution	distribution	NOUN
ftr-471	939	27	.	.	PUNCT
ftr-471	940	1	the	the	DET
ftr-471	940	2	basis	basis	NOUN
ftr-471	940	3	of	of	ADP
ftr-471	940	4	inventory	inventory	NOUN
ftr-471	940	5	#	#	SYM
ftr-471	940	6	2	2	NUM
ftr-471	940	7	is	be	AUX
ftr-471	940	8	increased	increase	VERB
ftr-471	940	9	to	to	ADP
ftr-471	940	10	$	$	SYM
ftr-471	940	11	64	64	NUM
ftr-471	940	12	(	(	PUNCT
ftr-471	940	13	$	$	SYM
ftr-471	940	14	60	60	NUM
ftr-471	940	15	basis	basis	NOUN
ftr-471	940	16	increased	increase	VERB
ftr-471	940	17	by	by	ADP
ftr-471	940	18	$	$	SYM
ftr-471	940	19	4	4	NUM
ftr-471	940	20	gain	gain	NOUN
ftr-471	940	21	recognized	recognize	VERB
ftr-471	940	22	)	)	PUNCT
ftr-471	940	23	in	in	ADP
ftr-471	940	24	c	c	PROPN
ftr-471	940	25	's	's	PART
ftr-471	940	26	hands	hand	NOUN
ftr-471	940	27	,	,	PUNCT
ftr-471	940	28	leaving	leave	VERB
ftr-471	940	29	her	she	PRON
ftr-471	940	30	with	with	ADP
ftr-471	940	31	an	an	DET
ftr-471	940	32	outside	outside	ADJ
ftr-471	940	33	basis	basis	NOUN
ftr-471	940	34	of	of	ADP
ftr-471	940	35	$	$	SYM
ftr-471	940	36	56	56	NUM
ftr-471	940	37	in	in	ADP
ftr-471	940	38	her	her	PRON
ftr-471	940	39	continuing	continue	VERB
ftr-471	940	40	partnership	partnership	NOUN
ftr-471	940	41	interest	interest	NOUN
ftr-471	940	42	.	.	PUNCT
ftr-471	941	1	-06	-06	PUNCT
ftr-471	942	1	the	the	DET
ftr-471	942	2	abc	abc	PROPN
ftr-471	942	3	partnership	partnership	PROPN
ftr-471	942	4	's	's	PART
ftr-471	942	5	post	post	ADJ
ftr-471	942	6	-	-	ADJ
ftr-471	942	7	distribution	distribution	ADJ
ftr-471	942	8	balance	balance	NOUN
ftr-471	942	9	sheet	sheet	NOUN
ftr-471	942	10	is	be	AUX
ftr-471	942	11	as	as	SCONJ
ftr-471	942	12	follows	follow	VERB
ftr-471	942	13	:	:	PUNCT
ftr-471	942	14	assets	asset	NOUN
ftr-471	942	15	basis	basis	NOUN
ftr-471	942	16	value	value	NOUN
ftr-471	942	17	capital	capital	NOUN
ftr-471	942	18	basis	basis	NOUN
ftr-471	942	19	value	value	NOUN
ftr-471	942	20	cash	cash	NOUN
ftr-471	942	21	$	$	SYM
ftr-471	942	22	120	120	NUM
ftr-471	942	23	$	$	SYM
ftr-471	942	24	120	120	NUM
ftr-471	942	25	a	a	DET
ftr-471	942	26	$	$	SYM
ftr-471	942	27	122	122	NUM
ftr-471	942	28	$	$	SYM
ftr-471	942	29	180	180	NUM
ftr-471	942	30	inventory	inventory	NOUN
ftr-471	942	31	#	#	SYM
ftr-471	942	32	1	1	NUM
ftr-471	942	33	60	60	NUM
ftr-471	942	34	180	180	NUM
ftr-471	942	35	b	b	SYM
ftr-471	942	36	122	122	NUM
ftr-471	942	37	180	180	NUM
ftr-471	942	38	securities	security	NOUN
ftr-471	942	39	120	120	NUM
ftr-471	942	40	150	150	NUM
ftr-471	942	41	c	c	NOUN
ftr-471	942	42	56	56	NUM
ftr-471	942	43	90	90	NUM
ftr-471	942	44	total	total	NOUN
ftr-471	942	45	$	$	SYM
ftr-471	942	46	300	300	NUM
ftr-471	942	47	$	$	SYM
ftr-471	942	48	450	450	NUM
ftr-471	942	49	total	total	NOUN
ftr-471	942	50	$	$	SYM
ftr-471	942	51	300	300	NUM
ftr-471	942	52	$	$	SYM
ftr-471	942	53	450	450	NUM
ftr-471	942	54	a	a	PRON
ftr-471	942	55	and	and	CCONJ
ftr-471	942	56	b	b	NOUN
ftr-471	942	57	each	each	PRON
ftr-471	942	58	have	have	VERB
ftr-471	942	59	a	a	DET
ftr-471	942	60	two	two	NUM
ftr-471	942	61	-	-	PUNCT
ftr-471	942	62	fifths	fifth	NOUN
ftr-471	942	63	share	share	NOUN
ftr-471	942	64	(	(	PUNCT
ftr-471	942	65	$	$	SYM
ftr-471	942	66	48	48	NUM
ftr-471	942	67	)	)	PUNCT
ftr-471	942	68	of	of	ADP
ftr-471	942	69	the	the	DET
ftr-471	942	70	appreciation	appreciation	NOUN
ftr-471	942	71	in	in	ADP
ftr-471	942	72	inventory	inventory	NOUN
ftr-471	942	73	#	#	SYM
ftr-471	942	74	1	1	NUM
ftr-471	942	75	,	,	PUNCT
ftr-471	942	76	preserving	preserve	VERB
ftr-471	942	77	their	their	PRON
ftr-471	942	78	$	$	SYM
ftr-471	942	79	50	50	NUM
ftr-471	942	80	share	share	NOUN
ftr-471	942	81	of	of	ADP
ftr-471	942	82	hot	hot	ADJ
ftr-471	942	83	asset	asset	NOUN
ftr-471	942	84	gain	gain	NOUN
ftr-471	942	85	(	(	PUNCT
ftr-471	942	86	$	$	SYM
ftr-471	942	87	48	48	NUM
ftr-471	942	88	plus	plus	CCONJ
ftr-471	942	89	$	$	SYM
ftr-471	942	90	2	2	NUM
ftr-471	942	91	gain	gain	NOUN
ftr-471	942	92	recognized	recognize	VERB
ftr-471	942	93	)	)	PUNCT
ftr-471	942	94	.	.	PUNCT
ftr-471	943	1	in	in	ADP
ftr-471	943	2	addition	addition	NOUN
ftr-471	943	3	,	,	PUNCT
ftr-471	943	4	c	c	PROPN
ftr-471	943	5	has	have	VERB
ftr-471	943	6	a	a	DET
ftr-471	943	7	one	one	NUM
ftr-471	943	8	-	-	PUNCT
ftr-471	943	9	fifth	fifth	ADJ
ftr-471	943	10	share	share	NOUN
ftr-471	943	11	(	(	PUNCT
ftr-471	943	12	$	$	SYM
ftr-471	943	13	24	24	NUM
ftr-471	943	14	)	)	PUNCT
ftr-471	943	15	of	of	ADP
ftr-471	943	16	the	the	DET
ftr-471	943	17	appreciation	appreciation	NOUN
ftr-471	943	18	in	in	ADP
ftr-471	943	19	inventory	inventory	NOUN
ftr-471	943	20	#	#	SYM
ftr-471	943	21	1	1	NUM
ftr-471	943	22	plus	plus	CCONJ
ftr-471	943	23	the	the	DET
ftr-471	943	24	unrealized	unrealized	ADJ
ftr-471	943	25	appreciation	appreciation	NOUN
ftr-471	943	26	(	(	PUNCT
ftr-471	943	27	$	$	SYM
ftr-471	943	28	26	26	NUM
ftr-471	943	29	)	)	PUNCT
ftr-471	943	30	inherent	inherent	ADJ
ftr-471	943	31	in	in	ADP
ftr-471	943	32	inventory	inventory	NOUN
ftr-471	943	33	#	#	SYM
ftr-471	943	34	2	2	NUM
ftr-471	943	35	,	,	PUNCT
ftr-471	943	36	preserving	preserve	VERB
ftr-471	943	37	her	she	PRON
ftr-471	943	38	$	$	SYM
ftr-471	943	39	50	50	NUM
ftr-471	943	40	share	share	NOUN
ftr-471	943	41	of	of	ADP
ftr-471	943	42	hot	hot	ADJ
ftr-471	943	43	asset	asset	NOUN
ftr-471	943	44	gain	gain	NOUN
ftr-471	943	45	.	.	PUNCT
ftr-471	944	1	the	the	DET
ftr-471	944	2	unrealized	unrealized	ADJ
ftr-471	944	3	appreciation	appreciation	NOUN
ftr-471	944	4	in	in	ADP
ftr-471	944	5	the	the	DET
ftr-471	944	6	securities	security	NOUN
ftr-471	944	7	(	(	PUNCT
ftr-471	944	8	$	$	SYM
ftr-471	944	9	30	30	NUM
ftr-471	944	10	)	)	PUNCT
ftr-471	944	11	is	be	AUX
ftr-471	944	12	allocated	allocate	VERB
ftr-471	944	13	four	four	NUM
ftr-471	944	14	-	-	PUNCT
ftr-471	944	15	fifths	fifth	NOUN
ftr-471	944	16	to	to	ADP
ftr-471	944	17	a	a	PRON
ftr-471	944	18	and	and	CCONJ
ftr-471	944	19	b	b	NOUN
ftr-471	944	20	(	(	PUNCT
ftr-471	944	21	$	$	SYM
ftr-471	944	22	12	12	NUM
ftr-471	944	23	each	each	PRON
ftr-471	944	24	)	)	PUNCT
ftr-471	944	25	and	and	CCONJ
ftr-471	944	26	one	one	NUM
ftr-471	944	27	-	-	PUNCT
ftr-471	944	28	fifth	fifth	NOUN
ftr-471	944	29	to	to	ADP
ftr-471	944	30	c	c	PROPN
ftr-471	944	31	(	(	PUNCT
ftr-471	944	32	$	$	SYM
ftr-471	944	33	6	6	NUM
ftr-471	944	34	)	)	PUNCT
ftr-471	944	35	;	;	PUNCT
ftr-471	944	36	thus	thus	ADV
ftr-471	944	37	,	,	PUNCT
ftr-471	944	38	the	the	DET
ftr-471	944	39	partners	partner	NOUN
ftr-471	944	40	'	'	PART
ftr-471	944	41	pre	pre	ADJ
ftr-471	944	42	-	-	ADJ
ftr-471	944	43	distribution	distribution	ADJ
ftr-471	944	44	shares	share	NOUN
ftr-471	944	45	of	of	ADP
ftr-471	944	46	cold	cold	ADJ
ftr-471	944	47	asset	asset	NOUN
ftr-471	944	48	gain	gain	NOUN
ftr-471	944	49	(	(	PUNCT
ftr-471	944	50	$	$	SYM
ftr-471	944	51	10	10	NUM
ftr-471	944	52	)	)	PUNCT
ftr-471	944	53	are	be	AUX
ftr-471	944	54	overstated	overstate	VERB
ftr-471	944	55	or	or	CCONJ
ftr-471	944	56	understated.0	understated.0	VERB
ftr-471	944	57	7	7	NUM
ftr-471	944	58	this	this	DET
ftr-471	944	59	"	"	PUNCT
ftr-471	944	60	temporary	temporary	ADJ
ftr-471	944	61	"	"	PUNCT
ftr-471	944	62	misallocation	misallocation	NOUN
ftr-471	944	63	of	of	ADP
ftr-471	944	64	cold	cold	ADJ
ftr-471	944	65	asset	asset	NOUN
ftr-471	944	66	gain	gain	NOUN
ftr-471	944	67	would	would	AUX
ftr-471	944	68	be	be	AUX
ftr-471	944	69	corrected	correct	VERB
ftr-471	944	70	upon	upon	SCONJ
ftr-471	944	71	liquidation	liquidation	NOUN
ftr-471	944	72	of	of	ADP
ftr-471	944	73	the	the	DET
ftr-471	944	74	partnership	partnership	NOUN
ftr-471	944	75	:	:	PUNCT
ftr-471	944	76	a	a	PRON
ftr-471	944	77	and	and	CCONJ
ftr-471	944	78	b	b	NOUN
ftr-471	944	79	would	would	AUX
ftr-471	944	80	each	each	PRON
ftr-471	944	81	receive	receive	VERB
ftr-471	944	82	a	a	DET
ftr-471	944	83	capital	capital	NOUN
ftr-471	944	84	loss	loss	NOUN
ftr-471	944	85	of	of	ADP
ftr-471	944	86	$	$	SYM
ftr-471	944	87	2	2	NUM
ftr-471	944	88	,	,	PUNCT
ftr-471	944	89	while	while	SCONJ
ftr-471	944	90	c	c	NOUN
ftr-471	944	91	would	would	AUX
ftr-471	944	92	report	report	VERB
ftr-471	944	93	a	a	DET
ftr-471	944	94	capital	capital	NOUN
ftr-471	944	95	gain	gain	NOUN
ftr-471	944	96	of	of	ADP
ftr-471	944	97	$	$	SYM
ftr-471	944	98	4	4	NUM
ftr-471	944	99	.	.	PUNCT
ftr-471	944	100	'	'	PUNCT
ftr-471	945	1	a	a	DET
ftr-471	945	2	distribution	distribution	NOUN
ftr-471	945	3	that	that	PRON
ftr-471	945	4	reduces	reduce	VERB
ftr-471	945	5	but	but	CCONJ
ftr-471	945	6	does	do	AUX
ftr-471	945	7	not	not	PART
ftr-471	945	8	eliminate	eliminate	VERB
ftr-471	945	9	a	a	DET
ftr-471	945	10	partner	partner	NOUN
ftr-471	945	11	's	's	PART
ftr-471	945	12	interest	interest	NOUN
ftr-471	945	13	would	would	AUX
ftr-471	945	14	be	be	AUX
ftr-471	945	15	treated	treat	VERB
ftr-471	945	16	as	as	ADP
ftr-471	945	17	a	a	DET
ftr-471	945	18	current	current	ADJ
ftr-471	945	19	distribution	distribution	NOUN
ftr-471	945	20	rather	rather	ADV
ftr-471	945	21	than	than	ADP
ftr-471	945	22	a	a	DET
ftr-471	945	23	partial	partial	ADJ
ftr-471	945	24	liquidation	liquidation	NOUN
ftr-471	945	25	with	with	ADP
ftr-471	945	26	respect	respect	NOUN
ftr-471	945	27	to	to	ADP
ftr-471	945	28	the	the	DET
ftr-471	945	29	distributee	distributee	NOUN
ftr-471	945	30	.	.	PUNCT
ftr-471	945	31	'	'	PUNCT
ftr-471	946	1	9	9	NUM
ftr-471	946	2	current	current	ADJ
ftr-471	946	3	distribution	distribution	NOUN
ftr-471	946	4	treatment	treatment	NOUN
ftr-471	946	5	preserves	preserve	VERB
ftr-471	946	6	the	the	DET
ftr-471	946	7	distributee	distributee	NOUN
ftr-471	946	8	's	's	PART
ftr-471	946	9	transferred	transfer	VERB
ftr-471	946	10	basis	basis	NOUN
ftr-471	946	11	in	in	ADP
ftr-471	946	12	the	the	DET
ftr-471	946	13	distributed	distribute	VERB
ftr-471	946	14	property	property	NOUN
ftr-471	946	15	,	,	PUNCT
ftr-471	946	16	shifting	shift	VERB
ftr-471	946	17	any	any	DET
ftr-471	946	18	basis	basis	NOUN
ftr-471	946	19	shortfall	shortfall	NOUN
ftr-471	946	20	(	(	PUNCT
ftr-471	946	21	or	or	CCONJ
ftr-471	946	22	excess	excess	NOUN
ftr-471	946	23	)	)	PUNCT
ftr-471	946	24	to	to	ADP
ftr-471	946	25	her	her	PRON
ftr-471	946	26	retained	retain	VERB
ftr-471	946	27	interest	interest	NOUN
ftr-471	946	28	.	.	PUNCT
ftr-471	946	29	'	'	PUNCT
ftr-471	947	1	0	0	NUM
ftr-471	948	1	it	it	PRON
ftr-471	948	2	also	also	ADV
ftr-471	948	3	minimizes	minimize	VERB
ftr-471	948	4	the	the	DET
ftr-471	948	5	206	206	NUM
ftr-471	948	6	.	.	PUNCT
ftr-471	949	1	by	by	ADP
ftr-471	949	2	comparison	comparison	NOUN
ftr-471	949	3	,	,	PUNCT
ftr-471	949	4	the	the	DET
ftr-471	949	5	andrews	andrews	PROPN
ftr-471	949	6	proposals	proposal	NOUN
ftr-471	949	7	would	would	AUX
ftr-471	949	8	require	require	VERB
ftr-471	949	9	no	no	DET
ftr-471	949	10	recognition	recognition	NOUN
ftr-471	949	11	of	of	ADP
ftr-471	949	12	gain	gain	NOUN
ftr-471	949	13	on	on	ADP
ftr-471	949	14	the	the	DET
ftr-471	949	15	distribution	distribution	NOUN
ftr-471	949	16	.	.	PUNCT
ftr-471	950	1	c	c	NOUN
ftr-471	950	2	would	would	AUX
ftr-471	950	3	take	take	VERB
ftr-471	950	4	a	a	DET
ftr-471	950	5	basis	basis	NOUN
ftr-471	950	6	of	of	ADP
ftr-471	950	7	$	$	SYM
ftr-471	950	8	60	60	NUM
ftr-471	950	9	in	in	ADP
ftr-471	950	10	inventory	inventory	NOUN
ftr-471	950	11	#	#	SYM
ftr-471	950	12	2	2	NUM
ftr-471	950	13	(	(	PUNCT
ftr-471	950	14	offsetting	offset	VERB
ftr-471	950	15	$	$	SYM
ftr-471	950	16	5	5	NUM
ftr-471	950	17	positive	positive	ADJ
ftr-471	950	18	adjustment	adjustment	NOUN
ftr-471	950	19	to	to	ADP
ftr-471	950	20	hot	hot	ADJ
ftr-471	950	21	assets	asset	NOUN
ftr-471	950	22	and	and	CCONJ
ftr-471	950	23	$	$	SYM
ftr-471	950	24	5	5	NUM
ftr-471	950	25	negative	negative	ADJ
ftr-471	950	26	adjustment	adjustment	NOUN
ftr-471	950	27	to	to	ADP
ftr-471	950	28	cold	cold	ADJ
ftr-471	950	29	assets	asset	NOUN
ftr-471	950	30	)	)	PUNCT
ftr-471	950	31	,	,	PUNCT
ftr-471	950	32	and	and	CCONJ
ftr-471	950	33	the	the	DET
ftr-471	950	34	partnership	partnership	NOUN
ftr-471	950	35	would	would	AUX
ftr-471	950	36	have	have	VERB
ftr-471	950	37	a	a	DET
ftr-471	950	38	$	$	SYM
ftr-471	950	39	5	5	NUM
ftr-471	950	40	negative	negative	ADJ
ftr-471	950	41	adjustment	adjustment	NOUN
ftr-471	950	42	to	to	ADP
ftr-471	950	43	hot	hot	ADJ
ftr-471	950	44	assets	asset	NOUN
ftr-471	950	45	and	and	CCONJ
ftr-471	950	46	a	a	DET
ftr-471	950	47	$	$	SYM
ftr-471	950	48	5	5	NUM
ftr-471	950	49	positive	positive	ADJ
ftr-471	950	50	adjustment	adjustment	NOUN
ftr-471	950	51	to	to	ADP
ftr-471	950	52	cold	cold	ADJ
ftr-471	950	53	assets	asset	NOUN
ftr-471	950	54	.	.	PUNCT
ftr-471	951	1	see	see	PROPN
ftr-471	951	2	andrews	andrews	PROPN
ftr-471	951	3	,	,	PUNCT
ftr-471	951	4	supra	supra	PROPN
ftr-471	951	5	note	note	PROPN
ftr-471	951	6	12	12	NUM
ftr-471	951	7	,	,	PUNCT
ftr-471	951	8	at	at	ADP
ftr-471	951	9	71	71	NUM
ftr-471	951	10	-	-	SYM
ftr-471	951	11	73	73	NUM
ftr-471	951	12	.	.	PUNCT
ftr-471	952	1	207	207	NUM
ftr-471	952	2	.	.	PUNCT
ftr-471	953	1	the	the	DET
ftr-471	953	2	partners	partner	NOUN
ftr-471	953	3	could	could	AUX
ftr-471	953	4	presumably	presumably	ADV
ftr-471	953	5	avoid	avoid	VERB
ftr-471	953	6	such	such	ADJ
ftr-471	953	7	distortions	distortion	NOUN
ftr-471	953	8	by	by	ADP
ftr-471	953	9	specially	specially	ADV
ftr-471	953	10	allocating	allocate	VERB
ftr-471	953	11	the	the	DET
ftr-471	953	12	gain	gain	NOUN
ftr-471	953	13	inherent	inherent	ADJ
ftr-471	953	14	in	in	ADP
ftr-471	953	15	the	the	DET
ftr-471	953	16	securities	security	NOUN
ftr-471	953	17	.	.	PUNCT
ftr-471	954	1	indeed	indeed	ADV
ftr-471	954	2	,	,	PUNCT
ftr-471	954	3	the	the	DET
ftr-471	954	4	§	§	PROPN
ftr-471	954	5	704(b	704(b	PROPN
ftr-471	954	6	)	)	PUNCT
ftr-471	954	7	regulations	regulation	NOUN
ftr-471	954	8	may	may	AUX
ftr-471	954	9	require	require	VERB
ftr-471	954	10	such	such	ADJ
ftr-471	954	11	special	special	ADJ
ftr-471	954	12	allocations	allocation	NOUN
ftr-471	954	13	.	.	PUNCT
ftr-471	955	1	see	see	VERB
ftr-471	955	2	supra	supra	PROPN
ftr-471	955	3	notes	note	VERB
ftr-471	955	4	139	139	NUM
ftr-471	955	5	-	-	SYM
ftr-471	955	6	53	53	NUM
ftr-471	955	7	and	and	CCONJ
ftr-471	955	8	accompanying	accompany	VERB
ftr-471	955	9	text	text	NOUN
ftr-471	955	10	.	.	PUNCT
ftr-471	956	1	208	208	NUM
ftr-471	956	2	.	.	PUNCT
ftr-471	957	1	with	with	ADP
ftr-471	957	2	respect	respect	NOUN
ftr-471	957	3	to	to	ADP
ftr-471	957	4	a	a	PRON
ftr-471	957	5	and	and	CCONJ
ftr-471	957	6	b	b	NOUN
ftr-471	957	7	,	,	PUNCT
ftr-471	957	8	the	the	DET
ftr-471	957	9	capital	capital	NOUN
ftr-471	957	10	loss	loss	NOUN
ftr-471	957	11	of	of	ADP
ftr-471	957	12	s2	s2	PROPN
ftr-471	957	13	corresponds	correspond	VERB
ftr-471	957	14	to	to	ADP
ftr-471	957	15	the	the	DET
ftr-471	957	16	difference	difference	NOUN
ftr-471	957	17	between	between	ADP
ftr-471	957	18	each	each	DET
ftr-471	957	19	partner	partner	NOUN
ftr-471	957	20	's	's	PART
ftr-471	957	21	two	two	NUM
ftr-471	957	22	-	-	PUNCT
ftr-471	957	23	fifths	fifth	NOUN
ftr-471	957	24	share	share	NOUN
ftr-471	957	25	of	of	ADP
ftr-471	957	26	the	the	DET
ftr-471	957	27	partnership	partnership	NOUN
ftr-471	957	28	's	's	PART
ftr-471	957	29	common	common	ADJ
ftr-471	957	30	basis	basis	NOUN
ftr-471	957	31	(	(	PUNCT
ftr-471	957	32	$	$	SYM
ftr-471	957	33	120	120	NUM
ftr-471	957	34	)	)	PUNCT
ftr-471	957	35	and	and	CCONJ
ftr-471	957	36	her	her	PRON
ftr-471	957	37	outside	outside	ADJ
ftr-471	957	38	basis	basis	NOUN
ftr-471	957	39	(	(	PUNCT
ftr-471	957	40	$	$	SYM
ftr-471	957	41	122	122	NUM
ftr-471	957	42	)	)	PUNCT
ftr-471	957	43	;	;	PUNCT
ftr-471	957	44	with	with	ADP
ftr-471	957	45	respect	respect	NOUN
ftr-471	957	46	to	to	ADP
ftr-471	957	47	c	c	NOUN
ftr-471	957	48	,	,	PUNCT
ftr-471	957	49	the	the	DET
ftr-471	957	50	capital	capital	NOUN
ftr-471	957	51	gain	gain	NOUN
ftr-471	957	52	of	of	ADP
ftr-471	957	53	$	$	SYM
ftr-471	957	54	4	4	NUM
ftr-471	957	55	corresponds	correspond	NOUN
ftr-471	957	56	to	to	ADP
ftr-471	957	57	the	the	DET
ftr-471	957	58	difference	difference	NOUN
ftr-471	957	59	between	between	ADP
ftr-471	957	60	a	a	DET
ftr-471	957	61	one	one	NUM
ftr-471	957	62	-	-	PUNCT
ftr-471	957	63	fifth	fifth	ADJ
ftr-471	957	64	share	share	NOUN
ftr-471	957	65	of	of	ADP
ftr-471	957	66	the	the	DET
ftr-471	957	67	partnership	partnership	NOUN
ftr-471	957	68	's	's	PART
ftr-471	957	69	common	common	ADJ
ftr-471	957	70	basis	basis	NOUN
ftr-471	957	71	(	(	PUNCT
ftr-471	957	72	s60	s60	NOUN
ftr-471	957	73	)	)	PUNCT
ftr-471	957	74	and	and	CCONJ
ftr-471	957	75	c	c	NOUN
ftr-471	957	76	's	's	PART
ftr-471	957	77	outside	outside	ADJ
ftr-471	957	78	basis	basis	NOUN
ftr-471	957	79	(	(	PUNCT
ftr-471	957	80	s56	s56	NOUN
ftr-471	957	81	)	)	PUNCT
ftr-471	957	82	.	.	PUNCT
ftr-471	958	1	209	209	NUM
ftr-471	958	2	.	.	PUNCT
ftr-471	959	1	see	see	VERB
ftr-471	959	2	ali	ali	PROPN
ftr-471	959	3	,	,	PUNCT
ftr-471	959	4	pass	pass	VERB
ftr-471	959	5	-	-	PUNCT
ftr-471	959	6	through	through	ADP
ftr-471	959	7	entities	entity	NOUN
ftr-471	959	8	,	,	PUNCT
ftr-471	959	9	tentative	tentative	ADJ
ftr-471	959	10	draft	draft	NOUN
ftr-471	959	11	memorandum	memorandum	NOUN
ftr-471	959	12	no	no	INTJ
ftr-471	959	13	.	.	NOUN
ftr-471	960	1	3	3	X
ftr-471	960	2	.	.	X
ftr-471	960	3	supra	supra	PROPN
ftr-471	960	4	note	note	PROPN
ftr-471	960	5	202	202	NUM
ftr-471	960	6	,	,	PUNCT
ftr-471	960	7	at	at	ADP
ftr-471	960	8	58	58	NUM
ftr-471	960	9	(	(	PUNCT
ftr-471	960	10	no	no	DET
ftr-471	960	11	partial	partial	ADJ
ftr-471	960	12	-	-	PUNCT
ftr-471	960	13	liquidation	liquidation	NOUN
ftr-471	960	14	rule	rule	NOUN
ftr-471	960	15	at	at	ADP
ftr-471	960	16	the	the	DET
ftr-471	960	17	distributee	distributee	NOUN
ftr-471	960	18	level	level	NOUN
ftr-471	960	19	)	)	PUNCT
ftr-471	960	20	.	.	PUNCT
ftr-471	961	1	210	210	NUM
ftr-471	961	2	.	.	PUNCT
ftr-471	962	1	thus	thus	ADV
ftr-471	962	2	,	,	PUNCT
ftr-471	962	3	c	c	PROPN
ftr-471	962	4	receives	receive	VERB
ftr-471	962	5	a	a	DET
ftr-471	962	6	basis	basis	NOUN
ftr-471	962	7	of	of	ADP
ftr-471	962	8	$	$	SYM
ftr-471	962	9	64	64	NUM
ftr-471	962	10	in	in	ADP
ftr-471	962	11	inventory	inventory	NOUN
ftr-471	962	12	#	#	SYM
ftr-471	962	13	2	2	NUM
ftr-471	962	14	,	,	PUNCT
ftr-471	962	15	leaving	leave	VERB
ftr-471	962	16	her	she	PRON
ftr-471	962	17	with	with	ADP
ftr-471	962	18	a	a	DET
ftr-471	962	19	shortfall	shortfall	NOUN
ftr-471	962	20	of	of	ADP
ftr-471	962	21	$	$	SYM
ftr-471	962	22	4	4	NUM
ftr-471	962	23	in	in	ADP
ftr-471	962	24	the	the	DET
ftr-471	962	25	basis	basis	NOUN
ftr-471	962	26	of	of	ADP
ftr-471	962	27	her	her	PRON
ftr-471	962	28	retained	retain	VERB
ftr-471	962	29	interest	interest	NOUN
ftr-471	962	30	(	(	PUNCT
ftr-471	962	31	$	$	SYM
ftr-471	962	32	56	56	NUM
ftr-471	962	33	)	)	PUNCT
ftr-471	962	34	.	.	PUNCT
ftr-471	963	1	19981	19981	NUM
ftr-471	963	2	florida	florida	PROPN
ftr-471	963	3	tax	tax	NOUN
ftr-471	963	4	review	review	NOUN
ftr-471	963	5	likelihood	likelihood	VERB
ftr-471	963	6	that	that	SCONJ
ftr-471	963	7	the	the	DET
ftr-471	963	8	distributee	distributee	NOUN
ftr-471	963	9	will	will	AUX
ftr-471	963	10	recognize	recognize	VERB
ftr-471	963	11	gain	gain	NOUN
ftr-471	963	12	on	on	ADP
ftr-471	963	13	a	a	DET
ftr-471	963	14	cash	cash	NOUN
ftr-471	963	15	distribution	distribution	NOUN
ftr-471	963	16	.	.	PUNCT
ftr-471	964	1	while	while	SCONJ
ftr-471	964	2	a	a	DET
ftr-471	964	3	partial	partial	ADJ
ftr-471	964	4	-	-	PUNCT
ftr-471	964	5	liquidation	liquidation	NOUN
ftr-471	964	6	rule	rule	NOUN
ftr-471	964	7	would	would	AUX
ftr-471	964	8	treat	treat	VERB
ftr-471	964	9	the	the	DET
ftr-471	964	10	distributee	distributee	NOUN
ftr-471	964	11	as	as	ADP
ftr-471	964	12	surrendering	surrender	VERB
ftr-471	964	13	a	a	DET
ftr-471	964	14	discrete	discrete	ADJ
ftr-471	964	15	portion	portion	NOUN
ftr-471	964	16	of	of	ADP
ftr-471	964	17	her	her	PRON
ftr-471	964	18	partnership	partnership	NOUN
ftr-471	964	19	interest	interest	NOUN
ftr-471	964	20	,	,	PUNCT
ftr-471	964	21	the	the	DET
ftr-471	964	22	rules	rule	NOUN
ftr-471	964	23	of	of	ADP
ftr-471	964	24	subchapter	subchapter	NOUN
ftr-471	964	25	k	k	PROPN
ftr-471	964	26	"	"	PUNCT
ftr-471	964	27	generally	generally	ADV
ftr-471	964	28	treat	treat	VERB
ftr-471	964	29	an	an	DET
ftr-471	964	30	ownership	ownership	NOUN
ftr-471	964	31	interest	interest	NOUN
ftr-471	964	32	as	as	ADP
ftr-471	964	33	a	a	DET
ftr-471	964	34	single	single	ADJ
ftr-471	964	35	,	,	PUNCT
ftr-471	964	36	undivided	undivided	ADJ
ftr-471	964	37	interest	interest	NOUN
ftr-471	964	38	,	,	PUNCT
ftr-471	964	39	rather	rather	ADV
ftr-471	964	40	than	than	ADP
ftr-471	964	41	a	a	DET
ftr-471	964	42	series	series	NOUN
ftr-471	964	43	of	of	ADP
ftr-471	964	44	individual	individual	ADJ
ftr-471	964	45	interests	interest	NOUN
ftr-471	964	46	.	.	PUNCT
ftr-471	965	1	2	2	NUM
ftr-471	965	2	1	1	NUM
ftr-471	965	3	'	'	PUNCT
ftr-471	965	4	nevertheless	nevertheless	ADV
ftr-471	965	5	,	,	PUNCT
ftr-471	965	6	the	the	DET
ftr-471	965	7	lack	lack	NOUN
ftr-471	965	8	of	of	ADP
ftr-471	965	9	a	a	DET
ftr-471	965	10	partialliquidation	partialliquidation	NOUN
ftr-471	965	11	rule	rule	NOUN
ftr-471	965	12	may	may	AUX
ftr-471	965	13	produce	produce	VERB
ftr-471	965	14	peculiar	peculiar	ADJ
ftr-471	965	15	results	result	NOUN
ftr-471	965	16	in	in	ADP
ftr-471	965	17	terms	term	NOUN
ftr-471	965	18	of	of	ADP
ftr-471	965	19	the	the	DET
ftr-471	965	20	relationship	relationship	NOUN
ftr-471	965	21	between	between	ADP
ftr-471	965	22	the	the	DET
ftr-471	965	23	distributee	distributee	NOUN
ftr-471	965	24	's	's	PART
ftr-471	965	25	share	share	NOUN
ftr-471	965	26	of	of	ADP
ftr-471	965	27	unrealized	unrealized	ADJ
ftr-471	965	28	appreciation	appreciation	NOUN
ftr-471	965	29	within	within	ADP
ftr-471	965	30	the	the	DET
ftr-471	965	31	partnership	partnership	NOUN
ftr-471	965	32	,	,	PUNCT
ftr-471	965	33	her	her	PRON
ftr-471	965	34	outside	outside	ADJ
ftr-471	965	35	basis	basis	NOUN
ftr-471	965	36	,	,	PUNCT
ftr-471	965	37	and	and	CCONJ
ftr-471	965	38	the	the	DET
ftr-471	965	39	fair	fair	ADJ
ftr-471	965	40	market	market	NOUN
ftr-471	965	41	value	value	NOUN
ftr-471	965	42	of	of	ADP
ftr-471	965	43	her	her	PRON
ftr-471	965	44	continuing	continue	VERB
ftr-471	965	45	interest	interest	NOUN
ftr-471	965	46	.	.	PUNCT
ftr-471	966	1	for	for	ADP
ftr-471	966	2	example	example	NOUN
ftr-471	966	3	,	,	PUNCT
ftr-471	966	4	assume	assume	VERB
ftr-471	966	5	that	that	SCONJ
ftr-471	966	6	the	the	DET
ftr-471	966	7	abc	abc	PROPN
ftr-471	966	8	partnership	partnership	PROPN
ftr-471	966	9	above	above	ADV
ftr-471	966	10	has	have	VERB
ftr-471	966	11	no	no	DET
ftr-471	966	12	hot	hot	ADJ
ftr-471	966	13	assets	asset	NOUN
ftr-471	966	14	and	and	CCONJ
ftr-471	966	15	distributes	distribute	VERB
ftr-471	966	16	$	$	SYM
ftr-471	966	17	90	90	NUM
ftr-471	966	18	cash	cash	NOUN
ftr-471	966	19	(	(	PUNCT
ftr-471	966	20	rather	rather	ADV
ftr-471	966	21	than	than	ADP
ftr-471	966	22	inventory	inventory	NOUN
ftr-471	966	23	#	#	SYM
ftr-471	966	24	2	2	NUM
ftr-471	966	25	)	)	PUNCT
ftr-471	966	26	to	to	ADP
ftr-471	966	27	c	c	NOUN
ftr-471	966	28	in	in	ADP
ftr-471	966	29	redemption	redemption	NOUN
ftr-471	966	30	of	of	ADP
ftr-471	966	31	one	one	NUM
ftr-471	966	32	-	-	PUNCT
ftr-471	966	33	half	half	NOUN
ftr-471	966	34	of	of	ADP
ftr-471	966	35	her	her	PRON
ftr-471	966	36	interest	interest	NOUN
ftr-471	966	37	.	.	PUNCT
ftr-471	967	1	c	c	NOUN
ftr-471	967	2	would	would	AUX
ftr-471	967	3	treat	treat	VERB
ftr-471	967	4	the	the	DET
ftr-471	967	5	current	current	ADJ
ftr-471	967	6	distribution	distribution	NOUN
ftr-471	967	7	of	of	ADP
ftr-471	967	8	cash	cash	NOUN
ftr-471	967	9	as	as	ADP
ftr-471	967	10	tax	tax	NOUN
ftr-471	967	11	-	-	PUNCT
ftr-471	967	12	free	free	ADJ
ftr-471	967	13	,	,	PUNCT
ftr-471	967	14	reducing	reduce	VERB
ftr-471	967	15	her	she	PRON
ftr-471	967	16	outside	outside	ADJ
ftr-471	967	17	basis	basis	NOUN
ftr-471	967	18	from	from	ADP
ftr-471	967	19	$	$	SYM
ftr-471	967	20	120	120	NUM
ftr-471	967	21	to	to	PART
ftr-471	967	22	$	$	SYM
ftr-471	967	23	30	30	NUM
ftr-471	967	24	.	.	PUNCT
ftr-471	968	1	the	the	DET
ftr-471	968	2	partnership	partnership	NOUN
ftr-471	968	3	's	's	PART
ftr-471	968	4	postdistribution	postdistribution	NOUN
ftr-471	968	5	balance	balance	NOUN
ftr-471	968	6	sheet	sheet	NOUN
ftr-471	968	7	would	would	AUX
ftr-471	968	8	be	be	AUX
ftr-471	968	9	as	as	SCONJ
ftr-471	968	10	follows	follow	VERB
ftr-471	968	11	:	:	PUNCT
ftr-471	968	12	assets	asset	NOUN
ftr-471	968	13	basis	basis	NOUN
ftr-471	968	14	value	value	NOUN
ftr-471	968	15	capital	capital	NOUN
ftr-471	968	16	basis	basis	NOUN
ftr-471	968	17	value	value	NOUN
ftr-471	968	18	cash	cash	NOUN
ftr-471	968	19	$	$	SYM
ftr-471	968	20	30	30	NUM
ftr-471	968	21	$	$	SYM
ftr-471	968	22	30	30	NUM
ftr-471	968	23	a	a	DET
ftr-471	968	24	$	$	SYM
ftr-471	968	25	120	120	NUM
ftr-471	968	26	$	$	SYM
ftr-471	968	27	180	180	NUM
ftr-471	968	28	capital	capital	NOUN
ftr-471	968	29	asset	asset	NOUN
ftr-471	968	30	#	#	SYM
ftr-471	968	31	1	1	NUM
ftr-471	968	32	60	60	NUM
ftr-471	968	33	180	180	NUM
ftr-471	968	34	b	b	SYM
ftr-471	968	35	120	120	NUM
ftr-471	968	36	180	180	NUM
ftr-471	968	37	capital	capital	NOUN
ftr-471	968	38	asset	asset	NOUN
ftr-471	968	39	#	#	SYM
ftr-471	968	40	2	2	NUM
ftr-471	968	41	60	60	NUM
ftr-471	968	42	90	90	NUM
ftr-471	968	43	c	c	NOUN
ftr-471	968	44	30	30	NUM
ftr-471	968	45	90	90	NUM
ftr-471	968	46	capital	capital	NOUN
ftr-471	968	47	asset	asset	NOUN
ftr-471	968	48	#	#	SYM
ftr-471	968	49	3	3	NUM
ftr-471	968	50	120	120	NUM
ftr-471	968	51	150	150	NUM
ftr-471	968	52	total	total	NOUN
ftr-471	968	53	$	$	SYM
ftr-471	968	54	270	270	NUM
ftr-471	968	55	$	$	SYM
ftr-471	968	56	450	450	NUM
ftr-471	968	57	total	total	NOUN
ftr-471	968	58	$	$	SYM
ftr-471	968	59	270	270	NUM
ftr-471	968	60	$	$	SYM
ftr-471	968	61	450	450	NUM
ftr-471	968	62	c	c	PROPN
ftr-471	968	63	's	's	PART
ftr-471	968	64	remaining	remain	VERB
ftr-471	968	65	partnership	partnership	NOUN
ftr-471	968	66	interest	interest	NOUN
ftr-471	968	67	has	have	VERB
ftr-471	968	68	a	a	DET
ftr-471	968	69	fair	fair	ADJ
ftr-471	968	70	market	market	NOUN
ftr-471	968	71	value	value	NOUN
ftr-471	968	72	of	of	ADP
ftr-471	968	73	$	$	SYM
ftr-471	968	74	90	90	NUM
ftr-471	968	75	and	and	CCONJ
ftr-471	968	76	a	a	DET
ftr-471	968	77	basis	basis	NOUN
ftr-471	968	78	of	of	ADP
ftr-471	968	79	$	$	SYM
ftr-471	968	80	30	30	NUM
ftr-471	968	81	.	.	PUNCT
ftr-471	969	1	although	although	SCONJ
ftr-471	969	2	c	c	PROPN
ftr-471	969	3	has	have	VERB
ftr-471	969	4	a	a	DET
ftr-471	969	5	continuing	continue	VERB
ftr-471	969	6	one	one	NUM
ftr-471	969	7	-	-	PUNCT
ftr-471	969	8	fifth	fifth	ADJ
ftr-471	969	9	interest	interest	NOUN
ftr-471	969	10	,	,	PUNCT
ftr-471	969	11	she	she	PRON
ftr-471	969	12	has	have	VERB
ftr-471	969	13	less	less	ADJ
ftr-471	969	14	than	than	ADP
ftr-471	969	15	a	a	DET
ftr-471	969	16	one	one	NUM
ftr-471	969	17	-	-	PUNCT
ftr-471	969	18	fifth	fifth	ADJ
ftr-471	969	19	share	share	NOUN
ftr-471	969	20	of	of	ADP
ftr-471	969	21	the	the	DET
ftr-471	969	22	partnership	partnership	NOUN
ftr-471	969	23	's	's	PART
ftr-471	969	24	post	post	ADJ
ftr-471	969	25	-	-	ADJ
ftr-471	969	26	distribution	distribution	ADJ
ftr-471	969	27	common	common	ADJ
ftr-471	969	28	basis	basis	NOUN
ftr-471	969	29	.	.	PUNCT
ftr-471	970	1	a	a	DET
ftr-471	970	2	partialliquidation	partialliquidation	NOUN
ftr-471	970	3	rule	rule	NOUN
ftr-471	970	4	would	would	AUX
ftr-471	970	5	eliminate	eliminate	VERB
ftr-471	970	6	these	these	DET
ftr-471	970	7	distortions	distortion	NOUN
ftr-471	970	8	by	by	ADP
ftr-471	970	9	requiring	require	VERB
ftr-471	970	10	that	that	SCONJ
ftr-471	970	11	c	c	PROPN
ftr-471	970	12	recognize	recognize	VERB
ftr-471	970	13	gain	gain	NOUN
ftr-471	970	14	of	of	ADP
ftr-471	970	15	$	$	SYM
ftr-471	970	16	30	30	NUM
ftr-471	970	17	on	on	ADP
ftr-471	970	18	the	the	DET
ftr-471	970	19	distribution	distribution	NOUN
ftr-471	970	20	,	,	PUNCT
ftr-471	970	21	i.e.	i.e.	X
ftr-471	970	22	,	,	PUNCT
ftr-471	970	23	the	the	DET
ftr-471	970	24	excess	excess	NOUN
ftr-471	970	25	of	of	ADP
ftr-471	970	26	the	the	DET
ftr-471	970	27	cash	cash	NOUN
ftr-471	970	28	distribution	distribution	NOUN
ftr-471	970	29	(	(	PUNCT
ftr-471	970	30	$	$	SYM
ftr-471	970	31	90	90	NUM
ftr-471	970	32	)	)	PUNCT
ftr-471	970	33	over	over	ADP
ftr-471	970	34	the	the	DET
ftr-471	970	35	allocable	allocable	ADJ
ftr-471	970	36	basis	basis	NOUN
ftr-471	970	37	of	of	ADP
ftr-471	970	38	her	she	PRON
ftr-471	970	39	redeemed	redeem	VERB
ftr-471	970	40	one	one	NUM
ftr-471	970	41	-	-	PUNCT
ftr-471	970	42	half	half	NOUN
ftr-471	970	43	interest	interest	NOUN
ftr-471	970	44	(	(	PUNCT
ftr-471	970	45	$	$	SYM
ftr-471	970	46	60	60	NUM
ftr-471	970	47	)	)	PUNCT
ftr-471	970	48	.	.	PUNCT
ftr-471	971	1	c	c	PROPN
ftr-471	971	2	would	would	AUX
ftr-471	971	3	end	end	VERB
ftr-471	971	4	up	up	ADP
ftr-471	971	5	with	with	ADP
ftr-471	971	6	a	a	DET
ftr-471	971	7	continuing	continue	VERB
ftr-471	971	8	partnership	partnership	NOUN
ftr-471	971	9	interest	interest	NOUN
ftr-471	971	10	having	have	VERB
ftr-471	971	11	a	a	DET
ftr-471	971	12	fair	fair	ADJ
ftr-471	971	13	market	market	NOUN
ftr-471	971	14	value	value	NOUN
ftr-471	971	15	of	of	ADP
ftr-471	971	16	$	$	SYM
ftr-471	971	17	90	90	NUM
ftr-471	971	18	and	and	CCONJ
ftr-471	971	19	a	a	DET
ftr-471	971	20	basis	basis	NOUN
ftr-471	971	21	of	of	ADP
ftr-471	971	22	$	$	SYM
ftr-471	971	23	60	60	NUM
ftr-471	971	24	-	-	PUNCT
ftr-471	971	25	half	half	NOUN
ftr-471	971	26	of	of	ADP
ftr-471	971	27	her	her	PRON
ftr-471	971	28	former	former	ADJ
ftr-471	971	29	interest	interest	NOUN
ftr-471	971	30	in	in	ADP
ftr-471	971	31	terms	term	NOUN
ftr-471	971	32	of	of	ADP
ftr-471	971	33	both	both	DET
ftr-471	971	34	value	value	NOUN
ftr-471	971	35	and	and	CCONJ
ftr-471	971	36	basis	basis	NOUN
ftr-471	971	37	.	.	PUNCT
ftr-471	972	1	the	the	DET
ftr-471	972	2	partnership	partnership	NOUN
ftr-471	972	3	would	would	AUX
ftr-471	972	4	also	also	ADV
ftr-471	972	5	be	be	AUX
ftr-471	972	6	entitled	entitle	VERB
ftr-471	972	7	to	to	PART
ftr-471	972	8	increase	increase	VERB
ftr-471	972	9	the	the	DET
ftr-471	972	10	basis	basis	NOUN
ftr-471	972	11	of	of	ADP
ftr-471	972	12	its	its	PRON
ftr-471	972	13	assets	asset	NOUN
ftr-471	972	14	by	by	ADP
ftr-471	972	15	$	$	SYM
ftr-471	972	16	30	30	NUM
ftr-471	972	17	,	,	PUNCT
ftr-471	972	18	i.e.	i.e.	X
ftr-471	972	19	,	,	PUNCT
ftr-471	972	20	the	the	DET
ftr-471	972	21	excess	excess	NOUN
ftr-471	972	22	of	of	ADP
ftr-471	972	23	the	the	DET
ftr-471	972	24	cash	cash	NOUN
ftr-471	972	25	distribution	distribution	NOUN
ftr-471	972	26	(	(	PUNCT
ftr-471	972	27	$	$	SYM
ftr-471	972	28	90	90	NUM
ftr-471	972	29	)	)	PUNCT
ftr-471	972	30	over	over	ADP
ftr-471	972	31	the	the	DET
ftr-471	972	32	reduction	reduction	NOUN
ftr-471	972	33	in	in	ADP
ftr-471	972	34	c	c	PROPN
ftr-471	972	35	's	's	PART
ftr-471	972	36	share	share	NOUN
ftr-471	972	37	of	of	ADP
ftr-471	972	38	inside	inside	ADJ
ftr-471	972	39	basis	basis	NOUN
ftr-471	972	40	(	(	PUNCT
ftr-471	972	41	$	$	SYM
ftr-471	972	42	60).212	60).212	NUM
ftr-471	972	43	the	the	DET
ftr-471	972	44	unrealized	unrealized	ADJ
ftr-471	972	45	appreciation	appreciation	NOUN
ftr-471	972	46	of	of	ADP
ftr-471	972	47	$	$	SYM
ftr-471	972	48	150	150	NUM
ftr-471	972	49	inherent	inherent	ADJ
ftr-471	972	50	in	in	ADP
ftr-471	972	51	the	the	DET
ftr-471	972	52	partnership	partnership	NOUN
ftr-471	972	53	's	's	PART
ftr-471	972	54	assets	asset	NOUN
ftr-471	972	55	(	(	PUNCT
ftr-471	972	56	$	$	SYM
ftr-471	972	57	450	450	NUM
ftr-471	972	58	fair	fair	ADJ
ftr-471	972	59	market	market	NOUN
ftr-471	972	60	value	value	NOUN
ftr-471	972	61	less	less	ADJ
ftr-471	972	62	$	$	SYM
ftr-471	972	63	300	300	NUM
ftr-471	972	64	basis	basis	NOUN
ftr-471	972	65	)	)	PUNCT
ftr-471	972	66	would	would	AUX
ftr-471	972	67	be	be	AUX
ftr-471	972	68	allocated	allocate	VERB
ftr-471	972	69	four	four	NUM
ftr-471	972	70	-	-	PUNCT
ftr-471	972	71	fifths	fifth	NOUN
ftr-471	972	72	to	to	ADP
ftr-471	972	73	a	a	PRON
ftr-471	972	74	and	and	CCONJ
ftr-471	972	75	b	b	NOUN
ftr-471	972	76	(	(	PUNCT
ftr-471	972	77	$	$	SYM
ftr-471	972	78	120	120	NUM
ftr-471	972	79	)	)	PUNCT
ftr-471	972	80	and	and	CCONJ
ftr-471	972	81	one	one	NUM
ftr-471	972	82	-	-	PUNCT
ftr-471	972	83	fifth	fifth	NOUN
ftr-471	972	84	to	to	ADP
ftr-471	972	85	c	c	PROPN
ftr-471	972	86	(	(	PUNCT
ftr-471	972	87	$	$	SYM
ftr-471	972	88	30	30	NUM
ftr-471	972	89	)	)	PUNCT
ftr-471	972	90	,	,	PUNCT
ftr-471	972	91	preserving	preserve	VERB
ftr-471	972	92	their	their	PRON
ftr-471	972	93	pre	pre	ADJ
ftr-471	972	94	-	-	ADJ
ftr-471	972	95	distribution	distribution	ADJ
ftr-471	972	96	shares	share	NOUN
ftr-471	972	97	of	of	ADP
ftr-471	972	98	partnership	partnership	NOUN
ftr-471	972	99	gain	gain	NOUN
ftr-471	972	100	.	.	PUNCT
ftr-471	973	1	the	the	DET
ftr-471	973	2	partial	partial	ADJ
ftr-471	973	3	-	-	PUNCT
ftr-471	973	4	liquidation	liquidation	NOUN
ftr-471	973	5	rule	rule	NOUN
ftr-471	973	6	ensures	ensure	VERB
ftr-471	973	7	that	that	SCONJ
ftr-471	973	8	each	each	DET
ftr-471	973	9	partner	partner	NOUN
ftr-471	973	10	's	's	PART
ftr-471	973	11	tax	tax	NOUN
ftr-471	973	12	capital	capital	NOUN
ftr-471	973	13	account	account	NOUN
ftr-471	973	14	,	,	PUNCT
ftr-471	973	15	share	share	NOUN
ftr-471	973	16	of	of	ADP
ftr-471	973	17	inside	inside	ADJ
ftr-471	973	18	basis	basis	NOUN
ftr-471	973	19	,	,	PUNCT
ftr-471	973	20	and	and	CCONJ
ftr-471	973	21	share	share	NOUN
ftr-471	973	22	of	of	ADP
ftr-471	973	23	unrealized	unrealized	ADJ
ftr-471	973	24	appreciation	appreciation	NOUN
ftr-471	973	25	correspond	correspond	VERB
ftr-471	973	26	211	211	NUM
ftr-471	973	27	.	.	PUNCT
ftr-471	974	1	ali	ali	PROPN
ftr-471	974	2	,	,	PUNCT
ftr-471	974	3	pass	pass	NOUN
ftr-471	974	4	-	-	PUNCT
ftr-471	974	5	through	through	ADP
ftr-471	974	6	entities	entity	NOUN
ftr-471	974	7	,	,	PUNCT
ftr-471	974	8	tentative	tentative	ADJ
ftr-471	974	9	draft	draft	NOUN
ftr-471	974	10	memorandum	memorandum	NOUN
ftr-471	974	11	no	no	INTJ
ftr-471	974	12	.	.	NOUN
ftr-471	974	13	3	3	NUM
ftr-471	974	14	,	,	PUNCT
ftr-471	974	15	supra	supra	NOUN
ftr-471	974	16	note	note	NOUN
ftr-471	974	17	202	202	NUM
ftr-471	974	18	,	,	PUNCT
ftr-471	974	19	at	at	ADP
ftr-471	974	20	58	58	NUM
ftr-471	974	21	.	.	PUNCT
ftr-471	974	22	212	212	NUM
ftr-471	974	23	.	.	PUNCT
ftr-471	975	1	see	see	VERB
ftr-471	975	2	supra	supra	PROPN
ftr-471	975	3	note	note	VERB
ftr-471	975	4	177	177	NUM
ftr-471	975	5	and	and	CCONJ
ftr-471	975	6	accompanying	accompany	VERB
ftr-471	975	7	text	text	NOUN
ftr-471	975	8	.	.	PUNCT
ftr-471	976	1	[	[	X
ftr-471	976	2	vol	vol	NOUN
ftr-471	976	3	3:12	3:12	NUM
ftr-471	976	4	partnership	partnership	NOUN
ftr-471	976	5	distributions	distribution	NOUN
ftr-471	976	6	:	:	PUNCT
ftr-471	976	7	options	option	NOUN
ftr-471	976	8	for	for	ADP
ftr-471	976	9	reform	reform	NOUN
ftr-471	976	10	to	to	ADP
ftr-471	976	11	her	her	PRON
ftr-471	976	12	continuing	continue	VERB
ftr-471	976	13	interest	interest	NOUN
ftr-471	976	14	in	in	ADP
ftr-471	976	15	the	the	DET
ftr-471	976	16	partnership	partnership	NOUN
ftr-471	976	17	.	.	PUNCT
ftr-471	977	1	as	as	ADP
ftr-471	977	2	a	a	DET
ftr-471	977	3	result	result	NOUN
ftr-471	977	4	,	,	PUNCT
ftr-471	977	5	no	no	DET
ftr-471	977	6	special	special	ADJ
ftr-471	977	7	allocations	allocation	NOUN
ftr-471	977	8	are	be	AUX
ftr-471	977	9	necessary	necessary	ADJ
ftr-471	977	10	to	to	PART
ftr-471	977	11	ensure	ensure	VERB
ftr-471	977	12	that	that	SCONJ
ftr-471	977	13	the	the	DET
ftr-471	977	14	partners	partner	NOUN
ftr-471	977	15	remain	remain	VERB
ftr-471	977	16	taxable	taxable	ADJ
ftr-471	977	17	on	on	ADP
ftr-471	977	18	the	the	DET
ftr-471	977	19	proper	proper	ADJ
ftr-471	977	20	amounts	amount	NOUN
ftr-471	977	21	of	of	ADP
ftr-471	977	22	gain	gain	NOUN
ftr-471	977	23	at	at	ADP
ftr-471	977	24	the	the	DET
ftr-471	977	25	partnership	partnership	NOUN
ftr-471	977	26	level	level	NOUN
ftr-471	977	27	.	.	PUNCT
ftr-471	978	1	in	in	ADP
ftr-471	978	2	the	the	DET
ftr-471	978	3	absence	absence	NOUN
ftr-471	978	4	of	of	ADP
ftr-471	978	5	a	a	DET
ftr-471	978	6	partial	partial	ADJ
ftr-471	978	7	-	-	PUNCT
ftr-471	978	8	liquidation	liquidation	NOUN
ftr-471	978	9	rule	rule	NOUN
ftr-471	978	10	,	,	PUNCT
ftr-471	978	11	it	it	PRON
ftr-471	978	12	would	would	AUX
ftr-471	978	13	be	be	AUX
ftr-471	978	14	inappropriate	inappropriate	ADJ
ftr-471	978	15	to	to	PART
ftr-471	978	16	provide	provide	VERB
ftr-471	978	17	an	an	DET
ftr-471	978	18	upward	upward	ADJ
ftr-471	978	19	adjustment	adjustment	NOUN
ftr-471	978	20	to	to	ADP
ftr-471	978	21	the	the	DET
ftr-471	978	22	partnership	partnership	NOUN
ftr-471	978	23	's	's	PART
ftr-471	978	24	inside	inside	ADJ
ftr-471	978	25	basis	basis	NOUN
ftr-471	978	26	to	to	PART
ftr-471	978	27	reflect	reflect	VERB
ftr-471	978	28	the	the	DET
ftr-471	978	29	gain	gain	NOUN
ftr-471	978	30	that	that	PRON
ftr-471	978	31	should	should	AUX
ftr-471	978	32	have	have	AUX
ftr-471	978	33	been	be	AUX
ftr-471	978	34	recognized	recognize	VERB
ftr-471	978	35	at	at	ADP
ftr-471	978	36	the	the	DET
ftr-471	978	37	distributee	distributee	NOUN
ftr-471	978	38	level.2	level.2	PROPN
ftr-471	978	39	"	"	PUNCT
ftr-471	978	40	'	'	PUNCT
ftr-471	978	41	although	although	SCONJ
ftr-471	978	42	such	such	DET
ftr-471	978	43	an	an	DET
ftr-471	978	44	upward	upward	ADJ
ftr-471	978	45	basis	basis	NOUN
ftr-471	978	46	adjustment	adjustment	NOUN
ftr-471	978	47	would	would	AUX
ftr-471	978	48	ensure	ensure	VERB
ftr-471	978	49	that	that	SCONJ
ftr-471	978	50	a	a	PRON
ftr-471	978	51	and	and	CCONJ
ftr-471	978	52	b	b	NOUN
ftr-471	978	53	are	be	AUX
ftr-471	978	54	taxed	tax	VERB
ftr-471	978	55	on	on	ADP
ftr-471	978	56	only	only	ADV
ftr-471	978	57	their	their	PRON
ftr-471	978	58	pre	pre	ADJ
ftr-471	978	59	-	-	ADJ
ftr-471	978	60	distribution	distribution	ADJ
ftr-471	978	61	share	share	NOUN
ftr-471	978	62	of	of	ADP
ftr-471	978	63	gain	gain	NOUN
ftr-471	978	64	(	(	PUNCT
ftr-471	978	65	$	$	SYM
ftr-471	978	66	120	120	NUM
ftr-471	978	67	)	)	PUNCT
ftr-471	978	68	,	,	PUNCT
ftr-471	978	69	c	c	PROPN
ftr-471	978	70	would	would	AUX
ftr-471	978	71	be	be	AUX
ftr-471	978	72	left	leave	VERB
ftr-471	978	73	with	with	ADP
ftr-471	978	74	too	too	ADV
ftr-471	978	75	small	small	ADJ
ftr-471	978	76	a	a	DET
ftr-471	978	77	share	share	NOUN
ftr-471	978	78	of	of	ADP
ftr-471	978	79	the	the	DET
ftr-471	978	80	gain	gain	NOUN
ftr-471	978	81	inside	inside	ADP
ftr-471	978	82	the	the	DET
ftr-471	978	83	partnership	partnership	NOUN
ftr-471	978	84	(	(	PUNCT
ftr-471	978	85	$	$	SYM
ftr-471	978	86	30).214	30).214	NUM
ftr-471	978	87	the	the	DET
ftr-471	978	88	partial	partial	ADJ
ftr-471	978	89	-	-	PUNCT
ftr-471	978	90	liquidation	liquidation	NOUN
ftr-471	978	91	rule	rule	NOUN
ftr-471	978	92	thus	thus	ADV
ftr-471	978	93	reaches	reach	VERB
ftr-471	978	94	the	the	DET
ftr-471	978	95	correct	correct	ADJ
ftr-471	978	96	result	result	NOUN
ftr-471	978	97	at	at	ADP
ftr-471	978	98	both	both	CCONJ
ftr-471	978	99	the	the	DET
ftr-471	978	100	distributee	distributee	NOUN
ftr-471	978	101	and	and	CCONJ
ftr-471	978	102	partnership	partnership	NOUN
ftr-471	978	103	level	level	NOUN
ftr-471	978	104	.	.	PUNCT
ftr-471	979	1	it	it	PRON
ftr-471	979	2	may	may	AUX
ftr-471	979	3	be	be	AUX
ftr-471	979	4	objected	object	VERB
ftr-471	979	5	that	that	SCONJ
ftr-471	979	6	a	a	DET
ftr-471	979	7	partial	partial	ADJ
ftr-471	979	8	-	-	PUNCT
ftr-471	979	9	liquidation	liquidation	NOUN
ftr-471	979	10	rule	rule	NOUN
ftr-471	979	11	would	would	AUX
ftr-471	979	12	"	"	PUNCT
ftr-471	979	13	violate	violate	VERB
ftr-471	979	14	the	the	DET
ftr-471	979	15	nonrecognition	nonrecognition	NOUN
ftr-471	979	16	objective	objective	NOUN
ftr-471	979	17	unnecessarily	unnecessarily	ADV
ftr-471	979	18	.	.	PUNCT
ftr-471	980	1	"2	"2	PROPN
ftr-471	980	2	5	5	NUM
ftr-471	980	3	without	without	ADP
ftr-471	980	4	a	a	DET
ftr-471	980	5	partial	partial	ADJ
ftr-471	980	6	-	-	PUNCT
ftr-471	980	7	liquidation	liquidation	NOUN
ftr-471	980	8	rule	rule	NOUN
ftr-471	980	9	,	,	PUNCT
ftr-471	980	10	however	however	ADV
ftr-471	980	11	,	,	PUNCT
ftr-471	980	12	special	special	ADJ
ftr-471	980	13	allocations	allocation	NOUN
ftr-471	980	14	would	would	AUX
ftr-471	980	15	continue	continue	VERB
ftr-471	980	16	to	to	PART
ftr-471	980	17	be	be	AUX
ftr-471	980	18	necessary	necessary	ADJ
ftr-471	980	19	to	to	PART
ftr-471	980	20	properly	properly	ADV
ftr-471	980	21	align	align	VERB
ftr-471	980	22	the	the	DET
ftr-471	980	23	partners	partner	NOUN
ftr-471	980	24	'	'	PART
ftr-471	980	25	continuing	continue	VERB
ftr-471	980	26	interests	interest	NOUN
ftr-471	980	27	in	in	ADP
ftr-471	980	28	the	the	DET
ftr-471	980	29	partnership	partnership	NOUN
ftr-471	980	30	's	's	PART
ftr-471	980	31	cold	cold	ADJ
ftr-471	980	32	asset	asset	NOUN
ftr-471	980	33	gain	gain	NOUN
ftr-471	980	34	.	.	PUNCT
ftr-471	981	1	thus	thus	ADV
ftr-471	981	2	,	,	PUNCT
ftr-471	981	3	a	a	DET
ftr-471	981	4	partial	partial	ADJ
ftr-471	981	5	-	-	PUNCT
ftr-471	981	6	liquidation	liquidation	NOUN
ftr-471	981	7	rule	rule	NOUN
ftr-471	981	8	seems	seem	VERB
ftr-471	981	9	essential	essential	ADJ
ftr-471	981	10	to	to	PART
ftr-471	981	11	permit	permit	VERB
ftr-471	981	12	the	the	DET
ftr-471	981	13	partnership	partnership	NOUN
ftr-471	981	14	's	's	PART
ftr-471	981	15	accounting	accounting	NOUN
ftr-471	981	16	to	to	PART
ftr-471	981	17	go	go	VERB
ftr-471	981	18	forward	forward	ADV
ftr-471	981	19	on	on	ADP
ftr-471	981	20	a	a	DET
ftr-471	981	21	simplified	simplified	ADJ
ftr-471	981	22	basis	basis	NOUN
ftr-471	981	23	and	and	CCONJ
ftr-471	981	24	minimize	minimize	VERB
ftr-471	981	25	the	the	DET
ftr-471	981	26	need	need	NOUN
ftr-471	981	27	for	for	ADP
ftr-471	981	28	special	special	ADJ
ftr-471	981	29	allocations	allocation	NOUN
ftr-471	981	30	.	.	PUNCT
ftr-471	982	1	the	the	DET
ftr-471	982	2	compromise	compromise	NOUN
ftr-471	982	3	proposal	proposal	NOUN
ftr-471	982	4	is	be	AUX
ftr-471	982	5	attractive	attractive	ADJ
ftr-471	982	6	because	because	SCONJ
ftr-471	982	7	of	of	ADP
ftr-471	982	8	its	its	PRON
ftr-471	982	9	ability	ability	NOUN
ftr-471	982	10	to	to	PART
ftr-471	982	11	preserve	preserve	VERB
ftr-471	982	12	a	a	DET
ftr-471	982	13	transferred	transfer	VERB
ftr-471	982	14	basis	basis	NOUN
ftr-471	982	15	in	in	ADP
ftr-471	982	16	distributed	distribute	VERB
ftr-471	982	17	property	property	NOUN
ftr-471	982	18	in	in	ADP
ftr-471	982	19	the	the	DET
ftr-471	982	20	hands	hand	NOUN
ftr-471	982	21	of	of	ADP
ftr-471	982	22	the	the	DET
ftr-471	982	23	distributee	distributee	NOUN
ftr-471	982	24	,	,	PUNCT
ftr-471	982	25	thereby	thereby	ADV
ftr-471	982	26	avoiding	avoid	VERB
ftr-471	982	27	frequent	frequent	ADJ
ftr-471	982	28	basis	basis	NOUN
ftr-471	982	29	reallocations	reallocation	NOUN
ftr-471	982	30	.	.	PUNCT
ftr-471	983	1	this	this	DET
ftr-471	983	2	goal	goal	NOUN
ftr-471	983	3	is	be	AUX
ftr-471	983	4	in	in	ADP
ftr-471	983	5	tension	tension	NOUN
ftr-471	983	6	,	,	PUNCT
ftr-471	983	7	however	however	ADV
ftr-471	983	8	,	,	PUNCT
ftr-471	983	9	with	with	ADP
ftr-471	983	10	the	the	DET
ftr-471	983	11	need	need	NOUN
ftr-471	983	12	to	to	PART
ftr-471	983	13	treat	treat	VERB
ftr-471	983	14	a	a	DET
ftr-471	983	15	distribution	distribution	NOUN
ftr-471	983	16	as	as	ADP
ftr-471	983	17	a	a	DET
ftr-471	983	18	partial	partial	ADJ
ftr-471	983	19	liquidation	liquidation	NOUN
ftr-471	983	20	at	at	ADP
ftr-471	983	21	the	the	DET
ftr-471	983	22	distributee	distributee	NOUN
ftr-471	983	23	level	level	NOUN
ftr-471	983	24	in	in	ADP
ftr-471	983	25	order	order	NOUN
ftr-471	983	26	to	to	PART
ftr-471	983	27	simplify	simplify	VERB
ftr-471	983	28	the	the	DET
ftr-471	983	29	partnership	partnership	NOUN
ftr-471	983	30	's	's	PART
ftr-471	983	31	post	post	ADJ
ftr-471	983	32	-	-	ADJ
ftr-471	983	33	distribution	distribution	ADJ
ftr-471	983	34	accounting	accounting	NOUN
ftr-471	983	35	.	.	PUNCT
ftr-471	984	1	if	if	SCONJ
ftr-471	984	2	thoroughgoing	thoroughgoe	VERB
ftr-471	984	3	partialliquidation	partialliquidation	NOUN
ftr-471	984	4	treatment	treatment	NOUN
ftr-471	984	5	is	be	AUX
ftr-471	984	6	deemed	deem	VERB
ftr-471	984	7	unacceptable	unacceptable	ADJ
ftr-471	984	8	,	,	PUNCT
ftr-471	984	9	it	it	PRON
ftr-471	984	10	will	will	AUX
ftr-471	984	11	be	be	AUX
ftr-471	984	12	difficult	difficult	ADJ
ftr-471	984	13	to	to	PART
ftr-471	984	14	avoid	avoid	VERB
ftr-471	984	15	complex	complex	ADJ
ftr-471	984	16	special	special	ADJ
ftr-471	984	17	allocations	allocation	NOUN
ftr-471	984	18	to	to	PART
ftr-471	984	19	preserve	preserve	VERB
ftr-471	984	20	the	the	DET
ftr-471	984	21	partners	partner	NOUN
ftr-471	984	22	'	'	PART
ftr-471	984	23	pre	pre	ADJ
ftr-471	984	24	-	-	ADJ
ftr-471	984	25	distribution	distribution	ADJ
ftr-471	984	26	shares	share	NOUN
ftr-471	984	27	of	of	ADP
ftr-471	984	28	unrealized	unrealized	ADJ
ftr-471	984	29	appreciation	appreciation	NOUN
ftr-471	984	30	.	.	PUNCT
ftr-471	985	1	v.	v.	ADP
ftr-471	985	2	prospects	prospect	NOUN
ftr-471	985	3	for	for	ADP
ftr-471	985	4	the	the	DET
ftr-471	985	5	future	future	NOUN
ftr-471	985	6	of	of	ADP
ftr-471	985	7	section	section	NOUN
ftr-471	985	8	751(b	751(b	PROPN
ftr-471	985	9	)	)	PUNCT
ftr-471	985	10	a.	a.	NOUN
ftr-471	985	11	radical	radical	PROPN
ftr-471	985	12	sirnplification	sirnplification	NOUN
ftr-471	985	13	:	:	PUNCT
ftr-471	985	14	repeal	repeal	NOUN
ftr-471	985	15	of	of	ADP
ftr-471	985	16	section	section	NOUN
ftr-471	985	17	751(b	751(b	PROPN
ftr-471	985	18	)	)	PUNCT
ftr-471	985	19	one	one	NUM
ftr-471	985	20	proposal	proposal	NOUN
ftr-471	985	21	for	for	ADP
ftr-471	985	22	radical	radical	ADJ
ftr-471	985	23	simplification	simplification	NOUN
ftr-471	985	24	of	of	ADP
ftr-471	985	25	the	the	DET
ftr-471	985	26	partnership	partnership	NOUN
ftr-471	985	27	distribution	distribution	NOUN
ftr-471	985	28	provisions	provision	NOUN
ftr-471	985	29	would	would	AUX
ftr-471	985	30	involve	involve	VERB
ftr-471	985	31	outright	outright	ADJ
ftr-471	985	32	repeal	repeal	NOUN
ftr-471	985	33	of	of	ADP
ftr-471	985	34	section	section	NOUN
ftr-471	985	35	751(b	751(b	PROPN
ftr-471	985	36	)	)	PUNCT
ftr-471	985	37	.	.	PUNCT
ftr-471	986	1	as	as	SCONJ
ftr-471	986	2	the	the	DET
ftr-471	986	3	1957	1957	NUM
ftr-471	986	4	advisory	advisory	ADJ
ftr-471	986	5	group	group	NOUN
ftr-471	986	6	on	on	ADP
ftr-471	986	7	subchapter	subchapter	NOUN
ftr-471	986	8	k	k	PROPN
ftr-471	986	9	recognized	recognize	VERB
ftr-471	986	10	,	,	PUNCT
ftr-471	986	11	repeal	repeal	NOUN
ftr-471	986	12	of	of	ADP
ftr-471	986	13	section	section	NOUN
ftr-471	986	14	751(b	751(b	PROPN
ftr-471	986	15	)	)	PUNCT
ftr-471	986	16	would	would	AUX
ftr-471	986	17	open	open	VERB
ftr-471	986	18	the	the	DET
ftr-471	986	19	door	door	NOUN
ftr-471	986	20	to	to	ADP
ftr-471	986	21	shifting	shift	VERB
ftr-471	986	22	of	of	ADP
ftr-471	986	23	ordinary	ordinary	ADJ
ftr-471	986	24	income	income	NOUN
ftr-471	986	25	and	and	CCONJ
ftr-471	986	26	capital	capital	NOUN
ftr-471	986	27	gain	gain	NOUN
ftr-471	986	28	among	among	ADP
ftr-471	986	29	partners	partner	NOUN
ftr-471	986	30	.	.	PUNCT
ftr-471	987	1	213	213	NUM
ftr-471	987	2	.	.	PUNCT
ftr-471	987	3	compare	compare	PROPN
ftr-471	987	4	al	al	PROPN
ftr-471	987	5	,	,	PUNCT
ftr-471	987	6	pass	pass	VERB
ftr-471	987	7	-	-	PUNCT
ftr-471	987	8	through	through	ADP
ftr-471	987	9	entities	entity	NOUN
ftr-471	987	10	.	.	PUNCT
ftr-471	988	1	tentative	tentative	ADJ
ftr-471	988	2	draft	draft	NOUN
ftr-471	988	3	memorandum	memorandum	NOUN
ftr-471	988	4	no	no	INTJ
ftr-471	988	5	.	.	NOUN
ftr-471	989	1	3	3	X
ftr-471	989	2	.	.	X
ftr-471	989	3	supra	supra	PROPN
ftr-471	989	4	note	note	PROPN
ftr-471	989	5	202	202	NUM
ftr-471	989	6	,	,	PUNCT
ftr-471	989	7	at	at	ADP
ftr-471	989	8	32	32	NUM
ftr-471	989	9	(	(	PUNCT
ftr-471	989	10	partial	partial	ADJ
ftr-471	989	11	-	-	PUNCT
ftr-471	989	12	liquidation	liquidation	NOUN
ftr-471	989	13	treatment	treatment	NOUN
ftr-471	989	14	at	at	ADP
ftr-471	989	15	partnership	partnership	NOUN
ftr-471	989	16	level	level	NOUN
ftr-471	989	17	)	)	PUNCT
ftr-471	989	18	with	with	ADP
ftr-471	989	19	i	i	PROPN
ftr-471	989	20	d.	d.	PROPN
ftr-471	989	21	at	at	ADP
ftr-471	989	22	41	41	NUM
ftr-471	989	23	-	-	SYM
ftr-471	989	24	42	42	NUM
ftr-471	989	25	(	(	PUNCT
ftr-471	989	26	current	current	ADJ
ftr-471	989	27	-	-	PUNCT
ftr-471	989	28	distribution	distribution	NOUN
ftr-471	989	29	treatment	treatment	NOUN
ftr-471	989	30	at	at	ADP
ftr-471	989	31	distributee	distributee	NOUN
ftr-471	989	32	level	level	NOUN
ftr-471	989	33	)	)	PUNCT
ftr-471	989	34	.	.	PUNCT
ftr-471	990	1	214	214	NUM
ftr-471	990	2	.	.	PUNCT
ftr-471	991	1	while	while	SCONJ
ftr-471	991	2	additional	additional	ADJ
ftr-471	991	3	gain	gain	NOUN
ftr-471	991	4	of	of	ADP
ftr-471	991	5	$	$	SYM
ftr-471	991	6	30	30	NUM
ftr-471	991	7	would	would	AUX
ftr-471	991	8	be	be	AUX
ftr-471	991	9	preserved	preserve	VERB
ftr-471	991	10	in	in	ADP
ftr-471	991	11	c	c	PROPN
ftr-471	991	12	's	's	PART
ftr-471	991	13	low	low	ADJ
ftr-471	991	14	basis	basis	NOUN
ftr-471	991	15	in	in	ADP
ftr-471	991	16	her	her	PRON
ftr-471	991	17	partnership	partnership	NOUN
ftr-471	991	18	interest	interest	NOUN
ftr-471	991	19	,	,	PUNCT
ftr-471	991	20	such	such	ADJ
ftr-471	991	21	gain	gain	NOUN
ftr-471	991	22	could	could	AUX
ftr-471	991	23	be	be	AUX
ftr-471	991	24	deferred	defer	VERB
ftr-471	991	25	until	until	ADP
ftr-471	991	26	sale	sale	NOUN
ftr-471	991	27	of	of	ADP
ftr-471	991	28	c	c	PROPN
ftr-471	991	29	's	's	PART
ftr-471	991	30	interest	interest	NOUN
ftr-471	991	31	or	or	CCONJ
ftr-471	991	32	liquidation	liquidation	NOUN
ftr-471	991	33	of	of	ADP
ftr-471	991	34	the	the	DET
ftr-471	991	35	partnership	partnership	NOUN
ftr-471	991	36	.	.	PUNCT
ftr-471	992	1	215	215	NUM
ftr-471	992	2	.	.	X
ftr-471	992	3	ali	ali	PROPN
ftr-471	992	4	,	,	PUNCT
ftr-471	992	5	pass	pass	NOUN
ftr-471	992	6	-	-	PUNCT
ftr-471	992	7	through	through	ADP
ftr-471	992	8	entities	entity	NOUN
ftr-471	992	9	,	,	PUNCT
ftr-471	992	10	tentative	tentative	ADJ
ftr-471	992	11	draft	draft	NOUN
ftr-471	992	12	memorandum	memorandum	NOUN
ftr-471	992	13	no	no	INTJ
ftr-471	992	14	.	.	NOUN
ftr-471	993	1	3	3	X
ftr-471	993	2	.	.	X
ftr-471	993	3	supra	supra	PROPN
ftr-471	993	4	note	note	PROPN
ftr-471	993	5	202	202	NUM
ftr-471	993	6	,	,	PUNCT
ftr-471	993	7	at	at	ADP
ftr-471	993	8	57	57	NUM
ftr-471	993	9	.	.	PUNCT
ftr-471	993	10	19981	19981	NUM
ftr-471	994	1	florida	florida	PROPN
ftr-471	994	2	tax	tax	PROPN
ftr-471	994	3	review	review	NOUN
ftr-471	994	4	the	the	DET
ftr-471	994	5	advisory	advisory	ADJ
ftr-471	994	6	group	group	NOUN
ftr-471	994	7	nevertheless	nevertheless	ADV
ftr-471	994	8	considered	consider	VERB
ftr-471	994	9	that	that	SCONJ
ftr-471	994	10	repealing	repealing	NOUN
ftr-471	994	11	section	section	NOUN
ftr-471	994	12	751(b	751(b	PROPN
ftr-471	994	13	)	)	PUNCT
ftr-471	994	14	would	would	AUX
ftr-471	994	15	strike	strike	VERB
ftr-471	994	16	a	a	DET
ftr-471	994	17	workable	workable	ADJ
ftr-471	994	18	balance	balance	NOUN
ftr-471	994	19	between	between	ADP
ftr-471	994	20	"	"	PUNCT
ftr-471	994	21	simplicity	simplicity	NOUN
ftr-471	994	22	"	"	PUNCT
ftr-471	994	23	and	and	CCONJ
ftr-471	994	24	the	the	DET
ftr-471	994	25	desire	desire	NOUN
ftr-471	994	26	to	to	PART
ftr-471	994	27	minimize	minimize	VERB
ftr-471	994	28	tax	tax	NOUN
ftr-471	994	29	planning	planning	NOUN
ftr-471	994	30	opportunities.1	opportunities.1	PROPN
ftr-471	994	31	6	6	NUM
ftr-471	994	32	forty	forty	NUM
ftr-471	994	33	years	year	NOUN
ftr-471	994	34	later	later	ADV
ftr-471	994	35	,	,	PUNCT
ftr-471	994	36	while	while	SCONJ
ftr-471	994	37	section	section	NOUN
ftr-471	994	38	751(b	751(b	PROPN
ftr-471	994	39	)	)	PUNCT
ftr-471	994	40	continues	continue	VERB
ftr-471	994	41	to	to	PART
ftr-471	994	42	be	be	AUX
ftr-471	994	43	perceived	perceive	VERB
ftr-471	994	44	as	as	ADP
ftr-471	994	45	monstrously	monstrously	ADV
ftr-471	994	46	complex	complex	ADJ
ftr-471	994	47	,	,	PUNCT
ftr-471	994	48	the	the	DET
ftr-471	994	49	prospects	prospect	NOUN
ftr-471	994	50	for	for	ADP
ftr-471	994	51	outright	outright	ADJ
ftr-471	994	52	repeal	repeal	NOUN
ftr-471	994	53	seem	seem	VERB
ftr-471	994	54	relatively	relatively	ADV
ftr-471	994	55	dim	dim	ADJ
ftr-471	994	56	.	.	PUNCT
ftr-471	995	1	in	in	ADP
ftr-471	995	2	light	light	NOUN
ftr-471	995	3	of	of	ADP
ftr-471	995	4	recent	recent	ADJ
ftr-471	995	5	attacks	attack	NOUN
ftr-471	995	6	on	on	ADP
ftr-471	995	7	incomeshifting	incomeshifte	VERB
ftr-471	995	8	within	within	ADP
ftr-471	995	9	subchapter	subchapter	NOUN
ftr-471	995	10	k	k	PROPN
ftr-471	995	11	,	,	PUNCT
ftr-471	995	12	congress	congress	PROPN
ftr-471	995	13	is	be	AUX
ftr-471	995	14	unlikely	unlikely	ADJ
ftr-471	995	15	to	to	PART
ftr-471	995	16	look	look	VERB
ftr-471	995	17	favorably	favorably	ADV
ftr-471	995	18	on	on	ADP
ftr-471	995	19	proposals	proposal	NOUN
ftr-471	995	20	to	to	PART
ftr-471	995	21	relax	relax	VERB
ftr-471	995	22	the	the	DET
ftr-471	995	23	distribution	distribution	NOUN
ftr-471	995	24	rules	rule	NOUN
ftr-471	995	25	even	even	ADV
ftr-471	995	26	further	far	ADV
ftr-471	995	27	.	.	PUNCT
ftr-471	996	1	indeed	indeed	ADV
ftr-471	996	2	,	,	PUNCT
ftr-471	996	3	the	the	DET
ftr-471	996	4	1997	1997	NUM
ftr-471	996	5	act	act	NOUN
ftr-471	996	6	has	have	AUX
ftr-471	996	7	arguably	arguably	ADV
ftr-471	996	8	revitalized	revitalize	VERB
ftr-471	996	9	the	the	DET
ftr-471	996	10	role	role	NOUN
ftr-471	996	11	of	of	ADP
ftr-471	996	12	section	section	NOUN
ftr-471	996	13	751(b	751(b	PROPN
ftr-471	996	14	)	)	PUNCT
ftr-471	996	15	by	by	ADP
ftr-471	996	16	restoring	restore	VERB
ftr-471	996	17	a	a	DET
ftr-471	996	18	significant	significant	ADJ
ftr-471	996	19	capital	capital	NOUN
ftr-471	996	20	gains	gain	NOUN
ftr-471	996	21	preference	preference	NOUN
ftr-471	996	22	.	.	PUNCT
ftr-471	997	1	it	it	PRON
ftr-471	997	2	is	be	AUX
ftr-471	997	3	not	not	PART
ftr-471	997	4	surprising	surprising	ADJ
ftr-471	997	5	,	,	PUNCT
ftr-471	997	6	therefore	therefore	ADV
ftr-471	997	7	,	,	PUNCT
ftr-471	997	8	that	that	SCONJ
ftr-471	997	9	most	most	ADJ
ftr-471	997	10	partnership	partnership	NOUN
ftr-471	997	11	reformers	reformer	NOUN
ftr-471	997	12	accept	accept	VERB
ftr-471	997	13	the	the	DET
ftr-471	997	14	continuing	continue	VERB
ftr-471	997	15	need	need	NOUN
ftr-471	997	16	for	for	ADP
ftr-471	997	17	some	some	DET
ftr-471	997	18	form	form	NOUN
ftr-471	997	19	of	of	ADP
ftr-471	997	20	section	section	NOUN
ftr-471	997	21	751(b	751(b	PROPN
ftr-471	997	22	)	)	PUNCT
ftr-471	997	23	.	.	PUNCT
ftr-471	998	1	in	in	ADP
ftr-471	998	2	the	the	DET
ftr-471	998	3	absence	absence	NOUN
ftr-471	998	4	of	of	ADP
ftr-471	998	5	section	section	NOUN
ftr-471	998	6	751(b	751(b	PROPN
ftr-471	998	7	)	)	PUNCT
ftr-471	998	8	,	,	PUNCT
ftr-471	998	9	partners	partner	NOUN
ftr-471	998	10	could	could	AUX
ftr-471	998	11	use	use	VERB
ftr-471	998	12	distributions	distribution	NOUN
ftr-471	998	13	to	to	PART
ftr-471	998	14	shift	shift	VERB
ftr-471	998	15	the	the	DET
ftr-471	998	16	character	character	NOUN
ftr-471	998	17	of	of	ADP
ftr-471	998	18	income	income	NOUN
ftr-471	998	19	among	among	ADP
ftr-471	998	20	themselves	themselves	PRON
ftr-471	998	21	in	in	ADP
ftr-471	998	22	a	a	DET
ftr-471	998	23	manner	manner	NOUN
ftr-471	998	24	that	that	PRON
ftr-471	998	25	reduces	reduce	VERB
ftr-471	998	26	their	their	PRON
ftr-471	998	27	overall	overall	ADJ
ftr-471	998	28	tax	tax	NOUN
ftr-471	998	29	burden.217	burden.217	NOUN
ftr-471	998	30	yet	yet	ADV
ftr-471	998	31	the	the	DET
ftr-471	998	32	case	case	NOUN
ftr-471	998	33	for	for	ADP
ftr-471	998	34	retaining	retain	VERB
ftr-471	998	35	section	section	NOUN
ftr-471	998	36	751(b	751(b	PROPN
ftr-471	998	37	)	)	PUNCT
ftr-471	998	38	may	may	AUX
ftr-471	998	39	be	be	AUX
ftr-471	998	40	less	less	ADV
ftr-471	998	41	strong	strong	ADJ
ftr-471	998	42	than	than	SCONJ
ftr-471	998	43	it	it	PRON
ftr-471	998	44	appears	appear	VERB
ftr-471	998	45	at	at	ADP
ftr-471	998	46	first	first	ADJ
ftr-471	998	47	glance	glance	NOUN
ftr-471	998	48	.	.	PUNCT
ftr-471	999	1	in	in	ADP
ftr-471	999	2	other	other	ADJ
ftr-471	999	3	situations	situation	NOUN
ftr-471	999	4	,	,	PUNCT
ftr-471	999	5	the	the	DET
ftr-471	999	6	section	section	NOUN
ftr-471	999	7	704(b	704(b	PROPN
ftr-471	999	8	)	)	PUNCT
ftr-471	999	9	regulations	regulation	NOUN
ftr-471	999	10	rely	rely	VERB
ftr-471	999	11	on	on	ADP
ftr-471	999	12	a	a	DET
ftr-471	999	13	general	general	ADJ
ftr-471	999	14	anti	anti	ADJ
ftr-471	999	15	-	-	ADJ
ftr-471	999	16	abuse	abuse	ADJ
ftr-471	999	17	rule	rule	NOUN
ftr-471	999	18	to	to	PART
ftr-471	999	19	safeguard	safeguard	VERB
ftr-471	999	20	against	against	ADP
ftr-471	999	21	"	"	PUNCT
ftr-471	999	22	character	character	NOUN
ftr-471	999	23	"	"	PUNCT
ftr-471	999	24	allocations	allocation	NOUN
ftr-471	999	25	intended	intend	VERB
ftr-471	999	26	to	to	PART
ftr-471	999	27	improve	improve	VERB
ftr-471	999	28	the	the	DET
ftr-471	999	29	partners	partner	NOUN
ftr-471	999	30	'	'	PART
ftr-471	999	31	overall	overall	ADJ
ftr-471	999	32	tax	tax	NOUN
ftr-471	999	33	position	position	NOUN
ftr-471	999	34	with	with	ADP
ftr-471	999	35	little	little	ADJ
ftr-471	999	36	or	or	CCONJ
ftr-471	999	37	no	no	PRON
ftr-471	999	38	economic	economic	ADJ
ftr-471	999	39	risk.18	risk.18	NOUN
ftr-471	999	40	thus	thus	ADV
ftr-471	999	41	,	,	PUNCT
ftr-471	999	42	the	the	DET
ftr-471	999	43	anti	anti	ADJ
ftr-471	999	44	-	-	ADJ
ftr-471	999	45	shifting	shifting	ADJ
ftr-471	999	46	function	function	NOUN
ftr-471	999	47	of	of	ADP
ftr-471	999	48	section	section	NOUN
ftr-471	999	49	751(b	751(b	PROPN
ftr-471	999	50	)	)	PUNCT
ftr-471	999	51	might	might	AUX
ftr-471	999	52	be	be	AUX
ftr-471	999	53	viewed	view	VERB
ftr-471	999	54	as	as	ADP
ftr-471	999	55	statutory	statutory	ADJ
ftr-471	999	56	"	"	PUNCT
ftr-471	999	57	overkill	overkill	NOUN
ftr-471	999	58	.	.	PUNCT
ftr-471	999	59	"	"	PUNCT
ftr-471	1000	1	as	as	ADP
ftr-471	1000	2	a	a	DET
ftr-471	1000	3	practical	practical	ADJ
ftr-471	1000	4	matter	matter	NOUN
ftr-471	1000	5	,	,	PUNCT
ftr-471	1000	6	it	it	PRON
ftr-471	1000	7	is	be	AUX
ftr-471	1000	8	possible	possible	ADJ
ftr-471	1000	9	that	that	SCONJ
ftr-471	1000	10	the	the	PRON
ftr-471	1000	11	in	in	ADP
ftr-471	1000	12	terrorem	terrorem	ADJ
ftr-471	1000	13	effect	effect	NOUN
ftr-471	1000	14	of	of	ADP
ftr-471	1000	15	an	an	DET
ftr-471	1000	16	anti	anti	ADJ
ftr-471	1000	17	-	-	ADJ
ftr-471	1000	18	abuse	abuse	ADJ
ftr-471	1000	19	rule	rule	NOUN
ftr-471	1000	20	might	might	AUX
ftr-471	1000	21	be	be	AUX
ftr-471	1000	22	nearly	nearly	ADV
ftr-471	1000	23	as	as	ADV
ftr-471	1000	24	effective	effective	ADJ
ftr-471	1000	25	as	as	ADP
ftr-471	1000	26	section	section	NOUN
ftr-471	1000	27	751(b	751(b	PROPN
ftr-471	1000	28	)	)	PUNCT
ftr-471	1000	29	in	in	ADP
ftr-471	1000	30	curbing	curb	VERB
ftr-471	1000	31	abusive	abusive	ADJ
ftr-471	1000	32	income	income	NOUN
ftr-471	1000	33	-	-	PUNCT
ftr-471	1000	34	shifting	shift	VERB
ftr-471	1000	35	techniques	technique	NOUN
ftr-471	1000	36	.	.	PUNCT
ftr-471	1001	1	presumably	presumably	ADV
ftr-471	1001	2	,	,	PUNCT
ftr-471	1001	3	sophisticated	sophisticated	ADJ
ftr-471	1001	4	taxpayers	taxpayer	NOUN
ftr-471	1001	5	who	who	PRON
ftr-471	1001	6	take	take	VERB
ftr-471	1001	7	advantage	advantage	NOUN
ftr-471	1001	8	of	of	ADP
ftr-471	1001	9	income	income	NOUN
ftr-471	1001	10	-	-	PUNCT
ftr-471	1001	11	shifting	shift	VERB
ftr-471	1001	12	opportunities	opportunity	NOUN
ftr-471	1001	13	are	be	AUX
ftr-471	1001	14	also	also	ADV
ftr-471	1001	15	well	well	ADV
ftr-471	1001	16	aware	aware	ADJ
ftr-471	1001	17	of	of	ADP
ftr-471	1001	18	the	the	DET
ftr-471	1001	19	potential	potential	ADJ
ftr-471	1001	20	scope	scope	NOUN
ftr-471	1001	21	of	of	ADP
ftr-471	1001	22	a	a	DET
ftr-471	1001	23	broad	broad	ADJ
ftr-471	1001	24	anti	anti	ADJ
ftr-471	1001	25	-	-	ADJ
ftr-471	1001	26	abuse	abuse	ADJ
ftr-471	1001	27	rule	rule	NOUN
ftr-471	1001	28	.	.	PUNCT
ftr-471	1002	1	for	for	ADP
ftr-471	1002	2	other	other	ADJ
ftr-471	1002	3	taxpayers	taxpayer	NOUN
ftr-471	1002	4	,	,	PUNCT
ftr-471	1002	5	even	even	ADV
ftr-471	1002	6	existing	exist	VERB
ftr-471	1002	7	section	section	NOUN
ftr-471	1002	8	751(b	751(b	PROPN
ftr-471	1002	9	)	)	PUNCT
ftr-471	1002	10	may	may	AUX
ftr-471	1002	11	not	not	PART
ftr-471	1002	12	have	have	VERB
ftr-471	1002	13	much	much	ADJ
ftr-471	1002	14	of	of	ADP
ftr-471	1002	15	a	a	DET
ftr-471	1002	16	deterrent	deterrent	NOUN
ftr-471	1002	17	effect	effect	NOUN
ftr-471	1002	18	if	if	SCONJ
ftr-471	1002	19	the	the	DET
ftr-471	1002	20	"	"	PUNCT
ftr-471	1002	21	common	common	ADJ
ftr-471	1002	22	assumption	assumption	NOUN
ftr-471	1002	23	"	"	PUNCT
ftr-471	1002	24	is	be	AUX
ftr-471	1002	25	correct	correct	ADJ
ftr-471	1002	26	that	that	SCONJ
ftr-471	1002	27	the	the	DET
ftr-471	1002	28	provision	provision	NOUN
ftr-471	1002	29	is	be	AUX
ftr-471	1002	30	"	"	PUNCT
ftr-471	1002	31	often	often	ADV
ftr-471	1002	32	honored	honor	VERB
ftr-471	1002	33	in	in	ADP
ftr-471	1002	34	the	the	DET
ftr-471	1002	35	bre[a]ch	bre[a]ch	PROPN
ftr-471	1002	36	.	.	PUNCT
ftr-471	1003	1	219	219	NUM
ftr-471	1003	2	it	it	PRON
ftr-471	1003	3	might	might	AUX
ftr-471	1003	4	be	be	AUX
ftr-471	1003	5	objected	object	VERB
ftr-471	1003	6	that	that	DET
ftr-471	1003	7	repeal	repeal	NOUN
ftr-471	1003	8	of	of	ADP
ftr-471	1003	9	section	section	NOUN
ftr-471	1003	10	751(b	751(b	PROPN
ftr-471	1003	11	)	)	PUNCT
ftr-471	1003	12	would	would	AUX
ftr-471	1003	13	open	open	VERB
ftr-471	1003	14	the	the	DET
ftr-471	1003	15	door	door	NOUN
ftr-471	1003	16	to	to	ADP
ftr-471	1003	17	conversion	conversion	NOUN
ftr-471	1003	18	of	of	ADP
ftr-471	1003	19	ordinary	ordinary	ADJ
ftr-471	1003	20	income	income	NOUN
ftr-471	1003	21	into	into	ADP
ftr-471	1003	22	capital	capital	NOUN
ftr-471	1003	23	gain	gain	NOUN
ftr-471	1003	24	.	.	PUNCT
ftr-471	1004	1	the	the	DET
ftr-471	1004	2	chief	chief	ADJ
ftr-471	1004	3	potential	potential	NOUN
ftr-471	1004	4	for	for	ADP
ftr-471	1004	5	such	such	ADJ
ftr-471	1004	6	conversion	conversion	NOUN
ftr-471	1004	7	appears	appear	VERB
ftr-471	1004	8	to	to	PART
ftr-471	1004	9	lie	lie	VERB
ftr-471	1004	10	in	in	ADP
ftr-471	1004	11	the	the	DET
ftr-471	1004	12	operation	operation	NOUN
ftr-471	1004	13	of	of	ADP
ftr-471	1004	14	the	the	DET
ftr-471	1004	15	basis	basis	NOUN
ftr-471	1004	16	adjustment	adjustment	NOUN
ftr-471	1004	17	provisions	provision	NOUN
ftr-471	1004	18	of	of	ADP
ftr-471	1004	19	section	section	NOUN
ftr-471	1004	20	755	755	NUM
ftr-471	1004	21	.	.	PUNCT
ftr-471	1005	1	if	if	SCONJ
ftr-471	1005	2	section	section	NOUN
ftr-471	1005	3	751(b	751(b	PROPN
ftr-471	1005	4	)	)	PUNCT
ftr-471	1005	5	were	be	AUX
ftr-471	1005	6	eliminated	eliminate	VERB
ftr-471	1005	7	,	,	PUNCT
ftr-471	1005	8	the	the	DET
ftr-471	1005	9	problem	problem	NOUN
ftr-471	1005	10	would	would	AUX
ftr-471	1005	11	be	be	AUX
ftr-471	1005	12	acute	acute	ADJ
ftr-471	1005	13	if	if	SCONJ
ftr-471	1005	14	upward	upward	ADJ
ftr-471	1005	15	basis	basis	NOUN
ftr-471	1005	16	adjustments	adjustment	NOUN
ftr-471	1005	17	could	could	AUX
ftr-471	1005	18	somehow	somehow	ADV
ftr-471	1005	19	be	be	AUX
ftr-471	1005	20	allocated	allocate	VERB
ftr-471	1005	21	to	to	ADP
ftr-471	1005	22	the	the	DET
ftr-471	1005	23	partnership	partnership	NOUN
ftr-471	1005	24	's	's	PART
ftr-471	1005	25	hot	hot	ADJ
ftr-471	1005	26	(	(	PUNCT
ftr-471	1005	27	or	or	CCONJ
ftr-471	1005	28	tepid	tepid	ADJ
ftr-471	1005	29	)	)	PUNCT
ftr-471	1005	30	assets	asset	NOUN
ftr-471	1005	31	.	.	PUNCT
ftr-471	1006	1	a	a	DET
ftr-471	1006	2	relatively	relatively	ADV
ftr-471	1006	3	simple	simple	ADJ
ftr-471	1006	4	cure	cure	NOUN
ftr-471	1006	5	would	would	AUX
ftr-471	1006	6	be	be	AUX
ftr-471	1006	7	to	to	PART
ftr-471	1006	8	allow	allow	VERB
ftr-471	1006	9	upward	upward	ADJ
ftr-471	1006	10	basis	basis	NOUN
ftr-471	1006	11	adjustments	adjustment	NOUN
ftr-471	1006	12	only	only	ADV
ftr-471	1006	13	for	for	ADP
ftr-471	1006	14	truly	truly	ADV
ftr-471	1006	15	"	"	PUNCT
ftr-471	1006	16	cold	cold	ADJ
ftr-471	1006	17	"	"	PUNCT
ftr-471	1006	18	assets	asset	NOUN
ftr-471	1006	19	,	,	PUNCT
ftr-471	1006	20	i.e.	i.e.	X
ftr-471	1006	21	,	,	PUNCT
ftr-471	1006	22	nondepreciable	nondepreciable	ADJ
ftr-471	1006	23	capital	capital	NOUN
ftr-471	1006	24	assets	asset	NOUN
ftr-471	1006	25	.	.	PUNCT
ftr-471	1007	1	22	22	NUM
ftr-471	1007	2	°	°	NUM
ftr-471	1007	3	if	if	SCONJ
ftr-471	1007	4	this	this	DET
ftr-471	1007	5	change	change	NOUN
ftr-471	1007	6	were	be	AUX
ftr-471	1007	7	made	make	VERB
ftr-471	1007	8	,	,	PUNCT
ftr-471	1007	9	outright	outright	ADJ
ftr-471	1007	10	repeal	repeal	NOUN
ftr-471	1007	11	of	of	ADP
ftr-471	1007	12	section	section	NOUN
ftr-471	1007	13	216	216	NUM
ftr-471	1007	14	.	.	PUNCT
ftr-471	1008	1	see	see	VERB
ftr-471	1008	2	supra	supra	PROPN
ftr-471	1008	3	notes	note	VERB
ftr-471	1008	4	51	51	NUM
ftr-471	1008	5	-	-	SYM
ftr-471	1008	6	61	61	NUM
ftr-471	1008	7	and	and	CCONJ
ftr-471	1008	8	accompanying	accompany	VERB
ftr-471	1008	9	text	text	NOUN
ftr-471	1008	10	.	.	PUNCT
ftr-471	1009	1	217	217	NUM
ftr-471	1009	2	.	.	PUNCT
ftr-471	1010	1	see	see	VERB
ftr-471	1010	2	ali	ali	PROPN
ftr-471	1010	3	,	,	PUNCT
ftr-471	1010	4	pass	pass	VERB
ftr-471	1010	5	-	-	PUNCT
ftr-471	1010	6	through	through	ADP
ftr-471	1010	7	entities	entity	NOUN
ftr-471	1010	8	,	,	PUNCT
ftr-471	1010	9	tentative	tentative	ADJ
ftr-471	1010	10	draft	draft	NOUN
ftr-471	1010	11	memorandum	memorandum	NOUN
ftr-471	1010	12	no	no	INTJ
ftr-471	1010	13	.	.	NOUN
ftr-471	1010	14	3	3	NUM
ftr-471	1010	15	,	,	PUNCT
ftr-471	1010	16	supra	supra	NOUN
ftr-471	1010	17	note	note	NOUN
ftr-471	1010	18	202	202	NUM
ftr-471	1010	19	,	,	PUNCT
ftr-471	1010	20	at	at	ADP
ftr-471	1010	21	66	66	NUM
ftr-471	1010	22	.	.	PUNCT
ftr-471	1011	1	218	218	NUM
ftr-471	1011	2	.	.	PUNCT
ftr-471	1012	1	see	see	VERB
ftr-471	1012	2	regs	reg	NOUN
ftr-471	1012	3	.	.	PUNCT
ftr-471	1013	1	§	§	PROPN
ftr-471	1013	2	1.704	1.704	NUM
ftr-471	1013	3	-	-	NUM
ftr-471	1013	4	1(b)(2)(iii)(a	1(b)(2)(iii)(a	NUM
ftr-471	1013	5	)	)	PUNCT
ftr-471	1013	6	(	(	PUNCT
ftr-471	1013	7	overall	overall	ADJ
ftr-471	1013	8	-	-	PUNCT
ftr-471	1013	9	tax	tax	NOUN
ftr-471	1013	10	-	-	PUNCT
ftr-471	1013	11	effect	effect	NOUN
ftr-471	1013	12	rule	rule	NOUN
ftr-471	1013	13	)	)	PUNCT
ftr-471	1013	14	.	.	PUNCT
ftr-471	1014	1	219	219	NUM
ftr-471	1014	2	.	.	X
ftr-471	1014	3	ali	ali	PROPN
ftr-471	1014	4	,	,	PUNCT
ftr-471	1014	5	pass	pass	NOUN
ftr-471	1014	6	-	-	PUNCT
ftr-471	1014	7	through	through	ADP
ftr-471	1014	8	entities	entity	NOUN
ftr-471	1014	9	,	,	PUNCT
ftr-471	1014	10	tentative	tentative	ADJ
ftr-471	1014	11	draft	draft	NOUN
ftr-471	1014	12	memorandum	memorandum	NOUN
ftr-471	1014	13	no	no	INTJ
ftr-471	1014	14	.	.	NOUN
ftr-471	1014	15	3	3	NUM
ftr-471	1014	16	,	,	PUNCT
ftr-471	1014	17	supra	supra	NOUN
ftr-471	1014	18	note	note	NOUN
ftr-471	1014	19	202	202	NUM
ftr-471	1014	20	,	,	PUNCT
ftr-471	1014	21	at	at	ADP
ftr-471	1014	22	171	171	NUM
ftr-471	1014	23	-	-	SYM
ftr-471	1014	24	72	72	NUM
ftr-471	1014	25	.	.	NOUN
ftr-471	1014	26	220	220	NUM
ftr-471	1014	27	.	.	PUNCT
ftr-471	1015	1	see	see	VERB
ftr-471	1015	2	i	i	PRON
ftr-471	1015	3	d.	d.	PROPN
ftr-471	1015	4	at	at	ADP
ftr-471	1015	5	50	50	NUM
ftr-471	1015	6	(	(	PUNCT
ftr-471	1015	7	defining	define	VERB
ftr-471	1015	8	term	term	NOUN
ftr-471	1015	9	"	"	PUNCT
ftr-471	1015	10	cold	cold	ADJ
ftr-471	1015	11	asset	asset	NOUN
ftr-471	1015	12	"	"	PUNCT
ftr-471	1015	13	)	)	PUNCT
ftr-471	1015	14	;	;	PUNCT
ftr-471	1015	15	see	see	VERB
ftr-471	1015	16	also	also	ADV
ftr-471	1015	17	selected	select	VERB
ftr-471	1015	18	partnership	partnership	NOUN
ftr-471	1015	19	tax	tax	NOUN
ftr-471	1015	20	issues	issue	NOUN
ftr-471	1015	21	,	,	PUNCT
ftr-471	1015	22	supra	supra	PROPN
ftr-471	1015	23	note	note	PROPN
ftr-471	1015	24	8	8	NUM
ftr-471	1015	25	,	,	PUNCT
ftr-471	1015	26	at	at	ADP
ftr-471	1015	27	34	34	NUM
ftr-471	1015	28	-	-	SYM
ftr-471	1015	29	35	35	NUM
ftr-471	1015	30	.	.	PUNCT
ftr-471	1016	1	[	[	X
ftr-471	1016	2	vol	vol	NOUN
ftr-471	1016	3	3:12	3:12	NUM
ftr-471	1016	4	partnership	partnership	NOUN
ftr-471	1016	5	distributions	distribution	NOUN
ftr-471	1016	6	:	:	PUNCT
ftr-471	1016	7	options	option	NOUN
ftr-471	1016	8	for	for	ADP
ftr-471	1016	9	reform	reform	NOUN
ftr-471	1016	10	751(b	751(b	PROPN
ftr-471	1016	11	)	)	PUNCT
ftr-471	1016	12	would	would	AUX
ftr-471	1016	13	not	not	PART
ftr-471	1016	14	provide	provide	VERB
ftr-471	1016	15	an	an	DET
ftr-471	1016	16	opportunity	opportunity	NOUN
ftr-471	1016	17	to	to	PART
ftr-471	1016	18	convert	convert	VERB
ftr-471	1016	19	ordinary	ordinary	ADJ
ftr-471	1016	20	income	income	NOUN
ftr-471	1016	21	into	into	ADP
ftr-471	1016	22	capital	capital	NOUN
ftr-471	1016	23	gain	gain	NOUN
ftr-471	1016	24	or	or	CCONJ
ftr-471	1016	25	improperly	improperly	ADV
ftr-471	1016	26	inflate	inflate	VERB
ftr-471	1016	27	the	the	DET
ftr-471	1016	28	basis	basis	NOUN
ftr-471	1016	29	of	of	ADP
ftr-471	1016	30	depreciable	depreciable	ADJ
ftr-471	1016	31	property	property	NOUN
ftr-471	1016	32	.	.	PUNCT
ftr-471	1017	1	restricting	restrict	VERB
ftr-471	1017	2	upward	upward	ADJ
ftr-471	1017	3	basis	basis	NOUN
ftr-471	1017	4	adjustments	adjustment	NOUN
ftr-471	1017	5	to	to	ADP
ftr-471	1017	6	a	a	DET
ftr-471	1017	7	single	single	ADJ
ftr-471	1017	8	class	class	NOUN
ftr-471	1017	9	of	of	ADP
ftr-471	1017	10	cold	cold	ADJ
ftr-471	1017	11	assets	asset	NOUN
ftr-471	1017	12	,	,	PUNCT
ftr-471	1017	13	however	however	ADV
ftr-471	1017	14	,	,	PUNCT
ftr-471	1017	15	might	might	AUX
ftr-471	1017	16	create	create	VERB
ftr-471	1017	17	serious	serious	ADJ
ftr-471	1017	18	problems	problem	NOUN
ftr-471	1017	19	in	in	ADP
ftr-471	1017	20	the	the	DET
ftr-471	1017	21	case	case	NOUN
ftr-471	1017	22	of	of	ADP
ftr-471	1017	23	prevented	prevent	VERB
ftr-471	1017	24	adjustments	adjustment	NOUN
ftr-471	1017	25	.	.	PUNCT
ftr-471	1018	1	under	under	ADP
ftr-471	1018	2	current	current	ADJ
ftr-471	1018	3	law	law	NOUN
ftr-471	1018	4	,	,	PUNCT
ftr-471	1018	5	prevented	prevent	VERB
ftr-471	1018	6	adjustments	adjustment	NOUN
ftr-471	1018	7	are	be	AUX
ftr-471	1018	8	suspended	suspend	VERB
ftr-471	1018	9	and	and	CCONJ
ftr-471	1018	10	may	may	AUX
ftr-471	1018	11	never	never	ADV
ftr-471	1018	12	be	be	AUX
ftr-471	1018	13	used	use	VERB
ftr-471	1018	14	because	because	SCONJ
ftr-471	1018	15	of	of	ADP
ftr-471	1018	16	the	the	DET
ftr-471	1018	17	prohibition	prohibition	NOUN
ftr-471	1018	18	on	on	ADP
ftr-471	1018	19	wrong	wrong	ADJ
ftr-471	1018	20	-	-	PUNCT
ftr-471	1018	21	way	way	NOUN
ftr-471	1018	22	adjustments	adjustment	NOUN
ftr-471	1018	23	.	.	PUNCT
ftr-471	1018	24	'	'	PUNCT
ftr-471	1019	1	allowing	allow	VERB
ftr-471	1019	2	a	a	DET
ftr-471	1019	3	long	long	ADJ
ftr-471	1019	4	-	-	PUNCT
ftr-471	1019	5	term	term	NOUN
ftr-471	1019	6	capital	capital	NOUN
ftr-471	1019	7	loss	loss	NOUN
ftr-471	1019	8	for	for	ADP
ftr-471	1019	9	prevented	prevent	VERB
ftr-471	1019	10	upward	upward	ADJ
ftr-471	1019	11	adjustments	adjustment	NOUN
ftr-471	1019	12	would	would	AUX
ftr-471	1019	13	be	be	AUX
ftr-471	1019	14	too	too	ADV
ftr-471	1019	15	generous	generous	ADJ
ftr-471	1019	16	to	to	ADP
ftr-471	1019	17	taxpayers	taxpayer	NOUN
ftr-471	1019	18	with	with	ADP
ftr-471	1019	19	offsetting	offset	VERB
ftr-471	1019	20	capital	capital	NOUN
ftr-471	1019	21	gains	gain	NOUN
ftr-471	1019	22	,	,	PUNCT
ftr-471	1019	23	and	and	CCONJ
ftr-471	1019	24	at	at	ADP
ftr-471	1019	25	the	the	DET
ftr-471	1019	26	same	same	ADJ
ftr-471	1019	27	time	time	NOUN
ftr-471	1019	28	would	would	AUX
ftr-471	1019	29	generate	generate	VERB
ftr-471	1019	30	potentially	potentially	ADV
ftr-471	1019	31	unusable	unusable	ADJ
ftr-471	1019	32	capital	capital	NOUN
ftr-471	1019	33	losses	loss	NOUN
ftr-471	1019	34	for	for	ADP
ftr-471	1019	35	other	other	ADJ
ftr-471	1019	36	taxpayers	taxpayer	NOUN
ftr-471	1019	37	.	.	PUNCT
ftr-471	1020	1	if	if	SCONJ
ftr-471	1020	2	wrong	wrong	ADJ
ftr-471	1020	3	-	-	PUNCT
ftr-471	1020	4	way	way	NOUN
ftr-471	1020	5	adjustments	adjustment	NOUN
ftr-471	1020	6	were	be	AUX
ftr-471	1020	7	permitted	permit	VERB
ftr-471	1020	8	,	,	PUNCT
ftr-471	1020	9	the	the	DET
ftr-471	1020	10	partnership	partnership	NOUN
ftr-471	1020	11	could	could	AUX
ftr-471	1020	12	create	create	VERB
ftr-471	1020	13	an	an	DET
ftr-471	1020	14	artificial	artificial	ADJ
ftr-471	1020	15	capital	capital	NOUN
ftr-471	1020	16	loss	loss	NOUN
ftr-471	1020	17	by	by	ADP
ftr-471	1020	18	purchasing	purchase	VERB
ftr-471	1020	19	a	a	DET
ftr-471	1020	20	cold	cold	ADJ
ftr-471	1020	21	asset	asset	NOUN
ftr-471	1020	22	to	to	PART
ftr-471	1020	23	obtain	obtain	VERB
ftr-471	1020	24	an	an	DET
ftr-471	1020	25	inflated	inflated	ADJ
ftr-471	1020	26	basis	basis	NOUN
ftr-471	1020	27	for	for	ADP
ftr-471	1020	28	purposes	purpose	NOUN
ftr-471	1020	29	of	of	ADP
ftr-471	1020	30	a	a	DET
ftr-471	1020	31	subsequent	subsequent	ADJ
ftr-471	1020	32	sale	sale	NOUN
ftr-471	1020	33	.	.	PUNCT
ftr-471	1021	1	thus	thus	ADV
ftr-471	1021	2	,	,	PUNCT
ftr-471	1021	3	it	it	PRON
ftr-471	1021	4	would	would	AUX
ftr-471	1021	5	probably	probably	ADV
ftr-471	1021	6	be	be	AUX
ftr-471	1021	7	necessary	necessary	ADJ
ftr-471	1021	8	to	to	PART
ftr-471	1021	9	provide	provide	VERB
ftr-471	1021	10	an	an	DET
ftr-471	1021	11	arbitrary	arbitrary	ADJ
ftr-471	1021	12	amortization	amortization	NOUN
ftr-471	1021	13	period	period	NOUN
ftr-471	1021	14	for	for	SCONJ
ftr-471	1021	15	prevented	prevent	VERB
ftr-471	1021	16	upward	upward	ADJ
ftr-471	1021	17	basis	basis	NOUN
ftr-471	1021	18	adjustments	adjustment	NOUN
ftr-471	1021	19	.	.	PUNCT
ftr-471	1022	1	'm	be	AUX
ftr-471	1022	2	the	the	DET
ftr-471	1022	3	argument	argument	NOUN
ftr-471	1022	4	for	for	ADP
ftr-471	1022	5	retaining	retain	VERB
ftr-471	1022	6	section	section	NOUN
ftr-471	1022	7	751(b	751(b	PROPN
ftr-471	1022	8	)	)	PUNCT
ftr-471	1022	9	might	might	AUX
ftr-471	1022	10	be	be	AUX
ftr-471	1022	11	considerably	considerably	ADV
ftr-471	1022	12	strengthened	strengthen	VERB
ftr-471	1022	13	if	if	SCONJ
ftr-471	1022	14	the	the	DET
ftr-471	1022	15	provision	provision	NOUN
ftr-471	1022	16	functioned	function	VERB
ftr-471	1022	17	more	more	ADV
ftr-471	1022	18	broadly	broadly	ADV
ftr-471	1022	19	as	as	ADP
ftr-471	1022	20	a	a	DET
ftr-471	1022	21	limitation	limitation	NOUN
ftr-471	1022	22	on	on	ADP
ftr-471	1022	23	nonrecognition	nonrecognition	NOUN
ftr-471	1022	24	,	,	PUNCT
ftr-471	1022	25	rather	rather	ADV
ftr-471	1022	26	than	than	ADP
ftr-471	1022	27	as	as	ADP
ftr-471	1022	28	an	an	DET
ftr-471	1022	29	anti	anti	ADJ
ftr-471	1022	30	-	-	ADJ
ftr-471	1022	31	shifting	shifting	ADJ
ftr-471	1022	32	backstop	backstop	NOUN
ftr-471	1022	33	to	to	PART
ftr-471	1022	34	section	section	NOUN
ftr-471	1022	35	751(a	751(a	NUM
ftr-471	1022	36	)	)	PUNCT
ftr-471	1022	37	.	.	PUNCT
ftr-471	1023	1	indeed	indeed	ADV
ftr-471	1023	2	,	,	PUNCT
ftr-471	1023	3	the	the	DET
ftr-471	1023	4	most	most	ADV
ftr-471	1023	5	sophisticated	sophisticated	ADJ
ftr-471	1023	6	defense	defense	NOUN
ftr-471	1023	7	of	of	ADP
ftr-471	1023	8	section	section	NOUN
ftr-471	1023	9	751(b	751(b	PROPN
ftr-471	1023	10	)	)	PUNCT
ftr-471	1023	11	is	be	AUX
ftr-471	1023	12	that	that	SCONJ
ftr-471	1023	13	it	it	PRON
ftr-471	1023	14	has	have	AUX
ftr-471	1023	15	come	come	VERB
ftr-471	1023	16	to	to	PART
ftr-471	1023	17	represent	represent	VERB
ftr-471	1023	18	mainly	mainly	ADV
ftr-471	1023	19	a	a	DET
ftr-471	1023	20	timing	timing	NOUN
ftr-471	1023	21	provision	provision	NOUN
ftr-471	1023	22	,	,	PUNCT
ftr-471	1023	23	whatever	whatever	PRON
ftr-471	1023	24	the	the	DET
ftr-471	1023	25	1954	1954	NUM
ftr-471	1023	26	code	code	NOUN
ftr-471	1023	27	drafters	drafter	NOUN
ftr-471	1023	28	may	may	AUX
ftr-471	1023	29	have	have	AUX
ftr-471	1023	30	intended	intend	VERB
ftr-471	1023	31	.	.	PUNCT
ftr-471	1024	1	'm	be	AUX
ftr-471	1025	1	but	but	CCONJ
ftr-471	1025	2	that	that	DET
ftr-471	1025	3	rationale	rationale	NOUN
ftr-471	1025	4	suggests	suggest	VERB
ftr-471	1025	5	that	that	SCONJ
ftr-471	1025	6	section	section	NOUN
ftr-471	1025	7	751(b	751(b	PROPN
ftr-471	1025	8	)	)	PUNCT
ftr-471	1025	9	,	,	PUNCT
ftr-471	1025	10	in	in	ADP
ftr-471	1025	11	its	its	PRON
ftr-471	1025	12	present	present	ADJ
ftr-471	1025	13	form	form	NOUN
ftr-471	1025	14	,	,	PUNCT
ftr-471	1025	15	is	be	AUX
ftr-471	1025	16	too	too	ADV
ftr-471	1025	17	narrow	narrow	ADJ
ftr-471	1025	18	,	,	PUNCT
ftr-471	1025	19	and	and	CCONJ
ftr-471	1025	20	should	should	AUX
ftr-471	1025	21	be	be	AUX
ftr-471	1025	22	extended	extend	VERB
ftr-471	1025	23	to	to	PART
ftr-471	1025	24	reach	reach	VERB
ftr-471	1025	25	cold	cold	ADJ
ftr-471	1025	26	asset	asset	NOUN
ftr-471	1025	27	exchanges	exchange	NOUN
ftr-471	1025	28	as	as	ADV
ftr-471	1025	29	well	well	ADV
ftr-471	1025	30	as	as	ADP
ftr-471	1025	31	hot	hot	ADJ
ftr-471	1025	32	(	(	PUNCT
ftr-471	1025	33	or	or	CCONJ
ftr-471	1025	34	tepid	tepid	ADJ
ftr-471	1025	35	)	)	PUNCT
ftr-471	1025	36	asset	asset	NOUN
ftr-471	1025	37	exchanges	exchange	NOUN
ftr-471	1025	38	.	.	PUNCT
ftr-471	1026	1	if	if	SCONJ
ftr-471	1026	2	section	section	NOUN
ftr-471	1026	3	751(b	751(b	PROPN
ftr-471	1026	4	)	)	PUNCT
ftr-471	1026	5	is	be	AUX
ftr-471	1026	6	reformulated	reformulate	VERB
ftr-471	1026	7	as	as	ADP
ftr-471	1026	8	a	a	DET
ftr-471	1026	9	recognition	recognition	NOUN
ftr-471	1026	10	provision	provision	NOUN
ftr-471	1026	11	,	,	PUNCT
ftr-471	1026	12	it	it	PRON
ftr-471	1026	13	seems	seem	VERB
ftr-471	1026	14	sensible	sensible	ADJ
ftr-471	1026	15	to	to	PART
ftr-471	1026	16	trigger	trigger	VERB
ftr-471	1026	17	gain	gain	NOUN
ftr-471	1026	18	whenever	whenever	SCONJ
ftr-471	1026	19	the	the	DET
ftr-471	1026	20	partners	partner	NOUN
ftr-471	1026	21	'	'	PART
ftr-471	1026	22	shares	share	NOUN
ftr-471	1026	23	of	of	ADP
ftr-471	1026	24	unrealized	unrealized	ADJ
ftr-471	1026	25	appreciation	appreciation	NOUN
ftr-471	1026	26	in	in	ADP
ftr-471	1026	27	specific	specific	ADJ
ftr-471	1026	28	categories	category	NOUN
ftr-471	1026	29	of	of	ADP
ftr-471	1026	30	assets	asset	NOUN
ftr-471	1026	31	can	can	AUX
ftr-471	1026	32	not	not	PART
ftr-471	1026	33	be	be	AUX
ftr-471	1026	34	preserved	preserve	VERB
ftr-471	1026	35	.	.	PUNCT
ftr-471	1027	1	the	the	DET
ftr-471	1027	2	existing	exist	VERB
ftr-471	1027	3	classification	classification	NOUN
ftr-471	1027	4	of	of	ADP
ftr-471	1027	5	partnership	partnership	NOUN
ftr-471	1027	6	property	property	NOUN
ftr-471	1027	7	within	within	ADP
ftr-471	1027	8	two	two	NUM
ftr-471	1027	9	broad	broad	ADJ
ftr-471	1027	10	classes	class	NOUN
ftr-471	1027	11	-	-	PUNCT
ftr-471	1027	12	hot	hot	ADJ
ftr-471	1027	13	and	and	CCONJ
ftr-471	1027	14	cold	cold	ADJ
ftr-471	1027	15	assets	asset	NOUN
ftr-471	1027	16	-	-	PUNCT
ftr-471	1027	17	allows	allow	VERB
ftr-471	1027	18	considerable	considerable	ADJ
ftr-471	1027	19	potential	potential	NOUN
ftr-471	1027	20	for	for	ADP
ftr-471	1027	21	manipulation	manipulation	NOUN
ftr-471	1027	22	of	of	ADP
ftr-471	1027	23	basis	basis	NOUN
ftr-471	1027	24	adjustments	adjustment	NOUN
ftr-471	1027	25	.	.	PUNCT
ftr-471	1028	1	while	while	SCONJ
ftr-471	1028	2	a	a	DET
ftr-471	1028	3	three	three	NUM
ftr-471	1028	4	-	-	PUNCT
ftr-471	1028	5	class	class	NOUN
ftr-471	1028	6	system	system	NOUN
ftr-471	1028	7	would	would	AUX
ftr-471	1028	8	provide	provide	VERB
ftr-471	1028	9	more	more	ADJ
ftr-471	1028	10	accuracy	accuracy	NOUN
ftr-471	1028	11	,	,	PUNCT
ftr-471	1028	12	it	it	PRON
ftr-471	1028	13	might	might	AUX
ftr-471	1028	14	be	be	AUX
ftr-471	1028	15	argued	argue	VERB
ftr-471	1028	16	that	that	SCONJ
ftr-471	1028	17	even	even	ADV
ftr-471	1028	18	three	three	NUM
ftr-471	1028	19	classes	class	NOUN
ftr-471	1028	20	are	be	AUX
ftr-471	1028	21	not	not	PART
ftr-471	1028	22	enough	enough	ADJ
ftr-471	1028	23	.	.	PUNCT
ftr-471	1029	1	indeed	indeed	ADV
ftr-471	1029	2	,	,	PUNCT
ftr-471	1029	3	the	the	DET
ftr-471	1029	4	1997	1997	NUM
ftr-471	1029	5	act	act	NOUN
ftr-471	1029	6	has	have	AUX
ftr-471	1029	7	created	create	VERB
ftr-471	1029	8	multiple	multiple	ADJ
ftr-471	1029	9	categories	category	NOUN
ftr-471	1029	10	of	of	ADP
ftr-471	1029	11	capital	capital	NOUN
ftr-471	1029	12	assets	asset	NOUN
ftr-471	1029	13	:	:	PUNCT
ftr-471	1029	14	gain	gain	VERB
ftr-471	1029	15	from	from	ADP
ftr-471	1029	16	disposition	disposition	NOUN
ftr-471	1029	17	of	of	ADP
ftr-471	1029	18	a	a	DET
ftr-471	1029	19	capital	capital	NOUN
ftr-471	1029	20	asset	asset	NOUN
ftr-471	1029	21	will	will	AUX
ftr-471	1029	22	be	be	AUX
ftr-471	1029	23	taxed	tax	VERB
ftr-471	1029	24	at	at	ADP
ftr-471	1029	25	different	different	ADJ
ftr-471	1029	26	rates	rate	NOUN
ftr-471	1029	27	depending	depend	VERB
ftr-471	1029	28	on	on	ADP
ftr-471	1029	29	the	the	DET
ftr-471	1029	30	type	type	NOUN
ftr-471	1029	31	of	of	ADP
ftr-471	1029	32	capital	capital	NOUN
ftr-471	1029	33	asset	asset	NOUN
ftr-471	1029	34	,	,	PUNCT
ftr-471	1029	35	the	the	DET
ftr-471	1029	36	taxpayer	taxpayer	NOUN
ftr-471	1029	37	's	's	PART
ftr-471	1029	38	holding	hold	VERB
ftr-471	1029	39	period	period	NOUN
ftr-471	1029	40	and	and	CCONJ
ftr-471	1029	41	applicable	applicable	ADJ
ftr-471	1029	42	marginal	marginal	ADJ
ftr-471	1029	43	rate	rate	NOUN
ftr-471	1029	44	,	,	PUNCT
ftr-471	1029	45	and	and	CCONJ
ftr-471	1029	46	the	the	DET
ftr-471	1029	47	extent	extent	NOUN
ftr-471	1029	48	of	of	ADP
ftr-471	1029	49	any	any	DET
ftr-471	1029	50	statutory	statutory	ADJ
ftr-471	1029	51	recapture	recapture	NOUN
ftr-471	1029	52	.	.	PUNCT
ftr-471	1030	1	"	"	PUNCT
ftr-471	1030	2	4	4	NUM
ftr-471	1030	3	in	in	ADP
ftr-471	1030	4	1997	1997	NUM
ftr-471	1030	5	,	,	PUNCT
ftr-471	1030	6	congress	congress	PROPN
ftr-471	1030	7	recognized	recognize	VERB
ftr-471	1030	8	that	that	SCONJ
ftr-471	1030	9	the	the	DET
ftr-471	1030	10	anomalous	anomalous	ADJ
ftr-471	1030	11	treatment	treatment	NOUN
ftr-471	1030	12	of	of	ADP
ftr-471	1030	13	section	section	NOUN
ftr-471	1030	14	1250	1250	NUM
ftr-471	1030	15	real	real	ADJ
ftr-471	1030	16	property	property	NOUN
ftr-471	1030	17	created	create	VERB
ftr-471	1030	18	problems	problem	NOUN
ftr-471	1030	19	in	in	ADP
ftr-471	1030	20	connection	connection	NOUN
ftr-471	1030	21	with	with	ADP
ftr-471	1030	22	the	the	DET
ftr-471	1030	23	restoration	restoration	NOUN
ftr-471	1030	24	of	of	ADP
ftr-471	1030	25	a	a	DET
ftr-471	1030	26	capital	capital	NOUN
ftr-471	1030	27	gains	gain	NOUN
ftr-471	1030	28	preference	preference	NOUN
ftr-471	1030	29	.	.	PUNCT
ftr-471	1031	1	221	221	NUM
ftr-471	1031	2	.	.	PUNCT
ftr-471	1032	1	see	see	VERB
ftr-471	1032	2	supra	supra	PROPN
ftr-471	1032	3	notes	note	VERB
ftr-471	1032	4	165	165	NUM
ftr-471	1032	5	&	&	CCONJ
ftr-471	1032	6	170	170	NUM
ftr-471	1032	7	and	and	CCONJ
ftr-471	1032	8	accompanying	accompany	VERB
ftr-471	1032	9	text	text	NOUN
ftr-471	1032	10	.	.	PUNCT
ftr-471	1033	1	222	222	NUM
ftr-471	1033	2	.	.	PUNCT
ftr-471	1034	1	see	see	VERB
ftr-471	1034	2	selected	select	VERB
ftr-471	1034	3	partnership	partnership	NOUN
ftr-471	1034	4	tax	tax	NOUN
ftr-471	1034	5	issues	issue	NOUN
ftr-471	1034	6	,	,	PUNCT
ftr-471	1034	7	supra	supra	PROPN
ftr-471	1034	8	note	note	PROPN
ftr-471	1034	9	8	8	NUM
ftr-471	1034	10	,	,	PUNCT
ftr-471	1034	11	at	at	ADP
ftr-471	1034	12	34	34	NUM
ftr-471	1034	13	n.72	n.72	NOUN
ftr-471	1034	14	.	.	PROPN
ftr-471	1034	15	223	223	NUM
ftr-471	1034	16	.	.	PUNCT
ftr-471	1035	1	see	see	VERB
ftr-471	1035	2	supra	supra	PROPN
ftr-471	1035	3	note	note	PROPN
ftr-471	1035	4	32	32	NUM
ftr-471	1035	5	and	and	CCONJ
ftr-471	1035	6	accompanying	accompany	VERB
ftr-471	1035	7	text	text	NOUN
ftr-471	1035	8	.	.	PUNCT
ftr-471	1036	1	224	224	NUM
ftr-471	1036	2	.	.	PUNCT
ftr-471	1037	1	see	see	VERB
ftr-471	1037	2	irc	irc	PROPN
ftr-471	1037	3	§	§	PROPN
ftr-471	1037	4	1(h	1(h	NUM
ftr-471	1037	5	)	)	PUNCT
ftr-471	1037	6	(	(	PUNCT
ftr-471	1037	7	as	as	SCONJ
ftr-471	1037	8	amended	amend	VERB
ftr-471	1037	9	by	by	ADP
ftr-471	1037	10	the	the	DET
ftr-471	1037	11	1997	1997	NUM
ftr-471	1037	12	act	act	NOUN
ftr-471	1037	13	)	)	PUNCT
ftr-471	1037	14	;	;	PUNCT
ftr-471	1037	15	see	see	VERB
ftr-471	1037	16	,	,	PUNCT
ftr-471	1037	17	e.g.	e.g.	ADV
ftr-471	1037	18	,	,	PUNCT
ftr-471	1037	19	irc	irc	PROPN
ftr-471	1037	20	§	§	PROPN
ftr-471	1037	21	lh)(5)(b	lh)(5)(b	PROPN
ftr-471	1037	22	)	)	PUNCT
ftr-471	1037	23	(	(	PUNCT
ftr-471	1037	24	"	"	PUNCT
ftr-471	1037	25	collectibles	collectible	NOUN
ftr-471	1037	26	gain	gain	VERB
ftr-471	1037	27	"	"	PUNCT
ftr-471	1037	28	upon	upon	SCONJ
ftr-471	1037	29	sale	sale	NOUN
ftr-471	1037	30	of	of	ADP
ftr-471	1037	31	an	an	DET
ftr-471	1037	32	interest	interest	NOUN
ftr-471	1037	33	in	in	ADP
ftr-471	1037	34	a	a	DET
ftr-471	1037	35	pass	pass	VERB
ftr-471	1037	36	-	-	PUNCT
ftr-471	1037	37	through	through	ADP
ftr-471	1037	38	entity	entity	NOUN
ftr-471	1037	39	):	):	PUNCT
ftr-471	1037	40	irc	irc	PROPN
ftr-471	1037	41	§	§	PROPN
ftr-471	1037	42	l(hj(6	l(hj(6	PROPN
ftr-471	1037	43	)	)	PUNCT
ftr-471	1037	44	(	(	PUNCT
ftr-471	1037	45	unrecaptured	unrecaptured	ADJ
ftr-471	1037	46	§	§	PROPN
ftr-471	1037	47	1250	1250	NUM
ftr-471	1037	48	gain	gain	NOUN
ftr-471	1037	49	)	)	PUNCT
ftr-471	1037	50	;	;	PUNCT
ftr-471	1037	51	see	see	VERB
ftr-471	1037	52	also	also	ADV
ftr-471	1037	53	all	all	PRON
ftr-471	1037	54	,	,	PUNCT
ftr-471	1037	55	pass	pass	VERB
ftr-471	1037	56	-	-	PUNCT
ftr-471	1037	57	through	through	ADP
ftr-471	1037	58	entities	entity	NOUN
ftr-471	1037	59	,	,	PUNCT
ftr-471	1037	60	tentative	tentative	ADJ
ftr-471	1037	61	draft	draft	NOUN
ftr-471	1037	62	memorandum	memorandum	NOUN
ftr-471	1037	63	no	no	INTJ
ftr-471	1037	64	.	.	NOUN
ftr-471	1037	65	3	3	NUM
ftr-471	1037	66	,	,	PUNCT
ftr-471	1037	67	supra	supra	NOUN
ftr-471	1037	68	note	note	NOUN
ftr-471	1037	69	202	202	NUM
ftr-471	1037	70	,	,	PUNCT
ftr-471	1037	71	at	at	ADP
ftr-471	1037	72	48	48	NUM
ftr-471	1037	73	.	.	PUNCT
ftr-471	1038	1	19981	19981	NUM
ftr-471	1038	2	florida	florida	PROPN
ftr-471	1038	3	tax	tax	NOUN
ftr-471	1038	4	review	review	NOUN
ftr-471	1038	5	instead	instead	ADV
ftr-471	1038	6	of	of	ADP
ftr-471	1038	7	tightening	tighten	VERB
ftr-471	1038	8	the	the	DET
ftr-471	1038	9	recapture	recapture	NOUN
ftr-471	1038	10	rules	rule	NOUN
ftr-471	1038	11	,	,	PUNCT
ftr-471	1038	12	however	however	ADV
ftr-471	1038	13	,	,	PUNCT
ftr-471	1038	14	congress	congress	PROPN
ftr-471	1038	15	created	create	VERB
ftr-471	1038	16	a	a	DET
ftr-471	1038	17	special	special	ADJ
ftr-471	1038	18	statutory	statutory	ADJ
ftr-471	1038	19	rate	rate	NOUN
ftr-471	1038	20	for	for	ADP
ftr-471	1038	21	unrecaptured	unrecaptured	ADJ
ftr-471	1038	22	section	section	NOUN
ftr-471	1038	23	1250	1250	NUM
ftr-471	1038	24	gain.2	gain.2	PROPN
ftr-471	1038	25	'	'	PUNCT
ftr-471	1038	26	congress	congress	PROPN
ftr-471	1038	27	made	make	VERB
ftr-471	1038	28	no	no	DET
ftr-471	1038	29	corresponding	correspond	VERB
ftr-471	1038	30	change	change	NOUN
ftr-471	1038	31	to	to	PART
ftr-471	1038	32	include	include	VERB
ftr-471	1038	33	unrecaptured	unrecaptured	ADJ
ftr-471	1038	34	section	section	NOUN
ftr-471	1038	35	1250	1250	NUM
ftr-471	1038	36	gain	gain	NOUN
ftr-471	1038	37	in	in	ADP
ftr-471	1038	38	the	the	DET
ftr-471	1038	39	definition	definition	NOUN
ftr-471	1038	40	of	of	ADP
ftr-471	1038	41	unrealized	unrealized	ADJ
ftr-471	1038	42	receivables	receivables	NOUN
ftr-471	1038	43	for	for	ADP
ftr-471	1038	44	purposes	purpose	NOUN
ftr-471	1038	45	of	of	ADP
ftr-471	1038	46	section	section	NOUN
ftr-471	1038	47	75	75	NUM
ftr-471	1038	48	1(b	1(b	NUM
ftr-471	1038	49	)	)	PUNCT
ftr-471	1038	50	.	.	PUNCT
ftr-471	1039	1	the	the	DET
ftr-471	1039	2	1997	1997	NUM
ftr-471	1039	3	act	act	NOUN
ftr-471	1039	4	highlights	highlight	VERB
ftr-471	1039	5	the	the	DET
ftr-471	1039	6	most	most	ADV
ftr-471	1039	7	glaring	glaring	ADJ
ftr-471	1039	8	defect	defect	NOUN
ftr-471	1039	9	in	in	ADP
ftr-471	1039	10	the	the	DET
ftr-471	1039	11	existing	exist	VERB
ftr-471	1039	12	twoclass	twoclass	NOUN
ftr-471	1039	13	allocation	allocation	NOUN
ftr-471	1039	14	system	system	NOUN
ftr-471	1039	15	:	:	PUNCT
ftr-471	1039	16	lumping	lump	VERB
ftr-471	1039	17	unrecaptured	unrecaptured	ADJ
ftr-471	1039	18	section	section	NOUN
ftr-471	1039	19	1250	1250	NUM
ftr-471	1039	20	gain	gain	NOUN
ftr-471	1039	21	together	together	ADV
ftr-471	1039	22	with	with	ADP
ftr-471	1039	23	nondepreciable	nondepreciable	ADJ
ftr-471	1039	24	capital	capital	NOUN
ftr-471	1039	25	assets	asset	NOUN
ftr-471	1039	26	.	.	PUNCT
ftr-471	1040	1	this	this	DET
ftr-471	1040	2	defect	defect	NOUN
ftr-471	1040	3	could	could	AUX
ftr-471	1040	4	be	be	AUX
ftr-471	1040	5	remedied	remedie	VERB
ftr-471	1040	6	by	by	ADP
ftr-471	1040	7	treating	treat	VERB
ftr-471	1040	8	the	the	DET
ftr-471	1040	9	section	section	NOUN
ftr-471	1040	10	1250	1250	NUM
ftr-471	1040	11	recapture	recapture	NOUN
ftr-471	1040	12	component	component	NOUN
ftr-471	1040	13	of	of	ADP
ftr-471	1040	14	real	real	ADJ
ftr-471	1040	15	property	property	NOUN
ftr-471	1040	16	as	as	ADP
ftr-471	1040	17	an	an	DET
ftr-471	1040	18	unrealized	unrealized	ADJ
ftr-471	1040	19	receivable	receivable	NOUN
ftr-471	1040	20	for	for	ADP
ftr-471	1040	21	purposes	purpose	NOUN
ftr-471	1040	22	of	of	ADP
ftr-471	1040	23	hot	hot	ADJ
ftr-471	1040	24	asset	asset	NOUN
ftr-471	1040	25	classification	classification	NOUN
ftr-471	1040	26	.	.	PUNCT
ftr-471	1041	1	if	if	SCONJ
ftr-471	1041	2	a	a	DET
ftr-471	1041	3	distribution	distribution	NOUN
ftr-471	1041	4	resulted	result	VERB
ftr-471	1041	5	in	in	ADP
ftr-471	1041	6	a	a	DET
ftr-471	1041	7	net	net	ADJ
ftr-471	1041	8	reduction	reduction	NOUN
ftr-471	1041	9	in	in	ADP
ftr-471	1041	10	a	a	DET
ftr-471	1041	11	partner	partner	NOUN
ftr-471	1041	12	's	's	PART
ftr-471	1041	13	share	share	NOUN
ftr-471	1041	14	of	of	ADP
ftr-471	1041	15	unrecaptured	unrecaptured	ADJ
ftr-471	1041	16	section	section	NOUN
ftr-471	1041	17	1250	1250	NUM
ftr-471	1041	18	gain	gain	NOUN
ftr-471	1041	19	,	,	PUNCT
ftr-471	1041	20	the	the	DET
ftr-471	1041	21	relinquished	relinquished	ADJ
ftr-471	1041	22	share	share	NOUN
ftr-471	1041	23	of	of	ADP
ftr-471	1041	24	appreciation	appreciation	NOUN
ftr-471	1041	25	would	would	AUX
ftr-471	1041	26	be	be	AUX
ftr-471	1041	27	taxed	tax	VERB
ftr-471	1041	28	immediately	immediately	ADV
ftr-471	1041	29	as	as	SCONJ
ftr-471	1041	30	capital	capital	NOUN
ftr-471	1041	31	gain	gain	VERB
ftr-471	1041	32	eligible	eligible	ADJ
ftr-471	1041	33	for	for	ADP
ftr-471	1041	34	the	the	DET
ftr-471	1041	35	special	special	ADJ
ftr-471	1041	36	statutory	statutory	ADJ
ftr-471	1041	37	rate	rate	NOUN
ftr-471	1041	38	for	for	ADP
ftr-471	1041	39	such	such	ADJ
ftr-471	1041	40	gain	gain	NOUN
ftr-471	1041	41	.	.	PUNCT
ftr-471	1042	1	treating	treat	VERB
ftr-471	1042	2	depreciable	depreciable	ADJ
ftr-471	1042	3	real	real	ADJ
ftr-471	1042	4	property	property	NOUN
ftr-471	1042	5	in	in	ADP
ftr-471	1042	6	the	the	DET
ftr-471	1042	7	same	same	ADJ
ftr-471	1042	8	manner	manner	NOUN
ftr-471	1042	9	as	as	ADP
ftr-471	1042	10	other	other	ADJ
ftr-471	1042	11	depreciable	depreciable	ADJ
ftr-471	1042	12	property	property	NOUN
ftr-471	1042	13	might	might	AUX
ftr-471	1042	14	largely	largely	ADV
ftr-471	1042	15	eliminate	eliminate	VERB
ftr-471	1042	16	the	the	DET
ftr-471	1042	17	need	need	NOUN
ftr-471	1042	18	for	for	ADP
ftr-471	1042	19	a	a	DET
ftr-471	1042	20	separate	separate	ADJ
ftr-471	1042	21	class	class	NOUN
ftr-471	1042	22	of	of	ADP
ftr-471	1042	23	tepid	tepid	ADJ
ftr-471	1042	24	assets	asset	NOUN
ftr-471	1042	25	.	.	PUNCT
ftr-471	1043	1	except	except	SCONJ
ftr-471	1043	2	for	for	ADP
ftr-471	1043	3	this	this	DET
ftr-471	1043	4	modification	modification	NOUN
ftr-471	1043	5	,	,	PUNCT
ftr-471	1043	6	the	the	DET
ftr-471	1043	7	existing	exist	VERB
ftr-471	1043	8	classification	classification	NOUN
ftr-471	1043	9	of	of	ADP
ftr-471	1043	10	hot	hot	ADJ
ftr-471	1043	11	and	and	CCONJ
ftr-471	1043	12	cold	cold	ADJ
ftr-471	1043	13	assets	asset	NOUN
ftr-471	1043	14	could	could	AUX
ftr-471	1043	15	be	be	AUX
ftr-471	1043	16	retained	retain	VERB
ftr-471	1043	17	.	.	PUNCT
ftr-471	1044	1	it	it	PRON
ftr-471	1044	2	might	might	AUX
ftr-471	1044	3	then	then	ADV
ftr-471	1044	4	be	be	AUX
ftr-471	1044	5	possible	possible	ADJ
ftr-471	1044	6	to	to	PART
ftr-471	1044	7	expand	expand	VERB
ftr-471	1044	8	section	section	NOUN
ftr-471	1044	9	751	751	NUM
ftr-471	1044	10	(	(	PUNCT
ftr-471	1044	11	b	b	NOUN
ftr-471	1044	12	)	)	PUNCT
ftr-471	1044	13	to	to	PART
ftr-471	1044	14	play	play	VERB
ftr-471	1044	15	a	a	DET
ftr-471	1044	16	broader	broad	ADJ
ftr-471	1044	17	role	role	NOUN
ftr-471	1044	18	as	as	ADP
ftr-471	1044	19	a	a	DET
ftr-471	1044	20	recognition	recognition	NOUN
ftr-471	1044	21	provision	provision	NOUN
ftr-471	1044	22	whenever	whenever	SCONJ
ftr-471	1044	23	a	a	DET
ftr-471	1044	24	distribution	distribution	NOUN
ftr-471	1044	25	results	result	VERB
ftr-471	1044	26	in	in	ADP
ftr-471	1044	27	a	a	DET
ftr-471	1044	28	net	net	ADJ
ftr-471	1044	29	shift	shift	NOUN
ftr-471	1044	30	in	in	ADP
ftr-471	1044	31	a	a	DET
ftr-471	1044	32	partner	partner	NOUN
ftr-471	1044	33	's	's	PART
ftr-471	1044	34	interest	interest	NOUN
ftr-471	1044	35	in	in	ADP
ftr-471	1044	36	hot	hot	ADJ
ftr-471	1044	37	or	or	CCONJ
ftr-471	1044	38	cold	cold	ADJ
ftr-471	1044	39	assets	asset	NOUN
ftr-471	1044	40	.	.	PUNCT
ftr-471	1045	1	b.	b.	PROPN
ftr-471	1045	2	mandatory	mandatory	ADJ
ftr-471	1045	3	revaluation	revaluation	NOUN
ftr-471	1045	4	and	and	CCONJ
ftr-471	1045	5	gain	gain	VERB
ftr-471	1045	6	recognition	recognition	NOUN
ftr-471	1045	7	preserving	preserve	VERB
ftr-471	1045	8	shares	share	NOUN
ftr-471	1045	9	of	of	ADP
ftr-471	1045	10	unrealized	unrealized	ADJ
ftr-471	1045	11	appreciation	appreciation	NOUN
ftr-471	1045	12	within	within	ADP
ftr-471	1045	13	different	different	ADJ
ftr-471	1045	14	categories	category	NOUN
ftr-471	1045	15	of	of	ADP
ftr-471	1045	16	assets	asset	NOUN
ftr-471	1045	17	could	could	AUX
ftr-471	1045	18	be	be	AUX
ftr-471	1045	19	accomplished	accomplish	VERB
ftr-471	1045	20	by	by	ADP
ftr-471	1045	21	requiring	require	VERB
ftr-471	1045	22	a	a	DET
ftr-471	1045	23	revaluation	revaluation	NOUN
ftr-471	1045	24	of	of	ADP
ftr-471	1045	25	partnership	partnership	NOUN
ftr-471	1045	26	property	property	NOUN
ftr-471	1045	27	following	follow	VERB
ftr-471	1045	28	a	a	DET
ftr-471	1045	29	distribution	distribution	NOUN
ftr-471	1045	30	,	,	PUNCT
ftr-471	1045	31	coupled	couple	VERB
ftr-471	1045	32	with	with	ADP
ftr-471	1045	33	special	special	ADJ
ftr-471	1045	34	allocations	allocation	NOUN
ftr-471	1045	35	.	.	PUNCT
ftr-471	1046	1	indeed	indeed	ADV
ftr-471	1046	2	,	,	PUNCT
ftr-471	1046	3	the	the	DET
ftr-471	1046	4	section	section	NOUN
ftr-471	1046	5	704(b	704(b	PROPN
ftr-471	1046	6	)	)	PUNCT
ftr-471	1046	7	regulations	regulation	NOUN
ftr-471	1046	8	already	already	ADV
ftr-471	1046	9	appear	appear	VERB
ftr-471	1046	10	to	to	PART
ftr-471	1046	11	mandate	mandate	VERB
ftr-471	1046	12	a	a	DET
ftr-471	1046	13	similar	similar	ADJ
ftr-471	1046	14	approach	approach	NOUN
ftr-471	1046	15	,	,	PUNCT
ftr-471	1046	16	although	although	SCONJ
ftr-471	1046	17	they	they	PRON
ftr-471	1046	18	fail	fail	VERB
ftr-471	1046	19	to	to	PART
ftr-471	1046	20	clarify	clarify	VERB
ftr-471	1046	21	the	the	DET
ftr-471	1046	22	operation	operation	NOUN
ftr-471	1046	23	of	of	ADP
ftr-471	1046	24	section	section	NOUN
ftr-471	1046	25	704(c	704(c	PROPN
ftr-471	1046	26	)	)	PUNCT
ftr-471	1046	27	principles	principle	NOUN
ftr-471	1046	28	in	in	ADP
ftr-471	1046	29	this	this	DET
ftr-471	1046	30	context	context	NOUN
ftr-471	1046	31	.	.	PUNCT
ftr-471	1047	1	requiring	require	VERB
ftr-471	1047	2	a	a	DET
ftr-471	1047	3	revaluation	revaluation	NOUN
ftr-471	1047	4	and	and	CCONJ
ftr-471	1047	5	appropriate	appropriate	ADJ
ftr-471	1047	6	gain	gain	NOUN
ftr-471	1047	7	recognition	recognition	NOUN
ftr-471	1047	8	would	would	AUX
ftr-471	1047	9	thus	thus	ADV
ftr-471	1047	10	seem	seem	VERB
ftr-471	1047	11	to	to	PART
ftr-471	1047	12	represent	represent	VERB
ftr-471	1047	13	an	an	DET
ftr-471	1047	14	alternative	alternative	NOUN
ftr-471	1047	15	to	to	ADP
ftr-471	1047	16	the	the	DET
ftr-471	1047	17	andrews	andrews	PROPN
ftr-471	1047	18	approach	approach	NOUN
ftr-471	1047	19	.	.	PUNCT
ftr-471	1048	1	since	since	SCONJ
ftr-471	1048	2	the	the	DET
ftr-471	1048	3	section	section	NOUN
ftr-471	1048	4	704(b	704(b	PROPN
ftr-471	1048	5	)	)	PUNCT
ftr-471	1048	6	regulations	regulation	NOUN
ftr-471	1048	7	virtually	virtually	ADV
ftr-471	1048	8	mandate	mandate	VERB
ftr-471	1048	9	a	a	DET
ftr-471	1048	10	revaluation	revaluation	NOUN
ftr-471	1048	11	whenever	whenever	SCONJ
ftr-471	1048	12	a	a	DET
ftr-471	1048	13	partner	partner	NOUN
ftr-471	1048	14	's	's	PART
ftr-471	1048	15	interest	interest	NOUN
ftr-471	1048	16	is	be	AUX
ftr-471	1048	17	relinquished	relinquish	VERB
ftr-471	1048	18	,	,	PUNCT
ftr-471	1048	19	the	the	DET
ftr-471	1048	20	proposed	propose	VERB
ftr-471	1048	21	change	change	NOUN
ftr-471	1048	22	could	could	AUX
ftr-471	1048	23	be	be	AUX
ftr-471	1048	24	viewed	view	VERB
ftr-471	1048	25	as	as	ADP
ftr-471	1048	26	relatively	relatively	ADV
ftr-471	1048	27	minor	minor	ADJ
ftr-471	1048	28	.	.	PUNCT
ftr-471	1049	1	a	a	DET
ftr-471	1049	2	more	more	ADV
ftr-471	1049	3	far	far	ADV
ftr-471	1049	4	-	-	PUNCT
ftr-471	1049	5	reaching	reach	VERB
ftr-471	1049	6	proposal	proposal	NOUN
ftr-471	1049	7	would	would	AUX
ftr-471	1049	8	be	be	AUX
ftr-471	1049	9	to	to	PART
ftr-471	1049	10	extend	extend	VERB
ftr-471	1049	11	hot	hot	ADJ
ftr-471	1049	12	asset	asset	NOUN
ftr-471	1049	13	treatment	treatment	NOUN
ftr-471	1049	14	to	to	ADP
ftr-471	1049	15	exchanges	exchange	NOUN
ftr-471	1049	16	involving	involve	VERB
ftr-471	1049	17	nonhot	nonhot	ADJ
ftr-471	1049	18	assets	asset	NOUN
ftr-471	1049	19	:	:	PUNCT
ftr-471	1049	20	hot	hot	ADJ
ftr-471	1049	21	or	or	CCONJ
ftr-471	1049	22	cold	cold	ADJ
ftr-471	1049	23	asset	asset	NOUN
ftr-471	1049	24	gain	gain	NOUN
ftr-471	1049	25	would	would	AUX
ftr-471	1049	26	be	be	AUX
ftr-471	1049	27	recognized	recognize	VERB
ftr-471	1049	28	whenever	whenever	SCONJ
ftr-471	1049	29	a	a	DET
ftr-471	1049	30	non	non	ADJ
ftr-471	1049	31	-	-	ADJ
ftr-471	1049	32	pro	pro	ADJ
ftr-471	1049	33	rata	rata	ADJ
ftr-471	1049	34	distribution	distribution	NOUN
ftr-471	1049	35	leaves	leave	VERB
ftr-471	1049	36	the	the	DET
ftr-471	1049	37	partners	partner	NOUN
ftr-471	1049	38	with	with	ADP
ftr-471	1049	39	altered	altered	ADJ
ftr-471	1049	40	shares	share	NOUN
ftr-471	1049	41	of	of	ADP
ftr-471	1049	42	such	such	ADJ
ftr-471	1049	43	gain	gain	NOUN
ftr-471	1049	44	.	.	PUNCT
ftr-471	1050	1	the	the	DET
ftr-471	1050	2	chief	chief	ADJ
ftr-471	1050	3	drawback	drawback	NOUN
ftr-471	1050	4	of	of	ADP
ftr-471	1050	5	mandatory	mandatory	ADJ
ftr-471	1050	6	revaluations	revaluation	NOUN
ftr-471	1050	7	is	be	AUX
ftr-471	1050	8	that	that	SCONJ
ftr-471	1050	9	the	the	DET
ftr-471	1050	10	partnership	partnership	NOUN
ftr-471	1050	11	would	would	AUX
ftr-471	1050	12	be	be	AUX
ftr-471	1050	13	required	require	VERB
ftr-471	1050	14	to	to	PART
ftr-471	1050	15	account	account	VERB
ftr-471	1050	16	for	for	ADP
ftr-471	1050	17	pre	pre	ADJ
ftr-471	1050	18	-	-	ADJ
ftr-471	1050	19	distribution	distribution	ADJ
ftr-471	1050	20	gain	gain	NOUN
ftr-471	1050	21	or	or	CCONJ
ftr-471	1050	22	loss	loss	NOUN
ftr-471	1050	23	through	through	ADP
ftr-471	1050	24	special	special	ADJ
ftr-471	1050	25	allocations	allocation	NOUN
ftr-471	1050	26	.	.	PUNCT
ftr-471	1051	1	to	to	PART
ftr-471	1051	2	illustrate	illustrate	VERB
ftr-471	1051	3	,	,	PUNCT
ftr-471	1051	4	assume	assume	VERB
ftr-471	1051	5	that	that	SCONJ
ftr-471	1051	6	c	c	PROPN
ftr-471	1051	7	receives	receive	VERB
ftr-471	1051	8	a	a	DET
ftr-471	1051	9	distribution	distribution	NOUN
ftr-471	1051	10	of	of	ADP
ftr-471	1051	11	inventory	inventory	NOUN
ftr-471	1051	12	#	#	SYM
ftr-471	1051	13	2	2	NUM
ftr-471	1051	14	,	,	PUNCT
ftr-471	1051	15	reducing	reduce	VERB
ftr-471	1051	16	her	her	PRON
ftr-471	1051	17	interest	interest	NOUN
ftr-471	1051	18	in	in	ADP
ftr-471	1051	19	the	the	DET
ftr-471	1051	20	equal	equal	ADJ
ftr-471	1051	21	abc	abc	PROPN
ftr-471	1051	22	partnership	partnership	NOUN
ftr-471	1051	23	from	from	ADP
ftr-471	1051	24	one	one	NUM
ftr-471	1051	25	-	-	PUNCT
ftr-471	1051	26	third	third	NOUN
ftr-471	1051	27	to	to	ADP
ftr-471	1051	28	one225	one225	PROPN
ftr-471	1051	29	.	.	PUNCT
ftr-471	1052	1	see	see	VERB
ftr-471	1052	2	irc	irc	PROPN
ftr-471	1052	3	§	§	PROPN
ftr-471	1052	4	1(h)(1)(b	1(h)(1)(b	PROPN
ftr-471	1052	5	)	)	PUNCT
ftr-471	1052	6	,	,	PUNCT
ftr-471	1052	7	(	(	PUNCT
ftr-471	1052	8	h)(6	h)(6	NOUN
ftr-471	1052	9	)	)	PUNCT
ftr-471	1052	10	.	.	PUNCT
ftr-471	1053	1	under	under	ADP
ftr-471	1053	2	the	the	DET
ftr-471	1053	3	new	new	ADJ
ftr-471	1053	4	provision	provision	NOUN
ftr-471	1053	5	,	,	PUNCT
ftr-471	1053	6	the	the	DET
ftr-471	1053	7	amount	amount	NOUN
ftr-471	1053	8	of	of	ADP
ftr-471	1053	9	gain	gain	NOUN
ftr-471	1053	10	that	that	PRON
ftr-471	1053	11	would	would	AUX
ftr-471	1053	12	have	have	AUX
ftr-471	1053	13	been	be	AUX
ftr-471	1053	14	treated	treat	VERB
ftr-471	1053	15	as	as	ADP
ftr-471	1053	16	ordinary	ordinary	ADJ
ftr-471	1053	17	income	income	NOUN
ftr-471	1053	18	if	if	SCONJ
ftr-471	1053	19	the	the	DET
ftr-471	1053	20	property	property	NOUN
ftr-471	1053	21	had	have	AUX
ftr-471	1053	22	been	be	AUX
ftr-471	1053	23	§	§	PROPN
ftr-471	1053	24	1245	1245	NUM
ftr-471	1053	25	property	property	NOUN
ftr-471	1053	26	will	will	AUX
ftr-471	1053	27	be	be	AUX
ftr-471	1053	28	taxed	tax	VERB
ftr-471	1053	29	at	at	ADP
ftr-471	1053	30	a	a	DET
ftr-471	1053	31	special	special	ADJ
ftr-471	1053	32	statutory	statutory	ADJ
ftr-471	1053	33	rate	rate	NOUN
ftr-471	1053	34	(	(	PUNCT
ftr-471	1053	35	25	25	NUM
ftr-471	1053	36	%	%	NOUN
ftr-471	1053	37	maximum	maximum	NOUN
ftr-471	1053	38	)	)	PUNCT
ftr-471	1053	39	.	.	PUNCT
ftr-471	1054	1	[	[	X
ftr-471	1054	2	vol	vol	NOUN
ftr-471	1054	3	3:12	3:12	NUM
ftr-471	1054	4	partnership	partnership	NOUN
ftr-471	1054	5	distributions	distribution	NOUN
ftr-471	1054	6	:	:	PUNCT
ftr-471	1054	7	options	option	NOUN
ftr-471	1054	8	for	for	ADP
ftr-471	1054	9	reform	reform	NOUN
ftr-471	1054	10	fifth	fifth	ADJ
ftr-471	1054	11	.	.	PUNCT
ftr-471	1055	1	immediately	immediately	ADV
ftr-471	1055	2	before	before	ADP
ftr-471	1055	3	the	the	DET
ftr-471	1055	4	distribution	distribution	NOUN
ftr-471	1055	5	,	,	PUNCT
ftr-471	1055	6	the	the	DET
ftr-471	1055	7	partnership	partnership	NOUN
ftr-471	1055	8	's	's	PART
ftr-471	1055	9	assets	asset	NOUN
ftr-471	1055	10	are	be	AUX
ftr-471	1055	11	revalued	revalue	VERB
ftr-471	1055	12	:	:	PUNCT
ftr-471	1055	13	assets	asset	NOUN
ftr-471	1055	14	basis	basis	NOUN
ftr-471	1055	15	value	value	NOUN
ftr-471	1055	16	capital	capital	NOUN
ftr-471	1055	17	basis	basis	NOUN
ftr-471	1055	18	value	value	NOUN
ftr-471	1055	19	cash	cash	NOUN
ftr-471	1055	20	$	$	SYM
ftr-471	1055	21	120	120	NUM
ftr-471	1055	22	$	$	SYM
ftr-471	1055	23	120	120	NUM
ftr-471	1055	24	a	a	DET
ftr-471	1055	25	s120	s120	NUM
ftr-471	1055	26	$	$	SYM
ftr-471	1055	27	180	180	NUM
ftr-471	1055	28	inventory	inventory	NOUN
ftr-471	1055	29	#	#	SYM
ftr-471	1055	30	1	1	NUM
ftr-471	1055	31	60	60	NUM
ftr-471	1055	32	180	180	NUM
ftr-471	1055	33	b	b	SYM
ftr-471	1055	34	120	120	NUM
ftr-471	1055	35	180	180	NUM
ftr-471	1055	36	inventory	inventory	NOUN
ftr-471	1055	37	#	#	SYM
ftr-471	1055	38	2	2	NUM
ftr-471	1055	39	60	60	NUM
ftr-471	1055	40	90	90	NUM
ftr-471	1055	41	c	c	NOUN
ftr-471	1055	42	120	120	NUM
ftr-471	1055	43	180	180	NUM
ftr-471	1055	44	securities	security	NOUN
ftr-471	1055	45	120	120	NUM
ftr-471	1055	46	150	150	NUM
ftr-471	1055	47	total	total	NOUN
ftr-471	1055	48	$	$	SYM
ftr-471	1055	49	360	360	NUM
ftr-471	1055	50	$	$	SYM
ftr-471	1055	51	540	540	NUM
ftr-471	1055	52	total	total	NOUN
ftr-471	1055	53	$	$	SYM
ftr-471	1055	54	360	360	NUM
ftr-471	1055	55	$	$	SYM
ftr-471	1055	56	540	540	NUM
ftr-471	1055	57	the	the	DET
ftr-471	1055	58	partnership	partnership	NOUN
ftr-471	1055	59	's	's	PART
ftr-471	1055	60	post	post	ADJ
ftr-471	1055	61	-	-	ADJ
ftr-471	1055	62	distribution	distribution	ADJ
ftr-471	1055	63	balance	balance	NOUN
ftr-471	1055	64	sheet	sheet	NOUN
ftr-471	1055	65	is	be	AUX
ftr-471	1055	66	as	as	SCONJ
ftr-471	1055	67	follows	follow	VERB
ftr-471	1055	68	:	:	PUNCT
ftr-471	1055	69	assets	asset	NOUN
ftr-471	1055	70	basis	basis	NOUN
ftr-471	1055	71	value	value	NOUN
ftr-471	1055	72	capital	capital	NOUN
ftr-471	1055	73	basis	basis	NOUN
ftr-471	1055	74	value	value	NOUN
ftr-471	1055	75	cash	cash	NOUN
ftr-471	1055	76	$	$	SYM
ftr-471	1055	77	120	120	NUM
ftr-471	1055	78	$	$	SYM
ftr-471	1055	79	120	120	NUM
ftr-471	1055	80	a	a	DET
ftr-471	1055	81	$	$	SYM
ftr-471	1055	82	120	120	NUM
ftr-471	1055	83	$	$	SYM
ftr-471	1055	84	180	180	NUM
ftr-471	1055	85	inventory	inventory	NOUN
ftr-471	1055	86	#	#	SYM
ftr-471	1055	87	1	1	NUM
ftr-471	1055	88	60	60	NUM
ftr-471	1055	89	180	180	NUM
ftr-471	1055	90	b	b	SYM
ftr-471	1055	91	120	120	NUM
ftr-471	1055	92	180	180	NUM
ftr-471	1055	93	securities	security	NOUN
ftr-471	1055	94	120	120	NUM
ftr-471	1055	95	150	150	NUM
ftr-471	1055	96	c	c	NOUN
ftr-471	1055	97	60	60	NUM
ftr-471	1055	98	90	90	NUM
ftr-471	1055	99	total	total	NOUN
ftr-471	1055	100	$	$	SYM
ftr-471	1055	101	300	300	NUM
ftr-471	1055	102	$	$	SYM
ftr-471	1055	103	450	450	NUM
ftr-471	1055	104	total	total	NOUN
ftr-471	1055	105	$	$	SYM
ftr-471	1055	106	300	300	NUM
ftr-471	1055	107	$	$	SYM
ftr-471	1055	108	450	450	NUM
ftr-471	1055	109	following	follow	VERB
ftr-471	1055	110	the	the	DET
ftr-471	1055	111	distribution	distribution	NOUN
ftr-471	1055	112	,	,	PUNCT
ftr-471	1055	113	c	c	PROPN
ftr-471	1055	114	has	have	VERB
ftr-471	1055	115	a	a	DET
ftr-471	1055	116	one	one	NUM
ftr-471	1055	117	-	-	PUNCT
ftr-471	1055	118	fifth	fifth	ADJ
ftr-471	1055	119	share	share	NOUN
ftr-471	1055	120	of	of	ADP
ftr-471	1055	121	the	the	DET
ftr-471	1055	122	partnership	partnership	NOUN
ftr-471	1055	123	's	's	PART
ftr-471	1055	124	common	common	ADJ
ftr-471	1055	125	basis	basis	NOUN
ftr-471	1055	126	(	(	PUNCT
ftr-471	1055	127	$	$	SYM
ftr-471	1055	128	60/$300	60/$300	NUM
ftr-471	1055	129	)	)	PUNCT
ftr-471	1055	130	and	and	CCONJ
ftr-471	1055	131	a	a	DET
ftr-471	1055	132	one	one	NUM
ftr-471	1055	133	-	-	PUNCT
ftr-471	1055	134	fifth	fifth	ADJ
ftr-471	1055	135	share	share	NOUN
ftr-471	1055	136	of	of	ADP
ftr-471	1055	137	the	the	DET
ftr-471	1055	138	gross	gross	ADJ
ftr-471	1055	139	value	value	NOUN
ftr-471	1055	140	of	of	ADP
ftr-471	1055	141	the	the	DET
ftr-471	1055	142	partnership	partnership	NOUN
ftr-471	1055	143	's	's	PART
ftr-471	1055	144	assets	asset	NOUN
ftr-471	1055	145	(	(	PUNCT
ftr-471	1055	146	$	$	SYM
ftr-471	1055	147	90/$450	90/$450	NUM
ftr-471	1055	148	)	)	PUNCT
ftr-471	1055	149	.	.	PUNCT
ftr-471	1056	1	applying	apply	VERB
ftr-471	1056	2	section	section	NOUN
ftr-471	1056	3	704(c	704(c	NOUN
ftr-471	1056	4	)	)	PUNCT
ftr-471	1056	5	principles	principle	NOUN
ftr-471	1056	6	,	,	PUNCT
ftr-471	1056	7	c	c	PROPN
ftr-471	1056	8	has	have	VERB
ftr-471	1056	9	a	a	DET
ftr-471	1056	10	one	one	NUM
ftr-471	1056	11	-	-	PUNCT
ftr-471	1056	12	third	third	NOUN
ftr-471	1056	13	share	share	NOUN
ftr-471	1056	14	of	of	ADP
ftr-471	1056	15	the	the	DET
ftr-471	1056	16	unrealized	unrealized	ADJ
ftr-471	1056	17	appreciation	appreciation	NOUN
ftr-471	1056	18	in	in	ADP
ftr-471	1056	19	the	the	DET
ftr-471	1056	20	securities	security	NOUN
ftr-471	1056	21	(	(	PUNCT
ftr-471	1056	22	$	$	SYM
ftr-471	1056	23	10	10	NUM
ftr-471	1056	24	)	)	PUNCT
ftr-471	1056	25	and	and	CCONJ
ftr-471	1056	26	a	a	DET
ftr-471	1056	27	one	one	NUM
ftr-471	1056	28	-	-	PUNCT
ftr-471	1056	29	sixth	sixth	ADJ
ftr-471	1056	30	share	share	NOUN
ftr-471	1056	31	of	of	ADP
ftr-471	1056	32	the	the	DET
ftr-471	1056	33	unrealized	unrealized	ADJ
ftr-471	1056	34	appreciation	appreciation	NOUN
ftr-471	1056	35	in	in	ADP
ftr-471	1056	36	inventory	inventory	NOUN
ftr-471	1056	37	#	#	SYM
ftr-471	1056	38	1	1	NUM
ftr-471	1056	39	(	(	PUNCT
ftr-471	1056	40	$	$	SYM
ftr-471	1056	41	20	20	NUM
ftr-471	1056	42	)	)	PUNCT
ftr-471	1056	43	.	.	PUNCT
ftr-471	1057	1	c	c	X
ftr-471	1057	2	's	's	PART
ftr-471	1057	3	onesixth	onesixth	ADJ
ftr-471	1057	4	share	share	NOUN
ftr-471	1057	5	of	of	ADP
ftr-471	1057	6	the	the	DET
ftr-471	1057	7	partnership	partnership	NOUN
ftr-471	1057	8	's	's	PART
ftr-471	1057	9	remaining	remain	VERB
ftr-471	1057	10	hot	hot	ADJ
ftr-471	1057	11	asset	asset	NOUN
ftr-471	1057	12	gain	gain	NOUN
ftr-471	1057	13	is	be	AUX
ftr-471	1057	14	equal	equal	ADJ
ftr-471	1057	15	to	to	ADP
ftr-471	1057	16	her	her	PRON
ftr-471	1057	17	predistribution	predistribution	NOUN
ftr-471	1057	18	one	one	NUM
ftr-471	1057	19	-	-	PUNCT
ftr-471	1057	20	third	third	NOUN
ftr-471	1057	21	share	share	NOUN
ftr-471	1057	22	of	of	ADP
ftr-471	1057	23	total	total	ADJ
ftr-471	1057	24	hot	hot	ADJ
ftr-471	1057	25	asset	asset	NOUN
ftr-471	1057	26	gain	gain	NOUN
ftr-471	1057	27	(	(	PUNCT
ftr-471	1057	28	$	$	SYM
ftr-471	1057	29	50	50	NUM
ftr-471	1057	30	)	)	PUNCT
ftr-471	1057	31	less	less	ADJ
ftr-471	1057	32	her	her	PRON
ftr-471	1057	33	preserved	preserve	VERB
ftr-471	1057	34	share	share	NOUN
ftr-471	1057	35	of	of	ADP
ftr-471	1057	36	hot	hot	ADJ
ftr-471	1057	37	asset	asset	NOUN
ftr-471	1057	38	gain	gain	NOUN
ftr-471	1057	39	in	in	ADP
ftr-471	1057	40	distributed	distribute	VERB
ftr-471	1057	41	inventory	inventory	NOUN
ftr-471	1057	42	#	#	SYM
ftr-471	1057	43	2	2	NUM
ftr-471	1057	44	(	(	PUNCT
ftr-471	1057	45	$	$	SYM
ftr-471	1057	46	30	30	NUM
ftr-471	1057	47	)	)	PUNCT
ftr-471	1057	48	.	.	PUNCT
ftr-471	1058	1	since	since	SCONJ
ftr-471	1058	2	there	there	PRON
ftr-471	1058	3	is	be	VERB
ftr-471	1058	4	no	no	DET
ftr-471	1058	5	net	net	ADJ
ftr-471	1058	6	increase	increase	NOUN
ftr-471	1058	7	(	(	PUNCT
ftr-471	1058	8	decrease	decrease	NOUN
ftr-471	1058	9	)	)	PUNCT
ftr-471	1058	10	in	in	ADP
ftr-471	1058	11	c	c	PROPN
ftr-471	1058	12	's	's	PART
ftr-471	1058	13	share	share	NOUN
ftr-471	1058	14	of	of	ADP
ftr-471	1058	15	hot	hot	ADJ
ftr-471	1058	16	asset	asset	NOUN
ftr-471	1058	17	gain	gain	NOUN
ftr-471	1058	18	,	,	PUNCT
ftr-471	1058	19	the	the	DET
ftr-471	1058	20	distribution	distribution	NOUN
ftr-471	1058	21	should	should	AUX
ftr-471	1058	22	not	not	PART
ftr-471	1058	23	trigger	trigger	VERB
ftr-471	1058	24	section	section	NOUN
ftr-471	1058	25	751(b	751(b	PROPN
ftr-471	1058	26	)	)	PUNCT
ftr-471	1058	27	.	.	PUNCT
ftr-471	1059	1	the	the	DET
ftr-471	1059	2	partnership	partnership	NOUN
ftr-471	1059	3	's	's	PART
ftr-471	1059	4	remaining	remain	VERB
ftr-471	1059	5	hot	hot	ADJ
ftr-471	1059	6	asset	asset	NOUN
ftr-471	1059	7	gain	gain	NOUN
ftr-471	1059	8	of	of	ADP
ftr-471	1059	9	$	$	SYM
ftr-471	1059	10	100	100	NUM
ftr-471	1059	11	(	(	PUNCT
ftr-471	1059	12	$	$	SYM
ftr-471	1059	13	120	120	NUM
ftr-471	1059	14	less	less	ADJ
ftr-471	1059	15	c	c	NOUN
ftr-471	1059	16	's	's	PART
ftr-471	1059	17	$	$	SYM
ftr-471	1059	18	20	20	NUM
ftr-471	1059	19	share	share	NOUN
ftr-471	1059	20	)	)	PUNCT
ftr-471	1059	21	should	should	AUX
ftr-471	1059	22	be	be	AUX
ftr-471	1059	23	allocated	allocate	VERB
ftr-471	1059	24	entirely	entirely	ADV
ftr-471	1059	25	to	to	ADP
ftr-471	1059	26	a	a	PRON
ftr-471	1059	27	and	and	CCONJ
ftr-471	1059	28	b	b	NOUN
ftr-471	1059	29	,	,	PUNCT
ftr-471	1059	30	preserving	preserve	VERB
ftr-471	1059	31	each	each	DET
ftr-471	1059	32	partner	partner	NOUN
ftr-471	1059	33	's	's	PART
ftr-471	1059	34	pre	pre	ADJ
ftr-471	1059	35	-	-	ADJ
ftr-471	1059	36	distribution	distribution	ADJ
ftr-471	1059	37	share	share	NOUN
ftr-471	1059	38	of	of	ADP
ftr-471	1059	39	hot	hot	ADJ
ftr-471	1059	40	asset	asset	NOUN
ftr-471	1059	41	gain	gain	NOUN
ftr-471	1059	42	(	(	PUNCT
ftr-471	1059	43	$	$	SYM
ftr-471	1059	44	50	50	NUM
ftr-471	1059	45	)	)	PUNCT
ftr-471	1059	46	.	.	PUNCT
ftr-471	1060	1	each	each	DET
ftr-471	1060	2	partner	partner	NOUN
ftr-471	1060	3	would	would	AUX
ftr-471	1060	4	continue	continue	VERB
ftr-471	1060	5	to	to	PART
ftr-471	1060	6	be	be	AUX
ftr-471	1060	7	allocated	allocate	VERB
ftr-471	1060	8	a	a	DET
ftr-471	1060	9	one	one	NUM
ftr-471	1060	10	-	-	PUNCT
ftr-471	1060	11	third	third	NOUN
ftr-471	1060	12	share	share	NOUN
ftr-471	1060	13	(	(	PUNCT
ftr-471	1060	14	$	$	SYM
ftr-471	1060	15	10	10	NUM
ftr-471	1060	16	)	)	PUNCT
ftr-471	1060	17	of	of	ADP
ftr-471	1060	18	the	the	DET
ftr-471	1060	19	unrealized	unrealized	ADJ
ftr-471	1060	20	appreciation	appreciation	NOUN
ftr-471	1060	21	in	in	ADP
ftr-471	1060	22	the	the	DET
ftr-471	1060	23	securities	security	NOUN
ftr-471	1060	24	.	.	PUNCT
ftr-471	1061	1	assume	assume	VERB
ftr-471	1061	2	that	that	SCONJ
ftr-471	1061	3	c	c	PROPN
ftr-471	1061	4	instead	instead	ADV
ftr-471	1061	5	receives	receive	VERB
ftr-471	1061	6	a	a	DET
ftr-471	1061	7	distribution	distribution	NOUN
ftr-471	1061	8	of	of	ADP
ftr-471	1061	9	$	$	SYM
ftr-471	1061	10	90	90	NUM
ftr-471	1061	11	cash	cash	NOUN
ftr-471	1061	12	(	(	PUNCT
ftr-471	1061	13	rather	rather	ADV
ftr-471	1061	14	than	than	ADP
ftr-471	1061	15	inventory	inventory	NOUN
ftr-471	1061	16	#	#	SYM
ftr-471	1061	17	2	2	NUM
ftr-471	1061	18	)	)	PUNCT
ftr-471	1061	19	and	and	CCONJ
ftr-471	1061	20	the	the	DET
ftr-471	1061	21	partnership	partnership	NOUN
ftr-471	1061	22	's	's	PART
ftr-471	1061	23	assets	asset	NOUN
ftr-471	1061	24	are	be	AUX
ftr-471	1061	25	revalued	revalue	VERB
ftr-471	1061	26	immediately	immediately	ADV
ftr-471	1061	27	before	before	ADP
ftr-471	1061	28	the	the	DET
ftr-471	1061	29	distribution	distribution	NOUN
ftr-471	1061	30	.	.	PUNCT
ftr-471	1062	1	the	the	DET
ftr-471	1062	2	partnership	partnership	NOUN
ftr-471	1062	3	's	's	PART
ftr-471	1062	4	post	post	ADJ
ftr-471	1062	5	-	-	ADJ
ftr-471	1062	6	distribution	distribution	ADJ
ftr-471	1062	7	balance	balance	NOUN
ftr-471	1062	8	sheet	sheet	NOUN
ftr-471	1062	9	is	be	AUX
ftr-471	1062	10	as	as	SCONJ
ftr-471	1062	11	follows	follow	VERB
ftr-471	1062	12	:	:	PUNCT
ftr-471	1062	13	assets	asset	NOUN
ftr-471	1062	14	basis	basis	NOUN
ftr-471	1062	15	value	value	NOUN
ftr-471	1062	16	capital	capital	NOUN
ftr-471	1062	17	basis	basis	NOUN
ftr-471	1062	18	value	value	NOUN
ftr-471	1062	19	cash	cash	NOUN
ftr-471	1062	20	$	$	SYM
ftr-471	1062	21	30	30	NUM
ftr-471	1062	22	$	$	SYM
ftr-471	1062	23	30	30	NUM
ftr-471	1062	24	a	a	DET
ftr-471	1062	25	$	$	SYM
ftr-471	1062	26	120	120	NUM
ftr-471	1062	27	$	$	SYM
ftr-471	1062	28	180	180	NUM
ftr-471	1062	29	inventory	inventory	NOUN
ftr-471	1062	30	#	#	SYM
ftr-471	1062	31	1	1	NUM
ftr-471	1062	32	60	60	NUM
ftr-471	1062	33	180	180	NUM
ftr-471	1062	34	b	b	SYM
ftr-471	1062	35	120	120	NUM
ftr-471	1062	36	180	180	NUM
ftr-471	1062	37	inventory	inventory	NOUN
ftr-471	1062	38	#	#	SYM
ftr-471	1062	39	2	2	NUM
ftr-471	1062	40	60	60	NUM
ftr-471	1062	41	90	90	NUM
ftr-471	1062	42	c	c	NOUN
ftr-471	1062	43	30	30	NUM
ftr-471	1062	44	90	90	NUM
ftr-471	1062	45	securities	security	NOUN
ftr-471	1062	46	120	120	NUM
ftr-471	1062	47	150	150	NUM
ftr-471	1062	48	total	total	NOUN
ftr-471	1062	49	$	$	SYM
ftr-471	1062	50	270	270	NUM
ftr-471	1062	51	$	$	SYM
ftr-471	1062	52	450	450	NUM
ftr-471	1062	53	total	total	NOUN
ftr-471	1062	54	$	$	SYM
ftr-471	1062	55	270	270	NUM
ftr-471	1062	56	$	$	SYM
ftr-471	1062	57	450	450	NUM
ftr-471	1062	58	c	c	NOUN
ftr-471	1062	59	has	have	VERB
ftr-471	1062	60	a	a	DET
ftr-471	1062	61	one	one	NUM
ftr-471	1062	62	-	-	PUNCT
ftr-471	1062	63	ninth	ninth	ADJ
ftr-471	1062	64	share	share	NOUN
ftr-471	1062	65	of	of	ADP
ftr-471	1062	66	the	the	DET
ftr-471	1062	67	partnership	partnership	NOUN
ftr-471	1062	68	's	's	PART
ftr-471	1062	69	common	common	ADJ
ftr-471	1062	70	basis	basis	NOUN
ftr-471	1062	71	(	(	PUNCT
ftr-471	1062	72	$	$	SYM
ftr-471	1062	73	30/$270	30/$270	NUM
ftr-471	1062	74	)	)	PUNCT
ftr-471	1062	75	and	and	CCONJ
ftr-471	1062	76	a	a	DET
ftr-471	1062	77	one	one	NUM
ftr-471	1062	78	-	-	PUNCT
ftr-471	1062	79	fifth	fifth	ADJ
ftr-471	1062	80	share	share	NOUN
ftr-471	1062	81	of	of	ADP
ftr-471	1062	82	the	the	DET
ftr-471	1062	83	gross	gross	ADJ
ftr-471	1062	84	value	value	NOUN
ftr-471	1062	85	of	of	ADP
ftr-471	1062	86	the	the	DET
ftr-471	1062	87	partnership	partnership	NOUN
ftr-471	1062	88	's	's	PART
ftr-471	1062	89	assets	asset	NOUN
ftr-471	1062	90	(	(	PUNCT
ftr-471	1062	91	$	$	SYM
ftr-471	1062	92	90$450	90$450	NUM
ftr-471	1062	93	)	)	PUNCT
ftr-471	1062	94	.	.	PUNCT
ftr-471	1063	1	1998	1998	NUM
ftr-471	1063	2	]	]	PUNCT
ftr-471	1063	3	florida	florida	PROPN
ftr-471	1063	4	tax	tax	PROPN
ftr-471	1063	5	review	review	NOUN
ftr-471	1063	6	since	since	SCONJ
ftr-471	1063	7	each	each	DET
ftr-471	1063	8	partner	partner	NOUN
ftr-471	1063	9	's	's	PART
ftr-471	1063	10	pre	pre	ADJ
ftr-471	1063	11	-	-	ADJ
ftr-471	1063	12	distribution	distribution	ADJ
ftr-471	1063	13	one	one	NUM
ftr-471	1063	14	-	-	PUNCT
ftr-471	1063	15	third	third	NOUN
ftr-471	1063	16	share	share	NOUN
ftr-471	1063	17	of	of	ADP
ftr-471	1063	18	the	the	DET
ftr-471	1063	19	unrealized	unrealized	ADJ
ftr-471	1063	20	appreciation	appreciation	NOUN
ftr-471	1063	21	in	in	ADP
ftr-471	1063	22	inventory	inventory	NOUN
ftr-471	1063	23	#	#	SYM
ftr-471	1063	24	1	1	NUM
ftr-471	1063	25	(	(	PUNCT
ftr-471	1063	26	$	$	SYM
ftr-471	1063	27	40	40	NUM
ftr-471	1063	28	)	)	PUNCT
ftr-471	1063	29	,	,	PUNCT
ftr-471	1063	30	inventory	inventory	NOUN
ftr-471	1063	31	#	#	SYM
ftr-471	1063	32	2	2	NUM
ftr-471	1063	33	(	(	PUNCT
ftr-471	1063	34	$	$	SYM
ftr-471	1063	35	10	10	NUM
ftr-471	1063	36	)	)	PUNCT
ftr-471	1063	37	andthe	andthe	PROPN
ftr-471	1063	38	securities	security	NOUN
ftr-471	1063	39	(	(	PUNCT
ftr-471	1063	40	$	$	SYM
ftr-471	1063	41	10	10	NUM
ftr-471	1063	42	)	)	PUNCT
ftr-471	1063	43	is	be	AUX
ftr-471	1063	44	unchanged	unchanged	ADJ
ftr-471	1063	45	,	,	PUNCT
ftr-471	1063	46	section	section	NOUN
ftr-471	1063	47	751(b	751(b	PROPN
ftr-471	1063	48	)	)	PUNCT
ftr-471	1063	49	should	should	AUX
ftr-471	1063	50	be	be	AUX
ftr-471	1063	51	inapplicable	inapplicable	ADJ
ftr-471	1063	52	.	.	PUNCT
ftr-471	1064	1	hot	hot	ADJ
ftr-471	1064	2	asset	asset	NOUN
ftr-471	1064	3	gain	gain	NOUN
ftr-471	1064	4	(	(	PUNCT
ftr-471	1064	5	or	or	CCONJ
ftr-471	1064	6	loss	loss	NOUN
ftr-471	1064	7	)	)	PUNCT
ftr-471	1064	8	should	should	AUX
ftr-471	1064	9	be	be	AUX
ftr-471	1064	10	triggered	trigger	VERB
ftr-471	1064	11	whenever	whenever	SCONJ
ftr-471	1064	12	there	there	PRON
ftr-471	1064	13	is	be	VERB
ftr-471	1064	14	a	a	DET
ftr-471	1064	15	net	net	ADJ
ftr-471	1064	16	increase	increase	NOUN
ftr-471	1064	17	(	(	PUNCT
ftr-471	1064	18	decrease	decrease	NOUN
ftr-471	1064	19	)	)	PUNCT
ftr-471	1064	20	in	in	ADP
ftr-471	1064	21	a	a	DET
ftr-471	1064	22	partner	partner	NOUN
ftr-471	1064	23	's	's	PART
ftr-471	1064	24	share	share	NOUN
ftr-471	1064	25	of	of	ADP
ftr-471	1064	26	hot	hot	ADJ
ftr-471	1064	27	asset	asset	NOUN
ftr-471	1064	28	gain	gain	NOUN
ftr-471	1064	29	(	(	PUNCT
ftr-471	1064	30	or	or	CCONJ
ftr-471	1064	31	loss	loss	NOUN
ftr-471	1064	32	)	)	PUNCT
ftr-471	1064	33	,	,	PUNCT
ftr-471	1064	34	taking	take	VERB
ftr-471	1064	35	into	into	ADP
ftr-471	1064	36	account	account	NOUN
ftr-471	1064	37	the	the	DET
ftr-471	1064	38	effect	effect	NOUN
ftr-471	1064	39	of	of	ADP
ftr-471	1064	40	a	a	DET
ftr-471	1064	41	revaluation	revaluation	NOUN
ftr-471	1064	42	.	.	PUNCT
ftr-471	1065	1	for	for	ADP
ftr-471	1065	2	example	example	NOUN
ftr-471	1065	3	,	,	PUNCT
ftr-471	1065	4	assume	assume	VERB
ftr-471	1065	5	that	that	SCONJ
ftr-471	1065	6	c	c	PROPN
ftr-471	1065	7	instead	instead	ADV
ftr-471	1065	8	receives	receive	VERB
ftr-471	1065	9	a	a	DET
ftr-471	1065	10	distribution	distribution	NOUN
ftr-471	1065	11	of	of	ADP
ftr-471	1065	12	one	one	NUM
ftr-471	1065	13	-	-	PUNCT
ftr-471	1065	14	half	half	NOUN
ftr-471	1065	15	of	of	ADP
ftr-471	1065	16	inventory	inventory	NOUN
ftr-471	1065	17	#	#	SYM
ftr-471	1065	18	1	1	NUM
ftr-471	1065	19	(	(	PUNCT
ftr-471	1065	20	with	with	ADP
ftr-471	1065	21	a	a	DET
ftr-471	1065	22	basis	basis	NOUN
ftr-471	1065	23	of	of	ADP
ftr-471	1065	24	$	$	SYM
ftr-471	1065	25	30	30	NUM
ftr-471	1065	26	and	and	CCONJ
ftr-471	1065	27	a	a	DET
ftr-471	1065	28	fair	fair	ADJ
ftr-471	1065	29	market	market	NOUN
ftr-471	1065	30	value	value	NOUN
ftr-471	1065	31	of	of	ADP
ftr-471	1065	32	$	$	SYM
ftr-471	1065	33	90	90	NUM
ftr-471	1065	34	)	)	PUNCT
ftr-471	1065	35	.	.	PUNCT
ftr-471	1066	1	following	follow	VERB
ftr-471	1066	2	the	the	DET
ftr-471	1066	3	distribution	distribution	NOUN
ftr-471	1066	4	,	,	PUNCT
ftr-471	1066	5	the	the	DET
ftr-471	1066	6	partnership	partnership	NOUN
ftr-471	1066	7	has	have	AUX
ftr-471	1066	8	unrealized	unrealize	VERB
ftr-471	1066	9	appreciation	appreciation	NOUN
ftr-471	1066	10	of	of	ADP
ftr-471	1066	11	$	$	SYM
ftr-471	1066	12	60	60	NUM
ftr-471	1066	13	in	in	ADP
ftr-471	1066	14	the	the	DET
ftr-471	1066	15	remaining	remain	VERB
ftr-471	1066	16	one	one	NUM
ftr-471	1066	17	-	-	PUNCT
ftr-471	1066	18	half	half	NOUN
ftr-471	1066	19	of	of	ADP
ftr-471	1066	20	inventory	inventory	NOUN
ftr-471	1066	21	#	#	SYM
ftr-471	1066	22	1	1	NUM
ftr-471	1066	23	(	(	PUNCT
ftr-471	1066	24	$	$	SYM
ftr-471	1066	25	90	90	NUM
ftr-471	1066	26	fair	fair	ADJ
ftr-471	1066	27	market	market	NOUN
ftr-471	1066	28	value	value	NOUN
ftr-471	1066	29	less	less	ADJ
ftr-471	1066	30	$	$	SYM
ftr-471	1066	31	30	30	NUM
ftr-471	1066	32	basis	basis	NOUN
ftr-471	1066	33	)	)	PUNCT
ftr-471	1066	34	and	and	CCONJ
ftr-471	1066	35	unrealized	unrealized	ADJ
ftr-471	1066	36	appreciation	appreciation	NOUN
ftr-471	1066	37	of	of	ADP
ftr-471	1066	38	$	$	SYM
ftr-471	1066	39	30	30	NUM
ftr-471	1066	40	in	in	ADP
ftr-471	1066	41	inventory	inventory	NOUN
ftr-471	1066	42	#	#	SYM
ftr-471	1066	43	2	2	NUM
ftr-471	1066	44	(	(	PUNCT
ftr-471	1066	45	$	$	SYM
ftr-471	1066	46	90	90	NUM
ftr-471	1066	47	fair	fair	ADJ
ftr-471	1066	48	market	market	NOUN
ftr-471	1066	49	value	value	NOUN
ftr-471	1066	50	less	less	ADJ
ftr-471	1066	51	$	$	SYM
ftr-471	1066	52	60	60	NUM
ftr-471	1066	53	basis	basis	NOUN
ftr-471	1066	54	)	)	PUNCT
ftr-471	1066	55	.	.	PUNCT
ftr-471	1067	1	thus	thus	ADV
ftr-471	1067	2	,	,	PUNCT
ftr-471	1067	3	the	the	DET
ftr-471	1067	4	partnership	partnership	NOUN
ftr-471	1067	5	's	's	PART
ftr-471	1067	6	total	total	ADJ
ftr-471	1067	7	hot	hot	ADJ
ftr-471	1067	8	asset	asset	NOUN
ftr-471	1067	9	gain	gain	NOUN
ftr-471	1067	10	has	have	AUX
ftr-471	1067	11	been	be	AUX
ftr-471	1067	12	reduced	reduce	VERB
ftr-471	1067	13	from	from	ADP
ftr-471	1067	14	$	$	SYM
ftr-471	1067	15	150	150	NUM
ftr-471	1067	16	to	to	PART
ftr-471	1067	17	$	$	SYM
ftr-471	1067	18	90	90	NUM
ftr-471	1067	19	;	;	PUNCT
ftr-471	1067	20	$	$	SYM
ftr-471	1067	21	60	60	NUM
ftr-471	1067	22	of	of	ADP
ftr-471	1067	23	hot	hot	ADJ
ftr-471	1067	24	asset	asset	NOUN
ftr-471	1067	25	gain	gain	NOUN
ftr-471	1067	26	has	have	AUX
ftr-471	1067	27	been	be	AUX
ftr-471	1067	28	shifted	shift	VERB
ftr-471	1067	29	to	to	ADP
ftr-471	1067	30	c	c	PROPN
ftr-471	1067	31	outside	outside	ADP
ftr-471	1067	32	the	the	DET
ftr-471	1067	33	partnership	partnership	NOUN
ftr-471	1067	34	,	,	PUNCT
ftr-471	1067	35	i.e.	i.e.	X
ftr-471	1067	36	,	,	PUNCT
ftr-471	1067	37	the	the	DET
ftr-471	1067	38	difference	difference	NOUN
ftr-471	1067	39	between	between	ADP
ftr-471	1067	40	the	the	DET
ftr-471	1067	41	fair	fair	ADJ
ftr-471	1067	42	market	market	NOUN
ftr-471	1067	43	value	value	NOUN
ftr-471	1067	44	of	of	ADP
ftr-471	1067	45	one	one	NUM
ftr-471	1067	46	-	-	PUNCT
ftr-471	1067	47	half	half	NOUN
ftr-471	1067	48	of	of	ADP
ftr-471	1067	49	inventory	inventory	NOUN
ftr-471	1067	50	#	#	SYM
ftr-471	1067	51	1	1	NUM
ftr-471	1067	52	(	(	PUNCT
ftr-471	1067	53	$	$	SYM
ftr-471	1067	54	90	90	NUM
ftr-471	1067	55	)	)	PUNCT
ftr-471	1067	56	and	and	CCONJ
ftr-471	1067	57	one	one	NUM
ftr-471	1067	58	-	-	PUNCT
ftr-471	1067	59	half	half	NOUN
ftr-471	1067	60	of	of	ADP
ftr-471	1067	61	its	its	PRON
ftr-471	1067	62	predistribution	predistribution	NOUN
ftr-471	1067	63	basis	basis	NOUN
ftr-471	1067	64	in	in	ADP
ftr-471	1067	65	the	the	DET
ftr-471	1067	66	partnership	partnership	NOUN
ftr-471	1067	67	's	's	PART
ftr-471	1067	68	hands	hand	NOUN
ftr-471	1067	69	(	(	PUNCT
ftr-471	1067	70	$	$	SYM
ftr-471	1067	71	30	30	NUM
ftr-471	1067	72	)	)	PUNCT
ftr-471	1067	73	.	.	PUNCT
ftr-471	1068	1	in	in	ADP
ftr-471	1068	2	determining	determine	VERB
ftr-471	1068	3	the	the	DET
ftr-471	1068	4	consequences	consequence	NOUN
ftr-471	1068	5	of	of	ADP
ftr-471	1068	6	the	the	DET
ftr-471	1068	7	hot	hot	ADJ
ftr-471	1068	8	asset	asset	NOUN
ftr-471	1068	9	shift	shift	NOUN
ftr-471	1068	10	,	,	PUNCT
ftr-471	1068	11	c	c	PROPN
ftr-471	1068	12	should	should	AUX
ftr-471	1068	13	be	be	AUX
ftr-471	1068	14	treated	treat	VERB
ftr-471	1068	15	initially	initially	ADV
ftr-471	1068	16	as	as	ADP
ftr-471	1068	17	taking	take	VERB
ftr-471	1068	18	a	a	DET
ftr-471	1068	19	transferred	transfer	VERB
ftr-471	1068	20	basis	basis	NOUN
ftr-471	1068	21	of	of	ADP
ftr-471	1068	22	$	$	SYM
ftr-471	1068	23	30	30	NUM
ftr-471	1068	24	in	in	ADP
ftr-471	1068	25	inventory	inventory	NOUN
ftr-471	1068	26	#	#	SYM
ftr-471	1068	27	1	1	NUM
ftr-471	1068	28	.	.	PUNCT
ftr-471	1069	1	since	since	SCONJ
ftr-471	1069	2	there	there	PRON
ftr-471	1069	3	is	be	VERB
ftr-471	1069	4	a	a	DET
ftr-471	1069	5	net	net	ADJ
ftr-471	1069	6	increase	increase	NOUN
ftr-471	1069	7	of	of	ADP
ftr-471	1069	8	$	$	SYM
ftr-471	1069	9	10	10	NUM
ftr-471	1069	10	in	in	ADP
ftr-471	1069	11	c	c	PROPN
ftr-471	1069	12	's	's	PART
ftr-471	1069	13	share	share	NOUN
ftr-471	1069	14	of	of	ADP
ftr-471	1069	15	hot	hot	ADJ
ftr-471	1069	16	asset	asset	NOUN
ftr-471	1069	17	gain	gain	NOUN
ftr-471	1069	18	(	(	PUNCT
ftr-471	1069	19	$	$	SYM
ftr-471	1069	20	60	60	NUM
ftr-471	1069	21	outside	outside	ADP
ftr-471	1069	22	the	the	DET
ftr-471	1069	23	partnership	partnership	NOUN
ftr-471	1069	24	less	less	ADJ
ftr-471	1069	25	$	$	SYM
ftr-471	1069	26	50	50	NUM
ftr-471	1069	27	pre	pre	ADJ
ftr-471	1069	28	-	-	ADJ
ftr-471	1069	29	distribution	distribution	ADJ
ftr-471	1069	30	share	share	NOUN
ftr-471	1069	31	)	)	PUNCT
ftr-471	1069	32	,	,	PUNCT
ftr-471	1069	33	the	the	DET
ftr-471	1069	34	distribution	distribution	NOUN
ftr-471	1069	35	should	should	AUX
ftr-471	1069	36	trigger	trigger	VERB
ftr-471	1069	37	ordinary	ordinary	ADJ
ftr-471	1069	38	income	income	NOUN
ftr-471	1069	39	to	to	ADP
ftr-471	1069	40	a	a	PRON
ftr-471	1069	41	and	and	CCONJ
ftr-471	1069	42	b	b	NOUN
ftr-471	1069	43	equal	equal	ADJ
ftr-471	1069	44	to	to	ADP
ftr-471	1069	45	the	the	DET
ftr-471	1069	46	net	net	ADJ
ftr-471	1069	47	increase	increase	NOUN
ftr-471	1069	48	in	in	ADP
ftr-471	1069	49	c	c	PROPN
ftr-471	1069	50	's	's	PART
ftr-471	1069	51	share	share	NOUN
ftr-471	1069	52	of	of	ADP
ftr-471	1069	53	hot	hot	ADJ
ftr-471	1069	54	asset	asset	NOUN
ftr-471	1069	55	gain	gain	NOUN
ftr-471	1069	56	.	.	PUNCT
ftr-471	1070	1	a	a	PRON
ftr-471	1070	2	and	and	CCONJ
ftr-471	1070	3	b	b	NOUN
ftr-471	1070	4	would	would	AUX
ftr-471	1070	5	be	be	AUX
ftr-471	1070	6	treated	treat	VERB
ftr-471	1070	7	as	as	ADP
ftr-471	1070	8	selling	sell	VERB
ftr-471	1070	9	their	their	PRON
ftr-471	1070	10	relinquished	relinquished	ADJ
ftr-471	1070	11	shares	share	NOUN
ftr-471	1070	12	of	of	ADP
ftr-471	1070	13	hot	hot	ADJ
ftr-471	1070	14	asset	asset	NOUN
ftr-471	1070	15	appreciation	appreciation	NOUN
ftr-471	1070	16	in	in	ADP
ftr-471	1070	17	inventory	inventory	NOUN
ftr-471	1070	18	#	#	SYM
ftr-471	1070	19	1	1	NUM
ftr-471	1070	20	(	(	PUNCT
ftr-471	1070	21	$	$	SYM
ftr-471	1070	22	10	10	NUM
ftr-471	1070	23	)	)	PUNCT
ftr-471	1070	24	for	for	ADP
ftr-471	1070	25	cash	cash	NOUN
ftr-471	1070	26	,	,	PUNCT
ftr-471	1070	27	triggering	trigger	VERB
ftr-471	1070	28	$	$	SYM
ftr-471	1070	29	5	5	NUM
ftr-471	1070	30	of	of	ADP
ftr-471	1070	31	ordinary	ordinary	ADJ
ftr-471	1070	32	income	income	NOUN
ftr-471	1070	33	to	to	ADP
ftr-471	1070	34	each	each	DET
ftr-471	1070	35	partner	partner	NOUN
ftr-471	1070	36	;	;	PUNCT
ftr-471	1070	37	a	a	DET
ftr-471	1070	38	's	's	X
ftr-471	1070	39	and	and	CCONJ
ftr-471	1070	40	b	b	NOUN
ftr-471	1070	41	's	's	PART
ftr-471	1070	42	outside	outside	ADJ
ftr-471	1070	43	bases	basis	NOUN
ftr-471	1070	44	and	and	CCONJ
ftr-471	1070	45	tax	tax	NOUN
ftr-471	1070	46	capital	capital	NOUN
ftr-471	1070	47	accounts	account	NOUN
ftr-471	1070	48	would	would	AUX
ftr-471	1070	49	be	be	AUX
ftr-471	1070	50	increased	increase	VERB
ftr-471	1070	51	to	to	PART
ftr-471	1070	52	reflect	reflect	VERB
ftr-471	1070	53	the	the	DET
ftr-471	1070	54	gain	gain	NOUN
ftr-471	1070	55	recognized.226	recognized.226	NOUN
ftr-471	1070	56	immediately	immediately	ADV
ftr-471	1070	57	before	before	ADP
ftr-471	1070	58	the	the	DET
ftr-471	1070	59	distribution	distribution	NOUN
ftr-471	1070	60	,	,	PUNCT
ftr-471	1070	61	the	the	DET
ftr-471	1070	62	partnership	partnership	NOUN
ftr-471	1070	63	's	's	PART
ftr-471	1070	64	basis	basis	NOUN
ftr-471	1070	65	in	in	ADP
ftr-471	1070	66	the	the	DET
ftr-471	1070	67	distributed	distribute	VERB
ftr-471	1070	68	half	half	NOUN
ftr-471	1070	69	of	of	ADP
ftr-471	1070	70	inventory	inventory	NOUN
ftr-471	1070	71	#	#	SYM
ftr-471	1070	72	1	1	NUM
ftr-471	1070	73	would	would	AUX
ftr-471	1070	74	be	be	AUX
ftr-471	1070	75	increased	increase	VERB
ftr-471	1070	76	from	from	ADP
ftr-471	1070	77	$	$	SYM
ftr-471	1070	78	30	30	NUM
ftr-471	1070	79	to	to	PART
ftr-471	1070	80	$	$	SYM
ftr-471	1070	81	40	40	NUM
ftr-471	1070	82	to	to	PART
ftr-471	1070	83	reflect	reflect	VERB
ftr-471	1070	84	the	the	DET
ftr-471	1070	85	gain	gain	NOUN
ftr-471	1070	86	recognized	recognize	VERB
ftr-471	1070	87	.	.	PUNCT
ftr-471	1071	1	accordingly	accordingly	ADV
ftr-471	1071	2	,	,	PUNCT
ftr-471	1071	3	c	c	PROPN
ftr-471	1071	4	would	would	AUX
ftr-471	1071	5	take	take	VERB
ftr-471	1071	6	a	a	DET
ftr-471	1071	7	basis	basis	NOUN
ftr-471	1071	8	of	of	ADP
ftr-471	1071	9	$	$	SYM
ftr-471	1071	10	40	40	NUM
ftr-471	1071	11	in	in	ADP
ftr-471	1071	12	inventory	inventory	NOUN
ftr-471	1071	13	#	#	SYM
ftr-471	1071	14	1	1	NUM
ftr-471	1071	15	,	,	PUNCT
ftr-471	1071	16	leaving	leave	VERB
ftr-471	1071	17	her	she	PRON
ftr-471	1071	18	with	with	ADP
ftr-471	1071	19	a	a	DET
ftr-471	1071	20	$	$	SYM
ftr-471	1071	21	50	50	NUM
ftr-471	1071	22	share	share	NOUN
ftr-471	1071	23	of	of	ADP
ftr-471	1071	24	hot	hot	ADJ
ftr-471	1071	25	asset	asset	NOUN
ftr-471	1071	26	gain	gain	NOUN
ftr-471	1071	27	(	(	PUNCT
ftr-471	1071	28	$	$	SYM
ftr-471	1071	29	90	90	NUM
ftr-471	1071	30	fair	fair	ADJ
ftr-471	1071	31	market	market	NOUN
ftr-471	1071	32	value	value	NOUN
ftr-471	1071	33	less	less	ADJ
ftr-471	1071	34	$	$	SYM
ftr-471	1071	35	40	40	NUM
ftr-471	1071	36	basis	basis	NOUN
ftr-471	1071	37	)	)	PUNCT
ftr-471	1071	38	in	in	ADP
ftr-471	1071	39	inventory	inventory	NOUN
ftr-471	1071	40	#	#	SYM
ftr-471	1071	41	1	1	NUM
ftr-471	1071	42	.	.	PUNCT
ftr-471	1072	1	the	the	DET
ftr-471	1072	2	partnership	partnership	NOUN
ftr-471	1072	3	would	would	AUX
ftr-471	1072	4	have	have	VERB
ftr-471	1072	5	the	the	DET
ftr-471	1072	6	following	follow	VERB
ftr-471	1072	7	postdistribution	postdistribution	NOUN
ftr-471	1072	8	balance	balance	NOUN
ftr-471	1072	9	sheet	sheet	NOUN
ftr-471	1072	10	:	:	PUNCT
ftr-471	1072	11	assets	asset	NOUN
ftr-471	1072	12	basis	basis	NOUN
ftr-471	1072	13	value	value	NOUN
ftr-471	1072	14	capital	capital	NOUN
ftr-471	1072	15	basis	basis	NOUN
ftr-471	1072	16	value	value	NOUN
ftr-471	1072	17	cash	cash	NOUN
ftr-471	1072	18	$	$	SYM
ftr-471	1072	19	120	120	NUM
ftr-471	1072	20	$	$	SYM
ftr-471	1072	21	120	120	NUM
ftr-471	1072	22	a	a	DET
ftr-471	1072	23	$	$	SYM
ftr-471	1072	24	125	125	NUM
ftr-471	1072	25	$	$	SYM
ftr-471	1072	26	180	180	NUM
ftr-471	1072	27	inventory	inventory	NOUN
ftr-471	1072	28	#	#	SYM
ftr-471	1072	29	1	1	NUM
ftr-471	1072	30	30	30	NUM
ftr-471	1072	31	90	90	NUM
ftr-471	1072	32	b	b	NUM
ftr-471	1072	33	125	125	NUM
ftr-471	1072	34	180	180	NUM
ftr-471	1072	35	inventory	inventory	NOUN
ftr-471	1072	36	#	#	SYM
ftr-471	1072	37	2	2	NUM
ftr-471	1072	38	60	60	NUM
ftr-471	1072	39	90	90	NUM
ftr-471	1072	40	c	c	NOUN
ftr-471	1072	41	80	80	NUM
ftr-471	1072	42	90	90	NUM
ftr-471	1072	43	securities	security	NOUN
ftr-471	1072	44	120	120	NUM
ftr-471	1072	45	150	150	NUM
ftr-471	1072	46	total	total	NOUN
ftr-471	1072	47	$	$	SYM
ftr-471	1072	48	330	330	NUM
ftr-471	1072	49	$	$	SYM
ftr-471	1072	50	450	450	NUM
ftr-471	1072	51	total	total	NOUN
ftr-471	1072	52	$	$	SYM
ftr-471	1072	53	330	330	NUM
ftr-471	1072	54	$	$	SYM
ftr-471	1072	55	450	450	NUM
ftr-471	1072	56	226	226	NUM
ftr-471	1072	57	.	.	PUNCT
ftr-471	1073	1	the	the	DET
ftr-471	1073	2	transaction	transaction	NOUN
ftr-471	1073	3	may	may	AUX
ftr-471	1073	4	be	be	AUX
ftr-471	1073	5	viewed	view	VERB
ftr-471	1073	6	as	as	ADP
ftr-471	1073	7	a	a	DET
ftr-471	1073	8	sale	sale	NOUN
ftr-471	1073	9	by	by	ADP
ftr-471	1073	10	the	the	DET
ftr-471	1073	11	nondistributee	nondistributee	NOUN
ftr-471	1073	12	partners	partner	NOUN
ftr-471	1073	13	of	of	ADP
ftr-471	1073	14	a	a	DET
ftr-471	1073	15	one	one	NUM
ftr-471	1073	16	-	-	PUNCT
ftr-471	1073	17	sixth	sixth	ADJ
ftr-471	1073	18	interest	interest	NOUN
ftr-471	1073	19	in	in	ADP
ftr-471	1073	20	the	the	DET
ftr-471	1073	21	distributed	distribute	VERB
ftr-471	1073	22	portion	portion	NOUN
ftr-471	1073	23	of	of	ADP
ftr-471	1073	24	inventory	inventory	NOUN
ftr-471	1073	25	#	#	SYM
ftr-471	1073	26	1	1	NUM
ftr-471	1073	27	(	(	PUNCT
ftr-471	1073	28	with	with	ADP
ftr-471	1073	29	a	a	DET
ftr-471	1073	30	basis	basis	NOUN
ftr-471	1073	31	of	of	ADP
ftr-471	1073	32	$	$	SYM
ftr-471	1073	33	5	5	NUM
ftr-471	1073	34	and	and	CCONJ
ftr-471	1073	35	a	a	DET
ftr-471	1073	36	fair	fair	ADJ
ftr-471	1073	37	market	market	NOUN
ftr-471	1073	38	value	value	NOUN
ftr-471	1073	39	of	of	ADP
ftr-471	1073	40	$	$	SYM
ftr-471	1073	41	15	15	NUM
ftr-471	1073	42	)	)	PUNCT
ftr-471	1073	43	for	for	ADP
ftr-471	1073	44	cash	cash	NOUN
ftr-471	1073	45	,	,	PUNCT
ftr-471	1073	46	followed	follow	VERB
ftr-471	1073	47	by	by	ADP
ftr-471	1073	48	a	a	DET
ftr-471	1073	49	contribution	contribution	NOUN
ftr-471	1073	50	of	of	ADP
ftr-471	1073	51	the	the	DET
ftr-471	1073	52	cash	cash	NOUN
ftr-471	1073	53	consideration	consideration	NOUN
ftr-471	1073	54	to	to	ADP
ftr-471	1073	55	the	the	DET
ftr-471	1073	56	partnership	partnership	NOUN
ftr-471	1073	57	.	.	PUNCT
ftr-471	1074	1	see	see	VERB
ftr-471	1074	2	supra	supra	PROPN
ftr-471	1074	3	notes	note	VERB
ftr-471	1074	4	160	160	NUM
ftr-471	1074	5	-	-	SYM
ftr-471	1074	6	61	61	NUM
ftr-471	1074	7	and	and	CCONJ
ftr-471	1074	8	accompanying	accompany	VERB
ftr-471	1074	9	text	text	NOUN
ftr-471	1074	10	.	.	PUNCT
ftr-471	1075	1	[	[	X
ftr-471	1075	2	vol	vol	NOUN
ftr-471	1075	3	.	.	PUNCT
ftr-471	1075	4	3:12	3:12	NUM
ftr-471	1075	5	partnership	partnership	NOUN
ftr-471	1075	6	distributions	distribution	NOUN
ftr-471	1075	7	:	:	PUNCT
ftr-471	1075	8	options	option	NOUN
ftr-471	1075	9	for	for	ADP
ftr-471	1075	10	reform	reform	NOUN
ftr-471	1075	11	applying	apply	VERB
ftr-471	1075	12	section	section	NOUN
ftr-471	1075	13	704(c	704(c	NOUN
ftr-471	1075	14	)	)	PUNCT
ftr-471	1075	15	principles	principle	NOUN
ftr-471	1075	16	,	,	PUNCT
ftr-471	1075	17	the	the	DET
ftr-471	1075	18	unrealized	unrealized	ADJ
ftr-471	1075	19	appreciation	appreciation	NOUN
ftr-471	1075	20	in	in	ADP
ftr-471	1075	21	inventory	inventory	NOUN
ftr-471	1075	22	#	#	SYM
ftr-471	1075	23	1	1	NUM
ftr-471	1075	24	(	(	PUNCT
ftr-471	1075	25	$	$	SYM
ftr-471	1075	26	60	60	NUM
ftr-471	1075	27	)	)	PUNCT
ftr-471	1075	28	and	and	CCONJ
ftr-471	1075	29	inventory	inventory	NOUN
ftr-471	1075	30	#	#	SYM
ftr-471	1075	31	2	2	NUM
ftr-471	1075	32	(	(	PUNCT
ftr-471	1075	33	$	$	SYM
ftr-471	1075	34	30	30	NUM
ftr-471	1075	35	)	)	PUNCT
ftr-471	1075	36	should	should	AUX
ftr-471	1075	37	be	be	AUX
ftr-471	1075	38	allocated	allocate	VERB
ftr-471	1075	39	equally	equally	ADV
ftr-471	1075	40	to	to	ADP
ftr-471	1075	41	a	a	PRON
ftr-471	1075	42	and	and	CCONJ
ftr-471	1075	43	b	b	NOUN
ftr-471	1075	44	,	,	PUNCT
ftr-471	1075	45	preserving	preserve	VERB
ftr-471	1075	46	their	their	PRON
ftr-471	1075	47	$	$	SYM
ftr-471	1075	48	45	45	NUM
ftr-471	1075	49	share	share	NOUN
ftr-471	1075	50	of	of	ADP
ftr-471	1075	51	hot	hot	ADJ
ftr-471	1075	52	asset	asset	NOUN
ftr-471	1075	53	gain	gain	NOUN
ftr-471	1075	54	inside	inside	ADP
ftr-471	1075	55	the	the	DET
ftr-471	1075	56	partnership	partnership	NOUN
ftr-471	1075	57	.	.	PUNCT
ftr-471	1076	1	each	each	DET
ftr-471	1076	2	partner	partner	NOUN
ftr-471	1076	3	would	would	AUX
ftr-471	1076	4	continue	continue	VERB
ftr-471	1076	5	to	to	PART
ftr-471	1076	6	be	be	AUX
ftr-471	1076	7	allocated	allocate	VERB
ftr-471	1076	8	a	a	DET
ftr-471	1076	9	one	one	NUM
ftr-471	1076	10	-	-	PUNCT
ftr-471	1076	11	third	third	NOUN
ftr-471	1076	12	share	share	NOUN
ftr-471	1076	13	(	(	PUNCT
ftr-471	1076	14	s10	s10	NOUN
ftr-471	1076	15	)	)	PUNCT
ftr-471	1076	16	of	of	ADP
ftr-471	1076	17	the	the	DET
ftr-471	1076	18	unrealized	unrealized	ADJ
ftr-471	1076	19	appreciation	appreciation	NOUN
ftr-471	1076	20	inherent	inherent	ADJ
ftr-471	1076	21	in	in	ADP
ftr-471	1076	22	the	the	DET
ftr-471	1076	23	partnership	partnership	NOUN
ftr-471	1076	24	's	's	PART
ftr-471	1076	25	securities	security	NOUN
ftr-471	1076	26	.	.	PUNCT
ftr-471	1077	1	the	the	DET
ftr-471	1077	2	existing	exist	VERB
ftr-471	1077	3	section	section	NOUN
ftr-471	1077	4	751(b	751(b	PROPN
ftr-471	1077	5	)	)	PUNCT
ftr-471	1077	6	regulations	regulation	NOUN
ftr-471	1077	7	focus	focus	VERB
ftr-471	1077	8	on	on	ADP
ftr-471	1077	9	a	a	DET
ftr-471	1077	10	partner	partner	NOUN
ftr-471	1077	11	's	's	PART
ftr-471	1077	12	share	share	NOUN
ftr-471	1077	13	of	of	ADP
ftr-471	1077	14	the	the	DET
ftr-471	1077	15	gross	gross	ADJ
ftr-471	1077	16	value	value	NOUN
ftr-471	1077	17	of	of	ADP
ftr-471	1077	18	hot	hot	ADJ
ftr-471	1077	19	assets	asset	NOUN
ftr-471	1077	20	following	follow	VERB
ftr-471	1077	21	a	a	DET
ftr-471	1077	22	distribution	distribution	NOUN
ftr-471	1077	23	.	.	PUNCT
ftr-471	1078	1	in	in	ADP
ftr-471	1078	2	some	some	DET
ftr-471	1078	3	circumstances	circumstance	NOUN
ftr-471	1078	4	,	,	PUNCT
ftr-471	1078	5	a	a	DET
ftr-471	1078	6	partner	partner	NOUN
ftr-471	1078	7	's	's	PART
ftr-471	1078	8	booked	book	VERB
ftr-471	1078	9	-	-	PUNCT
ftr-471	1078	10	up	up	ADP
ftr-471	1078	11	share	share	NOUN
ftr-471	1078	12	of	of	ADP
ftr-471	1078	13	hot	hot	ADJ
ftr-471	1078	14	asset	asset	NOUN
ftr-471	1078	15	appreciation	appreciation	NOUN
ftr-471	1078	16	may	may	AUX
ftr-471	1078	17	exceed	exceed	VERB
ftr-471	1078	18	the	the	DET
ftr-471	1078	19	gross	gross	ADJ
ftr-471	1078	20	value	value	NOUN
ftr-471	1078	21	of	of	ADP
ftr-471	1078	22	her	her	PRON
ftr-471	1078	23	remaining	remain	VERB
ftr-471	1078	24	interest	interest	NOUN
ftr-471	1078	25	in	in	ADP
ftr-471	1078	26	the	the	DET
ftr-471	1078	27	partnership	partnership	NOUN
ftr-471	1078	28	,	,	PUNCT
ftr-471	1078	29	as	as	SCONJ
ftr-471	1078	30	measured	measure	VERB
ftr-471	1078	31	by	by	ADP
ftr-471	1078	32	her	her	PRON
ftr-471	1078	33	postdistribution	postdistribution	NOUN
ftr-471	1078	34	book	book	NOUN
ftr-471	1078	35	capital	capital	NOUN
ftr-471	1078	36	account	account	PROPN
ftr-471	1078	37	.	.	PUNCT
ftr-471	1079	1	section	section	PROPN
ftr-471	1079	2	751(b	751(b	PROPN
ftr-471	1079	3	)	)	PUNCT
ftr-471	1079	4	should	should	AUX
ftr-471	1079	5	be	be	AUX
ftr-471	1079	6	triggered	trigger	VERB
ftr-471	1079	7	to	to	ADP
ftr-471	1079	8	the	the	DET
ftr-471	1079	9	extent	extent	NOUN
ftr-471	1079	10	that	that	SCONJ
ftr-471	1079	11	the	the	DET
ftr-471	1079	12	book	book	NOUN
ftr-471	1079	13	value	value	NOUN
ftr-471	1079	14	of	of	ADP
ftr-471	1079	15	the	the	DET
ftr-471	1079	16	partner	partner	NOUN
ftr-471	1079	17	's	's	PART
ftr-471	1079	18	interest	interest	NOUN
ftr-471	1079	19	is	be	AUX
ftr-471	1079	20	less	less	ADJ
ftr-471	1079	21	than	than	ADP
ftr-471	1079	22	her	her	PRON
ftr-471	1079	23	preserved	preserve	VERB
ftr-471	1079	24	share	share	NOUN
ftr-471	1079	25	of	of	ADP
ftr-471	1079	26	hot	hot	ADJ
ftr-471	1079	27	asset	asset	NOUN
ftr-471	1079	28	gain.227	gain.227	NOUN
ftr-471	1079	29	for	for	ADP
ftr-471	1079	30	example	example	NOUN
ftr-471	1079	31	,	,	PUNCT
ftr-471	1079	32	assume	assume	VERB
ftr-471	1079	33	that	that	SCONJ
ftr-471	1079	34	the	the	DET
ftr-471	1079	35	equal	equal	ADJ
ftr-471	1079	36	abc	abc	PROPN
ftr-471	1079	37	partnership	partnership	PROPN
ftr-471	1079	38	has	have	VERB
ftr-471	1079	39	$	$	SYM
ftr-471	1079	40	60	60	NUM
ftr-471	1079	41	cash	cash	NOUN
ftr-471	1079	42	,	,	PUNCT
ftr-471	1079	43	inventory	inventory	NOUN
ftr-471	1079	44	worth	worth	ADJ
ftr-471	1079	45	$	$	SYM
ftr-471	1079	46	150	150	NUM
ftr-471	1079	47	(	(	PUNCT
ftr-471	1079	48	with	with	ADP
ftr-471	1079	49	a	a	DET
ftr-471	1079	50	basis	basis	NOUN
ftr-471	1079	51	of	of	ADP
ftr-471	1079	52	$	$	SYM
ftr-471	1079	53	75	75	NUM
ftr-471	1079	54	)	)	PUNCT
ftr-471	1079	55	,	,	PUNCT
ftr-471	1079	56	and	and	CCONJ
ftr-471	1079	57	nontraded	nontraded	ADJ
ftr-471	1079	58	securities	security	NOUN
ftr-471	1079	59	worth	worth	ADJ
ftr-471	1079	60	$	$	SYM
ftr-471	1079	61	90	90	NUM
ftr-471	1079	62	(	(	PUNCT
ftr-471	1079	63	with	with	ADP
ftr-471	1079	64	a	a	DET
ftr-471	1079	65	basis	basis	NOUN
ftr-471	1079	66	of	of	ADP
ftr-471	1079	67	$	$	SYM
ftr-471	1079	68	15	15	NUM
ftr-471	1079	69	)	)	PUNCT
ftr-471	1079	70	,	,	PUNCT
ftr-471	1079	71	and	and	CCONJ
ftr-471	1079	72	each	each	DET
ftr-471	1079	73	partner	partner	NOUN
ftr-471	1079	74	has	have	VERB
ftr-471	1079	75	an	an	DET
ftr-471	1079	76	outside	outside	ADJ
ftr-471	1079	77	basis	basis	NOUN
ftr-471	1079	78	of	of	ADP
ftr-471	1079	79	$	$	SYM
ftr-471	1079	80	50	50	NUM
ftr-471	1079	81	equal	equal	ADJ
ftr-471	1079	82	to	to	ADP
ftr-471	1079	83	her	her	PRON
ftr-471	1079	84	share	share	NOUN
ftr-471	1079	85	of	of	ADP
ftr-471	1079	86	the	the	DET
ftr-471	1079	87	partnership	partnership	NOUN
ftr-471	1079	88	's	's	PART
ftr-471	1079	89	common	common	ADJ
ftr-471	1079	90	basis	basis	NOUN
ftr-471	1079	91	.	.	PUNCT
ftr-471	1080	1	if	if	SCONJ
ftr-471	1080	2	the	the	DET
ftr-471	1080	3	partnership	partnership	NOUN
ftr-471	1080	4	's	's	PART
ftr-471	1080	5	assets	asset	NOUN
ftr-471	1080	6	are	be	AUX
ftr-471	1080	7	revalued	revalue	VERB
ftr-471	1080	8	and	and	CCONJ
ftr-471	1080	9	the	the	DET
ftr-471	1080	10	securities	security	NOUN
ftr-471	1080	11	are	be	AUX
ftr-471	1080	12	distributed	distribute	VERB
ftr-471	1080	13	to	to	ADP
ftr-471	1080	14	c	c	NOUN
ftr-471	1080	15	in	in	ADP
ftr-471	1080	16	redemption	redemption	NOUN
ftr-471	1080	17	of	of	ADP
ftr-471	1080	18	90	90	NUM
ftr-471	1080	19	%	%	NOUN
ftr-471	1080	20	of	of	ADP
ftr-471	1080	21	her	her	PRON
ftr-471	1080	22	partnership	partnership	NOUN
ftr-471	1080	23	interest	interest	NOUN
ftr-471	1080	24	,	,	PUNCT
ftr-471	1080	25	the	the	DET
ftr-471	1080	26	partnership	partnership	NOUN
ftr-471	1080	27	would	would	AUX
ftr-471	1080	28	have	have	VERB
ftr-471	1080	29	the	the	DET
ftr-471	1080	30	following	follow	VERB
ftr-471	1080	31	balance	balance	NOUN
ftr-471	1080	32	sheet	sheet	NOUN
ftr-471	1080	33	(	(	PUNCT
ftr-471	1080	34	assuming	assume	VERB
ftr-471	1080	35	section	section	NOUN
ftr-471	1080	36	751(b	751(b	PROPN
ftr-471	1080	37	)	)	PUNCT
ftr-471	1080	38	is	be	AUX
ftr-471	1080	39	inapplicable	inapplicable	ADJ
ftr-471	1080	40	):	):	PUNCT
ftr-471	1080	41	assets	asset	NOUN
ftr-471	1080	42	basis	basis	NOUN
ftr-471	1080	43	value	value	NOUN
ftr-471	1080	44	capital	capital	NOUN
ftr-471	1080	45	basis	basis	NOUN
ftr-471	1080	46	value	value	NOUN
ftr-471	1080	47	cash	cash	VERB
ftr-471	1080	48	$	$	SYM
ftr-471	1080	49	60	60	NUM
ftr-471	1080	50	$	$	SYM
ftr-471	1080	51	60	60	NUM
ftr-471	1080	52	a	a	DET
ftr-471	1080	53	$	$	SYM
ftr-471	1080	54	50	50	NUM
ftr-471	1080	55	$	$	SYM
ftr-471	1080	56	100	100	NUM
ftr-471	1080	57	inventory	inventory	NOUN
ftr-471	1080	58	75	75	NUM
ftr-471	1080	59	150	150	NUM
ftr-471	1080	60	b	b	NUM
ftr-471	1080	61	50	50	NUM
ftr-471	1080	62	100	100	NUM
ftr-471	1080	63	total	total	ADJ
ftr-471	1080	64	$	$	SYM
ftr-471	1080	65	135	135	NUM
ftr-471	1080	66	$	$	SYM
ftr-471	1080	67	210	210	NUM
ftr-471	1080	68	c	c	NOUN
ftr-471	1080	69	35	35	NUM
ftr-471	1080	70	10	10	NUM
ftr-471	1080	71	total	total	NOUN
ftr-471	1080	72	$	$	SYM
ftr-471	1080	73	135	135	NUM
ftr-471	1080	74	$	$	SYM
ftr-471	1080	75	210	210	NUM
ftr-471	1080	76	c	c	NOUN
ftr-471	1080	77	's	's	PART
ftr-471	1080	78	booked	book	VERB
ftr-471	1080	79	-	-	PUNCT
ftr-471	1080	80	up	up	ADP
ftr-471	1080	81	share	share	NOUN
ftr-471	1080	82	of	of	ADP
ftr-471	1080	83	the	the	DET
ftr-471	1080	84	partnership	partnership	NOUN
ftr-471	1080	85	's	's	PART
ftr-471	1080	86	hot	hot	ADJ
ftr-471	1080	87	asset	asset	NOUN
ftr-471	1080	88	gain	gain	NOUN
ftr-471	1080	89	(	(	PUNCT
ftr-471	1080	90	$	$	SYM
ftr-471	1080	91	25	25	NUM
ftr-471	1080	92	)	)	PUNCT
ftr-471	1080	93	exceeds	exceed	VERB
ftr-471	1080	94	the	the	DET
ftr-471	1080	95	gross	gross	ADJ
ftr-471	1080	96	value	value	NOUN
ftr-471	1080	97	of	of	ADP
ftr-471	1080	98	her	her	PRON
ftr-471	1080	99	remaining	remain	VERB
ftr-471	1080	100	partnership	partnership	NOUN
ftr-471	1080	101	interest	interest	NOUN
ftr-471	1080	102	(	(	PUNCT
ftr-471	1080	103	$	$	SYM
ftr-471	1080	104	10	10	NUM
ftr-471	1080	105	)	)	PUNCT
ftr-471	1080	106	.	.	PUNCT
ftr-471	1081	1	if	if	SCONJ
ftr-471	1081	2	c	c	PROPN
ftr-471	1081	3	sold	sell	VERB
ftr-471	1081	4	her	her	PRON
ftr-471	1081	5	partnership	partnership	NOUN
ftr-471	1081	6	interest	interest	NOUN
ftr-471	1081	7	for	for	ADP
ftr-471	1081	8	$	$	SYM
ftr-471	1081	9	10	10	NUM
ftr-471	1081	10	,	,	PUNCT
ftr-471	1081	11	her	she	PRON
ftr-471	1081	12	recognized	recognize	VERB
ftr-471	1081	13	ordinary	ordinary	ADJ
ftr-471	1081	14	income	income	NOUN
ftr-471	1081	15	under	under	ADP
ftr-471	1081	16	section	section	NOUN
ftr-471	1081	17	751(a	751(a	NUM
ftr-471	1081	18	)	)	PUNCT
ftr-471	1081	19	would	would	AUX
ftr-471	1081	20	apparently	apparently	ADV
ftr-471	1081	21	be	be	AUX
ftr-471	1081	22	limited	limit	VERB
ftr-471	1081	23	to	to	ADP
ftr-471	1081	24	$	$	SYM
ftr-471	1081	25	10	10	NUM
ftr-471	1081	26	,	,	PUNCT
ftr-471	1081	27	or	or	CCONJ
ftr-471	1081	28	$	$	SYM
ftr-471	1081	29	15	15	NUM
ftr-471	1081	30	less	less	ADJ
ftr-471	1081	31	than	than	ADP
ftr-471	1081	32	her	her	PRON
ftr-471	1081	33	$	$	SYM
ftr-471	1081	34	25	25	NUM
ftr-471	1081	35	share	share	NOUN
ftr-471	1081	36	of	of	ADP
ftr-471	1081	37	hot	hot	ADJ
ftr-471	1081	38	asset	asset	NOUN
ftr-471	1081	39	gain	gain	NOUN
ftr-471	1081	40	on	on	ADP
ftr-471	1081	41	sale	sale	NOUN
ftr-471	1081	42	of	of	ADP
ftr-471	1081	43	the	the	DET
ftr-471	1081	44	inventory	inventory	NOUN
ftr-471	1081	45	.	.	PUNCT
ftr-471	1082	1	to	to	PART
ftr-471	1082	2	eliminate	eliminate	VERB
ftr-471	1082	3	this	this	DET
ftr-471	1082	4	distortion	distortion	NOUN
ftr-471	1082	5	,	,	PUNCT
ftr-471	1082	6	c	c	PROPN
ftr-471	1082	7	should	should	AUX
ftr-471	1082	8	be	be	AUX
ftr-471	1082	9	required	require	VERB
ftr-471	1082	10	to	to	PART
ftr-471	1082	11	recognize	recognize	VERB
ftr-471	1082	12	$	$	SYM
ftr-471	1082	13	15	15	NUM
ftr-471	1082	14	of	of	ADP
ftr-471	1082	15	ordinary	ordinary	ADJ
ftr-471	1082	16	income	income	NOUN
ftr-471	1082	17	immediately	immediately	ADV
ftr-471	1082	18	,	,	PUNCT
ftr-471	1082	19	increasing	increase	VERB
ftr-471	1082	20	the	the	DET
ftr-471	1082	21	basis	basis	NOUN
ftr-471	1082	22	of	of	ADP
ftr-471	1082	23	her	her	PRON
ftr-471	1082	24	partnership	partnership	NOUN
ftr-471	1082	25	interest	interest	NOUN
ftr-471	1082	26	and	and	CCONJ
ftr-471	1082	27	the	the	DET
ftr-471	1082	28	partnership	partnership	NOUN
ftr-471	1082	29	's	's	PART
ftr-471	1082	30	basis	basis	NOUN
ftr-471	1082	31	in	in	ADP
ftr-471	1082	32	the	the	DET
ftr-471	1082	33	inventory	inventory	NOUN
ftr-471	1082	34	.	.	PUNCT
ftr-471	1083	1	if	if	SCONJ
ftr-471	1083	2	shifts	shift	NOUN
ftr-471	1083	3	in	in	ADP
ftr-471	1083	4	cold	cold	ADJ
ftr-471	1083	5	asset	asset	NOUN
ftr-471	1083	6	gain	gain	NOUN
ftr-471	1083	7	were	be	AUX
ftr-471	1083	8	treated	treat	VERB
ftr-471	1083	9	as	as	ADP
ftr-471	1083	10	taxable	taxable	ADJ
ftr-471	1083	11	,	,	PUNCT
ftr-471	1083	12	a	a	PRON
ftr-471	1083	13	and	and	CCONJ
ftr-471	1083	14	b	b	NOUN
ftr-471	1083	15	would	would	AUX
ftr-471	1083	16	each	each	PRON
ftr-471	1083	17	recognize	recognize	VERB
ftr-471	1083	18	their	their	PRON
ftr-471	1083	19	$	$	SYM
ftr-471	1083	20	25	25	NUM
ftr-471	1083	21	share	share	NOUN
ftr-471	1083	22	of	of	ADP
ftr-471	1083	23	appreciation	appreciation	NOUN
ftr-471	1083	24	in	in	ADP
ftr-471	1083	25	the	the	DET
ftr-471	1083	26	distributed	distribute	VERB
ftr-471	1083	27	securities	security	NOUN
ftr-471	1083	28	immediately	immediately	ADV
ftr-471	1083	29	.	.	PUNCT
ftr-471	1084	1	each	each	DET
ftr-471	1084	2	partner	partner	NOUN
ftr-471	1084	3	would	would	AUX
ftr-471	1084	4	increase	increase	VERB
ftr-471	1084	5	her	she	PRON
ftr-471	1084	6	outside	outside	ADJ
ftr-471	1084	7	basis	basis	NOUN
ftr-471	1084	8	to	to	PART
ftr-471	1084	9	reflect	reflect	VERB
ftr-471	1084	10	the	the	DET
ftr-471	1084	11	gain	gain	NOUN
ftr-471	1084	12	227	227	NUM
ftr-471	1084	13	.	.	PUNCT
ftr-471	1085	1	see	see	VERB
ftr-471	1085	2	mckee	mckee	PROPN
ftr-471	1085	3	et	et	PROPN
ftr-471	1085	4	al	al	PROPN
ftr-471	1085	5	.	.	PROPN
ftr-471	1085	6	,	,	PUNCT
ftr-471	1085	7	supra	supra	PROPN
ftr-471	1085	8	note	note	PROPN
ftr-471	1085	9	19	19	NUM
ftr-471	1085	10	,	,	PUNCT
ftr-471	1085	11	21.03[8	21.03[8	NUM
ftr-471	1085	12	]	]	PUNCT
ftr-471	1085	13	,	,	PUNCT
ftr-471	1085	14	at	at	ADP
ftr-471	1085	15	21	21	NUM
ftr-471	1085	16	-	-	SYM
ftr-471	1085	17	30	30	NUM
ftr-471	1085	18	to	to	PART
ftr-471	1085	19	21	21	NUM
ftr-471	1085	20	-	-	SYM
ftr-471	1085	21	31	31	NUM
ftr-471	1085	22	.	.	PUNCT
ftr-471	1086	1	228	228	NUM
ftr-471	1086	2	.	.	PUNCT
ftr-471	1087	1	under	under	ADP
ftr-471	1087	2	§	§	PROPN
ftr-471	1087	3	751(a	751(a	PROPN
ftr-471	1087	4	)	)	PUNCT
ftr-471	1087	5	,	,	PUNCT
ftr-471	1087	6	c	c	PROPN
ftr-471	1087	7	would	would	AUX
ftr-471	1087	8	apparently	apparently	ADV
ftr-471	1087	9	recognize	recognize	VERB
ftr-471	1087	10	a	a	DET
ftr-471	1087	11	capital	capital	NOUN
ftr-471	1087	12	loss	loss	NOUN
ftr-471	1087	13	of	of	ADP
ftr-471	1087	14	s35	s35	NOUN
ftr-471	1087	15	,	,	PUNCT
ftr-471	1087	16	the	the	DET
ftr-471	1087	17	excess	excess	NOUN
ftr-471	1087	18	of	of	ADP
ftr-471	1087	19	her	her	PRON
ftr-471	1087	20	outside	outside	ADJ
ftr-471	1087	21	basis	basis	NOUN
ftr-471	1087	22	(	(	PUNCT
ftr-471	1087	23	$	$	SYM
ftr-471	1087	24	35	35	NUM
ftr-471	1087	25	)	)	PUNCT
ftr-471	1087	26	over	over	ADP
ftr-471	1087	27	the	the	DET
ftr-471	1087	28	amount	amount	NOUN
ftr-471	1087	29	paid	pay	VERB
ftr-471	1087	30	for	for	ADP
ftr-471	1087	31	her	her	PRON
ftr-471	1087	32	share	share	NOUN
ftr-471	1087	33	of	of	ADP
ftr-471	1087	34	non-§	non-§	PROPN
ftr-471	1087	35	751	751	NUM
ftr-471	1087	36	assets	asset	NOUN
ftr-471	1087	37	(	(	PUNCT
ftr-471	1087	38	zero	zero	NUM
ftr-471	1087	39	)	)	PUNCT
ftr-471	1087	40	.	.	PUNCT
ftr-471	1088	1	see	see	VERB
ftr-471	1088	2	regs	reg	NOUN
ftr-471	1088	3	.	.	PUNCT
ftr-471	1089	1	§	§	PROPN
ftr-471	1089	2	1.751	1.751	NUM
ftr-471	1089	3	-	-	SYM
ftr-471	1089	4	1(a)(2	1(a)(2	NUM
ftr-471	1089	5	)	)	PUNCT
ftr-471	1089	6	.	.	PUNCT
ftr-471	1090	1	alternatively	alternatively	ADV
ftr-471	1090	2	,	,	PUNCT
ftr-471	1090	3	c	c	PROPN
ftr-471	1090	4	could	could	AUX
ftr-471	1090	5	be	be	AUX
ftr-471	1090	6	required	require	VERB
ftr-471	1090	7	to	to	PART
ftr-471	1090	8	recognize	recognize	VERB
ftr-471	1090	9	s25	s25	NOUN
ftr-471	1090	10	of	of	ADP
ftr-471	1090	11	ordinary	ordinary	ADJ
ftr-471	1090	12	income	income	NOUN
ftr-471	1090	13	and	and	CCONJ
ftr-471	1090	14	$	$	SYM
ftr-471	1090	15	50	50	NUM
ftr-471	1090	16	of	of	ADP
ftr-471	1090	17	capital	capital	NOUN
ftr-471	1090	18	loss	loss	NOUN
ftr-471	1090	19	on	on	ADP
ftr-471	1090	20	sale	sale	NOUN
ftr-471	1090	21	of	of	ADP
ftr-471	1090	22	her	her	PRON
ftr-471	1090	23	partnership	partnership	NOUN
ftr-471	1090	24	interest	interest	NOUN
ftr-471	1090	25	,	,	PUNCT
ftr-471	1090	26	preserving	preserve	VERB
ftr-471	1090	27	the	the	DET
ftr-471	1090	28	proper	proper	ADJ
ftr-471	1090	29	character	character	NOUN
ftr-471	1090	30	and	and	CCONJ
ftr-471	1090	31	overall	overall	ADJ
ftr-471	1090	32	amount	amount	NOUN
ftr-471	1090	33	of	of	ADP
ftr-471	1090	34	gain	gain	NOUN
ftr-471	1090	35	.	.	PUNCT
ftr-471	1091	1	see	see	VERB
ftr-471	1091	2	prop	prop	NOUN
ftr-471	1091	3	.	.	PUNCT
ftr-471	1092	1	regs	regs	PROPN
ftr-471	1092	2	.	.	PUNCT
ftr-471	1093	1	§	§	PROPN
ftr-471	1093	2	1.751	1.751	NUM
ftr-471	1093	3	-	-	SYM
ftr-471	1093	4	1(a)(2	1(a)(2	NUM
ftr-471	1093	5	)	)	PUNCT
ftr-471	1093	6	(	(	PUNCT
ftr-471	1093	7	apparently	apparently	ADV
ftr-471	1093	8	reaching	reach	VERB
ftr-471	1093	9	proposed	propose	VERB
ftr-471	1093	10	alternative	alternative	ADJ
ftr-471	1093	11	result	result	NOUN
ftr-471	1093	12	)	)	PUNCT
ftr-471	1093	13	.	.	PUNCT
ftr-471	1094	1	19981	19981	NUM
ftr-471	1094	2	florida	florida	PROPN
ftr-471	1094	3	tax	tax	NOUN
ftr-471	1094	4	review	review	NOUN
ftr-471	1094	5	recognized	recognize	VERB
ftr-471	1094	6	,	,	PUNCT
ftr-471	1094	7	and	and	CCONJ
ftr-471	1094	8	the	the	DET
ftr-471	1094	9	basis	basis	NOUN
ftr-471	1094	10	of	of	ADP
ftr-471	1094	11	the	the	DET
ftr-471	1094	12	securities	security	NOUN
ftr-471	1094	13	would	would	AUX
ftr-471	1094	14	be	be	AUX
ftr-471	1094	15	increased	increase	VERB
ftr-471	1094	16	immediately	immediately	ADV
ftr-471	1094	17	before	before	ADP
ftr-471	1094	18	the	the	DET
ftr-471	1094	19	distribution	distribution	NOUN
ftr-471	1094	20	.	.	PUNCT
ftr-471	1095	1	c	c	NOUN
ftr-471	1095	2	would	would	AUX
ftr-471	1095	3	take	take	VERB
ftr-471	1095	4	a	a	DET
ftr-471	1095	5	basis	basis	NOUN
ftr-471	1095	6	of	of	ADP
ftr-471	1095	7	$	$	SYM
ftr-471	1095	8	65	65	NUM
ftr-471	1095	9	in	in	ADP
ftr-471	1095	10	the	the	DET
ftr-471	1095	11	distributed	distribute	VERB
ftr-471	1095	12	securities	security	NOUN
ftr-471	1095	13	equal	equal	ADJ
ftr-471	1095	14	to	to	ADP
ftr-471	1095	15	their	their	PRON
ftr-471	1095	16	basis	basis	NOUN
ftr-471	1095	17	in	in	ADP
ftr-471	1095	18	the	the	DET
ftr-471	1095	19	partnership	partnership	NOUN
ftr-471	1095	20	's	's	PART
ftr-471	1095	21	hands	hand	NOUN
ftr-471	1095	22	(	(	PUNCT
ftr-471	1095	23	$	$	SYM
ftr-471	1095	24	15	15	NUM
ftr-471	1095	25	basis	basis	NOUN
ftr-471	1095	26	increased	increase	VERB
ftr-471	1095	27	by	by	ADP
ftr-471	1095	28	$	$	SYM
ftr-471	1095	29	50	50	NUM
ftr-471	1095	30	gain	gain	NOUN
ftr-471	1095	31	recognized	recognize	VERB
ftr-471	1095	32	)	)	PUNCT
ftr-471	1095	33	,	,	PUNCT
ftr-471	1095	34	and	and	CCONJ
ftr-471	1095	35	c	c	NOUN
ftr-471	1095	36	's	's	PART
ftr-471	1095	37	outside	outside	ADJ
ftr-471	1095	38	basis	basis	NOUN
ftr-471	1095	39	would	would	AUX
ftr-471	1095	40	be	be	AUX
ftr-471	1095	41	reduced	reduce	VERB
ftr-471	1095	42	to	to	ADP
ftr-471	1095	43	zero	zero	NUM
ftr-471	1095	44	(	(	PUNCT
ftr-471	1095	45	$	$	SYM
ftr-471	1095	46	50	50	NUM
ftr-471	1095	47	increased	increase	VERB
ftr-471	1095	48	by	by	ADP
ftr-471	1095	49	$	$	SYM
ftr-471	1095	50	15	15	NUM
ftr-471	1095	51	ordinary	ordinary	ADJ
ftr-471	1095	52	income	income	NOUN
ftr-471	1095	53	and	and	CCONJ
ftr-471	1095	54	decreased	decrease	VERB
ftr-471	1095	55	by	by	ADP
ftr-471	1095	56	$	$	SYM
ftr-471	1095	57	65	65	NUM
ftr-471	1095	58	basis	basis	NOUN
ftr-471	1095	59	of	of	ADP
ftr-471	1095	60	distributed	distribute	VERB
ftr-471	1095	61	securities	security	NOUN
ftr-471	1095	62	)	)	PUNCT
ftr-471	1095	63	.	.	PUNCT
ftr-471	1096	1	the	the	DET
ftr-471	1096	2	partnership	partnership	NOUN
ftr-471	1096	3	's	's	PART
ftr-471	1096	4	post	post	ADJ
ftr-471	1096	5	-	-	ADJ
ftr-471	1096	6	distribution	distribution	ADJ
ftr-471	1096	7	balance	balance	NOUN
ftr-471	1096	8	sheet	sheet	NOUN
ftr-471	1096	9	would	would	AUX
ftr-471	1096	10	be	be	AUX
ftr-471	1096	11	as	as	SCONJ
ftr-471	1096	12	follows	follow	VERB
ftr-471	1096	13	:	:	PUNCT
ftr-471	1096	14	assets	asset	NOUN
ftr-471	1096	15	basis	basis	NOUN
ftr-471	1096	16	value	value	NOUN
ftr-471	1096	17	capital	capital	NOUN
ftr-471	1096	18	basis	basis	NOUN
ftr-471	1096	19	value	value	NOUN
ftr-471	1096	20	cash	cash	VERB
ftr-471	1096	21	$	$	SYM
ftr-471	1096	22	60	60	NUM
ftr-471	1096	23	$	$	SYM
ftr-471	1096	24	60	60	NUM
ftr-471	1096	25	a	a	DET
ftr-471	1096	26	$	$	SYM
ftr-471	1096	27	75	75	NUM
ftr-471	1096	28	$	$	SYM
ftr-471	1096	29	100	100	NUM
ftr-471	1096	30	inventory	inventory	NOUN
ftr-471	1096	31	90	90	NUM
ftr-471	1096	32	150	150	NUM
ftr-471	1096	33	b	b	NOUN
ftr-471	1096	34	75	75	NUM
ftr-471	1096	35	100	100	NUM
ftr-471	1096	36	total	total	ADJ
ftr-471	1096	37	$	$	SYM
ftr-471	1096	38	150	150	NUM
ftr-471	1096	39	$	$	SYM
ftr-471	1096	40	210	210	NUM
ftr-471	1096	41	c	c	NOUN
ftr-471	1096	42	0	0	NUM
ftr-471	1096	43	10	10	NUM
ftr-471	1096	44	total	total	NOUN
ftr-471	1096	45	$	$	SYM
ftr-471	1096	46	150	150	NUM
ftr-471	1096	47	$	$	SYM
ftr-471	1096	48	210	210	NUM
ftr-471	1096	49	upon	upon	SCONJ
ftr-471	1096	50	a	a	DET
ftr-471	1096	51	sale	sale	NOUN
ftr-471	1096	52	of	of	ADP
ftr-471	1096	53	the	the	DET
ftr-471	1096	54	inventory	inventory	NOUN
ftr-471	1096	55	,	,	PUNCT
ftr-471	1096	56	the	the	DET
ftr-471	1096	57	ordinary	ordinary	ADJ
ftr-471	1096	58	income	income	NOUN
ftr-471	1096	59	would	would	AUX
ftr-471	1096	60	be	be	AUX
ftr-471	1096	61	allocated	allocate	VERB
ftr-471	1096	62	$	$	SYM
ftr-471	1096	63	50	50	NUM
ftr-471	1096	64	to	to	ADP
ftr-471	1096	65	a	a	PRON
ftr-471	1096	66	and	and	CCONJ
ftr-471	1096	67	b	b	NOUN
ftr-471	1096	68	(	(	PUNCT
ftr-471	1096	69	$	$	SYM
ftr-471	1096	70	25	25	NUM
ftr-471	1096	71	each	each	PRON
ftr-471	1096	72	)	)	PUNCT
ftr-471	1096	73	and	and	CCONJ
ftr-471	1096	74	$	$	SYM
ftr-471	1096	75	10	10	NUM
ftr-471	1096	76	to	to	ADP
ftr-471	1096	77	c.	c.	PROPN
ftr-471	1096	78	c	c	PROPN
ftr-471	1096	79	's	's	PART
ftr-471	1096	80	share	share	NOUN
ftr-471	1096	81	of	of	ADP
ftr-471	1096	82	cold	cold	ADJ
ftr-471	1096	83	asset	asset	NOUN
ftr-471	1096	84	appreciation	appreciation	NOUN
ftr-471	1096	85	(	(	PUNCT
ftr-471	1096	86	$	$	SYM
ftr-471	1096	87	25	25	NUM
ftr-471	1096	88	)	)	PUNCT
ftr-471	1096	89	would	would	AUX
ftr-471	1096	90	be	be	AUX
ftr-471	1096	91	preserved	preserve	VERB
ftr-471	1096	92	in	in	ADP
ftr-471	1096	93	the	the	DET
ftr-471	1096	94	distributed	distribute	VERB
ftr-471	1096	95	securities	security	NOUN
ftr-471	1096	96	.	.	PUNCT
ftr-471	1097	1	although	although	SCONJ
ftr-471	1097	2	the	the	DET
ftr-471	1097	3	1954	1954	NUM
ftr-471	1097	4	code	code	NOUN
ftr-471	1097	5	drafters	drafter	NOUN
ftr-471	1097	6	were	be	AUX
ftr-471	1097	7	apparently	apparently	ADV
ftr-471	1097	8	concerned	concern	VERB
ftr-471	1097	9	mainly	mainly	ADV
ftr-471	1097	10	with	with	ADP
ftr-471	1097	11	the	the	DET
ftr-471	1097	12	problem	problem	NOUN
ftr-471	1097	13	of	of	ADP
ftr-471	1097	14	shifting	shift	VERB
ftr-471	1097	15	ordinary	ordinary	ADJ
ftr-471	1097	16	income	income	NOUN
ftr-471	1097	17	and	and	CCONJ
ftr-471	1097	18	capital	capital	NOUN
ftr-471	1097	19	gain	gain	NOUN
ftr-471	1097	20	,	,	PUNCT
ftr-471	1097	21	cold	cold	ADJ
ftr-471	1097	22	asset	asset	NOUN
ftr-471	1097	23	exchanges	exchange	NOUN
ftr-471	1097	24	present	present	VERB
ftr-471	1097	25	a	a	DET
ftr-471	1097	26	related	related	ADJ
ftr-471	1097	27	problem	problem	NOUN
ftr-471	1097	28	of	of	ADP
ftr-471	1097	29	deferral	deferral	NOUN
ftr-471	1097	30	.	.	PUNCT
ftr-471	1098	1	since	since	SCONJ
ftr-471	1098	2	most	most	ADJ
ftr-471	1098	3	partnerships	partnership	NOUN
ftr-471	1098	4	are	be	AUX
ftr-471	1098	5	likely	likely	ADJ
ftr-471	1098	6	to	to	PART
ftr-471	1098	7	have	have	VERB
ftr-471	1098	8	some	some	DET
ftr-471	1098	9	section	section	NOUN
ftr-471	1098	10	751	751	NUM
ftr-471	1098	11	assets	asset	NOUN
ftr-471	1098	12	in	in	ADP
ftr-471	1098	13	any	any	DET
ftr-471	1098	14	event	event	NOUN
ftr-471	1098	15	,	,	PUNCT
ftr-471	1098	16	the	the	DET
ftr-471	1098	17	additional	additional	ADJ
ftr-471	1098	18	burden	burden	NOUN
ftr-471	1098	19	of	of	ADP
ftr-471	1098	20	determining	determine	VERB
ftr-471	1098	21	shifts	shift	NOUN
ftr-471	1098	22	in	in	ADP
ftr-471	1098	23	cold	cold	ADJ
ftr-471	1098	24	asset	asset	NOUN
ftr-471	1098	25	gain	gain	NOUN
ftr-471	1098	26	seems	seem	VERB
ftr-471	1098	27	quite	quite	ADV
ftr-471	1098	28	small	small	ADJ
ftr-471	1098	29	.	.	PUNCT
ftr-471	1099	1	of	of	ADP
ftr-471	1099	2	course	course	NOUN
ftr-471	1099	3	,	,	PUNCT
ftr-471	1099	4	the	the	DET
ftr-471	1099	5	distributing	distribute	VERB
ftr-471	1099	6	partnership	partnership	NOUN
ftr-471	1099	7	would	would	AUX
ftr-471	1099	8	be	be	AUX
ftr-471	1099	9	burdened	burden	VERB
ftr-471	1099	10	with	with	ADP
ftr-471	1099	11	the	the	DET
ftr-471	1099	12	need	need	NOUN
ftr-471	1099	13	for	for	ADP
ftr-471	1099	14	continuing	continue	VERB
ftr-471	1099	15	special	special	ADJ
ftr-471	1099	16	allocations	allocation	NOUN
ftr-471	1099	17	,	,	PUNCT
ftr-471	1099	18	but	but	CCONJ
ftr-471	1099	19	the	the	DET
ftr-471	1099	20	section	section	NOUN
ftr-471	1099	21	704(b	704(b	PROPN
ftr-471	1099	22	)	)	PUNCT
ftr-471	1099	23	regulations	regulation	NOUN
ftr-471	1099	24	already	already	ADV
ftr-471	1099	25	in	in	ADP
ftr-471	1099	26	effect	effect	NOUN
ftr-471	1099	27	require	require	VERB
ftr-471	1099	28	such	such	ADJ
ftr-471	1099	29	allocations	allocation	NOUN
ftr-471	1099	30	.	.	PUNCT
ftr-471	1100	1	nevertheless	nevertheless	ADV
ftr-471	1100	2	,	,	PUNCT
ftr-471	1100	3	the	the	DET
ftr-471	1100	4	complexity	complexity	NOUN
ftr-471	1100	5	of	of	ADP
ftr-471	1100	6	the	the	DET
ftr-471	1100	7	section	section	NOUN
ftr-471	1100	8	704(c	704(c	NOUN
ftr-471	1100	9	)	)	PUNCT
ftr-471	1100	10	approach	approach	NOUN
ftr-471	1100	11	may	may	AUX
ftr-471	1100	12	seem	seem	VERB
ftr-471	1100	13	daunting	daunt	VERB
ftr-471	1100	14	.	.	PUNCT
ftr-471	1101	1	indeed	indeed	ADV
ftr-471	1101	2	,	,	PUNCT
ftr-471	1101	3	if	if	SCONJ
ftr-471	1101	4	it	it	PRON
ftr-471	1101	5	were	be	AUX
ftr-471	1101	6	possible	possible	ADJ
ftr-471	1101	7	to	to	PART
ftr-471	1101	8	begin	begin	VERB
ftr-471	1101	9	with	with	ADP
ftr-471	1101	10	a	a	DET
ftr-471	1101	11	clean	clean	ADJ
ftr-471	1101	12	slate	slate	NOUN
ftr-471	1101	13	,	,	PUNCT
ftr-471	1101	14	the	the	DET
ftr-471	1101	15	andrews	andrews	PROPN
ftr-471	1101	16	proposals	proposal	NOUN
ftr-471	1101	17	would	would	AUX
ftr-471	1101	18	offer	offer	VERB
ftr-471	1101	19	a	a	DET
ftr-471	1101	20	much	much	ADV
ftr-471	1101	21	simpler	simple	ADJ
ftr-471	1101	22	means	mean	NOUN
ftr-471	1101	23	of	of	ADP
ftr-471	1101	24	reaching	reach	VERB
ftr-471	1101	25	essentially	essentially	ADV
ftr-471	1101	26	the	the	DET
ftr-471	1101	27	same	same	ADJ
ftr-471	1101	28	result	result	NOUN
ftr-471	1101	29	.	.	PUNCT
ftr-471	1102	1	while	while	SCONJ
ftr-471	1102	2	the	the	DET
ftr-471	1102	3	andrews	andrews	PROPN
ftr-471	1102	4	proposals	proposal	NOUN
ftr-471	1102	5	may	may	AUX
ftr-471	1102	6	be	be	AUX
ftr-471	1102	7	viewed	view	VERB
ftr-471	1102	8	as	as	ADP
ftr-471	1102	9	perfecting	perfect	VERB
ftr-471	1102	10	the	the	DET
ftr-471	1102	11	1954	1954	NUM
ftr-471	1102	12	model	model	NOUN
ftr-471	1102	13	of	of	ADP
ftr-471	1102	14	subchapter	subchapter	NOUN
ftr-471	1102	15	k	k	NOUN
ftr-471	1102	16	,	,	PUNCT
ftr-471	1102	17	they	they	PRON
ftr-471	1102	18	arguably	arguably	ADV
ftr-471	1102	19	fit	fit	VERB
ftr-471	1102	20	less	less	ADV
ftr-471	1102	21	comfortably	comfortably	ADV
ftr-471	1102	22	within	within	ADP
ftr-471	1102	23	the	the	DET
ftr-471	1102	24	current	current	ADJ
ftr-471	1102	25	framework	framework	NOUN
ftr-471	1102	26	.	.	PUNCT
ftr-471	1103	1	under	under	ADP
ftr-471	1103	2	the	the	DET
ftr-471	1103	3	section	section	NOUN
ftr-471	1103	4	704(b	704(b	PROPN
ftr-471	1103	5	)	)	PUNCT
ftr-471	1103	6	regulations	regulation	NOUN
ftr-471	1103	7	and	and	CCONJ
ftr-471	1103	8	recent	recent	ADJ
ftr-471	1103	9	statutory	statutory	ADJ
ftr-471	1103	10	amendments	amendment	NOUN
ftr-471	1103	11	,	,	PUNCT
ftr-471	1103	12	mandatory	mandatory	ADJ
ftr-471	1103	13	special	special	ADJ
ftr-471	1103	14	allocations	allocation	NOUN
ftr-471	1103	15	of	of	ADP
ftr-471	1103	16	gain	gain	NOUN
ftr-471	1103	17	(	(	PUNCT
ftr-471	1103	18	or	or	CCONJ
ftr-471	1103	19	loss	loss	NOUN
ftr-471	1103	20	)	)	PUNCT
ftr-471	1103	21	have	have	AUX
ftr-471	1103	22	become	become	VERB
ftr-471	1103	23	ubiquitous	ubiquitous	ADJ
ftr-471	1103	24	.	.	PUNCT
ftr-471	1104	1	while	while	SCONJ
ftr-471	1104	2	the	the	DET
ftr-471	1104	3	andrews	andrews	PROPN
ftr-471	1104	4	proposals	proposal	NOUN
ftr-471	1104	5	might	might	AUX
ftr-471	1104	6	provide	provide	VERB
ftr-471	1104	7	welcome	welcome	ADJ
ftr-471	1104	8	relief	relief	NOUN
ftr-471	1104	9	from	from	ADP
ftr-471	1104	10	the	the	DET
ftr-471	1104	11	complexity	complexity	NOUN
ftr-471	1104	12	of	of	ADP
ftr-471	1104	13	such	such	ADJ
ftr-471	1104	14	special	special	ADJ
ftr-471	1104	15	allocations	allocation	NOUN
ftr-471	1104	16	,	,	PUNCT
ftr-471	1104	17	they	they	PRON
ftr-471	1104	18	might	might	AUX
ftr-471	1104	19	also	also	ADV
ftr-471	1104	20	cause	cause	VERB
ftr-471	1104	21	some	some	DET
ftr-471	1104	22	unexpected	unexpected	ADJ
ftr-471	1104	23	problems	problem	NOUN
ftr-471	1104	24	.	.	PUNCT
ftr-471	1105	1	the	the	DET
ftr-471	1105	2	existing	exist	VERB
ftr-471	1105	3	regulations	regulation	NOUN
ftr-471	1105	4	provide	provide	VERB
ftr-471	1105	5	virtually	virtually	ADV
ftr-471	1105	6	no	no	DET
ftr-471	1105	7	guidance	guidance	NOUN
ftr-471	1105	8	concerning	concern	VERB
ftr-471	1105	9	the	the	DET
ftr-471	1105	10	interaction	interaction	NOUN
ftr-471	1105	11	among	among	ADP
ftr-471	1105	12	section	section	NOUN
ftr-471	1105	13	734(b	734(b	PROPN
ftr-471	1105	14	)	)	PUNCT
ftr-471	1105	15	adjustments	adjustment	NOUN
ftr-471	1105	16	,	,	PUNCT
ftr-471	1105	17	section	section	NOUN
ftr-471	1105	18	704(c	704(c	PROPN
ftr-471	1105	19	)	)	PUNCT
ftr-471	1105	20	allocations	allocation	NOUN
ftr-471	1105	21	and	and	CCONJ
ftr-471	1105	22	other	other	ADJ
ftr-471	1105	23	regulatory	regulatory	ADJ
ftr-471	1105	24	allocations.2	allocations.2	ADJ
ftr-471	1105	25	29	29	NUM
ftr-471	1105	26	partial	partial	ADJ
ftr-471	1105	27	-	-	PUNCT
ftr-471	1105	28	liquidation	liquidation	NOUN
ftr-471	1105	29	treatment	treatment	NOUN
ftr-471	1105	30	would	would	AUX
ftr-471	1105	31	increase	increase	VERB
ftr-471	1105	32	the	the	DET
ftr-471	1105	33	likelihood	likelihood	NOUN
ftr-471	1105	34	of	of	ADP
ftr-471	1105	35	mandatory	mandatory	ADJ
ftr-471	1105	36	basis	basis	NOUN
ftr-471	1105	37	adjustments	adjustment	NOUN
ftr-471	1105	38	among	among	ADP
ftr-471	1105	39	retained	retain	VERB
ftr-471	1105	40	and	and	CCONJ
ftr-471	1105	41	distributed	distribute	VERB
ftr-471	1105	42	assets	asset	NOUN
ftr-471	1105	43	.	.	PUNCT
ftr-471	1106	1	such	such	ADJ
ftr-471	1106	2	adjustments	adjustment	NOUN
ftr-471	1106	3	might	might	AUX
ftr-471	1106	4	provide	provide	VERB
ftr-471	1106	5	opportunities	opportunity	NOUN
ftr-471	1106	6	for	for	ADP
ftr-471	1106	7	inflating	inflate	VERB
ftr-471	1106	8	basis	basis	NOUN
ftr-471	1106	9	when	when	SCONJ
ftr-471	1106	10	low	low	ADJ
ftr-471	1106	11	-	-	PUNCT
ftr-471	1106	12	basis	basis	NOUN
ftr-471	1106	13	property	property	NOUN
ftr-471	1106	14	is	be	AUX
ftr-471	1106	15	distributed	distribute	VERB
ftr-471	1106	16	in	in	ADP
ftr-471	1106	17	partial	partial	ADJ
ftr-471	1106	18	liquidation	liquidation	NOUN
ftr-471	1106	19	of	of	ADP
ftr-471	1106	20	229	229	NUM
ftr-471	1106	21	.	.	PUNCT
ftr-471	1107	1	but	but	CCONJ
ftr-471	1107	2	see	see	VERB
ftr-471	1107	3	prop	prop	NOUN
ftr-471	1107	4	.	.	PUNCT
ftr-471	1108	1	regs	regs	PROPN
ftr-471	1108	2	.	.	PUNCT
ftr-471	1109	1	§	§	PROPN
ftr-471	1109	2	1.743	1.743	NUM
ftr-471	1109	3	-	-	SYM
ftr-471	1109	4	1(d	1(d	NUM
ftr-471	1109	5	)	)	PUNCT
ftr-471	1109	6	(	(	PUNCT
ftr-471	1109	7	coordinating	coordinate	VERB
ftr-471	1109	8	§	§	PROPN
ftr-471	1109	9	§	§	ADJ
ftr-471	1109	10	704(c	704(c	NOUN
ftr-471	1109	11	)	)	PUNCT
ftr-471	1109	12	and	and	CCONJ
ftr-471	1109	13	743(b	743(b	NUM
ftr-471	1109	14	)	)	PUNCT
ftr-471	1109	15	)	)	PUNCT
ftr-471	1109	16	.	.	PUNCT
ftr-471	1110	1	[	[	X
ftr-471	1110	2	vol	vol	NOUN
ftr-471	1110	3	3:12	3:12	NUM
ftr-471	1110	4	partnership	partnership	NOUN
ftr-471	1110	5	distributions	distribution	NOUN
ftr-471	1110	6	:	:	PUNCT
ftr-471	1110	7	options	option	NOUN
ftr-471	1110	8	for	for	ADP
ftr-471	1110	9	reformn	reformn	PROPN
ftr-471	1110	10	a	a	DET
ftr-471	1110	11	partner	partner	NOUN
ftr-471	1110	12	's	's	PART
ftr-471	1110	13	interest.230	interest.230	NOUN
ftr-471	1110	14	it	it	PRON
ftr-471	1110	15	might	might	AUX
ftr-471	1110	16	also	also	ADV
ftr-471	1110	17	be	be	AUX
ftr-471	1110	18	necessary	necessary	ADJ
ftr-471	1110	19	to	to	PART
ftr-471	1110	20	specify	specify	VERB
ftr-471	1110	21	when	when	SCONJ
ftr-471	1110	22	a	a	DET
ftr-471	1110	23	sale	sale	NOUN
ftr-471	1110	24	of	of	ADP
ftr-471	1110	25	distributed	distribute	VERB
ftr-471	1110	26	property	property	NOUN
ftr-471	1110	27	should	should	AUX
ftr-471	1110	28	be	be	AUX
ftr-471	1110	29	imputed	impute	VERB
ftr-471	1110	30	to	to	ADP
ftr-471	1110	31	the	the	DET
ftr-471	1110	32	partnership	partnership	NOUN
ftr-471	1110	33	.	.	PUNCT
ftr-471	1110	34	?	?	PUNCT
ftr-471	1110	35	'	'	PUNCT
ftr-471	1111	1	in	in	ADP
ftr-471	1111	2	the	the	DET
ftr-471	1111	3	absence	absence	NOUN
ftr-471	1111	4	of	of	ADP
ftr-471	1111	5	generous	generous	ADJ
ftr-471	1111	6	basis	basis	NOUN
ftr-471	1111	7	reallocation	reallocation	NOUN
ftr-471	1111	8	provisions	provision	NOUN
ftr-471	1111	9	to	to	PART
ftr-471	1111	10	permit	permit	VERB
ftr-471	1111	11	continued	continue	VERB
ftr-471	1111	12	deferral	deferral	ADJ
ftr-471	1111	13	,	,	PUNCT
ftr-471	1111	14	a	a	DET
ftr-471	1111	15	partial	partial	ADJ
ftr-471	1111	16	-	-	PUNCT
ftr-471	1111	17	liquidation	liquidation	NOUN
ftr-471	1111	18	rule	rule	NOUN
ftr-471	1111	19	would	would	AUX
ftr-471	1111	20	give	give	VERB
ftr-471	1111	21	rise	rise	NOUN
ftr-471	1111	22	to	to	ADP
ftr-471	1111	23	frequent	frequent	ADJ
ftr-471	1111	24	recognition	recognition	NOUN
ftr-471	1111	25	of	of	ADP
ftr-471	1111	26	gain	gain	NOUN
ftr-471	1111	27	(	(	PUNCT
ftr-471	1111	28	or	or	CCONJ
ftr-471	1111	29	loss	loss	NOUN
ftr-471	1111	30	)	)	PUNCT
ftr-471	1111	31	on	on	ADP
ftr-471	1111	32	distributions	distribution	NOUN
ftr-471	1111	33	.	.	PUNCT
ftr-471	1112	1	by	by	ADP
ftr-471	1112	2	contrast	contrast	NOUN
ftr-471	1112	3	,	,	PUNCT
ftr-471	1112	4	the	the	DET
ftr-471	1112	5	section	section	NOUN
ftr-471	1112	6	704(c	704(c	NOUN
ftr-471	1112	7	)	)	PUNCT
ftr-471	1112	8	approach	approach	NOUN
ftr-471	1112	9	would	would	AUX
ftr-471	1112	10	continue	continue	VERB
ftr-471	1112	11	to	to	PART
ftr-471	1112	12	treat	treat	VERB
ftr-471	1112	13	a	a	DET
ftr-471	1112	14	non	non	ADJ
ftr-471	1112	15	-	-	ADJ
ftr-471	1112	16	pro	pro	ADJ
ftr-471	1112	17	rata	rata	ADJ
ftr-471	1112	18	distribution	distribution	NOUN
ftr-471	1112	19	that	that	PRON
ftr-471	1112	20	reduces	reduce	VERB
ftr-471	1112	21	(	(	PUNCT
ftr-471	1112	22	but	but	CCONJ
ftr-471	1112	23	does	do	AUX
ftr-471	1112	24	not	not	PART
ftr-471	1112	25	eliminate	eliminate	VERB
ftr-471	1112	26	)	)	PUNCT
ftr-471	1112	27	a	a	DET
ftr-471	1112	28	partner	partner	NOUN
ftr-471	1112	29	's	's	PART
ftr-471	1112	30	interest	interest	NOUN
ftr-471	1112	31	as	as	ADP
ftr-471	1112	32	a	a	DET
ftr-471	1112	33	current	current	ADJ
ftr-471	1112	34	distribution	distribution	NOUN
ftr-471	1112	35	.	.	PUNCT
ftr-471	1113	1	since	since	SCONJ
ftr-471	1113	2	basis	basis	NOUN
ftr-471	1113	3	reallocation	reallocation	NOUN
ftr-471	1113	4	itself	itself	PRON
ftr-471	1113	5	may	may	AUX
ftr-471	1113	6	prove	prove	VERB
ftr-471	1113	7	troublesome	troublesome	ADJ
ftr-471	1113	8	,	,	PUNCT
ftr-471	1113	9	the	the	DET
ftr-471	1113	10	additional	additional	ADJ
ftr-471	1113	11	complexity	complexity	NOUN
ftr-471	1113	12	of	of	ADP
ftr-471	1113	13	the	the	DET
ftr-471	1113	14	section	section	NOUN
ftr-471	1113	15	704(c	704(c	NOUN
ftr-471	1113	16	)	)	PUNCT
ftr-471	1113	17	approach	approach	NOUN
ftr-471	1113	18	may	may	AUX
ftr-471	1113	19	be	be	AUX
ftr-471	1113	20	viewed	view	VERB
ftr-471	1113	21	as	as	ADP
ftr-471	1113	22	tolerable	tolerable	ADJ
ftr-471	1113	23	,	,	PUNCT
ftr-471	1113	24	particularly	particularly	ADV
ftr-471	1113	25	for	for	ADP
ftr-471	1113	26	sophisticated	sophisticated	ADJ
ftr-471	1113	27	partnerships	partnership	NOUN
ftr-471	1113	28	.	.	PUNCT
ftr-471	1114	1	if	if	SCONJ
ftr-471	1114	2	less	less	ADJ
ftr-471	1114	3	complex	complex	ADJ
ftr-471	1114	4	partnerships	partnership	NOUN
ftr-471	1114	5	wish	wish	VERB
ftr-471	1114	6	to	to	PART
ftr-471	1114	7	avoid	avoid	VERB
ftr-471	1114	8	a	a	DET
ftr-471	1114	9	revaluation	revaluation	NOUN
ftr-471	1114	10	and	and	CCONJ
ftr-471	1114	11	attendant	attendant	ADJ
ftr-471	1114	12	special	special	ADJ
ftr-471	1114	13	allocations	allocation	NOUN
ftr-471	1114	14	,	,	PUNCT
ftr-471	1114	15	however	however	ADV
ftr-471	1114	16	,	,	PUNCT
ftr-471	1114	17	the	the	DET
ftr-471	1114	18	andrews	andrews	PROPN
ftr-471	1114	19	proposals	proposal	NOUN
ftr-471	1114	20	may	may	AUX
ftr-471	1114	21	well	well	ADV
ftr-471	1114	22	provide	provide	VERB
ftr-471	1114	23	an	an	DET
ftr-471	1114	24	attractive	attractive	ADJ
ftr-471	1114	25	alternative	alternative	NOUN
ftr-471	1114	26	.	.	PUNCT
ftr-471	1115	1	thus	thus	ADV
ftr-471	1115	2	,	,	PUNCT
ftr-471	1115	3	mandatory	mandatory	ADJ
ftr-471	1115	4	book	book	NOUN
ftr-471	1115	5	-	-	PUNCT
ftr-471	1115	6	ups	up	NOUN
ftr-471	1115	7	could	could	AUX
ftr-471	1115	8	be	be	AUX
ftr-471	1115	9	required	require	VERB
ftr-471	1115	10	unless	unless	SCONJ
ftr-471	1115	11	the	the	DET
ftr-471	1115	12	partners	partner	NOUN
ftr-471	1115	13	agree	agree	VERB
ftr-471	1115	14	to	to	PART
ftr-471	1115	15	treat	treat	VERB
ftr-471	1115	16	a	a	DET
ftr-471	1115	17	non	non	ADJ
ftr-471	1115	18	-	-	ADJ
ftr-471	1115	19	pro	pro	ADJ
ftr-471	1115	20	rata	rata	ADJ
ftr-471	1115	21	distribution	distribution	NOUN
ftr-471	1115	22	as	as	ADP
ftr-471	1115	23	a	a	DET
ftr-471	1115	24	partial	partial	ADJ
ftr-471	1115	25	liquidation	liquidation	NOUN
ftr-471	1115	26	at	at	ADP
ftr-471	1115	27	both	both	CCONJ
ftr-471	1115	28	the	the	DET
ftr-471	1115	29	distributee	distributee	NOUN
ftr-471	1115	30	and	and	CCONJ
ftr-471	1115	31	partnership	partnership	NOUN
ftr-471	1115	32	levels	level	NOUN
ftr-471	1115	33	.	.	PUNCT
ftr-471	1116	1	c.	c.	NOUN
ftr-471	1116	2	expanding	expand	VERB
ftr-471	1116	3	the	the	DET
ftr-471	1116	4	section	section	NOUN
ftr-471	1116	5	704(c	704(c	NOUN
ftr-471	1116	6	)	)	PUNCT
ftr-471	1116	7	approach	approach	NOUN
ftr-471	1116	8	expanding	expand	VERB
ftr-471	1116	9	section	section	NOUN
ftr-471	1116	10	751(b)-type	751(b)-type	NOUN
ftr-471	1116	11	treatment	treatment	NOUN
ftr-471	1116	12	to	to	ADP
ftr-471	1116	13	cold	cold	ADJ
ftr-471	1116	14	asset	asset	NOUN
ftr-471	1116	15	shifts	shift	NOUN
ftr-471	1116	16	may	may	AUX
ftr-471	1116	17	seem	seem	VERB
ftr-471	1116	18	an	an	DET
ftr-471	1116	19	unjustified	unjustified	ADJ
ftr-471	1116	20	departure	departure	NOUN
ftr-471	1116	21	from	from	ADP
ftr-471	1116	22	the	the	DET
ftr-471	1116	23	general	general	ADJ
ftr-471	1116	24	nonrecognition	nonrecognition	NOUN
ftr-471	1116	25	rules	rule	NOUN
ftr-471	1116	26	of	of	ADP
ftr-471	1116	27	subchapter	subchapter	NOUN
ftr-471	1116	28	k.	k.	NOUN
ftr-471	1117	1	the	the	DET
ftr-471	1117	2	distribution	distribution	NOUN
ftr-471	1117	3	provisions	provision	NOUN
ftr-471	1117	4	are	be	AUX
ftr-471	1117	5	not	not	PART
ftr-471	1117	6	alone	alone	ADJ
ftr-471	1117	7	in	in	ADP
ftr-471	1117	8	permitting	permit	VERB
ftr-471	1117	9	temporary	temporary	ADJ
ftr-471	1117	10	deflection	deflection	NOUN
ftr-471	1117	11	of	of	ADP
ftr-471	1117	12	income	income	NOUN
ftr-471	1117	13	.	.	PUNCT
ftr-471	1117	14	'2	'2	PUNCT
ftr-471	1118	1	nevertheless	nevertheless	ADV
ftr-471	1118	2	,	,	PUNCT
ftr-471	1118	3	it	it	PRON
ftr-471	1118	4	is	be	AUX
ftr-471	1118	5	puzzling	puzzle	VERB
ftr-471	1118	6	why	why	SCONJ
ftr-471	1118	7	distributions	distribution	NOUN
ftr-471	1118	8	of	of	ADP
ftr-471	1118	9	nonsection	nonsection	NOUN
ftr-471	1118	10	751	751	NUM
ftr-471	1118	11	assets	asset	NOUN
ftr-471	1118	12	have	have	AUX
ftr-471	1118	13	remained	remain	VERB
ftr-471	1118	14	relatively	relatively	ADV
ftr-471	1118	15	immune	immune	ADJ
ftr-471	1118	16	to	to	ADP
ftr-471	1118	17	incomeshifting	incomeshifte	VERB
ftr-471	1118	18	concerns.23	concerns.23	ADV
ftr-471	1118	19	in	in	ADP
ftr-471	1118	20	connection	connection	NOUN
ftr-471	1118	21	with	with	ADP
ftr-471	1118	22	contributions	contribution	NOUN
ftr-471	1118	23	of	of	ADP
ftr-471	1118	24	partnership	partnership	NOUN
ftr-471	1118	25	property	property	NOUN
ftr-471	1118	26	,	,	PUNCT
ftr-471	1118	27	section	section	NOUN
ftr-471	1118	28	704(c	704(c	PROPN
ftr-471	1118	29	)	)	PUNCT
ftr-471	1118	30	applies	apply	VERB
ftr-471	1118	31	rigorous	rigorous	ADJ
ftr-471	1118	32	assignment	assignment	NOUN
ftr-471	1118	33	-	-	PUNCT
ftr-471	1118	34	of	of	ADP
ftr-471	1118	35	-	-	PUNCT
ftr-471	1118	36	income	income	NOUN
ftr-471	1118	37	principles	principle	NOUN
ftr-471	1118	38	to	to	PART
ftr-471	1118	39	prevent	prevent	VERB
ftr-471	1118	40	shifting	shift	VERB
ftr-471	1118	41	of	of	ADP
ftr-471	1118	42	built	build	VERB
ftr-471	1118	43	-	-	PUNCT
ftr-471	1118	44	in	in	ADP
ftr-471	1118	45	gain	gain	NOUN
ftr-471	1118	46	;	;	PUNCT
ftr-471	1118	47	similarly	similarly	ADV
ftr-471	1118	48	,	,	PUNCT
ftr-471	1118	49	reverse	reverse	NOUN
ftr-471	1118	50	-	-	PUNCT
ftr-471	1118	51	section	section	NOUN
ftr-471	1118	52	704(c	704(c	PROPN
ftr-471	1118	53	)	)	PUNCT
ftr-471	1118	54	allocations	allocation	NOUN
ftr-471	1118	55	prevent	prevent	VERB
ftr-471	1118	56	deflection	deflection	NOUN
ftr-471	1118	57	of	of	ADP
ftr-471	1118	58	unrealized	unrealized	ADJ
ftr-471	1118	59	appreciation	appreciation	NOUN
ftr-471	1118	60	in	in	ADP
ftr-471	1118	61	partnership	partnership	NOUN
ftr-471	1118	62	assets	asset	NOUN
ftr-471	1118	63	to	to	ADP
ftr-471	1118	64	a	a	DET
ftr-471	1118	65	newlyadmitted	newlyadmitted	ADJ
ftr-471	1118	66	partner	partner	NOUN
ftr-471	1118	67	.	.	PUNCT
ftr-471	1118	68	'	'	PUNCT
ftr-471	1119	1	the	the	DET
ftr-471	1119	2	core	core	NOUN
ftr-471	1119	3	notion	notion	NOUN
ftr-471	1119	4	of	of	ADP
ftr-471	1119	5	section	section	NOUN
ftr-471	1119	6	704(c	704(c	PROPN
ftr-471	1119	7	)	)	PUNCT
ftr-471	1119	8	is	be	AUX
ftr-471	1119	9	that	that	SCONJ
ftr-471	1119	10	a	a	DET
ftr-471	1119	11	contribution	contribution	NOUN
ftr-471	1119	12	of	of	ADP
ftr-471	1119	13	partnership	partnership	NOUN
ftr-471	1119	14	property	property	NOUN
ftr-471	1119	15	(	(	PUNCT
ftr-471	1119	16	or	or	CCONJ
ftr-471	1119	17	admission	admission	NOUN
ftr-471	1119	18	of	of	ADP
ftr-471	1119	19	a	a	DET
ftr-471	1119	20	new	new	ADJ
ftr-471	1119	21	partner	partner	NOUN
ftr-471	1119	22	)	)	PUNCT
ftr-471	1119	23	is	be	AUX
ftr-471	1119	24	an	an	DET
ftr-471	1119	25	economic	economic	ADJ
ftr-471	1119	26	230	230	NUM
ftr-471	1119	27	.	.	PUNCT
ftr-471	1120	1	see	see	PROPN
ftr-471	1120	2	andrews	andrews	PROPN
ftr-471	1120	3	,	,	PUNCT
ftr-471	1120	4	supra	supra	PROPN
ftr-471	1120	5	note	note	PROPN
ftr-471	1120	6	12	12	NUM
ftr-471	1120	7	,	,	PUNCT
ftr-471	1120	8	at	at	ADP
ftr-471	1120	9	66	66	NUM
ftr-471	1120	10	.	.	PUNCT
ftr-471	1120	11	231	231	NUM
ftr-471	1120	12	.	.	PUNCT
ftr-471	1121	1	see	see	VERB
ftr-471	1121	2	i	i	PRON
ftr-471	1121	3	d.	d.	PROPN
ftr-471	1121	4	;	;	PUNCT
ftr-471	1121	5	all	all	PRON
ftr-471	1121	6	,	,	PUNCT
ftr-471	1121	7	pass	pass	VERB
ftr-471	1121	8	-	-	PUNCT
ftr-471	1121	9	through	through	ADP
ftr-471	1121	10	entities	entity	NOUN
ftr-471	1121	11	,	,	PUNCT
ftr-471	1121	12	tentative	tentative	ADJ
ftr-471	1121	13	draft	draft	NOUN
ftr-471	1121	14	memorandum	memorandum	NOUN
ftr-471	1121	15	no	no	INTJ
ftr-471	1121	16	.	.	NOUN
ftr-471	1121	17	3	3	NUM
ftr-471	1121	18	,	,	PUNCT
ftr-471	1121	19	supra	supra	NOUN
ftr-471	1121	20	note	note	NOUN
ftr-471	1121	21	202	202	NUM
ftr-471	1121	22	,	,	PUNCT
ftr-471	1121	23	at	at	ADP
ftr-471	1121	24	57	57	NUM
ftr-471	1121	25	(	(	PUNCT
ftr-471	1121	26	andrews	andrews	PROPN
ftr-471	1121	27	proposals	proposal	NOUN
ftr-471	1121	28	might	might	AUX
ftr-471	1121	29	give	give	VERB
ftr-471	1121	30	rise	rise	NOUN
ftr-471	1121	31	to	to	ADP
ftr-471	1121	32	difficult	difficult	ADJ
ftr-471	1121	33	court	court	NOUN
ftr-471	1121	34	holding	holding	NOUN
ftr-471	1121	35	-	-	PUNCT
ftr-471	1121	36	type	type	NOUN
ftr-471	1121	37	analysis	analysis	NOUN
ftr-471	1121	38	)	)	PUNCT
ftr-471	1121	39	.	.	PUNCT
ftr-471	1122	1	232	232	X
ftr-471	1122	2	.	.	PUNCT
ftr-471	1123	1	for	for	ADP
ftr-471	1123	2	example	example	NOUN
ftr-471	1123	3	,	,	PUNCT
ftr-471	1123	4	the	the	DET
ftr-471	1123	5	substantial	substantial	ADJ
ftr-471	1123	6	economic	economic	ADJ
ftr-471	1123	7	effect	effect	NOUN
ftr-471	1123	8	regulations	regulation	NOUN
ftr-471	1123	9	generally	generally	ADV
ftr-471	1123	10	ignore	ignore	VERB
ftr-471	1123	11	timevalue	timevalue	NOUN
ftr-471	1123	12	-	-	PUNCT
ftr-471	1123	13	of	of	ADP
ftr-471	1123	14	-	-	PUNCT
ftr-471	1123	15	money	money	NOUN
ftr-471	1123	16	concerns	concern	NOUN
ftr-471	1123	17	and	and	CCONJ
ftr-471	1123	18	are	be	AUX
ftr-471	1123	19	likely	likely	ADJ
ftr-471	1123	20	to	to	PART
ftr-471	1123	21	invalidate	invalidate	VERB
ftr-471	1123	22	"	"	PUNCT
ftr-471	1123	23	shifting	shift	VERB
ftr-471	1123	24	"	"	PUNCT
ftr-471	1123	25	and	and	CCONJ
ftr-471	1123	26	"	"	PUNCT
ftr-471	1123	27	transitory	transitory	ADJ
ftr-471	1123	28	"	"	PUNCT
ftr-471	1123	29	allocations	allocation	NOUN
ftr-471	1123	30	only	only	ADV
ftr-471	1123	31	in	in	ADP
ftr-471	1123	32	situations	situation	NOUN
ftr-471	1123	33	in	in	ADP
ftr-471	1123	34	which	which	PRON
ftr-471	1123	35	tax	tax	NOUN
ftr-471	1123	36	-	-	PUNCT
ftr-471	1123	37	avoidance	avoidance	NOUN
ftr-471	1123	38	is	be	AUX
ftr-471	1123	39	the	the	DET
ftr-471	1123	40	dominant	dominant	ADJ
ftr-471	1123	41	motive	motive	NOUN
ftr-471	1123	42	.	.	PUNCT
ftr-471	1124	1	see	see	VERB
ftr-471	1124	2	regs	reg	NOUN
ftr-471	1124	3	.	.	PUNCT
ftr-471	1125	1	§	§	PROPN
ftr-471	1125	2	1.7041(b)(2)(iii)(b)-(c	1.7041(b)(2)(iii)(b)-(c	PROPN
ftr-471	1125	3	)	)	PUNCT
ftr-471	1125	4	;	;	PUNCT
ftr-471	1126	1	cf	cf	X
ftr-471	1126	2	.	.	PUNCT
ftr-471	1127	1	mark	mark	PROPN
ftr-471	1127	2	p.	p.	PROPN
ftr-471	1127	3	gergen	gergen	PROPN
ftr-471	1127	4	,	,	PUNCT
ftr-471	1127	5	reforming	reform	VERB
ftr-471	1127	6	subchapter	subchapter	NOUN
ftr-471	1127	7	k	k	NOUN
ftr-471	1127	8	:	:	PUNCT
ftr-471	1127	9	special	special	ADJ
ftr-471	1127	10	allocations	allocation	NOUN
ftr-471	1127	11	.	.	PUNCT
ftr-471	1128	1	46	46	NUM
ftr-471	1128	2	tax	tax	NOUN
ftr-471	1128	3	l.	l.	PROPN
ftr-471	1128	4	rev	rev	PROPN
ftr-471	1128	5	.	.	PROPN
ftr-471	1128	6	1	1	NUM
ftr-471	1128	7	,	,	PUNCT
ftr-471	1128	8	43	43	NUM
ftr-471	1128	9	(	(	PUNCT
ftr-471	1128	10	1990	1990	NUM
ftr-471	1128	11	)	)	PUNCT
ftr-471	1128	12	(	(	PUNCT
ftr-471	1128	13	proposing	propose	VERB
ftr-471	1128	14	elimination	elimination	NOUN
ftr-471	1128	15	of	of	ADP
ftr-471	1128	16	special	special	ADJ
ftr-471	1128	17	allocations	allocation	NOUN
ftr-471	1128	18	and	and	CCONJ
ftr-471	1128	19	apportionment	apportionment	NOUN
ftr-471	1128	20	of	of	ADP
ftr-471	1128	21	risks	risk	NOUN
ftr-471	1128	22	and	and	CCONJ
ftr-471	1128	23	rewards	reward	VERB
ftr-471	1128	24	solely	solely	ADV
ftr-471	1128	25	through	through	ADP
ftr-471	1128	26	extra	extra	ADJ
ftr-471	1128	27	-	-	ADJ
ftr-471	1128	28	partnership	partnership	ADJ
ftr-471	1128	29	contractual	contractual	ADJ
ftr-471	1128	30	arrangements	arrangement	NOUN
ftr-471	1128	31	)	)	PUNCT
ftr-471	1129	1	[	[	X
ftr-471	1129	2	hereinafter	hereinafter	NOUN
ftr-471	1129	3	gergen	gergen	NOUN
ftr-471	1129	4	,	,	PUNCT
ftr-471	1129	5	special	special	ADJ
ftr-471	1129	6	allocations	allocation	NOUN
ftr-471	1129	7	]	]	PUNCT
ftr-471	1129	8	.	.	PUNCT
ftr-471	1130	1	233	233	NUM
ftr-471	1130	2	.	.	PUNCT
ftr-471	1131	1	see	see	PROPN
ftr-471	1131	2	andrews	andrews	PROPN
ftr-471	1131	3	,	,	PUNCT
ftr-471	1131	4	supra	supra	PROPN
ftr-471	1131	5	note	note	PROPN
ftr-471	1131	6	12	12	NUM
ftr-471	1131	7	,	,	PUNCT
ftr-471	1131	8	at	at	ADP
ftr-471	1131	9	63	63	NUM
ftr-471	1131	10	;	;	PUNCT
ftr-471	1131	11	cunningham	cunningham	PROPN
ftr-471	1131	12	.	.	PUNCT
ftr-471	1132	1	supra	supra	PROPN
ftr-471	1132	2	note	note	PROPN
ftr-471	1132	3	12	12	NUM
ftr-471	1132	4	.	.	PUNCT
ftr-471	1133	1	at	at	ADP
ftr-471	1133	2	103	103	NUM
ftr-471	1133	3	(	(	PUNCT
ftr-471	1133	4	failure	failure	NOUN
ftr-471	1133	5	of	of	ADP
ftr-471	1133	6	the	the	DET
ftr-471	1133	7	statute	statute	NOUN
ftr-471	1133	8	and	and	CCONJ
ftr-471	1133	9	regulations	regulation	NOUN
ftr-471	1133	10	to	to	PART
ftr-471	1133	11	address	address	VERB
ftr-471	1133	12	book	book	NOUN
ftr-471	1133	13	-	-	PUNCT
ftr-471	1133	14	tax	tax	NOUN
ftr-471	1133	15	disparities	disparity	NOUN
ftr-471	1133	16	attributable	attributable	ADJ
ftr-471	1133	17	to	to	ADP
ftr-471	1133	18	distributed	distribute	VERB
ftr-471	1133	19	property	property	NOUN
ftr-471	1133	20	)	)	PUNCT
ftr-471	1133	21	;	;	PUNCT
ftr-471	1133	22	cf	cf	X
ftr-471	1133	23	.	.	PUNCT
ftr-471	1134	1	supra	supra	PROPN
ftr-471	1134	2	notes	note	VERB
ftr-471	1134	3	140	140	NUM
ftr-471	1134	4	-	-	SYM
ftr-471	1134	5	53	53	NUM
ftr-471	1134	6	and	and	CCONJ
ftr-471	1134	7	accompanying	accompany	VERB
ftr-471	1134	8	text	text	NOUN
ftr-471	1134	9	.	.	PUNCT
ftr-471	1135	1	234	234	NUM
ftr-471	1135	2	.	.	PUNCT
ftr-471	1135	3	see	see	VERB
ftr-471	1135	4	john	john	PROPN
ftr-471	1135	5	p.	p.	PROPN
ftr-471	1135	6	steines	steine	NOUN
ftr-471	1135	7	,	,	PUNCT
ftr-471	1135	8	jr	jr	PROPN
ftr-471	1135	9	.	.	PROPN
ftr-471	1135	10	,	,	PUNCT
ftr-471	1135	11	partnership	partnership	NOUN
ftr-471	1135	12	allocations	allocation	NOUN
ftr-471	1135	13	of	of	ADP
ftr-471	1135	14	built	build	VERB
ftr-471	1135	15	-	-	PUNCT
ftr-471	1135	16	in	in	ADP
ftr-471	1135	17	gain	gain	NOUN
ftr-471	1135	18	or	or	CCONJ
ftr-471	1135	19	loss	loss	NOUN
ftr-471	1135	20	.	.	PUNCT
ftr-471	1136	1	45	45	NUM
ftr-471	1136	2	tax	tax	NOUN
ftr-471	1136	3	l.	l.	PROPN
ftr-471	1136	4	rev	rev	PROPN
ftr-471	1136	5	.	.	PROPN
ftr-471	1136	6	615	615	NUM
ftr-471	1136	7	,	,	PUNCT
ftr-471	1136	8	615	615	NUM
ftr-471	1136	9	(	(	PUNCT
ftr-471	1136	10	1990	1990	NUM
ftr-471	1136	11	)	)	PUNCT
ftr-471	1137	1	[	[	X
ftr-471	1137	2	hereinafter	hereinafter	NOUN
ftr-471	1137	3	steines	steine	NOUN
ftr-471	1137	4	,	,	PUNCT
ftr-471	1137	5	partnership	partnership	NOUN
ftr-471	1137	6	allocations	allocation	NOUN
ftr-471	1137	7	)	)	PUNCT
ftr-471	1137	8	.	.	PUNCT
ftr-471	1138	1	19981	19981	NUM
ftr-471	1138	2	florida	florida	PROPN
ftr-471	1138	3	tax	tax	PROPN
ftr-471	1138	4	review	review	NOUN
ftr-471	1138	5	exchange	exchange	NOUN
ftr-471	1138	6	,	,	PUNCT
ftr-471	1138	7	even	even	ADV
ftr-471	1138	8	though	though	SCONJ
ftr-471	1138	9	gain	gain	NOUN
ftr-471	1138	10	is	be	AUX
ftr-471	1138	11	deferred	defer	VERB
ftr-471	1138	12	under	under	ADP
ftr-471	1138	13	section	section	NOUN
ftr-471	1138	14	721	721	NUM
ftr-471	1138	15	.235	.235	NUM
ftr-471	1138	16	thus	thus	ADV
ftr-471	1138	17	,	,	PUNCT
ftr-471	1138	18	section	section	NOUN
ftr-471	1138	19	704(c	704(c	PROPN
ftr-471	1138	20	)	)	PUNCT
ftr-471	1138	21	may	may	AUX
ftr-471	1138	22	be	be	AUX
ftr-471	1138	23	viewed	view	VERB
ftr-471	1138	24	as	as	ADP
ftr-471	1138	25	"	"	PUNCT
ftr-471	1138	26	vindicating	vindicate	VERB
ftr-471	1138	27	"	"	PUNCT
ftr-471	1138	28	the	the	DET
ftr-471	1138	29	nonrecognition	nonrecognition	NOUN
ftr-471	1138	30	policy	policy	NOUN
ftr-471	1138	31	of	of	ADP
ftr-471	1138	32	section	section	NOUN
ftr-471	1138	33	721	721	NUM
ftr-471	1138	34	by	by	ADP
ftr-471	1138	35	ensuring	ensure	VERB
ftr-471	1138	36	that	that	SCONJ
ftr-471	1138	37	the	the	DET
ftr-471	1138	38	deferred	deferred	ADJ
ftr-471	1138	39	gain	gain	NOUN
ftr-471	1138	40	is	be	AUX
ftr-471	1138	41	eventually	eventually	ADV
ftr-471	1138	42	taxed	tax	VERB
ftr-471	1138	43	to	to	ADP
ftr-471	1138	44	the	the	DET
ftr-471	1138	45	partner	partner	NOUN
ftr-471	1138	46	to	to	PART
ftr-471	1138	47	whom	whom	PRON
ftr-471	1138	48	such	such	ADJ
ftr-471	1138	49	gain	gain	NOUN
ftr-471	1138	50	was	be	AUX
ftr-471	1138	51	originally	originally	ADV
ftr-471	1138	52	attributable	attributable	ADJ
ftr-471	1138	53	.	.	PUNCT
ftr-471	1139	1	while	while	SCONJ
ftr-471	1139	2	simple	simple	ADJ
ftr-471	1139	3	in	in	ADP
ftr-471	1139	4	concept	concept	NOUN
ftr-471	1139	5	,	,	PUNCT
ftr-471	1139	6	section	section	NOUN
ftr-471	1139	7	704(c	704(c	PROPN
ftr-471	1139	8	)	)	PUNCT
ftr-471	1139	9	surely	surely	ADV
ftr-471	1139	10	rivals	rival	VERB
ftr-471	1139	11	section	section	NOUN
ftr-471	1139	12	751(b	751(b	PROPN
ftr-471	1139	13	)	)	PUNCT
ftr-471	1139	14	in	in	ADP
ftr-471	1139	15	the	the	DET
ftr-471	1139	16	complexity	complexity	NOUN
ftr-471	1139	17	of	of	ADP
ftr-471	1139	18	its	its	PRON
ftr-471	1139	19	operation	operation	NOUN
ftr-471	1139	20	.	.	PUNCT
ftr-471	1140	1	simultaneously	simultaneously	ADV
ftr-471	1140	2	,	,	PUNCT
ftr-471	1140	3	concern	concern	NOUN
ftr-471	1140	4	that	that	SCONJ
ftr-471	1140	5	section	section	NOUN
ftr-471	1140	6	704(c	704(c	PROPN
ftr-471	1140	7	)	)	PUNCT
ftr-471	1140	8	lacks	lack	VERB
ftr-471	1140	9	adequate	adequate	ADJ
ftr-471	1140	10	"	"	PUNCT
ftr-471	1140	11	triggers	trigger	NOUN
ftr-471	1140	12	"	"	PUNCT
ftr-471	1140	13	has	have	AUX
ftr-471	1140	14	led	lead	VERB
ftr-471	1140	15	congress	congress	PROPN
ftr-471	1140	16	to	to	PART
ftr-471	1140	17	expand	expand	VERB
ftr-471	1140	18	the	the	DET
ftr-471	1140	19	types	type	NOUN
ftr-471	1140	20	of	of	ADP
ftr-471	1140	21	transactions	transaction	NOUN
ftr-471	1140	22	that	that	PRON
ftr-471	1140	23	trigger	trigger	NOUN
ftr-471	1140	24	recognition	recognition	NOUN
ftr-471	1140	25	of	of	ADP
ftr-471	1140	26	built	build	VERB
ftr-471	1140	27	-	-	PUNCT
ftr-471	1140	28	in	in	ADP
ftr-471	1140	29	gainy6	gainy6	NOUN
ftr-471	1140	30	others	other	NOUN
ftr-471	1140	31	have	have	AUX
ftr-471	1140	32	maintained	maintain	VERB
ftr-471	1140	33	that	that	SCONJ
ftr-471	1140	34	efforts	effort	NOUN
ftr-471	1140	35	to	to	PART
ftr-471	1140	36	expand	expand	VERB
ftr-471	1140	37	section	section	NOUN
ftr-471	1140	38	704(c	704(c	PROPN
ftr-471	1140	39	)	)	PUNCT
ftr-471	1140	40	principles	principle	NOUN
ftr-471	1140	41	may	may	AUX
ftr-471	1140	42	pose	pose	VERB
ftr-471	1140	43	an	an	DET
ftr-471	1140	44	implicit	implicit	ADJ
ftr-471	1140	45	challenge	challenge	NOUN
ftr-471	1140	46	to	to	ADP
ftr-471	1140	47	the	the	DET
ftr-471	1140	48	fundamental	fundamental	ADJ
ftr-471	1140	49	nonrecognition	nonrecognition	NOUN
ftr-471	1140	50	policies	policy	NOUN
ftr-471	1140	51	of	of	ADP
ftr-471	1140	52	section	section	NOUN
ftr-471	1140	53	721	721	NUM
ftr-471	1140	54	and	and	CCONJ
ftr-471	1140	55	731	731	NUM
ftr-471	1140	56	,	,	PUNCT
ftr-471	1140	57	since	since	SCONJ
ftr-471	1140	58	all	all	DET
ftr-471	1140	59	contributions	contribution	NOUN
ftr-471	1140	60	and	and	CCONJ
ftr-471	1140	61	distributions	distribution	NOUN
ftr-471	1140	62	in	in	ADP
ftr-471	1140	63	effect	effect	NOUN
ftr-471	1140	64	represent	represent	VERB
ftr-471	1140	65	economic	economic	ADJ
ftr-471	1140	66	exchanges	exchange	NOUN
ftr-471	1140	67	.	.	PUNCT
ftr-471	1141	1	27	27	NUM
ftr-471	1141	2	nonrecognition	nonrecognition	NOUN
ftr-471	1141	3	treatment	treatment	NOUN
ftr-471	1141	4	upon	upon	SCONJ
ftr-471	1141	5	partnership	partnership	NOUN
ftr-471	1141	6	formation	formation	NOUN
ftr-471	1141	7	adds	add	VERB
ftr-471	1141	8	to	to	ADP
ftr-471	1141	9	the	the	DET
ftr-471	1141	10	complexity	complexity	NOUN
ftr-471	1141	11	of	of	ADP
ftr-471	1141	12	subchapter	subchapter	NOUN
ftr-471	1141	13	k	k	PROPN
ftr-471	1142	1	because	because	SCONJ
ftr-471	1142	2	of	of	ADP
ftr-471	1142	3	the	the	DET
ftr-471	1142	4	need	need	NOUN
ftr-471	1142	5	to	to	PART
ftr-471	1142	6	trace	trace	VERB
ftr-471	1142	7	contributed	contribute	VERB
ftr-471	1142	8	property	property	NOUN
ftr-471	1142	9	.	.	PUNCT
ftr-471	1143	1	similarly	similarly	ADV
ftr-471	1143	2	,	,	PUNCT
ftr-471	1143	3	nonrecognition	nonrecognition	NOUN
ftr-471	1143	4	treatment	treatment	NOUN
ftr-471	1143	5	for	for	ADP
ftr-471	1143	6	partnership	partnership	NOUN
ftr-471	1143	7	distributions	distribution	NOUN
ftr-471	1143	8	requires	require	VERB
ftr-471	1143	9	elaborate	elaborate	ADJ
ftr-471	1143	10	rules	rule	NOUN
ftr-471	1143	11	to	to	PART
ftr-471	1143	12	safeguard	safeguard	VERB
ftr-471	1143	13	against	against	ADP
ftr-471	1143	14	impermissible	impermissible	ADJ
ftr-471	1143	15	shifting	shifting	NOUN
ftr-471	1143	16	of	of	ADP
ftr-471	1143	17	unrealized	unrealized	ADJ
ftr-471	1143	18	appreciation	appreciation	NOUN
ftr-471	1143	19	.	.	PUNCT
ftr-471	1144	1	extending	extend	VERB
ftr-471	1144	2	section	section	NOUN
ftr-471	1144	3	751(b)type	751(b)type	NUM
ftr-471	1144	4	treatment	treatment	NOUN
ftr-471	1144	5	to	to	ADP
ftr-471	1144	6	cold	cold	ADJ
ftr-471	1144	7	asset	asset	NOUN
ftr-471	1144	8	shifts	shift	NOUN
ftr-471	1144	9	represents	represent	VERB
ftr-471	1144	10	an	an	DET
ftr-471	1144	11	attempt	attempt	NOUN
ftr-471	1144	12	to	to	PART
ftr-471	1144	13	strike	strike	VERB
ftr-471	1144	14	a	a	DET
ftr-471	1144	15	balance	balance	NOUN
ftr-471	1144	16	between	between	ADP
ftr-471	1144	17	preserving	preserve	VERB
ftr-471	1144	18	the	the	DET
ftr-471	1144	19	general	general	ADJ
ftr-471	1144	20	nonrecognition	nonrecognition	NOUN
ftr-471	1144	21	rules	rule	NOUN
ftr-471	1144	22	of	of	ADP
ftr-471	1144	23	subchapter	subchapter	NOUN
ftr-471	1144	24	k	k	PROPN
ftr-471	1144	25	and	and	CCONJ
ftr-471	1144	26	curbing	curb	VERB
ftr-471	1144	27	excessive	excessive	ADJ
ftr-471	1144	28	deferral	deferral	NOUN
ftr-471	1144	29	of	of	ADP
ftr-471	1144	30	gain	gain	NOUN
ftr-471	1144	31	.	.	PUNCT
ftr-471	1145	1	some	some	PRON
ftr-471	1145	2	may	may	AUX
ftr-471	1145	3	view	view	VERB
ftr-471	1145	4	such	such	ADJ
ftr-471	1145	5	changes	change	NOUN
ftr-471	1145	6	as	as	ADP
ftr-471	1145	7	unnecessary	unnecessary	ADJ
ftr-471	1145	8	or	or	CCONJ
ftr-471	1145	9	even	even	ADV
ftr-471	1145	10	counter	counter	ADJ
ftr-471	1145	11	to	to	ADP
ftr-471	1145	12	the	the	DET
ftr-471	1145	13	"	"	PUNCT
ftr-471	1145	14	fundamental	fundamental	ADJ
ftr-471	1145	15	premises	premise	NOUN
ftr-471	1145	16	"	"	PUNCT
ftr-471	1145	17	of	of	ADP
ftr-471	1145	18	subchapter	subchapter	NOUN
ftr-471	1145	19	k.238	k.238	NOUN
ftr-471	1145	20	by	by	ADP
ftr-471	1145	21	contrast	contrast	NOUN
ftr-471	1145	22	,	,	PUNCT
ftr-471	1145	23	other	other	ADJ
ftr-471	1145	24	critics	critic	NOUN
ftr-471	1145	25	may	may	AUX
ftr-471	1145	26	insist	insist	VERB
ftr-471	1145	27	that	that	SCONJ
ftr-471	1145	28	stronger	strong	ADJ
ftr-471	1145	29	measures	measure	NOUN
ftr-471	1145	30	are	be	AUX
ftr-471	1145	31	needed	need	VERB
ftr-471	1145	32	to	to	PART
ftr-471	1145	33	prevent	prevent	VERB
ftr-471	1145	34	unwarranted	unwarranted	ADJ
ftr-471	1145	35	opportunities	opportunity	NOUN
ftr-471	1145	36	for	for	ADP
ftr-471	1145	37	deferral	deferral	ADJ
ftr-471	1145	38	that	that	PRON
ftr-471	1145	39	can	can	AUX
ftr-471	1145	40	not	not	PART
ftr-471	1145	41	be	be	AUX
ftr-471	1145	42	easily	easily	ADV
ftr-471	1145	43	duplicated	duplicate	VERB
ftr-471	1145	44	outside	outside	ADJ
ftr-471	1145	45	subchapter	subchapter	NOUN
ftr-471	1145	46	k.23	k.23	PROPN
ftr-471	1145	47	9	9	NUM
ftr-471	1145	48	thus	thus	ADV
ftr-471	1145	49	,	,	PUNCT
ftr-471	1145	50	defenders	defender	NOUN
ftr-471	1145	51	of	of	ADP
ftr-471	1145	52	subchapter	subchapter	NOUN
ftr-471	1145	53	k	k	PROPN
ftr-471	1145	54	's	's	PART
ftr-471	1145	55	broader	broad	ADJ
ftr-471	1145	56	nonrecognition	nonrecognition	NOUN
ftr-471	1145	57	policy	policy	NOUN
ftr-471	1145	58	may	may	AUX
ftr-471	1145	59	bear	bear	VERB
ftr-471	1145	60	a	a	DET
ftr-471	1145	61	heavy	heavy	ADJ
ftr-471	1145	62	burden	burden	NOUN
ftr-471	1145	63	of	of	ADP
ftr-471	1145	64	persuasion	persuasion	NOUN
ftr-471	1145	65	.	.	PUNCT
ftr-471	1146	1	235	235	NUM
ftr-471	1146	2	.	.	PUNCT
ftr-471	1146	3	see	see	VERB
ftr-471	1146	4	i	i	PRON
ftr-471	1146	5	d.	d.	PROPN
ftr-471	1146	6	at	at	ADP
ftr-471	1146	7	638	638	NUM
ftr-471	1146	8	.	.	PUNCT
ftr-471	1147	1	236	236	NUM
ftr-471	1147	2	.	.	PUNCT
ftr-471	1148	1	see	see	VERB
ftr-471	1148	2	irc	irc	PROPN
ftr-471	1148	3	§	§	PROPN
ftr-471	1148	4	§	§	PROPN
ftr-471	1148	5	704(c)(1)(b	704(c)(1)(b	PROPN
ftr-471	1148	6	)	)	PUNCT
ftr-471	1148	7	,	,	PUNCT
ftr-471	1148	8	737	737	X
ftr-471	1148	9	.	.	PUNCT
ftr-471	1149	1	moreover	moreover	ADV
ftr-471	1149	2	,	,	PUNCT
ftr-471	1149	3	"	"	PUNCT
ftr-471	1149	4	ceiling	ceiling	NOUN
ftr-471	1149	5	-	-	PUNCT
ftr-471	1149	6	rule	rule	NOUN
ftr-471	1149	7	"	"	PUNCT
ftr-471	1149	8	shifts	shift	NOUN
ftr-471	1149	9	may	may	AUX
ftr-471	1149	10	prevent	prevent	VERB
ftr-471	1149	11	built	build	VERB
ftr-471	1149	12	-	-	PUNCT
ftr-471	1149	13	in	in	ADP
ftr-471	1149	14	gain	gain	NOUN
ftr-471	1149	15	from	from	ADP
ftr-471	1149	16	being	be	AUX
ftr-471	1149	17	fully	fully	ADV
ftr-471	1149	18	taxed	tax	VERB
ftr-471	1149	19	to	to	ADP
ftr-471	1149	20	the	the	DET
ftr-471	1149	21	partner	partner	NOUN
ftr-471	1149	22	responsible	responsible	ADJ
ftr-471	1149	23	for	for	ADP
ftr-471	1149	24	§	§	PROPN
ftr-471	1149	25	704(c	704(c	PROPN
ftr-471	1149	26	)	)	PUNCT
ftr-471	1149	27	(	(	PUNCT
ftr-471	1149	28	or	or	CCONJ
ftr-471	1149	29	reverse§	reverse§	NOUN
ftr-471	1149	30	704(c	704(c	NOUN
ftr-471	1149	31	)	)	PUNCT
ftr-471	1149	32	)	)	PUNCT
ftr-471	1149	33	property	property	NOUN
ftr-471	1149	34	.	.	PUNCT
ftr-471	1150	1	see	see	VERB
ftr-471	1150	2	laura	laura	PROPN
ftr-471	1150	3	cunningham	cunningham	PROPN
ftr-471	1150	4	,	,	PUNCT
ftr-471	1150	5	use	use	NOUN
ftr-471	1150	6	and	and	CCONJ
ftr-471	1150	7	abuse	abuse	NOUN
ftr-471	1150	8	of	of	ADP
ftr-471	1150	9	section	section	NOUN
ftr-471	1150	10	704(c	704(c	PROPN
ftr-471	1150	11	)	)	PUNCT
ftr-471	1150	12	,	,	PUNCT
ftr-471	1150	13	3	3	NUM
ftr-471	1150	14	fla	fla	NOUN
ftr-471	1150	15	.	.	PUNCT
ftr-471	1151	1	tax	tax	PROPN
ftr-471	1151	2	rev	rev	PROPN
ftr-471	1151	3	.	.	PROPN
ftr-471	1151	4	93	93	NUM
ftr-471	1151	5	,	,	PUNCT
ftr-471	1151	6	115	115	NUM
ftr-471	1151	7	-	-	SYM
ftr-471	1151	8	17	17	NUM
ftr-471	1151	9	(	(	PUNCT
ftr-471	1151	10	1996	1996	NUM
ftr-471	1151	11	)	)	PUNCT
ftr-471	1151	12	;	;	PUNCT
ftr-471	1152	1	cf	cf	X
ftr-471	1152	2	.	.	PUNCT
ftr-471	1152	3	regs	regs	PROPN
ftr-471	1152	4	.	.	PUNCT
ftr-471	1153	1	§	§	PROPN
ftr-471	1153	2	1.704	1.704	NUM
ftr-471	1153	3	-	-	SYM
ftr-471	1153	4	3(a)(10	3(a)(10	NUM
ftr-471	1153	5	)	)	PUNCT
ftr-471	1153	6	(	(	PUNCT
ftr-471	1153	7	anti	anti	ADJ
ftr-471	1153	8	-	-	ADJ
ftr-471	1153	9	abuse	abuse	ADJ
ftr-471	1153	10	rule	rule	NOUN
ftr-471	1153	11	)	)	PUNCT
ftr-471	1153	12	.	.	PUNCT
ftr-471	1154	1	237	237	NUM
ftr-471	1154	2	.	.	PUNCT
ftr-471	1155	1	see	see	VERB
ftr-471	1155	2	steines	steine	NOUN
ftr-471	1155	3	,	,	PUNCT
ftr-471	1155	4	partnership	partnership	NOUN
ftr-471	1155	5	allocations	allocation	NOUN
ftr-471	1155	6	,	,	PUNCT
ftr-471	1155	7	supra	supra	PROPN
ftr-471	1155	8	note	note	NOUN
ftr-471	1155	9	234	234	NUM
ftr-471	1155	10	,	,	PUNCT
ftr-471	1155	11	at	at	ADP
ftr-471	1155	12	655	655	NUM
ftr-471	1155	13	(	(	PUNCT
ftr-471	1155	14	"	"	PUNCT
ftr-471	1155	15	section	section	NOUN
ftr-471	1155	16	704(c	704(c	NOUN
ftr-471	1155	17	)	)	PUNCT
ftr-471	1155	18	reform	reform	NOUN
ftr-471	1155	19	has	have	AUX
ftr-471	1155	20	unwittingly	unwittingly	ADV
ftr-471	1155	21	become	become	VERB
ftr-471	1155	22	a	a	DET
ftr-471	1155	23	subterfuge	subterfuge	NOUN
ftr-471	1155	24	for	for	ADP
ftr-471	1155	25	challenging	challenge	VERB
ftr-471	1155	26	the	the	DET
ftr-471	1155	27	most	most	ADV
ftr-471	1155	28	basic	basic	ADJ
ftr-471	1155	29	rules	rule	NOUN
ftr-471	1155	30	of	of	ADP
ftr-471	1155	31	subchapter	subchapter	NOUN
ftr-471	1155	32	k	k	PROPN
ftr-471	1155	33	....	....	PUNCT
ftr-471	1155	34	)	)	PUNCT
ftr-471	1155	35	;	;	PUNCT
ftr-471	1155	36	see	see	VERB
ftr-471	1155	37	also	also	ADV
ftr-471	1155	38	i	i	PROPN
ftr-471	1155	39	d.	d.	PROPN
ftr-471	1155	40	at	at	ADP
ftr-471	1155	41	616	616	NUM
ftr-471	1155	42	(	(	PUNCT
ftr-471	1155	43	analyzing	analyze	VERB
ftr-471	1155	44	proposals	proposal	NOUN
ftr-471	1155	45	for	for	ADP
ftr-471	1155	46	expansion	expansion	NOUN
ftr-471	1155	47	of	of	ADP
ftr-471	1155	48	§	§	PROPN
ftr-471	1155	49	704(c	704(c	PROPN
ftr-471	1155	50	)	)	PUNCT
ftr-471	1155	51	and	and	CCONJ
ftr-471	1155	52	concluding	conclude	VERB
ftr-471	1155	53	that	that	SCONJ
ftr-471	1155	54	"	"	PUNCT
ftr-471	1155	55	only	only	ADV
ftr-471	1155	56	a	a	DET
ftr-471	1155	57	very	very	ADV
ftr-471	1155	58	narrow	narrow	ADJ
ftr-471	1155	59	expansion	expansion	NOUN
ftr-471	1155	60	,	,	PUNCT
ftr-471	1155	61	if	if	SCONJ
ftr-471	1155	62	any	any	PRON
ftr-471	1155	63	,	,	PUNCT
ftr-471	1155	64	is	be	AUX
ftr-471	1155	65	necessary	necessary	ADJ
ftr-471	1155	66	to	to	PART
ftr-471	1155	67	prevent	prevent	VERB
ftr-471	1155	68	tax	tax	NOUN
ftr-471	1155	69	avoidance	avoidance	NOUN
ftr-471	1155	70	"	"	PUNCT
ftr-471	1155	71	)	)	PUNCT
ftr-471	1155	72	.	.	PUNCT
ftr-471	1156	1	238	238	NUM
ftr-471	1156	2	.	.	PUNCT
ftr-471	1157	1	see	see	VERB
ftr-471	1157	2	rebecca	rebecca	PROPN
ftr-471	1157	3	s.	s.	PROPN
ftr-471	1157	4	rudnick	rudnick	PROPN
ftr-471	1157	5	,	,	PUNCT
ftr-471	1157	6	enforcing	enforce	VERB
ftr-471	1157	7	the	the	DET
ftr-471	1157	8	fundamental	fundamental	ADJ
ftr-471	1157	9	premises	premise	NOUN
ftr-471	1157	10	of	of	ADP
ftr-471	1157	11	partnership	partnership	NOUN
ftr-471	1157	12	taxation	taxation	NOUN
ftr-471	1157	13	,	,	PUNCT
ftr-471	1157	14	22	22	NUM
ftr-471	1157	15	hofstra	hofstra	PROPN
ftr-471	1157	16	l.	l.	PROPN
ftr-471	1157	17	rev	rev	PROPN
ftr-471	1157	18	.	.	PROPN
ftr-471	1157	19	229	229	NUM
ftr-471	1157	20	,	,	PUNCT
ftr-471	1157	21	359	359	NUM
ftr-471	1157	22	(	(	PUNCT
ftr-471	1157	23	1993	1993	NUM
ftr-471	1157	24	)	)	PUNCT
ftr-471	1157	25	(	(	PUNCT
ftr-471	1157	26	"	"	PUNCT
ftr-471	1157	27	exchange	exchange	NOUN
ftr-471	1157	28	treatment	treatment	NOUN
ftr-471	1157	29	is	be	AUX
ftr-471	1157	30	counter	counter	ADJ
ftr-471	1157	31	to	to	PART
ftr-471	1157	32	subchapter	subchapter	VERB
ftr-471	1157	33	k	k	PROPN
ftr-471	1157	34	's	's	PART
ftr-471	1157	35	flexibility	flexibility	NOUN
ftr-471	1157	36	and	and	CCONJ
ftr-471	1157	37	fungibility	fungibility	NOUN
ftr-471	1157	38	.	.	PUNCT
ftr-471	1157	39	"	"	PUNCT
ftr-471	1157	40	)	)	PUNCT
ftr-471	1157	41	.	.	PUNCT
ftr-471	1158	1	according	accord	VERB
ftr-471	1158	2	to	to	ADP
ftr-471	1158	3	rudnick	rudnick	NOUN
ftr-471	1158	4	's	's	PART
ftr-471	1158	5	view	view	NOUN
ftr-471	1158	6	,	,	PUNCT
ftr-471	1158	7	once	once	SCONJ
ftr-471	1158	8	assets	asset	NOUN
ftr-471	1158	9	are	be	AUX
ftr-471	1158	10	contributed	contribute	VERB
ftr-471	1158	11	to	to	ADP
ftr-471	1158	12	the	the	DET
ftr-471	1158	13	partnership	partnership	NOUN
ftr-471	1158	14	"	"	PUNCT
ftr-471	1158	15	pool	pool	NOUN
ftr-471	1158	16	,	,	PUNCT
ftr-471	1158	17	"	"	PUNCT
ftr-471	1158	18	the	the	DET
ftr-471	1158	19	bases	basis	NOUN
ftr-471	1158	20	of	of	ADP
ftr-471	1158	21	partnership	partnership	NOUN
ftr-471	1158	22	assets	asset	NOUN
ftr-471	1158	23	and	and	CCONJ
ftr-471	1158	24	the	the	DET
ftr-471	1158	25	partners	partner	NOUN
ftr-471	1158	26	'	'	PART
ftr-471	1158	27	bases	basis	NOUN
ftr-471	1158	28	in	in	ADP
ftr-471	1158	29	their	their	PRON
ftr-471	1158	30	partnership	partnership	NOUN
ftr-471	1158	31	interests	interest	NOUN
ftr-471	1158	32	are	be	AUX
ftr-471	1158	33	fungible	fungible	ADJ
ftr-471	1158	34	;	;	PUNCT
ftr-471	1158	35	thus	thus	ADV
ftr-471	1158	36	,	,	PUNCT
ftr-471	1158	37	there	there	PRON
ftr-471	1158	38	is	be	VERB
ftr-471	1158	39	no	no	DET
ftr-471	1158	40	need	need	NOUN
ftr-471	1158	41	to	to	PART
ftr-471	1158	42	allocate	allocate	VERB
ftr-471	1158	43	basis	basis	NOUN
ftr-471	1158	44	to	to	ADP
ftr-471	1158	45	particular	particular	ADJ
ftr-471	1158	46	distributed	distribute	VERB
ftr-471	1158	47	assets	asset	NOUN
ftr-471	1158	48	and	and	CCONJ
ftr-471	1158	49	then	then	ADV
ftr-471	1158	50	create	create	VERB
ftr-471	1158	51	a	a	DET
ftr-471	1158	52	fictional	fictional	ADJ
ftr-471	1158	53	cross	cross	NOUN
ftr-471	1158	54	-	-	NOUN
ftr-471	1158	55	exchange	exchange	NOUN
ftr-471	1158	56	among	among	ADP
ftr-471	1158	57	the	the	DET
ftr-471	1158	58	partners	partner	NOUN
ftr-471	1158	59	.	.	PUNCT
ftr-471	1159	1	see	see	VERB
ftr-471	1159	2	i	i	PRON
ftr-471	1159	3	d.	d.	PROPN
ftr-471	1159	4	at	at	ADP
ftr-471	1159	5	359	359	NUM
ftr-471	1159	6	n.542	n.542	NOUN
ftr-471	1159	7	.	.	PUNCT
ftr-471	1160	1	239	239	NUM
ftr-471	1160	2	.	.	PUNCT
ftr-471	1161	1	for	for	ADP
ftr-471	1161	2	example	example	NOUN
ftr-471	1161	3	,	,	PUNCT
ftr-471	1161	4	§	§	PROPN
ftr-471	1161	5	1031	1031	NUM
ftr-471	1161	6	is	be	AUX
ftr-471	1161	7	relatively	relatively	ADV
ftr-471	1161	8	restrictive	restrictive	ADJ
ftr-471	1161	9	concerning	concern	VERB
ftr-471	1161	10	the	the	DET
ftr-471	1161	11	types	type	NOUN
ftr-471	1161	12	of	of	ADP
ftr-471	1161	13	exchanges	exchange	NOUN
ftr-471	1161	14	that	that	PRON
ftr-471	1161	15	may	may	AUX
ftr-471	1161	16	qualify	qualify	VERB
ftr-471	1161	17	for	for	ADP
ftr-471	1161	18	nonrecognition	nonrecognition	NOUN
ftr-471	1161	19	treatment	treatment	NOUN
ftr-471	1161	20	.	.	PUNCT
ftr-471	1162	1	see	see	VERB
ftr-471	1162	2	,	,	PUNCT
ftr-471	1162	3	e.g.	e.g.	ADV
ftr-471	1162	4	,	,	PUNCT
ftr-471	1162	5	irc	irc	PROPN
ftr-471	1162	6	§	§	PROPN
ftr-471	1162	7	103	103	NUM
ftr-471	1162	8	1(a)(2)(d	1(a)(2)(d	NUM
ftr-471	1162	9	)	)	PUNCT
ftr-471	1162	10	.	.	PUNCT
ftr-471	1163	1	[	[	X
ftr-471	1163	2	vol	vol	NOUN
ftr-471	1163	3	3:12	3:12	NUM
ftr-471	1163	4	partnership	partnership	NOUN
ftr-471	1163	5	distributions	distribution	NOUN
ftr-471	1163	6	:	:	PUNCT
ftr-471	1163	7	options	option	NOUN
ftr-471	1163	8	for	for	ADP
ftr-471	1163	9	reform	reform	NOUN
ftr-471	1163	10	some	some	DET
ftr-471	1163	11	commentators	commentator	NOUN
ftr-471	1163	12	seek	seek	VERB
ftr-471	1163	13	to	to	PART
ftr-471	1163	14	rationalize	rationalize	VERB
ftr-471	1163	15	these	these	DET
ftr-471	1163	16	nonrecognition	nonrecognition	NOUN
ftr-471	1163	17	policies	policy	NOUN
ftr-471	1163	18	as	as	ADP
ftr-471	1163	19	facilitating	facilitate	VERB
ftr-471	1163	20	efficient	efficient	ADJ
ftr-471	1163	21	"	"	PUNCT
ftr-471	1163	22	pooling	pooling	NOUN
ftr-471	1163	23	"	"	PUNCT
ftr-471	1163	24	and	and	CCONJ
ftr-471	1163	25	"	"	PUNCT
ftr-471	1163	26	unpooling	unpooling	NOUN
ftr-471	1163	27	"	"	PUNCT
ftr-471	1163	28	of	of	ADP
ftr-471	1163	29	partnership	partnership	NOUN
ftr-471	1163	30	assets.2	assets.2	VERB
ftr-471	1163	31	°	°	NUM
ftr-471	1163	32	others	other	NOUN
ftr-471	1163	33	argue	argue	VERB
ftr-471	1163	34	that	that	SCONJ
ftr-471	1163	35	the	the	DET
ftr-471	1163	36	pooling	pooling	NOUN
ftr-471	1163	37	rationale	rationale	NOUN
ftr-471	1163	38	can	can	AUX
ftr-471	1163	39	not	not	PART
ftr-471	1163	40	justify	justify	VERB
ftr-471	1163	41	nonrecognition	nonrecognition	NOUN
ftr-471	1163	42	treatment	treatment	NOUN
ftr-471	1163	43	when	when	SCONJ
ftr-471	1163	44	assets	asset	NOUN
ftr-471	1163	45	leave	leave	VERB
ftr-471	1163	46	the	the	DET
ftr-471	1163	47	partnership	partnership	NOUN
ftr-471	1163	48	solution	solution	NOUN
ftr-471	1163	49	since	since	SCONJ
ftr-471	1163	50	the	the	DET
ftr-471	1163	51	partners	partner	NOUN
ftr-471	1163	52	have	have	AUX
ftr-471	1163	53	effectively	effectively	ADV
ftr-471	1163	54	terminated	terminate	VERB
ftr-471	1163	55	their	their	PRON
ftr-471	1163	56	original	original	ADJ
ftr-471	1163	57	investment.24	investment.24	NOUN
ftr-471	1163	58	upon	upon	SCONJ
ftr-471	1163	59	liquidation	liquidation	NOUN
ftr-471	1163	60	of	of	ADP
ftr-471	1163	61	the	the	DET
ftr-471	1163	62	partnership	partnership	NOUN
ftr-471	1163	63	(	(	PUNCT
ftr-471	1163	64	or	or	CCONJ
ftr-471	1163	65	an	an	DET
ftr-471	1163	66	individual	individual	ADJ
ftr-471	1163	67	partner	partner	NOUN
ftr-471	1163	68	's	's	PART
ftr-471	1163	69	interest	interest	NOUN
ftr-471	1163	70	)	)	PUNCT
ftr-471	1163	71	,	,	PUNCT
ftr-471	1163	72	the	the	DET
ftr-471	1163	73	nontax	nontax	NOUN
ftr-471	1163	74	benefits	benefit	NOUN
ftr-471	1163	75	are	be	AUX
ftr-471	1163	76	likely	likely	ADJ
ftr-471	1163	77	to	to	PART
ftr-471	1163	78	outweigh	outweigh	VERB
ftr-471	1163	79	the	the	DET
ftr-471	1163	80	tax	tax	NOUN
ftr-471	1163	81	cost	cost	NOUN
ftr-471	1163	82	of	of	ADP
ftr-471	1163	83	immediate	immediate	ADJ
ftr-471	1163	84	recognition	recognition	NOUN
ftr-471	1163	85	.	.	PUNCT
ftr-471	1164	1	thus	thus	ADV
ftr-471	1164	2	,	,	PUNCT
ftr-471	1164	3	requiring	require	VERB
ftr-471	1164	4	gain	gain	NOUN
ftr-471	1164	5	recognition	recognition	NOUN
ftr-471	1164	6	in	in	ADP
ftr-471	1164	7	this	this	DET
ftr-471	1164	8	situation	situation	NOUN
ftr-471	1164	9	might	might	AUX
ftr-471	1164	10	not	not	PART
ftr-471	1164	11	significantly	significantly	ADV
ftr-471	1164	12	impair	impair	VERB
ftr-471	1164	13	efficient	efficient	ADJ
ftr-471	1164	14	pooling	pooling	NOUN
ftr-471	1164	15	or	or	CCONJ
ftr-471	1164	16	risk	risk	NOUN
ftr-471	1164	17	-	-	PUNCT
ftr-471	1164	18	sharing	sharing	NOUN
ftr-471	1164	19	during	during	ADP
ftr-471	1164	20	formation	formation	NOUN
ftr-471	1164	21	or	or	CCONJ
ftr-471	1164	22	operation	operation	NOUN
ftr-471	1164	23	of	of	ADP
ftr-471	1164	24	a	a	DET
ftr-471	1164	25	partnership.242	partnership.242	PROPN
ftr-471	1164	26	nevertheless	nevertheless	ADV
ftr-471	1164	27	,	,	PUNCT
ftr-471	1164	28	it	it	PRON
ftr-471	1164	29	might	might	AUX
ftr-471	1164	30	be	be	AUX
ftr-471	1164	31	necessary	necessary	ADJ
ftr-471	1164	32	to	to	PART
ftr-471	1164	33	apply	apply	VERB
ftr-471	1164	34	a	a	DET
ftr-471	1164	35	similar	similar	ADJ
ftr-471	1164	36	rule	rule	NOUN
ftr-471	1164	37	to	to	ADP
ftr-471	1164	38	current	current	ADJ
ftr-471	1164	39	distributions	distribution	NOUN
ftr-471	1164	40	of	of	ADP
ftr-471	1164	41	partnership	partnership	NOUN
ftr-471	1164	42	property	property	NOUN
ftr-471	1164	43	to	to	PART
ftr-471	1164	44	avoid	avoid	VERB
ftr-471	1164	45	distorting	distort	VERB
ftr-471	1164	46	the	the	DET
ftr-471	1164	47	choice	choice	NOUN
ftr-471	1164	48	between	between	ADP
ftr-471	1164	49	current	current	ADJ
ftr-471	1164	50	and	and	CCONJ
ftr-471	1164	51	liquidating	liquidate	VERB
ftr-471	1164	52	distributions.243	distributions.243	NOUN
ftr-471	1164	53	in	in	ADP
ftr-471	1164	54	the	the	DET
ftr-471	1164	55	case	case	NOUN
ftr-471	1164	56	of	of	ADP
ftr-471	1164	57	current	current	ADJ
ftr-471	1164	58	distributions	distribution	NOUN
ftr-471	1164	59	,	,	PUNCT
ftr-471	1164	60	nonrecognition	nonrecognition	NOUN
ftr-471	1164	61	treatment	treatment	NOUN
ftr-471	1164	62	may	may	AUX
ftr-471	1164	63	be	be	AUX
ftr-471	1164	64	justified	justify	VERB
ftr-471	1164	65	by	by	ADP
ftr-471	1164	66	the	the	DET
ftr-471	1164	67	relatively	relatively	ADV
ftr-471	1164	68	easy	easy	ADJ
ftr-471	1164	69	"	"	PUNCT
ftr-471	1164	70	avoidability	avoidability	NOUN
ftr-471	1164	71	of	of	ADP
ftr-471	1164	72	the	the	DET
ftr-471	1164	73	tax	tax	NOUN
ftr-471	1164	74	through	through	ADP
ftr-471	1164	75	alternative	alternative	ADJ
ftr-471	1164	76	arrangements	arrangement	NOUN
ftr-471	1164	77	.	.	PUNCT
ftr-471	1164	78	"	"	PUNCT
ftr-471	1165	1	244	244	NUM
ftr-471	1165	2	assume	assume	VERB
ftr-471	1165	3	that	that	SCONJ
ftr-471	1165	4	one	one	NUM
ftr-471	1165	5	partner	partner	NOUN
ftr-471	1165	6	wishes	wish	VERB
ftr-471	1165	7	to	to	PART
ftr-471	1165	8	own	own	VERB
ftr-471	1165	9	a	a	DET
ftr-471	1165	10	particular	particular	ADJ
ftr-471	1165	11	asset	asset	NOUN
ftr-471	1165	12	but	but	CCONJ
ftr-471	1165	13	that	that	SCONJ
ftr-471	1165	14	the	the	DET
ftr-471	1165	15	other	other	ADJ
ftr-471	1165	16	partners	partner	NOUN
ftr-471	1165	17	are	be	AUX
ftr-471	1165	18	unwilling	unwilling	ADJ
ftr-471	1165	19	to	to	PART
ftr-471	1165	20	incur	incur	VERB
ftr-471	1165	21	tax	tax	NOUN
ftr-471	1165	22	on	on	ADP
ftr-471	1165	23	the	the	DET
ftr-471	1165	24	distribution	distribution	NOUN
ftr-471	1165	25	.	.	PUNCT
ftr-471	1166	1	without	without	ADP
ftr-471	1166	2	a	a	DET
ftr-471	1166	3	formal	formal	ADJ
ftr-471	1166	4	distribution	distribution	NOUN
ftr-471	1166	5	of	of	ADP
ftr-471	1166	6	the	the	DET
ftr-471	1166	7	property	property	NOUN
ftr-471	1166	8	,	,	PUNCT
ftr-471	1166	9	the	the	DET
ftr-471	1166	10	partnership	partnership	NOUN
ftr-471	1166	11	could	could	AUX
ftr-471	1166	12	use	use	VERB
ftr-471	1166	13	special	special	ADJ
ftr-471	1166	14	allocations	allocation	NOUN
ftr-471	1166	15	,	,	PUNCT
ftr-471	1166	16	leasing	leasing	NOUN
ftr-471	1166	17	arrangements	arrangement	NOUN
ftr-471	1166	18	,	,	PUNCT
ftr-471	1166	19	and	and	CCONJ
ftr-471	1166	20	other	other	ADJ
ftr-471	1166	21	comparable	comparable	ADJ
ftr-471	1166	22	techniques	technique	NOUN
ftr-471	1166	23	to	to	PART
ftr-471	1166	24	achieve	achieve	VERB
ftr-471	1166	25	the	the	DET
ftr-471	1166	26	desired	desire	VERB
ftr-471	1166	27	economic	economic	ADJ
ftr-471	1166	28	result	result	NOUN
ftr-471	1166	29	at	at	ADP
ftr-471	1166	30	lower	low	ADJ
ftr-471	1166	31	tax	tax	NOUN
ftr-471	1166	32	cost	cost	NOUN
ftr-471	1166	33	.	.	PUNCT
ftr-471	1167	1	"	"	PUNCT
ftr-471	1167	2	5	5	NUM
ftr-471	1167	3	thus	thus	ADV
ftr-471	1167	4	,	,	PUNCT
ftr-471	1167	5	more	more	ADV
ftr-471	1167	6	stringent	stringent	ADJ
ftr-471	1167	7	recognition	recognition	NOUN
ftr-471	1167	8	rules	rule	NOUN
ftr-471	1167	9	might	might	AUX
ftr-471	1167	10	merely	merely	ADV
ftr-471	1167	11	encourage	encourage	VERB
ftr-471	1167	12	retention	retention	NOUN
ftr-471	1167	13	of	of	ADP
ftr-471	1167	14	property	property	NOUN
ftr-471	1167	15	in	in	ADP
ftr-471	1167	16	partnership	partnership	NOUN
ftr-471	1167	17	solution	solution	NOUN
ftr-471	1167	18	when	when	SCONJ
ftr-471	1167	19	the	the	DET
ftr-471	1167	20	property	property	NOUN
ftr-471	1167	21	could	could	AUX
ftr-471	1167	22	be	be	AUX
ftr-471	1167	23	deployed	deploy	VERB
ftr-471	1167	24	more	more	ADV
ftr-471	1167	25	efficiently	efficiently	ADV
ftr-471	1167	26	outside	outside	ADP
ftr-471	1167	27	the	the	DET
ftr-471	1167	28	partnership	partnership	NOUN
ftr-471	1167	29	.	.	PUNCT
ftr-471	1168	1	246	246	NUM
ftr-471	1168	2	of	of	ADP
ftr-471	1168	3	course	course	NOUN
ftr-471	1168	4	,	,	PUNCT
ftr-471	1168	5	there	there	PRON
ftr-471	1168	6	may	may	AUX
ftr-471	1168	7	be	be	AUX
ftr-471	1168	8	limits	limit	NOUN
ftr-471	1168	9	on	on	ADP
ftr-471	1168	10	the	the	DET
ftr-471	1168	11	extent	extent	NOUN
ftr-471	1168	12	to	to	PART
ftr-471	1168	13	which	which	PRON
ftr-471	1168	14	partners	partner	NOUN
ftr-471	1168	15	can	can	AUX
ftr-471	1168	16	shift	shift	VERB
ftr-471	1168	17	the	the	DET
ftr-471	1168	18	economic	economic	ADJ
ftr-471	1168	19	incidents	incident	NOUN
ftr-471	1168	20	of	of	ADP
ftr-471	1168	21	ownership	ownership	NOUN
ftr-471	1168	22	without	without	ADP
ftr-471	1168	23	triggering	trigger	VERB
ftr-471	1168	24	the	the	DET
ftr-471	1168	25	general	general	ADJ
ftr-471	1168	26	anti	anti	ADJ
ftr-471	1168	27	-	-	ADJ
ftr-471	1168	28	abuse	abuse	ADJ
ftr-471	1168	29	rules	rule	NOUN
ftr-471	1168	30	or	or	CCONJ
ftr-471	1168	31	disguised	disguised	ADJ
ftr-471	1168	32	sale	sale	NOUN
ftr-471	1168	33	rules	rule	NOUN
ftr-471	1168	34	.	.	PUNCT
ftr-471	1169	1	47	47	NUM
ftr-471	1169	2	these	these	DET
ftr-471	1169	3	rules	rule	VERB
ftr-471	1169	4	240	240	NUM
ftr-471	1169	5	.	.	PUNCT
ftr-471	1170	1	see	see	VERB
ftr-471	1170	2	rudnick	rudnick	NOUN
ftr-471	1170	3	,	,	PUNCT
ftr-471	1170	4	supra	supra	PROPN
ftr-471	1170	5	note	note	NOUN
ftr-471	1170	6	234	234	NUM
ftr-471	1170	7	,	,	PUNCT
ftr-471	1170	8	at	at	ADP
ftr-471	1170	9	355	355	NUM
ftr-471	1170	10	-	-	SYM
ftr-471	1170	11	60	60	NUM
ftr-471	1170	12	(	(	PUNCT
ftr-471	1170	13	arguing	argue	VERB
ftr-471	1170	14	that	that	SCONJ
ftr-471	1170	15	liberal	liberal	ADJ
ftr-471	1170	16	rules	rule	NOUN
ftr-471	1170	17	for	for	ADP
ftr-471	1170	18	"	"	PUNCT
ftr-471	1170	19	unpooling	unpooling	ADJ
ftr-471	1170	20	"	"	PUNCT
ftr-471	1170	21	transactions	transaction	NOUN
ftr-471	1170	22	are	be	AUX
ftr-471	1170	23	economically	economically	ADV
ftr-471	1170	24	efficient	efficient	ADJ
ftr-471	1170	25	)	)	PUNCT
ftr-471	1170	26	.	.	PUNCT
ftr-471	1171	1	241	241	X
ftr-471	1171	2	.	.	PUNCT
ftr-471	1172	1	see	see	VERB
ftr-471	1172	2	supra	supra	PROPN
ftr-471	1172	3	notes	note	VERB
ftr-471	1172	4	104	104	NUM
ftr-471	1172	5	-	-	SYM
ftr-471	1172	6	05	05	NUM
ftr-471	1172	7	&	&	CCONJ
ftr-471	1172	8	119	119	NUM
ftr-471	1172	9	-	-	SYM
ftr-471	1172	10	21	21	NUM
ftr-471	1172	11	and	and	CCONJ
ftr-471	1172	12	accompanying	accompany	VERB
ftr-471	1172	13	text	text	NOUN
ftr-471	1172	14	.	.	PUNCT
ftr-471	1173	1	242	242	NUM
ftr-471	1173	2	.	.	PUNCT
ftr-471	1174	1	see	see	VERB
ftr-471	1174	2	berger	berger	PROPN
ftr-471	1174	3	,	,	PUNCT
ftr-471	1174	4	supra	supra	PROPN
ftr-471	1174	5	note	note	PROPN
ftr-471	1174	6	11	11	NUM
ftr-471	1174	7	,	,	PUNCT
ftr-471	1174	8	at	at	ADP
ftr-471	1174	9	155	155	NUM
ftr-471	1174	10	n.208	n.208	NOUN
ftr-471	1174	11	(	(	PUNCT
ftr-471	1174	12	arguing	argue	VERB
ftr-471	1174	13	that	that	SCONJ
ftr-471	1174	14	,	,	PUNCT
ftr-471	1174	15	for	for	ADP
ftr-471	1174	16	most	most	ADJ
ftr-471	1174	17	investors	investor	NOUN
ftr-471	1174	18	,	,	PUNCT
ftr-471	1174	19	the	the	DET
ftr-471	1174	20	prospect	prospect	NOUN
ftr-471	1174	21	of	of	ADP
ftr-471	1174	22	an	an	DET
ftr-471	1174	23	eventual	eventual	ADJ
ftr-471	1174	24	tax	tax	NOUN
ftr-471	1174	25	upon	upon	SCONJ
ftr-471	1174	26	liquidation	liquidation	NOUN
ftr-471	1174	27	is	be	AUX
ftr-471	1174	28	not	not	PART
ftr-471	1174	29	likely	likely	ADJ
ftr-471	1174	30	to	to	PART
ftr-471	1174	31	loom	loom	VERB
ftr-471	1174	32	large	large	ADJ
ftr-471	1174	33	at	at	ADP
ftr-471	1174	34	the	the	DET
ftr-471	1174	35	outset	outset	NOUN
ftr-471	1174	36	)	)	PUNCT
ftr-471	1174	37	.	.	PUNCT
ftr-471	1175	1	243	243	NUM
ftr-471	1175	2	.	.	PUNCT
ftr-471	1176	1	see	see	VERB
ftr-471	1176	2	ali	ali	PROPN
ftr-471	1176	3	,	,	PUNCT
ftr-471	1176	4	pass	pass	VERB
ftr-471	1176	5	-	-	PUNCT
ftr-471	1176	6	through	through	ADP
ftr-471	1176	7	entities	entity	NOUN
ftr-471	1176	8	,	,	PUNCT
ftr-471	1176	9	tentative	tentative	ADJ
ftr-471	1176	10	draft	draft	NOUN
ftr-471	1176	11	memorandum	memorandum	NOUN
ftr-471	1176	12	no	no	INTJ
ftr-471	1176	13	.	.	NOUN
ftr-471	1176	14	2	2	X
ftr-471	1176	15	.	.	X
ftr-471	1176	16	supra	supra	PROPN
ftr-471	1176	17	note	note	PROPN
ftr-471	1176	18	3	3	NUM
ftr-471	1176	19	,	,	PUNCT
ftr-471	1176	20	at	at	ADP
ftr-471	1176	21	148	148	NUM
ftr-471	1176	22	.	.	PUNCT
ftr-471	1177	1	244	244	NUM
ftr-471	1177	2	.	.	PUNCT
ftr-471	1178	1	shaviro	shaviro	PROPN
ftr-471	1178	2	,	,	PUNCT
ftr-471	1178	3	supra	supra	PROPN
ftr-471	1178	4	note	note	PROPN
ftr-471	1178	5	103	103	NUM
ftr-471	1178	6	,	,	PUNCT
ftr-471	1178	7	at	at	ADP
ftr-471	1178	8	50	50	NUM
ftr-471	1178	9	.	.	PUNCT
ftr-471	1179	1	245	245	NUM
ftr-471	1179	2	.	.	PUNCT
ftr-471	1180	1	see	see	VERB
ftr-471	1180	2	i	i	PRON
ftr-471	1180	3	d.	d.	PROPN
ftr-471	1180	4	;	;	PUNCT
ftr-471	1180	5	rudnick	rudnick	NOUN
ftr-471	1180	6	,	,	PUNCT
ftr-471	1180	7	supra	supra	PROPN
ftr-471	1180	8	note	note	NOUN
ftr-471	1180	9	238	238	NUM
ftr-471	1180	10	,	,	PUNCT
ftr-471	1180	11	at	at	ADP
ftr-471	1180	12	361	361	NUM
ftr-471	1180	13	-	-	SYM
ftr-471	1180	14	62	62	NUM
ftr-471	1180	15	;	;	PUNCT
ftr-471	1180	16	see	see	VERB
ftr-471	1180	17	also	also	ADV
ftr-471	1180	18	gergen	gergen	ADV
ftr-471	1180	19	,	,	PUNCT
ftr-471	1180	20	special	special	ADJ
ftr-471	1180	21	allocations	allocation	NOUN
ftr-471	1180	22	,	,	PUNCT
ftr-471	1180	23	supra	supra	PROPN
ftr-471	1180	24	note	note	NOUN
ftr-471	1180	25	232	232	NUM
ftr-471	1180	26	,	,	PUNCT
ftr-471	1180	27	at	at	ADP
ftr-471	1180	28	34	34	NUM
ftr-471	1180	29	.	.	PUNCT
ftr-471	1181	1	246	246	NUM
ftr-471	1181	2	.	.	PUNCT
ftr-471	1182	1	because	because	SCONJ
ftr-471	1182	2	a	a	DET
ftr-471	1182	3	current	current	ADJ
ftr-471	1182	4	distribution	distribution	NOUN
ftr-471	1182	5	of	of	ADP
ftr-471	1182	6	property	property	NOUN
ftr-471	1182	7	would	would	AUX
ftr-471	1182	8	trigger	trigger	VERB
ftr-471	1182	9	gain	gain	VERB
ftr-471	1182	10	to	to	ADP
ftr-471	1182	11	the	the	DET
ftr-471	1182	12	nondistributee	nondistributee	NOUN
ftr-471	1182	13	partners	partner	NOUN
ftr-471	1182	14	,	,	PUNCT
ftr-471	1182	15	they	they	PRON
ftr-471	1182	16	might	might	AUX
ftr-471	1182	17	have	have	VERB
ftr-471	1182	18	an	an	DET
ftr-471	1182	19	incentive	incentive	NOUN
ftr-471	1182	20	to	to	PART
ftr-471	1182	21	prevent	prevent	VERB
ftr-471	1182	22	such	such	ADJ
ftr-471	1182	23	distributions	distribution	NOUN
ftr-471	1182	24	or	or	CCONJ
ftr-471	1182	25	extract	extract	VERB
ftr-471	1182	26	concessions	concession	NOUN
ftr-471	1182	27	from	from	ADP
ftr-471	1182	28	the	the	DET
ftr-471	1182	29	distributee	distributee	NOUN
ftr-471	1182	30	partner	partner	NOUN
ftr-471	1182	31	.	.	PUNCT
ftr-471	1183	1	see	see	VERB
ftr-471	1183	2	generally	generally	ADV
ftr-471	1183	3	hideki	hideki	PROPN
ftr-471	1183	4	kanda	kanda	PROPN
ftr-471	1183	5	&	&	CCONJ
ftr-471	1183	6	saul	saul	PROPN
ftr-471	1183	7	levmore	levmore	PROPN
ftr-471	1183	8	,	,	PUNCT
ftr-471	1183	9	taxes	taxis	NOUN
ftr-471	1183	10	,	,	PUNCT
ftr-471	1183	11	agency	agency	NOUN
ftr-471	1183	12	costs	cost	NOUN
ftr-471	1183	13	,	,	PUNCT
ftr-471	1183	14	and	and	CCONJ
ftr-471	1183	15	the	the	DET
ftr-471	1183	16	price	price	NOUN
ftr-471	1183	17	of	of	ADP
ftr-471	1183	18	incorporation	incorporation	NOUN
ftr-471	1183	19	,	,	PUNCT
ftr-471	1183	20	77	77	NUM
ftr-471	1183	21	va	va	NOUN
ftr-471	1183	22	.	.	PUNCT
ftr-471	1184	1	l.	l.	PROPN
ftr-471	1184	2	rev	rev	PROPN
ftr-471	1184	3	.	.	PROPN
ftr-471	1184	4	211	211	NUM
ftr-471	1184	5	(	(	PUNCT
ftr-471	1184	6	1991	1991	NUM
ftr-471	1184	7	)	)	PUNCT
ftr-471	1184	8	.	.	PUNCT
ftr-471	1185	1	247	247	NUM
ftr-471	1185	2	.	.	PUNCT
ftr-471	1186	1	see	see	VERB
ftr-471	1186	2	regs	reg	NOUN
ftr-471	1186	3	.	.	PUNCT
ftr-471	1187	1	§	§	PROPN
ftr-471	1187	2	1.701	1.701	NUM
ftr-471	1187	3	-	-	SYM
ftr-471	1187	4	2	2	NUM
ftr-471	1187	5	;	;	PUNCT
ftr-471	1187	6	irc	irc	PROPN
ftr-471	1187	7	§	§	PROPN
ftr-471	1187	8	707(a)(2)(b	707(a)(2)(b	PROPN
ftr-471	1187	9	)	)	PUNCT
ftr-471	1187	10	;	;	PUNCT
ftr-471	1187	11	see	see	VERB
ftr-471	1187	12	also	also	ADV
ftr-471	1187	13	regs	reg	VERB
ftr-471	1187	14	.	.	PUNCT
ftr-471	1188	1	§	§	PROPN
ftr-471	1188	2	1.707	1.707	NUM
ftr-471	1188	3	-	-	SYM
ftr-471	1188	4	3b)(2)lviii	3b)(2)lviii	NUM
ftr-471	1188	5	)	)	PUNCT
ftr-471	1188	6	(	(	PUNCT
ftr-471	1188	7	warning	warn	VERB
ftr-471	1188	8	that	that	SCONJ
ftr-471	1188	9	"	"	PUNCT
ftr-471	1188	10	distributions	distribution	NOUN
ftr-471	1188	11	,	,	PUNCT
ftr-471	1188	12	allocations	allocation	NOUN
ftr-471	1188	13	or	or	CCONJ
ftr-471	1188	14	control	control	NOUN
ftr-471	1188	15	of	of	ADP
ftr-471	1188	16	partnership	partnership	NOUN
ftr-471	1188	17	operations	operation	NOUN
ftr-471	1188	18	...	...	PUNCT
ftr-471	1188	19	designed	design	VERB
ftr-471	1188	20	to	to	PART
ftr-471	1188	21	effect	effect	VERB
ftr-471	1188	22	an	an	DET
ftr-471	1188	23	exchange	exchange	NOUN
ftr-471	1188	24	of	of	ADP
ftr-471	1188	25	the	the	DET
ftr-471	1188	26	burdens	burden	NOUN
ftr-471	1188	27	and	and	CCONJ
ftr-471	1188	28	benefits	benefit	NOUN
ftr-471	1188	29	of	of	ADP
ftr-471	1188	30	ownership	ownership	NOUN
ftr-471	1188	31	of	of	ADP
ftr-471	1188	32	property	property	NOUN
ftr-471	1188	33	"	"	PUNCT
ftr-471	1188	34	may	may	AUX
ftr-471	1188	35	be	be	AUX
ftr-471	1188	36	evidence	evidence	NOUN
ftr-471	1188	37	of	of	ADP
ftr-471	1188	38	a	a	DET
ftr-471	1188	39	disguised	disguise	VERB
ftr-471	1188	40	sale	sale	NOUN
ftr-471	1188	41	)	)	PUNCT
ftr-471	1188	42	;	;	PUNCT
ftr-471	1188	43	regs	reg	NOUN
ftr-471	1188	44	.	.	PUNCT
ftr-471	1189	1	§	§	PROPN
ftr-471	1189	2	1.707	1.707	NUM
ftr-471	1189	3	-	-	SYM
ftr-471	1189	4	3(f	3(f	NUM
ftr-471	1189	5	)	)	PUNCT
ftr-471	1189	6	,	,	PUNCT
ftr-471	1189	7	ex	ex	NOUN
ftr-471	1189	8	.	.	NOUN
ftr-471	1189	9	8	8	NUM
ftr-471	1189	10	(	(	PUNCT
ftr-471	1189	11	"	"	PUNCT
ftr-471	1189	12	mixing	mix	VERB
ftr-471	1189	13	bowl	bowl	NOUN
ftr-471	1189	14	"	"	PUNCT
ftr-471	1189	15	transaction	transaction	NOUN
ftr-471	1189	16	,	,	PUNCT
ftr-471	1189	17	rebutting	rebut	VERB
ftr-471	1189	18	presumption	presumption	NOUN
ftr-471	1189	19	that	that	SCONJ
ftr-471	1189	20	transfers	transfer	NOUN
ftr-471	1189	21	occurring	occur	VERB
ftr-471	1189	22	more	more	ADJ
ftr-471	1189	23	than	than	ADP
ftr-471	1189	24	two	two	NUM
ftr-471	1189	25	years	year	NOUN
ftr-471	1189	26	apart	apart	ADV
ftr-471	1189	27	are	be	AUX
ftr-471	1189	28	outside	outside	ADP
ftr-471	1189	29	the	the	DET
ftr-471	1189	30	disguised	disguise	VERB
ftr-471	1189	31	sale	sale	NOUN
ftr-471	1189	32	rules	rule	NOUN
ftr-471	1189	33	)	)	PUNCT
ftr-471	1189	34	;	;	PUNCT
ftr-471	1189	35	notice	notice	VERB
ftr-471	1189	36	90	90	NUM
ftr-471	1189	37	-	-	SYM
ftr-471	1189	38	56	56	NUM
ftr-471	1189	39	,	,	PUNCT
ftr-471	1189	40	1990	1990	NUM
ftr-471	1189	41	-	-	SYM
ftr-471	1189	42	2	2	NUM
ftr-471	1189	43	c.b	c.b	PROPN
ftr-471	1189	44	.	.	PROPN
ftr-471	1189	45	344	344	NUM
ftr-471	1189	46	(	(	PUNCT
ftr-471	1189	47	attacking	attack	VERB
ftr-471	1189	48	installment	installment	NOUN
ftr-471	1189	49	sale	sale	NOUN
ftr-471	1189	50	transaction	transaction	NOUN
ftr-471	1189	51	)	)	PUNCT
ftr-471	1189	52	.	.	PUNCT
ftr-471	1190	1	19981	19981	NUM
ftr-471	1190	2	florida	florida	PROPN
ftr-471	1190	3	tax	tax	NOUN
ftr-471	1190	4	review	review	NOUN
ftr-471	1190	5	are	be	AUX
ftr-471	1190	6	relatively	relatively	ADV
ftr-471	1190	7	blunt	blunt	ADJ
ftr-471	1190	8	instruments	instrument	NOUN
ftr-471	1190	9	,	,	PUNCT
ftr-471	1190	10	however	however	ADV
ftr-471	1190	11	,	,	PUNCT
ftr-471	1190	12	and	and	CCONJ
ftr-471	1190	13	it	it	PRON
ftr-471	1190	14	may	may	AUX
ftr-471	1190	15	be	be	AUX
ftr-471	1190	16	extremely	extremely	ADV
ftr-471	1190	17	difficult	difficult	ADJ
ftr-471	1190	18	to	to	AUX
ftr-471	1190	19	"	"	PUNCT
ftr-471	1190	20	unscramble	unscramble	ADJ
ftr-471	1190	21	"	"	PUNCT
ftr-471	1190	22	such	such	ADJ
ftr-471	1190	23	transactions	transaction	NOUN
ftr-471	1190	24	,	,	PUNCT
ftr-471	1190	25	particularly	particularly	ADV
ftr-471	1190	26	when	when	SCONJ
ftr-471	1190	27	the	the	DET
ftr-471	1190	28	actual	actual	ADJ
ftr-471	1190	29	distribution	distribution	NOUN
ftr-471	1190	30	of	of	ADP
ftr-471	1190	31	property	property	NOUN
ftr-471	1190	32	is	be	AUX
ftr-471	1190	33	delayed	delay	VERB
ftr-471	1190	34	for	for	ADP
ftr-471	1190	35	several	several	ADJ
ftr-471	1190	36	years.248	years.248	NOUN
ftr-471	1190	37	it	it	PRON
ftr-471	1190	38	may	may	AUX
ftr-471	1190	39	seem	seem	VERB
ftr-471	1190	40	somewhat	somewhat	ADV
ftr-471	1190	41	opportunistic	opportunistic	ADJ
ftr-471	1190	42	to	to	PART
ftr-471	1190	43	defend	defend	VERB
ftr-471	1190	44	the	the	DET
ftr-471	1190	45	permissiveness	permissiveness	NOUN
ftr-471	1190	46	of	of	ADP
ftr-471	1190	47	the	the	DET
ftr-471	1190	48	distribution	distribution	NOUN
ftr-471	1190	49	rules	rule	NOUN
ftr-471	1190	50	on	on	ADP
ftr-471	1190	51	the	the	DET
ftr-471	1190	52	ground	ground	NOUN
ftr-471	1190	53	that	that	SCONJ
ftr-471	1190	54	stricter	strict	ADJ
ftr-471	1190	55	rules	rule	NOUN
ftr-471	1190	56	would	would	AUX
ftr-471	1190	57	be	be	AUX
ftr-471	1190	58	self	self	NOUN
ftr-471	1190	59	-	-	PUNCT
ftr-471	1190	60	defeating	defeat	VERB
ftr-471	1190	61	due	due	ADP
ftr-471	1190	62	to	to	ADP
ftr-471	1190	63	their	their	PRON
ftr-471	1190	64	easy	easy	ADJ
ftr-471	1190	65	avoidability	avoidability	NOUN
ftr-471	1190	66	.	.	PUNCT
ftr-471	1191	1	indeed	indeed	ADV
ftr-471	1191	2	,	,	PUNCT
ftr-471	1191	3	dissatisfaction	dissatisfaction	NOUN
ftr-471	1191	4	with	with	ADP
ftr-471	1191	5	the	the	DET
ftr-471	1191	6	flexibility	flexibility	NOUN
ftr-471	1191	7	of	of	ADP
ftr-471	1191	8	partnership	partnership	NOUN
ftr-471	1191	9	allocations	allocation	NOUN
ftr-471	1191	10	generally	generally	ADV
ftr-471	1191	11	,	,	PUNCT
ftr-471	1191	12	as	as	ADV
ftr-471	1191	13	well	well	ADV
ftr-471	1191	14	as	as	ADP
ftr-471	1191	15	with	with	ADP
ftr-471	1191	16	the	the	DET
ftr-471	1191	17	perceived	perceive	VERB
ftr-471	1191	18	shortcomings	shortcoming	NOUN
ftr-471	1191	19	of	of	ADP
ftr-471	1191	20	the	the	DET
ftr-471	1191	21	disguised	disguise	VERB
ftr-471	1191	22	sale	sale	NOUN
ftr-471	1191	23	rules	rule	NOUN
ftr-471	1191	24	,	,	PUNCT
ftr-471	1191	25	may	may	AUX
ftr-471	1191	26	fuel	fuel	VERB
ftr-471	1191	27	more	more	ADJ
ftr-471	1191	28	radical	radical	ADJ
ftr-471	1191	29	proposals	proposal	NOUN
ftr-471	1191	30	to	to	PART
ftr-471	1191	31	curb	curb	VERB
ftr-471	1191	32	the	the	DET
ftr-471	1191	33	permissiveness	permissiveness	NOUN
ftr-471	1191	34	of	of	ADP
ftr-471	1191	35	the	the	DET
ftr-471	1191	36	distribution	distribution	NOUN
ftr-471	1191	37	rules.249	rules.249	PROPN
ftr-471	1191	38	unless	unless	SCONJ
ftr-471	1191	39	subchapter	subchapter	NOUN
ftr-471	1191	40	k	k	PROPN
ftr-471	1191	41	is	be	AUX
ftr-471	1191	42	restructured	restructure	VERB
ftr-471	1191	43	along	along	ADP
ftr-471	1191	44	much	much	ADV
ftr-471	1191	45	more	more	ADV
ftr-471	1191	46	restrictive	restrictive	ADJ
ftr-471	1191	47	lines	line	NOUN
ftr-471	1191	48	,	,	PUNCT
ftr-471	1191	49	however	however	ADV
ftr-471	1191	50	,	,	PUNCT
ftr-471	1191	51	requiring	require	VERB
ftr-471	1191	52	full	full	ADJ
ftr-471	1191	53	gain	gain	NOUN
ftr-471	1191	54	recognition	recognition	NOUN
ftr-471	1191	55	on	on	ADP
ftr-471	1191	56	partnership	partnership	NOUN
ftr-471	1191	57	distributions	distribution	NOUN
ftr-471	1191	58	is	be	AUX
ftr-471	1191	59	likely	likely	ADJ
ftr-471	1191	60	to	to	PART
ftr-471	1191	61	place	place	VERB
ftr-471	1191	62	additional	additional	ADJ
ftr-471	1191	63	stress	stress	NOUN
ftr-471	1191	64	on	on	ADP
ftr-471	1191	65	the	the	DET
ftr-471	1191	66	existing	exist	VERB
ftr-471	1191	67	rules	rule	NOUN
ftr-471	1191	68	that	that	PRON
ftr-471	1191	69	permit	permit	VERB
ftr-471	1191	70	flexible	flexible	ADJ
ftr-471	1191	71	tailoring	tailoring	NOUN
ftr-471	1191	72	of	of	ADP
ftr-471	1191	73	economic	economic	ADJ
ftr-471	1191	74	arrangements	arrangement	NOUN
ftr-471	1191	75	.	.	PUNCT
ftr-471	1192	1	vi	vi	X
ftr-471	1192	2	.	.	PROPN
ftr-471	1192	3	conclusion	conclusion	VERB
ftr-471	1192	4	the	the	DET
ftr-471	1192	5	permissive	permissive	ADJ
ftr-471	1192	6	partnership	partnership	NOUN
ftr-471	1192	7	distribution	distribution	NOUN
ftr-471	1192	8	rules	rule	NOUN
ftr-471	1192	9	have	have	AUX
ftr-471	1192	10	only	only	ADV
ftr-471	1192	11	recently	recently	ADV
ftr-471	1192	12	begun	begin	VERB
ftr-471	1192	13	to	to	PART
ftr-471	1192	14	receive	receive	VERB
ftr-471	1192	15	sustained	sustain	VERB
ftr-471	1192	16	critical	critical	ADJ
ftr-471	1192	17	attention	attention	NOUN
ftr-471	1192	18	.	.	PUNCT
ftr-471	1193	1	although	although	SCONJ
ftr-471	1193	2	section	section	NOUN
ftr-471	1193	3	751	751	NUM
ftr-471	1193	4	(	(	PUNCT
ftr-471	1193	5	b	b	NOUN
ftr-471	1193	6	)	)	PUNCT
ftr-471	1193	7	has	have	AUX
ftr-471	1193	8	long	long	ADV
ftr-471	1193	9	been	be	AUX
ftr-471	1193	10	viewed	view	VERB
ftr-471	1193	11	as	as	ADP
ftr-471	1193	12	a	a	DET
ftr-471	1193	13	bulwark	bulwark	NOUN
ftr-471	1193	14	against	against	ADP
ftr-471	1193	15	income	income	NOUN
ftr-471	1193	16	-	-	PUNCT
ftr-471	1193	17	shifting	shifting	NOUN
ftr-471	1193	18	,	,	PUNCT
ftr-471	1193	19	its	its	PRON
ftr-471	1193	20	potential	potential	ADJ
ftr-471	1193	21	benefits	benefit	NOUN
ftr-471	1193	22	are	be	AUX
ftr-471	1193	23	undermined	undermine	VERB
ftr-471	1193	24	by	by	ADP
ftr-471	1193	25	complexity	complexity	NOUN
ftr-471	1193	26	and	and	CCONJ
ftr-471	1193	27	noncompliance	noncompliance	NOUN
ftr-471	1193	28	.	.	PUNCT
ftr-471	1194	1	some	some	DET
ftr-471	1194	2	commentators	commentator	NOUN
ftr-471	1194	3	assert	assert	VERB
ftr-471	1194	4	that	that	SCONJ
ftr-471	1194	5	the	the	DET
ftr-471	1194	6	"	"	PUNCT
ftr-471	1194	7	futile	futile	ADJ
ftr-471	1194	8	attack	attack	NOUN
ftr-471	1194	9	"	"	PUNCT
ftr-471	1194	10	on	on	ADP
ftr-471	1194	11	income	income	NOUN
ftr-471	1194	12	-	-	PUNCT
ftr-471	1194	13	shifting	shift	VERB
ftr-471	1194	14	could	could	AUX
ftr-471	1194	15	be	be	AUX
ftr-471	1194	16	abandoned	abandon	VERB
ftr-471	1194	17	if	if	SCONJ
ftr-471	1194	18	section	section	NOUN
ftr-471	1194	19	751(b	751(b	PROPN
ftr-471	1194	20	)	)	PUNCT
ftr-471	1194	21	were	be	AUX
ftr-471	1194	22	simply	simply	ADV
ftr-471	1194	23	repealed	repeal	VERB
ftr-471	1194	24	.	.	PUNCT
ftr-471	1194	25	"	"	PUNCT
ftr-471	1195	1	although	although	SCONJ
ftr-471	1195	2	the	the	DET
ftr-471	1195	3	rationale	rationale	NOUN
ftr-471	1195	4	for	for	ADP
ftr-471	1195	5	retaining	retain	VERB
ftr-471	1195	6	section	section	NOUN
ftr-471	1195	7	751(b	751(b	PROPN
ftr-471	1195	8	)	)	PUNCT
ftr-471	1195	9	in	in	ADP
ftr-471	1195	10	its	its	PRON
ftr-471	1195	11	present	present	ADJ
ftr-471	1195	12	form	form	NOUN
ftr-471	1195	13	is	be	AUX
ftr-471	1195	14	hardly	hardly	ADV
ftr-471	1195	15	compelling	compelling	ADJ
ftr-471	1195	16	,	,	PUNCT
ftr-471	1195	17	expanded	expand	VERB
ftr-471	1195	18	section	section	NOUN
ftr-471	1195	19	751(b)-type	751(b)-type	NOUN
ftr-471	1195	20	treatment	treatment	NOUN
ftr-471	1195	21	for	for	ADP
ftr-471	1195	22	all	all	DET
ftr-471	1195	23	non	non	ADJ
ftr-471	1195	24	-	-	ADJ
ftr-471	1195	25	pro	pro	ADJ
ftr-471	1195	26	rata	rata	ADJ
ftr-471	1195	27	distributions	distribution	NOUN
ftr-471	1195	28	of	of	ADP
ftr-471	1195	29	partnership	partnership	NOUN
ftr-471	1195	30	assets	asset	NOUN
ftr-471	1195	31	would	would	AUX
ftr-471	1195	32	help	help	VERB
ftr-471	1195	33	to	to	PART
ftr-471	1195	34	curb	curb	VERB
ftr-471	1195	35	excessive	excessive	ADJ
ftr-471	1195	36	deferral	deferral	NOUN
ftr-471	1195	37	.	.	PUNCT
ftr-471	1196	1	because	because	SCONJ
ftr-471	1196	2	partnerships	partnership	NOUN
ftr-471	1196	3	are	be	AUX
ftr-471	1196	4	already	already	ADV
ftr-471	1196	5	generally	generally	ADV
ftr-471	1196	6	required	require	VERB
ftr-471	1196	7	to	to	PART
ftr-471	1196	8	revalue	revalue	VERB
ftr-471	1196	9	property	property	NOUN
ftr-471	1196	10	in	in	ADP
ftr-471	1196	11	connection	connection	NOUN
ftr-471	1196	12	with	with	ADP
ftr-471	1196	13	relinquishment	relinquishment	NOUN
ftr-471	1196	14	of	of	ADP
ftr-471	1196	15	a	a	DET
ftr-471	1196	16	partner	partner	NOUN
ftr-471	1196	17	's	's	PART
ftr-471	1196	18	interest	interest	NOUN
ftr-471	1196	19	,	,	PUNCT
ftr-471	1196	20	existing	exist	VERB
ftr-471	1196	21	section	section	NOUN
ftr-471	1196	22	704(c	704(c	NOUN
ftr-471	1196	23	)	)	PUNCT
ftr-471	1196	24	principles	principle	NOUN
ftr-471	1196	25	could	could	AUX
ftr-471	1196	26	be	be	AUX
ftr-471	1196	27	adapted	adapt	VERB
ftr-471	1196	28	to	to	PART
ftr-471	1196	29	accomplish	accomplish	VERB
ftr-471	1196	30	this	this	DET
ftr-471	1196	31	goal	goal	NOUN
ftr-471	1196	32	.	.	PUNCT
ftr-471	1197	1	if	if	SCONJ
ftr-471	1197	2	more	more	ADJ
ftr-471	1197	3	thoroughgoing	thoroughgoe	VERB
ftr-471	1197	4	reform	reform	NOUN
ftr-471	1197	5	is	be	AUX
ftr-471	1197	6	considered	consider	VERB
ftr-471	1197	7	desirable	desirable	ADJ
ftr-471	1197	8	,	,	PUNCT
ftr-471	1197	9	the	the	DET
ftr-471	1197	10	andrews	andrews	PROPN
ftr-471	1197	11	proposals	proposal	NOUN
ftr-471	1197	12	offer	offer	VERB
ftr-471	1197	13	a	a	DET
ftr-471	1197	14	promising	promising	ADJ
ftr-471	1197	15	avenue	avenue	NOUN
ftr-471	1197	16	for	for	ADP
ftr-471	1197	17	those	those	PRON
ftr-471	1197	18	who	who	PRON
ftr-471	1197	19	seek	seek	VERB
ftr-471	1197	20	to	to	PART
ftr-471	1197	21	refine	refine	VERB
ftr-471	1197	22	and	and	CCONJ
ftr-471	1197	23	improve	improve	VERB
ftr-471	1197	24	the	the	DET
ftr-471	1197	25	existing	exist	VERB
ftr-471	1197	26	nonrecognition	nonrecognition	NOUN
ftr-471	1197	27	regime	regime	NOUN
ftr-471	1197	28	.	.	PUNCT
ftr-471	1198	1	while	while	SCONJ
ftr-471	1198	2	the	the	DET
ftr-471	1198	3	1954	1954	NUM
ftr-471	1198	4	code	code	NOUN
ftr-471	1198	5	drafters	drafter	NOUN
ftr-471	1198	6	viewed	view	VERB
ftr-471	1198	7	flexibility	flexibility	NOUN
ftr-471	1198	8	as	as	ADP
ftr-471	1198	9	a	a	DET
ftr-471	1198	10	hallmark	hallmark	NOUN
ftr-471	1198	11	of	of	ADP
ftr-471	1198	12	subchapter	subchapter	NOUN
ftr-471	1198	13	k	k	PROPN
ftr-471	1198	14	,	,	PUNCT
ftr-471	1198	15	critics	critic	NOUN
ftr-471	1198	16	have	have	AUX
ftr-471	1198	17	recently	recently	ADV
ftr-471	1198	18	expressed	express	VERB
ftr-471	1198	19	concern	concern	NOUN
ftr-471	1198	20	that	that	SCONJ
ftr-471	1198	21	such	such	ADJ
ftr-471	1198	22	flexibility	flexibility	NOUN
ftr-471	1198	23	creates	create	VERB
ftr-471	1198	24	a	a	DET
ftr-471	1198	25	need	need	NOUN
ftr-471	1198	26	for	for	ADP
ftr-471	1198	27	anti	anti	ADJ
ftr-471	1198	28	-	-	ADJ
ftr-471	1198	29	abuse	abuse	ADJ
ftr-471	1198	30	rules	rule	NOUN
ftr-471	1198	31	.	.	PUNCT
ftr-471	1199	1	moreover	moreover	ADV
ftr-471	1199	2	,	,	PUNCT
ftr-471	1199	3	as	as	SCONJ
ftr-471	1199	4	illustrated	illustrate	VERB
ftr-471	1199	5	by	by	ADP
ftr-471	1199	6	the	the	DET
ftr-471	1199	7	recent	recent	ADJ
ftr-471	1199	8	experience	experience	NOUN
ftr-471	1199	9	with	with	ADP
ftr-471	1199	10	the	the	DET
ftr-471	1199	11	section	section	NOUN
ftr-471	1199	12	701	701	NUM
ftr-471	1199	13	regulations	regulation	NOUN
ftr-471	1199	14	,	,	PUNCT
ftr-471	1199	15	such	such	ADJ
ftr-471	1199	16	rules	rule	NOUN
ftr-471	1199	17	may	may	AUX
ftr-471	1199	18	be	be	AUX
ftr-471	1199	19	complex	complex	ADJ
ftr-471	1199	20	and	and	CCONJ
ftr-471	1199	21	imprecise	imprecise	ADV
ftr-471	1199	22	at	at	ADP
ftr-471	1199	23	the	the	DET
ftr-471	1199	24	same	same	ADJ
ftr-471	1199	25	time	time	NOUN
ftr-471	1199	26	.	.	PUNCT
ftr-471	1200	1	if	if	SCONJ
ftr-471	1200	2	subchapter	subchapter	NOUN
ftr-471	1200	3	k	k	PROPN
ftr-471	1200	4	is	be	AUX
ftr-471	1200	5	viewed	view	VERB
ftr-471	1200	6	as	as	ADP
ftr-471	1200	7	"	"	PUNCT
ftr-471	1200	8	an	an	DET
ftr-471	1200	9	impenetrable	impenetrable	ADJ
ftr-471	1200	10	tax	tax	NOUN
ftr-471	1200	11	-	-	PUNCT
ftr-471	1200	12	avoidance	avoidance	NOUN
ftr-471	1200	13	machine	machine	NOUN
ftr-471	1200	14	,	,	PUNCT
ftr-471	1200	15	'	'	PUNCT
ftr-471	1200	16	'	'	PUNCT
ftr-471	1200	17	"	"	PUNCT
ftr-471	1200	18	"	"	PUNCT
ftr-471	1200	19	1	1	NUM
ftr-471	1200	20	eliminating	eliminate	VERB
ftr-471	1200	21	nonrecognition	nonrecognition	NOUN
ftr-471	1200	22	treatment	treatment	NOUN
ftr-471	1200	23	may	may	AUX
ftr-471	1200	24	seem	seem	VERB
ftr-471	1200	25	to	to	PART
ftr-471	1200	26	offer	offer	VERB
ftr-471	1200	27	the	the	DET
ftr-471	1200	28	only	only	ADJ
ftr-471	1200	29	satisfactory	satisfactory	ADJ
ftr-471	1200	30	solution	solution	NOUN
ftr-471	1200	31	to	to	ADP
ftr-471	1200	32	existing	exist	VERB
ftr-471	1200	33	anomalies	anomaly	NOUN
ftr-471	1200	34	in	in	ADP
ftr-471	1200	35	the	the	DET
ftr-471	1200	36	partnership	partnership	NOUN
ftr-471	1200	37	distribution	distribution	NOUN
ftr-471	1200	38	rules	rule	NOUN
ftr-471	1200	39	.	.	PUNCT
ftr-471	1201	1	even	even	ADV
ftr-471	1201	2	such	such	DET
ftr-471	1201	3	a	a	DET
ftr-471	1201	4	radical	radical	ADJ
ftr-471	1201	5	change	change	NOUN
ftr-471	1201	6	is	be	AUX
ftr-471	1201	7	unlikely	unlikely	ADJ
ftr-471	1201	8	to	to	PART
ftr-471	1201	9	prove	prove	VERB
ftr-471	1201	10	satisfactory	satisfactory	ADJ
ftr-471	1201	11	,	,	PUNCT
ftr-471	1201	12	248	248	NUM
ftr-471	1201	13	.	.	PUNCT
ftr-471	1202	1	see	see	VERB
ftr-471	1202	2	mckee	mckee	PROPN
ftr-471	1202	3	et	et	PROPN
ftr-471	1202	4	al	al	PROPN
ftr-471	1202	5	.	.	PROPN
ftr-471	1202	6	,	,	PUNCT
ftr-471	1202	7	supra	supra	PROPN
ftr-471	1202	8	note	note	PROPN
ftr-471	1202	9	19	19	NUM
ftr-471	1202	10	,	,	PUNCT
ftr-471	1202	11	13.02[3][b	13.02[3][b	PROPN
ftr-471	1202	12	]	]	PUNCT
ftr-471	1202	13	,	,	PUNCT
ftr-471	1202	14	at	at	ADP
ftr-471	1202	15	13	13	NUM
ftr-471	1202	16	-	-	SYM
ftr-471	1202	17	17	17	NUM
ftr-471	1202	18	to	to	PART
ftr-471	1202	19	13	13	NUM
ftr-471	1202	20	-	-	SYM
ftr-471	1202	21	18	18	NUM
ftr-471	1202	22	.	.	PUNCT
ftr-471	1203	1	249	249	NUM
ftr-471	1203	2	.	.	PUNCT
ftr-471	1204	1	see	see	VERB
ftr-471	1204	2	generally	generally	ADV
ftr-471	1204	3	berger	berger	PROPN
ftr-471	1204	4	,	,	PUNCT
ftr-471	1204	5	supra	supra	PROPN
ftr-471	1204	6	note	note	PROPN
ftr-471	1204	7	11	11	NUM
ftr-471	1204	8	;	;	PUNCT
ftr-471	1204	9	gergen	gergen	X
ftr-471	1204	10	,	,	PUNCT
ftr-471	1204	11	contributions	contribution	NOUN
ftr-471	1204	12	and	and	CCONJ
ftr-471	1204	13	distributions	distribution	NOUN
ftr-471	1204	14	,	,	PUNCT
ftr-471	1204	15	supra	supra	PROPN
ftr-471	1204	16	note	note	PROPN
ftr-471	1204	17	5	5	NUM
ftr-471	1204	18	;	;	PUNCT
ftr-471	1204	19	gergen	gergen	X
ftr-471	1204	20	,	,	PUNCT
ftr-471	1204	21	special	special	ADJ
ftr-471	1204	22	allocations	allocation	NOUN
ftr-471	1204	23	,	,	PUNCT
ftr-471	1204	24	supra	supra	PROPN
ftr-471	1204	25	note	note	NOUN
ftr-471	1204	26	232	232	NUM
ftr-471	1204	27	.	.	PUNCT
ftr-471	1204	28	250	250	NUM
ftr-471	1204	29	.	.	PUNCT
ftr-471	1205	1	see	see	VERB
ftr-471	1205	2	,	,	PUNCT
ftr-471	1205	3	e.g.	e.g.	ADV
ftr-471	1205	4	,	,	PUNCT
ftr-471	1205	5	eustice	eustice	NOUN
ftr-471	1205	6	,	,	PUNCT
ftr-471	1205	7	supra	supra	PROPN
ftr-471	1205	8	note	note	NOUN
ftr-471	1205	9	10	10	NUM
ftr-471	1205	10	,	,	PUNCT
ftr-471	1205	11	at	at	ADP
ftr-471	1205	12	383	383	NUM
ftr-471	1205	13	-	-	SYM
ftr-471	1205	14	84	84	NUM
ftr-471	1205	15	.	.	PUNCT
ftr-471	1206	1	251	251	NUM
ftr-471	1206	2	.	.	PUNCT
ftr-471	1206	3	steines	steine	NOUN
ftr-471	1206	4	,	,	PUNCT
ftr-471	1206	5	unneeded	unneeded	ADJ
ftr-471	1206	6	reform	reform	NOUN
ftr-471	1206	7	,	,	PUNCT
ftr-471	1206	8	supra	supra	PROPN
ftr-471	1206	9	note	note	NOUN
ftr-471	1206	10	5	5	NUM
ftr-471	1206	11	,	,	PUNCT
ftr-471	1206	12	at	at	ADP
ftr-471	1206	13	245	245	NUM
ftr-471	1206	14	.	.	PUNCT
ftr-471	1207	1	[	[	X
ftr-471	1207	2	vol	vol	NOUN
ftr-471	1207	3	3:12	3:12	NUM
ftr-471	1207	4	partnership	partnership	NOUN
ftr-471	1207	5	distributions	distribution	NOUN
ftr-471	1207	6	:	:	PUNCT
ftr-471	1207	7	options	option	NOUN
ftr-471	1207	8	for	for	ADP
ftr-471	1207	9	reform	reform	NOUN
ftr-471	1207	10	however	however	ADV
ftr-471	1207	11	,	,	PUNCT
ftr-471	1207	12	since	since	SCONJ
ftr-471	1207	13	other	other	ADJ
ftr-471	1207	14	features	feature	NOUN
ftr-471	1207	15	of	of	ADP
ftr-471	1207	16	subchapter	subchapter	NOUN
ftr-471	1207	17	k	k	PROPN
ftr-471	1207	18	might	might	AUX
ftr-471	1207	19	be	be	AUX
ftr-471	1207	20	exploited	exploit	VERB
ftr-471	1207	21	to	to	PART
ftr-471	1207	22	subvert	subvert	VERB
ftr-471	1207	23	a	a	DET
ftr-471	1207	24	recognition	recognition	NOUN
ftr-471	1207	25	rule	rule	NOUN
ftr-471	1207	26	.	.	PUNCT
ftr-471	1208	1	while	while	SCONJ
ftr-471	1208	2	some	some	DET
ftr-471	1208	3	reformers	reformer	NOUN
ftr-471	1208	4	may	may	AUX
ftr-471	1208	5	relish	relish	VERB
ftr-471	1208	6	the	the	DET
ftr-471	1208	7	prospect	prospect	NOUN
ftr-471	1208	8	of	of	ADP
ftr-471	1208	9	curtailing	curtail	VERB
ftr-471	1208	10	the	the	DET
ftr-471	1208	11	flexibility	flexibility	NOUN
ftr-471	1208	12	of	of	ADP
ftr-471	1208	13	subchapter	subchapter	NOUN
ftr-471	1208	14	k	k	PROPN
ftr-471	1208	15	,	,	PUNCT
ftr-471	1208	16	others	other	NOUN
ftr-471	1208	17	believe	believe	VERB
ftr-471	1208	18	that	that	DET
ftr-471	1208	19	subchapter	subchapter	NOUN
ftr-471	1208	20	k	k	NOUN
ftr-471	1208	21	"	"	PUNCT
ftr-471	1208	22	for	for	ADP
ftr-471	1208	23	the	the	DET
ftr-471	1208	24	most	most	ADJ
ftr-471	1208	25	part	part	NOUN
ftr-471	1208	26	,	,	PUNCT
ftr-471	1208	27	has	have	VERB
ftr-471	1208	28	it	it	PRON
ftr-471	1208	29	right	right	ADJ
ftr-471	1208	30	'	'	PUNCT
ftr-471	1208	31	252	252	NUM
ftr-471	1208	32	and	and	CCONJ
ftr-471	1208	33	that	that	SCONJ
ftr-471	1208	34	only	only	ADV
ftr-471	1208	35	incremental	incremental	ADJ
ftr-471	1208	36	reform	reform	NOUN
ftr-471	1208	37	is	be	AUX
ftr-471	1208	38	needed	need	VERB
ftr-471	1208	39	.	.	PUNCT
ftr-471	1209	1	for	for	ADP
ftr-471	1209	2	many	many	ADJ
ftr-471	1209	3	-	-	PUNCT
ftr-471	1209	4	perhaps	perhaps	ADV
ftr-471	1209	5	most	most	ADJ
ftr-471	1209	6	-	-	PUNCT
ftr-471	1209	7	reformers	reformer	NOUN
ftr-471	1209	8	,	,	PUNCT
ftr-471	1209	9	the	the	DET
ftr-471	1209	10	main	main	ADJ
ftr-471	1209	11	challenge	challenge	NOUN
ftr-471	1209	12	is	be	AUX
ftr-471	1209	13	to	to	PART
ftr-471	1209	14	make	make	VERB
ftr-471	1209	15	simplified	simplified	ADJ
ftr-471	1209	16	forms	form	NOUN
ftr-471	1209	17	of	of	ADP
ftr-471	1209	18	business	business	NOUN
ftr-471	1209	19	taxation	taxation	NOUN
ftr-471	1209	20	available	available	ADJ
ftr-471	1209	21	to	to	ADP
ftr-471	1209	22	those	those	PRON
ftr-471	1209	23	who	who	PRON
ftr-471	1209	24	need	need	VERB
ftr-471	1209	25	them	they	PRON
ftr-471	1209	26	most	most	ADJ
ftr-471	1209	27	,	,	PUNCT
ftr-471	1209	28	while	while	SCONJ
ftr-471	1209	29	preserving	preserve	VERB
ftr-471	1209	30	the	the	DET
ftr-471	1209	31	structure	structure	NOUN
ftr-471	1209	32	of	of	ADP
ftr-471	1209	33	subchapter	subchapter	NOUN
ftr-471	1209	34	k	k	PROPN
ftr-471	1209	35	for	for	ADP
ftr-471	1209	36	those	those	PRON
ftr-471	1209	37	who	who	PRON
ftr-471	1209	38	desire	desire	VERB
ftr-471	1209	39	its	its	PRON
ftr-471	1209	40	flexibility	flexibility	NOUN
ftr-471	1209	41	and	and	CCONJ
ftr-471	1209	42	accuracy	accuracy	NOUN
ftr-471	1209	43	.	.	PUNCT
ftr-471	1210	1	although	although	SCONJ
ftr-471	1210	2	no	no	DET
ftr-471	1210	3	single	single	ADJ
ftr-471	1210	4	approach	approach	NOUN
ftr-471	1210	5	is	be	AUX
ftr-471	1210	6	likely	likely	ADJ
ftr-471	1210	7	to	to	PART
ftr-471	1210	8	command	command	VERB
ftr-471	1210	9	unanimous	unanimous	ADJ
ftr-471	1210	10	support	support	NOUN
ftr-471	1210	11	,	,	PUNCT
ftr-471	1210	12	the	the	DET
ftr-471	1210	13	current	current	ADJ
ftr-471	1210	14	proposals	proposal	NOUN
ftr-471	1210	15	represent	represent	VERB
ftr-471	1210	16	a	a	DET
ftr-471	1210	17	solid	solid	ADJ
ftr-471	1210	18	foundation	foundation	NOUN
ftr-471	1210	19	for	for	ADP
ftr-471	1210	20	future	future	ADJ
ftr-471	1210	21	reform	reform	NOUN
ftr-471	1210	22	.	.	PUNCT
ftr-471	1211	1	252	252	NUM
ftr-471	1211	2	.	.	PUNCT
ftr-471	1212	1	kurtz	kurtz	PROPN
ftr-471	1212	2	,	,	PUNCT
ftr-471	1212	3	supra	supra	PROPN
ftr-471	1212	4	note	note	NOUN
ftr-471	1212	5	2	2	NUM
ftr-471	1212	6	,	,	PUNCT
ftr-471	1212	7	at	at	ADP
ftr-471	1212	8	821	821	NUM
ftr-471	1212	9	.	.	PUNCT
ftr-471	1212	10	19981	19981	NUM