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Reconsider the facts of problem 46 above. assume that matt received neither properties 2 or 3 from the partnership. instead, he received property 1, subject to the entire $126,000 partnership mortgage. he assumed responsibility for the mortgage in connection with the distribution. a. what will be matt’s interest in the partnership after the distribution (i e., the distribution will change matt’s interest from one-third to what
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Reconsider the facts of problem 46 above. assume that matt received neither properties 2 or 3 from t...
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