Answer: B. Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2.
Explanation:
Based on the information given, since the value of the LLC's capital equals $180,000 after Cory receives his one-third capital interest, Cory will report (⅓ × $180000) = $60,000 of ordinary income in X2.
Also, Adam and Jason will receive an ordinary deduction of $30,000 in X2. The sentence that "Adam, Jason, and Cory receive an ordinary deduction of $20,000 in X2" is wrong. They do not get sane amount as Cory gets a higher amount.
Answer:
The most commonly heard red fox vocalizations are a quick series of barks, and a scream-y variation on a howl. All fox vocalizations are higher-pitched than dog vocalizations, partly because foxes are much smaller.
Explanation:
Hope this helps ✌
Answer:
yes D is the correct answer
D.) The EPA
The United<span> States Environmental Protection Agency(EPA)</span><span> is an agency made by the </span>federal<span> government of the </span>United<span> States for the purpose of protecting human health and the environment by writing and enforcing regulations based on laws passed by Congress.</span>
Answer:
False
Explanation:
An appurtenant easement gives the right to use adjoining property for a specific purpose, and it is transferred to the following owner of the dominant estate automatically.
An easement in gross gives a third party a right to use another person's land. The easement in gross is valid until the owner or the land dies or the owner of the easement dies. An easement in gross can be apportioned to others by the owner of the land, therefore it can be transferred.
