How should they structure the transaction, Taxation

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How should they structure the transaction

Problem

A and B, both dealers in real estate, find a parcel of land to purchase for $100,000 as an investment. They believe it can be sold in 2 years for $200,000. They either will buy the land as tenants-in-common for $100,000 and jointly contribute it to a partnership or contribute $50,000 each to an equal partnership, which then will buy the land.

How should they structure the transaction? And Why?

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Taxation: How should they structure the transaction

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