Which is a pair of business entities, Accounting Basics

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Which is a pair of business entities

Problem

Two individuals are planning to start a business and need advice on selecting the appropriate form of entity. Their long-term business plan contemplates receiving future in-kind property distributions. Which is a pair of business entities each of which can make a distribution of appreciated property to its owners that would not be taxable to the business entity or to its owners?

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Accounting Basics: Which is a pair of business entities

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