2.09.1 Partnership Operations and Partner's Taxable Income (5)

Question 問題、
On January 1, 2016, Thomas contributed real estate he held for investment to Fog Partnership, a dealer in real estate. The real estate had an adjusted basis to Thomas of $50,000 and a fair market value at the time of the transfer of $43,000. On June 1, 2018, Fog sold the real estate for $40,000. What are the amount and the character of the partnership's loss?

A. $3,000 capital loss; $7,000 ordinary loss.

B. $7,000 capital loss; $3,000 ordinary loss.

C. $10,000 ordinary loss; $0 capital loss.

D. $10,000 capital loss; $0 ordinary loss.

The correct answer is 正解は、[B. $7,000 capital loss; $3,000 ordinary loss.]
現物拠出された資産を7年以内に分配または売却した場合、拠出時の含み損益を拠出したパートナーが認識しなければならない（Sec. 704 special allocation：特別配分規定）。
Basis $50,000 - FMV $43,000 = $7,000 Thomasにのみ割り当て (Thomasは投資資産として保有していたのでcapital loss）
FMV $43,000 - Sold $40,000 = $3,000 パートナー全員へ割り当て（ディーラーなのでordinary loss）