Assertion: recapture | /r/CapableOf | recognize cumulative ordinary income
Facets:
value: from that property
type: OTHER
Source sentences:
text: In particular, the combination of remedial allocations of income and Section 1245 recapture can result in the partner that contributed appreciated property to the partnership recognizing more cumulative ordinary income from that property than with a structure that resulted in a Section 743 basis adjustment.