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The Term "Outside Basis" Refers to the Partnership's Basis in Its

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The term "outside basis" refers to the partnership's basis in its assets; whereas, the term "inside basis" refers an individual partner's basis in her partnership interest.


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Desires or thoughts that reside in the unconscious mind, influencing behavior without one's awareness.

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A stimulant and addictive substance found in tobacco, responsible for the dependency-forming properties of tobacco smoking.

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