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The donee's basis in depreciated property (when the FMV at the time of the gift is less than the donor's basis)is FMV at the time of the gift.
Core Principles
Fundamental beliefs or values that serve as the foundation for an organization, individual's actions, or the functioning of a system.
Professional Selling
The activity or profession of selling products or services in a manner that upholds high standards of business ethics, customer service, and product knowledge.
Need-Satisfaction Presentation
A flexible, interactive type of presentation in which a prospect’s needs are thoroughly discussed.
Need-Awareness Phase
The initial stage in the buying process where a potential buyer becomes aware of a need or problem that requires a solution.
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