If Slicenhook distributes the assets proposed by Carrie and Doug in complete liquidation of Reeds...
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If Slicenhook distributes the assets proposed by Carrie and Doug in complete liquidation of Reeds partnership interest, what are the amount and character of Reeds recognized gain or loss? What is Reeds basis in the distributed assets? 
If Slicenhook distributes the assets proposed by Carrie and Doug in complete liquidation of Reeds partnership interest, what are the amount and character of Reeds recognized gain or loss? What is Reeds basis in the distributed assets?
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