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Example: T sells depreciable property with a $10,000 basis to his related company. "['he sale terms are $2,000 down and a percentage of the company's profits over the next four years.
The 24,000 s/f multi-tenanted building is managed and leased by GHP Office Realty, LLC, a related company to Houlihan-Parnes/iCap Realty Advisors, LLC.
In related company news, Penton has merged its Technology Media and Lifestyle Media divisions into a new division called Penton Technology & Lifestyle Media division.