relevant basis
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 170 — for purposes of this section
The term "relevant basis" means, with respect to any partner, the portion of such partner's modified basis in the partnership which is allocable (under rules similar to the rules of section 755) to the portion of the real property with respect to which the contribution described in subparagraph (A) is made.