âHastenâ or âspeed upâ, not âfastenâ. If it is a check you wrote on a BofA account to someone else, the issue may be that they have not deposited the check yet. Once deposited, most checks clear in one day as banks use electronic images of the checks, not the actual checks, to clear them.
B. Sec. 351 Transfers Basis of Property Received by Corporation. 1. The corporation s basis in the property received is determined as follows: 2. Figure 1 presents a variety of transactions involving Sec. 351 transfers.Gain computations and basis computations are included. Review these examples carefully.he corporation s basis in the property received is determined as follows: 2. Figure 1 presents a variety of transactions involving Sec. 351 transfers. Gain computations and basis computations are included.
Share on Facebook. An unsecured debt is an obligation or debt that does not have specific property (like your house or car) serving as collateral for payment of the debt. If you fail to make payment on an unsecured debt, the creditor cannot take any of your property without first suing you and getting a court judgment. (There are a few exceptions to this rule.) A secured debt, on the other hand, has a piece of property serving as collateral for the debt. If you fail to make payments, the creditor can take the property. Common types of unsecured debts include: most department store and other credit card charges.