1. While rummaging through your grandfather's attic, you came across a rare civil war document: An official letter by Lincoln to one of his generals. You engaged Sotheby's Auction House and sold the document for $100,000. What is your tax liability? 2. Your aging uncle is in poor health. He owns several rental buildings and a large stock portfolio, all of which he bought many years ago. Unfortunately, both the rentals and the stocks have lost over half its value due to recent market crashes . As a sole beneficiary of his estate, how would you advise your dear uncle