1.Mark and Tara are brother and sister. They own a rental property at tenants in common for which they paid $150,000. Mark owns of the property. At the time of his death, it is worth $400,000.

A. How much will be included in his estate? What basis will Tara take in the property (assuming that it is left to her in the will)?

B. Same facts as above, except that they hold the property as joint tenants with right of survivorship. How much will be included in Mark's estate now? What basis will Tara take in the property?

C. Same facts as above, except that Mark and Tara aren't brother and sister, but rather are married and live in a common law state. How much will be included in Mark's estate now? What basis will Tara take in the property?

D. Same facts as above, except that Mark and Tara aren't brother and sister, but rather are married and live in a community property state. How much will be included in Mark's estate now? What basis will Tara take in the property?