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2. Stuart owns land with an adjusted basis of $190,000 and a fair market value of $500,000. It is anticipated the value of the land

2. Stuart owns land with an adjusted basis of $190,000 and a fair market value of $500,000. It is anticipated the value of the land will increase in the future. Stuart wants the property to go to his nephew, Alex. Is it better for Alex to receive the land by gift or by inheritance? Explain your answer.

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