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29 Brittany and Brad have been married for 15 years. Ten years ago, they purchased a personal residence together for $500,000. They owned the home

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29 Brittany and Brad have been married for 15 years. Ten years ago, they purchased a personal residence together for $500,000. They owned the home jointly and have used it exclusively for personal use. This year, when the home was worth $800,000, Brittany passed away. Brad now owns 100% of the home. Which of the following is most accurate? 8 00:35:03 Multiple Choice if Brittany and Brad owned the home as community property with right of survivorship, Brad's tax lasis in the home $800,000 If Brittany and Brad owned the home as joint tenants, Brad's tax basis in the home is $800,000 If Brittany and Brad owned the home as community property with right of survivorship, Brad's tax basis in the home is $500,000 If Brittany and Brad owned the home as joint tenants, Brad's tax basis in the home is $500,000 There is not enough information to calculate the accumulated depreciation on the home 29 Brittany and Brad have been married for 15 years. Ten years ago, they purchased a personal residence together for $500,000. They owned the home jointly and have used it exclusively for personal use. This year, when the home was worth $800,000, Brittany passed away. Brad now owns 100% of the home. Which of the following is most accurate? 8 00:35:03 Multiple Choice if Brittany and Brad owned the home as community property with right of survivorship, Brad's tax lasis in the home $800,000 If Brittany and Brad owned the home as joint tenants, Brad's tax basis in the home is $800,000 If Brittany and Brad owned the home as community property with right of survivorship, Brad's tax basis in the home is $500,000 If Brittany and Brad owned the home as joint tenants, Brad's tax basis in the home is $500,000 There is not enough information to calculate the accumulated depreciation on the home

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