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3. In 2021, Bob Brown's aunt Barbara gave him a house. At the time of the gift, the house had a fair market value of

3. In 2021, Bob Brown's aunt Barbara gave him a house. At the time of the gift, the house

had a fair market value of $195,000, the taxable gift was $180,000, and his aunt's

adjusted basis was $75,000. His aunt paid a gift tax of $30,000 on the house.

What is Bob's basis in the house for purposes of determining gain?

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