75: Father owns an apartment building. The building produces $50,000 of rents each year. Father gives Son half of the building in year 2. Question 76 options: (A) Father has income tax liability for $25,000 the rents (B) Father has made a gift of $25,000 of the rents to the Son. (C) Son has no income because of Father's gift (D) Son has $25,000 income on that year's rents (E) A, and D are both correct