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8 2 pts Ada bought a SFH for $100,000 in 1975. This year FMV of the house is $800,000. Ada's daughter Cindy and her husband
8 2 pts Ada bought a SFH for $100,000 in 1975. This year FMV of the house is $800,000. Ada's daughter Cindy and her husband Josh want to buy a house but they cannot afford it. Ada would like to help them. She is considering several options: 1. Gift the house to Cindy 2. Sell the house on market and gift part of the proceeds to Cindy for down payment of their primary home 3. Let Cindy inherit the house later 4. Sell the house to Cindy at a price much lower than FMV Which is the most tax efficient option? option 1 option 2 option 4 O option 3
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