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A mother is trying to decide which of the two assets listed below to give to her adult daughter.. Asset FMV. adjusted basis annual net

A mother is trying to decide which of the two assets listed below to give to her adult daughter..

Asset FMV. adjusted basis annual

net

income

Apartment. $600,000. $400,00. (10,000)

Bonds. 600,000. 30,000. 80,000

The mother's marginal income tax rate exceeds her daughter's . Describe the pros and cons of giving each of the two properties. which options would be preferable?

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