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Anike received property as part of an inheritance from her father who passed away on March 10, 2020. Her father purchased the property on July

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Anike received property as part of an inheritance from her father who passed away on March 10, 2020. Her father purchased the property on July 3, 2019, for $156,000. Anike sold the property on June 30, 2020 for $168,000. At the date of his death the property had a FMV of $154,000. What gain, if any, will Anike pick up on her return for 2020? Multiple Choice no gain is recognized on the sale of property sold within 1 year of inheritance $3,000 long-term goin $14.000 short-term gain $14.000 long-term goin

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