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As part of the property settlement related to their divorce, Bebe must give Keyon the house that they have been living in , while she

As part of the property settlement related to their divorce, Bebe must give Keyon the house that they have been living in, while she gets 100 percent of their savings accounts. The house in southern California was purchased 20 years ago for $90,000 and is now worth $700,000.
If an amount is zero, enter "0".
How much gain must Bebe recognize on the transfer of the house to Keyon?
fill in the blank 1 of 1$
What is Keyon's tax basis in the house for calculating tax on any future sale of the house?
fill in the blank 1 of 1$

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