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At his death Jose owned real estate worth $ 2 2 million but subject to a mortgage of $ 7 million. Which of the following

At his death Jose owned real estate worth $

22

million but subject to a mortgage of $

7

million. Which of the following is a true statement?

Multiple Choice

22

million is included in Jose's gross estate.

15

million is included in Jose's gross estate.

The $

7

million mortgage must be paid by Jose's estate.

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