Beatrice and Renaldo Kreeb live in a common law state and their home is titled in Renaldo's name. The land is worth $$200,000.$ The basis in the property is $$450,000.$ Renaldo is considering placing the home in a QPRT and naming the couple's four children as the remainder beneficiaries. The value of the home is $$1,100,000$ and Renaldo's retained interest is $$448,000.$ What would Renaldo's total taxable gift be for this transfer?A$.$$$448,000$B$.$$$580,000$C$.$$$652,000$D$.$$$1,100,000$