Depreciator is a shareholder of Redepreciation Corporation and own- W)'1 r its stock. Depredators Spouse owns 10% of the stock and their adult Son owns 10V The remaining stock is owned by unrelated persons. In the current year Depredator sells to Redepreciation for SI 10,000 a building used in Depre-ciliter's business and depreciated on the straight line method with a A 10.000 adjusted basis and an $80,000 value and the land underlying it with a $10,000 adjusted basis and >30,000 value. The building will be used in the business of Redepreciation. (a) What is the amount and character of the gain on the sale? b> What result if Spouse owns 20% of the stock, Son owns 20% and the remaining stock is owned by unrelated persons? What result if the sale is between Depreciator and a trust in which Depredator s Spouse is the income beneficiary? The trust 'will rent the property to a third party. iff What result in ie;, above, if the property was a vacation resident of Depreciator and spouse and they live in a rental apartment after the sale? A30,000 value. The building will be used in the business of Redepreciation. (a) What is the amount and character of the gain on the sale? b> What result if Spouse owns 20% of the stock, Son owns 20% and the remaining stock is owned by unrelated persons? What result if the sale is between Depreciator and a trust in which Depredator s Spouse is the income beneficiary? The trust 'will rent the property to a third party. iff What result in ie;, above, if the property was a vacation resident of Depreciator and spouse and they live in a rental apartment after the sale? A