Jason Holt has owned a number of rental properties for many years. The rental properties are used for \ residential purposes. Jason has been married to Geena Holt for fve years. Their prenuptial agreement \ requires Jason to gift a rental property to Geena on each ffth anniversary of their marriage.\ On January 1, 2023, as required by their prenuptial agreement, Jason gifts one of the rental proper-ties to Geena. Information on this property is as follows:\ Land Building\ Original cost (ACB) $123,000 $387,000\ FMVDate of transfer 167,000 426,000\ UCC balanceDate of transfer N/A 299,772\ In 2023, the rental income, before the deduction of CCA, is $23,451. Geena plans to claim maxi-mum CCA.\ On January 1, 2024, after concluding that other investments would provide a better return, \ Geena sells the rental property for $650,000. At this time, an appraisal indicates that the FMV of \ the land has increased to $175,000, leaving $475,000 ($650,000 - $175,000) attributable to the \ building.