Nell and Kirby are in the process of negotiating their divorce agreement, to be finalized in $2024.$ What should be the tax consequences to Nell and Kirby if the following, considered individually, became part of the agreement?

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a$.$ In consideration for her one$-$half interest in their personal residence, Kirby will transfer to Nell stock with a value of $$200,000$ and $$50,000$ of cash. Kirby's cost of the stock was $$150,000,$ and the value of the personal residence is $$500,000.$ They purchased the residence three years ago for $$300,000.$