Problem 18-43 (LO. 4, 6, 7) Gordon purchased real estate for $900,000 and listed title to the property as "Gordon and Fawn, Joint tenants with right of survivorship." Gordon predeceases Fawn when the real estate is worth $2,900,000. Gordon and Fawn are married to each other. What are the gift and estate tax consequences? a. Gordon made a gift when the real estate was purchased of s 450,000 to Fawn. Feedback Check My Work b. Gordon's estate must includes 2,900,000 X as to the property. Feedback Check My Work