Question 1 of 75. Which of these types of account ownership is limited to spouses? O Joint tenancy with rights of survivorship O Payable on death Tenancy by the entirety Tenancy in common Mark for follow up Question 2 of 75. Jackie sold a plot of land (basis $10,000) on August 1, 2019 to Bob for $15,000. Bob paid $2,500 during 2019 and will pay $2,500 each year plus interest for the next six years. What is Jackie's taxable gain for 2019 using the installment method? 15.000 2500 10,ooo O $1,667 O $2,500 $5,000 O $833 Mark for follow up Question 3 of 75. What is the seller's gain on repossessed property with a fair market value of $14,000 on the date of repossession. where the seller's basis is $10,000, and the costs of repossession were $500? O Gain of $9,500 O Gain of $4,000 Gain of $3,500 Gain of $500 Question 1 of 75. Which of these types of account ownership is limited to spouses? O Joint tenancy with rights of survivorship O Payable on death Tenancy by the entirety Tenancy in common Mark for follow up Question 2 of 75. Jackie sold a plot of land (basis $10,000) on August 1, 2019 to Bob for $15,000. Bob paid $2,500 during 2019 and will pay $2,500 each year plus interest for the next six years. What is Jackie's taxable gain for 2019 using the installment method? 15.000 2500 10,ooo O $1,667 O $2,500 $5,000 O $833 Mark for follow up Question 3 of 75. What is the seller's gain on repossessed property with a fair market value of $14,000 on the date of repossession. where the seller's basis is $10,000, and the costs of repossession were $500? O Gain of $9,500 O Gain of $4,000 Gain of $3,500 Gain of $500