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Question 25 of 75. Emma died owning real estate with a value of $500,000. Emma received the property in 1994 as a gift from her

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Question 25 of 75. Emma died owning real estate with a value of $500,000. Emma received the property in 1994 as a gift from her mother Charlotte. At the time of the gin, the property was worth $250,000. Charlotte purchased the property in 1991 for $180,000. Upon Emma's death, the properly passed through inheritance to Jane. No estate tax return (Form 706) is de nied. Which of the following is true about the basis of the property? Emma's basis in the property before her death is $180,000, and Jane's basis in the property is $250,000 Emma's basis in the property before her death is $180,000, and Jane's basis in the property is $500,000 Emma's basis in the property before her death is $250,000, and Jane's basis in the property is $250,000 Emma's basis in the property before her death is $250,000, and Jane's basis is $500,000 Mark for follow up Which of the following can be taken into account when valuing publicly-traded stock? Ex-dividends. Restrictions on the stock. Blockage discount. O All of the above. Mark for follow up

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