Required: Discuss the CGT consequences regarding Katie selling the 2 houses. Where applicable, discuss if the 50% discount is available (4 marks). Katie's brother died in March 2020, and as a result, at that time, she inherited the following assets from her brother: A house (House A) purchased by her brother in June 2010, which had been used by her brother as his main residence. In her brother's hands, the cost base was $400,000. Market value in March 2020 was $1,000,000. A house (House B) purchased by her brother in July 2012 and used by him as an investment property. In her brother's hands, the cost base was $700,000. Market value during March 2020 was $800,000. Katie initially rents out both houses, and then makes the following sales during January 2021: House A: sold for $1,100,000 House B: sold for $950,000