Sara and Tom jointly own their home. Sara transferred her interest in the home to Tom as part of their property settlement when they divorced last year. Sara and Tom$$s adjusted basis in the property is $$100,000$ each. Which statement is true?

A$.$ After the transfer, Tom$$s basis remains $$100,000.$

B$.$ After the transfer, Tom$$s basis increased to $$200,000.$

C$.$ Sara has to report the transfer and gain, if any, on her tax return in the year of the divorce.

D$.$ Sara retains her basis and must report the gain or loss on her return in the year when Tom sells the home.