Uncle Bill gave his niece Jill a condo, with a fair market value of $250,000 and the basis of $100,000 , paying gift tax of $97,500 . A total of $58,500 of the gift tax what is attributable to the net appreciation element of the gift ( The difference between the donors adjusted basis and the fair market value at the time of the gift ). How much is Jill's basis in the home for purposes of figuring gain I need subsequent sale ? A.). 100K, B.). $158,500 C.). $197,500, or D.). $250,000