In July, Lily gives Jos a house (basis of $200,000; fair market value of $650,000) to be

In July, Lily gives José a house (basis of $200,000; fair market value of $650,000) to be used as his personal residence. Before his death 11 months later, José installs a tennis court in the backyard at a cost of $25,000. The residence is worth $670,000 when José dies. Determine the income tax basis of the property to Lily, who received the house back under terms of José’s will.