What is tia basis as the survivor in this property

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Question - Ted owned property that he alone purchased for $400,000. Five years before is death, he placed his sister, Tia, as a joint tenant with right of survivorship on the property. Ted died and the property was worth $600,000 at the time of his death. What is Tia's basis as the survivor in this property?

Reference no: EM133008679

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