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Business, 26.06.2020 15:01 lhecker007

a. Janette and Lola, who are sisters, acquire an apartment building, ownership listed as joint tenancy with right of survivorship. Janette furnished $1,200,000 and Lola $800,000 of the $2,000,000 purchase price. Of the $800,000 provided by Lola, $200,000 had previously been received as a gift from Janette. When the property is worth $3,000,000, Janette died. What amount is included in Janette's gross estate

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a. Janette and Lola, who are sisters, acquire an apartment building, ownership listed as joint tenan...
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