Helene and pauline are twin sisters who are married thier

Reference no: EM13566965

Helene and Pauline are twin sisters who are married. Thier husbands died in a car accident. Helene and her husband jointly owned some farmland and same with Pauline and her husband. Both are valued at $940,000, cost of $450,000. Assume that all of thier property passes to their surviving wives. What is Helene's and Pauline's basis in the land? What causes the difference?

Reference no: EM13566965

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