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QUESTION
Under the terms of a divorce decree executed May 1, 2013, Ahmed transferred a house worth $650,000 to his ex-wife, Farah, and was to make alimony...
53. Under the terms of a divorce decree executed May 1, 2013, Ahmed transferred a house worth $650,000 to his ex-wife, Farah, and was to make alimony payments of $3,000 per month. The property has a tax basis to Ahmed of $300,000.a.
