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If a couple divorced in June 2009. Pursuant to the divorce decree. The husband is obligated to perform as follows: transfer title of their personal...

If a couple divorced in June 2009. Pursuant to the divorce decree. The husband is obligated to perform as follows: transfer title of their personal home to the wife. They purchased the house in 1992 and their basis today is $400.000. The fair market value of the house is $500,000. The house is subject to a 25 year, $250,000 mortgage.

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