A donor owns three lots, each worth $100,000, each with a $10,000 cost basis, and each with

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A donor owns three lots, each worth $100,000, each with a $10,000 cost basis, and each with $50,000 of debt. What is the capital gain if the donor gives two of these lots to a charity along with the mortgage debt? $0 $20,000 $80,000 $90,000 $100,000

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A donor owns three lots, each worth $100,000, each with a $10,000 cost basis, and each with

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