When might you expect to see a "substituted" or "transferred" or "carry-over" basis in property?...

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Accounting

When might you expect to see a "substituted" or "transferred" or "carry-over" basis in property?
In the case of a gift, but not in the case of an inheritance
In the case of an inheritance, but not in the case of a gift
In the case of a gift and in the case of an inheritance
Neither in the case of a gift nor in the case of an inheritance
In any case where property is transferred for any reason
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