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The holding period of property acquired by gift may begin on:

A. The date the property was acquired by the donor only.
B. The date of the gift only.
C. Either the date the property was acquired by the donor or the date of the gift.
D. The last day of the tax year in which the property was originally acquired by the donor.

Respuesta :

dybamoni39

Answer:

Step-by-step explanation:

shownubear1992

Answer:

The answer is C. Either the date the property was acquired by the donor or the date of the gift.

Step-by-step explanation:

The donor's holding time is included in the holding period connected with the gain basis rule. The loss basis rule's holding period begins on the day of the donation.

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