Multiple Choice
Kuda owns a parcel of land she acquired on June 1,2012,as an investment.She exchanges the land on July 5,2017,for a storage building to be used in her business and marketable securities to be held as an investment.The marketable securities' holding period begins on
A) June 1,2012
B) June 2,2012
C) July 5,2017
D) July 6,2017
Correct Answer:
Verified
Correct Answer:
Verified
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