fte holding period of property acquired from a decedent is considered to be long term regardless of when the property was acquired or disposed of.

Question

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According to IRS rules, property acquired from a decedent is automatically considered long-term regardless of how long it was held by the decedent or the heir who inherited it. This treatment applies to gains or losses from the sale or exchange of the property.

Fte Holding Period of Property Acquired from a Decedent Is