Question $30(1$ point$)$

Marvin purchased a large plece of land $5$ years age when a highway bypas was rumored to have on exit beling buil nearby. He had planned to subdlide the land info bulding lots within $5$ years, but has done no work on the land yet. He has rented the land each summer over the Labor Day weekend for $$500.$ A tocat non proll organization holds a huge nelghborhood gorage sale on that weekend. A recend heart allock has convinced Manin to slow down. As a result, he hos adverfised the land for sale onine and an inferested buyer is offering to purchase it at a price that would rewet in a large gain. What would be the character it the gain?

$$ Property income

$$ A copital gain

$$ Business income