Question: Two months after Devante purchased blank anchor for $ 4 0 , 0 0 0 he died the fair market value of black ink there
Two months after Devante purchased blank anchor for $ he died the fair market value of black ink there as of the date Davante's death was $ he left black anchor to his son Calvin since Calvin was the only beneficiary of the two states there were no state taxes due the title of the property was purchased to Calvin within one month of Devante's death two weeks after receiving the title of the property Calvin South play for $ what is the amount type of income that Calvin will report on the sale? $ short term game $ longterm gain $ short term gain $ longterm gain
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