Generally speaking, the following assets will have what holding period and character in the hands of corporation following a qualifying Section 351 transaction:

Choose 1 of the following for each: Long Term & Capital LTC Long Term & ordinary LTO Short Term and Capital STC Short Term and Ordinary- STO Other 1231

Land originally purchased 6 months ago _____________________ Equipment used in a trade or business purchased 8 months ago__________________________ Furniture used in a trade or business purchased 2 months ago___________________________ A vacant warehouse built 13 months ago but never placed into service_______________________ Inventory manufactured 18 months ago _______________________