Herbert sells equipment used in a trade or business for 25,200. The equipment cost 30,700 and has ingested base of 26,000. Why is it important to know the holding period?

Hubert els comented in the rain 5.200. The 700 and who 8.000. Why is important to know the holding prod? thego Hubert sels equipment used in a trade or business for $25,200. The equipment costs $30,700 and has an adjusted basis of $25,000. Why is it emportant to know the holding period? of the holding period is more than If the holding periods one year or loss the gain laordinary one year the gain is ordinary and stable at Hubert's regular tax rute Hubert els comented in the rain 5.200. The 700 and who 8.000. Why is important to know the holding prod? thego Hubert sels equipment used in a trade or business for $25,200. The equipment costs $30,700 and has an adjusted basis of $25,000. Why is it emportant to know the holding period? of the holding period is more than If the holding periods one year or loss the gain laordinary one year the gain is ordinary and stable at Hubert's regular tax rute