If qualified real property is sold after repossession, how is the holding period determined? The new holding period begins on the day of repossession. The holding period includes all days beginning on the seller's original date of acquisition and ending on the date of the second sale. The seller's holding period prior to the original sale is added to the holding period from the date of repossession to the date of resale. Repossessed property is automatically treated as held long-term