Lenny inherited 100 acres of land on the death of his father in 2019. A Federal estate tax return was filed and this land was valued therein at $650,000, its fair market value at the date of the fathers death. The father had originally acquired the land in 1971 for $112,000 and prior to his death he had expended $20,000 on permanent improvements. Determine Lennys holding period for the land.

A) Will begin with the date of his fathers death. B) Will automatically be long-term. C) Will begin with the date his father acquired the property. D) Will begin with the date the property is distributed to him.