On March $1$ of the current year, Harry Beech received a gift of income$-$producing real estate having a donor$$s adjusted basis of $$40,000$ at the date of the gift. Fair market value of the property at the date of the gift was $$30,000.$ Beech sold the property for $$36,000$ on August $1$ of the current year. How much gain or loss should Beech report for the year?

A$.$

$$6,000$ short$-$term capital gain.

B$.$

$$4,000$ ordinary loss.

C$.$

$$4,000$ short$-$term capital loss.

D$.$

No gain or loss.