On May 1, 2015, Kelalani purchased land for $88,000 for use in her business. She sold it on May 1, 2016, for $82,000. If there are no other sales of business or trade property, how is this loss treated for tax purposes on Kelalani's return?

1-$6,000 Section 1231 loss.

2-$6,000 ordinary loss.

3-$6,000 short-term capital loss.

4-$6,000 long-term capital loss.