Sam buys a car and owns it for 3 years. What is his holding period?

Example 2: Sam bought a car on January 1, 2018. He sold the car on January 1, 2019. What was his holding period?

Three years ago Sams mom bought a new car. She gifted the car to Sam yesterday. After 6 months, Sam is going to sell the car for a gain. What will his holding period be?

Three years ago Sams mom bought a new car. She gifted the car to Sam yesterday. At the time of the gift, the FMV of the car was less than her basis in the car. After 6 months, Sam is going to sell the car for a loss. What will his holding period be? Example 4: Three years ago Sams mom bought a new car. Unfortunately, Sams mom died yesterday. Her will left the car to Sam. If he sells the car in 6 months, what will his holding period be?