Taxpayer A exchanges land (Whiteacre) for other land (Blackacre) and $50,000 cash. The FMV of Whiteacre is $400,000 and her adjusted basis in the property is $250,000. The FMV of Blackacre is $350,000. Taxpayer A used Whiteacre in her trade or business and intends to hold Blackacre for investment. Both pieces of land are located in the United States. Whiteacre was purchased by A on March 15, 2014 Blackacre was purchased by the other party on April 15, 2012 The exchange of properties occurred on November 5, 2023 When does taxpayer A's holding period for Blackacre begin?