Which of the following activity is MOST likely to be considered by the IRD as "trade" in the context of Hong Kong Profits Tax? Select one: A person bought a property two years ago and rented out the property to a tenant. At the end of the tenancy agreement this year he decided to sell the property as he needed to use the sales proceed to pay off an overdue personal debt. A person bought and sold a property within a one-year period. He did not have other property transactions and he obtained a twenty-year loan to finance the acquisition of the property. It is unclear why he sold his property A person bought a property three years ago and has lived in the property since he bought it. He recently sold it because he needs to immigrate to Australia. O d. A person bought and sold a residential property within a three-week period, and he has bought and sold at least five more residential properties within the past twelve months