Which of the following factors is a requirement for a $1231$ asset to receive treatment as a long$-$term capital gain on disposition?

a$.$ Held for more than five years

b$.$ Held for less than one year

c$.$ Disposition must not be from a sale, exchange, or involuntary conversion

d$.$ Must satisfy certain recapture provisions

e$.$ Depreciable property or real property used for personal gain