On January Roberto received various gifts. He has decided to dispose of several of these assets. What is the amount and character ie shortterm or longterm of the recognized gain or loss from each of the following transactions?
a He received land worth S from a donor who bought the land in The donor's adjusted basis was $ Roberto sells the land for $ on November
b He received stock in Gold Company from a donor's whose adjusted basis was $ The donor bought the stock on June ; the fair market value on the date of the gift was $ Roberto sells the stock for $ on April
c He received land worth $ The donor bought the land on August and the land's adjusted basis on the donation date was S Roberto sells the land for $ on July
d He received stock worth $ The donor's adjusted basis was $ and the donor's date of purchase was October Roberto sells the stock for $ on December
