Short Term Appreciated Property

Short term appreciated property is appreciated property that has been held by the owner for 12 months or less. When a taxpayer sells short term appreciated property, the gain realized in the sale is subject to ordinary income tax.

Deduction reduction rules dictate that the deduction for a donation of short term appreciated property is based on the donor's cost basis in the property.

See also:

Short Term Capital Gain

Long Term Appreciated Property

Long Term Capital Gain