...not include property held for the personal use or consumption of the taxpayer or his family, or stork in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable...

...— The term "capital assets" means property held by the taxpayer (whether or not connected with his trade or business), but does not include stock in...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business, or property used in the trade...

...assets" means property held by the taxpayer for more than two years (whether or not connected with his trade or business), but does not include stock in...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business The two-year requirement. — The one change in the...

...total amount received or accrued during such period from the sale, exchange, or other disposition of stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale to customer* in the ordinary course of He trade or business, and (b) The groe* income, attributable...

...by the taxpayer (whether or not connected with In- trade or business), but does not Include stock m trade of the taxpayer or other property of a kind...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of bis trade or business, or property ueed In the trade...

...does not include property held for the personal use or consumption of the taxpayer or his family, or stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer it on hand at the close of the taxable...

...(for example, a dwelling) held for the personal use or consumption of the taxpayer or his family, or stock in trade of the taxpayer or other property of a kind properly included in an inventory. The specific property sold or exchanged must have been held for...

...assets" means property held by the taxpayer for more than two years (whether or not connected with his trade or business), but does not include stock in...taxable year, or property held by the taxpayer primarily for sale in the course of his trade «r business. For the purposes of this definition — (A) In determining...

...hy the taxpayer for more than two years (whether or not connected with his trade or business), hut does not include stock in trade of the taxpayer or...taxable year, or property held by the taxpayer primarily for sale in the course of his trade or business. For the purposes of this definition— (A) In determining...

...this title, 'capital assets' means property held by the taxpayer (whether or not connected with his trade or business), but does not include stock in...taxable year, or property held by the taxpayer primarily for sale or for use in the course of his trade or business." We respectfully suggest that this amendment...