sale day
The day a binding agreement for the sale of the property was signed. Not the day of transfer of ownership or the day of payment.
day of purchase
The day the property was purchased. As a gift - the day of the giver's purchase. Inherited - the day of death.
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.