Problem: On July 1, Year 4, Adam received, in complete liquidation of his partnership interest, securities with an adjusted basis to the partnership of $40,000. The partnership purchased the securities on January 15, Year 1. Adam became a partner on August 1, Year 3. What date does Adam's holding period for the securities begin? A. January 15, Year 1. . August 1, Year 3 . July 1Year 4 D. August 2, Year