20 Aug How do I get ownership of this home if my brother dies?
Unlike a spouse, children have no right to inherit....
28 Jul I’m selling an inherited home. What taxes will be due?
Your tax basis is generally the fair market value on the decedent’s date of death. ...
02 Jul What kind of taxes will be owed on this inherited home?
Depending on timing, you may not owe much of anything. ...
23 Apr I’m buying a house for my daughter. How should I do it?
Before making a move, consider your overall estate plan. ...
05 Apr How can I avoid capital gains tax on inherited property?
If you sell quickly, you probably won't have a large tax to face. ...
10 Mar What tax is owed on the sale proceeds of an inherited home?
The timing of the inheritance and the home sale will determine the tax. ...
18 Feb We are settling an estate. What tax returns do we have to file?
There are several items to consider when settling the estate of someone who died. ...
18 Feb My mom added us to her deed and then died. Do we owe taxes?
You may received a step-up in basis when you inherit a home. ...
01 Jan How much tax will we owe on this inherited home’s sale?
You may not owe anything if you sell soon after the death. ...
31 Dec Will sale of inherited home cause a tax liability?
Tax rules can be beneficial when a home is inherited. ...