What To Do When You’ve Inherited Property
D Fritz Appraisals
SEPTEMBER 13, 2021
You will be taxed on the “ Fair Market Value ”, at the time of inheritance to the time you decide to sell. In theory, you would owe capital gains tax on the difference between the value of the inherited home, and the fair market value of the home when you chose to rent the property out. Real Estate Inheritance Tax.
Let's personalize your content