Taxes
The Number That Decides Your Tax Bill on an Inherited House
How the IRS values inherited property, and why the appraisal you get now decides the capital gains tax you pay later.
Deadlines, deductions and the rules that changed.
How the IRS values inherited property, and why the appraisal you get now decides the capital gains tax you pay later.
An inherited home's value on the date of death sets your tax bill for life — get it wrong and the IRS will notice.