INHERITED · SELLING
You inherited a house. Now what?
Whether you want to keep it, rent it, or sell it, the first step is the same: understand what you actually have — condition, value, title, and the tax picture. We help you sort that out without pressure.
1. What did you inherit?
Condition, market value, outstanding mortgage, property taxes, and title status — the facts of the asset, sorted out.
2. Understand the tax picture
Inherited properties usually benefit from a step-up in basis, which can sharply reduce capital-gains tax. We explain it correctly and confirm with your CPA.
3. Keep, rent, or sell
Each path has real numbers attached. We show all three so the decision is yours, informed.
Can I sell while the inheritance isn't officially settled?
Usually you must have the title transferred (via probate or a transfer-on-death deed) before selling. We'll tell you exactly what your situation needs and how long it takes.
This information is general and not legal or financial advice. Consult qualified professionals for your specific situation.