Do I have to pay taxes when I sell an inherited home in Johns Creek?

Federal capital gains tax can apply when you sell an inherited Johns Creek home, but only on the increase in value since the date of death rather than the full sale price, because inherited property generally receives a stepped-up basis. Georgia's transfer tax also applies at closing regardless of gain. Because the amount owed depends on your specific basis and holding details, a CPA should confirm the figures before you list.