North Metro Atlanta · Selling
Do I have to pay taxes when I sell an inherited house in Sandy Springs?
Federal capital gains tax can apply to an inherited Sandy Springs house, but generally only on appreciation since the date of death rather than the home's full value, because inherited property usually gets a stepped-up basis. Georgia's transfer tax also applies at closing regardless of gain. A CPA should confirm the exact figures for your estate, since basis and holding details vary from one inheritance to the next.
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