Do I pay capital gains tax when I sell an inherited Acworth home?

Federal capital gains tax on an inherited Acworth home generally applies only to appreciation since the date of death, not to the property's full value, because inherited real estate typically receives a stepped-up basis. That basis resets the cost figure to fair market value at inheritance, so selling relatively soon after inheriting often means little or no taxable gain. Joel Boss works with Cobb County heirs to confirm that basis and line up the sale with an estate's timeline.