What taxes do heirs pay when selling an inherited home in Kennesaw?

Heirs selling a Kennesaw home typically owe federal capital gains tax only on appreciation since the date of death, thanks to the stepped-up basis inherited property receives, plus Georgia's standard transfer tax at closing. There is no separate Georgia inheritance tax on the sale itself. Because basis calculations vary by estate, Joel Boss recommends heirs get exact figures from a CPA before setting a listing price.