- It is almost impossible for inherited property to qualify for the $250,000/$500,000 tax exclusion. However, with careful planning, sellers can take advantage of other tax loopholes and save thousands of dollars. IRS rules reduce the reportable capital gain from real estate transactions by $250,000 for individuals or $500,000 for married couples filing a joint return. […]" data-title="Tax Considerations of Inherited Property Sales" data-url="https://www.ipscash.com/tax-considerations-of-inherited-property-sales/" href="#">
Tax Considerations of Inherited Property Sales
It is almost impossible for inherited property to qualify for the $250,000/$500,000 tax exclusion. However, with careful planning, sellers can take advantage of other tax loopholes and save [...]
