Home Market My brother and I will inherit our mother’s house. It’s appreciated in value by $700K. Will we have to pay capital-gains tax?
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My brother and I will inherit our mother’s house. It’s appreciated in value by $700K. Will we have to pay capital-gains tax?


Dear MarketWatch,

I am the trustee for my mother’s revocable trust, and my brother is a backup trustee. When she passes, I plan to sell her house and distribute the proceeds. My younger brother currently lives in the house and takes care of her.

I want to sell the house as it is very neglected, but it’s in California…



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