I have inherited farmland from the passing of my grandmother in 2004 but my father had lifetime on the land will he was alive and that meant that I had no access to it. He farmed that land and took all the proceeds. He passed away in 2013 and now I have access to the land and sharecropped it for one year with one of my brothers. It is a 120 acres that I own a 1/3 share of 40 acres with 2 of my brothers that also own a 1/3 share. We have decided to sell the land this year, 2014. My question is do I have to pay capitol gains on it from 2004 to 2013 as land values have significantly increased even though I did not have access to the land or my father basically owned it for the 9 years until he passed away.

Yes, you WILL have to pay capital gains tax on the difference between the 2004 value and the current value.