My brother and I inherited a home in Alberta, Canada. There is no existing mortgage and it was our mother's primary residence. If my brother wants to buy me out of my portion of the inherited home (it was equally split between us) what kind of taxes are we likely to pay. Or is there a better way for us to handle this to avoid large taxes?

Assuming this is under the tax systems in the United States, the amount of tax owed depends on what the house was worth on your mother's death. That is the basis for the sale to determine the capital gain when your brother's half of the house is sold to you.

If you are asking about Canadian tax issues, this forum does NOT deal with Canadian tax issues.