My father died few years ago left old house (was part of family for over 100 years) to me, my brother and mother and we finally sold the house. This is in overseas country and neither my father or mom is US resident. I want to bring my share of the inheritance to this country. Do I have to pay...

Tax liability on overseas property sales when proceeds are kept overseas.

I inherited a 1/3 share of a farm that is co-owned by two other relatives. I sold the property for $76K. Do I pay income tax on $76K or only if it's sold for more than it's appraised for?

My parents (non-US citizens) lived overseas and have passed away. On the death of my mother, I inherited their apartment and have recently sold it and intend transferring the proceeds to the US. I am a US citizen, 72 years old, reside in the US and file joint tax returns with my wife. Question:...