My sister inherited the house her husband owned, after his death 4 months ago. She lives in the same state but a different town. He had no will but she was listed as next of kin because they were legally married. There are no children. My sister wants to sell me the house as a "For Sale by...

My grandmother died in 2001. She left a living will estate for her roommate to live in the home until she died and then my sister and I would then own the home.The roommate died in 2008. So once the roommate died we were able to sell the home. We sold it a few months after the roommate died and...

I am married and live in a wonderful home. I have recently inherited another house, and now I wonder if I should lease it or sell it? It seems a matter of tax implications. Please advise!:confused: Daniela

Are taxes due, such as capital gains taxes, on sale of inherited property?

I inherited money from two annuities after my mothers death last year. I have received 1099 form stating the amount that is taxable. AmI required to pay taxes on these ,or is the full value that I received a part of non taxed inheritance?