Inherited Property Capital Gains

Challenges

• Heirs sometimes assume they owe capital gains tax on the full appreciation since the original purchase, when only post inheritance appreciation is typically at issue
• Disagreement among co-heirs about whether to sell or exchange can delay a transaction and create family friction
• Failing to document the fair market value at the date of death can make it difficult to support the stepped up basis later

What we deliver

• A plain language explanation of how the stepped up basis rule applies to your inherited property
• Guidance on documenting date of death value to support your basis calculation
• A comparison of selling outright versus continuing to hold and later pursuing a 1031 exchange

How quickly can this service move in Austin, TX?

We begin the workflow immediately and keep stakeholders informed across Austin, TX.

Does this service cover markets outside Austin, TX?

Yes. We coordinate local partners so you can execute in any state while staying anchored in Austin, TX.

Who leads lender and Qualified Intermediary conversations in Austin, TX?

We coordinate with your lenders and Qualified Intermediaries, while reminding everyone that we are not a Qualified Intermediary. Every update references the exchange timeline in Austin, TX.

What documentation is delivered?

You receive organized summaries, letters, and trackers that make it easy to brief partners in Austin, TX.