Selling an Inherited Home: The Tax Fear That Stops Families

Selling an Inherited Home: The Tax Fear That Stops Families

From Phil's Tax Hacks by Phil Putney

February 12, 2026 · 17 min · Episode 314

About this episode

Phil Putney discusses the tax implications and common misconceptions surrounding the sale of inherited homes.

Book an appointment with Phil to get your customized planning process started ➟ https://www.afswealthmgt.com/schedule-appointment Inheriting a home often brings more questions than answers, especially when taxes enter the conversation. Many families delay decisions because they’re afraid of making an expensive mistake. Phil clears up common misconceptions and explains why the tax outcome is often very different than people expect. If an inherited property is creating stress or uncertainty in your family, Phil shares some much-needed clarity. Here’s some of what we discuss in this episode: 🏠 Property Value Basics: How inherited homes are valued 💸 Capital Gains Reality: Why the tax fear is often overstated 🧠 Beyond the Numbers: Emotional and logistical challenges families face 📜 Estate Planning Tools: How trusts and ownership structure matter ⚖️ Legal & Financial Considerations: What to think through before selling For more, visit us online: http://philstaxhacks.com Watch the video podcast on YouTube: https://bit.ly/3WdDG96 Get your copy of The Tax-Smart Retiree: https://www.thetaxsmartretireebook.com/welcome

People in this episode

Host: Phil Putney

Topics covered

  • inherited property
  • tax misconceptions
  • capital gains
  • estate planning
  • emotional challenges

Keywords

  • inherited home
  • tax fear
  • capital gains
  • estate planning
  • property value

Mentioned in this episode

Organizations: AFS Wealth Management, YouTube

Products: The Tax-Smart Retiree

Places: Inherited Home

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