What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...

Inheriting assets comes with various tax considerations. Here's a guide on everything you need to know, from estate taxes to new rules on inherited IRAs.

Landowners should review titles and communicate with heirs about how their land titles impact stepped-up basis calculations.

Converting an inherited home into a short-term rental isn't as simple as updating the locks and writing a listing description.

Add Yahoo as a preferred source to see more of our stories on Google. The short answer is yes, but the rules differ from when you sell a home you bought yourself. While traditional home sales are ...

Whether you have to report an inheritance on your taxes depends on what you inherit and the subsequent handling of that inheritance. While inheritances themselves are often not subject to federal ...

Financial Q&A | How does the step-up in cost basis work with inherited money and property?