{"id":111,"date":"2026-10-18T17:00:00","date_gmt":"2026-10-18T17:00:00","guid":{"rendered":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/?p=111"},"modified":"2026-10-18T17:00:00","modified_gmt":"2026-10-18T17:00:00","slug":"us-inheritance-rule-cuts-tax-shock","status":"publish","type":"post","link":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/2026\/10\/18\/us-inheritance-rule-cuts-tax-shock\/","title":{"rendered":"US Inheritance Rule Cuts Tax Shock"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/sheila-johnson-1\/inherited-home-tax-419c\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Inherited US homes usually get a stepped-up basis, resetting cost to fair market value at death instead of the original purchase price.<br \/>\nThat means a home worth $450K at inheritance and sold for $460K later may create only ~$10K of gain before selling costs.<br \/>\nWith US prices only slightly higher yearly, heirs who sell soon after inheriting often face little added appreciation beyond the stepped-up basis.<br \/>\nBecause the reported gain is usually smaller, the sale often avoids sharply higher taxation of retirement benefits and reduces risk of future federal health-premium surcharges.<br \/>\nBefore selling, secure a date-of-death appraisal, track selling costs and improvements, and remember longer holding periods can build new taxable gain later.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Inherited US homes usually get a stepped-up basis, resetting cost to fair market value at death instead of the original purchase price. That means a home worth $450K at inheritance and sold for $460K later may create only ~$10K of gain before selling costs. With US prices only slightly higher yearly, heirs who sell soon [&hellip;]<\/p>\n","protected":false},"author":375,"featured_media":112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/users\/375"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/comments?post=111"}],"version-history":[{"count":1,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions"}],"predecessor-version":[{"id":113,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/posts\/111\/revisions\/113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/media\/112"}],"wp:attachment":[{"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/media?parent=111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/categories?post=111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sheilajohnsonrealtor.com\/blog\/wp-json\/wp\/v2\/tags?post=111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}