I'm not sure I agree. There is a difference in the tax laws as to how gains and losses are treated if the property is
- your main residence
- a second (personal) home
- investment property.
Even if you inherited the home, if you lived there as your main residence, you should indicate you are selling your main residence. If you are selling right after the person's death and you never lived there as a main or second home, you want to treat it as "some other investment property" because you may have a deductible loss on the sale. "My second home" would only be appropriate if it was personal property (you lived there, but not as your main home. Maybe its your parents' summer cottage or beach house, and you used it a few months or years before selling.)
