If sold for than less value than at acquisition (highly likely), no need to report at all. Inherited items are valued as of date of death. Similarly applies to truck sale. House is slightly different: If a Form 1099-S was part of the sale, you have to account for proceeds. Same premise applies: Difference between value at DOD and sale is your gain or loss. IRS Form 8949 applies in all aforementioned cases; 'Inherited' applies to when acquired.
