My father passed away in December 2019 and left his house to me and my two siblings. After emptying the house, we listed the house with a realtor in March and sold it in April for market value. I believe that the fair value as of my father's date of death was equivalent to the net sales price - since it was only three months or so from the date of death to the market pricing - resulting in no gain or loss . There was no estate tax filing since the estate was relatively small. Is it necessary for my siblings and I to report our respective portions from this sale on Form 8949?
