RSB73030
New Member

Sale of inherited house

My 2 sisters and I inherited my mother’s house in January of 2024.  My mother and father purchased the house in 1967.  I do not know the purchase price of the house.  In April we sold the house and divided the sale price equally among the 3 of us.  Do I owe taxes on my portion of the sale?  The house was unoccupied from January - April.  The sale was not handled by a realtor and was a cash deal.