@jeeppadre89 wrote:
....the estate would distribute any gains with any other inheritance being distributed. Is this correct?
That is the typical scenario; the estate would pass any gain through to the beneficiaries, but there are instances where the estate pays any tax due on its 1041 and distributes the proceeds to the beneficiaries.
Speak with the executor of the will or administrator of the estate (I made the presumption that the property is not in a trust since you made no mention of a trust).
