It depends. If you never lived in the house as your home, if it is not a second home you used, your inheritance is received as investment property. An inherited house is considered investment property and you can deduct the loss on the inherited property, but only if there was no personal use after your mother passed away - it was simply held between inheritance and sale.
Inherited Property (IRS Pub 550): If you sell or dispose of inherited property that is a capital asset, the gain or loss is considered long term, regardless of how long you held the property. For more information on inherited property, see Pub. 559.
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