Need to sell house of deceased parents and wonder what is best for taxes.
If I sell my share of the inherited house at 1/2 FMV to a sibling, will I have to pay capital gains or income taxes on the amount she pays me for mys share?
If we sell to a third-party and not each other at FMV will there be taxes we need to split and account for our on our returns as this is an inherited property?
