One thing to keep in mind, is that Unrecaptured Section 1250 depreciation is NOT gain. This is used in determining the tax rate on the gain.
Unrecaptured Section 1250 gain is taxed at 25%.
Since these types of questions are difficult to address without the history and understanding of what occurred post inheritance, even if this figure is not gain, it could tax some of your gain at a higher rate if not properly reported.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
