I this was an inherited house, there is likely nothing to report on your (or your brother's) income tax return. The sale amount/proceeds is not income. There will most likely be no capital gain and therefore no tax. Any capital gain would be the difference between what the house was worth on the date of the decedent's death (your "cost basis") and what the house sold for. Considering the expenses of sale, you might even have a capital loss.
If the house was "investment property", and sat vacant between inheriting it and selling it, you can deduct the loss.
