topic If you sell inherited mineral rights, is this always treated as long term capital gains, even if you held them less than one year after inheritance? Owned in family 30 years. in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-sell-inherited-mineral-rights-is-this-always-treated-as-long-term-capital-gains-even-if-you/01/399230#M16205 Tue, 04 Jun 2019 19:53:08 GMT rmaulg 2019-06-04T19:53:08Z If you sell inherited mineral rights, is this always treated as long term capital gains, even if you held them less than one year after inheritance? Owned in family 30 years. https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-sell-inherited-mineral-rights-is-this-always-treated-as-long-term-capital-gains-even-if-you/01/399230#M16205 Tue, 04 Jun 2019 19:53:08 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-you-sell-inherited-mineral-rights-is-this-always-treated-as-long-term-capital-gains-even-if-you/01/399230#M16205 rmaulg 2019-06-04T19:53:08Z Yes ... all inherited properties are considered long term... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-all-inherited-properties-are-considered-long-term/01/399238#M16206 <P>Yes ... all inherited properties are considered long term ... simply put the word "inherited" for the date received/bought and the program will do the rest.&nbsp;</P> Tue, 04 Jun 2019 19:53:10 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-all-inherited-properties-are-considered-long-term/01/399238#M16206 Critter 2019-06-04T19:53:10Z Thanks you! https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/thanks-you/01/399245#M16207 Thanks you! Tue, 04 Jun 2019 19:53:11 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/thanks-you/01/399245#M16207 rmaulg 2019-06-04T19:53:11Z