I inherited a property in a foreign country, I am the sole heir and US citizen, and I am selling it. How come I do not owe any inheritance tax (total of assets will be less than USD 200 K, both cash and property proceeds), but at the same time I will be taxed capital gains tax on the property sale? There is no foreign trust or estate in the US sense of the notion and I live in TX. Please, advise. thank you.