Sale of inherited real estate

[Dave183]

If I inherited real estate and the property is sold a year later.
Are long term capital gains taxes owed to IRS?
How is long term capital gains taxes calculated?
What supporting documents are required to support basis value and sales price?
What IRS Forms are required to report the sale of inherited real estate?

Can I use Turbo tax to report capital gains from the sale of inherited real estate?
What Turbo tax product should I use to report income as well as sale of inherited real estate?

[R-SchuleCPA]

1) If the property is held for at least a year it will entitle you to long term capital gains rates. (LTCG)

2) Yes - IRS taxes (LTCG). See below link for capital gain rates  

Capital Gain Rates

3 Supporting documentation - Value of the property at time of decedent's date of death (condolences) and sales contract at date of sale, supporting sales price and closing costs

4) Turbo tax Premier module will accommodate sale of inherited property and generate all necessary forms. 

[Dave183]

If the sales contract (at date of sale) is used to support sales price, what document is used to support the basis value of the inherited real estate?