08/14/2026
If you have inherited a house in Colorado and you are holding it because selling would trigger a huge tax bill, it is worth checking that assumption.
Did your parent's purchase price from decades ago really carry over to you? Do you owe tax on all that appreciation? What if you and your siblings disagree about what to do? What happens if you rent it out instead?
Our new article walks through how the step-up in basis works for inherited Colorado property, why the way the home was titled changes the answer, what documentation you need and how quickly you need it, and how to compare the real cost of holding against selling.
Read it here:
https://sterlingglobalrealty.com/f/step-up-in-basis-the-math-on-selling-inherited-property
General information, not legal or tax advice.
Shay Lowe