How Long Do I Have to Sell an Inherited House?
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How Long Do I Have to Sell an Inherited House?
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About this listen
Inheriting a house? Unsure when to sell? Hosts Mike and Cyril break down the timeline. Learn the simple truth: there's no legal deadline, but you must clear the 6-12 month probate hurdle. Discover the crucial one-year tax clock and the benefit of the stepped-up basis to minimize capital gains. Find out how ongoing costs and market timing affect your decision to sell the inherited property quickly or hold it.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.