Maryland Probate Realtor Advises Heirs On How To Avoid Capital Gains Taxes

Maryland Probate Realtor Advises Heirs On How To Avoid Capital Gains Taxes

So you just inherited a house, and you have lots of questions. Do you live in it, sell it, or rent it? If you need to make repairs, is the process the same as for a bought house?

What if it’s an old house whose value has appreciated a lot - what about capital gains taxes? You have questions, and Probate Realtor Specialist (PRS) Marc Cormier has answers. His new guide answers some of the top questions he's encountered over the years about inherited property sales in Washington, DC, Maryland, and Virginia.

These include how PRSs can help you navigate the probate process and how you can decide whether to sell your inherited property or accept a cash offer for it. Marc's latest article details how a PRS can guide you through the marketing, negotiation, sale, and escrow processes, while ensuring you're compliant with probate court rules.

Marc explains how the probate process works and the types of taxes you're likely to encounter, especially capital gains taxes, as well as how you can make use of tax benefits.

His guide also advises you on the factors involved in probate sales and how to consider cash offers. If you decide to accept a cash offer, a PRS can offer specialized services.

Find the full guide at https://guidetoprobate.com/