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how to avoid paying capital gains tax on inherited property

1Answers
DiMorgan
11/28/2025, 06:29:18 AM

In the U.S., there are several legal ways to reduce or avoid capital gains tax on inherited property. One common method is using the stepped-up basis, which adjusts the property’s value to its fair market value at the time of inheritance. You may also minimize taxes by converting the inherited property into your primary residence or by using a 1031 exchange to defer the tax.

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