Charleston · Selling
Do I have to pay taxes when I sell an inherited home in Goose Creek?
Taxes on an inherited Goose Creek home typically apply only to capital gains above the stepped-up basis set at the date of death, not the full sale price. South Carolina also collects its standard deed recording fee at closing. Because every estate's basis and holding period differ, heirs should confirm their actual gain, if any, with a CPA before listing the Goose Creek property.
Still have a question?
Ask Brian directly. No form, no obligation, and a real answer even when the answer is that now is not the time to sell.