Charleston · Selling

Do I owe taxes when I sell an inherited home in McClellanville?

Taxes owed on an inherited McClellanville home typically come from capital gains above the stepped-up basis set at the date of death, plus South Carolina's standard deed recording fee at closing. There is no separate state inheritance tax. Because basis and gain depend on the specific estate's records, McClellanville heirs should verify their numbers with a CPA before listing.

Get your free home valuation.

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.