Inheriting a home can be both a financial opportunity and a tax burden. While you may intend for your loved ones to benefit from your property, factors like inheritance tax, estate tax, and capital gains tax can complicate the process. These obligations vary depending on state laws, the value of the property, and how long it’s held before being sold. Understanding these nuances is essential to protecting your family’s financial future and ensuring a seamless transition of assets.

This infographic by Tencap Wealth Coaching offers a clear, visual breakdown of the tax implications of inheriting a house. It highlights the differences between inheritance and estate taxes, how capital gains are calculated, and which types of properties may be exempt.