Sometimes a person needs to read these posts twice.  But then again, sometimes it takes three of four times :smile:

Unless you have a houseful of Picassos and Rembrandts, that stuff doesn't normally get reported anywhere since there typically isn't any gain involved.

No I meant for the sale of the actual house by the estate and NOT the beneficiary be considered "inherited" and therefore automatically qualify as a long term sale? Can an estate actually inherit property?

Yes and yes