Selling an inherited home with more than one heir
Selling an inherited home with more than one heir
When parents leave one house to several children, the family has four choices: sell and split, have one heir buy out the others, have one heir move in, or keep it as a rental. Each choice changes the property tax under Prop 19. I wrote a plain guide to the questions to settle first, how each choice works, and what California law does when heirs cannot agree.
Read the full article on Substack: https://elizabethsamuels1.substack.com/p/selling-an-inherited-home-with-more?r=o2k5q&utm_campaign=post-expanded-share&utm_medium=web
Elizabeth Samuels, REALTOR® · Berkshire Hathaway HomeServices California Properties · DRE #01500122
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