Navigating the financial side of an inherited property can be the most confusing part of the process. This section provides clear, expert guidance on the key tax implications for Maryland heirs. Learn the critical differences between Maryland’s inheritance tax and federal capital gains, understand how the step-up basis works to your advantage, and discover which exemptions you may qualify for to minimize your tax burden and keep more of your inheritance. For a complete overview of the entire process, please see our main guide to selling an inherited house in Maryland.
✎ Content by Justin Mitchell, Founder • ✓ Fact-checked by Debbi Rivero, Licensed MD REALTOR® 📅 Reviewed: Jan 14, 2026 • 🔄 Last updated: Jan 14, 2026 Unexpected challenges often arise when dealing with an inherited property in Maryland, particularly the complexities of taxes. Many homeowners find themselves asking: What is inherited property tax Maryland, […]
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