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<p>[QUOTE=&quot;SwendiCoin, post: 669080, member: 18768&quot;]coleguy - There may not have been inheritance tax on those homes, but if their value exceeded $24K ($12K for you and $12K for your sister), then the federal government will probably want their gift tax. I&#039;m not attorney, but I don&#039;t know how you get around that.</p><p>&nbsp;</p><p>Ahh, correction - I do too know how.&nbsp; You can defer the gift taxes, I believe, up to a certain (fairly large) amount.[/QUOTE]</p><p><br /></p>

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