Why would she pay any capital gains on the sale? Did the house go up over $500k in value?


My dad has passed, the $500k threshold applies to a married couple?

Normally when dad passed his half stepped up to basis On my way! His death. She would get 250k exclusion as well.

Make an appointment to see an elder law attorney. That’s the only way to know how to do things correctly.

why you want to give it to kids, OP? Your mom needs it during her old age for a lot of expenses. Please keep it in her name otherwise it will be financial senior abuse.