The thing being omissed here is that there's a cost-basic step-up when you die. So, if the value of the home increased by say 2x the taxes on it are 0 because

The thing being omissed here is that there's a cost-basic step-up when you die. So, if the value of the home increased by say 2x the taxes on it are 0 because the cost-basis on it isn't the price your parents bought it for; it's the price when they died and you got it. This works out a lot better for stocks because when you created the company and gave yourself a million stock units for a total of $1 (not each) and those stocks appreciated to be $300 each that's a ton of capital gains. Except when you die and it's stepped up its not. -- https://www.investopedia.com/terms/s/stepupinbasis.asp https://www.investopedia.com/terms/s/stepupinbasis.asp