Probate Knowledge Center

Inherited Property

Options once the home is yours and what to do with it.

• Should I sell or keep an inherited house?The right answer depends on the numbers, Prop 19 reassessment, co-owner agreement, and your goals. Here is how to weigh it.
• Can I rent out an inherited house instead of selling?Yes, once title is settled, but consider Prop 19 reassessment, landlord duties, and the loss of the low capital-gains window.
• Multiple siblings inherited a house. What are our options?Co-heirs can sell and split proceeds, have one sibling buy out the others, or hold jointly. Clear agreement prevents costly disputes.
• What is a partition action?A partition action is a court process that forces the sale or division of co-owned property when the owners cannot agree.