> The same law is the one that lets the surviving spouse or children to continue to live in a home rather than be forced to sell due to a sudden realized capital gain. You can argue that you don’t care about keeping multi millionaires in their childhood homes after their parents die, but it’s hardly “obvious” that it should be taxed.
So make an exception for a single home the inheritor personally lives in and tax everything else.
So make an exception for a single home the inheritor personally lives in and tax everything else.