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Taxes on sale of inherited real property
I live in GA, but I own some acres of piney woods in SC. I paid nothing for the land other than yearly property taxes, as I inherited it. This area is being developed into upscale housing on large lots.
If I were to sell the entire tract, what % would I owe in taxes to Fed, SC, and GA?
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2009 Porsche Cayenne Turbo S; 2019 Corvette Grand Sport Coupe; 1998 Porsche Boxster; 1989 Toyota Supra ChumpCar; 1989 Alfa Romeo Spider; 1977 Porsche 911S Targa 3.2L"Bwunhilde II" chimera; 1970 Datsun 240Z 2.9L "dogZilla" project
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