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My mother in law inherited unimproved property 40 years ago. She wants to sell it now. She’s concerned about taxes. Will she have to pay capital gains tax, and if so, what is the rate?

My mother in law inherited unimproved property 40 years ago. She wants to sell it now. She’s concerned about taxes. Will she have to pay capital gains tax, and if so, what is the rate?

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Make sure that whoever she sells it to puts as many homes as possible on it. And make sure they look just like worker pods. Make sure that everyone that's going there is from California or the Colorado front range or from New York. Westchester county preferably.