If you’ve recently inherited a property in Lincoln, Omaha, Fremont, Grand Island, Kearney, or any of the surrounding Nebraska communities, you might be asking yourself:
“Is there a holding period before selling my inherited home?”
Great question—and the answer might surprise you.
In this article, we’ll explain what happens when you inherit a property, how probate works in Nebraska, and whether there’s anything holding you back from selling right away. Plus, if you’re ready to sell your inherited home fast and hassle-free, we’ll show you how we can help.
Is There A Holding Period Before Selling My Inherited Home
Probate Versus Inheritance
Inheriting a home means you’ve been named as a beneficiary in someone’s will or estate. However, before you can officially sell the property, it may need to go through probate—a legal process where the will is validated, debts are settled, and ownership is transferred to the rightful heir.
In Nebraska, this process can vary in length depending on the complexity of the estate. If the home is still in probate, you might not be able to sell it yet. But once probate is complete and you’re the legal owner, you’re generally free to sell the house at any time.
There Is A Holding Period (But Not What You Think)
Technically, there’s no legal holding period in Nebraska that prevents you from selling an inherited property—once probate is finalized. However, the term “holding period” is often used in reference to capital gains tax.
Here’s what that means:
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The IRS typically treats the sale of inherited property under a stepped-up cost basis, which means the value of the property resets to its market value at the time of the deceased’s passing.
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This can significantly reduce your capital gains tax burden if you sell shortly after inheriting the property.
Still, we recommend speaking with a Nebraska-based tax advisor or CPA to ensure you fully understand any tax implications tied to your specific situation.
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Other Possible Delays when selling an estate to be aware of
While you can usually sell right after probate is complete, there are a few potential issues that could cause delays:
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Outstanding mortgages or liens
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Multiple heirs with ownership rights
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Title issues or unclear property records
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Disputes among family members
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Maintenance, repairs, or cleanout needs
Here’s the good news: We handle all of this for you. At Launch Homebuyers, we specialize in helping Nebraska families navigate the entire probate and sales process—from legal paperwork to cash at closing.
We Make Selling an Inherited Property in Nebraska Simple
If you inherited a home in Lincoln, Omaha, Fremont, Grand Island, Kearney, or nearby, we’re here to help make your next step easy and stress-free.
✅ We handle the entire probate process
✅ We work directly with attorneys, title companies, and heirs
✅ We buy inherited homes as-is—no repairs or clean-up required
✅ We pay cash and can close on your timeline
Whether you’re just starting probate or already own the home, our local Nebraska team is ready to guide you every step of the way.