 Dumb. If, however, you receive the house upon his death, you get stepped-up basis, meaning that your basis in the house for tax purposes is the market value at the time of his death. Do you see the difference? Okay. Yes. He inherited the house from my grandmother. Oh, so it's even worse. Okay, so he has a zero basis. What's the house worth? If I had to guess, I'd say $400,000. Okay, so the difference is capital gains tax on $400,000. Okay.