I am one of 5 children and recently, my mother passed away. My father passed away 4 years ago. They owned 2 pieces of Real-estate. One they owned was acreage (no house on it) and this property was in both of their names when my mother passed. The other piece of property was the home that they lived in. Four years ago, my mother deeded the house/property to the 5 children. My parents purchased this house about 40 years ago. Both of these are in the state of Tennessee. When we go to sell these properties, will we have to pay taxes on any gains?