Property in Hogansville

[Marc S.]

Good afternoon BP Community.  

I am posting looking for some guidance and possible advice (as much as legally possible) in order to help a family member. She currently is a resident in Fl and was left property in Hogansville, GA. She would like to sell the property. Being that I have my own property and feel I have a lot of basic knowledge on Real Estate I wanted to make sure she is protected when she sells the property.  I wanted to know if anyone would have some guidance on a few things.  First, if she sells the property as a resident of FL, what are her tax implications in Georgia being that the property was left to her by the man she was seeing but never married to, and she was put on the title? I am familiar with the step-up rate, and I honestly think she will be selling for very little if any more than what it's currently worth when she took possession of it this year. 

Also, will she have to claim any the profit (if any is made) on her FL Income taxes? She is older and lives on a fix income and I will confirm but I believe her federal tax bracket will be in the 10-12% range.