TaxConnections asks our community of tax professionals to help answer this tax question for one of our site visitors. Can you help? Living In Thailand - Need To Pay Probate Taxes In Tennessee I have taxes to pay on the sale of property I inherited through a probate which levied the value of the property as it was 54 years ago. Accordingly the original value of my property was $15,000, but I sold it for $300,000. Is there a better way I can be accessed for taxes than the $285,000 it appears I must manage now?