Pat and Andres check in, thank Fidelity National Title, and roll into Hot Finds before tackling headlines on Tucker Carlson’s Qatar move and why buyer-agent commissions have ticked up. Then the back half gets practical: what really happens when you inherit a house—how step-up basis works, what to do if there’s a mortgage or a reverse mortgage, and how to handle it when siblings disagree. It’s a clear, street-level guide with a quick legal note to always loop in your tax pro.

Hot Finds – [00:12:46]

• Pat’s pick: “J. Kelly” on Netflix — a George Clooney and Adam Sandler film Pat calls a genuine surprise with clever in-jokes and a reflective lead character arc.

• Andres’ picks: a short Hafez poem (“God and I have become like two giant, fat people…”) and a Stormlight Archive quote on choosing the path over the destination.

Rip From the Headlines – [00:23:40]

• Tucker Carlson in Doha: plans to buy a home in Qatar spark reactions and irony about “freedom” abroad.

• Buyer-agent commissions tick up: average rises from 2.36% → 2.42% as agents set fees directly with buyers post-rules change.

Main Topic – [00:39:35]

• Hook: So you inherited a house—now what? Start with taxes, loans, and who else has a say.

• Step-up basis: you inherit at fair-market value on the date you receive it; taxes apply to gains above that when you sell.

• Loans and traps: check for a mortgage, possible assumption, or a reverse mortgage that may have eaten the equity; if it’s underwater, a short sale might be the play.

• Siblings & solutions: cash buyouts, promissory notes, or—in a stalemate—a court partition; best avoided with a living trust set up ahead of time.

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