Uh yes, that's exactly what unrealized capital gains are: profits from investments that you own but have not yet sold. They're paper profits. So if you inherited a home, then 100% of the value of the home today is an unrealized capital gain.

Only if you were ultra-wealthy and owned that home. You can engage with people who are telling you why you are wrong, or you can keep making the same incorrect arguments over and over. It’s up to you. bsky.app/profile/clay...

I understand what unrealized gains are but that person would not have been subject to that tax. That is a lie

You had to have a minimum net worth of $100 million to be subject to it. You are spreading misinformation