Tax-free sale of the inherited property

A speculation tax does not apply by the sale of an inherited property if there is more than ten years between its original acquisition and the sale, or if the property was used by owner for at least the year of sale and the two years before, or was given to the owners children free of charge and for residential purposes.

The period begins with the original purchase date before the start of the inheritance.

Errors possible. You can get legal advice from a specialist lawyer.