Principle
Receiving real estate as an inheritance is not a tax event. The sale of the inherited property - appreciation tax is calculated from the purchase price of the testator.
Exemption
The inheritor of a residential apartment that was a unit of the testator is entitled to exemption from appreciation tax (under conditions).
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.