Posted on 31 July 2023
Selling an inherited property: How to declare and manage it?
Declare and manage the sale of an inherited property. Follow our tips to optimize your tax declaration.
Speculation or disposal profit?
Speculation: If you sell within 2 years of purchase, it's a short-term investment
Disposal: After 2 years, it's considered a profit on disposal
What allowance is there for inheritance?
- 75,000 allowance if the inherited property was the parent's main residence
- Up to a further 50,000 euros if not used in the last 10 years
How is the capital gain taxed?
After deductions, the capital gain is taxed at half the overall rate (max. 21%)
No need for complicated calculations! File your tax return on taxx.lu and that's it!
