How much tax do I need to pay when selling a house I inherited?
Inheriting a house and then reselling it: The value-added tax depends on whether the purchase time is more than 2 years. The personal income tax is calculated at 20% of the transfer income of the property, and the original value is calculated by deducting the purchase cost of the house from the inheritor. If it is a "five-year unique exemption", it is exempt from the deed tax. The inheritance proc...
Learn more >