Good morning,
My grandfather in law which was Italian died in last month. He left my grandmother (non-Italian) a house where they were living for last 9 years. After he died she want move back to my mother palce (outside Italy). Does anyone know how capital gain taxes looks like in case she decide to sell a house? I find some information in the Internet, but they are contradictory to each other. In general in our country if single person inherited 100% of property and it wasn’t pucharsed in last 5 years, you don’t need pay capital gain taxes on selling it (in case multiple people inherited share of house it looks differently). I’w wondering if similiar case also apply in Italian law.
Thank you for any information in advance! :)
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source https://www.reddit.com/r/RealEstate/comments/1hmlnwd/selling_inherited_house_and_capital_gain_taxes/
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