Inherited an apartment, when to sell?

Hello

I have inherited an apartment.
The owner of the apartment was not related to me.
The apartment is about 62m², in a residential block built in 1976, well maintained, has a basement (separated with slats) and a covered parking space. It is located in the city center.
Two interested parties have already contacted me (although one is dropping out; he first explained to me that the apartment is old, bad, and basically worthless) and it should sell well.
But sooner or later the tax office will come with the inheritance tax.
I am considering how to proceed. First get the tax hassle over with and then sell?! That seems to me the cheaper solution.
Or sell immediately and deduct the selling costs from the inheritance tax?
I don’t want a lawyer to handle all this.
I will probably take a real estate agent to determine the value of the apartment.
Does anyone have any other additional suggestions?

Regards

Steven

Yes, not selling at all. Renting. Having is better than needing.

Hello Nordlys

I have gone through the adventure "Vermietung" with a lot of pain. I don't want to do that again.
A noblewoman, who cleverly only aims to reduce the rent, makes the return tend strongly towards zero or even negative.
No, the apartment will be sold!

Steven

Hello

I have inherited an apartment.
The apartment owner was not related to me.
The apartment is about 62m², in a residential block built in 1976, well maintained, has a basement (partitioned with slats) and a covered parking space. It is located in the city center.
Two interested parties have already come forward (although one is dropping out; he first explained to me that the apartment is old, bad, and basically worthless) and it should sell well.
But at some point, the tax office will come with the inheritance tax.
I am considering how to proceed. First get the hassle with the tax behind me and then sell?! That seems to me to be the cheaper solution.
Or sell immediately and deduct the selling costs from the inheritance tax?
I don’t want a lawyer to handle all of this.
I will probably take an agent to determine the value of the apartment.
Does anyone have other, additional suggestions?

Regards

Steven

How do you want to deduct selling costs from the inheritance tax? The selling costs are your personal expense and are not recognized by the tax office as tax-deductible.

I also really can’t think of any costs except for the agent’s appraisal. The notary costs are usually borne by the buyer.

how do you want to deduct selling costs from the inheritance tax?

I believe it means that in the case of a timely sale, the inheritance tax is calculated based on the actual sale price achieved and not on an estimated value. (If I am not mistaken)

Broker reviews are free. He earns from the sale.