Inherited property: move in and save taxes? What you need to consider.. As of: March 8, 2024, 4:00 p.m By: Carina Blumenroth CommentsPressSplit You inherit a property and decide to live in it yourself.

This can have tax advantages, which you should know. If you have your main residence there, you can save inheritance tax. However, there is a restriction: the privilege only applies to spouses, registered life partners or children of the deceased person.