Avoiding capital gains tax on inherited property can be tricky, but here are a few strategies you could consider:1. **Step-Up in Basis**: In many countries, inherited property receives a “step-up” in basis to its current market value at the time of inheritance. This means that if you sell the property shortly after inheriting it, you may not owe capital gains tax because the value at the time of sale is close to the value at the time of inheritance.2. **Hold onto the Property**: If you hold onto the property without selling it, you won’t realize any capital gains, and thus won’t owe capital gains tax. However, keep in mind that you may be responsible for other taxes such as property taxes and maintenance costs.3. **Use Tax-Advantaged Accounts**: Depending on your country’s tax laws, you may be able to transfer the property into tax-advantaged accounts like a retirement account or a trust, which could potentially defer or minimize capital gains tax.4. **Gift the Property**: Instead of selling the property, you could gift it to a family member or charity. Be aware that there may still be tax implications depending on the value of the property and the recipient’s situation.5. **Consult a Tax Professional**: Tax laws can be complex and vary by jurisdiction, so it’s always a good idea to consult with a tax professional or financial advisor who can provide personalized advice based on your specific circumstances.