The days of using real estate to reduce inheritance taxes may be numbered. The government is now looking into revising how real estate is valued for inheritance tax purposes to curb a common strategy of using rental investment apartments and strata offices to lower total estate taxes. Currently, the inheritance tax system uses ‘rosenka’ or roadside values which can sometimes result in real estate valuations that are drastically lower than market prices. The proposed revision bring valuations more closely in line with actual purchase prices, increasing the tax burden on heirs.