Search results

  1. F

    Understanding Property Taxes and deductions

    @starlit The basic Rosenka calculation can be modified in some cases. If a property is only connected to a road via a long driveway, for example, the land will be valued lower. But the rosenka derived value is usually 70% of the market value of the land, if only because when recommending a...
  2. F

    How to split ownership on new house purchase

    @miketexas I cannot give you specific advice without asking for a lot of detailed private information but currently you are not tax residents of Japan so you would not owe gift taxes yet. Also, if your money is currently in a joint account, you could create a separate account for each spouse...
  3. F

    How to split ownership on new house purchase

    @toonsense It depends on the value of the property. Something that costs ¥50 million or more in a location where property values are increasing or holding steady may end up costing you inheritance taxes in the future, if you start at 100/0 ownership. In the other hand, if you are buying a cheap...
Back
Top