RetireJapan

My JP father-in-law purchased land in the 1980’s during the bubble. I think for about Y40M. It was never developed and he passed away a few years ago. So, my mother-in-law got the land. She plans to sell the land at about Y20M (a significant loss). Can she use that Y20M loss to offset her taxes or w...

Thanks for your thoughtful and comprehensive reply! D

We’re thinking about buying a Kyo-machiya as a 2nd home and reforming it. The current assessed value is basically the land. After the reform, do you know how the assessed value will change – if at all? We would like a “livable” investment (that I could possibly stay in during the week/weekend) and i...