RetireJapan

So...say... a) Gross flow is AU 20K b) Body Corporate fees for the place 6K (for maintenance..a non optional cost) is AU 6K (net now 14K) c) Costs and expenses pertaining to owner's property only (new shower etc.) Au 2K (net is now 12K) d) Interest on loan 6K (net is now 6K) e) Accrued losses in Au...

Tkydon, I'll take your word on it...it sounds more convincing than what I have heard thus far. THanks and thanks very much! It is bad news basically. But at least I know where the goal posts sit...sort of. Sort of, because you say you can deduct interest payments from gross rental flow. So...say... ...

Thank you for this... For overseas estates inherited by Japan residents, only in portion inherited by the individual is taxed, and the full exemption is applied before taxes are calculated: https://www.retirejapan.com/blog/overseas-inheritances-in-japan/ a wee bone to distract the little anxiety ter...

I know that this is somewhat out of the ‘flow’ of this thread, but I wanted to post this about inheritance taxes. Say you were to inherit some real estate, shares and the like …knowing that Tokyo could take 55% when inheritances are not taxed at all in Australia for local residents is a concern to s...

For Aussies, visa status affects inheritance tax liability
https://atlaswealth.com/news/death-taxe ... -in-japan/

Re: Negative gearing and whether it exists in Japan, I went to here: https://housekey.jp/choose-investment-mortgage-loan-japan/ and found this.. Loan Term / Duration – This is another consideration that will be determined by your objectives. For those looking to take advantage of negative gearing - ...

But, for example, if you buy Australian shares through your super fund, the maximum tax rate is 15%, you get the full benefit of franking credits (including refunds, at least until the next federal election), and the income generated by the fund doesn’t need to declared in your Japanese tax return....

Saison Bank セゾン　also have a plan . It is a Vanguard World Balanced fund with 4 Vanguard Index equities and 3 Vanguard bonds. They pinch 1% of your gains yearly and take another .1% of them when you pull out. It's pretty conservative, can be put in NISA too.

Stockbeard,

I suppose losses incurred by an owner in the UK do not include paying down a UK mortgage? What about rates, depreciation, body corporate fees etc.?

For me, I want a place that looks pleasant, allows me to use power tools, play my acoustic guitar guitar as loud as u want ithout fear the neighbors will complain. Not something for マンション　life. I like to make things and have two motorbikes also. A shed with power and running water, windows, a porch,...