Oskamp’s Tip of the Week: Overview of Real Estate Taxes in Japan
This week’s Tip of the Week is brought to you by Real Estate Japan Insight. In this week’s audio clip, Erik Oskamp, CEO of Akasaka Real Estate, gives us a rundown of the various taxes that residential property investors face. Taxes and fees can significantly affect your real return on any investment. Erik gives us an overview of the basic issues: What is the acquisition tax? Can you depreciate property to lower your tax base? Do you have to declare rental income as a non-resident? How high is the capital gains tax on property, compared with other countries? Listen and find out!
Erik was also the speaker for our November webinar on how to spot a good investment in Tokyo real estate.
Listen to Erik’s Tip of the Week below! Or catch up with Erik’s previous tips here: investment properties in northern Tokyo, investment properties in Shibuya and Minato wards, and Tokyo Bay real estate, surprisingly high yields in Chuo-ku, Tokyo.
Erik Oskamp Taxation December by RealEstateJapan
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