DumbStick 13 Posted May 15, 2014 Share Posted May 15, 2014 (or whatever it's called in Japan) Today it arrived. I really didn't know what to expect and was kind of dreading opening it. Anyway, it's about 85000 yen. I suppose it's less than I was thinking it would be, though I think I was told that the first year was cheaper than normal. Anyway well up on how these things work? Link to post Share on other sites
NoFakie 45 Posted May 15, 2014 Share Posted May 15, 2014 Yeah, I think its a bit cheaper first year. It goes down over time as your house depreciates though. It sounds like the local taxes on property in the USA are huge. In some places, its 2% of the property's value a year. So for a 30 million yen house, you'd be looking at 600,000 yen a year. Even at 1% it would be 300,000. Link to post Share on other sites
gozaimaas 61 Posted May 15, 2014 Share Posted May 15, 2014 What about older houses? Link to post Share on other sites
sanjo 2 Posted May 15, 2014 Share Posted May 15, 2014 Old houses are worth about 20,000 yen so I can't see the tax being much! It will be more about the land there. Link to post Share on other sites
Go Native 70 Posted May 15, 2014 Share Posted May 15, 2014 Here we don't have to pay land tax on properties that are our principal residence or are a farm. We do pay stamp duty though when you purchase a property of up to 5.5% of it's value. Which considering property prices in Australia now can be a lot of money. The property we just bought will have a stamp duty amount that is considerably more than what was my annual salary in Japan! Link to post Share on other sites
Tubby Beaver 209 Posted May 15, 2014 Share Posted May 15, 2014 This may be a silly question, Dumbstick, but is that for you and your missus combined (1 bill for 1 house) or is that ur share of it...so to speak Link to post Share on other sites
DumbStick 13 Posted May 15, 2014 Author Share Posted May 15, 2014 For the house/land, Tubby. One bill it's both our names on. Link to post Share on other sites
Tubby Beaver 209 Posted May 15, 2014 Share Posted May 15, 2014 That makes sense Link to post Share on other sites
DumbStick 13 Posted May 15, 2014 Author Share Posted May 15, 2014 Wonder if the calculation is different by town? Link to post Share on other sites
snowdude 44 Posted May 15, 2014 Share Posted May 15, 2014 Ours is considerably more but we got a 3 year tax rebate on that so basically we dont pay anything for three years. Im not sure the exact details as I let my wife deal with stuff. Link to post Share on other sites
pie-eater 207 Posted May 15, 2014 Share Posted May 15, 2014 Surely different in different towns. Link to post Share on other sites
gozaimaas 61 Posted May 15, 2014 Share Posted May 15, 2014 City = dear Country = cheap one would assume Link to post Share on other sites
snowdude 44 Posted May 15, 2014 Share Posted May 15, 2014 Yes exactly! And the size of the land, location all reflects the property price. And of course each prefecture have their own pricing. Link to post Share on other sites
Error404 0 Posted May 16, 2014 Share Posted May 16, 2014 I would imagine it is town/city, not prefecture. Link to post Share on other sites
NoFakie 45 Posted May 16, 2014 Share Posted May 16, 2014 We pay 120,000 a year. We rebuilt a house, but the taxman insisted its a new build. Had we been able to register as a rebuild (kaichiku), it would have been maybe 20,000. Compared to what the Japanese government spends though, it's not very much. Our youngest is in full-time daycare and that much cost the government a fortune every month. Link to post Share on other sites
pie-eater 207 Posted May 16, 2014 Share Posted May 16, 2014 Seems you were not able to persuade the taxman there.... is it a case of they come round, take a look, and when tax comes round you just get a bill? Or is it more detailed/easy to predict than that? No 'appeals'? Link to post Share on other sites
Metabo Oyaji 71 Posted May 16, 2014 Share Posted May 16, 2014 We pay 120,000 a year. Similar here. There was some discount the first 3 years. Amount changes every 3 years. Not based on market values, as mentioned, but on floor space and construction type, plus probably some other factors. Link to post Share on other sites
DumbStick 13 Posted May 16, 2014 Author Share Posted May 16, 2014 Interesting, thanks. I'll expect it to be a bit more next year then. I'm quite pleased as I had my guess down as closer to 15 man. Always better to overestimate things like this and be pleased than the other way round! Link to post Share on other sites
NoFakie 45 Posted May 17, 2014 Share Posted May 17, 2014 Rather than the property tax, there are more important things to worry about. Half as many women in their 20s and 30s? (can't see it happening for Hakuba btw) Link to post Share on other sites
grungy-gonads 54 Posted May 17, 2014 Share Posted May 17, 2014 That means much less rampant totty for the lads around then. Link to post Share on other sites
pie-eater 207 Posted May 17, 2014 Share Posted May 17, 2014 Surely all the chicks will be heading up to Wonderland? This map tells me different. It's jolly confusing. Link to post Share on other sites
Tubby Beaver 209 Posted May 17, 2014 Share Posted May 17, 2014 actually my Missus was telling me that Sapporo has one of the highest rates of single women to men (she didn't mention ages though ) Wish I knew that a few years ago!! I would've been up here more, talking about trying to pull them! 1 Link to post Share on other sites
grungy-gonads 54 Posted May 17, 2014 Share Posted May 17, 2014 That does sound a bit Wonderland-y Link to post Share on other sites
Thundercat 60 Posted May 18, 2014 Share Posted May 18, 2014 On my way!! Link to post Share on other sites
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