inheritance tax, maintenance(all the fees you have to pay), if you don't wanna keep the house as it is, u also need to pay someone to throw it away
TIL, there are people who don't want to inherit, property from elderly relatives
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 Apr 24 2025, 07:59 AM
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#1
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3,582 posts Joined: Oct 2007 From: everywhere in sabah  
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Apr 24 2025, 08:10 AM
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#2
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3,582 posts Joined: Oct 2007 From: everywhere in sabah
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QUOTE(Chanwsan @ Apr 24 2025, 08:02 AM) I'd buy it for 1 yen 1 yen? there are a lot of free houses in japan waiting for people to take over them this applies to locals or foreigners...basically anyone but only very small minority would actually do it |
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Apr 24 2025, 08:32 AM
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#3
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3,582 posts Joined: Oct 2007 From: everywhere in sabah
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QUOTE(askingquestion @ Apr 24 2025, 08:30 AM) Believe it or not, even if the inheritance tax were completely zero, many people still won't want these houses because it's just no value to alot of these houses. nopeThe biggest issue is these houses are located in bum fuck nowhere. Try la if the house were in nice neighborhood in Tokyo, Osaka etc. Those houses confirm will be taken. there are quite a few vacated houses in very strategic location....not inherited and it's completely free still no takers |
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Apr 24 2025, 09:37 AM
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#4
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3,582 posts Joined: Oct 2007 From: everywhere in sabah
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QUOTE(askingquestion @ Apr 24 2025, 09:20 AM) Then what the issue then? The house very small? Very close to red light district? the issue is all the taxes, then u have to spend all the money cleaning it before you can start "building" itThere is always some issue. No one rejects free things. buying a used house in japan isn't same like here where everything just throw to the street  there's a lot of money going out before you even start your step one unlike buying a new house...after you got the key, that's the beginning of step one |
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Apr 24 2025, 09:55 AM
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#5
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3,582 posts Joined: Oct 2007 From: everywhere in sabah
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QUOTE(Virlution @ Apr 24 2025, 09:40 AM) wonder why japan got no squatter illegally take it over, give it a paint and illegally rent it out on AirBnB because they don't know what is the backstory of that residence(so pantang)secondly, they don't do anything illegal(their jail is no fun) thirdly...cleaning that residence cost a small fortune so even if u do it legally, the house is completely free....well, it's still not really free This post has been edited by MR_alien: Apr 24 2025, 09:56 AM |
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Apr 24 2025, 12:09 PM
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#6
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3,582 posts Joined: Oct 2007 From: everywhere in sabah
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QUOTE(askingquestion @ Apr 24 2025, 11:31 AM) But you said its completely free (means no inheritance tax) THE HOUSE is free....THE HOUSE inheritance tax is not the only tax u gotta pay bro...stop thinking there's only one u have to pay even here in malaysia even the house is literally free |
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