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Reply: 1.1.1.1 From: Always Learning Dear Mike. OK, my statement was only from the Japanese Tax office point of view, thus only applicable if you are living and earning money in Japan. For expat residents of Japan for the first 5 years you don't have to declare foreign earned income, but...

Reply: 1.1 From: Always Learning Just to pick up a point from Mike. <p> In Japan "negative gearing" is possible, even for property located OS (i.e. in Australia). In Japan you can claim the tax loss for all costs associated with the non-land component of an IP. (ie everything except the...