Effective Land Utilization
Land Use through Apartment and Housing Management
Being close to a station is best, but if there is parking, being somewhat far from the station is not much of an inconvenience.
Residents come in many types: students, people living away from their families for work, company dormitory residents, and seniors.
Yoshida Ironwork Construction is well received for delivering a higher grade of living comfort that satisfies residents’ sensibilities, with exteriors that beautify the townscape and spacious, comfortable interior design.
This is proactive asset utilization designed by Yoshida Ironwork Construction.
With abundant data and excellent know-how in construction, operation and management, we aim to create environmentally friendly buildings. Please rely on us with confidence.
“Are you troubled by any of these concerns?”
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Inheritance tax problems…
Inheritance tax is one of the heaviest taxes. The earlier you start tax-saving measures, the more effective and advantageous they are.
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Once land is sold, that is the end of it…
Land is an irreplaceable asset that you will want to pass on to your children.
If you sell it, you receive money at that time, but the cash will eventually run out and the assets left for the future will shrink.
If you keep the land, your future assets will not shrink. -
Little profit can be expected in the present situation…
You may own vacant land, farmland, or land used as a parking lot, or own an aging apartment building whose rent cannot be raised while taxes and other upkeep costs keep rising.
Land gains value only when it is used effectively.
We recommend management of housing and single-room apartments
Land leasehold ratio × leased-house right ratio can be deducted from the assessed value
Lowering inheritance tax
To carry out an inheritance smoothly, you also need to prepare properly for inheritance tax. Among all issues, land is probably the biggest headache.
Inheritance tax is calculated from the inheritance tax assessed value. Land is normally assessed at about 70 to 80% of its market value, so to reduce the inheritance tax on land you can lower the assessed value, and the most effective measure for that is to build a rental apartment building or condominium.
This is because you can deduct “leasehold ratio (generally higher in urban areas) × leased-house right ratio (usually 30%)” from the assessed value.
For example, suppose you have land with an inheritance tax assessed value of ¥100 million as vacant land. If the leasehold ratio in that area is 60%, building a rental apartment lowers the assessed value to ¥82 million (= ¥100 million × <1 − 60% × 30%>).
Inheritance tax can even be reduced to less than one third
Single-room apartment management
If you take out a loan for construction, the borrowed amount can also be deducted from the total inherited assets as a debt.
It is not unusual for land to be the main inherited asset. That is exactly when you should consider single-room apartment management.
By choosing a company that can provide attentive support, you can expect to achieve better inheritance planning.
The value of construction and land use lies in creating a story.
Producing that story is our job.
Yoshida Ironwork Construction is looking for colleagues to build "Bringing the city to life, bringing people to life" together with us.