For corporations engaged in or dealing with real estate in the Philippines, understanding the tax implications, particularly concerning the sale of "ordinary assets," is crucial. This article provides a comprehensive overview of the definitions, Value-Added Tax (VAT) rules, and other relevant tax considerations for corporate sellers of such properties, incorporating recent legislative updates like the...
Real Estate
Whether you’re buying, selling, or inheriting property in the Philippines, it’s crucial to understand the taxes involved. Real estate transactions come with a range of government-imposed fees that can significantly affect your budget and timeline. In this guide, we break down the essential taxes you need to know—what they are, who pays them, and when they’re due—to help you navigate the process...
Real estate investment can be a lucrative way to build wealth and secure your financial future. However, getting started can be overwhelming for novice investors. With so many variables to consider, it’s essential to have a solid understanding of the basics before diving in. In this comprehensive guide, we’ll cover everything you need to know to start building a successful real estate investment...
The real estate industry is constantly evolving, and technology has become an integral part of every aspect of the business. Whether you’re a real estate agent, investor, or property manager, utilizing the right tools can help you streamline your work, increase your efficiency, and ultimately boost your success. In this blog post, we will explore five must-have tools that everyone in the real estate...
Discover Your Ideal Urban Retreat: Casa Mira Towers Mandaue A Glimpse into Casa Mira Towers Mandaue Prime Location in the Heart of Mandaue City Thoughtfully Designed Living Spaces Unit Features Unit Layout Studio Unit Studio Unit with Balcony Special Studio Unit 1 Bedroom Unit with Balcony Floor Plan Tower 1 Tower 2 Tower 3 Tower 4 Resort-Like Amenities for Every Lifestyle Why Mandaue City is the Perfect...
For millennials, owning a home has always been a dream. However, with rising costs of living and a shift towards urban living, more and more millennials are turning to vertical living, particularly in condos. In this blog post, we will explore the top features that make condos appealing to millennials. Lifestyle Location Affordability Sustainability Low Maintenance Security Community Amenities...
Unveiling WJV Bay Tower: Your Gateway to Elevated Living in Lapu-Lapu City, Cebu Location That Sets the Stage Varied Living Spaces Studio Unit Combined Studio Unit Floor Plan Pet-Friendly Haven Lifestyle-Enhancing Amenities Exclusive Freebies Unit Deliverable Features Financial Options: Tailoring Your Path to Homeownership In-House Financing (interest rate is at 10.25%) Bank Loan (if the interest rate is...
Buying a condo property is a significant financial investment, and it’s important to find ways to save money without compromising on quality. In this blog post, we’ll provide you with five smart money-saving tips for buying a condo property, including determining your budget, considering foreclosed units, choosing an easy payment term, saving for upgrades, and renting out the unit to fund monthly...
Landlords may find it difficult to manage their properties, particularly in a country with a competitive real estate market like the Philippines. Yet maintaining your property can be profitable and satisfying if you have the correct approaches and information. We will provide you with 15 key pointers for efficient property management in the Philippine real estate market in this post. 1. Understanding...
Choosing between renting and buying a house can be challenging. All choices have advantages and disadvantages, and what is appropriate for one individual may not be appropriate for another. In order to assist you in making an educated choice, we will compare renting versus purchasing a home in this post, examining the benefits and drawbacks of each choice. CriteriaRentingBuyingFinancial CostLower...