Authorities have begun knocking on condo admins in a major CBD to check whether the units are leased.

Following yesterday's post, "Uh oh, you owe," here's how the owner could minimize taxes paid.

Once upon a time, an individual wanted to rent their old house, which was now located along a highly commercialized street.

The DOF presented its Real Property Valuation Reform (RPVAR) plan in an event in Cebu last February 25, 2023.

Here are three things I wish the BIR would do to improve services. Just some wishful thinking.

The BIR has released new zonal values for RDO 045 - Marikina City that are effective February 16, 2023.

On February 16, the BSP raised key interest rates by another 50 basis points (0.5%) after January recorded an inflation rate of 8.7%.

The ONETT is BIR's "one-time transaction" computation of taxes to be paid for selling a real estate asset.

Cong. Salceda filed a bill that imposes a 25% tax on non-essential goods (NEG), which includes RE properties sold for more than P100K/sqm.

Under this law, RE buyers who have paid for at least two years and defaulted from the remaining installments are entitled to a refund of 50%