What’s the Job? Want to be in control of your own time? Do you want the opportunity to make two, three or more times what an average Filipino earns each month? We are Cebu’s first boutique real estate firm looking to…
SM and Ayala Land’s affiliate Cebu Holdings posted a P10 billion winning bid for a portion of South Road Properties (SRP) in Cebu, located on the east coast of the city. The property is envisioned to showcase an integrated, mixed-use,…
CEBU CITY—At 100,000 employees, Cebu’s Business Process Outsourcing (BPO) industry is the largest outside Metro Manila. And, says Wilfredo Saa Jr., the industry also indirectly feeds another 250,000 people—including taxi drivers, store clerks, spa workers and food attendants that serve…
Assuming that you already have a property which you intend to sell or lease out, it is important to know whether or not VAT applies to your real estate transactions, and how you can avoid the imposition of VAT. Same…
So you have announced to the world that you are now a real estate investor, and suddenly, everyone has a property they want to show to you. This often happens to me, and can also happen to you as follows.…
A lot of people have questions on taxes, including Value-Added Tax or VAT[1] on the sale of Real Estate[2], so I will try my best to explain it as simply as I can. The subject of taxes is quite technical so…
As a property owner, one of our obligations is to pay our real property taxes. It’s a given, we really have no choice but to include it on our list of real estate expenses, unless we would want our properties…
Real Property Tax (RPT) is a tax that owners of real property need to pay every year so that the local government unit (LGU) will not auction off their property. There are some investors who buy tax-delinquent real properties and…
The Bureau of Internal Revenue (BIR) has just released Revenue Regulations (RR) No. 6-2013 dated April 11, 2013 which amends BIR RR No. 6-2008, or the Consolidated Regulations Prescribing the Rules on the Taxation of Sale, Barter, Exchange or Other…
We obviously love real estate, but one thing we don’t like about it is the legwork involved, especially with tasks that force us to go out and spend precious hours on the road. An example would be payments for real…