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Planning to Live in a Beachfront House? Here are Top Things to Consider

Living in a villa that overlooks a stunning beaching is the dream of anyone who will always be looking forward to an isolated peaceful life, yet this can always come with its own challenges given the fact that one...

Philippine Real Estate: Taxes for Buying, Selling and Inheriting Property

Buying, selling or inheriting real property can be a big challenge especially if you do not know how to go about the tax remittances required of you. Well, just like the case with other business ventures, evasion of real...

Which Banks Offer Foreclosed Properties in the Philippines

Foreclosed properties offer opportunities for investors to spend their money, overseas Filipinos to fulfill their dream house, or just about anyone who simply want to be in the market for reasonably priced properties. A foreclosure, by definition, is the instance...

5 Tips When Buying Foreclosed Home

Foreclosed homes are great deals for anyone looking for a house. At times you end up buying an amazing house at incredible discounts. But when you set out to buy a foreclosed home, the procedure for doing that is...

How to Start a House Rental Business in the Philippines

Transforming your apartment for rental to willing individuals is one way of generating recurring income. This residential property can be a recently purchased or an older property that became available once you upgraded to a bigger dwelling or moved...

Understanding Philippine Capital Gains Tax

A Capital Gains Tax is imposed on the gain the seller gets from a sale, exchange, or other transfer of capital assets in the Philippines. Pacto de retro sales and other forms of conditional sales are also included in...

Study: US-Based Filipinos Prefer Houses Over Condo Units

Filipinos based in the United States seem to be more enamored to owning free-standing houses than high-rise condominium units despite the apparent boom in condo market. In a research conducted by Lamudi Philippines, an online property portal, more than half...

How to Apply for Taxpayer Identification Number (TIN)

Tax Form BIR Form 1902 (download copy) Application for Registration for Individuals Earning Purely Compensation Income and Non Resident Citizens/OCWS/Seamen Earning Purely Foreign Sourced Income   Documentary Requirements - Birth certificate or any valid identification showing name, address and birth date; or -Passport with...

Do Foreigners Have Right to Own Properties in Philippines?

With picturesque beauty, warm tropical climate and amazing investment opportunities Philippines is becoming the most sought after place to buy and own properties. Not just national but even foreigners are getting lured by the amazing perks that come along...

Own vs Rent: Why It’s Better to Buy Your Own Property

Homeownership vs. renting is a big issue for many individuals because it influences where they live, how much they spend on housing, and whether or not they are accumulating equity. It is a decision that will impact their financial...

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Understanding Property Depreciation in the Philippines

Depreciation is the decrease in the value of an asset over time due to wear and tear, obsolescence, or...
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