Requirements for a Corporation Selling a Real Property

Case Study : A property which was named in a Corporation twenty five years ago for the purpose of ownership is now being sold.  The Corporation has no activities and has not been filing any VAT related documents.  Upon checking the TIN # with the Bureau of Internal Revenue, the Corporation is non-Vatable and is instead...

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Construction of new Makati underpass starts

here’s an article from rappler.com on DPWH’s construction of new overpass in makati, to view article, click on the link below : http://www.rappler.com/business/industries/208-infrastructure/96339-traffic-dpwh-gil-puyat-avenue?cp_rap_source=arfy#cxrecs_s please be advised that of course this will cause inconvenience...

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20 Beautiful Old Manila Buildings That No Longer Exist

Hello everyone, Being in the real estate business, am sharing with you an interesting article from Luisito E. Batongbakal Jr, Editor in Chief of FilipiKnow where i got this article. This is a good read specially for those that have no idea how Manila looked like and of course, for long relaxing weekends like what we’re...

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The Residences at Greenbelt, San Lorenzo Tower

  CONDOMINIUM FOR SALE Location :  The Residences at Greenbelt, Legaspi Village, Makati Floor area = 123 square meters Price = Php 28M Details :  Two bedrooms, two toilet & bath, living room, dining room, kitchen, maid’s room Semi-Furnished, one parking slot, high floor, panoramic views Tenanted with good...

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Essensa Forbes – Best Views

CONDOMINIUM FOR SALE : Location :  Essensa Forbes, Bonifacio Global City, Taguig Floor Area = 290 square meters Price = Php 50M Details : Three bedrooms, three bathrooms, living room, dining room, three parking slots Well maintained, high floor, semi furnished, service area, maid’s quarters Prime unit facing Makati...

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House and Lot for Sale – May 2015

House and Lot for Sale – Makati City Forbes Park – La=2244, Fa=1000m2, @ call for detail, 2 sty, 6br, 10ba, mini theater, 5cg, ff, pool Magallanes Village – La=600 @ 95T/m2, bungalow, 3br, den, big garden Magallanes Village – La=390, Fa=500 @ 32M, 6br, 4ba, 2car garage Dasmarinas Village – La=1678, Fa=897 @ 218M,...

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Aurora Boulevard – Commercial Property with Income

COMMERCIAL BUILDING FOR SALE : Lot Area = 2098 square meters Floor Area = 7500 square meters Price = Php 295M + Vat Details : Commercial building with existing tenants.  Prime location near Robinson’s Magnolia and St. Paul’s College. for serious inquiries, please call 0917-5364829 or 5148481. thank...

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The Importance of Zonal Value

When is Capital Gains Tax and Documentary Stamps Tax on a sale or a Real Property payable to the Bureau of Internal Revenue ? Capital Gains Tax is payable within 30 days after each sale, exchange, transfer or other disposition of real property .  On installment sales wherein both Seller / Developer  and Buyer have agreed on...

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