daily blogs by robert g sarmiento

Worst ??? or Opportunity ???

here's an article from Bloomberg's correspondents, Y-Sing Liau and Ditas B. Lopez.  Interesting article on analyzing what's happening to the Philippines.  It's a fact that before the  Sun rises, darkness occurs, of course, the course President Rodrigo Duterte is going thru is something NO OTHER official / President has ever done, as Filipinos living and doing business in the country, we are all...

What to do with “Unsigned” Reconstituted Transfer Certificate of Title ( TCT ) ?

What to do with an "Unsigned" Reconstituted Transfer Certificate of Title ( TCT ) ? It's always a must to do due diligence when working on a sale property after all, an investment is being made and one has to make sure the purchase is clear of any issues and concerns.  Take note that in 1988, the Quezon City Hall burnt and most records of the Registry of Deeds including proof of ownership of properties...

Smart Motorway Tunnel – A Solution to Flood Problems

The ongoing climate change the world and the Philippines in particular has experienced recently like Typhoon Glenda and Typhoon Yolanda, which by far was the strongest storm ever recorded in history will become more common and also raise baseline sea levels and increase general risk in coastal flooding. We're seeing today that aside from massive lives being lost, the indirect economic damage of...

Transparency in Philippine Real Estate Market

The Internal Revenue Service in the Philippines, Bureau of Internal Revenue (BIR)  has been aggressively monitoring the real estate market and this close watch has affected the way business is being transacted in the Philippines. Transparency on transactions have increased thus also raising the revenue of BIR.  This is great for the Philippines because as an "Emerging Market", one of the key...

Q&A on Primary Residence Capital Gains Exemption

In this industry we're in where the rules and regulations affecting the Philippine Real Estate Market is undergoing frequent changes, it's always best to verify every transaction with the concerned government entity in order to assure a smooth transaction.  Recently, i came upon an interesting case where the "Primary Residence Capital Gains Excemption" is the issue. The regulation says that the...

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