Blog Posts on transaction costs and tax dues to government

VAT Exemption Threshold by Real Estate Service Coach on Jan 23, 2012Effective 01 January 2012, BIR rules Increased Threshold for VAT ExemptionThe BIR has released Revenue Regulations (RR) No. 16-2011 dated October 27, 2011 which increased the threshold amounts for VAT on the sale of residential lots and house and lot...

Transaction Costs and Tax Dues to Government by Real Estate Service Coach on Jul 6, 2010[Basic Knowledge for Brokers]Below are the transaction cost and tax expenses that should be considered in buying, selling, or brokering real estate. xxxxxNOTARIZATION OF DEED This one-time expense is payable to the Notary Public Attorney for every pi...