Capital Asset vs Ordinary Asset: Which Philippine Property Tax Rules Apply?
Whether a Philippine property is a capital or ordinary asset decides everything: a flat 6% capital gains tax, or regular income tax plus possible…
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Buying Property in the Philippines
Plan the financing, verify the property and seller, understand the contract, then close and transfer with fewer surprises.
Start with due diligence
How to Verify a Clean Property Title
The essential checks to make before paying a reservation fee, deposit or purchase price.
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1. Budget and finance
2. Verify the property
3. Compare the contract
4. Close and transfer
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Updates and supporting guides
Estate Tax When Property Is Inherited in the Philippines: What Heirs Need to Pay
Estate tax on inherited Philippine property is a flat 6% of the net taxable estate, due within one year of death via BIR Form…
Donor’s Tax on Real Property in the Philippines: Giving a House or Condo to Family
Donor's tax on Philippine real property is a flat 6% on gifts over ₱250,000 a year, filed via BIR Form 1800 within 30 days…
Local Transfer Tax in the Philippines: Who Pays and How Much?
Local transfer tax is a one-time local government tax on selling or donating Philippine real property — up to 0.5% in provinces or 0.75%…
Pasalo Property Risks: What Buyers Must Verify Before Taking Over Payments
A pasalo buyer only inherits what the assignor actually had — an unpaid balance, a lapsed DHSUD license, or a double assignment becomes the…
Who Pays Which Closing Costs When Property Is Sold in the Philippines?
By law, only capital gains tax is fixed to the seller. Everything else -- DST, transfer tax, registration fees, broker commission, and notarial fees…
How to Check if a Philippine Property Has an Existing Mortgage or Encumbrance
A property still has a mortgage until the bank's cancellation is actually registered with the Registry of Deeds — full payment alone doesn't clear…
Hidden Charges When Buying a Condo in the Philippines: Beyond the Advertised Price
A condo's advertised price rarely covers taxes, developer processing fees, VAT, and turnover costs. Here's the full list of what buyers actually pay beyond…
Property Turnover Delays: What Can a Condo Buyer Do When the Developer Is Late?
When a developer misses its DHSUD-approved completion date, PD 957 lets a buyer suspend payments or desist and demand a full refund with legal…
Assignment of Rights in a Pre-Selling Condo: How Pasalo Property Sales Work
Pasalo is the Maceda Law-protected right to assign an unpaid Contract to Sell to a new buyer. Here is how the legal process, developer…