The DOF presented its Real Property Valuation Reform (RPVAR) plan in an event in Cebu last February 25, 2023.

Here are three things I wish the BIR would do to improve services. Just some wishful thinking.

The BIR has released new zonal values for RDO 045 - Marikina City that are effective February 16, 2023.

On February 16, the BSP raised key interest rates by another 50 basis points (0.5%) after January recorded an inflation rate of 8.7%.

The ONETT is BIR's "one-time transaction" computation of taxes to be paid for selling a real estate asset.

Cong. Salceda filed a bill that imposes a 25% tax on non-essential goods (NEG), which includes RE properties sold for more than P100K/sqm.

Under this law, RE buyers who have paid for at least two years and defaulted from the remaining installments are entitled to a refund of 50%

Unknown to many real estate investors, there's another way the BIR could classify you as a person "engaged in real estate business."

Did you know that in Quezon City, house and lots sold by senior citizens are exempt from transfer tax?

BSP Governor Medalla was quoted by PhilStar saying, "the likelihood of zero [interest rate hikes] in the next two meetings is extremely low.