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Airbnb has revolutionized the short-term rental market in the Philippines, offering homeowners and investors a lucrative opportunity to earn passive income. However, starting an Airbnb business requires more than just listing your property online. This guide will walk you through everything from legal compliance to maximizing your profits. Why Start an Airbnb Business in the…
The Bureau of Internal Revenue (BIR) has officially raised the VAT-exempt threshold for real estate sales in the Philippines from P3.2 million to P3.6 million. This update aims to provide relief to homebuyers and boost property transactions. What This Means for Buyers and Sellers The new VAT exemption applies to the sale of residential lots,…
The realm of real estate is not just about finding the perfect property or the right buyer; it’s also deeply intertwined with legal compliance and understanding the complex web of laws and regulations. Globally, real estate transactions are governed by a myriad of legal frameworks, each with its intricacies. In the Philippines, the landscape is…
Documentary Stamp Tax (DST) in Philippine Real Estate: An In-Depth Analysis The real estate market in the Philippines is vibrant and diverse, attracting a multitude of investors, buyers, and sellers. A critical aspect of real estate transactions in the Philippines is the Documentary Stamp Tax (DST), a levy imposed on documents, instruments, loan agreements, and…
