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Rental Income Taxes for Cebu Landlords

Rent from a Cebu condo, house, office, or warehouse counts as income. And the Bureau of Internal Revenue (BIR) expects a share of it. Most Cebu landlords owe some form of rental income tax. But the exact bill depends on your rent amount, your tenant type. And whether you file as a single or a…

Deed of Sale vs. Contract to Sell in Cebu

Buying property in Cebu almost always comes down to two pieces of paper: a Contract to Sell and a Deed of Absolute Sale. They look similar, they both mention a buyer and a seller. And they both talk about a price. But they do very different jobs in a real estate deal. And mixing them…