Archive for the 'Real Estate Review' Category

Real Estate Brokers Licensure Online Review?

You’ve probably heard about the RESA Law, and how responsibility over the Philippine real estate brokers licensure examination has been transferred from the DTI to the PRC.

Urban Institute of Real Estate Review – Oct 2009 Exam

The Urban Institute of Real Estate announces its schedule of Monday, Thursday, and Saturday sections as part of its Comprehensive Real Estate Seminars (CRES) series for those who are planning to take the real estate brokers’ licensure examinations which will be held in October 2009 (subject to verification).

Creditable Withholding Tax

When a realty developer or seller habitually engaged in the realty business sells property, one of the taxes that has to be paid to the BIR is the Creditable Withholding Tax (CWT). Here’s how to compute for it…

Foreign Ownership of Land in the Philippines

Here are the basic rules covering foreigners who want to own Philippine real estate.

Capital Gains Tax and BIR Form 1706

Here are additional notes concerning the Capital Gains Tax (CGT), based on information that appears in BIR Form 1706.

Local Government Code of the Philippines

Here is just a portion of the Local Government Code of the Philippines, specifically Title II of Book II (Local Taxation and Fiscal Matters). In some CRESR programs, the handouts will show only the sections which the reviewer recommends that the reviewee focus on. But if you’re curious about the entire Title II of Book […]

Real Estate Review Topics

Here’s a list of topics covered by some real estate review classes. Over time, I’ll organize the data in this site so that you’ll have a better flow of study. Now on to the list of topics…

Types of Assets

As a real estate broker, you basically have to consider two kinds of assets when determining taxes which have to be paid to the BIR: 1. Ordinary Assets (pay Creditable Withholding Tax) 2. Capital Assets (pay Capital Gains Tax, 6%) Ordinary Assets are: Assets acquired by the bank Depreciated Stock in trade Used in business […]

Real Estate Seminar and Review Online

There are a lot of people who want to become licensed real estate brokers in the Philippines. You’d be surprised at how jampacked all these comprehensive real estate seminar and review (CRESR) sessions can be. The main challenge of reviewees, however, is TIME. What with the traffic, our hectic full-time jobs… when will we have […]