« Last post by PinoyBroker on January 16, 2017, 06:05:59 PM »
You may consult BIR on this.They have a one stop counter in every office. I would consider this as an installment sale and you're right, it should only be taxed on your "gains"
SMF - Just Installed!
It is important to know all of the factors when deciding on which one to buy.
What is best for you?
This is a question that only you can answer, but one that some people donít think about long enough before answering. The answer really comes down to your lifestyle, and your wants and needs.
If you have a large family and want a yard with space for them to use freely, you really enjoy your space, privacy, then a condo probably isnít for you.
If you live a busy life and would like to simplify your living arrangements by having virtually no yard work or snow removal, then a condo may be what youíre looking for.