Realty business, nowadays, are even becoming more aggressive and sophisticated with the advent of technological advancements on design and marketing their products. Tax implication of real property disposition basically depends on its classification for tax purposes: ordinary asset or capital asset. To determine for tax savings, the author suggest that a proper study be made as there could be some tax minimization schemes that may help legally reduce tax dues.

Stock market is a good game of money and risk as it deals a level of some strategy and know-how to make money. In here, the process is simple. The main objective is to see to it that the selling price of listed shares are moving positively in the stock market to decide on holding or selling. The higher the market, the better, as the yield or gain would be higher.

This post covers tax implications of renting residential dwellings such as an apartment, condominium unit, and a house and lot in both sides-the lessor or owner and the lessee or tenant. Tax implication would depend on the monthly rental of such units. For every lease contract, a documentary stamp tax (DST) at the rate of [...]