In any real estate investment or project, all the revenues and expenses were estimated and pre-determined at its very start or conception, serving as the basis for the acceptance or rejection of the proposed invesment. The realization of the projected revenues and expenses can negatively be affected by unforeseen events.One of such is tax penalty and surcharge that can be brought about by neglect, ignorance or incapacity to pay on the part of the investor. Considering that there are frequent changes and issuances of new revenue regulations, like the new VAT Law, in addition to the renewed call for paying correct taxes on time, new and would be investors and even experienced ones should be knowledgeable and be updated on the changes in the taxation rules in order to pay the correct taxes at the right time, thus avoiding penalties.
In this regard, Urban Institute of Real Estate will conduct a seminar on Real Estate Taxation on Dec. 10, 1:30 to 6 p.m. at the Maximo Function Room, Max’s Restaurant, Gateway Mall, Araneta Center, Quezon City.
Topics to be taken are Taxes on Sale, Mortgage and Lease, New Value Added Tax Law, Donor’s Tax and Estate Tax.
The other topics, which may be attended separately and are all stand alone are as follows: Nov. 26 – Investing in Real Estate: Opportunities, Techniques & What are Needed to Learn before Investing; Nov. 28 – How to Start and Manage A Successful Real Estate Brokerage Company; Dec. 3 – Joint Ventures and Syndications for Real Estate Projects; Dec. 5 – Management of Rental Properties: How to Maximize Income of Rental Properties and Dec. 8 – Making Big Money in Distressed Properties.
For other details or advance registration, Urban Institute may be reached at 681-0928, 796-8019 or CP#0916-426-9174/0921-683-9431 or by email at urbanet@pacific.net.ph.