Property Tax Philippines or Real Estate Tax Part 2 of 2. In this video, we are going to learn how to compute tax and fees for transferring for selling property

Assesed Value = Zonal Value x Property Size

Real Property Tax = (Assesed Value x 20%) x 2% (Metro Manila) or x 1% (Outside Metro Manila)

Capital Gains Tax = Selling Price or Assesed Value x 6%

Documentary Stamp Tax = Selling Price or Assesed Value x 1.5%

In Registration Fee we just have to follow the LRA
or the Table of Fees of LRA (Land Reristration Authority)

IT Fee (Information Technology)
It may be 1%, you can check it to your municipality or city

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As a property YouTube channel and being PH Property Guy that discussed how to compute real property tax in the Philippines. I want to make property agent tips, first rental property tips, rental property tips for landlords with proper knowledge of property lease agreement, lease agreement for rental condo, house rental agreement, property documents for home loan and property loan interest rate.

I also try to give updates on housing market, current property market for real estate for beginners 2021. This channel topics not just property buying tips but also how to be real estate agent and how to calculate real estate commission,

As we know the property guide real estate on how to buy a house. I'm looking to finally talk about commercial real estate if time & experience permits.

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