Real Property Tax

Malabon tax delinquent properties auction slated on November 28, 2011

by Jay Castillo on November 15, 2011 · 0 comments

in Tax Delinquent Properties

Malabon City Treasurer Amalia Santos has recently released the list of Malabon tax delinquent properties that are to be sold through a tax foreclosure auction sale on November 28, 2011, 9:00am, at the Lobby of the Malabon City Hall, F. Sevilla Boulevard, Tanong, Malabon City, Philippines. The said Malabon tax delinquent properties shall be “offered for [...]

Pasay City Tax Delinquent Properties auction sale slated on September 15, 2011

by Jay Castillo on September 10, 2011 · 1 comment

in Tax Delinquent Properties

According to the official website of Pasay City, there will be a tax foreclosure auction sale of Pasay City tax delinquent properties on September 15, 2011, 10:00am, at the 4th floor, Session Hall of the Pasay City Hall. The notice for Pasay City Taxpayers on the website also mentioned that notices of delinquencies have already [...]

First Notice: Tagaytay Tax Delinquent Real Properties 2011

by Jay Castillo on September 9, 2011 · 3 comments

in Tax Delinquent Properties

Tagaytay City recently published a first notice for tax delinquent real properties, by virtue of the provisions of Sec. 2A. 44 of the Codified Revenue Ordinance of Tagaytay City enacted from Section 254 of the Local Government Code of 1991. Nope, this is NOT a tax foreclosure auction sale. At least not yet. This is [...]

Recent BIR Issuances on Property Valuation may affect real estate investors

by Jay Castillo on April 27, 2010 · 5 comments

in Capital Gains Tax, Property Valuation, Real Estate Taxation

A post by Cherry Castillo I can see that the BIR is dead serious in collecting revenues for the government and is exploring all avenues where tax collection can be improved. In fact, the BIR has a string of recent issuances all concentrating on real property valuation, specifically on updating zonal values to be at [...]

Sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991

by Jay Castillo on March 25, 2010 · 6 comments

in Property Tax Sale, RA 7160 - Local Government Code, Tax Delinquent Properties

Notices for the foreclosure sale of tax delinquent properties in the Philippines always indicate that the sale or auction is being done by virtue of sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991. Rather than include sections 260 and 263 of RA 7160 with every notice of [...]

Our journey to our new house – Finding a new home like true real estate investors

by Jay Castillo on November 20, 2009 · 29 comments

in Real Estate Investing, Site Updates

My wife who has become so obsessed with finding a new house we can call our home shares updates on what we are thinking of doing with our old house that was devastated by Ondoy, what things to consider, our target locations, finding not just a house but also a sound real estate investment by [...]

9 Lessons Learned From The Real Property Tax Foreclosure Auction Sale In Quezon City

by Jay Castillo on July 3, 2009 · 15 comments

in Investing in Tax Delinquent Properties, Lessons learned, Property Tax Sale, Tax Delinquent Properties

I attended the Quezon City real property tax foreclosure auction sale yesterday and although I was only able to make it to the last forty minutes of the auction, I was still able to learn a lot and I would like to share these lessons here. Incoming search terms: real property tax, real property tax [...]