Capital Gains Tax Exemption Philippines with Sample Computations

In this video, pag-uusapan natin kung paano maging exempted sa Capital Gains Tax. Magbibigay din ako ng sample computation para mas maintindihan.
Yes, if you are selling your principal residence, you can avoid paying Capital Gains Tax provided that the following criteria are met:
✔️The proceeds of the sale of the principal residence have been fully utilized in acquiring or constructing a new principal residence within eighteen (18) calendar months from the date of sale or disposition;
✔️The historical cost or adjusted basis of the real property sold or disposed of will be carried over to the new principal residence built or acquired;
✔️The Commissioner of Internal Revenue has been duly notified, through a prescribed return, within thirty (30) days from the date of sale or disposition of the person’s intention to avail of the tax exemption;
✔️The exemption was availed only once every ten (10) years;
✔️In case there is no full utilization of the proceeds of sale or disposition, the portion of the gain presumed to have been realized from the sale or disposition will be subject to Capital Gains Tax.
In case of sale/transfer of principal residence, the Buyer/Transferee shall withhold from the seller and shall deduct from the agreed selling price/consideration the 6% capital gains tax which shall be deposited in cash or manager’s check in an interest-bearing account with an Authorized Agent Bank (AAB) under an Escrow Agreement between the concerned Revenue District Officer, the Seller and the Transferee, and the AAB to the effect that the amount so deposited, including its interest yield, shall only be released to such Transferor upon certification by the said RDO that the proceeds of the sale/disposition thereof has, in fact, been utilized in the acquisition or construction of the Seller/Transferor’s new principal residence within eighteen (18) calendar months from date of the said sale or disposition. The date of sale or disposition of a property refers to the date of notarization of the document evidencing the transfer of said property. In general, the term “Escrow” means a scroll, writing, or deed, delivered by the grantor, promisor, or obligor into the hands of a third person, to be held by the latter until the happening of a contingency or performance of a condition, and then by him delivered to the grantee, promise or obligee.
Capital Gains Tax Return / BIR Form 1706: www.bir.gov.ph/images/bir_fil...
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[@rolandobacugan7196]

Precise and concise ☺️ Thank you

[@OwnPropertyPH]

Thank you so much 😊

[@vincenttabamo4737]

Ang galing nyo po mag-explain. Thank you po for this!

[@tesstomita7644]

Thank you sa explanation

[@kobexin]

Great video - super detailed...learned a lot about exemptions in the philippines!

[@OwnPropertyPH]

Thank you so much 😊

[@graceymaggy8075]

Thank you for sharing Godbless po

[@LoidaGLopez]

Thank u for your informative video on capital gains and capital gains exemption its good to know how everything is computed but it's a lot of paper works!

[@OwnPropertyPH]

Yes, ma’m, it really is a lot of paper works 🥺

[@yumiebolasco6096]

Thanks sa info.

[@typewriterguy5790]

Thank you for making this video. So many people nag waste ng Pera dahil they end up pay capital gains na hindi naman pala dapat. Mostly kasi sa brokers and realestate agents sa Philippines na magka Pera lang agad. Most of them hindi nag study talaga sa laws sa real estate. I am very thankful na may video ka na ma ishare ko. I read about the exemption last month, but Mas na day dagan ang kaalaman ko dahil sa video mo. So thank you, thank you.

[@reynaldolacaba5925]

❤

[@jaime2581]

Thank you so much so helpful.

[@jaime2581]

New Subscriber here!

[@johnleonardoffemaria3089]

inspiring agent maam. Hirap nya intindihin but worth it. Thank you so much po. More videos papo

[@OwnPropertyPH]

Salamat po 💕 Yes, more upcoming videos pa po na marami kayong matutunan. Stay tuned po 😊

[@johnleonardoffemaria3089]

@@OwnPropertyPH may group chat poba kayo ng mga Agent maam. Can i join po?

[@OwnPropertyPH]

@@johnleonardoffemaria3089 yung group chat ko po para sa members lang po ng QCRB under Philippine Associations of Real Estate Board. Need po magbayad ng membership bago makasali po. Hanap din po kayo ng PAREB na malapit po sa inyo tapos sali po kayo 😊

[@johnleonardoffemaria3089]

@@OwnPropertyPH Ayy ganun poba. Accredited palang po kasi ko wala pang benta gusto ko sana maenchance po. Hanap ako group of agents. Dito po kasi sa Realty ko now kanya kanya.

[@OwnPropertyPH]

@@johnleonardoffemaria3089 yan ang way namin to connect with other real estate agents po, be a member of real estate organization 😊 Sila yung matatagal na sa industry. Yung ibang chat groups hndi po effective kasi.

[@jamesortega8681]

clear lahat ng explanation pero parang may butas po ang rules nila na hindi pabor sa tax payer. for example may business ka na photo studio sa address A(for example). pag nag file ka ng itr syempre nakalagay dun yun address mo na A kasi yun ang ni register mo na business address sa registration form at sa itr form. pero paano kung ang residence address mo ay sa address B kasi madalas iba ng business address sa home address ng isang business owner. so baka sabihin ng bir hindi ka qualifed ng cgt tax exemption for seling address B, kasi address A ang naka lagay sa last itr na finile mo. paano napo ang solution dito eh kung tutuo naman na residential adrress mo ay address B? hope u can help clear this for everyone

[@josedolly9699]

*_talino talaga nyo po_*

[@OwnPropertyPH]

salamat po 😊

[@howlindavecezar8780]

Hi po Maam. Thank you for the very informative and helpful video. May I ask po if the CGT Exemption is also valid if ang ibebenta ko ay portion ng lot ko but the proceeds will totally help used sa construction ng bahay ko?

[@viktorlabuk7962]

Magagawa yan pag masipag ang seller..😊😊😊

[@OwnPropertyPH]

Opo or kapag nag-hire ng real estate broker para assist siya 😊

[@jeyoleoncio842]

Very informative! Salamat ng marami for this. May I ask a question? How would the BIR know that CGT is deducted from the selling price of the property. Can the seller simply issue a check to the BIR for the CGT amount that will be deposited in the escrow account?

[@OwnPropertyPH]

Hi, the BIR will use the Deed of Absolute Sale to determine the selling price. The buyer will be the one to facilitate the deposit of the check in the escrow account 😊

[@skillfullyyoursmaris4425]

Mam, puede magtanong kung kailan nagsimula ang BIR nagimplement ng capital gains tax, sa year 1989 ba? Salamat po.

[@cindysoriano9849]

How do I address the MC? Same as usual or is it different when escrow ?

[@reymondechavez5893]

How many calendar day the validity of deed of sale since it notarized

[@tricianicoleorias6701]

Thank you for this information. Can you do a video on how to fill up 1706 form for Capital Gain Tax a Corporation-selling a Share of Stock. Thank youu.

[@OwnPropertyPH]

Hello, I don’t think I’ll make one anytime soon since my channel is focused on real estate. Apologies for that 🥺

[@arlenesunga8741]

If in case I’ll rent out po my condo maybe for a short term or long term rental, what’s the minimum years that I can rent it out to pay only 6% capital gains tax instead of 12% in case I decided to sell it? Thank you po.

[@sherwinvelasco7079]

Hi mam sana mapansin, how to compute estate tax below 5million gross estate, applicable po b ang allowable/standard deduction 5million ng BIR?

[@pitpenalley1728]

hello idol, newbies here, glad to find your video, very informative, concern po ako sa condo unit under mortgage, and the bank advise of foreclosure coz of 1 yrs outstanding, my reason is covid19 related & jobloss, what are the things needed to do to save the property, maari po ba syang i-refinance, sino po ang dapat lapitan at kausapin, tnx po

[@OwnPropertyPH]

Hi, sir, since from what I know Philippine banks offered already grace period to help their customers. Kapag BDO kaya hanggang 60-days, other banks hanggang 30 days lang po. If you wanted to save the property, the moment you lost your job po, ang nagawa po sana doon kayo nag-apply ng refinance (pwede sa Pag-Ibig din po) yun nga lang lolobo lalo interest o sana binenta niyo po yung property para khit papano, may narecover po kayo. Mahihirapan na po kayong mag-apply ngayon ng refinancing kasi dapat current ang payments niyo at wala kayong missed payment para ma-approve po 🥺

[@pitpenalley1728]

@@OwnPropertyPH opo, salamat, gusto ko na pong ibenta, matutulungan nyo po ba ako idol, sa pasalo

[@LindonLegutan]

Hi mam meron po ako nakuha na preselling condo nung feb 2023. Balak ko sana ipasalo or transfer of rights kaso sabi ni developer mag bayad daw ako capitsl gain tax. Tama po ba un

[@arborja]

ano po post-reporting requirement pag yun new property will be under pag-ibig financing?

[@peterjohnmingala9608]

Paano po kung most of the proceeds ay ginamit to fully pay the bank loan for the property?

[@itsdoggy756]

Maam question po may client ako na gusto ipasalo yng bahay na acquired nila sa developer the ni loan po ang balance sa pag ibig. Once na maipasalo nila ito meron pa po ba cla bbayaran na cgt? F there is pwede ba sila mg apply ng tax exemption? Tnx

[@maridaelaurice6589]

Paano po kung hindi nagbayad ng capital gain tax yung seller at deceased na din po. 16 years po since nabili yung lupa.

[@maricrislacerna4262]

hello good day, i learned a lot on your video.. is there any option on how to avail capital gains tax exemption.

[@OwnPropertyPH]

Hi, I believe I discussed po the process on how to avail the CGT exemption with the video and that is the only option 😊

[@kiddiesplay6583]

Hello po Ma'am, panu nman po pag magbbnta lang ng portion sa lupa. Tapos ang Mabentahan pambabayad ng utang may exemption po ba sa CGT salamt po sa Sagot❤

[@raymondcarandang336]

Pwede po pang portion lng ng land ang ipagbili taz gagamitin din sa new resident.maeexempt po b sa cgt?

[@jrbordallo6572]

Hello po paano po kung may nakuha na po kaming bagong residence and binebenta po namin ngayon itong principat residence para gamitin doon sa nakuha namin Nakapag dp na po kami doon at nakaprocess na din po sa bank yung loan and plan po namin gamitin yung pera na pagbebentahan namin para bayaran yung bagong bahay

[@chonafetalino9562]

Broker paano kapag hindi nabayaran ang capital gain tax 22 years na. At namatay na yung seller

[@tasuux3177]

Good morning po Ma'am Me'an, thank you for clear explanation about Capital Gains Tax. May inquiry po ako, sorry po pero different sya sa topic, hope you don't mind po. This is about BIR VAT-EXEMPTION for P3.2 Million and Below Real Estate Properties. Bumili po ako ng condo ng March 2016 and turnover po sya this Aug 2023 and within P3.2M ang halaga ng property, VAT EXEPT po ba Ito? Maraming salamat po!

[@OwnPropertyPH]

Hello, hindi po VAT exempted ang real property kasi lagpas siya sa threshold ng BIR. Dapat po P 3,199,200,000 o below that para maging exempt po sa VAT yung real property 🙂

[@rogeldeguzman20]

Really helpful! May I know po if permanently moving abroad and we sell our property to be used in purchasing a new property overseas, would that count as exemption?

[@OwnPropertyPH]

No, the new property to be purchased as residences overseas can’t be exempted from CGT because it is outside Philippine jurisdiction po

[@shinichilou]

very helpful po thank you! question po, what if magpapa assume po kami ng property namin under pag ibig loan na mayron pang 29 yrs to pay at yung assume price namin is mainly yung nabayad lang namin na amortization sa loan. kelangan pa din po ba namin magbayad as seller ng capital gains tax kahit 1 year lang namin nagamit yung property at hindi yung total contract price yung assume price namin?

[@hadzival]

Same situation, sana masagot

[@OwnPropertyPH]

Kapag na sa pangalan niyo na po ang titulo dahil naasikaso na ng real estate developer then kailangan niyong magbayad ng CGT pag ililipat na sa pangalan ng bagong buyer pero pwede niyo rin naman ipasalo po yun sa buyer ang CGT po 😊

[@hadzival]

@@OwnPropertyPH thank you may follow up din ako. Yung BIR din kasi sabi pag may deed of sale na, within 30 days need bayaran ang CGT. Pag sa repurchase na process pero wala pa yung titulo from developer, basta may deed of sale with assumption of mortgage na between buyer/seller, need na ba bayaran ang CGT? Or talagang upon title transfer pa? Thanks so much more power to your channel. Ang hirap kasi intindihin ng mga proseso walang maayos na source. Kayo lang po. Hehe

[@bernardinomoreno2784]

Mam,what advice can you give me if the sale of property was made within the family circle,what can i do to pay less amount on the capital gain tax?sana po matulungan nyo ako,salamat po ng marami.

[@OwnPropertyPH]

Hello, I regret to inform you na wala pong way para mapababa ang capital gains tax kahit na within family circle ang bentahan po 🙁

[@jinx-sh3kl]

Hi po mam, what if po kung pre selling palang yung condo and ifflip lang po after 4-6 yrs bago mag turnover , kailangan pa po ba mag bayad ng CGT if yung plan is bumili ng bigger unit or a house.

[@OwnPropertyPH]

Kailangan po kasi hindi na-meet ang conditions for CGT exemption

[@carlosungson3340]

I have a house in Ilocos and condo in Makati which I used to stay on both property.. Now I want to sell my condo in Makati, am I intitled for a capital gains tax exemption?

[@OwnPropertyPH]

Hello, you will only be entitled for CGT exemption if you condo in Makati is your declared principal residence. Meaning you have proof that you really reside there via “Certificate of Residency” from PMO and in your billings & IDs, your address is there. Hope this helps 😊

[@Charmahcharm]

Hi. Thanks for your videos. I would like to ask if it's okay to give a copy of the title of property, tax declaration to the broker. I am currently wanting to sell my property lot in the Philippines. Safe po ba ibigay ang mga documents na ito. Nakakatakot kc bka mabenta ng hindi ko alam . I'm just afraid of scams. Pls advise if it's ok to just send a screen shot of the title to the broker. Thnx

[@OwnPropertyPH]

Hello, if you will be assisted by a licensed real estate broker, you should give him a copy. He needs to do his due diligence before listing it 😊 Also, you’re just giving a copy so ownership can’t be transferred not unless there will be fraud. Make sure na licensed talaga ang kausap mo pong broker. Maraming ahente na nagsasabing “broker” sila kahit hindi naman po talaga. Ask for a copy of the ID and then verify at PRC’s website 😊

[@mariembuenaventura1278]

Thank you po sa content mam, bale kc yung real estate agent kopo sina sabi nya na if ibebenta yung unit sabihan siya. So possible din po mam na pwede sila mag assist ng mga documents sa ganon para ma exempt din sa capital gains tax no?

[@OwnPropertyPH]

Hello, it depends po sa real estate agent. Hindi po lahat ng real estate agents may kakayanan mag-assist sa transfer ng property po. At make sure lang po to deal with legal real estate service practitioners - licensed real estate brokers and accredited real estate salespersons for your protection po 😊

[@darenkristineviray6347]

Mam, thanks po sa video. Nagsell po ako ng condo tapos bumili ako ng townhouse. Kaso yung condo ko po nabili ko po yun nung ofw na ako. Pero pag umuuwi po ako ng pinas dun ako tumutuloy. 1. Considered po ba na principal residence ko yun? 2. Installment po yung bayad sa nabentang condo, pero yung downpayment po pinang down ko sa bagong property na townhouse. Tapos yung monthly payment sakin, pinang babayad ko din po ng monthly amortization ng new property. Pasok po ba ito sa exemption? Thank you in advance po. Malaking help po ang video na ito.

[@OwnPropertyPH]

1. Ok Kapag may documentation po kayong mapakita na yun talaga ang principal residence niyo for example certification from condo management at billings na yun yung address niyo, pwede po yun i-consider na principal residence niyo. 2. Kailangan kasi magastos niyo yung buong amount ng pinagbentahan kaya kung installment at lumagpas sa prescribed period of time, hindi niyo na po ma-avail ang CGT exemption

[@maryjaneestrada4223]

Hi Tanong Po..Ang property located in Cebu.tapos Ang buyer nasa Davao.pwede Po ba sya Doon. Sa Davao Metrobank magbayad? Nakapa compute nappo sa CGT and dst sa RDO 83 Talisay City Cebu.

[@OwnPropertyPH]

Hello, hindi po pwede sa Davao Metrobank. Inexplain ko po sa video about Capital Gains Tax kung saang RDO po dapat 😊

[@everskitchennete308]

Hi there, ask ko lng po , my brother in law wants to sell his house and lot here in the philippines, but he is an australian citizen, is he subject to exemption in capital gain tax? Thank u.

[@OwnPropertyPH]

He isn’t exempted since the property is within the Philippines jurisdiction. He will have to apply for a TIN no. for the payment of CGT and yes, BIR issues TIN no. even to foreigners 😊

[@ashleykeshiaanas5932]

Hi Ma'am. Salamat dito sa Vid niyo. Laking Help. May question po ako sana po mapansin niyo. Balak po kasi namin ibenta yung House namin pero may balance pa sa pagibig mga 700k na lang po. Ngayon may gusto pong bumili ng House for 4M. Then babayaran namin yung 700k sa Pagibig using po yung money ng buyer namin since nag agree naman sila. 4M pa rin po ba yung may CGT? Or yung tira na lang na 3.3M something? Then balak din kasi namin bumili ng new house kapag nabenta na. Sana po masagot niyo ako please. Thank you.

[@OwnPropertyPH]

Hello po, kung ang selling price na P 4 M ang pinaka-mataas kaysa sa zonal value at value sa tax dec then iyan po ang basis ng CGT. Pwede po kayo ma-exempt sa CGT basta ma-prove niyo na principal residence niyo po talaga ang bahay na binebenta 😊

[@ahentengilonggo]

Hi. How about yung pre selling? Downpayment stage pa lang then i bebenta na yung property, may CGT ba yun?

[@OwnPropertyPH]

Hello, wala pong CGT 😊

[@lynmercado7556]

Mam question po. If resale po ang condo unit and may balance pa sa bank. Need din po ba magpay ng cgt ang seller? I hope mapansin po ang query ko thanks and more power po

[@OwnPropertyPH]

Hi, kapag may balance pa sa bank, hindi pa naman po talaga malilipat ang ownership at hindi pa rin talaga considered sold. Kaya kapag nabayaran na ang bank, natanggal ang annotation ng bank at may na-execute ng deed of Absolute Sale, doon saka kailangan ng magbayad ni seller ng CGT po 😊

[@momswaknswak3304]

Ask lang po, Buyer po ako, May Extrajudicial settlement of estate March 2021 - (hindi po na publish ang EJS) and deed of sale May 2022 (separate documents). Ok lang po ba ito, o dapat mag ka pareho po ang date ng extra judicial settlement at ang deed of sale. EJS 2021 (wala po bang penalty ito sa BIR) Concern ko po: yung lote lang po ba na Nabili ko sa seller ang Subject sa estate tax. Hindi na po ba Masasangkot ang iba pa nilang property. Please advise po. Maraming Salamat po.

[@OwnPropertyPH]

Dapat EJS muna before DOAS at kung 2021 pa EJS may penalty na po dahil hindi covered ng tax amnesty. Lahat ng properties nung deceased ang subject ng estate tax kaya para sa protection mo po dapat kumuha ka ng heir’s bond. Mamaya kasi may tagapagmana na maghabol po

[@momyduties]

pag resale / pasalo condo po under TOR palang may CGT po? and sinu po dapat magbabayad? seller?

[@OwnPropertyPH]

If under TOR and property is being sold by developer, you don’t have to pay for CGT. It’s the developer who is liable for it. What you need to pay is the transfer fees of the real estate developer 😊

[@ericadizon1297]

Mam how if the lot was given to me by my brother, is he entitled to capital gain

[@OwnPropertyPH]

If it was given to you by your brother, what needs to be paid instead is donor’s tax 🙂

[@lianacariza]

Ask lang po ma'am. Regarding bahay Pasalo na assume balance po sa PAG IBIG. 700k pa ang utang kay pag ibig na iaassume ng buyer ko. Bale po nag papa bayad ako ng 150k khit balik equity lang. Magkano cgt nun need pa rin ba mag byad ng cgt? Kasi yung title nka name na sakin at hindi sa developer. plano ireprepurchase ni buyer sa PAG IBIG para under her name na yung housing loan. Sana may makasagot po. Salamat.

[@OwnPropertyPH]

Kapag yung selling price po ang pinakamataas na value compared sa zonal value at FMV based sa tax declaration, ang CGT po ay P 51,000 (6% of P 850k). Need pong bayaran ang CGTpara ma-transfer yung title sa name niya. Sayo na po kasi nakapangalan ang titulo gaya ng sabi mo po 🙂

[@edreicanda8129]

Paano mangyayari sa ECAR.. mabibigay ba agad un ECAR for the change title to the buyer or aantayin pa matapos itong process na ito?

[@OwnPropertyPH]

CAR is also eCAR.Ang difference lang eCAR na ang iniissue kasi para nasa system na ng LRA at hindi po mapeke. Yung eCAR ibibigay kapag nabayaran ang CGT at DST pati na-comply ang requirements ng BIR. Itong na sa video ay part ng CGT so definitely need matapos po itong process na dinidiscuss ko sa other video ko na How to File CGT po 🙂

[@ryanriovaldez3185]

Say 10M po yung pinagbentahan tapos ang biniling house and lot ay nasa 7M lang tapos 1M lang additional renovations, mape-penalized pa rin ba? O taxable lang yung 2M?

[@OwnPropertyPH]

Wala pong penalty. Ang penalty applicable kapag hindi nagbayad on time. Taxable lang po yung P 2 M na hindi nagamit. So P 120,000 ang CGT na babayaran po 😊

[@sharonannvargas7620]

Hello, papaano po if lupa lang po ang binibinta.. pwede pa din po ba maging exempted sa cgt?

[@OwnPropertyPH]

Hi, hindi po. Kapag bakante kasi ang lupa, walang tirahan at hindi siya pasok sa requirement na principal residence dapat ang binebenta po

[@jhayharvey]

mam question what if si buyer ang mag babayad ng cgt.. possible b un for exemption?

[@OwnPropertyPH]

Hello, hindi po. Dapat si seller ang magbabayad ng CGT para maging exempted at matugunan ang condition gaya ng pagbili ng bagong principal residence 😊

[@raven111111111]

Pwede rin po bang maiapplay ang capital gain tax exemption sa 5 hectares na lupa? Thanks

[@OwnPropertyPH]

Hindi po kasi ang pinaka-requirement sa Capital Gains Tax exemption ay principal residence po dapat

[@lawrenzeabbylucero7379]

hello po sana makita po agad, i have question po pag po ba 6 months palang po di pa kaka 18 months bumiling lupa matapos mag bili exempted po?

[@OwnPropertyPH]

Hi po, kapag lupa lang po hindi siya exempted sa CGT. Kailangan may bahay po

[@ghengocampo8351]

What if na acquire po ung lote sa banko, sino po magbabayad ng capital gain tax? Ung banko or yung bumili?

[@OwnPropertyPH]

Kapag yung bangko ang seller, karaniwan na responsibilidad ng bangko ang pagbayad ng CGT. Kaso maaaring may specific arrangement o agreement na hindi parte ang CGT sa sales price kaya pag ganoon po, dagdag sa babayaran mo ang CGT. Best to clarify with the bank 😊

[@jonathanandaya8436]

Question po mam pwede po ba ako ma exemted sa cgt ang napagbentahan ko po ng lot only sa subdivision ay ibibili ko ng house and lot TIA PO.

[@OwnPropertyPH]

Kailangan ang pinagbentahan niyo po ay house and lot din po kasi principal residence ang required na property po

[@jonathanandaya8436]

@@OwnPropertyPH Salamat po

[@TiMz]

Ang gulo naman ng condition #1. Kala ko ba pwde ma exempt pag mag dodownsize ng principal residence, eh bakit kailangan gastusin ng buo yung pera galing sa sale within 18 months??

[@OwnPropertyPH]

Hi, example ko lang po yung downsize kapag empty nester sa unang part. At pag nag-downsize hindi ibig sabihin na mas mura ang binili na property. May mga naging clients po ko na from bahay to condo (mas maliit ang space) pero pareho pa rin ang presiyo. With regards doon sa kailangang gastusin ng buo within 18 months, nakasaad yun sa batas. Pero sinabi ko naman po sa video na kasama rin sa batas na kapag hindi nagamit ng buo yung pera na galing sa sale, yung natira, iyon lang po ang i-tatax. I think need niyo pong panuorin ang buong video 😊

[@marvinford1102]

Ma'am exempted po ba kung ang bibilhin mong property ay agricultural land (farm) na titled na? Sana po masagot. Thanks po.

[@OwnPropertyPH]

Honestly, wala pa po akong na-encounter na na-exempt sa CGT na agricultural land baka dahil agricultural ang classification po 🥺

[@marvinford1102]

@@OwnPropertyPH yes Ma'am. Agricultural po ang classification niya. Thank you po.

[@gamzgranja8867]

good pm po. Need po ba magbayad ng CGT if ipapasalo ko po ung pre-sale condo na kinuha ko which 3 yrs ko palang binabayaran ung installment/downpayment nya( 6yrs instalment). maraming salamat po

[@OwnPropertyPH]

If ever under developer pa po, hindi niyo po need magbayad ng CGT 😊

[@gamzgranja8867]

yes po under pa po sya sa developer. thanks po sa sagot

[@Gojosaturo963]

Good pm mam... Ask ko lang po... Kapag po ba mana ung lupa need po ba magbayad ng gain tax?

[@OwnPropertyPH]

Hello, kapag minana po ang lupa,need bayaran muna ang estate tax at ilipat ang titulo sa pangalan mo po o ng tagapagmana. Yung tagapagmana, kapag ibebenta na niya, need niya pa rin magbayad ng Capital Gains Tax 🙂

[@lourdesitarenardson5449]

Hello po,exep baako magbayad Ng gain tax sa palayan na ibibinta KO nasa ibang bansa na ako? Kaya KO ibinta dahil hindi na ako citizen Ng bansa.

[@OwnPropertyPH]

Hi, hindi po exempted sa pagbayad ng Capital Gains Tax kahit na sa ibang bansa ka na po. CGT po kasi ay tax dahil kumita sa nabentang property

[@frances_2013]

Paano po kung ang nabiling property ay foreclosed.

[@OwnPropertyPH]

Sa tingin ko pwede po basta maging principal residence niyo po

[@liezelflores1131]

PANO PO PAG RESALE NA CONDOMINIUM MAY CGT PO BA?

[@OwnPropertyPH]

Kapag ang ibebenta ay resale na condominium, meron pong CGT unless mag-avail ng exemption 😊

[@ck32023]

What if hindi nabayaran yung cgt within 30?

[@OwnPropertyPH]

May compromise penalty, interest, and surcharge po 🙂

[@dulzamore9573]

How about sa lot po?

[@OwnPropertyPH]

Ang alam ko hindi applicable po kasi hindi po natitirahan ang vacant lot

[@user-tl7dr2ze4c]

sa dami ng tax evader na multibussinesses owner kawawa pa yun mga ordinaryong Pilipino na kahit kakarampot lamang ng binebenta na ari arian babawasan pa ng gobyerno khit pa nagbabayad ng property tax.pampuhunan na ng mga seloer iyun napakalaking ibinibawas sa pinagbentahan ng seller.bugok iyun mga lawmakers na gumawa ng tax code na yan, makikisawsaw pa,makikihati ng walang pagod sa pinaghihirapang ipinunda mg ikang taonr na lupain o property ng bawat Pilipino sa kagustuhang umangat at magkaruon ng negosyo,makikiagaw pa sa parte ang BIR.only in the Philippines buwisit!!!

[@OwnPropertyPH]

Important talaga na tama yung mga government officials na binoboto po natin para sana maayos ang batas, maayos ang enforcement at ma-manage ng maayos ang utang ng Philippines hindi yung pataas lang ng pataas ang utang po natin 🥺

[@matheresadass4161]

grabe ung content, puede nang maging instructor

[@OwnPropertyPH]

I'll continue to upload informative real estate videos. Hoping you consider subscribing po 😊

[@andybernal9690]

Madugo and complicated ang mga steps, parang ayaw nilang mag exempt bwisit, dapat gawing simple ng government.

[@OwnPropertyPH]

Totoo po 😆😅 Mababawasan daw pondo po kasi nila. Unti lang tuloy ang nag-aavail po.

[@robinbaluyut7584]

sakit sa ulo ahahaha daming proseso ... kunin nalang kitang Broker ko kapag dumating na yung araw na Bumili ako ng Bahay at Lupa sa gusto kong place... para ikaw na mag asikaso ahahaha

[@OwnPropertyPH]

Ok, sige po 😊 Kindly email me nalang po sa [e-mail] kapag bibili ka na po 😁

[@MarkjordanGappe]

Hello po mam tanong ko lang po exempted po ba kami sa capital gain tax kung yung pinagbentahan ng property yung kalahati nun ibibili din po ng another property? salamat po