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Real estate tax vs withholding tax

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1 Real estate tax vs withholding tax on Sat Dec 20, 2014 11:34 pm

adele13


Arresto Menor
i would like to confirm this article i read, is it true that if the real estate i bought is being used as a form of income, lets say its being lease, since i also have a day job, will either of my tax (real estate and withholding tax) reduced or even exempts me from paying?

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2 Re: Real estate tax vs withholding tax on Mon Dec 22, 2014 6:30 pm

tsi ming choi


Reclusion Perpetua
Nope. In fact, it is considered as an additional income derived from passive income. Thus, it will not relieved your or reduced your or even exempt you from paying your respective taxes.

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3 Re: Real estate tax vs withholding tax on Tue Dec 23, 2014 9:07 am

adele13


Arresto Menor
thank you for your confirmation.

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