Leasor-Lessee Relationship and BIR Tax Accounting and Rules
Lease Rules and BIR Tax Accounting and Audit Strategies
In this video, you will learn the tax rules governing the LEASING INDUSTRY (RENTAL) with special mention about the INVENTORY LIST to be submitted within January 2019. It also tackled the BIR Audit-direction-policy that it is planning for Lessors and their Tenant-Businesses including the use of Website, AirBnB, Booking.com, Agoda, etc. to trace potential tax evaders.
IMPORTANTLY, please watch and listen the Online Live Streaming Program of Emelino T Maestro which is entitled 'TAX SPECIALISTA: Making Tax Opportunities Accessible'. Starts 7am from Monday to Friday.
Please don't forget to click 'SUBSCRIBE' via Emelino T Maestro KZread Channel and Kataxpayer Facebook. Thank you and have a nice day.
Give him a call later on.
Tax Specialista Online Live Streaming
"Making Tax Opportunities Accessible"
Starts 7am from Monday to Friday
Visit EmelinoTMaestro.com for free
1. Response templates for certain BIR notices and communications,
2. Video topics on some relevant tax updates and strategies, and
3. Consultation concerning certain tax problems and solutions.
Become a Tax Specialista, apply for a subsidised Study Now, Pay Later Opportunity Program...
For emergency tax-situations, please call 0917(307)1316 or 0939(905)2638 or download TAX MAPPING App from Google Play Store.
THIS PRIVILEGED COMMUNICATION IS FROM THE PERSONAL CONVICTION AND PURE BELIEF OF EMELINO T MAESTRO.
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Пікірлер: 91
Thank you Mr. ETM marami ako natutunan sa you tube seminar nyo.
@EmelinoTMaestro
2 жыл бұрын
fb kataxpayer naman
Loud and Clear sir ETM
Very amazing talaga Yong mga explaination MO idol galing MO subra dami Kong natutunan sayo about business and taxes rules.
@EmelinoTMaestro
2 жыл бұрын
Thanks
Hi sir Crystal clear
Sir, sana po maggawa din po kayo ng tax accounting ng single proprietorship sa nagretail ng product like CCTV..
@EmelinoTMaestro
5 жыл бұрын
Yes we will - admin
Hi Sir Maestro..Paano po Sir yung cases na dating nag re rent? But since kamag-anak ang lessee di na sya nag re rent..Ano po kaya ang kailangan gawin?
Just recently pina upahan ko yun maliit na space ng property ko good for 1 foodcart space (nsa 7sqm) lot size. Nag apply nrin ako ng Mayors permint & BIR. Yun 1st tenant ko start up pa lng sya. Gusto nya muna itry ng 6mos wala pa sya business/BIR permit. Sa case nto allowed b si lessee kaltasan ako ng 5% tax? or ako mismo ang mag file ng 2307 form pra sa 5% tax?
Hi Sir, First of all, Thank you so much for this video. It's very helpful. How does it work if you're self-employed but also with a rental income? (asking for a friend). Can you still keep your taxpayer type as a single proprietor 8% and just add in the rental income as part of your usual income declaration? OR does the status need to be changed in BIR
@EmelinoTMaestro
2 жыл бұрын
global taxation tayo
Sir puwede po mag tanung sinu po pala babayad ng lessor may ari po ba o nag upa ng renta ?
Hi what BIR form i need for rental income for 12000 monthly income? pls reply po thank you.
Hi Sir, may book na po ba for tax accounting ng Lessors? Love your channel! No one else teaches taxations like you do po, Sir!
@EmelinoTMaestro
2 жыл бұрын
thanks... mayroon na tayong membership where I publish bookkeeping lectures for all types of businesses
Sir interested po ako sa Tax Acctng sa Lessor Book kung gagawa po kyo.
bakit sinasabi sa BIR 4 book of accounts maski anong business?
Paanu may business po kasi kami ng parlor po nag papa upa po kasi kami doon sa parlor nayon sinu po pala babayad ng lessor po kami po ba o sila?
how if and lessor ay may 2 unit residential, need p b ng inventory list submission? 1k pa rin b ang penalty? salamat po.
@EmelinoTMaestro
Жыл бұрын
hindi... inventory list is required for sellers of goods and properties
Hello, paano po pagregister ng rental business if example hindi pag aari ang unit? Need po ba munang magregister si owner bago ko maparegister as business ko? Or need lang namin contract na inaallow nya akong gawing business ang property nya? Pag example pinapaupahan ang 1 condo unit na property on daily basis ay commercial na po ba ito? At pano po register ang example 1 residential condo unit na 10k monthly rental na pag aari, 1 residential condo unit na 20k monthly rental na pag aari namin ng business partner ko at 5-8 condo unit na pag aari ng iba ng na pinaparentahan on daily basis? Need po ba sila register separately or pwede ng as 1 business? At kung ang rental business ay nasa ibat ibang city and need din pong register per city? At kung ang mga paupahan ay nasa ibat ibang condo at hindi lang nasa iisang building ay pano po sila register? Paano rin po pag deduct ng expense if fully paid na ang condo unit? Pls help me po. Thanks very much.
@EmelinoTMaestro
2 жыл бұрын
register ka as lessor kahit di mo own ang property.. for more details, please call/text len 09088807568
Hi paano po if yung nagpapa upa ng lupa is hindi official recipet po yung iniissue nya? Like yung resibo na nabinili lang sah mga bookstore pede po ba yung e present sa bir as parts sa bookkeeping?
@EmelinoTMaestro
2 жыл бұрын
Hi! Kailangan registered din po yung receipt with the BIR. Maaari po kasing madisallow as deduction sa inyong gross income if yun po ang gagamitin nyong source document.
Mapepenaltihan Po ba c lessor kapag Hindi sya pumayag na ideduct SA rental ni leasse Ang 5% tax? And San Po pwd mag order Ng Books of entries nyo?
@sherylbeaniza6094
3 жыл бұрын
Same case po sakin madam..ayaw magbayad Ng 5% tax or witholding tax Ang lessor ko po...paanu po kapag ganun sir?
interested for tax accounting for lessor
Hi Sir if residential lang po yung apartment, need pa rin po ba mag file ng tenants information sa BIR? Family lang po sila. TIA po.
@EmelinoTMaestro
2 жыл бұрын
yes, there is no distinction sa batas
pwede po ba mag 8% tax rate ang OPC? pano po pag multiple locations ang paupahan? san po ireregister ang BIR?
@EmelinoTMaestro
2 жыл бұрын
8% yes, register 1 head office and the other spaces are branches.
please make a blog about illegal sub-leasing sa apartment ito po un isa sa hindi aware ang mga renter at rights to ask for proof of ownership ng renter dahil minsan renter rin sila at pinatungan lang nila ang price then foreclosed paka ang Property kawawa si renter.
@EmelinoTMaestro
3 жыл бұрын
ok will do
@NervAnahalen
3 жыл бұрын
@@EmelinoTMaestro required ba ng bir n iparehistro ang paparentahan
Sir pwedi ba magtanong about sa resibo ng inupan namin kc ang binigay na resibo sa my ari buocher lng hindi OR inig sabihin hindi sila nag bayad sa BIR marami kc ito paupahan na bahay pero ang resibo lng boucher lng
@EmelinoTMaestro
2 жыл бұрын
your guess is nearly correct
Good day sir, do you sell tax books? so I could buy for study purposes.thank you
@EmelinoTMaestro
2 жыл бұрын
less than 500 videos are now accessible.. free book available.. join Tax Specialista discord.gg and Kataxpayer FB
Interested ako sa tax acctng sa lessor. Pano makakuha
Tax accountanting for Lessor. Interested po ako.
@EmelinoTMaestro
3 жыл бұрын
join tax specialista discord
Hi sir. Just new po apply sa leasing permit, as lessor. Okay lang po ba na kahit naka bank loan pa ang aking unit tas panu po sa tax. Ibawas po ba sa monthly rental ang monthly payment ko sa bank? Pls advice po. Thank u
@EmelinoTMaestro
4 жыл бұрын
yes, you can engage in leasing activity. no, you cannot deduct your rental income from your amortisation. you can deduct your depreciation from your gross income. Thanks
Sir pwedi nagtanong ako nangupahan din ito nangupahan dito 12pinto pero ang binigay nmin sa my ari na resibo boucher lang hindi OR pwedi ba yon
@EmelinoTMaestro
2 жыл бұрын
Hi Lilibeth, kindly clarify your concern. You can send us an email here, eventsforetm@gmail.com
Would like to know the tax accounting for lessor
@EmelinoTMaestro
2 жыл бұрын
be my ambassador... I WILL TEACH YOU
Good day po. (1) paano po kung small time business lang ang mga tenants ng commercial space namin at hindi sila rehistrado sa BIR. hindi po kasi required sa kanila ang business permit kasi maliit lang ang gross income. bale barangay permit lang ang meron sila. need pa rin po ba kami mag-submit ng "lessee information statement" (as per RB 12-2011)? kami po as lessor ay nagbabayad 8% tax. (2) also, later lang po namin nalaman na may ganitong requirement. from building permit ng commercial space namin, to business permit, DTI, etck, wala pong nag-advise or nag-require sa amin na kailangang mag-submit ng "lessee information statement". ano po kaya penalty kasi years na kami nagpapaupa to small time bussiness owners. - salamat po.
@EmelinoTMaestro
2 жыл бұрын
let your tenants comply with our laws. thanks
Thanks Sir, Nice Video, Clarify ko lang po, I have 3 small units bungalow apartment. 18K monthly(6k per unit) equivalent to 216K Gross income. Do I still need to register to BIR and pay regular tax? Or no need? Thanks po
@EmelinoTMaestro
2 жыл бұрын
fb kataxpayer naman
@casmor08
10 ай бұрын
Ano po ibig ninyo sabihin?
Tax accounting for cell site lease ( for lessors) please
@EmelinoTMaestro
2 жыл бұрын
be my ambassador... I WILL TEACH YOU
Sir pag ang lessor binabayaran ang rental 5% witholding tax bali sa landlord magbabayad pa din ba ng rental income tax
@EmelinoTMaestro
Жыл бұрын
hindi na... kasi ang income tax ay sagot na ng lessor
Good day ask q lng po . My rental apartment aq residential . New registered. 8k per unit magkanu po ngaun ang % tax tank u po
@EmelinoTMaestro
6 ай бұрын
see my FB kataxpayer today
Hi sir,tanung ko po,pwd po ba mgwithhold sa unregistered business?tulad ng rental.thanks po
@EmelinoTMaestro
Жыл бұрын
yes
Sir ano po balita sa book nyo, natuloy ba?
@EmelinoTMaestro
4 жыл бұрын
yes
Bilang lessor sir paano ko sasahuran ang sarili ko. Na masali sa aking tax expenses?
@EmelinoTMaestro
2 жыл бұрын
you cannot do that if your structure is for a sole prop. thanks
paano po sir kung may leasehold improvement paano po siya i-record sa Income Tax as Lessee ?
@EmelinoTMaestro
2 жыл бұрын
two options, capitalised or period cost
@Min_Maeda
2 жыл бұрын
@@EmelinoTMaestro if capitalised po ba siya sir pwede po ba siya ma include sa Cost of Service?
Hi , paano pag sa mga nagpaparent ng condo below ₱15,000 monthly
@EmelinoTMaestro
3 жыл бұрын
See Section 109, Tax Code for exemption
What if ayaw magbayad Ng 5% tax or witholding tax Ang lessor ko po...paanu po kapag ganun sir?
@EmelinoTMaestro
3 жыл бұрын
You shoulder it
@lailaniparis6840
Жыл бұрын
Sir pag binabayaran ba ng lessor ang rental 5% witholding tax bali sa part ng landlord magbabayad pa rin ba ng rental income tax
Is your book available now
@EmelinoTMaestro
2 жыл бұрын
what particular book
@irisfeisaac6455
2 жыл бұрын
@@EmelinoTMaestro book for Lessor and lessee relationship and tax accounting
Hello Sir, more Lessor Tax po. Katulad ng taxes ng nagpaparent at Airbnb
@jocelyndevera-cayton7958
4 жыл бұрын
Hello sir juls. We will tell your request to mr. Maestro. Thanks
Sir, saan po ba ang office niyo gusto namin po kasi maka hingi ng advice sainyo directly.. maraming salamat po!
@EmelinoTMaestro
2 жыл бұрын
Hi, you can book an online consultation with Mr. Maestro. Kindly go to this link emelinotmaestro.com/collections/services-offered/products/buy-appointment
sir may authority ba kaung magbenta ng lupa?
@EmelinoTMaestro
4 жыл бұрын
The authorization is being granted via SPA or Board Resolution 🤾🤾🤾🤾⛹️
@goodsamaritan6401
4 жыл бұрын
@@EmelinoTMaestro sir yung lease of contract ba ng paupahan na residential kailangan pa ipanotaryo at ipa dst sa rdo po?
@goodsamaritan6401
4 жыл бұрын
@@EmelinoTMaestro EmelinoTMaestro sir yung lease of contract ba ng paupahan na residential kailangan pa ipanotaryo at ipa dst sa rdo po?
@goodsamaritan6401
4 жыл бұрын
@@EmelinoTMaestro EmelinoTMaestro sir yung lease of contract ba ng paupahan na residential kailangan pa ipanotaryo at ipa dst sa rdo po?
@goodsamaritan6401
4 жыл бұрын
@@EmelinoTMaestro EmelinoTMaestro sir yung lease of contract ba ng paupahan na residential kailangan pa ipanotaryo at ipa dst sa rdo po?
Hi sir
@EmelinoTMaestro
Жыл бұрын
Hello po
Good Day Sir, ask ko lang po sir kung anung form ang fill upan pra sa non compliance of lessee information from 2019 - 2021, at magkano po penalty, yun lang po maraming salamat po..
@EmelinoTMaestro
2 жыл бұрын
prepare a pre-formatted affidavit, google this "lessor affidavit bir" and the format will appear