Real estate capital gains tax: calculation and guarantees How to calculate the market value of a property Rent or buy: what makes sense when? What is a condo? Irrevocable promise to pay: what you should know All about mortgages and how they work ...
Transfer of land, buildings, and unquoted securities such as shares in privately-held companies attracts a five percent capital gains tax paid by a seller on net earnings from the sale, with defaulters slapped with a 20 percent penalty of the tax due. The buyer, on the other hand, is ...
The firm had in 2021 said it was mulling the sale of a property to facilitate stabilisation of the liquidity position of the company. This is the first major sale of land by Sameer in recent years, with the company sitting on major gains in the investment properties that were acquired decad...
In Nairobi’s satellite towns, however, house sale price gains have been more modest, largely because most people settling in those areas prefer to build their own units. HassConsult said that last year, the house sale market was largely driven by higher demand for detached units, whose sup...
Loan defaults have hit property developers who had pegged their bets on Kenya’s real estate, eyeing outsized capital gains from rising land and home prices. But the falling prices have offered a bargain to investors with money for real estate. ...