How to Acquire the Right Property when buying a house or land In the recent past, we have witnessed how certain factors like urban trends and changes in lifestyles have significantly influenced people’s decisions in buying a house or real estate investment. Simply put, housing, investment, and savings set some[Read More]
Capital Gains Tax A ‘Capital Gain’ is the difference between the purchase price and the selling price of certain assets. Subsequently, Capital Gains Tax (CGT) is the income tax payable on the gain/profit made on the disposal and eventual transfer of an immovable property by means exchange for a consideration[Read More]
Understanding the Land tenure system in Kenya Due to rapid population increase, agricultural land is rapidly being converted to plots for residential, industrial or commercial use. Most people seeking land, however, end up with unsuitable ones for the projects they had in mind. Solely because they do not understand the[Read More]
Stamp duty explained Stamp duty is the tax levied on various transactions such as transfer of land, shares, and stocks. It is collected by the Ministry of Lands, which has outsourced the mandates to Kenya Revenue Authority (KRA). KRA, in turn, contracts commercial banks to collect the money at a[Read More]
Real Estate Investments: 10 tips to investing in real estate “Land is the only asset you can invest in, where its value will almost always appreciate,” Indeed, real estate investments have proved to be an avenue for creating wealth. Whether it is building your retirement home or buying plots as[Read More]
Understanding how Real Estate Joint Ventures work As more Kenyans seek ways of owning property, real estate joint ventures are becoming increasingly popular. Joint ventures are agreements between landowners and investors that aim at developing real estate property. Conveyance steps in real estate joint ventures Here is an insight of the conveyance[Read More]
