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Hi,
We owned a piece of land within Batangas area, my parents assigned my uncle to oversee the construction or rental units in the land. 4 years after contruction we found out that the bldg tax declaration was named after my uncle. We communicated this error in the assessor office to where the land belongs but they informed us that they can't change the name at the tax declaration pronto. we have to show them a deed of sale. Tax consequences for deed of sale or deed of donations were high.
Any other options we may resort to leading to a lesser tax consequence?
We owned a piece of land within Batangas area, my parents assigned my uncle to oversee the construction or rental units in the land. 4 years after contruction we found out that the bldg tax declaration was named after my uncle. We communicated this error in the assessor office to where the land belongs but they informed us that they can't change the name at the tax declaration pronto. we have to show them a deed of sale. Tax consequences for deed of sale or deed of donations were high.
Any other options we may resort to leading to a lesser tax consequence?
