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42 search results, Schools for sale
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A COMPREHENSIVE GUIDE TO REAL ESTATE TAXES IN UGANDA.
Real estate investment in Uganda can be a profitable venture, but it is essential to understand the various taxes that come with it. Taxes such as property rates, withholding tax, and stamp duty can significantly impact an investor's financial bottom line. Here's a comprehensive guide to real estate taxes in Uganda that every property owner or investor should know:Withholding Tax.
In Uganda, withholding tax on rental income is applied to individuals and companies earning income from renting out properties. This tax is deducted at the source by the tenant when making rental payments to the landlord and is then remitted to the Uganda Revenue Authority (URA). The law specifies the parties responsible for withholding the tax (tenants) and those from whom the tax is withheld (landlords), depending on the nature and circumstances of the transaction.Tenants are legally obligated to remit the withheld tax (or the amount that should have been withheld) to URA within 15 days after the end of
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DEALING WITH THE WORST PROPERTY MANAGER EVER.
A good property manager can make a world of difference when it comes to maintaining and renting out a property. They are supposed to be the bridge between property owners and tenants, ensuring a smooth and hassle-free experience for both parties.
However, not all property managers live up to this expectation. In this blog post, Lets dive into the horrors of hiring the wrong property manager and the nightmare of encountering the worst property manager ever, plus the lessons learned from this harrowing experience and where to find a list of the best property managers.The Background.Mr. Binojjo has a beautiful duplex property in the quiet suburban neighborhood of Bugoloobi. He decided to hire a property manager called Dolibondo, to take care of his investment while he lived abroad. At first, it seemed like a reasonable choice, with Mr. Dolibondo boasting an impressive resume and references. Little did Mr. Binojjo know that this would turn into a living nightmare.1. Negligen
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WOMEN'S DAY SPECIAL: CELEBRATING UGANDA'S LEADING WOMEN IN REAL ESTATE.
As we celebrate International Women's Day, it is important to recognize the significant contributions that women make to the real estate industry. In Uganda, there are many women who are breaking barriers and making a name for themselves in this male-dominated industry. These women are not only making waves but also seizing the numerous opportunities for women in real estate, serving as role models for other aspiring women in the industry.
Special thanks go to the following notable women for their tireless efforts in supporting the real estate sector. Persis Namuganza, Judith Nabakooba, Amina Hersi, Judy Rugasira, Shirley Kongai, Linda Nabakka, Irene Gwokyalya, Victoria Nannozi, Catherine Nanteza, Rachael Arinaitewe, Christabell Musiime, Fiona Lwanga, Ovia Atuhaire, Clare Ruhweza, Peace Kabunga, Lillian Kaddu, Anita Kusiima, Cissy Namaganda, Irene Nalwoga, Winnie Lynn Nakajubi, Nantongo Immaculate, and very many others (as you will see in the attached word-cloud image) who hav
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I LOST A LAND TITLE BEFORE TRANSFERRING IT, WHAT SHOULD I DO?
Losing a land title is stressful enough, but if you lost it before completing the transfer, then "yours are bad." Why? Because that land title does not yet belong to you, it still legally belongs to the person whose name is on it. That means you cannot apply for a replacement yourself. Instead, you'll need to go back to the original owner and work with them to process a replacement.
But before you panic, let's go through the steps to resolve this situation, determine the status of the lost title, and take the necessary legal actions to recover it.
Step 1: Check the Status of the Title.
If you had already begun the transfer process, then before assuming the worst, first confirm whether the title had actually been transferred into your name. If you had already paid the transfer fees but had not yet taken possession of the title, conduct an online title search through the Ministry of Lands, Housing & Urban Development portal or visit the land registry office to check its status.
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