r/taxPH•
TeaCupAlter

can BIR know property purchase under TIN ID and will it cause problem if registering as self employed?

please dont judge. i know i should have been more careful and complied sooner

in 2021, i quit my job in bpo and started freelancing as va. had not taken the time to register with bir because i found it to be too confusing at the time, but i'm planning to register next year this january since my current work is giving me a salary increase. i also just want to start complying with proper tax since

in 2022 however one of my relatives in the US decided they'll purchase two condos. one they intend to keep for themself while the other they want me to have as a gift (originally supposed to be for my dad, who passed in 2020). both mine and my relative's name and tin id no are on the contract, but she's the one paying for everything, even the loan.

my question is will this condo purchases cause any problems for me when i register to bir next year? like, will they be able to see a record transaction for the two condos in their records and will it raise an eyebrow during registration?

Posted Dec 11, 2025, 9:44 AM UTC

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