Panama Real Estate Taxes Explained | Rental Income Tax

Derick Brown is a certified public accountant (CPA) who has been serving several of our clients from Casco through his company Think CPA for years. In this blog, we bring you all a tremendous gift: a series based on his new book: “Real Estate Investor’s Manual, Understanding Taxes and Accounting for Real Estate in Panama.” This is the first time a manual has been published in both Spanish and English. On our YouTube channel, we will be posting the interview in English in episodes, and on this blog, we are uploading the most relevant answers translated into Spanish. His book is important, and today you can request it on Amazon. We are not taking royalties from the links; rather, it is extremely important to us that our clients and investors have a tool to guide them in their conversations with their lawyers, accountants, and real estate agents. Sometimes it is even difficult to know what questions to ask. That’s why we have created this series of videos and blogs, and we urge everyone to buy the book. Where to purchase the book👇👇 If you are in Panamá ► https://cuanto.app/thinkcpa-ebooks/p/... Amazon ► https://www.amazon.com/dp/B0CLR6P86V 📖 CHAPTERS 📖 00:00 - Intro 00:33 - Rental Income Tax in Panama 02:54 - Classic 12 month lease 04:50 - Electronic Invoices 07:05 - Air BNB/ Short Term Rentals ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Steps to Purchasing a Property ►    • The Steps to Purchasing a Property in Pana...   Steps to Closing a Property ►    • The Steps to Closing a property in Casco V...   Opening a Bank Account ►    • Opening a Bank Account in Panama for Forei...   Internet providers ►    • Internet Providers in Panama | How and Wha...   Water and Garbage ►    • The Water & Garbage Bill in Panama | What ...   Moving tips from expats ►    • Thinking About Moving to Panama? Expert Ti...   Moving with Pets ►    • Are you Moving to Panama with Pets? Watch ...   🔔 SUBSCRIBE TO Patrizia Pinzon 👇👇 ►    / @patriziapinzon   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Top Places to Stay in San Felipe Casco Viejo Panama ►    • Top Places to Stay in San Felipe Casco Vie...   Top Places to Stay in Santa Ana Casco Viejo Panama ►    • Top Places to Stay in Santa Ana Casco Viej...   Best Restaurants in Casco Viejo Panama 2024/2025 ►    • Best Restaurants in Casco Viejo Panama 2025   Unique Festivals and Events in Panama 2025 ►    • Unique Festivals and Events in Panama 2025...   Top Experiences & Things to do in Panama High Season ►    • Top Experiences & Things to do in Panama H...   Patrizia Walking & Talking about Santa Ana Casco Viejo Panama ►    • Patrizia Walking & Talking about Santa Ana...   Top 8 Questions That Foreigners Ask About Panama ►    • Top 8 Questions That Foreigners Ask About ...   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🟢 DO YOU WANT A MINI TOUR👇 Are you an expat considering a move to or investment in Panama? Dive into our free mini-guides tailored to help you navigate life in Panama with ease. From understanding the local job market and investment opportunities to finding the perfect real estate and adapting to the Panamanian lifestyle, our bite-sized tutorials are designed to provide you with essential insights and tips. Each guide is crafted to help you make informed decisions and enjoy a smooth transition to your new life in this vibrant country. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤔 ABOUT Patrizia Pinzón 😃 ¡Hola! Just so you know, I'm a down-to-earth, honest, and passionate Panamanian with a knack for helping expats find their footing in Panama. With 20 years of living alongside an expat family, I’ve made it my mission to guide others through their transition to this beautiful country. A Lifetime of Coaching Expats Coming to Panama: For two decades, I’ve been immersed in the real estate scene of Casco Viejo, and it’s become my second home. Website ► https://www.panamapropertiesbypatrizi... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later. PLEASE SHARE THIS VIDEO: ► #Cascoviejo #panamarealestate #panamacascoviejo