| Published Thu, August 24th 2017 at 12:21, Updated August 24th 2017 at 12:40 GMT +3In SummaryThe performance of the housing and construction industry for the second and third quarters of 2017 is less than satisfactory. This means that with more construction activities expected in the real estate and construction sector, the prices are poised to soften further. Tax waiver incentivesAccording to Edward Ng’ang’a, a land procurement manager at the Diamond Property Merchants, real estate is a major source of tax revenue in the form of land rates and other tenancy remittances. “Before you invest in real estate, you have meet some tax obligations to get approval,” Ng’ang’a says. When they advertise for waivers, real estate investors should take advantage of the incentive,” he says.

Source: Standard Digital August 24, 2017 09:33 UTC