Posts

Showing posts with the label modern masil

Essential Concepts for Filing Korea’s Real Estate Capital Gains Tax: Single-Household Rules, Residency, Partial Ownership, and High-Value Homes

Image
When you turn off the lights in a familiar living room and carry out the last box, it’s easy to feel that the move is finally complete. But leaving a home always comes with one final, unseen step — reviewing the capital gains tax that arises when transferring a property. Before settling into a new space, it’s important to take a moment to close this quiet yet essential chapter as well. Basic Concepts of Korea’s Capital Gains Tax on Real Estate: Unders tanding Single-Household Ownership, Residency Status, and Partial Ownership Description: To accurately file capital gains tax on real estate in Korea, it is essential to understand the concepts of a single-household one-home rule, residency vs. non-residency, partial ownership of a property, temporary two-home situations, and high-value properties. This post provides a clear overview of these key ideas. Introduction: Hello, dear readers. Today, I would like to briefly introduce one of Korea’s major tax systems—the capital gains tax. This ...
Read more

Introducing Korea’s Masil Culture: A Warm Community Tradition of Sharing Neighborly Bonds

Image
In rural Korea, the harsh farming environment made cooperation—such as pumassi —essential, and close communication with neighbors became a vital part of daily life. Korean “Masil Culture”: The Warm Tradition of Visiting Neighbors Korea’s masil culture goes beyond a simple social call. It is a traditional way of interacting that allowed neighbors to share their hearts and strengthen community bonds. This article introduces the history, transformation, modern reinterpretation, and festival experiences of masil —all in a natural, accessible way for international readers. 1. Introduction: The Warm Communal Spirit within Korea’s Masil Culture Hello, everyone! Today, I'd like to introduce you to Korea’s masil culture. Masil is a Korean word that refers to visiting one’s neighbors. Let’s begin. 2. What Is Masil? 2.1 A Rural Tradition of Visiting Neighbors The term masil may not be familiar even to many young Koreans today. Although the culture of visiting neighbors still continue...
Location: 미국 뉴욕
Read more