Mexico Real Estate Blog

I have edited and updated a few article to include new tax laws and closing costs for the Yucatan Real Estate region.  These updates will compliment my article I posted last 14th of June.
To see this post please click here (Yucatan Real Estate Capital Gains Tax).
The updates for 2010 include a capital gains tax of [...]

 
Linda Neil is one of our Top Brokers who has just written another informative piece regarding Mexico Real Estate issues such as taxes as seen below in her article called “Tax Obligations for foreigners in Mexico Death and Taxes…both are inevitable”.  Linda has been working in the La Paz real estate industry for over 30 [...]

U.S. taxpayers are required to file certain reports with the U.S. government if they own property in Mexico, have a business in the country, or are shareholders in Mexican corporations Uncle Sam, U.S. tax watchdog, has instituted a voluntary disclosure program for those people who may have omitted reporting in the past. This program is [...]

I have written several articles on the Yucatan real estate purchasing process here in Mexico Articles about the role of the Mexico Notary Public, about rectifying property measurements, and even about Mexico real estate taxes Below are the last points I wish to share with you before covering other topics dealing with owning property in [...]

Mexican law says that Mexico real estate taxes must be paid on the higher of the following: purchase price OR appraised value Since many appraisals in the La Paz real estate market are lower than the actual selling price your taxes will be condisderably lower if the appraisal value is declared Payment on this basis [...]