MEXICO REAL ESTATE CAPITAL GAINS TAXES (called ISR or Impuesto Sobre la Renta) An update to this article on 2 items have been included on a post of 1 of March. Click Here to see (Yucatan Real Estate Taxes Update) In the Yucatan real estate market, including other regions of Mexico, ISR are assessed when you sell … [Read more...] about Rule of Thumb on Capital Gains Taxes on the Sale of Mexico Real Estate
Yucatan Real Estate Property Taxes
ANNUAL PROPERTY TAXES in the Yucatan real estate market and even in Quintana Roo are very reasonable. Example: A Mexico real estate property in Yucatan, with an appraised value of, let's say, $1,000,000 pesos will be assessed annual property taxes of, more or less, $2000 pesos Probably less. It is important to … [Read more...] about Yucatan Real Estate Property Taxes
Yucatan Real Estate; Rectifying the property measurements
The Mexico real estate industry is faced with many twists and turns that are not normally experienced in property transfers within our own home countriesFor example, it is common in some operations in the Yucatan real estate market the need to rectify property measurements If this occurs, this means most likely, that … [Read more...] about Yucatan Real Estate; Rectifying the property measurements
The Mexico Real Estate Closing Process
So, you have found your Mexico real estate property Or in my case, you have found a property in Yucatan, we have negotiated and signed a contract, you have paid your Mexico earnest money deposit and contracted with a notario/attorney to handle your closing. You have decided to either utilize the Fideicomiso, … [Read more...] about The Mexico Real Estate Closing Process
What is a Mexico Notary Public and What Are Its Roles
A Mexico notary public is an attorney that specializes in real property law and is specifically licensed by the state to legally transfer Mexico real estate property from one party to another. In my previous post in our Mexico #1 property blog, I talked about the how to buy real estate in Yucatan One of the most … [Read more...] about What is a Mexico Notary Public and What Are Its Roles
Mexico Real Estate; When to Use a Bank Trust and When to Use a Mexico Corporation to Hold Title
THE MEXICO REAL ESTATE BUYING PROCESS PART II (Fideicomiso or FOMC) This is a continuation of my previous post- Buying in The Yucatan Real Estate Market While touring Yucatan properties with your agent, you will want to engage in a conversation about Fideicomisos and FOMC (Foreign Owned Mexican Corporations) to … [Read more...] about Mexico Real Estate; When to Use a Bank Trust and When to Use a Mexico Corporation to Hold Title
Buying Property in the Changing Yucatan Real Estate Market
Buying Real Estate on the Yucatan Peninsula Today in most of the large communities across the peninsula there are Yucatan real estate agents that provide tailored services to foreigners wishing to purchase property in a safe and secure manner. These services include: bilingual agents and administrative staff, … [Read more...] about Buying Property in the Changing Yucatan Real Estate Market
Yucatan Real Estate Expert; Mitch Keenan
Yucat n has been the attention of many international real estate investor in recent years With the many Haciendas, the old colonial architecture, and the increasing amounts of non-Mexican buyers, where can people begin their process into buying property here in paradise We asked Mitch Keenan, a Yucatan Real Estate … [Read more...] about Yucatan Real Estate Expert; Mitch Keenan