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
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
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
Trip to Merida for Mexico Real Estate License Process
Merida for us is always a fun city to visit. So when I found out I had to make a 4 hour long trip from Playa del Carmen over to the neighboring state of Yucatan, I was rather looking forward to the escape I had to make the drive in order to deliver more documents in the process of getting my Mexico real estate … [Read more...] about Trip to Merida for Mexico Real Estate License Process
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