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Found 6 results

  1. I saw a video today that stateed on June 1st there will be a tax on any deposit to a Mexican debit or credit card account over $5000mx in one month. Does anyone have more information?
  2. Need recommendations for a tax accountant to fill out the US tax forms reporting Mexican bank account information. This will be sent to my US accountant for my 2019 US taxes. Can send a PM if needed. Many thanks. "Any U.S. citizen with foreign bank accounts totaling more than $10,000 must declare them to the IRS and the U.S. Treasury, both on income tax returns and on FinCEN Form 114." "Americans with foreign accounts must also submit Form 8938 to the IRS in addition to the largely redundant FBAR form."
  3. This is our first year as a homeowner here. Can anyone tell me the specifics of how to pay property taxes (we are in Riberas)? Also, we may be traveling in Jan/Feb, can we have a friend pay if we are not here? Thanks for the help!
  4. Hey all you rental experts. I do plan on consulting an accountant but I was curious to hear advice from those of you that are renting furnished properties. I just bought an apartment in Guadalajara that I will turn into a high end luxury short-term rental. I'm currently researching what the all in taxes are renting out the property on a short-term rental. Besides the annual property tax, which seems quite low compared to the USA and other places I own real estate, what are all the other taxes involved that are required as a non-resident American renting out their furnished property?
  5. 2017 New Year, Higher Real Estate / Notary Costs and Vehicle Fees With 2017 almost upon us there are some changes in the state of Jalisco that will affect many people. For automobile owners the annual renewal fee will edge up to 456 pesos if paid in January, 481 if paid in February, 507 pesos after and if you wait a few more months fine will be added. Smog checks have been mandatory but been largely ignored. One proposal was to have cars that were not complying towed on the spot and many complained that it would be unfair and allow widespread abuse and corruption. The curr
  6. Can a Mexican widow to fill a 1099R form if she does not have SSN? she lives here, she is Mexican, but she was married to an American Citizen and she gets widow pension. TIA.
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