Mexico 3 Count: Own Mexican Beach Property? Uncle Sam Just Gave You a Tax Break
The Mexico 3 Count, where we bring you 3 Mexico stories that you shouldn’t miss.
Jonathan Caves
1. Own Beach Property in Mexico? Uncle Sam Just Gave You a Tax Break
American taxpayers who live in Mexico have caught a break thanks to a private citizen’s efforts. The IRS has actually changed its point of view and determined that a fideicomiso, a form of a land trust, is not considered a trust for federal U.S. tax purposes.
2. Mexico: Latin America’s Most Overlooked Nation
It should come as no surprise that Mexico’s reputation ranks poorly. Why does reputation matter? It all boils down to economics and being able to facilitate the growth of a nation by having a strong reputation.
3. 11 Awesome Things About Mexico You Didn’t Know
We don’t give Mexico enough credit. Our views are tainted by the media and their reporting of the nation’s violence, but take heart, there are plenty of amazing things about Mexico; here are 11 awesome things that don’t get the attention they deserve.
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