Taxes on both US and Mexico

Irene1072
Level 1
San Antonio, TX

Taxes on both US and Mexico

Hello everyone! I am a new host and own a condo in Playa Bowls Carmen Mexico. My question is regarding my tax obligation. My property is in Mexico, I am a Mexican citizen living in the United States. I have dual citizenship. What am I obligation to pay in Mexico, and I know I have taxes to pay  In US. I do have the RFC number as a Mexican citizen that I know will help lower my taxes but when do I pay them? How do I pay them? Thank you in advance for my friends

2 Replies 2
Sybe
Former Community Manager
Former Community Manager
Terneuzen, Netherlands

Hi @Irene1072 ! Have you received any advice regarding your situation yet?

 

Questions about taxes are difficult to answer as every situation is different. It's often best to get in touch with a tax professional, as they'll be able to do into detail and tell you exactly what you need to know about your specific situation. 

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Helen3
Level 10
Bristol, United Kingdom

You need to speak to an accountant where you live who understands tax issues in the US and Mexico  @Irene1072