Long term listings CDMX; tax and legal consequences

Juan3971
Level 1
Mexico City, Mexico

Long term listings CDMX; tax and legal consequences

I’m getting requests for long term stays up to a year.

 

1- What taxes should be considered, and its calculation

2- should a separate contract be made instead of just relying on the Airbnb booking? How is considering of course the payment through Airbnb.

2 Replies 2
Lorna170
Level 10
Swannanoa, NC

@Juan3971  Long Term bookings usually have different tax rules; you need to do some research for your municipality.

 

IMO, a separate contract is an absolute must for a booking that is in excess of 30 days.  Speak to a local realtor or vacation rental management company.  They may offer advice or assist you with managing your rental property for long term rental.

 

Helen3
Level 10
Bristol, United Kingdom

Your accountant is best placed to advise you on taxes @Juan3971