The Mexican Capital Gains Exemption and Your US Return: Why It Doesn’t Transfer
Mexican capital gains exemptions fail to transfer to American tax returns, requiring US citizens selling foreign property to navigate complex IRS rules.
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Selling a Home in Mexico as a US Citizen: Two Gain Calculations, One Sale
Mexican capital gains tax rules and US tax obligations apply when United States citizens sell residential property located in Mexico.
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Buying Property in Mexico as a US Citizen: Both Sides of the Tax Picture
Mexican property ownership for US citizens involves unique tax obligations on both sides of the border, including acquisition fees and capital gains.
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When a Mexican Trust Structure Does Trigger US Reporting
The Mexican fideicomiso structure triggers US tax reporting obligations, requiring expats to file Form 3520, FBAR, and Form 8938.
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Rev. Proc. 2013-14 Explained: Why Most Fideicomisos Escape Trust Reporting
Revenue Procedure 2013-14 explains how most Mexican fideicomisos exempt US expats from complex foreign trust reporting requirements and steep penalties.
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Fideicomiso and Form 3520: Is Your Bank Trust a Foreign Trust?
A Mexican bank trust or fideicomiso triggers IRS reporting questions regarding foreign trusts and Form 3520 penalties.
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Streamlined Filing Procedures: Catching Up on Missed US Returns From Mexico
Streamlined filing procedures for United States citizens living in Mexico offer penalty relief and a path to catch up on missed tax returns.
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US Tax Deadlines for Expats in Mexico: Extensions and Estimated Payments
American tax deadlines for expats in Mexico, covering automatic extensions, filing forms, quarterly payments, and preventing penalties.
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Foreign Housing Exclusion in Mexico City: Rent You Can Actually Deduct
Eligible U.S. expats living in Mexico City can significantly reduce their taxable income by utilizing the Foreign Housing Exclusion.
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FATCA Form 8938 vs FBAR: What Americans in Mexico File and When
FATCA Form 8938 and FBAR filing rules for Americans in Mexico, including different thresholds, deadlines, and agencies.
