Mexican income tax on rental income

[mr bill]

The best thing that you can do is to speak with a local accountant. He/she should advise you that you need to register for tax # (RFC) and once done you'll probably need that or another accountant to manage your monthly filings and payments or collecting* of the following taxes: ISR, IETU, Estatal y IVA on a monthly basis - and of course to avoid costly errors also paying an accountant to handle them. Once you have registered with the tax office it is a little hard to unregister - in my case I chose to 'suspend' operations.)

Of course there is another way to handle this which is how I believe most rental operators do it - they don't - but the time will come when GTO gets around to mandatory registration of all rental properties.

* You don't 'charge' IVA you collect it on behalf of the gov't