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Updated over 10 years ago on . Most recent reply presented by

User Stats

47
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8
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Jake Landry
  • Contractor
  • Austin, TX
8
Votes |
47
Posts

Selling a home in Mexico. After paying the Mexican government sales tax do I also have to pay tax in the United States

Jake Landry
  • Contractor
  • Austin, TX
Posted

Okay,so my wife owns a home in Mexico that she wants to sell. When she sells it, she's going to have to pay taxes to the Mexican government. Will we also have to pay income tax in the United States when we bring that money over to purchase a rental property here? Does anyone have any experience with this?

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