Document issues with photos and invoices, provide an itemized deduction list, and return the remaining deposit promptly to comply with Texas law.

Adding to this, I worked at a large commercial contractor for 3 years so I may be able to help with the subcontractor invoice question!

There are two main methods, and the seller must choose one (whichever is more favorable):Option 1: 25% of the Gross Sale PriceThis is simple:No deductions, no calculationsPay 25% flat on the total sale valueCommon for foreigners without an RFC or residency✅ Pros: Straightforward❌ Cons: No credit for improvements, taxes, or purchase priceOption 2: 35% on Net Gain (after deductions)If you have the right documentation, you can deduct:Original purchase price (from notarized deed)Notary and closing feesOfficial improvements (with SAT-registered invoices)Acquisition taxCapital improvements (not repairs)Inflation adjustment (based on years of ownership)✅ Pros: You can drastically reduce your taxable amount❌ Cons: You must have RFC, residency, and detailed receipts💡 Pro tip: This is where your notary and accountant work together to calculate the best scenario.🧠 Legal Ways to Reduce Capital Gains Tax1. 🏡 Primary Residence ExemptionIf the property is your principal residence and you have Mexican residency + RFC + utility bills in your name, you may be exempt on gains up to ~700,000 USD (subject to exchange rate and rules).Only one exemption per person every 3 years.2. 🔄 Reinvesting in Mexican PropertyThere’s a limited provision for deferring capital gains tax if the proceeds are reinvested in another property in Mexico, but it requires professional tax guidance.3. 🧾 Documenting ImprovementsIf you remodel, expand, or modernize the property, you can deduct those expenses — but only if the invoices are:In your nameInclude your RFCIssued by a registered contractor or architectPaid through traceable methods (bank transfer, no cash)📊 Example:Let’s say you bought a condo in Playa del Carmen in 2020 for $200,000 USD.

Each party should keep all their invoices, receipts, credit cards statements, etc. to substantiate the amount one claims, for reimbursement, when the HUD-1 is drafted, for the backend closing, by the Title Company.

I'd love it if the emails could be taken into Baselane, and automatically update the invoices. 

@Drew Sygit you are right I didn't pay the realtor directly, I received and payed the invoice from the broker. 

Invoice the guest for any overages monthly.

My tracker includes:Purchase price + acquisition costsHard money loan breakdown (points, interest, etc.)Holding costs (insurance, taxes, utilities)Rehab budget by category (demo, framing, paint, plumbing, etc.)Actuals vs Budget trackingProfit/loss summaryI update this weekly as invoices and receipts come in.

HD Supply, a unit of Home Depot, filed a $20,949 lien against the property on September 9th, 2024, due to unpaid invoices.

The kid wasn't even smart enough to create fake service invoices, Landlords who join a local REIA talk to each other.