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Author: Subject: US TAXES
LOSARIPES
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Posts: 283
Registered: 8-14-2008
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[*] posted on 10-10-2008 at 02:00 AM


equi·ty (ek′wit ē;)

noun pl. -·ties

1. fairness; impartiality; justice
2. anything that is fair or equitable
3. ☆ the value of property beyond the total amount owed on it in mortgages, liens, etc.

Meant no. 3 above. The value of the property has exceeded the construction costs including associated expenses as permits, but yes, value is just on paper and will not make a bit of difference until it is sold and paid for if I ever sell it.
Property taxes?...Yes, all property (not on fideicomiso) pays property taxes (Impuesto Predial) once a year. You can pay for it quarterly as the year unfolds, but if you pay it all and early, they offer a substantial saving of about 30%.
Back to US taxes,......... thanks for the info.




Aripes
God bless America
and Baja tambien
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