Dirty litle secret--

by mexicoman @, Puerto Juarez, Cancun, Friday, June 09, 2017, 12:43 (281 days ago) @ Gringo Viejo

If it is your primary residence, and you have residency (temp or perm) you qualify for a 700,000 UDIS exemption. The current value of UDIS is 5.74+ Pesos. The exemption is 700,000 UDIS. That's about 4 million Pesos. That is in addition to broker's commission deduction, improvements, etc.

At least that is my understanding from speaking with a Notary in Cancun yesterday, June 8.

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