Whoa!

by midalake @, Friday, February 19, 2021, 09:50 (10 days ago) @ ZihuaRob
edited by midalake, Friday, February 19, 2021, 10:16

A number of years back we had friends who owned a condo there with the plan of using it a couple weeks a year during the high season and then rent it out to offset the cost of holding it until they could retire and move there. They had a property manager who would rent it out, but would not tell them it was rented, thereby pocketing the rent. This ended when we made a surprise visit to the condo during one of our trips and spoke to the tenants who had no idea what the manager was doing. One of the downsides of being an absentee landlord.


Thanks for underscoring one more reason why I do what I do and urge people to avoid using websites like airbnb and vr bo. There is no guarantee when you deal with those websites that you are going to a place that is legit, that pays its local taxes and complies with local laws. Stories like yours are quite common here locally.

You understand his story has nothing to do with airbnb or Vrbo, correct?
Do you also understand that both those two websites and others now report any income to Hacienda .
Probably not!

Vrbo and airbnb also require a Mexican tax#, a RFC.


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