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	<title>Fast property sale &#187; Travel To Mexico</title>
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		<title>I collect rent from property in Mexico, do I report that on my 1040?</title>
		<link>http://www.fastpropertysale.me.uk/property-rental/i-collect-rent-from-property-in-mexico-do-i-report-that-on-my-1040/</link>
		<comments>http://www.fastpropertysale.me.uk/property-rental/i-collect-rent-from-property-in-mexico-do-i-report-that-on-my-1040/#comments</comments>
		<pubDate>Sat, 26 Dec 2009 01:03:48 +0000</pubDate>
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				<category><![CDATA[property rental]]></category>
		<category><![CDATA[Income Tax]]></category>
		<category><![CDATA[Proceeds]]></category>
		<category><![CDATA[Travel To Mexico]]></category>

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I own some houses in Mexico and rent them out. I keep most of the proceeds from these houses in Mexican banks. when I travel to Mexico  I almost exclusively use fund from these accounts.  
Do I really have to pay the USA income tax on the whole amount or just what  [...]


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