Comments on: I collect rent from property in Mexico, do I report that on my 1040?

Comments on: I collect rent from property in Mexico, do I report that on my 1040? http://www.fastpropertysale.me.uk/property-rental/i-collect-rent-from-property-in-mexico-do-i-report-that-on-my-1040/ sell your property fast Sat, 17 Jul 2010 04:49:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: v b http://www.fastpropertysale.me.uk/property-rental/i-collect-rent-from-property-in-mexico-do-i-report-that-on-my-1040/comment-page-1/#comment-2633 v b Sat, 26 Dec 2009 13:26:14 +0000 http://www.fastpropertysale.me.uk/property-rental/i-collect-rent-from-property-in-mexico-do-i-report-that-on-my-1040/#comment-2633 You must include all income on your 1040. If the bank accounts have more than $10K in them, you also need to file form TDF 90-22.1 each year. The rules are the similar--just not section 179 depreciation since the property isn't in the US. You must include all income on your 1040.
If the bank accounts have more than $10K in them, you also need to file form TDF 90-22.1 each year.

The rules are the similar–just not section 179 depreciation since the property isn’t in the US.

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