Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

If it's in the restricted zone (within 31 miles of the coast or 62 miles from an international border, you have the choice between using a bank trust and paying the fees mentioned above or using a Mexican corporation and bearing the costs of establishing and maintaining  the corporation.

The work around was a Mexican bank was the owner and lease it to the foreigner.

I'm noticing there are some really nice cash flow markets in texas, some of which are really close to the Mexican border, though.

This month I will be setting up the Mexican corporation to be able to place offers and purchase real estate. 

.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!

.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!

Can you cluster it and get them to approve retail zoning for strip malls and fast food?

More traps, patch up holes, tell your tenants to be extra clean when dealing with food. 

City recently did a building inspection and we noticed the tenant is smoking in the unit (cigarettes and marijuana), food waste everywhere leading to building pest issues, and there are 5 people living there now (3 adults and 2 kids).