pk
Level 15
Level 15

Deductions & credits

@JAS1705 , having read through your post / references and my colleague @SusanY1 's  response ( which I agree with ), I want to be sure that we are talking here about:

(a)  ownership of  immovable property in  Mexico  by non-citizens through the Fideicommiso instrumentality  is outside  the FATCA regs  ( form 8938 )

(b)  And that requirements for form 3520 in recognizing  gifts/inheritance  of Mexican  immovable property  from a US person  ( a signatory of a Fideicommiso ) does not come into effect  ( foreign property/asset from a US person to another US person).

 

Is there more one of us can do for you ?