Are timeshare rentals in Mexico taxable income

I have a timeshare in Mexico. Am I required to report rental income to IRS?

posted

If you are a US citizen or legal US resident then you have to report your worldwide income from all sources on the US federal tax return.

Yes. If you are a US Citizen or Resident, then you would need to report income from all sources worldwide.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.