turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yar723
New Member

Are timeshare rentals in Mexico taxable income

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

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Are timeshare rentals in Mexico taxable income

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.

Vanessa A
Expert Alumni

Are timeshare rentals in Mexico taxable income

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"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies