Home Real Estate PUERTO RICO HOUSE HUNTING: 17 TIPS

PUERTO RICO HOUSE HUNTING: 17 TIPS

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PUERTO RICO HOUSE HUNTING: 17 TIPS

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#PuertoRico #Act60 #Taxes

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12 COMMENTS

  1. Act 22 is a racist law, and this 🐖 avails herself of it. Number one, it's for people not from Puerto Rico. Most full-blooded Puerto Ricans live or have lived in Puerto Rico. They can actually apply … after they GTFO and come back after a few years, then they can ask. Secondly, it effectively makes Puerto Ricans pay a higher tax rate — the disparate impact. It doesn't matter that this is only about 1% of the country, that is still over 1000 rich people that pay more than their North American, immigrant counterparts. Lastly, the intention behind the law was discriminatory. One of the secretaries of the administration that brought this law forth was quoted, "The problem with Puerto Rico is that there are too many Puerto Ricans." The governor four years after that admin. (who stepped on the gas with promoting the law) hired a consultant who joked with him in a chat, "I've seen the future, there were no Puerto Ricans, it was beautiful." These are are well-known issues by the Act 22 mafia. Point number one is literally written into the law. Because of that, yes, I will 100% paint them all with one brush as RACISTS. They are free to disassociate themselves from that racism by simply renouncing that status given to them for not being Puerto Rican and follow the same law as their neighbors. I don't find that to be a hard stance to take against educated, well-to-do people. In other words, F them.

  2. Hello Mariah. I have a question. I'm doing taxes on my crypto. I got liquidated on my loan last year on my nexo account when the prices plummeted. I lost a portion of my crypto and had to pay out of pocket on my loan. Can I write that off? Anybody feel free to answer. This my first time filing taxes. I borrowed against my crypto to get more crypto.

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