TIPS TO KEEP YOUR HOUSE COOL THIS SUMMER

Wednesday, June 21st, 2023

By Jessica Hernández

Today summer has begun, which is marked by the summer solstice in the northern hemisphere of the planet, while winter has begun in the southern hemisphere. 

In Mexico as well as in other countries in the northern strip, summer means a break from school activities and work, many people choose to relax in tourist destinations such as beaches, and some others stay at home, however, as we know we are experiencing high temperatures in most of the states of the country. If you are staying at home this summer break, we tell you in this article some tips to keep your home cool and enjoy these relaxation days.

1.- Say yes to plants

In addition to giving color and life to your house, these will make the environment fresh. Among them, we can find spider plant, peace Lily, rubber plants, elephant ear, snake plants, ferns, and pothos. Likewise, without watering the soil of these plants constantly so that they do not rot, you can spray them only on their leaves, so you will notice how your home refreshes immediately.

2.- Limit the sources of heat

Turn off electrical appliances that you are not using (remember not to leave them on standby either), as they are an unnecessary source of heat (as well as energy waste).

3.- Crossed ventilation

This involves wind entering through a vent (or a window or door), and allowing air to flow directly through the house and out through an opening on the other side of the home. Take advantage of the fresh air during the night, and, as far as possible, leave your windows and doors open, so all the spaces of your house that were sultry during the day are ventilated.

4.- Clear spaces of unnecessary objects

The more stuff you have in the room, the more likely it is for heat to build up. We recommend that you gradually get rid of unnecessary objects and less sentimental value that so often get hot and help perpetuate the stuffy environment.

Take advantage of a cooler summer afternoon to get them out of your room. You have three options: throw them away when they are old, reuse them to create different decorative pieces, or put them up for sale to earn some money.

5.- Opt for cool and thin fabrics

During this hot season change your sheets, covers and tablecloths for much thinner fabrics and light colors, cotton and linen will be your best allies.

Well, these are just some recommendations to have the best possible time this summer. Remember to stay hydrated and avoid going out when the sun is at its peak. Also, always use sunscreen. If you have pets, keep them hydrated and in a cool place under the shade, and if it is in your possibilities, remember to place a bowl with water for stray dogs. Small but significant actions will make a difference.

WHAT TAXES MUST BE PAID IN A PROPERTY PURCHASE-SALE PROCESS?

Monday, June 19, 2023

By Jessica Hernández

We know that in a sale-purchase process, in addition to paying the total amount of the property, there are taxes and other aspects to consider within the budget to purchase the property.

In the following article, we will tell you what taxes each of the parties involved in the said transaction must pay.

According to the Tax Administration Service (SAT) portal, when income related to housing is obtained, either by selling or leasing real estate, Income Tax (ISR) must be paid. It is essential to clarify that this amount is not fixed, and its value will depend on a specific characteristic, which is the location of the property, in this sense, it is a notary who will determine the total amount of ISR to be paid by the seller.

However, the payments that the buying party must make are the Public Registry of Property, the Transfer of Domain, also known as the ISAI (Real Estate Acquisition Tax), as well as the cadastral service, and finally, the notary’s taxes, since its function is to identify the parties that are celebrating the operation, provide certainty about the characteristics and state of the property, as well as recognize the form of payment (transfer, cash, etc.), and give the notification corresponding to the SAT in case the property has a cost greater than MXN 1,075,000.00.

Acquiring or selling a property can be a simple operation for the parties involved as long as professionals carry out the process. Remember to go to SILMÉXICO to receive advice on your real estate transaction.