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melendezki

Kim Melendez

Contributor

American expat in Puerto Rico

Forum

121 posts

Contacts

13

Quick infos

American

Lives in Rio Grande

Speaks English, some Spanish

Registration: 24 May 2015

Activity

Kim Melendez
melendezki replied to a thread
7 years ago
melendezki

IVU Taxes & Short Term Rental Houses by melendezki

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company?

Kim Melendez

Funny Rey! From what I heard about your cooking, you may have to charge them to eat! Hee hee. Read More

Kim Melendez
melendezki replied to a thread
7 years ago
melendezki

IVU Taxes & Short Term Rental Houses by melendezki

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company?

Kim Melendez

Our CPA very specifically asked if we provided any prepared food to our guests, which we do not. We have a welcome basket at check in with packaged coffees, creams, pastries or local bread. I think the serving of prepared foods is the ... Read More

Kim Melendez
melendezki replied to a thread
7 years ago
melendezki

IVU Taxes & Short Term Rental Houses by melendezki

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company?

Kim Melendez

I will share with you our experience in the hopes that you do not need to go through the stress and anxiety we did, trying to finagle our way around the island government to conduct a legitimate business of a vacation rental house. We ... Read More

Kim Melendez
melendezki replied to a thread
7 years ago
EDA RAM

Buying house in Puerto Rico by EDA RAM

Hello, I would like to look at a few places / houses on the East Coast of the Island. No kids, just husband and wife, looking for house. Thank you

Kim Melendez

Shoot, we're flying out tomorrow for a week in Michigan and both houses are full. My advice to you is take your time! Don't rush buying. There are many many adjustments in the transition between the States and the island and how things are ... Read More

Kim Melendez
melendezki replied to a thread
7 years ago
melendezki

IVU Taxes & Short Term Rental Houses by melendezki

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company?

Kim Melendez

Our CPA is telling us if you generate income in Puerto Rico, it must be reported to the Hacienda, regardless of where you live or bank, or where the payor is from. So far, from what we have learned is that a vacation rental house is exempt from ... Read More

Kim Melendez
melendezki replied to a thread
7 years ago
Gary

Power outage by Gary

Since 3:30 PM or so. Now, that's nothing new you'd say. Well, it depends. "Normally" this happens when there's rain and/or wind but today nothing of that, the power went just out of the blue. Nice weather, some clouds, no ...

Kim Melendez

Ours went out at 1 a.m. and didn't come back on until 11 a.m. Guests in our vacation house report that the El Yunque area is out and that a transformer was hit by lightning last night. Read More

Kim Melendez
melendezki replied to a thread
7 years ago
melendezki

IVU Taxes & Short Term Rental Houses by melendezki

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company?

Kim Melendez

Our vacation house is registered with the Hacienda Dept. and classified as a "other services of accommodation" code. This code is used by the IRS and governments in North America to track types of businesses created and in existence. A ... Read More

Kim Melendez
melendezki replied to a thread
7 years ago
melendezki

IVU Taxes & Short Term Rental Houses by melendezki

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company?

Kim Melendez

Thanks. I am hoping there are others on this site that have vacation homes and have encountered this issue. Read More

Kim Melendez
melendezki created a thread
7 years ago

IVU Taxes & Short Term Rental Houses

Is a vacation home in Puerto Rico, with a NAICS Code of 721199, required to pay 10.5% IVU taxes to the Hacienda Department and 1% to the appropriate municipality, in addition to 7% to the Tourism Company? Read More

Kim Melendez
melendezki replied to a thread
7 years ago
afbr2000

Looking for single Home to Rent by afbr2000

Looking for 3+bedoom/2 full bath single home to rent. Preferred in a gated community in Dorado, Bayamon, Ocean park or possibly Humacao. 2 adults and 2 small dogs. Need to start lease or month to month contract June 01, 2017.

Kim Melendez

Looking for 3+bedoom/2 full bath single home to rent. Preferred in a gated community in Dorado, Bayamon, Ocean park or possibly Humacao. 2 adults and 2 small dogs. Need to start lease or month to month contract June 01, 2017.This is the very reason ... Read More

Kim Melendez
melendezki replied to a thread
7 years ago
olddawgsrule

Planning my trip down there by olddawgsrule

Okay, so business, my Boss' heart attack canceled my Spring trip down there, which I thought was a great time to visit. I don't wish to wait till next Spring to come down. Fall this year. Have to skip the summer season.. Heat, humidity, ...

Kim Melendez

I agree with all of the suggestions already provided. The later the better ... November or early December ... the weather gets a lot cooler. Read More

Kim Melendez
melendezki replied to a thread
7 years ago
ReyP

Trash Pickup by ReyP

The government of Guayanilla is proposing selling trash bags 30 Gallon ones) at $2 dollars each. They would have a bar code to ensure that the bags are authorized. Other towns may decide to emulate them due to the simplicity of the process. If ...

Kim Melendez

We recycle and take it to a center in Palmer. I can't see selling bags making any kind of improvement to the trash on the sides of the road and in parking lots. Now if the municipalities PAID for trash by the pound, and were reimbursed by the ... Read More

Kim Melendez
melendezki replied to a thread
8 years ago
olddawgsrule

Could use some help locating a possible stay. by olddawgsrule

I can not lock this down on any map I have.. #206 Calle C La Roca Fajardo It's stated as walking distance to Seven Seas Beach & Bio-Bay. Does anyone have a map that I can see this on? Does anyone know the location?

Kim Melendez

GoogleMap works pretty well on the island. If they send you a location pin, you should be able to get to it. Street addresses here are not reliable, accurate, or non-existent. Getting to your destination while the sun is still up is recommended, ... Read More

Kim Melendez
melendezki replied to a thread
8 years ago
Priscilla

Are you happy in Puerto Rico? by Priscilla

Hello everyone! According to the 2016 UN World Happiness Survey, Denmark, Switzerland and Iceland are the happiest countries on earth. How about you? Are you happy in Puerto Rico? Do you feel happier today in your host country than before in ...

Kim Melendez

I have to put myself back into vacation mode and appreciate the wonderful things about the island. My husband can bring me back to Earth by getting me to the beach to sea glass hunt, or walk a rainforest trail, swim in a river water pool, then go ... Read More

Kim Melendez
melendezki replied to a thread
8 years ago
Priscilla

Are you happy in Puerto Rico? by Priscilla

Hello everyone! According to the 2016 UN World Happiness Survey, Denmark, Switzerland and Iceland are the happiest countries on earth. How about you? Are you happy in Puerto Rico? Do you feel happier today in your host country than before in ...

Kim Melendez

It gets old feeling like you're the only one who wants better for the island...if they don't know it already by now, why paint a target on yourself. They look at you like you have a third eye on your forehead if you get frustrated. Sam's ... Read More