Posted by Mark S on January 11, 2016, 5:23 pm, in reply to "Re: Exchange Rates for Cash"
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Lynne, I completely understand your point of view but you must appreciate the fact that you are making money in Mexico, i.e, Pesos. So, paying pesos for all of your needs just makes sense.
As Larry opines, if you paid U.S. or other currency to construct your residence, and then plan to rent it out, it only makes sense that you calculate the rental rate in the currency you used to construct the house.
I guess you could calculate rent in Pesos based upon your home countries' currency, but in time both may very well change.
As a year around permanent resident I really don't have a dog in this fight, but I do understand the dilemma.
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