Monday, September 29, 2014

Potentially Good News For Sellers, re: RFC Requirements.

Good news for our sellers, although not "the final word."

Several local notaries are now taking the view that they can close deals with no RFC or CURP from the sellers, yet still take standard deductions for those sellers against any cap gains.This elevates the risk of a Hacienda audit of the sale, but assuming everything was handled legally, which of course it would be, there would ultimately be nothing lost, except the hassle of dealing with the possible audit, with deductions for things like major improvements scrutinized.

We have another notary that has now also changed from the strict interpretation to a much less cumbersome one, but on a different basis; that is, specifically, that they can generate automatically a generic RFC for sellers, which will technically satisfy SAT Hacienda and allow the notary to close.

However, other attorneys dispute the legality and efficacy of this generic RFC approach outright. They say it makes more sense to just close without an RFC at all for the sellers. 

So it's obvious there is still widespread disagreement among notaries and attorneys, with some still adhering to the original, strict interpretation. (Which, to recap in brief, is that unless both buyer and seller have full RFC and CURP from Hacienda, the new buyer will have zero deductible cost basis when he or she sells someday, and would then at that future date incur a huge, and clearly unfair, cap gain tax.)

Caveat:

Until more time passes and we arrive at a broader consensus, there is a real chance that your buyer might be advised by his attorney or notary that regardless of what the more flexible notaries now say, the buyer should avoid any and all risk of losing his or her cost basis, and therefore should insist, as a condition of his or her offer, on you obtaining the full temporary residency, CURP, and RFC from SAT, etc. just to be on the safe side.

In other words, just because we have some notaries now taking the more lenient position, that doesn't guarantee your buyer will go along with it. 

But, I am guardedly optimistic. My sense is that the consensus will gather momentum; more and more attorneys and notaries will come around to these more flexible positions. The more strict interpretation is just too draconian and damaging to the market.

Robert

Tuesday, August 26, 2014

Return to Mismaloya

Long ago, and for many years thereafter, Mismaloya beach was my favorite little place to escape to for a day. I found it to be the almost ideal mix of crescent sand and blue water, backed by ruggedly beguiling tropical mountains. Plus with a good selection of beachfront ramshackle restaurants, at reasonable prices, and easy-to-hire boats to take you out to the Islas Los Arcos.

Sunday I took a nostalgic turn and spent the day at Mismaloya, for the first time in many years. I'm happy to say it has lost none of its charm, and still casts a pleasant little spell.

The restaurants on the beach are not so affordable as I recall, but then nothing else in life is either. I've reached that age where all current prices induce sticker shock, compared to the "real" prices of my relative youth.

Mismaloya even has a mountain stream that flows right out over the beach...with fresh water swimming in the stream.

Here is a shot, standing on the beach, looking back upstream.


Sunday, July 27, 2014

Germany From The Air In HD. Spectacular Video.

Robert:

This is an extra beautiful HD video. It's worth watching, even for non-Germanophiles. The soundtrack is a bit too melodramatic and overwrought, in my opinion, but that's a minor quibble, as the visuals are the point. One of my favorite parts starts at about 8:55 in; the cows crossing the See...I think that is the Koenigsee, near Berchtesgaden, but can't be certain. Be sure to click the little gear icon below the YouTube screen, and select a hi definition setting, either 720 or 1080, so that you can see this clearly.

Monday, June 30, 2014

Salon Article re: World Cup In the USA, 2014

 Robert:

Below is a fine column by Salon's Andrew Leonard about the USA's sudden appreciation of, and interest in, the World Cup.

Here's the direct link to the Salon article, also pasted below:

http://www.salon.com/2014/06/29/the_rights_absurd_world_cup_paranoia_explained/


"With her recent column explaining how the rise of American interest in the World Cup is “a sign of the nation’s moral decay,” Ann Coulter successfully sent readers around the world into gales of horrified laughter and generated god only knows how many hate-clicks.

Whether she actually believed what she was writing is moot. Coulter’s provocations are best treated as performance art. But there’s also no doubt that she was playing on conservative insecurities about change and globalization and multiculturalism that are quite real. A generation of Americans feels its cultural-superpower primacy slipping away, replaced by something it would rather mock than understand or celebrate.

It’s scary stuff! We’ve got a black president and our neighbors are hooting and hollering about the World Cup. You can practically hear the pearl-clutching: What’s happened to our once great nation!? And why the hell won’t all these obnoxious people on Twitter just stop going on and on and on about it? Reuters columnist and confirmed curmudgeon Jack Shafer got so fed up with all the World Cup chatter that he devoted an entire column on Friday to explaining why he was unfollowing everyone who committed the sin of so much as retweeting a single Cup-obsessed comment.

It’s mean and unfair to lump Shafer and Coulter in the same paragraph, but there is a connecting thread linking their disdain. Once every four years, the entire world explodes into an obsessive conversation about sports that incorporates and is inseparable from historical narratives of race and culture and nationalism. In many countries, soccer is politics. When the World Cup crests, it’s the biggest thing happening on the planet.

Shafer doesn’t want to hear that conversation. Coulter and her ilk are actively terrified of it. Because the fact that the U.S. is finally joining in is a sign that we are gradually becoming part of this world rather than lording over it or building walls to keep it out. On the pitch, Mexico is our equal, instead of a source of cheap labor and cheaper thrills. Our stars are neither the biggest nor the brightest. We can’t samba like the Brazilians or pass with the crisp efficiency of the Germans.


But it’s really cool that we’re in the mix. Now is the worst possible time to turn down the Twitter volume. Turn it up! The jokes; the political resentments, the exultation — it’s not just the sound of a truly global culture. It’s the sound of the future.
* * *
In the summer of 1990, I stood in Hong Kong’s Central Station, staring at something I didn’t understand. A live soccer game was being projected on a station wall — and hundreds of commuters had stopped to watch a couple of South American teams kick a ball around in Italy.

I had been in Hong Kong for several weeks, interning at a magazine, and this was the first time I’d seen anyone dawdle or linger about. There were no moments to waste in East Asia in the early ’90s. My clearest memory from those days was of young men galloping up the escalators from the bottom of Central Station to the point where they could get reception for their brand-new (and very bulky) cellphones, and start cutting deals. Back in the States we were still figuring out fax machines.

Yet here was a crowd, watching Diego Maradona work his wiles against the mighty Brazil. South Korea, the only East Asian team that managed to qualify for the 1990 Cup, had already been ignominiously eliminated, manhandled with ease by Belgium, Spain and Uruguay. The cultural connection between Hong Kong and the screaming crowds 6,000 miles away seemed tenuous, at best.
Whoa, I realized, as I watched the watchers. I guess that’s why they call it the World Cup.

Yes, once upon a time, you had to physically leave the United States to appreciate that every four years the entire rest of the world convulsed in a month-long frenzy of passionate fandom. But that’s all changed. Now that the U.S. has reached the knockout round twice in a row, and a couple of generations of soccer moms have done their work providing logistical support for young Americans to master the game of futbol, and globalization and the Internet have collapsed the borders that used to separate us, it’s a quite different story. More Americans watched the U.S. tie Portugal than the World Series or NBA Finals. Massive crowds gather in public spaces to watch the games. We’re all in, finally.

The clamor on Twitter marks a clear sea change. It was nothing like this last time around. It’s easy to see why people like Coulter are upset. If she really believes, as she claimed in her column, that American love for soccer is a result of immigration over the last four years, then Twitter is a place where the border fences have permanently collapsed and no one is checking passports. Social media has been overrun! There’s nowhere to hide and immigration reform won’t make it go away!

It’s a little harder to understand Jack Shafer’s decision to be so public about his desire to check out.
As a soccer agnostic, with no hatred for or interest in the game, these many tweets hold a negative value for me….
My opposition to sporting tweets, while deep, is not absolute. You’ve got to expect a Twitter din during college football bowl season, the World Series, Wimbledon, the Masters, the Triple Crown, the Stanley Cup, the Super Bowl, and other events. But none of these spectacles run on for a month like the World Cup.
I can understand why someone with no interest in soccer would be bored by the World Cup. But there’s a peculiar defensiveness to Shafer’s public posturing, to his need to explain why the rest of the world’s delight holds a “negative value” for him. He’ll accept sporting tweets for the World Series and the Triple Crown, but not for a phenomenon that, frankly, makes the World Series look like a Little League competition in Poughkeepsie. Sorry, Jack, but I think you’ve got to expect that the biggest sporting event in the world is going to dominate the conversation every four years. Publicly trumpeting how you are cutting yourself off from this dialogue is an unworthy form of American isolationism.

But at least Shafer is resisting the tide based on little more than sheer annoyance. Whether she’s pretending or not, Coulter is giving voice to those who see soccer as a threat to American exceptionalism and preeminence.

Their deprecation is rooted in fear and ugly xenophobia, and that’s just sad. Because there’s nothing to fear here. One of the things you begin to understand as you fall deeper under the spell of the World Cup is that soccer on this grand stage is the closest thing we have on this planet to a language that everyone can understand; whether they are Cantonese speakers in a Hong Kong subway station or favela-dwellers in Rio or corn-fed Iowans in a bar in Sioux City. It’s an irresistible new world order. Next time around, the volume will be even more deafening."

Andrew Leonard, for Salon

Friday, June 27, 2014

Multi-screen Cinemas, But Just One Show In Town

Robert


The mania that grips Mexico during the World Cup is pervasive. This year, the big multi-screen cinema chains have started showing the partidos (games) live on their big screens. It's a hit.

I watched the Germany and Ghana game last week in the Lago Real Cinema near Walmart in
Mezcales. Just 29 pesos for a seat.



I was pleasantly surprised. The image clarity was fabulous, and it did feel much more dramatic to see it on the huge screen. The only complaint (gringos always have a complaint doncha know) is that the volume was turned up past the pain threshold. Mexicans love deafening volume, whether watching TV, or listening to banda music, whatever. And I mean Mexicans of all ages.

But, this was an extreme case, even for Mexico.. It was just bearable during the narration of the game, but during the commercial breaks at halftime, and before and after the game, the beer commercials were even louder and were really at a damaging and truly painful decibel levels. I had to plug my ears with my fingertips.

Regardless, I was impressed overall with the excitement of the experience, so went back last Sunday morning to watch Belgium and Russia.

Matches that don't involve Mexico have been shown, so far, on just one of the 8 screens in this particular cinema.

But last Monday, the Mexico vs Croatia match was shown on three screens. I showed up half an hour before game time, but was disappointed to find that all tickets were long gone.

So, for this Sunday morning's upcoming second round match between Mexico and Holland, I wised up and dropped by the cinema last Tuesday night. They told me they had just put the tickets for Sunday on sale, so I snapped up two excellent seats. Still at only 29 pesos.

I asked them how many screens they would dedicate to Sunday's match. The answer? All screens. So for midday next Sunday, it will be a multi-screen cinema, but with just one show. And I have no doubt it will be sold out.