Do I Have to Pay Capital Gains Tax When Selling My Property in Puerto Vallarta? If you’re considering selling your property in Puerto Vallarta, you’re likely wondering about capital gains tax (known as "Impuesto Sobre la Renta" or ISR in Mexico). Here’s what you need to know to understand if you’ll need to pay it and how much it might cost. 1. Exemptions for Primary Residences One of...