United Mexican States Estados Unidos Mexicanos (Spanish) | |
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Anthem: Himno Nacional Mexicano (English: Mexican National Anthem) | |
Capital and largest city | Mexico City 19°26′N 99°8′W / 19.433°N 99.133°W |
Official languages | Spanish (de facto) None (de jure) |
Co-official languages | |
Ethnic groups | See below |
Religion (2020) |
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Demonym(s) | Mexican |
Government | Federal presidential republic |
Claudia Sheinbaum | |
Gerardo Fernández Noroña | |
Sergio Gutiérrez Luna | |
Norma Lucía Piña Hernández | |
Legislature | Congress |
Senate | |
Chamber of Deputies | |
Independence from Spain | |
16 September 1810 | |
27 September 1821 | |
28 December 1836 | |
4 October 1824 | |
5 February 1857 | |
5 February 1917 | |
Area | |
Total | 1,972,550 km2 (761,610 sq mi) (13th) |
Water (%) | 1.58 (as of 2015) |
Population | |
2025 estimate | ![]() |
2020 census | 126,014,024 |
Density | 61/km2 (158.0/sq mi) (142nd) |
GDP (PPP) | 2025 estimate |
Total | ![]() |
Per capita | ![]() |
GDP (nominal) | 2025 estimate |
Total | ![]() |
Per capita | ![]() |
Gini (2022) | ![]() medium inequality |
HDI (2023) | ![]() high (81st) |
Currency | Mexican peso (MXN) |
Time zone | UTC−8 to −5 (See Time in Mexico) |
Summer (DST) | UTC−7 to −5 (varies) |
Date format | dd/mm/yyyy |
Calling code | +52 |
ISO 3166 code | MX |
Internet TLD | .mx |
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In New Mexico, the most common structure for real estate enterprises is an LLC. This is due to the ease with which a limited liability corporation (LLC) may be formed and operated.
If your real estate firm is sued, an LLC may safeguard your personal assets (vehicle, home, money). LLCs also provide credibility and tax-saving possibilities.
In New Mexico, you may form a real estate LLC by filing the Articles of Organization with the NM Secretary of State. In New Mexico, forming a real estate LLC costs $50.
Important: Before transferring title to a new LLC, make sure you understand your lender’s requirements if you currently own property and have a mortgage.
The first step in organizing a real estate LLC is to choose a firm name. You must offer your company a distinct name that complies with New Mexico naming regulations.
When you submit your Articles of Organization, you will formally register your name.
A registered agent must be included when you submit your Articles of Organization.
The role of a registered agent is to receive legal papers such as service of process and tax notifications on behalf of your LLC.
A person or a registered agent service might serve as the registered agent for your real estate LLC. Although you may serve as your own registered agent, many company owners choose to employ a registered agent service.
You must submit the Articles of Organization with the New Mexico Secretary of State to register your New Mexico LLC. This is something that can be done online.
An LLC operating agreement is a legal document that defines your real estate LLC’s ownership and member responsibilities.
An operating agreement may benefit even single-member LLCs.
You may include conditions in your real estate LLC operating agreement as long as they do not violate New Mexico law.
The US Internal Revenue Service (IRS) uses an Employer Identification Number (EIN) to identify and tax firms. It’s essentially a business’s Social Security number.
Following the Formation of a Real Estate LLC