Run through your model, whether you plan to assign contracts or use transactional funding to double close, and make sure you have a system in place for disposition.

I have sent the Deposit Disposition with documentation of what they owe via Certified Mail w/Return Receipt.

If yes, did she sign a Disposition of Monies stating she received the monies?

I also then learned how to do disposition and ran 12 billboards to sell properties rent to own which had both an upfront payment and monthly cash flow.

Network and become their go-to investor who can put a second set of eyes on the deal, help them negotiate, and provide a seamless disposition option for them.

If there are any acquisition and disposition fees, those would be lower if the basis were lower.

In this case, I would prepare the required deposit disposition and if there are any funds left, place the check in the envelope, take it to the post office and have them stamp the postage on it, take a photo with your phone, and mail the letter.

Disposition of Assets.

I don't believe you commented on the current state of the property, the market value of the property (and/or presumed income level of tenants), or their apparent dispositions/attitudes.

Will the CRA consider the property having a deemed disposition that I started renting it in January 2020?