Jimmy Napier, 40 years ago, told me that 95% of people do not really understand the concept.  

The sub 550 credit score people come out of the woodwork to apply for this home. 

I do know one of the people who works for me has a 2 year work permit (temporary) and she and her husband were able to buy a place in Alberta.BC and ON are very tenant friendly.

This is a great place to learn and to connect with people so take advantage of all the great resources.

Build your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

It is my understanding that people refinance and then use those funds other ways (personal living, investing, some to buy another property) as a means to minimize tax obligation. 

What do people do when they run out of funds (liquidated credit cards and family members assistance)?  

Anyone know of people that got audited for being a RE prof and what happened?

I've heard horror stories that it's usually impossible due to the "burden placed on the municipality" but could really never understand what that burden was... most people living in those units wouldn't be using the school systems so aside from maybe an increased volume in emergency medical situations I can not understand that statement? 

Got this from the sponsor - Real estate gain is 1231 - but there will also be recapture of depreciation which is ordinary income.With a few unknowns before the actual k-1 is released, it's hard to make any concrete decisions but was just wondering if I should sell some long-term held stock at fidelity to offset the gains