.)● Gain included = (Reinvested amount - basis increase) = 1M - 100,000= $900,000.If A also sells the investment in QO Fund in Dec 1 2031, 10 years later, he does not recognize any capital gain on the sale of his investment in QO fund.If A sells the investment before 10 years, basis in the investment is based on the time it is sold:Basis starts with Zero and increases in this order■ Held for 5 years - 10% of gain reinvested■ Held for 7 years - 15% of gain reinvestedBasis at 5 years = 100,000Basis at 7 years = 150,000Thus gain/loss is determined based on the FMV of the investment less the basis at the date of sale.

Now these are cash out loan rules for Fannie/Freddie loans (if you recognize those names). 

My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being double taxed.

. :) )Yes, so I will most likely be looking into a hard money lender for two reasons. 1) because they are more prone to recognize a good deal than a traditional bank would and therefore I will have a higher chance of finding a way to finance the property and 2.)

As you continue to shop around, you'll start to recognize things that stand out in a property. 

Many people helped them coming up and they recognize this and are eager to help.

As soon as you sell new acquired property, you will have to recognize all the gain that you had just  deferred, not avoided.Maybe your understanding is that once you exchange the property, the gain that is realized on the first property vanishes, but that is not true. 

If I'm smart enough to say "no" to Zillow wholesalers, then I should be smart enough to recognize a fair price for my own house and do the paperwork myself. 

I am leaning in the direction of paying off my rental, at the same time I recognize the opportunity to reinvest in new properties.

An installment sale to a dealer, which results in:a) deferral of capital gains tax (for 30 years);b) an installment note from the dealer, which pays the seller interest-only payments for 30 years, and ending in a balloon payment, at which time the principal is repaid to the seller by the dealer and the capital gain is recognized.2.