Citizen you don't get 5 million  U.S. dollar tax exemption and it doesn't seem likely possible  to have an workaround for this (e.g. living trust)My dad, who is age 65, doesn't speak English ,invested about 7 million U.S dollar worth of property  in commercial and residential property(houses, stores, offices) , from his personal fund a few years ago, investment are doing fine  ,however,   recently  I discover that there  is no way for him to leave his asset to me after he passed away without an heavy tax because he is Chinese national, I asked with my dad's   accountant ,property manager, and Everwill , they have no clue how to solve this problem and Everwill told me the living trust will not able to help on estate tax if he is not a U.S. 

Citizen you don't get 5 million  U.S. dollar tax exemption and it doesn't seem likely possible  to have an workaround for this (e.g. living trust)My dad, who is age 65, doesn't speak English ,invested about 7 million U.S dollar worth of property  in commercial and residential property(houses, stores, offices) , from his personal fund a few years ago, investment are doing fine  ,however,   recently  I discover that there  is no way for him to leave his asset to me after he passed away without an heavy tax because he is Chinese national, I asked with my dad's   accountant ,property manager, and Everwill , they have no clue how to solve this problem and Everwill told me the living trust will not able to help on estate tax if he is not a U.S. 

Following are some details about properties: Convenient Store with gas station, car wash, office building and bottle redemption Convenient Store with DELI, bottle redemption and one 3 bedroom apartmentI am ready to hold the note on both properties for appropriate buyer.Regards,Sam

Now it's kind of "my first place" apartments with students just out of dorms or young people with first jobs except for one unit with an old single lady.I have two applications for the vacant unitA grandma and her husband of many years that works at the grocery store next door for 15 years and also with hers and partner's social security make about 3x rent.

Originally the property was a restaurant but the birth mom rented it out 20 years ago to a lady who converted it to a store.

I have been educating myself the last few months about real estate investing (here, books and podcasts). I love how everyone offers the strategies that work for them and the mistakes they’ve made. We are saving cash t...

@Christopher PhillipsThanks Christopher for your comments.Yes there is some fat in the deal.

An exception to this may be where one of the units is a commercial unit like where you have a store on the bottom floor and 2 residential units upstairs. 

Hi, I would like to know what investors from Ontario, Canada think of the market here in GTA. I am still new to investment world and don’t have much of experience or knowledge of how to analyze the market. We all can ...

Unless you're willing to invest in this for a loss as an autonomous learning experience, get someone.I should add that all my impish personal demons are whispering to me to tell you to just pick up some spackle at the dollar store and go for it.