You will need to collect mail there and have your license note that address as well as living there to check that box.

Your efforts are counted as one "individual," so both of you collectively need to meet these thresholds to qualify for material participation and potential tax benefits for your STR.

Collectively between our personal residence mortgage and rental mortgage we are at a 50% LTV ratio.  

But, you can also collect for repairs, because those are also considered "permanent improvements." 

Basically from what I understand you collect a few thousand option to buy that is no refundable.

It's a collection of the best flipping info from the site.See you around the site!

This will result in the CRA collecting <=10% taxes on repatriation of retained earnings.Here is an overview on repatriation of investment income to Canada (from the U.S.A. in the example tables).

I would recommend you install noise sensors so keep a tab on guests and collect CC information from every guests.

For Example, my Note Investing notebook has Sub Categories for Consolidated Note Resources, Goals, Note Buying Criteria, Foreclosure Timelines and Costs, State Specific Notes, Systems for The Note Business, Collection Time Tables, Note Conferences, Bankruptcy in Notes.. 

So true compliance is hard and expensive to achieve.Staying under the radar per collective thinking (not via statute or solid facts more like guessing) is;  rent many phone numbers ($1/mo per number), send only 150(ish)  SMS pre phone number per day.