You now have some income from your business which can legitimately be contributed to your 401K.

Similarly, the services have to be legitimate: light-leaver-onner and toy-strewer will not fly.So, in short, you can pay your child whatever is reasonable and standard for the services performed, and those services must be legitimate and fall within the guidelines as laid out by state and federal child labor laws.

I searched the forums and didn't come across any specific legitimate information on how to become a hard money lender in Canada.If anyone could point in the right direction would be greatly appreciated.

Graham Mink I have never heard of piggybacking but it sounds like a legitimate option.

Here are some great advantages for you the home seller....Usually top sales price for the property.Home Buyer pays us the Lease Purchase Advisor Company, not the Seller.Large market of available buyers at all times.Better quality tenants because these are really tenant/buyers.Higher rent than usual for the market area.Non-refundable option consideration (down payment)Seller remains on the deed - it's still the Home Seller's property until the option is exercised.Seller retains the tax shelter of an investment property, lots of write offs.Lease purchasing (rent-to-own) puts pre-qualified, reliable tenant/buyers in now-vacant properties.Stops the money hemorrhage of mortgage payments in the case of vacant properties or where a "tenant" may not be paying (it happens).No fees to pay (especially application fees, 6% Realtor commissions, closing costs seller's concessions, vacant house while selling costs, etc.).A competent accountant or tax attorney can file legitimate write-offs,deductions, exchanges and other mechanisms provided by law (for a rental property).Call Me Today, Brian Gibbons, for a free consultation, ONLY IF YOU ARE NOT SATISFIED WITH YOUR AGENT!

It would cost you less than one months rent on one property to paper up a legitimate entity formation and insurance package to protect your equity.

If you have a name or two, do a search here and you'll understand what I mean.There are several legitimate free sites you can go to for a list of asset-based lenders.

I spoke at length with a company called Guardian Water & Power, and they seemed very legitimate with what I would consider decent prices, but I'd love to hear who you all are using. 

(offer/counter-offer)-The terms of the contract were all completely in their favor.My conclusion is that they are a legitimate site.  

We as owners want to get someone in as soon as possible but you have to legitimately get them moved out first.Hope that helps and if something here doesn't make sense just let me know or if you have other questions.