The U.S. typically withholds 15% of the sale price if the property is sold by a foreign investor, which can be reclaimed later based on the actual tax liability.Cross-Border Transactions: There are specific reporting requirements and compliance rules for moving money between Canada and the U.S., so make sure you're familiar with those to avoid any issues.It sounds like you're on the right path, and with the proper guidance, you'll be well-prepared to make your first purchase.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

So, if you parents received $1000 rent for August and you close in the middle of the month your parents might be paying $500 to you for the rent for the later half of August.

Dion- The Alabama statues really confused me when I first started too as it is somewhat convoluted and backwards. 25+ foreclosures later I finally have it!

Not perfect for you then change it later.  

They did find something a month later , I did a walk thru for them , it just needed cosmetics , nothing major .

I will do a summary later this week but you might find a couple of these interesting ... especially when you consider his comments about1.

But if you later apply to another loan and you have, say, a $0 balance on your heloc, they might look at it similarly to having balance on a credit card, which doesn't really add to your DTI.  

Hi,My tax consultant is busy and said he will file 'corporate tax act information filing' later but never got back to me.

And always get everything in writing so there are no surprises later.