It’s a remarkable story of resilience and pushing the limits of the human mind.

Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.

With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved. 

Quote from @Camille Romero: Hey everyone, I’ve been thinking about buying my first real estate property and have a few markets in mind.

What is the point of a contract if you can just change your mind and walk away? 

We are coming down to get a feel for some neighborhoods we've been looking at moving too and don't really have too much planned so I thought it would be a great time to connect with some lenders, investors, contractors, and liked mind individuals while I'm there!

What do you have in mind? 

I currently own a 3-unit multifamily property, and I’m actively looking to expand my portfolio while building meaningful connections with like-minded investors in CT.I’m particularly interested in:Wholesalers: If you’ve got off-market deals, I’d love to hear from you.Creative Financing Opportunities: Subject-to deals and seller financing are right up my alley.Networking and Partnerships: I’m eager to collaborate with other investors who share a passion for creative deal-making and scaling our businesses together.Whether you’re an experienced investor, just starting out, or anywhere in between, let’s connect!

Now, your mind is ready to learn this new skill.

Also, keep in mind that an IN multi member LLC would require a separate tax return, so you would want to budget for extra admin fees.