I appreciate you sharing this information

This structure prevents double taxation by ensuring the income is recognized as partnership income, which aligns with how the CRA treats LPs and LLPs.However, there is a caveat with this strategy.

How did you find this deal and how did you negotiate it?

This is a problem for all of us and we need your help right now.

Are you still flipping in this market?

What made you interested in investing in this type of deal?

Can anyone recommend  a lender in the area who could accommodate this situation?

Sounds like you’ve put a lot of thought into this—great job running the numbers!

This is the document Escrow produces to complete the sale.

I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.