Legal and Tax Considerations:4.

The question becomes, is there any way to legally repatriate the income as 'active' income to maintain the favourable tax treatment in the US all the way into Canada.Still researching...

Sometimes the eviction goes bad because the buyer/tenant answers the complaint and shows up with badly executed CFD agreements.Looking forward what others in KS have to say about CFD foreclosure.

For the month of August 2024, they are saying that they have hardship and want me to use the money they paid as security deposit (2X rent).Legally, am I required to use security deposit towards rent when they are delinquent or can I move forward with eviction process?

Interested to learn the pros/cons from financial/tax/legal standpoint. 

But if you persist, then I would make sure that you have this covered legally - contact an Attorney first!

This  is not legal advice, just my opinion as a real estate investor.

Belize is relatively easy to invest in there currency is pegged to the USD and there official language is English so the legal documents do not need to be translated for you to understand them.

My problem is that I know a former would-be purchser who got a preliminary title report from Chicago Title that read the owner--and three prior title holders--never had any legal interest in the property.

It's best to operate like a business with standardized requirements applied to everyone equally, every time.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.