Now, if you were going to be wholesaling or flipping your income would likely be deemed active and you might benefit from paying taxes at the CCPC rate.Again it is a matter of sitting down with your team (accountant & solicitor) and determining what arrangement is best for you now and how you will transition to a different organisation in the future.

Now, what is common is to arrange for the option price to be financed.

I would want to limit it to a one time arrangement but if it goes well, I would be open to doing more in the same manner.

I suspect too that anyone who may advocate the use of a profit sharing arrangement in a note hasn't been exposed to the claims that can arise if the parties disagree and things blow up.

Seems like something like that might have come up in routine conversations.None of the children or grandchildren were around when he died to have input into the arrangements?

Personally I wouldn't (and don't) accept a 5% return on a deal like this.I prefer a straight loan arrangement.

This company would purchase several commercial properties that Mr X has arranged financing for, to re-structure/renovate etc to increase revenues and build equity.

Us investors have to be completely hands off in arranging financing.

MI may have some other arrangement or we may have our "redemption" rights misaligned.As to a lender going after an occupant, who the heck is Annette, a guru or an attorney?

: I am happy to say, we sat down with another lender and in 72-hours had a new financing arrangement approved.