A lot of the time the property will sit vacant and I won't figure out they left until I get a tall grass violation.

Seriously though, he is in trouble with this deal without setting up Private placement through a state or fed exemption.

We don't do our SFHs at all, just like we don't cut the grass.

I would fear that they just went bankrupt and are informally collecting just enough cash to cut the grass and clear the snow.

Ultimately you both hope that would be by buying and selling deals where they can get a commission, but if you give them other prospects they get fed until you bring them your own business.

If, or when (if you read some economists), the "Fed Reserve Bubble" pops, we could potentially see a drop in real estate value.

Of course there are even better deals to be had down in the US but as Canadians we have to be cautious purchasing in the US---there are tax implications of course plus visiting or especially working on US properties as a Canadian can bring trouble...you can't even cut your own grass or change a lightbulb unless you want the IRS and Immigration on your tail!

It even prints a hard copy and spits it out of it's belly for the visitor to take home their copy.Agents can use drones to turn on lights, air conditioning, light a scented candle, music before a client visits.When the grass is too tall the drone can even mow the yard.That sounds more realistic and reachable then delivering octocopters.

lolThe grass is always greener on the other side.

So my account says.After itemizing and realizing the loss in the business, I should have a tax credit of around 30kThe short term is = 10% * 17,850 + 15% * (50000-17,8500) = 6,900The long term is = 15% * 200,000 = 30000So after my tax credit I should owe the fed less than 10,000State will be 250,000 * 6.8% = 17000So my total hit will be around $25,000Did I do this correct?