While Canada has no gift tax and Shahriar could technically "gift" any amount to his relative in the U.S.A. without tax implications at home - the transaction(s) would still be subject to U.S.A gift limits and taxation - he would not be investing at that point and could never "legally" accept any form of capital repayment {gift disguised as a loan} or profit from the gifted capital.The Canada Revenue Agency (CRA) takes an extremely dim view on loans disguised as gifts and, at their discretion, decide that the gift was really a loan or investment and treated as such from a taxation perspective.

If there are any common areas that are lit, then you would have to figure in a small electric bill (maybe another $25 per month or $300 per year).

There might be liability on whoever it was that lit the pilots (assuming they are not electronic ignition units) on those appliances.

Probably beginners luck but it lit the fire to do more now that I am back in the USA .I graduated from UCF (Go Knights!)

Yes, I would love to see a lit of the main repairs as well and know the size of the units.

There are some other duplexes around of various price and quaility.So back to my original question (which is a tough one :-), what level of cash flow is "worth it", in a market with dim hopes of any real capital appreciation.

Beyond that, the only inclination I have that this is a good deal is that it's at a lit intersection, caddy corner from the local high school!

Whatever fire got you lit up for REI, "Keep that Flame!"

Besides that, there are still issues of predatory lending even if all the origination requirements are met, this falls to underwriting and that includes the assessment of risk, this area isn't even a dim light in the darkness in an RMLO 20/23 hour course.

Does the psychological aspect of having a wonderfully lit kitchen and bathroom influence the bank's appraiser when that time comes to see how much the duplex has appreciated?