I have thought about having a poker night at our home with billiards and poker in West Jordan but haven’t ever posted.

Buy and hold properties are taxed at capital gain rate if they are held more than a year. 

If you need more detail here it is:Benefits:A) Temporary deferral(possible reduction)of inclusion in gross income for capital gains reinvested in a Qualified Opportunity Fund (QO Fund)■ Held for 5 years - 10% of capital gain is avoided■ Held for 7 years - 15% of capital gain is avoidedB) Permanent exclusion of certain capital gains from the sale or exchange of an investment in the QO Fund.Example:A sells a property and realizes a gain of $1 million on Dec. 1, 2021.

Purchase price: $87,500 Cash invested: $5,000 Sale price: $99,000 little 3/2. broke even. held it too long while we had another and ended up going out of country for a while What made you interested in investing in this type of deal?

If you remain resident in Canada, in augmentation of Eamonn's advice, I would suggest you consult with a CPA - and possibly attorney - experienced with Canadian tax law and business organisation when holding foreign assets.Having your U.S.A. business (and assets/properties) be held and operated within a U.S.A. corporate entity will provide you with control over the repatriation of retained earnings.  

@Justin F.The value of land around Milpitas was definitely held down because of the smell. 

be held for capex/maintenance/vacancies, etc., up to a reserve account of $10,000, before either partner starts pulling profits out of the deal. 

Yes it qualifies.....real estate held for investment....it could be a strip center, warehouse, whatever.

You are beginning to sound like a Poker player that keeps adding chips to a pot, looking at 2 Aces and a King, thinking the odds are with him drawing another Ace. 

All security deposits held by the seller are transferred to the buyer at the time of closing.