Keep in mind, the region is immensely sought after, leading to notably low capitalization rates.Positive cash flow from a rental property becomes challenging; however, there remains potential for substantial returns through appreciation.

Typically, residents remain unaware unless they observe property tours or inspections.

You would pay us corporate tax rate, but the retained earnings could remain in the company and not be repatriated to Canada.If you are moving to the U.S.A. and will not be keeping a presence in Canada, then once you move you should not be paying Canadian tax on your world-wide income.

To avoid actually collecting money every week the lease agreement stated that the term was week to week, but if you paid in advance for 4 weeks worth of rent on the 1st of the month, you would receive the remaining days of the month at the discounted rate of being free. 

The remaining rent ($1,634) is recognized as rental income.

However, starting from Dec 2018, ABC Baltimore stopped paying us rental guarantees and the house remained unfinished without required city permits to rent the house.

Housing costs and rents are through the roof while incomes have mostly remained stagnant.

We remain committed to transparency and will keep you informed of any significant developments.

Also, looking at the bigger picture, if this remains contentious, good luck getting him to come back to address any warrantable repairs etc.

We see real estate investing as a great way to diversify our portfolio and do want to remain on the more conservative side, especially for our first property.