That means that if you owned a few stores along Yonge Street with some offices or apartments above, you were in luck, because the government had just declared that you could build 20, 30, or 40 stories instead of two, three, or four.

The SO, who is now a fiance (I just declared this, grats and please give them the good news on their pending nuptials!)

The issue all depends first on what the Declaration of the community says.

I am curious to know if the income far surpasses your expenses or you are just very confident about your expenses and can declare yourself retired with a ratio of 1 to 1.

If they are not declaring their income on their tax returns they are tax cheats.

Initials: _______b.Tenant agrees to pay for clearing the sewer drains of the Premises of any and all stoppages, except for those stoppages which the Landlord will agree were caused by defective plumbing, tree roots, acts of nature, or which are declared in writing to have been so caused by the plumber or other person who is called to clear the stoppage.

If the state declares it a credit transaction, all federal laws that apply to credit transactions apply.This means, because it is a residence, the SAFE Act applies which means you will need a licensed MLO on the payroll of your state licensed lending operation.You will also need a Compliance Management System geared for a licensed lender and a qualified Compliance Officer. 

I won’t go into those here.And in Florida and OH and CA, you better be an agent to do them or the Dept of RE, who supervises agents will bring a “cease and desist” letter on your business activity.So, seriously, get licensed and declare you are acting as a principal.But the drill this thing down, if you advertise for a house that has a problem, you have flexibility in your solution.If you are working full time, use a service like www.PatLive.com to live answer the calls.Rules of thumb:If you are licensed:A pretty house with 90% loan-to-value, good school district, that might be a lease to own or subject to or a wrap.A pretty house with 80% loan-to-value, good school district, that might be a listing, a lease to own or subject to or a wrap.A pretty house with 50% or less loan-to-value, good school district, that might be a listing.An ugly house with 50% or less loan-to-value, good landlording area, is a good wholesaling deal.And an ugly house with 80% or more loan-to-value, no equity really, that’s a short sale.Don’t be a one trick pony, be a transaction engineer.Give the seller cash offer (which that usually hate), but you’ve got to give it to them, and2 terms offers, a sub 2 and a lease to own assignment, or owner financing._________________________ Books I think You Need Now To Build a “Cash Or Terms RE Business”“Awaken the Giant Within” by Tony Robbins gets to your real motivation.

The buyer's attorney is asking me to fill in an "Asset Transfer Tax Declaration" form.  

I have read the declarations and bylaws 3 times.