My guess is that you're way over-thinking things...Mortgage lending (and credit, in general) is tighter than it's been in 50 years, unemployment is high, optimism about the economy is low, and in general, people don't have a whole lot of disposal income.

With a HELOC, how much of that $40,000 will I have at my disposal .... 100% of it ?

@Adam PI'm far from an expert and this is a question for @Brandon Hall or @Steven Hamilton, but  your capital gain/loss on the mortgage may be treated separately from your currency gain by the IRS.However, before you money even goes south, note the following:Sale of Canadian property and non-resident tax If you are disposing of real property situated in Canada, you are subject to a non-resident withholding tax of 25% of the gross sales price.

Home warranties cover electrical, plumbing, HVAC, pools/spa equipment, garage door openers, water heaters, garbage disposals, and so much more! 

Question about 1065 alert asking to report dispose of property since 2017 1065 reporting will be the final.

Two of the most common ways Method # 1 is used is by licensed real estate agents who buy their own listings – and by friends of probate attorneys who get a secret telephone call when an asset (real estate) needs to be disposed of quickly.

My plan right now is to reach an equity level where I can refinance and pull my original capital out.Should have clarified in the OP, but the lease states that the tenant is responsible for their trash disposal.

An investor might be limited in any given year to how much they can claim in losses from real estate because of income as Steve mentioned above.You are able to use the passive loss carry forwards in years that your situation allows it or in full when you dispose of the property.

Came across this website and am thrilled to have such a goldmine of information at my disposal.

@Shaun Steckler there were reo's in phoenix in 2005, there will always be some and i see the methods for disposing of them are changing all the time.