Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the community.Managing a property for a client who divorced her domestic partner last year.

We generally advise our clients to go ahead and pay the recapture rates if death is the alternative.The good news about recapture - the deductions are a deferred tax liability to you, and an interest free loan from the government.

Your lawyer will have advise for you.   

It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.However, many on the forums will advise against QBO.

If that is the case then that is considered cost of doing business and I would advise that should be calculated in your costs/returns you provide to the investor.IF you are referring to the investor who is the borrower - then I would have included that cost in the loan agreement.

Hi @Cheng Chu great advise already given to you.

Being that I am an accountant I cannot advise towards or against any firm other than I will say to make sure you do your due diligence on any firm you hire.

He advised us to text him if we didn’t get a response from her.We obviously love the place, and it seems to fit our needs.

Readers are advised to seek professional advice 

Meet with financial advisers/wealth managers and see what other options other than real estate there are and how to best allocate / diversify. ie have you maxed out your TFSA?