I don't think Red Deer south is a smart bet right now. 

Just make sure you document everything properly, and once the property is in your LLC, it can operate as you described.As for your concern about taxes, keeping it under an LLC is a smart move for liability protection and managing income.

And often a smart strategy.

Wrong audience.Here’s the good news.Just like a lion doesn’t need to know where the prey is hiding—only where they’ll eventually show up—smart investors don’t need to guess who’s motivated.

You’ve come to the right place to connect with some very smart investors.

And if there is a smart way to approach this, I would like to know about it.

This seems to be a result of some smart accounting moves on my part, thanks to an investor-savvy accountant.

You’ve come to the right place to connect with some vary smart investors.

Congrats with your first rental property you’ve come to the right place to learn everything you need to know about real estate from him very smart people.

And if they're smart they can maybe get a tax break for it, if they can show a loss on paper.