A US/Canada tax treaty might exist that will prevent "double taxation".If you're unable to find someone here or at all let me know I can reach out to a few colleagues that might have a recommendation.

Should I take out equity in the home towards a crash pad and/or doing some minor upgrades on the home OR should I save up to get into air BNB arbitrage to increase my money flow and put that towards fixing the home and eventually obtaining a crash pad.

The particulars are:Total SF: 5160Roof: Shingles, replaced 2001Plumbing: Mix of PVC and Copper, updated in 2014-2023Heating/ cooling: forced air, 3 furnaces replaced in 2014-16, one AC replaced in 2014Electrical: has been updated periodically from 2014-2023.

To prevent interest from being subject to SE tax and keep it classified as portfolio income, you can limit your level of active involvement and ensure the interest is incidental to your business, rather than the primary focus.

Proper screening could have prevented this.

This will help prevent misunderstandings and ensure that the project runs smoothly.

Is it a multifamily or single family you are planning on using as air bnb?

Hello , l am just starting to rent a property out to section 8 tenant , what are the things to do to minimize/prevent section 8/regular tenants from messing up the rented property .

For example, when talking about preventing toilet clogs and what to do if the toilet overflows we present the plunger, show them how to use it and demonstrate how to use the water shut offs.

They need to pay for it which will ultimately result in a feud I feel like…which I tend to always try to prevent.