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2 January 2025 | 11 replies
I know a friend who is an attorney, although they don’t specialize in housing law.
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14 January 2025 | 37 replies
I've been pretty vocal on this platform against bad syndication practices out there.
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2 January 2025 | 14 replies
For the office, it is advisable to begin with home office deduction if one meets the requirements of the law.
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8 January 2025 | 15 replies
Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.
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25 December 2024 | 3 replies
.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.
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4 January 2025 | 11 replies
Thank you for coming back and clarifying it, the minor difference does make a difference to me in practice.
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9 January 2025 | 14 replies
Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in 5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.You appear to be in Toronto, so the laws may be a bit different.
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30 December 2024 | 12 replies
You don't have to sign the agreement, though some state laws require an exclusive contract.
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20 December 2024 | 6 replies
My plan would then be to diversify by partnering with my mother-in-law on fix-and-flip projects for a year or two, which would increase liquidity.
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4 January 2025 | 20 replies
* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?