First, if his financing contingency extended through now, he should be able to use the fact that his loan was denied to back out of the deal and retain his earnest money.

In my area, we have to note all of the damage on the Move Out Inspection form and have the seller sign it in order to retain any portion of the deposit.  

Any tenants out there who have had good and/or bad experiences with retaining your security deposits?

We want the cash flow, so we will retain the asset that is providing this for us.

Their annual fees are a lot lower than some of the others, but they don't hold your hand or even give advice.You probably should retain the services of a lawyer who specializes in this area (very few lawyers know anything at all about it).

If the LLC is retaining earnings, the IRA (and all other members) would still have the tax burden.However, there is an exception to UBIT for rental properties.

It is a first floor walkout towards the beach, however there is retaining wall obstructing the beach view but I still see the walkout as a huge plus especially for families.

@H Mann - The servicer will determine if the homeowner qualifies for HAFA@Cheryl - The coop program is similar to HAFA only there are some key differences that mainly affect the seller such as the investor may retain rights for deficiency, they will allow jumbo loans and NOO properties to qualify.

As far as setting up a Canadian corporation, it will really depend on your longterm objectives - whether you wish to retain earnings in country or repatriate them and your present tax situation.  

So when people reinforce aggressive behavior, be it barking, growling, or attacking, the dog will retain that memory and do anything to please their owner in the future.Additionally, people have bred aggressive dogs aggressively.