.: $125 per month, but I assumed 10% Capex+Maintenance: 5% (Assumed this since the home was recently rehabbed and all major items have 7+ years)Property tax: ~$5,000 (Could increase in the future; not sure)Insurance: ~$600Cash flow: ~$250 per month (while not huge, I expect some appreciation)

I've read previous posts about this topic but some of them were dated prior to the 12-month loan seasoning requirement that was updated in April 2023, so wanted to confirm I'm understanding it correctly.

@Luis GonzalezSeller had every right to cancel and does not have to honor any prior agreements.We have done this in the past when we thought the buyer continued to ask for too much and decided against moving forward.

Personally, I know a LOT of people are expecting cuts to start happening in June but with the spring market being hot here in Winnipeg and with the recent carbon tax increase I could see inflation staying high forcing the BOC to keep the prime rate where it is.

We get a lot of CA investors in our market here in Tahoe Reno, NV that are looking to 1031 exchange out of CA and into Nevada for the lower property taxes and no state income tax benefitsCarlan C.

Investing in the US is a bit unique for us as we have to manage the tax relationship, but the returns are much better than I’m seeing in Canada and have focused my attention here.

You don't necessarily need a CPA licensed in those states to provide you with tax planning, tax advice or to help prepare your return.licensure for CPA's by states are normally important when you want to provide assurance / auditing related assurance

So, if I did do it that way I would need to pay gift tax on the money he gave me for the rehab, correct?

Hi all, Have anyone invested in tax deed in los angeles or orage County?  

Potentially get a commercial loan or HELOC against the properties to fund additional deals.Future: I will have all the debt from the prior renovation paid off this year from the rental income.