A real estate license is a way for government to regulate an industry.

As far as I can see, we have almost lost all property rights in the US as the Government gives all the rights to the Criminals and the Tenants and treats the Landord/Owner like crap in Court.

Do as much due diligence you can with local government, landlords, and/or property managers as far as zoning ordinances.

You can 1031 Exchange and defer your Federal taxes, but would pay any state taxes that might be due. 

The cost of doing so concerned me because I am not sure how insurance companies and others would handle them let alone the federal government. 

Sounds familiar :)For rules on renting in Regina check out: https://www.saskatchewan.ca/government/government-...There is a lot of information to wade through there but all the forms and do and donts are there as far as the law is concerned.

Even the conventional wisdom about the Federal funds rate impacting mortgage rates was proven dead wrong less than a year ago -- December 2015, when the Fed raised rates, mortgage rates actually went down.All of the "rules of thumb" about "if X does this, mortgage rates will do Y" are wrong quite often, probably more than 1/3 of the time.

Is KBS Lending putting you through the federal regulations on the refinance?

--for the record and having different licenses for over 20 years (including federal licenses for other ventures), state licenses not only for RE but other ventures I can proudly state not once have I ever had an issue, complaints, etc and I AM accountable for my actions!

It's the end of 2016 and I wanted to know what extra payments should we make before the end of the year that will maximize our federal tax deductions for 2016 on our rental properties?