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7 September 2021 | 2 replies
Also read the tenancy laws in BC and be familiar with the costs of buying in BC as there are extra costs (eg land transfer tax) that can be expensive.
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8 September 2021 | 4 replies
If the town came out to the property prior to you closing on it and granted a certificate of occupancy for transfer (if you have that there), you may be able to argue that it is now grandfathered in.
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3 October 2021 | 7 replies
This is incorrect based on what the original poster is asking.Rentals do not have to show a taxable profit on schedule E.
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12 September 2021 | 8 replies
Eudith mentioned that you can't transfer a purchased a property from your name into an LLC, without possibly triggering a due on sale clause.
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8 September 2021 | 9 replies
Originally posted by @Jonathan Greene:The search feature is a dinosaur and barely ever works for what you need it to.Yup I find it worthless myself It needs to auto load if you get close.. for instance if I was looking for Jonathan and did not remember he had and Extra E on the end of his name I would not be able to find it at all.
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16 May 2022 | 14 replies
Also see if you can transfer your property tax basis.If you don’t sell, your insurance costs will eventually climb to 1-2k/month which simply isn’t worth it imo.
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7 September 2021 | 0 replies
In your opinion, what digital free resources (e-book, guides, reports, etc.) would a landlord appreciate from a service provider?
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7 September 2021 | 1 reply
A while back I heard that you could buy a fourplex with and FHA and then after a year somehow role/transfer that FHA onto a triplex and then a duplex and then finally a single family home?
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7 September 2021 | 0 replies
I heard that you could buy a fourplex with and FHA and then after a year somehow role/transfer that FHA onto a triplex and then a duplex and then finally a single family home?
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8 September 2021 | 4 replies
They should prorate any rents and transfer any security deposits on account.