Does anyone on BP share this view that CS is preferable to LO?

There is a case to be made for affecting the tenant credit for the next landlord to view, but that should be looked on as just the right thing to do, collecting after a judgement is doubtful at best.

While Canada has no gift tax and Shahriar could technically "gift" any amount to his relative in the U.S.A. without tax implications at home - the transaction(s) would still be subject to U.S.A gift limits and taxation - he would not be investing at that point and could never "legally" accept any form of capital repayment {gift disguised as a loan} or profit from the gifted capital.The Canada Revenue Agency (CRA) takes an extremely dim view on loans disguised as gifts and, at their discretion, decide that the gift was really a loan or investment and treated as such from a taxation perspective.

New tenants view things differently than those who lived there.

I'm planning to speak with my CPA and put the other unit for sale (realtor has said it could sell for 90k due to a water view) and get into another quad in 2014.

Marc, I have to admit that the profit numbers you're showing are very strong, and my view might change, as the ROI potential is 100%+.

It might be the cynic in me, but I tend to think this is because MF makes no money off of either of these investment types, and view them as a competitive threat to their fee-based news letters and stock tip sheets.

I can't comment on Florida rentals but for RI rentals I have seen the best value is beach view and close enough to walk.

(7) For a beach condo, the view is extremely important.

Once you are in agreement on that then your financial decisions will be able to be viewed in relation to your common goals.