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13 January 2022 | 1 reply
In the process of relocating i decided to maintain the home and keep it as a rental which led to wanting to further my knowledge in the real estate business.
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24 January 2022 | 1 reply
But, as you've noticed you have direct and indirect operating costs to do it and maintain your corporate veil, otherwise what was the point.I'd be happy to chat.
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11 January 2022 | 14 replies
Under MLI Select it said Purchase/refinanceOPTION A: 80% of units: maximum rent is ator below 30th percentile of rents (CMHC in thesubject market) for units of similar type (numberof bedrooms)OROPTION B: Project approved under otherhousing programs/initiatives (municipal, provincialor federal) that provide support for developmentof affordable housing such as capital grants,municipal concessions or expedited planningOROPTION C: Social housing projects with upto 5 years remaining on operating agreement:additional criteria applyNote: For all options, the affordability of designatedunits must be maintained for a minimum of 10 years.Affordable units are subject to provincially allowableannual rent increase or CPI.Pretty vague description and doesn't speak to the point system so i'm waiting to hear back for clarification.
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16 March 2022 | 3 replies
What did you do to ensure the pool was properly maintained to avoid large, unnecessary costs?
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8 January 2022 | 13 replies
If I am planning on selling within a few years, would it make sense to try to sell in a year where I have a lot of accelerated depreciation expense due to utilizing cost segregation studies?
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4 January 2022 | 4 replies
Definitely study the requirements for an FHA Loan like a book and make sure to set yourself up for success.
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10 January 2022 | 9 replies
Finally I made some changes put a big glass door and made it a study room and listed the house back on the market as 3/2 that's when it was sold.
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15 January 2022 | 5 replies
However, the risk with that is tenants may not maintain it to your standards.
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20 July 2022 | 4 replies
I am interested in doing a cost segregation study on one of my properties.
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5 January 2022 | 4 replies
(Hopefully) my income stays steady and I will be able to maintain that second property while the condo is being paid for by the renter.