Even though you will be out of pocket up front for the expense, it will take years to get all of the tax deduction.5) Choosing your tax strategies with legal entities and exchanges will change the timing of your tax bill and the tax rate at which you pay.

If you did not follow all the rules, then you should return the whole Sec Dep within the 30 day window and walk away from this ordeal and be glad you are getting the better part of this ordeal.As others have mentioned, you can not arbitrarily choose to deduct months of loss rent from her breaking the lease.

@Timothy HoodIf you will be forming a partnership, or even if you choose not to form an entity and simply joint venture into transactions, you would really want to have an attorney help you out.  

Pull the carpet up, prep and level the subfloor appropriately, then lay the new flooring, whatever you choose.

That will have a lot to do with what areas you choose.

There will still be withholding taxes when capital is repatriated, but they could be lower than 30% depending on your ownership organisation.My best advice would be to find yourself a reputable Canadian accountant and attorney with cross boarder real estate experience. 

Go to netronline.com choose CA and follow the steps.

My point is you don't have to choose one.

If you choose to keep colors, ask applicants during open houses if the colors look appealing to them or may have been a turnoff to them so you can see if you need to re-paint after initial open houses to increase interest...

I will have the sole and exclusive right to purchase the property at any time of my choosing for the nominal amount of $1 from the seller and whatever arrangement I might make agreeable to satisfy the relevant creditor bank's remaining debt.