Cleveland Water is now billing clients monthly versus quarterly.

My brother in law owns 4 “quarters” (120acres) that are worth about $1mil each along with a couple million in equipment.

I inspect quarterly anyway so they hardly ever find anything.I'm also fine for other landlords not to accept Section 8 so that I can ensure a steady stream of potential tenants to choose from allowing me to pick only the best.

Business operations includes: Reviewing monthly/quarterly/annual financials The asset manager (it could be you, we discuss below) will prepare the financials for each member to review based on the member operating agreementHow member votes function for improvements, management, and expenses, etc.

This was because apparently New Zealand has lower taxes for property buyers, and even no Stamp Duty tax at all, not to mention the fact that NZ property prices are lower in general than in Australia.

You pet deposit is OK provided you do quarterly inspections and immediately have repairs completed and bill tennat directly for the costs.

The issue and difference between the plans is that the IRA is subject to UBIT taxation on Unrelated Debt-Financed Income (UDFI). 

I will start my response by stating I have zero knowledge of Canadian taxation, but figure you may be taxed there no matter where the income was sourced from.

If the sale proceeds have to last the rest of her life, she'll want to make absolutely certain she's exploring all her options (not just the ones that work better for you).Also, be mindful that Grandma is going to need serious taxation, asset protection, and estate advice, at very least.

The goal is to develop some living quarters and communal space which friends and family can use for their enjoyment with the probability that any number of the partners may retire there at some point.