Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.

@Michael Dumler Thank you so much!

@Michael Plaks as always is spot on with his analysis.

Quote from @Michael Smythe: @Erick Pena please understand that buying rentals is NOT passive income! 

Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.

Thanks Dylan and Michael.

Quote from @Michael Baum: Hey @Marc Shin, what you can do is add a second layer of drywall over the first.

Quote from @David Gordon: Hi Michael,I decided to move and rent out my old property this year so I am interested in going to a CPA for the first time.

Quote from @Michael Smythe: @Jermaine Washington how do you know they've legally abandoned the property?

@Michael Whitman , it would totally depend on the company, but you make a great point.