Is her goal to be nice and provide some of the gains or reduce her taxes by trying to split income between her and her ex?

It’s gotten me seriously considering bringing an attorney in-house to handle evictions and other legal needs moving forward.I’m evaluating this from two angles:Cost Efficiency: With the expense as high as it is, having in-house counsel could potentially reduce costs over time.

Screening everyone over 18 helps reduce the risk of costly evictions and ensures you’re fully informed about who will be living in your property.Additionally, be mindful of the number of occupants and how it might impact your property.

, reducing your housing costs.Potentially higher cash flow.Cons:More intensive management (two tenants, two leases).Can be harder to finance than single-family homes.May not appreciate as quickly in some markets.Here's where I need YOUR input!

Also prevented us from making wrong statements on our part which would have reduced the claim.3.  

This would obviously reduce my cash flow on both properties, as I would be paying the minimum HELOC payment plus extra towards the principal to pay it off quickly.

All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

Hi @Akintunde AboabaIf you want to reduce your risk of difficult tenants, choose a province with fair landlord-tenant laws, like Alberta, and not BC.

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

Also with plans to reduce industrial "intensity" in and around residential areas.