But reporting huge repair expenses in relation to your rental income is an easily spotted red flag on your return.Reporting losses by aggressively taking lots of repair deductions (that you might have alternatively capitalized) will also lessen your chances of getting bank loans in the future, as banks like to just take the results off your tax returns, regarless of how much you say, "yeah, but..."

Alternately, your Canadian bank should be able to wire US dollars to any US institution.

I would have alternate min, tax if I borrowed to finance real estate?

This is usually pretty simple.Another alternative is to buy a home study course from some guru.

I have failed at mailing the rent check to the landlord once, a certified mail was sent back, I was unable to hand deliver cash on a Saturday morning, a alternate mail box has been unsuccessful as well.

This is considered "loan proceeds", and as such isn't taxable - except maybe in certain odd "alternative minimum tax" scenarios.

So, we're approaching this from the POV that seller financing is not an option.Do any of you have any suggestions for where we could find investors and/or financing and any suggestions what options/alternatives we should look into?

., then maybe find an alternative to renting out a room.

Rather than just saying "no frat houses", they came up with this alternative that does not discriminate, and by having it under zoning (usually zoning definition for "single family") it is limited to being very local (thus less likely to get challenged).

Sam Miller , the LLC is important when you have partners because you need to separate yourself, your partner, and the property.The alternative to owning with partners within an LLC is for you both to go on title as tenants in common.