The studio was sold last year and that is shown on the records for the house, I think because of an adjustment to the RM.

Something we have to deal with and adjust accordingly but like everything else in the past the show must go on. 

If the county inspector says you have to fix certain things in order to pass then make the adjustments.

@Samuel LemaTaxable gain = sales price less adjusted basis(Adjusted basis = purchase price + improvements - depreciation).Tax rates for everyone will depend on their own tax profile.Some people live in a state with a high state income tax.Some people live in a state with no state income tax.Some people are in the top bracket, some people are in the lowest tax bracket.etc.

You need income to live on, appreciation is greatly over valued since it does not put food on the table.If there is a market adjustment coming you will want to liquidate your holdings in Ontario soon and reinvest in NB for cash flow.

Also, they want your identity. $100 says they want to steal it for nefarious reasons.

I think it might be time to adjust your expectations.

(water leak from outside)  So here is my question: 1) Should I submit a full price offer pending outcome of acceptable appraisal and inspection, just to get it under contract knowing I'll be negotiating a lower price later 2) submit my offer with my adjusted lower price with or course the appraisal and inspection clause 3) Go real low (like worst case scenario repairs and waive the appraisal and inspection clauses). 

If you value anonymity, separation of business and personal identities, and want to keep things as business-like as possible, then you should consider using a registered agent. 2.

Change professional and social identities etc...