I’ll save you thirty grand on gurus ...Work hard and achieve your dreams Buy low and sell high Buy ugliest house in the best neighborhood Believe in yourself Take action

Hope this helps!

After that, the LLC could potentially gift or sell the property to you, which would likely trigger capital gains taxes.Another option could be to transfer ownership gradually through gifting shares of the LLC to you over time, which may help minimize tax impacts.

Both cities have their pros and cons depending what your looking for as an investor but if it's purely prices Edmonton would edge out Calgary. hope this helps Btw Edmonton is 300km north of Calgary

Here’s how it can help if you currently own residential real estate:Improve Cash Flow – By taking advantage of accelerated depreciation, you can claim additional deductions in the early years of your property, boosting your cash flow.

They responded just as you indicated @Ryan Murdock that it helps to cover the costs of them collecting the late rent. 

Sorry if it sounds like I’m venting, but I really could have kept that money and spent it in something that would actually help. 🤦🏽‍♂️ 

Any suggestions would be very helpful on how to proceed.

Any help would be much appreciated!

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