We are looking to make this post to start getting in contact with likeminded people in the areas of Calgary or Edmonton.To provide a little background, we purchased a half duplex 3 years ago in our hometown (Northern Ontario) at the age of 21.

For people to get a better sense of what you accomplished feel free to provide more details.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.

This is tough to do with today's high prices and mortgage rates, which is why so many investors have slowed down or stopped investing until the market turns favorable again.Below is an example of a single-family home in Allentown.

For value-add investments, securing the right type of financing that accounts for the property’s potential appreciation is key.

regular mortgage How did you add value to the deal?

As mentioned it depends on the state as in florida you are responsible for 12 months or 1% of value whichever is less.

Add those people in by using County or Schoolarea population.Example:Town1:#ofunits/headcount= 300 units in the area/ population 3,000= 10 unitsper 100 people.Town2:5004,000= 12.5 per 100Town3:andso on.Doevery stand alone town in a 60 mile radius, or until your satisfied.You will get a High, Low and a average.

Right now we're inquiring with our insurance provider to validate proper coverage, checking with our rental license if it covers uses like this, and working through what a lease would look like.