What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Duplex is empty with a few hundred in back taxes, triplex is 2/3 rented way below market.

Better yet, have an attorney draw it up since he will know what questions to ask you two. commissions are earned and should never be put back into the project your partner will owe personal income tax on it.. if you want to get a credit for it.. you have the seller lower the price by the commission that is how you handle that.. if its to late then its his money and he should pay tax on it and keep the rest.

I currently have about $180K of equity in the home, but would only look to set up a line of credit of ~$30-$50K.

Personally, I know a LOT of people are expecting cuts to start happening in June but with the spring market being hot here in Winnipeg and with the recent carbon tax increase I could see inflation staying high forcing the BOC to keep the prime rate where it is.

Hi all, Have anyone invested in tax deed in los angeles or orage County?  

We get a lot of CA investors in our market here in Tahoe Reno, NV that are looking to 1031 exchange out of CA and into Nevada for the lower property taxes and no state income tax benefitsCarlan C.

It's crazy how many tax benefits there are to investing in RE. 

You don't necessarily need a CPA licensed in those states to provide you with tax planning, tax advice or to help prepare your return.licensure for CPA's by states are normally important when you want to provide assurance / auditing related assurance

Investing in the US is a bit unique for us as we have to manage the tax relationship, but the returns are much better than I’m seeing in Canada and have focused my attention here.