The standard seems to be RTI, but since that isn’t allowed in Ontario, I’m trying to develop a legal alternative system to use income as one of the pre-screening requirements.

Hi,friend of mine wants to buy a property together,Split is a combination of debt & equity,I have a family partnership which i would like to hold the property under and avoid the extra annual fees related to another Separate LLC for the holding it.is there an alternative way to provide a the security for him?

With a second property, you might be looking at alternatives to DTI financing.Mark

Airbnb estimates ~1600/mo average, and I think it is a bit conservative given the location next to public transportation, "coolness" of the unit (100+ year old building that will stage and photograph well), and relatively underwhelming alternative Airbnb and hotel options.Furnishing everything is my biggest unknown that I'm working on, but I would greatly appreciate hearing about any red flags/concerns/oversights that jumped out at you while reading this.

@Mike WessellBad news: the problem is very real, as the tax law does prohibit installment sale treatment for "inventory" property.

Not more than 96 hours after receiving notice of the presence or possible presence of bed bugs, a landlord: Shall inspect or obtain an inspection by a qualified inspector of the dwelling unit; andMay enter the dwelling unit or any contiguous unit for the purpose of conducting the inspection.If the inspection of a dwelling unit confirms the presence of bed bugs, the landlord shall also cause to be performed an inspection of all contiguous dwelling units as promptly as is reasonably practical.Except as otherwise provided, a landlord is responsible for all costs associated with inspection for, and treatment of, the presence of bed bugs.

Sell the property and invest in alternate investment.3.

Upon a lot of thinking, the tax treatment of the duplex may be an important factor - I have done a lot of research online, but would like a consultation with a tax accountant/CPA who has experience on real estate matters.

Another alternative I thought of was renovating while they are still living in the units, considering thus far these tenants are good and, always paid their rents on time.

Are there alternative business loans that we may qualify for with less experience?