Turns out, proper entity structuring could have rather easily protected his real estate from this suit.

He needs to either have a housekeeper visit him on a regular schedule or a residence better suited to his condition.I would urge you to take the compassionate approach and help him better his situation.

I'm looking to expand to a two-story, 4/3 with an in-law suite(included in the 4/3 number).

I am in the process of purchasing a duplex and using a rehab loan to make a mother in law suite in the basement.

I think with knowledge and experience, the success and money will surely follow suit.

Welcome to BP Krysteena.There is wealth of information available here.Read through it, listen to the podcasts, and decide on a strategy that suits you & your situation.Take action and you will succeed.

What a great conversation and so many good points.Agreed this will do little to the housing market in vancouver BC, as it was mentioned the foreign buyers are generally buying over $2m and so a few less sales, if at all will do little to the average house.The CRA does look at companies with majority foreign ownership more closely but setting up a Holdco would only be for very wealthy buyers buying many properties to make the structure worthwhile.Politically they needed to do something and hence followed suite with other countries like a Australia, (where I am from) which it did little for the local market and average joe who still cant afford a house and many rent for life.

Whether you want the seller to pay your closing costs or mow your yard for a year in a chicken suit, if you both agree to the terms, it's a deal.The absolute simplest way to get your closing costs paid would be to offer to raise the purchase price by the amount of your costs and have the seller pay them out of pocket.Another is to tell the seller that the closing costs must come out of your down payment. 

., Suite 350Las Vegas, NV

If you look on your county clerk site, "court case search", or similar, you can see the foreclosure suit case docket to determine where it is in the process.