Capital gains are assessed at point of sale or transfer in Canada, so a refinance has no tax implications.Land development / home construction is always a great play, but higher risk.

(Higher down, higher variable rate, etc) 2 Questions:  1) Can I transfer ownership of the mortgage to the LLC over time, some mortgage laws prohibit this and void the contract if this is done.

I left my job a few months ago and I want to transfer the funds from my 401K to one of these types of accounts so that I can use the funds for investing in real estate.

Are you tied to your location, I would guess your employment skills are transferable to any part of the country.

No, this is coming from international leaders and their country's press / media.

A converted garage will count as a room as long as there is a connection to your house (and not a standalone building) and also there must be a way to enter the room internally in the house.

Valerie King if you get a mortgage in your name to finance a property, you also risk triggering the due on sale clause if you attempt to transfer the title to an LLC.

I would have to borrow heavily from family to get $200k cash (at 6%-9%) to close the deal to transfer the deed. 

What you can do is setup an LLC which would be owned by your Solo 401k and your partner and simply transfer the property into.

I understand I should send a letter notifying the current tenants of the property transfer, but is the assignment of rent revenue handled mostly in the purchase contract between the seller and buyer?