@John Humphries if you hold your U.S.A. properties in an incorporated entity - which would pay U.S.A. taxes - and leave your retained earnings in the company (i.e. never bring them into Canada), you should not have any amount to include in your Canadian income tax.

Plaintiff incorporates the allegations in paragraphs 1 through 34 above as though they are fully set forth herein.36.

The terms are not comprehensive and we expect that additional terms [including reasonable warranties and representation,] will be incorporated into a formal agreement (the “Agreement”) to be negotiated.

Be careful of what you incorporate into your lease in PA.

After leaving a real estate workshop "No Money, No Bank, No Credit" They mentioned this idea called Wrap around.

If people do not know , this is basically you as the seller, giving the buyer the ownership of the hou...

@Walt Payne  Joshua nor anyone else can be the ethics police, and unless there's something blatantly offensive, or graphic in the posts, people are free to write as they choose.

There could also be room for incorporating the management company to protect against employment tax in the event there is a profit during the year.

I currently work in corporate America and will be self managing my properties.Strategy: Buy and hold.Goal: To make real estate my sole source of income in 10 years. 

This will continue to depreciate according to the relinquished property's schedule, which in my case was $3,015 per year (which already backs out the land and incorporates some small post-purchase improvements)Deferred gain = proceeds of sale - exchanged basis = 114,940 - 76,141 = 38,799.  

Can you do accounting, graphic design, or perform acupuncture?