Tenants doing repairs or improvements in residential effects IRS requirements, depreciating part of a property as you are required to do means, if you didn't pay for it, you have false claims on your taxes if you did declare it and false returns if you don't adjust it and no residential tenant can deduct such costs, commercial tenants can.Again, Rent-To-Own is described in Dodd-Frank, it is a dead strategy as it has been done in the past.

If you hold property in the U.S.A. directly from Canada, you will have to repatriate the earnings which translates into paying the withholding tax (30% in most instances) to the IRS and then paying the delta, between the amount withheld and what you would be taxed in Canada on the full earnings, to the CRA.  

Especially not with the IRS.  

I have worked at a law firm in Eastern Europe, the IRS, and a District of Columbia housing agency.

Hi Anna,The first thing I do with a new client is I have them fill out a PFS statement where I can see their annual income with their job or business and their net worth and liquidity positions.Then we usually hop on a call for initial discussion.

Once that's completed go to the IRS web site for your EIN number.  

Examples would be furnace, AC, roofs, and painting (painting isn't strictly speaking a capital expenditure according to the IRS, but I categorize it that way internally.)  

The advice I received was that since the IRS tends to look at rentals of less than seven days a business rather than passive income, that I would wind up paying UBIT. 

Also, can anyone advise on how to find out if/how much IRS or HOA liens are owed?

There is precedent for the IRS to disallow an exchange that was refinanced immediately before a sale in order to pull cash out) do a refinance, or take out a new first or a heloc.