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  1. J

    Ontario form required and RTO sale process

    I wanted to resurrect this topic for the purpose of selling an RTO property to my RTO tennant in Ontario - Toronto to be more precise. Can anyone help with what forms and process to use? The RTO tenant wishes to buy, but is looking to me to define the process and guide him. Also, I have some...
  2. J

    Looking for a Pre-Qualified RTO tenant in Barrie

    I have just recently posted here about an RTO deal gone sour and asking about legalities. This post is in a different vein. Due to the current RTO tenant walking away, I am wondering if anyone here would know of a pre-qualified RTO tenant wishing to live in Barrie. I am willing to enter into a...
  3. J

    RENT-TO-OWN, Clarification on 3-year lease contract gone sour.

     I am the owner of a Rent-To-Own property where my Tenants have the option to purchase the property at the 3-year mark of the contract. My tenants have decided to quit the contract after having lived in the property for 2 years. They have been paying regularly their agreed-to monthly rental...
  4. J

    Tenant-Ladlord side agreements

    Yesterday I visited the "Ladlord`s Self-Help Centre" in Toronto, funded by Legal Aid Ontario. They are staffed by 4 full-time Community Legal Workers, and offer "summary-advice" to small-scale landlords. I spoke with one of the staff regarding a question I have: "Can I (a landlord) set up an...
  5. J

    Rent-To-Own rental payments tax-deductible by tenant ?

    I have recently had a question posed to me by my tenants living in a rent-to-own house (semi-detached): Can they deduct the rental payments against their business income for income tax purposes ? My guess is that the base lease payment portion (i.e. the full lease payment minus the monthly...
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