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    Extension of RTO

    I am extending the closing date for the tenant to obtain financing, which will change purchase price andincreased credits to tenant
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    Extension of RTO

    Wondering what I should use to extend my RTO for 6 months. I was thinking I would use an amendment, but I wanted to check to make sure it wouldn't interfere with the tenant buyer obtaining financing. Any help would be appreciated Thanks David Giovanniello
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    London ON Realtor

    I am a London Realtor, I am also a REIN member and investor myself, I would be happy to help you. Please feel free to contact me Thanks David Giovanniello Century 21 First Canadian Corp 519-673-3390 Office 519-777-0795 Cell www.greatlondonhomes.com
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    RTO Tax Question after Tenant Buyer Purchases

    My question is in regards to the monthly option credit, do I calculate this in the totally monthly income, then subtract it from the sale price. Or do I just keep it off the monthly income and treat it as a deposit like a normal purchase. Just trying to do my taxes and not sure which way to...
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    RTO Question

    Thank you for your reply, I just noticed that is should have read what amount should I put down for the deposit in the agreement of purchase and sale. I will put the $8,000. Is there a preferred lender anyone would suggest for rent to own, or are they all equal in that respect. thanks
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    RTO Question

    My Tenant buyer is ready to purchase the home, they gave me $5,000 initial deposit and have accumulated $3,000 monthly credits over one year. My question is, what amount should I put on the agreement of purchase and sale. Is it $8,000, or should I put another amount? what would CMHC rather...
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    Rent to own tax questioh

    When reporting rent to own income for tax purposes, do you use Gross Rent including rent rebate or do you subtract rent rebate from the amount reported. Thank you in advance for any help. Sincerely. David
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    What % of tenants acually purchase the RTO

    Just curious what percentage experienced investors are finding their tenant buyers are actually closing the deal in 2-4 years. What is the optimum deposit to help this percentage? any other suggestions to increase probability. Thanks
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    I am looking to specialize in Lease to Own

    how do you guys structure your RTO with regards to Property Tax. Who is responsible for this payment?
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