- Joined
- Jun 5, 2009
- Messages
- 966
I am looking to create a proposal to an existing landlord who is looking into retirement after 30 years in the business. He has several properties where some have mortgages and some none. He is open to explore some options to direct finance them and how best to minimize or defer some of the taxes (capital gains, transfers, etc.). I want to structure a win-win for both of us and perhaps start with 1-2 properties to see how well we can work together. Most of them are condos in Ontario.
Are there any specific strategies that one should use for things like this? VTB, ASF, Management agreements, etc. Any comments or suggestions are appreciated.
Are there any specific strategies that one should use for things like this? VTB, ASF, Management agreements, etc. Any comments or suggestions are appreciated.