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Old 11-03-2010, 04:04 PM   #5
Bill Bumface
My face is a bum!
 
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And no security deposit?

Who cares if he's paying taxes or not. The CRA often ends up catching on in these situations all by themselves. If he goes to sell one day and claims he had no rental income for the years he held it, they'll be looking at his bank accounts.
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