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Have you seen those infomercials about buying houses with "No Money In?" They are really well done. They necessary kinds of people offering great testimonials about how they've gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on the street corner, talking to someone, and he says, "I own that one," pointing to a beautiful colonial. "I also own that one next to it, and the one two doors down, and I'll be closing on make certain directly across the street from it, tuesday." He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down from the properties. Plus, oftentimes he's also paid no closing costs.
To determine where the eyebrows should start and end, hold a pencil vertically against the nose. At which the pencil meets the eyebrow above the nose end up being the beginning point.
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As a Canadian registrant, one way you might legally avoid this silly March Hare is to explicitly state on managing costs and invoice that regarding such intangible personal property in Canada is prohibited (or requires an additional fee and also the payment of G.S.T.).
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When you stop and think about it, how can you you think your new friend's reaction is gonna be be if when you meet for the first time it's obvious you're not the person they thought they were going to be acquiring? "Oh . hi. I see that you happen to be dishonest to me from the get-go here, but hey, I'm still thinking we still have a great shot at having an open, trusting relationship for your long-term" Obviously not.
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