When a Seller Accepts… Then Backs Out | Early Lease Renewals | Rental Property Taxes | Real Estate Investing Canada

🎧 When a Seller Accepts… Then Backs Out | Early Lease Renewals | Rental Property Taxes Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode kicks off with a real-world deal story that most investors will never experience: an offer accepted below list price, no counter… and then suddenly pulled back. Wayne breaks down exactly what happened, how it was handled, and the lessons investors need to take away when navigating fast-moving deals, multiple parties, and verbal acceptances. From there, the show moves into several high-impact listener questions covering lease renewals, common-law relationships, agreements for sale, and how to properly think about taxes when analyzing rental properties. 🧠 What You'll Learn in This Episode What it means when a seller accepts an offer without countering, and why it can be a red flag How to handle verbal acceptances, signing authority, and messy estate situations Why speed matters when a property checks all your boxes The right timing and process for sending early lease renewal offers to tenants How common-law relationships can impact real estate ownership and risk Whether you can assign an Agreement for Sale to a joint venture partner When a Power of Attorney is useful (and when it is not) Why taxes should not be deducted from cash flow in deal analysis The biggest misconception investors have about paying tax on rental income 👥 About Your Hosts Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies. New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help (investor-focused): www.finngo.com/rei Submit a question for the show: [email protected] 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 [email protected] 🔗 Facebook 🏫 Edmonton Real Estate Investing Course – Hosted by Wayne & Gabby Hillier Thinking about investing in Edmonton but not sure where to start? Our 8-week Edmonton Real Estate Investing Course gives you a clear blueprint to invest with confidence, including: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca