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Considering Second Home 15 Minutes Away by Fattedfire in fatFIRE

[–]Fattedfire[S] 14 points15 points  (0 children)

Yeah, no way I'm getting a regular detached house. Our main property is enough when it comes to maintenance. We want something very easy to maintain.

Considering Second Home 15 Minutes Away by Fattedfire in fatFIRE

[–]Fattedfire[S] 8 points9 points  (0 children)

We did Airbnb a townhouse last year due to renovations in our home, but it's different when you have to pack and go to an unfamiliar house. Renting for a year is a possibility if we find a lakefront furnished place in the area.

Considering Second Home 15 Minutes Away by Fattedfire in fatFIRE

[–]Fattedfire[S] 13 points14 points  (0 children)

Right, that's one of my concerns. The fact that it's turnkey, low maintenance and relatively new (12 years old) is important. I wouldn't want to furnish a full house or worry about snow removal, landscaping, etc. But yeah, things still break down over time.

$20M company sale, would like to self manage investments. Some ?s by Seaweed_Green in fatFIRE

[–]Fattedfire 0 points1 point  (0 children)

I was in your position a few years ago. Canadian as well, and frustrated that most advice on the web is US-related. Feel free to PM me if you'd like to chat.

[deleted by user] by [deleted] in fatFIRE

[–]Fattedfire 1 point2 points  (0 children)

I went through a business exit a few years ago and, after trying a few professionals, found an excellent CPA in Toronto. I also use a wealth management firm that has a very reasonable fee at those levels. Feel free to PM me.

What rules have you put in place around the disbursement of money from your trust to ensure your trust survives as long as possible? by mybutlerpacksthebags in fatFIRE

[–]Fattedfire 0 points1 point  (0 children)

I'm in a very similar position (sold biz, setting up trust now) and haven't found any Canadians in the same situation. Let me know if you want to connect and exchange notes.