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Tax Tip from a Retired Accounting Firm Partner About Setting Up Corporations

Hello fellow real estate investors, Just before the holidays, I had the opportunity to meet up with my long-time mentor, a retired partner at the biggest accounting firm in Canada. His practice is built primarily around small business. A lot…

Real Estate Corporations: The Advantages of Holding Companies

Hello real estate investors and fellow real estate professionals, I was presenting the cost and benefit of incorporating rent to own real estate to a group of investors last night in Thornhill. One investor asked the question "why couldn’t…

Real Estate Corporations: Examining the Numbers and Seeing the Long-Term Benefits

Hello fellow real estate investors and real estate professionals, In the last blog post, I provided an analysis on the benefits and pitfalls of the common corporate structures used by real estate investors who own their own real estate portfolio.…

Real Estate Corporations: Examining the Pros And Cons of the 3 Most Common Structures

Many investors have approached me in the last little while asking me when is the best time to incorporate to own real estate. Most people are often hesitant due to the initial setup costs and the annual filing costs involved in owning real estate…

Incorporate: Unlocking Tax Advantages for You and Your Family

Coming across an investor who is unsure whether they should incorporate to hold their rental properties or not is more common than you may first think. I've met many and I've always offered the same advice- It all depends on your personal…