Corporations: Why You Should Not Overlook the Flexibility of Having a Corporation

It’s that time of the year again. It’s rainy and it’s getting cold. For accountants, it’s the less busy time of the year. Many of us use this less hectic time at various professional development courses to update ourselves. It…
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Purchasing a Vehicle With Your Real Estate Corporation

When we found out we were expecting Bruce, the first thing we did to get prepared was trade in my small sedan for an 8-seat minivan. It is a nice and highly rated van, big enough to accommodate our growing family but also affordable. For…
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The Absolute Best Way to Avoid Paying Tax on Capital Gain on Sale of Properties

Recently one of my blog followers asked me this question: what is the best way to avoid paying tax on capital gain on sale of properties? Sadly, unless you don’t make any gain on the sale of your real estate portfolio, you will have to…
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Save $1000s in Tax Liabilities with the Proper Share Structure in Your Real Estate Corporation

Hello fellow real estate investors, Happy Chinese New Year everyone! It is the year of Goat in 2015. Our family wishes everyone a happy and healthy and prosperous year of Goat. Believe it or not, according to this Astrologer from Fortune.com,…
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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…