Posts

7 Steps You Must Take When Setting Up a New Corporation
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7 Steps You Must Take When Setting Up a New Corporation

Thursday is the election day in Ontario. It is so disheartening to see how much "new spending" is promised across all parties. Liberals don't look like they have a chance, but the options remaining aren't any better. This Global &…
Tax Questions
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6 Common Tax Questions Asked by Top 200 Realtors & Investors

Happy Mother's day to all of you. It's a special year this year. I finally got to spend my mother's day with my mom, the superhero in my life. 😊 She's in town to visit for a week, spending some quality time with us and enjoying…

Why Incorporation is the Way to Go for High-Earning Realtors

It was nice spending time meeting so many great people at Realtor Quest 2017 and the Rock Star Inner Circle member event. Despite the business of my schedule last week, I managed to take my Sunday off with my two lovely kids. Robin asked…
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Understanding the Pros & Cons of Different Business Structures so You Know When to Incorporate

On Saturday, it was the first Rock Star Inner Circle member event. For those of you who don’t know what Rock Star Inner Circle does, you can go to their website here to find out more. I was up on the stage to share some tax tips with over…
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How to Protect Your Asset Using a Corporation

A Corporation is considered a separate legal entity. It files its own tax return and can operate its own business. It can also be sued. One of the main reasons why an investor would incorporate is that they are concerned with their potential…
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How to Use A Corporation to Lower Your Tax Liability

One of my new values this year is to make myself happy. I love trying new things all the time. Trying new things always make me happy. So my action item is to think of something new to do every single week. Something new doesn’t have…
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Why the Rich Get A LOT Richer with Corporations

Jays are hot these days! :) Watching their games can be stressful, thanks to Donaldson, they somehow managed to sweep the Texas Rangers. Other than cheering to our favorite team, we also did a little bit of charity work this past weekend. We…
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7 Questions to Decide Whether You Should Incorporate (Part 2)

Irene, a long time friend of mine, came by to visit a couple weeks ago. Together with Jason, we were in the same study group when we wrote the Uniform Final Exam (UFE) 10 years ago! We all graduated from the same Bachelor of Mathematics…