incorporation Archives - Page 7 of 8

How to Hire Your Children and Split Income Legitimately

How to Hire Your Children and Split Income Legitimately

It has been an exciting week here at my household. Both kids are off to school. Yep, both Robin and Bruce are officially in full-day Kindergarten. We got a letter from his school about Bruce’s class placement. He didn’t get into...

September 5, 2019

Why Incorporate When You Can Invest in RRSP?

Other tax issues Real estate corporations Real estate investment Realtors/real estate agents Should I incorporate?Small business and real estate

Why Incorporate When You Can Invest in RRSP?

You may have already known, I am an accountant. This means that I have to look at numbers all the time. I have always been equipped with two monitors, one from my laptop and one extra monitor. Recently I had...

August 22, 2019

How to Pay Zero Personal Tax and Receive $30K Income Every Year

Life Lessons Other tax issues Real estate corporations Realtors/real estate agents Should I incorporate?Small business and real estate

How to Pay Zero Personal Tax and Receive $30K Income Every Year

The first time I’ve heard of Jesse Itzler was at the Grant Cardone 10x Event earlier this year. Erwin and I were so fascinated by his speech and I immediately ordered his New York Times Best Selling book, Living with...

August 7, 2019

Quit Your Job With Just Two Rental Properties

Life Lessons Other tax issues Real estate corporations Real estate investment Real estate rant Realtors/real estate agents Small business and real estate

Quit Your Job With Just Two Rental Properties

It was Erwin’s birthday the past weekend. He just turned 40. We went out with a bunch of friends to this place that we could do archery, throw some knives and axes as well, it was so much fun! His...

March 28, 2019

How to Split Income From Your Real Estate Portfolio Under the New Income Splitting Rule

Other tax issues Real estate corporations Real estate investment Real estate rant Realtors/real estate agents Repairs and maintenance Small business and real estate

How to Split Income From Your Real Estate Portfolio Under the New Income Splitting Rule

Happy Valentine’s day everyone! It has been quite a week getting back from the sunny south to this winter wonderland. I just had a great conversation with my tax mentor, a retired partner at Deloitte to discuss the possibility of...

February 14, 2019

3 Short Videos on How to Pay Less Tax and Stay on the Right Side of the Tax Man

HST rebate Other tax issues Real estate investment Real estate rant Realtors/real estate agents Should I incorporate?Small business and real estate

3 Short Videos on How to Pay Less Tax and Stay on the Right Side of the Tax Man

Snowstorms, extreme cold weather alerts, school closures, kids sick… those are just a few things that we, Canadians, have battled with this past week. These are the moments that I am grateful for technologies, such as online meeting apps and...

January 31, 2019

Grow Real Estate Portfolio and Get Asset Protection Without Losing Sleep at Night

Real estate corporations Real estate investment Realtors/real estate agents Should I incorporate?Small business and real estate

Grow Real Estate Portfolio and Get Asset Protection Without Losing Sleep at Night

It was Saturday morning and I was still sore very sort from the work out the previous week. I started browsing the yoga classes schedule available to do some stretching and realized that there was a kids’ yoga class for...

January 17, 2019

Life Lessons Real estate corporations Realtors/real estate agents Should I incorporate?Small business and real estate

6 Simple Ways to Create Freedom that Works for Real Estate Investors

I had a rare and candid business conversation with my dad and Erwin one night. He asked us about our numbers and how our businesses are structured. He was fascinated that we could be away for two weeks while our...

November 22, 2018

How to Pay 13.5% Small Business Tax on Rental Income

Real estate corporations Real estate investment Real estate rant Realtors/real estate agents Small business and real estate

How to Pay 13.5% Small Business Tax on Rental Income

Did you see this headline – “Liberal government writes off $1.1B US loan, plus interest, docs show” on MSN.com? Federal government wrote off a loan made to Chrysler during the 2009 global economic meltdown. I believe in making progress in...

October 25, 2018

How to Maximize HST Claims When Purchasing a New Vehicle

Capital cost allowance HST rebate Other tax issues Should I incorporate?

How to Maximize HST Claims When Purchasing a New Vehicle

My cousin got married in May 2016 in Hong Kong. Robin was 2.5 years old, and Bruce was 10-month-old at the time. We would have cramped in a less than 800 square foot condo one bathroom with a total of...

September 20, 2018

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Tag: incorporation