Blog
Learn how Canadian real estate investors may be caught under the underused housing tax rules if they invest via a corporation, trust, or partnership. Affected owners are required to file a UHT return by April 30th to avoid hefty penalties.
Business owners don’t forget to take advantage of these year end tax planning tips before December 31! Tax planning for small business owners.
Learn the pros and cons of incorporating your business and how to decide if your are ready. Ask yourself these 5 key questions…
CCA is one of the most impactful tax deductions available to real estate investors. Learn why some investors choose to forgo this tax deduction and when it is advantageous for you to claim capital cost allowance on a rental property.
Are you an incorporated IT consultant, independent contractor or freelancer? Learn how you can avoid being treated as a Personal Services Business for tax purposes.
How CRA is cracking down on pre-construction investors and what you can do to minimize your tax paid on assignment sales.
When you borrow money from your business, the CRA will want to tax the amount in your personal income. But, like many tax rules, there are exceptions.
Top 5 reasons not to buy real estate in a PREC and how real estate agents can invest instead.
Things that all non-residents should know about before buying real estate in Canada: NRST, tax rates and mortgage qualification.
Did you know that non-residents earning rental income in Canada have tax obligations, even when they have a net rental loss?
Many non-resident investors are surprised that they are subject to tax when they sell a property in Canada. In this blog, we explain the tax process for non-residents sellers and how you can reduce your liability.
Effective October 1, 2020, real estate agents are allowed to incorporate a personal real estate corporation (PREC) in Ontario. Find out if a personal real estate corporation is right for you!
Thinking about investing in real estate? Check out our new video made in collaboration with GTA real estate brokerage Prime Properties T.O.
Thinking about buying an electric or hybrid car? Do not miss out on these tax incentives!
Top things every real estate investor should know: deductible expenses, bookkeeping tips, HST/GST and more.
- Accounting (1)
- Business Owners (5)
- PREC (4)
- Real Estate (10)
- Non-Residents (4)
- Small Business (5)
- Sole Proprietor (4)
- Tax (9)