Blog

Underused Housing Tax for Canadian Real Estate Investors

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.

Year End Tax Planning Tips for Business Owners

Business owners don’t forget to take advantage of these year end tax planning tips before December 31! Tax planning for small business owners.

Should I Incorporate my Business?

Learn the pros and cons of incorporating your business and how to decide if your are ready. Ask yourself these 5 key questions…

Modern Living Room with Grey Sofa and Blush Pink Blinds

Should You Claim Capital Cost Allowance on Your Rental Property?

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.

How to Avoid Being Treated as a Personal Services Business

How to Avoid Being Treated as a Personal Services Business

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.

Tax on Assignment Sales

Tax on Assignment Sales: What You Need to Know

How CRA is cracking down on pre-construction investors and what you can do to minimize your tax paid on assignment sales.

Can I Borrow Money From My Business Without Paying Tax

Can You Borrow Money From Your Business Without Paying Tax?

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.

5 Reasons Not to Buy Real Estate in a PREC at Rethink CPA

5 Reasons Not to Buy Real Estate in a PREC

Top 5 reasons not to buy real estate in a PREC and how real estate agents can invest instead.

Non-Residents Buying Real Estate in Canada

Non-Residents Buying Real Estate in Canada

Things that all non-residents should know about before buying real estate in Canada: NRST, tax rates and mortgage qualification.

2020-01-12 Non-Resident Earning Rental Income

Non-Resident Earning Rental Income in Canada

Did you know that non-residents earning rental income in Canada have tax obligations, even when they have a net rental loss?

non-resident-selling-real-estate-in-canada

Non-Resident Selling Real Estate in Canada

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.

personal-real-estate-corporations-prec-allowed-in-ontario

Personal Real Estate Corporation (PREC) Allowed in Ontario

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!

Joseph Kwan CPA, CA Real Estate Investors Tips Strategies

Tax and Mortgage Strategies for Real Estate Investors

Thinking about investing in real estate? Check out our new video made in collaboration with GTA real estate brokerage Prime Properties T.O.    

White Tesla Model 3 in Front of Super Charger

How to Save up to $33,000 on an Electric or Hybrid Car

Thinking about buying an electric or hybrid car? Do not miss out on these tax incentives!

Toronto Skyline with CN Tower at Dusk

Tax and Accounting Tips for Real Estate Investors

Top things every real estate investor should know: deductible expenses, bookkeeping tips, HST/GST and more.

Get Tax Tips Delivered to Your Inbox

Recent Posts
Categories

Ready to Get Started?