0 By Joseph Kwan, CPA, CA In PREC, Real Estate, TaxPosted May 13, 2021Tax on Assignment Sales: What You Need to KnowHow CRA is cracking down on pre-construction investors and what you can do to minimize your tax paid on assignment sales. READ MORE
0 By Joseph Kwan, CPA, CA In Accounting, Business Owners, PREC, Small Business, TaxPosted April 27, 2021Can 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. READ MORE
0 By Joseph Kwan, CPA, CA In PREC, Real Estate, TaxPosted March 24, 20215 Reasons Not to Buy Real Estate in a PRECTop 5 reasons not to buy real estate in a PREC and how real estate agents can invest instead. READ MORE
1 By Joseph Kwan, CPA, CA In PREC, Real EstatePosted October 7, 2020Personal Real Estate Corporation (PREC) Allowed in OntarioEffective 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! READ MORE