Are you looking to buy an investment or rental property? And, you’re wondering whether you should purchase the property through a corporation? While most people just simply rent out their property without incorporating, they’re missing out on some worthwhile benefits to incorporating. In this article, we’ll show you whether or not you should incorporate before
You may feel accomplished when you secure a deal for a residential property in Ontario in today’s hot real estate market. However, that sense of accomplishment can be short lived as shortly thereafter the realities of closing the transaction begin to set in. From arranging a mortgage to arranging a mover, the forthcoming move may
As you may have heard it, breakthrough legislation has been passed permitted real estate agents in Ontario to set up Personal Real Estate Corporations (PREC). Prior to this, real estate agents had to be paid commission income directly in their personal capacity and could not take advantage of the tax planning benefits afforded by corporate
It’s common knowledge that retail real estate has taken a hit since the rise of e-commerce. More and more consumers are choosing to purchase their goods and services online (with the exception of certain goods and services of course). Who’s to blame? With online shopping there is no more commuting to the mall, navigating through
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