As a real estate accountant, the most common questions that real estate investors ask me are “Should I incorporate?” and “What can I deduct?” But
I make $150K per year, and my husband is in school, so has no salary. Can I put all our properties in my husband’s name
Question: I am currently working on my first JV partnership and have a question regarding Capital Gains. In this instance my JV partner is making
I am often asked, “Is my REIN membership deductible?” While the Canada Revenue Agency debates this, I’ll argue until I’m blue in the face that for
Recently I was asked again (it’s actually a common question) “why should I buy real estate if I’m already in a high tax bracket?” Not
Question: If hold a property for 23 years and then sell it, is the income treated as a capital gain or as income? Answer: Many people
Once you have your family trust set up, how do you stay on the right side of Canada Revenue Agency? Usually family trusts require an
In Part 1 of this series on family trusts, I discussed what a family trust is and how their potential benefits for real estate investors.
Family trusts are a cost-effective tool to meet multiple tax, legal and business objectives for real estate investors, and are therefore becoming a more prevalent
Qian vs. The Queen (2010 DTC 1357 (TCC)) illustrates a few key factors that apply to any business owner. And, of course, real estate investors
If the Canadian Income Tax Act was clear, judges would preside over very few disputes between the Canada Revenue Agency and taxpayers, and taxpayers wouldn’t need
Doing a logbook for all your motor vehicle expenses is hard work. You have to consistently record the trips you make related to your real
Why should real estate investors care about the refundable dividend tax on hand (RDTOH)? Because Canadian real investors who hold real estate investments in corporations
Frequently, real estate investors try to differentiate between repairs they can deduct immediately and capital expenditures which are deducted over a long period of time. Typically taxpayers
Q: When should a real estate investor consider depreciating a property and what are the advantages and disadvantages? A: Taking depreciation on a property (or
Contact George to start the conversation that will help serious real estate investors and developers, as well as medical professionals serious about financial growth, save taxes, preserve wealth, grow their business, and realize their why.
