Why buy real estate if I’m already in a high tax bracket?
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
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
Q: For my real estate investments, Revenue Canada (CRA) is not allowing me to claim capital gains because they say it’s a business income. Is
When buying real estate today, think about what your situation will be in 10, 20 and more years? Will you have adequate resources available after
Contact me 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.