Using a corporation to buy real estate: pros and cons

Using a corporation to buy real estate: pros and cons

Using a corporation to buy real estate is one of the ways to partner with other investors to invest. A lot of articles have discussed pros and cons. Pros are: The corporation can provides liability protection in case the corporation is being sued by tenants; The...
What professionals said about Federal Tax Proposal

What professionals said about Federal Tax Proposal

Federal tax proposal has recently gone viral from professionals to small business owners. I have been involved some discussion in the LinkedIn group and found a lot of healthy comments from professionals in various industries. What surprised me are that some obvious...
The CRA audit: is this just an HST/GST audit?

The CRA audit: is this just an HST/GST audit?

As the real estate market cools down quite a lot, flipping houses seems becoming so distant to us. This may be true but the pace that the Canada Revenue Agency conducts its audits on individual cases is not slowing down.Recently heard about one case that one taxpayer...
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