Archive for the ‘Q&A’ Category

Episode 8: Real Estate Investing and Family Trusts

Posted on: January 18th, 2021 by Real Estate Accountants
Row of apartment buildings. Listen in on the video series that talks all this real estate with Peter Cuttini and George Dube

In episode 8 of our Talking Real Estate with Peter and George video series, George Dube and Peter Cuttini discuss how real estate investors can use family trusts as part of their tax planning strategy. They’ll answer the questions about what a family trust is, why use a family trust as part of your real […]

Q&A: How do we report joint venture activities?

Posted on: March 20th, 2014 by Real Estate Accountants 2 Comments

Q: I have a property that is owned with a JV partner. She put in the 20% down payment and qualified for the mortgage, and I run the investment. We then split everything 50/50 moving forwards. My partner holds her side of the partnership in a corporation, and I have my own corporation holding my interests. […]

JVs and Capital Gains: Getting down to the nitty gritty

Posted on: September 11th, 2013 by Real Estate Accountants 3 Comments

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 the down payment and will solely be on the title and mortgage. In your experience, what is typically done regarding Capital Gains? In the event we sell, my JV partner would […]

Q&A: How do I record the equity value in my real estate in my bookkeeping?

Posted on: June 26th, 2013 by Real Estate Accountants

Q: How do I record the equity value in my real estate in my bookkeeping? I paid $200,000 10 years ago and now the market value is double that amount but there is nothing in my books to indicate this value. I’d like my bookkeeping to reflect the true market value of my properties. A: […]

Q&A: How do I minimize taxes when I pull out RRSP money to purchase real estate?

Posted on: December 12th, 2012 by Real Estate Accountants

Do you guys have any suggestions on how to pull out some RRSP funds and minimize the tax impact?  Looking to pull out some funds to buy real estate in the US… Answer: On the question of RRSP withdrawals, it’s not so much that you’re going to reduce any taxes, but whether or not there […]