Posts Tagged ‘capital gains’

10 key lessons for real estate investors on capital vs income when arguing with the CRA: From intention to integrity

Posted on: March 26th, 2016 by Real Estate Accountants No Comments
CRA court case - a real estate accountant provides perspective

Selling a property is an opportunity for you as a real estate investor, but can also be an opportunity for the Canada Revenue Agency (CRA). A recent court case revolving around capital vs. income provides an interesting case study for real estate investors with 10 key lessons, including those on intention, integrity, and reliable records […]

Accounting when flipping real estate investments

Posted on: September 8th, 2015 by Real Estate Accountants No Comments
Tools to renovate

The tax rules surrounding flipping properties, unlike rent-to-owns, as described in a previous article, are slightly more straightforward. But, using the proper structure is still critical. Think of this as a short primer on those rules, and how they may affect your taxes as you plan your real estate investment business with your real estate accountant and […]

Capital Gains during the year? Consider selling losing stocks to offset the gains

Posted on: December 14th, 2014 by Real Estate Accountants No Comments
Offsetting capital gains, superficial losses

Have you experienced a large capital gain in 2014? Sold some property, or some good, non-registered investments? If you can sell some poor-performing stocks before the end of 2014, it is possible to offset the gains with the losses. And, even better, the losses can then be carried back for three years against capital gains, […]

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 […]