Posts Tagged ‘real estate tax’

Episode 14: International Real Estate Investing

Posted on: April 2nd, 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 14 of our Talking Real Estate with Peter and George video series, George Dube and Peter Cuttini talk about international real estate investing with BDO International Tax Partner, Jill Birks. This 20-min episode focuses on a discussion of the complexities of structuring and tax compliance for Canadian corporations investing in real estate internationally […]

Episode 12: Determining the Right Structure for Your Real Estate Business

Posted on: February 24th, 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 12 of our Talking Real Estate with Peter and George video series, George Dube and Peter Cuttini cover different cases for real estate businesses, and how those cases can affect the structure you set up to be optimized for tax savings and protection. To learn more or to get help with your tax […]

Podcast: 10 benefits of real estate ownership

Posted on: July 13th, 2020 by Real Estate Accountants

What are the 10 benefits to real estate investors of real estate ownership? Listen in as George Dube, CPA, CA, author, tax accountant, real estate investor, and speaker guests on “The Working Capital Real Estate Podcast”. Host Jesse Fragale speaks with George on a variety of real estate investing topics, including: How real estate can […]

COVID-19: Cash Flow and Incentives for the Real Estate and Construction Industry

Posted on: April 27th, 2020 by Real Estate Accountants

Updated May 22, 2020 – The cash flow management and government incentives available for the real estate and construction industry for the COVID-19 crisis can provide relief. Right now, business owners are concerned about safety, cash flow and economic survival. The rules governing these programs, though, are changing regularly. Below, we have provided a summary […]

Personal Real Estate Corporations One Step Closer in Ontario

Posted on: March 3rd, 2020 by Real Estate Accountants 2 Comments

February 27th was a historic day for realtors in Ontario with the passing of Bill 145, Trust in Real Estate Services Act, 2020. Among many other aspects of the bill, it now allows realtors to incorporate and earn commissions and professional income through personal real estate corporations (PREC). “It’s a game changer,” says Peter Cuttini, […]

Choosing a real estate accountant

Posted on: August 9th, 2019 by Real Estate Accountants 6 Comments

When it comes to real estate accounting services, you want the right professionals working with your business to deliver real estate tax knowledge that supports your best interests. While assessing the best fit for a new real estate accountant, it’s important to choose an industry specialist over a generalist. Why? Because those who live and […]

U.S. tax reform & real estate: Tips for Canadian investors

Posted on: February 28th, 2019 by Real Estate Accountants 2 Comments

Given the U.S. tax reform in 2018, we’ve been providing extensive advice on U.S. purchases being made by Canadian real estate investors. Indeed, they are by far the largest investors into U.S. real estate, contributing roughly USD$20 billion per year. So they must ensure they’re properly navigating the U.S. Tax Reform changes to protect these […]

Secondary suite income: Principal residence exemption and CMHC rules one year later

Posted on: August 31st, 2016 by Real Estate Accountants

Now that about a year has passed with CMHC allowing income from secondary suites to be counted for mortgage qualification purposes, as real estate accountants we’re still covering questions regarding this. The most common ones being: Does having a portion of your home rented through a secondary suite void the use of the principal residence […]

Minimizing the tax implications for a seller to get a property deal working

Posted on: August 3rd, 2015 by Real Estate Accountants

How can we minimize the tax implications to a seller of a property in order to make the deal work for them? To start, you can offer to pay the vendor less to save them taxes! Presumably the vendor will not be keen on this idea, so you’ll need a little creativity. Sometimes, creativity will […]

Understanding GST/HST Housing Rebates

Posted on: July 1st, 2015 by Real Estate Accountants 2 Comments

GST/HST tax is an area where real property owners and sellers have many questions. “With increased property values, HST is becoming a bigger issue on the sale of real property, including farmland.  See the referenced article for some of the issues to consider when buying or selling real property,” says Scott Merry, CPA, and Senior Manager […]