Archive for the ‘Q&A’ Category
Episode 8: Real Estate Investing and Family Trusts
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?
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
Note: A version of this article was originally published on georgeEdube.com. 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 […]
Q&A: How do I record the equity value in my real estate in my bookkeeping?
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?
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 […]
