Posts Tagged ‘joint ventures’
Episode 28: Joint Venture Agreements & Common Mistakes
Joint venture agreements, and the common mistakes real estate investors can encounter in them, is the focus of Episode 28 of our Talking Real Estate with Peter and George video series. George Dube and Peter Cuttini talk about what areas of joint venture agreements can be minefields for real estate investors, such as outdated structures […]
Joint ventures: 5 tips for real estate investors to stay onside with the tax man
When dealing with joint ventures, as a real estate investor you understand that talking about what really matters, and then having a clear written record, is a key part of the process. Your real estate accountant will also tell you that the words you use to describe your joint venture, and the joint venture agreements […]
Non-residents and non-resident joint ventures: Filings and deadlines for owning and selling Canadian real estate
Given the time of year, June 30th being a major tax filing deadline for non-residents, we wanted to highlight an article from the archives that covers the ins and outs of owning and selling Canadian real estate as a non-resident, or as a real estate investor who has non-resident joint ventures. Many of our clients are […]
Rev N You with Real Estate: Joint Venture Real Estate Deals with International Investors
George Dube was recently asked by Julie Broad of Rev N You with Real Estate to answer the question of: What advice you have for doing a JV on a property in Canada with people who do not live in Canada (aka working with international investors)? The answers may surprise you: Joint Venture Real Estate Deals […]
From the Archives: Tax Time & Joint Ventures: Landmines to Avoid
During tax season, we wanted to publish some blogs from other sites, and from our archives that our clients may find useful. We’re heads down on taxes, but wanted to keep the information flowing for you! George Dube was featured on The Real Estate Insider blog for REIN at tax time last year and we […]
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 […]
The importance of proper reporting: Raising Capital Interview
Properly reporting to both your investors, and the CRA, is a key aspect of any real estate investment business. Making sure that you are properly handling the accounting and tax issues that arise when dealing in joint ventures is critical to your success. Recently, Russell Westcott, of the Real Estate Investment Network (REIN), sat down with […]
New partnership reporting rules
Legislation and policy are two different things with Canada Revenue Agency. Legislation is the rules, and policies are how they are enforced. One of these enforcement changes has particular interest for real estate investors in partnerships, and may catch many real estate investors and other partnerships off-guard. For partnerships, the CRA has changed an administrative […]
Insiders’ Guide to Real Estate Accounting
Our clients expect us to provide the “insiders’” perspective on real estate accounting issues. We had the good fortune of presenting some of this insider knowledge to a group of investors in Ottawa at the monthly OREIO (Ottawa Real Estate Investors Organization) meeting. The presentation covers: Choosing a real estate accountant When, if ever should I incorporate? New […]
