Tax Talk Podcast
A monthly podcast with a wide range of guests focused on helping Canadian small business owners make decisions surrounding incorporation, growing their business efficiently, and implementing successful succession, estate planning & tax planning strategies.
Tax Talk Podcast
Everything You Need to Know About Your Corporate Real Estate Portfolio
When managing a corporate real estate portfolio, the decision to move your rental properties into a corporation can have a significant financial impact on your rental operation. Understanding both the benefits and drawbacks of this process will enable you to make informed decisions suited to your circumstances and goals. Let’s look at the key insights and considerations of incorporating your real estate portfolio as you navigate this complex topic.
00:00 Intro
00:47 Overview of episode
02:20 Why move a property into a corporation
04:20 How to move the property
05:46 Roll Over Prevision
07:30 Land Transfer Tax
09:18 GST Implications
10:49 How corporate taxes will work
15:15 Classified as an active business
19:48 Wrapping it all up
---------------------------------------------------------------------------------
Disclaimer
By using this website, blog or podcast, users agree as follows:
The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first.
The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with.
Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.