Should you set up a personal real estate corporation (PREC)?
Ontario recently joined several other provinces by allowing the establishment of personal real estate corporations. What are they, and...
Income Properties
Separation and divorce: How do we split up our investments?
When a relationship breaks down, there are tax implications arising from the division of investment assets.
Real estate during COVID-19: to invest or not to invest?
Do the historically low mortgage rates we're seeing right now outweigh the risk of buying property during a pandemic?...
Little-known tax deductions landlords should consider
From travel costs to collect rent, to picking up the tab for a service provider’s lunch, to the cost...
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Advice for cash-strapped renters and landlords during COVID-19
The first step is calculating how much money you need to cover necessary expenses, and compare that with how...
What to do with a rental property when you owe more than it’s worth
Oil prices have tanked and Renee wants to sell her rental property in Fort McMurray, but she owes more...
How does income from a rental property create RRSP contribution room?
And, perhaps more importantly, should Jerry, who’s retired, claim RRSP deductions or the capital cost allowance, to reduce his...
Claiming income on a co-owned rental property
Marie, who owns two rental properties with her spouse, noticed that their tax preparer didn't allocate the income 50/50....
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What you need to know about REITs
Learn what a real estate investment trust is, how to invest in one, the pros and cons, what kind...