Buying Real Estate In A Corporation Vs. Your Personal Name
The Canadian Real Estate Investor
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What's the Difference Between a Corporation and an Advisor?
It's important when you're setting up a corporation to set up that back office, which is the bookkeeping side of things. And even beyond that, which I'll touch on in the tax section is really starting to think about advisors. The last thing you want to do is wait until the end of the year and give your bookkeeper just a box of receipts because you've missed all opportunities there from a tax planning perspective. You want to get this in place early enough in the process and work with an advisor in order to understand what tax opportunities are there before your end so you can actually act on them.
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