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Real Estate Investing Tax Tips You Need To Know

The Canadian Real Estate Investor

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Real Estate Investing With Passive Income

The corporation cannot be controlled directly or indirectly by a public corp. No class of their shares can be listed on a designated stock exchange, so TSX and YSE,. So if you don't meet all of the above, you would actually be considered an OPC. The type of income that that corporation earns is also important. It's important that we consider the nature of the income earned. CRA views income in a corp as either active business income, so ABI or passive income.

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