Real Estate Investing Tax Tips You Need To Know
The Canadian Real Estate Investor
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The GPLP Structure Is More Common for Long-Term Holds
GPLP structure is often used in the development space, whereas a corpse structure is probably more common for long-term holds. Section 85 allows an individual to transfer personal assets into a corporation or between corporations on a tax-deferred basis. It must be considered what's called eligible property under the Income Tax Act.
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