Legal, Tax and Accounting Strategies for the Canadian Real Estate
Investor begins and ends with the premise that buying property in
Canada can be a smart, safe and successful way to invest your money.
However, like most things in life, success requires hard work. You need
to do your homework, understand what you are buying, and know the pros
and cons of various decisions. Most importantly, you also need to know
how to structure and maintain your investment. That's where we come in.
Experience is a good teacher-but its lessons can be nasty and, in the
real estate business, mistakes can cost you big bucks. Our goal with
this book is to help you do it right-the first time. Rest assured that
this book covers a vast range of topics and you're going to appreciate
its breadth and depth if you're wondering about things like whether:
- You should opt for a sole proprietorship versus a partnership or
corporate ownership strategy.
- There are things you can do to manage the way HST impacts your real
estate investment business.
- You need information about the tax implications of a real estate
disposition.
- You can change your bookkeeping system to better meet your needs and
those of your accountant.
Who Are We?
This book was written by two individuals whose collective experience in
helping Canadians make wise property investment decisions spans several
decades. Steve Cohen is a securities lawyer with a great deal of
experience in the real estate sector. George Dube is a chartered
accountant whose knowledge is based on many years of helping clients
with their property buying needs. Both Steve and George are real estate
investors themselves. Working from this foundation, we have put together
the definitive guide on how to build a successful real estate portfolio
in Canada from a legal, tax and accounting perspective.
