
Deducting repair costs: How the court sees it
If the Canadian Income Tax Act was clear, judges would preside over very few disputes between the Canada Revenue Agency and taxpayers, and taxpayers wouldn’t need

If the Canadian Income Tax Act was clear, judges would preside over very few disputes between the Canada Revenue Agency and taxpayers, and taxpayers wouldn’t need

As a real estate accountant, the most common questions that real estate investors ask me are “Should I incorporate?” and “What can I deduct?” But

To depreciate or not to depreciate, that is the question? Right? Taking depreciation on a property is as debate I have seen many real estate

Doing a logbook for all your motor vehicle expenses is hard work. You have to consistently record the trips you make related to your real

Real estate accountant: What is the definition of one? And why should you care? Being a real estate accountant myself, I thought I would look

Frequently, real estate investors try to differentiate between repairs they can deduct immediately and capital expenditures which are deducted over a long period of time. Typically you

Why should real estate investors care about the refundable dividend tax on hand (RDTOH)? Because Canadian real investors who hold real estate investments in corporations

Once you have your family trust set up, how do you stay on the right side of Canada Revenue Agency? There are several tax filings

In Part 1 of this series on family trusts, I discussed what a family trust is and their potential benefits for real estate investors. Now,

Family trusts are a cost-effective tool to meet multiple tax, legal and business objectives for real estate investors, and are therefore becoming a more prevalent
I am often asked, “Is my REIN membership deductible?” While the Canada Revenue Agency debates this, I’ll argue until I’m blue in the face that for