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Updated almost 6 years ago on . Most recent reply

Steven Gingerich's profile image
Steven Gingerich's profile image
Steven Gingerich
  • Contractor
  • Member since Aug 27, 2018
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Steven Gingerich's profile image
Steven Gingerich's profile image
Steven Gingerich
  • Contractor
  • Member since Aug 27, 2018
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Steven Gingerich
  • Contractor
2
Votes |
10
Posts
Goals, Business Plans & Entities

Best legal entity to use for an investing company in Canada.

Steven Gingerich
  • Contractor
Posted
Best for personal protection, and tax purposes when first starting out?
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Luc Boiron's profile image
Luc Boiron's profile image
Luc Boiron
  • Specialist
  • from Toronto, Ontario
  • Member since Feb 2, 2016
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Luc Boiron's profile image
Luc Boiron's profile image
Luc Boiron
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  • from Toronto, Ontario
  • Member since Feb 2, 2016
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Luc Boiron
  • Specialist
  • Toronto, Ontario
425
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564
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Luc Boiron
  • Specialist
  • Toronto, Ontario
Replied

@Steven Gingerich I think when starting out buying under your own name is the best bet. Otherwise just a normal corporation. Having a corporation costs thousands per year to file taxes, not worth it for a couple properties.

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