JV Tax Question - Canada

[Thomas Lorini]

Greetings, I have a tax related question that I'm looking for some advice on. Specifically related to joint venture type deals. Let's assume I am to do a JV with someone who would be purchasing a property in their name, upon renovating/improving the property and selling, the proceeds/profit is divided between us at the agreed split. Now my question: Should I setup the deal so I take the proceeds/profit in my personal name or in my corp name? Note: Deal would take place in Ontario, Canada I understand everyone's situation is unique, I'm looking for more a general idea.