Tax Rules in a Real Estate Agent in Canada, Ontario

[Manson Wong]

Hey, I'm thinking about getting a RE license but I found that on top of the income tax, you also have to pay for the self-employment tax which is unfortunate. I know there are a few ways to avoid some of these taxes like living in your investment so that it's considered your primary residence so when you sell it, it's tax-free and also there's like a Canadian equivalent to a 10-31 exchange but in terms of the different ways of making money in RE is there a benefit for each one? E.g. House flipping, wholesaling, renting it out to people, just letting it appreciate and just in general avoiding taxes?