LLC equivalent in Canada?

[Shahriar K.]

Hey everone

As mentioned I do have a rental property that I actually live in the basement myself(saving as much as I can). reading the forums everyone is mentioning having and LLC for the rental property and it makes sense to me. But I was wondering what the canadian guys are using to protect themselves.

also is there any proper steps you can take to save more of your money when you are going to sell your investment property(%50 of the profit is taxable).

thank you