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All Forum Posts by: Account Closed

Account Closed has started 0 posts and replied 1192 times.

Post: Looking for a CPA in Calgary

Account ClosedPosted
  • Posts 1,203
  • Votes 1,263

@Kevin Suarez Sabugo

Not positive If these links will populate or be blocked..

When to Incorporate

http://myreinspace.com/index.php?threads/When-to-Incorporate.37254/

Incorporate or Not

http://myreinspace.com/index.php?threads/Incorporate-or-Not.36644/

http://www.blog.reincanada.com/the-benefits-of-incorporating/

Post: Looking for a CPA in Calgary

Account ClosedPosted
  • Posts 1,203
  • Votes 1,263

@Kevin Suarez Sabugo

It is entirely likely that you do not require this at this time. Canada is different than USA wrt limiting liability. You’re still going to need a personal guarantee for the mortgage and will end up paying significantly more to file taxes for the corporation. You’ll also be limiting the selection of lenders you have access to. Though it is certainly not all bad news by any means. If you’d like more info I can refer you to some great Canadian discussions on the topic. As for a cpa, contact BDO, tell them a 12 yr REIN member referred you.