Good Morning all,
     I am just starting out in Real estate investing, and am wondering whether or not to set up an LLC. Curious what your thoughts/experiences are in this matter. I lean towards the formation of a b...

I am a passive real estate investor (no full time job) and own a few rental properties tru my LLCs. I just noticed that I pay Self Employment Tax on the total amount of net income? My return is prepared by my CPA. Is ...

Advice please. I am planning to start my business wholesaling.. I have worked for a wholesaler so I am not 100% novice.. I do not want wholesaling to be primary for me, My passion is fix and flip.. I love the risk, i ...

I have a couple questions, but I guess this is as much a venting post tooQuestions:1) The W9 form has check boxes for C Corp and S Corp. Since we don't need to fill 1099-Misc for corporations do we not file it if one ...

hi - wondering if there is an Equivalent to the 1031 exchange in Canada - or more spec in ONT?Can i defer my Cap Gains to some other item, purchase or method?  Please say YES!!

Hello all. I'm a new investor and currently have 2 rentals (1 vacant and only recently renovated). For the rented property,  during the pandemic,  I muddied the waters and used my personal funds to pay for renovation,...

Hello All,A question for my fellow canadians. In Ontario income from property that is owned in a corporation is classed as passive income which is taxed at almost 50%!!!!!!!!!!!While small businesses are classed as ac...

So as I see it, white letters are intended to give a more "corporate" and professional impression which attracts certain potential sellers whereas yellow letters give a more personal touch that may hit other types of ...

Is an LLC the correct entity structure for a new partnership with as many as 7 members? 

Three questions:#1: I have a small time property manager. Is he required to issue me a 1099 form for rental income for 2023 taxes? If yes, what kind of 1099 Form. My larger PM companies issue me 1099 forms with gross ...