- Dec 2021
Corporations generally pay tax at about 50% on net rental income, and at about 25% on a rental property capital gain (rates differ by province). This is similar to what a top-rate taxpayer might pay if they owned the same property personally. Therefore, many people would pay less tax to own a rental property personally instead of corporately, and could also avoid the cost and complexity of the corporate structure.
If that's true then it makes no sense to run a rental business through your corporation.
- Mar 2021
U.S. Census Bureau. (2021, February 4). Small Business Pulse Survey Shows Shift in Expectations from Spring to Winter. The United States Census Bureau. https://www.census.gov/library/stories/2021/01/small-business-pulse-survey-shows-shift-in-expectations-from-spring-to-winter.html?utm_campaign=20210126msacos1ccstors&utm_medium=email&utm_source=govdelivery
- social distancing
- united states
- administrative support
- public health
- real estate
- food services
- customer demand
- Aug 2020
5 Best Real Estate Business Ideas to Follow in 2020You are here:HomeIndustry Insights5 Best Real Estate Business…
Real estate is one of the most promising business sectors one can think of. In today’s vicious competitive world, there is no shortage of potential real estate business ideas. Real estate comes with lots of business opportunities especially after the advancement in technology.
- Dec 2019
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