www.dtax.ca » 2009

Rental Properties

Ideally one should utilize leverage whenever possible. A great way to create a retirement savings plan by using other people’s money is to save for a down payment and purchase a rental property. The goal is to ensure you rent to suitable and responsible tenants and let them pay off the mortgage. Over time the principle will be paid off with their […]

Comments Off on Rental Properties
December 25th, 2009

Corporations

It is a fundamental taxation principle that a corporation is a distinct entity. Each shareholder is also a distinct entity. This structure of independant relationships allows for economic advantages that can be made available for each shareholder.

Comments Off on Corporations
December 18th, 2009

Legal Entities

One way to live a better and more prosperous life is to know how to utilize legal entities to your maximum advantage when the opportunities are available or as a predetermined plan of action.

Comments Off on Legal Entities
December 4th, 2009

Joint Ventures
A joint venture is where individuals, corporations, partners, or a mixture of, agree to join together with the purpose of achieving a common business or investment activity. Usually the union is to complete a specific project to earn income but could also be set up to complete a research or a product development goal. Ideally a joint venture is a properly […]
The Principle Residence – Mortgage Financing
Your investment in a principle residence can provide a number of income tax advantages that can help you to reduce overall taxes and help to increase your net worth. Various leveraging methods to help you achieve mortgage financing are available. Mortgage 101 Your basic financial planning should be to arrange the ability to pay off your mortgage quickly. Request options that allow you the ability to pay down your mortgage […]
Income Splitting – Investments
In Canada; the spouse who provides money for an investment is taxable on the earnings. If one spouse is in a lower tax bracket, or you expect one spouse will be mostly staying home with the responsibility of managing the household, or one spouse is expected to earn more because of their expected career advancements or business ventures; then you must make plans […]

Rental Properties

Corporations

Legal Entities

RECOMMENDED

Search Posts

Blog Topics

Latest Articles

Links