81 Financial and Tax Tips for the Canadian Real Estate Investor
Expert Money-Saving Advice on Accounting and Tax Planning
1. Auflage
Erschienen am 9. Januar 2015
240 Seiten
978-0-470-67606-6 (ISBN)
Beschreibung
From Canada's best-selling real esate author, Don R. Campbell, andhis team.
From rental properties to business offices, more and moreCanadians buying real estate are unwittingly setting themselves upfor problems. Real estate investments and their corresponding taxpolicies are complicated--without knowing the tax rules, investorswill see how quickly seemingly viable investments can becomefinancial disasters. 81 Financial and Tax Tips for the CanadianReal Estate Investor offers practical advice on successfullynavigating the tax implications of property ownership, includingtips on a) deductions from income; b) preparing for an audit; andc) leveraging professional help. Filled with insights andCanadian-specific tips, there's no other book like it on themarket.
Weitere Details
Weitere Ausgaben
Person
Don R. Campbell is the author of the Canadian bestseller Real Estate Investing in Canada, a book that all real estate investors should have as an action tool and reference. A staunch advocate of the Authentic Canadian Real Estate System (ACRES), Don is president of the Real Estate Investment Network (REIN). REIN membership exceeds 3,000 successful Canadian investors whose investment in Canadian residential real estate tops $3.1 billion.
At real estate seminars and live workshops held across the country, Don shares his years of hands-on experience as he teaches strategies he has personally tested in the real world. Through REIN (www.reincanada.com), Don has helped investors achieve their dreams. Some of the most notable investor stories were the foundation of another of his books, 51 Success Stories from Canadian Real Estate Investors. Along the way, charities such as Habitat for Humanity have also benefited from Don's enterprise.
Navaz Murji is a Certified General Accountant (CGA). In 1992, he moved his nine-year-old accounting practice to Burnaby, B.C., from Edmonton, where he had already started investing in real estate. Today's practice, Murji & Associates (www.realaccountant.com), maintains a strong emphasis on owner-operated enterprises, with 48% of the client base composed of real estate investors. Navaz also maintains his own real estate investment portfolio that contains several multi-family buildings developed with other investors.
George E. Dube, Chartered Accountant, established what is now known as Dube & Associates Professional Corporation, Chartered Accountants (www.dubeandassociates.com) in 1997 after several years with national accounting firms. A veteran real estate accountant and investor whose practice focuses on providing the knowledge and tools clients need to increase the value of their businesses, George is a frequent guest speaker at Ontario REIN meetings. George and his team represent Canadian clients as well as clients from other countries who invest in Canadian real estate.
At real estate seminars and live workshops held across the country, Don shares his years of hands-on experience as he teaches strategies he has personally tested in the real world. Through REIN (www.reincanada.com), Don has helped investors achieve their dreams. Some of the most notable investor stories were the foundation of another of his books, 51 Success Stories from Canadian Real Estate Investors. Along the way, charities such as Habitat for Humanity have also benefited from Don's enterprise.
Navaz Murji is a Certified General Accountant (CGA). In 1992, he moved his nine-year-old accounting practice to Burnaby, B.C., from Edmonton, where he had already started investing in real estate. Today's practice, Murji & Associates (www.realaccountant.com), maintains a strong emphasis on owner-operated enterprises, with 48% of the client base composed of real estate investors. Navaz also maintains his own real estate investment portfolio that contains several multi-family buildings developed with other investors.
George E. Dube, Chartered Accountant, established what is now known as Dube & Associates Professional Corporation, Chartered Accountants (www.dubeandassociates.com) in 1997 after several years with national accounting firms. A veteran real estate accountant and investor whose practice focuses on providing the knowledge and tools clients need to increase the value of their businesses, George is a frequent guest speaker at Ontario REIN meetings. George and his team represent Canadian clients as well as clients from other countries who invest in Canadian real estate.
Inhalt
Introduction.
Part 1: Get Help! Quality Information Is the Fastest Way toIncrease Your FM IQ!
Part 2: When There Is More Than One Answer . . . Real EstateInvesting Is Complicated. Avoid Common Pitfalls.
Part 3: For the Record:Your New Business Mantra: Organize andDelegate. Organize and Delegate.
Part 4: Expense Reports:Keep It Real (To Keep ItDeductible).
Part 5: The Facts About Tax: How to Put Your Knowledge ofCanadian Taxes to Work.
Part 6: Let's Get Sophisticated:Tax Strategies for the SavvyInvestor.
Appendices.
Property Goldmine Score Card.
REIN Property Analyzer Form.
Canadian Real Estate Glossary.
Real Estate Investment Network - REIN.
Web Sites for the Real Estate Investor.
Acknowledgements.
About the Authors.
Index of Financial and Tax Tips.
