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corporation

  1. Taxation
    Hello, I am registered as a coporation in Canada and recently got a contractor role in a destination 3 hours away from where I live. The contract runs for 18 months. Due to its distance and probably impact on my family life, I have decided to retain my current residence and keep a small flat in...
  2. Investing
    This is my first post, so please be easy on me :smile: I'm 40 yrs old novice investor, looking to build a simple portfolio of 2-3 etfs, my financials are as follows: - I have $300K in personal savings - I have $150K deferred income in my corporation (50/50 USD and CAD) - I own $130K of my...
  3. Taxation
    Hello all, I've got an odd scenario, and would greatly welcome feedback, or direction to whom I may speak with for help (paid professional or otherwise). I'll keep this as brief as I can: 1. From 2012 - 2016 I worked as a self-employed contractor in professional services, and didn't properly...
  4. Investing
    Great forum - I've been watching from the sidelines but this is my first actual post :) I think this has been discussed is some form or other in the last few years but I still don't have a clear answer: About me - I'm a professional with: A CCPC: currently about 70k in it - growing at about...
  5. Investing
    I have a small business that's incorporated, with me as the only shareholder. I'm currently preparing to give a $20,000 loan to a person I know. Can my corporation legally give her the loan, or do I have to do it personally instead? I'm charging interest on the loan and will obviously claim...
  6. Real Estate
    Hello, Is a property owned by a corporation allowed to transfer a property title to a shareholder of that corporation. My family and I are all shareholders within the corporation (25% each). There is a property which we would like to move out of the corporation and we were wondering if we...
  7. Taxation
    As a small business owner, who struggled to make ends meet last year (business lost money; thanks to self!), I was ecstatic that I could recoup some of the money I invested into my corporation on my personal salary from the company. I thought I would pass on the information as I had never heard...
  8. Real Estate
    My apologies for the delay in posting this. First off, if you're going to do this, get professional advice from both a real estate lawyer and a good chartered accountant. I will also caveat this by saying I'm NOT an expert, and would welcome editorial/clarification help from others. This is...
  9. Real Estate
    Hello: I'm curious if any guru's can help me out here. The wife and I currently own a condo as a rental property. We also currently rent out a suite in our own home. We currently do this as our own assets, but we've been thinking more and more that the next investment condo should perhaps be...
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