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Feb 18, 2020 8:35 pm
About to buy 2 rental properties both with suites...should I by thru an incorporation or in my name?
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Feb 26, 2020 1:50 pm
The benefit of incorporating a company to hold rental properties is that a corporation will provide you with liability protection. The disadvantage is that Canadian corporations pay a high rate of corporate income tax (i.e. 50%) on net rental profits. So it's a trade-off between liability protection and higher taxation.