Series · 5 articles

Canadian rental ownership and planning

Articles in reading order

1. 

   Part 1

   Own rentals personally or through a corporation? Start with your goals

   Compare personal rental ownership, a property corporation and HoldCo/OpCo arrangements through financing, tax, administration and transfer costs in Canada.

2. 

   Part 2

   Corporate rental income: tax, refunds, and the cost of administration

   Follow Ontario corporate rental profit through tax, dividend refunds, owner tax and extra annual costs, with a clearly labelled hypothetical cash comparison.

3. 

   Part 3

   Rental ownership with a spouse: sharing shares does not settle the tax question

   Understand why joint title or equal rental-company shares do not settle spouse tax: contributions, attribution, TOSI and real work all need review.

4. 

   Part 4

   Leaving rental assets to children: property, shares, and succession choices

   Compare gifting rentals, inheritance and company shares, then plan for capital gains, possible recapture, control and estate cash needs in Canada.

5. 

   Part 5

   Leaving Canada with rentals or company shares: ownership structure matters

   Prepare for leaving Canada with rentals or company shares: departure gains, company residence, non-resident rent withholding and cross-border questions.