Book description
Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor
begins and ends with the premise that buying property in Canada can be
a smart, safe and successful way to invest your money. However, like
most things in life, success requires hard work. You need to do your
homework, understand what you are buying, and know the pros and cons of
various decisions. Most importantly, you also need to know how to
structure and maintain your investment. That's where we come in.
Experience is a good teacher-but its lessons can be nasty and, in the
real estate business, mistakes can cost you big bucks. Our goal with
this book is to help you do it right-the first time. Rest assured that
this book covers a vast range of topics and you're going to appreciate
its breadth and depth if you're wondering about things like whether:
- You should opt for a sole proprietorship versus a partnership or
corporate ownership strategy.
- There are things you can do to manage the way HST impacts your
real estate investment business.
- You need information about the tax implications of a real estate disposition.
- You can change your bookkeeping system to better meet your needs
and those of your accountant.
Who Are We?
This book was written by two individuals whose collective experience
in helping Canadians make wise property investment decisions spans
several decades. Steve Cohen is a securities lawyer with a great deal
of experience in the real estate sector. George Dube is a chartered
accountant whose knowledge is based on many years of helping clients
with their property buying needs. Both Steve and George are real
estate investors themselves. Working from this foundation, we have put
together the definitive guide on how to build a successful real estate
portfolio in Canada from a legal, tax and accounting perspective.
STEVE COHEN, LL. B. LL. M., established Steve
Cohen Law in 2008 after more than 10 years at a leading Canadian law
firm. A boutique corporate/ securities practice located in downtown
Toronto, Steve Cohen Law acts for promoters of, and investors in, a
wide range of real estate and real estate related investment vehicles,
ranging from joint ventures to limited partnership syndications to
real estate investment trusts (REITs), and has also represented
numerous entrepreneurs in their start-up ventures, primarily related
to real estate.
Steve is also real estate investor and, in 2008,
he established SmartCap Ventures Inc., an investment company with a
focus on joint venture real estate initiatives. He recently launched
the Real Estate Investment Law Blog at www. reilaw. ca.
GEORGE E. DUBE, MACC., CA, jointly established the predecessor
to Dube & Associates Professional Corporation, Chartered
Accountants, in 1997 after several years with national accounting
firms. He is a graduate of the University of Waterloo's Master of
Accounting Program, and has also completed the Canadian Institute of
Chartered Accountants' two-year In-Depth Taxation Course. He is a
member of the Institute of Chartered Accountants of Ontario Small
Practice Advisory Committee, a CRA regional practitioner committee
member, and a member of the Canadian Tax Foundation since 1993.
A
veteran real estate accountant and investor whose practice focuses on
providing the knowledge and tools clients need to increase and
preserve the value of their businesses, George is a frequent guest
speaker at an assortment of meetings, events and workshops through the
year. He has written articles or contributed to the same, in various
national and regional publications. His website is www. georgedube.
com.
