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7 contributions to Realist Inner Circle
Excited to join!
Hey All! I am glad to be here and excited to learn, grow and work with all of you. I'm currently residing in Toronto and I have been investing in real estate for most of my adult life and I am currently working as a broker helping others do the same!
1 like • Jul '25
@Shayan Safaei Welcome! When you say "broker" are you brokering real estate investment deals? Real estate in general?
0 likes • Jun '25
Hi @Matt Crawford Feel free to ask some general questions here or we can hop on a call. We can provide some ideas for you to think about and, depending on where you are, we can possibly recommend some folks to assist along the way.
Tax Planning Session - Recording
Recording is available for the tax planning session with @Jon Orr and @Kyle Pearce https://www.skool.com/realist/classroom/942aef95?md=b2c50949de38483d97b55fca130fae81
1 like • Jun '25
Hi @Daniel Foch and @Nick Hill - we had a blast hanging out with a great group of real estate investors and business owners last week and look forward to assisting along the way! @All feel free to dig into more ideas over on the pod by searching up "Canadian Wealth Secrets" on your fav platform!
Thoughts on a 2-Unit Sudbury Property
Hey everyone, I was looking into a deal in Sudbury — a 2-unit house with potential to add a basement unit. I visited the property, and while the units look okay, but the place appears old like really old. A few concerns though- - The current owner bought it recently to renovate but has now decided to sell - The basement has leakage issues and needs about $12K in repairs (the owner might cover this depending on the sale price) - The garage is also in bad shape What are your thoughts on this? Do you think it could be turned into a solid rental with some investment, or is it too risky to take on? Has anyone here taken on a similar property and made it work? https://www.realtor.ca/real-estate/28342925/777-779-ontario-street-sudbury
1 like • May '25
Hey @Sharat Chandra any chance you can share your numbers with current rents and expenses along with any proforma numbers? Any property in any condition can be a great move or a horrible move depending on the numbers...
Tax Planning for Personal-to-Corp & Corp-to-Corp Purchases
Hi everyone! I just joined this group recently and I am looking forward to learning more about real estate. More specifically, I was hoping someone could shed some light on the general recommendations and rules regarding personal-to-corp and corp-to-corp real estate purchase and sale. A Brief Backstory: In November 2024, I purchased two new builds: a 3-story townhome optioned to be 4 bed 3 bath (approx 1800 sq ft), and a single detached optioned to be 5 bed 5 bath (approx 3700 sq ft without basement). I had a connection and was able to get an extremely appealing deposit structure on both properties, and as a result I jumped on them quickly. The town is expected to close in February 2026, the single in June 2026. They are both located in Kanata North, which is one of the fastest growing areas of Ottawa. Kanata also boasts some of the highest rent prices in Ontario, making it a great place to own a rental property. My plan is to rent the town and flip the single. I will then roll the profits from the sale of the single into 2+ more rental towns. My Financial Situation: I own and operate a small business, and like many of you, I pay myself as little as possible past what is needed for living expenses; this is all to say that I have a good amount of liquid capital sitting in my business corp. Both of these properties I signed for personally, and have been paying the deposits with after-tax dollars from my personal account(s). I would like to set up a real estate hold co, mainly for the tax benefits and risk mitigation. What is the best way to go about structuring this? The end goal is to have both properties owned by my real estate hold co, while transferring the majority of the down payment funds from my business corp. Any and all advice is greatly appreciated. Thank you!
4 likes • May '25
Thanks for tagging us in, @Daniel Foch ! Hi @Ben Librach - congrats on the purchases and your plans to close one and flip the other in 2026! A general rule of thumb we use as a starting point is "wherever the money is earned is where it should be invested." Meaning if you were a T4 employee for a company you don't own, ideally you'd invest those dollars personally. On the other hand, if you earn the money through your incorporated business, it would be best to invest those dollars by purchasing assets in the company to avoid taking out dollars, paying more tax at a personal level and then investing them personally. In Ontario, the small business tax rate for active income inside a corporation is 12.2% and therefore any income you take personally above around $40,000 personally will be taxed at above 12.2% so it'd make more sense to keep those earned dollars "whole" to invest in the corporation. Since you haven't closed on those properties yet, you could probably assign the contracts to your company (or a holding company that you open) and the funds you have personally paid thus far for down payments, deposits, etc. would be considered a shareholder loan from you to the company and would be paid back to you down the road (tax free). If you want to continue down this rabbit hole, be sure to check out more on this and many other "Canadian Wealth Secrets" on our podcast --> https://canadianwealthsecrets.com/apple https://canadianwealthsecrets.com/spotify https://canadianwealthsecrets.com/youtube *Note that we are speaking from a tax perspective only, not a legal/liability perspective.
1 like • May '25
@Ben Librach Make sure to discuss with your accountant to ensure everything is bookkept appropriately. However, you'll be assigning the agreement to your corp (i.e.: "selling it") for the cost of your deposit/down payment/etc.
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Kyle Pearce
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10points to level up
@kyle-pearce-5533
📈 Serial Entrepreneur and 🏠 Real Estate Investor | Broke free from the golden handcuffs ⛓️ to help Canadian business owners reach time freedom goals

Active 2h ago
Joined May 21, 2025
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