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NEVER OPEN A PREC. THEY ARE NOT THE LAW.
4 months ago
78
personal real estate corporations are very bad idea because they have fewer rights and privileges than the regular Corporation does which means it's very easy for the Canada Revenue Agency to screw you over. never have a p r e c always go through a numbered Corporation and do all your invoicing out of that corporation. it does not matter what RECO or any other governing body have to say about the issue. if you want to make money just go right ahead and make money. if you want to sell me your personal real estate Corporation and get away from all of your debt contact me right now Www.kevinjjohnston.biz
#cra #corporatetax #PREC #canadarevenueagency #incometax
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