How to Purchase Primary Residence in a Corporation

How to Purchase Primary Residence in a Corporation

Are you a small business owner wondering, “How can I leverage the retained earnings accumulated in my corporation to purchase my dream home?”.

I received this question from one of my clients a couple of weeks ago. If you’ve also wondered about this, you’ll find this video very useful because I share three options available to achieve this.

In today’s video, I also discuss the tax implications of each option citing some examples, the upsides and downsides, as well as my honest recommendations.

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If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.

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DISCLAIMER:

Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your own legal and tax advisors to ensure you get the best advice personalized for you.
The information contained in this video is for general information purposes only.
The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan.
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