Save a Fortune in Personal Taxes if you are Incorporated
Don't buy residential properties. Buy commercial properties.
Residential properties require you to pay out personal income from your corporation in order to qualify. Commercial properties do not.
One of my mentees recently had a Zoom meeting with a client who was used to paying $50,000/year in personal tax in order to qualify for residential mortgages.
After speaking with him, this year it will be under $1000. AND his client gets the financing that they wanted.
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