Reversing Dividends - High Rate of Return
I have 3 new clients who purchased properties last year in their name and took their downpayment from their corporation to do so.
Luckily they paid themselves a dividend. They now have 2 years to reverse the dividend and return the funds to their corporation. If they paid themselves a salary there is no recourse.
Putting back $200,000 into the corp will return the client $85,00 in personal taxes. Not a bad rate of return.
This is all part of the corporate/mortgage/real estate structuring service.
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