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Tax benefits of personal real estate corporations (“PREC”) in BC

Posted on November 25th, 2015 by gurditmann | No Comments

Personal?real estate corporations The Real Estate Services Act in BC allows real estate professionals to incorporate their practice. This allows real estate agents to take advantage of the tax planning opportunities that are available to other self employed professionals (doctors, dentists, etc). PRECs and tax savings Lower income tax rate In BC, unincorporated real estate

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