A real estate transaction requires tax planning. For many, buying or selling real estate is the biggest single transaction they will ever do. It is therefore important to seek accounting and taxation advice BEFORE a transaction, rather than AFTER.
Different taxes apply at each stage of the real estate life cycle.
Being tax efficient means determining the best tax treatment that applies to any individual, given their situation in order to minimize the tax bill.
Practice Link Professional Corporation is a boutique financial services firm with deep knowledge of the real estate industry.
In every case we take the clients’ individual circumstances into account to determine the tax treatment applicable to them and identify the best options available to them to be tax efficient.