As a Realtor in Calgary, you’re always juggling a million things, showings, closings, client calls, accounting, and marketing campaigns. But let’s face it, handling your accounting and taxes often feels like an afterthought. It’s not just tedious; it’s downright overwhelming if you don’t know what to watch out for. So,
Monthly Archives: November 2024
5 posts
If you’re a Canadian real estate agent, you’ve probably heard that incorporating can offer tax savings and other financial benefits. But is it the right choice for you? Incorporation can be a strategic move, especially for agents with high annual incomes, but there are nuances to consider before diving in.
As a realtor in Canada, managing finances goes beyond just tracking income and expenses; it requires a strategic approach to maximize deductions, plan for taxes, and ensure steady cash flow. With the right accounting practices, realtors can stay financially organized and even boost their bottom line. This guide covers key
For Canadian realtors, understanding the available tax breaks can be a game-changer. Not only can these deductions help you save on taxes, but they can also help you reinvest in your business, from marketing to professional development. Let’s dive into a comprehensive list of tax breaks and deductions specifically for
Data breaches and account hacks are on the rise in Canada, and realtors, who rely heavily on digital platforms and handle significant financial information, can be particularly vulnerable. When news breaks about taxpayer accounts being compromised, it serves as a reminder for real estate agents and brokers to review their