Income Splitting your Real Estate Portfolio

These are the new rules implemented by Bill Morneau and Justin Trudeau in the last couple of years. When they first introduced these rules to the public, there was a huge outcry from the small business community.

They had since made some amendments and now these new tax rules are in effect.

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Thanks to Cherry Chan, one of Venture’s associate Accounting experts.

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Should my basement suite be legal or no?

There are options but, as an investor, you must weigh the risks against the rewards. Hamilton has made it so easy to legalize these days that there is no reason not to. However, some don’t. Why?