Personal Real Estate Corporations
As of 2020, real estate salespeople and brokers in Ontario have been able to incorporate as Personal Real Estate Corporations, or PRECs. This offers many financial benefits for realtors, while also making their accounting needs much more complicated. The TG&C team is here to ensure real estate professionals can realize the benefits of having a corporation without worrying about the added complexity.
TG&C’s deep and unique industry knowledge makes us well suited to serve PRECs. Our comprehensive range of accounting services includes:
- Full-service compliance packages
- Strategic tax planning
- Assistance with PREC incorporation
- Holding company structuring
- Annual customized remuneration planning
- Cash management
You’re in the business of making people’s dreams come true, by finding them their dream homes. TG&C will help you do the same, ensuring your PREC can succeed. Contact us today!
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