Award-Winning Real Estate Tax Accountant Mississauga
Catch all worthy opportunities to invest in real estate in Mississauga. We maintain turbulent cap rates with 100% CRA-compliant filings to reduce tax liabilities.
Enjoy Safe Investments. Our Mississauga’s Real Estate Accountants Manage All Details.
2x Real Estate Profits.
Canadian property ownership is profitable, especially with tax sheltering. Claim up to 20% tax savings with our Mississauga real estate tax accountant.
No Paperwork Hassles.
Reclaim an average of 30 hours monthly for new investments. Let our CPA manage rental income, expenses, and tax filings.
0% CRA Audits.
Filing real estate taxes on your own can double the risk of CRA audits. We protect your investments with fully CRA-compliant reports.
Relax, We've Got You.
1/4 of real estate investors make tax filing mistakes. Our Mississauga real estate accountant reduces stress so you can grow your portfolio.
Our Services: Expert Real Estate Tax Accountant in Mississauga.
Professional real estate tax planning in Mississauga can save you from withholding tax burdens. From T2 corporate tax filings to CRA payroll, SAL accountants help you make the most profitable investments.
Corporate Tax Planning
- Segregation of passive and active income streams
- Reduction of passive income taxation (taxed at 50%)
- Asset protection by forming a holding company
Property organization to optimize taxes - Lower taxable income by qualifying for small business deductions
Rental Income Taxation
- Access to GST/HST New Residential Rental Property Rebate
- Filing T2 corporate tax returns
- Qualification for New Housing HST Rebate
Capital Gains Tax Control
- Schedule 3 management for minimum tax liabilities
- NRST rebate qualification for foreign nationals
- Cut 25% non-resident withholding tax
Depreciation Calculations
- Accurate depreciation tracks for tax saving
- Expert bookkeeping for property-related expenses
- Tracking property maintenance and improvements
Tax Compliance
- Compliance with HST regulations
- Tracking sales of substantially renovated properties
- Tax deductions for non-resident property owners
- Full CRA-compliant tax filings
Payroll Management
- Payroll management to qualify for active income
- Payroll remittances management
- 100% compliant with CRA payroll regulations
Your Trusted Real Estate Tax Accountant in Mississauga.
Over 150+ real estate investors have experienced the most tailored tax strategies to minimize capital gains and maximize tax deductions. Enjoy long-term, profitable investments with us!
Listen to Clients' Stories with Our Real Estate Tax Accountant in Mississauga.
Be at the top of the game when you have our Mississauga’s real estate tax accountants by your side.
Hear directly from real estate investors how they “avoid costly penalties and high taxable income leading to peace of mind.”
Maximum Tax Returns.
Saving over $1,500 annually, we help you maximize your real estate investments with taxable income reduction.
No More Stress.
We ensure your GST/HST, capital gains, and rental income filings comply 100% with CRA standards.
Winning Investments.
With an average ROI of 15-25%, our CPA organizes properties to turn your portfolio into a profitability powerhouse.
Find Out Why Clients Choose Our Mississauga’s Real Estate Tax Accountants.
Pay Only When 100% Satisfied with Our Real Estate Tax Accountants.
Guaranteed Refund.
Only pay if you are satisfied with our real estate tax accounting. We work hard to attain it.
0% CRA Audit Risk.
Do CRA audits terrify you? We've got you covered! If this occurs, we will handle it for free.
Understand Your Value.
Enjoy clear, upfront pricing that lets you know what you're paying for.
Why Do Real Estate Investors Choose Our Accountants in Mississauga?
Real Estate Industries Our Accountants Serve in Mississauga.
Property Flippers
Managing flipped property capital gain taxation is difficult. It can exceed 67% of sales earnings, which is considerable. Our CPA uses the most tailored strategies to minimize tax liabilities and maximize ROI.
US Cross Border Investors
Non-resident investors struggle with LP-GP syndication. Compliance with the IRS and CRA is challenging, with 25% withholding and 67% capital gain taxes. We provide the best US cross-border services to avoid double taxation.
Multi-Family
Operational costs for multi-family residential real estate investments can average 30% of gross rental income. Our CPA catches all available tax deductions to optimize your net operating income (NOI) by 20%.
Commercial Real Estate
Commercial property value is usually higher than $1 million. With expert Mississauga real estate tax services, we boost profitability while saving $40,000 per year through capital cost allowance (CCA).
Construction and Development
Special tax regulations apply to greenfield development construction projects. We take care of all tax deductions, such as development costs and interest expenses, to save up to 15-20% of the money.
Real Estate Investors
Investment property has complicated tax regulations. Capital gains tax rates reach 67%, more than half of your income. Our CPA knows how to catch all tax deductions to keep more money in your pocket.
A Message from Our CPA
Hi there! I’m the founder of SAL Accounting. Real estate investment can be tough, but we can simplify it. Our real estate tax accounting expertise will help you classify spending, file annual tax returns, and invest wisely at each level. Our comprehensive real estate tax solution suite is great. Let us help you upgrade every aspect of your portfolio!
M. SALMAN
Connect with Top-Rated Real Estate Tax Accountants in Mississauga.
Sarah Zeyneb
Jazz Thind
Alex Hart
M.SALMAN, CPA
FAQs: Real Estate Tax Accountants in Mississauga.
What expenses can you deduct from my real estate taxes?
There are some important expenses to deduct that can boost your investments’ profitability. Property taxes (around 1% of the assessed property value), loan interest, repair and improvement costs, property management fees (8% to 12% of rental income), and tenant advertising costs are generally deductible. However, there are some terms to maintain, and you can trust our CPA and accountants in this regard.
Which is better: purchasing real estate in my name or as a corporation?
Our CPA recommends buying in your name if you are new to real estate. When you have a few business properties, it makes sense. Here, your gross income is taxed at your personal rate. However, our Mississauga commercial property tax accountants explain that buying a property for a corporation results in close to 50% taxation and passive income. After growing your portfolio, you can consider incorporation services for your real estate business.
What are the most critical tax laws regarding real estate in Canada?
The good news is that there are no residency or citizenship requirements if you want to buy properties. As a non-resident, you can start a real estate business easily, but filing annual tax returns according to CRA regulations is necessary. You may face a 25% withholding tax on rental income reports and a 67% tax on capital gains. We have the best real estate tax accountant in Mississauga who can professionally minimize tax implications.
Why is capital gain important when I'm selling a property?
When selling real estate, only 67% of the capital gain is taxable. For example, if you sell a $100,000 property, only $67,000 of your income becomes taxable. This can lead to an increase in your taxes, potentially disrupting the profitability of your business. We offer expert real estate tax advice in Mississauga to help you lower these tax burdens strategically and efficiently.
Can I change my personal residence into a rental property?
Yes, but managing tax implications is really vital in this case. You may face high capital gains taxes related to the time you lived there. When you do this, you must pay the tax on the value difference. Considering your home value was $300,000 when you lived in it, it is now worth $500,000. In this case, you must pay taxes on this $200,000 increase. To avoid this high taxation, our expert real estate accountants can help you get a primary residence exemption.
Are there any tax-efficient structures for my real estate investments?
Once your portfolio is advanced enough, you can incorporate it to save up to 38% on taxes. That is how you can make more professional investments and grow your business. At SAL, our CPA understands your specific needs and suggests tailored investing structures to achieve the highest profit possible.
How can I lower my taxes when I own multiple properties?
Capital gain is more significant when you own multiple properties in Canada. Whether you sell a property for $150,000 or $50,000, only 67% of your income becomes taxable. Our real estate accountants can help you sell your properties at the right time and price with the minimum taxation possible.
How is the process of property tax calculations in Mississauga?
The assessed value of your house is multiplied by the municipal tax rate to determine your property taxes. Every four years, the Municipal Property Assessment Corporation (MPAC), a governmental agency, determines the worth of your house. They examine your home’s size, basement, improvements, and local property values. However, the assessed value may differ from the real market value, which might make tax calculations confusing. Our real estate tax accountants can handle these challenges, so don’t worry.
How can property tax rates impact my real estate purchases?
There are many different property tax rates between municipalities in Ontario. So, having enough information about them can be useful, especially if you are already dealing with high home prices. For example, there are additional land transfer taxes in Toronto compared to Mississauga. Fortunately, our real estate tax accountants can handle these difficulties, so you don’t have to.
How can I find a reliable real estate tax accountant near me?
SAL is located in downtown Mississauga. From Lakefront Promenade Park and Port Credit in the south to Streetsville and Jack Darling Memorial Park in the west, we service a customer base stretching north as Highway 401.
Book a FREE Consultation with Our Real Estate Tax Accountants.
Are you ready to grow and expand your real estate portfolio? Our expert real estate tax accountants in Mississauga know how to minimize taxes to save more money for reinvestments. Don’t wait—contact our experts for the most tailored real estate tax strategies!