Our firm is experienced with realtors and mortgage broker. Whether you’re self-employed or incorporated as a Personal Real Estate Corporation (PREC) or mortgage broker corporation, we can assist in your accounting and taxation matters. 

When you come onboard, we will have a thorough discussion to ensure you’re informed in the various accounting and tax matters that are relevant to your specific situation.

For example, did your accountant explain to you the two options to calculate your GST/HST – the Regular Method and the Quick Method? If you’re a realtor or mortgage broker earning decent commission (e.g. $100,000 – $400,000) and have relatively low expenses, you may potentially save up to $3,000 per year from using the Quick Method for accounting for GST/HST instead of the Regular Method. Furthermore, the Quick Method is administratively easier too.

We will help you maximize your tax savings while minimizing any potential CRA audit risks.

As a bonus, we will generally answer free of charge any simple real estate income tax questions that you might encounter from working with your client. This would help you look good in front of your clients and keep the selling or buying process moving.

And our fees are reasonable. Particularly, if you’re looking for bookkeeping services, we use an Excel based system that is usually cheaper than a bookkeeper using an online software subscription such as QuickBooks Online. You may read more about our bookkeeping services here.

Please click request a quote to find out more.