This is Muhammad Nasrullah,

Chartered Professional Accountant

20 years in public practice

Serving GTA Brampton and Mississauga Area

Disadvantages Of Having Professional Real Estate Corporations – 3 Things You Should Know

1. More Paperwork

You have to fill Ontario Corporation Return, Federal Corporation Return, HST Return, T4 Return separately

2. Potentially More Wages Expense For Accountants

More paperwork may lead to more salaries

3. More Expenses For Your Company

Without enough annual income, it is not advisable to have a professional real estate corporation. It will significantly reduce your saving. If you are not paying any taxes, you are not saving any taxes.

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Muhammad Nasrullah,CPA, CGA, LPA
Chartered Professional Accountant
Licensed Public Accountant
206A – 2365 Finch Ave. West North York, ON. M9M 2W8
Tel: (1) 416-748-0817 ext 101 Fax:(1) 416-748-6814 E-mail: