Tax for Real Estate Investors

As featured in

Rental income, capital cost allowance strategy, capital gains, and the question of whether to hold personally or in a corporation. Every return is prepared and filed by a CPA, built to stand up to CRA review.

Book a free consultation Call (613) 410-8202

★★★★★ 5.0 from 80+ Google reviews

CPA preparing tax returns for real estate investors with rental properties in Canada

Real estate tax, done properly

Rental property tax is its own discipline

Investing in real estate creates tax questions most returns never touch. Rental income has to be reported to the CRA on form T776, current expenses have to be split from capital ones, capital cost allowance can shelter income but comes with recapture down the road, and a sale triggers capital gains. We handle all of it as a full standalone accounting service, prepared and filed by a CPA who works with property owners.

What we handle

Tax topics we cover for investors

Rental income reporting

We report your rental income and expenses to the CRA on form T776, accurately and on time.

Capital cost allowance

We advise when claiming CCA on the building helps and when holding off protects you later.

Capital gains on a sale

When you sell, we calculate the capital gain and report it correctly on your return.

Recapture on disposal

If a sale pulls back the CCA you claimed, we account for the recapture so there are no surprises.

Current vs capital expenses

We apply the CRA line between repairs you deduct now and improvements you capitalize.

Personal vs corporation

We help you weigh holding property personally against holding it inside a corporation.

Personal tax returns (T1)

Your personal return prepared and filed with your rental activity fully reflected.

Corporate tax returns (T2)

If you hold property in a corporation, we prepare and file the T2 to match.

Talk to a CPA about your properties

A decision worth getting right

Hold personally or in a corporation?

It is one of the biggest tax questions an investor faces, and the right answer depends on your income, your plans for the portfolio, and how you want to draw money out. We walk you through the trade offs so the structure fits your goals, not a rule of thumb.

Book a free consultation Call (613) 410-8202

How income is taxed. How rental profit is taxed in your hands compared with inside a corporation.
Getting money out. What it takes to move funds from a corporation to you, and the cost of doing so.
A future sale. How capital gains and recaptured CCA play out under each structure.
Filing obligations. A corporation means a T2 every year, which we prepare and file for you.

Client reviews

Rated 5.0 by our clients on Google

    
 
 
         
   Robby Brown 
 
 
 
 Trustindex verifies that the original source of the review is Google. E-commerce can get complicated fast with fees and multiple payment platforms. Better Books Canada broke it down in a way that actually made sense. Reports arrive on time and highlight what needs attention. It’s been easier to focus on growth instead of trying to reconcile transactions late at night.
  
 
        
   Emily Tomlinson 
 
 
 
 Trustindex verifies that the original source of the review is Google. Books are current and organized. Makes day to day operations easier. Happy with the support!
  
 
        
   Ezekiel Luanda 
 
 
 
 Trustindex verifies that the original source of the review is Google. This firm is amazingly detail focused and client centric. I have been using them since the conception of my business and without their expertise and dedication to the numbers of it all I would not be able to flourish the way I am. Furthermore, Bashar is personable, patient, incredibly knowledgeable, timely, trustworthy, genuine and all around a total win to have on any team for financial services.
  
 
        
   Tatiana 
 
 
 
 Trustindex verifies that the original source of the review is Google. As a consultant working with federal clients in Ottawa, I needed someone who understood proper documentation and clean records. The team organized everything and set up consistent reporting so nothing slips through the cracks. It has saved hours every month. Things just feel under control now.
  
 
        
   wesley bailey 
 
 
 
 Trustindex verifies that the original source of the review is Google. Appreciate the consistency. Reports come in on time and make sense. That’s really all that was needed.
  
 
        
   Pierre Frederick 
 
 
 
 Trustindex verifies that the original source of the review is Google. Bashar is incredibly competent, knowledgeable and honest. He is not a bookkeeper that likes to meddle in grey areas. He has worked for the CRA and does everything he can to protect and inform his clients. He provides an incredible amount of value compared to the amount that he charges, and it’s truly been a pleasure working with him. I highly recommend Bashar if anyone is looking for bookkeeping services in Ottawa.
  
 
        
   Rehoboth Mubedi 
 
 
 
 Trustindex verifies that the original source of the review is Google. Professional and well-run business. Bashar was friendly, efficient, and knowledgeable, and the office was clean and easy to access. Everything was handled smoothly from start to finish. Highly recommend.
  
 
  
  
 
 
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Why investors choose us

A CPA who knows property tax

Prepared and filed by a CPA

Every return is prepared and filed by a Chartered Professional Accountant, not seasonal software or a part time preparer. Explore our full tax services.

CCA used with the long game in mind

Claiming capital cost allowance can lower tax now but pull back on a sale. We advise on timing so it works for your plans, not against them.

Personal and corporate, coordinated

Whether you hold personally or through a company, we handle personal tax returns and corporate tax (T2) so they line up.

Built to stand up to CRA review

We claim what you are owed and document it properly, so your return is accurate, compliant, and ready if the CRA ever asks.

$10M+

accounts managed

1,000+

months of books completed

offices across the Ottawa region

5.0

average Google rating

Records that support the return

Solid records make for a solid filing

When your rental records are clean, your return is accurate and defensible. If you want your properties tracked door by door through the year, see our bookkeeping for real estate investors service, or browse every niche across the industries we serve.

Ready to file your rental taxes right?

Book a free consultation with a CPA. We will review your properties, your structure, and your goals, then prepare and file a return you can stand behind.

Book your free consultation Call (613) 410-8202

Help center

Real estate tax FAQs

Rental income and the expenses against it are reported to the CRA on form T776, the Statement of Real Estate Rentals. We prepare it as part of your return, with each property accounted for. See the CRA guidance on completing form T776.

Sometimes. Capital cost allowance can lower your rental income now, but claiming it can lead to a recapture when you sell, and it generally cannot be used to create or increase a rental loss. We advise on whether and when to claim based on your situation. The CRA explains the rules for capital cost allowance on rental property.

A sale can trigger a capital gain, and if you claimed capital cost allowance along the way, part of it may be recaptured and added back to your income. We calculate both and report them correctly on your return. See the CRA page on selling your rental property.

It depends on your income, your plans for the portfolio, and how you want to draw money out. Each route is taxed differently and carries different filing obligations. We walk you through the trade offs so the structure fits your goals, and we prepare the returns either way.

No. We are fully virtual with secure digital records, so there is nothing to drop off or pick up. You share your documents digitally and a CPA prepares and files your return. We work with investors across Canada, with four offices in the Ottawa region.

Your return is prepared and filed by a Chartered Professional Accountant (CPA). That means your rental income, capital cost allowance, and any capital gains are handled correctly, and your filing is accurate, compliant, and ready to stand up to CRA review.

Locations

Find us across the Ottawa region

Downtown Ottawa

116 Albert St, Suites 200 & 300
Ottawa, ON K1P 5G3

(613) 410-8202

Kanata

1000 Innovation Dr, Suite 500
Ottawa, ON K2K 3E7

(613) 509-1309

Orleans

114 Chancery Crescent
Orleans, ON K4A 4N3

(613) 454-1399

Embrun

867 Notre-Dame St
Embrun, ON K0A 1W0

(613) 510-0230

Open Monday to Friday, 8AM to 8PM at every location.