It's no secret that the majority of millionaires have become rich through actively owning or participating in the Real Estate market.
Today, individuals have the opportunity to invest in Real Estate using their Tax Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) to compound their returns like no other generation has seen, tax free.
Limited partnership income is paid out as investment income. This means the Canada Revenue Agency (CRA) treats it differently from a general partnership share or the dividend a corporation pays to its investors.
Shares in a limited partnership are often eligible for inclusion within registered investments, such as a Registered Retirement Savings Plan (RRSP), adding to the tax advantages. (An accountant can provide further information relevant to individual circumstances).
By partnering with a private equity firm or developer such as Cynterra, individuals can to participate in the Real Estate market without actively finding, analyzing, negotiating and managing the assets directly. We'll take care of all the heavy lifting so you can enjoy the benefits of:
