Dive into the world of real estate taxes and expenses with Axel Monsaingeon and Rosalie-Anne Tichoux Mandich in this episode of The Very Real Estate Effect podcast. Rosalie provides invaluable insights into the intricate landscape of taxes in real estate investing.

 

Throughout the episode, Axel and Rosalie-Anne cover operational versus capitalized expenses and how they impact your tax strategy. They explore various tax considerations, from GST and QST to tax planning for profitability.

 

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What you will learn if you listen to the episode:

• The crucial distinction between operational and capitalized expenses in real estate investment.

• How different expenses affect your tax strategy and overall profitability.

• Practical insights into tax planning for real estate ventures.

• Understanding the nuances of GST and QST in real estate transactions.

• The significance of proper record-keeping for tax purposes.

• Real-life examples of common tax pitfalls in the real estate industry.

• The potential risks and consequences of improper tax reporting.

• Why consulting a tax specialist is essential for effective real estate tax planning.

• Strategies to maximize tax returns while complying with regulations.

• How proactive tax management can significantly impact the success of your real estate projects.

 

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And please subscribe to the show, share it with a friend and send us feedback. Visit www.realestateeffect.ca and follow me on IG @monsaxel