Smarten Up with JP & Fab

In this episode JP and Fab discuss tax depreciation or "CCA" for rental properties in Canada. They cover:

What is CCA?

When should you take CCA on a rental property?

When you should not take CCA on a rental property?

The limitations of CCA

If you are a real estate investor in Canada then this is the podcast for you.

In this episode, JP and Fab interview Matthew Ordower of Ordower Law. They cover:

The process of shutting down or "dissolving" your small business corporation

What you should consider before you dissolve your business

The potential legal and tax pitfalls you may encounter if you dissolve too early

Other strategies that can be employed instead of dissolving the business

If you're a small business owner in the process of shutting down your business then have a listen.

In this episode, JP and Fab interview Matthew Ordower of Ordower Law. They cover:

The ins and outs of incorporating a small business

The benefits of a corporate structure

The process required to properly incorporate a business

The pitfalls business owners may encounter if they incorporate themselves online

If you're a small business owner or starting a small business then have a listen as this episode provides a ton of valuable info.

In this episode we discuss the basics of wills, estates, and transferring assets to the next generation with veteran lawyer Angelo Vumbaca.

Specifically we cover:

What is a last will and testament.

What is probate and how do we get around it.

What are the common legal pitfalls in estate planning?

Tips on leaving assets to the next generation.

In this episode we discuss how to value a small business with Chartered Business Valuator Nick Rotundo.

We cover the why's and how's of business valuation, specifically:

When a small business owner needs to know the value of their business.

How to calculate the value of a private business.

What are the factors that contribute to a higher/lower valuation of a private company?

How small business owners can increase the value of their businesses.

In this episode JP and Fab discuss investments in stocks vs. investments in real estate and which one they think is better. They cover:

What is a real estate investment

What is a stock/equity investment

The benefits and drawbacks of each type of investment

The limitations of each type of investment

Who should be investing in each type of investment

If you're stuck on what type of investment you should be making then this is the episode for you.

In this episode JP and Fab talk autos. Specifically they discuss the difference between leasing and buying automobiles from a tax perspective.

If you run a small business and require an auto then this will be of interest to you.

In this episode JP and Fab have a talk with SR&ED expert Kevin Kelner.

The Scientific Research and Experimental Development (SR&ED) Program uses tax incentives to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. These tax incentives come in three forms: an income tax deduction, an investment tax credit (ITC), and, in certain circumstances, a refund.

We cover:

Who can make a SR&ED application

How the government approves SR&ED

How much $$$ you can get from SR&ED

This episode will be of interest to anyone who runs a small business and conducts research and development, engineering, software development, medical research and more.

In this episode JP and Fab speak with mortgage experts Dave Butler and Daniel Patton from BM select

We discuss the current state of the mortgage industry, how they built their successful business, the ins and outs of obtaining a mortgage for an investment property and so much more

If you’re interested in real estate investment you don’t want to miss this episode

In this episode JP and Fab talk about owner manager remuneration. Specifically, they discuss...

What are dividends

What are salaries

What is better? Dividends or salaries?

If you are a small business owner curious about the tax efficiencies/inefficiencies with respect to salaries and dividends then have a listen!