CPA in Kitchener
Tax filing and planning for landlords, investors, flippers, builders and home sellers.
Talk to an accountant(647) 527-4970Real estate is often the biggest financial move in a person's life, and the tax rules are full of traps. We help owners, landlords and investors keep more of their gains and stay on the right side of the CRA.
From Downtown Kitchener and Belmont Village to Huron Park and Grand River South, we work closely with tech startups, creative agencies, trades contractors, and property owners throughout the city.
We prepare rental income statements, calculate capital cost allowance and advise on the principal residence exemption and on reporting property sales. Homes held for a short time can be treated as business income under the property flipping rules, which we look at before you sell.
For builders and renovators we also handle GST/HST on new housing and related rebates.
Want the full picture? Read more about our real estate tax service or see everything we offer in Kitchener.
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A simple process from first call to finished work.
Tell us about your situation by phone, video or the contact form. We listen first and ask the right questions.
You get a plain-language scope of work and a fee quote before anything starts, so there are no surprises.
We prepare, file and reconcile everything, and you review a clear summary before it goes to the CRA.
Questions in March or September are welcome. We stay available all year, not just at tax time.
T1 tax returns for individuals, families, students, seniors and newcomers, filed accurately and on time.
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T2 corporate returns and year-end tax planning for Canadian-controlled private corporations.
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Tax returns and expense tracking for freelancers, contractors, gig workers and sole proprietors.
Learn moreCanadian tax filings for non-residents with rental income, property sales or other Canadian-source income.
Learn moreUS tax returns and cross-border planning for US citizens, green card holders and Canada-US businesses.
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GST/HST registration, returns, rebates and CRA notice support for businesses in Ontario.
Learn moreQuick answers to what people ask us most.
Yes. We provide real estate tax to individuals and businesses in Kitchener and Waterloo Region & Guelph. You can meet with us by phone or video and share documents securely online. Call (647) 527-4970 to get started.
If the property was your principal residence for every year you owned it, the gain is generally exempt. You still have to report the sale on your return. The rules are more complex if you rented part of the home or owned it as a residence for only part of the time.
Since 2023, a residential property owned for less than 365 days is generally treated as inventory, so the profit is taxed as business income instead of a capital gain. There are exceptions for certain life events such as death, separation or a job change.
Yes. Common deductions include mortgage interest, property tax, insurance, repairs, property management fees and utilities you pay. Capital improvements are treated differently, and claiming capital cost allowance is optional.
Fees depend on the scope and complexity of your situation. After a free consultation we give you a clear quote before any work begins.