Personal Real Estate Corporation (PREC) - Mississauga Accounting Firm | Hotay CPA

Personal Real Estate Corporation (PREC)

For mississauga real estate agents and brokers

Setting up PREC has the following advantages

  1. Tax savings
  2. Deferred income tax
  3. Capital gains exemption

PREC is for reporting remuneration that a salesperson or broker may receive from a brokerage.

Real estate corporations formed with us will help you file the appropriate financial statements and returns as required by the government.

Contact us to schedule your complimentary consultation.

Hotay Professional Corporation
315 Traders Boulevard East, Unit #4
Mississauga, ON L4Z 3E4

"Saving businesses one file at a time"