How Capital Gains Work for Business Owners
What Are Capital Gains? Capital gains are the profits you make from selling capital property such as real estate, stocks, business assets, units of a mutual fund, or land. You or your business will realize a capital gain when you sell a capital property for more than its cost plus any expenses incurred. This is […]
Should You Own Rental Property in Your Holding Company?
Owning real estate is on the mind of many business owners. A question that comes up regularly is, “should I own my rental property inside my holding company instead of owning it personally?”. The answer depends on factors that primarily involve tax. Let’s learn the dos and don’ts of owning rental property inside your holding […]