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Home purchase with a corporation

2.69K viewsTax Questions

Is it the right way to buy a home with a corporation in Canada?

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The right way to buy a home with a corporation in Canada is to ask for a tax-free loan from your corporation. Only you need to pay nominal interest charges on the received loan amount and the corporation then allows you to have more than 10 years of repayment period. Also, you need to establish an employee relationship with your corporation and must be issued regular pay stubs. Please contact us at 416-900-3826 and we can set it up for you.

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