Thomas, I was trying to find out why there would be no annual filing required in my case? Is it only because there is no cash payment? Thank you!

Thank you Thomas! It looks like having a Canadian corp is the way to go and if there is no annual filing, the cost will be minimal.

Hi, I am interested in investing in a JV with 2 other family members. Both of them are from France. What would be the best way to do it? Through a Canadian corporation? Since I am a Canadian resident, what percentage of down payment would we need? Thank you ! Eric

Thank you so much for your answers Thomas. I was really on the fence wether or not I should keep the company or dissolve it, but I guess it makes more sense to use it for R.E investments! Now it is just a matter to change the name and the articles to go from restaurant industry to real estate! Eric

Thanks for the quick response Thomas! As it is a BC corporation, would I be allowed to use it to buy real estate in AB for example? Thx!

Hi, I guess I have a pretty strange question: I own a corporation (Ltd) in BC that used to own a restaurant and after selling all of my assets, I have now a pretty big loss of $150K with this company. I am planning on buying real estate investment within the next 6 months (used to be a REIN...

Hi everybody, Just wondering if any of you in the Vancouver area are thinking of listing your rental for the olympics. I am torn right now as I have a great location, 1 bedroom in Yaletown, 2 blocks away from BC Place but I would have to furnish the place and it is not for certain that I will...

Hi everybody, I have a condo in downtown Vancouver (Yaletown area) with a very good tenant (not a single problem so far) but the 1 year lease comes to an end soon. I was wondering, under the BC regulation, what the max rental increase percentage could be ? and if for the one who are familiar...

Hi, I have been a REIN member since february and currently own 1 rental in Vancouver. I might be moving back to France for a few years as I am french and I have been in Canada for over 4 years. I would love to keep investing in real estate in Canada while in France but as I am not gonna be a...

Hi, For BC Lease Agreement, do you usually use the one available in the member ressources as it seems to be more specific to AB? or do you have an online website to recommend? Thank you Eric