Thanks for all of the great replies, lots to read up on!

Go for it Hydro. I did the same thing when I was in University - granted it was a little easier not having the live-in girlfriend - and it allowed me to save a tonne. Sold the first place to by my next place (w my girlfriend, now wife) and converted it to a triplex and rented 2 units and...

QUOTE (invst4profit @ Oct 28 2009, 12:52 PM) In my opinion, and that of my accountant, there is no real advantage for the small investor to incorporate and as stated the taxes will be higher. As long as you are strictly a mom and pop investor I would keep it that way. What advantages are you...

QUOTE (fumbrunner @ Oct 26 2009, 10:31 AM) Hi all, Great forum. I am hoping to get some advice as to when is the right time to switch to a corporation. I have read the threads on the pros and cons to doing so. From an income and tax perspective only, when does it make sense? I now have 7 doors...