Fixed-Fee. Trusted. Accurate. Quick. Easy. Economical.

Affordable Real Estate Tax Services for Canadian Businesses

100% Risk-Free, Satisfaction, Guarantee, Price Match – Pay After Service

At Tax Filings Canada, we help Canadian Real Estate businesses streamline finances, reduce stress, and grow with confidence.

+15 Yrs Exp
Team of CPAs & CAs
CPA Canada (In-Depth Tax Program)
EX BIG4, EY, Deloitte
Udit Gupta, Certified Tax Accountant - Taxfilings Canada
TAX REFUND
$7300
TAX EXPERT
100% INCOME TAX
95% GST/HST/PST
85% PAYROLL

Tax and accounting for real estate in Canada: Tax Filings Canada handles GST/HST on new construction, rental income reporting, and capital versus income treatment, for investors, realtors and developers, at a fixed fee.

How Real Estate Tax Specialists Works

  1. 1

    Share

    Send your documents securely through our portal or by email.

  2. 2

    Prepare

    We prepare your real estate return and every supporting schedule.

  3. 3

    Review

    You review each figure and approve before anything is filed.

  4. 4

    File & pay

    We file with the CRA, and you pay only after it is complete.

Real Estate: Tax Filings Canada vs. a Typical Firm

Factor Tax Filings Canada Typical Firm
Pricing model Fixed, flat fee Hourly / unpredictable
Payment Pay after service Upfront retainer
Price match Yes, on written quotes Rarely
CRA audit support Included Billed extra
Typical turnaround 3-5 business days 2-4 weeks
Real Estate: Our Analysis

The costliest question in Canadian real estate tax is not which deductions apply, it is whether a gain is capital or income. A capital gain is only partially taxable; a property bought with the intention to resell can be taxed as fully taxable business income, and the CRA looks at intention, holding period and frequency rather than what the taxpayer calls it. Assignment sales and new residential construction add GST/HST, which applies to newly built housing but generally not to used residential resale.

Accounting & Tax Solutions for Real Estate

PREC Tax Structuring

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Rental Property Accounting

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Capital Gains Planning

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GST/HST New Housing Rebate

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CRA Audit Support

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Why Real Estate Firms Partner with Us

We are a dedicated accounting firm with years of experience navigating complex CRA rules. Our Accounting Firm tax accountants protect your business and optimize overall tax efficiency.

Tailored Tax Planning

Specific deductions, cost allocations, and asset depreciation structures optimized for your niche.

Transparent Fixed Pricing

No surprise bills. Know exactly what you'll pay with our standard, upfront monthly/annual fees.

CRA Compliance & Representation

We back all prepared files. If CRA raises questions, we represent your interest directly.

Stress-Free Process

Completely remote cloud-based bookkeeping and filing. Submit documents, review draft, pay when done.

Udit Gupta, Certified Tax Accountant

Udit Gupta, Certified Tax Accountant

Founder & Managing Director • Big4 Alumnus • In-depth Corporate Tax Specialist

Tax Filings Canada Team Office

"A Unique Real Estate Approach – Results First, Payment Later!"

  • Step 1: Share your information – No Upfront Payment!
  • Step 2: We prepare your financials & tax return.
  • Step 3: Review & sign the deliverable before payment.
  • Step 4: Make the payment only when satisfied.
  • Step 5: We file your return & share final documents.
  • Step 6: 100% Refund Guarantee – If unsatisfied, claim a full refund within 24 hours!

Risk-Free, Hassle-Free, and Client-First!

Schedule a Free Consultation

Core Real Estate Sub-Services & Features

We provide a comprehensive accounting ecosystem so you can focus on operational execution.

Real Estate PREC Tax Structuring

Tailored compliance, tracking, and tax solutions for Real Estate businesses.

Personal Real Estate Corporation setup & compliance
Commission income tracking, splits & deferral models
Tax-deductible marketing, gifts and auto expenses
PREC shareholder dividend vs salary optimization for real estate businesses
CRA Compliance Focus: We guarantee fully optimized corporate/individual deductions, complete trial balance verification, and robust audit trail protection for all Real Estate activities.

Real Estate Rental Property Bookkeeping

Tailored compliance, tracking, and tax solutions for Real Estate businesses.

Monthly rental income, utilities & interest tracking for real estate businesses
Direct maintenance repairs vs capital improvement audits
Detailed cash flow reports per rental property address
QBO / Xero bookkeeping tailored for landlords for real estate businesses
CRA Compliance Focus: We guarantee fully optimized corporate/individual deductions, complete trial balance verification, and robust audit trail protection for all Real Estate activities.

Real Estate Corporate Tax

Tailored compliance, tracking, and tax solutions for Real Estate businesses.

T2 Corporate returns for property holdcos & dev corps for real estate businesses
Section 85 asset rollover tax-deferred property transfers
Passive rental investment income tax structures
Capital gains vs business income tax characterization for real estate businesses
CRA Compliance Focus: We guarantee fully optimized corporate/individual deductions, complete trial balance verification, and robust audit trail protection for all Real Estate activities.

Real Estate GST/HST Rebates & Filings

Tailored compliance, tracking, and tax solutions for Real Estate businesses.

New Residential Rental Property Rebate (NRRPR) filings for real estate businesses
GST/HST calculations on commercial property leasing
Input Tax Credit (ITC) tracking on construction expenses
CRA audit support for multi-residential rebates for real estate businesses
CRA Compliance Focus: We guarantee fully optimized corporate/individual deductions, complete trial balance verification, and robust audit trail protection for all Real Estate activities.

Real Estate CFO & Advisory Services

Tailored compliance, tracking, and tax solutions for Real Estate businesses.

Buy-and-hold vs property flip cash flow forecasting for real estate businesses
Joint Venture (JV) partnership accounting structures
Capital Cost Allowance (CCA) depreciation schedules
Holding company partnership tax allocation strategies for real estate businesses
CRA Compliance Focus: We guarantee fully optimized corporate/individual deductions, complete trial balance verification, and robust audit trail protection for all Real Estate activities.

Real Estate Personal Tax for Realtors

Tailored compliance, tracking, and tax solutions for Real Estate businesses.

T1 returns for self-employed realtors and brokers for real estate businesses
Automobile logbook write-offs & home office calculations
Marketing, client entertainment, and travel deductions
Quarterly income tax installment calculations for real estate businesses
CRA Compliance Focus: We guarantee fully optimized corporate/individual deductions, complete trial balance verification, and robust audit trail protection for all Real Estate activities.

Real Estate Sectors We Work With

Providing compliant corporate tax filings, bookkeeping, and advisory across specialized operational areas.

Real Estate Tax Filing Fixed Pricing

Transparent, fixed-fee Real Estate pricing with zero hidden fees. Pay only after your Real Estate work is completed and filed.

Corporate Tax Filing

$90/One-time filing fee

T2 corporate tax filing, balance sheets, income statements compilation, corporate tax optimization, and direct CRA representation.

Explore Details

Partnership Tax Filing

$250/Partnership return

T5013 partnership information returns, K-1 partner schedule allocations, structural planning, and tax minimization advisory.

Explore Details

Non-Profit Tax Filing

$250/NPO filing fee

T3010 registered charity returns, T1044 NPO return filing, financial summaries compilation, and compliance audits support.

Explore Details

Trust-Estate Tax Filing

$300/Trust return

T3 trust tax return filing, testamentary trust setups, estate distribution allocations, and strategic inheritance planning.

Explore Details

Business Bookkeeping

$100/Month (Up to 50 txns)

Bank & credit card reconciliations, monthly balance sheet and P&L preparation, payroll ledger syncing, and QuickBooks/Xero ledger support.

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Notice to Reader (NTR)

$500/Compilation year

Compilation engagement report, corporate financial statement compilation, trial balance adjustments, and full T2 return integration.

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Personal Tax Filing

$25/Return starting fee

T1 tax returns compilation for students, salaried employees, and self-employed. Covers T4/T5 matching, RRSP credits, and medical deductions.

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GST/HST Sales Tax Filing

$75/Filing cycle

Sales tax ledger reconciliation, Input Tax Credits (ITCs) verification, Netfile electronic submission to CRA, and provincial compliance checks.

Explore Details

Begin Your Journey with the #1 Real Estate Accounting Firm in Canada

Real Estate Tax & Accounting Case Studies

See how our expert Real Estate tax and accounting services have helped Canadian businesses save money and stay compliant.

Case Study 1

33 Months Reconciled And $6,200 Of Input Tax Recovered — Mortgage Brokerage, Regina

33 months of records at a mortgage brokerage in Regina, Saskatchewan had never been reconciled, leaving industry-specific reporting obligations nobody had flagged. Rebuilding recovered $6,200.

Read More Read the full case study

Case Study 2

Remuneration Review Saved $65,000 Across Corporate And Personal Returns — Property Management Company, Kitchener

A remuneration review at a property management company in Kitchener, Ontario found seasonal revenue reported without matching the costs that produced it and saved $65,000 across the corporate and personal returns.

Read More Read the full case study

Case Study 3

Audit Defence Closed In 7 Weeks, $127,000 Cleared — Short-Term Rental Operator, Red Deer

A short-term rental operator in Red Deer, Alberta was under review over a previous accountant with no experience of this sector. The file closed in 7 weeks with $127,000 of proposed tax cleared.

Read More Read the full case study

Case Study 4

Share Sale Restructured, $270,000 Less Tax On Closing — Condo Corporation Manager, Victoria

Due diligence at a condo corporation manager in Victoria, British Columbia surfaced a single shareholder holding every share, with no room to multiply the exemption. Restructuring the sale saved $270,000 against the original terms.

Read More Read the full case study

Case Study 5

Holding Structure Added, $12,000 Saved Annually — Residential Rental Portfolio, Windsor

A residential rental portfolio in Windsor, Ontario needed a holding structure to deal with a chart of accounts that told the owner nothing about real estate margin. The reorganisation was tax-neutral and removed $12,000 of annual exposure.

Read More Read the full case study

Case Study 6

$137,000 Late-Filing Penalty Cancelled On Relief Application — Commercial Landlord, Moncton

A commercial landlord in Moncton, New Brunswick had already been penalised over equipment and asset classes assigned by guesswork rather than the CCA schedule. A relief application cancelled $137,000 of that penalty.

Read More Read the full case study
Read all 6 Real Estate case studies in full Browse the full case-study library

Our Expert Real Estate Accounting Firm & Team

Meet the specialists behind your Real Estate filings. Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Udit Gupta

Udit Gupta

CEO & Founder

CA (ICAI), Certified Tax Accountant, In-Depth Tax Trained

Abhinav Gupta

Abhinav Gupta

Canada Tax / International Tax

Canada Tax, International Tax, Cross Border Tax, Transfer Pricing

Raghav Gupta

Raghav Gupta

International Tax Expert

International Tax, Transfer Pricing Specialist

Anmol Mittal

Anmol Mittal

Canada Tax Expert

CPA Canada, CPA USA, CA (ICAI), Canada Tax Expert

Vinayak Indolia

Vinayak Indolia

CFO Advisory

Accounting Firm, CA. Fractional CFO and Senior Advisory Specialist

Meet Our Entire Team of Experts

Specialized Industries We Serve for Real Estate

Explore our accounting and corporate tax services tailored for Canada's major business sectors.

Healthcare & Medical
Real Estate & Property
Construction & Trades
E-Commerce & Retail
Professional Services
Restaurants & Cafes
Manufacturing & Logistics
Non-Profits & NPOs
Technology & Startups

Healthcare & Medical

Specialized compliance accounting and tax optimization designed for medical clinics, general practitioners, dentists, and pharmacists in Canada.

  • Overhead cost allocation & clinic expense tracking
  • Medical professional corporation (MPC) tax planning
  • GST/HST exemption review and input tax credit claims
  • Full payroll integration for associates and clinic staff
Explore Healthcare Services

Real Estate & Property

Strategic tax planning and custom accounting systems built for real estate agents (PRECs), property managers, developers, and property investors.

  • PREC (Personal Real Estate Corporation) tax structuring
  • Rental property bookkeeping & cash flow analysis
  • Capital gains tax optimization and deferral strategies
  • GST/HST rebate filings on new residential properties
Explore Real Estate Services

Construction & Trades

Progress billing systems, subcontractor compliance, and job costing models to keep builders, general contractors, and trades compliant and profitable.

  • Project-by-project job costing & margin tracking
  • Subcontractor T5018 slip preparation & filing
  • Work-in-progress (WIP) accounting & bank compliance
  • WSIB and provincial workers' compensation reporting
Explore Construction Services

E-Commerce & Retail

Multi-channel sales tax tracking, inventory accounting integration, and financial analytics for Shopify, Amazon FBA, and WooCommerce businesses.

  • Automated integrations with Shopify, Amazon, Stripe, etc.
  • Multi-province GST/HST/PST sales tax filing
  • Real-time inventory valuation and COGS tracking
  • Cross-border sales tax compliance and duty tracking
Explore E-Commerce Services

Professional Services

Accurate corporate tax filing, monthly bookkeeping, and payroll management for consulting firms, tech startups, legal practices, and creative agencies.

  • Time-tracking integrations and utilization reports
  • Shareholder compensation and dividend planning
  • SR&ED tax credit tracking and documentation
  • Virtual bookkeeping and automated invoicing systems
Explore Professional Services

Restaurants & Cafes

POS integrations, tip tracking, food cost of goods sold (COGS) analytics, and weekly payroll processing built for Canada's food and beverage sector.

  • POS report synchronization & cash flow daily audit
  • Tip pooling calculations & CRA compliance audits
  • Food, beverage, and labor cost variance reports
  • Vendor payment management (Accounts Payable)
Explore Restaurant Services

Manufacturing & Logistics

Cost accounting, raw materials inventory valuation, supply chain overhead tracking, and driver payroll setups for manufacturers and distributors.

  • Bill of materials (BOM) cost tracking & analysis
  • Standard cost audits & variance analysis
  • Multi-warehouse inventory accounting controls
  • Fleet expense monitoring and logbook checks
Explore Manufacturing Services

Non-Profits & NPOs

CRA T3010 charity returns, T1044 NPO filing, grant-tracking accounting, and transparent donor financial reporting to maintain status.

  • Fund accounting & grant allocation tracking
  • T3010 Registered Charity Return filing
  • T1044 Non-Profit Organization Return filing
  • Board audit assistance & donor report packs
Explore Non-Profit Services

Technology & Startups

High-growth financial management, SR&ED tax credits tracking, Virtual CFO advisory, and venture capital compliance for tech companies across Canada.

  • SR&ED tax credit filing and documentation mapping
  • Monthly cash burn, runway, and financial dashboard metrics
  • Multi-currency bookkeeping and SaaS revenue recognition
  • Virtual CFO support for fundraising and investor reports
Explore Tech Services

Real Estate Accounting Firm & Tax Filing Locations

Find your nearest real estate tax professional and Accounting Firm office. Select a province, then choose your city for local real estate corporate tax filing and accounting.

1. Select Province

2. Choose City / Town

Toronto Real Estate TaxFilings
Ottawa Real Estate TaxFilings
Mississauga Real Estate TaxFilings
Brampton Real Estate TaxFilings
Hamilton Real Estate TaxFilings
London Real Estate TaxFilings
Markham Real Estate TaxFilings
Vaughan Real Estate TaxFilings
Windsor Real Estate TaxFilings
Kitchener Real Estate TaxFilings
Waterloo Real Estate TaxFilings
Oakville Real Estate TaxFilings
Burlington Real Estate TaxFilings
Richmond Hill Real Estate TaxFilings
Barrie Real Estate TaxFilings
Oshawa Real Estate TaxFilings
Guelph Real Estate TaxFilings
Kingston Real Estate TaxFilings
Cambridge Real Estate TaxFilings
St. Catharines Real Estate TaxFilings
Real Estate Service Location

Toronto, ON

Expert real estate corporate tax filing, personal returns, and comprehensive real estate accounting services in Toronto.

Full Province-Wide Real Estate Service Coverage
+1 (416) 619-0068

Real Estate Frequently Asked Questions

Direct answers to what Canadian business owners actually ask before hiring an accountant.

What tax deductions are real estate businesses most likely to miss?

The recurring ones are capital cost allowance on equipment placed in service late in the year, the business-use portion of vehicle and home-office costs, and professional development. Each is defensible when documented at the time and difficult to defend when reconstructed later.

How much does accounting for real estate businesses cost?

Corporate tax filing starts at $90 and bookkeeping at $10 per month, quoted as a fixed fee before work begins. Sector complexity does not trigger a surcharge. Review the full price list.

Do real estate businesses need to register for GST/HST?

Registration is mandatory once taxable revenue exceeds $30,000 over four consecutive quarters. Registering voluntarily below that threshold is often worthwhile, because it lets you recover input tax credits on startup and equipment purchases.

Should I incorporate my real estate business?

Incorporation usually pays off once profit consistently exceeds what you draw personally, because retained earnings are taxed at the small business rate rather than your marginal rate. Below that point the added compliance cost often outweighs the benefit. We model both before you decide.

What records do real estate businesses need to keep?

The CRA requires six years of books and records from the end of the tax year they relate to: invoices, receipts, bank statements, payroll records and contracts. Digital copies are acceptable provided they are legible and complete.

How do you handle payroll for real estate businesses?

We run the cycle, remit source deductions on schedule, and issue T4s ahead of the February deadline. Late remittances draw a penalty of up to 10% and repeat lateness raises it to 20%, so timing is the whole game. See our payroll service.

Can you work with my existing bookkeeping software?

Yes. We work in QuickBooks, Xero, Wave, Sage, spreadsheets, and plain scanned documents. You are not required to migrate systems to become a client, and we never charge a conversion fee.

What if my real estate business operates in more than one province?

Multi-province operations allocate taxable income by permanent establishment and payroll, and sales tax rules differ by jurisdiction. We handle the allocation schedules and the differing GST, HST, PST and QST obligations in one engagement.

When should a real estate business register for GST/HST?

Registration becomes mandatory once taxable supplies pass $30,000 over four consecutive calendar quarters, and the obligation starts almost immediately rather than at the next year-end. Registering voluntarily below that threshold is often worthwhile when you are buying equipment, because it makes the tax on those purchases recoverable.

How long does the CRA expect a real estate business to keep records?

Six years from the end of the tax year the records relate to. That covers invoices, receipts, bank statements, payroll records and the working papers behind the return. Records supporting the purchase of a capital asset must be kept six years past the year the asset is finally sold.

What happens if a real estate business files late?

The late-filing penalty is 5% of the balance owing plus 1% for each full month the return is late, to a maximum of twelve months. A second late filing within three years doubles those figures. Interest compounds daily from the balance-due date regardless of when the return is filed.

Can a real estate business deduct vehicle costs?

Yes, in proportion to business use, and the logbook is what supports it. The CRA accepts a full-year log, or a three-month sample backed by a complete prior-year log. Travel between home and a regular place of work is personal; travel between work locations is business.

Should a real estate business incorporate?

Incorporation usually pays once profit consistently exceeds what the owner draws personally, because the retained amount is taxed at small business rates rather than personal rates. Where the entire profit is withdrawn each year, incorporation often costs more in filing and compliance than it saves.

What triggers a CRA audit for a real estate business?

Ratios that sit outside sector norms, repeated losses, large or round-numbered expense claims, and mismatches between filed slips and reported income. Most reviews are resolved on documentation alone, which is why contemporaneous records matter more than the size of any single claim.

How are employees and subcontractors treated differently for a real estate business?

The CRA looks at control, ownership of tools, chance of profit and risk of loss rather than what the contract is titled. Where a worker is reclassified as an employee, the unremitted CPP, EI and withholding land on the payer, together with penalties and interest.

What instalments does a real estate business have to pay?

Individuals pay quarterly instalments once net tax owing passes $3,000 in the current year and either of the two preceding years. Corporations generally pay monthly, with many small CCPCs eligible for quarterly instalments instead. Basing them on a current-year estimate avoids overpaying after a strong year.

When are tax returns due in Canada for Real Estate businesses?

For corporations in the real estate sector, T2 tax filings are due within 6 months of the fiscal year-end. Personal returns for sole proprietors are due June 15, with balances payable by April 30.

What tax deductions are available for Real Estate companies?

Common write-offs include operating expenses, inventory costs, technology software licenses, marketing, employee wages, home workspace allocation, and capital assets depreciation.

Why choose Tax Filings Canada for Real Estate accounting?

We provide specialized bookkeeping, corporate compliance, and strategic planning with a 100% Satisfaction Guarantee and Pay After Service model.

Still have questions? View our FAQ page or contact us.

Tax & Accounting Resources for Real Estate

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Free 15 Min Consultation for Businesses

Ready to get started with Real Estate?

Talk to a professional tax accountant about your situation. No obligation, and you only pay once the work is complete and you have approved it.

  • Tax accountant led team
  • Fixed fees, no hourly billing
  • Pay only after you approve

Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Chartered Professional Accountants Canada AICPA — American Institute of Certified Public Accountants Institute of Chartered Accountants of India Malaysian Institute of Accountants