country. Each has its own way of doing this and the corporation means different things in each. For example, here in the US, if you go to court over a property issue that is owned by your Corp, you cannot represent yourself. That is because in the US a corp is a separate legal person. Canada is different, so you might talk to an attorney up there to see just how different.
Posted by cail money on March 12, 2009 at 20:51:55:
Alright, this could be a really dumb question I’m only 19 and just starting to get into real estate… I know about the tax savings and what not when you purchase real estate through a corporation and I want to buy houses to rent out… Is there anyway that I can turn renting houses into a business?.. so that I can incorporate it?.. Any help appreciated thanks alot, and I live in Canada if this makes any difference