Real Estate Taxation Services
Navigating taxation in the real estate industry can be complex—especially with ever-changing tax laws, varying income streams, and the involvement of multiple entities. At Bhatia Professional Corporation, we specialize in delivering expert real estate tax solutions tailored for Canadian property investors, agents, developers, and corporations. Whether you’re managing rental properties, developing land, or expanding your investment portfolio, our tax professionals ensure you remain compliant and tax-efficient every step of the way.
Why Real Estate Professionals Trust Bhatia Professional Corporation
With over a decade of experience working alongside real estate professionals across Canada, we understand the nuances of the industry—from HST implications to capital gains and cross-border investments. Our team is committed to delivering proactive, reliable, and personalized tax strategies that reduce liabilities and protect your profits.
Ready to take control of your real estate taxation matters?
Our Specialized Real Estate Taxation Services
Strategic Tax Planning & CRA Compliance
Strategic planning to minimize tax liabilities and ensure compliance with CRA regulations
Our tax planning services include:
- Choosing the optimal ownership structure (individual, partnership, corporation, or trust)
- Utilizing tax deferral opportunities
- Reviewing lease income versus capital gains classification
- GST/HST implications on sale or lease of real property
Corporate & Personal Tax Filing for Real Estate Entities
Corporate & Personal Tax Filing: Expert preparation and filing of tax returns for individuals and corporations involved in real estate.
We assist with:
- T1 and T2 tax return preparation for real estate transactions
- Reporting rental income and expenses
- Claiming capital cost allowance (CCA) on buildings
- Declaring capital gains from sales and transfers
Financial Statement Preparation
Financial Statement Preparation: Accurate and timely financial statements to support your business decisions and lender requirements
Our financial reporting includes:
- Profit & loss statements
- Balance sheets
- Cash flow projections
- Year-over-year performance comparisons
- Custom KPI dashboards for property portfolios
Bookkeeping & Record-Keeping Services
We offer full-service bookkeeping designed to manage high-volume transactions and various property types.
Features include:
- Monthly tracking of rental income and property expenses
- Reconciliation of mortgage payments and interest
- HST/GST filings and remittances
- Real-time financial reporting via cloud accounting platforms like QuickBooks and Xero
GST/HST Advisory for Real Estate Transactions
We offer guidance on registration, collection, remittance, and input tax credit claims—especially for new home sales, commercial leases, or major renovations.
We help with:
- Determining GST/HST applicability on residential and commercial transactions
- Filing GST/HST returns and rebates
- Navigating self-assessment rules
- Maximizing input tax credits
Cross-Border Real Estate Taxation
If you’re a non-resident investing in Canadian real estate or a Canadian investing in U.S. property, our cross-border taxation specialists ensure you’re fully informed and protected.
Services include:
- FIRPTA and withholding tax assistance for U.S. investments
- Tax treaty application between Canada and the U.S.
- Income repatriation planning
- Coordination of dual tax filings to avoid double taxation
Who We Serve
Why Choose Bhatia Professional Corporation for Real Estate Tax Services?
Smooth and timely tax filing! Bhatia Professional Corporation ensured every deduction was captured and kept me fully compliant with CRA.
Dilip KumarCustomerAs a law firm, their legal bookkeeping support is top-notch—accurate trust accounting and zero compliance issues. Highly recommended.
Sanjay SinghaniaCEOPayroll has never been easier. Bhatia Professional Corporation system is accurate, CRA-compliant, and saves us hours every month.
Martin MathewsCustomerDuring our CRA audit, Bhatia Professional Corporation handled everything professionally and got us through it stress-free. Great representation!
Dinesh BhartiCompany OwnerImpressive knowledge of real estate tax laws. They helped us structure better and save big on our property investments.
Mohit DhingraReal Estate Investors