By: RANEX REALTY GROUP

Personal Real Estate Corporations (PREC)

Tags: #PREC, #Personal Real Estate Corporations

IS PREC RIGHT FOR ME? After more than ten years advocating for the right to incorporate, the Ontario REALTORS® are now be permitted to operate their business through a personal real estate corporation (PREC). For Realtors who will benefit from a PREC, it can significantly lower their tax burden, helping them reinvest in their business and save for the future. The PREC model for Realtors i...Read More