Blog & Tips

By end of June, most Canadians have filed their personal returns in April and are working through their self-employed and corporate tax returns in June. We can all now relax and enjoy the summer! Summer is a great time to relax but also a great time to reflect. Was your Tax Season too taxing? Before […]

As I meet with Real Estate Investors and Developers they usually tell me “I have Fred or Sally handling my bookkeeping for the past 15 years. They key in my invoices into Quickbooks desktop, print cheques for me to sign, go to the bank to deposit the rents, and send me my financials at the […]

As I have conversations with small and medium business owners (SMBs) and families with property portfolios the most common sentiment is they feel their business or portfolio is too small for a CFO. On a monthly basis, their Bookkeeper is paying their bills, collecting rent, and ensuring any employees are getting paid. They might even […]

Mid-year is a great time for a checkpoint on how your real estate investments are performing. There are a number of key areas to consider as you evaluate the performance of your real estate portfolio. However, the common issue we see with clients is they don’t take a step back to build a 1 year, […]

The following is general advice and guidelines for Canadian real estate investors. For more specific advice please review your situation with an experienced advisor specializing in cross-border tax implications. A common question comes up in our discussions with real estate investors. Many Canadians are intrigued by US real estate investment opportunities but are unsure whether […]

Real Estate Development is capital intensive and involves many simultaneous workstreams to ensure your cash flow is managed efficiently. One might ask, isn’t it just bookkeeping and invoice payment? Is it really that complex? The short answer is “it depends”. If you have the right process with controls and process accountability you can efficiently run […]

The Canadian Q1 GDP report was published today showing a further stagnation in economic growth which paired with the unemployment rate reaching 6% is a likely sign of a June or July interest rate cut from the Bank of Canada. The chart below courtesy of RBC shows the impact with the likely 7th straight quarterly […]

There are a number of ways to hold your Real Estate Investment including personally, through a corporation, partnership, Trust, mutual fund trust, and more! Real Estate Investors frequently ask us if they should setup a separate Real Estate Investment Corporation or simply hold the asset personally? We also frequently get the question if they should […]

Finalyze specializes in being Trusted CFO Advisors to Real Estate Investment Firms and Developers. We get asked the question a lot, aren’t you just bookkeepers for our business? Couldn’t I just us a mortgage broker or Controller to handle my finances? What about my existing accounting firm or real estate tax accountant? A Real Estate […]

The 2024 Federal Budget has proposed a number of changes that have caused an uproar with voters and the LinkedIn community. I thought it would be important to run through the changes and how they impact Real Estate Investors and Developers. At a macro-level, real estate gets built and funded based on free-flowing capital. Our […]