Debbie Sitzer Professional Corporation

Chartered Professional Accountant, Chartered Accountant

Recommended Articles

 

Healthy Business

Your Business and You:
A Healthy Approach to a Long Life

We’ve all heard it before, the key to a long life is a healthy body and a healthy mind. The same can be said about a company. Take care of your business like it’s a living, breathing entity, and you will see it flourish; possibly over decades, and maybe even longer. So, have a seat on the crinkly paper; it’s time for a checkup!

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The Rental Property Game

And Some Advice to Keep You Winning

Over the past eighteen months, the housing market has rocketed to stratospheric heights, hit a seemingly impenetrable ceiling, and then fell out of the sky at a rate not seen since the recession. The Financial Post reports Toronto home sales dropped a full 40% in August! With that kind of fluctuation, buyers are keeping their loonies stowed safely under the mattress and opting instead to rent until the market stabilizes. In this buyer’s market, those looking for an investment property might snatch one up for a palatable price. It seems it’s a good time to be a landlord! If that’s the direction you want to take, then let me pass on a few things you’ll need to know before you set off down that road.

Pinch yourself awake if you think that stepping into the landlord vs. tenant arena means all you need to do is buy a property, fill it with tenants, and then sit back while someone else pays your mortgage Rental income is not passive income! Be prepared to actively manage your property and your tenants.

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The Top 5 Reasons to Incorporate Your Business

Should I Incorporate my company?

At one point or another, almost every business owner ponders the question, ‘Should I incorporate my company?’ Most look at it as a question of when. ‘When my company brings in more revenue,’ ‘when I have a large staff,' ‘when I branch off into multiple divisions.' The question shouldn’t be when, but why. Why would incorporating your company make more sense than leaving it as a proprietorship? Here are five reasons why it may be time to go corporate!

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Archived Articles

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