We act on purchases and sales of both commercial and residential properties in Canada. When acting for either a purchaser or a seller, we take tax considerations into our advice on how to structure a deal. We have acted on multi-million dollar purchases/sales of commercial and residential properties in Canada.
When a client asked us to set up a limited partnership for them to purchase a 5 million dollar farm property in Ontario, we offered to design a plan that could allow them to utilize five separate million dollar capital gains exemptions that would allow them to shelter 5 million dollars of capital gains on a future sale. The ultimate structure included a limited partnership, but it also utilized several corporations and a family trust to enable this future benefit to be available to the client.