Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This seminar identifies and reviews significant income taxation issues arising from various aspects of real estate activities and includes practical, business-focused suggestions for dealing with such issues.
After reviewing the structures available to undertake real estate transactions, this seminar provides a detailed examination of income tax issues arising from the acquisition, development, holding, and disposition of Canadian real estate. Some coverage of provincial tax issues involving real estate will be included. While a brief overview of GST, HST and provincial tax issues is undertaken, participants should be aware that due to its emphasis on income taxes, this seminar does not provide a detailed or complete discussion of the impact of indirect taxes on real estate.
Topics Include:
- Various structures for the ownership and acquisition of real estate
- The tax treatment of the costs of acquiring, holding, and developing real estate
- Issues surrounding the disposition of real estate
- Corporate reorganizations involving real estate
- Provincial tax issues involving real estate
NOTE: This course description has been revised and reflects updates for 2025. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- October 2, 2025, 8:30 a.m. - 12:30 p.m.
- October 3, 2025, 8:30 a.m. - 12:30 p.m.
Key Takeaways
By the end of this course, participants will be able to:
- Determine the distinction between real property held on account of income or capital.
- Identify repair costs vs. capital expenditures.
- Apply the rules for interest deductibility.
- Determine when the sale of a house qualifies for the principal residence exemption.
- Appreciate the differences between ownership by an individual, a corporation, a partnership and a joint venture.
- Describe the replacement property rules and the change in use rules.
Who Will Benefit
Although applicable to most tax professionals, this session is designed especially for practitioners and members in industry who work with income taxation issues arising from real estate transactions. Individuals seeking in-depth coverage of real estate GST/HST topics should consider attending the GST/HST: Real Property seminar.
Prerequisite(s)
Participants taking this seminar should possess familiarity with the existing tax rules in the Income Tax Act.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Joe Marchello, CPA, CA, CFP has over 20 years of accounting, tax and development experience. A highly motivated individual with impeccable judgement and an innate ability to solve financial and accounting problems. Joe obtained his designation specializing in accounting and tax. Accordingly, he then transitioned to project management and residential development with two major GTA developers involved in many major commercial and residential properties across the GTA. He’s an active member of the Chartered Accountants of Ontario and a Certified Financial Planner and has been quoted in various Ontario newspaper articles about Tax, Accounting, Real Estate Development, Fraud and Ethics. Other accomplishments in Joe’s career were equally impactful and included being a leader responsible for Accounting Operations of Tridel, a renowned vertically integrated multifamily residential developer in the GTA. Along with being an active seminar leader in tax, accounting and real estate for Horwath Orenstein (now know as MNP), CPA Ontario, CPA BC and CPA New Brunswick. Advancing through a series of promotions since then, Joe’s leadership has expanded beyond the boundaries of a traditional financial executive and he’s led many strategic initiatives that have had positive impact on multiple business areas, driving down costs, increasing revenue, and improving overall performance of various business units.