Ontario Real estate Holding corp-losses to carry forward
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Real Estate Business For Sale in Barrie, ON (Listing ID: 4364)
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Ontario Real estate Holding corp-losses to carry forward
This Holding company was established in 2019. It has $8024 in losses to carry forward. These losses come from accounting and legal expenses required to establish the corporation, with a share structure designed by a tax specialist to be ideal for growth, sale and transfer to children for future investments. There are Class A and B common shares, and Class A and B preference shares.
I established this corporation with intentions of using it to hold real estate in Ontario. I did not end up using the corporation, and changed investment strategies. There is minimal activity in the corporation since it's establishment in 2019 (accounting fees only since then).
This corporation can be a blank slate for an investor to grow their real estate portfolio with, and to make use of some of the losses as expenses against future income.
$3,000 CAD
Barrie, ON Real Estate Business For Sale Details
Independent
Company Name:
5006520 Ontario Inc
Legal Body:
Incorporated
Established In:
2019
Last Year of Completed Statements
2025
Gross Revenue:
To Be Discussed
Annual Earnings:
To Be Discussed
Land/Building Included:
No
% of Business Selling:
100%
Reason for Sale:
Change of Heart
Financing Available:
No
Buyer does not need to have experience owning & operating a business or franchise.
Buyer does not need specific industry experience.
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