Start Lean

You have extra money, ready for investing, in your corporation. Are you better off buying real estate in the corporation or taking the money out and buying it personally? There are many points to consider such as the tax implications, how many properties do you have, how are you going to fund it, liability, is this your first home, etc. Real estate in a corporation can be a good idea as long as it fits into your overall financial plan.

Asset location is basically where a business owner should be allocating their assets long term. Investing in the corporation, paying down debt, buying real estate, RRSP, TFSA, etc. This is also done with income splitting, as applicable, and taxation in mind. This is at the heart of business owner planning.