Accounting for real estate agents in Ontario
Incorporated agents (PREC) earn commission income, deduct marketing and vehicle costs, and need to plan for lumpy, deal-driven cash flow.
CRA EFILE authorized · Every filing signed by an accountant · Switching is free — about an hour of your time
taxifi · Real Estate Agents
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Lumpy commission income
Commissions arrive in bursts. We keep the books current so tax is set aside as you earn, not scrambled for in April.
Marketing and vehicle expenses
Marketing, vehicle, and client costs are tracked and documented so you claim everything you're entitled to.
Your PREC
The personal real estate corporation's books and year-end T2 are handled, with owner-pay planning built in.
HST on your commissions
Returns are prepared and filed on your schedule, with input tax credits captured on business expenses.
What’s included
Published prices for incorporated Ontario real estate agents. Everything below is handled.
- Commission-income bookkeeping
- Marketing, vehicle, and expense tracking
- HST returns prepared and filed
- PREC corporate bookkeeping and owner pay planning
- Year-end corporate tax (T2), from $1,000 a year
| Area | A typical setup | With taxifi |
|---|---|---|
| Your books | Weeks or months behind | Current every day |
| Year-end (T2) | A spring scramble, billed extra | Included, no surprise invoice |
| Your accountant | Metered by the hour | Unlimited questions, flat monthly |
Accounting for real estate agents by city: Ottawa · Toronto · Mississauga · Hamilton · London · Kitchener-Waterloo · Windsor · Kingston
Common questions
Do you work with personal real estate corporations (PRECs)?
Yes. Incorporated agents are a core fit, including the corporate T2 and compensation planning.
Can you handle irregular commission income?
Yes. We keep the books current so tax is set aside even when income is lumpy.
Books and taxes for your real estate agent, done
Bookkeeping from $99 a month, accountant-reviewed from $299, corporate T2 from $1,000 a year. Prices are published; a call confirms the fit.
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