Insights & Advice for Business Owners
Welcome to my Blog — your go-to resource for small business financial insights across.
Whether you're a startup navigating cash flow or an established company looking to streamline your accounting, tax preparation & bookkeeping processes, you'll find valuable content designed to support your success.
As a CPA and QuickBooks Pro Advisor, I’m here to break down complex topics into clear, actionable advice tailored for entrepreneurs.
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What Happens When You Convert Your Principal Residence Into a Rental Property?
When you convert your home into a rental, the CRA treats it as a deemed sale — potentially triggering capital gains. Learn how the subsection 45(2) election can help you defer tax and preserve your principal residence status.