Tax Fairness for REALTORS®

Personal Real Estate Corporations

Personal real estate corporations (PRECs) will benefit our members and are a top priority policy issue for OREA. Today, PRECs are one step closer to becoming law.

professionals reviewing documents

Real estate salespeople and brokers may incorporate in Ontario and arrange for their self-employed revenue to be paid into a PREC. Many real estate professionals will choose to incorporate to take advantage of certain tax benefits. OREA has compiled A Guide to Personal Real Estate Corporations for Ontario REALTORS® to assist our Members in understanding the PREC regulations.

 Download the guide here: A Guide to Personal Real Estate Corporations for Ontario REALTORS® (pdf)

OREA AI Assistant