Many realtors are fine without a PREC, especially early on or when most income is needed personally.
A PREC tends to make sense when income is consistently high, cash flow is predictable, and there is a reason to retain earnings or plan over multiple years.

We regularly advise clients not to incorporate when the structure does not add value. The goal is not incorporation. The goal is the right structure.

This is usually determined quickly in a strategy call.

There is no single dollar threshold that applies to everyone.

What matters more is:
• how much income you keep in the business
• whether income fluctuates year to year
• how you pay yourself
• whether you have longer-term planning goals

Some realtors benefit at lower income levels. Others see little advantage even at higher income. We look at the full picture before recommending anything.

A PREC usually creates tax deferral, not permanent tax elimination.

If you need most of your income personally each year, the immediate benefit may be limited.
If you retain income, plan across multiple years, or expect income growth, the benefit can be meaningful.

We focus on outcomes that hold up over time, not first-year optics.

In some situations, yes. In many situations, no.

Family involvement must be structured carefully and meet CRA reasonableness standards. This is an area where poorly structured advice causes problems later.

We only recommend approaches that are practical, defensible, and supported by documentation.

The most common issues we see are:
• incorporating too early
• paying themselves without a clear remuneration plan
• mixing personal and corporate expenses
• misunderstanding retained earnings
• assuming the structure manages itself

None of these are aggressive mistakes. They are usually the result of unclear guidance.

Yes. Many clients come to us after their PREC has been running for a few years.

A review often identifies:
• inefficiencies
• documentation gaps
• remuneration issues
• missed planning opportunities

A small course correction early is much easier than fixing problems after CRA questions arise.

Yes. More importantly, we structure things to reduce the likelihood of issues in the first place.

Clean records, consistent treatment, and documented rationale go a long way.
If CRA does ask questions, we help you respond clearly and calmly.

We are not a once-a-year filing firm.

Our role is to:
• keep records clean
• ensure decisions are intentional
• flag issues early
• adjust planning as income and complexity change

You should always understand what is happening and why.

Yes. In fact, that is where structure matters most.

As volume increases, small inefficiencies compound quickly.
We work with high-volume agents to keep the business scalable without adding unnecessary complexity.

The first call is a working conversation, not a sales pitch.

We review:
• how you currently earn and pay yourself
• whether a PREC exists or is being considered
• where uncertainty or friction exists

If there is a clear next step, we outline it.
If not, we will say so.

Book a discovery call.
We will determine quickly whether there is a fit and what level of support makes sense.

If the answer is no, you will still leave with clarity.