How To

Forming a Personal Real Estate Corporation (PREC) can help you save large sums on taxes, allow income splitting, and earn you more gains.
Cheshta Mann Mar. 25, 2021 4-minute read

So what really is a PREC?

Minimize taxes

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Reduce incorporation fees

Written by
Cheshta Mann

Cheshta Mann is a freelance writer based in London, Ontario. She works with a diverse range of clients across industries. With her financial background and a seven-year writing tenure, she takes pride in supporting content development for CIBC. Cheshta is also pursuing her career in the accounting field.