For Realtors
If you are a realtor operating in the Okanagan, we can help you get your books in order, and keep them there. With so much action taking place in Okanagan real estate you need an accounting firm who understands your needs.
Accounting Services For Realtors
As a realtor, you may operate as a sole proprietor or under a special incorporation called a Personal Real Estate Corporation (PREC).
As a realtor your have many unique expenses that other professionals or businesses wouldn’t have, and each realtor’s situation varies. For example, desk fees, commission splits may vary depending on brokerage and/or level of sales and other factors. Entertaining clients, providing client and/or referral gifts and travelling/vehicle expenses are a big part of your business.
PREC’s have special restrictions that other incorporated companies do not. For example:
- ownership structure is limited (the real estate professional must be the controlling individual)
- a PREC cannot conduct any other business other than real estate services and ancillary services directly associated with the provision of real estate services (i.e. – a support service directly related to real estate services)
These are only 2 of the many restrictions and conditions that apply to PREC’s, to find more information please visit A Guide to Personal Real Estate Corporations | RECBC.
We are experienced in all the requirements and able to provide all required services for realtors in BC. Our staff undergo continuous professional development, including the Real Estate Course through the UBC Sauder School of Business to ensure we are up to date on the changes in the industry and have training in the field, so we fully understand your needs. Contact us to discuss your needs!
CURRENT DRIVES & DONATIONS
WE ARE GETTING READY FOR OUR FILL-A-BACKPACK CAMPAIGN! This drive runs mid July throug August each year. We accept new backpacks, lunchkits, thermoses, water bottles, school supplies, shoes, clothing and cash and then match the donations!
Come check us out at our new location: 479 Winnipeg Street or cheque out the foundation's website www.lhrcommunityfoundation.ca
Our official launch of this program in 2022 was extremely successful, beating our target of 50 backpacks and hitting 75! The backpacks were disbursed to local families and school to help families with the cost of going back to school.
This year we are looking to fill 100 backpacks!
We are also looking to expand the program to ensure families have access all year and not just at the beginning of the school year.
If you would like to donate or sponsor OR if you know a family that could use our help please contact us at: donations@lhrcommunityfoundation.com
3RD ANNUAL TOY & PJ DRIVE
WITH YOUR HELP, WE PROVIDED 16 FAMILIES WITH FULL CHRISTMAS HAMPERS INCLUDING GIFTS FOR ALL FAMILY MEMBERS AND GIFT CERTIFICATES FOR FOOD.
IN ADDITION WE WERE ALSO ABLE TO PROVIDE INDIVIDUAL ITEMS TO OTHER INDIVIDUALS AND ORGANIZATIONS WITHIN OUR COMMUNITY.
