Professional Legal Guidance for Real Estate Tax Optimization in Ontario

Real estate transactions and ownership come with significant tax implications that require careful planning and professional guidance. Whether you’re navigating land transfer taxes, managing capital gains on property sales, or addressing tax obligations for investment properties, having the right legal partner ensures compliance and minimizes financial risks.

At Kormans LLP, we provide tailored legal services to help you understand and optimize your real estate tax strategy. From NRST compliance to investment property tax planning, our experienced lawyers work closely with you to protect your interests and maximize your returns. Trust Kormans LLP to provide practical legal solutions that align with your real estate goals.

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Comprehensive Real Estate Tax Planning Services

Kormans LLP offers a full range of legal services to support your real estate tax planning needs

Land Transfer Taxes
Understand and manage land transfer tax obligations for your real estate transactions.

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Capital Gains on Property Sales
Minimize tax liabilities when selling properties with professional guidance on capital gains.

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Tax Implications for Investment Properties
Address tax obligations for rental income, depreciation, and property ownership.

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Non-Resident Speculation Tax (NRST)
Navigate NRST compliance and apply for rebates where eligible.

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Non-Resident Speculation Tax (NRST)
Navigate NRST compliance and apply for rebates where eligible.

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Transparent Simple Pricing

The real estate market isn’t always predictable, but your closing costs should be. Want to customize your cost estimate?

All prices are based on standard transactions and exclude HST and disbursements.

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Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include: 

Title Search Costs: Verifying property ownership and liens.
Registration Costs: Recording ownership with the government.
Execution Search Fees: Checking for legal claims or judgments.
Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
Title Insurance: Protecting against title issues.
Software Transaction Fee: Costs for document preparation tools.
Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.

Looking for help finding the right service?

Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include: 

Title Search Costs: Verifying property ownership and liens.
Registration Costs: Recording ownership with the government.
Execution Search Fees: Checking for legal claims or judgments.
Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
Title Insurance: Protecting against title issues.
Software Transaction Fee: Costs for document preparation tools.
Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.

Popular Services

Mortgage Refinance

from

$849

Change of Ownership

from

$549

Close on a Purchase

from

$1179

Close on a Sale

from

$1079

Popular Services

Mortgage Refinance

from $849

Change of Ownership

from $549

Close on a Purchase

from $1,179

Close on a Sale

from $1,079

More Services

Independent Legal Advice

from $595

Builder Occupancy Closing

from $549

Review APS

from $379

Draft APS

from $1,199

All prices are based on standard transactions and exclude HST and disbursements.

Looking for help finding the right service?

Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include: 

Title Search Costs: Verifying property ownership and liens.
Registration Costs: Recording ownership with the government.
Execution Search Fees: Checking for legal claims or judgments.
Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
Title Insurance: Protecting against title issues.
Software Transaction Fee: Costs for document preparation tools.
Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.

Looking for help finding the right service?

Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include: 

Title Search Costs: Verifying property ownership and liens.
Registration Costs: Recording ownership with the government.
Execution Search Fees: Checking for legal claims or judgments.
Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
Title Insurance: Protecting against title issues.
Software Transaction Fee: Costs for document preparation tools.
Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.

Looking for help finding the right service?

Get started with Kormans

Close your transaction in four easy steps

Tailored Legal Advice

We customize our services to meet your specific real estate tax planning needs.

Comprehensive Support

From land transfer taxes to NRST compliance, we handle every aspect of your tax strategy.

Proven Proficiency

Our lawyers have extensive experience in real estate law and tax planning, ensuring your success.

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Real Estate Tax Planning Services

With a proven track record in residential real estate, our lawyers are known for their attention to detail and commitment to excellence.

We work closely with clients and partners alike to deliver results that exceed expectations.

What our clients say

Kate Ryley

THOROUGH. PROFESSIONAL. TIMELY. EFFICIENT. KIND. And reasonably priced. Have only good things to say about Jonathan at Kormans. He has helped with numerous clients of mine and is hugely reliable. 5 stars all the way!

Frequently Asked Questions

What is the Non-Resident Speculation Tax (NRST)?

The NRST is a 25% tax applied to the purchase of residential property in Ontario by foreign buyers. It applies to certain transactions and may be eligible for rebates under specific conditions.

How does Kormans LLP help with capital gains tax on property sales?

We provide legal guidance to help you minimize capital gains tax liabilities by leveraging exemptions and structuring your sales effectively.

What are the tax implications of owning investment properties?

Investment properties may have tax obligations related to rental income, depreciation, and eventual sale. We provide advice to ensure compliance and optimize your tax strategy.

Why is land transfer tax important in real estate transactions?

Land transfer tax is a significant cost in real estate transactions. We help you understand your obligations and explore opportunities for exemptions or rebates.

Can Kormans LLP assist with NRST compliance and rebates?

Yes, we guide you through NRST compliance and assist with rebate applications to ensure you meet all requirements and recover eligible payments.

Get started

Real Estate Law

Real Estate Tax Planning Services

Professional Legal Guidance for Real Estate Tax Optimization in Ontario

Get started with Kormans

Comprehensive Real Estate Tax Planning Services

Transparent Simple Pricing

Get started with Kormans

Close your transaction in four easy steps

Other Real-Estate Law Services

What our clients say

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Frequently Asked Questions