Our services

Expert Accounting & Tax Services for Rental Property Owners

Owning rental properties brings unique financial responsibilities, from income reporting to tax optimization. With over 25 years of experience in real estate accounting and rental property management, we provide tailored solutions to ensure your financial success and compliance with tax regulations.

Why Choose IS Accounting & Tax Services?

  • 25+ years of experience in rental property accounting & tax services
  • Tailored solutions for both individual and corporate property owners
  • Maximized tax efficiency with expert deductions & strategic planning
  • Compliance assurance to keep your finances in order
  • Reliable support for tax filings, audits, and financial planning

Comprehensive Accounting & Tax Support

Income Tax Reporting for Personal Ownership

If you own rental properties personally, you must accurately report rental income and expenses. We specialize in preparing individual tax filings, ensuring compliance with the T776 form in Canada and the TP-128 form in Quebec. Our expertise helps you maximize deductions and minimize tax liability.

For properties held within a corporate structure, our team provides specialized accounting and corporate tax return services. We ensure accurate financial reporting, compliance with corporate tax laws, and strategic tax planning to optimize your corporate structure

We help property owners claim all eligible deductions, including:

  • Mortgage interest
  • Property taxes
  • Repairs and maintenance
  • Utilities and insurance
  • Management fees By identifying every allowable deduction, we ensure you only pay the taxes you owe—nothing more.

Understanding how to claim depreciation on rental properties can significantly impact your tax strategy. We provide expert guidance on Capital Cost Allowance (CCA) to ensure long-term tax efficiency.

Accurate financial records are crucial for tax filings and potential audits. We offer tools and advice to simplify bookkeeping, ensuring compliance with legal requirements.

Our proactive tax planning services help you structure your rental property investments for optimal tax benefits. Whether you’re acquiring new properties, selling existing ones, or exploring incorporation, we provide expert guidance tailored to your goals.

Tax deadlines can be overwhelming, but with our services, you never have to worry. We ensure timely and accurate submissions, helping you avoid penalties and unnecessary stress.

Our consultations are designed to align perfectly with your financial strategy and investment goals, ensuring optimal efficiency in managing your rental properties.

Leverage our expertise to simplify tax compliance, maximize deductions, and enhance profitability. Contact us today for a consultation and discover how we can help you navigate the complexities of rental property accounting with confidence.

Our services

Other services we offer

Personal Income Tax Report

Preparation, filing of personal tax returns, including income assessment, deductions, compliance with regulations.

Self-Employed Individuals

Income statements, and tax reporting for self-employed professionals to track earnings, expenses, and file taxes accurately.

Small & Medium Corporation

Bookkeeping, payroll, sales tax reporting, financial statements, and corporate tax preparation to maintain records and ensure compliance.

Startup Business Support

Business registration, financial planning, compliance guidance, and strategic growth support for new ventures.