A real estate tax accountant Ottawa investors can build on.
Treehouse CPA works with real estate investors in Ottawa and across Canada — rental property returns, GST/HST new residential rental rebates, capital gains planning, corporate holding structures, and flip taxation. Every file is handled directly by Majdi Ibrahim, CPA.
Who this is for
- ✓Rental property owners — from a single condo to a growing portfolio
- ✓Investors deciding whether to hold property personally or in a corporation
- ✓Builders and flippers navigating HST and business-income rules
- ✓Non-residents with Canadian rental property
What Treehouse CPA does
Rental property returns
T1 and T2 returns with rental schedules done right — CCA decisions, expense classification, and multi-property tracking.
GST/HST rebates
New residential rental property rebates prepared and filed — money many investors leave on the table.
Capital gains planning
Sale timing, principal residence designations, and after-tax proceeds modelled before you list — not after you sell.
Holding structures
Personal vs. corporate ownership analysis, and Section 85 rollovers when moving properties into a corporation makes sense.
How it works
Free intro call
Walk through your properties, goals, and current structure.
Written proposal
Flat fee for compliance work; planning scoped and priced in writing.
The work
Returns, rebates, or restructuring — prepared by Majdi directly, with the reasoning explained.
Ongoing strategy
As your portfolio grows, the structure and strategy grow with it.
Problems this solves
- —Rental losses claimed wrong — or CCA claimed when it shouldn't be
- —A missed GST/HST new residential rental rebate worth tens of thousands
- —Selling a property without knowing the real after-tax number
- —A flip taxed as a capital gain that the CRA reassesses as business income
- —A growing portfolio still held personally when a corporation would serve better
Why Majdi Ibrahim, CPA
Majdi Ibrahim is a CPA (CPA Ontario) and the founder of Majdi Ibrahim, CPA Professional Corporation, operating as Treehouse CPA in Ottawa. Before going full-time with his own practice, he spent nine years at Brookfield Renewable Partners (NYSE: BEPC) — one of the world's largest publicly traded renewable power companies — working across FP&A and controllership, with three years in public tax practice before that.
Every file at Treehouse CPA is handled by Majdi directly — no juniors, no account managers, no handoffs. Clients get flat-fee pricing confirmed in writing before work begins, and a 5.0-star Google rating backs up the approach.
Frequently asked questions
How is rental income taxed in Canada?
Rental income is taxed as ordinary income at your marginal rate, after deducting eligible expenses like mortgage interest, property tax, insurance, repairs, and condo fees. Capital cost allowance (CCA) can defer tax but affects the eventual sale — the right choice depends on your situation.
Should I hold my rental property in a corporation?
It depends. Corporations offer liability separation and can help at scale or with succession, but passive rental income in a corporation is taxed at high rates initially, and mortgage financing can be harder. For many investors with a few properties, personal ownership remains better. This is a numbers question — Majdi models both before recommending.
What is the GST/HST new residential rental property rebate?
When you buy a new-build residential property to rent out, you pay full HST but may recover a significant portion through the NRRP rebate — often tens of thousands of dollars. It must be applied for correctly with a qualifying lease in place; it's one of the most commonly missed filings among new investors.
How are house flips taxed?
Since 2023, profits on residential properties sold within 12 months of purchase are generally deemed business income under the federal flipping rule — fully taxable, with no principal residence exemption, subject to limited exceptions. Flips beyond 12 months may still be business income depending on intention. Proper planning before you buy matters.
Ready to talk it through?
A free 30-minute call with Majdi — no obligation, no pressure. You'll leave knowing exactly where you stand and what it would cost.