VanPlex Plexperts · BC Multiplex Money
Manning Elliott LLP
Featured on VanPlex Plexperts — the curated directory of BC multiplex money.
CPA Firm · Real Estate Practice Group, Manning Elliott LLP
A BC CPA firm running since 1952, with a Real Estate Practice Group.
Four BC offices and 200+ CPAs. The Real Estate Practice Group handles property developers, landlords, investors, and non-resident owners — the same tax questions a multiplex builder runs into.
1952
Year founded
200+
CPAs and advisors
4
BC offices
4
Partners in the Real Estate Practice Group
Meet Manning Elliott LLP
Manning Elliott LLP is a BC accounting firm that started in 1952. It has grown to more than 200 CPAs and business advisors working out of four offices: Vancouver, Burnaby, Surrey, and Abbotsford. The Vancouver office is at Suite 1700, 1030 West Georgia Street.
The firm runs a Real Estate Practice Group focused on the property market. The group is led by four partners: Lyndon Braun (CPA, CA), Matthew Ko (CPA, CA), Tina Lu (CPA, CGA), and Raymond Lu (CPA, CA).
The Real Estate Practice Group splits its work across four client types. Homeowners get advice on principal residence exemptions and capital gains. Landlords and investors get tax structuring advice on whether to hold property personally or in a corporation, plus help moving assets between entities. Property developers get financial reporting, including audited and reviewed financial statements that meet accounting standards. Non-resident owners get help with tax residency and filing requirements.
For a multiplex project that question of structure comes up early: hold the property personally or in a company, how to bring on partners, and what the tax bill looks like on sale. The firm states it works through the tax consequences of each structure and the options for transferring assets.
Credentials
Why work with Manning Elliott
01
Built around developers, not just homeowners
The Real Estate Practice Group names property developers as one of its four core client types and produces audited and reviewed financial statements for them. A multiplex build sits squarely in that category.
02
Structure advice before you buy
The group advises landlords and investors on holding property personally versus in a corporation, and on moving assets between entities. Getting that right at the start of a multiplex project affects the tax on every later step.
03
Non-resident filing covered
If a multiplex partner or investor is a non-resident, the firm handles tax residency and filing requirements directly, rather than referring that work out.
Frequently asked questions
Should I hold my multiplex personally or in a corporation?
Can they prepare the financial statements a lender or partner asks for?
Where is the office and how do I reach them?
Other money
Dustan Woodhouse
Funded 1,695 mortgages from 2008 to 2018 and topped $100M in personal volume three years running. Won Canadian Mortgage Professional Broker of the Year in 2017.
Vancity Credit Union
First BC lender with a retail mortgage built for multiplex construction. Up to 80% of project cost, 18 months interest-only, qualify in your own name with no company needed.
BFL CANADA
Employee-owned commercial brokerage founded in 1987, with a construction practice covering builders risk, wrap-up liability, and contractor insurance.
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