Canadian Joint Venture Legal Structure

[Vlad Bird]

Hi BP Family!

I'm looking to start my first JV deal and am looking for Canadian advice on legal structures. I am located in Toronto, Ontario but am investing in Kingston.

Have any of you done a JV in Canada before and what was the preferred structure? What did your lawyer suggest? I'm looking for tax benefits and avoiding double taxation from a corp entity, but also looking for the flexibility of bringing in future potential buyers (instead of refinancing, selling the cash flowing equity splits).

All help is welcome and I can be reached here or by personal message.

Once I get my JV reviewed by my lawyer I can share here if anyone else would like to take a look at it!