Losing Everything to the CRA: A Cautionary Tale for Investors

In this raw and honest episode, Sarah Larbi sits down with Adam Kitchener, a seasoned investor and former property manager who built a massive career only to see it dismantled by the CRA. Adam shares the devastating chain of events where an audit of a former client led to an investigation into his own finances, ultimately resulting in his bank calling all of his mortgages due. This is a vital conversation for any investor about the importance of corporate structure, the reality of tax audits, and the mental grit required to rebuild from zero. What You Will Learn The Fourplex Sweet Spot: How Adam used residential mortgages to execute perfect BRRRs. The Audit Domino Effect: How being a third party contractor for a troubled firm put Adam in the CRA crosshairs. The Sole Proprietorship Trap: The specific structural mistake that allowed the CRA to target Adam’s personal assets and his family members. Banking Default Realities: Why banks can call a mortgage even if you have never missed a payment. Rebuilding with Grit: How Adam is using his construction expertise to launch Renovation Solutions and move forward. This episode brought to you in part by Dalia Barsoum at Streetwise Mortgages https://streetwisemortgages.com/ Get in touch with Adam Kitchener, Renovation Solutions [email protected] Follow on Instagram https://www.instagram.com/renovationsolutionsinc/# Follow on Facebook https://www.facebook.com/profile.php?id=61576545914368# Connect on LinkedIn https://www.linkedin.com/in/adam-k-21a985137/ To work with Sarah Larbi contact at https://sarahlarbi.com/contact/ or [email protected] The post Losing Everything to the CRA: A Cautionary Tale for Investors first appeared on Sarah Larbi Developments.