Losing Everything to the CRA: A Cautionary Tale for Investors

by | Apr 24, 2026 | Podcast, Real Estate, Real Estate Investing | 0 comments

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 adamraykitchener@gmail.com
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 sarah@sarahlarbi.com

To get in touch with Sarah to book her as a speaker or
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