• Short-Term Rentals and Home Sharing

    Alan Kay

    The home sharing market seems like it could be an easy way to supplement one’s income.  However, one should not jump into the market without first getting legal and tax advice.  Proponents of home sharing make it seem easy.  But you need to consider the issues: Municpal Regulation, Site-Specific Regulation, Financing and Insurance, Income Taxes, HST...

    Remember, home sharing and short-term rentals, even if in your primary residence, are commercial operations.  Treat them as such and get advice.

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