Airbnb hosts in Canada beware: the 13% tax you'll need to pay when you sell
The Canadian Money Podcast por The Canadian Money Podcast
Notas del episodio
In this episode, we dive into the new tax implications for Canadian homeowners who rent their properties on Airbnb and similar platforms. A recent Tax Court ruling means properties consistently rented for short-term stays may be classified as commercial rather than residential, making them subject to a 13% GST/HST when sold. We break down the key details, including how this tax applies, what triggers it, and the 90% usage threshold that determines your property’s status. Learn practical tips for protecting yourself as a host, including record-keeping strategies and consulting tax professionals. If you’re an Airbnb host or thinking about short-term rentals, this episode is a must-listen to avoid unexpected tax surprises!
Palabras clave
taxAirbnb
Sobre qué lugar trata este episodio
Country