Taxpayers who sell or who have sold Airbnb units are now on notice: The CRA is watching
A recent ruling serves as a warning to taxpayers to obtain sophisticated tax advice if they plan on changing property use from tax-exempt long-term rentals to taxable short-term rentals like Airbnb, Bob Aaron writes.
Categories
Recent Posts
Three communities that are bucking national real estate trends
Build Canada Homes aims to build 4,000 housing units on federal land: Carney
Carney allots $13-billion to build affordable housing under Build Canada Homes
An interior designer works closely with an architect to create his ideal Ravine Residence
Nearly 80% of economists predict BoC rate cut next week
Nearly 80% of economists predict BoC rate cut this week
Calgary loft owner, forced to sell condo because of job transfer, takes $4,900 loss
The search for the next generation of stewards of this Vancouver heritage jewel
Internal government documents reveal grim housing climate in Canada
First-time buyers expected to drive up Vancouver market, the Home of the Week and more top real estate stories
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "