Category: ontario
-
New HST Rule Could Mean Huge Taxes for Canadian Airbnb Hosts When Selling Their Homes
If you’re renting out your home on Airbnb or similar platforms, you might face a major tax bill when you decide to sell. A recent ruling from the Tax Court of Canada says that homeowners who frequently rent their properties for short-term stays will be hit with a 13% HST when they sell. This could…
