Big news for Airbnb hosts in Canada! The Fall Economic Statement proposed some major changes to the tax rules for short-term rental properties, including Airbnb spaces. Brace yourself: these changes may result in thousands in additional taxes for Airbnb owners. If you're hosting on Airbnb or considering it, this update is crucial! We've broken down the impact and what it means for your pocket. Let's navigate these changes together!
It is recommended to work with a Chartered Professional Accountant when it comes to tax and accounting. We are always looking to add value for individuals and small businesses in Canada, if you have any questions please contact us!
Tristan Bagri, CPA
Founder & Director
Tristan@tsbcpa.ca
778-707-4699
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