TIME TO ELIMINATE AIRBNBS?.. (No, I don’t think so)
TIME TO GO AFTER AIRBNBS?.. (No, I don’t think so)
Canada wants to eliminate all Short Term Rentals (STR). And they are going to punish anyone that has rented out their properties for short term stays.
The federal gov’t has already changed tax laws that disallow expensing interest costs on STRs in major urban centers. Effectively making it more costly to own a short term rental property.
Changes to short-term rental rules – link to article
And here’s another tax. Have you seen this?
Continue reading “TIME TO ELIMINATE AIRBNBS?.. (No, I don’t think so)”
That’s right, I’ve said this before, and will say it again. 
Our lifecycle goes something like this… Go to school. Find a job (and work hard for 40 years). Fall in love. Get married. Save money. Buy a house. Start a family. Retire on enough pension or savings. Enjoy the results of your hard work. Live in your house until death. Leave the house for your kids.
UNBIASED AND INDEPENDENT SINCE 2009 