Business registration

[Halal-and-Farsad0]

Hi there,  I am looking for advice on tax implications and regulations for hosting an Airbnb. Do I need a business registration for this? Also do you purchase your insurance through your own insurance or just the Airbnb insurance? 

[Helen3 · Accepted solution]

1. Check with your local government re STR regulations/local taxes 

2. your accountant can advise you about personal taxes 

3. you need your own home insurance for short term lets @Halal-and-Farsad0 

[Halal-and-Farsad0]

Thank you so much! 

[Emilie]

Hi @Halal-and-Farsad0, 

 Welcome to the Community Center! When did you start welcoming guests in your listing? 🙂

In addition to Helen's comprehensive advice, I wanted to share this article that you might find interesting as it gathers quite a lot of information on this topic as well: Responsible hosting in Canada

I hope this helps!

Emilie