Hello everyone! Just looking for some feedback from experienced hosts. I recently started hosting the main floor of my home and I'm looking for advice on if I should set up as a business. Sole Proprietorship vs LLC. I only have this one listing and don't really plan on adding any others. I'm in Ontario, Canada.
Hi Brian, Victor3744 here from Halifax NS. If you plan on having just the one listing then its best you go Sole Proprietor. LLC is a more complex structure while Sole Proprietor is simpler.
Hi @Brian, I hope you're well. Welcome to the Community Center! 🎉 I'm going to tag some lovely Hosts who are based in Canada and may be able to share some advice with you 😊@Josie196, @Deep268 and @Victor3744
Hi Brian, Victor3744 here from Halifax NS. If you plan on having just the one listing then its best you go Sole Proprietor. LLC is a more complex structure while Sole Proprietor is simpler.