Type of Business in Ontario, Canada

[Brian2953]

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. 

[Sophia]

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  

[Victor3744 · Accepted solution]

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.

[Brian2953]

Thanks for the feedback @Victor3744 . That’s what I was leaning towards.