Airbnb homeowners will be taxed when selling their properties (Kelly Cutrara – Global News 640)

Airbnb homeowners will be taxed when selling their properties (Kelly Cutrara – Global News 640)

New tax bylaw might be passed that will tax homeowners selling their properties.

A recent ruling by the Tax Court of Canada that shows homeowners who have regularly rented out their properties on Airbnb or other short-term rental sites will be subject to paying 13% HST when putting their homes up for sale.