Who will apply for the short term rental license in city corporation?
The owner will apply for the license
Does my condominium management allow short term rentals?
You need to find out with your property owner or manager. It’s crucial to review your condominium’s bylaws and regulations regarding short-term rentals to ensure compliance with their policies and guidelines.
How do I manage my rental income tax? Or do I need to report my rental income in tax file?
You need to report your rental income on your tax return as part of the statement of rental income in your T1 general. Failure to do so can result in penalties or legal consequences. It’s important to stay compliant with tax regulations to avoid any potential issues with authorities.
Can I use my basement for short term rental?
Yes, you can use your basement for short-term rental, but ensure you have the required license to operate legally and responsibly.
Who will pay for the cleaning staff and other maintenance cost?
Airbnb pays for the cleaning service and SpaceShare will take care of the cleaning. As part of our service, SpaceShare assumes responsibility for covering the costs associated with cleaning staff and other maintenance expenses. Thus, SpaceShare bears the financial responsibility for these essential operational aspects, enabling seamless experiences for both hosts and guests.
How do I use multiple properties for AirBnb?
Please direct your inquiry to the SpaceShare office for the most accurate response and professional assistance regarding this matter. Thank you for your cooperation and understanding.