Sale of Property – GST/HST Issues: Short-Term Rentals
Due to the proposal to deny deducting expenses related to non- compliant short-term rentals, some owners may consider selling their short-term rental property. While it is widely discussed that gains on the sale of a short-term rental property are generally taxable, the GST/HST implications of such a sale may be a surprise. A March 15,… Read more »