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Rick7591 wrote on Sun Jun 27, 2021 4:06pm:
Thank you for that, I understand the taxes now, on a slightly different note, if we were to purchase a property I assume that if you were to rent your home out for part of the year you would need to obtain a license of some sort is that correct?
Thanks in advance Rick
Hi Rick, Yes you do and once upon a time I did that when I tried AirBnB (it wasnt for me though) but I do not recall how that was organized. I am sure you can find it on the internet.
Of course your tax situation will change.. So you should talk to an accountant. It could impact your taxes at home and here.
