CRA Can Deny Every Short-Term Rental Expense You Claimed. Here Is the Calgary Trigger Nobody Mentions.
Income Tax Act section 67.7 denies short-term rental expense deductions on a per-day basis whenever the rental breaks provincial or municipal rules, and it removes CRA’s normal reassessment deadline entirely. Here is how Calgary’s licensing regime triggers it.
Why Every Airbnb Host in Calgary Needs a Direct Booking Website
by Cody Wise, Founder, Designer and Entrepreneur If you own an Airbnb in Calgary and rely only on Airbnb for bookings, you are leaving money on the table. Calgary is growing fast. More listings. More competition. Higher expectations. And in this market, the operators who win are not just hosts. They are brands. The Calgary […]