Since I am not really changing the main purpose of the property, one source told me it shouldn't apply.Lastly, do make sure you apply for an account to pay your sales (collected by Airbnb and vrbo, but not others) and Tourist Development taxes (you must collect).

In general if you are what is called a resident alien, you are going to be taxed on your world wide income. 

Vacation rentals can generate higher income during peak season, especially in a tourist-friendly are like Venice.

Tourists are sometimes tarred and feathered. 

It's the biggest feeder city there is besides NYC and also one of the most glamorized tourist spots in recent years. 

Find Pet Sitters & House Sits Worldwide | TrustedHousesitters.com It is a site that trades pet / house sitting for free housing.

Coupled with Louisville’s vibrant cultural scene, which includes the Kentucky Derby, the Muhammad Ali Center, and a burgeoning culinary landscape, it’s no wonder the area continues to attract both new residents and tourists alike.Tax Advantages: A Game-Changer for BusinessesAs if these economic drivers weren’t enough, Kentucky has recently made a bold move by eliminating income tax.

To my understanding:Worldwide Income: As a Canadian resident, you are required to report and pay taxes on your worldwide income, including income earned from U.S. real estate.

I read that Booking.com was also taking a hit and yet, I also read that the tourist industry was experiencing a boom.

From Panama Papers to a dwingling economy worldwide it became evident prices where for the most part at their peak.