The Canadian Edition of Quickbooks really only differed from its U.S.A. cousin by having an awkward implementation of GST/HST (our VAT) and GIFI.  

.✅ YouTube channels like Robuilt and Airbnb Automated – Practical, step-by-step tips from experienced hosts.✅ Books like The Airbnb Expert’s Playbook – A great intro to hosting fundamentals.✅ Online communities (Facebook groups, Reddit’s r/Airbnb) – Learn from real hosts sharing what works and what doesn’t.Focus first on guest experience, pricing strategy, and local regulations—those are the pillars of a successful STR business.I can also share my top 5 beginner mistakes to avoid if you’d like—just let me know! 

What if rent control is implemented?  

Some of my most successful clients that have strong cash flow, implement these strategies. 

This has included:*Financial oversight with budgets and bookkeeping, having a finger on the pulse of cashflow and financials*Regular communication with partners (business partner, accountant, contractors and investors)*Implementing weekly sync calls to go over short and long term goals/lists (highly recommend the book Rocket Fuel by Gino Wickman on this one)*Strategic planning, focusing on not just the current projects, but looking ahead and having plans in place to maintain momentum*Analysis of each project to determine wins/lessons and use these to continue to improveI think regardless of the business, being intentional versus random and careless certainly makes and impact on progress and scaling.   

The massive email chain of listing automations is exhausting.

I ask these because if you really want to make this a long-term investment and are ready to take on the extra work (software makes it easy to automate about 80% of this, but you still need to be prepared),  then I wouldn't rush into this just to save on taxes and purchase wrong. 

@Mitch Kronowit My insurance agent told me some months ago that the company I have most of my policies through had implemented a smoke free policy for the entire property including yards.

The Vrbo and Airbnb apps make things pretty easy and offer enough automated messages for me.

And are you leveraging any tech or automation tools for bookings, cleaning, or maintenance?