Lots of good information. I wasn't aware that an owner needs a hotel license to rent out their home; good to know in advance. The rules for QRP have changed very recently, lowering the qualifying age from 45 down to 40 years, and allows for business investment but must be at least $500k. I wonder if renting out a home would be allowed for a QRP person, or would that also constitute a business.
We thoroughly enjoyed this video. Thanks for sharing this information as it's quite thorough and informative.
Glad it was helpful!
🎯‼️ good vid. You are a walking encyclopedia. I Subscribed.
Thanks, let me know if you have any questions.
Lots of good information. I wasn't aware that an owner needs a hotel license to rent out their home; good to know in advance. The rules for QRP have changed very recently, lowering the qualifying age from 45 down to 40 years, and allows for business investment but must be at least $500k. I wonder if renting out a home would be allowed for a QRP person, or would that also constitute a business.
I am not sure about that.
Thank you
You're welcome