Don’t rely on AirBnB in Kelowna unless you plan to make some extra income in your own personal residence but NOT as an investment.
AirBnB is an illegal and certainly undertaxed (but often tolerated or poorly enforced) operation in most Canadian cities as residential zoning usually implies a minimum of six month rentals. Hotels pay triple to quintuple the property taxes per night than an avg AirBnB operator. Thus they cheat on property taxes .. again tolerated and often reluctantly tolerated.
Few cities have specific AirBnB rules, such as Whistler, Canmore, Vancouver and now Kelowna. There may be others.
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