Renting out your home short-term can mean extra cash, but it’s not always worth it - Toronto Star

Renting out your home short-term can be an attractive option to earn some extra cash during slow periods or to generate income from otherwise unused space. Platforms like Airbnb have made this process more accessible and convenient for many homeowners. However, there are several factors that should be considered before diving into the short-term rental market. The first factor is the cost of hosting. This includes cleaning supplies, linens, and other amenities required to make your home suitable for guests. Additionally, you will need to ensure that your property meets local regulations and r…